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This is post is purely personal fundamental analysis....no technical analysis has been done. Hi all, In the unlikely situation that Ripple will NOT make a large announcement following the speculation buildup due to their tweets it is possible that we will see the xrp price dip again. However, I believe that the milestone 10B Market Cap (roughly xrp = .26) reached once again will serve as a strong line of support. Similarly it acted the same way in June and the price fluctuated between .26 and higher for weeks. As always comments and thoughts are always welcome. Thanks
@miguel Dear Miguel, I loved your interview and believe Ripple has chosen the right person for the job. You mentioned that you would like to increase the XRP demand in order to increase the price but I am sorry to say that at this moment this statement is very contradictory because to do that you have to make sure that buying xrp should be piece of cake for new customers but infact it is not easily available to people who are seriously interested in buying them, they have to go through hoops and hoops of cryptos and fiats to buy xrp which sometimes puts serious buyers off. I will giv
I see Ripple has come out and being quite outspoken about ICO's and the need for regulation etc. My question is regarding something similiar that you would get in regulated equity markets. Ripple has stated that they can sell up to 1bn XRP a month for expenses, development etc ($170m, quite a lot) and given how much XRP trades this shouldn't really impact market price as it would be less than 10% of global monthly volume. That said, if any listed company or central bank were to transact in their own shares they would declare it. I can't find anywhere how many XRP the company is actually se