Post
Topic
Board Altcoin Discussion
Re: Are you optimistic about Ripple?
by
carpencod
on 23/01/2018, 05:57:22 UTC
No i'm not, it was just media hype.

CNBC was showing live on TV the exact steps on how to buy ripple from exchanges -

Why would someone buy Ripple? - Lots of people think that if a coin is priced under a dollar, it has potential to reach 10.000$ like Bitcoin did - but they don’t take in consideration the total cap and the issued coins.

People just want to make money, they will invest in anything with blockchain on it, unfortunately Ripple does not sustain a blockchain.

South Korea was a big player in this uptrend, they where trading Ripple at a premium price difference of 1$ from other exchanges.

As i said before, even if Ripple will get mass adoption by banks, they will not influence the price, only regular investors will.