for about a week now my computer time is very limited...today i checked the price and we are at ~1200 EURO
pretty nice !! any good news for that ?
Yup.
-possible revival of the COIN ETF
-altcoin season is ending
-Roger Ver's going bankrupt soon
-SegWit rumours on BTC
-miners planning to desert Roger Ver and Jihan Wu
-Bitcoin is awesome
- + 4% is good for the weekend, expect a major spike next week on wednesday
-adoption keeps increasing
- FUD is fading away
-BU nodes crashing
-FOMO
-magic unicorns that I cant explain
XRP is just starting dude... if you are that good at analyzing charts(as you claim to be) you should see what is coming.
Short term, yes.
Long term nah
Banks are using its technology, not XRP itself.
Not sustainable long term, its toxic because of banks.
Blockchain should replace banks, corruption, manipulation.
Not helping banksters to continue their dirty tricks.
Not true, some banks are already testing with xrp.
JoelKatz explained xrp abridged model pretty well with this:
"
1) Ripple gets banks to use its payment technology.
2) Banks integrate Ripple's payment system into their system.
3) This helps to eliminate all the technical obstacles to banks routing payments through a crypto-currency. (Regulatory, compliance, business rules, integration effort, etcetera.)
4) Banks use the system to clear payments with each other, probably using mostly ILP. (ILP is a protocol that permits atomic, cross-ledger payments. Most importantly, it allows a "connector" to facilitate the payment even if that connector is not trusted by either the sender, the recipient, or the source and destination financial institutions.)
5) Ripple tries to make XRP the premium connector by targeting inefficient corridors.
6) If XRP can efficiently bridge X% of payments between banks that use Ripple, it will.
7) This will increase the demand for XRP as connectors need XRP to buy the destination currency for their trades.
If XRP is cheap to trade with other currencies, people who don't know what currency they'll need next may hold XRP.
9) If XRP is cheap to trade with other currencies, people who are willing to buy any currency they can get cheaply may hold XRP.
10) This can lead to a cycle of increasing demand."
Thanks for your arguments.
For now it seems that ETH & XRP dont have such a big community.
There lots of companies using it, but not so many people.
1)
Implementing XRP
paying technology (blockchain), not XRP itself.
2)
idemdito
3)
Yes we all know the benefits of blockchain.
Eth & XRP may be inovative, but companies are using their technology, not their tokens or currency.
BTC is getting used in real cases, buying stuff, casino's , store of value, buying houses, cars and I could go on.
This is a crucial difference that many traders dont understand yet.
For now banks, microsoft and other big investors are just sucking the tech. out of XRP and ETH to dump them when they are finished with them (implemented their knowledge)
Thats how they survive.
This is bad for blockchain and so crypto.
I dont support this movement.
Power needs to be decentralized, not making the evil system even stronger.
I see coins like ETH and XRP as some traitors that are stabbing crypto in the back.
Anyway this is my opinion.
I wish you good fortune in the future.