All about Ripple
Haha yeah, Iâm pretty gutted I didnât manage to buy Ripple when I wanted to back in September but I was broke unfortunately.
I donât think itâll go as crazy as LTC/BTC/ETC because Ripple the company controls the supply and it is not in their interests for XRP to become too expensive as they want it to actually be used by the banks etc. The tech behind it is super legit though, and I spy big things for it in the future.
It can settle global transactions in 4 seconds! Thatâs huge! Some big banks have been involved in trials with it and are wanting to extend the trials. Itâs all pretty cool stuff.
Do we have to use Bitcoin to purchase ripple too?
That put me off with IoTA
I bought ripple using fiat currency off Kraken when mydeposit showed up lol.
Nah you can buy it normally by depositing Euros, Yen or Canadian Dollars on Kraken.
I canât see an option to deposit GBP. It took ages for them to verify me and I imagine my money order will take ages to go through when I finally get to make it.
You must be doing pretty well on the 8600 ripple you bought haha
Yep, the gains are looking healthy. Over 700pct on my main holdings.
Ripple and ethereum are the only âcoinsâ I see having a future. The rest seem there for the ride mainly.
Ripple and ethereum have proper utility. Obviously there are others, but I havenât really invested my time into reading into them.
I did a SEPA transfer to get some euro balance. Showed up within 16 hours. Then just bought ripple with my euros.
Ok cool, thatâs good to hear. Looks like Iâll be ringing up my bank tomorrow to try and arrange that. Probably wonât come in until Monday/Tuesday then but hey ho. Hopefully thereâs a bit of drop or drawback.
Personally, I think ripple will correct downwards a little bit. I never buy on a high like it is now.
Well a lot of people were saying that it wouldnât hit $1 and it would never hit $1.50 and now itâs just hit $2.
I donât know, I might just wait it out a bit, but at the same time with the pace itâs got going right now⌠who knows Ripple the company might flood the market or something to bring the price down as itâs absolutely not in their interesting for XRP to go the same way as the other big currencies.
Bought Raiblocks at 3$ DECENT
Whatâs Raiblocks?
No idea.
Basically decided to put a bit of money in altcoins earlier in the month. Did some research and went with Etherum, RaiBlocks, OMG, Enigma, Wabi and I hold an etf bitcoin tracker which was my gateway.
Sounds like a great plan to put money on a coin you have got no idea about
On another note I had ripple when it was in the cents, sold it just under a euro. Best thing is just to hold coins as I now would have had more profit
Yeah Crypto is definitely one of those âset and forgetâ types, theyâre all just too volatile and uncertain.
Iâm kicking myself too because I wanted to invest in Ripple back in September but I was broke.
Oh well!
I was being facetious.
Ive just started using Binance and bought into ripple.
Question, do I need to move the coin to a wallet?
You should never use exchange wallets in case they get hacked. If you transfer anything always copy and paste!
LOL all this time the bankers shouting scamâŚnow its like âcant beat them join themâ why the fuck would people use theirs if there is the original out there that is performing better!
Because at least the Bank of England is actually pretty reputable and has a lot of serious backing rather than a bunch of 20 year old developers who are trying to figure things out as they go along and who may or may not be ripping people off at the same time.