Ripple (XRP) has singed over 100 financial institutionssteemCreated with Sketch.

in #ripple7 years ago (edited)

Recently, Amex has joined RippleNet. This is another important step for Ripple. Amex is a widely excepted service that will create additional demand for XRP. At this point I cannot see how anyone would not invest in ripple. There is nothing else so accepted by financial institutions.

I understand that a lot of people do not like Ripple because it is regulated and controled by banks. Yes, that is in a way a negative. The optimal crypto currency is decentralized and not controlled by anyone. However, Ripple just has too many positives not to invest in it. I do think that eventaully banks will no longer need to exist. I do not see that happening anytime in the near future though. Maybe in like 200 years or something. Until then Ripple will be a dominant currency used between banks.

My plan is to buy as much as I can before 2018 and then hold.

Current Poloniex price of XRP: $0.22200010 USD (-7.50%)

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Maybe I will buy $1 just in case

Can I buy on Bittrex ?

Not sure, I do not use that exchange. I have heard too many negative things about it

Bittrex ? That is strange I have only heard negative thing about Polinex

Yea I don't like Poloniex that much. Lately the website has been super slow/laggy. Is not a good platform at the moment.