Post
Topic
Board Altcoin Discussion
Re: Ripple or Bitcoin
by
SamS
on 01/06/2013, 15:36:49 UTC
...I believe they think that being valued over Bitcoin market cap is a fair price, or that they think they must maintain it to continue generating profits selling their coins.

Note that OpenCoin can't force anyone to buy XRP. The price is set purely through free market forces.

Except for the fact that OpenCoin currently controls the currency -- like a government -- and can more or less set prices...