/biz/ - Business & Finance

>>30066410

>>23471051
Now, we know that members of RPPS have been (and continue to be) pre-funded with XRP so they may service the xRapid transactions. This pre-funding is necessary to guarantee transactions made by Financial Institutions, we can’t have any of the transactions fail due to lack of XRP liquidity! These exchanges will also be reliant of the XRP provided by Market Makers to bolster the XRP liquidity thus adding to the exchange total supply. Now, the exchanges will prefer (at first) to use the XRP from Market Makers to increase the price of the XRP Coin. Why do I say this? Because it simply makes sense to use the immediately available XRP to raise the price in a dramatic fashion. This then increases the Exchange reserve pool that ‘must’ service the transaction requests, but now it has been increased dramatically… let me explain:

Bittrex Order book currently shows that from $0.27 cents to $1.49 totals $47,078 Dollars
through XRP/FIAT pairing (which is the same channel that will be used by RPPS)
Simply transacting $47,078 at this point will instantly push the price of XRP to $1.49
Bittrex Order book currently shows that from $0.27 cents to $25 totals $3,651,361 Dollars
Transacting $3,651,361 Dollars at this point will instantly push the price of XRP to $25
Bittrex Order book currently shows that from $0.27 cents to $100 totals $3,743,466 Dollars
Transacting $3,743,466 Dollars at this point will instantly push the price of XRP to $100
2/3