For me, the technology and the XRP platform provided do not affect the decision I made. XRP is chosen and invested by many investors, they are interested in the profit that XRP brings, and I do. As long as investors still love XRP and invested in it, I will continue to be a fan of XRP. Take a look at the price and trend of XRP to make your decision. The technology of XRP is not the best, so don't worry about that.
aka typical pump and dumper. You should write to ripple and ask them to hurry up.
Dear Ripple crew,
been a faithful xrp (bag)-holder but looking to dump hard on a bigger fool asap. Can you please raise the price, manipulate it one last time so i can get out at some nice profit. Dont care what sucker you find as long as i am not the last.
Yours faithful
maianh09Some countries have strong consumer protecting laws. Selling a piece of plain A4 paper for $100 will get you in trouble soon or later.
Every product has a "base" price, the other cost are added to get the final shop price.
XRP's base price is next to nothing.
Transporting say, some glass vacuum tubes adds significantly to a products shop price
XRP's transport costs are next to nothing.
Short shelf life, easy perishable can drastically affect price
XRP cant go off (some would say it is already rotten)
If something is rare, hard to find it also adds to final shop price
XRP even so technically limited, in practic is unlimited and Jeb can sell the next few thousand years, other dont have the court restriction in place so should be done with in a few hundred years.
High quality product cost more
XRP extreme poor quality, bits missing, slow, been hacked.....
Full ownership is differed from just "leasing"
XRP will always belong to Ripple just like a jeton, chip, token to a casino (actually illegal not informing customers that it is just a lease)
Good company reputation also helps price
Ripple been fined, so proof of past criminal activity
Strong support from founder does a ton of good for a product (Elon Musk, Bill Gates.....)
Jeb abandoned long ago
A collection of patents always helps
None to speak of in XRP's biggest fool chase.
..................
Lots of things contribute to a products price, XRP price breakdown is hilarious.
XRP production price (base) next to nothing with nothing much to add with the exception of 99.99% get rich fantasies for doing absolutely nothing.
I spend way to much time in this losers thread so will semi retire as of now.