What you said about Raiblocks in this video is in my view partially whats up with Ripple XRP, not that its a scam, or pump and dump, but its still riding media attention, hype and people arent giving up on it now, hoping and expecting it to run back from whereever it is now, up to $4, $5, or even higher.
I am not saying I expect that, but people do. At least those who are still jumping back on the XRP bandwagon.
I like XRP, but neither Ripple, nor XRP are where they want to be, and its gonna be a while before they are.
Whether its Raiblocks, XRP, Tron, or Vechain, the story is the same, some people are chasing the pump, and there is always someone who buys the top, and ends up bag holding.
The problem with Ripple is their market cap is already so big. They also sold themselves as a "bank solution." Stellar is even better (better team, better logo, smaller market cap) and although inflationary, can easily replace XRP.
I put in the "better logo" part half-jokingly, but this is crypto and memes are a thing.
Aren't Stellar and Ripple more like neighbors and not identical? As I understand it, Ripple is a B2B solution for the financial industry (banks) and Stellar is a P2P solution for cross boarder transfers. Each are going after completely different market segments...
I hold a few Raiblocks after I sold out 90% at a nice profit. Biggest impediments are small (1-man) team and untested blockchain with likely security vulnerabilities.
Perception is always quite different from reality. Ripple will likely execute better than most, but it is my opinion that they are targeting the wrong customers unfortunately - and I don't say that from a political stance, but rather business. We'll see what happens long-term though. You are right about people chasing pumps - Doug Polk just did a video on pump and dumps which was pretty informative as well as funny. Sad to see though.
Isn't that the game though ?
Bitcoin offered a world wide market for indirectly investing in to blockhain start up's, to everyone, let that sink in. The risk is just the part of it, I hear 95% forex traders are bag holders :)