The Ripple Thread

GarIT

sirdeclan wrote: »

Does anyone have any suggestions for an early investment in some of the lower value cryptos.

Get in early and hope for the best at a low investment?..

If you're asking on an internet forum you are not ready to be investing in non-established crypto.

chakotha

EagererBeaver wrote: »

It depends on the exchange you're on. If it doesn't have an XRP/USD market, you don't have any alternative.

My bad. I just checked and it's the same. I had been glancing at the %24hr shifts.

I'm with Bitfinex though will start a small punt using Binance in the new year.

asteroids over berlin

chakotha wrote: »

Am I right that you would have to be careful timing this as XRP/BTC followed by BTC/USD is usually less that XRP/USD?

yes it's good to check out the market at the time, also buy/sell walls, is it pumping or dropping etc, it depends what you want to do -i.e. cash out straight away, well then you should be okish, it of course can fluctuate but you should be cased out within an hour - depending on if the exchange offers that rate at the time (there is no delay on their part), i can't remember, the last time i cashed out was over a year ago - i have always reinvested. You should be working everything out in satoshis i.e what price in satoshis you bought at and then obviously the sell rate. If the exchange has a tether option, you can exchange to that and just sit on it if you intend to jump back in soon on a dip etc. If it is a large amount of money, personally i wouldn't leave it on an exchange too long. Also, if it is a large amount of money, inform your bank, i think some banks may have a 20k limit to be transferred(just heard this), so notify them, however, the revenue will also be made aware and you are then looking at 33% CGT. You could apply for one of the debit cards - Centra, Tenx etc and withdraw from an atm, the spreads can be quite big but it would mean ou avoid paying the revenue, you may need to buy a safe though

asteroids over berlin

Deleted User wrote: »

I haven't got a chance to look back into it since about 12 hours ago, but the word then was that if it was fake...it was a very good attempt. And that doesn't mean that makes it more likely not to be fake, just a lesson that in this industry people will go to insane lengths to temporarily bump a coin's price.

After that video hit Reddit last night, XRP jumped about 20c. That could be a good day's return for anyone who might have doctored such a video.

McAfee's pump and dumps, this more-than-likely fake XRP/Coinbase video - Cryptocurrency really is like the Wild West :pac:

As for the whole Ripple/Coinbase decentralization issue - I will chase up the source, but I read somewhere that one of Ripple's main goals for 2018 was decentralization. Never mind what I read 'somewhere' though, according to their website they do have an active decentralization strategy...

https://ripple.com/dev-blog/decentralization-strategy-update/

https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/

Also, dencentralized or not, if Ripple cements its spot in the Top 3 coins, will Coinbase be able to ignore it? They'd be missing out on an absolute fortune in fees with such a volume of XRP being traded.





So, do we have a problem? Are we the first members of Boards' own Cryptos Anonymous??

Newbs who are going to lose their bollix if we're not careful, more like it




The Coinbase to Binance method seems to be the most popular at the moment. It also gets you up and running pretty quickly. How to do that is outlined in this post...

https://www.boards.ie/vbulletin/showpost.php?p=105621340&postcount=141




Ideally, no. I'm hoping this goes higher than $2.50-70 in early 2018 and plan on holding for that.

I can't guarantee though that if I see the price start to ascend to those heights again and descend into such volatility, that I won't start swinging like Tarzan chasing Jane!

I'm going to end up with nothing, aren't I?

No, not really, i can see it hovering for the next couple of days,going by the market at the moment, If Ripple announce a partnership with Visa, amazon or some big partnership, it may zoom up another couple of dollars, i would then be ready to pull the trigger as a lot of people would be just jumping on board, whales rubbing their hands and pump. However, it is still not clear to me if any of the so called good news related to ripple actually involves xrp - they are being very cagey (always have been) around this point, it's all well and good saying in the future xrp is vital but yet it is still optional, this makes me nervous. Personally if i still held my position and i had a lot of xrp (which i used to) i would be certainly thinking about taking at least half in profits at this point. Even if it was stated that a partner actively was or wanted to use xrp, it wld take a serious amount of cash to get xrp to $5, i think 2.50 - 3 dollars is a very nice profit for those who hold anything over 10k xrp. * this is not financial advice.

best of luck to all

* I am a prime example of a person that got bored and sold a coin, i had a significant amount of xrp and watched it most of the year making little movement (as in potential to break $1) so i sold as i believed the money was just sitting there stagnant and i was missing opportunities to invest. Turns out i have done very well on those other proects i invested in but it goes to show, patience can be key in this game

Blacktie.

asteroids over berlin wrote:

it would mean ou avoid paying the revenue, you may need to buy a safe though

This isn't some nice loop hole this is tax evasion.

RasTa

Never mind, figured it out.

asteroids over berlin

Blacktie. wrote: »

This isn't some nice loop hole this is tax evasion.

yes indeed, i just gave options, the current tx system is set up to favour the wealthy, if you think those lads are paying full whack, you are smoking some good stuff! Inheritance tax is also 33%, it was an initially introduced to allow an equilibrium amongst the classes, when in fact it has made the rich richer and the working class Joe 33% less well off - money they could of done with, some were even made homeless due to this tax. Yes it's the law but get off the high horse too, champion! I never said to do anything, it is not financial advice, just an opinion!

millhouse

There was talk of coinbase adding ripple to their portfolio. Has anyone got any updates if this is correct and if so when it is likely to happen. Also is there any further news expected from ripple themselves in the coming days . ....Buy the rumour sell the news..... This stuff is great for driving up the price . Things have gone a touch stagnant over the past 48 hrs

EagererBeaver

millhouse wrote: »

There was talk of coinbase adding ripple to their portfolio. Has anyone got any updates if this is correct and if so when it is likely to happen. Also is there any further news expected from ripple themselves in the coming days . ....Buy the rumour sell the news..... This stuff is great for driving up the price . Things have gone a touch stagnant over the past 48 hrs

Yeah, just the 91% increase in the last week ffs. Some people are never happy.

millhouse

So just ignore everything else I asked in the early part of my post and attack one single thing. I thought with the new year you might have changed from making complete bell end statements. We are all looking for the same result why are you always the one looking to stir things up ?

Skippy21

Complete Newbie to this,
But I'm thinkin of investing in Ripple, but have I missed the boat and should I have invested a couple of months ago?
The more research I'm doing on it the more I'm thinking I'm willing to take the risk.
I wouldn't be investing a large amount would only be a couple of hundred.
As previous instruction on this thread: I have currently set up an account on Coinbase and waiting for my money to be transferred from
my bank account. I plan then to buy Ethereum. Will set up Binance account then to purchase XRP.

EagererBeaver

There is no news. It's all rumour and speculation. All anyone here can add is anything they may have seen on Twitter or Reddit. You cannot expect the price to just go up and up endlessly.

GreeBo

asteroids over berlin wrote: »

yes indeed, i just gave options, the current tx system is set up to favour the wealthy, if you think those lads are paying full whack, you are smoking some good stuff! Inheritance tax is also 33%, it was an initially introduced to allow an equilibrium amongst the classes, when in fact it has made the rich richer and the working class Joe 33% less well off - money they could of done with, some were even made homeless due to this tax. Yes it's the law but get off the high horse too, champion! I never said to do anything, it is not financial advice, just an opinion!

You didn't mention fat cat bankers, I'm disappointed.

asteroids over berlin

GreeBo wrote: »

You didn't mention fat cat bankers, I'm disappointed.

well they are in the rich list too :pac:

Agent Smith

Seems to be making a jump today.... US awake?

Selik

Rumours that Revolut might be adding Ripple soon...

GreeBo

Selik wrote: »

Rumours that Revolut might be adding Ripple soon...

That would be.....awesome.

dashoonage

I've heard a rumor that lamborghini are getting ready to accept XRP as payment.

benjamin d

Ripple and XLM are sort of alternating surges at the moment. Neither seem to be dropping back between times though so long may it continue!

Tinder Surprise

GreeBo wrote: »

That would be.....awesome.

I'm one referral short to unlock crypto on my Revolut account

#BillyNoMates

GreeBo

Tinder Surprise wrote: »

I'm one referral short to unlock crypto on my Revolut account

#BillyNoMates

I'll be your friend!

Lg6zF1xJEvdzvcRG4JcooxT2w1CRmNPiSo = My LTC Address :pac:

Tinder Surprise

GreeBo wrote: »

I'll be your friend!

Lg6zF1xJEvdzvcRG4JcooxT2w1CRmNPiSo = My LTC Address :pac:

LMFAO

cnocbui

dashoonage wrote: »

I've heard a rumor that lamborghini are getting ready to accept XRP as payment.

I have heard they come in a box with: 'Suitable for Ages 4-12' written on it.

Skippy21

I’m still waiting on my money to transfer over to Coinbase from my bank account, do you reckon Ripple might drop any time soon, or should I just invest now instead of waiting.

Autochange

Skippy21 wrote: »

I’m still waiting on my money to transfer over to Coinbase from my bank account, do you reckon Ripple might drop any time soon, or should I just invest now instead of waiting.

That is the billion dollar question.

Skippy21

Skippy21 wrote: »

I’m still waiting on my money to transfer over to Coinbase from my bank account, do you reckon Ripple might drop any time soon, or should I just invest now instead of waiting.

Sure if only we all knew :pac:

Roughly speaking...

It peaked at about $2.70 before the weekend and then fell back down to around $1.65 the following day. It's slowly regained over the weekend 'settling' around $1.85 to $2.

Today though, it broke through $2 again and is currently at $2.16 on Binance, the highest it's been since the all time high (ATH) before the weekend. It's possible that this might be the beginning of a return to that ATH, and the lower values of the last few days were a new support level for it to increase from.

I think that if/when it dips back down to $1.90-$2, that would be a good time to buy if you were someone expecting 2 to 4 times return on your money at best.

*Not financial advice, just opinion*

EKRIUQ

I often use Google trends to see what people are looking at, I know it's not very up to-date but it shows where interest is, Here is a comparison between ripple and Bitcoin in the last couple of months.



My theory is, if it's being talked about more, it's likely to get gain, it pretty much follows the growth somewhat accurately between the rises and falls.

(Opinion only)

GreeBo

Skippy21 wrote: »

I’m still waiting on my money to transfer over to Coinbase from my bank account, do you reckon Ripple might drop any time soon, or should I just invest now instead of waiting.

I did a SEPA in under 3 hours today to coinbase.

Skippy21

GreeBo wrote: »

I did a SEPA in under 3 hours today to coinbase.

I did my transfer yesterday and still waiting for it to come through.. Had you made transfers before this to Coinbase?

august12

GreeBo wrote:

I did a SEPA in under 3 hours today to coinbase.

I did one on Saturday/Sunday, hasn't processed yet.

GreeBo

EKRIUQ wrote: »

I often use Google trends to see what people are looking at, I know it's not very up to-date but it shows where interest is, Here is a comparison between ripple and Bitcoin in the last couple of months.




My theory is, if it's being talked about more, it's likely to get gain, it pretty much follows the growth somewhat accurately between the rises and falls.

(Opinion only)

Hard to know if that's cause or effect though.

EagererBeaver

Moving sharply again. Up about 25% over the last 12 hours.

jay28

Ripple making nice gains at the moment.

SteelyDanJalapeno

Ripple doing well currently

UsBus

Wonder where Ripple will get to? Nice to see the gains the last few days though..

EKRIUQ

It's looking like a correction will happen soon, so I'm going to hold off until then. The rumours of things happening is what's driving the price up which if they come true will be great but I'm going to be cautious for now before investing more.

millhouse

Great start to the new year for ripple. Hopefully the sign of things to come. Talk of ripple being available soon on revolut , coinbase and some additional banks getting on board. All these rumours are no doubt contributing to the gains .

Dutchy

From David Schwartz (Chief Cryptographer at Ripple) on Twitter.
Serious hint re upcoming partnerships or this guy is just pumping the price. IMO he doesn't come across as the pump & dump type.

Take from this what you will, eh!


https://twitter.com/JoelKatz/status/948297551958061056

dodzy

GreeBo wrote: »

I did a SEPA in under 3 hours today to coinbase.

Skippy21 wrote: »

I did my transfer yesterday and still waiting for it to come through.. Had you made transfers before this to Coinbase?

Where you guys having problems transferring funds to CB via card ? Not happening for me either. Tells me to contact card issuer but AIB saying no issues on their end; must be CB. Looking towards SEPA Tx now. Would be handier the other way.

millhouse

EKRIUQ wrote: »

It's looking like a correction will happen soon, so I'm going to hold off until then. The rumours of things happening is what's driving the price up which if they come true will be great but I'm going to be cautious for now before investing more.

Why do you think there might be a correction ?

I think there was a bit of a mini correction already. Ripple went by the €2 marker and then dropped down around €1.55 in the past week and as we know has since climbed around the €2 mark again. I do accept there is no real substantial evidence or history to back any of this up (crypto pricing) so it's a hard call but my feeling is 2018 will be the year of Ripple & Ethereum. There will definitely be volatility , peaks etc but overall I feel we will all be in a stronger position in 6 months time.

I am no expert on this and would not have a massive understanding of the technology behind the relevant cyrpto's but amongst the hundred of articles and threads I seem to read everyday the technology behind Bitcoin doesn't seem up to a lot . There are many new Alt's which appear to perform better from a functionality perspective than Bitcoin. My feeling is Bitcoin was first to market and it's often "better to the first than be the best" but when people start to understand (including myself) what is actually going to be functional long term they will look at investing elsewhere. The hype and publicity around Bitcoin may continue for a some time but imo Ripple & Ethereum is where it will be at going forward along with a few others no doubt.

DANNY2014

Ripple CEO Brad Garlinghouse was interviewed on the bad crypto podcast worth listening too for anyone interested in ripple and xrp...

GreeBo

I really want to get out of ripple before the next correction, but its SO hard to sell when it keeps going up.
Also most of mine is on Kraken who have still disabled stop loss trades!

Time to move exchange I think...

dashoonage

Since when have Kraken disabled stop loss trades?

Tinder Surprise

GreeBo wrote: »

I really want to get out of ripple before the next correction, but its SO hard to sell when it keeps going up.
Also most of mine is on Kraken who have still disabled stop loss trades!

Time to move exchange I think...

I'll take them off ya!

Ph6zF1xJEvdzvccooxT2w1CRmNPiSo = My XRP Address :pac:

Thargor

Motoring along, ETH set a new ATH last night and came within 4 billion of taking back the #2 spot but that's a 17 billion gap now and it's heading to 3 dollars...

GreeBo

Thargor wrote: »

Motoring along, ETH set a new ATH last night and came within 4 billion of taking back the #2 spot but that's a 17 billion gap now and it's heading to 3 dollars...

Do you think we will see $3?

I'm seeing ~$3 as the right long term price for this guy, so I;d expect it to hover between there and 2.50 for the next few months.


So now the question is, whats next?!

jon1981

GreeBo wrote: »

So now the question is, whats next?!

This is a good question for all Crypto and the speculator. Do they have patience to wait it out or will they sell up and move on to the next opportunity. If we see very little new money coming in 2018 what could happen is lateral movement between the assets and more extreme volatility.

Though I think everyone is banking on lots of new money coming into the space in 2018.

If 3USD really is the long term ceiling (and we are nearing it) we could see a massive sell off as people look for more better opportunity. Alot of FUD about on XRP not being able to reach beyond 5usd (due to the market Cap already) and that's assuming no new rockstar coin comes in and challenges it.

I'm holding for now sitting on 4x gains, not sure what to do myself.

GreeBo

jon1981 wrote: »

This is a good question for all Crypto and the speculator. Do they have patience to wait it out or will they sell up and move on to the next opportunity. If we see very little new money coming in 2018 what could happen is lateral movement between the assets and more extreme volatility.

Though I think everyone is banking on lots of new money coming into the space in 2018.

If 3USD really is the long term ceiling (and we are nearing it) we could see a massive sell off as people look for more better opportunity. Alot of FUD about on XRP not being able to reach beyond 5usd (due to the market Cap already) and that's assuming no new rockstar coin comes in and challenges it.

I'm holding for now sitting on 4x gains, not sure what to do myself.

Similar position to me.
Im thining of shifting my XRP back into XLM, ADA and EOS.

I think $5 would be a ridiculous market cap, but I dont think any of the new money looks at things like that, so it could easily keep going.

Whelo79

I think there is bigger chance for % growth from XLM now. It's blowing up already but I think it will double it's current price by end of January.

Gryzor

XLM and ADA gone bananas aswell, both at ATH.