Why are people buying Ripple? - page 3.

JohnnyCash$

member

Activity: 81

Merit: 10

Quote from: arvind82 on January 14, 2018, 12:03:16 AM

People are buying Ripple because Ripple is a banking sector coin.Now, most of the banks using this coin.people invest in this coin and its price grows.

Er what kind of bullshit are you spreading? Not many banks are using Ripple. They are developing their own blockchain to use.

arvind82

newbie

Activity: 121

Merit: 0

People are buying Ripple because Ripple is a banking sector coin.Now, most of the banks using this coin.people invest in this coin and its price grows.

AgatioX

full member

Activity: 546

Merit: 105

Ripple is a spooky thing.
Bankers came here in Crypto's to control the market.
Just look at price movements!They are following ripple now.Jesus.

rezurect

sr. member

Activity: 686

Merit: 250

People would have done better if they would have bought ripple before the pump instead of after or during.

Beldon

member

Activity: 378

Merit: 10

because of their capital may be small so that they are more ripple corresponding to their capital. but ripple though cheap are also very promising and have a great profit.

Chosenpai

newbie

Activity: 61

Merit: 0

Quote from: colacat1111 on January 13, 2018, 08:51:40 PM

I have heard the ripple is supported by a lot of famous banks, and they are very powerful, as we can see, the price and market cap are very big now.

Yeah correct. In fact, Ripple is owned by a group of banks. They can easily manipulate how the market price would go because they own a lot of percentage of the coin.

colacat1111

full member

Activity: 133

Merit: 103

The Experience Layer of the Decentralized Internet

I have heard the ripple is supported by a lot of famous banks, and they are very powerful, as we can see, the price and market cap are very big now.

moonami

member

Activity: 171

Merit: 37

Quote from: Yusuf214 on January 13, 2018, 04:54:27 PM

Ripple is on the highest peak, it growing up day by day so invest in Ripple will give you unbelievable return.

Yes, I think that is one of main reason why people are buying Ripple; it is becoming a good investment as the value increasing and I think, sooner or later it will give you a good profit or maybe a high profit.

FiveReelsTwo

member

Activity: 140

Merit: 10

People are buying rippple only because for one good reason. The reason is that they think Rippple is a good investment and Ripple they think can multiply their investments in good numbers. What other reasons anyway of why there are investing? It is for the money and for gaining.

Sinistlercoin

member

Activity: 71

Merit: 10

Quote from: ulhaq on December 28, 2017, 11:24:59 AM

Quote from: Coin.Master636 on December 28, 2017, 11:20:02 AM

On the other hand: transaction times are pretty fast and fees are usually pretty low, so it is perfectly usable.

Perfectly usable for what? Is anyone using it for said purpose?

Yes, MoneyGram. And, s anyone using bitcoin for its intended purpose with insanely high transaction fees and slow proccessing times?

broby

newbie

Activity: 1

Merit: 0

I bought some XRP on 05.01. and thinking about exchanging part of it with another altcoin like Game or TRX as a security. Does it make sense?
Thank you very much.

elbimbo012

full member

Activity: 476

Merit: 108

Quote from: Mr.Scott on December 28, 2017, 12:41:46 PM

Ripple is on Fire, massive movement right last couple of days but today's growth is outstanding. Heard that, Ripple is starting to get more main stream news and coverage.

I bought some yesterday @ 2$ when I read in the crypto news that moneygram would used xrp in their online money transfer business for faster, safer and more secure transaction. but looks like it is still in consolidation mode

Yusuf214

newbie

Activity: 74

Merit: 0

Ripple is on the highest peak, it growing up day by day so invest in Ripple will give you unbelievable return.

Cmoh

full member

Activity: 420

Merit: 100

People are buying Ripple for a safe investment. This tendency is driven by mostly the public sector banks and financial institutions of many countries. Like India and China the high population countries are using this so the demand is increasing day by day. Also the fees for this blockchain system is very low as like the Dogecoin. But Doge has not got the time now but expected soon.

Chosenpai

newbie

Activity: 61

Merit: 0

I don't know if ripple has a good concept. Ripple is made for a centralized cryptocurrency managed by bank owners. While the concept of crypto was a decentralized currency. I heard its just being pumped by owners right now.

kensaii

full member

Activity: 396

Merit: 106

People ichy for altcoin to dream about 2x or 5x gain so they willing to place in Ripple.

phelbaby

member

Activity: 434

Merit: 10

They believe it have a good concept,and good supporters and good prospect,but there other crypto with great concept too.

agus_sna

member

Activity: 229

Merit: 10

I think ripple is a bank that has good relations with banks and many global banks so many are using the technology for transactions and now it seems that Ripple is at number two in the money market and catches the eye of new investors and some people buy it for future earnings.
thank you

ABD85

newbie

Activity: 8

Merit: 1

Unhealty speculation i know several people who dont now anything about crypto but for some reason they want to buy XRP.

EMV

member

Activity: 183

Merit: 10

Quote from: ulhaq on December 28, 2017, 11:16:39 AM

it is explicitly (or at least formerly) not considered a currency
it is centralized (the company can freeze accounts if it wants, create more coins, or be sued)
it's major use case is for inter-bank transfers. So if Bank A and Bank B was to exchange currency x for y, they will use XRP in-between. But this gives no value to the currency itself, it is just used as an intermediary. Is it conceivable that Ripple the company will not have enough XRP for these internal bank transfers and they are going to have to buy them back from the public??

So it seems that XRP has no value outside its use by the company Ripple. Is anyone actually using it for commerce or any other reason? It is not considered a store of value like bitcoin (in any case one would want something decentralized.

We are sure that this is a very weighty argument in favor of buying XRP. Now it is considered the most undervalued currency of the four leaders in the cryptography market. In other words, the currency turned out to find application in the real world, but it is still very cheap.

There are several reasons why the cost of XRP is so low. First of all, now the attention of most investors, both large and small, is focused on BTC and ETH - that's why these currencies continue to grow in price.

Topic: Why are people buying Ripple? - page 3. (Read 2128 times)