I have no opinion actually about Ripple. It's centralised and controlled like a corporate, so that's a turn-off but I really have no idea how the price action will be
You are viewing a single comment's thread from:
I have no opinion actually about Ripple. It's centralised and controlled like a corporate, so that's a turn-off but I really have no idea how the price action will be
You are right about the centralised concept. It's not a mining based coin, which means- that all of the ripple coins were pre mined before they were launched.
So they could inflate and deflate the price as per their whims and fancies.
yes, Ripple is a premined coin