Posted: 08 Sep 2019 09:04 PM PDT

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Regulations and spreading out the current remaining XRP

Posted: 08 Sep 2019 03:50 AM PDT

While people are complaining about the price, I see it with alot of optimism and mainly patience. I see 2 steps before price movement:

1 Banks will use Xrapid if they have green light from authorities all over the world. Laws and regulations will get the switch from Xcurrent to Xrapid moving. Banks are the most profitable organisations in the world, has been since the middle ages. They will jump on opportunities to save money like Xrapid. This doesn't mean it will be cheaper for the main population to transfer money, not at the current fees we send by ourselves by still alot cheaper then with the current banking system.

2 After the first point, when the usage is globaly accepted and banks are using Xrapid, the remaining XRP need to be 100% in circulation. That means every XRP needs to have it's owner, banks or private. When this happens I truelly believe the price will go up. This is an idea which can take alot of years but it's better than a major pump like the end of 2018, followed by a huge crash. This isn't good for the credibility of the coin(s) and the crypto market. Usage will lead to a steady and healthy price movement. It just takes time.

Believe me, rather today than tommorow but it just won't happen this soon. I'm a normal working class guy who has the same monthly bills as 99% of the people who will read this comment. So I'm also waiting on that extra financial boost in my life. I don't have big dreams but a comfortable life for me and my family is all I want. Keep working, be humble and have patience my friends. We will be rewarded.

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Vanguard Ripple XRP - SPQR Media Presentation at DLTCONUK 2019 (7 sept)

Posted: 08 Sep 2019 06:08 AM PDT