Assuming you are not a straight up crook (which is hard to do circa late-2014), do you realize how naive you are?
(1) The XRP market is totally dominated by insider whales. They know exactly what will happen and why.
Even a sophisticated outsider will get constantly blind-sided by insiders.
(2) The 2 months I traded XRP daily there did not appear to be any fees. Markets where certain
participants pay no fees or minimal fees have inflated and meaningless volume.
(3) XRP is trading at << 50% of mid-2013 levels in terms of BTC. It's been a horrific "investment"...
except of course for insider whales.
(4) Ripple Labs is an extremely secretive and disingenuous company. You can assume everything
is some kind of misdirection. All that hooey about "helping migrant African laborers" is baloney.
And I don't trust any of the numbers on Ripple Charts. They go back only 3 days for a reason.
Exactly this!
Basically all coins have massive whales that can manipulate. Though generally they also take a risk when doing that. But with 80%+ in the hands of the creators, that risk is totally oversized in Ripple.
There is a reason that insider-trading is forbidden. In crypto that is not enforced - but that means that users have to beware of the risk and avoid it.