Jump to content

Will VCtrade in March push prices up?


Recommended Posts

So, as I understand it, SBI is opening their VCtrade up in march as an open-tradebook exchange. I know they've been technically live for almost a year now.

But do you guys think this will significantly impact the volume or price of XRP?

I know Euro Exim as well as Send a friend are going to launch by that date as well, but those are small and I do not think they will have large effects on volume.

Link to comment
Share on other sites

@Archbob Probably not...might start slow and ramp up over time. Maybe a slight bump? So I don’t anticipate anything earth shattering price wise. Thrilled to be wrong though. 

With regard to volume and price...More important is network effects. That’s where the value will start to show itself. Utility is the name of the game.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.