Date: December 29th, 2017 9:08 PM Author: shivering house dingle berry
i'm in the same boat. it's definitely overvalued. but don't want to miss out on a potential amazon partnership or coinbase listing in the next week or two. this week sort of caught me by surprise because i assumed it would be fairly quiet since it's the holidays.
Date: December 29th, 2017 9:39 PM Author: territorial bearded field associate
just keep in mind that there are (I think this is right) 45 billion ripple in circulation and another 55 billion held in 'escrow' by the company developers. Way more than any other coin. that's part of the reason for the rumors about retailers using the coin because, theoretically there should be less volatility compared to say bitcoin, which only has something like 30 million coins in circulation. in my opinion XRP price will eventually stabilize kind of like how it stayed at 22-24 cents for months. just my 2c i have like .3 btc in it.