Quote from: SoMuchDerp on May 16, 2017, 01:07:24 AM

Ripple can be pumped to any level, who knows how high it will go. It is centralized and manipulated and retarded Japanese and Korean "investors" are gobbling whale chode. I speculate it will be the biggest most devastating crash ever when the shit finally hits the fan.

Here is the 2016 case that Ripple makes to banks to use XRP:

https://ripple.com/files/xrp_cost_model_paper.pdf

They have moved on too a new proposal that doesn't even mention XRP:

https://ripple.com/files/ripple_solutions_guide.pdf

Their main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed:

https://ripple.com/xrp-portal/

This scam will get the Kill Switch flipped any day now if it comes out that market makers and Ripple have violated this agreement. Enjoy getting REKT.

On May 5, 2015, FinCEN fined Ripple Labs and XRP II US$700,000 for violation of the Bank Secrecy Act,[31] based on the Financial Crimes Enforcement Network's additions to the act in 2013.[51] Ripple Labs agreed to remedial steps to ensure future compliance, which included an agreement to only transact XRP and "Ripple Trade" activity through registered money services businesses (MSB), among other agreements such as enhancing the Ripple Protocol.[31]

Yes. KILL SWITCH. This is not decentralized crypto and has a central point of failure.

Thanks for the links and info, everyone has the right to read all info they can.

I wouldn't bother too much. These guys are loyal to the cause of making money off it. Anything negative and you are a Troll, Trying to crash the price to buy some, crying because you lost out (even though they say its still cheap enough). Let them go, its great to line their pockets and who can hate that. I used it yesterday knowing Korea was coming online on one of their exchanges and just dipped out. Served its purpose for me to benefit from for the last 24hours.

There are early birds, late comers, holders and traders. Each can make things work to their purpose with any coin