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RE: Even for me, this has gotten past comprehension. Reaction and Prediction for Ripple
I think this is all just a ploy for the banks to get free BTC and ETH. The banks "pre-mined" all the XRP then started selling it back and forth between each other, controlling the supply AND the demand, until the market started to notice and people couldn't resist trading their BTC and ETH for XRP because the price just keeps going up and up. Pretty soon the banks will have sold most of their XRP that they made up for nothing and will be holding billions in BTC that they basically got for free. Then they will let XRP crash by just never really doing anything with it and everyone will pile back on to BTC. BTC will hit $1 Million and banks will hold 25% of it that they got for free in 2017-2018. It's the perfect scam.
This was quite thought provoking - thank you. The interesting thing also is that BTC becomes cheaper to buy with XRP going up faster. Given the current manipulation of BTC through the futures market, therein lies their control of the conversion rates also...
Yep. In the end, BTC will win. And so will the bankers because they figured out how to take it from us. That's what they do. Boycott Ripple.
That is quite the interesting thought. That would sure be the way for the banks to game the system. I like the perspective.