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RE: RIPPLE: With a current Market Capital of approx. $7.9 billion and Ranked No.3 in the Crypto Currency Market, RIPPLE has seen an explosive 3 months..!!

in #ripple7 years ago

I invested heavily in Ripple as it can take a lot of cost out of the banking system and had a lot of banks trialling. But when I spoke to two banks at conferences they said they were planning to use Ripple but not XRP. I therefore got out when it was in the $0.3 + ish range. What's your view of whether the banks will in fact use XRP? I think i'd rather be an equity holder as I'm sure ripple the company will do well and they've kept back a lot of xrp so the equity holders will also benefit if xrp goes up

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PS not to say I've any idea how to be an equity holder. I was only able to get the xrp ...

I did the same as you. I rode the wave up but got a bit nervous about the lack of need to use XRP; although I'd be surprised if the price of XRP doesn't increase if Ripple gets adopted.

Either way, Ripple gets a lot of stick in the crypto-world and I don't really understand why. I've heard all the arguments against it, but so what?