Thoughts on Ripple (XRP)? Expansions have been made to Luxembourg and NY recently. Looks like Ripple is backed by a solid team, but I find it odd I never see anyone talk about them. Good investment or pass?
Recent News:
https://ripple.com/insights/ripple-continues-global-growth-new-luxembourg-office-support-protocol-neutrality/
http://www.dfs.ny.gov/about/press/pr1606131.htm
https://ripple.com/insights/ripple-receives-new-yorks-first-bitlicense-institutional-use-case-digital-assets/
http://www.xrpchat.com/topic/1572-history-is-made-ripple-live-cross-border-with-real-money/
https://www.finextra.com/pressarticle/64716/ripple-and-expertus-team-up-for-blockchain-testing-service
>>1324366
underated krypto
already has made some crucial endorsements and recently got a grant from usgov.
but this is a long term alt and could be volatile depending on it's security standard.
>>1324366
i got about 2000
meh
i just wonder whether the tokens will be worth anything even if the network becomes a success with banks.
but im hodling some just in case, santander put a couple million in so they will push this shit anyhow.
List of buzz words that tell you a shitcoin is being pumped
>Backed by
>Solid
>Technology
>Security
>Future
>Caps lock
Yeah thats what I was thinking too. Its value seems to be independent from the Ripple network. However, if Ripple does everything they say they are going to do, it would make sense for the cost of xrp to go up. The group behind ripple just seems a bit more respectable compared to some of these more recent alt coins.
I guess it remains to be seen if value can be found in the coin and not just the network.
>>1324533
anotherrisky aspect is that they had a legal dispute with one of the founders or something and he got a shitload of xrp which he dumps on the market probably (if i recall correctly he can only dump a certain amount per time unit, not sure though).
I lost 30,000 ripple to cryptsy want to buy more
>>1324366
"Good investment or pass," as in "I'M GOING TO INVEST IF IT'S A GOOD INVESTMENT?"
motherfuckin newfag moron