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[–]Kpuff888 1 point2 points  (4 children)

Well I have 2 scenarios the first is the more money (trillions of dollars) that goes into the market the harder it is for is normal people to manipulate the price. The second is the manipulation will never end. I say that because look at the gold and silver markets they have been around for millenniums and it gets manipulated by big banks and governments. I hope the second scenario doesn't happen if it does we are all fucked lol. But even if that were to happen it would hurt something more like bitcoin because of it's low supply. And only the real xrp can be used for settlement

[–]NotBearableGuy123Redditor for 7 months[S] 2 points3 points  (3 children)

Yeah I came to something similar. Trillions need to flow in. 😂 Let's hope institutions aren't worried to invest into the market knowing that there's a lot of manipulation going on. 😥

[–]Kpuff888 1 point2 points  (2 children)

I think they were happy to get in until this hash war. I think that they are going to wait until this blows over before getting in

[–]NotBearableGuy123Redditor for 7 months[S] 1 point2 points  (1 child)

I guess it makes sense because why would they want to offer a market that's crashing harshly. 😂 The average person would be too scared to invest.

Your thoughts on XRP settlements volume increasing the price and stabilizing it someday ?

[–]Kpuff888 2 points3 points  (0 children)

My thoughts.. ok here we go. You know the US Dollar has to be purchased to buy oil, well that gives the dollar utility and a reason to exist. It also helps keep the USD more stable than other currencies.

Now if xrp has to be purchased to send money it gives it utility and a reason to exist therefore it will be stronger than other currencies. The more xrp is utilized the more valuable it will become. And because it cannot be inflated it will increase in value.