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Topic: Ripple (XRP) is a shame to the crypto-community. (Read 2116 times)

member
Activity: 462
Merit: 10
Crypto is now about speculations and easy money and ripple is the best example
hero member
Activity: 1540
Merit: 744
It's getting way too much attention for how shady it is.

You people do know it was created by banksters right?

You do realize, it's one of the most responsibly manipulated assets in the crypto scene right?

You people realize we are trying to get away from banksters influence, right?

Or are you all so drawn in by easy money, you disregard your morals and values?

Disgusting.
People won't care providing that they can make money off it, a ton of scam coins keep popping up every day. Ripple instead, is a well-built coin which has purpose and potential.
Yes, it may be bank-driven but that doesn't change the fact that it's currently one of the most trending Cryptocurrencies.
jr. member
Activity: 154
Merit: 1
The Next Generation Distributed Smart Network
Rather than showing emotions can you ripple haters why is it a shame. if money transfer can be that quick and cheap aren't the people the ultimate beneficiaries? I wonder what makes folks angry
member
Activity: 1064
Merit: 22
Even when you inform us (the community) governments are being fooled into signing contacts with them. Only when the Altcoin bubble bubble burst then governments and banks will realize their mistake. cryptos must use the decntralization model to be successful
member
Activity: 210
Merit: 10
The Experience Layer of the Decentralized Internet
I never invest XRP this coin, because it is centralized, It's not decentralized,and it is different from cryptocurrency, so I don't bullish on the XRP, even if no matter how high the price of it, I don't want to invest.
member
Activity: 196
Merit: 10
The Premier Digital Asset Management Ecosystem
I'll have to wait a long time for the moon! Since very recently it was already growing strongly, now we must fall back to the bottom, only after that we can fly to the moon again!
sr. member
Activity: 476
Merit: 250
Ripple is one of the coins whose supply is being controlled by the makers of it. By controlling the supply they are able to hype its price. Since there is very less supply of coins they are able to increase its price to astronomical values.

That could be lead another bull run anytime in 2018. XRP holders must store patiently and keep buying until Ripple is heading to the moon.
full member
Activity: 546
Merit: 100
Ripple is one of the coins whose supply is being controlled by the makers of it. By controlling the supply they are able to hype its price. Since there is very less supply of coins they are able to increase its price to astronomical values.
jr. member
Activity: 448
Merit: 1
a lot of people said that the Ripple project is of a very strange origin and most of the tokens are stored by the developers, but it did not bother anyone, and they still took these tokens, and eventually everything was blown away.
sr. member
Activity: 751
Merit: 251
For sure it is not the best coin but if you can earn some money for investing in it. Why not? It is only one coin which can not change a world, if you bouy some for get profit it will not end the world
sr. member
Activity: 1099
Merit: 267
Top uninformed Smiley ^
full member
Activity: 453
Merit: 100
Crypto is about trying to get rid of the centralized banking parasites
The Ripple Inc operated centralized database if even worse than the bankers, it is out-ride dangerous.

Ripple Inc holds 61.3 billion XRP,
Chris Larsen holds 6.7 billion XRP as well as a 17% stake in the company (17% = 10.4 B XRP, total personal 17.1 Billion XRP)
CEO Brad Garlinghouse, who owns a 6.3% stake (3.8 Billion XRP) in the company and owns additional XRP tokens
Jeb McCaleb  has 5.3 billion XRP (used to be 9 Billion XRP) and no Ripple Inc company shares (presumably, and 1 Billion Lumens)
Three Quarter of all XRP in the Hands of 4 entities.

Only Earths low-lifes would support enslavement features.
Ripple Labs can freeze any XRP account or stop the entire network (No-one can stop a blockchain, Ripple Inc can shut down there database at anytime).

Anyone failing to adhere to standards and principles is no different to the street corner hooker going arse to mouth, saying "I only do it for the money".

Bitcoin stands for financial freedom, XRP is the opposite.



I don`t mind if a big company holds their majority of shares inside that  company.

Agreed.  I rather see the company hold majority of the coin because they have financial incentives that xrp does well,  compared to a early bitcoin adopter pumping and dumping xrp all day long

Yes you agree, but when people will choose and also  got smarter, maybe you'll lost everything what you had in ripple, because, whoever has 50% under control can easily manipulate with the price in his own benefit, or like tether, where they are making more and more tether out of air... price control 101.

All most every currency on crypto market cap that are are/is telling us it's decentralized, or even worse, media is telling us it's decentralized, when they don't have a clue what they are talking about, but decentralized and centralized are two different words if one man or a company has over 50% of coins, that it's a bank and not a decentralized currency. XRP is strieving towards decentralization? What's the problem to have a few more, possobly hidden wallets on other names to store other XRP they don't want to show
jr. member
Activity: 84
Merit: 4
Cryptocurrency Wallet - Denaro.io
Oh come on, at least 50% of coins are made for speculation (some guys tells the percents are about 80, not 50). We all know that and can do nothing with that situation. It's not the Ripple problem, it's whole community problem.
sr. member
Activity: 1099
Merit: 267
I had a bad experience with this currency and I am sure that I will never contact it again.At least I'll try my best to do it.
How was that experience?
JDS:  Hello this is JDS. Plese pump Coin.
Ripple: no response


JDS: i had a bad experience. I will never contact it again.

WTFFF lmaooo
sr. member
Activity: 414
Merit: 250
I had a bad experience with this currency and I am sure that I will never contact it again.At least I'll try my best to do it.
newbie
Activity: 154
Merit: 0
Ya Shame on Founder of ripple He was held lots of ripple coin and when it growing Up and Up He sells his all rille coins so Shame on Ripple Co & founder.
newbie
Activity: 39
Merit: 0
Ripple belongs to banks not to people(((
full member
Activity: 846
Merit: 115
Crypto is about trying to get rid of the centralized banking parasites
The Ripple Inc operated centralized database if even worse than the bankers, it is out-ride dangerous.

Ripple Inc holds 61.3 billion XRP,
Chris Larsen holds 6.7 billion XRP as well as a 17% stake in the company (17% = 10.4 B XRP, total personal 17.1 Billion XRP)
CEO Brad Garlinghouse, who owns a 6.3% stake (3.8 Billion XRP) in the company and owns additional XRP tokens
Jeb McCaleb  has 5.3 billion XRP (used to be 9 Billion XRP) and no Ripple Inc company shares (presumably, and 1 Billion Lumens)
Three Quarter of all XRP in the Hands of 4 entities.

Only Earths low-lifes would support enslavement features.
Ripple Labs can freeze any XRP account or stop the entire network (No-one can stop a blockchain, Ripple Inc can shut down there database at anytime).

Anyone failing to adhere to standards and principles is no different to the street corner hooker going arse to mouth, saying "I only do it for the money".

Bitcoin stands for financial freedom, XRP is the opposite.



I don`t mind if a big company holds their majority of shares inside that  company.

Agreed.  I rather see the company hold majority of the coin because they have financial incentives that xrp does well,  compared to a early bitcoin adopter pumping and dumping xrp all day long
member
Activity: 686
Merit: 11
For me, I cannot refer  to Xrp as being a disgrace or shame. Why would anyone call the no 3 coin on CMC as failure. The fact that the coin never appreciate as much as people would want doesn't mean its a shit or scam. Even year 2018 has been predicted for Xrp boomeranging. Let us all hold our peace as we watch the dramas of the market. I am optimistic that the coin will turn out good even before the year runs out.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
https://ripple.com/insights/continued-decentralization-xrp-ledger-consensus-protocol/

Maintaining our momentum towards further decentralization is critical for XRP Ledger to reach its full potential. We’re proud of how far we’ve come, being the only public blockchain that has experienced no reversed transactions, no censorship and no major operational issues for over five years





https://arxiv.org/abs/1802.07240

We present Cobalt, a novel atomic broadcast algorithm that works in networks with non-uniform trust and no global agreement on participants, and is probabilistically guaranteed to make forward progress even in the presence of maximal faults and arbitrary asynchrony. The exact properties that Cobalt satisfies makes it particularly applicable to designing an efficient decentralized "voting network" that allows a public, open-entry group of nodes to agree on changes to some shared set of rules in a fair and consistent manner while tolerating some trusted nodes and arbitrarily many untrusted nodes behaving maliciously. We also define a new set of properties which must be satisfied by any safe decentralized governance algorithm, and all of which Cobalt satisfies.



Boys can now dig deep into 50 pages of decentralization before puking their "rIpPlE iS cEnTrAliZeD"

Nice to know about this .there has been so much hate about ripple everywhere causing FUD .I am an early investor in ripple just because of their real world usage .I hope more banks start adapting xRapid and the company decentralize it
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