Ripple (XRPUSD)

[GreedyAgorist]

I must admit, I do not think I knew about how liquidity is added from a large escrow account every month. I was just looking for a crypto that was not thousands of dollars per coin. Hence XRP. And this board is one of the most active crypto boards here on ihub. That is how I learned how I could earn interest on my coins while I wait for a life-changing price increase.

I do not see any reason to get upset about how much XRP is made available every month, especially if Ripple is creating demand to meet the supply, not with moon-shooters, but with financial institutions around the world.

I decided to look up how much of the escrow actually stayed out and how much went back in last quarter. This is what I found: “In Q1 2019, three billion XRP were again released out of escrow (one billion each month). Additionally, 2.30 billion XRP were returned and put into new escrow contracts. The remaining 700 million XRP not returned to escrow are being used in a variety of ways to help support the XRP ecosystem.”

So the amount that went back into escrow for another 5 years was 3x more than what remains in the market, adding liquidity. When we get the next quarterly report, will we be upset to find out more stayed in the market? Or will that be a good thing, because we were able to absorb it, because there was more demand.

Frankly, a business model that includes an orderly increase in supply does not worry me. Somebody else building a better mouse-trap, on the other hand... that is why we diversify.