If you guys take a look you will notice that Bista
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Posted On: 02/03/2018 2:16:57 PM
If you guys take a look you will notice that Bistamp's price has been higher than Bithumb- Korea's largest exchange, and also Livecoinwatch's.
Ripple has said that they understood the problem with Korea making up for almost half of the XRP volume. They knew that some kind of regulatory problem could be negative on XRPs price. This is exactly what has happened with the rumors, it caused the dips and panic selling.
So what has changed? Much has changed. BitOasis has gone live, and so has SBI Virtual Currencies. There are a few more, like Robinhood, which plans on offering in February, and the new one that is being funded by the guy that funded coinbase. All of these exchanges are huge. SBI is one of the largest financial services companies in the world. They own banks, pharmaceutical companies, brokerage firms, and much more. They are exclusively offering XRP. Not only are they offering it for retail investors, but also for institutional sales via xRapid. Their brokerage alone has 4 million accounts. I just read an article that says the comparison is Morgan Stanley in the USA only offering XRP to its 4 million users.
Again, this is not by accident. Ripple is hard at work laying the rails through companies and corridors like Banco Santander, Cuallix, MoneyGram, CreditAgricole, MercuryFX, and IDT Corporation.
They are also working on building the liquidity through more and more exchanges. Many people that don't understand this relationship keep asking these banks when they post on Twitter their plans. Its not these banks and transfer companies' job to build the liquidity. Their job is to lay the infrastructure, As the liquidity goes (and goes through the roof) All these banks can source either directly from the exchanges, or use xRapid, if for some reason their regulators prevent them. Again, this has been laid out as all part of Ripple the company's plan. What I find very interesting is the fact that these banks and companies are tweeting their excitement to be working with Ripple. When is the last time you saw Bank of America tweeting they are working with such and such company, then fielding questions about that relationship?
It takes a long time to research and read up on everything. Once you do, these flash crashes, corrections, and dips won't phase you. DO YOUR OWN RESEARCH.
Ripple has said that they understood the problem with Korea making up for almost half of the XRP volume. They knew that some kind of regulatory problem could be negative on XRPs price. This is exactly what has happened with the rumors, it caused the dips and panic selling.
So what has changed? Much has changed. BitOasis has gone live, and so has SBI Virtual Currencies. There are a few more, like Robinhood, which plans on offering in February, and the new one that is being funded by the guy that funded coinbase. All of these exchanges are huge. SBI is one of the largest financial services companies in the world. They own banks, pharmaceutical companies, brokerage firms, and much more. They are exclusively offering XRP. Not only are they offering it for retail investors, but also for institutional sales via xRapid. Their brokerage alone has 4 million accounts. I just read an article that says the comparison is Morgan Stanley in the USA only offering XRP to its 4 million users.
Again, this is not by accident. Ripple is hard at work laying the rails through companies and corridors like Banco Santander, Cuallix, MoneyGram, CreditAgricole, MercuryFX, and IDT Corporation.
They are also working on building the liquidity through more and more exchanges. Many people that don't understand this relationship keep asking these banks when they post on Twitter their plans. Its not these banks and transfer companies' job to build the liquidity. Their job is to lay the infrastructure, As the liquidity goes (and goes through the roof) All these banks can source either directly from the exchanges, or use xRapid, if for some reason their regulators prevent them. Again, this has been laid out as all part of Ripple the company's plan. What I find very interesting is the fact that these banks and companies are tweeting their excitement to be working with Ripple. When is the last time you saw Bank of America tweeting they are working with such and such company, then fielding questions about that relationship?
It takes a long time to research and read up on everything. Once you do, these flash crashes, corrections, and dips won't phase you. DO YOUR OWN RESEARCH.
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