Great pullback move. Probably we see ripple back on the regular stock Exchange (where it belongs) in some time with the XRP token left behind as an old artefact of a flawed idea.
Did I already say this was a great ripple analysis ---》》》
https://youtu.be/mQKxSVLLfAkLol you are such a tard.
First off the info in that video has been debunked many a time. All the FUD has been answered and still people like you carry on.
It's ok man, we get it, you suuuuuuuck at daytrading, cool.
Tell me which other altcoin is SEC regulated?
Tell me the name of a single other altcoin backed by real world use and investment not to mention banking approval?
You live in a dream world where xrp is somewhere how the worst option in a worl of vaporware and empty promises.
I find it hilarious that the the entirety of the anti xrp crowds amounts to bitcoin maximalists, methheads or people who can't calculate beyond 12hrs. This world is topsy turvy!
Seriosuly go read the comments on it the vid guys.
Anti ripple amounts to this -
RIPPLE IS A SCAM BANK COIN AND NOT A TRUE PROOF OF WORK BLOCKCHAIN. THE PRICE IS BEING PUMPED BY THE BANKS IN AN ATTEMPT BREAK THE REAL CRYPTO-CURRENCY RUN.
1 month ago•1
Sheer unadulterated Trumpian idiocy. Seriously i used to be big into conspiracy till Putins trols and the 4chan army literally killed the conspiracy communtiy with fake news, low intelligence posts and straight up willful ignorance of facts. There are others on the there displaying a decidedly Clinton like approach to anythin that isn't btc.....fingers in ears and lalalalal.
This is a typical pro ripple response also from the video - Tone Vays is a bit narrow in his approach to technology. Vays is a financial guy living in a tech world. Note, that Vays begins and asserts that the founder of Ripple / OpenCoin is Jed McCaleb and then tediously plods through what his one (1) day accumulated knowledge, of McCaleb's role in Mt. Gox was. Vays then goes on to imply that the role of this one (1) developer, McCaleb has colored Ripple's core functionality right on through today, which I am guessing is 2017 Q1. Vays never mentions that Ripple has had since its inception VC investment that enable the company to hire the largest number of developers to date. Save that of Ethereum's ICO. Note, neither Vays nor Todd approach the use cases for the banks and international settlement... which is in near 1 second intervals... where the Bitcoin maximalists know Bitcoin struggles at 1 hour. Today, I believe Bitcoin has 120,000 outstanding transactions... which presumably did not include fees high enough to get the interest of the Chinese miners. Additionally, Vays does not mention that Ripple network can process 1,000 per second, and this is likely to increase. Bitcoin struggles with 5-7 transactions per second and because the short term Chinese mining interests is stuck. Stuck because these miners are fiddling with profits using ASIC Boost, which is cheating. Vays does not express contempt for those miners using ASIC Boost but reserves moral judgement on how McCaleb is said to have functioned. I value the questions what Vays brings to the crypto topics, but as an analyst Vays is way tooooo narrow to bring insight to the decisions of today. -- I do not know McCaleb, but we can see that he is now wealthy enough, to be sitting on a beach anywhere of his choosing (aka his XRP holdings) but yet he remains behind a compiler somewhere working on Stellar code. Vays is a moralist. I think Vays should give some air time to the role that McCaleb and Stellar is playing in the crypto space. Further Vays is not a developer and I expect has no understanding of what it takes to fund and manage a company which is on the bleeding edge of innovation. My point is, is that developers would set aside 'funds' (XRP) to fund the company for a number of years, independent of the VCs. Certainly, there are details here, but I am not so concerned with the allocation of XRP within the company historically, or today with the escrow agreements announced for both the employees (present and past) of Ripple and with the existing 61 Billion XRP still held by the company. -- Why is this commentary relevant to readers of this YouTube video... well, it is likely that we are witnessing the development of a new Google analogue, company - Ripple. Recall that Bill Gates, has said, that Bitcoin is unstoppable. The SEC has said that Bitcoin can not be regulated and it is under foreign Chinese control. I would suggest that Ripple is now fully compliant with US / Western regulation and is being adopted by the big bad banks. Ripple is a force to contended with.
See the difference? The ripple tech hate is actually a symptom of the sweeping anti intellectualism that has swept the Western world. Hard working, hella smart Japan is balls deep into xrp already!!
