Ripple XRP, price needs to increase drastically to have available liquidity at all times. At its current price, there is not enough liquidity to solve huge issues and with the projects that they are apparently going to be taking on, it needs to increase drastically.
That is what David Schwartz means when he says "the bigger the price of XRP, the bigger payments the firm can target". In other words we have a low supply and what the current price is at, it will not do XRP any justice.
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This is my personal opinion, and is for entertainment purposes only. I am not providing any persuasion towards your investment, nor is this financial advice.
XRP trades on many exchanges which all have different prices at some times for XRP. Some exchanges can trade at a premium price depending on what the buyer is prepared to pay and what the seller is prepared to sell. The market is made up of public order books and private order books which can all have an effect on circulation of xrp. The last traded price of XRP is important because it is basically a reference for the next price. If there is an arbitrage where XRP trades at different price levels on different exchanges this arbitrage will evenutally get closed down but it is certainly possible for XRP to go up a lot even without massive volume. If an outlier trade is put on to sell xrp at $334 and a buyer comes along and is prepared to pay that price then that is the last traded price. With this happening sellers would increase their sells to reflect the new sell price of $334 and eventually if the buyers want to get filled they would have to meet this price for the buy and sell to be matched. Though XRP is very liquid it is not impossible that this could not happen given the Crypto market doesnt have regulation and there are no maximum limits to how much prices should move in a day like in the stock market or other fiat markets.
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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
This is different from any video I've done. For one, it's longer but it also gets more in-depth regarding what we can expect to see from Ripple and OTHER Blockchain Companies in the future. Pay close attention so you don't miss the insider info I received from a viewer who works in the Financial Industry. What she has to share will make you want to HOLD ON TO YOUR XRP!
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We take a look at the top 8 reasons that Ripple and XRP are likely to make massive gains this year.
XRP is the second largest cryptocurrency by Marketcap in something of a battle for the spot with Ethereum over the last year. XRP has its share of fans and haters, when it launched it promised to disrupt the international payment settlement industry and bring low fee high speed transfers to financial institutions.
To really see the advantages that Ripple offers then you first need to understand what banks are currently doing when they send your money abroad.
Ripples technology was designed to solve all of those problems and very quickly Ripple began onboarding financial institutions in Japan and South Korea. Ripple was going mainstream and big financial heavyweights were becoming interested in the technology, Co-Founder Chris Larsen briefly became one of the world’s richest men.
It’s taken almost a year but Ripple has addressed those issues and made huge strides forward in the adoption of not only their RippleNet technology but in the adoption of xrp. So let's take a look at the top 8 reasons that Ripple is going to Moon.
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xCurrent 4.0 will seamlessly integrate with xRapid.
A transformation equivalent to the impact of the printing press and the internet is currently underway. Ripple is the company at the epicenter of this paradigm shift. Do yourself a favor and start learning about the changes underway. Your financial freedom depends on it.
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Ripple XRP MUST Increase | HERE'S WHY - Another PRICE PREDICTION
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Here's why XRP Has to Grow in Value and is intrinsically valuable to function with xRapid. If we want to solve this 24 Trillion Dollar Problem within the SWIFT NETWORK of global settlements, the value of XRP has to sky rocket. Banks and institutions need to hold at least 1 day's worth of transfers in XRP as well. There is a HUGE misunderstanding in the cryptocurrency and XRP Market Cap. It is simply what the market decides to buy and sell at, not the amount of money actually put in an asset.
I provide additional xrp price predictions in the year to come. These price predictions are my opinion ONLY and always do your own research and don't take what I say as advice. I consider, Ripple products, COIL, COBALT, CODIUS, xPring, Hodlers, coin burn, Wirex...the use cases are limitless! Is the market cap is subject to manual intervention?
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**DISCLAIMER**: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing. For Entertainment Purposes Only.
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