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Author Topic: Fiat Money & Cryptocurrency: XRP in the Mix  (Read 184 times)
kulsuma
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August 29, 2018, 05:42:55 AM
 #21

Fiat money has government approval. On the other hand, cryptocurrency dies. But it doesn't effect on its trading or values. On fiat money the value is up to the relationship between the dealers so both are different and useful in their own ways it's up to us which one we prefer.
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Hodor7777 (OP)
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September 10, 2018, 02:16:18 PM
 #22

Are you wondering what impact Turkey is having on Crypto?
In your article you ask the question of sudden loss of purchasing power that fiat currencies occasionally suffer. I guess that's what you call hyperinflation. Maybe it won't happen in the US, at least not suddenly, but there are other countries where this situation has already happened. Turkey is certainly in the danger zone now. Cryptocurrencies could come to the rescue. So I'm not surprised of the volume growth of the Turkish crypto exchanges.



I think cryptocurrencies *are* coming to the rescue for many in parts of the world affected by political - and economic - conflict. 

Thank you for the comment!

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October 27, 2018, 04:40:12 AM
 #23

Because the market is now Bearish, it's very difficult to make coins rise in price.
Almost all of the world when the ICO arrived on January 2018 to August 2018 all failed.
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October 27, 2018, 02:52:25 PM
 #24

In the Q3 2018 XRP Markets Report, the company reports that it sold $ 163.33 million in XRP in the third quarter, more than double the $ 73.53 million sold in the previous quarter.

Sales volume in the third quarter represented 0.172% of the total volume of XRP tokens traded globally, while in the second quarter this number was 0.125. In the third quarter, Ripple released 3 billion - 1 billion per month - of XRP without escrow, equaling the same number released in the second quarter. Ripple states in the report that the remaining 400 million XRPs that have not returned to the depot are being used in different ways to support the ecosystem.
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October 27, 2018, 02:55:03 PM
 #25

I advise you to start getting used to cryptocurrencies, because cryptocurrency in the near future will bring you serious opportunities that cannot be in fiat money, this is a normal situation for cryptocurrencies
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