2018 will be the year of the shake off, not the year of cryptocurrencies.
Too much retards own too much Bitcoin right now.
2018 will be the year of the shake off, not the year of cryptocurrencies.
Too much retards own too much Bitcoin right now.
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maybe BTC is shit tough
...
btc has been shit for the last 2 years. Everything out performs it. Yet its still king.
whatever direction bitcoin moves the rest of the market will follow.
Theres a shit ton of PnD's recently, cause whales are trying to make enough money before the gravy train ends
Nice downward wedge you got there, faggot
Bitcoin is not fast and cheap like it was originally intended, and it cannot scale. It's technology is first-generation, proof of concept. Proof of work is slow and wasteful of energy. Proof of stake encourages coin hoarding instead of spending. Ripple is the future.
XRP is a coin designed by and for billionaires and trillionaires.
money.visualcapitalist.com
$90 Trillion - global paper and electronic money
$70 Trillion - global stock markets
$215 Trillion - global debt
$215 Trillion - global real estate
Asumming a supply of 100 billion coins, if 1% of these assets moves into XRP, that's a $5.9 Trillion market cap, or $59 per coin. For XRP to hit $1000, 17% of global wealth needs to move into XRP. If the circulating supply of XRP is kept at the current level of 38 billion, only 6.5% of global wealth needs to move into XRP.
Ripple is an inside job. Ripple is owned by the same people who own the central banks. Ripple may never release all 100 billion coins into the market. At some point they may "donate" tens of billions of coins to various central banks and then the central banks will use small portions of those reserves to intervene in the markets every few years. They could use XRP as the new global reserve currency for the next 80-100 years until the supply runs out. Then they abandon it in favor of something else.
2018 will be the year of the Cryptocides when you will really get to see how heavy those bitcoin bags can get.
He says, as BTC dominance continues to dwindle.
MY BODY IS READY