Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Sure.
The problem isn't really about how XRP works but how they were created.
Once XRP goes to the top the company will simply sell a part of the stash and that's all.
No way people will ever use this shit.
This IS NOT apparently Ripple bussiness model. Maybe it can get to that extreme, but it would be a good bussiness decision.
1. They claim to be releasing the XRP supply through a curve that is available to study on their portal.
2. They are announcing to have put the supply on escrow, and to be in the way of decentralization... (i guess they gotta be appealing to some of the BTC flock right
People arent meant to be using these "shit". Banks are. The more banks they use it for their Forex, the more up XRP goes. To scream that the company is waiting to "scam" its users is very unreasonable.