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RE: Is It The End Of The Cryptomania? – Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Ethereum (ETH)
Calm down. This is a minor price adjustment.
Extreme stupidity and lack of knowledge in the crypto space has people flocking to buy XRP.
Little do they know or understand XRP tokens have no real long term value.
The banksters are not going to use XRP tokens. They are going to use the Ripple blockchain, but no way they use a public token like XRP.
They will use a private blockchain version of Ripple, for money transfers.
XRP is going to come crashing down.
And then all the money sloshing around in the system is going to head back towards BTC and LTC.
If you want a long-term winner - buy ADA.
3rd generation blockchain, technologically far superior to BTC or ETH
I agree. Privacy is key for banksters, they won't show their transactions on a public blockchain. And ADA is very promising, it has good philosophy and foundation to start with.