@GRR Because:
1. Ripple is a private company, and that's opposite to what other cryptocurrencies are: somewhat decentralized projects with leadership but not really owned by anyone.
2. As a private company, ripple can release any number of tokens they want, so investing into it it's like pouring money on a bottomless bag.
3. Ripple is centralized. For example projects like dash atleast they are trying to appear decentralized, even tho most nodes are owned by the devs that instamined the coin.
4. Ripple probably works as a project, but i don't see a reason why someone would invest into it because the profit prospects are so tiny given the reasons above. Even if every bank of the world partners with ripple, nothing would change. As soon as people would buy and pump the price up, they would release new coins to make money out of thin air.
Topic: Why is Ripple not getting pumped like every other coin at the moment? - page 3. (Read 3314 times)
March 16, 2017, 03:38:42 PM
March 16, 2017, 12:43:23 PM
..or no one care about xrp 
its a centralized bank coin, might as well buy dollars.
March 16, 2017, 12:16:32 PM
xrp down from 1400 to 480 ...i think someone buy all xrp in low price like what they did with dash at 0.01 btc ..than pump to 0.08 ..or no one care about xrp
March 16, 2017, 11:55:27 AM
im also waiting for this OP as i seen ripple have supporters before and like how dash and eth with dcr pump maybe those previous replied will help to assess the pumpers are still working with other project so ripple are still not in their eyes but better to wait for just a little while and see that pump will happen.
March 16, 2017, 11:47:16 AM
Because there is too much total available coins.
Just like dogecoin.
Even if Ripple had a marketcap of 5.000.000.000$, its price will be only 0.13$
Just like dogecoin.
Even if Ripple had a marketcap of 5.000.000.000$, its price will be only 0.13$
March 16, 2017, 11:36:44 AM
Because there are not new investors who invest in ripple with large of money
movement ripple's price be driven by traders on markets and I don't see innovations
updating from the developers of ripple that make ripple coin more interisting for new investors
for example should the developers goes to remittance business on every countries
and make cooperation with local business related remittance.
movement ripple's price be driven by traders on markets and I don't see innovations
updating from the developers of ripple that make ripple coin more interisting for new investors
for example should the developers goes to remittance business on every countries
and make cooperation with local business related remittance.
March 16, 2017, 10:41:54 AM
because the market makers or i better call them the pumpers have only so much money and so many bots and accounts on poloniex to pump the coins! they don't have a million hands and eyes and they certainly don't have unlimited funds. they can only pump a limited number of coins and right now the two of the biggest coins (dash and eth) are being pumped. after the bubbles of these two coins burst all the money will fly back to bitcoin and to other altcoins.
Ripple can be next. i am also thinking litecoin.
Ripple can be next. i am also thinking litecoin.
March 16, 2017, 10:33:14 AM
So, I am wondering why Ripple is falling behind in growth in this current bubble. Why is nobody pumping ripple while every other possibly worthwhile or shitty coin? Does anybody have a decent explanation for me?
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