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Still posting self-made charts I see.
Here is a chart but not self-made, source: https://coinmarketcap.com/
Here is a chart but not self-made, source: https://coinmarketcap.com/
I don't like Ripple for few reasons: It's "The banking" coin and devs have a way too many coins to drop off.
In past few months XRP already lost 66% of it's value and I don't see a reason to goes up. My guess is that Ripple is slowly going to its Jan level of around 1000 satoshi.
It's not viable.
In past few months XRP already lost 66% of it's value and I don't see a reason to goes up. My guess is that Ripple is slowly going to its Jan level of around 1000 satoshi.
It's not viable.
People here don't like Ripple (for whatever reason) that's a fact, now I would keep an eye on Ripple, they're keeping quiet, but they're working hard behind the scene:
https://twitter.com/emy_wng/status/895737169884479488
I already posted this somewhere else on this forum but:
Quote
I don't understand the logic of people saying there is an important supply.
Current price is $0.16 with 38B circulating supply.
Would you prefer a price of:
$1.6 with 3.8B circulating supply
or a price of
$16 with 380 million circulating supply
or a price of
$160 with 38 million circulating supply
Because in all cases that's exactly the same.
Don't forget there is a fixed number of XRP that were created at Ripple's inception and no more allowed to be created by protocol's rules. Also XRP is deflationary (small amount of XRP gets destroyed with each transaction).
Ripple on decentralization:
https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/
https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/
Current price is $0.16 with 38B circulating supply.
Would you prefer a price of:
$1.6 with 3.8B circulating supply
or a price of
$16 with 380 million circulating supply
or a price of
$160 with 38 million circulating supply
Because in all cases that's exactly the same.
Don't forget there is a fixed number of XRP that were created at Ripple's inception and no more allowed to be created by protocol's rules. Also XRP is deflationary (small amount of XRP gets destroyed with each transaction).
Ripple on decentralization:
https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/
https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/
Ripple is not for general consumers.
Ripple wouldn't be publicly traded in that case.