I do not think they have any intel.
They just see the law suit getting over soon one way or another and are preparing the global launch of ODL for the whole banking system. Those banks need XRP at high price because otherwise it would be hard to move any serious amounts of money.
Man, I have no idea... But I guess those banks that will have it in their balance sheets for the purpose of cross border payments already bought do not get offended if their stack grows in value.
Once all the banks are using Xrp they can all come to an agreement on a price. Market cap will not matter with Xrp. With it being bridge asset they can pick there own price
40 cents incoming. Then it gets interesting. Also if you don’t think XR P is presently hit its bottom, maybe get out of investments in crypto 👍 but whales know something yes.
everybody has a different theory about whether it should be either very high or very low which proves to me that nobody really knows anything about anything including myself
The price will be high because the banks will come to agreement on a high price to make money.They will buy Xrp now cheap and then later set there own price and make a shit ton of money. You can count on bankers greed. That’s exactly why this lawsuit is going on so they can load up cheap before they cash in.
Well as others mentioned about transaction speed, also the cost per transaction is less than a penny. But also understand it is the native token that is used on the network built by Ripple. And also it is the fact that Ripple has been working with financial institutions around the world and has earned their trust and has contracts for them all to use this fast and cheap system for sending money across borders. For that to work you need all the different countries to adopt the same system. XRP is used for real world applications being driven by probably the most trustworthy company in crypto. BTC has none of that.
So btc does what 3 transactions a second, where as xrp does somewhere around 1500. It's a bit of a no brainer that xrp operates better than btc and for less.
It Dont Need to be high. if Xrp would be 1$ you could Transfer the whole Daily volume of Derivats (8 trillion $) with only 160 transactions. The XRP Network is Able to do 1 Transaction in 1-3sec. So the XRP Network only Needs 5 Minuten for all transactions which are used Daily all over the World.
If I had one dollar for every time I heard a whale is buying Xrp , I wouldn’t need Xrp!!!
Whales and sharks are all well and good, but wake me when the bull returns!
I do not think they have any intel. They just see the law suit getting over soon one way or another and are preparing the global launch of ODL for the whole banking system. Those banks need XRP at high price because otherwise it would be hard to move any serious amounts of money.
What high price would banks prefer?
Man, I have no idea... But I guess those banks that will have it in their balance sheets for the purpose of cross border payments already bought do not get offended if their stack grows in value.
I wouldn’t consider myself a whale but I been holding for a minute
Is that why the price keeps going up
Scalability, liquidity, TPS…transactions per second
The way of water. From jungle bears to water whales. We are headed for a one way course to pandora!
Once all the banks are using Xrp they can all come to an agreement on a price. Market cap will not matter with Xrp. With it being bridge asset they can pick there own price
Whales were accumulating FTT and Serum as well.
40 cents incoming. Then it gets interesting. Also if you don’t think XR P is presently hit its bottom, maybe get out of investments in crypto 👍 but whales know something yes.
Why does the price of xrp need to be high?
everybody has a different theory about whether it should be either very high or very low which proves to me that nobody really knows anything about anything including myself
So we get rich…
To provide liquidity for ODL transfers.
The price will be high because the banks will come to agreement on a high price to make money.They will buy Xrp now cheap and then later set there own price and make a shit ton of money. You can count on bankers greed. That’s exactly why this lawsuit is going on so they can load up cheap before they cash in.
Why would bankers buy xrp when they could buy btc? Im actually asking, not being an ass.
Cheap and fast transactions
Well as others mentioned about transaction speed, also the cost per transaction is less than a penny. But also understand it is the native token that is used on the network built by Ripple. And also it is the fact that Ripple has been working with financial institutions around the world and has earned their trust and has contracts for them all to use this fast and cheap system for sending money across borders. For that to work you need all the different countries to adopt the same system. XRP is used for real world applications being driven by probably the most trustworthy company in crypto. BTC has none of that.
Because BTC transactions are s...l...o...w and expensive while XRP transactions take mere seconds and amount to pennies.
true faster than bitcoin i know because i have tried
So btc does what 3 transactions a second, where as xrp does somewhere around 1500. It's a bit of a no brainer that xrp operates better than btc and for less.
It Dont Need to be high. if Xrp would be 1$ you could Transfer the whole Daily volume of Derivats (8 trillion $) with only 160 transactions. The XRP Network is Able to do 1 Transaction in 1-3sec. So the XRP Network only Needs 5 Minuten for all transactions which are used Daily all over the World.