You are viewing a single comment's thread from:
RE: RIPPLE THE $0.24 COIN THAT CAN HANDLE 1000 TRANSACTIONS PER SECOND SET TO EXPLODE.
Why? What's the use for XRP on the market? Banks don't even have to use it.
Plus, when XRP will get scarce they will take millions out of escrow and dump them on the market...
Don't get me wrong, I want it to go up... but perhaps Ripple doesn't want it to happen?
Banks will turn large portions of their company into XRP they can then transfer huge sums of value wherever they wish for minimal to nonexistent fees. They have a max capacity so the market will never be over saturated but can still maintain its scarcity value at the same time.
Also their 24hr volume is still low. Once the banks figure this tech out their volume will skyrocket.