Post
Topic
Board Mining (Altcoins)
Re: Mining Ripple?
by
rtscomp
on 03/01/2018, 18:14:41 UTC
"But unlike Bitcoin, ripple isn't created, or "mined," by users. The company has control. It created 100 billion ripple coins initially, and 38 billion of them are in circulation at the moment. Ripple management can release up to 1 billion coins per month, which Powaga predicts could oversaturate the market. "

There is an article cnn did about ripple, read it up and take your own conclusions. I will leave just one phrase about it as I said it many times and cnn confirms it.

http://money.cnn.com/2018/01/02/technology/what-is-ripple-cryptocurrency/index.html


My advice stands about ripple, do not buy ripple, let it die.

Which goes again the very foundation for the creation of crypt-currencies however, just this morning I presented this concept to a selected group of people and their response was, they could care less. Profit potential was the focus, talk about a carrot on a stick.