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RE: Ripple on Fire!

the problem with ripple for me is that it is part of the old banking institution, so many banks have signed up to using it, that effectively it could never become the next bitcoin in price at least, due to the fact the banks that are adopting it will want to peg the price, to a fixed point, guaranteeing what is sent from 1 bank, will arrive at another, without any market variation, or losses could occur at the receiving end, which leaves the only question is, what price will they want to peg it at and how.

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@deliberator I see you! Some say banks plan to boost Ripple so they can cause BTC's price to fall and therefore buy some cheap BTC for themselves. I certainly agree that central banks will keep its price where they want it, I just believe it still has plenty of room for growth and given the fact that it's still cheap, I would consider this as a good investment plan.

But again, I'm just stating my personal opinion and not trying to convince anyone to buy XRP. If you are to make an investment , trust your own gut feeling and good luck!

I have 300 ripple in my wallet, that I bought at 20 cents this month, so not complaining, I am waiting to see what currencies they try to tie it to to stop the raise and fall of value in ripple, interesting times, for all alternate currencies.

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