Post
Topic
Re: [XRP] Ripple Speculation
by
SamCoinstein
on 21/11/2017, 00:53:16 UTC
I bought my ripple @ 0,14$ and i will hold at least one year, i think ripple will double it`s price in the next months

That's a really good entry price and you could've already sold for double at a recent opportunity! I would advise against holding out for too much profit, while it may reach somewhere in the mid 30s I do not see it going any higher than that.

I'll *have* take to your advice based off your thought provoking analysis!

Volume and market cap look promising - support is here. Only thing that is lacking is the price to match it. Lots of action this month, breaking through the mid 30s is not impossible by any means.
If ripple is used as a fee to send a transaction, and ripple labs is trying to sell their tech to banks, wouldn't they want ripple to be low, so they can say it costs less than a cent to send a transaction? xrp is obviously manipulated by huge whales

It does not cost more to send a transaction if XRP is worth 10 USD. They need the price of XRP to be much higher because of the liquidity that is needed to send large transactions. Thats why XRP is only used by small fish at the moment. AMEX and other big fish will use XRP to save money as soon as there is liquidity.