The Ripple Thread

EagererBeaver

Finally got around to buying in an hour ago. Up 10%. Christ on a bike!

Selik

Hit 1.225 on Bitstamp a short while ago. Proving an excellent hedge right Now against the big drops everywhere else!

icanmunch

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

GreeBo

icanmunch wrote: »

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

Yep, try not to trade in btc

Pudsy33

icanmunch wrote: »

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

Use Ethereum, it's cheaper to transfer.

Anyone else having binance problems? Trying to deposit and failing.

icanmunch

Thanks guys. Just one last question, when you have your ripple purchased, are you storing it in binance or saving it elsewhere?

Mr.S

icanmunch wrote: »

Thanks guys. Just one last question, when you have your ripple purchased, are you storing it in binance or saving it elsewhere?

Some on the exchange / some on a hardware wallet

JustShay

icanmunch wrote: »

Thanks guys. Just one last question, when you have your ripple purchased, are you storing it in binance or saving it elsewhere?

I'll try help out with this one. Firstly I will explain what I do.

I use Bittrex to store my coins. Now it is only an exchange so shouldn't really be used to store coins. Using an acutal Crypto Wallet is the most secure way. There's no harm storing them on the exhange sites.

What do I do if I get scared something is going to crash, say Ripple? I exchange my Ripple to USDT. USDT or 'Tether' is a currency that never goes above or below a dollar. So you can exchange most popular currencies to USDT on Bittrex, when you want to keep your money safe.

If I wish to withdraw the USDT, I quickly exchange all of it to Bitcoin, send it to Coinbase, and transfer it to my Euro Account. I can then withdraw to bank account.

Let me know if you need a hand with any of that.

JustShay

Mr.S wrote: »

Is there any substance to those rumours? Every source is either a faked webpage or just someone saying "I know someone at Coinbase and they said it's coming"

Lets hope, being added to Coinbase would be huge as everyone will want in due to the cheap price.

Peaked $1.38 this morning and its not even 2018...:pac:

Tinder Surprise

Sorry lads I must be pissing you off by now but i am gonna have another moan.....

Coinbase are now saying up to 10 days for SEPA transfers to show, so heads up

SteelyDanJalapeno

JustShay wrote: »

I'll try help out with this one. Firstly I will explain what I do.

I use Bittrex to store my coins. Now it is only an exchange so shouldn't really be used to store coins. Using an acutal Crypto Wallet is the most secure way. There's no harm storing them on the exhange sites.

What do I do if I get scared something is going to crash, say Ripple? I exchange my Ripple to USDT. USDT or 'Tether' is a currency that never goes above or below a dollar. So you can exchange most popular currencies to USDT on Bittrex, when you want to keep your money safe.

If I wish to withdraw the USDT, I quickly exchange all of it to Bitcoin, send it to Coinbase, and transfer it to my Euro Account. I can then withdraw to bank account.

Let me know if you need a hand with any of that.

This is a good explanation, but Tether can go below a dollar it is not way linked to the Dollar, it has the potential to destroy the crypto market imo if people assume its = USD.

Your method of swapping to BTC and then to Coinbase is sound but expensive, you'll pay 2% swapping from BTC to Euro on Coinbase, and another fee when you finally withdraw. This is massive imo.

BKtje

Tinder Surprise wrote: »

Sorry lads I must be pissing you off by now but i am gonna have another moan.....

Coinbase are now saying up to 10 days for SEPA transfers to show, so heads up

Made a transfer on wednesday and available in my account late this morning.

Colleague did the same and it was returned to him as it was taking so long.

In case it has any bearing, this was my third transfer and it was his first.

[Deleted User]

75 c USD now...
not far off halving in a day from peak

DANNY2014

glasso wrote: »

75 c USD now...
not far off halving in a day from peak

Everything is a sea of red today... Nearly 200 billion gone from the marketplace... This morning they were at 55 euro cent at 5am... Since then they gained back up to 90 cent and back down again... So basically sale now on Buy the dips-HoDL=purchase an island...

millhouse

Here we go again , the rollercoaster continues. Ripple gone from €0.87 to€0.59 to €0.79 over the past few hours. My heart is broken constantly pressing refresh. Are things not supposed to slow down around Xmas?

millhouse

Was there supposed to be some sort of announcements expected from the people at ripple over the coming days

DANNY2014

Ripple is a long term game... 2018 will be nuts...

[Deleted User]

DANNY2014 wrote: »

Ripple is a long term game... 2018 will be nuts...

what's your theory on that?

DANNY2014

glasso wrote: »

what's your theory on that?

No theory this is all 100% speculative nobody knows where anything is going... 2018 will be nuts for altcoins imo... Not just ripple... It's all one big gamble a game of wait and see... Don't put in what you can't afford to lose...

crushproof

I've been ignoring the blood bath reports today. It was bound to happen at some point. The manipulators had to have their day eventually. And anyway major fluctuations have been part and parcel of crypto.

Unlike a lot of folk (look at reddit) I'm ignoring it all and shall enjoy Christmas. Looking forward to the gains in 2018!

ED E

DANNY2014 wrote: »

No theory this is all 100% speculative nobody knows where anything is going... 2018 will be nuts for altcoins imo... Not just ripple... It's all one big gamble a game of wait and see... Don't put in what you can't afford to lose...

You need to have a theory, or suspicion, or something more than gut feeling.

BTC will persist because its BTC. LTC is a maybe. BCH/BTG are both on unsteady ground. Eth has potential to be useful so is a safe long game.

Ripple is a mess tbh, not a full CC in the normal sense. Could easily go the way of DOGE/YAC etc.

Carroller

I don't have much XRP I'm just in it for the ride, but a quick question. Mine is currently on binance exchange. I understand it's not entirely safe on the exchange so let's say if I move it to toast wallet for ripple it will coast 20XRP. My remaining XRP will they continue to go up and down in price like they do on the exchange. Or do I only lob it on the exchange to sell them?

EagererBeaver

How does this question keep coming up for all the coins?!

It doesn't matter where you hold your coins. The value of a ripple is the value of a ripple (it will obviously vary depending on what exchange you check) whether you keep it in an exchange, in a wallet, on a piece of paper stuck up your arse etc.

Think about a euro. Whether it's in the bank, or sitting in PayPal or in a coin in your pocket, that doesn't affect how many dollars you can get for that euro.

GreeBo

EagererBeaver wrote: »

How does this question keep coming up for all the coins?!

It doesn't matter where you hold your coins. The value of a ripple is the value of a ripple (it will obviously vary depending on what exchange you check) whether you keep it in an exchange, in a wallet, on a piece of paper stuck up your arse etc.

Think about a euro. Whether it's in the bank, or sitting in PayPal or in a coin in your pocket, that doesn't affect how many dollars you can get for that euro.

XRP is slightly different in that you lose 20 of them for each wallet/address you have.

But yeah other than that its value is its value.
I think people are confusing exchanges with banks giving them interest or something...

EagererBeaver

Yeah but the 20 XRP is essentially just a fee. The value of each unit that you have doesn't change just because you've moved it from one place to another!

GreeBo

EagererBeaver wrote: »

Yeah but the 20 XRP is essentially just a fee. The value of each unit that you have doesn't change just because you've moved it from one place to another!

Agreed, but you lose 20 for every wallet, so having xrp on 5 exchanges and a wallet is choosing you 120 xrp.
Just something to be aware of.

EagererBeaver

Yup, anyway, back to good news. It's absolutely flying again. Good old bouncbackability.

Carroller

EagererBeaver wrote: »

How does this question keep coming up for all the coins?!
.

Just wanted to be sure. Better off asking here than getting a million different answers through Google. Still new to this craic as I'm sure many others are so likely won't be the last time it's asked too. Just wasn't sure of the actual benefits of leaving it in the market. But as you said it's flying again so back to positive talk

EagererBeaver

Benefit of leaving it on the market is ability to sell it quicker. It may be less secure than a wallet. Keeping it in a wallet will be more secure but if you want to sell you've obviously got to get it onto an exchange first.

blindside88

Hey guys,

I currently have a coinbase account and have a bit of bitcoin, ethereum and litecoin. I now want to add a bit of ripple but bitrex is closed for new accounts for the time being. Any suggestions of other reputable exchanges to purchase ripple on?