DON'T INVEST IN RIPPLE

in #cryptocurrency8 years ago

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I'm confused
I like the idea of Ripple, but because 2/3 of the coins is owned by the banks. But then again this will always be a good coin because it is backed up by the banks.

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The title definitely doesn't seem to fit the description.. this is more confusing than a child who's just been dosed with LSD in his breakfast sandwiches. Ripple is a fine investment if you know how to work with it. If you don't, it could be a bad investment. All up to the eyes of the beholder.

lol @avilsd is on point. This is a stream of consciousness piece, that makes it make sense! but it doesn't make it better! But yes. Ripple won't be accepted by the majority of decentralization wanting people. But the banks have a history at throwing money at things. and they have money to throw. Scrooge McDuck money!

At first I was weary of the banks, but the banks got involved with ETH and look how good it is doing.

Good article. I was about to start a similair discussion. Not sure if I believe in the current crypto investment climate but I do believe in the blockchain. I was researching a way to do better investment analysis on the current cryptos. Besides coinmarketcap.com there is: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. Check for example: https://www.coincheckup.com/coins/Ripple#analysis For the Ripple Investment and research analysis.