Ripple - The Crypto Takeover!
Ever since Ripple came out on the market and as i learned more about it, and then i heard its a bank crypto it was painfully clear to me; banks are trying to disrupt the crypto space or take it over all together.
Do you know what people are buying Ripple with?
USD? No! ETH & BTC Yes!
Do you know who is holding most of the Ripple in the World? And who is selling it?
Yes the Banks!
What we are looking at now is the reversing of the massive wealth transfer. The Banks KNOW that they cannot kill ETH or BTC, So now they are trying to get as much of it as possible. They don't intend to pay the full price for it.
Their Plan?
Create Ripple (XRP) Hold most of it, Artificially manipulate the price by bidding it up; $1, $2, $3 And then when dumb people think it will keep going up to $4, $5, $6 People are trading precious decentralized ETH & BTC for a shit-coin that can be printed on whim.
In the end the banks will win, they will end up holding most of the Ethereum and Bitcoin. And you will end up holding most of the XRP. And that's when Bitcoin will go to 1M & Ethereum to 500K per coin, and you'll be holding Ripple pegged to the USD Value around $0,50 - $1,50 per coin.
So i cannot stress this enough if you invest in Ripple you are a very very dumb person and you do not know what you are doing!
"If" the banks succeed expect a Major Taxation and in the end a total reverse system where the once Decentralized Crypto's will become Centralized.
Thanks, i had the similar thoughts. Guys ripple is poison right now for crypto. I think it is the next big attack on our decentralized paying system. It did not work out with "fake new" and negative media campaigns . Now they are rushing the coin ripple and might let it down. A lot of people that are just in crypto to make money will follow the ripple hype and get disappointed. Not only about ripple but about the whole market. Just the once believing in a decentralized payment system will remain and we need to stay strong and together, because we might face some hard times :/
Well said! purely a gas chamber for the crypto space but instead people are walking in voluntarily, the dumb ones that is!
luckily we have steemit :) nice to see people having similar ideas and exchange them with each other
There seems to be a lot of ill-informed hysteria in this discussion. I'm not saying Ripple is all good, or all bad, but we need to calm down and stick to the facts. NOW they are rushing the coin Ripple? The Ripple project has been around since 2004, with Ripplepay, and the coin has been around since 2014. That's hardly rushing now, is it?
And you might be right that it's an attack on our decentralized paying system. But you do realise, don't you, that Ripple IS decentralized, don't you? The Ripple protocol confirms financial transactions via a network of distributed servers, and anyone can own a server. The ledger is distributed across all servers - in other words, decentralized.
EDIT: My apologies, the Ripple network IS designed to be ruled by a centralised network. My bad. However, the network is also designed to operate without the Ripple company, if necessary.
I'm all for open discussion, and I'm not a Ripple advocate by any means. Shit, I only bought my first Ripple a couple of weeks back. But let's not let hysteria, misinformation and assumption pollute an otherwise interested debate.
Ripple indeed has been around for awhile, but they are rushing. you don't get 70+ billion from only people investing, The banks are pumping the coin and those investing in it basically are saying here you go bank please use my precious crypto's to your own ends., any investor investing in ripple does not understand the bigger picture at play here.
The Banks will have to find a way to fund their wars sooner or later.
Anything that is Bank Related in a Decentralized industry is hostile and should absolutely be banished imo, there are enough white hackers to rip Ripple apart and i hope by god that this happens in the very near future. You do realise that in the past Taxation was the cause of the enslavement system right? Well im here to make it very clear that Ripple could begin using the Non-Taxation system to Enslave the entire market without them even knowing it.
These people behind it are not idiots you know, they have been studying human psycology for 100's of years
If Ripple even reaches 1 second of the top market cap passing bitcoin, that's it that's, game over. that would likely be the end of Bitcoin as we know it. Because that signifies a total virtual collapse
Now its not about losing hope or hysteria but thats simply the fact of the matter, i simply cannot understand that a Bank Crypto is allowed in a decentralized network.
I do see a strong Competitor ahead nontheless, Raiblocks could easily take Bitcoin over in the Future once people see the power behind it. it could leave ripple eating dust.
The only thing right now that can reverse the psycological mind game going on now is Super speed Transaction Cryptos, And if the Lightning Network comes out Then Ripple has most likely lost, so i wouldn't be surprised if ripple launches massive hack attacks against the lightning network once it goes online.
either way these next 2-5 years are a make or break it for the crypto world.
and Blockchain in the end is but a transitionary system it won't be around for long.
It's an interesting point of view, and one that I am thinking about a lot at the moment. I shall post my own thoughts in the coming days...
Looking forward to reading it, please feel free to post it as a comment here once you have done so.
Here you go...
https://steemit.com/ripple/@lighteater/taking-apart-the-ripple-conspiracy
The banks have been scamming us always. Better to keep everything decentralised.
"Do you know who is holding most of the Ripple in the World? And who is selling it?
Yes the Banks!"
Can you provide a source for this statement, please?
I asked for a source for your statement that banks own most of the Ripple in the world, and you give me a graphic showing some of Ripple's clients? Really?
So do I take it you have no source, then?
There's no need for a source any smart analyst can see banks are pumping the coin.
You're right - there's no need for a source as it's just your opinion. Which you're fully entitled to. As long as we both understand the difference between an opinion (and you know what they say about opinions...) and researched, referenced, verifiable facts.
i totally agree with your smart analytic.
I knew it from the first day they showed up on the scene
greetings from the many Trojan Horse that the
Banksters,Gangsters are using !
amazing work very eye opening more people need to know about this i resteemed it, cheers!