Ripple (XRPUSD)

[blxil]

What makes you think that XRP will ever go anywhere except down?

This coin is sketchy and has a poor business plan:

No compensation for miners or nodes
Unlike other currencies, the network will have to rely on people/company/partners jacking up their electricity bill to keep the network for transfers of the Ripple currency running

No ability for public audit
The ledger is kept secret, as is the blockchain. If you think you own ripple, you don't actually know if you own it and will never be able to prove that you received it via the ledger.

Developers are manipulating the price
Only 38,000,000,000 of 100,000,000,000 XRP have been issued by the developers; they are clearly manipulating supply to artificially inflate the price

Ripple's network will cease to exist over time
The developers claim that every time Ripple will be transferred, a fraction of the currency will be "destroyed". While one might think that this would decrease supply and increase price, it will have the opposite effect because fewer Ripple owners will be "kind" enough to run their network. Transactions will take months without the processing power that is behind XRP currently, and the currency will lose its inherent value over time. That said, the mere fact that a fractional amount of Ripple is "destroyed" is unable to be confirmed because there's no means of the general public auditing this currency, verifying its transactions, or its ledger.

I hate to sound like a wet blanket, but I don't think Ripple is a good longterm investment.