As much as I would personally like the market value of XRP to go up based on news and announcements, that invalidates the thesis.
XRP’s market price, as a utility asset not simply a speculative stock, rises with use. The more money it moves, the greater the demand.
We were early. That’s wonderful and frustrating at the same time. But IMHO - the market price goes up with adoption at the ‘big kid’ level - institutions, sovereign trade.
The idea of ripple ‘dumping on retail’ will be a joke one day once it’s evident how tiny retail today is vs. global finance and sovereign wealth
Lowkey sick of riddlers giving dates of something “huge” happening…
29/09, and now 01/10,
Only significant things about those dates is that 1 is the last day of the month and the second is the first day of the month…
#XRP#CRYPTO#RIDDLERS
Jesus is Lord! He loves you so much that he died so we could have eternal life if we believe in him.
He doesn’t expect perfection.
Only that you put your trust in him.
the most common question i get on x is whether price will gradually increase or skyrocket all at once.
the answer is sky rocket at once.
when i was at @Wharton, one of the most important concepts we studied was the tech adoption s-curve.
and if you want to understand how crypto adoption and price action work, you must know how the s-curve works:
1/ new technology always starts slow and remains flat during its early stages
think back to the early days of internet or TV. chances are, only a few people in your circles used them (similar to crypto at the moment).
adoption begins slowly among a handful of early adopters.
2/ adoption grows gradually until critical mass
as adoption grows beyond the early adopters, it reaches the critical mass phase.
this is the tipping point where the technology gains enough users that its growth becomes self-sustaining, shaping the upward trajectory of the s-curve.
3/ steep upward acceleration
as adoption grows and network effects take control, the tech accelerates rapidly throughout society and captures a large segment of the population.
as adoption progresses along the s-curve, the exponential surge in demand coupled with limited supply will drive prices exponentially higher.
just like you won't find anyone who doesn't use the internet or TV today, in a few years you'll be hard pressed to find someone who doesn't use crypto.
@easya_app is at the forefront driving this mass adoption.