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[SOULSHOUTME]

Chjeck the price now only bound to increase bought about 700 units at current price

 

[Fresca]

its been even for a bit now... I wonder if its gonna increase over weeknd

 

[SOULSHOUTME]

it went to nearly 0.9 let the week begin and see what happens

 

[pingy]

 

[pingy]

if you listened to this call you would have 23x'd your money

 

[twistedtaco]

from what i read they have 150 billion dollars in reserve to expand and get banks around the world to use it, and i believe atm they are in talks with western union, paypal to accept ripple, i am invested in it.

 

[rexswapss]

Head and Shoulders formed on the 4H chart on tradingview.
XRP will go down, unless big news comes out.

 

[pingy]

Hey to all

 

[Joshi]

XRP/Ripple

Why invest in XRP?
- XRP Speeds up banking transactions from days to minutes.
- XRP Saves Banks almost 60% of the transaction fee each payment. Theoretically if a huge bank spends $1M on transaction fee's yearly, they will save $600k. If this doesn't grab the attention of banks, then i don't know what does.
- We are looking at a crypto that is GLOBALLY useful, there are too many banks out there across the world that still are yet to use this system.
- This is future technology that we need in today's modern society where international payments are occurring in the hundreds of thousands daily.

Ripple seems to be a long term investment ~ 6 months up to years. It is however most certainly the future. Banks are intrigued by this system in every way, but it takes time to adapt and test this new system. Change doesn't occur over night.

XRP as of today is $0.16-1.7
This is just brief information on XRP, hopefully there is more exciting news to come.

Buy in today while it's still at a fairly low price. When the good big news comes out it will be too late !

If interested, invest in ripple via an exchange such Bittrex or Polo or so.

There is no underlying use case for the xrp coin itself. Again, it's not just about trading the currency it's also about actually using it. Banks don't care for the coin.

 

[pingy]

What if I told you you're wrong?

Insider Rumours of a bank to use XRP specifically within the next 12months.

 

There is no underlying use case for the xrp coin itself. Again, it's not just about trading the currency it's also about actually using it. Banks don't care for the coin.

Xrapid

 

[Joshi]

What if I told you you're wrong?

Insider Rumours of a bank to use XRP specifically within the next 12months.

The premise of using rumors as fact is to stir hype of the coin. Once again it's not about trading the coin on an exchange it's about using it. Even if it is true, it doesn't take much to have a unknown bank in a far region of the world somewhere in Africa to accept xrp. So yes I stand by my position.

 

[pingy]

if you knew the technology, you'd understand that any payments under ripple essentially is forced to use xrp for certain payments

 

[Joshi]

Xrapid

Very ambitious but every start up has ambition. Tell me something new lol.

 

Very ambitious but every start up has ambition. Tell me something new lol.

Ambition by a company that has backed up by 100+ contracts that were signed into production with that other ripple product that I forgot.

 

[Joshi]

if you knew the technology, you'd understand that any payments under ripple essentially is forced to use xrp for certain payments

Not meaning to troll here but you contradicted your self. "ANY payments under ripple essentially is forced to use xrp for CERTAIN payments". For one I don't think banks are going to jump on the xrp coin. There is no need to. They do like the technology behind it and no one disagrees with the tech. I disagree with the use case of the coin. There is nothing stopping anyone from creating the tech in XRP and letting banks use it without being forced to use a coin.

 

[Joshi]

Ambition by a company that has backed up by 100+ contracts that were signed into production with that other ripple product that I forgot.

Yes there is a difference between having a product which sells and one that doesn't. Apple's iphone is bought by millions globally. People love their apple eco system. But if apple introduces "apple butt plugs and toilet paper" it's not going to sell like hot cakes because that's the point. This is a sales trick. I am talking about one product of mine which is so great but in truth the success of that product does not reflect on the success of the product you are actually investing in. You are not investing in the product which has hundreds of contracts, you are investing in a coin no one signed up to adopt, so instead of pointing to their other products let's talk about the one we are discussing which is the coin.

 

[Xier0]

- XRP Speeds up banking transactions from days to minutes.

Banks send transactions in fiat, not in XRP. Ripple sends transactions in XRP. This means banks have no use for XRP as a payment system, since it doesn't fulfill their use case of settling fiat payments. And no, they are not going to convert to send on each end.

 

[pingy]

@Xier0

Banks inevitably use XRP with ripple technology, if you read further on about how the tech works with some of its cross border payment systems
And why wouldn't they convert to send them on each end?

 

[Xier0]

@Xier0

Banks inevitably use XRP with ripple technology, if you read further on about how the tech works with some of its cross border payment systems

Empty statement.

And why wouldn't they convert to send them on each end?

Because all that does is add another needless level of complexity, eliminating a source of revenue for the bank while solving none of the bank's problems? The reason bank payments take so long to clear and cost so much isn't because they need a blockchain, it's because banks intentionally put a time buffer on payments in order to offer reasonable fraud protection, funds recovery, and to comply with government AML regulations - none of which is offered by the security of a blockchain.