RE: Why RIPPLE is going to be BIGGER AND BIGGER!
I think you have the wrong end of the stick when you write about Ripple. Ripple Inc is a company which is developing a system to replace the present SWIFT system. The Ripple coin will be useful for this service, but only to the tune of about $10 per bank.
Ripple Inc own around 60 billion Ripple coins. They have a vested interest in seeing the price as high as possible as these coins will no doubt fund their future development. Ripple coin may turn out to be a great investment, but I think that will be driven by more buyers than sellers, and mainly buyers who make the same arguments as you.
I don't think that the fRipple payment system has any impact on the coin price. On the other hand, support for the price is dependent on the Ripple In business being able to survive.
The reason why they own these 60 billion coins is because they are used in the transactions made trough Ripple. Xrp isn't a by-product, is a necessary part in how their technology is used and and why it's so fast and cheap.
The fact that anyone can trade in these coins is the by-product.
Actually XRP isn't a coin at all. It's a piece of code. Each XRP is divided into a million drops, which are also bits of computer code akin to a private key. It is these drops which will support the transmission of USD, GBP, EUR etc via the Ripple system. A typical bank won't need more than a few dollars worth of XRP to be able to carry out tens of millions of transactions. That's not enough to cause any impact on the price.