>wait three and a half years
>still $0.4 cents down
cripple tards btfo
>>2003585
Dem 7 day gains in 2013
>>2003622
Seriously wtf was going on that week
The very valuable lesson here is that XRP is one of few coins that lasted 4 years.
>>2003585
>>2003682
Here's the problem with ripple:
It clearly has a good team behind it, support from major banks, and will likely see mass adoption in some form.. HOWEVER...
RippleLabs as well as original devs hold the vast majority of XRP. Whenever the price spikes, both of them begin dumping. Every spike so far has been followed by a slow and steady decline. A court ruling meant that the founder was allowed to dump 0.5% of total trading volume each day.
It will almost certainly continue to grow, but XRP will be dumped time and time again and so should only be purchased when it goes back to normal low levels (then wait for the next spike)
>>2003673
that was the peak of the bubble
>>2003691
Anything with the majority premined just has no chance of ever being anything more than a P&D.
There's just no incentive to ever buy in because you know you're going to get dumped on at whatever you buy in at.
It may have potential, but it means nothing if everyone is sitting around waiting for all the premined dump to come, but it never does, because no one will buy in.