Bitcoin Forum

Hello Everyone

Is XRP centralized or decentralized? and why it's not moving? What's the technology behind it? Explain to me experts. TIA

XRP is token for bank financial transactions in in the block chain world. It is a good concept and banks are trying to adopt this technology to make payments from one part of the world to other in seconds .

Currently they use the SWIFT method which is too slow. When ripple is adopted by banks then financial transactions will be fast and cost less for money transfers.

It has more market cap that's why it is not moving as expected as there are 99 billions tokens. Since there more for circulation. Supply is more than the demand that's why I feel the price is not going up.

Senior members and experts can pitch in their opinions.

I'm having the same problem. I have bought XRP when it hyped and now i'm forced to sell them low. I don't have a choice. It's not been making any movement and i'm afraid it might go down even more.

I do not know why it happened, but it's good. Where all alt dump, xrp instead and still stable at the price of $ 0.17 - $ 0.18

Centralized, and they can create how many coins they want. That's why it's not moving.

Since the Repple token is used to speed up the speed of financial transactions within the global banking system, this is a very promising coin. Given that now all the crypto currency is going through a big recession, this also touched the Repple coins. The introduction of a new technology using this coin into the world banking system is a lengthy process, since it provides for a lot of different approvals within the banking system. Therefore, this coin does not move as much as we would like.

Their marketing team has been doing a great job to increase the price of XRP. I think it has reached its peak for this year. Let's wait for some more time, next year maybe.

All coins go down, so does Ripple. But Ripple is still stable

Although Ripple can keeps its price stable recently, but do you think it have future?
Because the nature of Ripple look like as a token platform than an altcoin on the market.
Or you can understand this coin is an asset like other ICO tokens. :)

Ripple is created for the stuff wich will be killed one day by Cryptoworld - for banks.
Centralized as hell coin for banky guys,with a huge cap.

It might go down more,while decentralized platforms will shoot up (especially after chinese issue)

The reason Ripple might now be going down as much as others is because the majority of the tokens are held by the Ripple team. Unlike most other big cryptos where the tokens are simply held by the community. The community has a million reasons to sell - Ripple (team) doesn't have many.

Ripple is centralize they can create how many coin they want.
Idk for sure why ripple still stable even when other coin going down but maybe it's because majority of ripple tokens are held by ripple team.
And since xrp speed up the speed of financial transaction within global baking system it's make this coin is very promising

Am on XRP and I have the same problem. Am pretty sure than one day it will go up, but in the mean time am loosing all these other opportunities on new ICO and coins that are on Hype now or atleast after this bitcoin issue.

But atleast XRP did not have the fall of the other coins.

Is like it is not affected by the whole ecosystem.

it is centralized but what does it even matter regarding the pump and dump?
XRP was heavily pumped and now it is in dumping phase so it won't move and mostly go down over long term until it reaches its real value and the real bottom.

what matters are two things: supply and demand.
the usability is null which means there is not much demand for it apart from when it is being pumped.
the supply is the coins in circulation and that is ridiculously huge.

huge supply + no demand = dropping price.

One thing that makes me suspicious of them is their pricing difference for individuals and corporations.
checkout their page and you will see the difference:
https://ripple.com/xrp/buy-xrp/

The questions I would ask them to be honest and have a fair pricing for everyone. >:(

After reading 2 times they can create more, i want to see the proof of that? Because afte rlong research i havent found what you are throwing around lol.
Please stop misinforming people.
And for other questions you guys can look around at xrpchat.com.
I always find what im looking for when i use Google correctly lol.
dyor

Centralized currency. I'm in big red too, never should have trusted banks. Never again!

Yeah guys thats the point, you listen to random butthurttalk experts wich say things like,
banks are bad mmmkay
Or
They can create more

And then it starts pumping and no one is sure about what others said and then you end up in buying the top and coming here to be salty about YOUR OWN DECISIONS

Bro check this site https://bitcointalk.org/index.php?topic=1381669.4900 246 pages of discussions about ripple/xrp

30% rIPpLe iS a sCaM
70% legit arguments

it is the most centralized altcoin of all time and it is moving but it is moving down because people are mostly dumping it and whales are slowly exiting with their profits.

if you want to invest you should always invest when the rise is coming not after it is all done and over. there are a lot of other coins out there. don't ever limit yourself to one just because it is up in some list.

As posted before, please give a solid proof how centralized it is!
how can you explain this ...
https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/

HONEST, I'm a little disappointed with XRP coin, until I think this is junk coin, because what a few months ago I bought a fairly cheap price I think, eh it actually went down until now not up. imagine how much loss I thought could rise above the price I bought. already 5 months even the price dropped once. so until now I do not believe in this coin XRP.

As before, poor decisions led you to this conclusion

Ripple is a promising coin because it used in speed up of the financial transactions of global banking system. Whole crypto currency market is in big recession, this also effect the Ripple coin price, Hence, this coin does not move as per its earning potential. It has long future and big earning potential, so it can rise anytime to upward direction.

Ripple has its own strength due to used in speedy work of financial transactions of global banking. The market is in big recession due to some bad news from China, it effect the Ripple coin price, so this coin not moving to its earning potential. It has big earning potential,it will rise to new highs in future.

Eventually, XRP will be decentralized.

You can read this:
https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/

Of course, whoever bought it at a high price will have to wait some time for it to go even further up. Don't forget that it took almost 2 years to move and usually XRP moves when nobody is expecting it.

My friendly advice would be to HODL - eventually, it will reach $1

Coin will move as per improvement when XRP will improve then it will go up because when making improvement than it will create a good hype and interest of investors and then price create good green candles.

xrp ripple = hodl , longterm investment

The lack of decentralization is the main problem indeed. BTW banks and financial institutes that used XRP are not interested in huge volatility. They like only XRP technology, not crypto.

Not a single XRP has been sold for a Month and a half, only the existing once getting traded back and forth.
In a Month or so Bitcoin will have 80% of all coins on the open market. XRP falling daily further behind and still need to sell almost 61.65% of total.
Disaster in the making.
By contractual agreement R3 is buying XRP for $0.0085 USD (the real price as agreed by Ripple and R3) a piece for the next few years which they want to resell with a few thousand percent mark up.
Who is going to pay $0.18 USD per xrp when the last holder paid $0.0085 USD for it?

Added to total supply:
https://i.imgur.com/jmF72Hv.png

Do not sell xrp before the SWELL conference in late October, price will go up then. Then if you do not believe in it, then you can sell. For me it is 40% of my crypto portfolio and I do not plan on selling in the next 3 years at least.

How is your FUD campaign going? All cool? Not nice to see you again with the same already debunked nonsense lol. Get a life.
Buy some shitcoins and enjoy your amateur life

Its moving but its not moving like before because before market was not much mature so coins were moving crazy but now people get awareness about the market so they do not pump all the coins like before now only good coin go up more and old coins not move much they will only move when some good news will come in their coin.