Ripple locks up 14billion of XRP is the best thing for Crypto Currency
When I started way back in June 2017. I had a good feeling about ripple. Then i started to chart it and follow ripple daily. I figured out in August that ripple could possibly pass bitcoin and become the leader and the gold standard for crypto currencies.
Ripple is back the banks and it is already pre mined
there were 100 billion XRP created at XRPs birth, with no more allowed to be mined or created according to the protocol's rules.
Ripple locked up 14billion of XRP. I know this sounds like a allot of XRP. I think ripple will start letting some XRP go to keep the price from inflating to fast; however This will cause the price to inflate out of Ripple control. Once this happens XRP will over take Bitcoin and Become the new Gold Standard for the Crypto Currencies and stabilize the market and allow Crypto Currencies become more widely used for everyday use.
Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinion
i like the fact that bitcoin is staying were around the price is where is now. I do think bitcoin will go up to 50k at some point this year but you should stock up on ripple. Even if ripple doesn't pass Bitcoin it get up into the Thousands be fore Ripple starts releasing XRP to stabableize the price. Then It will pass bitcoin going while they both are going up.
thanks very good information best wishes
Yurt logic really knows what he is talking about.