Topic: Why are people still buying XRP? (Read 2650 times)
Not only XRP but actually ANY centralized Crypto has no potential. All point of crypto lies in decentralization , if its centralized then is worst than USD its only a gift card or even worst than just a gift card. But anyway, this is only just my opinion.
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
maybe one of the current xrp strategies to be able to continue to exist in cryptocurrency, xrp forges with many partnerships and all of this can be used as the best technique. it is proven that today xrp is the prima donna for some investors who like xrp1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
They have been doing that ever since their inception. It was all about partnering up with banks and the goal was never to become a decentralized currency let alone an unregulated one.
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
maybe one of the current xrp strategies to be able to continue to exist in cryptocurrency, xrp forges with many partnerships and all of this can be used as the best technique. it is proven that today xrp is the prima donna for some investors who like xrp 1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
Bad news reflects and after that the value fall but now it's gaining attention again as there are rumors that spreading where Ripple
are getting good news regarding to SEC issue.
Those who believes and continue buying this asset from Last year are now enjoying the success of their investment, if you do have plans
make sure to have good alternatives in case you've got stuck and failed to ride in the right time.
I don't know but I just think buying XRP is a bet on the Ripple infrastructure becoming a core element of centralized banking. Not at all what we like cryptocurrencies for.
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
Bad news reflects and after that the value fall but now it's gaining attention again as there are rumors that spreading where Ripple
are getting good news regarding to SEC issue.
Those who believes and continue buying this asset from Last year are now enjoying the success of their investment, if you do have plans
make sure to have good alternatives in case you've got stuck and failed to ride in the right time.
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
XRP is very well connected in the banking sector and if they leave all the discussions with the SEC behind they are among the best regulated centralized digital currencies out there. May have speculative value, don't know, I don't like it as it is not real cryptocurrency as most of us understand it.
What is the status quo of their issue with the SEC? Is that fully resolved? It can't be, can it? I guess that will consume a lot of time. Still people are betting on a favorable outcome for XRP.
What is the status quo of their issue with the SEC? Is that fully resolved? It can't be, can it? I guess that will consume a lot of time. Still people are betting on a favorable outcome for XRP.
People are buying XRP because of news like this:
https://zycrypto.com/leading-digital-banking-company-novatti-to-leverage-xrp-for-cross-border-payments/
And just between us: In a globalized world, it doesn't necessarily matter what the SEC wants. XRP has a lot of running services and is partnered with a lot of really big banks around the globe. Most of their partners are outside the USA. XRP is the largest provider of lightning fast cross border payments with extremely low fees. The SEC? Who is the SEC ... ?
In addition:
No matter what the SEC decides - ripple will stay as company and they will continue to offer their worldwide services. They will go on with with their partners, will develop new products and they will grow.
https://zycrypto.com/leading-digital-banking-company-novatti-to-leverage-xrp-for-cross-border-payments/
And just between us: In a globalized world, it doesn't necessarily matter what the SEC wants. XRP has a lot of running services and is partnered with a lot of really big banks around the globe. Most of their partners are outside the USA. XRP is the largest provider of lightning fast cross border payments with extremely low fees. The SEC? Who is the SEC ... ?
In addition:
No matter what the SEC decides - ripple will stay as company and they will continue to offer their worldwide services. They will go on with with their partners, will develop new products and they will grow.
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
After looking at today's XRP chart, did you find the answer to your question? XRP is not only strong in the field of development teams and build systems. the most important thing is that XRP is very strong in the area of stimulating investors to buy and hold their XRP.
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp
XRP has a potential
To release 65 billions more coins on gullible hands? Of course, specially with such great promotion teams....
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp
XRP has a potential, however some investors are doubtful because XRP had a case against the SEC, other than that, I think XRP is delivering and fulling the expectation of the investors, hopefully, they'll win the case or if not it will not result to a dump of XRP.
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp
Any update on that SEC ruling mate?
XRP is on a roll now and it seems that it will be having it's ATH soon enough.
I have followed the price of XRP for some time now as this crypto is what i'm using in betting and i'm hesitant at the moment to use this as this might go to $10 in a few months. What do you think?
XRP is on a roll now and it seems that it will be having it's ATH soon enough.
I have followed the price of XRP for some time now as this crypto is what i'm using in betting and i'm hesitant at the moment to use this as this might go to $10 in a few months. What do you think?
During the past few days, XRP had a few legal victories (which is being reflected in the exchange rates). Today Judge Sarah Netburn refused a request from the SEC, to have access to financial data from the XRP promoters (Chris Larsen and Brad Garlinghouse). The judge termed the request from SEC as an "overreach". But this is bad news for decentralized cryptocurrencies such as BTC and ETH. SEC had argued that coins such as ETH doesn't come under the Section 5 of the Securities Act, since no individual promoters benefitted from the ICO. But the judge has rejected this argument. And this can create issues for real cryptocurrencies such as BTC in the future.
Thanks for this information mate. With above info i think this XRP bull run might be temporary as we don't know what would be inside the judge's mind in the coming days/months. She might heed the request of the SEC thus affecting the trade value of XRP in the future.
You maybe right that this is bad for decentralized cryptos like BTC and ETH but there's a long standing argument that Ripple is a centralized cryptocurrency, that maybe the reason why the judge rejected SEC's request.
The hype is so high because of winning against SEC. No wonder the price keep rising and i think most of the traders just wanna get easy money to following this pattern.
My prediction, the price of xrp can be reach more than 3$ in the next month.
My prediction, the price of xrp can be reach more than 3$ in the next month.
Well I asked one of my colleagues that was an investor of XRP and he said the reason why he bought that before is because of the low price. Many many people who do not know complex information about cryptocurrency trading simply got into the crypto because of the cheap price. Also the marketing campaigns that were initiated in social media really got many people to get XRP. And many got fooled. They will eventually be losing money, as what happened when XRP crashed before.
We don't know for sure why people still buy XRP and the price can be quick this time. This makes many people also
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.
And after few months, XRP market bounces back.
People holding this coin have high hopes now that they have heard good news from their SEC battle.
I hope they can surpass this challenge. I participated in SPARK token airdrop last year for all XRP holders, so hopefully, it will push thru.
People are buying because they are seeing that xrp team seems to be a strong one to continue its battle with SEC.
If they have no sufficient resources, I guess, they already give up this battle.
We don't know for sure why people still buy XRP and the price can be quick this time. This makes many people also
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.
It has been 3 months since OP post and the situation goes against your opinion. XRP maybe has some disqualification to you but to others, it is more potential than any other coin, even bitcoin, I suppose. With a giant lawsuit, XRP enthusiats have a good chance to buy bunch of cheap coins without having any problem.
20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.
Agreed!20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.
In addition, One of the few reasons why people are still buying except of the lawsuit the XRP was facing, is the transaction speed and small fees feature that's looks very promising for a lot of investors. Most people took advantage of the cheaper price because of the lawsuit, so it's no surprise why investors are always looking an opportunity to buy cheaper XRP.
It has been 3 months since OP post and the situation goes against your opinion. XRP maybe has some disqualification to you but to others, it is more potential than any other coin, even bitcoin, I suppose. With a giant lawsuit, XRP enthusiats have a good chance to buy bunch of cheap coins without having any problem.
20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.
20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.
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