Author Topic: ANY WAYS THAT XRP CAN BE DUMPED?????  (Read 781 times)

realsignals

  • Full Member
  • ***
  • Posts: 182
  • Karma: +3/-0
    • View Profile
ANY WAYS THAT XRP CAN BE DUMPED?????
« on: June 15, 2019, 09:58:15 am »
 Is there anything in place that insures ripple will always use XRP? one risk i can think of is they might switch to something ells. maybe dumb question. but o well lol :D

damort

  • Full Member
  • ***
  • Posts: 223
  • Karma: +4/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #1 on: June 15, 2019, 10:08:27 am »
Is there anything in place that insures ripple will always use XRP? one risk i can think of is they might switch to something ells. maybe dumb question. but o well lol :D
Itís not a dumb question...but no. Simply stated XCurrent provides the (Rippleís network) XRPL without usage of XRP. Xrapid is the solution that uses XRP as the liquidity tool.
Banks may start with Xcurrent as a trial. Once they like it, and want the additional cost savings of not having pre-funded Nostro Vostro accounts. This is our hope for widespread XRP adoption.
Anything can happen, but I like what Ripple is doing in marketing our investment.

kinglook

  • Full Member
  • ***
  • Posts: 172
  • Karma: +6/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #2 on: June 15, 2019, 10:18:26 am »
Is there anything in place that insures ripple will always use XRP? one risk i can think of is they might switch to something ells. maybe dumb question. but o well lol :D
Plus Rippleís big whigs have their own net worth tied to XRP holdings. Itís to their personal advantage and ours for XRP to succeed and not switch to anything else..

dickson

  • Full Member
  • ***
  • Posts: 199
  • Karma: +5/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #3 on: June 15, 2019, 10:28:56 am »
Is there anything in place that insures ripple will always use XRP? one risk i can think of is they might switch to something ells. maybe dumb question. but o well lol :D
Ripple can do what ever they choose to do when ever they choose to do it.

queenpro

  • Full Member
  • ***
  • Posts: 174
  • Karma: +4/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #4 on: June 15, 2019, 10:39:10 am »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)

robcorelli123

  • Full Member
  • ***
  • Posts: 176
  • Karma: +2/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #5 on: June 16, 2019, 06:35:55 pm »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)
if so, that would be pretty amazing. Is there any news on the 2 working together?

serelyani

  • Full Member
  • ***
  • Posts: 176
  • Karma: +1/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #6 on: June 16, 2019, 06:50:40 pm »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)
if so, that would be pretty amazing. Is there any news on the 2 working together?
no, FB is an assault on the whole crypto space really I think although it could spark mass education of the space to the general populous. Iím not too scared of the fb coin though. The transfer market is huge and thereís enough to go around. If anything it could also scare banks into signing up with ripple faster because they are scared of fb taking over and ripple is a quick solution.

jackjr45

  • Full Member
  • ***
  • Posts: 211
  • Karma: +3/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #7 on: June 16, 2019, 07:01:23 pm »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)
if so, that would be pretty amazing. Is there any news on the 2 working together?
no, FB is an assault on the whole crypto space really I think although it could spark mass education of the space to the general populous. Iím not too scared of the fb coin though. The transfer market is huge and thereís enough to go around. If anything it could also scare banks into signing up with ripple faster because they are scared of fb taking over and ripple is a quick solution.
Xrp is designed to work with all forms of value, remember itís the shipping container of the financial world, it can move anything of value 😎

realsignals

  • Full Member
  • ***
  • Posts: 182
  • Karma: +3/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #8 on: June 16, 2019, 07:15:17 pm »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)
if so, that would be pretty amazing. Is there any news on the 2 working together?
no, FB is an assault on the whole crypto space really I think although it could spark mass education of the space to the general populous. Iím not too scared of the fb coin though. The transfer market is huge and thereís enough to go around. If anything it could also scare banks into signing up with ripple faster because they are scared of fb taking over and ripple is a quick solution.
Xrp is designed to work with all forms of value, remember itís the shipping container of the financial world, it can move anything of value 😎
Itís actually an assault on the banks not crypto, thatís why banks are tripping over each other to get in the game by joining the best partner Ripple

kinglook

  • Full Member
  • ***
  • Posts: 172
  • Karma: +6/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #9 on: June 16, 2019, 07:33:31 pm »
Anyway, Ripple is designed to work with FBC (Facebook coin)  ;)
if so, that would be pretty amazing. Is there any news on the 2 working together?
no, FB is an assault on the whole crypto space really I think although it could spark mass education of the space to the general populous. Iím not too scared of the fb coin though. The transfer market is huge and thereís enough to go around. If anything it could also scare banks into signing up with ripple faster because they are scared of fb taking over and ripple is a quick solution.
Xrp is designed to work with all forms of value, remember itís the shipping container of the financial world, it can move anything of value 😎
Itís actually an assault on the banks not crypto, thatís why banks are tripping over each other to get in the game by joining the best partner Ripple
take it another step and itís basically an assault on humanity. Trying to turn us all into China! ::)

mr.great

  • Full Member
  • ***
  • Posts: 184
  • Karma: +3/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #10 on: June 16, 2019, 07:46:14 pm »
fb could end up being a bank, sorta scary - but xrp wil be the world's bank, the ledger is a decentralized exchange in itself (forget about it) when ripple is truly ready for a price rise, garlinghouse will step to the mic and say, "Amazon" (mic drop)

damort

  • Full Member
  • ***
  • Posts: 223
  • Karma: +4/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #11 on: June 16, 2019, 07:53:34 pm »
Everything will eventually be able to connect into the Interledger Protocol which uses XRP as it's native token.

dickson

  • Full Member
  • ***
  • Posts: 199
  • Karma: +5/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #12 on: June 16, 2019, 08:09:19 pm »
Ripple wonít abandon XRP the way we wonít abandon oil.
As long as it has value and Ripple has a lot of it- they will push its use, because they benefit from a higher priced XRP. Not just for cross border payments but for making purchases with XRP that has been released from escrow.
PayPalí can be purchased for 70 billion? Hmm drive xrp price to $70 and Ripple can buy them with 1 billion XRP.

jackjr45

  • Full Member
  • ***
  • Posts: 211
  • Karma: +3/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #13 on: June 16, 2019, 08:30:39 pm »
Ripple wonít abandon XRP the way we wonít abandon oil.
As long as it has value and Ripple has a lot of it- they will push its use, because they benefit from a higher priced XRP. Not just for cross border payments but for making purchases with XRP that has been released from escrow.
PayPalí can be purchased for 70 billion? Hmm drive xrp price to $70 and Ripple can buy them with 1 billion XRP.
I think it would actually be very unlikely ripple will even sell the whole lot. Why would they get rid of their biggest asset in the world going forward

robcorelli123

  • Full Member
  • ***
  • Posts: 176
  • Karma: +2/-0
    • View Profile
Re: ANY WAYS THAT XRP CAN BE DUMPED?????
« Reply #14 on: June 16, 2019, 08:52:01 pm »
Ripple wonít abandon XRP the way we wonít abandon oil.
As long as it has value and Ripple has a lot of it- they will push its use, because they benefit from a higher priced XRP. Not just for cross border payments but for making purchases with XRP that has been released from escrow.
PayPalí can be purchased for 70 billion? Hmm drive xrp price to $70 and Ripple can buy them with 1 billion XRP.
I think it would actually be very unlikely ripple will even sell the whole lot. Why would they get rid of their biggest asset in the world going forward
They don't need to sell the whole lot of it. That's WHY a higher price benefits them. The higher the price the less they need to sell to buy something valuable.
If XRP is $7.00 they would have to spend 10 Billion XRP to buy PayPal.
If XRP is $70 they only need to spend 1 Billion XRP.
If they are able to get XRP to $700 then they only need to spend 100 Million XRP.