2ndtimearound Posted August 20, 2018 Share Posted August 20, 2018 2 hours ago, Worldcryptoboss said: The price of XRP has almost NOTHING to do with it's utility. That's right. Even though there are a number of new ways in which the Ripple network is bringing innovation, none of these have or will have a major impact on the price of XRP. We've not even had utility volume through exchanges yet, so technically speaking you cannot even verify your claim yet. You think banks won't see value in saving 40% to 70% per transaction while freeing up their Nostro and Vostro accounts? They will like that VERY much. You think exchanges won't want a **** ton of extra volume pumping through their exchanges? They will like that VERY much. XRP has a huge amount of indirect value to those who use it. In turn, that will actually drive up its price. When other exchanges see how successful Bitso, Bittrex and coins.ph become with xRapid, they will want some of that action. So too will the banks not hooked up to xRapid. You even said yourself - supply and demand. If XRP can save banks time and money (it can), and can prove that in a live environment (it will), then its demand is going to skyrocket. tomXRP, Falx33, madmatt and 1 other 2 1 1 Link to comment Share on other sites More sharing options...
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