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RE: I am Highly Disappointed with the Crypto Currency World and the Rise of the Banker Coin Ripple.

in #ripple7 years ago

I don't know exactly the cost of transaction on the Ripple network and how this plays out in regard to the price rise to really begin to make sense of it.

I do get your point on the fact that the first pull back which should create a crash but nonetheless we cannot ever be sure that market sare always rational on short period of time.

But thanks again for your further comment. It was very friendly and pretty unexpected.

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You're welcome. I definitely agree that it's very hard to draw any conclusions. I have heard good arguments that these markets are almost never rational and good arguments that it's almost impossible for these kinds of markets not to be rational. I tend to lean towards believing they're mostly rational due to the wisdom of crowds putting their own money at risk. But honestly, it's just a gut feeling.

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