Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
Branko
on 01/12/2017, 21:57:41 UTC
I'm never touching XRP, this is such an over valued token waiting to pop and dump hard.
The speculation is based on the burn rate for doing transactions, yet most investors fail to realise that even if all banks used it , I would take THOUSANDS of years to burn a significant % of the supply. Plus less than 40% of the total supply is circulating ... This is a recipe for disaster and will leave many burning


You obviously have no idea about amount of transactions done DAILY in banks across the globe