you will all lose your money in this coin
Not all. Some People are in at $0.006
Nice try, but try again. This time dont generalize.
Remember, some people here aren't in this just to make money.
XRP can drop to $0.03 tomorrow, oh well.
It's funny seeing all these people hating on ripple for their own EPIC reasons. While others have sat quietly making 35x their money in the last 2 months.
All while ripple has distributed xrp openly going on 4 years now and people still say this is new.
So ripple selling/loaning hundreds of millions of XRP weekly at or around market price to institutions is a bad thing?
No, it's called demand.
At the same time, consumers all around the world are buying xrp at $0.25 thinking its cheap not knowing there is 99.9billion compared to max 21million btc.
It's not ripples fault these millenials would rather have a few thousand xrp that can be settled in seconds compared to 0.001 btc that has been stuck for last 48 hours.