A leaked video uploaded to Streamable.com today shows a user on the Coinbase beta testing site performing a transaction using Ripple XRP. It has been speculated since mid-December that Ripple would be added to Coinbase in early January, following an announcement stating that they were looking to add “many more” altcoins to their platform. This video all but confirms these suspicions, and will probably lead to the price of Ripple exploding in the coming days. Once added to Coinbase, Ripple will be available to its 13.3 million users, which will cause a huge influx of money as new investors buy in.
If you haven’t got any Ripple in your portfolio yet, this might be your last chance to hop on this rocket to the moon. If you are new to cryptocurrencies, or don’t know how to buy Ripple, follow this guide.
The video in question shows a user on the Coinbase beta testing site, which clearly shows Ripple listed under the available cryptocurrencies. The user shows their recent transactions, which include buying Ripple XRP with Euros, and then sending Ripple to an external wallet. One recent transaction is expanded to reveal the address which the payment was sent to: rPP4jyPd8uqhVRqvA9Ge8f4vUJXWMepJtE.
If you use the Ripple account explorer, you can find that this transaction actually occurred; an excerpt of the transaction history for this account is shown below, clearly showing 291 XRP being received.
If you explore further, you can find that the wallet that sent the Ripple contains over 1.7 million XRP. This wallet likely belongs to Coinbase, who need to stock up on Ripple prior to adding it to their exchange.
The name “George Smith” is shown in the video as the name of the logged in user. Searching Linkedin for a George Smith in San Francisco, the headquarters of Coinbase, reveals the George Smith shown below. He is the product manager at Wallet.AI and has been heavily involved in early stage technology companies and financial startups. He could therefore be realistically involved in the development of Coinbase.
If you don’t have any Ripple yet, or you are thinking about buying more, I highly recommend you stock up right now. This video was just released today and will spread quickly, leading to huge amounts of money being invested in Ripple in anticipation of its Coinbase release. Don’t be surprised if Ripple hits an all time high within 24 hours!