Always preferred Boones Farm.
In all seriousness, though
Gotta watch out for a “pump and dump” in any stock that surges unexpectedly.
Me...I’ll stick with the ETF: ....MAGA
Thunderbird!
hey y’all, i’m trying to be series here, lol
I wonder what Fred Sanford has to say about this.
Fred Sanford would be ecstatic.
News is they are coming out with a new Malt Liquor, TRUMP 45.
the actual title is "Ripple surges 89% in single day, briefly becomes third-biggest digital currency". And to your question, No.
Why would you want to hold “Bankster Coin”, kinda defeats the whole purpose! (Decentralized sound money not controlled by banks or central banks). Plus a huge supply (100,000,000,000)...might as well buy Doge! ;-)
Ripple was Fred Sanford’s favorite. Buy buy buy.
If my words did glow with the gold of sunshine
And my tunes were played on the harp unstrung
Would you hear my voice come through the music
Would you hold it near as it were your own?
It’s a hand-me-down, the thoughts are broken
Perhaps they’re better left unsung
I don’t know, don’t really care
Let there be songs to fill the air
Ripple in still water
When there is no pebble tossed
Nor wind to blow
Reach out your hand if your cup be empty
If your cup is full may it be again
Let it be known there is a fountain
That was not made by the hands of men
There is a road, no simple highway
Between the dawn and the dark of night
And if you go no one may follow
That path is for your steps alone
Ripple in still water
When there is no pebble tossed
Nor wind to blow
You who choose to lead must follow
But if you fall you fall alone
If you should stand then who’s to guide you?
If I knew the way I would take you home
Fred Sanford was right all along.
Calling it a currency doesn’t make it so. Same with bitcoin.
Ripple is a transfer protocol used by banks. The issue with Ripple is that amount of them is not limited.
So the combination of the two means that banks can “move” the price and thus making their balance sheet look good at the end of the quarter. And guess what...there are two weeks left in the quarter.
You can make decent money trading it, and over the long period it’s probably ok. But the volatility is gut wrenching.
https://www.youtube.com/watch?v=671AgW9xSiA
I am concerned as to what might happen if a pebble is tossed.
No. XRP is a centralized scamcoin. The point of (inefficient) blockchain based currency is decentralization, where the Man can't take your stuff. Ripple doesn't adhere to the decentralized concept.
If I put $1,000 in my checking account, and then write $1,000 in checks, is there any reason for people to start passing those checks around, bidding them up to a value of $1,000,000?
Of course not.
Which is why this digital-coin bubble is going to burst.