For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
Honestly, you're spot on with that catch phrase the promoters adopted. During my early days in cryptos that expression used to perplex me because I knew the sing song here at that time was the banking sector being against cryptos. So, if banks were against cryptos how then would it be that Ripple (as it was called then) would be their darling? It was a conflict. XRP remains about the only top 10 crypto that I haven't come around to buying for the sake of hodling, at least for once. I don't like the dynamics behind it. Its supply is huge for me. 
Topic: Why are people still buying XRP? (Read 408 times)
People still buy Ripple, because of Ripple past glory. Buyers believe that Ripple will again cost more than $3 and they can get rich quickly, they believe Ripple again will take top3 place in CMC. Some buy it just because of Ripple popularity. But from my point of view, the fate of Ripple is already known - death. Still havent replaced SWIFT, still isnt used by majority of banks, still have SEC claims, havent updated ATH when everyone else did.
XRP is a coin that has a strong foundation and capital, they have won a lawsuit that occurred 2 years ago, and this proves that the future of XRP will continue to shine, I have also invested in XRP 5 years ago and deserve to be the next 100x .
Is there a reference if it's true that xrp has won from the SEC?Xrp really has a strong foundation and it's proven that the price continues to follow where bitcoin is going. although xrp can't be as good as doge in the 2021 bullrun, xrp continues to follow market movements even though it's still under SEC pressure. what if the problem with the SEC is resolved I'm sure the price will increase rapidly.
US securities regulator moves to bar XRP holders from helping Ripple in court
https://coingeek.com/us-securities-regulator-moves-to-bar-xrp-holders-from-helping-ripple-in-court/
XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones? ...
Its only the System called RippleNet that Financial Instituions and Banks use. They use the Ripple XCurrent Messaging system which is a competitor to SWIFT.For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones? ...
It is completely seperated from the Token and those financial instituitions pay to use Ripple XCurrent. The XRP token has just been a money-grab for The company behind ripple to line their pockets from people that don't understand this. I first read up on RippleNet and its separation from XRP in 2018 and found this out, nothing has changed.
https://www.mycryptopedia.com/ripplenet-and-ripple-xcurrent-explained/
XRP is a coin that has a strong foundation and capital, they have won a lawsuit that occurred 2 years ago...
No, the SEC lawsuit against Ripple is not over yet, so it's too early to talk about it. Such processes can last for years and it is this circumstance that prevents the price of XRP from updating its ATH. But if the court decides in favor of Ripple, then there is no doubt that the price of the coin will rise rapidly, even if the market is bearish.
There are a lot of XRP haters on this board but it has the most real world partnerships out of any chain. Now that smart contracts are being added to XRP, only a couple chains can compete with it tech wise, namely Solana and CNDL chain.
Can you name a few? What "partnerships" exactly? I'd really like to know.
XRP is a coin that has a strong foundation and capital, they have won a lawsuit that occurred 2 years ago, and this proves that the future of XRP will continue to shine, I have also invested in XRP 5 years ago and deserve to be the next 100x .
There are a lot of XRP haters on this board but it has the most real world partnerships out of any chain. Now that smart contracts are being added to XRP, only a couple chains can compete with it tech wise, namely Solana and CNDL chain. 
Don't forget most people doesn't care with decentralized, centralized or privacy stuffs.
For me, people who are buying Ripple are most newbies or people who are lured by the hypes especially some influencers who are just being paid to advertise.
Agree. People sometimes do not really care about something behind the coins. As long as they think there is an opportunity to gain profits from that coins, they simply buy the coins whether for holding or trading. It happens on XRP, people know it has a bad issue related to the lawsuit but people ignore it as they are influenced by sweet rumors spreading by XRP lovers/armies. However, most people easily influenced should be newbies or people who are careless with XRP cases.
XRP is a coin that has a strong foundation and capital, they have won a lawsuit that occurred 2 years ago, and this proves that the future of XRP will continue to shine, I have also invested in XRP 5 years ago and deserve to be the next 100x .
I used to buy the hype that XRP will be used by banks. In 2016 I bought thousands of it because I will be making huge profit if happen. And then 2018 where all lawsuits and SEC hits them.Nothing was change after it. Garlinghouse has nothing to say anymore. I dont see it happening either, it must be true that its tech is outdated.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
Compared to other stable coins, XRP is really a good option to save fees in crypto transactions. Maybe that's one of the main reasons why people prefer buying it during this season and since it's still functional in most transactions, investors still see it as a good investment. We can't deny the fact that despite its past issues, XRP still strikes up during the bull market.
However, I'd just admired the stronghold of this project that is still able to survive despite the SEC issues been throwing at them.
Even after that, why invest into something that hasn't shown any improvement during the last bull market? Think about it, everything broke its ATH during that period and XRP still has its ATH sitting in 2018. This should be good enough reason to realize that you are not going to get anything good out of this.
I understand that it is a coin that has been around for a long long time and that is why people are investing into it, because they trust the history of it. But currently, there are much better coins and you should start checking them out. Trusting a company and two guys to make you rich makes no sense to me, it is the worst possible way to invest in a decentralized market filled with decentralized projects.
It is true that when we see ripple as just an investment it has shown terrible performance as you could have obtained way more profits with other coins, so I can only think of two possibilities about why people are still investing in the coin, the first one is that people are expecting the investigation against ripple is going to end up favorably and if that is the case they are expecting a massive jump in the price.I understand that it is a coin that has been around for a long long time and that is why people are investing into it, because they trust the history of it. But currently, there are much better coins and you should start checking them out. Trusting a company and two guys to make you rich makes no sense to me, it is the worst possible way to invest in a decentralized market filled with decentralized projects.
The second reason could be that investors are simply not ready to accept the massive losses they are having in terms of bitcoin and they are throwing more and more money into ripple thinking that at some point they can breakeven, however I think it is very unlikely this is going to happen and all of those people are going to suffer even greater losses than if they just sold their coins already.
Even after that, why invest into something that hasn't shown any improvement during the last bull market? Think about it, everything broke its ATH during that period and XRP still has its ATH sitting in 2018. This should be good enough reason to realize that you are not going to get anything good out of this....
Nevertheless, the benefits of XRP are obvious to everyone. And as a result, this coin has a real use by banks and other international financial institutions. It is possible that it is precisely the fact that this coin has not surpassed its ATH, the reason for which is precisely the lawsuit, that attracts investors to buy XRP. After all, in the event of the end of the trial and given the fact that the former technical director of Ripple, Jed McCaleb, has finished selling coins belonging to him, may push the price of XRP to the moon.
I used to buy the hype that XRP will be used by banks. In 2016 I bought thousands of it because I will be making huge profit if happen. And then 2018 where all lawsuits and SEC hits them.Nothing was change after it. Garlinghouse has nothing to say anymore. I dont see it happening either, it must be true that its tech is outdated.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
Compared to other stable coins, XRP is really a good option to save fees in crypto transactions. Maybe that's one of the main reasons why people prefer buying it during this season and since it's still functional in most transactions, investors still see it as a good investment. We can't deny the fact that despite its past issues, XRP still strikes up during the bull market.
This coin has it's position in the top 100 coins but for some reasons I don't pay attention to XRP. I think that it still keeps up because of it's past glory and nothing else.
I used to buy the hype that XRP will be used by banks. In 2016 I bought thousands of it because I will be making huge profit if happen. And then 2018 where all lawsuits and SEC hits them.Nothing was change after it. Garlinghouse has nothing to say anymore. I dont see it happening either, it must be true that its tech is outdated.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
Only reason people uses it still is the cheap transaction from exchnage to exchange rather than using stablecoin.
...It has been popular. So regardless of it being shitty and is facing cases, it remains within the choices of many innocent users.
Until the judicial investigation is completed, a large investor will refrain from buying this coin. Those who buy XRP now expect a quick profit or are confident that the judicial investigation will end in favor of the issuer of XRP tokens. In this case, it is necessary to take into account the fact that this trial can last for years.I understand that it is a coin that has been around for a long long time and that is why people are investing into it, because they trust the history of it. But currently, there are much better coins and you should start checking them out. Trusting a company and two guys to make you rich makes no sense to me, it is the worst possible way to invest in a decentralized market filled with decentralized projects.
There are plenty reasons to use and purchase XRP. It offers sub 3 second transaction speeds, fees are a fraction of a penny, and even remaining cheap with exchange withdrawal fees on top. It effectively serves its purpose as a money transfer blockchain. There blockchain is constantly being updated and grown since its open source, and projects which will enable smart contracts native onto the blockchain are being developed and in open beta such as Evernode. Instead of asking why people are buying XRP, we should be asking why are people still choosing to build and develop on the XRP Ledger.
If you want to learn a little more about XRP try the XRP Podcast out, on spotify, apple music, or yt. https://www.youtube.com/watch?v=lo4wS5P_Q9U
If you want to learn a little more about XRP try the XRP Podcast out, on spotify, apple music, or yt. https://www.youtube.com/watch?v=lo4wS5P_Q9U
...It has been popular. So regardless of it being shitty and is facing cases, it remains within the choices of many innocent users.
Until the judicial investigation is completed, a large investor will refrain from buying this coin. Those who buy XRP now expect a quick profit or are confident that the judicial investigation will end in favor of the issuer of XRP tokens. In this case, it is necessary to take into account the fact that this trial can last for years.
It actually surprised me earlier when the SEC filed a suit against Ripple and XRP didn't fall from the top. They remained as one of the leading altcoins. I thought it would cause a huge dump but it didn't.
Recently, Ripple scored a little win over the SEC. This was perhaps one of the reasons why XRP's price made some recoveries. The overall outlook of the case suddenly became optimistic on Ripple's side.
xrp is still actively used by banks. With a little research, you can see which banks use it. It also offers a very convenient fee option between exchange platforms or between wallets. That's why people continue to use it. Also, considering that it offers very fast transfer opportunities between platforms, I think it will continue to be used. Despite the problems they experienced, the team did not leave the project and is trying to solve the problems.
Those buying XRP dont read the news and have information that a major whales was dumping all of his portfolio on them. Maybe they saw a price dump in the coin, a supposed short altseason that comes also in bear with a short time relief for traders. XRP could be going to the last lap of existence in the market or it could change hand if an influencer got interested, a case similar to the meme coin bought by Elon musk
Anyone here buying XRP or even holding it? Am really curious as to know why.
I only buy XRP for funds transfer, since it confirms faster and has a lower fee. I am still hesitant to hold it but at the current market, it was down about 60%+ from its normal price range, so buying it right now is a good idea for medium-term investment (until the market becomes bullish). Probably with the said idea in mind, people are accumulating it for the possible dump when the market becomes bullish.
XRP is at position 7 on CoinMarketCap.People still invest enough in this coin. Once its price was very high due to market dumping XRP market has been dumped Now its price is 0.3667.If the market increases, the price of XRP will definitely increase.Coins in the top positions of coinmarketcap are always the most invested by people. Because even if the market increases a little, all these coins increase a lot.
Dude, xrp is 7th in marketcap, it's far from cheap. In case you don't know how that valuation works it's supply*coin value. But sure, there are people buying shiba inu as well because they don't understand how the value is compared to other coins/topken.
It's marketcap, not the coin price. Price and value are different, don't confuse it. Coin price is the price that you will pay to get the coin, while coin value is depend on the project vision, purpose, etc and has nothing to do with price.
XRP price is $0.38 while the value is shitcoin since it's centralized and doesn't have any purpose.
As I said before if the price increase $1 it will make the holders become rich since they've multiply 4x of their beginning capital.
Yeah, you were talking about a "cheap coin" and price of a one full coin has nothing to do with being cheap or valuable by itself. Value can be only compared to other coins by marketcap, that's why low marketcap coins are "cheap" while top marketcap coins are expensive. (Minus stable coins that are pegged to fiat currency). This is pretty basic stuff.
...It has been popular. So regardless of it being shitty and is facing cases, it remains within the choices of many innocent users.
Until the judicial investigation is completed, a large investor will refrain from buying this coin. Those who buy XRP now expect a quick profit or are confident that the judicial investigation will end in favor of the issuer of XRP tokens. In this case, it is necessary to take into account the fact that this trial can last for years.
To be honest, im only using XRP for transfer purposes because it is the cheapest transaction fee among the coins listed in my country's local wallet other than that it was nothing even for a purpose, But before Im holding XRP Wayback in 2018 but now I'm avoiding it because it has an issue with the SEC so anything can happen with XRP and its parent company ripple labs. thats why it's uncertain and I don't want to gamble with it.
Over the years, there are always issue with Ripple (XRP). For me, these recent pumps and dumps on XRP are caused by manipulation.
I don't trust Ripple, especially with the issue they had with some lawsuits.
For me, people who are buying Ripple are most newbies or people who are lured by the hypes especially some influencers who are just being paid to advertise.
Maybe it does but with those issues with the SEC, I don't think this could have an end. I don't trust Ripple, especially with the issue they had with some lawsuits.
For me, people who are buying Ripple are most newbies or people who are lured by the hypes especially some influencers who are just being paid to advertise.
Though I don't invest Ripple fortunately, I'd use this for my withdrawal transaction because of its low fees. This it bought into my mind that even a lot of people hated this project but can't deny somehow that it also had some role in the market which is traders are still using this despite the said issue.
This is not typical coin for invest honestly but somehow good in another area.
XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
Anyone here buying XRP or even holding it? Am really curious as to know why.
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
Anyone here buying XRP or even holding it? Am really curious as to know why.
I don't own any XRP myself and i also don't plan to buy any XRP in the future i am not an IT or even crypto expert but even i know that XRP stands for everything that crypto wanted to change in the first place: centralization and that governments and federal banks have the control over the wealth of ordinary people. To the question why XRP is up 15% in the last week, i think the answer to that is pretty obvious. First of all the traditional stock market is also recovering at the moment because of the news that the whole interest topic is slowing down. When the traditional stock markets grow the crypto market as a whole grows also and therefore almost every crypto project.
XRP (Ripple) up 15.5% this week... why?
Speculators are taking advantage of Ripple's "significant victory" over SEC when the federal judge ruled last week that the agency should release documents that seems vital fpr the case. It's about the statement of their former director that ETH is not a security. I'm assuming Ripple would use that as part of their defense since it also started out as an ICO.The case is not over yet but it seems this major roadblock will be cleared by next year in Ripple's favor. Who knows what's going to happen if they really win. It' s most likely that people buying now and holding until the case settlement will cash out with good profits.
I think it's just going with the market trend. For sure, it's not all about people who believe in it, but for the opportunity, it gives, like the sending of assets is cheap, like what yazher said. I know many people who use it just withdraw funds and then convert them back to local currencies.
It's just an instrument to buy more and profit more.
It's just an instrument to buy more and profit more.
Dude, xrp is 7th in marketcap, it's far from cheap. In case you don't know how that valuation works it's supply*coin value. But sure, there are people buying shiba inu as well because they don't understand how the value is compared to other coins/topken.
It's marketcap, not the coin price. Price and value are different, don't confuse it. Coin price is the price that you will pay to get the coin, while coin value is depend on the project vision, purpose, etc and has nothing to do with price.
XRP price is $0.38 while the value is shitcoin since it's centralized and doesn't have any purpose.
As I said before if the price increase $1 it will make the holders become rich since they've multiply 4x of their beginning capital.
If it is puzzling how dog shitcoins are being bought as if they're offering useful products and have better features, then it is less puzzling how XRP remains attractive to many. If Shiba Inu for example sells to many users, then why should XRP doesn't? XRP has been in the top for years now. It has been popular. So regardless of it being shitty and is facing cases, it remains within the choices of many innocent users.
I don't own XRP but if there's a reason why it remains an option to some fans, it must be ignorance, hype, fake prospects, etc.
I don't own XRP but if there's a reason why it remains an option to some fans, it must be ignorance, hype, fake prospects, etc.
Since XRP is still a top altcoin in the market,people still believe it will make a short term gain if the bull run start.There are still many people who didn't get out on time in november 2021.Maybe when the price is rising again,people will start to dump their alts and wait till the market stabilized.
For me, I am only using XRP for some reason like choosing it before I send my funds to our local wallet because of the low transaction fees and also one of the fastest transactions you could ever have especially when you tried the other altcoins in their congestion moments where the transactions stuck for hours and sometimes days before sent success.
OK thats true. I have this same wallet, even though they do not let US citizens transact in XRP, even though it is an America-based coin..
Firstly, welcome back I did see you lately OP.
Thanks!
XRP has still an advantage that some of us use XRP not only on investment but the true utility of this coin, I mean it uses for payment system.
Here is my summary of the pros of this coin.
Here is my summary of the pros of this coin.
- Fast settlement of transaction, like 5-10 seconds, your transaction was done.
- A very low fee per transaction which is very cheap.
- Ripple network not only process XRP but it's also processed fiat transaction.
OK I suppose that all makes sense. Ethereum and all its tokens are still relatively expensive to transact, so XRP is suitable for moving around value. Suppose I get it now. I've converted to BCH for that reason, although it takes at least 2 hours for those transactions to settle, yikes.
Anyone here buying XRP or even holding it? Am really curious as to know why.
for now i only hold XRP coins from 2019 till now but not big amount just 1000 coins only. i don't have any reason to hold XRP until now it's just that i like to hold some coins that i think are good for the future.but before XRP got the bad news, i used to trade short term for daily profit and it wasn't very long. after the bad news about XRP surfaced and some market delists of the coin i decided to hold on to a small amount. although later the coin costs $0 i consider it unlucky. but if XRP to the moon i consider a bonus from holding the coin
I also buy XRP only for my daily trading or for short term investment. because after all the trading volume of XRP is very easy to analyze so for day traders like me it is still a good land to make profits in XRP trading.
but in fact I myself do not dare to hold XRP for the long term. So I became curious about the people who hold it for the long term. is there a specific reason that I don't know. so lately even XRP is showing a fairly stable and measurable increase. shows the level of buying continues to increase slowly and the holding back is also increasing slowly.
although I've actually read pretty good stuff about XRP too. but I'm not sure.
I will quote a little here from the source directly. and please read in full from the sources I listed
but in fact I myself do not dare to hold XRP for the long term. So I became curious about the people who hold it for the long term. is there a specific reason that I don't know. so lately even XRP is showing a fairly stable and measurable increase. shows the level of buying continues to increase slowly and the holding back is also increasing slowly.
although I've actually read pretty good stuff about XRP too. but I'm not sure.
I will quote a little here from the source directly. and please read in full from the sources I listed
Quote
An eight-year dumping spree has come to a long-overdue end.
Just days ago, on-chain data showed that Jed McCaleb’s wallet held around 2.77 million XRP tokens. However, his ‘tacostand’ wallet currently shows just 46.7 XRP worth circa $20 left.
The former founder of Ripple sent out his final transfer of 1.1 million XRP, worth $394,742.18, at 6:31 AM UTC on Sunday, according to blockchain explorer XRP Scan.
Sourch Link : https://zycrypto.com/jed-mccaleb-finally-offloads-9-billion-xrp-stash-xrp-on-cusp-of-monster-bull-run/ Just days ago, on-chain data showed that Jed McCaleb’s wallet held around 2.77 million XRP tokens. However, his ‘tacostand’ wallet currently shows just 46.7 XRP worth circa $20 left.
The former founder of Ripple sent out his final transfer of 1.1 million XRP, worth $394,742.18, at 6:31 AM UTC on Sunday, according to blockchain explorer XRP Scan.
Over the years, there are always issue with Ripple (XRP). For me, these recent pumps and dumps on XRP are caused by manipulation.
I don't trust Ripple, especially with the issue they had with some lawsuits.
For me, people who are buying Ripple are most newbies or people who are lured by the hypes especially some influencers who are just being paid to advertise.
I don't trust Ripple, especially with the issue they had with some lawsuits.
For me, people who are buying Ripple are most newbies or people who are lured by the hypes especially some influencers who are just being paid to advertise.
Firstly, welcome back I did see you lately OP.
XRP has still an advantage that some of us use XRP not only on investment but the true utility of this coin, I mean it uses for payment system.
Here is my summary of the pros of this coin.
Ripple and SEC have been fighting for years and it seems Ripple has always been in favor. If you believe that Ripple will win against the SEC and continue taking over as good in a payment system, then it's worth investing XRP with the amount that you can afford to lose or buying XRP for the purpose of the payment system since it has very low fees.
XRP has still an advantage that some of us use XRP not only on investment but the true utility of this coin, I mean it uses for payment system.
Here is my summary of the pros of this coin.
- Fast settlement of transaction, like 5-10 seconds, your transaction was done.
- A very low fee per transaction which is very cheap.
- Ripple network not only process XRP but it's also processed fiat transaction.
Ripple and SEC have been fighting for years and it seems Ripple has always been in favor. If you believe that Ripple will win against the SEC and continue taking over as good in a payment system, then it's worth investing XRP with the amount that you can afford to lose or buying XRP for the purpose of the payment system since it has very low fees.
Anyone here buying XRP or even holding it? Am really curious as to know why.
I really don't find a reason for its pump but likely there are huge buys that happen in them, probably whales.
xrp is in court and most people believe it will win its case and comes back stronger and better and maybe kick some coins ass and overtake them but personally I think the oudated issue you mentioned worries me a little My thoughts are how is it going to keep up with all the smart contact portion in other project interchains and so many other things
XRP has been through so much lately. I still wonder how it kept its place in TOP-10, although the story with mass delisting of the coin from various exchanges should have buried this asset, but it did not happen. Since then I didn't see any strong progress in XRP, even in 2021 XRP didn't show anything new, continuing to stomp in the same place. In my opinion, this asset is no longer suitable for a long-term holding.
Using xrp only for convenience on my trades such as low fee and supported to the app Im using. But I am quite agree with you, this is literally a shitcoin with massive investors aka (Ripple foundation) that could devastated those retailers everytime they got a massive pump. Its quite obvious they are using crypto decentralized aspect as escape goat to their pump and dump and money grabbing.
I think XRP has a good future. There is a reason why it is at the top of coinmarketcap. I think that once the SEC case is heard by the court and the story is successfully resolved, we will see a good pump for XRP. Especially since the price is at the bottom like all other coins right now.
.... but the market is bullish and that's make people to buy cheap coins since they think if they bought cheap coins, when the price change for $1 only, they will so much money.
Dude, xrp is 7th in marketcap, it's far from cheap. In case you don't know how that valuation works it's supply*coin value. But sure, there are people buying shiba inu as well because they don't understand how the value is compared to other coins/topken.
Among other things i think mainly because xrp has a way of recovering quickly more than others, people are making quick profit out of it, beside btc and probably eth, no other project is about the tech, profit is all what drive investors into buying a particular project, xrp has a lot of hype around it and still does and the majority of investors are into hype and profit than tech.
The hype surrounding xrp is almost gone, after the lawsuit with the SEC I hardly see anything attractive about xrp anymore, xrp has long been out of my portfolio.
People still use them probably because their transaction fees are cheaper than other coins. In the same way, even though I don't hold doge, I always use doge as a means of payment for my clients because doge's transaction fees are also cheap and transactions are fast.
I don't know if you call this buying but I just sell other coins for it and then send XRP to a local then exchange again for USD.
It's more like a bridge because of the low transaction fees but I am not holding. I quickly sell it again for something else right after I receive it.
It doesn't even take 5 minutes being an XRP.
I haven't got a clue if that helps with the demands to increase in value but I know many does the same thing.
It's more like a bridge because of the low transaction fees but I am not holding. I quickly sell it again for something else right after I receive it.
It doesn't even take 5 minutes being an XRP.
I haven't got a clue if that helps with the demands to increase in value but I know many does the same thing. 
Among other things i think mainly because xrp has a way of recovering quickly more than others, people are making quick profit out of it, beside btc and probably eth, no other project is about the tech, profit is all what drive investors into buying a particular project, xrp has a lot of hype around it and still does and the majority of investors are into hype and profit than tech.
XRP (Ripple) up 15.5% this week... why?
Speculating the price and trend. For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
For the profit and that thesis didn't matter again. Money is everything right now. The fact is crypto was actually centralized except bitcoin and doge coin. But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
[/quote]The tech doesn't matter but the airdrop that was regularly happening for XRP holders pushing people to bought this. Im also holding it now and i have received airdrop worths a few thousands dollars from holding it. Anyone here buying XRP or even holding it? Am really curious as to know why.
I don't like the project but i only care about profit by speculating it. 
XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
During the hype of 2017, I succumbed to this phenomenon and also bought xrp. Quite a bit, like a few hundred coins. At that moment, I knew absolutely nothing about all the shortcomings of the xrp, and in general, my knowledge of the cryptocurrency was also extremely superficial. My choice in favor of xrp was due to the fact that the project "has potential" or something like that, as such shitcoins are usually praised. Now, this all seems very naive to me and I would never buy a xrp. For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
I have no idea why the xrp price has risen this week. One thing is clear to me, it means that someone has shown interest in this coin and is buying. The reasons for their behavior are not clear to me, for I am not one of them. And I wouldn't want to be one of them.
XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
This is one coin among the top 100 coins on cmc that i don't take a glance at, i don't know why but i just don't pay attention to it or try to. Who knows why people buy what they buy, you would think after all the lawsuit saga many people will lost interest in it, but instead people keep buying to support the project.
I think xrp is just basking on past glory, the so heavily discussed banking system being the main backbone of the project is definitely one of it, some people still hold on to that info about xrp and bank but till now we have not actually seen which of the bank(S) are in connection with the project and have express their connection with the project.
Though not as massive as other coins, XRP has already got many adoption, so some people actually use it for payment, moreover the fee of XRP is very low. And thus make some other people speculatively buying XRP, even though I believe XRP is not that good investment. I would prefer other altcoin like Litecoin, if considering the low fee.
The price surge for 15% isn't because people are only looking to buy XRP, but the market is bullish and that's make people to buy cheap coins since they think if they bought cheap coins, when the price change for $1 only, they will so much money. Unlike BTC or ETH that people think when the price increase $1000, it's only up for few % and the profit wouldn't satisfy them.
Don't forget most people doesn't care with decentralized, centralized or privacy stuffs.
Don't forget most people doesn't care with decentralized, centralized or privacy stuffs.
yeah the article always said that institutions use it as settlement or so but after the xrp got a problem with SEC I no longer touch it unless I only trade on futures to make little bit profit.
and as you can see the XRP still at the top 10 CryptoMarketCap so people might still believe about it
and as you can see the XRP still at the top 10 CryptoMarketCap so people might still believe about it
For me, I am only using XRP for some reason like choosing it before I send my funds to our local wallet because of the low transaction fees and also one of the fastest transactions you could ever have especially when you tried the other altcoins in their congestion moments where the transactions stuck for hours and sometimes days before sent success. I don't think this reason why the price is increasing maybe there is some more valid reason for it to increase these days, maybe people are just preparing for bull runs which when the price of BTC will drastically increase, the price of XRP is increase as well. In other words, they prefer XRP to bitcoins because of the more profits it can bring.
XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
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