Topic: Ripple has been hitting the news ! (Read 162 times)

   Many things can be found about Ripple in simple online search. From
everything I read one answer on Quora impressed me, here it is:
-https://www.quora.com/What-could-be-the-future-value-of-Ripple-XRP-Cryptocurrency/answer/Rick-Steinman-1
   I will share here paragraph`s that were most interesting in my opinion:
-Ripple is a system created for banks to enable immediate payments and lower costs.
Imagine if you could make a bank transfer in a few seconds instead of 2-3 business
days. That will happen over the time course.
-Ripple is a centralized currency, unlike Bitcoin. It means that one company owns the
system and more than 70% of Ripple. You may think that what if the company just do
the infamous, “Pump & dump” -move. It means that they promote their system until the
price goes high. Then they sell all of their investments, take the money and leave.
However, it won’t happen at least in the near future. They announced that a big part of
their Ripple holdings will be locked for 5 years. So, they are not going to dump it during that
time. That move will probably take the price higher because there are fewer Ripples available
for trade.
-One of the greatest benefits of Ripple for banks is the price efficiency. On Ripple - One
Frictionless Experience To Send Money Globally | Ripple is presented that banks can save
millions or even hundreds of millions of dollars each year with Ripple by using this new technology.
That’s one reason why so many big banks worldwide have become Ripple partners.

   In full answer at Quora you can read about other interesting things. Many people claim that Ripple
has no future, but many people said the same thing about Bitcoin, Ethereum and many other now
successful coins.

I still have ripple trapped in an old abandoned wallet before the gatehub migration. Not much just 50 or so. Until now I haven't been able to find a way to recover it. As for the project, well of course the price will only go up from here as banks begin to adopt it.

Even i do concern about this so only i am not investing on ripple instead I am investing on NEM . I dont support these centralized banking system  supporter again they are taking control back from people . So better NEO , Nem , ether

Fake partnership with western union,stop spreading FUDs this is funny how people wants this coin to pump.LOL if there will an official announcement from western union that is the time people should buy this coin,but wait there still none? is it FUD? oh yeah um sure this is another FUD like the coinbase listing last year.

The most important reason is that to ripple are skeptical is full control. It is impossible to go coins into growth if it is constantly kept on a short leash. You can certainly buy a few, but the meaning if a high rise, we will not see.

I think Ripple is a threat to the whole ecosystems, government want control and if it is true all these partmerships are true then people need to be greatly concerned, centralised system is a threat to want this space is all about

It has been predicted by so many people and i was not feel surprised with it. If you are believing ripple will have real partnership with them all and it looks a good thing. But as far as i know about what already happened with R3 and ripple. it seems the banker only interested in its technology rather than use all of ripple features.

I am one of those skeptics about ripple . I am not complaining about the technology behind it. Ripple may have the very good tech but the thing about being controlled by a central authority is what hold ripple from going to the moon.

ripple always comes with good news every day,
but the price still has not reached its peak,
I'm sure will go to next year's moon

Ripple is making lots of noise recently. Those positive news could catapult the price of XRP in the market.

Ripple is always accepted by any country bank because they are centralized, the bank does not want to take risks if it is not centralized.
Having bought a ripple during dip yesterday, lucky me.

Xrp makes partnerships and headline news daily. yet the fudders keep on hating to suppress price lower.  All fine for me it allows me to buy cheap xrp

And to answer ur question. Xrp is a bad investment. Please dump whatever you got

   A lot of people are skeptical about Ripple. Ripple is designed to work with existing banking system.
Ripple is not decentralized. lt is controlled by a single, central authority.
   1. Ripple Partners With Saudi Arabian Monetary Authority To Offer Pilot Program For Banks:
-https://cointelegraph.com/news/ripple-partners-with-saudi-arabian-monetary-authority-to-offer-pilot-program-for-banks
   2. Western Union Is Testing Ripple and XRP for Money Transfers:
-http://fortune.com/2018/02/14/ripple-xrp-western-union-money-transfers/
   "Ripple has partnerships with over 100 financial institutions, most recently last week partnering with LianLian International,
a China-based payment services provider."
   The positive news about Ripple are coming constantly. Do you think that is good to have some Ripples for future?