Quote from: AmarO on May 09, 2017, 11:04:45 AM

Quote from: freeElectron on May 09, 2017, 10:21:53 AM

Quote from: AmarO on May 09, 2017, 09:45:48 AM

After this realization I had to give up on Ripple completely, I sold my shares and am out of Ripple, I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and I very likely may get screwed while they get successful. Open your eyes if you're investing in them.... you are investing in their XRP not Ripple as their employee quickly pointed out to me on twitter. Even regarding their block-chain technology big competitors are coming on the scene soon. The main point though is I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and take all the risk. Why can a company I invest in be successful without me being successful as well, how is that even a possiblity!?! I'm out this is a complete scam and fraud it was obviously knowingly created that way.

DO NOT INVEST IN XRP

You are not making much sense.

XRP is bigger than Ripple the company. The company can go bust, but the XRP will still be fully functional.

When usual banks go bust because they lent out 10 times more money than they had, the ripple network will be fully operational, and no-one can stop anyone from doing transactions with XRP.

XRP will be fully functional for what? Are you stupid? It's created for the purpose to be used for banking. You realize if banks don't buy it no one will use the coin. Do you see anyone doing transactions with XRP like they do with BTC? No, people are investing in XRP with hopes that banks will accept it and the value will increase.

"The long-term value of XRP will ultimately be driven by its adoption as a cross border value transfer mechanism. Though XRP has important attributes which make it particularly useful for this use case, these attributes do not ensure full integration with our enterprise software solution. Ultimately, XRP can be successful regardless of Ripples success. Either way, we continue to do everything we can to make sure XRP eventually becomes the digital asset standard for international value transfer." Even Ripple states this, no chance if banks reject it.

Ripple is taking no risk while the investors are taking all the risk... don't make me list out the major companies that are coming up to provide the same solutions that Ripple is either. Companies see the potential for profit in the banking scene, even Ripple can easily be overtaken in the near future as big competitors with many real world connections come in. This is a technology race. XRP is going to be rendered useless if banks reject it. There is so much risk in this investment and to know that I'm taking all of it without being fully included in the companies success is ridiculous. Ripple will still find market share for their blockchain technology no matter what even with competition however their XRP is a complete scam. Give the people Ripple/XRP share don't separate it so XRP is funding Ripple then you can just drop off your investors while you're successful but the people who fueled your success are screwed.

Do you see an increase of 1200% per year in transaction costs on the XRP ?
Does it burn 6 million dollars a day in electricity?
Are people amused of waiting for a transfer?

BTC can't be used to still peoples need for crypto transactions. A different blockchain will take over. A chain that can handle transactions and do it fast and cheap.

Actually I still do not understand what you are talking about. If you want to invest in shares in a company, you are in the wrong place.

Please explain what you mean by 'I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and I very likely may get screwed while they get successful.'