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Rippled - Bearableguy123

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Well guys, after our warning I guess the only way to truly stay on topic about price speculation only, and not the circumstances surrounding that speculation, we will have to open a new thread every day asking price predictions, with the only acceptable answers being numbers only. No words, only price.

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Well I wouldn’t want my speculating as to how someone with possible inside information could possibly arrive at a seemingly insane speculated price of $589 to get a thread in the speculation section locked for not being speculative enough, so I guess I’ll just keep it to myself.

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3 hours ago, FixnUrPowerline said:

What do you speculate could cause the price to rise to the $589+ prediction this year? I personally can't see it getting past $12 or so but what would the size of the entire crypto market have to be at that price?

Hmm the million dollar question...this is purely a guess, but I would suppose that it would come from mostly when the partnerships ripple has now move to using Xrapid. Why the hell else would they have Xrapid if they didn’t intend to have it used? If they didn’t intend for there to be a lot of volume, why make so many tokens. Once  Banks, WU, & Moneygram and the plethora of other partners ripple begin to use Xrapid, it should go up. 

Other partnerships Ripple has, like Lianlian,  (who list Apple and PayPal as strategic partners) processes “billions in payments between merchants and consumers including major online retail sites, such as Amazon, Ali Express, and eBay”, per ripple.com. There is the SBI Asia credit card consortium, the Japanese bank consortium of 61 banks. American Express and Santander, etc. 

I could go on with the partnerships, but digging down the rabbit hole of connections would take all night- but my guestimation is that for each customer Ripple has who is using xcurrent and who transitions to the use of Xrapid, the price of XRP would increase about $4-7. So if they have 100 partnerships 4x100= $400 with an average around $550. I came up with this because xrp hit $3.36 with just hype from the retail market back in December and I think the market cap or money flow through was~$130B. 

That’s where I’d guess the $589+ would come from. Now, it does blow my mind that that increase could happen in ten months, but hey maybe it’ll happen like a power grid Turning on and one day we’ll wake up and be like ummm whaaaattt??!

Edited by Erniekins

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Was on reddit just reading and came across this(screen shot below)...have no clue who this person is, nor am I suggesting he is correct by all means. I am curious to see if what he says comes to fruition due to the specific date he references.

 

Screenshot_2018-02-22-23-50-46.png

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Hodor made a point in one of his articles that seems to have been overlooked a bit.

Banking is a HEAVILY regulated area. Implementing xRapid in a bank requires a ton of red tape and will not happen in the blink of an eye. 

Money transfer companies and other clients who do cross border transactions do not have the same baggage. So for this reason, I am fairly certain that we will see those partners implement xRapid first and banks would be the last to make it official.

so when we see a jump in the price when the first partners make xRapid official, just remember. The mega jump is still to come. :)

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21 minutes ago, HodlOnASec said:

Hodor made a point in one of his articles that seems to have been overlooked a bit.

Banking is a HEAVILY regulated area. Implementing xRapid in a bank requires a ton of red tape and will not happen in the blink of an eye. 

Money transfer companies and other clients who do cross border transactions do not have the same baggage. So for this reason, I am fairly certain that we will see those partners implement xRapid first and banks would be the last to make it official.

so when we see a jump in the price when the first partners make xRapid official, just remember. The mega jump is still to come. :)

Also governments will push to free up the nostro/vostro accounts.
I think it's mentioned in the PSD2 law.

https://www.americanexpress.com/us/content/foreign-exchange/articles/EU-payment-directives-to-transform-payment-services/

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55 minutes ago, bm32533476 said:

Time to just make a bearableclub!

We could even print T shirts under the brandname Bearable Wearables!

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Hmm the million dollar question...this is purely a guess, but I would suppose that it would come from mostly when the partnerships ripple has now move to using Xrapid. Why the hell else would they have Xrapid if they didn’t intend to have it used? If they didn’t intend for there to be a lot of volume, why make so many tokens. Once  Banks, WU, & Moneygram and the plethora of other partners ripple begin to use Xrapid, it should go up. 
Other partnerships Ripple has, like Lianlian,  (who list Apple and PayPal as strategic partners) processes “billions in payments between merchants and consumers including major online retail sites, such as Amazon, Ali Express, and eBay”, per ripple.com. There is the SBI Asia credit card consortium, the Japanese bank consortium of 61 banks. American Express and Santander, etc. 
I could go on with the partnerships, but digging down the rabbit hole of connections would take all night- but my guestimation is that for each customer Ripple has who is using xcurrent and who transitions to the use of Xrapid, the price of XRP would increase about $4-7. So if they have 100 partnerships 4x100= $400 with an average around $550. I came up with this because xrp hit $3.36 with just hype from the retail market back in December and I think the market cap or money flow through was~$130B. 
That’s where I’d guess the $589+ would come from. Now, it does blow my mind that that increase could happen in ten months, but hey maybe it’ll happen like a power grid Turning on and one day we’ll wake up and be like ummm whaaaattt??!
Eth was only $12 this time last year and peaked at $1400 Odd. So while we struggle to comprehend the potential increase its not out of the realm of probability to hit $589 or there abouts with FI adoption and speculator FOMO. IMO

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I believe this is the best thread on the internet. I have no doubt the theories from this thread will be turned into a book and then a movie. 

I should have written “a non-fiction book”. Hahahahaha

Edited by Guest
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