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I was reading a comment from my last video on ripple and it really brought up a valid point. This recent runup in the price of ripple wasn’t due to fanboys or anything like that. It was way too large and had to do with something else, which implies something way bigger. Seeing this move, especially in this cryptocurrency environment, I have a new found respect for Ripple. I do think there are a lot of ripple fan boys and I don’t like the crazy large amount of coins in circulation, but like I said these recent moves and developments of xrapid have helped me accept ripple a lot more as they are no small accomplishments, especially when we look at it in terms of dolalrs. Even though it has overtaken Ethereum, or is in that back an forth, in terms of market cap, I still think Ethereum has more use value. However, we will see with ripple as it seems as if their management is more proactive and is making some big moves with some banks. Until anything gets implemented though this is all just talk, so we will see till then!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Investing in general and options trading especially is risky and has the potential for one to lose most or all of their initial investment.
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