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Do you want a simple survival guide for new crytpo investors that actually have a real life? Buy XRP and forget it. In this latest blog entry, I discuss the market re-ordering of crypto, and then stop to look at the latest wallet statistics to benchmark the beginning of 2018 for XRP investors. In addition, I cover the latest rumor about "very large purchases" that is making its way across social media. Hope you enjoy the read & please leave any feedback below. Feel free to share with others or on any other social media platform & thank you for doing so! My blog announcements on other media: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
With the latest news from Ripple about trials between South Korea and Japan, the last four months of accomplishments, and recent hints about new xRapid partnerships, momentum is now firmly behind XRP. What does this mean, and what can we expect in the near future? I discuss rumors, hints, and how all of it might impact the future of XRP. Oh, and yes, I talk about the price increase! Hope you enjoy the read! Please leave any feedback below & thanks for sharing with a friend or on other media. My blog announcement on other media: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
I thought it necessary to address a pervasive misconception that I've noticed in multiple threads. It's an annoying and pervasive rumor, and it goes something like this: XRP Potential Investor: "I heard that Ripple (the company) wants a low price for XRP because banks don't like volatility or high prices for digital assets." XRPChat Member: "But that's not true! Ripple has posted many times about how XRP is central to their own financial well-being and self-interest. It doesn't make any logical sense. And they have volatility-lessening services in place for banks, according to Stefan Thomas." (source: http://www.huffingtonpost.com/entry/ripple-and-xrp-are-more-stable-than-you-think_us_591cb3bee4b0b28a33f62915) How You Can Counter the FUD Does Ripple Really Want a High Price for XRP? Absolutely. The mathematics are straight-forward for them. In addition to promoting the usage of volatility-lessening services for banks during intermediary trades involving XRP, the higher the price of XRP is, the cheaper the cost of the trade for the Financial Institution. You heard me right, so let me repeat it again: The higher the price of XRP, the cheaper the transaction cost! When we talk with new potential investors in XRP, its important that we all carry this message consistently and clearly to counter the FUD out there... wherever it is - Reddit, Facebook, Twitter, XRPChat itself, or in person. If we keep at it, the message will eventually get through about XRP! By the way: For those interested or who haven't read it yet, in "Part 1" of this thread, I talked about the owner and original employee's XRP personal holdings, the XRP lockup, and some other topics. That thread can be found here:
Rumor Mill on Lockup Continues... http://www.livebitcoinnews.com/joel-katz-highlights-details-regarding-xrp-supply-lockup/ So then Joel Katz posts a response on that same site: I'm assuming from his official "washing of hands" statement from JoelKatz, that the board has to take a vote on this ultimately.