https://cryptoyoda1338.wordpress.com/2017/04/20/why-etc-xrp-ltc-will-change-the-game-soon/amp/
Why ETC, XRP & LTC Will Change The Game Soon
#2 Ripple
Okay folks, lets be clear about Ripple. In all honesty, there is enough evidence, Ripple is the attempt to create a complete new financial system after the old system inevitable has to die. A money system that produces more debt that money that is needed to repay those debts doesn’t even work theoretically. It is doomed to fail. There will be no savior, because there is no solution to the broken existing system we are living in today. You cannot create more money to pay back interest on debts, because when generating new money, new debt is created as well. Vicious cycle. Will be dumped on citizens head eventually. The elite knows that the collapse is past due. Ripple is the new system that will replace the old, eventually connecting the whole world digitally. They control the majority of XRP’s supply aka pre-mine, and will the great benefiter after all. But this the moral issue.
Ripple is a distributed financial technology, enabling banks to send real-time international payments across networks. With Ripple, banks can meet growing demands for faster, low-cost, on-demand globally payment services for any payment size. The result: new revenue opportunities, lower processing costs, and better overall customer experience.
Ripple.com
In other words, banks will save tremendous capital enabling worldwide instant transactions to everyone. This is big for banks. Sending money in SWIFT is expensive and slow, there needs to be a transformation. Right now 15 of the 50 biggest banks work with Ripple to create a worldwide network. Every week they are adding more banks to their partnership.
It is nice to have high ambitions. In case of Ripple, they have the resources, network and influence to make this happening more sooner than later.
The International Money Fund (IMF) concluded the first-ever meeting of its High Level Advisory Group on FinTech yesterday. In total 14 participants attended a panel leading up to a closed-door session with IMF managing Director Christine Lagarde.
Of course including Circle, Chain, Digital Asset and Ripple. What that means is that there are plans to implement Ripple on a larger scale with help of the IMF, which is BIG NEWS. Does anybody think Christine Lagarde meets with Ripple without having a clear goal to achieve? It’s just not their style, they know exactly what they are doing: Working on a worldwide, international payment networks.
In terms of technical analysis, the situation is plain simple. We broke the longterm trendline and had a strong spike up on high volume. Right now we are retracing, and hopefully retesting the support zone at 1111, which is likely the last opportunity to add up on your position with high multiplicator. After all you are buying a coin that is the underlying asset of the Ripple Network for about 1 cent. The more successful the Ripple network, the more valuable the underlying asset. If XRP is used to send and convert money in this international payment network, you are good to go to buy some cheap before it reaches mainstream. Enter early if you haven’t already, lower your average entry price, trade to increase your coin amount. Hold longterm, wait for it to be fully implemented into the new banking system. Then reap an abundant financial future.
Why ETC, XRP & LTC Will Change The Game Soon
#2 Ripple
Okay folks, lets be clear about Ripple. In all honesty, there is enough evidence, Ripple is the attempt to create a complete new financial system after the old system inevitable has to die. A money system that produces more debt that money that is needed to repay those debts doesn’t even work theoretically. It is doomed to fail. There will be no savior, because there is no solution to the broken existing system we are living in today. You cannot create more money to pay back interest on debts, because when generating new money, new debt is created as well. Vicious cycle. Will be dumped on citizens head eventually. The elite knows that the collapse is past due. Ripple is the new system that will replace the old, eventually connecting the whole world digitally. They control the majority of XRP’s supply aka pre-mine, and will the great benefiter after all. But this the moral issue.
Ripple is a distributed financial technology, enabling banks to send real-time international payments across networks. With Ripple, banks can meet growing demands for faster, low-cost, on-demand globally payment services for any payment size. The result: new revenue opportunities, lower processing costs, and better overall customer experience.
Ripple.com
In other words, banks will save tremendous capital enabling worldwide instant transactions to everyone. This is big for banks. Sending money in SWIFT is expensive and slow, there needs to be a transformation. Right now 15 of the 50 biggest banks work with Ripple to create a worldwide network. Every week they are adding more banks to their partnership.
It is nice to have high ambitions. In case of Ripple, they have the resources, network and influence to make this happening more sooner than later.
The International Money Fund (IMF) concluded the first-ever meeting of its High Level Advisory Group on FinTech yesterday. In total 14 participants attended a panel leading up to a closed-door session with IMF managing Director Christine Lagarde.
Of course including Circle, Chain, Digital Asset and Ripple. What that means is that there are plans to implement Ripple on a larger scale with help of the IMF, which is BIG NEWS. Does anybody think Christine Lagarde meets with Ripple without having a clear goal to achieve? It’s just not their style, they know exactly what they are doing: Working on a worldwide, international payment networks.
In terms of technical analysis, the situation is plain simple. We broke the longterm trendline and had a strong spike up on high volume. Right now we are retracing, and hopefully retesting the support zone at 1111, which is likely the last opportunity to add up on your position with high multiplicator. After all you are buying a coin that is the underlying asset of the Ripple Network for about 1 cent. The more successful the Ripple network, the more valuable the underlying asset. If XRP is used to send and convert money in this international payment network, you are good to go to buy some cheap before it reaches mainstream. Enter early if you haven’t already, lower your average entry price, trade to increase your coin amount. Hold longterm, wait for it to be fully implemented into the new banking system. Then reap an abundant financial future.
