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Hi, can anyone explain why the value of XRP (Ripple "tokens") needs to fluctuate? Why didn't Ripple (the company) just say that their tokens are worth 10 cents each forever. Just like postage stamps have a fixed price (except when prices are increased due to increased delivery costs or inflation). No-one speculates on the value of frequent flyer tokens (sorry "points") or current (non rare) postage stamps, so why are XRP and other crypto's different? Surely they aren't rare already - there are millions of XRP's and thousands of different "coins" apparently and more can be created easily anytime - there is no limit, no rarity. Ripple can just decide to release more XRP if they want to - there's no law to stop them is there? So why are these tokens worth more than postage stamps and frequent flyer points? Or cash (fiat money)? It was a genius idea to call these things "coins" because it makes them feel like money. But they aren't money (or coins), are they? XRP is just a token (actually just numbers) which can act as a short term intermediary in some international currency transactions. It's value is irrelevant for these transactions - yes it needs a value, but it could be 1 cent or 10 cents or any fixed arbitrary amount. I'm puzzled - please help me understand. Why do you think these are worth something as an investment??

#DYOR. Please criticize the project. Please explain your reasoning so I can fix it. Cheers! SAVE on XRPL is an investment cooperative built upon sustainable growth. By investing in each other and securing real value, we will pave the path to mutual success together. SAVE holders are empowered to propose amendments and vote on changes to SAVE on XRPL. With a commitment to community first, SAVE reinvests 100% of earnings, offers a guaranteed 100% buyback, and will never drop in value. XRPL has long been the victim of relentless automated predatory trading of tokens for malice and profit. Unfortunately, the blockchain allows for this behavior. All XRPL tokens have felt the impact of such trading. It resulted in significant loss of equity across the ecosystem. All too often, projects find themselves drained of capital with no reserve to protect themselves and their investors. SAVE on XRPL believes the price of a token never has to drop. Ever. Too many investors have found themselves trapped in an investment due to a bear market or poor liquidity. SAVE has a plan to defend against predatory trading by offering a higher-than-average sale price, a slow controlled release of tokens, and a buyback policy that ensures every sale results in a 10% return to the token value. While other projects focus on giveaways, price pumps, and rewards. SAVE has chosen to focus on the storage and growth of value. PROJECT LINKS Website: http://savexrpl.com/ Email: doczol@savexrpl.com Telegram: https://t.me/+9zN9ia1KsUM2MDI5 Discord: https://discord.gg/9fQybPmncF Facebook: https://www.facebook.com/profile.php?id=100086341647638 Reddit: https://www.reddit.com/r/savexrpl/ Tumblr: https://www.tumblr.com/blog/saveonxrpl Substack: https://savexrpl.substack.com/ Twitter:

On a purely hypothetical and speculative level, when could a person who now holds 100k XRP hope to be a millionaire on that investment alone? 1 year? 10 years? 50 years? Within 10 minutes of this post? And explain why you think it will take your speculated time frame to reach that valuation... Hopefully this will be a fun, conjecture based post and subsequent replies...

Hi all! I am wondering if we can see what are the implications on using xRapid. Cuallix is the only available example for now. Did they reduce fees for money transfer, how long do the transactions take from start to end(start being when one sends money, end being the receiving part has money in their account).

Let's do some maths... Overall, there are approximately $9.8 trillion in cross-border cash transfers per day. At the end of 2015, the balance of resources of $ parked in the "nostro/vostro acounts" for these transactions reached $27 trillion. Ripple's goal is to revolutionize this old transaction system and make it more user-friendly in positioning itself as a leading player in the heart of the global financial institutions. So the ceiling value for an xrp could be calculated as follows : $27 trillions divided by $39 billion (current number of XRP in circulation), which would give $686 for 1XRP. However, with the transmission speed of the XRP, this $27 trillion may no longer be needed. Let's get us then on the $9.8 trillion... This means that XRP will need to have a market capitalization of $9.8 trillions just to satisfy the daily average of transactions of all cross-border payment systems in the world. This would give us 1 xrp at $247 on the basis of a 100% market share. Now let's imagine Ripple has only 10% of this market share, that will give $980 billion in daily exchanges. Based on the current 39 billion XRP in circulation, we obtain an XRP at $25. Of course, we don't take into account here the market related to the average Joe's XRP investments as well as the institutions such as Visa, Mastercard, Paypal, Western Union, Ebay, Amazon, Apple,... or the Stock Market ($73 trillions), the Derivative Market ($544 trillions), the Gold Market ($7.8 trillion), the Real Estate Market ($217 trillions), the Global Money Supply ($127 trillions),... a combination that would then increase the value of 1 xrp well over $1.000. The truth is that there are an infinite number of potential uses that would increase the value of XRP far beyond what it could be if it were used only by financial institutions... To check the money around the globe go here... http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/ you will be SHOCKED !!! One advice : Buy on this dip and HOLD for 5 years ;-)

I know a bit about XLM, and how it is similar to XRP, even build upon the same rails. Also know about McCaleb. But what is the general thuoght about XLM and Stellar here? On one side you would expect that as it is so similar to XRP a lot of credibility would be attributed to it. Also the market approach is fundamentaly different as Stellar is a non-profit organisation. Please let me know your thoughts on this.

Part of the new Community Beginners Guide series. Other guides in this series: Beginners Guide: Intro. Quick overview of the series and purpose of the guides Beginners Guide: XRP First Steps Simple first steps to acquiring XRP including 1) opening a wallet, 2) wallet funding/ buying XRP, and 3) sending the first XRP. Beginners Guide: Desktop Wallet Step by step instructions in downloading and installing XRP CHAT WALLET, the creation and activation of new wallet and the first few steps to becoming a ripple user. Disclaimer: This post is goes over what a wallet is, what the common different types of wallets are and their differences, and how wallets can be used at a basic level. It doesn't discuss Ripple-specific details of wallets, like re-keying an account. Also, it doesn't explain explicitly how to make a wallet. See other community guides for that information. Difficulty level: LOW One thing that many people who are new to Ripple, or cryptocurrency in general, do not understand is what a wallet actually is. I think this is one of the places that cryptos need to up their game in order to continue to gain adoption because the way things are named in cryptocurrency can easily create confusion about what is actually happening. First you need to undertand what a wallet is not. A wallet is not like a physical wallet. There is not a file that contains a copy of all of your coins. A wallet it not like a bank vault. There's not server or hard drive that has your wallet stored on it as a folder with coins inside it like a bank vault. So, what is a wallet? A good real-world analogy is that a "wallet" in cryptocurrency is analogous to your seal or stamp plus your name. Think of cryptocurrencies like a community ledger board where no history is ever erased and anyone can come up to the board and tell everyone else that they have transferred some number of coins to someone else on the board. They way they do this it using their seal of authenticity. Everyone else can verify that that person is the one who wrote the message on the community ledger because their seal is on the message. And they know who the money came from and where it went to based on the name of the person sending and receiving it. If you wanted to know how much any person held then you would go through the entire ledger since the beginning of history and count up how much they have received and how much they have sent. This is how a wallet works in cryptocurrency. Except, in cryptocurrency, your seal (actually, the device you use to imprint your seal) is replaced by your "private" or "secret" key. It's like a seal in real life. If you lose exclusive access to the use of your seal, anyone who comes into possession of it can send a message in your name without others being able to know. In cryptocurrency, this means that anyone who has your private key can make a transaction using your coins without anyone else being able to know it's not you. So, with this information, let's get a bit more technical. A "wallet" is literally just a secret key, which is just a number. It is displayed in a format that uses letters and numbers instead of just the numerals we normally use, because if it didn't then it would be very long to display. This is like your seal in our earlier analogy. From the secret key, you can derive the public address mathematically. The public address is like your name in the earlier analogy. It is also just a number, same as the secret key. This public address is where you or other people will send coins so that they go in your "wallet" (more accurately, so that others know your public address should now own them). However, from the public address, you cannot easily figure out the secret key (technically you could, but the amount of computational time it would take is astronomical, like, at the current power and using current algorithms, more than the time that the universe has existed until now). You can think of this like how on a seal you generally have an easily recognizable symbol or word that links the symbol to a person. However, even if you know that symbol and have seen the seal, it is not easy to duplicate the device used to create the seal, which is your secret key. Of course, in cryptocurrency, this is much more secure than a seal in real life because it's much harder to actually go backwards from a public address to a secret key than it is to duplicate a seal. So, if you know a secret key then you can do whatever you want with the funds that are sent to the public address that is linked to that secret key. Why is this? Well, when you make a transaction, what you are doing at a very basic level is making a message that says "I am the owner of <your public address>. I am giving <number of xrp> to <address you're sending to>." Then, you use your private (secret) key to "digitally sign" the message. This is like applying your seal in the earlier analogy. Since your public address and secret key are linked, signing the message allows other people to verify that the person who has the private key linked to the address that the funds are coming from is really the one who made that message. The next time a new block is added to the blockchain, your message is looked at by the network, and if it determines that the signature is correct and that you have enough funds to make the transaction, your message will be added to the block and then added to the blockchain. From that point onwards, anyone who wants to can go and see/verify that the owner of that public address sent those coins to the other public address, and so that is how a wallet "holds value." There's not actually a piece of hard drive space or something that stores a unique "coin" file under your address, there is only the record of a number of coins being transferred from one account to the next in a trusted manner. In order to actually use the secret key (wallet) to interact with the network, you use a piece of wallet software, not to be confused with the wallet itself. This wallet software (among other things) automatically performs this "digital signing" operation. This is not the same thing as a wallet. Wallet software does not actually store any value. It only allows you to use the value stored in the actual wallet (the secret key) and do things with it on the ripple network. You can import any valid secret key into any valid piece of wallet software and use it to make transactions from that wallet. Now, you may have heard of something called a "paper wallet" or "cold wallet" or "hot wallet". What are these? A paper wallet originally meant literally a wallet that you print onto a piece of paper. Since a wallet is just a secret key, the most basic form of a paper wallet is literally writing down by hand your secret key on a piece of paper. Now, to make things easier on the user, most paper wallets will include the secret key, the public address, and a QR code matching each. The QR code is just another way to encode or display the number that is easy for a computer to interpret if you take a picture of it. Paper wallets are one type of "cold wallet," a cold wallet being any secret key that has never touched (been stored on) a computer that was connected to the internet at the time it was stored on that computer. A "hot wallet" is a wallet whose secret key has been stored on a computer that was connected to the internet. If you make a "cold" paper wallet, as long as you don't lose the paper wallet, don't physically show anyone else the private key, and don't type it into an internet-connected computer, you'll be the only one with access to it. As soon as you type it into an internet-connected computer, that wallet is now "hot" and has, theoretically, a chance to be stolen if your computer or any other piece of the path it travels is infected with some kind of malware. With this knowledge, the best practice is to have a "hot wallet" for XRP that you think you might want to spend in the short term, some small amount. Then you make a cold paper wallet and store any significant amount of XRP you buy in it. When you decide you want to sell it or use it months or years down the line, you enter the private key from the paper wallet or another way of storing it into any piece of ripple wallet software on a computer and internet connection you trust and send all the ripple to wherever you want it to go. Since this wallet is now "hot," you would ideally then make a new paper wallet and send any ripple you want to keep storing in it. Alternatively to entering the secret key into an internet connected computer and making the wallet hot, you can use what are called "offline transactions" to keep the wallet cold and still send ripple from it, which I could explain in more detail if you'd like. Now, there are some other alternatives to paper wallets for cold wallet options. I would argue that a superior option to a paper wallet is a deterministic wallet that uses a good passphrase. A deterministic wallet basically means that you make a passphrase that you remember (or write down and store somewhere safe, much like a paper wallet) which can then be used to derive a single secret key and from that secret key a public address linked to it. Every time you enter the same passphrase into the piece of software you used, it will give you the same secret key and public address. Therefore, you don't have to store the private key anywhere since you will always have access to it as long as you know the password. The advantage of this is that you can make a very good but easy to remember password and use it to generate your wallet address and not actually have to store anything physical anywhere. A private key would be almost impossible for anyone to memorize reliably, but a good mnemonic password (described below) can offer superior security and is able to be easily memorized. To then use (spend) the funds in your wallet at some later date, you would go back to the same tool you used to generate the wallet, input your passphrase, and it would give you the same secret key which you could then use exactly like a paper wallet secret key by entering it into some wallet software and either making it hot or using offline transactions. If you use a good deterministic wallet generator and a good password, this is one of the most secure options available. Alternatively, if you use a bad password, you could be royally screwed. If you want to go the paper wallet route, you'd be using this tool: https://github.com/ihomp/ripply-paper-wallet If you want to go the deterministic route, you'd be using this tool: https://termhn.github.io/ripplewarpwallet

Hi! Discussing ripple, I gave the example of the 50 million dollars recently transferred to Japan. Cost only 5 seconds and 30 dollarcent. So for me, that proves that ripple can indeed speed up bank transfers compared to swift and conventional settlement procedures and technologies. Then, one of my colleagues stated that banks have no incentive to shift to ripple as an intermediate coin. Because for banks, the 5 days a swift transfer takes is actually when they make the profit (keeping that money in the books)... So quick, sub 5 seconds payments wouldn't be something that's worthwhile for a bank. Still, this application of ripple / xrp is the most mentioned by subject matter experts. Are they wrong? Where do you stand on this? Thanks and best regards!

Hi all, I am trying to get my head around how XRP is used in Ripple's corporate solutions, both from a qualitative and quantitative perspective. My intention is to do some maths in order to get a feel for the current market cap based on Ripple itself and the financial market (not looking at Bitcoin or ALTs) but I can't seem to find any quantifiable data? Can someone please help since I can't get my head around the current value of XRP. Please don't think this is a lousy attempt at FUD since I have had XRP myself for quite a while... this is genuinely because I am trying to understand the numbers. many thanks in advance

Here is some most important points : why we invest in ripple?

Everyone stop selling xrp this will lower the value of it. If everyone sold at a dollar then the price of XRP will become a dollar. This is how the XRP market works. when you sell lower than the xrp market value then the price will keep going lower and lower. To increase value hold XRP and people will pay more for them. Sell high not low!!!!!

I have a question. 1) Do you think the price will go up after the escrow? (ex $ 0.5 ~ $ 1) Or would it be similar to now? (ex: $ 0.2 to $ 0.3) I'm curious... 2) And what do you think about xrp traded in Japan tomorrow? Will major changes in the price? I am curious about your thoughts and answers.

I have a question. Do you think the price will go up after the escrow? (ex $ 0.5 ~ $ 1) Or would it be similar to now? (ex: $ 0.2 to $ 0.3) I'm curious...

I am curious to ask a question. We know that the more we use our Ripple, the smaller it gets. Someday it will be zero. If it's because of simple convenience, it will disappear someday, but I do not know why Ripple was created. I wonder why you are investing in Ripple. Is it because of the expectation that prices will rise due to scarcity? Or did you think the price of the Ripple itself would have to go up in order to move a large sum of money? For example If you need to move $ 1000 to the current Ripple price, you need 5000xrp. However, if the Ripple price is $ 100, you only need 10xrp to move the $ 1000 amount. When do you think Ripple will rise in value? Increased value due to extinction scarcity? if not, Rising value when you can spend big amount with a small number of xrp? In what situations do you think the value of XRP will rise?

Like yesterday timing a little earlier. Falling much. XRP, BTC too ETH too and LTC too. Who is the Big Fish conducting this?

Hi I'm very green at crypto I have heard of bankcoin and stored value where the value is not volatile stable have you heard of bankcoin

Question re: future of XRP and it's value as an investment vehicle. When I look at what Limited understanding I have about XRP and Ripple, I am puzzled by the notion that holding large volume of XRP would ever be as valuable as say, the equivalent value of BTC. These are my assumptions: Assume banks are becoming ripple customers in order to use Ripple for Bank-to-Bank transfers;(this is the stated business model and seems to be confirmed by the number of conventional banks involved with the currency.) With that stated purpose, a bank would be able to move large amounts of USD easily with fewer XRP say if XRP were ever to reach BTC values. (So at $5k per XRP the bank only has to transfer 200 XRP to move $1 Million USD, and that seems to be efficient and easier.) But once moved, if the bank's customer wants to withdraw $1M USD, then the bank has to convert the XRP to have the cash on hand, which means Ripple allows immediate Bank-to-Bank transfers but creates great risk for bank balance sheets. Assume for a moment that this issue cannot be solved - and that the sole reason for using Ripple is to make Bank-to-Bank transfers faster and more secure, but "efficiency and ease" aren't the goal. In that circumstance it is more practical for banks to keep the value of XRP as close to the USD as possible, if not under $1 USD to factor in the bank's fees for the transfer. So to keep the numbers round, transferring $1 USD = 0.99 XRP. Then, balance sheets are a lot cleaner with less risk of the bank being shorthanded because XRPis = or <USD. Now Assume that Ripple Labs' holding 60% of the coins is being done in order to be able to control the value of XRP (i.e. flood the market when price gets too high.) And the 60% they're holding is described to customer banks as their insurance policy to guard against inflation of the XRP value. Assume that XRP as a consumer payment method (for example accepted currency by Alibaba and transacted with AliPay) would also argue for the value to be held to a very (relative to BTC) low value because consumer transactions require a value easily obtainable. Now my question: if the above assumptions are true, and it makes sense for XRP to stay closer to the value of USD, is there reason to believe the value of XRP will ever exceed $1 USD? Just wondering where my understanding lapses ... so I can understand the XRP investment logic. I'm holding a reasonable number of coins and deciding whether to continue to increase investments. Contributions appreciated.

Being part of this forum for a few months now, I feel like I have been watching a game of ping pong with this back and forth on the value of XRP. The discussions back and forth on market cap, the lock up, touching down in China, the use of XRP in Japan, again the market cap, the naysayers comparing it to BTC. on and on and on..........so..... the question is: Do we believe the coin will rise in value.........or nah? . not if it will hit BTC value, or ETH value, or BCC value; but will it go up at ALL? I believe if it does, no one should have cause to complain except those that dumped their coins, or got in a little late, I'm a firm believer that some profit is better than no profit.

Hi All, @Hodlor @R8102V1D2D I would like to enter in the market but I did not have time to buy at the last correction (market cap to 60 last Sunday). i would like to now (also if no one can predict) 1) if this correction was for August 1st 2) if on august 1st there will be another correction from almost 90 now back to 60 less or the market now will come back to 117 and more with out any more correction. 3) it could be nice for me if the market want back to 40 so I can enter in a good position. What is your Opinion. should i but now or wait? what will happen on august? Thank you

I was going to ask what is possible, but I know somebody would say that "anything is possible". So, let's talk probability. What is the max value (in USD) XRP is likely to ever go? Somebody smart please do some real maths and spit out a logical response. I was talking to a friend of mine, and told him (lied to him) that XRP could pull a BTC and shoot up to $1000. I'm curious as to what the actual real-world limitations would be on value. $10, $100, could it ever even see $1? I know there is a lot of money floating around the world, but what would be the market cap on, say, a $20/XRP? Also, just for s&g's, how high do you actually see XRP value going. No smart maths required! I'd love to see anything over $1. In my part of the USofA, I could build a decent house and pay off all my bills with the XRP I'm holding @ $1. $10 and I'm in mansion territory! hahaha

At first sight it always seems that the price of Bitcoin is wáy higher than the price of Ripple. Of course; Ripples' circulating supply is way higher. I was trying some calculations at random when visiting coinmarketcap.com and I thought this would be maybe worth sharing or discussing. If I'm doing something totally wrong or something please let me know. $2553.91 vs $0.289172 Basically it shows the same percentual difference in market cap by showing the price of 1 unit if that unit would have the same marketcap as the other coin. Marketcap Ripple (XRP) / Circulating Bitcoin (BTC) = $676 Marketcap Bitcoin (BTC) / Circulating Ripple (XRP) = $1.10 It's nothing special but I just think it's interesting because it shows the value in a whole different perspective; because I think sometimes it's very delusional the 1/4 of a dollar ripple vs 2500+ dollar bitcoin.

Despite the last sell off math proves it without doubts. While everyone is talking about Goldman Sachs' ~75% pre-mined scam (thanks to their inside advertising)... XRP is the best crypto in the LAST 12 MONTHS: On the 30 MAY 2016 its value was 0,005734 USD. Now its value is: 0,22 USD. It's a 3737% gain. XRP is the best crypto YEAR TO DATE too: On the 1 JANUARY 2017 its value was 0,006523 USD. Now its value is: 0,22 USD. It's a 3273% gain. Compared to ETH (Ethereum-overvalued-overrated-overtalked-scam): LAST 12 MONTHS: 12,56 vs 200 USD -> 1492% gain. YEAR TO DATE: 7,98 vs 200 USD -> 2406% gain. LAST MONTH MAX REACHED VALUE COMPARISON: XRP -> 0,42 USD -> LAST 12 MONTHS: 7225% theorical maxxed gain obtained --> YTD: 6339% theorical maxxed gain obtained ETHEREUM -> 225,06 USD -> LAST 12 MONTHS: 1692% theorical maxxed gain obtained --> YTD: 2720% theorical maxxed gain obtained All datas are taken from: http://coinmarketcap.com/currencies/ So don't worry about latest days. Ripple is still dominating and will even more in the future, seeing premises and seeing great governance behind it, much better than Goldman Sachs hidden hand that made the 'crisis' through its speculation manouvers around the world. ETH is just another banksters speculation and won't last. XRP will. JUST MY TWO CENTS OF COURSE.

I post this earlier in another thread but would like to see whether this proposal gets enough proponents to effectively make a modification on the https://xrpcharts.ripple.com/#/ We all know that the ‘total xrp’ is the the total supply minus the xrp’s burnt, the reason why we are speaking of a deflationary currency. Another element which is not spoken of is the reserve needed for activating an account. I made a quick calculation here. As you can see this amount is much higher than the burnt xrp. The reserve needed is also taken out of circulation. This way the actual deflation rate becomes higher. Could this have an added value when integrating into the charts?

Is there any negotiating room in the big, big room of finance to accomodate both seemingly opposite groups into a "frenemy" or coopetition model that works for both as each tries to change the way international banking is done?

BETTER SYSTEM will result in BETTER VALUATION After a month of reading post after post and each EXPERIENCED CRYPTO TRADER speculating about WHEN XRP will take off, it is clear to me that their are 2 types of crypto investors. OLD MONEY vs NEW MONEY. What I mean by that is OLD MONEY is repesented by existing crypto traders, LIKE US, who have set up accounts and know their way around every niche that allows each of us to buy, sell or convert 1 currency into another. AND THEN, there are the NEWBIES with NEW MONEY who have to figure this CLUSTER FUCK out. First, they have to figure out what a WALLET is....which one to choose.....and how to set up an ACH gateway in order to withdraw funds from their Bank to fund their WALLET at Conibase etc etc. Then, they have to figure out how to transfer money from Coinbase to POLO (example) in order to buy XRP. However, this can not happen for a minimum of 4 to 5 days before the funds from the bank get deposited into their COINBASE ACCOUNT. Once their fiat funds have been deposited into their COINBASE wallet, they have to exchange their funds for BTC or ETH. Once they figure out how to do this, they now need to send their NEW CRYTO of choice to an exchange like POLO (example) because they can’t get XRP at Coinbase. So, they have to create another account/wallet in some online EXCHANGE. Once they figure out how to get around POLO (example), they have to figure out how to get on the right page and exchange BTC/ETH for XRP. Then, they have to figure out how to transfer the NEW XRP to ANOTHER wallet...... at GATEHUB(example) which they are told is SAFER than keeping their XRP on an exchange like POLO. What a complete joke.....and a horrible setup to try to attract the average person WHO READS ABOUT XRP......WANTS TO BUY XRP.....but has no clue what a MIND BOGGLING new experience they are about to experience just to get their order for XRP placed. So, after that RANT. Maybe the only way for XRP to increase in liquidity and value is for RIPPLE to simplify the ability for the NEW MONEY and NEW INVESTORS to get into this market and easily move money from their bank SEAMLESSLY in real time to the WALLET OF THEIR CHOICE(Gatehub example) where they easily can purchase XRP! If and when that happens, XRP might stand a chance of competing against the other crypto currencies. XRP isn't going to go up in value because of EXISTING CRYPTO TRADERS that know the system. It will only SIGNIFICANTLY increase in value when MILLIONS OF "JOE SMOES" can read about or hear about XRP and get online and have quick and easy access to purchase XRP. RANT OVER!