I don’t get it

theres 100 billion XRP and Jed McCaleb keeps dumping on holders.

The idea is they will suppress the price until (1) banks start to buy in significant amounts (this is its primary purpose but banks will be less incentivised to buy in at crazy prices), which in turn won’t happen until (2) the regulatory landscape is clear.

If they stop suppressing and the price shoots up it’ll encourage speculative and retail investors to start buying up supply, which will discourage banks as they’d be looking for a stable asset that’s predominantly in their control.

My own view is that once regs are in place, Ripple will try to sell some or all of their 60ish% to banks directly or to the BIS (or similar) and only once that’s done and it’s in the hands of the finance sector will it shoot up.

1. It is a central bank coin, used for liquidity

2. Ripple is set up as an organization that can through inflation (releasing more XRP) and deflation (buying back XRP) is able to maintain the price at a stable range.

3. What we are witnessing with ripple currently is it's attempt at showing central bankers that it is a trustworthy organization capable of facilitating international trade. They are showing this off by maintaining Ripple's stability at $0.25 showing that even though most of the current buying is for speculation (which should be highly volatile) the coin its-self is maintaining stability through Ripple's market interventions.

4. The last thing Ripple needs is financial regulations and the greenlight from central banks to begin acting as a market liquidity mechanism.

5. XRP is never meant to be held except by speculators and banks using it as a liquidity pool for transfer and conversion of various other fiat currencies. Most of the market will be swapping in and out of XRP instantly. That being said, because of Ripples proven ability to maintain stability, banks will feel safe using it as a liquidity pool only if the price of the asset only increases or decreases at a scheduled interval, while the rest of the time remaining stable.

6. Whatever your thoughts as to how large of a Market Cap will be necessary to facilitate whatever percent of global currency transactions XRP will account for will decide where you think the price will go. I don't suspect Ripple will release more than 50 Billion XRP into the system over the next couple years. They will need to keep somewhere between 20 and 50 billion at least as a means of generating inflation. Instead Ripple will use revaluation to ensure liquidity during times of mass migration into the asset.

TL;DR XRP will be a stable coin that is market by frequent "revaluations" Some of these revaluations will be steep, while most will be small percentage changes at scheduled intervals.

Because its pure garbage

Retail investors simply aren't deep enough to provide any significant price action except during times of mania and massive speculation like 17/18.

The crypto community is still very small. XRP supply is massive. There will be no moon unless you have a serious event like institutional utilization or another insane mania bullrun

Ripple has news. Ripple has partnerships. Ripple is NOT XRP for the last time you brain dead cockroaches. Hahahahahaha holy shit what is so hard to understand about that?

>Main product literally needs XRP to work
Okay

You’re not an investor you fucking cuck. XRP is just a shitcoin that nobody uses that Ripple dumps on you to fund their operations. You do not own a stake in Ripple. You are not a shareholder. I swear to god you’re all 16 years old.

It doesn’t though. None of those companies ripple works with actually use xrp. It’s not needed.

Do they not call cryptocurrency buying "investments"? lol

30 cents? So you're telling me there's a chance...

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This. 100%.

Jed dumps 5M XRP every day and will do so for the next decade

>Being this braindead.

30c, sure, if BTC breaks 12k it may likely reach that. Nothing more will happen until wide adoption, which is very likely, but question is whether XRP will actually be used. Ripple is much larger than XRP.

You’re speculating on a depreciating digital asset with nearly infinite supply and that has gained zero adoption in 7 years. All because some “schizo” (see: paid shill) told you some made up nonsense. That’s not investing.

The price is manipulated af

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>ODL does not need XRP
XRP fudders everyone

The prize is absolutely, unironically, heavily suppressed, no question about it.

Disregarding the 2000$ memes, XRP and Ripple has so much positive news coming out constantly. They have so many connections, and the tech is great, yet the prize is stable. The prize realistically should be expected to be around 10$ at the very LEAST. I really think XRP is suppressed so that big banks and factions can buy in before the switch is flipped, and the prize rises to match the utility. I think XRP will be worth hundreds and possibly thousands of dollars.

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At first it was it will never happen, now they are leaning towards, it may happen, but Ripple will use something besides the coin made for ODL...

>LIKE DUUUHH GUYS... IT CAN NEVER BE XRP.... FOR......reasons..

>who sports the cost
The exchange of choice what are you on?

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In order to cash in your XRP (or any coin) you have to sell it. The cost is borne by whoever you sell it to.