Post
Topic
Board Altcoin Discussion
Re: With the current ripple bubble(?) I wonder what one can do with it
by
TaunSew
on 28/11/2014, 06:19:17 UTC
I love this about XRP. Didnt the owner of Alibaba Jack Ma imply that he had invested heavily in XRP earlier this summer? I believe he answered a journalist who asked him if he had invested in cryptos with "Yes, but NOT BTC!" and this was around the same time that a few banks had stated they would work with XRP...

No, he invested heavily in doge.

A joke if he said he invested in Dogecoin over a system venture backed by about a dozen of the most high-profile Silicon Valley investment groups.  I highly doubt that really happened.

A joke would be anyone investing into a coin that's entirely owned by a small handful of people.  May as well just be writing a cheque and mailing it as that is the end result because the Ripple whales are going to dump it down to $0 once the lock up agreement is over.

Far more economical to fork Ripple and to poach the employees working for them or to hire your own.