Cryptocurrency Inverse Correlation
Supporting my previous post (link below), we are now experiencing a inverse correlation in the price movements between #Ripple and the other coins, including Bitcoin.
This is clearly a sign that #XRP could soon become the #cryptocurrencies "reserve currency". Making the analogy, usually when USD moves down, commodities move up, and vice-versa. With that in mind we can imagine #Ripple being the reserve for the other #crypto coins, like USD for other currencies.
Please check my previous post, and if you like it, please support with your upvote and resteem:
https://steemit.com/money/@morpheuz/get-ready-for-a-world-currency-by-2018-it-will-be
Thank you for your time...
And I believe the same!
Let's try to take smart positions and benefit from it in the future :)
Do you believed in the Ripple boom being a currency for banks?
You can can check yourself in their website and see some of the members list:
https://ripple.com/solutions/
PS: Vale a pena investirmos no "nosso" escudo? :)
https://www.cryptoescudo.pt/
I agree with you.