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RIPPLE ALERT!!!
12-28-2017, 10:59 AM
Post: #1
RIPPLE ALERT!!!
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I'm surprised Jsnip hasnt focused on XRP in his vids. I know there are 100billion tokens, but half of those are locked away in smart contracts for the next 4 years. I've noticed the MM sites have barely even mentioned RIPPLE amd yet they have the 3rd largest market cap in the crypto game. The list of partners is huge:

http://gtgox.com/partners-of-ripple/

razzle34dazzle, proud member of Realist News since Aug 2012.
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12-28-2017, 03:13 PM
Post: #2
RE: RIPPLE ALERT!!!
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(12-28-2017 10:59 AM)razzle34dazzle Wrote:  I'm surprised Jsnip hasnt focused on XRP in his vids. I know there are 100billion tokens, but half of those are locked away in smart contracts for the next 4 years. I've noticed the MM sites have barely even mentioned RIPPLE amd yet they have the 3rd largest market cap in the crypto game. The list of partners is huge:

http://gtgox.com/partners-of-ripple/

%60 of the tokens are owned by CENTRAL BANKERS.
When hard times hit, they will dump all their tokens to cash out and screw everyone over big time.
Ripple is 'centralized' as well and closed source software. These are bad things.

Not saying you can't make money with Ripple, but buyer beware.

Thornz, proud member of Realist News (Jsnip4) since Apr 2017.
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12-28-2017, 03:37 PM
Post: #3
RE: RIPPLE ALERT!!!
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there is 100billion tokens total

the circulating supply is 38,739,144,847 XRP

the rest of the tokens are locked away in smart contracts that will release 1 billion tokens a month for the next 4 years. So that is 48 billion tokens.

the central banks do not own ripple. ripple is owned by a san fran firm and the company itself owns the smart contracts..... so the company holds 50% of the tokens in smart contracts, not the central banks

also, it doesnt look like XRP is going away, i have a relative that works in vanguard, and through the grape vine the plan is basically to hedge their positions with xrp:

basically, if you had a usa company had a contract with said company in europe, they would be exchanging in dollars/euros for example. if when the said contract matured/expired and for example the euros were down in value, then the usa company would lose value on the contract, so the plan is to use xrp at the start of the contract so their is no fluxation between both companies native currancies.

It sounds very interesting, the only part that spooks me is the release of a billion tokens per month for the next 4 years as that is practically dillution.

But imagin in the future all leading banks worldwide were to conduct business between themselves in xrp, thats multiple trillions of dollars for this market cap

razzle34dazzle, proud member of Realist News since Aug 2012.
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12-28-2017, 11:46 PM
Post: #4
RE: RIPPLE ALERT!!!
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(12-28-2017 03:37 PM)razzle34dazzle Wrote:  there is 100billion tokens total

the circulating supply is 38,739,144,847 XRP

the rest of the tokens are locked away in smart contracts that will release 1 billion tokens a month for the next 4 years. So that is 48 billion tokens.

the central banks do not own ripple. ripple is owned by a san fran firm and the company itself owns the smart contracts..... so the company holds 50% of the tokens in smart contracts, not the central banks

also, it doesnt look like XRP is going away, i have a relative that works in vanguard, and through the grape vine the plan is basically to hedge their positions with xrp:

basically, if you had a usa company had a contract with said company in europe, they would be exchanging in dollars/euros for example. if when the said contract matured/expired and for example the euros were down in value, then the usa company would lose value on the contract, so the plan is to use xrp at the start of the contract so their is no fluxation between both companies native currancies.

It sounds very interesting, the only part that spooks me is the release of a billion tokens per month for the next 4 years as that is practically dillution.

But imagin in the future all leading banks worldwide were to conduct business between themselves in xrp, thats multiple trillions of dollars for this market cap

Do you really want to invest into the industry that will 100 % fail in the next couple years ?
It's like investing in horses for transport, a few month before the car industry starts... or the mail delivery, 1 year before emails get massively adopted... Does'nt really make sense, no matter what the price is today, no matter what it will be tomorrow... just dont put money into an a industry that will be 100 % disrupted in the coming month...

The first anonymous bitcoin lottery
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12-29-2017, 10:50 AM (This post was last modified: 12-29-2017 11:00 AM by razzle34dazzle.)
Post: #5
RE: RIPPLE ALERT!!!
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(12-28-2017 11:46 PM)NorthBlade Wrote:  
(12-28-2017 03:37 PM)razzle34dazzle Wrote:  there is 100billion tokens total

the circulating supply is 38,739,144,847 XRP

the rest of the tokens are locked away in smart contracts that will release 1 billion tokens a month for the next 4 years. So that is 48 billion tokens.

the central banks do not own ripple. ripple is owned by a san fran firm and the company itself owns the smart contracts..... so the company holds 50% of the tokens in smart contracts, not the central banks

also, it doesnt look like XRP is going away, i have a relative that works in vanguard, and through the grape vine the plan is basically to hedge their positions with xrp:

basically, if you had a usa company had a contract with said company in europe, they would be exchanging in dollars/euros for example. if when the said contract matured/expired and for example the euros were down in value, then the usa company would lose value on the contract, so the plan is to use xrp at the start of the contract so their is no fluxation between both companies native currancies.

It sounds very interesting, the only part that spooks me is the release of a billion tokens per month for the next 4 years as that is practically dillution.

But imagin in the future all leading banks worldwide were to conduct business between themselves in xrp, thats multiple trillions of dollars for this market cap

Do you really want to invest into the industry that will 100 % fail in the next couple years ?
It's like investing in horses for transport, a few month before the car industry starts... or the mail delivery, 1 year before emails get massively adopted... Does'nt really make sense, no matter what the price is today, no matter what it will be tomorrow... just dont put money into an a industry that will be 100 % disrupted in the coming month...

follow the money, ripple briefly became the 2nd largest crypto market cap yesterday. With a move like yesterday, you can bet that many new eyes are following XRP. Unfortunately, at this time it is not easy to buy XRP for a newbie. Coinbase doesnt have it, and the approval process is taking weeks to get approved on certain exchanges that offer it. BitStamp being one of them, I've applied over 20 days ago and still have not got approved, mind you XRP was trading at .40 cents then. I did my research and figured out how to transfer btc f/ coinbase to GDAX and then to Binance where I got my XRP and then moved it to my toast wallet.

No one can predict the future, but I'm following the money, if coinbase adds XRP, thats only gonna prop the price up higher IMO.

razzle34dazzle, proud member of Realist News since Aug 2012.
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01-02-2018, 06:06 PM
Post: #6
RE: RIPPLE ALERT!!!
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(12-29-2017 10:50 AM)razzle34dazzle Wrote:  
(12-28-2017 11:46 PM)NorthBlade Wrote:  
(12-28-2017 03:37 PM)razzle34dazzle Wrote:  there is 100billion tokens total

the circulating supply is 38,739,144,847 XRP

the rest of the tokens are locked away in smart contracts that will release 1 billion tokens a month for the next 4 years. So that is 48 billion tokens.

the central banks do not own ripple. ripple is owned by a san fran firm and the company itself owns the smart contracts..... so the company holds 50% of the tokens in smart contracts, not the central banks

also, it doesnt look like XRP is going away, i have a relative that works in vanguard, and through the grape vine the plan is basically to hedge their positions with xrp:

basically, if you had a usa company had a contract with said company in europe, they would be exchanging in dollars/euros for example. if when the said contract matured/expired and for example the euros were down in value, then the usa company would lose value on the contract, so the plan is to use xrp at the start of the contract so their is no fluxation between both companies native currancies.

It sounds very interesting, the only part that spooks me is the release of a billion tokens per month for the next 4 years as that is practically dillution.

But imagin in the future all leading banks worldwide were to conduct business between themselves in xrp, thats multiple trillions of dollars for this market cap

Do you really want to invest into the industry that will 100 % fail in the next couple years ?
It's like investing in horses for transport, a few month before the car industry starts... or the mail delivery, 1 year before emails get massively adopted... Does'nt really make sense, no matter what the price is today, no matter what it will be tomorrow... just dont put money into an a industry that will be 100 % disrupted in the coming month...

follow the money, ripple briefly became the 2nd largest crypto market cap yesterday. With a move like yesterday, you can bet that many new eyes are following XRP. Unfortunately, at this time it is not easy to buy XRP for a newbie. Coinbase doesnt have it, and the approval process is taking weeks to get approved on certain exchanges that offer it. BitStamp being one of them, I've applied over 20 days ago and still have not got approved, mind you XRP was trading at .40 cents then. I did my research and figured out how to transfer btc f/ coinbase to GDAX and then to Binance where I got my XRP and then moved it to my toast wallet.

No one can predict the future, but I'm following the money, if coinbase adds XRP, thats only gonna prop the price up higher IMO.

No, Coinbase adding XRP as a rumor has already been priced.. Watch the drop when that does not happen...

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01-03-2018, 06:50 AM
Post: #7
RIPPLE ALERT!!!
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Look at it as a long term nascar race the beginning can seem vary promising for the for for forerunners. It's the end of the race what counts. Some promising competitors may crash and burn before the end. Its not that I think that about XRP, I'm just saying be careful!
https://www.nascar.com/video/franchise/m...d-purpose/
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