Ripple is a "scam" and it's just semantics to argue that "scam" is not exactly the correct word to use. Ripple was started to make the people who own Ripple very rich. The fact that the XRP market cap is far higher than Bitcoin should be a giant red flag for those of you who are considering putting money into Ripple.
Yeah I think 'scam' is the wrong word. It just was VERY confusing, convoluted and unclear as to its purpose or use. Which makes me uncomfortable, since I can't get clear answers, it makes me weary. Like it's all smoke and mirrors. If I can't grasp the concept, I won't be able to trust putting my money on it. Maybe I'm stupid and that's the problem. But researching into it I do NOT seem to be the only one that is confused by Ripple.
"None of them.
Invest in bitcoins, not the poor-man's clones."
Well Bitcoin for the Long term for sure. But there is a LOT more short term speculative gains to made in these smaller currencies. Bit burger put it nicely, and that's the info I'm trying to get outta this thread, which of these Cryptos will have those nice 'little/big' moves.
For the recod, I made actual money, using Ripple. I also made money using Bitcoin.
+ 1
Bought a big chunk at .03 and now it sits at .05. Almost doubled my money.
Thats the beauty of this whole scene. Cryptos. / Alt coins ...
You can buy tens, hundreds of thousands of something that's worth a fraction of a dollar, and the tiniest bump means big gains.
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