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TONTOYO

05/23/20 1:18 PM

#16070 RE: jfkspire #16069

simple reason, they're trying to make this as unattractive as possible and really no media for it so us the small peons don't buy it

vdb_123

05/23/20 1:50 PM

#16071 RE: jfkspire #16069

Its demand vs supply. Too much supply now and some insiders have billions of XRP to sell. Even though Ripple has many customers I think hardly anyone using XRP.
Ripple transactions take few seconds to complete. Even if there are billions of transactions using XRP price will not go up because as soon as transaction completes XRP back in supply.

stockvaper

05/23/20 3:31 PM

#16074 RE: jfkspire #16069

I agree percival. Commodities coins don't save any businesses or investors a cent, yet they continue shooting up in price. It's a vicious circle. They shoot up in price because they shoot up in price. (The Dutch tulip phenomena). Just worthless digital coins.

XRP (ODL) can save businesses money and time, usually, up to 80% savings in fund transfer costs and resulting transaction times of 3 - 4 seconds instead of 8 minutes to days. It has a true utility (use cases) whereas very few commodities, securities or crypto stablecoins have any utility.

Makes me think there's millions of idiots investing in crypto.
XRP/ODL network is global and growing. The only true useful cryptocurrency choice. Eventually even people as stupid as a salad bar will figure it out.