Ripple can't be banned you fudster
What if it's just another altcoin pump and dump
Chinese banks already adopted Ripple. This looks legit.
pepper your anus
Really? What does that mean, adopt Ripple?
i never heard of Chinese banks already adopted Ripple.
Misinformation and hype. This is typical of every pump and dump. The "banks" Ripple is working with is largely only Fidor and Fidor's is embracing all crypto currencies and it's by no means a large bank (not even medium sized). The rest of the 'banks' are just people having free discussions or eating banker's lunches. Definitely nobody would even dare to convert their entire banks' system onto Ripple (not even 1% of their system).
As well who needs Ripple when Ripple can be forked and copied as per Stellar example? Cheaper for the banks to create their own Ripple and cut the middle man out. There's plenty of Ripple employees who are probably disgruntled to be making only $80K a year, while the boss is buying new Lamborghinis, and will work on any Ripple fork for a slight pay increase.
yup, somebody or some group is driving XRP up. this is very natural in open markets as there's profit to be made. but it seems the driver is gone and there's a decrease in XRP's price. whether the uptrend is done is still up in the air at this point. hopefully the driver comes back, giving us another opportunity to make a little BTC in the process.
but to be fair, there are two, though small US banks that started using ripple:
https://ripple.com/ripple-labs-signs-first-two-us-banks/also there are other financial institutions that have joined ripple as gateways.
if a bank or an FI forks and uses ripple for their own needs, that'll be good cos it would prove that ripple is indeed great. it would also be interesting to see what other stuff they could do with the code and what apps the could build with it. like for example ripple labs, they are developing their own implementation of smart contracts and more. pretty cool stuff:
http://codius.org
