BITSTAMP:XRPUSD   XRP / U.S. Dollar
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Jesus christ...
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XRP has a simple supply and demand equation in my humble opinion. Ripple the company has billions of XRP in escrow which it releases every month. Supply of XRP exceeds demand. These escrow releases are scheduled for at least another 5 years. Until that changes I would not be buying and holding either.
+2 Reply
ThumbSkin giltwenty
@giltwenty, except for the fact that Escrow coins are only sold via OTC and NOT in the open market making ur statement irrelevant
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giltwenty ThumbSkin
@ThumbSkin, does that mean the supply is not increased?
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@giltwenty, When there is demand....therefore....seriously unimpressed with some really good TV accounts that lack an understanding of crypto market fundamentals...
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Rob.Reynolds cryptouser0202
@cryptouser0202, what happens if said demand contracts in the futures? Will the supply still exist?
+1 Reply
cryptouser0202 Rob.Reynolds
@giltwenty stated "Supply exceeds Demand" which is false, current distribution has a demand counterpart, if you don't think there will be that same Demand in the future explain why...

If your bearish fundamental opinion of a market hinges on the possibility that participants may exit in the future, why invest in anything?
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Rob.Reynolds cryptouser0202
@cryptouser0202, you’re betting that XRP has utility, I’m not. If supply is released based upon demand your betting that demand is consistent... I’m not and so far by completely missing the rally early in 2019, price action agrees.
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cryptouser0202 Rob.Reynolds
@Rob.Reynolds, price action agrees? lol

Why do you feel XRP lacks utility?
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cryptouser0202 Rob.Reynolds
@Rob.Reynolds, Silver is worth 17$ and DJI 28000, Price Action Agrees...
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