Grayscale: XRP gaining momentum among financial Institutions

ansi

sr. member

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Merit: 254

Quote from: koincik on December 26, 2019, 08:47:03 AM

But it is losing value among cryptocurrencies

I think, Ripple did not use its chance well. People don't trust it anymore so much. Everyone aware of it full of risks.
There are many members who has more knowledge than me, but I am not sure that Ripple is needed anymore.

Ripple has the best partnership among all other crypto projects, there is no single doubt about that.
The ripple supply is huge & i getting bigger day by day.
The value of ripple will keep going down no matter how good the future partnerships it will make.
The sad truth about crypto is that we(re here to make money, that' why you see some shit coins with 0 real life partnership worth $5+, this is what it is unfortunately.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Why are we tricking people by saying XRP? Lets be honest, this is good for Ripple not the coin, the company. Company has been doing these kinds of improvements and deals with other big institutions for years now and yes they are getting better and bigger and they just raised a lot of money so they are using it properly which is awesome for the shareholders of the company but when things come down to the coin holders, none of these will ever make a single difference to XRP holders.

Have you seen the 200 million dollars they just got from their seed round? Do you think they will use it to improve XRP to a level where coin holders will profit? Will they give out dividends? No on contrary they will have to sell more and more XRP by printing out of thin air to keep the shareholders happy.

Thomas-s

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Proof-of-Stake Blockchain Network

For a very long time, I did not respect XRP and always believed that this is a manipulative coin that will not bring any benefit to the cryptocurrency market, but in the last half of the year, I began to pay attention to their actions. a lot of strong news and a lot of updates. now I'm starting to think about adding this coin to my portfolio for long-term storage

knuckey

sr. member

Activity: 1260

Merit: 251

Quote from: VanDeinsberg12 on December 26, 2019, 08:43:10 AM

If what already said by grayscale is about the ripple blockchain and yes it's true if that gains the momentum among the financial institutions but if that is about ripple coin and that's very sad to see that but those financial institutions just seeing it as worthless security coin.
Just never try to take ripple coin as something that makes the financial institutions feel interesting about that. Roll Eyes

There have been many articles like this related to ripple, but you are right that ripple are not as interesting as the stories in various articles and it is proven that financial institutions or banks do not see ripple as a solution for them.

koincik

sr. member

Activity: 868

Merit: 265

★Bitvest.io★ Play Plinko or Invest!

But it is losing value among cryptocurrencies

I think, Ripple did not use its chance well. People don't trust it anymore so much. Everyone aware of it full of risks.
There are many members who has more knowledge than me, but I am not sure that Ripple is needed anymore.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

If what already said by grayscale is about the ripple blockchain and yes it's true if that gains the momentum among the financial institutions but if that is about ripple coin and that's very sad to see that but those financial institutions just seeing it as worthless security coin.
Just never try to take ripple coin as something that makes the financial institutions feel interesting about that. Roll Eyes

Harrydose

newbie

Activity: 145

Merit: 0

XRP has set another achievement in picking up energy among monetary foundations and clients by giving a quick and secure pathway of moving assets with less expensive exchange charges for transformation from one sort of computerized resource for other people.

XRP would have the option to catch a huge segment of the worldwide market that value around US$2 trillion. XRP and XRP Ledger expected to understand liquidity-related issues inside monetary undertakings chipping away at SWIFT, ACH, and the FedWire framework. As of late, XRP got uncommon note of acknowledgment from the United States official Bill proposition under the Bureau of Consumer Financial Protection. The bill considered beneficial outcomes due to XRP available for use in the market.

Source: TheCoinRepublic

Topic: Grayscale: XRP gaining momentum among financial Institutions (Read 124 times)