XRP Explained Simply

XRP Explained in Plain English. XRP Price Prediction.

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0:00 Intro
1:13 What is XRP Ripple?
2:25 What does XRP Try to Accomplish?
3:37 How Will XRP Hit Their Goals?
5:50 Sidebar on Transactions and Deflation
6:41 What is Ripplenet, XRP, and IOUs (important)
10:50 Can XRP Be Mined?
12:18 Criticisms and Risks
14:20 Exchange I Use
14:40 Verdict and XRP Price Prediction

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*I am not a financial advisor. This is not financial advice*

[grimshawthephoenix]

It will be $5 in a month...Think bigger.

[virgojoe]

Man xrp will fly past 5 dollars this year.

[cdee]

Let’s not forget when we compare the possibility of XRP’s future price that the token is deflationary. Therefore we can’t compare it to BTC, ETH or pretty much anything.. it’s the chosen one.

[newtonager]

Crypto currency investment is here to stay especially the asset bitcoin if you can’t see that at this point its time you learnt more about it

[TheDiamond]

Here's why XRP's volatility is less of a risk than traditional bank transfers. First things first, volatility is basically the following formula. Volatility = ((Price Change)x(transaction time)). So basically you'll experience less volatility settling through XRP since the transaction speed is around 3 seconds compared to if you would rely on a traditional transaction that can take up to a week.

[rudysegura]

How it going bud !!! Great job on the video and all your video I just came back to this just to ask, where is xrp at now in your view ?

[alexrees]

I like how the candles really set the mood.

[vincee.]

Great summary overall. I’m extremely bullish on XRP. I think you’re missing some fundamental use cases which could add a lot more value. 1) a future stock exchange and derivatives market settled in XRP (no more 3-5 days for funds to settle) 2) replacement of Swift transacting a couple trillion dollars a day 3) a replacement of the U.S. dollar as the world reserve currency to a new digital bridge asset that can’t be manipulated- the IMF has been discussing this 4) a court ruling that legally protects XRP as a currency while other cryptos are deemed a security. Ripple never did an ICO since XRP existed before Ripple. All others did. The lawsuit is a distraction for what is to come

[nayanpahwa]

Hey man, that volatility problem has already been solved by ODL (on demand liquidity)...so for the banks there is no risk anymore .

[xrpvegas]

You should follow the Blockchain backer he’s always spot on... he says this bull run $10 to $13

[TheDiamond]

Here's why the banks WOULD adopt Ripple tech that uses XRP. Banks love money, no question about it. If they can lower their back end cost leveraging this tech and keep on charging their clients the same as they have till now, they'd be making loads more money. This will be a domino effect where one bank starts using it and slightly drops their transfer cost for their costumers to out compete rival banks who then also have to adopt the tech to stay competitive. End result, consumers will benefit. It's just a matter of time.

[kentondick]

This is one of the most informative videos I’ve seen on xrp. Thank u!

[charlest]

It's been mentioned by a Ripple Exec in a YouTube video that XRP would have to have a set price for its usage. $200 was brought up once as well as $1000. Think of all the banks who would use it Globally. Trillions of dollars .

[abelgomes]

Despite the economic crisis it's still wise to invest in Crypto currency

[psr]

I like this deep dive and with the graph (best explanation that I’ve seen since I’m new into crypto ). I subscribed!

[kobykoby]

That's a amazing video, bro! But give ur view on My Lotto Coin, is it worth trying?

[amosjoannides]

Just a little Technical analysis comment here; in both of the previous two bull runs, both ETH and XRP managed to, at their peak, reach about half of BTC’s mkt cap. If they do it again this cycle, that would bring mkt cap of XRP to around 500B, bringing the price target to around 10 bucks. Assuming, BTC’s top is in already at 60-ish K. For whatever that’s worth. Good job on the vid man.

[gabi.a]

thaaank you. it's been really hard to find videos that talk about the goal of a project like u did at 2:25.

[HankTanker]

bro ur background looks like u boutta vote someone off the island. fuckin wicked sweet

[PhilJLF]

Good video, I’ve had to ubsub to a lot of smaller finance channels and I’ve kept you! You are probably the most transparent out of the bunch!