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Should Ripple burn 50% of XRP’s supply to pump its price?
Kpuff replied to XRPto50dollars's topic in Other Press
It wouldn’t pump the price. That Xrp isn’t circulating on exchanges. People are just looking for an excuse for xrp to increase in value. Here’s a thought why don’t you just wait. Do you really need to be rich by tomorrow -
SBIVC has been live since last year. I do like the full trading opening up which will allow for a Japanese exchange with Xrapid capability
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I find Link maxis to be very weird. I mean I don’t know much about it but they’ve been trolling the Xrp community for like 2 years now. But they hide in the shadows like creatures. It wasn’t until link had its price increase as of late. That they are more open. I mean it may be a good project but I still find them to be an odd bunch
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Also consider another thought that the person in charge of the operation could be setting a trap for anyone who decided to participate. I see the 100x leverage shorts and promoting illicit files to the blockchain. Either this guy is serious and is going to fail miserably or he is a strategist setting a trap
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This is one of the many attacks that have claimed to “destroy” xrp. They fail every time. Deja vu!
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Former Ripple employee speaks out, XRP price doesn’t reflect xRapid use
Kpuff replied to Scout's topic in Other Press
As we have heard many times before that Xrapid volume is not an indicator of price increase. But what will increase xrp price is market makers buying xrp on the market to facilitate Xrapid transactions. The more fiat currencies that are used to trade against xrp the more market makers will get involved. @JoelKatz has said this many times. From what I see there are very few market makers involved at this time. But the more regulations that take place worldwide the more market makers can join the game. One of my concerns is what if market makers buy xrp on the OTC exchanges. Definitely is o -
Get triggered dude
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I don’t think this is anyone’s concern. Ripple knows there is a level of risk associated with each investment and yeah some fail and a small portion succeed. That’s just how it works. Why should any of us care what ripple does with their money. All they are doing is finding good companies/projects to invest in. It’s like an athlete, just because a team drafts a first round pick. It doesn’t mean they will succeed, it just means they are more willing to pay out larger sums of money as there is supposed to be less risk in the early rounds. My point is who the eff cares!
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Who is leapfrog?
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Ok while libra is taking its time to create this token which will be sometime in 2020. Ripple is already building liquidity for xrp right now. So guess who’s gonna have a head start before libra even exists, XRP. Besides from what I’m seeing it’s used in its own network like Facebook, Instagram and WhatsApp. So yeah it’s not gonna happen.
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More like libra vs bitcoin. Both of them are going after the consumer market whereas Xrp is going after the enterprise market. Xrp right now has zero competition besides stellar and stellar isn’t doing well right now