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The Ripple Thread

«134567…35

Comments

  • #2
    jjjjryan
    Registered Users Posts: 3 ✭jjjjryan


    Hi,

    Just wondering what is the best way to buy ripple and store it. Reading reviews on different platforms like Bitstamp, coinbase can be very off putting.

    Has anyone successfully bought and sold Ripple and deposited back into Euros in an Irish Bank.

    Thanks
    New to this
    Post edited by Nody on


  • #3
    cjpmckenna
    Registered Users Posts: 1 ✭cjpmckenna


    jjjjryan wrote: »
    Hi,

    Just wondering what is the best way to buy ripple and store it. Reading reviews on different platforms like Bitstamp, coinbase can be very off putting.

    Has anyone successfully bought and sold Ripple and deposited back into Euros in an Irish Bank.

    Thanks
    New to this

    Well

    Did you buy any ripple, kind of wondering about the best way to buy to?


  • #4
    el diablo
    Registered Users, Registered Users 2 Posts: 5,757 ✭✭✭el diablo


    cjpmckenna wrote: »
    Well

    Did you buy any ripple, kind of wondering about the best way to buy to?

    It's available to purchase on the Kraken platform.

    We're all in this psy-op together.🤨



  • #5
    Neon_Lights
    Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Neon_Lights


    Have bought xrp on poloniex via bitcoin. Used coin base as my bitcoin wallet so can hook that to my bank if needed. So if cashing out would convert to bitcoin and then to cash.


  • #6
    ZeroThreat
    Registered Users, Registered Users 2 Posts: 2,210 ✭✭✭ZeroThreat


    Neon_Lights wrote: »
    Have bought xrp on poloniex via bitcoin. Used coin base as my bitcoin wallet so can hook that to my bank if needed. So if cashing out would convert to bitcoin and then to cash.

    is it better to use bitcoin to purchase the other altcoins, rather than normal money?


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  • #7
    Neon_Lights
    Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Neon_Lights


    ZeroThreat wrote: »
    is it better to use bitcoin to purchase the other altcoins, rather than normal money?

    Not necessarily, I just found it a lot more accessible when using bitcoin. I would argue it's cheaper to do, as most direct cash to. Altcoin providers will fleece you, e.g changelly, you also don't have to worry about setting up a wallet either on exchanges if you're only considering keeping it there anyway

    (I'm not saying coin base wouldn't fleece you either for btc)


  • #8
    PokeHerKing
    Registered Users, Registered Users 2 Posts: 4,426 ✭✭✭PokeHerKing


    I've setup a bitstamp account, just waiting for verification and then I'm going transfer a few hundred in and jump on board the crypto rollercoaster, seems like a good time to buy ripple.

    Just had a big dip and there should be some action in October either way. Plus they're still in the pennies so the upshot is massive.

    Hopefully the next bitcoin!:)


  • #9
    Neon_Lights
    Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Neon_Lights


    I find it's very space on news sometimes so I would recommend tuning into the reddit and on the twitter for info. Best of luck with the investment.


  • #10
    Cryptonovice
    Registered Users Posts: 62 ✭✭Cryptonovice


    Hey folks.
    New to cryptocurrency...was looking to invest in some ripple...kraken seems the most straightforward! If I have a hard wallet like a nano ledger or something can I then take from kraken and store on this? If say in 5 years I was happy with profits if any how does one cash it in. Sorry for the basic questions.
    Just another quick thing, is it true that every year whether u make profit or not in Ireland on cryptocurrency u have to do Capital gains tax returns to revenue..? Thanks in advance


  • #11
    Selik
    Registered Users, Registered Users 2 Posts: 1,678 ✭✭✭Selik


    Have you done any research whatsoever in Ripple? It could be very useful at some point however it is not in any way similar to Bitcoin and the upside is certainly alot more limited as there is no limit to how many units can be generated. I'm keeping an eye on it myself - if big banking embraces it it has a good chance of doing well.


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  • #12
    deathtocaptcha
    Registered Users Posts: 349 ✭✭deathtocaptcha


    If you like the idea of cyptocurrency and want to invest in it but aren't confident enough to invest in one specific crypto, I'd highly recommend BLX or indeed any index fund from Iconomi.net

    Some time next year you'll be able to deposit / withdraw in to fiat directly from the platform and they'll also have a listed fund on the Irish stock exchange shortly through a sister company called Columbus Capital.

    It's less risky than buying one specific crypto and therefore the gains may not be as big but it's a great way to bet on crypto as a whole and BLX has even outperformed Bitcoin's recent rally: https://medium.com/@owenoneill/iconomis-flagship-fund-blx-reaches-a-staggering-47-41-monthly-return-2012f14e1a76

    I recommended it with a straight face here back in August and got laughed out of it: https://www.boards.ie/vbulletin/showpost.php?p=104266963&postcount=9. Don't buy it because I recommend it, but it's worth doing your homework on index funds and all assets within any of Iconomi's offerings. I'd find it very difficult to beat the peace of mind they offer over time. Crypto is risky enough without having all of your eggs in one basket.


  • #13
    Cryptonovice
    Registered Users Posts: 62 ✭✭Cryptonovice


    Thanks alot. I was looking at stocks lately and all the top guys recommend index funds as a long term investment...will look into that..thanks again


  • #14
    Grumpypants
    Registered Users, Registered Users 2 Posts: 7,921 ✭✭✭Grumpypants


    I had some (about 1,000). Bought at 14 and sold at 19cent in the great kraken sell off, so made a little profit.

    I do think it will do good and deliver a decent return. But i don't see it ever becoming "a next bitcoin".

    Have been meaning to buy it back on Bittrex but the recent spike to 25 means i'm just waiting right now.


  • #15
    ZeroThreat
    Registered Users, Registered Users 2 Posts: 2,210 ✭✭✭ZeroThreat


    Grumpypants wrote: »
    I had some (about 1,000). Bought at 14 and sold at 19cent in the great kraken sell off, so made a little profit.

    I do think it will do good and deliver a decent return. But i don't see it ever becoming "a next bitcoin".

    Have been meaning to buy it back on Bittrex but the recent spike to 25 means i'm just waiting right now.

    have about 3,000 of these myself, bought in at about 20 cent so I'm up 25% currently. Would probably sell if they ever reach something like 50cent :)


  • #16
    banie01
    Registered Users, Registered Users 2 Posts: 16,932 ✭✭✭✭banie01


    I'm holding some of this too.
    Bought it as a longshot but the trickle of announcements from the team regarding adoption by some financial institutions has kept my interest piqued in this coin.
    It does have a huge amount of coin in circulation and this may to my mind lead to its actually being more utilised for transactional purposes.

    The main big coins are all being HODL'd and while there is a much tighter supply of ETH and BTC etc. it is hard to see how given their current rise in prices and volatility that they can be used as anything other than speculative stores of value.
    Anyone holding the main coins at the moment is not going to be inclined to use them for payments or for disrupting normal payment practices as originally envisaged.
    Whereas ripple does seem to be gaining some support for transactional use at the very least.


  • #17
    splashuum
    Registered Users Posts: 519 ✭✭✭splashuum


    I'm hearing there is an announcement being made next month which could potentially impact ripples value drastically, Is this true ?


  • #18
    garrettod
    Registered Users, Registered Users 2 Posts: 2,452 ✭✭✭garrettod


    Whether it's true or not, I don't know ....

    But what I do know is that posting comments like that are sometimes used to help push the price up...hopefully in this instance, what you've heard will prove true :)

    Thanks,

    G.



  • #19
    machiavellianme
    Registered Users, Registered Users 2 Posts: 12,655 ✭✭✭✭machiavellianme


    Up 7% since splashuums comment. I don't suppose you'd like to say something similar about OMG or ARK? ;)


  • #20
    Speculator
    Registered Users, Registered Users 2 Posts: 300 ✭✭Speculator


    Ripple CEO Brad Garlinghouse Retweets Link Indicating XRP Will Rise to $2 by 2018

    https://twitter.com/bgarlinghouse

    Just seen this on Reddit.


  • #21
    millhouse
    Registered Users Posts: 160 ✭✭millhouse


    Finally some activity. Hopefully next week's news is positive or will it just be a false dawn in anticipation of the news


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  • #22
    gazza87a
    Registered Users Posts: 26 ✭gazza87a


    Hey.. i was interested in Ripple also.. Just curious what platforms are you using to buy?


  • #23
    millhouse
    Registered Users Posts: 160 ✭✭millhouse


    Bitstamp.net


  • #24
    splashuum
    Registered Users Posts: 519 ✭✭✭splashuum


    Kraken


  • #25
    gazza87a
    Registered Users Posts: 26 ✭gazza87a


    millhouse wrote: »
    Bitstamp.net
    splashuum wrote: »
    Kraken


    I've seen bad reviews on these - any issues when you request to take your money out?


  • #26
    millhouse
    Registered Users Posts: 160 ✭✭millhouse


    None so far. Using bitstamp since September. Have had transactions in and out without issue.


  • #27
    sReq | uTeK
    Registered Users, Registered Users 2 Posts: 6,017 ✭✭✭sReq | uTeK


    gazza87a wrote: »
    Hey.. i was interested in Ripple also.. Just curious what platforms are you using to buy?

    Bitfiniex,

    Have about 500 myself, will leave it there and see what happens, don't expect much, but you never know.


  • #28
    gazza87a
    Registered Users Posts: 26 ✭gazza87a


    anyone used avatrade?


  • #29
    maximus02
    Registered Users Posts: 455 ✭✭maximus02


    Has anyone here tried to send ripple on their Ledger Nano S.

    I have been trying to send some from my Ledger to another wallet.

    I have sent 500 ripple with a very small charge but if I try to empty my Ledger of ripple, only another 60 ripple, it wants to charge me 20 ripple for the service.

    Has anyone else had this issue?

    I have written to Ledger support but I don't expect a reply from a real person for some time.

    TIA


  • #30
    el diablo
    Registered Users, Registered Users 2 Posts: 5,757 ✭✭✭el diablo


    garrettod wrote: »
    Whether it's true or not, I don't know ....

    But what I do know is that posting comments like that are sometimes used to help push the price up...hopefully in this instance, what you've heard will prove true :)

    I seriously doubt that commenting on an obscure Irish discussion forum would be enough to move markets. :p

    We're all in this psy-op together.🤨



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  • #31
    asteroids over berlin
    Closed Accounts Posts: 1,115 ✭✭✭asteroids over berlin


    maximus02 wrote: »
    Has anyone here tried to send ripple on their Ledger Nano S.

    I have been trying to send some from my Ledger to another wallet.

    I have sent 500 ripple with a very small charge but if I try to empty my Ledger of ripple, only another 60 ripple, it wants to charge me 20 ripple for the service.

    Has anyone else had this issue?

    I have written to Ledger support but I don't expect a reply from a real person for some time.

    TIA

    a while back i sent 100k ripple from my ledger, it's not charging you 20, it's something weird, you must retain 20 ripple or something, anyway, i transferred and when i go in today i have a balance of 20 ripple, i can't quite remember


  • #32
    garrettod
    Registered Users, Registered Users 2 Posts: 2,452 ✭✭✭garrettod


    el diablo wrote: »
    I seriously doubt that commenting on an obscure Irish discussion forum would be enough to move markets. :p

    Did you never head the phrase "every little helps" ? :cool:

    Also, how do we know that the same person isn't posting something similar on more than one discussion forum etc. ?

    Thanks,

    G.



  • #33
    ZeroThreat
    Registered Users, Registered Users 2 Posts: 2,210 ✭✭✭ZeroThreat


    This sums up my opinion on the performance of Ripple since I've been holding it.

    https://www.youtube.com/watch?v=EigIujKxDcE


  • #34
    Whelo79
    Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    ZeroThreat wrote: »
    This sums up my opinion on the performance of Ripple since I've been holding it.

    https://www.youtube.com/watch?v=EigIujKxDcE

    I sold mine last week and luckily went into Lumens just before this big rise. I was only holding ripple for about 5 weeks.


  • #35
    DANNY2014
    Registered Users, Registered Users 2 Posts: 1,172 ✭✭✭DANNY2014


    David Schwartz (Chief Cryptographer at Ripple) announced on Twitter "it's happening" in the last hour... So escrow should be coming into effect... Prices should rise...

    Edit so escrow has happened

    https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/


  • #36
    jonny_b
    Registered Users Posts: 647 ✭✭✭jonny_b


    Anyone having issues withdrawing xrp on kraken? its saying i must be a tier 3 member to withdraw. I had no issues withdrawing xrp last week and i am not gone over the limits either, far from it.

    Edit: Must have been a glitch in their system as I was able to withdraw a few minutes later.


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  • #37
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,253 ✭✭✭✭GreeBo


    jonny_b wrote: »
    Anyone having issues withdrawing xrp on kraken? its saying i must be a tier 3 member to withdraw. I had no issues withdrawing xrp last week and i am not gone over the limits either, far from it.

    Edit: Must have been a glitch in their system as I was able to withdraw a few minutes later.

    Withdraw?

    Chicken! :D


  • #38
    jonny_b
    Registered Users Posts: 647 ✭✭✭jonny_b


    GreeBo wrote: »
    Withdraw?

    Chicken! :D

    Withdraw to my ledger


  • #39
    DANNY2014
    Registered Users, Registered Users 2 Posts: 1,172 ✭✭✭DANNY2014


    jonny_b wrote: »
    Withdraw to my ledger

    Hodler


  • #40
    maximus02
    Registered Users Posts: 455 ✭✭maximus02


    I wrote here some days ago about attempting to transfer my ripple to another account.

    Very annoyingly it seems that ripple insists on leaving 20 XRP in any account which a user may use.

    https://ripple.com/build/reserves/

    This seems to mean that 20 XRP is always going to remain unusable and untransferable in any account. I assume this also means that if you transfer, as I did, to another account then you will have 40 XRP which will be unusable, and so on.

    I don't know if this is going to be a permanent thing but it's very annoying.


  • #41
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,253 ✭✭✭✭GreeBo


    maximus02 wrote: »
    I wrote here some days ago about attempting to transfer my ripple to another account.

    Very annoyingly it seems that ripple insists on leaving 20 XRP in any account which a user may use.

    https://ripple.com/build/reserves/

    This seems to mean that 20 XRP is always going to remain unusable and untransferable in any account. I assume this also means that if you transfer, as I did, to another account then you will have 40 XRP which will be unusable, and so on.

    I don't know if this is going to be a permanent thing but it's very annoying.

    I presume its to ensure that there is always ripple in the world (since Ripple is designed to start with allthe coins pre-mined and then destroy some as part of each transaction)?


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  • #42
    Dutchy
    Registered Users Posts: 530 ✭✭✭Dutchy


    Two partnerships to be announced next Friday @ 5 pm pacific

    According to David Schwartz they're two "huge" household names.

    https://www.reddit.com/r/Ripple/comments/7j14sv/unannounced_partnerships/

    Interesting.

    Edit: Reading that it is Amazon & Uber. Pure & utter speculation, at this point, however.


  • #43
    tony1980
    Registered Users, Registered Users 2 Posts: 1,611 ✭✭✭tony1980


    Where would ye recommend to buy Ripple and which wallet to use? I have been doing a fair bit of reading on this but still find it a minefield for info!

    Any recommendations would be great.

    Cheers

    Tony


  • #44
    Shiny
    Registered Users, Registered Users 2 Posts: 2,259 ✭✭✭Shiny


    I use bitstamp for Ripple, found it to be a pain to set up though. Bitfinex much easier to setup if you already have a source of coins (i.e. coinbase etc) but I haven't used it yet.


  • #45
    Truckermal
    Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Im thinking of sticking 100 quid in for starters.


  • #46
    garrettod
    Registered Users, Registered Users 2 Posts: 2,452 ✭✭✭garrettod


    Bitstamp are taking over 12 days to verify ID and open an account :mad:

    Thanks,

    G.



  • #47
    jonny_b
    Registered Users Posts: 647 ✭✭✭jonny_b


    Got quiet a bit of XRP but how do you guys see it growing long term?


  • #48
    grindle
    Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Slowly but surely. Think of how fast an unfettered Uber is able to displace traditional taxis if allowed.

    Ripple being Uber and Swift being traditional taxis.

    It's a long hold - maybe not the highest earner like 5-10x ICO flips, but companies like cost-cutting and XRP cuts costs.


  • #49
    DVD-Lots
    Registered Users, Registered Users 2 Posts: 686 ✭✭✭DVD-Lots


    Pushed through the .30c mark earlier and on .32c now on CMC. Nice push if it can hold or continue. HODL!


  • #50
    Truckermal
    Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    DVD-Lots wrote: »
    Pushed through the .30c mark earlier and on .32c now on CMC. Nice push if it can hold or continue. HODL!

    Any suggestions on where to buy? Kraken is a disaster.


  • #51
    dashoonage
    Registered Users, Registered Users 2 Posts: 3,134 ✭✭✭dashoonage


    31 cent on bittrex and 26 on kraken....


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