XRP- Price Discovery or Price Valuation?!?!?!??!
We discuss JPM creating their own coin and what it means for XRP. I’m not a financial advisor. This is for educational purposes only!!!!
You can follow me on Twitter @Bakkupbradley.
I’m not a financial advisor. This is for educational purposes only!!!
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Bro is that Horse shirt from The Horse in Fells Point? Howdy neighbor!
Many people expected we would bottom out at the end of December 2018 based on the cycle which many thought will repeat itself. Same thing was expected in January with same shocker result. A lot of people also are waiting for btc to drop below the $3000 mark which i so don't see happening. Now, its mid-February and the chances are, we may see a reversal and start bulling or we may experience a further decline or experience a stagnation for a while. There is actually more to forecasting price action by reading the news. This is because the relationship between them is not one on one. Bearish news don't always result to decline in price while bullish news don't always leads to increase. What to do is study historical patterns, news and scenarios. Upon understanding these well enough, you may be able to predict a occurrence of the circle if it ever shows up again. In addition to this, its extremely paramount you understand technical analysis which will form the basis of whatever decision you make in your trades. One step to making great profit would be to take your time and learn the ropes of trading which may take your time and perhaps still lose. Another would be to use the system of a very successful trader and copy signals/strategies. This option actually has made me a lot of money since i started trading with the guidance of Smith Kenneth. We started off by him giving me very sound advice on how best to invest my time and money in cryptocurrencies. i then started trading demo using his signals and when was comfortable enough, i went live and the result has been amazing. The greatest thing about him is his willingness to help and solve problems of others. If you need his assistance or guidance with any aspect of trading and earning consistently in cryptos. You can contact him on GMAIL(smithkenneth754@gmail. com)
Excellent observation!!!
The more fud, the more spammers and haters, the better XRP will perform, or is this wishful thinking?
I saw someone in a chat say that you were an idiot for thinking there would be a price set. They said that the government couldn’t do that! ? these youngsters don’t know their history. They don’t know the government can do anything it deems fit including take your land or personal property if the country’s welfare is at stake. They made it illegal to own gold from 1934 til the 1970’s. These kids better wake up. And if you aren’t the smartest in the room; you are in some dang good company my friend.
Lets party mother fuckers. !!! #XRP
We will have both!
Great stuff as usual my dude! It has to be valuation. That's why Yoshi can boldly state a $10.00 price. He knows that "price set" is the key and that valuation is a common model in the financial markets
Good info, sent this video to a bunch of people. I agree, this .30 price range is very suspect
Brad I think there must a valuation model, the value can’t depend by transaction, we should calculate sinergyes xrp produces each time it is used by a firm in terms of better balance sheet at the end of the year, all the advantages which will come from the firms that use xrp and those advantages in terms of revenues must be clear in balance sheet, im sure they will give a contribute to the price valuation.
Nice ! Thanks Brad! Exciting times!!!
News Flash… every bank that has internal coins makes conversions for international remittance and out of house transfers possible by simple conversion …
You are killing it brother! Im with you on that one. I could see a flood of institutions coming in at a rate where a evaluation would have to happen. even if the 200+ cliants we already have wanted to start leveraging xrp in say a span of a month or so this would have to happen wouldent it? And dont forget we dont know who most of these 200+ clients are. For all we know it may only take a hand full of those clients wanting to leverage it could result in a evaluation. This is my thinking, let me know what you think.
Chinese Bamboo…
Bro best XRP Video to date. This totally falls into wether we see a flip switched or a typical bull run. We may wake up one morning after the powers to be decide and it’s at $1000 or we may see a gradual increase over time. Love your content. You have definitely evolved in the XRP community with having the best videos. Hands down you are amazing!!! Great stuff.
This is such an interesting perspective. well done as always.
https://youtu.be/FcPho2H2AMs
John 3:16
I have alot of xrp…hope you are right. Xrp needs big banks to get on board…
Good vid brotha ! I was hoping you’d go live again tonight .
Love yr video's Brad! Most educational! XRP will be the Patriots of Digital Assets 🙂
Been telling people for 8 years now… Crypto is not stock, the stock rules dont apply to crypto. Only utility and use cases are important for crypto, furthermore XRP is the only coin that has a company building an ecosystem for it – at least publicly…
So if you want to evaluate crypto based on a business model like you do stocks, then XRP is about the only one with enough business partnerships to do so….
As usual you’re the man. Thanks for your work ?
Great info as always, thank you Brad! ?
Thanks again for your enormous energy and contribution. JPM curiously timed announcement about yet another currency of some sort is nothing other than yet another attempt in spreading FUD for self serving purposes, whatever that maybe.
On a different subject, people have noticed that on xrpcharts.ripple.com for the past few hours the all Volume Stats are disconnected, which is very unusual. Something happening here? Any thoughts?
Come on in is a great catchphrase
Brad im with you man, this is so funny watching whats going on and where were going. Who cares who comes out with a coin. My feeling is like this. It comes down to trust. The masses trust banks, just ask the average joe about crypto. They laugh and walk away. Mainstream media has they're minds and money. With this news because the bank said so those people will come to like and trust the JPMcoin. I say cool. XRP still has to cross border the JPM coin because we both know the world wants nothing to do with the dollar or its stable equivalent. XRP baby!
Brad
DAI’s latest video stated that a Precious metals company by the name of “SUISSE” now accepts XRP as payment for gold and silver. I went on to their website to register and amongst all the dozens of countries on the registration form I could not find the USA ?? listed
This would be another option as a exit strategy if it’s true
XRP volume is gone ???
Hey brother