Hi Arvydas77,
I don't really know how long you been on this forum though I do remember that ripple was one of the coins that most of the members here didn't like. I think it is because there was a huge pre-mine and people was just afraid of the pumps and dumps from the dev's.
I think they still have the pre-mine so I would be careful of investing any money into their "Project" -only a few people could realize the potential of XRP though if they see what the Ripple dev's are trying to do.
Now if the Ripple [XRP] dev's gave away all their pre-mine and let the project continue like how it is right now then XRP will get really huge. The people at Ripple like messing with the Blockchain so that is why Banks and big businesses like the Ripple Project so much. Asia is going to get to know how to process Digital Currency payments much faster than places like America, Russia and Turkey it seems.
This could be quite fun.
I don't really know how long you been on this forum though I do remember that ripple was one of the coins that most of the members here didn't like. I think it is because there was a huge pre-mine and people was just afraid of the pumps and dumps from the dev's.
I think they still have the pre-mine so I would be careful of investing any money into their "Project" -only a few people could realize the potential of XRP though if they see what the Ripple dev's are trying to do.
Now if the Ripple [XRP] dev's gave away all their pre-mine and let the project continue like how it is right now then XRP will get really huge. The people at Ripple like messing with the Blockchain so that is why Banks and big businesses like the Ripple Project so much. Asia is going to get to know how to process Digital Currency payments much faster than places like America, Russia and Turkey it seems.
This could be quite fun.
Hi, I invested in BTC four years ago and Ripple was my second pick up alongside other altcoins, so I do know how people hate Ripple
Premine always has negative impact on crypto as people not always can understand situation correctly. In Ripple premine is idispensable to run business. However, I can understand libertarian position against big corporations, banks and Ripple Labs itself. Nevertheless, traders are especially sensitive to premine as they only speculate and some additional coins on the market can destroy their speculations.
I think that Ripple is very solid project. It has funding, partnerships, working technology, Labs to test blockchain. They are hiring new staff members to move forward. So, my opinion about Ripple is very positive. I'm not trying to convince newbies to invest in the project but I'm with Ripple for long time and I will stay. As I said in other Ripple thread, I'm not the one who is shouting Ripple to the moon. Actually, value around $0.01 is solid considering max supply.
4 years of experience is a longtime, I've been in Bitcoin 4+ years and I have a feeling that you really know what you are talking about. The Ripple [XRP] may seem like it has a pre-mine issue but you have a point when you say that they are not on the same side as big Banks and big Corperations. Yet man is only man and who knows if they are telling the truth about holding on to the pre-mine. The whole issue of the pre-mine was like: "If Ripple has a large pre-mine and it effects the price of the coin and distribution then wouldn't they be the same as those big Banks and Corporations?"
I do see that [XRP] is trying to expand their staff and that is why the Ripple Project is going to most likely be a success. Their Twitter: https://twitter.com/Ripple is updating pretty much daily with useful info and not just Retweets of offtopic thing's like most of the Projects within this forum.
$0.01 per [XRP] sounds possible though it's Ripple so who knows.
