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RE: COINMARKET CAPITALIZATION BREAKS NEW RECORD; VALUED AT 60 BILLION USD

in #bitcoin8 years ago

I don't think Ripple will beat Bitcoin in market cap. It is a different platform with different clientele. However, I am biased and like Bitcoin more than Ripple.

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I absolutely agree with you that ripple is a different platform with different clientele. I learnt that it is actually owed by a bank and that the bank has about 70% shares leaving only 30% to investors. The implication is that the bank can manipulate the price at any time, because it is centralized. Thank you for leaving a comment.