Ripple Price: Do you think this is a bubble ?

[pheaonix]

in my opinion the way they have done the giveaways along with getting pretty much working exchanges has forced the price to go up, because they started giving out up to 100k and now they are giving out 1k.

so the perception is that much less is being added to the market. the price rise is driving more buyers to buy and the decreased availability is lowering amount around.

i expect it will stabilize around what it is around right now if they keep giveaways semi constant at their current rate, but if they change them, a sudden price drop is very possible.

[Quicker_777]

I voted yes.   They've pledged to give away the majority of the XRP coins, but so far, only a trickle has found its way onto the market.  This is definitely a bubble in every sense of the word, but the market doesn't care.  Look at the price of the other alt coins and even BTC because of the sudden interest.   

[broken_pixel]

Ripple is not even opensource.

[Quicker_777]

Ripple is not even opensource.

Beyond the technical differences between their marketing and reality, I still don't fully understand the techniques involved from a business sense, in utilizing their service, and *most importantly* how that is better than what is available today. 

I guess I can kind of see how having a non-fiat coin be an in-between would be beneficial, but still not clear on how its faster or value added than transferring fiat-to-fiat at the local bank. 

[worldinacoin]

It is still far too early to say whether there is a bubble or not.  Only a tiny amount of XRP has been given out.  Also we must not forget, the Ripple is still in closed Beta.   Not yet for public release.

[Quicker_777]

"Not yet for public release."  .... and yet, they are publicly giving away coins now to generate interest.