Ripple update: Three very good reasons why you should not panic-sell your xrp!
Regardless of the Temenos T24 “switch” that is supposed to get flipped on in the next 10 hours or so according to SamIam’s most recent live stream, I will continue to purchase XRP as long as it is a reasonable price. I love Sam’s content, but I think we should stay grounded for the time being, and simply assume XRP will be the standard. With regards to speculation on T24 and Temenos, it will most likely take place in the next 24 hours. I will not cite the Temenos T24 / SR2018 “switch flip” as a reason, because it is nothing more than speculation for the time being. If you would like to keep your eyes glued to this event, you can watch the time in Geneva here, and pay very close attention to fluctuations during business hours (If this event takes place, it will be when I am asleep): https://www.timeanddate.com/worldclock/switzerland/geneva
**EDIT: If you want speculation, we had a flash-crash an hour ago at about 9:00 A.M. Geneva Time. See here:**
Three reasons to hold your XRP:
– Financial institutions have XRP. They, as far as I know, are not obligated to sell XRP.
– A lot of people are speculating (myself included) that people are dumping BTC and ETH to get in to XRP.
– Besides Tether, XRP, has tumbled the least with this plummet in the market. This is a necessary trend that must continue if XRP is to surpass BTC.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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