Quote from: TaunSew on November 28, 2014, 06:19:17 AM

Quote from: nwtrades on November 28, 2014, 05:57:51 AM

Quote from: illodin on November 28, 2014, 12:04:33 AM

Quote from: gogxmagog on November 27, 2014, 11:22:14 PM

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.

It's funny how Ripple gets so much critique on valuation. The ownership count doesn't mean anything. Small companies owned by a handful of people have often been valued at and sold for billions in Silicon Valley. Ever heard of YouTube, WhatsApp, Instagram, etc?