Quote from: Bitfling on November 17, 2019, 11:44:21 AM

Quote from: nelson4lov on November 17, 2019, 11:24:54 AM

Quote from: Nnuego on November 15, 2019, 09:54:06 PM

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price. Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans

While you're getting all bullish and all, don't forget XRP team is always ready to sell their heavy bags to noobs. In 2019 alone, XRP has sold more than $250 Million worth of XRP! . And there's no telling how much they would sell in a bullish run. I don't have any doubt about XRP making a run but I doubt it'll be as huge as people are speculating it to be.

Agree, one of the factors why the price of XRP is still stagnant and perhaps one of the factors of the drastic drop in prices from $ 3 to $ 0.26 is the large ownership of coins from the founders. XRP may be a coin that has great liquidity but in my opinion if an altseason occurs, the price spike will not be as big as 2017

It doesn't really matter how many coins developers now have, because XRP is a centralized coin and they can make how much they want and whenever they want extra coins. They can create unlimited quantities, same as US Central Bank can print unlimited quantities of dollars. That is why XRP was created and this is an example of how banks operate.