It really dawned on me that perhaps thee end of 2017 is really going to be a magical moment for Ripple. here's why.
I really didn't put two and two together until now with your post 
I'm seeing a perfect storm of events now.
Ripple is the best entry point for all the "small fish" to invest in crypto. I mean who the hell has $3000+ cash sitting around in disposable income they can throw into Crypto for just ONE COIN? when you can take that same $3000 and put it into XRP?
It's a No Brainer really.
but let met get back to #1 and #2 these two I'm most excited about. These two specific things are from the looks of things happening AT THE SAME TIME.
PLUS you've got RIPPLE having announced their 3 new features for Ripple as part of their suite?
lol It really is an ORGY of EVIDENCE that point to ONLY ONE THING.
Ripple's XRP is a WINNER. and I'm predicting (with no full on research or technicals) that XRP will hit at the very least $1 before the end of 2017.
Ask yourself one thing. The so called WHALES we keep hoping will drop big wads of cash on XRP? You all say they need to see some good news first.
IMAGINE! ( For a Second!)
What if some whale in Switzerland or Hong Kong or Cayman Islands read these headlines TOGETHER.
"SBI successfully completes commercial use of XRP. Transmitting several billion dollars in transactions at a rate of 70,000 transactions per SECOND. With a total COST SAVINGS of 60% per transaction using XRP in combination with Ripple's IOU system (similar and faster than antiquated Swift). Each transaction was completed securely. All transactions were SETTLED in REAL TIME within SECONDS."
"SBI announces purchase of 20 billion XRP's at market rate of .18 cents per XRP" or "SBI announces purchase of 1 billion XRP from Ripple for undisclosed price with agreement to not flood market with XRP and to only use XRP internally." (This one I'm not sure)
"Ripple successfully completes putting 55 billion XRP in escrow for next 20 years."
Just these three above? AS IS.
Do you really think all the whales who made millions on Bitcoin won't rush over and convert bitcoin to XRP then while XRP is still under a dollar at .18 cents? mind you
Bitcoin is at $3335 now too?
Imagine I'm a whale with 1000 bitcoins? and I heard the news above? I have $3,335,000 right now.
You think after reading the news above? My greedy ASS won't think in my head?
"Hmmmm I think I can turn $3,335,000 x5 into $16,675,000"
The mindset is to pump XRP and if they really want dump once it goes to $1.
Even if they dumped at $1. by then the banks will panic and experience FOMO and it will be a RUSH for all the banks to Gobble up all the XRP available while they can before the whales do. why? because they see how SBI saved 60% in transaction fees.
Even in a scenario that the banks don't buy XRP in the exchanges. and get it direct from Ripple from the locked up 55 billion XRP's. There are 11,000 banks or maybe more around the word. Most can afford to secure 1 billion ripples at .18 cents (Right now)
Now say these banks are finally using XRP?
After each and every transaction these banks will want to settle the transaction in it's entirety which means they go to market in the exchange and try to unload their XRP's
Well these are BANKS. Money hungry bastards.
Imagine all these banks at the exchanges trying to unload their daily XRP's they got from Remittance to SETTLE their transactions?
Do you seriously think at THAT point banks will sell their XRP for cheap? like all these Panickers right now who sold all their XRP for cheap?
Bitcoin I can see this happening even ethereum because it is ALL SPECULATION.
But with a product with an actually USE CASE and the USE CASE has been PROVEN and is being USED?
That is no longer SPECULATION. That's REALIZATION!
Banks are going to want to get TOP DOLLAR for their XRP and never sell for cheap. Plus REMEMBER all banks have is TIME.
Banks BELIEVE that TIME IS MONEY. Over TIME holding XRP they will create DEMAND. until they can get the best price possible.
So this whole 55 billion XRP's being put in escrow? What if all the 38 billion XRP's right now available were all bought up by banks? Trust me. 38 billion XRP's? for an industry that is doing $200 Trillion in Transactions a year?
THERE IS NOT ENOUGH XRP in EXISTENCE to COVER $200 Trillion dollars EVEN IF XRP WENT TO $1.
NOT TO MENTION that for every XRP transaction there is a "destruction" of .0000001 XRP (not sure about this one) now that might not be ALOT but when you add the fact that we're talking about a $200 Trillion dollars in yearly transactions?
Let's say each transaction was $100?
$200,000,000,000,000/$100?
We're talking about 2,000,000,000,000 transactions a year.
at 2,000,000,000,000 transactions a year and each transaction destroying .0000001 XRP's per? You are talking a DESTRUCTION rate of 20,000,000 XRP's yearly.
Then you have to factor in the FACT that each Ripple Wallet Account you automatically forfeit 20 XRP's to keep the Wallet LIVE.
That 20 XRP no matter what has to sit in your wallet for so long as you have it.
So that 20 automatically is REMOVED from the equation.
so let's DO THAT MATH.
$200,000,000,000,000?
If realistically XRP was $1? and there's 100 billion available XRP? So therefore there's 100 billion dollars worth of XRP possible.
If this takes off. hypothetically if Banks each have accounts that's maybe however many banks there are in the world times 20 XRP (REMOVED from market)
If you factor in the fact that technically regular people can HAVE their own RIPPLE Wallets if they choose to. Let's throw in a number like 1 billion Ripple wallets?
Realistic? I think so! why? I mean cmon. why deal with banks when you can send money via Ripple wallet from home?
There are some people with an aversion to banks. So if you are ANTI-BANKS you can STILL be ANTI-BANK and just use RIPPLE to send money worldwide.
So yea imagine 1 billion Ripple Wallets? now multiply that with 20 XRP's that MUST NEVER BE TRADED if you want to keep your Wallet active?
that's 20 billion XRP's right there that will NEVER BE AVAILABLE on the market EVER.
and that's just a 1 billion XRP wallet scenario! we DID NOT even factor in thee other 6 billion inhabitants of Earth.
If we did 2 billion XRP wallets. That 40 billion XRP's out of commission. leaving 60 behind.
hmmm just dawned on me. This might be a really Good REASON for banks to Gobble up XRP's right away.
TO DENY the Average person the ABILITY to have Ripple Wallets. or at the very least sell people XRP who want to use XRP to "Do their own" Remittance at a high amount.
I really do believe that BANKS will gobble up all available XRP at whatever the current price is so that THEY the banks won't lose customers who go the "Do it Yourself" approach to sending remittances via their Ripple Wallet.
It's all going to be about getting as much money for each XRP. turning their 60% savings? into maybe more by selling XRP for more?
I'm sure there will be people who will try to cash out of Xrp by trying to sell XRP cheaper than the banks. But that would not be a typical think.
I think once we get to this point. No one will sell their XRP for cheap.
For perspective, if a bank spends $1 billion dollars in transaction fees for remittances (realistic given the $200 trillion dollar Remittance market) 60% of that is a $600,000,000 savings. That is THE BOTTOMLINE for these banks.
so if you are reading this. 18 cents into $1.00 is 5 times your money with spare change.
Want to turn $5000 into $25,000? go ahead!
Want to turn $50,000 into $250,000? go ahead!
Want to turn $100,000 into $500,000? Go ahead!
lol here's the thing.
If you have good credit. and you want to borrow $417,000 for a house in the USA? they will give it to you with a downpayment of $50,000.
Just pay the mortgage monthly on time and you should be good.
Want to turn $500,000 into $2.500,000?
Another thought too. Once the ball gets rolling in all this. And once Banks start trying to cash out their XRP's from each remittance for immediate SETTLEMENT via Exchanges.
Who will be the Buyers of these XRP's of the banks? As the Destruction of XRP's continues. wait a minute!
If .0000001 XRP is destroyed per transaction? what constitutes A TRANSACTION? Bank to bank that's a transaction yes. But at the Exchanges?
Bank with XRP @ Exchange sells XRP via EXchange to for cash. That's a transaction.
then whoever bought the XRP will sell it to whoever needs it. That's another transaction. perhaps a bank?
So the life cycle or path of an XRP being used equates to 3 transactions really.
1.Bank to Bank.
and what about Banks sending their XRP's to Exchanges? is that a "transaction"?
Imagine how many XRP's will be destroy per year then? I said 20 million earlier? Now we are talking 60 million XRP's.
And that is just the $200 Trillion dollar Bank remittance industry.
What about if Ripple Wallet user activity? what if Ripple goes Retail? like paying for food at the grocery store?
I believe that once the masses. get wind of a crypto used by BANKS with Paper Money being DEVALUED by Governments worldwide?
and there's an option to convert your CASH to a crypto that is being used by banks and has a higher ROI in value due to high confidence in it and complete acceptance by banks?
imagine turning your .18 cents CASH into $1? or more?
Who wouldn't JUMP ON THAT?
At some point. Digital money usage will become second nature like using paper money.
in FACT when you really think about it. XRP has MORE VALUE than PAPER MONEY as a TOOL for transferring VALUE.
case in point. if I wanted to send my family in Japan $1000. do I throw them $1000 cash? lol maybe shoved $1000 cash in an envelop and send it via mail?
Yes we need cash. But XRP has a GREATER USE BEYOND value. it's a TOOL too that NEEDS to be used to do transactions.
Paper money can only do so much so it's only VALUE is VALUE.
But digital money? has a Double USE. as VALUE and as a Tool for sending money.
lol
EXCITED YET?
Disclaimer. This is not financial advise nor am I an expert. just brain storming and babbling.
hope you enjoyed. Please like if you did. lol
