investor want to make profit so they buy and hope it would pump. we have many reasons why we have here and one is to earn and profit. they see ripple go up so they go with it.
Topic: Why are people buying Ripple? - page 7. (Read 2128 times)
For me I think ripple is full of hype. It is a coin people hear alot about through media seeing it grow through its share of the market cap. People who got in early are set to make good profit from it and with its growth people are buying into it.
XRP is a good coin though but you really have to be more careful because its centralized coin. People are just want to take profit easily that is why trading with XRP is good for them. The transaction fees are lower compared to bitcoin and I think social media gives big impact on the price of this coin, but if you hold much XRP then you must watch its price from time to time.
I would vote for your 3 option, but I'll add media. I believe many people got into crypto because of Ripple. As it's supported by bank, many people in what bankers do and invest in.
Previously the price is rising in the supply as the demand for low-cost people is taken for future investment
Everybody wants to make money on the pump and Ripple has the 2nd rating in the world, and it is a project of the banking sector that provides the best services to its associated bank around the world.
For me I think ripple is full of hype. It is a coin people hear alot about through media seeing it grow through its share of the market cap. People who got in early are set to make good profit from it and with its growth people are buying into it.
Ripple strongly pampanuli due to the fact that many banks began to use this coin as transactions between banks. But, the fact that this coin has grown, can hamper its development. Transactions can become very expensive.
This coin has shown very good results over the past few weeks. All people began to talk about this coin when its price multiplied several times. I guess now people are buying a ripple in order to get even more profit in the future.
XRP is a good choice. i got X3 with my first 1000$ 
I bought it because I believed that it would bring me a profit. It all happened.
All alt-coins are profitable, If you have capital then everything works according to your plans, People are buying not only ripple, there are plenty of those who seems have much potential to grow, Like Iota,Monero, Dash, and Etherium, Investments are really good as long you earn a good profit from it.
As i know Ripple is a cross-border payment system used by banks to transfer funds/money at a fast speed but with low charge across any country around the world and it is centralized. Imagine a digital currency that is backed by big banks globally and i think that's the reason why its market cap has skyrocketed that lead to the dethronement of ETC as a long time alt with the next biggest market cap in the cryptoworld.
- 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.
Because there are some news and articlesbthat are saying that ripple is going to be a very successful altcoins these year and they have seen us the groeth of them within the last year. We all know the power of the social media they believe in it because everybody wants to gain money but they didnt know that the ripple are just continuing to grow because they are paying a lot of attention in them. They are buying he products so the overll market value will also rise up and yhe people think it is because of the success. Yes somehow but the real reason is because of us the investors
There is an opinion that Ripple is a product that operates under the control of bankers, whose task is to get the largest share of the crypto currency market. In addition, Ripple provides an opportunity for cheap transactions, which is especially significant against the backdrop of the huge commissions Bitcoin.
- 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.
Generally by looking at the price history, their has been a constant increase over the past weeks in most alternate coins in the market. Last week when the price of bitcoins fell down to ~$13,500, the prices of other altcoins increased by at least a considerable margin. Not to mention, the hype of some people built-up the crowd for a potential pump and dump scheme.
Another reason is that, some investors would ideally diversify their investments into some other coins and not relying into bitcoin alone. With this, they decrease their chances of losing everything and increase the possibility of them earning more in the future.
- 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.
Bitcoin is forked by many team , but XRP has only one team , so it is possible that XRP will take place of BTC one day .
ripple have good potential in the future its will grow ups again. more investors holding in ripple They are buying to make profit and ripple top coins in market cap
The surge of demand for ripple caused it to become the number two cryptocurrency in market capitalization overtaking ethereum. It is said to be highly favored by the banks and the reason behind its current surge in price. When ripple prices rose continously, it attracts many buyers and traders especially those who want to take profit while the surge is ongoing.
The reason behind ripple market is that some major banks have started to use ripple in their banking system and banks will prefer to accept centralized currency ever if their potential ability in coin. Ripple helps a lot to make inter-banking super fast, not only bankers but outsiders would also be able to take benefits from trading ripple coin.
Ripple is currently leading altcoins in market cap..
Ripple is currently leading altcoins in market cap..
japan/korean banks are testing xrp right now. mexico bank is using xrp. arrington capital is using xrp. many more to come. don't miss the train. ripple will overtake bitcoin this year.
Google SWIFT Blockchain and you will see the protocol that will become the banking standard.
Jump to: