The Ripple Thread

EagererBeaver

Binance.

el diablo

EagererBeaver wrote: »

Binance.

Just don't leave any of your holdings on any exchange. Especially a Chinese one such as Binance.

millhouse

Guys, this is probably very much how long is a piece of string type question but what do you see as being a realistic achievable figure for ripple in 2018 and then long term, say 5 yrs time. We've seen the $1 barrier been broken already and some experts are projecting $2 - $4 . Is this realistic? Is this ripples limit based on the available coins or could we ever see $10 $50 or God forbid $100...

JaCrispy

millhouse wrote: »

Guys, this is probably very much how long is a piece of string type question but what do you see as being a realistic achievable figure for ripple in 2018 and then long term, say 5 yrs time. We've seen the $1 barrier been broken already and some experts are projecting $2 - $4 . Is this realistic? Is this ripples limit based on the available coins or could we ever see $10 $50 or God forbid $100...

To put it in context, ripple has nearly 40billion coins. Currently approx 1euro in value so market cap of 40billion.
2euro = 80billion market cap
5euro = 200billion market cap (coming up towards bitcoin)
10euro = 400billion (approx current value of all crypto market)
100euro = 4 trillion

At best I'd see Ripple getting between 2-3euro in 2018. In the long term, who knows?

rekcaks

el diablo wrote: »

Just don't leave any of your holdings on any exchange. Especially a Chinese one such as Binance.

So what do I do with them?

Can anyone recommend a good offline wallet? If thats the best thing to do?

Tinder Surprise

Ripple CEO gave an interview today on CNBC


https://youtu.be/YmlAwQPwgYQ

It all seems too good to be true...what am I missing here- where is the elephant?

dashoonage

i really should start taking some profit out of this. it will be under .90 again by morning :P

Tinder Surprise

dashoonage wrote: »

i really should start taking some profit out of this. it will be under .90 again by morning :P

Just hit all time high.

It did nicely consolidate around the $1 mark last week which was nice.
Can see it getting up to $3 in next few weeks tbh

rekcaks

I still have mine with Binance. Who is using what offline wallet to store?

grindle

rekcaks wrote: »

I still have mine with Binance. Who is using what offline wallet to store?

http://ripplepaperwallet.com/

SteelyDanJalapeno

Tinder Surprise wrote: »

Just hit all time high.

It did nicely consolidate around the $1 mark last week which was nice.
Can see it getting up to $3 in next few weeks tbh

Why

rekcaks

grindle wrote: »

http://ripplepaperwallet.com/

Have you used it? What's their fee?

Also is there a maximum amount of time I'm allowed to keep it on Binance?

Ledger Nano S looks good. Expensive at €82 though.

WhiteMemento9

rekcaks wrote: »

Have you used it? What's their fee?

Also is there a maximum amount of time I'm allowed to keep it on Binance?

Ledger Nano S looks good. Expensive at €82 though.

You can hold it on an exchange for as long as you like it just isn't regarded as the best thing to do as the safety of your money is at the mercy of that exchange.

el diablo

rekcaks wrote: »

So what do I do with them?

Can anyone recommend a good offline wallet? If thats the best thing to do?

Yeah, best to hold in a hardware or offline wallet especially if you hold a dent amount. These Chinese exchanges can shut down at very short notice due to government regulations etc. Not sure which is the best option to hold Ripple right now though.

Blacktie.

rekcaks wrote:

Ledger Nano S looks good. Expensive at €82 though.

Small price to pay for security and peace of mind.

EagererBeaver

Sees there's been some activity in the Ripple thread overnight

Realises it's yet more talk about storage and wallets

dashoonage

EagererBeaver wrote: »

Sees there's been some activity in the Ripple thread overnight

Realises it's yet more talk about storage and wallets

I ordered a lambo...but cancelled again when it dipped.

GreeBo

dashoonage wrote: »

I ordered a lambo...but cancelled again when it dipped.

As a more experienced trader I ordered a sambo.
It was delicious.

JaCrispy

GreeBo wrote: »

As a more experienced trader I ordered a sambo.
It was delicious.

I wish my local shop accepted XRP

Tinder Surprise

TiltedBrain wrote: »

Why

Sorry should have said just pure speculation on my behalf, but again I revert back to my original question of where is the elephant in the room that I'm failing to see?

I've firmly got my anti hype jacket on when I read up about Ripple, but even if half the rumours are true and the other half of the confirmed contracts etc. turn out to be dead ducks then I fail to see how their price stays the same over the next quarter.

They've some heavy hitters getting on board and a few massive shoulders already behind the Ripple wheel.

https://www.reddit.com/r/Ripple/comments/7jridt/if_you_cant_see_the_writing_on_the_wall_here/?utm_source=reddit-android


I can only see them eating into the market share of say SWIFT in the very near future.

Again; what am I missing here?

Nermal

Tinder Surprise wrote: »

Again; what am I missing here?

https://www.forbes.com/sites/ksamani/2017/12/20/the-bear-case-for-xrp-bitcoin-futures-edition/

EagererBeaver

Tinder Surprise wrote: »

Sorry should have said just pure speculation on my behalf, but again I revert back to my original question of where is the elephant in the room that I'm failing to see?

I've firmly got my anti hype jacket on when I read up about Ripple, but even if half the rumours are true and the other half of the confirmed contracts etc. turn out to be dead ducks then I fail to see how their price stays the same over the next quarter.

They've some heavy hitters getting on board and a few massive shoulders already behind the Ripple wheel.

https://www.reddit.com/r/Ripple/comments/7jridt/if_you_cant_see_the_writing_on_the_wall_here/?utm_source=reddit-android


I can only see them eating into the market share of say SWIFT in the very near future.

Again; what am I missing here?

No offense, but you were professing to be a #cryptovirgin a week ago. You have to be careful with speculation/pronouncements about price rises or the future success of a tech. You also have to be aware of and be capable of separating your own self interest in wishing to see a price rise from objective analysis.

Tinder Surprise

EagererBeaver wrote: »

No offense, but you were professing to be a #cryptovirgin a week ago. You have to be careful with speculation/pronouncements about price rises or the future success of a tech. You also have to be aware of and be capable of separating your own self interest in wishing to see a price rise from objective analysis.

Fair point(s)

Noted

asteroids over berlin

Ripple continues to surprise me, i sold a lot off when it hit .30c, doh. Is it clear that these institutions will actually use xrp too (not just the ripple network)?

Tinder Surprise

asteroids over berlin wrote: »

Ripple continues to surprise me, i sold a lot off when it hit .30c, doh. Is it clear that these institutions will actually use xrp too (not just the ripple network)?

The Forbes article above pours a lot of cold water on the xrp tokens/network.

cnocbui

asteroids over berlin wrote: »

Ripple continues to surprise me, i sold a lot off when it hit .30c, doh. Is it clear that these institutions will actually use xrp too (not just the ripple network)?

Every recent article mentioning Ripple being used by X and Y at scale, also mentions that the only thing actually being used is the blockchain technology and that actual Ripple tokens are not involved. Why the Ripple price is climbing when it seems clear there is no linkage is unclear to me, unless it's just a lot of people making assumptions and failing to read.

rekcaks

South Korea are seeminly clamping down on crypto.

https://www.google.ie/amp/mobile.reuters.com/article/amp/idUSKBN1EM05K

Tinder Surprise

rekcaks wrote: »

South Korea are seeminly clamping down on crypto.

https://www.google.ie/amp/mobile.reuters.com/article/amp/idUSKBN1EM05K

aint this aimed at bogey ICO's and coins which is a good thing.

cracking down on the criminal element and money laundering.
I'm sure any company that has a good business model and operation has nothing to worry about.

pro_gnostic_8

cnocbui wrote: »

Every recent article mentioning Ripple being used by X and Y at scale, also mentions that the only thing actually being used is the blockchain technology and that actual Ripple tokens are not involved. Why the Ripple price is climbing when it seems clear there is no linkage is unclear to me, unless it's just a lot of people making assumptions and failing to read.

This, exactly !
And also the fact that it seems Ripple coins can be conjured up out of fresh air whenever the Ripple management feels like it.

Dohnjoe

cnocbui wrote: »

Every recent article mentioning Ripple being used by X and Y at scale, also mentions that the only thing actually being used is the blockchain technology and that actual Ripple tokens are not involved. Why the Ripple price is climbing when it seems clear there is no linkage is unclear to me, unless it's just a lot of people making assumptions and failing to read.

Ripple was actually used by a South American bank I believe in a cross border money transfer, was about 2 months ago

They also keep onboarding new partners and institutions ("good news" generators). In the top 5 coins (very visible). "Cheap" compared to other coins in the top 10, plus the coin initially remained fairly stagnant whilst everything else was flying up, now it's gained it's own momentum

It has industry use and certain people like that. Some Many coins have all sorts of bells and whistles, but many haven't really gone beyond hypothetical use