Ripple is in major trouble | Bitcointalksearch.org

cryptoonion888

full member

Activity: 191

Merit: 100

I dont mind the pain

Quote from: taxmanmt5 on August 15, 2017, 12:23:06 PM

They're been seems to be getting out of trunk things off for this coin. Chances are there will still be a core of people that will stay with it like a cult following. I don't think it's going to die anytime soon but at the same time I wouldn't expect an upward rise in the next couple of months or anything like that.

I'm afraid you're right: but: HODL: https://www.youtube.com/watch?v=N1NupxasQWs

taxmanmt5

legendary

Activity: 1190

Merit: 1024

They're been seems to be getting out of trunk things off for this coin. Chances are there will still be a core of people that will stay with it like a cult following. I don't think it's going to die anytime soon but at the same time I wouldn't expect an upward rise in the next couple of months or anything like that.

leea-1334

hero member

Activity: 2338

Merit: 953

Temporary forum vacation

Quote from: Hodor7777 on August 07, 2017, 09:25:15 PM

Quote from: Calangaman on July 27, 2017, 07:51:45 AM

I have no problem with XRP as a mean of payment. If people like it, fair enough.

I have a big problem with XRP as a store of value. A centralized coin where founders can release new coins at will offers no value in my view.

But who knows, people may find value in it and I may be wrong...

1) That's simply not true. There is actual code to run a check on the maximum number of XRP on the network. JoelKatz has explained these previously.
2) Even if it were true, that statement makes no sense from a critical thinking perspective. A move to control the markets would just end up hurting themselves.

I do see the concern from the perspective of "uncapped" value but this has already seen a few coins disprove the theory, at least for the time being. I can see Dogecoin's inflationary model or even ETH for that matter. In a way, ETH centralisation offers a form of security for owners, who know that there are big whales with a lot of investment and interest. It instils confidence that they will not let the value go down too much. Like it or not, centralised currency will try to influence markets at some point.

Hodor7777

full member

Activity: 616

Merit: 112

It’s easy to confuse what is with what ought to be

Quote from: Calangaman on July 27, 2017, 07:51:45 AM

Quote from: cryptoonion888 on July 27, 2017, 07:29:04 AM

Why doesnt like XRP? Is cheap, is fast, is ubiquitous, is easy to see the transactions in the blockchain. I just dont get why this hate to a coin. I love it, and I'm lucky that my two principal exchanges uses XRP. The day I can buy and pay in XRP I'm gonna be so happy, is just a coin not the code for teleportation... far far far better than UShitD
For the teleportation I have already my IOTAS Cheesy

I have no problem with XRP as a mean of payment. If people like it, fair enough.

I have a big problem with XRP as a store of value. A centralized coin where founders can release new coins at will offers no value in my view.

But who knows, people may find value in it and I may be wrong...

1) That's simply not true. There is actual code to run a check on the maximum number of XRP on the network. JoelKatz has explained these previously.
2) Even if it were true, that statement makes no sense from a critical thinking perspective. A move to control the markets would just end up hurting themselves.

Edwardbn

newbie

Activity: 39

Merit: 0

Banks, payment providers and digital asset exchanges process and provide liquidity for payments on RippleNet, creating new, competitive cross-border payments services for their customers.

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: ActiveP on June 23, 2017, 06:33:18 PM

Soon enough a lot of banks and financial institutions will create their own alt coins. Ripples main target is cross border transfers and that may keep them safe for the meantime.

R3 has been around for a while now but still does not have its own native coin.

In coming Ripple should face a lot of challenges with the bank because once if they attain the knowledge of Ripple's blockchain. The banks themselves start developing their own blockchain for a smooth transaction. 'Nobody doesn't know what is going to be future of Ripple.

Calangaman

sr. member

Activity: 602

Merit: 250

Quote from: cryptoonion888 on July 27, 2017, 07:29:04 AM

Why doesnt like XRP? Is cheap, is fast, is ubiquitous, is easy to see the transactions in the blockchain. I just dont get why this hate to a coin. I love it, and I'm lucky that my two principal exchanges uses XRP. The day I can buy and pay in XRP I'm gonna be so happy, is just a coin not the code for teleportation... far far far better than UShitD
For the teleportation I have already my IOTAS Cheesy

I have no problem with XRP as a mean of payment. If people like it, fair enough.

I have a big problem with XRP as a store of value. A centralized coin where founders can release new coins at will offers no value in my view.

But who knows, people may find value in it and I may be wrong...

cryptoonion888

full member

Activity: 191

Merit: 100

I dont mind the pain

Quote from: Calangaman on July 27, 2017, 07:03:31 AM

1. many people still think that the value of XRP derives from Ripple's success as a company

2. how would you trust a coin that the founder himself wanted to dump a few years ago https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/

3. why on earth do large exchanges like Bitstamp still allow XRP trading ?

The valuation of XRP shows that the cryptocommunity is not as educated as many think...

Why doesnt like XRP? Is cheap, is fast, is ubiquitous, is easy to see the transactions in the blockchain. I just dont get why this hate to a coin. I love it, and I'm lucky that my two principal exchanges uses XRP. The day I can buy and pay in XRP I'm gonna be so happy, is just a coin not the code for teleportation... far far far better than UShitD
For the teleportation I have already my IOTAS Cheesy

Calangaman

sr. member

Activity: 602

Merit: 250

1. many people still think that the value of XRP derives from Ripple's success as a company

2. how would you trust a coin that the founder himself wanted to dump a few years ago https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/

3. why on earth do large exchanges like Bitstamp still allow XRP trading ?

The valuation of XRP shows that the cryptocommunity is not as educated as many think...

ðºÞæ

sr. member

Activity: 1176

Merit: 297

Bitcoin © Maximalist

Ripple is in major major major major major trouble

Singapore’s central bank (MAS) and some serious big banks got together and decided to go head to head with Ripple Inc and build its own Distributed Ledger Technology (DLT) Database that is spread across multiple sites, countries or institutions and wont have to deal with a Broken Database

XRP or Ubin take your pick
https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/financial-services/sg-fsi-project-ubin-report.pdf
They are even so kind to integrate Ripple and Stellar ~~blockchain~~ distributed ledger tech database in the prototype. Of course it will be gone sooner or later.

cryptoonion888

full member

Activity: 191

Merit: 100

I dont mind the pain

Why to be worried about Ripple creating another coin, is stupid... It is as if Microsoft decided today to create new shares for its shareholders. Non sense.

ActiveP

full member

Activity: 210

Merit: 100

Soon enough a lot of banks and financial institutions will create their own alt coins. Ripples main target is cross border transfers and that may keep them safe for the meantime.

R3 has been around for a while now but still does not have its own native coin.

leopard2

legendary

Activity: 1372

Merit: 1014

Quote from: Spoetnik on June 20, 2017, 06:09:10 AM

Quote from: Croin on June 20, 2017, 03:10:17 AM

I really hope that this coin disappears, it has a really bad influence on the cryptocurrecy field. It has actually nothing to do with crypto by being centralized and manipulated in price.

Agreed and i have asked a number of times if Ripple coins can be removed.
Since they can be added on Demand by the Ripple Inc company then uhh see a problem ?

Yeah they could list Paypal, Visa or simply fiat currencies, what a joke

Metros

full member

Activity: 308

Merit: 100

Ripple wont die, it'll grow. big banks back it up.

We can hate or love it, that's a fact.

But once R3, Quorum, Axoni & InfoSys will launch their own coins, they'll rocket sky and will be intense compete for Ripple.

I wonder when they actually gonna launch coins..

MrGatzi

newbie

Activity: 8

Merit: 0

i bought some yesterday ^^ i think Ripple is good for the future

btctousd81

sr. member

Activity: 434

Merit: 270

so should i hold or sell my ripple.,
i thought ripple has a bright future.,

its backed by google and its helping banks in 3rd world, to send funds internationally quick and cheap.

Boxxl

hero member

Activity: 800

Merit: 502

I only know Ripple will be a really BIG company

gedor

sr. member

Activity: 658

Merit: 255

I don't know much about ripple token's usage for users but as a startup ripple is successful now. and it seems it will go more

jennywhzz

sr. member

Activity: 415

Merit: 250

These coins and tokens get their fans based on some snippet of the OP announcement and the rest is just smoke and mirrors, based on the original smoke and mirrors and buttressed with a little more smoke and mirrors.

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: KrakAJAX on June 21, 2017, 03:17:26 AM

Quote from: posternat on June 21, 2017, 03:10:18 AM

Ripple has nothing special to offer like the majority of the coins from the same generation and most of coins from the current generation. There is nothing wrong with Ripple, but there is nothing that will make it surge above the rest more than a few times here and there, based on new traffic created because the OP announcement got a new bit of life.

Then again most tokens don't have any special code to them, it's just the perception of what value it holds, and they still get pumped.

People jump on the old threads and make a comment that is nothing more than a chance for them to speak and be heard in the world and make themselves feel validated and whatever older thread that was blessed with that comment will get a little new activity. It was Ripple recently and something else next week.

Topic: Ripple is in major trouble (Read 25437 times)