Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
flinty69
on 21/01/2018, 04:01:51 UTC
Why must xrp be in use to increase its value?!
I have absolutely no use of my amazon stock (the paper). But my Amazon paper stock increase in value when the company behind it excells. Stop say you know it is useless when you lack know how of fundamental economy demand.



I made a similar analogy a while ago with XRP and Facebook. Facebook is one of the biggest companies in the world and is worth more than what it does but people are investing in it's future and where it is headed. I think the same applies to XRP. People are investing in where they think XRP is headed and because it's ticking all the boxes for the biggest financial giants of the world it will be adopted more progressively than other similar coins that are not centralised.