Loading ...XRP on the way to $19+
Hey GTs,
This guy’s video just popped up in my YT feed today. I’ve heard XRP, in the nearer term, to $5 and $12 but this is the first near term call to $19. Yes, I’ve heard of the $330 and $700 and $10,000 XRP calls but those were just best guess estimates of a 5-year top. This had some charting behind it. Funny enough, the German clip he showed, on whatever German financial TV show, had Fib retracement numbers. I have yet to see Fib numbers on an America financial TV show and it made me think, that this is exhibit #994 of THEM keeping Americans dumb on purpose. https://www.youtube.com/watch?v=rDBOElwSs7U
Hi Mike P…Long time no see
Thanks for checking in
Is there an ETF you know of for XRP or does one need a Crypto Account
Hey Fully,
The video mentioned that several XRP ETFs are about to launch. I thought they were going to launch 45 days ago but the launch date got pushed back. The BOA CEO lumped XRP payments into being no different than Apple pay, pay by Debit or CC. However that’s not entirely true, eh, those run on the dollar system. To pay with XRP and to receive payments with XRP would be outside of the dollar system altogether but through exchanges, XRP could be exchanged back into dollars – if someone wanted to. What I perceive is that we’ll see two systems running at the same time, for a time, to move the financial system (and the public mindshare) onto crypto. We’ll be excited at first but longer term, everything will be blocked chained – everything. Every piece of whatever we own. This ties into the larger one world government and total control over the world desire of the technocrats (which is why I think they, the technocrats, are cozying up to Trump) but I believe one world government is a few years away and it might come in phases/stages and then all at once.
I use coinbase. Some recommend taking XRP off the exchanges into a local wallet.
XRP is not like BTC. Ripple (XRP) is a mechanism to exchange different currencies without the ForEx rates.
ie USD to XRP to GBP in a fraction of a second. On a blockchain of course. The fees are minimal and are “vastly cheaper” than using the Western run SWIFT system. Will it compete with SWIFT going forward? That is for one to believe.
Here is a very simple explanation. Do your own research.
There are only so many coins. If my memory serves me the number is 200 million coins. So how does the price of the XRP coin increase?
As each transaction occurs a small amount called the “burn rate” is deducted from the total. This is all internal calculation. Fewer coins are worth more. As XRP becomes a popular vehicle for foreign payments and trade, the XRP coins increase in value to meet the needs of Billions of currency transactions. If XRP does not catch on, it goes nowhere. XRP and Stellar are recently ISO approved for transfers.
I set up a Coinbase account, dropped some cash via Interact and bought different amounts of XRP as the price fluctuated.
Only that which I am willing to lose. Aussie Digger got in early and was the one who introduced me to XRP and how it works.
Thanks Mike and Columbia
Lets keep an eye open for the ETF
PPlease post it when it’s available
You can buy it through Robinhood.com Pretty easy to set up account.