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(Ripple & Swift May End Up Being Complimentary) Marjan Delatinne Global Head of Banking At Ripple

by XRP Hodler on 678 views
Ledger Nano X - The secure hardware wallet

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Ledger Nano X - The secure hardware wallet
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3 Comments

  1. I have a prediction. If you apply shane ellis theory about xrapid then this will be good news.

    Since the current liquidity pool on bittrex is 30+ BILLION. This includes All sell orders. If a financial institution needs to send 30 billion usd cross border, then all sell orders will excute.

    Should this happen, because the large amount of xrp holdings bittrex has, they then can create a high price for xrp. Example.

    The highest sell order on bittrex is 20 million usd I saw. A bank comes in buys the whole wall. At that point, immediately they list 20 million xrp for 20k. (That figure is for math purposes only) 20 million xrp at a sell price of 20k is 400 billion. That's how much liquidity xrapid would have at its disposal.

    Now even if everybody rushed to sell their coins, at that point your sell orders will only execute once their is a xrapid transaction.

    I think this is a possibility, something to consider

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