XRP - Hold!
Coinmarketcap's decision to exclude Korean prices from the displayed XRP price made the price appear to drop, likely triggering some panic selling. Look closely at the data and don't be mislead.
The price is still stable and all good. So anyone thinking about selling. Hold!
Also even more good news for XRP!
Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered.
“DMM Bitcoin will launch a new service site for virtual currency trading on January 10, 2018, and we plan to start accepting account opening applications on January 11.”
DMM Group previously operated a small crypto trading platform called Tokyo Bitcoin Exchange Inc. This platform was approved by the Japanese Financial Services Agency (FSA) on December 1st, 2017. It became one of the only 15 exchanges in Japan which the agency has approved so far. Tokyo Bitcoin Exchange has been renamed to DMM Bitcoin and has suspended its services.
The 7 supported cryptocurrencies are bitcoin (BTC), ether (ETH), nem (XEM), ripple (XRP), litecoin (LTC), ethereum classic (ETC), and bitcoin cash (BCH).
Trading on DMM Bitcoin is available on iOS, Android, and PC. Trading tools will also be available similar to those offered to foreign exchange (FX) trading customers on DMM FX, the company’s FX trading platform. Deposits and withdrawals are available in Japanese yen, bitcoin, and ether.
Thanks
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https://news.bitcoin.com/japanese-dmm-crypto-exchange-launch/
I am currently trying to sign up for Binance to buy XRP. They have suspended sign ups at this time because they can't handle the volume. I suspect the volume is due to interest in XRP. I wonder though if it's too late to buy. Also if it will be too late by the time my Binance account is approved. If XRP had been listed on Coinbase or Coinomi I would have bought it back in August.
I think we havent even seen a major bank adopt XRP yet and so when they do, and they will, XRP will keep trending upward.
Will it go up another 10x or 100x? Wow I mean if its the cornerstone of banking in 2020 yes it could, but my expectations are much more modest than that. I am expecting a $5.00 or even $10.00 XRP by 2020.
But I base that on an expectation of growing, wide scale implementation, by banks, of the XRP through the Ripple net project.
Yeah Bittrex and Binance have suspended sign ups its due to the sheer number of people trying to jump on at the moment which has overloaded them! I would advise looking at one like Poloniex possibly? I can't give you financial advice. But It has yet to hit coinable yet and it still has loads coming out! So personally I would jump on. Now everything is on a dip to. So its a good buying chance!
Its always good to calmly assess your position as you advise. Good post. XRP is a significant part of my portfolio and I am not selling for a long while.
Thanks man! Means a lot! New on steemit posting so hopefully can find good info to put out!
Keep to your interests. Post honestly and earnestly and people will come. Definitely recommend powering up all the steem you earn, it will compound your growth and success.
With writing like yours I have no doubt your growth will come. Keep up the great work and welcome.
Upvoted, and followed.
Thanks I appreciate it!
If not right now, what would the next buy signal be at? Please follow me and upvote my first post. Resteem it. Lets make this year unbelievable!! Vincent B
Look at the market cap on ripple and look for a drop, to be honest I see ripple going at least 5-10$+ eventually! But then again I am not a financial adviser! So do your research but yes its a very promising coin.
I appreciate it. Alcoins took a bit of a dip today im guessing due to the BTC price drop