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Topic: What do you think about the cryptocurrrency Ripple?? - page 2. (Read 497 times)

full member
Activity: 294
Merit: 100
I unbelievably regret that did not buy it immediately and terribly jealous of those who risked and invested.This wild growth is really very rare and difficult to predict
newbie
Activity: 6
Merit: 0
bitcoin can be said to be overvalued.
but it has s solved a lot of problems online retailers experience with payment gateways,
its safer and with wide adoption its price has will likely exceed 100k
newbie
Activity: 12
Merit: 0
You really have nothing to lose if you invest in Ripple other than your initial investment...i.e., don't go crazy and invest more than you can afford to lose. Everyone talks about dot.com bubble but for every 10 stocks that crashed, a couple made it to crazy numbers...$100 in Amazon stock in 1997 is now valued at $49,000. HODL my friends.

Everything can happen in cryptocurrency market! It can take your everything off and also can bring to you a crazy dream to be rich
newbie
Activity: 5
Merit: 0
In my opinion, Ripple is one of the promising crypto in the crypto area.
Lots of international banks and other huge companies implement Ripple technology.
Although there is an opinion that the Ripple is a creation of the international banking elite so...it's not "truly true" crypto.
Anyway I'll sell smart part of my Ripple only at $3-$5.
member
Activity: 476
Merit: 10
You really have nothing to lose if you invest in Ripple other than your initial investment...i.e., don't go crazy and invest more than you can afford to lose. Everyone talks about dot.com bubble but for every 10 stocks that crashed, a couple made it to crazy numbers...$100 in Amazon stock in 1997 is now valued at $49,000. HODL my friends.
newbie
Activity: 13
Merit: 0
Thanks for sharing your thoughts with us. I don't think it's overvalued because to me it has a good potential of growth because of its mission and purpose:
the ability of making global transactions much more faster and cheaper.  Smiley

Wasn't that one of the purposes of Bitcoin? Cheesy I know XRP is faster and cheaper, but if we are comparing the "mission and purpose" it's very similar.
The main difference is that XRP is really faster, but it's also not meant to be a currency, rather a fast payment system that can improve the existing banking sector, while BTC doesn't aim to help the banking sector. It's meant to show people they can do without  banking.

Fun fact: Do you know that there's 100 billion XRP and half of it in the hands of the creators? The centralization and and dev greed gauges are off the scale with this one.

I totally agree with you! Most investors all doubt about how they can own and control Ripple. I see its price in stock market is more around 1USD, may this thing tells all everything
newbie
Activity: 5
Merit: 0
I believe that Ripple is a good application of blockchain technology because:
  • it has a purpose - speed up bank transfers
  • since launched, the number of banks using it is growing
  • it has some form of "regulation" - having received the BitLicense from NY State
  • the number of validators keep growing, granting a reduced vulnerability of the system

Though, the system is not decentralised (as for Bitcoin and Ethereum) and this can have some implication, but it requires much lower time to process a transaction and it consumes far less power, making it more efficient.

Virtual currency is a highly speculative market where in the last 3 month we saw XRP going from 0.22 USD (t1) to 3.70 USD (t2) and now back to 1.19 USD (t3), so:
  • t1-t2 period +1,500%
  • t2-t3 period -300%
  • t1-t3 period +580%
 

I believe that none of these changes is related to any concrete logic. I mean, the price has not increased or decreased due to significant news related to Ripple itself. So, my suggestion would be to probably hold some of them till next speculation boom.

Cheers,  Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
Thanks for sharing your thoughts with us. I don't think it's overvalued because to me it has a good potential of growth because of its mission and purpose:
the ability of making global transactions much more faster and cheaper.  Smiley

Wasn't that one of the purposes of Bitcoin? Cheesy I know XRP is faster and cheaper, but if we are comparing the "mission and purpose" it's very similar.
The main difference is that XRP is really faster, but it's also not meant to be a currency, rather a fast payment system that can improve the existing banking sector, while BTC doesn't aim to help the banking sector. It's meant to show people they can do without  banking.

Fun fact: Do you know that there's 100 billion XRP and half of it in the hands of the creators? The centralization and and dev greed gauges are off the scale with this one.
jr. member
Activity: 186
Merit: 4
Ripple is good for investing because many banks support it ) But it not a decentraliazed, so ... if you are investor and want just to earn buy it and keep, if you like free, the idea of blockchain, bitcoin- dont buy it )
newbie
Activity: 27
Merit: 1
I don't believe in Ripple, cause its not a cryptocurrency, Ripple is centralized, and main holder of Ripple founders and friends of founders)))
newbie
Activity: 75
Merit: 0
Should be very careful buying Ripple, I have always lost when buying. It works with bank, little bit different with crypto technology, its growth is very less. 

I don't understand how you have lost when bought Ripple?? You lost because you are tricked by seller or Ripple coin itself
newbie
Activity: 280
Merit: 0
Ripple will grow like company, But I like ripple
jr. member
Activity: 518
Merit: 1
Should be very careful buying Ripple, I have always lost when buying. It works with bank, little bit different with crypto technology, its growth is very less. 
newbie
Activity: 32
Merit: 0
I think Ripple has a good technology that's why a lot of banks are acquiring it. But do not forget the mission of Bitcoin and the power of decentralization.
newbie
Activity: 191
Merit: 0
Thanks for sharing your thoughts with us. I don't think it's overvalued because to me it has a good potential of growth because of its mission and purpose:

the ability of making global transactions much more faster and cheaper.  Smiley

I think we will experience the growth of this in the upcoming days!  Wink That's how I feel about it.

I agree with you, because of its mission and purpose that will solve bank issues in the future, that's why investors are interested and invest much on it
newbie
Activity: 191
Merit: 0
I think Ripple is a trap made by banks to gain the Crypto-currency market control over Bitcoin. So seriously I don't like that coin dear.  Undecided

Your opinion also is an other side about it. However, I see that Ripple is working very well about advertisement and develope community of them
newbie
Activity: 191
Merit: 0
legendary
Activity: 1876
Merit: 1000
newbie
Activity: 66
Merit: 0
I think Ripple is a trap made by banks to gain the Crypto-currency market control over Bitcoin. So seriously I don't like that coin dear.  Undecided
newbie
Activity: 191
Merit: 0
Thanks for sharing your thoughts with us. I don't think it's overvalued because to me it has a good potential of growth because of its mission and purpose:

the ability of making global transactions much more faster and cheaper.  Smiley

I think we will experience the growth of this in the upcoming days!  Wink That's how I feel about it.

thanks for your opinion
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