The Ripple Thread

noel100 wrote: »

If you look at the chart xrp/BTC XRP is ready for a breakout and could pass BTC before EOY.

Perhaps the most ridiculous comment I've ever read on Boards.ie.

You really need to take the bull**** you hear from the XRP shills/fanboys on Reddit and Youtube (eg The Modern Investor:rolleyes:) with a massive grain of salt. Otherwise you're going to get very badly burnt playing with these markets.

will56 wrote: »

Can't seem to get past €0.30 so probably no heading to the moon just yet

0.30 done, are we on the way to the moon now? :-)

noel100 wrote: »

If you look at the chart xrp/BTC XRP is ready for a breakout and could pass BTC before EOY.

You have to be trolling at this stage. Im all for being positive as I have a fair bit of xrp but its never going to pass bitcoin, let alone by the eoy

wonga77 wrote:

You have to be trolling at this stage. Im all for being positive as I have a fair bit of xrp but its never going to pass bitcoin, let alone by the eoy

Why would I be trolling... I honestly believe XRP will be no1 in Market cap by EOY and if not will be Q1 of 19 . It's way under priced for it's potential use case.
XRP has serious use case against BTC and ETH.
I holding a nice size of XRP. I also hold BTC but believe more in XRP.

wonga77 wrote: »

You're either trolling or full of rubbish. Claiming that ripple will be bigger than apple and Amazon together?
Its some 50 billion off BTC yet you honestly believe it will be number one inside the next 2 weeks? I can't even believe I am replying to you tbh.

Not sure if he is trolling. The XRP fanboys are without a doubt the most delusional and ridiculous in all of crypto. Go to some YouTube channels that shill XRP and you'll see that the vast majority of comments are similar to noel100's.

noel100 wrote: »

Why would I be trolling... I honestly believe XRP will be no1 in Market cap by EOY and if not will be Q1 of 19 . It's way under priced for it's potential use case.
XRP has serious use case against BTC and ETH.
I holding a nice size of XRP. I also hold BTC but believe more in XRP.

Ah would you stop. Using the same analogy which has the better use case, copper or gold? Copper is used in all electrics worldwide, gold is mainly for decoration. Copper is $7 a kg where as gold is $40k.

Honestly do yourself a favour and lay off Reddit and YouTube for a while. I'm a holder and believer of XRP. There's no way is going anywhere near $5 without BTC also moving to the same degree.

XRP was just taken over by ETH again in terms of market cap, back to number 3 spot.

Looks like a first bank is about to start using XRP for cross border settlements: https://www.coindesk.com/euro-exim-bank-taps-ripples-xrapid-for-cross-border-settlements

Truckermal wrote: »

XRP price will plummet now!

Aye, the FUD now is that its only a small bank

Some actual usage of the network and XRP

https://mobile.twitter.com/mercury_fx_ltd/status/1085915009048145920

makeorbrake wrote: »

Always good to see real world use. However, (and correct me if i'm mistaken) its xRapid that's the really interesting one - that actually involves XRP directly in the transaction?

Correct, and the tweet is not super clear TBH. It doesn't mention xRapid but does say "across RippleNet using #XRP".

wonga77 wrote: »

Still got the same faith? We've dropped below 30 cents again, seems to be going nowhere fast

Predictions in this market mean nothing, takes too long for things to develop. Last year was just buzzword hype. If it's useful it'll be used, if not it dies.

Not that I think XRP will die, but it could. It's a business more than a crypto.

Dohnjoe wrote: »

Which gives it one of the better cases for survival

Much better case for an initial boost, financial incentives for a business to work are obviously larger than some amorphous glob of open source idealism. I think proper long-term survival depends on how the network and currency works without the business-as-service leeching off of it or steering that boat once coins are circulating. If it's just faith that Ripple the business will do the right thing we might as well let Initiative Q have their day as well, there's not much difference between the two beyond one having a blockchain that doesn't respect the individuals using it and the other being an out-in-the-open database.
Probably good for trading either way, people just buy into pumps and I doubt XRP will dump below $0.20 at this stage. The depths of crypto depression and it's holding that price, it's weirdly fascinating to try to think through it, what's keeping it bouyant.

amacca wrote: »

significant bag holders unwilling to let go of their large holdings?

Probably a fair bit of that. A much lower spread of bagholders than most other cryptos proportionally. If there wasn't a court order on McCaleb the price would be relatively dire. Also the bagholders least likely to hold because there's no spergish/fantasy idealism mixed in with Ripple, the only goal is to usurp SWIFT and people who've bought it bought on price-hype rather than any kind of futurist fanboyism (->me with ETH).
XRP is an oddball.

grindle wrote: »

er way, people just buy into pumps and I doubt XRP will dump below $0.20 at this stage. The depths of crypto depression and it's holding that price, it's weirdly fascinating to try to think through it, what's keeping it bouyant.

Probably fact that it's a pretty decent usable product with strong potential

It's customers don't appear to be decentralization fundamentalists, they want a product that streamlines their processes and offers speed - many of these customers happen to be financial heavyweights with significant turnovers, so they've obviously spotted something in the product(s) they like