@JoelKatz@WKahneman@briankerns@BTC2Zero@uptownsaul It all comes down to ledger volume and if private enterprise adopt ripples tech and xrp
High the price of xrp the faster the ledger is and less of a burn rate
Nothing is happening overnight but a lot can change based off liquidity needs
Or who decides to use the ledger
Yeah there totally won’t be lock liquidity pools for ledger volume with private business…
Price goes up with out market cap when coins are locked away, but every transaction action still burns xrp
Give it time
Not saying it’s going to 1,000 but your thought process isn’t correct
@mrcauliman It’s absolutely going to be used for that but also it will be accumulated back for sure, I’m not saying Shane Ellis theory but it won’t be for retail investors for long
@MoizKhanOG@bgarlinghouse@el33th4xor Stable coins need a place to move and have interoperability, stable coins are the train & the xrpl is the rails it rides on.
Each “stop” is another on/off board of another ecosystem that needs the same thing
@IOV_OWL It is the worst amazing thing to witness, I tell my all the time please stay this little for ever.
That run to the door when you walk in is the purest love on earth
A 1 million dollar transaction
USD-xrp-yen
“If”
Xrp is $1
you need 1 million xrp
Transaction speed is x, and burn rate is based off the million xrp amount
Xrp is $100,000
You need to move 10 xrp = fast transaction, burn rate based on 10 xrp,ledger can handle way more traffic
Higher the price the faster everything moves and less xrp is burned
@fefe01101100 CIA ran underwater cables in oceans back in the 60’s, applying over current to these cables and cause the insulated wires to over heat, melting the insulation and causing a direct short to the ocean water
What you arnt doing is realizing that there will be a unified peace deal with Russia and china on the Middle East, calling out nato was part of that.
They arnt responding so Trump will build a new super of global giants USA Russia china
They will all jointly take control of Iran
USA will use oil and natural gas to bargaining table to a debt reset and unified energy super power
At that time all transactions for energy will go distributed ledger tech to insure that Iran and other groups can’t be funded or fund any type of coup
All planned
USA will give Ukraine to Russia as well
Click bait, I’ve been in xrp for a long time and have personal connections to their global compliance.
You would be surprised what they are working on, but I still agree unless their is a client or platform that is going full adoption for payment frame rails, we are along ways away from triple digits.
I have about 8 in cost average into every week since 2017
I won’t stop buying.
Money is like water it needs to move or it becomes stagnant
Really depends on institutional adoption, even if they are running pilots and successful, it would only take under 100 billion to pull supply’s off exchanges.
The higher the price the faster the ledger and the lower the transactions burns are.
Truth is no one knows any one who’s saying it’s trash or people saying it’s going to 589 are in the same boat.
They are all retail investors on twitter brother looking for click bate, maybe like your self?