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Ripple: Should you buy Ripple today? XRP value on the rise.

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RIPPLE prices are on the mend again after a drastic plunge on Monday shocked investor confidence in the XRP token. But does this mean you should invest in Ripple?

Ripple’s XRP token is trading above £1.46 ($2) again, hitting a price tag of £1.50 ($2.05 ) at 3.58pm GMT on Friday January 12.

The token bounced back around 28 percent on Thursday afternoon to £1.64 ($2.25) after South Korean regulators threatening to ban cryptocurrency trading crippled the markets.

Ripple’s rising price now comes with the announcement that US-based transfer giant MoneyGram will adopt Ripple’s xRapid transfer protocol.

Brad Garlinghouse, Ripple CEO, said the move will make sending money to friends and family a quicker and cheaper task, but skeptics have questioned the need to buy XRP to do this.

https://www.express.co.uk/finance/city/903929/ripple-price-today-buy-xrp-token-invest

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26 minutes ago, cryptomediaxrp said:

shocked investor confidence

Just to have that said. I was neither shocked nor not confident. A correction had to happen at some point to maintain a "healthy" ecosystem and the fundamentals did not change at all. I was actually happy the price dropped a bit. Rockets can shoot up way better from stable ground than from high towers. 

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I don't get the mit guy saying 

"Mr Galringhouse is confident this will revolutionise money transfers, but it offers a limited scope of use for potential investors"

what does that mean???

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It might mean that Brad himself does not fully  realize that one day XRP will move trillions of dollars accross the internet. At this moment in time Ripplenet is the only superfast digital payment system on the planet and it can be trusted, it is regulated and it is compliant with International law. All other systems are years behind. If Ripplenet and XRP ‘hold up’ Ripple  will take a very sizable chunk out the the SWIFT market share.

The SWIFT laidback and monopolistic attitude will be there ‘downfall’.

Following Ripple’s mission they have already created an interoperable network for all cryptocoins (including fiat utility coins) and provided the foundation for the ‘Internet of Value’. This is done in true spirit and will finally result in a level financial payment & playing field for all.

Edited by cryptoxrp

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