Topic: Why are people buying Ripple? - page 13. (Read 2128 times)

History is littered with pyramid / ponzi schemes.
The perversion of the world of Altcoin is a perfect example.
Few if any of these people are aware of past scams.
MLM's and various other schemes were huge far before this crap came along.
Whats sad and stupid is the idiots here don't know and don't care even when they are told their ponzi pushers.
They simply count their money and say hey, i got cash so it can't be bad.
WRONG.
Idiots in crypto are oblivious to the fact that Bitcoin was created precisely to avoid scammy garbage just like Ripple.
And buying XRP coins for BTC profit is the same as SUPPORT.

"Crypto" is dead.
It's a joke.
It's a shell of what it once was no matter how many more people show up pushing BTC higher in FIAT price.
The whole who cares buy anything to get more profits attitude killed it dead.
There is no going back once the greedy bottle was opened.

Crypto proved nothing more than the undesirables will flock in taking it over.
People started this over ideology and that was shot and pissed on to further support for shit coins.. and FIAT.

The question being answered on this topic here shouldn't be why is the price high..
The question i am wondering is why the fuck would you all care ?
If it's bad then it should die.. but it doesn't does it ?
You all line up to bad mouth it.. then tell us all how much money you made off it.

Because people doesnt care what will happen in the future?we all need to get more BTC thats why i am joining the hype.

Ripple is a good banking related coin and many global banks using its technology for transactions and now its comes at number two at coinmarketcap and catching new investors eyes and they are buying it for future earnings.

Peoples are buying Ripple because this is a banking sector coin and now the top second leader of coin market cap, which is a land mark for this coin.

Agreed. So how the world goes, the same situation are happening at the real market of shares and stakes. It's always about a hype nowadays and it's sad.

I completely agree with you here. I feel that Ripple has a lot of potential and I knew that it would grow over time, but I never expected that it would skyrocket in this manner which is a clear sign of a pump and dump in my opinion. I think ripple will get dumped like crazy once 2018 arrives and I think that this is the time to cash in on the profits before it is too late since it is bound for a correction. I think that it will stabilize in the 1.5$ range in January 2018.

Because it's hype "Ripple are growing, let's buy it!". At least a half of trades in cryptoworld are made for this reasons: somebody start screaming and the herd is bringing their money to the traders.

Haha well someone's low is always someone else's high. But it definitely isn't my low

Ripple @ 2USD is not a "Buy Low" I sold mine weeks ago, that was low ;-)

They are buying to make profit I would imagine, buy low sell high then on to the next to make some quick profit.

Since these coins are promising for the time when compared to other coins, that's the main reason I choose ripple. But if the future later nothing better could be will switch to the other.

people are buying ripple! not because they hate or love the banks, people are just getting into the hype of the alt, ripple is all over the social media and trading market and keep rising they bought ripple to hold it for a while and trying to gain some profit on it. this is not about what you love and what you want, this is all about gaining money!

I think the coins has been controlled by some very big whales, and they can pump the price to be very high and sell their coins step by step, so I think the potential of the ripple is limited, it is better to buy some other potential coins.

Yes the price boost to the moon this day the reason why ripple hit that price is because of demand in thw market and the news about ripple potential are spread in the whole crypto world they surpass ethereum and became the no. 2 altcoin in coinmarketcap.
When you regret to buy ripple at the low price then I suggest to wait until the price dump and buy more ripple. After 2 years this ripple hit the all time high price and Im sure theres a big whale who put their fund to ripple.

Wow, a lot of really interesting POVs, a lot of good observations.  As a noob I'm amazed at how so many cryptos boomed in December, think it was because of exposure to the wider world by bitcoin exploding in value. Why Ripple has exploded even more I think is the bandwagon effect as it skyrockets along with the cheap price, relatively speaking.

 Even if it isn't, 500 ripple coins seem like a lot more than part of one bitcoin and with it going up 65% today, blowing by Ethereum and firmly establishing itself into 2nd place who knows how high this one's going to go before it pops.

What sucks about Ripple from my POV is that from what I've been able to read it's a totally centralized system, controlled by a bank or banks and they can do whatever they want with it, all of which is anathema to the things I love about crypto.

The criticism leveled against Ripple Coin / Ripple inc. since it's inception many years ago continues to be ignored because the vast overwhelming majority in crypto have no use what so ever for any form of ideology.

They all came here to make money (real money) off anything paying out.
And when Ripple deliberately dumps more coins out to jump the CoinmarketCap standings it makes the scammy assholes peckers hard.

If give a baby aids rape a grandma coin came out and it was paying out moon ROI'z it would be popular.
People here are scammy pieces of shit.. hell bent on driving crypto into the dart as hard and as fast as they can.
They know it but don't care.
And will simply milk it for anything they can until the last second when it collapse.

I watched the SCRYPT cloning craze take hold of the scene years ago and people lined up to defend it all.
Back then Coindesk ran a news story saying "The more coins the better"

Swap SCRYPT with ICO and it's the same crap all over again.
Except the idiot noobs here now.. have no idea that we had a massive recession where coin prices simply kept dropping.
They are piling in here fast and hard thinking it's all up.

Nope.  

What does this mean? What are communal currencies and who are the imprisoned souls?

because Ripple is slowly breaking through the coin ethereum, so naturally everyone is starting to invest in coin Ripple because in the future the price will keep increasing

same thoughts... it was one of the big coins with a lower market cap, so for a newbie "potential for moon"... I want that what others had. Ripple sounds good and such a low price.... same with litecoin (but its not a shitcoin like ripple)