Bitcoin Forum

• it is explicitly (or at least formerly) not considered a currency
• it is centralized (the company can freeze accounts if it wants, create more coins, or be sued)
• it's major use case is for inter-bank transfers. So if Bank A and Bank B was to exchange currency x for y, they will use XRP in-between. But this gives no value to the currency itself, it is just used as an intermediary. Is it conceivable that Ripple the company will not have enough XRP for these internal bank transfers and they are going to have to buy them back from the public??

So it seems that XRP has no value outside its use by the company Ripple. Is anyone actually using it for commerce or any other reason? It is not considered a store of value like bitcoin (in any case one would want something decentralized.

Your third point is probably the reason. People hear "banks use it" and they heavily invest in it, because banks are trusted these days. On the other hand: transaction times are pretty fast and fees are usually pretty low, so it is perfectly usable.

Is this a joke right ? Or a big promo ? one of these 2 anyway. Ripple are the bankings systems and we all hate banks here so only the bank lovers will buy ripple and hold ripple. It's okay to speculate the price and other things but I wouldn't keep rippple anyway.

Perfectly usable for what? Is anyone using it for said purpose?

Im afraid nobody is using any altcoin for anything that isn't pumping and then dumping it for more bitcoin.

Ripple is a total shitcoin, it's pointless if you care about anything that isn't moving money fast from A to B without the underlying details. Any shitcoin can do this. Dogecoin can do this, any of the bitcoin forks can do this, this is not the point and this is not why bitcoin is valuable (only a part, but not everything).

So the answer is obvious: speculation. Ripple is pumped by X Y or Z big company = speculation starts and we have these peaks on the price, that is all.

Like all other crypto. You buy because the price go up. At the moment use do not matter that much. Speculation for the future only.

For transferring cryptos. I know a lot of people in my vicinity preferring Ripple for transferring between exchanges because of the speed and low fees.

I think also point 3 is the main reason.
My first Coin was Ripple, for that reason. Banks use it, banks do not want to lose money.
When I dived deeper into crypto I sold the coin, unfortunately, if you look at the course, too soon ...
But I can live with it. In my crypto career Ripple will never hit my portfolio again

Edit: But i have to say i use Ripple to transfer my funds from one exchange to another bcs honstly its fucking fast and cheap

The very reason the moment I was gonna decide to buy more Ripple coins is that it's very cheap and it is one of the top 100 Altcoins so I know Ripple will be going somewhere so I grabbed the best opportunity while it's cheaper than today.

Indeed, that's the main reason behind because time is ticking and and the moment you waste time you'll gotta waste money and coins also.
Now, knowing that Ripple is one of the future coin and some banks are going to support it is just a lucky decision.
My experience is I read their white paper and the company background after I bought bulk coins in the trade.

Why use ripple ??

https://ripple.com/xrp/

WasTriffin ..

+1

Not enough sane threads like this in the sea of greed and bullshit.

I see the ripple movement in various markets is very good and also increased, I think someone is not wrong choosing ripple coins as a purchase destination for the sale in order to gain profit.

Yes there is a lot of hype about banks being interested in ripple but personally i will like it more if it was a bit more decentralized.

there is a possibility the price of xrp, or ripple will be higher in the future. for now the price is still below $ 2, but when the price is $ 2, it will be a very good advantage for the person who held it.

Absolutely agree with everything. I hope this shit dumps hard soon. I don't want to see it overtaking Ethereum in capitalization. I don't even want to see it in top 100.

Its pretty obvious why, because they feel it will rise higher than $1.50 and that it will last longer than most other coins.

theres a lot of people in crypto world thinking that ripple isa sleeping giant and thats why more investors and whale are holding  XRP since then till no wand waiting for the burstfire of the price in the market. well, im holding some of it too.

Ripple is no doubt a great investment for the long term run, it has a great future because of its good supply and the features of Ripple are somehow attractive for the investors to make their large investment for the future because it is still undervalued and affordable. Ripple is also highlighted on the great exchanges and its being accepted by the banks.

Ripple has a very strong support of community despite of its drawbacks. Now it could be considered as a "stable" growing coin.

I think the low fees and fast transaction speed are the main reasons people are investing in it. It can handle 1500+ transactions in one second compared to 56 of LTC and 16 of BTC.

People who have invested into ripple might have gained back the profit. Because, the growth is happening gradually but in a sustained manner. Even when entire things get into the decline, ripple seems to be on the growing edge. This has made large user network to grow with trust.

I think the reason is pretty obvious. The banks. No matter what we say about banks, but we still need them currently. Most people (especially non crypto people) still trust them more than cryptos. And banks around the globe are seriously considering blockchains as the next step. Out of all the available blockchains, Ripple suits them best. As it is a blockchain, but still centralized enough to maintain control. There is a company with which banks can interact with, rather than no centralized authority for coins like Bitcoin. Even in India, many major banks are testing the Ripple blockchain.

Here we should note that importance is given to ripple blockchain and not the Ripple coin. But obviously the coin benefits from all this. I see a huge demand of Ripple in the coming years as many people who don't invest in cryptos (because of lack of trust in fully decentralized coins), might see Ripple as a better option to enjoy the benefits of both the crypto and non-crypto worlds. I guess all these things lead to the purchase of Ripple.

I think the bank prefer that people buy Ripple than Bitcoin, as they are controlling Ripple. People are buying Ripple just for speculation.

Speculation I guess, they've paired with some big names though (Amex for example) which will help push the price up. The idea is also good and that'll play a fair part in pushing the price up

It's useful for banks. Banks already have major influence that they can use to sway public opinion and desire. Plus, with the price going up the way it is, people see it as a profitable opportunity. I don't see it being much more than that personally.

the rumor that it's going to be listed in Coinbase also helps it a lot lol...

The main reason is because its cheap. Many people who are new in to crypcurrencies thinks maybe it raises like bitcoin. But i it never will when you watch the max supply. So maybe they can be worth some dollars, but no more.

I think that 3 option is more suitable for use. Although I may be wrong.

They know that Ripple is somehow backed by banks and they bet that this will lead to huge gains for them. And then it just becomes fashionable.

Ripple has big support and investments, it will be implemented by banks, as a result people understand that XRP has true value.
Last weeks Ripple is the one of the stable of TOP coins, while BTC with others go down, Ripple continue to grow, so people buy Ripple to protect their investments.
I also bought XRP and TRX and every day gain good profit.

You just nailed it I have recently converted my funds from litecoin and bitcoin to ripple as ripple looks more stable and can be used by banks as it has been designed for the bankers and it has been on top ten list of crypto currency from a very long time and this is the right time to go for ripple as it's value is increasing with leaps and bounces.

Most people are buying xrp because they think it is cheap and can moon to prices like eth not understanding that the supply of xrp is just too big for that to ever happen.

I saw a lot of people are buying ripple but i think it is because ripple will be added in coinbase wallet list.. just heard this thing in facebook group since coinbase lots of client and customers some of them will be invest in ripple because they know there are many people are supporting it.. and i know the price could be possible to increase its value..

I think its dumb newbies buying, that dont understand ripple is a centralised shitcoin thats worthless garbage (I'm not a fan if you cant tell)

i think they do that because they think the banksters that created ripple will print communal currencies, scam all imprisioned souls that work for it and buy with it their own cryptocurrency (ripple) to pump it up in the market and make it look good so people run for it and work for it.

and since they belive in this established banker money press strategy, they buy ripple,

but there are also those that do not believe in the success of this banker strategy but that want to make profits from those that do believe in this banker strategy since they cause a higher demand,

like me i temporarily own ripple, to earn money from those that believe in ripple and their strategy, people in asia seems to believe and speculate a lot on these western bankers

hope this helped

There is one group that wants decentralization and a worldwide monetary system, which will not happen without one world govermnent. This group buys into the idea of bitcoin. As long as the banks and governments allow these cryptos, they have appeased this small group and the group keep isnt hurting anything.

There is another group that see cryptocurrency as a way to take advantage of the first groups efforts, and this group does so to make money. They dont care about decentralization. They see XRP and Ripple as a stable long term system to increase their investment. They believe that the banks have a vested interest in making Ripple work well. For a bank, using Ripple reduces transaction time, which makes that money available for other uses, including bearing interest. The reduced transaction costs save a lot of money for the bank. XRP allows governments to maintain their sovereign currency and gives the bank a medium for conversion. So governments and banks will opt for the Ripple or something similar. This, coupled with the belief that XRP will continue to increase in value makes it the coin of choice for this group.

Ripple XRP is listed high on Coinmarketcap for a long time. It's centralised, we all know that have pros and cons but it definitely proved to have a good team and constantly improving the project. XRP is in Top 10 CM for a long time, personally, I think this is the main reason people investing in it, its stable and the price is increasing, the team doing a great job and it reflects 3rd place on CMC. Ripple is very recognisable as a kind of crypto "brand"

I dont really know ripple is centralized.  If it is so, mean this is very big problem.
I actually have interest with ripple but if i know this before then i will switch to decentralized one.

If you didnt know, you should do more research before purchasing any crypto. You seem naive.

To sell at higher price, as usual.

Greed. A lot of people don't really care about what crypto stands for they only want to make some money even if it means being the banking cartel's dog.

Your third point is the most valid. Being able to invert on cryptocurrency that can be adopted by banks is definitely a good investment, talking about the cryptocurrency philosophy is very different to Bitcoin. Anyways no one can deny is a good investment

People are buying ripple because of its low rate, which they are believing is still going higher.

Basically because there is a lot of FOMO going around. Including the speculation that it will get listed on coinbase next.

For the same reason everyone buys every other single cryptocurrency. To sell it later at a higher price.

People invest in ripples due to its low price and also hoping it will have a better future.

Talking about the alternate coin that surpasses Bitcoin Cash's in market cap and having a cheap price at 1.xx plus can somehow lure some investors to invest in. So there is no doubt why Ripple is having its market cap bigger and bigger each they and it is even closing in on ETH.

People who don't know any better seem to buy it , because they think it can reach bitcoin prices.
But with that supply it will be impossible.

Well, the ripple now gives great hopes, that's all and they want to buy it.
He has strong support, a good team. Here it also gives hopes.
Well this is my opinion and it can be wrong)

Only because XRP cooperation with many Banks, and has the actual application, block chain to eliminate the distrust between the bank and the bank, in this respect, XRP did very well, and that's what everybody investment reasons,

There are reasons not to like Ripple, but realize that many people have put a lot more value into other coins that, while more crypto-centric, are not worth the value people have put into them. I'm not advocating for Ripple, but some of the reason it could beat other alts is that it is fast and can be used for payment. It is backed by a real company with a lot of real clients. So, that reduces some of the fear of the Ripple team running away or simply failing. Again, while sure, they are not purists, they are still accomplishing a large part of the core mission of crypto - to replace fiat as a means of exchange.

Again, not saying I love Ripple, just that I do see why people might buy it, other than greed or to flip it.

same thoughts... it was one of the big coins with a lower market cap, so for a newbie "potential for moon"... I want that what others had. Ripple sounds good and such a low price.... same with litecoin (but its not a shitcoin like ripple)

because Ripple is slowly breaking through the coin ethereum, so naturally everyone is starting to invest in coin Ripple because in the future the price will keep increasing

What does this mean? What are communal currencies and who are the imprisoned souls?

The criticism leveled against Ripple Coin / Ripple inc. since it's inception many years ago continues to be ignored because the vast overwhelming majority in crypto have no use what so ever for any form of ideology.

They all came here to make money (real money) off anything paying out.
And when Ripple deliberately dumps more coins out to jump the CoinmarketCap standings it makes the scammy assholes peckers hard.

If give a baby aids rape a grandma coin came out and it was paying out moon ROI'z it would be popular.
People here are scammy pieces of shit.. hell bent on driving crypto into the dart as hard and as fast as they can.
They know it but don't care.
And will simply milk it for anything they can until the last second when it collapse.

I watched the SCRYPT cloning craze take hold of the scene years ago and people lined up to defend it all.
Back then Coindesk ran a news story saying "The more coins the better"

Swap SCRYPT with ICO and it's the same crap all over again.
Except the idiot noobs here now.. have no idea that we had a massive recession where coin prices simply kept dropping.
They are piling in here fast and hard thinking it's all up.

Nope.  :D

Wow, a lot of really interesting POVs, a lot of good observations.  As a noob I'm amazed at how so many cryptos boomed in December, think it was because of exposure to the wider world by bitcoin exploding in value. Why Ripple has exploded even more I think is the bandwagon effect as it skyrockets along with the cheap price, relatively speaking.

 Even if it isn't, 500 ripple coins seem like a lot more than part of one bitcoin and with it going up 65% today, blowing by Ethereum and firmly establishing itself into 2nd place who knows how high this one's going to go before it pops.

What sucks about Ripple from my POV is that from what I've been able to read it's a totally centralized system, controlled by a bank or banks and they can do whatever they want with it, all of which is anathema to the things I love about crypto.

Yes the price boost to the moon this day the reason why ripple hit that price is because of demand in thw market and the news about ripple potential are spread in the whole crypto world they surpass ethereum and became the no. 2 altcoin in coinmarketcap.
When you regret to buy ripple at the low price then I suggest to wait until the price dump and buy more ripple. After 2 years this ripple hit the all time high price and Im sure theres a big whale who put their fund to ripple.

I think the coins has been controlled by some very big whales, and they can pump the price to be very high and sell their coins step by step, so I think the potential of the ripple is limited, it is better to buy some other potential coins.

people are buying ripple! not because they hate or love the banks, people are just getting into the hype of the alt, ripple is all over the social media and trading market and keep rising they bought ripple to hold it for a while and trying to gain some profit on it. this is not about what you love and what you want, this is all about gaining money!

Since these coins are promising for the time when compared to other coins, that's the main reason I choose ripple. But if the future later nothing better could be will switch to the other.

They are buying to make profit I would imagine, buy low sell high then on to the next to make some quick profit.

Ripple @ 2USD is not a "Buy Low" I sold mine weeks ago, that was low ;-)

Haha well someone's low is always someone else's high. But it definitely isn't my low ;)

Because it's hype "Ripple are growing, let's buy it!". At least a half of trades in cryptoworld are made for this reasons: somebody start screaming and the herd is bringing their money to the traders.

I completely agree with you here. I feel that Ripple has a lot of potential and I knew that it would grow over time, but I never expected that it would skyrocket in this manner which is a clear sign of a pump and dump in my opinion. I think ripple will get dumped like crazy once 2018 arrives and I think that this is the time to cash in on the profits before it is too late since it is bound for a correction. I think that it will stabilize in the 1.5$ range in January 2018.

Agreed. So how the world goes, the same situation are happening at the real market of shares and stakes. It's always about a hype nowadays and it's sad.

Peoples are buying Ripple because this is a banking sector coin and now the top second leader of coin market cap, which is a land mark for this coin.

Ripple is a good banking related coin and many global banks using its technology for transactions and now its comes at number two at coinmarketcap and catching new investors eyes and they are buying it for future earnings.

Because people doesnt care what will happen in the future?we all need to get more BTC thats why i am joining the hype.

History is littered with pyramid / ponzi schemes.
The perversion of the world of Altcoin is a perfect example.
Few if any of these people are aware of past scams.
MLM's and various other schemes were huge far before this crap came along.
Whats sad and stupid is the idiots here don't know and don't care even when they are told their ponzi pushers.
They simply count their money and say hey, i got cash so it can't be bad.
WRONG.
Idiots in crypto are oblivious to the fact that Bitcoin was created precisely to avoid scammy garbage just like Ripple.
And buying XRP coins for BTC profit is the same as SUPPORT.

"Crypto" is dead.
It's a joke.
It's a shell of what it once was no matter how many more people show up pushing BTC higher in FIAT price.
The whole who cares buy anything to get more profits attitude killed it dead.
There is no going back once the greedy bottle was opened.

Crypto proved nothing more than the undesirables will flock in taking it over.
People started this over ideology and that was shot and pissed on to further support for shit coins.. and FIAT.

The question being answered on this topic here shouldn't be why is the price high..
The question i am wondering is why the fuck would you all care ?
If it's bad then it should die.. but it doesn't does it ?
You all line up to bad mouth it.. then tell us all how much money you made off it.

People buy ripple because is an altcoin with a low rate, and to hope for a huge gain.

The fact that even if it's a crypto currency what happen in the real world can also happen in digital world and vise versa.
People are buying now because they see it pumping without even realize that it's not a good entry point and they can even loss. Xrp is being manipulated by big whales and we don't know actually when it will subside even you're good in reading the graphs. So better be cautious.

I do not own ripple and im not buying it, decentralizes currencies is for peer to peer transactions cutting off the middle man (BANK)

Exactly. Cryptoland has very much become a gambling house like wall street, people speculate based on hypes and rumors and moods and not on the underlying real value of the asset.

I've bought and sold a lot of ripple over the past few days, ultimately increasing my bitcoin holding in the process and increasing potential profits. Let's face it, a lot of people are only investing in crypto to make money (fiat) otherwise why else do you see headlines such as "I'm now a millionaire" etc.
The growth in ripple has helped me increase my holdings in bitcoin, and with the lowered price of bitcoin right now, any increase in the price of bitcoin means I'm turning a bigger profit than if I had just done nothing and sat on my original bitcoin holding.
To chastise people for doing this isn't really fair as we all ultimately use fiat currency every day for our daily routines and to chastise people for seeing an opportunity to make a little fist through buying and selling a crypto is wrong.
Whilst a lot of people don't understand the reasonings behind crypto, there's a lot of people who do understand labour making profits through speculative investments, of which this is a form of.

So there I've said it :) I'm riding the ripple wave at the moment in order to maximise my own personal bitcoin holdings :)

If its because of hype, people should be more careful because you might left behind on top and holding on it while the price are dumping. XRP is a great technology also, but because its centralized, I really doubt on this. Well I personally hold some of it and planning to sell it right away.

I bougth some Ripple, you can know why?
About my short experience i noticed that Ripple have a big market cap 7M btc and it's speed and low fee for the transaction or for trading. i can read a good informatiom for their future

Totally agreed mate. I'm warning all of my friends about it. That really looks like trap to me, organized by those huge whales. It seems like they are trying to get as much as people in before they dump it very quickly. Please be careful, observe more before you buy it.

the reason is so simpler than you think: because it is rising.

that is how things work 99% of the time with altcoins. when people see a rise and in some cases when the pump group leader tells the sheep to buy, they start buying that coin and the price goes even higher.

if you look at the charts it sometime have stages of the rise, first they pump it then the early "watchers" come in and finally the newbies rush in guns blazing wanting to become rich with that coin that is already pumped...

People see a huge increase in capitalization, the appreciation of the currency itself, read about the prospects, favorable contracts and looking at the future buy a coin. This is not a stupid pump, but a reasonable growth. You can treat the product badly because the founders hold all the trump cards. But the product itself will not become worse from this.

I think the ripple is an excellent speculative investment. The more banks start using ripple, the more people buy it and its price grows. One of the recent news on the ripple resource is- "The Japan Bank Consortium - a coalition of 61 banks in Japan, organized by SBI Ripple Asia, two of South Korea's largest banks with a total market capitalization of more than $ 30 billion." Such news only confirm the prospect of investing in ripple to make money on it.

I Agree people buying because of hype and they just flowing with the wave  with the current volatility in crypto market where in most of the coins are dropping down including BTC and ETH  here in XRP it has its own bull run which really give you good profit in you buy when it was just starting to fly but be careful  we don't know what whales are planning here

Its very simple guys, financial institutions pumped the price of BTC now after they collected the profit, they are investing in ripple because ripple is their currency thats in their control and the "sheeps" are following the trend .

I have serious thought about this one.
People are buying ripple because other people are buying ripple, there is no other logical explanation.

I f u do a little research u will find out not a single Bank is using Ripple/RPX. Just some Banks using Ripple Protocol, not the Coin, and that is what this Coin makes so dangerous at this stage.
People only read "Banks are using Ripple", after that they buy the Coin without any further research.

I believe RIPPLE will be used by a lot of banks in the future and it will be the Banker's choice, along with STELLAR LUMENS. I believe now it has undergone a big pump and may re trace a little bit but it's on an upward trend. I wouldn't be surprised if the bankstas knock Bitcoin down to 2nd place and get XRP to be the top most coin on CMC. let's see what will happen in 2018, time will tell. It's cheap and fast I guess to use and that's one reason people are buying it. I don't have any myself, I missed the boat.

I only bought Ripple twice,   first was my early days on this forum. It was a big mistake I promised never to repeat. Second was few weeks ago(I don't know what got into me then).   I remembered  promising myself never to touch the Altcoin anymore due to the issue of Centralization ... i sold everything off.   I am not sure i made much profit from it, (fortunately)

I Will Never Knowingly Participate In Anything That Breaks The Principle/rule Of Cryptocurrency AND Blockchain.

I'd rather be poor.

i believe people are buying ripple because ripple is very hot now, it has so many advantages than bitcoin and all other altcoins at its platform is unique and fast transactions, also the fee for every transactions is very very cheap, that we will very sastify when we use ripple, that is why more people are using it more and more and the price is higher every month.

As far as I know most people hate banks. Only can't afford people are using bank most of the time. That's what i know about it
. Aside from it xrp was always good in hyping people to get the attention of others to invest to their coins then they will pump the value and in the end dump of course.

I think most newcomers to crypto will buy XRP, especially since most do not understand the story behind it. Also, many think the banks will support it in the future. Just my thoughts.

You mean a very few ignorant people dislike Ripple because they see that banks will use it. They stopped reading about Ripple there because if they continued they would see that banks have zero control of Ripple or RippleNet. No entity control RippleNet. Its a decentralized system for quick payments for you and me.

Anyone that dislike Ripple because banks use it, need to take off their tinfoil hat and face the fact that banks will never lose or go down.

Anyone that supports the shitcoin Bitcoin that steal your money with high fees, and talks crap abput Ripple that is almost free to use, should be ignored.

I agree with your opinion, but we are in the world of cryptocurrency for want of decentralization. And the emergence of Ripple makes me hesitate with this one coin. On the one hand, it has great potential, on the other hand, it is centered.

yes the only thing ripple can do is doing fast transaction. so basicaly ripple has no value beside transaction. better invest in XLM they even have a charity to make world better. but i would choose IOTA even thought iota is not base on blockchain but they have briliant idea for transaction security.

I can agree with this thought, Ripple at the end of the day is better in most ways compared to Bitcoin. The Centralization side of things can be argued though, as its not as clear as we think it is.

I already sold my xrp on 17090 sats: I started to hold it on 1569 sats.
I sold it ASAP when I heard the news about the plans of the banks.
We all hate banks, they want to manipulate and control our world.

Correct me if I'm wrong. I think people are buying xrp because they want to increase their
BTC volume but not to HOLD the XRP forever.

Probably because it will give them so much profits when it reaches another all time high,

It's amazing how some people think it's acceptable that the Ripple comapany still holds 61% of all XRP.
Also the founders still have at least 10% on top of that.

Now there's lots of people shilling this crap, just so they can get a few crumbs, helping this company become very rich.

Majority of people buying Ripple are doing so for speculative motives. Not necessarily that they love Ripple, but they buy it with hope that more demands will drive the price upwards further thereby giving the a reasonable return on investment. I buy XRP because I want good ROI in the future.

People are attracted to coins having quick growth.
They believe that this "price rocketing" can be continued in the future. None knows exactly what is going to happen.
Ripple is a centralized coin and it is created by bankers. You can't mine it, all the initial coins belong to the creator of the coin.
So if the owner/creator is pumping up the price and wants to get the money and leave you are doomed.
There are many other decentralized coins that worth having them.

Ripple is a good banking sector coin and many global banks working with its technology and it comes to number 2 place in coinmarketcap and now more new investors are interesed in it to add it in their portfolio.

People buying Ripple either:

A. Have no real understanding about the crypto revolution

B. Think they can 'time' the banking collapse and believe they can get out in time with their profits

I played the B. game for awhile but got out after the recent run-up, ain't holding that deep into 2018.... no WAY!!!!

There are so many buyers in the ripple coin because the price rises but it still depends on people when they choose it, but I think it's rising because the price is rising too.

The reason behind ripple market is that some major banks have started to use ripple in their banking system and banks wilk prefer to accept centralized currency ever if their potential ability in coin. Ripple helps a lot to make inter-banking super fast, not only bankers but outsiders would also be able to take benifits from trading ripple coin. Ripple is currently leading altcoins in market cap

*Disclaimer*  I own Ripple and bought a lot a month ago.  Still have it.  

I have noticed in the partnerships with banks they are using Ripple as their test chain.  The long term development is not to solely use Ripple but use it as a middle-man while the banks develop their own block chain.  

So the long term use is iffy, once banks get hip to their own block chains.

However,  some of the smaller ones could just decide to use Ripple indefinitely because of the low-fees/transaction times instead of building out their own.  Don't expect JP Morgan or Wells Fargo to use Ripple for anything.  They will build their own.  

I was really surprised at how fast the transfer times were.  (A lot faster than bitcoin or even litecoin)

I wonder what coinbase thinks about it.  

Will they put it on their exchange because they see it as a long term diversification or will they go with something like Dash or Monero which has more long term use?


Anyway,  my 2 thoughts.

A digital currency's market price plays a big factor that people are investing on that particular digital currency. In Ripple's case, it has a very cheap price where you can buy it in much bigger volume and since it is also evident that its market cap is big which is third, people continue buying on it until its market cap surpasses ETH's.

Even a small pump of digital currency's price can mean a big profit.

I bought in just out of speculation :-)

@.96

Because of the possibility of a higher price in Ripple. Its the only coin in the list to top 5 crypto which is less than $100 even.

Of course to make money from the money ;D So far there has been a lot of discussion about it. I think Ripple is one of the few cryptocurrency that is very bright for the future.

It is just all about FOMOing, fear of missing out. They thought that the expectation of the early buyers and those manipulators that the price will continue to go up but they didn't know that the market is just being pumped by the manipulators and also the FOMO people and if you are really into great technology and investment then do more research because ripple is not the only one.

because ripple has many fans and of course the resulting huge profits, hence a lot of people buy a ripple that they got a big advantage.

Beccause ripple is very open to manipulating and pump&dump. And the ones that buy xrp have a chance to make a really good profit. Of course with their own risk  :)

In fact, Ripple is more viewed as an Internet technology that allows you to make financial transactions. Initially, the company Ripple Labs did not plan to create its own crypto currency, but was aimed at the banking sector - to provide a unique form of payment for banks. The new technology allows for internal settlements, international settlements between banks in a faster form (reducing transaction time), safer and most importantly with a minimum transaction value.

Exactly my point. I have been telling this to my friends countless times but they just won't listen. Like how they did not listen that bitcoin will be big when i told them earlier this year. They clearly are like everyone supporting ripple. They only see dollar signs and do not try to go deeper and understand what is going on with the project they are investing in. Oh well, that's their choice. It's not our fault that they did not listen.

I think many people buy in order to earn in the course)))

Ripple is a toy for bankers, I do not understand how it rose to second place in terms of capitalization in the world. It makes sense to buy only for investment and this is very risky.

I also don't understand why many of people buying of this Ripple.
I see on coinmarketcap is ranking 2 beat on ethereum right now.

I do not know exactly why people buy Ripple, but if I personally buy Ripple because I'm sure the price will go up, judging from the increase in rank at coinmarketcap.com and its sales volume

Even i wonder about ripple growth from beginning i am not supporter of ripple neither i am holding single ripple nor i want to buy . Now the current trend seems like pump from the big giants soon it will be dump hard . After bitcoin ethereum always hold value based on its use case.

All alt-coins are profitable, If you have capital then everything works according to your plans, People are buying not only ripple, there are plenty of those who seems have much potential to grow, Like Iota,Monero, Dash, and Etherium, Investments are really good as long you earn a good profit from it:)

I think that people, and especially newbies are into ripple because it is cheap to buy one coin and they whant to see a lot of coins in they`re wallet, eventually they are hopping to catch the next bitcoin :)). It is pshilogical thing and it is catching up with those who believe they will become millionaire.
The second thing is that the banks started this artificial pump and newbies joined in making a few bucks but when it will drop it will drop hard on them and it will hurt.

investor want to make profit so they buy and hope it would pump. we have many reasons why we have here and one is to earn and profit. they see ripple go up so they go with it.

Ripple are the banking systems and we all hate banks here so only the bank lovers will buy ripple and hold ripple. It's okay to speculate the price and other things but I wouldn't keep ripple anyway.

banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?

I don't think banks are buying XRP. Which banks are buying it? Ripple (company) can do inter-bank transfers without either bank buying XRP.

To get profit when it increases further more. I guess it will pump more in coming months.

because the price rises so many buyers in the ripple but as more and more invest in it the price will be higher, because once in the day it hits the ethereum So ripple coin is rising.

You have point but it doesn't mean that XRP will not give you profit all.

The most common reason why many are investing for such project is the return of their investment but it doesn't that they will surely get a return. So the wiser investor will likely to stay out in this kind of project.

I think the most common reason is the return of their investment and that they will surely get a return.

Institutional investors can get Ripple directly from the company. So no bank ever is buying Ripple on the market, check how much XRP is reserved to be sold to banks and start panicking. The recent pump is for no reason at all, just Koreans pillng in.

Most people bought it because they think it's cheap but it's not.

In crytocurruncies ripple has already made a name for itself. Ripple is a long term investment for future if you are serious about making money ripple is a good option.

When everyone has already seen that you can make money on growth, it means that there is already nothing to do. Because those who have made this growth, already go out or just come out.

Their main reason is Bankery. I heard many banker using Ripple system

XRP is really a nice coin which were released by a good corporation. they have created a potential technology which can used in international payment at the banks. So, there is a bright future for XRP. You also should invest in it now to get profit in the future.

A lot of people buy Ripple, because they want to become rich. It is really true  :)

Banks never buy such coins. Most of the ripple buyers of the present time are the ripple haters of the past. I can't uderstand their behaviour really. They were saying ripple was the worst thing ever, then they decided to buy and trade ripple on exchange websites.

Because they know deep inside that Ripple is awesome and will be the biggest coin of 2018  ;)

You can easy think to buy any coins base on the developer and in the community so that's why they invest in ripple like also btc cash.There's a lot of coins that you can see develop good even the price is not good now,i think you need to buy it even risky because if you know btc value when it run here in crypto it's just a little like the other coins here that run now and you believe in any investing in a coins here because you also want to earn.

i think Ripple came on second number in website that i used and it will expect to increase much in the future. i think thats why people are so interesting in buying ripple

One reason is because they could profit from it. 2nd is it is being hyped that is why the price shoots up, remember that this are bankers that has a money to control the price.And 3rd is be realistic. Banks won't go anywhere, they will try to adopt in order for them to survive.

As far as I can see people buy ripple just to get profits and exit later. This is only thing I can call. I don't see many people believing ripple being banking coin. I never bought ripple btw.

Market cap is 2nd after btc, and price low. not many analyze so strong, and buy it

 http://graph.org/Ostorozhno-Ripple-Tajnoe-oruzhie-bankirov-v-dejstvii-12-30-3

to the ripple of trust there

It's a very interesting question. The possible answer is that nowadays the cryptomarket is driven by hype, news, encreased expectations and etc. There are many undervalued projects with great background, but nobody knows them and that's why nobody buys them. This is my personal opinion. I also don't understand high ripple prices at all.

nowdays is mostly FOMO - fear of missing out. The second reason is coinmarketcap page, where people see first couple of coins an xrp is the cheapest ( nevermind the supply ). Also price is quite up from olddays and people are looking for coins on the rise. #dyor

I have no idea why people still buy ripple. It seems overpriced and too centralized. It's not a great coin compared to Eth yet it has a higher mcap

Ripple is a very good coin. Third point of the info probably the main reason why people are buying and using it. Most of the people want to do the same work what the banking systems are doing and they know that bank will never do like this work which will bring loss and for this reason people knows that this coin will not be the thing that will bring loss to them. so that they can invest there without any doubt. Those people who like to invest for a long term are like it very much because it runs with long-term investment system. These are the main reason to buying it.

I looked at it from an investment standpoint, it made sense from the business perspective. I was too busy to buy it when it was at .25 a few weeks back. I bought Ripple on the 29th at $1.62 and bought 545 coins. On the same day, I bought 2,625 Stellar XLM at .32 each. So here we are a few days later and from a purely investment standpoint, I'm up $2,200 in profit and mostly from Stellar.
From a market cap perspective, in a matter of mere days Ripple is basically at half the market cap of Bitcoin which in insane. I am going to put another $2K into Ripple here within a week and hopefully before it hits Coinbase, it's going to go thru the roof at that point. If a company like Amazon starts to use it, there's no limit as to where it will go.

If we don't know a thing that doesn't mean it's useless, there is always a reason why Ripple's price keep on increasing. Banks are really supporting this coin and with that it really affects the price of it and many people are getting along the ride of this hype also and that's is normal with crypto world.

Because its going up.

It is just simple. Why would people tend to buy Ripple if it does not have mucj worth? So the reason that I can see why people are getting them self into buying Ripple is because they find it beneficial to have such altcoin either for long term holding or short term holding or it is just a great opportunity having such that have a great purpose or usage in the near future.

At present, the Ripple's exchange rate is increasing rapidly, with the current Ripple rate of $ 3.17, up more than 30% from yesterday, predicting that the coin will rise sharply in the near future. Especially this coin is behind having his big Google back against so the safety when investing in this coin is so high, so people invest a lot in it. 2018 is expected to be a boom year for Altcoin because of the current Altcoin coin such as Ethereum, Ripple, Dash, Stellar...

You know actually Spo is right, I used to bad mouth Ripple and then brag about my profit, even now I''m thinking about buying back the same coins which I've sold for $2.2 at $3.2 because my beggar senses are telling me this scam will go higher.
I'm amazed how Ripple could potentially sell one billion XRP at $3 to earn $3B while generating them had zero cost for them and then tell the people they're reducing the costs of transactions, even if they spend $1B to make 1B XRP they could have earned back that $1B by charging transaction fees.
You could never know how much they are really spending to maintain the network, no body knows, if they are spending $1 per transaction, you would never know, you have no access to the data.

Many of the true "crypto-enthusiasts" are ideologically opposed to holding Ripple due to its centralized nature. However, many of those who buy Ripple are investors that are only interested in its potential rise in price. For them it doesn't matter how you classify Ripple, its utility, or its stance in regards to traditional crypto values. If they think that the hype will bring the price up, then they can make a profit off of it.

Also, Ripple is very well a currency. It can be: a) exchanged for something of value, b) exchanged for other currencies, and c) is limited in its emission (at least so far). If the currency is USED as an intermediary - then it is used for something, aka useful, aka it has value.

Price is low? Are you sure about it? If you just have seen on how Ripple grow for just a short amount of time then you'll see on how it's quick. The price seems to be lower before because it has 34 billions for it supply and it's market cap is not questionable as it's being supported by the banks. People wants to be with the banks and don't blame the banks if they are starting to take profits.

Yes! I think so! At the moment this coin verry attrative to invest! Buy more when Ripple will grown up to $10 in midde of 2018

Well I believe it's best to hold on to your ripples... It has serious potentials... It's currently going for $3.05 8)

if ripple is so great, why don't the big banks just fork it, it's open sourced.

i do have a similar question about ripple to understand more about the hype that its having right now. What will ripple achieve for the 'normal' consumers? I have read that ripple network is between banks for cross-border payments with end-to-end tracking. But will ripple ever be like bitcoin or other altcoins where end users can do transactions with each other or buy goods with ripple without an intermediary or are we simply investing in a project of a company just like shares/stocks but then in ripple?

People are buying Ripple because they are desperately trying to make some M.O.N.E.Y!!!  Why else do you trade stocks, currency, bonds, futures, alt-currency...What else is there???? 

japan/korean banks are testing xrp right now. mexico bank is using xrp. arrington capital is using xrp. many more to come. don't miss the train. ripple will overtake bitcoin this year.

The whole point of cryptocurrency is decentralization, but Ripple is controlled by a bunch of banks and the transactions are tracked. I don't see why people buy something that is centralized and controlled by banks. Ripple is just hype. Don't believe the hype.

Ripple coin have 3rd ranking in the world and it is banking sector project which is giving best services to their connected bank across the world. Ripple have the a big market cap which is playing the major role to increase the price of ripple. According to market cap if ripple price will reach up to the $15 dollar then it can come to the 1st rank in the top 10 coin ranking which is the powerful achievement.

I don't know much of Ripple, but maybe it has what they were looking for; transaction time, fees, per second. Maybe, I don't know. Hihi.

because of ripple base on internet protocol, the payment is so cheap and fast
financial system is reachable and Interconnected finances

How do i recover my orginal acct?
didnt we get some insane 50,000 for joining site at start

For early hodler of Ripple those guys are very lucky and probably an instant millionaire but for those like me who are planning to enter at the current price I think it is very risky. I have second thought if I buy or not

Majority of people buying Ripple are doing so for speculative motives. Not necessarily that they love Ripple, but they buy it with hope that more demands will drive the price upwards further thereby giving the a reasonable return on investment. I buy XRP because I want good ROI in the future.

More and more people are buying inthe ripple coin just because the price of it is rising. But how much profit you can get depends on when you buy  it.

Google SWIFT Blockchain and you will see the protocol that will become the banking standard.

The reason behind ripple market is that some major banks have started to use ripple in their banking system and banks will prefer to accept centralized currency ever if their potential ability in coin. Ripple helps a lot to make inter-banking super fast, not only bankers but outsiders would also be able to take benefits from trading ripple coin.

Ripple is currently leading altcoins in market cap.. :) :)

The surge of demand for ripple caused it to become the number two cryptocurrency in market capitalization overtaking ethereum. It is said to be highly favored by the banks and the reason behind its current surge in price. When ripple prices rose continously, it attracts many buyers and traders especially those who want to take profit while the surge is ongoing.   

ripple have good potential in the future its will grow ups again. more investors holding in ripple They are buying to make profit and ripple top coins in market cap

Maybe the pumping and dumping team is more important than Ripple .But XRP really attracts most of our eyes.Its price is closer and closer to bitcoin .
Bitcoin is forked by many team , but XRP has only one team , so it is possible that XRP will take place of BTC one day .

Generally by looking at the price history, their has been a constant increase over the past weeks in most alternate coins in the market. Last week when the price of bitcoins fell down to ~$13,500, the prices of other altcoins increased by at least a considerable margin. Not to mention, the hype of some people built-up the crowd for a potential pump and dump scheme.
Another reason is that, some investors would ideally diversify their investments into some other coins and not relying into bitcoin alone. With this, they decrease their chances of losing everything and increase the possibility of them earning more in the future.

There is an opinion that Ripple is a product that operates under the control of bankers, whose task is to get the largest share of the crypto currency market. In addition, Ripple provides an opportunity for cheap transactions, which is especially significant against the backdrop of the huge commissions Bitcoin.

Because there are some news and articlesbthat are saying that ripple is going to be a very successful altcoins these year and they have seen us the groeth of them within the last year. We all know the power of the social media they believe in it because everybody wants to gain money but they didnt know that the ripple are just continuing to grow because they are paying a lot of attention in them. They are buying he products so the overll market value will also rise up and yhe people think it is because of the success. Yes somehow but the real reason is because of us the investors

As i know Ripple is a cross-border payment system used by banks to transfer funds/money at a fast speed but with low charge across any country around the world and it is centralized. Imagine a digital currency that is backed by big banks globally and i think that's the reason why its market cap has skyrocketed that lead to the dethronement of ETC as a long time alt with the next biggest market cap in the cryptoworld.

All alt-coins are profitable, If you have capital then everything works according to your plans, People are buying not only ripple, there are plenty of those who seems have much potential to grow, Like Iota,Monero, Dash, and Etherium, Investments are really good as long you earn a good profit from it.

I bought it because I believed that it would bring me a profit. It all happened.

XRP is a good choice. i got X3 with my first 1000$  :)

This coin has shown very good results over the past few weeks. All people began to talk about this coin when its price multiplied several times. I guess now people are buying a ripple in order to get even more profit in the future.

Ripple strongly pampanuli due to the fact that many banks began to use this coin as transactions between banks. But, the fact that this coin has grown, can hamper its development. Transactions can become very expensive.

For me I think ripple is full of hype. It is a coin people hear alot about through media seeing it grow through its share of the market cap. People who got in early are set to make good profit from it and with its growth people are buying into it.

Everybody wants to make money on the pump and Ripple has the 2nd rating in the world, and it is a project of the banking sector that provides the best services to its associated bank around the world.

Previously the price is rising in the supply as the demand for low-cost people is taken for future investment

I would vote for your 3 option, but I'll add media. I believe many people got into crypto because of Ripple. As it's supported by bank, many people in what bankers do and invest in.

XRP is a good coin though but you really have to be more careful because its centralized coin. People are just want to take profit easily that is why trading with XRP is good for them. The transaction fees are lower compared to bitcoin and I think social media gives big impact on the price of this coin, but if you hold much XRP then you must watch its price from time to time.

investor want to make profit so they buy and hope it would pump. we have many reasons why we have here and one is to earn and profit. they see ripple go up so they go with it.

I think this coin has worth and people beleive in its pump. Every coin has a worth when it has huge number of demand. The supply should be limited while and this coin has been in demand since last few months.

The major reason people buy XRP has been answered by you at OP. Because XRP is used by banks, they patronize it, cause they trust the banks. And another is the low transaction fee. Because of its centralized nature, I don't look at it much.

Basically people bought a ripple to make money on it, people who really believe in this coin, very faw

One of the biggest reasons I think is the price. The new people which just came to crypto doesn't look the supply. They only look price. And the second one is  XRP is less risky because banks and governments  most probably will love xrp more than decentralized ones

I really hope that you are right and that it will dump to oblivion.
Already dumped all my XRP.
A centralized coin does not belong on Nr.2 Mcap.
Even BCash was closer to Satoshis vision than Ripple.

Because ripple has the features required for a cryptocurrency to make it big. Big market cap, good technology, best ROI, and financial institution support like Banks. Not to mention positive reviews from cryptocurrency agencies.

People are buying ripple because it is going up and they have no clue what they are buying. I talked to a ripple buyer at length and they couldn't explain a single thing about ripple or why it would continue to rise in price. The crazy thing is I could say the same thing about Bitcoin.

A lot of new people just joined to cryptocurrency and when they see something is increasing they start to buy this kind of coins, new investitors helped Ripple pump very much.

Because it makes them profit
For speculating
Cause it rising
Cause it may work with banks
Cause it's popular

The reason is that, Ripple is no uncertainty an awesome speculation for the long haul run, it has an extraordinary future in view of its great supply and the highlights of Ripple are by one means or another appealing for the financial specialists to make their extensive venture for the future since it is still underestimated and reasonable. Ripple is likewise featured on the considerable trades and its being acknowledged by some bank.

Its hype has ended,this is good new for all of us bankers wont be dominating our market.

It's amazing, how some people think it's acceptable that the Ripple comapany still holds 60% of all XRP..
Also the founders still have at least 10% on top of that!

I think this is the major reason why people are rushing to buy ripple.

Ripple is a fully functioning company and one of the longest established players in the cryptocurrency space. I like it ::)

why has it dropped so hard today, -31%?

https://themerkle.com/xrp-price-remains-above-2-35-despite-coinmarketcap-adjustment/
Now I see...

I think that the main reason people are buying Ripple is desire for profit. Ripple is popular now. Best time for speculations and a lot of people are ready to risk trying to make profit.

Your third reason is the answer i think. In the other hand people choose Ripple because of it is easy to use and do trade. Another reason for your question is maybe they are usin it for easy and cheaper transactions.

Yes, it is the main reason why the people bought ripple in my personal opinions due to if i see the function of ripple to be used for currency in the banks, it is still the plan for the future i don't see all of the banks mass addoption ripple in their business especially in remittance of the banks, due to the price of ripple rised and there is chance to getting profit instantly so many people bought them and we can see right now the price of ripple started down trend again.

Well everyone trust banks so why wouldnt they invest but besides ripple its high now and its a good time to invest tho will see in the future whats gonna happen. Even banks are using it now. Seems strange. They joined our game.

I think Ripple is all over the social media and trading market.
But People are buying not only ripple,
There are plenty of those who seems have much potential to grow.
Ripples price is low now, you can buy Ripple.  

Why do people buy Ripple? There is one simple answer on your question — everybody wants to get maximum profit. At first, only enthusiasts bought XRP, but now, when in 2017 it made 40,000% pump, nobody wants to lose a chance. People buy potential new Bitcoin, but it’s too far from BTC!

When I hear some dude claims that ripple is going to be 1000 USD, I want to slap that retard hard on the face! So market cap will be combined GDP of freaking Earth! And it against of all cryptocurrency stands for! Yeah, make ur money and put cryptomarket to the grave!

Well, it's normal in trade. When people see the price rising, they will buy it automatically and after a moment they sale it for maximum profit. Pump and Dump again

People aren't buying Ripple (the Company), they're buying XRP.  ;D

So why are they buying because of the profit they can get. Perhaps they also know the ripple and the risk they can experience. But because of the huge profit you get, most people will come here to make money.

It seems that Ripple has slowed down a bit . But right now its hard to tell sine Korean excahnges are taken out, they are the main force behin uptrend movement in cryptos. Any way right now the main speculation is that when Coinbase will add it to their portfolio it will go trough the roof.

probably because many companies and banks use blockchain ripple so they believe that ripple is a future coin that will rival bitcoin

It was a huge hype created that ripple is going to hit 10$ and all and that is why everyone start buying ripple I know that ripple is a long-term coin and it will grow good in the future but for now its not like that to increase 10$ in price in 1 month its grow huge and making correction now and maybe its settle at around 2$ for sometime but it will grow in future for sure because its a very good coin.

Probably to make some profit as the price is still affordable. I know that's why I purchased some XRP when the price was still under USD 0.20. I liked that I could get a larger amount of coins and wanted to "invest" on it as there were many Ripple related news and I was just learning about crypto-currency. Now I have learned to do my own research.
For the time being I don't think I will invest more on XRP, but I also don't think I will sell what I have just yet.

That was a huge hype made by bankers and experienced traders who invested into Ripple and want the less-experienced traders to take an interest in that coin. So the less-experienced would start hyping, the price would go up and the experienced ones would sell on a high price all their coins they bought for nothing. A usual scheme for the market.

For those who ride with the hype and position early in XRP are t he winners even at the current price but for t hose who bought at its ATH which was almost 4$ maybe they are in doubt to hold or sell for a loss. good thing i'm not able to buy even at 3$ if I do maybe i'm one of the losers who left behind the corner. but I'm planning to enter maybe below 2$ lets see if we can see a reversal signal on its chart or the dagger will continue to bury deeper and deeper  :(

Ripple is better suited for short-term investments (up to half a year) than for long-term

Well I had been trading ripple for margin, every trade I earned minimum 5% but after few hours I always regret (I could have hold more :P )
Now I still do in and out as I can't afford investing too much; but at the same time keep some coins from profit :D

Because there is masive hype arround it in terms that banks will probably use it instead their swift system now,there are rumors atm that 2 korean banks will use and implement it this year.Honestly i  dont see it happening as they need the tech behind it not the coin

I, too, are interested in this question why people buy it, most likely because of greed when they see growth.

People heared a lot of Cryptocurrencies and Bitcoin in the mainstream media. They want now to buy and get the same profit like the people who buyed bitcoin 7 years ago. But they dont have any idea how a blockchain works or even what a max supply is or market cap. So they buy ripple because its cheap and they hope the value will increase like bitcoin, but that will never happen.

I invest in ripple because it is cheap and in simple terms it is easier to increase than the high value coin on the crypto market. In addition, the Ripple brings in its outstanding technical features, the community supports it immensely. For these reasons I can invest a lot in it and other investors just need to care about these things.

The main advantage of XRP in comparison with other crypto-currencies, of course, is that XRP works directly with banks. Several banks already now enjoy the benefits of Ripple, including Santander, Axis Bank, Yes Bank, Westpac and UBS. If something can attract the attention of banks, it is a technology that simultaneously allows you to earn more and save more.

New people in cryptocurrecy just who joined here, they just saw Ripple in trend and they buyed them at the top now they are crying for their lose it was big fake for new people.

if you often pay attention to this coin, you will know that ripple actually has good potential if for short-term trading and if for HOLD
every time there is new news that happened to ripple, so I think that is the reason why enough people buy ripple

And i will say ripple has just been dumped, maybe they see the pump and many people see this as opportunity to make a lot of profits.

Every newbie made bad moves at the beginning. Thats totally normal. When they get deeper in this game they will learn how to find a good coin

Ripple seems to have been using most of their funding on sales and marketing, and some banks are effectively test driving the Ripple ILP. Almost none are touching XRP from what I've seen though. It's somewhat of a remnant from their startup days that they're now trying to push into the general public. It's in their best interest too, seeing as they personally hold over 62% of the whole supply and have full control over what happens with that remaining supply, including selling it into the market. They essentially have complete control over inflation rate, which I personally find an unsettling thought, because it completely defeats the purpose of a trustless, decentralized currency. It's like a private company version of the FED in that regard. This is why people buy Ripple.

Most people buy ripple because it is among the top coins in the market.  As for use case,  I believe developers are working to make its adoption mainstream.  Only time will tell

It is a very good coin which is called Ripple. Probably the main reason why people are buying and using it is the third point of the info. What the banking systems are doing most of the people want to do the same work because they know that this coin will not be the thing which will bring loss to them because the bank will never do like the work which will bring loss so that they can invest there without any kind of doubt.

It runs with long-term investment system so those people who like to invest for a long term are like it very much and these are the main reason why people are buying this.

I was asking myself the same question... For me Ripple is not a real cryptocurrency, its just an instrument for the banks to transfer money around the world. Of course thats a needed instrument, but what I dont really get is why so many people are buying into it. In my opinion Ripple should be for the banks. Guess people are buying it because of the hype and the potential growth. I also hold some XRP that I bought for about $.20, so who am I to judge?

Many new people just joined the crypto currency, and when they see that something is growing, they start buying such coins, new investors are very much helping the Ripple pump.

This is a centralized currency created artificially by banks. Therefore, her course will depend on the mood and in the bank.

I guess so. yesterday in crypto news said that money  gram will use ripple application in transferring money online for faster and cheaper transaction after reading i bought ripple at 2$ per coin hoping the news would pump the price but it doesnt happen anyway i just hold it for a ling term investment

Most investors aren't thinking account the strength of the coin company or the community but rather when a coin is more popular that always become on news feeds and most of all it is one of the cheaper coin in the market that does have a position as the third most valuable cryptocurrency in the world then people are investing it and not knowing whether it has potential or not.

I think all their purchases are related only to the fact that they only listen to the news but do not try to think with their own heads, as I said before, that I am very unhappy with this pseudo-crypto currency, so it's hard for me to say, because I think with my head

Ripple has a potential to offer the world the best Cryptocurrency services that's why I invested a couple of grand last year as I saw the potential. I was glad Ripple had overtaken Ethereum in the first week of the year and attracts too investments after that.
I know Ripple will be always one of the strongest Cryptocurrency in the market and it's for my long term and for my future.

We are in cryptocurrency dont like third party involve in cryptocurrency.
In the same time, we dont like ripple that issued by bank and they can freeze and issue more coin. Thats the problem and reason people will not buy ripple. Maybe people still does not know that problem so thats why they still buy ripple.

I am truly agree with this gentlemen. When people hear that bank uses this token, they are snaping up.

That's the real world of Crypto-Currencies today, people are driven by mainstream media and news speculations, and also in YouTube. That's the main advantage of coins that has fundings and just simply paying youtubers and media to push out their coins. People should should be aware on what really inside the coin box and not consider media as reference, and referral.

"Bank uses it"  I've heard many uneducated people say this and are willing to put their life savings in Ripple.  ($300) lol

There are some strong reasons. Such as-Higher return on investment (in percent),Higher technology,A number of approximately 80 banks are testing Ripple technology,Technical analysis says BUY.

Ripple is one of the most promising crypto currency in 2018. The recent decline in Ripple quotations associated with the expectation of a ban on trade
in crypto currency in South Korea, but yesterday the President of Korea denied this information.
The serious growth of Ripple is expected already in the third decade of January. As expected in the near future, Ripple will be listed on the Coinbase.

They believe in it and think they can get money from it so they buy in more ripple.

We are sure that this is a very weighty argument in favor of buying XRP. Now it is considered the most undervalued currency of the four leaders in the cryptography market. In other words, the currency turned out to find application in the real world, but it is still very cheap.

There are several reasons why the cost of XRP is so low. First of all, now the attention of most investors, both large and small, is focused on BTC and ETH - that's why these currencies continue to grow in price.

Unhealty speculation i know several people who dont now anything about crypto but for some reason they want to buy XRP.

I think ripple is a bank that has good relations with banks and many global banks so many are using the technology for transactions and now it seems that Ripple is at number two in the money market and catches the eye of new investors and some people buy it for future earnings.
thank you

They believe it have a good concept,and good supporters and good prospect,but there other crypto with great concept too.

People ichy for altcoin to dream about 2x or 5x gain so they willing to place in Ripple.

I don't know if ripple has a good concept. Ripple is made for a centralized cryptocurrency managed by bank owners. While the concept of crypto was a decentralized currency. I heard its just being pumped by owners right now.

People are buying Ripple for a safe investment. This tendency is driven by mostly the public sector banks and financial institutions of many countries. Like India and China the high population countries are using this so the demand is increasing day by day. Also the fees for this blockchain system is very low as like the Dogecoin. But Doge has not got the time now but expected soon.

Ripple is on the highest peak, it growing up day by day so invest in Ripple will give you unbelievable return.

I bought some yesterday @ 2$ when I read in the crypto news that moneygram would used xrp in their online money transfer business for faster, safer and more secure transaction. but looks like it is still in consolidation mode

I bought some XRP on 05.01. and thinking about exchanging part of it with another altcoin like Game or TRX as a security. Does it make sense?
Thank you very much.

Yes, MoneyGram. And, s anyone using bitcoin for its intended purpose with insanely high transaction fees and slow proccessing times?

People are buying rippple only because for one good reason. The reason is that they think Rippple is a good investment and Ripple they think can multiply their investments in good numbers. What other reasons anyway of why there are investing? It is for the money and for gaining.

Yes, I think that is one of main reason why people are buying Ripple; it is becoming a good investment as the value increasing and I think, sooner or later it will give you a good profit or maybe a high profit.

I have heard the ripple is supported by a lot of famous banks, and they are very powerful, as we can see, the price and market cap are very big now.

Yeah correct. In fact, Ripple is owned by a group of banks. They can easily manipulate how the market price would go because they own a lot of percentage of the coin.

because of their capital may be small so that they are more ripple corresponding to their capital. but ripple though cheap are also very promising and have a great profit.

People would have done better if they would have bought ripple before the pump instead of after or during.

Ripple is a spooky thing.
Bankers came here in Crypto's to control the market.
Just look at price movements!They are following ripple now.Jesus.

People are buying Ripple because Ripple is a banking sector coin.Now, most of the banks using this coin.people invest in this coin and its price grows.

Er what kind of bullshit are you spreading?  Not many banks are using Ripple.  They are developing their own blockchain to use.

I think Ripple has made a lot of good changes as well as they have come up with a new roadmap that will help all traders see the potential of it to thrive in the future which makes many people notice it as well as invest in it.

People are buying Ripple because it is a safe investment.Now the prices of ripple are low,but in future their prices are increases and gives more profit to the investor.

The blue pills are buying it because they don't see what is coming down the pike. It's the bankers coin, and when (not if) the banks start to fail, they will be selling their RIPPLE as quickly as possible in search for any and all liquidity to stay afloat. It's just a matter of time.... watch

I think due to its increase in price, well I think the price is really manipulated so.. yah people can gain much more money

Price could be manipulated, I agree since banks are probably pumping it up to gain interest from the public... But. it could be a good investment as I think Ripple will soon be used for microtransactions.

Ripple XRP caught attention during the high demand but slow transaction processing of bitcoin last month. Ripple was cheap at that time with virtually low transaction fee and blazing fast transaction speed that's why some imaptient investors bought XRP because of that features but to think of it that it was controlled by the bank it doesn't seem to be real cryptocurrency for it was centralized by bank and the Ripple system.

It hit the normal, average joe so increase the demand for it hence price up.

While the demand on Ripple is high,  it is usable for fast trading operations. No matter whether the demand was created artificially or naturally,  it helps people make money.

People are buying ripple right now cause it lowered its value and it have many speculation that'll rise soon.

I dont trust ripple actually I believe its a buble. Some investors they made damage bitcoin and ethereum so they create speculation. after this period it will die slowly. Sell your tokens dont lose much.

I bought alot early at 0.18c each its done good for me, just because its centralised doesn't make it bad

Ripple has a lot of interest at financial institutions.  That's not going to change.

Hopefully, Ripple will return to the pit where it belongs. Not possible though, even I will buy it at 0.24 ;D But it really hurt my feeling when I saw it at 4 USD (can read it as butthurt).

i think more trader buy it for profit.. when the price is grow they will sell it
look at current price and you will understand it
yep, more private bank work together with them but i can not see real implementation YET

Everyone has his or her own opinion, and some people buy it, and its propaganda is really good, and it may be that it attracts others to buy it.

the only people who invest in it are gamblers or noobs. noobs think that it's still affordable and can rise to the price of $100 and so on. lol

Buying XRP people fall into the trap. They think that it is a secure investment. "Can it be a Scam coin if it is in the top three on CMC? Of course not" - they think. They think that the majority can't be wrong and end up losing their money. History, as old as the world.

After the ETH began to beat its records on the rise in the mountain, one can observe a sharp outflow of investments from Ripple. And this will continue every day more and more. This coin will remain valuable for those who believe in it or for those who listen to other people's advice and will buy it.

DK man. I also confuse why many new comers are believe in XRP so much.

Maybe because it was cheap compare with ETH and BTC.

But they don't the fundamental of it.

Yes. You are absolutely right. Ripple is just used for exchange between banks and it is the only reason for increase in its marketcap.It is totally centralized which is opposite to the concept of decentralized currencies.

I don't like Ripple. As it may go again the purpose of crypto currentcy.
It's centralized with bunch of it in the hand of creator It can be use to manipulate crypto market.

Most people buy ripples because it is among the best coins on the market. As for the precedent, I believe that the developers are working on its adoption. Time will tell.

I guess we will be seeing a lot more of ripple fans. I heard they are partnering with MoneyGram, what do you think guys? For me, I still don't believe ripple will stay for a long period of time.

Because they have a proven working product and  many deals with banks .They are going to be a big player in international money transfer. They already made a deal with moneygram recently.

moneygram too, but it started cause JP and NK banks made a testing of money transfer, using Ripple blockchain

I still do not understand why banks would transfer their value into such a volatile currency..

Other permissive blockchain solutions such as HyperLedger by IBM, not requiring a currency to be issued, will do what Ripple does but better with an already trusted brand.

Because they dont know how XRP works,they dont have any idea that it can destroy our decentralized community.

Why are people buying Ripple you ask? Well, I would say that it has the potential to replace bitcoin as a payment option and store of value. It is very unfortunate that the majority of people do not realize that Ripple will be trading well over a hundred dollars is a year or two.

The reason all this is happening is because people are looking at price, not the market cap. They don't even care to do any research - if the name sounds good and the logo is aesthetic, they buy it. That goes for at least 50% of the newbies in crypto.

People are buying to make a profit when the price increases, XRP can reach higher in coming months which makes it worth buying.

Ripple is better suited for short-term investments (up to half a year) than for long-term

They are starting to trust the cryptocurrency. Since Ripple is being managed manage by bank, they will probably going for ripple. Plus the fact that ripple is a centralized currency.

what can be the value of the currency if its unlimited number. pressed 1 button and appeared 1,000,000 coins.

robably to make some profit as the price is still affordable. I know that's why I purchased some XRP when the price was still under USD 0.20. I liked that I could get a larger amount of coins and wanted to "invest" on it as there were many Ripple related news and I was just learning about crypto-currency. Now I have learned to do my own research.
For the time being I don't think I will invest more on XRP, but I also don't think I will sell what I have just yet.

Ripple is something centralized. I never invest in ripple. Their supply is being controlled by their team and we don't know what they will do in the future. This uncertainities made me get away from ripple coin.

correction is now shown that the price of this coin was very much exaggerated . pretty much where wrote about ripple , here it is on this and much growing up! the speculators ! now that we can see?)

Have you looked at the rest of the market lately?  Seems like you have focused on XRP and missed the fact that every other crypto has also corrected.  Based on your comment, the price of all of them were very much exaggerated.  Can't have it both ways.

Simple, to make more Bitcoins/ETH or to increase their fiat holdings. That's all nobody is interested to help bank by make their transfers easier on Ripple's Blockchain. Technology doesn't matter here only money matters. Go to XRP's reddit page 90% of the posts there are about the price predictions of XRP.

I am afraid this coin is used to rip(ple) off many dumb people who have no clue in what they put their money. After all lose their money, banks and gov's will say crypto's like bitcoin is a ponzi scheme like ripple created to steal money. Literally i can create same "network" chain with plenty of coins in few days alone and sell to newbs and tell them is free to send and receive(no tax fee) then i close "network" which obviously is 1 server :)

Yes, Ripple will have dominant position in banking industry. But why digital asset holders sell their ETH and BTC and buy XRP? Ripple isn't cryptocurrency and doesn't have the same purposes as BTC...