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  • Daily Ripple/XRP Discussion Thread 09/19/18 [Questions and Price Predictions] September 19, 2018
    Hello! It's Wednesday. Welcome to our daily discussion thread. You can discuss anything related to Ripple and XRP here. Before posting, read the r/Ripple rules on the sidebar and also check out the thread containing helpful links: https://redd.it/7l94ng If you see any rule-breaking content, please report it. Here's a list of social channels: Telegram Discord, […]
    /u/AutoModerator
  • 1000 mile view, what does the future hold? Macro economic outlook, XRP. September 18, 2018
    We're one financial crisis away from seeing a massive bullrun. I estimate max of 2 years before we see a major correction in US markets. We're in the longest recovery ever outside of post ww2. The easy credit an low interest rate environment created by the FED was just put in over drive in 2017 […]
    /u/lj26ft
  • WARNING : Coinsquare (CAN exchange) stole 14k XRP from me September 18, 2018
    My verified account got 14k xrp stolen in two withdraw on september 11th at 10 PM and and september 12th at 1 AM. The email i use for this is my gmail and i am supposed to have confirmation emails on it, which didn't happen. No the thief did not log in my gmail account […]
    /u/Tremblay2112
  • Dan Morgan explains September 18, 2018
    submitted by /u/Jmontana23 [link] [comments]
    /u/Jmontana23
  • Xrapid and short squeezes September 18, 2018
    Hi all Will xrapid and the spikes and dumps associated (if xrapid really is the reason) cause XRP to be difficult or impossible to successfully set short positions on? Won’t the positions be compromised each pump and cause liquidation? I’m not into shorting and all this bitmex kind of business myself. submitted by /u/zynasis [link] […]
    /u/zynasis
  • VISA and MasterCard forced to pay $6.2 billion for over-charging merchants! This is why we need Ripple! September 18, 2018
    submitted by /u/6maud [link] [comments]
    /u/6maud
  • Interesting hedge possibilities? September 18, 2018
    submitted by /u/Jmontana23 [link] [comments]
    /u/Jmontana23
  • xCurrent vs. xRapid September 18, 2018
    Don't mean to be a drag on you Ripple ninja's as I'm sure my question is beneath your in depth Ripple knowledge!... However, can someone clarify what the difference is between xCurrent and xRapid? submitted by /u/borderfox101 [link] [comments]
    /u/borderfox101
  • Rally volume coming from ZB.com with BTC pairing - anyone knows about the exchange and what's happening? September 18, 2018
    https://coinmarketcap.com/currencies/ripple/#markets shows 12.8% from ZB.com, haven't heard of the exchange before. Anyone know what is happening with the exchange? And, another important data point - DASH/Tether pairing leads ZB.com trading volume, not XRP/BTC. Edit: 430 mEUR 24hr volume and about 60 mEUR from ZB submitted by /u/lightsonsun [link] [comments]
    /u/lightsonsun
  • Whats up with the market rally? September 18, 2018
    XRP is popping 13%, while the rest of the market is flatlined. I don't believe this would simply reflect an oversold sentiment/reversal - there should be a news item to back this up. Anyone know what is going on? submitted by /u/Undershoes [link] [comments]
    /u/Undershoes

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What Is Ripple ?

Ripple denoted as XRP is a peer to peer, open source and decentralized distributed system that transmits digital currency. Allow exchanges, payments, and remittance of funds. Ripple can be said to be both a currency and a payment system. Many banks, such as Santander, UBS, and UniCredit have adopted Ripple(XRP) as a payment network.

If you think, the two cryptocurrency giants ”Bitcoin and Ethereum” have taken all the juicy pies in the cryptocurrency market, you are in for a surprise because a customer-oriented currency has entered the arena and has taken the lead based on the current market capitalization. Ripple, the third largest cryptocurrency is currently worth over $10billion, and its token price has soared up to 3,300% over the last one year. This is an authoritative information you can bank on.

Ripple-like Bitcoin and Ethereum, all use a decentralized distributed system to transmit digital currency, providing transparency, security and immutability without the interference of the third party. But the similarities didn’t go beyond that; Ripple designed a unique platform for their customers.

TEAM

Ripple has a dynamic team who are so dedicated to making Ripple(XRP), a force to reckon with in the cryptocurrency market. We have on their team, Mr. Brad Garlinghouse (the CEO of Ripple and a member of the Board of Directors), Asheesh Birla(VP of Products).Mr. Patrick Griffin(the SVP of Business Development), Brynly Llyr(General Counsel of Ripple), Monica Long(VP of Marketing), John Mitchell(SVP of Global Sales), Antoinette O’Gorman(Chief Compliance Officer), David Schwartz(Chief Cryptographer), Stefan Thomas(the CTO), Marcus Treacher(Global Head of Strategic Accounts) and Ron Will(Chief Financial Officer).

 

Practical Uses of Ripple

Banks use XRP for financial transactions.

Ripple(XRP) is bringing a solution to the problem of international remittance.

Since some banks have started adopting blockchain technology, XRP is a plug and play solution to most financial challenges banks face.

You can use Ripple as a currency to purchase goods, transact with any buyer or seller for anything online.

XRP is used to make payment and source liquidity.

 

Mining of Ripple

When a cryptographic problem is solved by a miner or a group of miners as being practiced recently, a new block is being added to the blockchain. The miner or team of miners are being rewarded with the commiserate amount of ripples. Please note, anyone can mine ripple as long as your hardware meets the requirements, you have a stable internet connection and also have the technical know-how.

 

How Does the Mining Work?

XRP is made explicitly for payment and transfers of currencies, but people are getting more interested in mining ripple.

 

Here are some ways in which one can mine ripple:

Cloud Mining: This is one of the preferred methods of mine ripple. All you to do is to connect to a  datacenter with a shared power and begin to mine. The advantage of this is that you don’t need a hardware for mine. Many mining companies are using this platform today to scam people; so one needs to be careful. Carefully choose a trustworthy company, you can rely on and start mining ripple.

  Mining Pool:  This is one mining method, I recommend to newbies in the mining business. All you need to do is to join a mining group(pool) to start mining ripple. You can find such mining pool from any cryptocurrency forum. When the mining pool solves a cryptocurrency problem, the reward of a fixed amount of ripple is given to the mining pool, and it will be shared based on one’s effort in resolving the problem.

Notes for investors

In January 2014, the ripple was $0.022, and as of August 2017, the price has risen to $0.155. It shows a steady progress but on a snail movement. Cryptocurrency analysts have predicted that the price to skyrocket in the coming months and their prediction was based on the developmental stride the ripple team has made in the last couple of months.                                                                         The area ones need to consider whether to invest in ripple or not, is their partnership with some notable banks; it gives confidence and hopes that there is a future in ripple.

MUST READ!

This little report about ripple should not be seen as an endorsement to invest in ripple. Cryptocurrency investment is speculative and unpredictable, and it involves risks. The market is full of uncertainty, susceptible to attack and capital loss. There are many parameters one needs to check before investing. Don’t invest only based on what you have read here, but invest based on the fact that, you have sought advice. I wish you success!