A statement by Intellyx IT analyst and analyst expert Jason Blumberg states that the Ripple model has a typical pumping and dumping pattern with a lot of artificially increasing XRP cost.
The strong point in proving the start-up capacity is not a fairly small number of clients declared by Ripple itself. But on closer inspection, for some reason, the customers turned out to be partners, and moreover, paid for it. The company refers this fact to the program, under which everyone who wants to use payment systems in RippleNet will receive exclusive rewards.
In the community, resentment has reached the level of ten on the Richter scale. Today, it looks more like a preparation for military actions by the Hulk army, rather than an advanced collection of cryptographers. And the reason for this is clear. Earlier, one of XRP supporters Oscar Arnarson also showed “teeth” when he asked, and not the swindler himself of Forbes, whose model is ancient, like dinosaur droppings and is based on recommendations that are not related to finance.
The next “crusade” against the cryptoindustry, now led by Bitcoin-hater Bloomberg, sooner or later break its spears about reality. Rejection dictated by misunderstanding of the concept or “donkey” stubbornness has no basis for long-term existence.
