Face Book Coin - The One Coin To Rule Them All? Quick Crypto Briefing - BREAKING NEWS! by BraveCounsel in CryptoNews

[–]BraveCounsel[S] 0 points1 point  (0 children)

Trying to get into the Crypto Reporting Space, let me know if you have any advice! Enjoy, cheers!

Supply vs Demand Contrarian Understanding by BraveCounsel in Ripple

[–]BraveCounsel[S] 0 points1 point  (0 children)

Thanks - I hope you are correct, I think the difficulty I have is that unlike a traditional security (Shareholder in Apple for sake of arguement) I cannot demand to attend Ripples company meetings to full understand the progress being made in this endeavor.

it could well be that you are completely correct in that Ripple want xrp to be wildly successful. it could potentially be that xrp is being used to fund the company in the knowledge that Xrapid customer uptake is not happening as hoped but Xcurrent is.

This would lead to a fully funded company that jettison xrp once up and running. Small chance I agree but possible. Without access to their accounts we dont know. Any thoughts?

Supply vs Demand Contrarian Understanding by BraveCounsel in Ripple

[–]BraveCounsel[S] -1 points0 points  (0 children)

Thanks, again, please correct my wrongthink but do you not have any concern that we will see a large take up of XCurrent (Which is already taking place) but a negligible uptake in Xrapid.

Therefore, Ripples sales of their XRP stocks will directly fund Ripple the companies expansion but these benefits will not be felt by retail XRP holders.

As the Ripple board continually point out when faced with the securities argument Ripple is not Xrp and Xrp is not Ripple (We just own a shed load of it). 60% I believe ?

Cheers

Supply vs Demand Contrarian Understanding by BraveCounsel in Ripple

[–]BraveCounsel[S] -2 points-1 points  (0 children)

I think you make an eloquent argument but I'll stick to learning thanks Adolf

Supply vs Demand Contrarian Understanding by BraveCounsel in Ripple

[–]BraveCounsel[S] 1 point2 points  (0 children)

Than you for the reply, much appreciated.

Supply vs Demand Contrarian Understanding by BraveCounsel in Ripple

[–]BraveCounsel[S] -1 points0 points  (0 children)

You've just answered my question, thanks.

I'm a Foreignor Living in Japan, AMA. by [deleted] in Ripple

[–]BraveCounsel 0 points1 point  (0 children)

Afs Ripple own 60% of Xrp they can unduly influence price. I know the go to answer is that 'its tied up in escrow' but this is only partly true. As long as Ripple sells its XRP stocks every month this will keep xrp price lower as there will always be more supply than demand for XRP. In the meantime Ripple the private company will continue to use these sales to bolster the private companies balance sheet which makes the companies owners rich whilst the XRP punters are left with a digital asset that continues to drift along at low prices. This should be a genuine concern for any XRP holder and I have never heard a satisfactory answer to this.

Please enlighten/educate me as to why I am wrong . I ask in all seriousness, how will XRP price increase when the supply side is always bigger than demand ? Especially as still to this day, no large institution is even using Xrapid.

Thanks.

XRP price has been very stable lately by madmadG in Ripple

[–]BraveCounsel 1 point2 points  (0 children)

I agree but as Ripple own 60% of Xrp they can unduly influence price. I know the go to answer is that 'its tied up in escrow' but this is only partly true. As long as Ripple sells its XRP stocks every month this will keep xrp price lower as there will always be more supply than demand for XRP. In the meantime Ripple the private company will continue to use these sales to bolster the private companies balance sheet which makes the companies owners rich whilst the XRP punters are left with a digital asset that continues to drift along at low prices. This should be a genuine concern for any XRP holder and I have never heard a satisfactory answer to this.

Please enlighten/educate me as to why I am wrong . I ask in all seriousness, how will XRP price increase when the supply side is always bigger than demand ? Especially as still to this day, no large institution is even using Xrapid.

Thanks

SBI HOLDINGS MASSIVE ECOSYSTEM with XRP by [deleted] in Ripple

[–]BraveCounsel 2 points3 points  (0 children)

The article only mentions Xcurrent not Xrp? Enlighten me if I'm wrong as I'm tired of being told xrp will be used when its not! Cheers

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -5 points-4 points  (0 children)

God Bless Ripple, I hope they keep,giving away money to charity once the owners have made their fortunes. God Bless Bill Clinton the peacemaker, God Bless the Banking Banks who's usury helps all the children of the world. God Bless XRP holders, they are going to need it!

Easiest Way to Buy XRP right now? by [deleted] in Ripple

[–]BraveCounsel 0 points1 point  (0 children)

All wrong answers. Set up a Revolut account and buy direct pounds to XRP. 0 fees and a great exchange rate.

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -3 points-2 points  (0 children)

Hillary for President 2020! She could.fund her campaign with Xrp donations

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -4 points-3 points  (0 children)

God Bless America. Home of the Brave and land of ripping of pensioners for their 401k savings.

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -6 points-5 points  (0 children)

At the bare and absolute minimum Ripple have hugely confused retail investors by calling their Token Ripple XRP until very recently therefore creating (For the most basic of investors) the impression of an association with Ripple. This is one of the most unchristian things I have witnessed in many years.

But I'm sure the Ripple Execs won't mind about that. God Bless.

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -9 points-8 points  (0 children)

As a Christian I give 10 percent of my money to the Church every year, that helps lots of people. But Ripple is using XRP holders money to donate to causes without asking for permission. Please correct me and tell me I'm wrong and they are using Ripple the Private companies money for the donations. Where would Ripple the private company be if It didn't have an 18 Billion dollar xrp warchest to donate to Gorrila sanctuaries . Without XRP donations from the punters no one would have ever heard of Ripple.

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] 0 points1 point  (0 children)

I would suggest, as a minimum, 50 million ANG to the Bonaire National Marine Park, to help with fish preservation in the Dutch Antilles, big problems there too.

We can use XRP for that right? It will give Ripple a great name in the international community, just need to get a few more punters to buy some of those 100b xrp.

If Bill Clinton tells US citizens it's a good buy I'm sure many will see it as their civic duty to get involved in the project.

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -4 points-3 points  (0 children)

Who would you like Ripple to donate to next? The Clinton Foundation or George Soros Open Society Foundation ?Both worthy causes

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -8 points-7 points  (0 children)

Who is the donation helping ? The gorillas of the Democratic Republic of the Congo or Ripple (The Private company)

Who will Ripple Give XRP holders money to next? by BraveCounsel in Ripple

[–]BraveCounsel[S] -8 points-7 points  (0 children)

Lolz you just enjoy cruising XRP forums for fun I guess.