Topic: IS XRP REALLY A CRYPTOCURRENCY - page 4. (Read 857 times)
XRP exists natively within the Ripple protocol as a counterparty-free currency. Ripple is not a blockchain. The main purpose of the Ripple platform is to move lots of money around the world as rapidly as possible.
Yes it is , XRP is really a crypyocurrency which is circulating in the cryptoworld, and it is one of the best altcoin in the coin market cap , it ranks to the third spot in the cryptocurrency world.
Thank you very much for sharing your thoughts. I do not like Ripple and think that this coin is not a crypto currency. This coin is centralised without any limited supply, so just step back from Ripple and invest in coins that are worthing it. XLM for example is an awesome coin that is too undervalued.
Not really, it is centralised and controlled crypto, so I would not consider it in the spirit of bitcoin or ethereum that really extend the decissions much farther.
And where did you see the definition of cryptocurrency?
The definition from wikipeda: "A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets."
Do you see know any decentralization in the definition?
No!
And which cryptocurrency is really decentralized?
Bitcoin?
No! (Bitmain own more than 50% of mining power)
Ethereum?
No! (Vitalik is a strong name in Ethereum)
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Ripple, first of all, the cryptocurrency for the banking system and its long growth will continue to gain a foothold due to the decentralization
So what's the point of creating a currency in blockchain technology but it is a centralized platform? If ripple is centralized then what's in the kind of people behind it or the developers purpose on creating this currency?
Blockchain technology is for decentralization purpose but now I read about this XRP issue of being a centralized currency.
What could be the point of the developers for creating such centralized crypto currency?
Blockchain technology is for decentralization purpose but now I read about this XRP issue of being a centralized currency.
What could be the point of the developers for creating such centralized crypto currency?
XRP real cryptocurrency and in my opinion investing xrp is quite good, if there are many banks that use the blockchain xrp platform then it is not impossible if xrp will go to the moon
Perhaps Ripple is correctly perceived as a symbiosis of fiat money and cryptocurrency, but this is in any case a coin that is on the cryptocurrency list
Xrp is the largest balloon =)
I took my biggest damage thanks to xrp. 3,2 dolars => 0,48 dolars thanks.
I took my biggest damage thanks to xrp. 3,2 dolars => 0,48 dolars thanks.
I will never invest in xrp whose value is centralized.
there are lots of crypto that are really real like BTC and ETH that are worth investing in.
there are lots of crypto that are really real like BTC and ETH that are worth investing in.
But if you can take another profit from ripple, you can invest in that coins, right? I don't think that people will let this opportunity gone because I am sure that every people want to make a profit from any coins and he will try the best buy from the coins. But I agree that bitcoin is the real cryptocurrency, and I still hold and want to buy more bitcoin if necessary because I want to make a big profit from any coins especially from bitcoin. So right now, I am waiting for the ripple price to increase so I can sell my ripple again.
I will never invest in xrp whose value is centralized.
there are lots of crypto that are really real like BTC and ETH that are worth investing in.
there are lots of crypto that are really real like BTC and ETH that are worth investing in.
XRP (Ripple) is cryptocurrency but it is a centralized crypto. Ripple is traded mostly on BTC and ETH pair, you know BTC downed form $20k to $6k and ETH downed from $1.4k to only $200. That's why its value downed but if you see the price in ETH or BTC, it remains remarkable position not downed to much. Ripple is enhancing cryptocurrencies and Bitcoin also, not destroying the market.
Yes, in this even it is difficult to doubt. If the Internet to introduce" the best cryptocurrency to trade in the cryptocurrency market", in the first place of these cryptocurrencies will be Ripple.
To be honest, in my opinion, investors are slightly important is the ripple cryptocurrency at 100% or not. It is important for them that investments bring profit. And as we observed quite recently there are all the prerequisites for returning the price to the previous limits and even higher.
Of course, Ripple is really a cryptocurrency, just with some technical features, nothing more. But this does not mean that you need to invest in it.
In my view yes, xrp is definitely a crypto currency as it is based on blockchain technology, however, there could be a debate about how decentralized it really is, because the critics of xrp think that the large percentage of xrp is still held by the company so they can control the supply and value of xrp in the market, i think as a company ripple should answer the critics.
I see constantly a lot of controversy about the ripple, but I can say that this is a great coin that has proven itself to be one of the most powerful cryptocurrencies. I note that it is cryptocurrency and not something else
What else is he? Of course, Ripple is a very popular cryptocurrency. I don't know how you can doubt that.
it is a real cryptocurrency. all currencies that are based on blockchain technology basically called cryptocurrency. and yes xrp is also one of them. if you ask me if it is a good one to invest or not, i would definetely say that do not invest it. it is used for pump and dumps.
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