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Topic: Is Ripple a true Cryptocurrency? - page 3. (Read 385 times)

full member
Activity: 322
Merit: 100
January 18, 2018, 06:14:59 AM
#13
I guess that the question should be what is a cryptocurrency, so here we go, what makes something a crypto or not a crypto?
Cryptocurrency consists of Crypto and Currency, so when viewed in terms of language then it means "Secret Currency", because Crypto means Secrets and Currency is Currency. This meaning is somewhat similar to the sense in terms of the term, namely "Currency of a digital and secret"..The first cryptocurrency made is Bitcoin, so Bitcoin is most famous everywhere. Bitcoin is made by an "Anonymous" named Satoshi Nakamoto. Wink
full member
Activity: 264
Merit: 100
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January 18, 2018, 06:14:21 AM
#12
Is ripple a cryptocurrency? Yes atleast by logic it's completely on Internet and Crypto graphy but it is not comparable to Bitcoin or litecoin because both of these are decentralised. XRP is a currency controlled by a company called ripple, Ripple has every rights to close down their currency but it is not possible in Bitcoin. XRP is useful for banks not for people.
full member
Activity: 504
Merit: 100
January 18, 2018, 06:10:42 AM
#11
I do not remember I've already said something in this thread about my negative attitude to the Ripple project or not. But in any case, for today I'm rather negative about the Ripple project, because I do not consider Ripple for crypto currency, for many reasons
member
Activity: 237
Merit: 10
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January 18, 2018, 06:09:09 AM
#10
XRP is not true crypto curency holding by Centralized Database and already 80% coins are premined owned there is no way to control this coins by community . Its not a true crypto currency supporting this coin would be dumb decision
sr. member
Activity: 565
Merit: 316
January 18, 2018, 06:06:47 AM
#9
On a technical level it's a cryptocurrency indeed, but a centralized corporate one. I guess we'll see more of this kind in the future.

Indeed. It is just a closed payment mechanism, like Paypal, Visa or Mastercard but with a blockchain ledger.
jr. member
Activity: 336
Merit: 7
January 18, 2018, 06:04:29 AM
#8
Ripple is centralized crypto, but i think it has good future, and it is good for investment.
member
Activity: 238
Merit: 15
January 18, 2018, 06:02:01 AM
#7
Ripple isn't independent coin,so it's not true cryptocurrency.
legendary
Activity: 1512
Merit: 1000
January 18, 2018, 05:56:22 AM
#6
On a technical level it's a cryptocurrency indeed, but a centralized corporate one. I guess we'll see more of this kind in the future.
hero member
Activity: 700
Merit: 553
January 18, 2018, 05:53:05 AM
#5
crypto space completely agains banks and their fuckin financial systems, but xrp working with them and this is completely different than crypto theory, so, xrp is not a true cryptocurrency.
full member
Activity: 406
Merit: 100
BAILOUT
January 18, 2018, 05:50:36 AM
#4
I guess that the question should be what is a cryptocurrency, so here we go, what makes something a crypto or not a crypto?
Cryptocurrencies are meant to be decentralized which XRP doesnt qualify,xrp is centralized coin by these bankers so if i were you i wont invest in XRP to protect our community and to be safe from a manipulated coin.

I don't think cryptocurrencies are always need to be decentralized but we know that ripple is centralized, it is not like bitcoin, doge or digibyte so better to invest knowing it is centralized.
newbie
Activity: 18
Merit: 11
January 18, 2018, 05:30:48 AM
#3
I guess that the question should be what is a cryptocurrency, so here we go, what makes something a crypto or not a crypto?
Cryptocurrencies are meant to be decentralized which XRP doesnt qualify,xrp is centralized coin by these bankers so if i were you i wont invest in XRP to protect our community and to be safe from a manipulated coin.
This is true,if XRP will dominate our community the bankers will win again,we are using cryptocurrencies because we dont want the banking system and the fiat.
member
Activity: 128
Merit: 10
January 18, 2018, 05:20:04 AM
#2
I think ripple is just a pump-dump coin. It is not a promising coin for me and there are many bad comments about it.
jr. member
Activity: 238
Merit: 9
January 18, 2018, 05:07:21 AM
#1
I guess that the question should be what is a cryptocurrency, so here we go, what makes something a crypto or not a crypto?
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