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Topic: Arguments against XRP, the biggest shitcoin. - page 5. (Read 835 times)

hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
I appreciate your opinion about XRP because you review in detail to give an opinion like that even though I disagree completely. I don't think XRP is shitcoin because their development team is doing enough
Ripple has got a good development team which is the one that has made the cryptocurrency to get listed to the top. Quite often we get an statement that ripple is a centralized platform, though it is centralized there is not much of manipulations. The continued partnering of ripple with different financial ventures keep the value of ripple grow further apart from its centralization which is termed as a flaw in cryptocurrency.
sr. member
Activity: 686
Merit: 255
I appreciate your opinion about XRP because you review in detail to give an opinion like that even though I disagree completely. I don't think XRP is shitcoin because their development team is doing enough
legendary
Activity: 1792
Merit: 1283
I don't think I completely agree with your assessment.
Ripple was always very forthcoming with the fact that they were centralized, they've also been very open that they were in control of the XRP supply.

The fact that they're not centralized doesn't make it a shitcoin, that's just your personal definition you're giving it.

They have completely different business model than other forms of cryptocurrency, but that doesn't automatically make it a bad coin.
It has different use-cases, sure, I kinda view it as a link between banks and cryptocurrency.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Nothing new about Ripple I think anyone who has enough brains can see what a bad investment Ripple is if you are thinking of the long term. Probably what people do not understand is that even with all the 200 banks of the Ripple network, XRP cannot really grow because none of these guys are actually transacting in XRP. So until XRP is used by these big guys, no price action.

But,,, I do believe XRP will recover to 1 dollar. Temporarily maybe but for sure.
legendary
Activity: 2324
Merit: 1603
hmph..
Maybe for some people XRP is shitcoin, but community and trader still receive XRP as one of blockchain currency even they are centralized. I dont think if XRP is shitcoin, because their technology adopted by enterprise.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
The positive news about bitcoin will bring lots of newbies to crypto and they will look for interesting coins for investments. Let's give some useful advice that they don't make wrong decisions and we show them the best coins of crypto.
To be prepared it's also important to know the dangerous shitcoins and avoid them.

The biggest shitcoin is Ripple's XRP and here are the most important TOP 5 points you need to know why XRP is a terrible coin:

  • XRP has not a decentralised blockchain, XRP is centralised and is often called the coin of banks. This is bad because the banks are keeping their centralisation + power and get even richer.
  • XRP is 100% premined and that is part of the centralization problem.
  • The team of Ripple own almost 70% of all XRP, which is unethical.
  • The coin XRP is useless if Ripple decides to change the system (that's possile and can happen when Ripple has made enough profit for the team or the banks want it).
  • The market and the media are manipulated by Ripple with fake news: https://www.cryptonewsz.com/the-army-of-xrp-is-a-pack-of-bots-finds-out-an-analyst/11873/
    and a large number of user comments on the internet are not from normal users, it's paid from Ripple to manipulate the people. XRP marketing can be compared to BCash marketing spreading lies.

Please everyone, if you have more warnings to add, please comment!  Smiley
I am just so happy that people are seeing with me what I have been saying about xrp and no longer interested in the project no matter what they have been doing to make sure that their project remains a success, one thing I know in the Crypto space is that you can't force your way to prominence but you can only do it by creating a project that everyone loves and want to be a part of, xrp needs to understand this obviously.
full member
Activity: 428
Merit: 172
chenille!
The positive news about bitcoin will bring lots of newbies to crypto and they will look for interesting coins for investments. Let's give some useful advice that they don't make wrong decisions and we show them the best coins of crypto.
To be prepared it's also important to know the dangerous shitcoins and avoid them.

The biggest shitcoin is Ripple's XRP and here are the most important TOP 5 points you need to know why XRP is a terrible coin:

  • XRP has not a decentralised blockchain, XRP is centralised and is often called the coin of banks. This is bad because the banks are keeping their centralisation + power and get even richer.
  • XRP is 100% premined and that is part of the centralization problem.
  • The team of Ripple own almost 70% of all XRP, which is unethical.
  • The coin XRP is useless if Ripple decides to change the system (that's possile and can happen when Ripple has made enough profit for the team or the banks want it).
  • The market and the media are manipulated by Ripple with fake news: https://www.cryptonewsz.com/the-army-of-xrp-is-a-pack-of-bots-finds-out-an-analyst/11873/
    and a large number of user comments on the internet are not from normal users, it's paid from Ripple to manipulate the people. XRP marketing can be compared to BCash marketing spreading lies.

Please everyone, if you have more warnings to add, please comment!  Smiley
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