Some are saying crypto is in a bubble. It probably
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Posted On: 07/23/2017 1:22:26 PM
Some are saying crypto is in a bubble. It probably is but how, why, when, where, etc? You will hear a lot about people making a lot of money through ICOs. Anybody with an idea is using Ethereum's blockchain to do these Initial Coin Offerings. BEWARE. You will probably most definitely lose your money. Stick with the Top 3 and narrow it down to one. Ask yourself which has a clear use case, which one has not jumped because of pure speculation, yet? Which of the three can handle a situation if something happens witha regulation compliance issue. Ripple XRP becomes an obvious choice. They are well funded, they are well partnered, they have a CLEAR USE CASE.
Here is a good article about the bubble. Notice no mention of Ripple XRP? look back at some of the articles ive posted here. XRP was created for institutions. It wasnt made for individuals. They are laying all the groundwork. XRPs have been purchased by institutions, but real sourcing has not yet occured. why? they are being strategic and cautios. Technology companies (Garlinghouse CEO comes from AOL and Yahoo) dont go live till everything is in place. When we see their partner banks begin to source off the one of 30 Exchanges our run wont stop. We are not part of this bubble.
Oh and are we in a bubble? Only 6% of the world has heard of cryptocurrency. I believe the Top 3 will weather the storm. At a certain point in the very near future, RIPPLE XRP Will be in its own class.
https://steemit.com/cryptocurrency/@thecrypto...ncy-bubble
Here is a good article about the bubble. Notice no mention of Ripple XRP? look back at some of the articles ive posted here. XRP was created for institutions. It wasnt made for individuals. They are laying all the groundwork. XRPs have been purchased by institutions, but real sourcing has not yet occured. why? they are being strategic and cautios. Technology companies (Garlinghouse CEO comes from AOL and Yahoo) dont go live till everything is in place. When we see their partner banks begin to source off the one of 30 Exchanges our run wont stop. We are not part of this bubble.
Oh and are we in a bubble? Only 6% of the world has heard of cryptocurrency. I believe the Top 3 will weather the storm. At a certain point in the very near future, RIPPLE XRP Will be in its own class.
https://steemit.com/cryptocurrency/@thecrypto...ncy-bubble
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