Quote:
Originally Posted by Outbackjack
I wont give anything like financial advice. But this is what I did three weeks ago. I went to BTC Markets and opened an account. It took about three days to be approved. You will need 100 points of ID verification. When account approved I put in 10K at about 26 cents average over 5 days.
Last night ripple peaked at $1.49 and has since settled back at around $1.10. It will likely stay there for a few days. Australias big four banks are currently experimenting with it for electronic finds transfer. American Express and some other international banks have already adopted it as their primary funds transfering currency. If you research Ripple you will see why big financial institutions and even governments (South Korea and Japan) have started using it.
But as has been said in this thread, dont buy anymore than you can afford to loose. It is very volatile but I think that ripple is as legitimate as a crypto currency can get.
Good luck eberyone.
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Can you explain the bit in bold?