Bermudal if you are gonna quote me then quote me don't twist my words - I never said
"Ripple is gonna crash because the big 15 banks own it"
I said the banks (like JP Morgan and other bankers around the world) were the same ppl trying to spook everyone with the same old one liner "its a bubble, its a bubble" because they don't want to lose control as the control and profits of money goes back to the people via crypto! So don't feel a thing as you cash in your ripple profits before they dive - and into a cooler coin like Litecoin"
in other words how about we crash the 'banks' coin by reaping profits of stock we hold in them buy selling out at the top of a rise (any rise) because they have been ripping the world off for generations and are the opposite of Satoshi's vision.
get your facts straight man.
Litecoin for the long term
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PS: Charlie Lee is a good man - if I was in his position & heard about people putting their whole house into cryptocurrency I would also be hosing down expectations - never never bet more than 5-10% of your net worth on high risk investments, no matter how solid the history
exactly, you are saying banks own it, then you say banks hate crypto, and then you say cash in your ripple profits before the dive. These claims combined means: Ripple is gonna crash because the big 15 banks own it.
You understand with these things you claim alot of things.. you might not like ripple because it does not fit in your ideologie. But it does fit in the real world of the common lazy people who ain't got time for crypto shit and just want someone to handle it for them - read: bank -.
Also.. what 15 banks and where is your proof?
and this one, claiming that the quality ones are the ones with a low supply, thus making it grow harder? " I think we could easily see 2-3 trillion market cap for the whole industry within a year which makes every coin worth a lot more & the quality ones an order of magnitude higher - specially the ones with a limited issue like Litecoin (84 mill) & not billions or a billion like Ripple" <-- direct quote this time.
After all, this is all beside the point. by bashing ripple you don't make litecoin look any better. In my eyes litecoin and ripple have different goals. Litecoin for the alternative payment as consumer. And ripple for integrated bank transactions to replace the old system.
So yeah, i got my facts kinda straight. How about you?