State of the crypto market – three days before jubilee !! 3/3
As I said on this site NUMEROUS times: XRP is the key digital asset of the future !! It will be the INTERNATIONAL BRIDGE ASSET for transfering every kind of digital value around the planet !! Central Bank Digital Currencies, Bonds, Stocks, Commodities, Derivatives, other cryptocurrencies like Bitcoin, …. ALL THE MONEY !!! XRP will be the single most liquid asset of the planet !!!
As you can see XRP at the moment is at a critical juncture:
It has formed a huge 3 1/2 year CUP & HANDLE formation – just as Silver has formed a 40 year formation !
We have broken out today of the 6 months handle but are battling with some resistance at the 1 dollar mark….
Once it will blow up … and it will – trust me – the implied Price Objective of the chart is at around 20 USD.
This will happen with or without regulary clarity I guess. The SEC drama is ongoing but they are starting to look as clowns by today.
However, once regulary clarity will be given by the U.S. (the rest of the world has already given it), XRP will reach its true potential of 100 $ + and ultimately 4 digits are not out of the realm of possibility.
Some people will call me crazy, but after having researched more than 3 years, I have come to this conclusion.
Hope this helps. God Bless !!! and HAPPY RESET TIMES !!
Yours truly, dangermouse.
“one Bitcoin ($46,000) is worth nearly twice as much as a thousand oz bar of silver – even though there are nearly ten times as many Bitcoins as there are thousand oz bars of silver and only one of which is required to sustain modern life as we know it.” Ted Butler
I totally agree that Bitcoin is wildly overpriced !! I do NOT own Bitcoin !!
Various entities bought BTC, like TSLA and MSTR, and so in effect they trade like BTC proxies.
Has ‘anyone’ done that with XRP?
XRP purchases have been mostly over the counter transactions and held quite secret. SBI has pourchases around 10% of XRP (around 10 Billion USD worth). I advise you too look up who owns SBI and find out institutions own XRP. But you are right: the marketing campaign has been mostly around bitcoin and ether. For some reason almost NOBODY is talking about XRP. The reason for that can be found in my post !! Happy Reset Times, my friend !!
Who is SBI? What are you alluding to with “Happy Reset” and “three days before jubilee”? Why keep all of your friends here at the tent in the dark?
Jubilee?! Does that mean they will upgrade my Obama phone!
SBI Holdings, sometimes referred to as Strategic Business Innovator Group, (TYO: 8473) is a financial services company group based in Tokyo, Japan.[1] The group’s businesses and companies are held primarily at SBI Holdings. The company provides financial services in a wide range of categories, including securities, asset management, banking and insurance and has formed an Internet-based financial conglomerate.
MAJOR SHAREHOLDERS: https://www.sbigroup.co.jp/english/investors/share/overview.html
BNY MELLON BANK
CUSTODY BANK OF JAPAN
NORTHERN TRUST COMPANY
JP MORGAN
Yes !! Your mobile phone will soon be able to exchange peer-to-peer value with other phone owners, as easy and as fast as a WhatsApp message ! Instantly – globally – without cost !!
Question from Dennis
Ask Danger Mouse about this please. I tried to buy XRP today on CoinBase, and can’t.
https://blog.coinbase.com/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57
SEC lawsuit; XRP delistings from exchanges, negative publicity, …. All this is meant to shy away investors, discourage retail crowd from owning this superior digital asset. An American can’t buy this asset and is left out from this opportunity. However there is still an exchange where you can buy it: http://www.uphold.com