Yves Mersch: Virtual currencies ante portas The ...

The Case for Investing in Ripple (XRP)

I wrote this article in December when XRP was still below 30 cents USD... in you alls opinion has anything changed?
I'll go first:
1) I no longer see XRP as a simple "hedge" trade against regulation but a great investment in its own right 2) My only concerns lie with what regulators would classify XRP as (I.e. Bitcoin Cash is a currency... XRP more of a source of liquidity... so IF regulators disguise the difference would that be good or bad for us? would the difference create more uncertainty and thus less institutional investment?
The Case for Investing in Ripple (XRP)
December 1st, 2017
Hedging Bitcoin with Ripple (XRP) Bitcoin (BTC) has been on a monster run. Hopefully you caught the ride up when Bitcoin broke out of the ascending channel in early November (see Bitcoin Breakout). In life great success has both its benefits and its draw backs, the same is true for Bitcoin. The Bitcoin run is not over in the long-term (although the “blow off top” recently at $11,400 is a short term top), but the volatility is increasingly attracting the attention of regulators. Uncertainty and unease, among skeptics, over the use and stability of Bitcoin will continue to grow as price appreciates. At a certain point Bitcoin may come under pressure if banks and regulators make a concerted effort to reign in the coming disruption. This is why we must identify hedges to our Bitcoin (BTC) exposure. The case for investing in Ripple (XRP) has several attributes, but the best way to conceptualize the investment is the old saying, “if you can’t beat them, then join them.”
Why Invest in Ripple (XRP)? The Ripple (XRP) use case is described on their website:
Today the world sends more than $155 trillion* across borders. Yet, the underlying infrastructure is dated and flawed. Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally.
XRP is the cryptocurrency that gives RippleNet the functionality described above.
Ripple is a partner to the banks, not a disruptor like Bitcoin. Banks will need to develop an offering that can compete with Bitcoin. Several banks and venture capital firms have already invested in Ripple. Ripple has also been hiring prominent former regulators. I know that seems like crony capitalism, but if you used morality as an investment guide then you’d be righteous but also penniless.
Even current regulators are urging banks to develop better offerings to compete with Bitcoin (see ECB’s Yves Mersch: Banks Need Faster Payments to Counter Bitcoin).
Is Ripple (XRP) Currently a Buy? Yes. The chart below shows the asset is currently breaking out of a “bull flag” formation. It is time to diversify and invest in Ripple (XRP).
If you need a better understanding of where to purchase Ripple (XRP) or other crypto assets, refer to How to Invest in Cryptocurrencies.
As always CoinSavage is here to help, see the Token Report section for a report with price target. Members receive chart analysis with weekly updates.
Invest Savagely.
submitted by CoinSavage to XRP [link] [comments]

Vidéos SEO Abondance - YouTube DiaspoRDC Officiel - YouTube

Mersch, who has been with the ECB since 2012, has long been outspoken about the crypto space, arguing that bitcoin was a risky alternative payment system as far back as 2014. 29.12.2017 - EZB-Direktoriumsmitglied Yves Mersch sieht den rasanten Kursanstieg der umstrittenen Kryptowährung Bitcoin mit Sorge und hält ihn gar für eine Gefahr für die Finanzstabilität. Speech by Mr Yves Mersch, ... In the course of 2017 the global VC pool both deepened, from USD 30 billion to USD 400 billion, and widened, with the proliferation of "initial coin offerings" or "ICOs" - virtual fundraising facilities for start-up investors. 1. But in my view, the subsequent market plunge rather points to a fading fad. From December to February the price of bitcoin, the top dog ... Yves Mersch, European Central Financial institution’s key authorized official, mentioned that Fb’s Libra stablecoin is “beguiling however treacherous” Real-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. ... CryptoFigures.com's latest content to stay informed about the cryptocurrencies market prices and its opportunities.... New innovations based on distributed ledger technology (DLT) and blockchain have brought about wide-spread euphoria. Their use to create “cryptocurrencies” or “virtual currencies” (VCs) – to denote their lack of legal recognition – is often touted as something that could fundamentally change the financial sector.

[index] [33091] [403] [46286] [297] [13763] [1379] [40639] [9300] [15565] [10360]

Vidéos SEO Abondance - YouTube

Brexit fog starts clearing up • Media suggest that May’s Cabinet may attempt to settle any differences regarding Brexit on Thursday, on a day in the countrys... Informer tous les congolais de la République Démocratique du Congo (RDC) dispersés à travers le monde Les vidéos du site Abondance : moteurs de recherche, référencement naturel, et SEO ! “Digital transformation of the retail payments ecosystem” Yves Mersch, a member of the ECB’s executive board, was dismissive of these digital tokens but he urged commercial banks to provide ...

#