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I really believed in the idea behind Bitcoins from the start, and because I was an early adopter, I made some nice profit.
Now I forecast a big future for Ripple too, but I don't see many ways to turn this into profit. I can start hoarding loads of XRP, but it doesn't seem likely they will become valuable in the future, because as soon as they do, transaction fees will be lowered. Another option is to start a new gateway, and because they're pretty scarce now, it may become one of the popular ones in the future.
Is there any other way I can profit as an early adopter?
3OpenCoin is the earliest adopter, and they start with all the ripples, so, in a sense, yes. – Nick ODell – 2013-02-15T06:18:47.317
2I don't see how "transaction fees will be lowered" is an argument against XRP appreciating. If people start using the XRP currency it will go up in value just like Bitcoin. However, I am suspicious of a currency where a single entity gets it all from the start. (And it doesn't matter how they choose to distribute it, what matters is that they have a say in it.) – Meni Rosenfeld – 2013-02-15T09:30:44.940
2XRP isn't supposed to be the currency, it's intended for keeping the network possible. The actual point of Ripple is to trade in other IOUs of other currencies. Of course, as with any scarce resource (e.g. WoW legendary equipment) you can trade or invest in it whether it's intended or not. But there are 100 billion XRP's available, waiting to be distributed at the whim of OpenCoin, so expect major inflation in excange value. Again, this is because they are not intended as currency, but as cheap network plumbing items. – Ilari Kajaste – 2013-11-19T12:16:27.637