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Topic: XRP future looks shaky and uncertain (Read 662 times)

legendary
Activity: 1722
Merit: 2213
March 08, 2023, 11:23:40 AM
#81
Personally I've considered XRP useless since 2018 and therefore never invested nor traded in this asset, partly due to the reasons mentioned in OP, but otherwise due to the selling pressure from Jed McCaleb. However I just realised that Jed has finished his 8-year long dumping spree that has suppressed price for so long as represented 18.6% of the supply, but I fail to see why there are so many investors bullish about this shitcoin.

XRP also has been in a downtrend since 2018 against Bitcoin and more or less only moved sideways for the past 2 years.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 08, 2023, 10:31:40 AM
#80
I think if they think that XRP could be third or second, they are have absolutely no idea how the market works and they shouldn't be investing at all. I know that it is not going to be a simple thing to invest easily without a care in the world but that doesn't mean that we should also be ignorant about the market enough to think this would be a fine thing.

I mean obviously don't consider the situation like XRP will be zero soon, I am not saying that it will be going down and crashing like crazy, all I am saying is that it is not going to be going up like that ever again, that was once upon a time, and now it's different and won't ever be the same again.

XRP reaching second or third position in market cap? That's insane! I don't think it will ever happen, especially when there are a lot of coins in circulation. Ripple (the company) holds most of the supply, so we should expect a huge dump in price sometime in the future. Besides, XRP is centralized unlike most of the other cryptocurrencies trading on the market today. It's a "banker's coin" if you ask me. It won't have a future as long as it remains controlled by the hands of a few.

There are many XRP fanboys out there, thinking it will "explode" in price just because of the partnerships Ripple has been doing with banks (aside from the fact that TX fees are extremely cheap and speeds are blazing-fast). But there's more to crypto "than meets the eye". Only coins with a decentralized and censorship-resistant design will last a lifetime. Who knows how long will XRP last? Just my thoughts Grin
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
March 08, 2023, 02:31:30 AM
#79
There is lot of old coin gonna be useless if they dont evolve to handle current trend and tech, most likely they wont, changing protocol need to rewrite from beginning so these coin gonna be forgotten and pumper likely they will create new coin
But XRP has different problem as this is being sued and up to now facing cases from SEC in which makes investors leave and find other currency to invest for.
protocol is easy to change after the case wins but what if not? what if this continue to run for another 10 years?
xrp will die without even changing.
we won't know in the future about xrp, and if there are unwanted events we don't be surprised because investing in crypto is very risky, and maybe this is also one of those people who don't support crypto
because it is full of risks,
and i think if xrp goes down, people will probably start to leave crypto.
but this is different from what xrp supporters think so better to let them do what they wanted and let us be safe for not spending time and money here.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
March 05, 2023, 11:48:57 AM
#78
The future prediction of XRP are unable to do even no coin has a future surety that it will persist successful or not but expert Says that XRP is worthy token but its depends on user's thoughts that for how many years you hold it because long term investment will be more advantageous. As we see that XRP price will go up so now its important to make investment in XRP because in bullish period It will go more up and will be benefited its holders.
full member
Activity: 1680
Merit: 169
Buzz App - Spin wheel, farm rewards
March 05, 2023, 11:30:41 AM
#77
I am sorry if this hurts XRP fans and Armies on here

I think XRP will be useless in future because there won't be any need for it's existence, it won't be needed as a bridge to converting crypto coins or currencies once Fiat moves to CBDC finally. Think about it and if you think that I am wrong do drop your reason why.

The very threat to CBDC is XRP for me, not BTC.
XRP does not have a good future, in fact its use tends to decrease day by day, because there are many competitors from XRP that can provide cheap fees to their users. even bitcoin only charges less than $ 1 fee on every transaction that is created so that XRP hopes to have a high value in the future is small.
full member
Activity: 1176
Merit: 140
March 04, 2023, 01:16:41 PM
#76
Maybe those investors are still  in hopes that one day this coin will reach the top again like what it does in the past years and also what this is facing now is a serious offence that they will need to take longer than in was.
Ripple is one of the most promising coin when I entered crypto market but nowadays? I am starting to fear that chances.
That is a must quality to have when investing because if you don't have a hope in the asset that you hold, there is no way for you to hodl it in a longer time and you won't have the chance to earn a big profits in case the asset that you hold are pumping crazily. History repeats itself as they say, so why not? This wasn't only limited to xrp but also to those coins where the public has a biggest doubt.

Coins like doge coin and shiba inu for instance. The case of ripple is not finished yet and there is still a chance that they can win it. For doge and shib, there are rumors that their father Elon is likely to be picking them up again anytime soon.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
March 04, 2023, 11:41:57 AM
#75
XRP faces significant regulatory challenges and its future is uncertain. While it does have some unique features, investing in XRP at this time carries significant risks. It's important to do your own research and carefully evaluate the potential risks and rewards before making any investment decisions.
hero member
Activity: 3010
Merit: 666
March 03, 2023, 04:27:19 PM
#74
Maybe those investors are still  in hopes that one day this coin will reach the top again like what it does in the past years and also what this is facing now is a serious offence that they will need to take longer than in was.
Ripple is one of the most promising coin when I entered crypto market but nowadays? I am starting to fear that chances.
I think if they think that XRP could be third or second, they are have absolutely no idea how the market works and they shouldn't be investing at all. I know that it is not going to be a simple thing to invest easily without a care in the world but that doesn't mean that we should also be ignorant about the market enough to think this would be a fine thing.

I mean obviously don't consider the situation like XRP will be zero soon, I am not saying that it will be going down and crashing like crazy, all I am saying is that it is not going to be going up like that ever again, that was once upon a time, and now it's different and won't ever be the same again.
Yes, XRP has been facing issues against the SEC but many years passed, and still no results. It means that SEC can't provide strong evidence pointing out that XRP is a scam or something they broke the SEC rules. Might XRP will dump as you said and I'm going to agree that it was not like those shitcoins that die instantly.

XRP has been known to the market and the trust of the people has been affected because of the said case with the SEC and it creates doubts among the investor about putting money into this project. A reason why it is hard for its price to rise if the situation remains.
legendary
Activity: 3052
Merit: 1188
March 03, 2023, 04:10:45 PM
#73
Maybe those investors are still  in hopes that one day this coin will reach the top again like what it does in the past years and also what this is facing now is a serious offence that they will need to take longer than in was.
Ripple is one of the most promising coin when I entered crypto market but nowadays? I am starting to fear that chances.
I think if they think that XRP could be third or second, they are have absolutely no idea how the market works and they shouldn't be investing at all. I know that it is not going to be a simple thing to invest easily without a care in the world but that doesn't mean that we should also be ignorant about the market enough to think this would be a fine thing.

I mean obviously don't consider the situation like XRP will be zero soon, I am not saying that it will be going down and crashing like crazy, all I am saying is that it is not going to be going up like that ever again, that was once upon a time, and now it's different and won't ever be the same again.
sr. member
Activity: 2828
Merit: 344
win lambo...
March 03, 2023, 08:03:31 AM
#72

This issue has been running for a long time since Ripple has been facing different charges but the good thing is, it's still being trusted by many investors and it's still actively moving and reaching a good spot despite the challenges that it has been facing. For me, as long as it's being listed on a top exchange, it is still worth buying and holding. It can still be profitable, especially during the bullish season.
Yeah to respect those investors as they kept supporting XRP while there are many cases being filed against Ripple so I use to have XRP in 2019 but after the price crashed as the problem from SEC arise?
I sell all my coins and never buy ripple again till now, or I mean never Hold again but I am buying sometimes because I need to use as payment in some transactions .
for them it is still hopeful but for me? it is Hopeless .
Nonetheless, it was to admit the risk is really high dealing with a project that has been a problem with the SEC. Their reputation has been in question and one day, this project might go once the SEC wins the case and makes all investors lose their money. Do I admit I was still using XRP but never I think I would choose this for holding, just for the sake of a low-cost transaction fee?
We can't be hesitant about their issue as it was best to invest in a project that has no problem with the SEC and we can be sure that we are safe.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 02, 2023, 09:48:45 PM
#71

This issue has been running for a long time since Ripple has been facing different charges but the good thing is, it's still being trusted by many investors and it's still actively moving and reaching a good spot despite the challenges that it has been facing. For me, as long as it's being listed on a top exchange, it is still worth buying and holding. It can still be profitable, especially during the bullish season.
Yeah to respect those investors as they kept supporting XRP while there are many cases being filed against Ripple so I use to have XRP in 2019 but after the price crashed as the problem from SEC arise?
I sell all my coins and never buy ripple again till now, or I mean never Hold again but I am buying sometimes because I need to use as payment in some transactions .
for them it is still hopeful but for me? it is Hopeless .
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
March 02, 2023, 06:23:36 PM
#70
This has become something that many crypto lovers know, which is why at the moment XRP is only used as a coin to make a profit because of its up and down price movements but more than that XRP has no future, the only advantage is that this coin is still listed on many major exchanges so it looks like this coin has a future but actually it doesn't.
actually there are only few big exchange that listed XRP such as Binance and some but majority of big exchange had delisted this year ago and that alarms other investors so they leave this coin.
and at some chance you are correct that it looks like this coin has no future same is the reason why I sell all my Ripple last year and now hold a different coin that has no big problem like this one.

This issue has been running for a long time since Ripple has been facing different charges but the good thing is, it's still being trusted by many investors and it's still actively moving and reaching a good spot despite the challenges that it has been facing. For me, as long as it's being listed on a top exchange, it is still worth buying and holding. It can still be profitable, especially during the bullish season.
Maybe those investors are still  in hopes that one day this coin will reach the top again like what it does in the past years and also what this is facing now is a serious offence that they will need to take longer than in was.
Ripple is one of the most promising coin when I entered crypto market but nowadays? I am starting to fear that chances.
Thats true, once it was a hard competing asset for ethereum. At some instance it took the second position on the coinmarketcap. The market being controlled is the major reason for the market being described negatively. Even now this has got more products and partnership with different firms. In all means the centralised power can be felt and the same makes it easy manipulative.
sr. member
Activity: 2618
Merit: 439
March 01, 2023, 10:31:13 PM
#69
This has become something that many crypto lovers know, which is why at the moment XRP is only used as a coin to make a profit because of its up and down price movements but more than that XRP has no future, the only advantage is that this coin is still listed on many major exchanges so it looks like this coin has a future but actually it doesn't.
actually there are only few big exchange that listed XRP such as Binance and some but majority of big exchange had delisted this year ago and that alarms other investors so they leave this coin.
and at some chance you are correct that it looks like this coin has no future same is the reason why I sell all my Ripple last year and now hold a different coin that has no big problem like this one.

This issue has been running for a long time since Ripple has been facing different charges but the good thing is, it's still being trusted by many investors and it's still actively moving and reaching a good spot despite the challenges that it has been facing. For me, as long as it's being listed on a top exchange, it is still worth buying and holding. It can still be profitable, especially during the bullish season.
Maybe those investors are still  in hopes that one day this coin will reach the top again like what it does in the past years and also what this is facing now is a serious offence that they will need to take longer than in was.
Ripple is one of the most promising coin when I entered crypto market but nowadays? I am starting to fear that chances.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 01, 2023, 07:22:28 PM
#68
XRP was one of the compliant cryptocurrency for ISO 20022 and if lawsuit comes to light for XRP I think that will likely make XRP fine again. It's still one of the favorites of banks after all and I think huge investors on XRP are huge institutions too.

XRP is banks' favorite "cryptocurrency" because of its centralized design. You can bet that wouldn't had been the case if XRP was as decentralized as its proponents claim it to be. Why do we want another centralized financial system empowered by banks? Wasn't Bitcoin created as a protest against banks' malpractices in handling the global economy? People seem to be missing the bigger picture here. It's not about making money, but rather removing power from banks and giving it back to the people. But centralized coins like XRP and government-backed digital currencies (CBDCs) lead us one step backwards in achieving said dream.

I honestly don't think XRP will survive for long, especially when Ripple (the company) has its hands tied with the regulators. It could collapse if Ripple sells all of its XRP holdings, or they abandon the Ledger completely. The market will ultimately decide XRP's fate. As long you don't go crazy investing into this coin without doing your own research, there should be nothing to worry about. Just my thoughts Grin
full member
Activity: 1708
Merit: 126
March 01, 2023, 11:03:39 AM
#67
This has become something that many crypto lovers know, which is why at the moment XRP is only used as a coin to make a profit because of its up and down price movements but more than that XRP has no future, the only advantage is that this coin is still listed on many major exchanges so it looks like this coin has a future but actually it doesn't.
actually there are only few big exchange that listed XRP such as Binance and some but majority of big exchange had delisted this year ago and that alarms other investors so they leave this coin.
and at some chance you are correct that it looks like this coin has no future same is the reason why I sell all my Ripple last year and now hold a different coin that has no big problem like this one.

This issue has been running for a long time since Ripple has been facing different charges but the good thing is, it's still being trusted by many investors and it's still actively moving and reaching a good spot despite the challenges that it has been facing. For me, as long as it's being listed on a top exchange, it is still worth buying and holding. It can still be profitable, especially during the bullish season.
sr. member
Activity: 2618
Merit: 439
February 28, 2023, 11:54:14 PM
#66
This has become something that many crypto lovers know, which is why at the moment XRP is only used as a coin to make a profit because of its up and down price movements but more than that XRP has no future, the only advantage is that this coin is still listed on many major exchanges so it looks like this coin has a future but actually it doesn't.
actually there are only few big exchange that listed XRP such as Binance and some but majority of big exchange had delisted this year ago and that alarms other investors so they leave this coin.
and at some chance you are correct that it looks like this coin has no future same as the reason why I sell all my Ripple last year and now holding different coin that has no big problem like this one.
full member
Activity: 2576
Merit: 205
February 28, 2023, 07:44:49 PM
#65
I am sorry if this hurts XRP fans and Armies on here

I think XRP will be useless in future because there won't be any need for it's existence, it won't be needed as a bridge to converting crypto coins or currencies once Fiat moves to CBDC finally. Think about it and if you think that I am wrong do drop your reason why.

The very threat to CBDC is XRP for me, not BTC.
You should not say sorry because you are saving them from a future losses , maybe they try to deny this fact for now but eventually they will realized this reality and will eventually act like a loser.
XRP is something that only use to Pump and dump and also those supporters are exiting from the years as it was delisted in many exchange.
even if it managed to win against the SEC? yet what would be the beneficial in the reality of usage.
We can only hope that they are careful not to use too much money to invest in XRP and only choose bitcoin as their main investment. Perhaps, they still hope that XRP can really benefit them so they still think that XRP is one of the coins that have the potential to increase. But if XRP can ramp up, it's an added boon for investors who have been buying XRP for a long time and are eager to repeat history in big gains. Well, we can only wait and see if XRP turns out to be what they want it to be or if it just doesn't matter.
if you have extra funds that literally you can risk ? then why not right? but if the amount you will be investing is something that you will be needing in sometime or even in long time after?
then best not to take this chance or you will lose badly in the end.
XRP is indeed one of good coins in the past but nowadays? there are so much coins that we can use tto save our money than Ripple.
I've been buying XRP since last year and am just waiting for XRP to start increasing. But I don't really expect to see XRP increase, let alone reach a new ATH again because it doesn't seem easy for XRP. And even though XRP doesn't or hasn't been able to increase again during the altcoin season, that's also okay, and as long as there are exchanges that have XRP listed in their list of coins, I think one day, there will be a pump for XRP Grin
I'm not sure if this will happen any time soon mate because we have known the problem they are facing and that is about the Case filed by SEC in America and yeah this is a serious problem that needs to be resolved first before seeing what we wanted to achieve in this project so for now I think waiting and trying to accumulate while the price is cheap is what we need to do .
legendary
Activity: 2464
Merit: 1102
February 28, 2023, 04:35:09 AM
#64
XRP was one of the compliant cryptocurrency for ISO 20022 and if lawsuit comes to light for XRP I think that will likely make XRP fine again. It's still one of the favorites of banks after all and I think huge investors on XRP are huge institutions too.
Just because people trust it, doesn't make it a good thing. There were some ponzi schemes that made BILLIONS of dollars worth of money as well, they got away with it for decades, and then they got caught. Just because people trusted it with billions didn't made it any less ponzi, it was still a ponzi and yet people didn't really realize how important being careful was, just invested because others did.

I highly recommend staying away from this as much as possible, it is a shady project and has always been one and the only reason why it has stand as long as it has so far is the fact that it is highly ranked so everyone knows about it and created a big community.
full member
Activity: 2576
Merit: 205
February 28, 2023, 12:12:24 AM
#63
XRP was one of the compliant cryptocurrency for ISO 20022 and if lawsuit comes to light for XRP I think that will likely make XRP fine again. It's still one of the favorites of banks after all and I think huge investors on XRP are huge institutions too.
this is why XRP is still being kept in Binance knowing that it is one of the biggest exchange while other exchange dropped their support in Ripple this coin stays in rank 1-10 and this shows how trusted of big investors this coin and project, and also while this losses support from others? yet there are much we could see about how XRP is climbing and growing.
XRP had a potential one like Ethereum,but the project suffer a lot problem.They need to face all the cases legal and solve the problem
they are facing mate , the team is in case resolving now meaning they are not losing hope and time.
we won't know in the future about xrp, and if there are unwanted events we don't be surprised because investing in crypto is very risky, and maybe this is also one of those people who don't support crypto
because it is full of risks,
and i think if xrp goes down, people will probably start to leave crypto.
why people will leave crypto just because XRP goes down? at least you understand that this is just one coin of thousand existing right?
full member
Activity: 2590
Merit: 228
February 27, 2023, 09:30:26 PM
#62

The very threat to CBDC is XRP for me, not BTC.

Even without the arrival of CBCD, the future of XRP is uncertain, as far as I know the lawsuit between XRP and the SEC is not over yet. So investing in it now is extremely risky, if XRP can't win the case, the possibility that XRP investors will lose everything.
We have more options than XRP, we don't need to risk that meager profit. Regarding altcoin investment, we have BNB, the return is not bad, I will choose BNB instead of risking XRP.
I agree 100%, I almost forgot about XRP when the lawsuit between Ripple and the SEC started in 12/2020.  The purpose of XRP is to become a cross-border payment currency - universally accepted.  That is the advantage and also the disadvantage of XRP.  It is within a more centralized framework, knowing that times will change and how the market will decide to use it differently, but XRP does not show that potential.  More new and potential options as well as safer such as ETH, BNB, Polygon…
with this so much bad happening in Ripple ? and XRP continues being declined(because of that case from SEC?) i think it is much better to choose on those given coins than supporting more this coin fo now , not unless they won that case and be open again? but that would definitely damage their reputation in long term as it is going to 3 years and still no good news and progress.

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.
in this I don't agree mate, because Solely investing in Ethereum will bring us also long waiting so why choose this altcoin when we can surely invest in Bitcoin?  we are talking diversification here and that is what we mostly wanted as for safer investment .


Bitcoin is the safest, but between bitcoin vs ethereum investment, who do you think will give better long-term returns? During the most recent bull cycle in 2021, ETH has also delivered a much higher ROI than BTC. Ethereum meets 2 requirements for you: safe like bitcoin, if safe bitcoin is 10, then ethereum is 8, and better returns than bitcoin.
I will never argue about that because it is correct that the safest coin is the ranking one like Bitcoin and of course ethereum.

but if we are talking long term but what if short term?

Quote
If talking about making a quick profit from altcoins, I would like to invest in new altcoins like APT or some layer 2 projects that will give higher returns than XRP or any old altcoin. You can see LTC, TRX...no more noticeable hype.
it is our belief and outlook  and for that I respect yours but my Folio listed far different from yours.
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