RE: This is what happens to MSM fake news pushing Ripple and BCH.

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This is what happens to MSM fake news pushing Ripple and BCH.

in cryptocurrency •  7 years ago 

Can you please explain this?

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  ·  7 years ago (edited)

All week we hear MSNBC and CNN Jordan Belfort bashing BTC saying it is a bubble pushing Ripple the banker coin.

a banker coin is the best description
I do not have faith in a coin which is mainly going to be used by banks...

In my opinion, there should be coins that cater to specific entities. Ripple is for the banks. There is nothing wrong with that.

Ripple the blockchain is for the banks. XRP token is a fraud that will never be worth much of anything.

Please do your own research before you get caught up in the major XRP price correction that is inevitable

I agree. As long as people are being honest about the use case then I don't see a problem.

I am in on the cryptocurrencys because i do not want a world with banks, thats why i dislike/hate ripple..
woulve made a good profit though from almost nothing to 2-3$ :)
just let the people pay in btc and monero etc ^^

It is MUCH WORSE than your explanation lets on. XRP as a token is being bid up in value to insanely high prices.

Idiots who are buying in do not realize that the banksters are NOT COMMITTED to using the XRP token. They will likely use Ripple for cross border funds transfers. But they won't use XRPs.

Why would you think banksters would start working with an open public blockchain?

They will use Ripple blockchain, but it will be private. XRP tokens on the public version of Ripple will be close to worthless.

Pity the fools buying XRP, thinking those tokens have ANY CHANCE of any long term value.

There are scenarios where BTC has long term value, at much higher prices than today, if you buy into BTC as digital gold and a store of value.

That at least has the potential to come true

If you heard it on MSNBC and CNN, you can be sure that the reporting is - in the best case, erroneous.

You can assume in the worst case that the reporting is intentionally fraudulent.