matt02465

XRP soon on the rise?

Lång
KRAKEN:XRPUSD   Ripple
Hello everyone,

Please remember that this is my opinion on current trends, NOT financial advice!

I have been looking into this coin recently and what I have shown above further displays my confidence to go long with this coin.
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Another very good point signalling bullish trends is the large influx of big banks actually being confirmed on starting to use this coin, after all it's not called 'The Banker's Coin' for nothing.

Even if one bank uses this coin to transfer a million from one account to another, the volume of coins purchased at a single time will go through the roof due to such low coin prices. This would cause a huge surge in demand relative to supply and thus drive up prices like CRAZY.

What's even better is that XRP started off with a maximum supply! Every time a transaction occurs, 0.0001 XRP is destroyed! Thus causing a decreasing supply relative to an increasing demand, thereby causing the price to go up even higher!!

However, this huge influx in price will only happen if the banks get onto it.. so lets bloody hope they will!

Cheers,
Matt.





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