Pages:
Author

Topic: Why are people still buying XRP? - page 4. (Read 2650 times)

full member
Activity: 815
Merit: 101
February 16, 2021, 07:48:49 PM
besides supply and demand there are still many people affected by the issue if xrp will have a fantastic price in the future. in fact, a token must pass a winding road when it wants to reach the top. but people don't care about it. So that's one of the reasons people still buy XRP
hero member
Activity: 1260
Merit: 510
February 16, 2021, 07:46:35 PM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  Roll Eyes
I also don't think there are many people who support XRP, in a few days XRP will settle its problem with the SEC, we'll just wait, whether the XRP price will go up higher or will go down and return to the price 0.1 USD  Smiley I am sure, what is pumping up the XRP price is not investors, but short traders or novice traders who follow the XRP FOMO.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
February 16, 2021, 06:41:35 PM
centralized crypto is a stupid idea anyway....
But still many do use it because it's quick and cheap. And people wouldn't care about the lawsuit anymore. They just go as is with the flow of the market.
I thought that it will drop a lot up to $0.1 but it's not. There's still enough demand on it to meet what the investors are thinking about it anyway. Regardless of that, I won't buy it.
hero member
Activity: 2744
Merit: 588
February 16, 2021, 06:29:51 PM
because many still have demand and use.people will stop using it when it's not needed no one wants to use it already doesn't have what it needs then xrp will slowly be forgotten.But reality says otherwise it's just a matter of politics when SEC announced banning of XRP yesterday.
As long as people can see XRP in the market, they will never stop making a trade. I use XRP sometimes, converted my BTC to XRP, I save the cost since BTC's transaction fees are so high sometimes and this XRP is saving a lot.

The issues that XRP is facing now have no final results, they not found guilty yet which is why XRP remains active and tradable. Will it have to expect that XRP will be out from the crypto market? If I am the owner, I was supposed to let it happen. XRP will never have its end, they can surpass these struggles and difficulties. That they only need to prove that they are no a shit project just like the others.

That is actually one of the main use case of XRP to traders.
They are using XRP as transfer coin from one exchange to another because of its cheap fees.
Also, a lot are still buying because they are hoping that XRP team can surpass their battle with SEC.
Now, the price is going down a lil bit because of the news that settlement is not on the horizon as of the moment.

https://www.coindesk.com/ripple-sec-say-settlement-unlikely-before-trial-over-alleged-securities-violations
sr. member
Activity: 2828
Merit: 344
win lambo...
February 16, 2021, 06:14:40 PM
because many still have demand and use.people will stop using it when it's not needed no one wants to use it already doesn't have what it needs then xrp will slowly be forgotten.But reality says otherwise it's just a matter of politics when SEC announced banning of XRP yesterday.
As long as people can see XRP in the market, they will never stop making a trade. I use XRP sometimes, converted my BTC to XRP, I save the cost since BTC's transaction fees are so high sometimes and this XRP is saving a lot.

The issues that XRP is facing now have no final results, they not found guilty yet which is why XRP remains active and tradable. Will it have to expect that XRP will be out from the crypto market? If I am the owner, I was supposed to let it happen. XRP will never have its end, they can surpass these struggles and difficulties. That they only need to prove that they are no a shit project just like the others.
hero member
Activity: 2856
Merit: 667
February 16, 2021, 05:56:27 PM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  Roll Eyes

Some people maybe still buying XRP, but not the volume of people that we expect to buy during the bull run because XRP's volatility now is still within range, it has not grow significantly just like other coins in the market, I guess XRP will only be stuck below $1 and as long as it's volatile, there are still people who will buy for short term trade, not for long term hold.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
February 16, 2021, 10:25:56 AM
People are still buying xrp because what really matters is the chart and not the news.
The charts looks bullish (weekly W).
But, we the traders are the ones who make a coin bullish and bearish so why suddenly are all the investors getting back into Ripple? I think some big guys are playing with the ripple market right now and a big drop is almost about to happen.

I stopped buying and selling of ripple the day I heard they have issues with SEC and whatever small amounts I held, I sold them sometime ago.

Personally I lost huge amount of money by investing on XRP when the news was published that RXP will be listed on coinbase.
If you kept the faith you could have easily avoided all the loss as the price has come back strong. Coinbase de-listed them because I believe SEC forced coinbase to do the same.
sr. member
Activity: 1680
Merit: 263
February 16, 2021, 03:32:12 AM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  Roll Eyes
newbie
Activity: 24
Merit: 0
February 16, 2021, 02:59:51 AM
centralized crypto is a stupid idea anyway....
sr. member
Activity: 1162
Merit: 268
50% bonus on your First Topup
February 16, 2021, 02:20:04 AM
I think in my opinion XRP has good features considering famous cryptocurrencies have High Fees, In my part, I'm using Uphold account to withdraw my BAT tokens, I'm converting it to XRP first then into my Main wallet very convenient and efficient plus the majority of 3rd party wallet supports it
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
February 16, 2021, 02:10:44 AM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.
same here, too risky. will definitely wait until the legal problem settled first but then again I doubt i'm gonna buy coin like XRP which many people deemed shady.
There's better alternative than a coin that could vanish into thin air and the alternative sometimes performs better too, yeah I'm talking about coin that has market cap above XRP.
legendary
Activity: 2772
Merit: 1127
February 16, 2021, 01:55:44 AM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
I won't comment something like XRP to the moon or anything close to that but I always like using XRP because the transaction fees is really low and the fastest transactions if ever among all crypto currency I have seen, it has to be XRP. There might be faster ones out there but from al the coins I have used, I haven't seen any coins or tokens being faster. Only TRX comes near to XRP in that regard.

I don't know why people stopped using XRP and bashing it, just because they have a lawsuit against them. Yes they have some problems going on but how does that affect us as neutral users at all. I am really happy the price is recovering and the trust is coming back.
sr. member
Activity: 1176
Merit: 282
February 15, 2021, 03:47:29 PM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
The expectation of everyone buying any altcoin is definitely looking forward for profit, we all know what happened to Ripple sometimes last year with the US SEC and the aftermath of what happened when exchanges delisted Ripple from their exchnage, the price of ripple bounced back and was bullish, so, am not surprise to see many yearning for the coin.

I do not understand why they buy it) although I myself made x6 on it at one time, but then in 17th time it was like that, now the price is growing in the wrong direction, so I don’t think that one should expect a rapid growth.
full member
Activity: 1470
Merit: 148
February 15, 2021, 03:43:26 PM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
The expectation of everyone buying any altcoin is definitely looking forward for profit, we all know what happened to Ripple sometimes last year with the US SEC and the aftermath of what happened when exchanges delisted Ripple from their exchnage, the price of ripple bounced back and was bullish, so, am not surprise to see many yearning for the coin.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
February 15, 2021, 03:40:13 PM
The lawsuit will be solved in favor of Ripple and the price will be pumped hardly by the market after the positive news. The 20 xrp is the cost for creating a new wallet but you can always use exchange wallets for holding the XRP. It is always profitable to buy low and sell while the price high, the market has declined to $0.2 which is cheap to invest more. I always send $10 worth XRP to gambling wallet and last time I send a triple less amount to the wallet address because of the %300 pump.
sr. member
Activity: 978
Merit: 250
February 15, 2021, 03:34:30 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?
We will never know how opportunities come to us. Maybe that could be Ripple by some investors thought. Although 22 February we could receive a good announcement from Ripple, which means lawsuit problem could be solved. I won't buy any XRP even after solving this issue. Although I'm very surprised that Ripple prices are still stable as last year.
member
Activity: 308
Merit: 31
Your Data Belongs To You
February 15, 2021, 03:26:20 PM
People are still buying xrp because what really matters is the chart and not the news.
The charts looks bullish (weekly W).
full member
Activity: 2142
Merit: 183
February 15, 2021, 02:08:07 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.
After any court decision - in favor of the SEC or Ripple Labs, regardless, the price of ripple will rise. This will happen because the court decision should not be associated with any restrictions or prohibitions on the circulation of the ripple coin itself. The essence of the SEC's claim is not relevant on this issue. Almost all responsibility should be borne by the two directors of this company through the payment of penalties.
Ripple was removed from the listing only on the US stock exchange and this should be regarded as illegal pressure from the SEC, but these are temporary measures.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
February 15, 2021, 01:58:07 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.

There are lots of coins to choose around this market why bother to buy if you don't understand the risk that you are going to take, if you have good amount of money, maybe you can spare some.

With the hope that SEC issue will be resolved, it's true that confidence from the investors side might comeback if XRP team will manage
to take of this issue, expect a  huge pump after.

They are not buying to keep the XRP like holding it for good. They are buying to trade it. I used it most of the time to transfer funds from one exchange to another because its fast and the fees don't hurt you like ETH. Anyone who wants to save their dollar will also find ways to spend the bare minimum and XRP just gives us a solution to it.

full member
Activity: 562
Merit: 100
February 15, 2021, 01:23:56 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.
Pages:
Jump to: