Quote from: Calangaman on September 07, 2017, 02:03:40 PM

I'm always stunned to see that there are so many XRP supporters!

XRP is everything but a safe haven and a gold standard!

- it's a centralized coin controlled by the top 3
- the issuance of new coins and the total number of coins can be changed anytime by its creators
- there is a very bad liquidity vs marketcap because a bunch of happy fews own large chunks of it and can manipulate the price at will
- people mix up the success of Ripple as a company and the value of the token. No bank will use XRP for its transactions! Why would they do that ?

Early buyers were lucky to see XRP shot up in value only because it's an old coin, thus traded on large exchanges.
It can gain more value as the crypto party attracts lots of new speculators but ultimately XRP holders will lose lots of money.

i'm always stunned to see that there are so many btc supporters!

btc is everything but a safe haven and a gold standard! - it's a centralized coin controlled by the top 3 mining pools (controlling 51%+ of the hash).

Quote from: Calangaman on September 07, 2017, 02:03:40 PM

- people mix up the success of Ripple as a company and the value of the token. No bank will use XRP for its transactions! Why would they do that ?

because a bank will save money on every transaction... XRP is also needed to cover transaction fees for their use of ripple's network. if any IOU:XRP becomes liquid enough, and banks can find a way to hedge their long exposure to XRP, then market makers may offer the IOU:XRP cross - order flow goes to liquidity.