Topic: Ripple XRP is a complete fraud GET OUT! - page 23. (Read 65495 times)

By owning XRP you dont own a share in company that is ripple.You need to understand the difference and read as much as possible and available information of coin you are investing.

Do you see an increase of 1200% per year in transaction costs on the XRP ?
Does it burn 6 million dollars a day in electricity?
Are people amused of waiting for a transfer?

BTC can't be used to still peoples need for crypto transactions. A different blockchain will take over. A chain that can handle transactions and do it fast and cheap.

Actually I still do not understand what you are talking about. If you want to invest in shares in a company, you are in the wrong place.

Please explain what you mean by 'I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and I very likely may get screwed while they get successful.'

As long its centralized then supply can really be extent on what they want .I dont know whats the meaning of the things that being said by op down with me and rise with me.He must assuming that he can anytime guess and go with the flow of a certain altcoin he does engage and if hes saying about XRP is fraud then it doesnt matter at all on those person who do engage with it.It may not give him some money but for others it does.

Ripple also have a lot of corporate backing. Of course they are centralized and can extend the supply quite a lot, but ETH and it's whales are not a bit better. So forget that "will go down with me and rise with me" silliness if you want to deal with alts. Any coin can be successful while you losing your life savings if you bought into it in the wrong time.

http://fortune.com/2017/02/28/ethereum-jpmorgan-microsoft-alliance/


JP Morgan has been working relatively under the sheets for awhile on Quorum went around taste testing and now is ready to make its own

"Thirty big banks, tech giants, and other organizations—including J.P. Morgan Chase, Microsoft, and Intel—are uniting to build business-ready versions of the software behind Ethereum, a decentralized computing network based on digital currency."

"The partners will help each other develop the foundations for different use cases, such as post-trade settlement, payments between banks, and supply chain tracking, while competing on applications and services built atop the networks. The top priorities for the alliance now include ensuring scalability and security."


Who wins these guys or Ripple? lol


I did not want to post this because the network they're building it on, it makes it seem like I'm shaming one coin while supporting another, that's not in my agenda.

XRP will be fully functional for what? Are you stupid? It's created for the purpose to be used for banking. You realize if banks don't buy it no one will use the coin. Do you see anyone doing transactions with XRP like they do with BTC? No, people are investing in XRP with hopes that banks will accept it and the value will increase.

"The long-term value of XRP will ultimately be driven by its adoption as a cross border value transfer mechanism. Though XRP has important attributes which make it particularly useful for this use case, these attributes do not ensure full integration with our enterprise software solution. Ultimately, XRP can be successful regardless of Ripple’s success. Either way, we continue to do everything we can to make sure XRP eventually becomes the digital asset standard for international value transfer." Even Ripple states this, no chance if banks reject it.


Ripple is taking no risk while the investors are taking all the risk... don't make me list out the major companies that are coming up to provide the same solutions that Ripple is either. Companies see the potential for profit in the banking scene, even Ripple can easily be overtaken in the near future as big competitors with many real world connections come in. This is a technology race. XRP is going to be rendered useless if banks reject it. There is so much risk in this investment and to know that I'm taking all of it without being fully included in the companies success is ridiculous. Ripple will still find market share for their blockchain technology no matter what even with competition however their XRP is a complete scam. Give the people Ripple/XRP share don't separate it so XRP is funding Ripple then you can just drop off your investors while you're successful but the people who fueled your success are screwed.

Can you give some names of competitors that are coming to the scene. The yesterday pump of XRP is mother of all pumps, alot of bagholders in coming weeks

Yeah, yeah We get it, you bought in too late at the recent bump, got nervous at the dump and sold with losses because you were not cool enough. Now you are mad. Sucks to be you. It was your fault and nobody elses.

Oh Christ. From where these folks like OP coming from? Will be better to avoid that place... maybe this is contagious.

http://www.reactiongifs.com/r/2012/02/ice_cube_wtf_gqvqs30u.gif

You are not making much sense.

XRP is bigger than Ripple the company. The company can go bust, but the XRP will still be fully functional.

When usual banks go bust because they lent out 10 times more money than they had, the ripple network will be fully operational, and no-one can stop anyone from doing transactions with XRP.

It is but as you can see you can earn more bitcoin trading it. Thats why people buy it. I personally wouldn't buy it. There are other opportunities

After this realization I had to give up on Ripple completely, I sold my shares and am out of Ripple, I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and I very likely may get screwed while they get successful. Open your eyes if you're investing in them.... you are investing in their XRP not Ripple as their employee quickly pointed out to me on twitter. Even regarding their block-chain technology big competitors are coming on the scene soon. The main point though is I need a company that will go down with me and rise with me not one that rises no matter what while I fund them and take all the risk. Why can a company I invest in be successful without me being successful as well, how is that even a possiblity!?! I'm out this is a complete scam and fraud it was obviously knowingly created that way.

DO NOT INVEST IN XRP