/biz/ - Business & Finance

>>10173801
-1000 dollar

>>10173801

>>10173801
>3d fag
kill yourself

>>10173813
good point

>>10173801
not in a month but
All, Ripple has an enormous vested interest in increasing the value of XRP and they are actually in control of that price (to a point). They have already parked billions of XRP into exchanges to facilitate the transfer of local FIAT capital. The ILP (Interledger Protocol) and XRP Software use Ripple Net to perform the transfer of money, and they do this using their own XRP and that of others on the exchange. Think about it - they must have accounts on the exchange to buy/sell XRP, they must have their own wallets that hold millions of XRP to move FIAT. Once XRP beings to flow at production scale, the Ripple systems will start to buy/sell XRP automatically, Buying as cheap as they can and selling as high as they can. There is something here though that the general public are missing: As the pools of liquidity will be largely derived from dedicated wallets on the exchanges (just like you and i have wallets on the exchange - so will ILP Transfers), they can dynamically adjust buy/sell rates to meet the demand of the funds transfer. Existing XRP is not at the level required at this current price to begin transferring Billions of Dollars. So, what needs to happen..? We all know that you can log into your chosen exchange and place a sell order on your XRP for $10 per XRP... you also know that your order is just going to sit there as no 'person' is going to buy it at that price right now - yes... Stay with me - You can also place a sell order for the same value... Do you see where im going with this now? Automated ILP exchanges can literally set the price of XRP based on the demands of the system, and because Banks are going to be transferring thousands upon thousands of transactions per day then this is what the price will be set at - its that simple. When demand starts to out-strip the liquid supply on the exchanges again, they just increase the price again.. and this keeps happening in short but very sharp bursts.

>>10173902
The new payment corridor that Standard Chartered is putting in place in November is worth $15 Bln per year and the amount of available XRP on the market stands at 39 Bln but most of this is tied/locked away with private investors. Liquid XRP is much lower than this. If each exchange is storing 1 Bln XRP for trade, then this supply is going to be being transferred at such a rate that the exchanges/ILP run the risk of not being able to keep up with the demands on the system. 1,000,000,000 x 0.55 cents = $550,000,000 dollars worth of liquid cash to trade on the exchange before is runs out. Now Other XRP funds will be being deposited at this rate too but as you can see, we have a hard limit here of a single trade on the exchange and Banks transfer "Trillions" of dollars - currently $5.4 Trn a day in payment flows around the world. A single institutional Money Manager can move $200 Bln in a single day! so:

>>10173913
1,000,000,000 x 200 Dollars = $200,000,000,000 Bln Dollars - you can see here that the price of XRP MUST be in orders of magnitude higher to facilitate these trades - its so simple to see where XRP is going! When the price point is set, there will literally by millions of XRP sat in enormous buy/sell walls and this is where Ripple will gain the stability they need. The price will be vastly higher than it is now, and each of those XRP will be worth hundreds of dollars. Not even a whale with hundreds of thousands of XRP will move this wall. The above are the main reasons why, when the flows start to kick in as Brad has mentioned by the end of this year, you will 'NOT' be able to day trade XRP. No-one can see the increases coming, the usual Christmas dump of coins will also no longer apply to XRP, the banks will keep the cash flowing as the financial markets do not close for Christmas. Its a 24/7/365 flow of wealth. Essentially, as the xRapid software is in control of the buy/sell rate of the the XRP on the exchanges, couple this with the sheer rate of transactions that the banks will be pushing through (thousands and thousands a day) you can see that the price can be kept at any level that the software dictates. The xRapid software can set the price to the demand of the system.

>>10173902
>>10173913
>>10173923
tbqh I don't have any friends. You seem nice though. Wanna be my friend?

>>10173801
absolutely disgusting
>fat, small tits, ugly face
vs
>slender, big tits, attractive face
i’m not a big 2d guy but how can 3d even compete