RE: Why Ripple Token (XRP) is Terribly Overvalued

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Why Ripple Token (XRP) is Terribly Overvalued

in cryptocurrency •  7 years ago 

Which is why it won’t happen. To think this coin which doesn’t represent value in the business is worth 10T is ludicrous. I had the same feeling as the author that people are confusing the coin with the Network.

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I'm not super technical but heard something pretty scary about Ripple. Because so few nodes are run we technically don't even know if Ripple is a secure network, there's so few players in the space everyone plays nice so there's no issues but as/if it grows it may not even be a secure network is something which I was hearing.

alll Bullshit. there are hundreds and hundreds of nodes from huge companies like microsoft, MIT, even average people. https://xrpcharts.ripple.com/#/validators

stop relating fud you hear. Whats the issue? To lazy to do a simple google search?

I actually heard that from Jackson Palmer who I think is a pretty knowledgeable person in the space. I have 0 interest in Ripple so not gonna waste my time researching it

it will easily happen. International transfer is a quadrillion dollar industry. Like are you kidding me. There is 27 trillion alone locked in nostro vostro xrp will free. stop spreading factless fud . crypto market is a baby, went from 10 bill to 800 billion in 2017. Global stock market is almost 100T. Crypto will easily be 25+ in the next 5 years, especially after the economic boom instant settlement brings