XRP vs Gold - The real moveWhat if I told you the dollar will be backed by XRP and XRP will be backed by BTC and BTC backed by gold?
would you call me insane? Would you say I should walk away from this space now before I go too far down the rabbit hole?
Well its just a conspiracy theory. And that is where it will sit but its kinda not too far-fetched of an idea when you see how this entire space is developing.
I have a gut feeling that once the feds are done pumping money into the dollar as well as other currencies; printing will slow down dramatically beginning 2020. From here fiat currency will tank forever in a bearish market while digital assets and country by country stable coins begin to take over. These are called CBDC's. Central Bank Digital Currencies. Here is the link for anyone who has not done their research: 2018 publication
www.imf.org
It will be possible to still use fiat currency but it will be like going to the store and using a $2 dollar bill come 2045-50. It'll be rare to even need paper money in 10 years from now in America.
Today, paper money is in my wallet for a short amount of time -- if ever at all. For years now I never use paper money unless I had to withdraw cash to give to someone, but even then, I have paypal and other systems I can use now that have no fees for me to transfer (such as Zelle on PNC which PNC is apart of the Trump executive order for a new global fintech system which also uses Ripple's network indirectly.
Source : home.treasury.gov
Well I think that we will get this kind of announcement in the next decade or towards the end of 2028. XRP will be a driving force like blood in the veins of this entire network supporting bitcoin with oxygen and value diversification at near instant speeds. It is what will pump economic value inside the bitcoin system and all connected protocols that survive the full regulatory rodeo show we have been in since Jan 2018.
In a perfect digital asset / world here is what I would like to see form.
1. New assets for growth to swallow inflationary costs and over valued stocks / commodities / and other investment vehicles....this would put other markets into a corrective state while digital assets grow.
2. XRP would become the universal token for transferring money globally and not just for international payment transfers (that was just the beginning). It will become a "valuable" storage container to secure payments on, save money, make it fast, etc etc...and if the majority of money around the world is constantly pumped through the inter-ledger system it will constantly slowly grow in its value beyond $1 and it would become a perfect fit as a new $100 dollar digital asset liquidity coin/token whatever you wanna call it. I like to say investment vehicle because it acts just like that.
100 billion dollar supply is pennies compared to trillions of dollars. Anyone who thinks that supply matters here with this asset does not fully appreciate/understand the way XRP is destined to work. By design, theoretically, XRP can very well have a 10T dollar market cap and be worth $100 bucks or more if you want to believe that (id love that too), sit in 1st place, but be worth less than BTC forever.
3. XRP supports fiat money transfer but supports the basket of CBDC's that are being used as a vehicle as well for on-boarding and off-boarding value through multiple networks.
4. BTC becomes the official universal digital gold in support of gold usage since its a widely used conductor and in much of our technology it only makes sense to merge these two assets or make them co-exist as a foundation of support / LTC ends up backing or acting like silver and every invention you can think about with silver.
5. ETH begins to act like the S&P500 with hundreds of businesses supporting its value growth.
6. Other things as well but this post is becoming too long so im going to cut it here.
Overall, I thought this was a neat idea to share. Alongside I am posting a historical pic in the comment below of Gold because XRP is looking quite similar in development.
There is so much that can happen in the next 10 years I just can't fathom BTC, ETH, or XRP ever going away anytime soon. That being said....enjoy the waves of the market and be a proud individual to be able to live in a life where we can create opportunity out of thin air that can give us a prosperous financial portfolio.
My goal is to obtain over 100,000 followers so we can all support each other on an invite only scale social network of knowledge, trade, and donation to leverage each other up.
Something like this takes time and this is something I will reach and achieve by 2030.
100,000 people supporting each other over the next decade. Get at me, bring a battle buddy cuz we are going into new trade wars and id rather go into this next decade with an army of people beside me, not behind me, not in front of me.....beside me...taking on the next 10 years together for our families, friends, and ourselves. Because at the end of the day.....we deserve to life a happy life with less debt and more options for wealth and growth. Im sure there are many of you out there sick and tired of being tired down to credit cards, debt, always fighting for good income but being taxed like crazy, have little support or knowledge to grow on... well im here to tell you I am 1 of a few in this world ...a rare breed with enough knowledge to share that'll help many in this world.
If there is one thing I hate growing up knowing...it was the fact my government's system failed my parents and failed me and it was failed on purpose because its a faulty designed system to begin with and has been well known by the banks and federal government since the YEAR OF MY BIRTH. I was born 2 months before the 1987 Stock market crash. What is known as Black Monday...the impact it had on my family took away our opportunity for our family to be fruitful. We started over in 1987 and had little to begin with even then...
The picture is much bigger than just crypto currencies everyone...and I hope this post helps those who cannot see that ...begin to see....
Your network is your net-worth. Build it wisely...and always respect each other.... much love everyone
..as always stay safe out there. Manage your risk....and grow many avenues of investments in your life because there is time for you to do it now but you have to take action and stop telling yourself you will get to it. As my buddy told me yesterday...GET OUT OF YOUR HEAD AND ON YOUR FEET! Actions speak louder than words. Thoughts are just thoughts until they're written on paper and designed into a plan. We all know this but we all don't always live by it!
Make goals. Plan them from A to Z. Live by them like your life depended on it and encourage those around you to help guide you and your plans of life success (not just financially but def included lol).
Peace. Love. Trade.
Xrp-btc
XRP long idea3D bull divs, massive horizontal support holding, good R/R.
I always talk shit about cripple but they actually have some monster partnerships with banks trialing their product. Then theres R3, SWIFT, Santander, etc. Lot happening. Lets see.
Usually when I post ideas it goes the other way, and when I trade silently it works out, so hopefully im not jinxing myself here. Not financial advice!
XRP/BTC Looks Very BullishAlthough the XRP/USD chart looks quite ugly with a weekly close below the .25 level, the XRP/BTC pair looks extremely bullish. As you can see we have closed above a major trend line on the weekly chart. When trend lines are broken major moves occur. As you can see, at the start of the last bull run in 2017, XRP had 3 green candles very similar sizes before it yoinked upwards. Although that isn't very technical it is very interesting. First Target is 3356 second Target is 5532 sats.
Sky Rocket for XRP/BTC over the next few days
BINANCE:XRPBTC
Just a quick one. Xrp/btc is probably about the best bet for big gains in the near future, we are in the bullish terrotory on the rsi and i have a strong suspicion that btc will make alot of quick rallies that dont hold while it tries to bottom out on this retrace. So I am staying away from it at the moment. But i will expect rallies from XRP to stick so therefore xrp/btc makes a sensible choice as i feel it will likely rise on btc rising and also rise on btc falling
XRP CLOSING MY LONGI don't like that alts are following BTC, i am closing my XRP long, only BTC short still active.
LOOK LIKE CAPITULATION COMING. stay safe!
Enjoy.
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INDICATORS USED
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"Lady BTC BOTTOM"
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"Lady S/R"
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Check my last creation:
"Lady GOD"
$XRP change of Direction against $BTCThe Linear Regression is one of my favourite tools to use for my analysis.
XRP poked its head out of the higher LIN REG line as the 100 day direction is down. Along with this the Price created a higher high.
To me this shows a change of direction.
Still looking for a possible support of .00002570BTC
XRPBTC Retraced, What Next?Hello Traders,
Today’s update will be on XRPBTC from previous technical analysis, the retrace happened, what next?
Points to consider
- Price retraced and tested new support (R/S – flip retest)
- Price respected .618 Fibonacci Level
- Local resistance is .382 Fibonacci Level
- EMA’s giving price resistance
- RSI respecting trend line
- Volume Declining
- Stochastics neutral
- VPVR on a steady decline in transactions
- Possible consolidation before next leg up
Ripple has managed to retrace back to its new support and respected the .618 Fibonacci Level before a small bull impulse move up. Small local resistance for ripple is along the .382 Fibonacci level, price is trading within a small range as of now.
EMA’s are currently providing price with resistance, pushing it down towards local support. The RSI is currently respecting it’s upwards trend line; a third bounce from here will prove its significance. The stochastics are currently neutral; we don’t really have a projected direction with conviction…
Volume is noticeably declining, we need to see an increase in bull volume if price where to respect support and head higher. The VPVR shows a clear decline in the level of transactions heading up, with increased bull volume, price can easily test upper levels. It is more probable for Ripple to consolidate in the orange box before making another impulse move…
Furthermore, we do need to keep in MIND Bitcoins Breakout; this can negate any setups in any ALTS
What are your thoughts on Ripple? Will it respect support or break through it?
Please leave a like and comment,
And remember
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.” Yvan Byeajee
XRPBTC - Going long for a longer playPOLONIEX:XRPBTC looks like it is in a good risk to reward position to go long on the weekly chart. The MACD is turning bullish if the weekly close confirms the crossover. Regardless, with the MACD already so low it would be pretty difficult to cross back down again without a major sell off. This is crypto, so I'll have to monitor that situation.
Stochastic RSI is also leaving oversold conditions and could provide some relief in the coming weeks.
As for the price, I'm expecting it to test resistance from the previous supports that failed recently. If you've looked at other ideas I've posted lately, you can see other altcoins hitting their previous supports that failed, and POLONIEX:XRPBTC has yet to do so. XRP has a cult like following and likely won't be lost in the bear market, so I'm thinking this is a great spot personally.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
Basic Support and Resistance AnalysisThe chart speaks for itself... what do you think?
I see there isn't really much resistance to break approaching 1$... However, I do also think it would need a right combination of elements for it to truly break to the upside, with momentum and volume, I do think a breakout above this prices won't be slow and steady but instead sudden and unexpected. In addition to that, nearing support isn't also much, so it would be interesting to see if these long term support levels are broken.
INSOLAR, BITCOIN, XRP : INTEGRATIONAlt Season maybe ahead or maybe not.
After knowledge and adoption next step is integration;
World knows crypto; some, both private and Institutional have already adopted them (or they will);
Next step is to "integrate" the different concepts into the different industries and let them work jointly and smoothly (blockchains with "real world" via other "oracle" blockchains- placing smart contracts among other smart contracts-, or with other blockchains through "atomic-swap" etc).
First to be "partially" integrated have been the "coins" intended as means of payment or transfer of value... quite logical considering that we already operate into a System (Financial System) completely de-materialized.
But World doesnt need thousands of token, blockchains or coins.
We may need probably multiple of tens:
1- BITCOIN as "store of value", decentralized, fair, limited, public, etc etc etc to "save" the system from the "irrational exuberance" of ITSELF with infinite money printing, fractional reserves practices, etc etc...
2- MAYBE XRP as the "public" settlement token (since many banks etc are already using or working on their "private" one); have to say I dont Own or like XRP: centralized and "privately governed" as much as could be the PBOC future token, however more "FAIR" than all the possible "others" that any Central Bank or Government can issue in the future, efficient, "regulated" and accepted\used (also considering that its Consortium is backed from the same Banks that are anyway now working on their own platform), etc etc. Clearly there is NO FUTURE (unless into the "dark market" I suppose or in the very "third world" countries) for "privacy coins": Korea started already among the "crypto friendly" countries... then.... we always had China and, India..... then Japan (?) and USA will probably follow.... then maybe EUROPE (France and Germany already "struggling" with "LIBRA", etc etc); clearly the most "advanced" blockchain jurisdictions, if jointly represent also regulated countries, will be the first to "fight" the concept of "privacy" that can be used to illicit scopes, that can deteriorate their image, rating, relations etc, let them become the next "dark" heaven for some reasons.
3- Some Blockchains projects, functional to their "being": TRUST. Here clearly we have Ethereum ETH, the "grandmother"... but as everyone knows with some limitations (clearly arised thanks to adoption..who could know before...): scalability, speed, somehow security (for itself and other networks\dapps relying and built on it), etc etc; here comes the other projects trying to "bypass" the bugs: TRON, NEO, CARDANO, etc that clearly gained their "rank" into the industry BUT if ETH is nonetheless the most adopted and trusted "infrastructure" I suppose there is a reason. Even EOS (I personally prefer and Own TLOS, from my perspective a much more efficient, decentralized and fair project.... forked from EOS) was unable to get the "throne". However TRUST is not sufficient, because if "CORE" blockchains maybe functional for a specific purpose\dapp, then each blockchain need to interoperate with another AND, in many cases, need to be connected with the REAL WORLD. And so, on such, project like CHAINLINK (LINK) pumped like rockets. Obvious :). And now other are coming. Therefore its reasonable thinking that beyond the "core" (or FIRST\SECOND Generation) blockchain projects, now its time for projects being "utilities" of the existing infrastructure. Maybe the case.. or maybe not. If you build facilities into an existing building with a weak basement to attract more guest, probably the only result you achieve is to have the building "overcrowded" when it comes down.
Maybe are the 4th\5th generation blockchains the ones who will completely change the overcrowded "token\mainnets" marketplace.... to rescue all guests of the building. Once someone will deliver a "code" and mainnet infrastructure trustworthy, able to "talk" with the other private or public infrastructures, connected to the real world, in the position to manage transactions, information flows, security, compliance and regulation rules, etc etc then probably we will experience the real MIGRATION, not only of "dapps", but of habits, adoption, USE. Then probably we will have Bitcoin as "store of value" against the political systems inefficiencies, XRP as "public" alternative among many others "value transfer" private solutions, and a bunch of 4th\5th generation blockchains that like the Iphone or SAMSUNG will enter and be into Our day-life to interact securely and efficiently with everything.
On such Insolar may represent the Iphone or SAMSUNG, maybe a real GEM... maybe not. I personally Own some of her.. and not only because of the potential "profit", but because somehow I would like to think to be one of the, perhaps, 16.000 token holder, who helped and funded "Steve Jobs" to build and drive a revolution... for me, my kids, my friends......
Looking at the chart (I'm not a chartist "pro", but think that a chart can summarize much around the "mood" of people and investors in the Company\Project... unless its manipulated clearly :) ), INSOLAR (INS) first target could be 3,48$ ( equaling 149MM$ Market Cap considering 36.250.000 token issued);
MAIN-NET alive from 1st October with Token Swap 1st November: insolar.io
Token staking: insolar.io
4th Generation Blockchain: insolar.io
Big partnerships in place and a remarkable Team: xangle.io
N1 GITHUMB commits: www.cryptomiso.com
Major Exchanges: Binance and Bithumb with volumes and liquidity in the TOP100: etherscan.io
Dapps and Products under testing already, as the Transactive Energy System (TES): medium.com
In essence a real project extremely undervalued from my perspective, and that may represent the NEXT "grandfather" with a long term target around 73$ (2.6B marketCap)? who may know... and as soon as those "minds" will work and try to change Our life in better, I'm with them.
Best
$XRP IN CHANNEL! MOVING AVERAGES ABOUT TO CROSS WATCH THE MOVING AVERAGES CLOSELY. DROPPED LAST TIME THIS HAPPENED!
XRP in a nice channel for easy small profits in the meantime. I wanted to address the 50 MA that is about to pass the 200 ma. Last time this happened you could see tension building with volume and the closing of the pattern. This time around it will do the same thing and not quite cross one another and drop (first green box) or they will cross and we will see a big impulse move upward.
XRPBTC: Approaching its Bullish Break-out PointXRPBTC has been consolidating for the past 30 days (1D RSI = 47.639, MACD = 0.000) having previously failed in July to cross the 0.00004030 Resistance, which was previously the 1W Support.
The same price behavior has been spotted during the previous cycle. The candle action is identical and as such we have concluded that we are approaching the major Bullish Break-out point.
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XRP/BTC trade warThis trade war seems to be going Chains way. But that can only be sustained for so long. Another super power is on its way.
Prepares a long waited strong move is on the horizon, as XRP ledge will convey the gold trade with GBI not BTC
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