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Hi, As i am new investor on Ripple, i heard lot of positive news about ripple whereas the price of cryto was struggling. After lots of positive news like Moneygram & More positive news. I would like to know what is the target for 2018 which you feel & which is appropriate price as per fundamental & Technical.
Hi all, First of all say hi to everybody, I'm new in here! It is known and officially announced by Ripple their plans to lock up the supply of XRP in the market during the next 55 months: https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/ My questions are regarding the 1 Billion XRP which they are going to automatically release...per month! Is this not a huge amount of XRP which are going to dilude its price? You can see in the link above the chart graphic with the future amount of XRP in the market... It seems to me they're going to over flood the market with XRP over the next 5 years? I think Ripple has a great project and brilliant long long term plans.. but have series doubts about the increment in price of XRP.... Please share your thoughts!