Did we just get GOT or did we get PAID?
So the data wizards over at Google pushed this article to my phone today and it really got me hoping that Ripple starts climbing again. I went all in on Ripple and didn't sell when it was at $.20 and was kicking myself when it dropped again. I opted to choose Ripple over Stellar because it seemed like Ripple had the backing of the big names out there but it's so hard to find any truth in the crypto game. With articles like this popping up, it does feel like maybe we could expect (aka hope) for some decent action to come our way, for those of us who held.
"Although the following information has not been officially confirmed right now, it poses some interesting trains of thought. To be more precise, there is a rumor Ripple is planning to announce a big move in June of 2017 that could send major shockwaves through the community. It is believed the team will announce an extensive coin lock-up agreement.
The goal is to make the individual value of each XRP higher more precious over time. Right now, XRP is seeing a significant boost in market share and individual token value. Even though a lot of the positive momentum was undone during yesterday’s Poloniex issues, the market remains very bullish right now. This is quite intriguing, considering XRP has seen a lot of trading these past few days.
The official news regarding the future of XRP – assuming an announcement like this will take place to begin with – is expected to made at the upcoming Consensus 20107 conference. Ripple CTO Stefan Thomas will talk about different consensus mechanisms during the event. If the team successfully manages to address the doubts and uncertainties regarding the XRP supply, things can get very interesting from here on out. It is unclear if XRP can continue its bullrun, though, but for now, there is no reason to despair just yet.
Obviously, this is hearsay and we should probably take this advice with a grain of salt, but damnit if that isn't tasty news - it's enough to bring out my inner Scrooge McDuck, fantasizing about doing the backstroke in my imaginary money bin filled with invisible, or those INTANGIBLE coins as @trevonjb calls them. All I know is that Altcoins seem to be pretty effing wild right now and I can't imagine a better time than now to get in on this.
There is speculation that we will see a global, digital currency by 2030 and looking at the current trends, I could see those in certain fields making the switch even before that target date. I'm taking the approach of it being better to have a firm understanding of it NOW rather than playing catch up later, I mean, we can look at those who invested with IBM, Apple, Google, Amazon, etc. as proof of what can happen if you look to the future logically and with a fiscally conservative mindset.
All I really can say is this, invest what you can afford to lose and do your research because we are on the precipice of something the world has NEVER SEEN BEFORE.
Excellent post dear friend @radagast very interesting, a year ago I follow this currency, I have heard a lot of information about it, many banks are using and others evaluate to use their systems, I have read important bank in making investments in this currency, what I It draws much attention, that all this time has moved very little, it really puzzles me.
Thank you so much for this information
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True, but we've seen a lot of action over the last few days. It went up to approximately $USD .20 two days ago and has been hovering around USD $.14, which isn't bad, especially when you buy in for USD $.07.
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Good points in this blog. I was about to start a similair discussion. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. Besides coinmarketcap.com there is: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Go to: https://www.coincheckup.com/coins/Ripple#analysis To check Ripple Investment and research analysis.
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