Well, I heard a lot of people calling it a shitcoin. I wouldnt go that far, as I invested myself, but just some thought or possibilities:
The company is holding a major share, which is nothing but normal in economy, but can produce a major bubble if set free and will lead to investors getting fucked while the company is making cash. Not saying this will happen, but its possible anytime.
The Japanese market behavior regarding Ripple and NEM can have major pos or neg effects.
And I think it was the first coin fined by FiNCEN.
This as a start
firstly ..lets go to your first post ..you actually are a real noobie..i can tell...big tip..read and think before typing here please..
if not..you will only make a fool of yourself
ok..
1- you heard its a shitcoin..doesnt make it a shitcoin lol
2- yes the company is holding a major share...do you even know what is happening to the coins Ripple hold? have you ever heard of a smart contract? ,
3- Japanese behavior ...lols have you saw the offical videos, showing RC cloud being used by Japanese banks...do you know who MUFG are?
4- Whats nem goto do do with anything lol
5- Fined by fincen...lol like 3-4yrs ago over a transaction by a customer buying fireworks..lol
now normally id link all this stuff...but im not going to , you go and find out yourself m8
i will not respond to you any further unless you actually talk sense...real sense, not jibberish and none of this prove me wrong crap..
be respectful and you could learn alot