Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: star7dust on February 13, 2020, 02:33:50 PM



Title: Ripple building a regulatory base – For the 'greater good?'
Post by: star7dust on February 13, 2020, 02:33:50 PM
https://eng.ambcrypto.com/ripple-building-a-regulatory-base-for-the-greater-good/
Do you have any $xrp and would you recommend buying it considering this?


Title: Re: Ripple building a regulatory base – For the 'greater good?'
Post by: avikz on February 13, 2020, 03:15:52 PM
On the contrary to the general trend of cryptocurrency market, Ripple always tried to work with regulated entities like banks or international currency exchange services worldwide. They have clients like Amex, Santander, Moneygram and even State Bank of India. So if I look from the business perspective, Ripple is going to do well in long run! So if you are planning to invest on ICOs, try Ripple instead.

On the other hand, Ripple owners keep on dumping huge number of coins to the market at certain interval to increase the supply. Just few weeks back, they have released coins worth 1.5 billion USD to the market. In future, they also have similar activities planned as well!

So decide accordingly!