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If you are looking at the charts and not a typical investor you may be saying "see told you it was a bubble!" "Look how much it dropped everyone is losing money." Or something along those lines, however these statements are no accurate in the least bit. Coins have supports & resistance points, that are influenced by a number of things in the coin market cap (CMC) - www.CoinMarketCap.com . Take another look at these charts and email is your thought and fears of investing. We want to help everyone learn about cryptocurrency because see the benefits of investing and spending currencies in new and innovative ways.
Ripple Systems, before offering tokens as currency, was released in 2012 as a remittance system, real time gross settlement system ( a one on one transaction system that is singular and not netted or twined with other payment transactions in its system) before not long after offered tokens as a type of currency within its system.
Ripple founders Chris Larsen and Jason Originally found Open in 2012 and then later change the company name to Ripple Labs with their home base in San Francisco. After Then rebranding again in 2015 to Ripple after being smacked with a $777k Civil Penalty from U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) for “willful violation of the Bank Secrecy Act by acting as a money services business without registering with FinCEN. Ripple then bounced back and got their Virtual Currency License and released the offering of 120 Billion Ripple tokens. RIpples has received a wave of Investors in into their technology as well as investment from Santander, Google and other various angel investors.
Ripples true claim to fame (at least to come) is their offering to existing banking institutions to be the “official digital currency” that will partner with banks to allow the public to use their token and technology to use digital currency. A few Banks, Notably American Express, has bought on to the promise that Ripple will offer. Some investors predict of ripple’s value per coin ever reaches beyond $6.85, the market cap would be larger than Bitcoins current value or higher. The opportunity for this token makes it a true HODL Coin and many others feel the same as this token is a popular investment topic on various crypto news forums and on exchanges that allow for investment into the token.
For more information on Ripple - visit Ripple.com Crypto talk LLC Official review of XRP/Ripple coin & technologies :
XRP allows for fast and safe transactions that are incomparable. This coin has allowed for new and seasoned investors to make profits off of the coin in a short period of time. Jumping to the top 3 on the Coin Market Cap (CMC – www.coinmarketcap.com ), XRP has shown the crypto world its intentions and has a clear and set business plan. Ripple has created a master plan of growth for cryptocurrency and it allows for traditional economics to interact with the crypto-omics at a crazy fast speed. XRP has grown to high rates in short periods of time due to media hype and this seems to be good if you are profiting – but it is not healthy for the coin long-term. We had to take 1 star away for this reason- XRP is easily influenced by the media creating a random flux in XRP prices at times.
Research Period: 6 Months Investment Period: 6 Months Volatility Risk: MED Author Notes:
BY. David Murray, C.O.O/ Co-Founder Crypto Talk! LLC