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Topic: Do you believe in Ripple? - page 6. (Read 883 times)

copper member
Activity: 45
Merit: 0
July 22, 2020, 04:05:31 PM
#63
These days, it's not really about what you believe in. It's about what you can earn from. There are cryptos worse than xrp and have large market cap.
member
Activity: 99
Merit: 10
July 22, 2020, 03:58:13 PM
#62
To be honest i don't like Ripple from the first time I study about this. First of all it's a centralized sh*t and the supply of this coin is huge! Alos i don't see any upcoming development update of this project.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
July 22, 2020, 03:49:56 PM
#61
The ripple protocol is supported by the banks. So the banks my integrate it to their system. They just make things easier for the banks and has a centralized crypto currencies that most people don't like due to it being controlled by ripple team themselves.
I mean anyone who believes in decentralization and freedom on their own finance won't probably like ripple. Image what would happen to the price if the developers dump all the XRP they are holding. Its like you are just blindly trusting them not to dump the coins.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
July 22, 2020, 02:47:07 PM
#60
I see Ripple as a pump and dump scheme. The development and progress around the coin are so silent, now when almost every altcoin would like to show that is stronger than any time before (due to Bitcoin´s halving). For example, look at Ethereum´s progress and now look at price change difference between Ripple and Ethereum.  Roll Eyes Undecided
legendary
Activity: 2100
Merit: 1058
July 22, 2020, 02:38:04 PM
#59
Of course not, and I have been very aggressive about it for a long time and people can say whatever they want to about it as well.

I have always said that Ripple is a company that was created so that they could build a software that takes advantage of blockchains super power and use that to deal with other companies on how to move their money from one place to another place very cheap, there is not many method where you can send 100 million dollars from USA to Japan very cheap, it usually takes a lot of money and security, but with Ripple it is nearly free and it is quite fast, so that is why I think Ripple as a company can work. BUT! if we are talking about currency? They have never cared about the XRP investors, they frequently sell tens of millions of XRP to make a profit for themselves while screwing the market.
hero member
Activity: 2002
Merit: 535
July 22, 2020, 02:36:30 PM
#58
Ripple and XRP are two diffrent things. Ripple is an organization that offers many products, one of them is XRP token. This token doesn´t have any value, it is not a share of Ripple company and other products do not support mainly XRP token. So, you have to believe that Ripple will push more XRP token into its others product and integrate it. Without it XRP won´t have any value in the future.  Smiley
I was not aware of the difference between ripple and XRP as you mentioned  Cheesy Tongue. If Ripple is providing XRP then how can that be two different things, why is everyone ignoring logic. If a company comes up with a centralized coin and you are telling both are not the same which was funny to begin with.
As for Ripple aka XRP i am not a big believer that it has a big future 10 years down the line but i do not mind profiting from it if there is a rally.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
July 22, 2020, 02:32:12 PM
#57
I never touched ripple and never will do. It has no use and token owned by some corporation which they can create infinitely and hold most of them. I mean what is the point to buy, hold them. Just avoid them.
full member
Activity: 924
Merit: 106
homt.net
July 22, 2020, 02:17:36 PM
#56
Ripple and XRP are two diffrent things. Ripple is an organization that offers many products, one of them is XRP token. This token doesn´t have any value, it is not a share of Ripple company and other products do not support mainly XRP token. So, you have to believe that Ripple will push more XRP token into its others product and integrate it. Without it XRP won´t have any value in the future.  Smiley
legendary
Activity: 2982
Merit: 1028
July 22, 2020, 01:47:26 PM
#55
Absolutely, Ripple is one of the few altcoins that are working towards mass adoption with cryptocurrencies as well as bridging the gap between fiat and cryptocurrencies. Their network is very fast compared to that of Bitcoin and Ethereum making it more scalable.

Aside from being centralized and being played by banksters thos coin really have a quickest transaction process, and in reagrads to fees
it also have a much lesser comparing with bitcoin and ETH. Being part of top 10 alts it can also be a good investment alternatives if you
do aiming for long term investment.

Still far from the last time ATH, if you can take the risk holding will also be a good future success.
hero member
Activity: 2828
Merit: 611
July 22, 2020, 01:40:09 PM
#54
Absolutely, Ripple is one of the few altcoins that are working towards mass adoption with cryptocurrencies as well as bridging the gap between fiat and cryptocurrencies. Their network is very fast compared to that of Bitcoin and Ethereum making it more scalable.
But they are centralized and you are under their control which makes me feel very strange about ripple and lately they have a lot of answers to give if you just google the ongoing problems with ripple. There is absolutely no cap so the amount of ripple can increase as much as they want and since they have the control they also have a firm grip over the price. I have actually started to look at ripple like USD whose price won't move too much with time but at the same time I don't see any pump or hike in the prices anytime soon either.

I mostly gamble with it, so I don't care but yeah I have never seen ripple as an investment opportunity.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
July 22, 2020, 01:38:47 PM
#53
it is simple, Ripple protocol is good for banks, but i do not believe in XRP, there is a bunch of acussation on them, and they are not solving it, constantly sale new coins on the market, which increase supply, so price will not go up in the near term, i do not expect in long term as well
I am not sure about their problems going on and don't know if those accusations are true but I have been a long time believer of ripple for the simple fact that the price has never been too bad and actually the market cap has only gone better and better as compared to other coins.

of course, believe in the quality of Coin Ripple, Ripple is a coin that is very good in all respects in terms of volume, exchangers and enthusiasts it's not wrong to invest in Ripple because one day it will give a large or small profit

Actually you cannot expect big profits but instead you can expect more stable price now for some reason which is good if you don't like the volatility because they are now backed by banks and hence the volume is good so in my opinion XRP ain't bad just that don't expect sudden price increase is my suggestion.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
July 22, 2020, 12:47:25 PM
#52
Absolutely, Ripple is one of the few altcoins that are working towards mass adoption with cryptocurrencies as well as bridging the gap between fiat and cryptocurrencies. Their network is very fast compared to that of Bitcoin and Ethereum making it more scalable.
full member
Activity: 854
Merit: 101
July 22, 2020, 12:06:44 PM
#51
looking at the ripple principle of centralization, it is somewhat against the original objective of crypto of decentralization. But the coin is among the top coins in the market. I think ripple's solid community support is one that keeps it active in the market. Although its platform has some great features that are better than other cryptos.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
July 22, 2020, 11:24:28 AM
#50
Yes I think it's centralised and majority of it is hold by the ripple company and is used to fund the enterprises. If you are talking about blockchain for decentalisation then ripple definitely isn't your game .
Ripple has already dedicated to create a centralized system that can be used on the for the big companies and this company has been fooling its crypto investors. Ripple is money grabber only and it never give something useful to the holders.
member
Activity: 546
Merit: 11
July 22, 2020, 10:45:45 AM
#49
The project team has too many XRP coins in its stock, i always afraid that they can bring down the price of token at any time.
legendary
Activity: 1862
Merit: 1327
July 22, 2020, 10:42:48 AM
#48
I don't feel like placing particular trust in ripple (this year)

in fact, I would be very careful because this year expires the obligation of one of the founders not to sell everything

I foresee a massive sale by this founder, so be careful and with your eyes always open
full member
Activity: 1330
Merit: 147
July 22, 2020, 10:33:43 AM
#47
Hello guys, what do you think about ripple? I think it’s a centralized shit which is interesting only for banks and so on. However it is growing and people still believe in it.  why?
If you don't believe to centralized system you just simply go and don't look to this coin anymore. You can look to another altcoin like ETH even monero which has good privacy. And it is depend on time, I think this coin is good for trading. You can trade when there is good information because it will give you profit in short time pariode. But, if you are not a trader you can leave this coin because I don't think you will be patient to hold this coin for long term investment.
member
Activity: 672
Merit: 10
July 22, 2020, 10:29:04 AM
#46
their markets still survive today. the platform is also still running. but I will not have this asset for my investment. they are still running, but they look not so good.
full member
Activity: 1708
Merit: 105
July 22, 2020, 10:27:39 AM
#45
Hello guys, what do you think about ripple? I think it’s a centralized shit which is interesting only for banks and so on. However it is growing and people still believe in it.  why?
the question is why do you not believe in ripples? at this time he is in the top rankings for altcoin, so it is marked that the ripple is highly recognized.
although there may be some mistrust about ripples, it is common.
until now ripple is still a promising investment and is still being hunted for long-term investment.

see when ripple prevails, we have to admit, in large part, because of the movement of bitcoin that it pushes up the ripple to get to $ 3.4. this is certainly an achievement in itself and must be recognized even if it goes down but the current price is not bad compared to the beginning.

do not hesitate to continue to make an investment ripple for the future, because it can be assured that it will still be very profitable.
no need to hesitate with altcoin at the top because it is still tempting to keep being hunted by investors.
legendary
Activity: 2338
Merit: 1124
July 22, 2020, 10:16:03 AM
#44
now people haven't seen any potential in it and after it stop growing and that's because of the centralized system. As well I do agree on your banking thing, most of the big banks and financial system has been supporting it by investing in huge. Due to centralized thing many people thought it will not grow as much as it could be grow if it is decentralized. But according to the time many people have been holding it by hoping it will grow in future.
When I am personally hating XRP and its ripple corporation, I'm seeing it will grow regardless of what this community will be doing against them. I'm just talking from the past like what they have done and how they are currently working with their project. They are known for highly manipulating their own coins so that they will keep on luring investors into their coins.

Moreover, I'm seeing lots of partnerships are being signed up with ripple corporation from banking giants across the globe. So, if you are considering XRP as a stock then that will be good to go with it but you should not go for it like how you are doing and expecting with most other decentralized assets.

It is not a thing of believing in to XRP or not, it is all about how we are going to make money. From my experience, you can go with XRP for short-term benefits but you should never think about any plans of holding it for years. Because, being a centralized system will be a candidate to be seized by governments.
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