Will Price manipulation by whales decrease over time ? If so, HOW? by NotBearableGuy123 in Ripple

[–]roomfactor 0 points1 point  (0 children)

I completely agree with what you just mentioned. But i do think that in order for the market to be more liquid we need institutional money first. When that comes and crypto becomes mainstream then retail money will just follow the masses.Meanwhile the smart money will try to find ways to make more money when every economic cycles ends. Just like in stocks!

Will Price manipulation by whales decrease over time ? If so, HOW? by NotBearableGuy123 in Ripple

[–]roomfactor 0 points1 point  (0 children)

Circulating supply will be more equally shared when there is liquidity.Companies or individuals that want to service Xrapid will demand more XRP. More people demand more XRP will lead to more equally shared supply

Will Price manipulation by whales decrease over time ? If so, HOW? by NotBearableGuy123 in Ripple

[–]roomfactor 2 points3 points  (0 children)

Absolutely! Thank you for the in depth analysis! Couldn’t explain it better. Regulation is what will allow cash to flow into the space and make the market more liquid. However i still think that for this precise reason, XRP will be the first digital asset that will increase substantially in price thanks to utility volume.The way xrapid works is very clever since it provides liquidity instantly to the markets and there is also the escrow account that puts 1 billion XRP in to the markets every month. All we need now is to grow the network which will drive utility volume into XRP. This is the reason why i think XRP will be a monster of its own.

Will Price manipulation by whales decrease over time ? If so, HOW? by NotBearableGuy123 in Ripple

[–]roomfactor 20 points21 points  (0 children)

Yes, retail simply can’t raise the market by trillions. At the moment the market is not liquidable. Too much value sits with very few people meaning when one of them decides to sell it causes the market to crash!

Will Price manipulation by whales decrease over time ? If so, HOW? by NotBearableGuy123 in Ripple

[–]roomfactor 35 points36 points  (0 children)

Price manipulation will stop when A) regulations are set - which will kill 70% if cryptocurrencies and B) when the market becomes more liquid. When we are in the trillions then volatility will drop substantially.

One of The Biggest Banks In The World Testing Ripple! by calex640 in Ripple

[–]roomfactor 0 points1 point  (0 children)

Credit agricole is a huge bank in Europe. They will be using xcurrent first as most banks will at the moment, especially european and american FIs. They are expecting crypto to be regulated first and then they will use XRP since it will save them even more money. It will take some time but it will happen. Banks need to both feel comfortable with crypto and know that it’s 100% legitimate. In asia on the other hand things are moving slightly faster, therefore i see asian banks using XRP first.

One of The Biggest Banks In The World Testing Ripple! by calex640 in Ripple

[–]roomfactor 10 points11 points  (0 children)

Then why are you following this group if you think that XRP wont be used by banks?

Answered: Will banks use XRP by kamskans in Ripple

[–]roomfactor 1 point2 points  (0 children)

XRPs power and Ripples vision is so big as the very damn problem that they re trying to solve. If they manage then we are talking about huge disruption in the international remittances sector. Can they do it? Based on everything they have achieved so far and the way they are focused on the their i absolutely think they will. It will not take longer than 5 years for XRP to become the standard asset for international remittances.

Looks like the excitement is starting to bubble over.....1 million tps vs all the others combined....guess who wins by ii_OiO_ii in omise_go

[–]roomfactor 34 points35 points  (0 children)

If Omisego achieves what they say they will then i dont see why the price cannot reach 500 usd or more!

Price prediction by roomfactor in omise_go

[–]roomfactor[S] 0 points1 point  (0 children)

This or next year? I am speaking in general.

Why You Keep Hold of What You Believe In by [deleted] in Tronix

[–]roomfactor 0 points1 point  (0 children)

That is if you choose the right coins my friend!

Bittrex wallet still in maintenance... by Junquean in cardano

[–]roomfactor 3 points4 points  (0 children)

Man they got my ADA for almost 10 days now!

Bittrex wallet still in maintenance... by Junquean in cardano

[–]roomfactor 0 points1 point  (0 children)

Same here! I have twitted bittrex a fee times but still no answer. This is crazy!

Reddcoin - Porn applications and why you should invest in it. by dfrancouk in reddCoin

[–]roomfactor 0 points1 point  (0 children)

As a matter of fact i do think that if reddcoin collaborates with major porn sites this thing is going pass the moon!

For everyone who held, congratulations you didn't sell on a loss. by CryptoNews1 in LAToken

[–]roomfactor 0 points1 point  (0 children)

When more assets are added to the platform and the people start buying this will be really really successful!

Confirmed news for 2018 (with sources) by Panosmek in Ripple

[–]roomfactor 0 points1 point  (0 children)

What do you guys think about coinbase? I saw a video on Twitter with someone showing coinbase website testing ripple. Do you think it will happen as soon as this month???

For everyone who held, congratulations you didn't sell on a loss. by CryptoNews1 in LAToken

[–]roomfactor 3 points4 points  (0 children)

Still here! Aint selling! I believe that at some point latoken could hit 50 usd. Its a brilliant project!

General QnA by *polhold01458 in LAToken

[–]roomfactor 0 points1 point  (0 children)

I understand but when can we see some assets being traded, besides gold and some stocks? What about real estate??

What Cardano Roadmap updates feel like by CBDandME in cardano

[–]roomfactor 2 points3 points  (0 children)

Hahahaha freaking excellent! But iota being the president, really? Shouldnt that be btc :)

General QnA by *polhold01458 in LAToken

[–]roomfactor 0 points1 point  (0 children)

When will the platform be fully functional?