Ripped off! (Ripple)

in #xrp7 years ago

It's been an interesting period for Ripple, which after very high enthusiasm has crashed back to earth.

Things have been made worse for Ripple as the "sell off" started as a fake sell-off (as South Korean bloated prices were removed from the quote price) which then gathered its own steam in the misunderstanding. There is also uncertainty about whether Ripple will be added to Coinbase, which given its market cap (still US$79b even with the sell-off), you would think is likely...

XRP has therefore had a genuine sell-off and loss of positive sentiment.

While I was expecting a sell-off, this may give some good ST trading opportunities for those with the cajones.

What's your take on ripple?

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why invest in a coin that shouldn´t even be considered a cryptocurrency? it is just a digital value used by a centralised authority. It would be a disgrace if this coin ends up being number 1

Tend to agree, I look to ripple for trading purposes only.