Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
Branko
on 30/08/2019, 07:53:09 UTC

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 wouldn’t necessarily increase. The thing that drives the price of XRP is people’s 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...


Bold part is even more true for BTC and many other coins. However, if XRP would get real adoption, price has to go up for purely
practical reasons...it would not be practical to make billion USD worth transactions using XRP at current price