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Topic: Ripple Is Not A Cryptocurrency? - page 2. (Read 550 times)

member
Activity: 266
Merit: 10
July 25, 2018, 02:31:52 AM
#50
a lot of HYIP was around this crypt coin! it has grown very well in price, those people who invested in it could earn a decent amount of money! I'm sure that the potancial is not yet fully revealed! the ripple can still show good growth, the main thing is that the market moves up!
newbie
Activity: 23
Merit: 0
July 25, 2018, 01:37:00 AM
#49
Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/
ripple is a cryptocurrency
member
Activity: 279
Merit: 10
July 25, 2018, 01:13:49 AM
#48
Ripple is not so STRONG cryptocurrency and it doesn't have so confident position on the market. Only that's why I don't believe in Ripple, there are a lot of more promising alts.
newbie
Activity: 308
Merit: 0
July 24, 2018, 12:12:56 PM
#47
It is obviously not the name of a currency, rather it is the name of a crypto currencies company. This is exactly what happens when people fails to read the entire context and get things mixed up like this. Ripple is actually doing quite good for a new company if you look it up.
member
Activity: 546
Merit: 13
July 24, 2018, 05:20:08 AM
#46
Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/
I agree that XRP is not a cryptocurrency and it is more like a digital fiat currency. Ripple which is the company who created it made all of the supply pre-mined meaning it is not mine able and controls the issue of new supply that will be added to circulation every month, although it uses blockchain technology, cryptocurrency should also be a decentralized currency and Ripple failed to do that. Too bad for Ripple long term investors the price went down because of this. If SEC will skip Ripple from the regulation then expect continues drop in price.
Agree with your opinion. But why the digital fiat currency are placed and 3rd place of crypto? I think it is not right, and in future ripple will lose its value.
jr. member
Activity: 322
Merit: 1
July 24, 2018, 05:17:58 AM
#45
Quite a funny statement, but recently it does not surprise me ... Is there anyone who really believed that Ripple is not crypto currency???
member
Activity: 462
Merit: 10
July 24, 2018, 05:03:34 AM
#44
I do not listen to the opinions of experts, for me ripple is a full-fledged promising coin. Now Ripple like the whole market could not resist with a massive drop, so it's not surprising that its price is now low. But in general, this is a promising coin, despite the negative news
newbie
Activity: 56
Merit: 0
July 24, 2018, 04:39:45 AM
#43
Articles like these has been trying to manipulate the market, there's very little truth to what the headline suggests. However, it cannot change the fact that there's still potential left in XRP. It will bounce back sooner or later.
newbie
Activity: 168
Merit: 0
July 24, 2018, 01:58:47 AM
#42
Yah I have also heard the news. Ripple is a digital fiat money. It is not a cryptocurrency. It was a trending news yesterday. Ripple didn’t look good me though.
full member
Activity: 490
Merit: 106
July 23, 2018, 07:56:33 PM
#41
Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/
I agree that XRP is not a cryptocurrency and it is more like a digital fiat currency. Ripple which is the company who created it made all of the supply pre-mined meaning it is not mine able and controls the issue of new supply that will be added to circulation every month, although it uses blockchain technology, cryptocurrency should also be a decentralized currency and Ripple failed to do that. Too bad for Ripple long term investors the price went down because of this. If SEC will skip Ripple from the regulation then expect continues drop in price.
full member
Activity: 380
Merit: 100
July 23, 2018, 06:36:29 PM
#40
According to me, ripple is not a real coin. In my opinion, a coin can be a real coin if it is a decentralized coin. But ripple has not this feature and this situation is not giving trust to me. I think it can not liked by the real traders in the markets.
newbie
Activity: 154
Merit: 0
July 23, 2018, 05:04:59 PM
#39
Ripple coin is a name that is very much mentioned in the beginning of 2017. The ripple is one of the crypto ripple concentrators that focus on providing Blockchain computing technology to banks with global trading needs.
hero member
Activity: 688
Merit: 500
July 23, 2018, 04:53:32 PM
#38
Mining is the processing of transactions in the digital currency system, in which the records of current bitcoin transactions, known as a block, are added to the record of past transactions, known as the blockchain.

Ripple’s setup has no miners, as all 100billion coins were created when the network launched in 2012. The creators kept 20bn for themselves and gave the rest to the company in charge of Ripple, called Ripple Labs.
jr. member
Activity: 260
Merit: 1
July 23, 2018, 04:53:00 PM
#37
There's a notable difference between digital currencies like bitcoin and ripple's XRP tokens. Bitcoin is the actual currency being traded and used, whereas XRP tokens are essentially backed by traditional currencies, as if they're dollars or yen in another form.

While bitcoin and most other cryptocurrencies like Ethereum exist for the simple purpose of existing as digital money, ripple was born as a solution to the global problem of transferring money from one country to another. It can take days to do this. As Ripple Labs CEO Brad Garlinghouse likes to say, the fastest way to transfer money from the U.S. to London is to get on plane and fly it over there (presumably as a carry-on).
hero member
Activity: 3066
Merit: 629
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July 23, 2018, 04:44:56 PM
#36
That's true, Ripple isn't really a cryptocurrency.

It's only riding the popularity of crypto's to start its own business through entire adoption of different bankers.

I have heard many of negative reviews on Ripple last days, but what I can say that you are still able to earn money from investing in it, so in my humble opinion you should not be concerned so much about ripple being a currency or not.
Yes you are earning money from investing on it but it's different if you are a real crypto supporter, you won't support a centralized coin.
full member
Activity: 336
Merit: 100
July 23, 2018, 04:29:03 PM
#35
Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/
I have heard many of negative reviews on Ripple last days, but what I can say that you are still able to earn money from investing in it, so in my humble opinion you should not be concerned so much about ripple being a currency or not.
newbie
Activity: 140
Merit: 0
July 23, 2018, 04:17:21 PM
#34
ripple as far as i know is a centralized platform and most people don't regard it as a decentralized and blockchain project. I have some ripple but i am not holding it for a long term.
jr. member
Activity: 518
Merit: 3
July 23, 2018, 04:01:41 PM
#33
Although, ripple operates a s a centralized coin, which is contrary to one of the rules of crypto. There have also been lots of controversies on this, but one thing i know is that, it is based on individual's choice and perception. Most investors are only concerned about the profit they would make, and not the nature of that coin.
jr. member
Activity: 336
Merit: 1
July 23, 2018, 01:40:44 PM
#32
Who told you such nonsense? it is still so cryptocurrency and and very strong, I think so in 2020, it will cost money standards, as exchanges between banks, and in General the sector of banks wants to tie
full member
Activity: 453
Merit: 100
July 23, 2018, 01:36:41 PM
#31
Yes XRP is not cryptocurrency and it's not decentralized either, because it's not a cryptocurrency, so they can print many more out of thin air. To answer some of you, some negative stuff on media about ripple? I mean no shit,  even using xrp is cancer. I finded it hard for using their wallet/coin or whatever it is. Not to mention media that teach people how to buy ripple very high and sell it very low, mmm, nice tv reporting very much.
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