Why are people still buying XRP? - page 2.

kevindjunaidi

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Quote from: TheBitcoineers on January 14, 2021, 12:45:35 PM

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?

from the top 5 cryptocurrency on coinmarketcap, only the price of XRP that has not risen very high and create a new ATH price, so people believe that now is the right time to invest in XRP, because when the price of XRP increase very high (creating a new ATH price), then of course we will get a big profit from investing in XRP at this time and XRP has a chance of winning against SEC, so the price of XRP will definitely be easier to increase very high and create a new ATH price.

Fredomago

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Quote from: tarable on April 13, 2021, 12:38:22 PM

Quote from: lexkiee28 on April 12, 2021, 10:35:48 PM

I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.

Not only that, but this XRP token has also been in a good position in the crypto rankings before it ran into trouble with the SEC, so it's not just for the reasons you say, but there are also a few other reasons it could get people starting to believe in XRP again at this point.

If XRP win this lawsuit or find it's way to settle this issue with SEC the chance that investors once again will place their money and
ride with this coin.

Though most already learned from their experienced, they are well aware that any moment this coin can be dumped. It's nature
that once investors or traders already reached their targets, dumping and taking their profits mostly the wise action.

Got to have a good risk management system when you deal with this coin.

tarable

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Quote from: lexkiee28 on April 12, 2021, 10:35:48 PM

I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.

Not only that, but this XRP token has also been in a good position in the crypto rankings before it ran into trouble with the SEC, so it's not just for the reasons you say, but there are also a few other reasons it could get people starting to believe in XRP again at this point.

greenslope

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To sell it higher? that's exactly the question I have, any Dapp or something special about it?

bryant.coleman

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Quote from: DarkDays on April 13, 2021, 11:29:03 AM

This is insane considering everything else that is going on with the court case and the matter not yet settled.

I agree that the case is not yet settled. But we have already received a fair idea about which direction the judgement will come. SEC has come under severe criticism from the judge and she has sided with the XRP promoters. So in all probability the judgement will be in favor of the XRP team. Now the quesiton is whether SEC will go for further appeals after the judgement is made. I don't expect them to remain quiet, after all the humiliation they went through during the past few weeks.

DarkDays

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Quote from: daenarys_stormborn on April 12, 2021, 11:20:08 AM

In my opinion, XRP still has the potential to go up, because the project from XRP itself is indeed very promising in the future, especially after XRP won the SEC's claim, the price of XRP immediately went up through 1.4 $, and it looks like this will continue to rise.

XRP has performed amazingly today at 35X. That's 35x in just 1 day...

This is insane considering everything else that is going on with the court case and the matter not yet settled.

Not many other alts have done this multiplier today, so it does make you wonder what's going on with XRP. Are people suddenly turning to it, and if so why? Is there

anything obvious?

geegaw

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Quote from: Matimtim on April 12, 2021, 09:51:19 PM

Maybe because XRP is one of the leading coins in the crypto currency because this coins is rank 4 as of now, thus many people keep buying that coons because of that, maybe they thought that they can make more income if they are going to invest now in the XRP because of its price that still going better.

The statistics of the past are one of the best testimonies of many people's beliefs about buying XRP, even as Ripple sinks into periods where some have predicted it cannot return, Ripple can still break through such very fragile opportunities to return, bad news will lead to devaluation and slide off position rankings but no, XRP doesn't work that way. Instead of acting as an underdog, it remained silent and did not suffer a bit of chipping on the rankings then manifest their powers in a way no one would expect, the strong won't be affected by the news, that's all.

Vishnu.Reang

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Quote from: bisdak40 on April 13, 2021, 07:02:23 AM

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?

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.

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Quote from: Sithara007 on April 12, 2021, 10:56:40 PM

One of the biggest advantages with XRP is that it's unit price is very low. And that works, because in cryptocurrency sector unfortunately we have a lot of people who don't know the relationship between unit price, market cap and circulating supply. A lot of them go for Ripple, because it's unit price is less than $1.00 per token. And combined with the social media propaganda in favor of XRP, a lot of people get fooled. But eventually they will lose money, as happened when XRP crashed from 3,500 Sat to less than 1,000 Sat after the SEC ruling.

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?

Sithara007

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One of the biggest advantages with XRP is that it's unit price is very low. And that works, because in cryptocurrency sector unfortunately we have a lot of people who don't know the relationship between unit price, market cap and circulating supply. A lot of them go for Ripple, because it's unit price is less than $1.00 per token. And combined with the social media propaganda in favor of XRP, a lot of people get fooled. But eventually they will lose money, as happened when XRP crashed from 3,500 Sat to less than 1,000 Sat after the SEC ruling.

lexkiee28

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Quote from: TheBitcoineers on January 14, 2021, 12:45:35 PM

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?

I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.

Matimtim

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Maybe because XRP is one of the leading coins in the crypto currency because this coins is rank 4 as of now, thus many people keep buying that coons because of that, maybe they thought that they can make more income if they are going to invest now in the XRP because of its price that still going better.

daenarys_stormborn

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In my opinion, XRP still has the potential to go up, because the project from XRP itself is indeed very promising in the future, especially after XRP won the SEC's claim, the price of XRP immediately went up through 1.4 $, and it looks like this will continue to rise.

(o)(o)ilikeboobs(o)(o)

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Those who need to buy XRP have bought it for a good price and now it's just the whale's play. They will boost the value of XRP according to the news, having more people buying XRP above $ 1 is also a way for them to have the opportunity to sell in high volume. Currently, XRP is not sure to win the lawsuit I would choose to stay by the sidelines to watch.

Roidz

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Quote from: ?? on ??

Ripple has breathed a sigh of relief in the current market, overcoming many obstacles. The price of the ripple is hovering above one dollar. I believe the report could soon exceed $ 2 . if Ripple is not in the middle of a second hurdle. And if there is an allotment session, it is expected to exceed 5 dollars by the end of the year.

although currently the case facing XRP has not yet been resolved, with the motion of no confidence in the SEC issued by the US court, XRP prices continue to move up and it is even likely to reach its highest price and of course it could happen in the near future if indeed XRP won the lawsuit filed by the SEC and according to some information circulating in the last few days said that if there is a big possibility that XRP will be able to beat the SEC in the legal case and of course this will be quite good news for loyal XRP holders. https://twitter.com/novogratz/status/1380898768191688704?s=20

jjdub7

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Quote from: TheBitcoineers on January 14, 2021, 12:45:35 PM

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?

There is no way to know why someone is doing something, in this case why some people still have confidence and I think XRP will have a bright future despite all the problems and its centralized nature.

Personally, I'm also not a big fan of XRP and I would not risk investing in it, despite the constant interest of people and the current rise in the price.

SaiyanSS3

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Because the society is full of degenerate who wouldn’t want to follow the mainstream, they get into xrp like they get into meme stock, they get kick in the butt, and go around the internet and spew their non sense.

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Quote from: gbrendeh on April 11, 2021, 06:58:36 PM

XRP has been in existence for many years and have passes the text of time severally. More so, with the present lawsuit, it is still doing well in the market, this will bring more confident to investors

Despite the SEC lawsuit, it took off still and made holders profit.
There are several reasons why XRP is being used and one is that it's cheap to send than BTC and other altcoins. You can see the benefit when you send $1000BTC to another wallet compare to sending XRP worth $1000 to another wallet.

There are lots of discussions of XRP on youtube that it could reach up to $500, I don't know if you will still be alive if you wait for it to happen.

gbrendeh

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XRP has been in existence for many years and have passes the text of time severally. More so, with the present lawsuit, it is still doing well in the market, this will bring more confident to investors

martina14

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As far as I know the SEC gave a positive response over RIPPLE(XRP) where last 2 days ago the price of Ripple goes up all of a sudden in the market. Where of the traders who bought it before the price was kicked a lot of them got earned and the price value got increased around 118% in the market.

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