Bitcoin Forum

Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/

I think that not a true cryptocurrency by the standard definition, Ripple may be the dividing line that separates two distinct products to emerge from the cryptocurrency revolution: assets and solutions.

What are you talking about? Do you truly believe that Ripple is not a cryptocurrency just because some expert states that? The majority of the Ripple investors including me firmly believe that Ripple is a cryptocurrency which has huge potential thanks to its community and real world use cases which is why I am HODLING my stack of Ripple for the long term even though it has fallen in value at the moment. I honestly do not care about the centralization aspect of this coin.

I think its vary on definition about the Meaning of (Crypto-Currency) Crypto- is from the Word Cryptography and "Currency" is a Monetary Unit! the first Cryptocurrency introduce was "Bitcoin" due to its decentralized nature.The Bitcoin (BTC) was the main reference or example about the nature of cryptocurrency as (Decentralized) But since "Ripple" is not Decentralized and Controlled by Centralized Banking System its often called not a Crypto-currency! But the question is. If ripple works like Bitcoin,and other Altcoins in the same Manner as Cryptography? its also called a Cryptocurrency but not in (Decentralized way) this is just my opinion and im not and Expert regarding this topic.

Ripple wasn’t designed to be a coin or a normal cryptocurrency by the standard definition. While bitcoin and comparable cryptocurrencies give the value of the coin equal priority with network security, speed, and applicability, Ripple does away with the idea of XRP as any kind of investment asset and instead focuses on making the blockchain as strong as possible.

We are seeing some negative news about ripple lately and seems like some are trying to destroy this altcoin. Well, most of crypto traders don't agree with ripple being a cryptocurrency because it is not decentralized. Ripple transactions are powered through a centralized blockchain and you may also double check that on google. The reason why it stayed on part of the top 5 because it was backed by exceptional partnerships and sponsors.

Ripple is not a crypto currency in the usual sense of the word.  In fact, this is a settlement system designed to become a faster, transparent and safer alternative for existing ones (for example, for the SWIFT system used by banks).  XRP - the so-called Ripple coins - are used to facilitate transfers in various currencies.  In existing settlement systems, the basis for conversion is usually the US dollar.  The process is associated with additional costs and takes a long time - which is why bank transfers between countries often take up to 3 days.  Converting payment to XRP instead of dollars, the system saves on stock costs, and transaction processing takes a few seconds.

The Ripple blockchain isn’t open like those of other cryptocurrencies. XRP can be safely stored and kept, and uses cryptography to protect participants. This allows the currency to use the advantages of the blockchain ledger, but in a closed ecosystem that makes it more efficient.

Ripple based on the blockchain. So I don't understand why Ripple is not cryptocurrency. May be Ripple is not completly decentralised, but most of cryptocurrencies are dencentrilised only in theory.

This is not an easy question. I've read several opinions of different experts. They say that Ripple’s main aim is to become a “bridge currency” that financial institutions use to settle cross-border payments faster and more cheaply. I agree with this statement                                                      

Now that I've read the article, I also think so. Ripple is basically a transaction protocol based on open source internet protocol, consensus ledger and a decentralized native digital asset. Ripple is basically a mixture of blockchain and fiat system, it definitely  does not have the features of a cryptocurrency.

The current value of Ripple is $0.45 but I will not completely agree with it being not a crypto-currency. Ripple is a well known Crypto-currency, as we know. There are rise and fall in the market always. that not means we assume an altcoin will vanish. Ripple is going through its hard times, this is true. We may always be positive about crypto-space as patience and wisdom is the core power to gain. You may act wisely if you own XRP.

Ripple is just the name of a company. Instead of just jumping to the news spread by the people who are just there to speculate, we need to see how good Ripple is doing in the short span of time. Even when the market is this terrible.

Recently the coin Ripple is facing a downfall in the price. The price of it is gradually decreasing. And this has led experts to alert people that the coin Ripple is not a crypto currency. This would affect the value of Ripple in the future as it will be no longer be able to compete with other crypto.

From my point of view Ripple is a real-time gross settlement structure. Its  currency exchange and allowance network created by a us company which name is Ripple lab inc.

Ripple is more widely known for its digital payment than as a crypto currency. XRP is in the making of a Bitcoin, enabling easy transfer of money from any currency exchange.

Yes ripple is not a cryptocurrency is just the name of a company.in my opinion it is based on the blockchain and fiat system.i honestly do not care about the centering accept of this coin.

I think you're right. Bitcoin or Ethereum is very good in the current crypto market. They have the ability to overcome their losses. But Ripple's entirety is the opposite.

It is true that ripple is nothing compared to BTC or ETH, also it's not like regular cryptos. But, if BTC, ETH can rise again, there's still chance for XRP.

Honestly, I haven't seen it closely but based on what I'm reading this is very opposite of Bitcoin or another cryptocurrency that values decentralization, because it is centralized but people still investing on it,  so we can say as long as it is profitable people will still invest on Ripple.

Its always takes time for xrp to take up, it's a crypto currency, the centralized it was making people see it as not a crypto currency.

This is really matter of concern But I think, XRP is not going to be ruined at all. May be the price has decreased significantly, still there is chance of growth in XRP. Obviously, it would not be wise to compare XRP with BTC.

As far as i know ripple is a good coin and it’s also a crypto currency. But in recent time their price falls down and other crypto currency like bitcoin and ethereum both performance are above from ripple.

Perhaps, because of the amount of coin released due to the control of the DEV team. The nature of the digital money market is decentralized. If such an alcoin is so constrained, it is difficult to decentralize

Yes, of course, have the right to assume that xrp is not a cryptocurrency and securities. There are a lot of different opinions on this issue,and the camp is divided into those who think that xrp is securities and those who firmly believe that it is a cryptocurrency .Do you think?

yes as per the expert view they claim that ripple is not cryptocurrency,  and it is partly true ripple is not cryoto but it definitely related to crypto it also used at the bank sector , Riple is basically use as the trading element it is use at both sector banks and crypto, ripple is still not that much active or popular among the crypto users

Everyone says that Ripple is not a real cryptocurrency cause it doesn't follows the basic rule of cryptocurrencies being decentralized. Ripple has most of its supply locked up and controlled by its creators who inflate the prices by controlling the supply. Also blockchain can turn out to be a bad tech for centralized currencies.

I believe that Ripple is a full-fledged crypto currency, of course there is a difference with Bitcoin, since it does not use traditional block-system and Ripple itself was created as an alternative method of calculation for the banking system. But this does not preclude the possibility of making calculations between themselves

It's not gonna be in the top cryptocurrency if it's "not a cryptocurrency" though so yeah, I disagree with this because the project did succeed in what they had promised and it now and still has real-world case uses that many projects haven't done even after their own ICOs. Many holders of the coin believe this even if I'm not, I see no bad going on about Ripple, the total supply though is downright very large but they have their reasons and its very reasonable if you do the research so yeah. Maybe I'm a bit overthinking about this.

Well it is a cryptocurrency but it is also everything what cyrptocurrency aims for.

It is anti-crytpo. But still a crypto. I never buy that.

Yes XRP is not cryptocurrency and it's not decentralized either, because it's not a cryptocurrency, so they can print many more out of thin air. To answer some of you, some negative stuff on media about ripple? I mean no shit,  even using xrp is cancer. I finded it hard for using their wallet/coin or whatever it is. Not to mention media that teach people how to buy ripple very high and sell it very low, mmm, nice tv reporting very much.

Who told you such nonsense? it is still so cryptocurrency and and very strong, I think so in 2020, it will cost money standards, as exchanges between banks, and in General the sector of banks wants to tie

Although, ripple operates a s a centralized coin, which is contrary to one of the rules of crypto. There have also been lots of controversies on this, but one thing i know is that, it is based on individual's choice and perception. Most investors are only concerned about the profit they would make, and not the nature of that coin.

ripple as far as i know is a centralized platform and most people don't regard it as a decentralized and blockchain project. I have some ripple but i am not holding it for a long term.

I have heard many of negative reviews on Ripple last days, but what I can say that you are still able to earn money from investing in it, so in my humble opinion you should not be concerned so much about ripple being a currency or not.

That's true, Ripple isn't really a cryptocurrency.

It's only riding the popularity of crypto's to start its own business through entire adoption of different bankers.

Yes you are earning money from investing on it but it's different if you are a real crypto supporter, you won't support a centralized coin.

There's a notable difference between digital currencies like bitcoin and ripple's XRP tokens. Bitcoin is the actual currency being traded and used, whereas XRP tokens are essentially backed by traditional currencies, as if they're dollars or yen in another form.

While bitcoin and most other cryptocurrencies like Ethereum exist for the simple purpose of existing as digital money, ripple was born as a solution to the global problem of transferring money from one country to another. It can take days to do this. As Ripple Labs CEO Brad Garlinghouse likes to say, the fastest way to transfer money from the U.S. to London is to get on plane and fly it over there (presumably as a carry-on).

Mining is the processing of transactions in the digital currency system, in which the records of current bitcoin transactions, known as a block, are added to the record of past transactions, known as the blockchain.

Ripple’s setup has no miners, as all 100billion coins were created when the network launched in 2012. The creators kept 20bn for themselves and gave the rest to the company in charge of Ripple, called Ripple Labs.

Ripple coin is a name that is very much mentioned in the beginning of 2017. The ripple is one of the crypto ripple concentrators that focus on providing Blockchain computing technology to banks with global trading needs.

According to me, ripple is not a real coin. In my opinion, a coin can be a real coin if it is a decentralized coin. But ripple has not this feature and this situation is not giving trust to me. I think it can not liked by the real traders in the markets.

I agree that XRP is not a cryptocurrency and it is more like a digital fiat currency. Ripple which is the company who created it made all of the supply pre-mined meaning it is not mine able and controls the issue of new supply that will be added to circulation every month, although it uses blockchain technology, cryptocurrency should also be a decentralized currency and Ripple failed to do that. Too bad for Ripple long term investors the price went down because of this. If SEC will skip Ripple from the regulation then expect continues drop in price.

Yah I have also heard the news. Ripple is a digital fiat money. It is not a cryptocurrency. It was a trending news yesterday. Ripple didn’t look good me though.

Articles like these has been trying to manipulate the market, there's very little truth to what the headline suggests. However, it cannot change the fact that there's still potential left in XRP. It will bounce back sooner or later.

I do not listen to the opinions of experts, for me ripple is a full-fledged promising coin. Now Ripple like the whole market could not resist with a massive drop, so it's not surprising that its price is now low. But in general, this is a promising coin, despite the negative news

Quite a funny statement, but recently it does not surprise me ... Is there anyone who really believed that Ripple is not crypto currency???

Agree with your opinion. But why the digital fiat currency are placed and 3rd place of crypto? I think it is not right, and in future ripple will lose its value.

It is obviously not the name of a currency, rather it is the name of a crypto currencies company. This is exactly what happens when people fails to read the entire context and get things mixed up like this. Ripple is actually doing quite good for a new company if you look it up.

Ripple is not so STRONG cryptocurrency and it doesn't have so confident position on the market. Only that's why I don't believe in Ripple, there are a lot of more promising alts.

ripple is a cryptocurrency

a lot of HYIP was around this crypt coin! it has grown very well in price, those people who invested in it could earn a decent amount of money! I'm sure that the potancial is not yet fully revealed! the ripple can still show good growth, the main thing is that the market moves up!

It's a cryptocurrency coz it's stated as Digital online transactions, Where as i'm not a truly supporter of this coin. Maybe Ripple recognize as centralized platform which is listed by the government as securities where in bitcoin is the real digital asset which is Semi Centralized transactions. well depend your answer i will appreciate it.

It is not a real crypto as I understanding because it lacks the decentralisation of nodes and ownership and that is not a real coin.

Ripple is the promising cryptocurrency from my point of view. But I think that it doesn't have any surviving skills for future and necessary level of strength.

Ripple is one cryptocurrency like any other, but it is true that is private and like EOS that means that management is very centralised so if you don´t like that, don´t buy.

The question is too strange for me. Ripple is an alternative cryptocurrency which is increasing so fast now but I think it will be replaced with another strong altcoin like Eos.

I do not think ripple is a Cryptocurrency.
Need to review that information.
I am a ripple investor, so I am very interested in the relevant information.
If that's true I'm very disappointed with the ripple's credibility so far.
Again I want you to check the information to help me.
thank you !

Yeah i agree,its not because this banking cryptocurrency has been issued as centralized currency still no one cant prove that this is not a cryptocurrency look on what this coin passed since it was created,do you see any reason for this not to state as crypto?forget those damn EXPERTS because this people only want publicity to become more popular thats why they are making issues that would make tm real expert

I disagree with that statement Ripple is a digital currency and based on blockchain technology it is freely tradeable across the crypto exchanges and the fact that it is not a truly decentralised coin doesn't change its status as a crypto in my book.

Perhaps the questioner is focusing on what is different from our thoughts. Ripple is not electronic money, this is a strange question, I have not really understood his thoughts on this statement.

No, the ripple is a cryptocurrency because the company of ripple provides a electronic coin that can be considered one of them. Ripple is just lke bitcoin wherein in considered as a income provider.

I will need to do a lot of research and make my own findings on this. I have always assumed that any coin or token in the coinmarket cap is a cryptocurrency including USDT. Does it mean I have been wrong all this why? Good to learn always anyway.

I'm not sure of that, because ripple is one of the nicest projects of some crypto currency projects like ethereum, cardano, tron.
ripple into the big five coinmarketcap and that's great

Most people on the forum say that Ripple is not a real cryptocurrency because it does not follow the basic rule of cryptocurrency decentralization. Ripple is controlled by its creators, who inflate prices by controlling supplies.

Saying ripple is not a cryptocurreny is just wrong. if it is a currency that is made online then it is a crytocurrency. It runs on a blockchain which makes it one. Just because the coin is not doing well now price wise does not mean that the coin will never do well and that does not disqualify it as a cryptocurrency. There are botj centralized and decentralized crypto, it just happened to be centralized.

I am looking after Ripple and its trends are not so convincing for me. I prefer more reliable ones like Eos or Eth but Ripple is not a cryptocurrency for me.

https://rlv.zcache.com/ripple_xrp_logo_poker_chips_poker_chip_set-r18a37ae4c67948119fb6ba68aaff57c5_zra6q_8byvr_540.jpg

A lot of negative news about Ripple, although Ripple is actually a very good token, Unlike Bitcoin and Ethereum, Ripple is considered the currency of the bridge. Banks adopt XRP and its basic technology to cut costs.

some information comes from: https://www.ufx.com/id-id/aset/mata-uang-digital/ripple/

DCEX Launches Its First Ever Crypto Exchange Using XRP As The Base Carrency


DCEX (https://dcex.com/) which is a San Francisco based startup announced (http://www.globenewswire.com/news-release/2018/07/30/1543887/0/en/DCEX-to-Launch-First-Digital-Currency-Exchange-to-Use-XRP-as-Exclusive-Base-Currency-Powered-by-AlphaPoint-Blockchain-Technology.html) about the launch of its digital asset exchange on Monday that is 30th July 2018. This crypto exchange is the very first in
the world to use XRP (https://cointopper.com/coin/ripple) as its base currency. It is open for client registration as the trading and transactions will start sooner in the next few weeks.

DCEX is powered by Distributed Ledger Technology(DLT) which is an exchange technology and by AlphaPoint (https://www.alphapoint.com/) which is a solution provider.

The start-up says that being XRP- based marketplace allows the transactions to be completed in less than four seconds, “which provides a speed
advantage over other money movement options."

DCEX allows the trading of XRP against fiat (USD) and also the following 15 Cryptocurrencies.

Click Here (https://cointopper.com/news/dcex-launches-its-first-ever-crypto-exchange-using-xrp-as-the-base-carrency) to know which 15 Cryptocurrencies is being traded.

Of course not, ripple is cryptocurrency because they are one of the same businesses of ethereum and at the same time they are electronic wallet that can make them as cryptocurrency.

It is.
but it's a centralized cryptocurrency which is more safe but the price is cannot pump or dump in a high amount.
But this is a really good coin that trusted by many experts and famous people

 in my opinion Ripple is cryptocurrency. and has great potential. I'm very sure that Ripple will experience a good improvement. maybe for now the ripple is experiencing a fall. but for the future ripple will also experience a very good increase