Post
Topic
Board Speculation (Altcoins)
Re: RaiBlocks (XRB) is going to be a top 10 coin
by
william8829
on 24/12/2017, 18:17:59 UTC
It was designed for one thing and one thing only: to be currency that allows the transfer of value.  It does that better and faster than anything else.

It is better to be great at one thing than mediocre at many

Also one of the great things about XRB is that it was fairly distributed.  A lot of people earned their Rai solving captcha.  It seems there were Venezuelans doing this and it's great that the meteoric rise in value is going to some who acquired them.  

Your using the phrase 'fairly distributed' loosely.  There was a decent amount of unfair claims(people using bots) from the faucet, plus from reading the ANN thread it was a headache.  The Developer wisely ended the faucet and burned the remaining coins.

It has some issues like the desktop wallet has trouble syncing and you have work around that.  There are also open questions about how it would handle spam transactions.

Lets work and test out those issues first, before we ordain it the greatest currency ever.

I am a little suspicious of it's current success given the CRAZY fast rise in price over the past month. I suspect there is going to be a major price correction in the near future.

Absolutely agree.  Coins do not just explode without a pull back.  This pump is happening during the largest crypto pump of all time.  Would not be surprised if it drops 50-75%.