have heard that companies will be only using ripple tech
then whats the use case of xrp..
- Yeah, banks and companies are only interested in the technology of ripple, this technology makes payments become faster, ignore the traditional methods and help to send and receive money takes place in seconds
- With coin ripple, many people say it has no value and no potential, and I have many reasons to believe that what they say is true because the value of the ripple has dropped for a long time, any good news can not help it rise again, the whale pumping it up to make money, and now it's back to its real value, I also used to be a person who believed in ripple but it made me disappointed
My first purchase was on 4/3/17 where it was about 6 cents. I bought about 20k XRP, it was almost 2 months at 3 cents and I did not get discouraged. I held it and when it went up by 40 cents, I thought it would go up a lot more, but it was falling and falling and I sold at 31 cents 12k of xrp.
I invested $ 2,000, took out $ 4,500 and left a portion of xrp left.
Today I have 8,500 xrp and I believe that it can someday reach 1 USD or 3 USD and in some future (5 ~ 10 years) 1,000 USD.
I may be dreaming, but I have an explanation.
Some idiots think banks will not use the xrp token, even with so much news saying XRP would save thousands of dollars. Even with so many and many institutions adhering to the Ripple company and even in so many conferences showing the power of processing and transfers ultra fast and more economical than any other altcoin.
See today at coinmarquetcap: Total Supply 99,993,667,738
There are over 100 billion of xrp, each transfer no matter the value, XRP is burned and will always be burned.
Imagine when banks start using the XRP token,
imagine how many transfers could occur in minutes, hours, days, weeks, and months
XRP is the only token for actual and non-speculative use as BTC.
XRP is not a speculative token
I read several bitcoin forums, nobody sells, nobody makes payments. They just buy and handle, some buy and sell upon and buy when the price drops.
Some say only XRP crashes? observe the market of all altcoins.
ETH - has already reached 395 USD and fell by 219 USD and currently stands around 290 to 340
STR - already reached at 0.06 USD and fell by 0.01 USD and currently stands around 0.02 to 0.04
LTC - already reached 85 USD and fell by 45 USD and currently stands around 50 to 56 USD
Just look at the market, altcoins all occur the same thing. XRP was 0.03 USD for almost 2 years and this year was recognized its value, were years of hard work to be among the 3rd value altcoin.
Now imagine when the world adopts XRP as a worldwide payment method, imagine burning and burning XRP day after day. Recalling that at some point only 40 billion xrp will be in circulation and 60b will be blocked and 1b will be released per month.
Anyone who thinks that XRP is not real and that they are only thinking about Ripple technology and that XRP does not matter, so neither should I be here saying the same thing every day and discouraging those who believe in a company.
Remember who more than 2 steps may trip, Google, Apple, Facebook took years to be recognized and adopted around the world. Ripple can also take a few more years, so do not sell it, just buy it on the dives alone and accumulate as much as possible.
