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Bitcoin May Be King, But Ripple Dark Horse In Crypto Race
Reuters ^ | 01/04/17

Posted on 01/04/2018 8:38:25 AM PST by Enlightened1

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1 posted on 01/04/2018 8:38:25 AM PST by Enlightened1
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To: Enlightened1

The entities pumping Ripple have unlimited funds.

They can print money at will.

They can push the XRP market cap to 100 trillion if they want.

This is what Bitcoin is up against.


2 posted on 01/04/2018 8:39:46 AM PST by Enlightened1
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To: Enlightened1

And you can’t buy the damn thing ANYWHERE


3 posted on 01/04/2018 8:41:51 AM PST by montag813
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To: Enlightened1
Image result for ripple
4 posted on 01/04/2018 8:41:57 AM PST by Enlightened1
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To: Enlightened1

I think this shows a pent-up demand for financial privacy.


5 posted on 01/04/2018 8:42:35 AM PST by marron
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To: Enlightened1

For a minute there, I thought that this thread was bout fortified wine.


6 posted on 01/04/2018 8:44:00 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: Enlightened1

7 posted on 01/04/2018 8:44:52 AM PST by Larry Lucido (Take Covfefe Ree Zig!)
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To: marron

Perhaps this Bitcoin thing resulted from our successful efforts to disrupt the international hawala system.


8 posted on 01/04/2018 8:46:30 AM PST by VietVet876
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To: Larry Lucido
It has that ring-a-ding flavor.
9 posted on 01/04/2018 8:48:34 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Enlightened1

It is the anti-crypto currency, the bank product.


10 posted on 01/04/2018 8:50:55 AM PST by Rumierules
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To: Olog-hai
Fred Sanford was in on the ground floor on this one.


11 posted on 01/04/2018 8:52:45 AM PST by Larry Lucido (Take Covfefe Ree Zig!)
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To: Enlightened1

When I don’t understand something, I am not going to invest in it.

Land, home, and property are simple. Gold is simple. Savings certificates are simple. Stock market and mutual funds, less so but still understandable. All are referred to in the common language of the dollar.

What the heck is bit coin? Where is the held value/equity in bit coin? I cant hold it, eat it, shoot it, or fill my cars gas tank with it. The whole thing could go away tomorrow and what assurance does any investor have that their investment is not subject to Ponzi scheme theft?

These are genuine questions, not criticisms, so feel free to answer. My gut tells me this is a scheme, like a small dot com going public and then going bust, and someone is making a fortune off it, just not the investor.


12 posted on 01/04/2018 8:54:08 AM PST by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them)
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To: Larry Lucido

Tipple a Ripple...it’ll make ya a cripple...


13 posted on 01/04/2018 8:54:35 AM PST by redhead (Pray for children in pedoph pipeline: human livestock, abused, tortured, and often sacrificed)
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To: Enlightened1

I remember Ripple. It was tastier than Night Train.


14 posted on 01/04/2018 9:11:12 AM PST by robroys woman (So you're not confused, I'm male.)
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To: Enlightened1

It’s not crypto and it’s not currency.


15 posted on 01/04/2018 9:11:39 AM PST by I want the USA back (Lying Media: willing and eager allies of hate-America savages.)
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To: Rumierules

Yep and can’t wait for the battle.


16 posted on 01/04/2018 9:13:49 AM PST by Enlightened1
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To: redhead

My son bought Ripple XRP a couple of weeks ago. He asked for a $1,000 loan from me to go with his stake. That investment is now worth over $4,000.


17 posted on 01/04/2018 9:15:57 AM PST by EQAndyBuzz (Delusional - Adjective, Describes a Democrat or member of the MSM)
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To: robroys woman

Have you heard? What’s the word? It’s Thunderbird!


18 posted on 01/04/2018 9:22:33 AM PST by dfwgator
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To: dfwgator

And Boones Farm was just too weak. :)


19 posted on 01/04/2018 9:50:23 AM PST by robroys woman (So you're not confused, I'm male.)
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To: Enlightened1

I certainly have my doubts about the concept of crytocurrency but at this point I think it is wise to do a little hedging. I own a little and intend to increase my exposure to about 3-4% of my portfolio.


20 posted on 01/04/2018 9:53:03 AM PST by wfu_deacons
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