Well said dude, ripple is the most centralised coin in the cryptosphere, banks will handle it as they want and one tool is by putting less or more supply at the market, controlling the scarcity of a coin is a way to control its price.
You are viewing a single comment's thread from:
Agree. Add to that the fact that banks do not have to use XRP and you have a completely different picture to the investing puzzle. Ripple the company? Could take off. XRP? I wouldn't bet on it personally.
"[banks] controlling scarcity" not different to a whale controlling it...don't be biased. Also, Ripple have said many times, YES the banks do not have to use it, BUT why wouldn't they if it saves them money and has a crap ton of liquidity?
We'll see. It's a HUGE IF.
? its been confirmed today. I touched on it here if you want to find out more: https://steemit.com/ripple/@guidescrypto/05-01-18-crypto-recap
Its not banks but close enough right?
Personally, I use RIPPLE for pure trading, I am not hodling but getting more an more profits, for me is just a powerfull tool nowadays just get money...
by the other side, I am sad to see that many people believe on it....