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19055560
Topic
753252
Board
Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Majormax
on
16/05/2017, 23:01:28 UTC
Quote from: ArticMine on May 16, 2017, 08:17:43 PM
Quote from: Hueristic on May 16, 2017, 06:02:08 PM
...
Ripple is
100% premined centralized
and 100% manipulated coin so take that for what it's worth.
It also has the dubious distinction of being the subject of successful enforcement action by FinCEN in the United States.
https://www.fincen.gov/news/news-releases/fincen-fines-ripple-labs-inc-first-civil-enforcement-action-against-virtual
The fact that it is 100% premined and centralized was critical to this enforcement action.
..but the price has still beaten everything else and made a lot of ppl very rich.
Either that means the centralisation, enforcement action, premine, manipulation etc have been good for price, or cryptos have still not entered the real world.