Post
Topic
Board Altcoin Discussion
Re: Ripple XRP is a complete fraud GET OUT!
by
freeElectron
on 09/05/2017, 11:47:11 UTC



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.'






What I mean is if their coin value goes down their value as a whole should go down. Ripple is two separate entities XRP/Ripple, yet they use all of XRP investors money to improve their Ripple block-chain technology which XRP investors have no share of, it's crazy clever to be honest and was structured in this manner by the founders. There is no other coin that I know of where it can be a complete fail while the company is successful.

You are having it backwards. If they use value to improve the block-chain, it is a good thing for someone holding and potentially using the blockchain.
They hold a lot of XRP. "if their coin value goes down their value as a whole should go down" is simply false.

If XRP goes down, so does their wealth.
If XRP breaks, there is not much left for them. What value does a company with a broken tech have ?