xrp may have many flips of the switch also is xrp and ripple the one suppressing the price check out this idea tell me what you think here we go looks like xrp is at 58 cents uh 58.5 cents if you want to call it that way we're kind of going sideways uh strong move up that's maintaining so I like to see that let's move on Quant moved back up some it's at $742 that's been a nice move hasn't it hope a lot of you were able to get into it with me down in the 50s that was that was this has been a nice move I've enjoyed that okay let's move on look at crypto trading funds doing pretty good we're back up to a dollar if you were able to pick up some when we were down there in the 60s and. 70 c so you're real happy today part of covering this is to show you that the seems that the volatility has been dependable um uh there's possibility that that could change but the volatility as you can see here we're back at a dollar it's been volatile so a 20 to 30 Cent gain wouldn't have been bad for us would it uh some of this might be coming up I don't know why it sold off but uh some of it could be coming up because it's being listed on other exchanges they're progressing forward with this pretty good all right that's our three coins for today if you don't own the keys you don't own the crypto get it off the exchange you own the crypto get yourself a decent wallet there's a link that's just popped up you can use it to purchase one also at the end of my video there's a link and one in the description go ahead and get you one today it also supports the channel I appreciate it hey everybody will fix here got another video for you today and uh thought we would talk about something that's kind of a I don't want to call a conspiracy but maybe a um plan that is possible that xrp may have and it's in the idea of the flip of the switch um I was considering this idea what if there's multiple flips of the switch at different price levels um it has occurred to me through discussions and through some of the comments that uh the one of the concerns is the stability of xrp price in crossb payments if it's worth 55 cents today and somebody sent money and then it was worth 59 cents you know by the time the other side cashed it out you know barring a 3 second deal but it can change in 3 seconds so so for sake of the conversation the changing varying value of xrp from one end to the other whether it rise or fall would be a consideration for the banks now the receiving Bank wouldn't care if they made money but what if they were to lose money in the transfer of value so the idea has been brought up before what if it is stabilized at a price and what if there's multiple prices depending on use case of how much money is in the system from institutions in delivering money on cross border so let's say you know one flip of the switch sets it at $25 it would have to have a buffer or uh enough room inside that value to to swell up to that point you know whenever maximum money is put in the system and sending cross border depending on how fast some institutions and Banks cash out I personally don't believe they'll be cashing out in 3 seconds but everybody's got their own opinion there the reason I say that is they're going that same bank that received it is probably going to need to be sending xrp the next day so why would they cash it out when they can just hold it unless there unless it's left in the volatility of the coin and it and this change doesn't take place that I'm talking about however if they stabilize it and call a price like a fixed price like they do with maybe gold and maybe other things in the past when gold has been uh the backing of a cryptocurrency it's been at a fixed price and then they would periodically change it so I'm wondering if there wouldn't be multiple flips of the switch depending on the amount of value put in the whole xrp system through the buying and selling and transferring of crossb payments um and then as that system builds up it would need to be raised with some buffer room to the next level so maybe maybe it would be $25 fixed for a period of time until x amount of volume till that's peaked out and then it have to be switched to $35 or $50 or $100 whatever the case may be but um maybe that's a plan we don't know about and so I wanted to ask the community I wanted to ask ask you what do you think do you think that's a viable um thought do you believe that that is possible that Ripple would do that and uh now these ideas I've gotten from you guys so tell me this put a number one in the comments if you believe it's going to be staggered and fixed put a number two if you think it's going to be allowed to be a um a variable asset that will change in price and value as the money is put in the system um but uh and also what Solutions if you have a a different solution than than this solution tell me what that is maybe that's something we can discuss um many people have talked about the fixed price of ,000 doll I've seen videos on that recently that um there's people in the industry that believe it'll be fixed at $1,000 I don't know how long that would last if that would be a figure that would stay a very long time um and then the reason for secrecy if everybody knew they were going to fix the price at $1,000 man it would be insane right now wouldn't it who wouldn't buy it for you know 50 something cents if each one's going to be worth $1,000 so the second idea there is is the price being suppressed by xrp on purpose what do you think about that um if you think that xrp and ripple themselves are suppressing the price managing it low before a flip of the switch put F1 in the uh description if you believe that it's going to be that it's controlled and suppressed by xrp and ripple put F1 in the description if you don't if you believe it's just the market making the decision and whales doing the you know controlling if you know if that's happening or the manipulation just due to the amount of money they're able to move no evil conspiracy there they're just trying to make money but if you if you believe that it's going to be a variable asset um and that Ripple is not manipulating it put F2 in the comments to be interesting to see what everybody has to say and give me your idea if you have some ideas in the comments um that could be the the basis of the next video that I do you know because I'm I'm interested in this particular topic because we're we all have a vested interest don't we hey if you like this kind of content please like And subscribe look at my links in the description there might be something there that you can use and value I'll see you next video