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The Ripple Thread

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Comments

  • Registered Users, Registered Users 2 Posts: 359 ✭✭justback83


    Bob24 wrote: »
    justback83 wrote: »
    Has anyone on the thread had their wallet hacked and ripple stolen? Just me? 😒

    What kind of wallet?

    Gatehub. Read something about hacking in june and just logged in to check. They left me with almost nothing. Gatehub are also refusing to reimburse....


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    justback83 wrote: »
    Gatehub. Read something about hacking in june and just logged in to check. They left me with almost nothing. Gatehub are also refusing to reimburse....

    OK ... yeah not looking good: https://cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack

    I don't really get how Gatehub works: do I get it right from their website that they are creating a XRP wallet for each user and storing the keys for that wallet on behalf of the user? If yes this is a bit of a flawed architecture IMO.


  • Registered Users, Registered Users 2 Posts: 4,007 ✭✭✭One More Toy


    justback83 wrote: »
    Gatehub. Read something about hacking in june and just logged in to check. They left me with almost nothing. Gatehub are also refusing to reimburse....

    How much did they grab?


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    This is one of the main reasons I've been skeptical of the Ripple project since day one.

    You can't have a project that has a shed load of tokens in reserve. The temptation to do what they're doing (dumping them to the cost of ordinary token holders) is always going to be too great. If they wanted to respond correctly, they would 'burn' the lot today. My guess is that in no way will they do that.


  • Registered Users, Registered Users 2 Posts: 4,606 ✭✭✭wonga77


    I wonder whatever happened to the lad that claimed ripple would be bigger than apple and Amazon together.
    Was going to surpass bitcoin by the end of last March if I remember rightly...


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  • Registered Users, Registered Users 2 Posts: 6,046 ✭✭✭Truckermal


    wonga77 wrote: »
    I wonder whatever happened to the lad that claimed ripple would be bigger than apple and Amazon together.
    Was going to surpass bitcoin by the end of last March if I remember rightly...

    Poor old Noel...:P


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    I see XRP is up 12% since this morning and still seems to be rising. Is there any positive news about it I have missed, or it is just random?


  • Registered Users, Registered Users 2 Posts: 6,046 ✭✭✭Truckermal


    Bob24 wrote: »
    I see XRP is up 12% since this morning and still seems to be rising. Is there any positive news about it I have missed, or it is just random?

    It normally crashes after positive news!


  • Registered Users, Registered Users 2 Posts: 3,499 ✭✭✭IamMetaldave


    This post made me open my portfolio for the first time in ages.. up a few bob with everything in green. No doubt it’ll be all gone tomorrow!


  • Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭will56


    This post made me open my portfolio for the first time in ages.. up a few bob with everything in green. No doubt it’ll be all gone tomorrow!

    More than likely, I'd like to get excited but this is more likely to be price manipulation / pump&dump than anything else


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  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    Don’t know if that’s the reason, but there is actually a rumours of close integration between Ripple and Coinbase: https://bitcoinist.com/ripple-coinbase-linkup-rumour-fueling-xrp-fomo-in-20-surge/


  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    I know we are operating in very uncertain times and there is a lot of terrible stuff going on in the world at the moment but with uncertainty is there opportunity?
    By opportunity, I am seeing ripple at $0.13 this morning, could it go as low as $.10 in the coming week?
    Anyone any thoughts on whether buying is a good/bad idea,

    Once all of this clears up over the next 3-6 months and things begin to stabilise that bit more you'd have to think $0.20 - $0.30 will be a given. After that and over the coming couple of years could we see the $3 mark again. How would that feel given you got in at $0.10?


  • Registered Users, Registered Users 2 Posts: 1,746 ✭✭✭SachaJ


    millhouse wrote: »
    I know we are operating in very uncertain times and there is a lot of terrible stuff going on in the world at the moment but with uncertainty is there opportunity?
    By opportunity, I am seeing ripple at $0.13 this morning, could it go as low as $.10 in the coming week?
    Anyone any thoughts on whether buying is a good/bad idea,

    Once all of this clears up over the next 3-6 months and things begin to stabilise that bit more you'd have to think $0.20 - $0.30 will be a given. After that and over the coming couple of years could we see the $3 mark again. How would that feel given you got in at $0.10?

    Have to admit the thought crossed my mind. Some of mate are waiting for $0.05....


  • Registered Users, Registered Users 2 Posts: 4,606 ✭✭✭wonga77


    This is how stocks work, there are people out there that will make entire fortunes based on recent events. It may not be nice but its how it works im afraid.
    I wonder how low will bitcoin go?


  • Registered Users, Registered Users 2 Posts: 79 ✭✭borderfox11


    I'm waiting for 0


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    I've been buying XRP consistently, especially during this dip. Once they go after the nostro accounts in all the major central banks they are going to need on demand liquidity to keep transactions moving

    €3 is nothing compared to what I think this one could eventually go to


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    I'm waiting for 0

    :D:D:D:D:D


  • Registered Users, Registered Users 2 Posts: 1,746 ✭✭✭SachaJ


    Lex Luthor wrote: »
    I've been buying XRP consistently, especially during this dip. Once they go after the nostro accounts in all the major central banks they are going to need on demand liquidity to keep transactions moving

    €3 is nothing compared to what I think this one could eventually go to

    Been watching too much YouTube?


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    SachaJ wrote: »
    Been watching too much YouTube?

    you must subscribe to my channel then...:p


  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    No one has the crystal ball but do people see a further drop happening over the coming days, is there any indicators to support opinions either way? A $0.01 drop is a 7% drop so significant enough that it may be worth holding out for.


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  • Registered Users, Registered Users 2 Posts: 27,509 ✭✭✭✭GreeBo


    Lex Luthor wrote: »

    €3 is nothing compared to what I think this one could eventually go to

    Ah I remember those heady days well...
    "shure why would I sell now, its on the way up!"

    :o


  • Registered Users, Registered Users 2 Posts: 4,606 ✭✭✭wonga77


    What about the fella that was in here claiming that Ripple would pass out bitcoin by the end of 2019...


  • Registered Users, Registered Users 2 Posts: 5,784 ✭✭✭el diablo


    The 589 brigade have been very quiet recently....

    Orange pilled.



  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    millhouse wrote: »
    No one has the crystal ball but do people see a further drop happening over the coming days, is there any indicators to support opinions either way? A $0.01 drop is a 7% drop so significant enough that it may be worth holding out for.

    Hard to say, in reality it really seems to depend on what bitcoin is doing at the moment, they are all following it

    Bitcoin held its ground yesterday when the DOW dropped again, I think this was the first time since we started tanking that it did that

    I'm still bullish on both long term and accumulating small amounts at the moment, if it drops further I'll still add even though my overall portfolio value is dropping.


  • Registered Users, Registered Users 2 Posts: 6,046 ✭✭✭Truckermal


    el diablo wrote: »
    The 589 brigade have been very quiet recently....

    It's happening tonight....:p


  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    7% increase overnight.
    There is a pending court case due to be sorted later this month that could potentially shut the company down for acting outside it's legal remit, if they were to lose.


  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    + 18.7% in 24 hours.


  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    So Ripple has gone from €0.129c to €0.162c in the past 2 weeks, a 25% jump. With Bitcoin due to halve sometime in May we will likely see a further increase as they all tend to follow Bitcoins movements,
    Any thoughts?


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    their new beta app XUMM looks interesting


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  • Registered Users, Registered Users 2 Posts: 160 ✭✭millhouse


    Seems to be lots coming our of their labs. It's the up take from the long established financial institutions they need. Once that happens this could be anything. €10 is a possibility down the line.


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