I feel Ripple is to centralized. Just a few people hold the majority of the coins. And if you look at the total supply (not the circulating supply than the market cap of ripple is close to bitcoin. And I just don't see the value in it that it could be the "top dog". So I feel it is way to expensive to buy it and to risky as one of the major coin holders could basically flood the market with coins and drop the price back to the bottom.
You are viewing a single comment's thread from:
Hi @famunger, Great analysis but some people won't understand it until they burn their investment. I sold all my Ripples the moment I came to know about its being centralized coin. BCH also played the some artificial tactic a couple of weeks ago when it went to $4000+ from $1800 in less than 24 hours. It was all fake.