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Showing results for tags 'reserves'.
...is xrp's potential for being used as "reserves." I came across this article that discusses the concept of "forex reserves:" http://www.nbdpress.com/articles/2017-06-08/2632.html Before reading this article, I've heard the concept of xrp "reserves" being purchased by individual companies or market makers as a tool for managing risk and being able to profit from volatility. (source: _https://www.xrpchat.com/topic/5280-valuation-models-xrp-the-digital-currency-vs-ripple-the-company/?do=findComment&comment=50182_) The concept was always part of a larger topic, and I guess I
40 days left for the promised Ripple escrow of a significant amount of company held XRP. By end of 2017, they've said. Most crypto market cap summaries value XRP as one of these: "3rd highest" "4th highest" "top 10 crypto currency". Take away 60 plus% of the circulating supply, moving into the 300M range, down from 1 billion and the market cap drops significantly. I have a sense that this is "told you so" and "dump the garbage" territory for XRP...if one does not understand the underlying technology of the asset. And most don't. Do you have the sense that even though the longer term value i