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It's Happening? The Zerpening!


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This thread has veered well off topic of Ripples price rise in December. Locked. Feel free to start a new topic, remembering this section is for discussion about Ripple price and trading (not Tet

I am henceforth creating a new term- the zerpening. When a long promised/ expected zerp price raise actually happens.

Warnings have being issued. A reminder that ALL forum members are to be respectful and considerate to each other even if there are disagreements in opinion. Please do not make me post the face of

22 minutes ago, cursesandblessings said:

been doing some math...we have to get to around 20.258 billion volume a day for xrp to be $10.....

how we gonna do that?

You're forgetting speculation. If volume is over 20 billion / day, you can expect speculators to be betting either that it will increase or decrease. The price isn't always the price as it should be today, it's the price that people think it will be in the future.

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My 2 xrps:

Look at the impact the ratings will have on BTC as this will drive the overall sentiment. 

You already know XRP is the real gold standard - so don't worry/panic if the price moves against your expectations. It's temporary.

Don't forget that the BTC futures contract expires on the 26th - so you can bet that there will be some opportunistic manipulation. So understand your personal position and don't get caught up in emotional 'herd mentality' decision making.

My final comment is don't set your expectations too high in regards to the Q4 report. I'm certain Ripple want to make public as much info as possible to drive positive sentiment towards XRP, but the reality at the moment is that we are in a Bear market and some of the partnerships being developed today, may be at the ND stage.

Do not underestimate how early we are in the game. IMO 2018 was always going to be the year that Governments 'woke up' to Crypto. This is good and bad in that we will see the downfall of "$hitcoins" and hopefully the rise of XRP.

Take care and try to relax.

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18 minutes ago, Rayzor said:

My 2 xrps:

Look at the impact the ratings will have on BTC as this will drive the overall sentiment. 

You already know XRP is the real gold standard - so don't worry/panic if the price moves against your expectations. It's temporary.

Don't forget that the BTC futures contract expires on the 26th - so you can bet that there will be some opportunistic manipulation. So understand your personal position and don't get caught up in emotional 'herd mentality' decision making.

My final comment is don't set your expectations too high in regards to the Q4 report. I'm certain Ripple want to make public as much info as possible to drive positive sentiment towards XRP, but the reality at the moment is that we are in a Bear market and some of the partnerships being developed today, may be at the ND stage.

Do not underestimate how early we are in the game. IMO 2018 was always going to be the year that Governments 'woke up' to Crypto. This is good and bad in that we will see the downfall of "$hitcoins" and hopefully the rise of XRP.

Take care and try to relax.

As coins are trashed for non utility the money has to go somewhere.  Expect a consolidation towards more viable coins.  Thus increasing the price of the better coins, i.e. XRP

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1 hour ago, blockchainrevolution said:

You're forgetting speculation. If volume is over 20 billion / day, you can expect speculators to be betting either that it will increase or decrease. The price isn't always the price as it should be today, it's the price that people think it will be in the future.

Check your finance 101 classes !!! - nobody in their right mind thinks that future prices of XxRP is 1.33$ :diablo:

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4 minutes ago, jdimstrnate said:

As coins are trashed for non utility the money has to go somewhere.  Expect a consolidation towards more viable coins.  Thus increasing the price of the better coins, i.e. XRP

Yes, but don't sleep on the matter of what Governments want to do.

Governments slept on Crypto and IMO are now taking more action to ensure the gains from speculation do not happen. They are slower than private enterprises, but they eventually follow the scent to money.

IMHO, we will see Governments develop their own currencies to replace FIAT. How we get there (I.e. through use of existing crypto like XRP or issue of their own coin, I do not know).

Futures market, independent ratings...etc...call me paranoid but to me this smells of the first wave to temper speculation. Speculation, is why Bitcoin is what it is today and why a lot of $hitcoins get where they are.

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6 minutes ago, Rayzor said:

Yes, but don't sleep on the matter of what Governments want to do.

Governments slept on Crypto and IMO are now taking more action to ensure the gains from speculation do not happen. They are slower than private enterprises, but they eventually follow the scent to money.

IMHO, we will see Governments develop their own currencies to replace FIAT. How we get there (I.e. through use of existing crypto like XRP or issue of their own coin, I do not know).

Futures market, independent ratings...etc...call me paranoid but to me this smells of the first wave to temper speculation. Speculation, is why Bitcoin is what it is today and why a lot of $hitcoins get where they are.

Everybody has the same answer. If making Crypto was easy as that: Paypal, Gouverements would allready have their own Crypto. It's not only about making their own Crypto: it's tech security, complete ecosystem, expanding, etc.. 

Why you people thing Gouverements would make their own CRYPTO ? So far, gouveremnts use banks, work with banks and have reserves in Gold. This hasn't changed in million years, and it will not start now. This is good for xrp.

Its too much for most gouveremnts to do this. And they can still use banks that have crypto tokens, and continue their regular work. Most countries have slow administration, and they don't want to concentrate how to make something themselves, they want easy IN and OUT solutions that will be provided by BANKS. There is a big Blame factor here. If something gets hacked; they blame the bank and ask for insurance. If gouverement gets Crypto hacked it's game over; one country could loose all money. So no, they will not do this, it makes sence ..but .. in gouverement offices work thousands of people. Can you imagine inside information and manipulation of corrupted gouveremnts with crypto.. ? It's just too much

And for Paypal, Apple, and other big companies; because of BLAME factor and insurance they will want to use second company that allready has proven solution to money transfer. If something goes down, they can blame the company that sold them the service and ask them to fix it. Most of the big companies i know in real life dont think how they can add one more cent to their earnings. They usually think: 

1. Oh , xrp can save us 15 dollars per transaction. Thats 100000 something ... 

2. Oh, xrp has a contact my programmer can call if he has a problem 

3. Oh, we can use a proven service that allready works.

4. We will not make our crypto just to keep 1 extra cent to ourselves. We rather pay one cent extra and have 0 problems in future considering blockchain improvements and scaling, as well as administrating is done by somebody else 

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