There shouldn't even be a Ripple speculation topic. The entire asset, it's issuance, and its distribution are centrally controlled - the price will be whatever the company wants. The entire idea of speculating or investing such an asset is absurd.
I am So sick of hearing this "centrally controlled" nonsense. It's getting really old and stale. I love Bitcoin as much as the next guy, but come on, get off it already.
Because it is. The worst part is they are marketing themselves as "decentralized" which they are not. They are not even a real cryptocoin. What they have is a database with a currency centrally controlled only by them. They even gave the gateways power to freeze your money in the platform. Where is the spirit of crypto in there?