Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: anonymous2061 on February 01, 2017, 05:01:16 PM



Title: How is Ripple for investment?
Post by: anonymous2061 on February 01, 2017, 05:01:16 PM
Ripple is one of the cheapest crypto's out there. With one of the highest market cap. Secondly its the most marketed crypto too. The only problem with ripple is inflation. What do you guys think about short term and long term return on this crypto.


Title: Re: How is Ripple for investment?
Post by: tuvok007 on February 01, 2017, 05:15:32 PM
Im thinking about buying 100 000 xrp, thats 650 usd,If I hold my extra 650 usd in a bank for a year I"ll get just a little bit more but if I buy some Ripple....price will surely rise quite a lot in a year.


Title: Re: How is Ripple for investment?
Post by: anonymous2061 on February 01, 2017, 05:41:08 PM
Same here. Specially since they just made a deal with UAE national bank. :) 30mins ago.


Title: Re: How is Ripple for investment?
Post by: Febo on February 01, 2017, 07:11:32 PM
Same here. Specially since they just made a deal with UAE national bank. :) 30mins ago.


Deal for ripple means that they will give them some free XRP. So just add to inflation.

There is 100 billion XRP, but only 36 billion so 1/3 is out yet. They have plan to give all out in next few years. I dotn think price will go up much in next years because of that. It mainly fall down last 2 years.


But this is not Ripple main problem. Ripple main problem is centralisation.  It is run from one center and not like Bitcoin or most other crypto from many nodes. That makes it vulnerable. If governments see danger in Ripple will close them. No one can close Bitcoin.

You may not remember e-gold (https://en.wikipedia.org/wiki/E-gold). e-gold is what many consider as a step to Bitcoin. Understanding it for sure helped Satoshi to make Bitcoin. e-gold problem was that was centralised. In 2005 their office was closed by USA government and they get under investigation. a year latter all charges was dismissed, but since they were closed for 1 year they never been able to get back so successfully as before.  If they would be somehow decentralised,  no one could stop them. They could file charges, e-gold would still work in mean time and after charges would be dismissed no big harm would be done.


Title: Re: How is Ripple for investment?
Post by: Huge Black Woman on February 01, 2017, 07:35:43 PM
Same here. Specially since they just made a deal with UAE national bank. :) 30mins ago.


Deal for ripple means that they will give them some free XRP. So just add to inflation.

There is 100 billion XRP, but only 36 billion so 1/3 is out yet. They have plan to give all out in next few years. I dotn think price will go up much in next years because of that. It mainly fall down last 2 years.


But this is not Ripple main problem. Ripple main problem is centralisation.  It is run from one center and not like Bitcoin or most other crypto from many nodes. That makes it vulnerable. If governments see danger in Ripple will close them. No one can close Bitcoin.

You may not remember e-gold (https://en.wikipedia.org/wiki/E-gold). e-gold is what many consider as a step to Bitcoin. Understanding it for sure helped Satoshi to make Bitcoin. e-gold problem was that was centralised. In 2005 their office was closed by USA government and they get under investigation. a year latter all charges was dismissed, but since they were closed for 1 year they never been able to get back so successfully as before.  If they would be somehow decentralised,  no one could stop them. They could file charges, e-gold would still work in mean time and after charges would be dismissed no big harm would be done.
Ah does remember egold.  Ah'm old schnitzel,  an' I remember FLOOZ when whoopie goldberg were promotin' it fore tha shit bubble popped all ova us inna outhouse.  Don't know bout ripple, but I heard this argument befo'.  Any coin thet a gov'n'ment kin shut down ain't worth its weight in magic mushrooms.   An you gots to consider thet it's one a hundreds of coins from which to choose,  so why inna name a WHALLAH would you buy it?  I sho' wouldn't!


Title: Re: How is Ripple for investment?
Post by: motodor on February 04, 2017, 04:08:43 PM
I XRP coin coin promising ... This must be kept in the portfolio, but reasonable quantities ... a long-term investment and you need to have the patience to make a profit ...


Title: Re: How is Ripple for investment?
Post by: thebatletbet on February 06, 2017, 06:09:08 PM
xrp is good coin, only one altcoin can support direct fiat money in riple gateway system
but is xrp total supply is very big, ussualy total suply big coin price is low and cheap, example dogecoin


Title: Re: How is Ripple for investment?
Post by: Ayers on February 06, 2017, 06:19:39 PM
it's bad do not invest it's a centralized scam, it is used as a salary to pay their "workers", and its supply is increased at will, a bad joke


Title: Re: How is Ripple for investment?
Post by: anonymous2061 on February 07, 2017, 12:29:09 AM
Ya. I bought it a bit ago. Sold it within a day. It smells like scam. I don't even know why Poloneix have them listed.


Title: Re: How is Ripple for investment?
Post by: Febo on February 07, 2017, 06:49:52 PM
Ya. I bought it a bit ago. Sold it within a day. It smells like scam. I don't even know why Poloneix have them listed.


word scam is here way over used.
Ripple is not a scam it is centralised crypto, that is given for free to those that are building infrastructure for them. So here you have answer why are on Poloniex. Ripple labs paid them with Ripple. And only 1/3 is given out so far, that means  that it is a bad investment.


Title: Re: How is Ripple for investment?
Post by: AbsoluteT on February 08, 2017, 09:30:16 PM
I can't see how ripple could have better returns as a investment over bitcoin honestly.
It's market cap is so high if I want more risk it's better to look at smaller alt coins.
and for more security better to just get bitcoins


Title: Re: How is Ripple for investment?
Post by: arbitrage on February 12, 2017, 01:00:23 PM
Definitely bad investment, and if one day becomes interesting for use,  you will be alway able to buy it even cheaper than now. So forget it for now, there is so much better investments at this moment. Don't lose your precious time on it.


Title: Re: How is Ripple for investment?
Post by: ivanst776 on February 12, 2017, 03:51:50 PM
Ripple is one of the cheapest crypto's out there. With one of the highest market cap. Secondly its the most marketed crypto too. The only problem with ripple is inflation. What do you guys think about short term and long term return on this crypto.

Ripple has been in the market for a while and I think that it worth investing in XRP.

As far as a I know stellar holders (known as LUMENS or STR) will receive their "dividends" in ripple or ripple holders will receive STR.


Title: Re: How is Ripple for investment?
Post by: Stavri on February 12, 2017, 05:36:15 PM
It is really hard to trust and invest XRP nowadays for long time. But i think you can gain some money with short time trades if you can check hourly.


Title: Re: How is Ripple for investment?
Post by: rohitjana on May 02, 2017, 05:26:06 PM
Hi believe this is one of the reason XRP is not listed in Coinbase.

I don't think XRP can be treated as an asset class.