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Topic: Ripple and XRP are partnering with many banks, why does the price keep falling. (Read 307 times)

member
Activity: 434
Merit: 49
banks are subject to xrp's volatility for 3 seconds. do some research retard.
Perhaps this is a risk for 3 seconds, but this is a risk, especially if you conduct a large number of transactions, this risk increases. Why this risk for banks? In addition, banks are successful functioning and without ripple
legendary
Activity: 1288
Merit: 1087
banks are subject to xrp's volatility for 3 seconds. do some research retard.

times that 3 seconds by billions of transactions per year and you wind up with a vast, completely unnecessary and totally avoidable bill.

i've said it once, i'll say it again. no institution will expose the necessities of their core operations to any market, let alone one as crappy and warped as the alt market. there is no need.
hero member
Activity: 644
Merit: 501
Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause?? Wink

What do you mean in the last two years price has not been impressive?

Ripple has literally risen from 0.006 USD around two years ago to what has been its all time high of over $3. Even with the corrections happening right now the price is still a respectable $0.66. XRP has been one of the best investments so far for investors for the exact reason it's got so many banks as its partner.

However, I don't believe in the long term of XRP simply because of the fact that we're moving away from centralization and XRP is one of the most centralized coins that is out there. Though as long as there are new partners, there will be hype surrounding it.
member
Activity: 141
Merit: 10
Ripple has a very large coin emission  and, for an impressive increase in its price, large monetary injections are needed, besides, the coin is very volatile, and I think this partially repels the banks

banks are subject to xrp's volatility for 3 seconds. do some research retard.
member
Activity: 434
Merit: 49
Ripple has a very large coin emission  and, for an impressive increase in its price, large monetary injections are needed, besides, the coin is very volatile, and I think this partially repels the banks
member
Activity: 275
Merit: 10
We offer our Service
Very terrific happening in the market, no one can predict for the pump even if we say they are partnering with many bank still the crytos are very volatile.
member
Activity: 271
Merit: 10
Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause?? Wink
Market volatility is supposed to be an elusive thing in the field, although the ripple and other coordinates with the banks, because of the current supply of coins is lower than I initially thought. This makes the girl continue to fall for weeks.
newbie
Activity: 22
Merit: 0
People are shortsighted and are not able to understand what Ripple is trying to do and how well their plan is progressing.

Price went up wildly because of a stupid Coinbase rumor, and a lot of people bought high. Today, the people who bought at 3+$ have the same choice as the people who bought bitkoin at 1000+$ in 2014 - if they are patient they will see massive gains, if they are not they can take their loss and move on.

Banks and FIs are joining in waves, and yes, at first most will use xCurrent. But the transition to xRapid will come soon, and so will other usecases based on the advantages of a fast crypto, cheap fees & great liquidity. Smart people will not miss out, a lot of money is to be made.
full member
Activity: 1064
Merit: 166
because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.

The focus here for these banks isn't the token but the blockchain technology. Ripple in my opinion is technically centralized and currently artificial and its value is driven by Ripple Lab news.. and Ripple lab does not put any onus on its clients to use the XRP token. So that begs the question, what is the real value of XRP??

nothing really!
XRP is a centralized token which is not even like other centralized altcoins. it is worse because the owners from Ripple Labs can simply take your money away from you as they did this once before!
like many other altcoins this is also a pure pump and dump thing which people make money from its pumps. that is all!

hey look i found the retard. please just go back to your shitcoin forum.

please forgive them because they have no clue what they are talking about  Cheesy
member
Activity: 141
Merit: 10
because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.

The focus here for these banks isn't the token but the blockchain technology. Ripple in my opinion is technically centralized and currently artificial and its value is driven by Ripple Lab news.. and Ripple lab does not put any onus on its clients to use the XRP token. So that begs the question, what is the real value of XRP??

nothing really!
XRP is a centralized token which is not even like other centralized altcoins. it is worse because the owners from Ripple Labs can simply take your money away from you as they did this once before!
like many other altcoins this is also a pure pump and dump thing which people make money from its pumps. that is all!

hey look i found the retard. please just go back to your shitcoin forum.
full member
Activity: 1064
Merit: 166
ill just leave these here about why banks using "just" ripple net (xCurrent) matter:

https://ripple.com/insights/much-ado-much-to-do-part-1/
https://ripple.com/insights/much-ado-much-part2/  xCurrent
https://ripple.com/insights/much-ado-much-to-do-part-3/ passing from xCurrent to xRapid

And this is who is actually planning/using XRP, yes WU is moving 80 billions per year


legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.

The focus here for these banks isn't the token but the blockchain technology. Ripple in my opinion is technically centralized and currently artificial and its value is driven by Ripple Lab news.. and Ripple lab does not put any onus on its clients to use the XRP token. So that begs the question, what is the real value of XRP??

nothing really!
XRP is a centralized token which is not even like other centralized altcoins. it is worse because the owners from Ripple Labs can simply take your money away from you as they did this once before!
like many other altcoins this is also a pure pump and dump thing which people make money from its pumps. that is all!
hero member
Activity: 896
Merit: 505
All is falling,  why ripple should not falling?
Altcoins are now solid dependent about bitcoin.
full member
Activity: 254
Merit: 100
XRP is not being used by the banks, it's just a lot of marketing.

Pilot test programs does not mean banks actually want or use XRP.
legendary
Activity: 2660
Merit: 1261
because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.
This its right my bank country Indonesia too meet Team Ripple it's not interested about the XRP but the bank interesting about the technology well for partnership the price will fall but if the market backup, XRP will backup really fast because of bank partner maybe.
hero member
Activity: 966
Merit: 513
Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause?? Wink

I see some already said this but I wanna mention this again. Ripple and XRP are same. I do not why you have used the symbol and name together. I recently noticed that saudi arabian started accepted the ripple payment options and crypto currency adoption from them.
There are many banks keep on getting connected with the ripple and I do not know why still going behind this centralized bank oriented coin. Which is completely opposite to the cryptos.
legendary
Activity: 1288
Merit: 1087
when will people wrap their heads around the idea of big business using the tech, not the publicly available coin?

it's gonna be the same for ethereum in many cases and plenty of other systems too. they're not in the business of trusting in things completely beyond their control. they are interested in licencing the code for their own purposes.

even if they did show an interest in xrp, they know perfectly well the foundation still controls billions of them, let alone how crooked the rest of the markets are. why the hell would you willingly expose yourself to that?
full member
Activity: 378
Merit: 101
Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause?? Wink
Ripple and XRP? like it is meant that those words are different coins, it must be Ripple(XRP) btw I read this news but the thing is some banks and other businesses will use ripples blockchain, not the currency itself which is not that impactful to its price and the fact that the main coin which is bitcoin price is decreasing over the past months and now the current price is ranging between 7K to 9K USD, it impacts most of the altcoins out in the market and that counts the Ripple itself.

Because the price went up due to too much hype. 
Then the price went down due to FUD's, panic selling, banning ads over facebook and google which the people took dramatically that triggers them to sell.
newbie
Activity: 108
Merit: 0
Almost all of the altcoins are in the red now. so why should xrp be up. prices of alts largely depend on bitcoin and bitcoin is also in the red, thus the partnering with banks would not ensure xrp's price to rise.
newbie
Activity: 57
Merit: 0
Every coin is still tied to what BTC does in the end. Until some of these coins can break free from BTC dependency they will all follow the rise and fall of BTC.
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