Topic: Why are people buying Ripple? - page 6. (Read 2117 times)
Well everyone trust banks so why wouldnt they invest but besides ripple its high now and its a good time to invest tho will see in the future whats gonna happen. Even banks are using it now. Seems strange. They joined our game.
A lot of new people just joined to cryptocurrency and when they see something is increasing they start to buy this kind of coins, new investitors helped Ripple pump very much.
Yes, it is the main reason why the people bought ripple in my personal opinions due to if i see the function of ripple to be used for currency in the banks, it is still the plan for the future i don't see all of the banks mass addoption ripple in their business especially in remittance of the banks, due to the price of ripple rised and there is chance to getting profit instantly so many people bought them and we can see right now the price of ripple started down trend again.
Your third reason is the answer i think. In the other hand people choose Ripple because of it is easy to use and do trade. Another reason for your question is maybe they are usin it for easy and cheaper transactions.
I think that the main reason people are buying Ripple is desire for profit. Ripple is popular now. Best time for speculations and a lot of people are ready to risk trying to make profit.
why has it dropped so hard today, -31%?
Ripple is a fully functioning company and one of the longest established players in the cryptocurrency space. I like it 
the connections with the banking & financial industry, hence it is surely going to be profitable to invest in Ripple (XRP).
I think this is the major reason why people are rushing to buy ripple.
It's amazing, how some people think it's acceptable that the Ripple comapany still holds 60% of all XRP..
Also the founders still have at least 10% on top of that!
Also the founders still have at least 10% on top of that!
Its hype has ended,this is good new for all of us bankers wont be dominating our market.
The reason is that, Ripple is no uncertainty an awesome speculation for the long haul run, it has an extraordinary future in view of its great supply and the highlights of Ripple are by one means or another appealing for the financial specialists to make their extensive venture for the future since it is still underestimated and reasonable. Ripple is likewise featured on the considerable trades and its being acknowledged by some bank.
Because it makes them profit
For speculating
Cause it rising
Cause it may work with banks
Cause it's popular
For speculating
Cause it rising
Cause it may work with banks
Cause it's popular
A lot of new people just joined to cryptocurrency and when they see something is increasing they start to buy this kind of coins, new investitors helped Ripple pump very much.
People are buying ripple because it is going up and they have no clue what they are buying. I talked to a ripple buyer at length and they couldn't explain a single thing about ripple or why it would continue to rise in price. The crazy thing is I could say the same thing about Bitcoin.
Because ripple has the features required for a cryptocurrency to make it big. Big market cap, good technology, best ROI, and financial institution support like Banks. Not to mention positive reviews from cryptocurrency agencies.
Basically people bought a ripple to make money on it, people who really believe in this coin, very faw
I really hope that you are right and that it will dump to oblivion.
Already dumped all my XRP.
A centralized coin does not belong on Nr.2 Mcap.
Even BCash was closer to Satoshis vision than Ripple.
One of the biggest reasons I think is the price. The new people which just came to crypto doesn't look the supply. They only look price. And the second one is XRP is less risky because banks and governments most probably will love xrp more than decentralized ones
Basically people bought a ripple to make money on it, people who really believe in this coin, very faw
The major reason people buy XRP has been answered by you at OP. Because XRP is used by banks, they patronize it, cause they trust the banks. And another is the low transaction fee. Because of its centralized nature, I don't look at it much.
I think this coin has worth and people beleive in its pump. Every coin has a worth when it has huge number of demand. The supply should be limited while and this coin has been in demand since last few months.
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