XRPUSD playing out like a google search trend. this is not FA. This is lines on a chart. this is not FA. This is a screenshot from the future sent by a buddy of mine in the future PEPPERSTONE:XRPUSD
14 years into the future and Xrp is STILL under a dollar?????????? You're beyond retarded.. and so is your buddy from the future!!
gravy49
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@Immortalsouls, LOL bro in order for it to moon you personally need to sell. settle down ok rummy if you end up buying any of these breakouts let me know
p.s a buddy of mine form the future said you sold low bought high everytime :/ rip
Immortalsouls
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@gravy49, Dude.. Xrp's burnrate is approximately 10,000 a day currently. It's doubled literally since a year ago! So imagine in 14 years time.
And you need to buy to sell.. more rubbish talk from you 🗑 Oh and if it mooned in 2017 and people owned some Xrp prior to the bullrun.. they actually don't have to sell anything.
gravy49
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@Immortalsouls, most of your posts are for xrp, do you not own them? bro burns do not mean shit, if volume was concurrent forever sure but its not. artificially inducing scarcity does not boost the tokens utility. It'll be a token that everyone sleeps on for years, and it'll have the occasional run/breakout to scare buyers in. That's it, that's how all cryptos work. oh and from those burn rate numbers then in 10 years a whopping 0.068% of circulating supply will be burnt.. wow, only another 14616 years until all currently circulating xrp are burnt.
And if you're 1/million who bought pre ico craze, you're still in the 99% camp probably destined to sell one of these lows one day, you're not immune.
My take on most cryptos, years of bleeding, bitter lows, moonboys praying, and fuders/fomoers rushing in when we have the occasional breakout run. rinse and repeat, hence the satirical google search trend headline my guy **Shrug Emoticon
Immortalsouls
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@gravy49, You should add the fact that Xrp lows have been uptrending average 0.06 cents a month since it's inception. Still takes Xrp over $10 in 14 years. Don't have to even rely on burnrate lol! Xrp's only expanded in adoption throughout the US, and by banks in multiples of other countries such as Indonesia, Philippines, Vietnam in the past month. This won't be an immediate impact on the price, but 14 years lmao! Dream on wonderboy.
gravy49
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@Immortalsouls, wonderboy here, ripple network has no reliance on the xrp token. the token has no utility, the ripple infrastructure does sure. Some banks have been using it, apparently rumours that even fednow will incorporate it to some extent. But No demand for the token from a utility sense. do what you will, i'm not buying breakouts, ill be exiting. ty4urtime gn
Immortalsouls
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@gravy49, Cross border transactions is big utility worldwide actually and solves a massive problem. Not to mention that Xrpl makes Xrp a bridge currency. Even Bitcoin can be transacted on it & the more transactions equals increases in burnrate, more adoption equals higher prices. Even Valhil Capital's 2% adoption rate per year puts Xrp at $9000 in 10 years. No exaggeration. Do some homework.