Re: Buy or trade ripple

Quote from: cryptamod on January 04, 2018, 11:00:08 AM

Quote from: Thanhjonhan on January 04, 2018, 10:00:26 AM

Im a little bit confused as Im new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

XRP is a centralized coin if you want to get profit from it dont hold it for too long as it is controlled by the bankers.

As i understand, there is a max of 100 bln ripples, but with every transaction, that amount 'shrinks' , is it then not so, that in future there are no rpples anymore ? Or is it that the company building the Ripple protocol, OpenCoin, can 'make ripples as they please' ... like fiat 'printing' ? Roll Eyes