Ripple here, ripple there.. Whats so good about this?

[cryptopunk]

XRP is in full bubble mode, encouraged by OpenCoin who restricts the supply. The valuation exceeds that of Bitcoin, that's simply ridiculous. I think the long term goal is for 1XRP to be the same order of magnitude as 1USD, so another 100x increase.

I don't think OpenCoin has a moat sufficiently strong to make this happen and reward investors that buy at these prices. So in my view XRP is a pump and dump altcoin like bitbar, feathercoin etc. The Ripple technology is great and it may be the start of some great cryptocurrencies that do away with mining, while maintaining an open network with no central bank. Despite OpenCoin's claims, I doubt they will open source Ripple too soon, if ever.

[hany103]

I can't use it because I must have a minimum 100 XRP to use.