Anyone can explain why XRP is growing up?
How can a centralized coin gains the third place in Crypto world and become so important?
Did we have any news about decentralizing that will applied On XRP in future? I can't find another reason for price growing.
Can you explain me why Ethereum is 2nd when all it's useful for is to support shitcoins and ponzi ICOs?
Or why BCH is still in the top 50 coins when no sane person trusts it?
XRP is not centralised and I'm tired of explaining why... but even if some aspects are more "centralised" than, say, Bitcoin, this is not a reason for a price to move up or down because real investors don't care that much about these aspects, only teenagers think that decentralisation will lead the humanity forward and the concept's believers will be given labos!
Sure, investors want to know who owns big amounts of a coin, but when the owner is a serious company which develops the infrastructure then this is reassuring.
An example: I'd never hold BCH because a huge amount is controlled by Bitmain, they are not blockchain developers and they only care about making profit, therefore I'm sure they'd empty their bags on my back.
Ripple's case: Most of the XRP coins are currently in the hands of Ripple Lab, but only few are in their control and the rest are locked up and released slowly (like mining). They're also the main developers and the marketing team. If they do great in both developing and marketing, they stand to win a lot from the price hike, but so will the investors.
TL;DR: Since there's no conflict of interests but instead investors and Ripple Lab have common interests, this kind of "centralisation" has helped to make XRP look as the most professional of the open-market blockchain-based coins and one of the safest bets for possible regulations.
