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RE: Ripple to pass 2000 sat soon

in #ripple8 years ago

If the only thing you are hoping on is whales, then I wouldn't bet on it reaching 2000 or even staying at 1400. The market needs to see the value or at least perceived value of the community and its product. It has a bad rap as being the banker coin, which crypto traders see as fundamentally the opposite of the future they want.

Ripple's biggest problem is liquidity (and that its premine). Something only has true value if it's liquid. The tech may be great, but without liquidity it won't be adopted.

They have also been getting less flexible as the big bankers start to take over and it can be seen in articles such as this that detail its loss of functionality, flexibility and centralization: http://bitcoinist.net/wait-ripple-centralized/

To be completely open I own and hold XRP and would love for it to succeed.

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