Ripple (XRP)

$0.317000 (+2.19%)

XRP/BTC

0.00002833 BTC (+3.06%)

XRP/USD

$ 0.317000 (+2.19%)

Ripple Discussion

stockvaper  Aug 03 2020 16:49
[b]Most Bullish On And Why Ripple Makes This An Extraordinary Opportunity[/b] "[b]Summary[/b] [b]o[/b] The OCC has given the green lights for banks to hold cryptocurrencies for its clients. [b]o[/b] XRP provides real-world utility with 3-5 second settlements with payments and is the native currency on the Ripple platform. [b]o[/b] Ripple is extremely ambitions as they try to evolve the entire financial global infrastructure to make it seamless with payments. [b]o[/b] XRP could be the opportunity of a lifetime or a flash in the pan but for speculation purposes it has real potential. Cryptocurrencies have been gaining more popularity since Bitcoin’s (BTC-USD) parabolic bull run in 2017 where it reached $19,140.80 per coin on 12/11/17. From 12/12/16 to 12/11/17 BTC-USD rose from $790.53 to $19,140.80 then retraced into the mid $3,000’s in early 2019. At one-point, BTC-USD had its own slot on CNBC next to the Dow and Nasdaq. Over the years many analysts have discussed Cryptocurrencies on CNBC and on other news outlets. BTC-USD will remain my biggest investing mistake as in 2012 I was seriously considering building a computer with four graphics cards or (GPUs) to mine bitcoin or just taking that money and buying BTC-USD. I ended up talking myself out of it because at the time Crypto was such a grey area I couldn’t get comfortable with the options of buying it, storing it, selling it, and actually getting your money back into USD currency. I have been following the Crypto market for years and finally started investing in it XRP (XRP-USD) to mine represents the largest opportunity in the crypto space. This is such an interesting market because not many people understand it or are invested in it yet the amount of money going into it can’t be overlooked. Currently, BTC-USD has a market cap that is larger than many US companies as it exceeds $200 billion. XRP is the third-largest cryptocurrency by market cap and as it currently trades at roughly $0.25 it presents a possible explosive opportunity. I have no idea if cryptocurrencies will ever be adopted the way some are envisioning and I currently can’t walk into a store and purchase items with crypto but it's hard to dismiss that this is a real market with real buyers and real money going into it. I have been creating a position in XRP-USD because of its real-world utility through the Ripple network. Crypto is certainly a gamble and isn’t for everyone but if you have some money to speculate with XRP-USD could be an opportunity of a lifetime. XRP-USD could also be a huge disappointment, only time will tell." https://seekingalpha.com/article/4362965-xrp-cryptocurrency-i-bullish-on-and-why-ripple-makes-this-extraordinary-opportunity
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