ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.
People had just made it bad and negative rumors because XRP is still looking good. Maybe our concern is the price which is quite not growing high like others that makes some blowouts but if you could really see how useful it was in many traders, you can find that the trx cost it too small compared to other coins. This is why it brings XRP to attention and remains popular. A certain project may not just be familiar with its price but can be also on the nature of its function and XRP does something, a big help to the traders. 
Topic: How did Ripple (XRP) become so popular and blow up in price? - page 2. (Read 566 times)
I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
I think the problem is not ideological but it is simply about convenience, people will simply follow the path of least resistance and if that is the path that leads to centralization then they do not care, it is only once they begin to be affected by that centralization in which people will raise their voices and look for a change.Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
And an example of this is Amazon, people love to receive their products that come from the other side of the world in just a few days, so they love Amazon, it is only now that Amazon has become so powerful that now many small business are suffering and people are losing their jobs that they are now complaining about it.
ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.
Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?
It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?
I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
XRP is not a new coin, they have been around for a long time and have often been competitors to ETH in the CMC rank in the past. However, since the problems with the SEC, XRP has fallen, really fallen, so it has not been able to reach a very significant ATH bullish era. And finally, after going through problems with the SEC, XRP returned to rise again. But it was still not as optimal as before.It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?
I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
Maybe because you are new to this coin. However, in fact, the increase is normal and not that significant if you look at the history of progress from now on. However, in fact, XRP has good fundamentals and a good team so that as an old coin,
Ripple had gained popularity during last quarter of 2017 as i remember even I got 10x returns but Ripple is centralized and dev team can dump or take out the tokens from market to manipulate the coin's price to create false market emotions by creating demand/supply this it became talk of the town and gained popularity, also Ripple works with banks to help them with transactions.
I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
That has been quite scary for a long time and yet the fact that people are still doing it makes me wonder what we are still doing. I mean if the projects are so centralized then it would not be all that great to handle it, we should be considering it a bit more dangerous.Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
Centralization is a lot more common nowadays that's true, and we should dislike it as much as we possibly could, but that doesn't mean that we are going to end up with XRP looking good, that was the OG centralized project and unfortunately people accepted it and put money into it.
What this caused is to open doors for the future where more and more projects became centralized seeing how XRP was accepted, so project creators decided if XRP can be centralized and make so much money for their creator, then we could do it too. Now the entire crypto space is filled with smaller XRP type of projects. If only we rejected it and not invested into them, it would have been a lot better for the market today.
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
For those who have been here long enough, and not just recently joined the crypto world; this is exactly how it happened and how it is going so far. It's true that it was created by some people and it is heavily centralized and all of that is valid and true.This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
I think people are making big mistakes by trying to figure out a way to change that and they should not try to do that at all. It is obvious that we are going to end up with a result that would change our perspective on what crypto is, because normally that's a decentralized thing and here we are talking about centralization being ok if you invest into them. I would never say that, centralization has always been bad and keep on staying bad for crypto on the long run.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. And once that happens it is going to be impossible for ripple to keep itself on the top 10, and whatever use case it may have now will soon disappear.
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
For those who have been here long enough, and not just recently joined the crypto world; this is exactly how it happened and how it is going so far. It's true that it was created by some people and it is heavily centralized and all of that is valid and true.This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
I think people are making big mistakes by trying to figure out a way to change that and they should not try to do that at all. It is obvious that we are going to end up with a result that would change our perspective on what crypto is, because normally that's a decentralized thing and here we are talking about centralization being ok if you invest into them. I would never say that, centralization has always been bad and keep on staying bad for crypto on the long run.
September 30, 2023, 02:52:15 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. Honestly, perhaps looking back at the case with XRP, we can only see that they were unlucky in recent years when legal issues related to the SEC made them develop, but we also hope that in the future they will have more resilience.
September 29, 2023, 04:31:34 AM
One of the strengths of the Ripple project is its focus on improving the international payment system. Blockchain technology and the RippleNet network have helped reduce the time and cost of cross-border transactions, making currency exchanges faster and more efficient. This can have a positive impact on the international finance and trade sectors. It is recognized that Ripple is doing very well in real-world applications. At the current moment, its price certainly cannot reach the old peak as you mentioned, given its current circulating supply is not the same as the circulating supply of XRP from 6 years ago.
September 29, 2023, 03:46:18 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. September 29, 2023, 03:04:40 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
September 28, 2023, 11:57:15 PM
The price of XRP isn't quite moving high, I hold some for a year but unfortunately, I'd never make a profit yet. I could still hold and wait for the bull season if see nothing has changed, I will sell them.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
its honestly quite awesome feat that XRP could hold the position among the top five already, although current price was fraction of what its in the past, im talking about $3 for each XRP but the total supply I assume have increase significantly so thats why market capitalization is high while the value remains quite low compared to its all time high.For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
but regardless if i were given a choice i'd definitely go with the newer coins i think XRP has already drained of its potential that I don't think it will ever hit its previous all time high ever again.
the coin itself is good at keeping its market capitalization but not really great for those interested in investing from my point of view.
And while ripple did in fact recover after this happened, its price has stabilized already and it is nowhere near its previous all time high, so once the bull market comes and ripple is unable to keep up with the likes of bitcoin and ethereum then those people will finally understand that they will never recover their money, and they will finally sell hoping to find a better coin in which they could invest.
September 25, 2023, 12:21:50 PM
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
September 25, 2023, 09:37:27 AM
While XRP has major areas of strength for shown development throughout the long term, it is critical to take note of that it has not yet arrived at similar cost levels as Bitcoin.
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
Who ever said this doesn't understand how the price and valuation works. Because with $200 price XRP would be valued $10.6 trillion dollars, that's 20.9 times more then bitcoin. Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
With marketcap like that it would have higher marketcap then Facebook or Tesla.
In fact that's peanuts... with $10.6 trillion dollar valuation it would have bigger marketcap then 5 of the most largest companies in the world combined. And after all the coins would be in the circulation it would need to have 2x that marketcap to have $200 price. So i am asking where the value comes for this centralized token that's been sued by SEC again?
September 25, 2023, 09:00:55 AM
The price of XRP isn't quite moving high, I hold some for a year but unfortunately, I'd never make a profit yet. I could still hold and wait for the bull season if see nothing has changed, I will sell them.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
its honestly quite awesome feat that XRP could hold the position among the top five already, although current price was fraction of what its in the past, im talking about $3 for each XRP but the total supply I assume have increase significantly so thats why market capitalization is high while the value remains quite low compared to its all time high.For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
but regardless if i were given a choice i'd definitely go with the newer coins i think XRP has already drained of its potential that I don't think it will ever hit its previous all time high ever again.
the coin itself is good at keeping its market capitalization but not really great for those interested in investing from my point of view.
September 25, 2023, 06:49:39 AM
It was indeed popular because of its long issue against the SEC but despite the situation that the team had faced, they still managed to become strong and retain their users and investors. I don't know what makes it special but still, many people keep holding and waiting for its bullish prices. I'm not sure but for me, I'd never see XRP as a profitable investment because I've tried accumulating some, but unfortunately, never see huge changes on my wallet as it was almost the same at the time I bought it. So I decided to sell them and buy other coins rather than holding XRP.
Even before the SEC issue came, XRP is already popular. The team needs to be strong because they know that a lot of people are rooting about it. XRP is special for having a cheap fee when transacting and its speed were also fast. Another thing would be is it was supported by the banks.This is why me and others think that XRP can still rise more. Also if you are early to invest on it, you are already reaping its benefits. You only need to have a patience now that we are on a long-term bear but it's sad to hear that you already switch out on other coins. Well it was still your money not ours so feel free to do what you want with it. Good luck.
I think we should reach to a point where it will not be making this much trouble to begin with. Have you see bitcoin having a legal battle? It can't, because there is nobody that can be sued for it, whereas XRP has the Ripple company and the owners that could be sued, that alone is risky enough.
September 22, 2023, 11:37:01 PM
Hi all,
Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?
It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?
I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
Ripple is a very old coin and as such the competition was not as fierce as it is now, in fact if ripple were to be released now it will not get anywhere near the attention it got on those days.Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?
It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?
I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
Another factor was its link with banks, and while for some this was a negative and they never invested in ripple because of it, others saw in that connection a way to link this market with the fiat markets and they invested in it thinking a bright future was to follow, and while ripple is still on the top 10 I do not think it is going to remain there for long.
September 22, 2023, 04:56:15 PM
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
Who said that? Can I see it too?I don't know what will happen in the future and speculation is fine if they have clear arguments and reasons behind their words but what we can be sure of now, as long as Ripple is still feuding with the SEC then the price of XRP will remain the same and even I doubt they will return to the previous ATH but the story will be different if in the end they can win the trial with the SEC because there will definitely be great benefits gained from it including their price increase, it's just that the expected victory to date is difficult for them to do because the drama of Ripple and the SEC always happens and this has not been over for several years.
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