Quote from: vsyc on August 14, 2019, 11:57:59 PM

Quote from: ophyrim on August 14, 2019, 08:45:18 PM

Quote from: vsyc on August 14, 2019, 06:25:00 PM

Meanwhile most cryptos still up from their lows in 2018, XRP managed to set a new low since 2018, 0.2428.

Congratulations

I think this is the final capitulations. Which means the start of XRP bull run is near. Look at the long position of XRP. down more than 40% since all-time high. Still, the fundamentals are very very strong and diverge with the price.

Fundamentals? xRapid has laughable volumes, even more, volumes that no way to track. But!

For sure you can find dead projecta whom Ripple gifted Billions of XRP and they dump 1M XRP daily, strong fundamentals.

What has xRapid to do with XRP ?!

https://cryptoslate.com/former-ripple-employee-speaks-out-xrp-price-doesnt-reflect-xrapid-use/

Even if every bank used xRapid the price of XRP wouldnt necessarily increase. The thing that drives the price of XRP is peoples perception of adoption, which would probably increase the price, the source said.

XRP is purely speculative with no real usage except the one to fund Ripple operation and the management team sea side villas and private jets...