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Adults Talk: XRP


Seoulmate

Featured Comment

Posted

Setting aside the dumping of XRP into the markets by the directors of Ripple Labs.
Here are a couple of points to consider about XRP.

Ripple Labs the company, has an obligation to pay R3 five billion XRP for the price of $0.0085. Thats 13% of all XRP valued at $0.0085.
How do you think that will affect the price? 5 billion XRP dumped into the market.

But but...Partnerships with banks?
Don't confuse XRP with the company Ripple Labs. The big institutions in partnership with Ripple Labs, are not using XRP they are using a product called xCurrent.

There are some good crypto projects out there, XRP is not one of them.

Aside from some brand equity XRP has very little intrinsic value.

Posted

I actually think this will make xrp more down and won't make the price go up because the amount available in the market is already very much and also it doesn't help when dispensed, but the speed and shipping fee may be xrp superior to other coins.

Posted

I think this time not this coin so much value but I think very soon this coin price increase because I think so many new investment comes and buy this coin and so many crypto exchange allow this coin for exchange.

  • 4 weeks later...
Posted

XRP continues to dump with half of the supply still locked. (yes, 45 Billion of it). It's own supposed partner Moneygram continues to dump XRP on the market :) ... if these signals don't raise a flag, i don't know what will. XRP is the most sophisticated and elaborate scam people have seen, and yet there seem to be a ton of believers to want to sing praises of it.

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