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BDXRP

Why XRP doesn’t increase in value

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All these conversations are pointless man. Do you think XRP is not going to go up anymore? Is this the highest it will ever be, as of TODAY, not what is has done or not done over the past year? I don't believe that, so I stay invested. It's quite simple.

Edited by Konan45

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2 hours ago, MrEman said:

It matters NOT "what the company is trying to achieve" nor do I care. If XRP doesn't increase in value, it will fall flat -- like the amateur sarcasm from some of the respondents in this thread.

Thanks for making my point - you don't care what the company is trying to achieve. You just want to turn a quick profit... The increased prevalence of this type of thinking on these forums of late is a cause of genuine concern to me. Crypto trolls who think because theyve invested 500 bucks the company somehow owes them something...

Recently Brad tweeted something and the replies were mostly memes and infantile comments - if I were a bank looking to do business with ripple, the association with these types of investors would be somewhat concerning to me... Unfortunately i am not sure what can be done about it =/ any OG zerpers have any thoughts on this?

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Just now, nsfp said:

 if I were a bank looking to do business with ripple, the association with these types of investors would be somewhat concerning to me... Unfortunately i am not sure what can be done about it =/ any OG zerpers have any thoughts on this?

3

I don't think this is an issue.. There are a lot of kids just screaming stuff and with all due respect, most of them don't earn more than thousand of those XRP.  So wouldn't call them "investors".  Investors plan and research their investments and most likely go in a bit bigger. Banks are not stupid and know this...

The longer the price stays low, the more shakeout of those "investors" will happen. 

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1 hour ago, BDXRP said:

I disagree and think they should burn their majority of XRP, create more nodes/masternodes/ incentives for community to become a node and just get the banks and people who want to run nodes to buy of the market. 

 I assume what you are trying to say is that xrp needs to be developed in Proof of Stake algorithm. 

 Let me give you my opinion. I personally consider PoS and PoW algorithm makes a coin too specluative. It encourages investors to compete to stake the share as much as, as fast as possible before others do. Supply is usually limited as well, and gives crazy good interest rate according to the amount of coin investors are holding, which encourages more speculation. Therefore rise in value quickly.

But the fact about PoS, and PoW coin is that they are not spendable in the real world. And they never will. Because they can never be a currency like they claim.

‘Crypto Currencies’ involve the word currency but they can never be currency. What they actually are is digital commodity that always need to be bought with fiat. (Not even touching the fact that they are ignoring legal compliance or far from compliance)  All they give is promise of future. New economy of their own to be developed from scatch. I don’t think the “new economy” they promise can be accomplished without the real world usage and compliance. Even if they come to usage it would be the result of many experiment failures in a very long duration of time. Hurting most speculators during the process. 

Go on and do some research on Utility coin. Where the value gains upon the actual usage and the liquidity caused by the usage. It is a fair, and sustainable value unlike future intangible promises. 

Xrp value is not rising because it is not in use at the moment. But when it comes to usage the value will move up phenomenally. 

 

Edited by quan

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Quote - 

I don't think this is an issue.. There are a lot of kids just screaming stuff and with all due respect, most of them don't earn more than thousand of those XRP.  So wouldn't call them "investors".  Investors plan and research their investments and most likely go in a bit bigger. Banks are not stupid and know this...

The longer the price stays low, the more shakeout of those "investors" will happen. 

 

 

completely agree, its just frustrating to observe - i just hope it is not too damaging from a PR perspective.

anyway, we continue to hodl. as always, i greatly appreciate the contributions to this forum =) peace and love

Edited by nsfp
Forgot to quote

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Guys try to remember the customer ripple is trying to sell to. These are the FI you definetly all know that these people have high standards to hold which can not be competed with over night where as those who advertise c2c may attract more attention more rapid due to the low requirements for the casual person to enter the market ... And now ask yourself how much money does the regular have compared to the FI ... rather less doesn`t he. When the FI are ready to adapt xRapid on much larger scale than now I could imagine even bitcoin appearing pale to the volumes to enter when FI are in the game.

I see already people speculating ripple adding a c2c function if this happens not only on behalf of the FI but also on side of the casual customer could benefit from ripple.

Appart from that I disbelief Stellar is anywhere close being accepted on a larger scale than xrp ... I read somewhere Jed holds quite more of the Stellar than ripple does in xrp. So my assumption is the reason for Stellar to appear more bullish than xrp at the moment is the simple "accessable" supply Stellar offers which is minimal no wonder then why a single purchase can influence the price that hard same effect will happen when a bigger bunch is being sold - lucky for the ones who made money but they should considering dropping if that monopoly stays as it is.

Ripple is far more in advance than we know of. I tell you guys if you want to make quick money do it elsewhere but if you want to be wealthy and part of a better revolution (financial not this ideology crap)  than Bitcoin Ethereum and most other coins could offer...

THEN STICK WITH XRP AND TRY TO IGNORE FUD (constructive arguments are always welcome thats what makes xrp better)

Edited by Sarnos

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39 minutes ago, Pointbreak said:

@BDXRP

 

Curious, what are some other projects/ crypto that you would prefer to invest in?

I don't agree with all the points you made, some are defiantly valid

At the moment I’m a big fan of Wanchain, WaltonChain and Salt. Obviously hold BTC and ETH too. 

Ill buy back XRP at some point once I know that the spreads have decreased. 

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Hey, if Michael Arrington compares using XRP for staff salaries, fees and investment to "eating his own dogfood", I want to own that dog food too. Do you know how much money is being made in the pet food industry?

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It is funny how people make a few bucks trading some coins and all of a sudden think they are the Warren Buffet of the crypto world. Any monkey can throw a dart at a list of coins and have a chance at outperforming the market. What makes you successful is if you can sustain the money you have made and let it continue to grow. 

Sadly, many of the big winners as of date will lose everything they made in due time. It is easy now because everything (s!*tcoins) included are growing in speculative price. This will soon come to an end once smart money enters the race. Day traders will lose their shirts because it is no different than gambling at the casino. Do it enough and the house always wins. 

Warren Buffet didn't make his $ day trading stocks. He looks at what is available and assesses which ones are substantive and sustainable over the long term. He picks those and waits. The stock market is mature (good stocks win and crap stocks lose). 

The crypto market is in it's infancy (everything is winning). That does not make you a genius if you have made some money. The dotcom bubble is the perfect example. Once the crypto market begins to mature, guess what? (Good coins will win and crap coins will lose) just like stocks. 

I'm afraid for those who say "yeah I'll park my funds in the more solid coins once I'm done making extra dough with these other ones". When does it stop? What signals that enough is enough and it is time to take your profits to safety? 

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I am holding XRP along with other coins. I have to admit, I feel like other coins have increased or are trading differently than Ripple over the past 6 months. More or less, in the last month. I first thought....

-maybe someone is selling (who owns a great amount) and it keeps the price from breaking out.  Taking profits every time it rallies.

-maybe the Ripple community is a smaller than I thought. There are a lot of Ripple haters out there. 

-Cardano, Iota, and Stellar, which have billions of coins, have seen huge gains compared to Xrp recently.

 

I am a believer in Ripple. I compare the news that comes out and it feels like Ripple should be just a little higher. Maybe in .30 range or so. Nothing crazy. I feel like Stellar, Cardano, Iota, and Ripple all have had great news announcements recently and their coins are showing it. Ripple barely hanging in there.

These are just thoughts. The tech is a contender. The team looks promising. I would be happy with a .20 increase year after year. Maybe Ripple could do what it did in the beginning of the year and jump 4000% someday unexpectedly. The anticipation of the game is what make it so interesting. Godspeed fellas.

 

Edited by dvdman

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4 hours ago, TplusZero said:

I‘m certainly not holding XLM, as it is already trading at 40%(!) of XRP - all based on ONE random IBM announcement (with a confirmation of just a temporary use of XLM, if at all). Also, tiny corridors.

Stellar had to pivot to a use case that Ripple is working on from day 1.

I understand that longterm XRP hodlers hate XLM and Jed. But your information about XLM is wrong. Im not saying that people should buy XLM right now, time to buy was a week after IBM announcement

Its not one random announcement and its not temporary use. Your comments are the same as people, like the OP, who spread FUD because they dont really care about the coin and don't want to do the research.

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He’s my professional opinion and first hand knowledge. 
1. Although XRP is very cheap to make a crypto to crypto transfer, to transfer from AUDUSD it costs over 1% margin regardless of the volume. The market makers spreads are huge.
This makes the interbank pricing not competitive compared to traditional swift methods.
2. XRP will never be like ETH, BTC and others because ripple control and own so much of it. It’s not decentralised yet, IMO they should just burn it.
3. I’ve noticed Ripple meeting up their “community” members recently because they have started to realise that this is very important. 
I sold all of my XRP a few months back and invested in power ledger, Walton chain, Salt & Wanchain. I have made MUCH more money than holding XRP. 
Unless ripple burn what they hold it will slowly move down coinmarketcap. They need to work with the crypto community and stop slagging of bitcoin and others. 
The current value of XRP is based of speculation, they have hardly any gateways, they don’t offer masternodes or incentives to community members/investors and to top it off they are going to sell 1billion XRP a month. No one wants to make Ripple rich .
Why am I writing this? I want XRP to be the best but their business model sucks!
please change it and look after investors not just banks/corporates.
Don't buy it, if you don't believe in it. When you don't see all the possibilities of the usage of XRP.
Don't do duediligence and believe what you want. Just stop this FUD.

Just don't buy it please, the more I can scoop up. I am not going to educate you as your the professional who doesn't know his part of what XRP can do.

I am not talking payments even here. It can do so much more.

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