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XRP won’t move till mid 2021


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1 hour ago, Sharkey said:

Agree, zero value and hostile, to boot.  What is the point of so much disdain?  Thankfully, these kinds of posts generally don't get reinforced with "Likes," "LOL's" or anything else.  

They are usually the disgruntled ones that bought at all time high thinking they are going to be rich overnight with no clue about the entire market.  

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Indeed. I was there. 

Previous cycle Our current cycle Again, if we follow the same pattern, we should start to see an increase in price starting this year since we are 3 months in the consolidation pha

Predicting what will happen in crypto in 18 months is like predicting who will win the Super Bowl in 2034.

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I haven't read all the posts here, but to add into this, what we saw in late 2017 is not a healthy market. The faster the price shoots up, the bigger the  pull back. We want a nice steady growth in an upward trend. This helps with not only liquidity, but then investors can view XRP as a possible investment. That's ultimately what we want. 

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6 hours ago, ObeyTheWafflehouse said:

I haven't read all the posts here, but to add into this, what we saw in late 2017 is not a healthy market. The faster the price shoots up, the bigger the  pull back. We want a nice steady growth in an upward trend. This helps with not only liquidity, but then investors can view XRP as a possible investment. That's ultimately what we want. 

It may not be healthy but do you believe itll happen again?

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8 hours ago, invest2lose said:

It may not be healthy but do you believe itll happen again?

I think, yes. Crypto are not heavily traded markets compared to, let's say, Crude Oil futures. With lightly traded markets, it is easier to push around prices. Look at the move back in October/November. From .25 to ~.70 (>100%) in two days. In heavily traded instruments, this would be an anomaly. In crypto, it's another Tuesday. 

With that said, if you want the most liquid asset globally, you need a couple of things. 

1. Higher prices - You need percentage changes from day to day be less than 2% on average. Ex. Gold

2. You need higher trading volume - Forex transacts $3-6 trillion PER DAY. 

3. Multiple base pairs - if your asset/instrument cannot touch almost all walks of life on this planet, it will not be liquid for everybody

We need growth to be nice and steady, not a flip of a switch 

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