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Major Mainstream Media Giant States “Is This XRP Better Than Bitcoin?”

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14 Comments

  1. Crypto investing is tough quite alright but not as difficult as it may seem if you follow the basic rules and don't love or get emotional with your coins. It is volatile and scary at times as things can fly up and down at extreme rates. If you are not careful, then you risk massive losses. To ensure continuous profitability, make sure you learn, be careful and do not listen to stupid things most Crypto traders say on youtube and other forums as they are lots of speculators in the market who tell you XRP is going to moon or BTC is at its dip and a reversal is sure and you even lose more money holding on to coins because they said so. The truth from my personal experience is that trading daily is far safer and more profitable than HODling with so much uncertainty in the market. I have lost over 8 BTC value HODling for one year and have gained over 13 BTC in less than two months, something I am sure is a daydream for most hodlers. You have to be careful though and be exceptionally good in your T.As, reading the news and understanding the trend correctly. I would also like to stress is that if you aren't 100% sound in these, you should make contact with someone with good experience and trade history to help you through. Someone I would highly recommend is Mr. Ryan Faulkner * * (ryanfaulknerr@ Gmail. com) WhatsApp***+447480724121. His analysis is sound, and his trade signals and strategies are some of the best out there to follow. He helped me recover my losses and make gains I find hard to believe.

  2. More XRP are held by Ripple than there are currently in circulation: 55 billion vs. 45 billion. 1 billion XRP will be released by Ripple once every 55 months, with all unused XRP returning to the escrow account at the end of each month. That means with XRP at a price of let’s say 10 USD somebody has to buy XRP for 10 billion USD each month. Who could this possibly be? The balance sheet of the federal reserve is about 4 trillion USD. Ripple the company would be worth more than 13 % of the federal reserve.

    XRP standing at about 70 USD would mean Ripple would be worth more than the federal reserve. That would be an inconceivable power for a private company. So I’m guessing that Ripple has to give away the most part of its escrow to IMF, BIS, Fed, ECB, UNO or Israel (you name it) or destroy the most of it.

    The release of 1 billion XRP per month means an inflation rate of more than 2% per month or about 25% per year. That’s even more than that of the USD.
    There is no information about to whom Ripple sells this 1 billion XRP and at which price, there’s a lack of transparency.

    A significant price increase of XRP (in relation to BTC) is not to be expected before the escrow is empty, let’s say in about 5 years. Until then XRP is likely to underperform BTC. Sudden spikes in price like that end of 2017 (induced by not well informed speculators) should be used to switch to BTC.

    I also would like to know why countries like China, Russia, Iran or Venezuela should use a crypto currency of a company located in the United States.The jurisdiction of the US is not considered to be predictable anymore.

    I’m fully aware of the ILP advantages. Ripple is trying to replace SWIFT, which transacts about 6 trillion USD – each day. But that does not mean that XRP has to increase beyond reason. You as an owner of XRP are not participating in the success as Ripple the company. You may try to buy some Ripple stocks OTC – if you are a millionaire already.

  3. Was kind of annoyed that Brad had to say his usual, "I'm long BTC" b.s. He should have stated that BTC is crap and that XRP blows it out of the water for payments and store of value.

    Then for CNN to quote cryptoshitlord… Was a disgrace. Time for Ripple to kick it up a notch and quit pussyfooting around and start flaunting it. Tell wallstreet investors why BTC sucks and why xrp spanks it in every possible way.

  4. Dude, Don't let the right wingers intimidate you. CNN is corporate, yes, but mainstream reality based. You are doing well. The interviewer asked great questions from an investors perspective. Thank you for streaming.

  5. Anything that is backed by govt. Is worth investing instead of things are meant to be curbed by govt.
    As charlee lee stated nothing is out of reach of u.s. govt.
    It's a clear whistle blowing.
    GO FOR XRP….

  6. What if democratic presidential candidate andrew yang uses xrp to make the $1000/mo transfers to every american adult over the age of 18 as per his ubi plan? That's a population of 327 million and amounting to $3 trillion a year in transactions if he gets elected president. Could the current traditional system handle that many transactions? It would make sense to use xrp given the potential institutional and government involvement with the currency. vote andrew yang! Lol

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