Post
Topic
Board Speculation (Altcoins)
Re: XRP - Ripple is back with a bang !
by
JollyGood
on 26/11/2018, 13:48:00 UTC
Yes, ripple is just another corporate company, it is not a coin.
Why people mistake xrp and ripple I have no idea. Normally they have no connection other than company making some cash for themselves whenever they want.

There is absolutely no correlation between the two because when the company gets a deal or signs a contract with some big company the price of xrp goes up as well but there is no need. They are not going to buy their coin back from you just because they made money, or they are not going to give you dividends on the profits they made.

This is not stock or share of a company, it is just a way for them to sell and profit whenever they are short on cash. I do not know why ripple has been going on this long and I really hope it will soon finish because it is literally looking they it might be a scam for you and very dangerous.



I am really surprised by your views.

XRP is the low cost option to use on the Ripple network. xRapid uses XRP and it will make transactions faster and cheaper than not using it.

As for XRP and/or Ripple being a scam, please provide the evidence because I always thought it an excellent platform as well as an excellent investment in my portfolio.