You are viewing a single comment's thread from:

RE: Ripple crawling back up 15th June 2017

in #ripple7 years ago

They are getting used in test-run cross-border transactions. XRP is still in its infancy with banks, such as some of the biggest banks in Japan, just recently signing up with Ripple. XRP as a currency bridge works, it is efficient, and banks will be tempted to use it for transfer cost savings. Once it starts getting used heavily, its price can appreciate tremendously.

Sort:  

Which is why I bought. I look at the project behind the coins, not just what the market is doing with them.

Yeah, I think it's the most feasible crypto project out there right now.

Really? I thought that people have stopped buying them and thats why they crashed as there was no reason behind them but to promote the product. Also they put half of the coins in escrow which is not the best way to go..obviously they were manipulating the first price hike. a lot of people don't touch them with a barge pole now.