I was thinking, due to the exploding stock price of bitcoin, what will the banks do with there coin; ripple? In my perspective, they will do verything in there power to get a large piece of the pie. So they have two options:
- manipulate media and price of bitcoin
- drive the price of ripple to the moon.
If you want to make money on ripple, this is the moment.
What do you think?
I can really imagine what it is going to be like for ripple since it is the banker’s coin anyway and in the process of bankers really seeing how they can get their hands on this coin, it would really shoot the price pass the moon. That does not change the fact that it is still going to be a centralized coin, but anything for the profit at this moment. However, it is good not to expect so much from something that is controlled.
there's even no doubt. Because ripple is the perfect currency for banks, but the bitcoin with its transactions that go for 2 days and commission fees are not suitable for banks
It may be a perfect currency for the banks but not because of the commission fees but because of the fact that it is centralized. I still believe this coin is hyped and overvalued, so I would not really want to bet my 50cents on it. There are so many other projects that would do that for me in the long run, so it just seems better to stay away from a coin that is going to be manipulated in the long run than try to gamble cause of the profit.
