Topic: Ripple is in major trouble - page 10. (Read 25437 times)

90% of his articles are about Ripple and XRP lol some nice crowd control right there. Satoshi is a block-chain company.

Well there had been a lot of speculation about Ripple crippling in the next few days, but so far it has kept its value around 12k-13k in Polo. Especially with bitcoins high price now, some altcoins are having a hard time pumping.

I totally agree and yet people invest here maybe because of the profit my biggest fear is to beat Bitcoin in the number one position,even if it not considered a 100% crypto currency,glad that they are going down.

Satoshi Citadel Industries Will Integrate XRP In Remittance And Mobile Money Services

Along with the financial sector xrp will be a force outside that arena as well. Trolls need to stop the xrp hate and realize what is happening in front of their eyes.

what do other coins going on that exchange have anything to do with? ripple has partnered with them. that's kind of a big deal considering india has over 1.3 billion people and its people are adopting crypto faster than many other countries.

These stupid anti-Ripple trolls need to grow up. In long run Ripple will be winner. The hardcore crypto community is against it because they are immature anarchist; institutional money will be favor something less geeky and uncontrollable. Meanwhile Ripple has been steady in the top 3 for years already. Get a life.

I really hope that XRP doesn't get in trouble

I thought that during and after Consensus the price was going to raise... but it sank

Other coins are also getting on BTCXIndia but noone published that news, Ripple had no other news to publish.

They got alienated at Consensus. Then JoelKatz basically said, "They didn't give us time to present so we couldn't convince any companies to hop onboard with us."

in the world of cryptocoin will always be the name of a dump or pump. Ripple including old, altcoin, so I'm sure the dev ripple will not stay silent with all that is going on

If this is the case and its true, I'll be pulling out my XRP's in trading. But we'll try and see what will happen in the next few days too.

i don't believe anything wrong happened during consensus. i think many people were expecting something "extraordinary", but people have to manage their expectations and more so remember that xrp saw impressive growth over the last few months. that alone should be (and i would imagine is) reflective of years worth of work and progress.

joel katz mentioned how they re-strategized in a way last minute (paraphrasing). i don't recall the exact specifics, but it sounded like they didn't want to get lost in all the amazing news and updates from other companies. you have to remember that ripple has been at this for a lot longer than others. don't discount all the amazing progress they've made prior to consensus. there's also a payments summit happening in toronto right now, so there could very well be some new updates shortly.

people have to remember that no company is impervious to dips / market fluctuation. financial markets are dictated by a lot more than a company's performance.

Think ill hold onto my ripple for the time being see what happens with it.. but I fully agree open-sourcing something like this ain't a good idea as said before someone will always come along
and implement some new feature .

Just noticed that there is an exchange in India just to trade Ripple but one thing i can tell is if the news about ripple is true then all the hype it had till now is vanished just like that and if OP could explain what went on during the Consensus because you stressed something went wrong during the conference which i am not aware of.

That's really not so much of an issue any more.

The Chinese government could declare that no miner can build on top of a block that spends a particular bitcoin UTXO and it would be censored. There is no clear plan for how to fix this. Nobody cares enough to actually do anything about it. Whoever has the cheapest power and the best ASICs is a bitcoin stakeholder no matter what you do -- and they want high transaction fees.

Bitcoin's governance is completely paralyzed. The people who believed in bitcoin as a payment system for ordinary transactions can't operate their businesses. The idea that you can have no governance but the system works because interests are aligned has been demonstrated to not be nearly as good as we all hoped and thought it would be.

I'm not bearish on bitcoin. Bitcoin will get through this. But it shows the ridiculousness of complaining about the much less serious drawbacks of a significantly technically superior system.

1) Ripple's consensus protocol doesn't force whoever has the cheapest power and best ASICs to be a stakeholder who wants high transaction fees.

2) Ripple's currency distribution system enriches those who built, and build on, the ecosystem, not power companies and semiconductor manufacturers.

3) Transactions on Ripple confirm faster.

4) Ripple's transaction volume and transaction capacity is much higher.

5) Ripple has functional governance with a clear way for users to change the stakeholders if they don't get what they want.

6) Ripple supports security features like key rotation that are not supportable on a UTXO model.

I still think bitcoin will dominate for the foreseeable future. It got there first. It's good enough technically. There are massive network effects. And there are ways around most of these issues and none of them are deal breakers.

But the number of people making this tired argument that has not stood the test of time well are very, very few now. The facts speak for themselves.

Interesting read, this is news to me. The coin was already in a bear market, and I think that such conditions only increase the price drop in the market. It is surprising that a cryptocurreny with so many points of centralization has become, even for a short period of time, the second most valued in the crypto space.

So this is the reason why ripple crashed.  Seems holders are abandoning ships now.  I almost give into buying it at its peak but I was lucky I hesitated.  I feel sorry to those who bought at 20k+ sat, now they are sitting at a lost.  Do you think XRP will bounce back?  I feel that it will even go lower since majority are now in panic sell mode.

Holy s... and I am sitting on a big pile of Ripple. I'll sell once they implement the escrow

Yep, since 2013.
"They" have beat down ripple/xrp all the way from $0.006 to $0.40 then back down to $0.25.
While lurkers, who have accumulated over the last 4 years, are looking ahead to 2018/2019.

Some are against everything ripple stands for and would rather miss a 10000% return in a 5 year span (March 2017-March 2022) than provide liquidity/value to Ripple Inc by buying xrp. Others just don't think ahead of tonight's dinner.

Some are just here to feed their kids.