Good day all ๐๐
In this description I will focus on why XRP has potential for huge gains, for a more technical approach I consider checking out more charts!๐๐
XRP/Ripplelabs and its hidden forces: ๐คจ๐
Yes, as we know(hopefully,) XRP is not a good thing for crypto in any way shape or form. Have you ever asked yourself why the case of XRP versus the SEC has been so easy? Have you ever heard, "If it's to good to be true, it probably isn't true?"" ๐ค๐
This entire thing was played out from the start. XRP is the banking crypto. It always has been. A Real-time settlement system, created mainly for executing transactions in the banking system. Well news flashโ๐ฐ! The same people that run the SEC also run the central banking system. Actually, XRP has been in talks with the central banks for some time (which they openly admitted.) So, why then would the SEC deliberately shoot themselves in the foot?
They wouldn't! This case was made to change the image of XRP. XRP was always destined to win this case as well, with the added benefit of getting many to sell their XRP. With retail traders ( average Joe's) selling, this Reduces the price of XRP substantially, allowing more of it to be bought up on the low from the whales๐ณ๐, before boosting the price back up substantially. Speculatively speaking, the judge was bought from the start, I just didn't know who bought her. I see it clearly now.๐ฆ
Supply and demand: ๐โ๐จ
With the case wrapping up, demand shock is imminent. We're already seeing this happen. The difference lies in if XRP wins or settles. Settlement would likely end up in Ripple executives being barred from selling their XRP holdings for a period of time. In the beginning of XRP, 65 percent of the pre-mined coin was distributed amongst themselves(XRP developers,) while the remaining 35 percent was released to the market, much of which was sold off and I believe they bought a lot of it back it up as well. This is important because it would create an extreme supply shock in the market of XRP. These two forces combined would allow the price of XRP to skyrocket.๐ฅ
My advice is this: Play along! Jump on the gravy train๐ณ๐ and than smash XRP into the ground, where it belongs. This so-called "cryptocurrency" doesn't even utilize blockchain technology. It is one hundred percent centralized! These people trying to manipulate our cryptocurrency markets, need to go back in the deep dark holes they crawled out of to begin with. ๐๐
So in conclusion, yes, I just bought XRP for the first time recently. It's a good bet, know thy enemy! I feel the same way about Elon. He's a complete sadist, if you don't agree, just look at the people he surrounds himself with๐งโโ๏ธ๐งโโ๏ธ. These people want us all to starve! I think it's time we flip the script once and for all. Time we beat them at their own game, one way or another.๐คดThis is why cryptocurrency gives me hope. The people pulling the strings think we're all stupid. We're not! This will result in their demise๐. It's not just XRP, there are cryptocurrencies throughout the market cap that were literally created for nefarious purposes. It's naรฏve to think otherwise. Look at our traditional finance system. We need to wreck these assets before it's too late, or Crypto will just become as broken as our traditional finance system. ๐ฝ
Today:๐ฆโฌ
I invite you to read between the fine lines and think for yourselves! Do you read the crypto news? If so, who is publishing this news and why You should all be asking yourselves these questions. The only way out now is to think for ourselves and stop caring what other people think. I don't care what anyone else thinks anymore. Why should it matter, when I believe in my heart that I am right? That being said, always remember ๐๐๐This is not financial advice๐๐๐ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss โ๐๐ฒ set๐
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Jazerbay