Ripples price has doubled in just a few days due to the money coming in from the South Korean market. Everything you've said is true however Ripple has been set up to eventually disappear like a fiat currency over time. Having no transaction fees and burning XRP from the pool each time a transaction is completed means that either there will be no Ripple eventually or they will have to create more which would completely discredit the Ripple blockchain.
I get why you don't like Ripple and I hate the banksters too but I think we should pump and dump the fucker, make profit, recycle it into worthy alt coins and hopefully discredit the Ripple name. Win-Win.
Just my 2c dude.
Welcome back buddy, it's been a while since I've seen you.
RE: Stop Investing In Ripple! (XRP) Warning. DO NOT BUY. Here's Why: