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RE: Why Raiblocks Will End as a Pump & Dump
I completely agree the rise of XRB has been insane. However I think you're glazing over the fundamental value of XRB.
It is a true decentralised cryptocurrency and it's actually working. So lets take a look at some of the other cryptos that are ahead of XRB
XRP - fast and low fees, centralised
IOTA - fast and free transaction, centralised (coordinator) and not working
Bitcoin - slow, high fees and centralised (miners)
Litecoin - centralised (miners)
I agree it's not going to #1 on CMC, but it deserves a spot in the top 10. Why? the whole cryptocurrency space was founded on Satoshi's vision, a truly decentralised trustless currency. XRB is the only one that really matches up to the original vision.
Happy to see other people's thoughts on this.
Seems like it was having issues earlier today on XRB’s biggest exchange. https://twitter.com/bitgrail/status/948204439403417602
That's why rai.exchange is being actively worked on to address bitgrail's longstanding problems
Yes - this has already been addressed. You will probably find that it's the incompetence of BitGrail than XRB. BitGrail was running 1 node to process all the deposits and withdrawls... ONE NODE.