Bitcoin Forum

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.

Continue to keep, falling due to a complete market correction, this is not an indicator. A ripple over time will get more and more partners in the face of banks, so it will grow further and not be afraid.

If you're not confident anymore holding XRP then you have to sell it to remove the doubts and stress that it is giving to you. XRP is centralize that's why many don't like it. I don't hold it and my suggestion to you is just to dispose it and move to a better coin or buy the profit you'll get there with bitcoin.

XRP is owned by Ripple labs(https://ripple.com/company/). If you're confident holding it for a very long time then just hold it. Before investing to a coin, you should have at least basic knowledge on what you are buying.

XRP has a very interesting structure. The price is not as predictable as other coins. I'm sorry for you on your behalf you've done a very long time HODL and unfortunately this process has experienced a great retreat. Applicable to other coins in the valid for XRP. The market must enter a general uptrend.

No, it's not a ponzi scheme. It is a very reputable company, as can be seen from their history of years of working with major international banks. Ripple for me is the most professional and reputable company involved in crypto. A lot of people don't like it because it goes against the anarchist ethos, but if we want crypto to enter the mainstream, then it is companies like Ripple that will do it.
There is a distinction between Ripple the company and XRP the token, but I for one am convinced that XRP as well as Ripple will be a huge success.
I would advise to keep holding, and yes do so for several years.

That's agreeable mate, xrp wasn't doing so well during these days of bearish market. But for me every situations isn't always downwards, also it will always possible to recover in the right time. For now the market really needs to gain back again people's trust in order to become uptrend again. We must help each everybody's community so that xrp holders will not turn their back, and give up what they been working for so long. Hold and don't let go, that's the best way to do it.

I am planning to buy some more ripple. The market conditions generally has affected the coin. Even though it can't be taken seriously as a cryptocurrency due to its centralized nature, ripple actually has gone far with partnerships and it will definitely impact positively on the overall coin price

A big rumour about the manipulation on the ripple market cap has become the main concern for everyone right now. It's not about how to get more partner but you should consider from the technical reason the good and bad things on ripple foundation. A lot of ripple still not yet dumped by the developers.

What price did you enter though? I'm just curious.


I wouldn't say it's a ponzi scheme, but this is a bitcoin forum, and a lot of members here hate coins that are centralizes and control by bankers.


Well, you still have your coins so you're not losing any money here. I usually don't give financial advises, but I would say that XRP is worth to hold for a long time. Don't sell it, just hold as long as you can and wait till it goes on another bull run.

I do not think that xrp or ripple as a company is operating as a ponzi scheme the only issue that some people take negatively is the huge supply of xrp that is held by the company by as far as it is locked i do not think that is a big issue and i think xrp price will recover surely over time.

no, it is not a Ponzi scheme, XRP is simply a centralized shitcoin with a huge supply and no future as an investment.

the only thing that XRP is good for is the short term pumps that it has once or twice a year sometimes. other than that, 99% of the year is a downtrend because as i said it is a shitcoin.

all the news you hear about such and such bank going in Ripple is about its technology not the token itself called XRP.

Lol, 1 year? Are you even not noticing the coin market cap or even the xrp price? You better to hold in more years or if you in need you should selling it fastly.

I only can say keep holding your XRP if you are still stronger than the others. But if you think you are done with XRP and wants to change with the other prospective coins, then you can sell right now, but I don't think you can make a nice profit. I think you have done a good work by holding for over a year and I think you can hold it this year while I am sure the price will increase again. But it's up to you because that is your XRP and I hope you can think twice before you decide to sell because you are too long to hold XRP.

I personally think that ripple is one of the good coins and established coins. Different people have various opinion that are different. But ripple is doing very much well as compared to other coins like ethereum, and stellar. Its price has not gone down so much as compared to other coins if we look the state of cryptocurrency in the recent past and now. It is being supported by banks. I am also planning to add more XRP.

Yeah, I think you should still hold the Coin XRP that you have. Because it will be better than you sell it now.
We know that XRP is a coin that has good prospects in the future, even XRP was in second place at coinmarketcap.com .
and for now the market is in poor condition. all coins are in a dump condition, Even with Bitcoin too.
So, you should still hold your XRP and keep patient.

Despite all today's manipulations with the help of news, XRP is a top-end project with a good capitalization, with a quality product, so that it will still be in demand. So just keep it in perspective.

Many people in this market don't like XRP, but XRP is a good altcoin and a long-term investment in it is a great option. Currently XRP is more popular and more interested than ETH, so just hold and wait for the market.

I also have few amounts of XRP and I also hold it now. Just hold your XRP mate because we know it is one of the strong cryptocurrency in the market which also have huge volume. Many companies already accepting xrp so there will be a time the price will go up so just keep on holding.

Xrp has nothing to do with Ponzi scheme.

Xrp coins are mostly Holden by ripple company, so that company can manipulate the price a lot. You probably bought in a bad time, but the fundamentals of ripple are good.

Santander and other big banks are heavily involved and invested in ripple. Ripple will be providing services for banks, reducing swift and other transaction costs. It's no surprise that it is the second coin by marketcap

Well people are calling it PONZI just because its holded by a company and we are afraid that it can night-by-run company. Still as i can see that many are saying here that its legit and good company, i will better hold it for years.  8)

I feel the same, ETH was competitor of BTC for long, but XRP has proven better.

How many here hold XRP?

Agree if you keep holding XRP, look at the market and various exchanges, XRP will enter in various exchanges. This is good progress to build popular coins that are present, don't doubt the XRP so you will get a long-term investment advantage.

XRP is not the ponzi form. Who did someone tell you that? You should look at the position of Ripple and its capitalization in market. Really there is no so much investors that invest in Ponzi projects anymore

XRP is not scam and for 2/3 years. It would be a good idea to invest. Before cryptocurrency goes mainstream, XRP will get a huge bump. AT least, 10x from the current market.

Ripple for me is the most professional and leading company involved in crypto. Many people don't like it because it is against the anarchist ethos, but if we want crypto to enter the mainstream, companies like Ripple will do it.
There is a difference between Ripple companies and XRP tokens, but I am sure that XRP and Ripple will be a big success.

XRP is a good coin mate since it made a good performance that time before the market struggling .for me XRP  is better than eth  especially when it comes investing for long term. Because eth is much stagnant than XRP probably this circumstance is just a coincidence, because xrp became cheaper and struggling as well due to this long bear season . Just don't lose hope mate just put more patience instead if you have no another choice!

Its centralized and yes, it can be manipulated anytime. That is what centralized means in a deeper thought. ;D

If you are already having doubts then why the hell are you stressing yourself? Dump it and look for something new. Something where you will be calm about having it.
Better look for a long term kind of crypto currency.
I dont say XRP is a short term investment but with that kind of attitude you will just have sleepless nights.

If you are a person who has just come to the cryptocurrency market, now you just need to try not to rush to conclusions and think carefully before investing anywhere. In general, XRP can be considered in the medium term.

Its not someone told me or just bcoz it has so much capital in market, makes it a non-ponzi scheme. As most companies run only after gathering too much money. Most politicians invest in such companies through back door..

I never showed an attitude, but i told that i can hold it for years. Just suspicious if they are ponzi scheme or not.

Hope you aint reading your mind  ;D ;D

Hold till the next bullrun and you will get a good profit. That's what I can say right now. XRP is still a good investment for short terms like 1 or 2 years. Don't oanic and don't sell at this huge loss.

This ^. It’s not that Ripple is good or bad, but that it fills a niche. Banks would never get involved with a fully decentralized cryptocurrency, Ripple provides a tool for their business.

My issue is with XRP. I see no real correlation between the success of Ripple and the investment potential of XRP. Ripple deveoped XRP as a proof of concept to market their tech to banks, and released it into the wild to survive on its own merits. Holding and trading XRP is effectively hosting a free tech demo for Ripple. One in which Ripple has a vested interest in having succeed... for now. Once Ripple is established XRP is no longer useful as a promo.

Even so, this isn’t necessarily a bad thing and XRP may survive and thrive in and of itself, which would be a testament to Ripple and their tech. However, I think the distinction between XRP and Ripple is lost on most and when the reality is made clear, XRP may not be the best place to have your money.

I also bought the coin same time as you did. The stuff has just been there without any changes and I also wonder if to sell and recover my funds or just hold.

I don't really like Ripple. after their fall, I immediately sold it. so you better not hold the XRP for too long because you will regret it later.

XRP is always one of the best projects to invest in this market. Ripple is still working hard to bring its solution to financial companies, while XRP is being supported on many new platforms. That's what I think you can confidently hold XRP

stand alone because it will give you results that are much more beautiful for the long term. Although now there is value enough lace, looking at the soaring price of Ripple in the previous year is high enough so it is not impossible it will be high again for next time. so I think still stand alone is a good option to take.

Same here man, i would consider it holding it for another 5 years if price soars. Otherwise i wont mind losing that money.. Lets see how luck plays now.

I don’t know if cooperation with banks is good for the coin, but it’s much safer than big companies. Another question is that all privileges are made not for investors, but for partners, and this of course is disappointing.

It is a pump&dump shitcoin. Dump it as soon as possible.

I don't say you won't be making any money if you hold it. You very well may get some fat stacks by holding it. Even bitconnect made x300.

Ask yourself this:

Why would they wanna replace SWIFT in the first place? I mean what SWIFT can't do but Ripple can? Both of them are centralized projects and whatever you think ripple does, SWIFT does it already.

A lot you need to understand what technology i am talking about. Read here and get educated
https://www.forbes.com/sites/michaeldelcastillo/2019/02/04/top-crypto-blockchain-fintech-companies/#136303886a9c

yes I heard the news some time ago that XRP has got a big partner in India, but for some reason I am personally not very interested in this coin even though its growth is good and even now it is ranked 2. A little advice if you believe in XRP better wait until the time comes.

Indeed XRP is a coin that has good development, seeing the performance and volume that occurs is quite strong especially in capitalization and has been shifted by Eth and returned to rank 3. I think to hold it back and get profits according to your will.

Understand what exactly?


Is this your argument? I mean, really? Not a word from the FED? Nothing from Washington? A shitty article about crypto and 2 sentences for ripple?

Ok, Let's see what we got here:

The article says Ripple aims to replace SWIFT. A centralized project aims to replace another one. So delusional people like you expect the US to dump SWIFT and replace it with Ripple, a product of a private company.

There isn't a single a hint for that happening from the FED, ever, never.

And even if that happens what'll it change exactly?

Do you think the FED will let you to transfer your USD freely as you like?

You must be delusional to think that.

Only decentralized coins like Bitcoin (litecoin, monero etc) can bypass the FED, not ripple.

Your trust rating tells me everything I need to know about you btw.

Rank 2 where?

This?

http://i65.tinypic.com/wsjn1j.png

You must not get yourself notified that ETH has taken over again the no. 2. ;D

I do not see any serious problems with XRP, he like all cryptocurrencies fell in price, the team is engaged in the development of the project, I think now is not the best time to sell.

Its direct competition between the two and these positions changes frequently.

I will say Ripple is going to be next gold in Crypto Currency world, I will suggest buy as many as you can because prices are low, 2020 it will reach $1000.

Ripple is future because it is organised and managed by professional bankers.

Remember my friend Today you have chance to buy ($2) but 2020 you will need $1000 to buy Ripple.

Note: I do not take guarantee of price boom etc however above prediction is totally based on rise of bitcoin and a bit of my market research, please take your own decision/risk before buying any crypto currency.

Cheers...

USD is about to go bust. What do you think will happen to the banks? Deutsche Bank, some Italian and Greek banks are basically broke. What good will customers be, that go out of business. Ripple is clearly a Trojan from the banks or more specific Goldman Sachs. Ripple is not open or decentralized, supply can increase anytime. Sell that garbage and buy sth like Ethereum instead. Or switch to Bitcoin and keep those on a ledger.

What I have noticed also, but I don't think this close competition would last.
My favorite coin will take a big lead and will stay in the top 2 longer, this month investors will follow the development of Constantinople Upgrade.
This one is worth a read. https://ethereumworldnews.com/ethereum-eth-reclaims-number-2-ahead-of-constantinople-edging-out-xrp/

I think he does not check the update on coinmarketcap and he knew that XRP was in the second position in a few weeks ago. But now, ethereum back to the second position and replace XRP but ethereum need to boost the cap if ethereum wants to stay at the number 2. The gap of the price between ethereum and XRP is not too big, and it could change again in anytime, so I think there is a battle from those 2 coins. We can see it later if there are movements from those two coins.

In my opinion, Ripple is taking the right steps in order to make its coin as popular as possible and this will certainly bear fruit!

If you are strong in holding coins for years it is good because the coins that you hold are XRP are not bad coins, believe that this will grow rapidly someday, maybe now the market is bad so all the coins fall in price.

Ripple is a coin with the most partnerships around the world with big financial companies, that makes this coin interesting. Because without partnership nobody cares about you.

The XRP project seems to me to occupy a worthy place among other projects that today generally exist in the top 10. This is definitely a project that requires serious analysis and, of course, investment, because it has already shown its potential many times.

I think if you've been holding your tokens for so many years, you should wait. According to experts, during the next bull market, the capitalization of cryptocurrencies will grow much more than it was at the end of 2017 and we will see Bitcoin at $300,000. Sure, XRP could be worth $5 to $10 per coin by then.

It's hard to have an XRP. Requires continuous monitoring. The price in the market is one of the most swinging assets. I don't usually buy it because I can't follow so tightly.

Ripple price movements are difficult to rise because if there is no good development the price is difficult to rise, there must be good news from the ripple so that the whales can buy ripples again so that the volume of the ripple will increase and can defeat ethereum again.

XRP is excellent coin and it is very strong coin in the crypto market.we all can see XRP is giving excellent results and people believe in XRP so much. I believe XRP will overtake ethereum soon.

and you must not realize that there is no difference between the two ranks because they are both fake and based on market capitalization of these tokens and both of them have huge percentage of premined supply which is helping to bloat up their market cap value and keep their rank up.
if you only consider their real circulating supply and exclude the premine then their "rank" falls down to about 20+.

maybe there are only a few words that might make you sure to invest in ripple. that is, support for the ripple project that continues to flow and to continue to grow and increase its value.

This concerns not only Ripple, but in general cryptocurrency as a whole, because when the market starts to grow, you need to have more coins ready!

I dont think that holding an altcoin for 1 year is really important because you always need your fund, just withdraw it already before its too late.

Well in my case i dont need those funds, so they can remain locked for some more time.

XRP is a coin that has the potential and currently competes with Ethereum. And holding your ERP coins must also be patient and this is better for long-term investment. XRP will continue to grow and I'm sure if the market is pumping, of course, XRP will also increase very high.

Haven't they partnered all the banks already?
They keep announcing all those bullshit for quite awhile if those banks believe on what they are saying, those banks would have bought everything in circulation but its the opposite that is happening. More dumps in the coming days, you have been robbed. There are more to invest, look around.

Ripple is a great coin and you can see this by its developments and amazing partnerships announcements. But the problem is that this coin does not have any limited supply and does not belong to the crypto market.

Ripple is not a coin, it is a company selling near worthless xrp tokens.
Ripple has working agreements with other company's, this has absolutly nothing to do with xrp.
There is a reason Ripple investors did not invest in xrp. because xrp gamblers is the cow which is milked.
Ripple investors financed the stable and purchase of milking equipment.
https://i.ibb.co/r6ZNzg9/ripple-inc-investors.jpg (https://ibb.co/3N0QjwK)
https://i.ibb.co/r6ZNzg9/ripple-inc-investors.jpg (https://ibb.co/3N0QjwK)

https://i.ibb.co/4PTg5Dp/Untitled.png (https://ibb.co/MMV53j7)

No one can shed more light on the future of XRP because their activity is not transparent, the main share of the coins is in the possession of the developers and its price is constantly manipulated. In any case, now I would not sell coins, because in the future it could be sold more expensive

I think the people here still don't understand that XRP isn't the same as Ripple. (except you, of course)

It is always funny to read that people really think that banks will abandon their existing control over SWIFT to get dependent on a private company.  ;D

Yeah, sure guys, banks will definitely use XRP. I mean, why create your own currency, right?  ;)

I think xrpbis one of the best coins out there after bitcoin... yes xrp may be affiliated with some banks... but xrp is no ponzi scheme... people saying xrp is ponzi are just trying to fud

I do not believe in the good future of this coin. I think that this coin is very dependent on banks. If they do not use the Ripple, then this coin will die.

Don't lose hope give your heart strength  on what you saw on the market. Last year until today was the day of falling so keep patient don't  lose hope as you can see before that XRP was rank up in the market so it means it will surviving and their is a possibility that it will rise soon wait and be patient.

XRP is not a ponzi, but the concern is that, it is subject to lots of manipulations.
Apart from the fact that it is a centralized coin, there are some sets of people who are part of the team, that are holding the highest amount, which are huge in number.
That dies not mean you cannot invest in XRP and get your profit, but that i t is not advisable to hold for long.

Well even if these are tokens, they can't run away as they already have so many contracts.

I also held the XRP from last year until now there has been a decline in the XRP. but all the coins also experienced the same thing, for that I still hold XPR until now.

I bought the XRP when the price was 3.65 USD per Ripple. I thought the price will hit 5 USD. But after hitting 3.85 USD, XRP price started falling down incredibly. But I had hope that very soon the price will increase again. From then to now, I holding XRP coins and I will be holding until it hit 3 USD plus again! XRP is a centralized coin and they are making crypto popular among the banks and other centralized sectors. So, this is not a Ponzi scheme to me, look at the rank and volume of XRP! Even it beat ETH's rank several times. So, You are very well to hodl XRP coins until you get a good profit from it. Good Luck.

I am agree that XRP is centralized coin and its different with Ripple network. Ripple network used by many banks for transaction and from what i know, XRP coin used for this transaction. Its good coin but i am not interested for buying and hold XRP join

About XRP, i believe it would be better in the future as we can see that it keep on competing with ETH in marketcap. Keep on holding it will be worth it in the future. FYI, i also has some of XRP coins in my wallet.

in terms of value and trading volume it may be true that ripple will be a rival to ethereum, but I believe ethereum is much better later. the ripple and ethereum will increase in height, it will definitely happen, but ethereum will be superior.

Damn. Quite optimistic. Seeing your investment fall in value over time and praying for a recovery has been the situation for many investors for the last year.

I think it will rise back up in value, but it might take another year or so possibly due to the next Bitcoin halvening which could trigger another bull market. Patience is the name of the game here.

Well if you have bought at that price, i think you should either sell all of them or wait for 5 years atleast.

To keep the coin or not, it’s up to you to decide, but seeing how Ripple is promoting his coin, I think it’s worth keeping in case!

Ripple is one of the most promising coin and I'm not saying this without a basis.
I'm pretty sure holders of XRP despite it's decrease last year is still in profit now, we can rarely see this type of coins
which has billions of supply that reaches at least $1, it's a hidden gem IMO.

Now, if you still have doubt on the future of XRP, better study it's history and it will impress you.

And what to say, he lost the fight to the ether, now it remains to continue to remain at the level and not to lose the majority of investors. After all, the coin is not perfect and is not suitable for many because of its strategy.

See signature, but careful powerful light.

Same goes for me, i'm also keep some XRP coins in my wallet waiting until the price rise again someday. For me i will still wait until XRP coins rise, perhaps just like last year where all the XRP holder feel the sweet of having XRP.

at what price you bought them?

I think that the price of this coin should grow, the price has already shown its growth last year

Ripple will grow again because it gains so much hype from people, but I don't think its a good coin as its basically centralized and controlled.

Ripple is a coin that can be used as a long-term investment, at least 1 year. In my view, Ripple's future as a centralized crypto coin is very bright. That's why if you are looking for digital money that has a good profit level, Ripple can be a profitable choice.

I have bought this coin when it was 2.6$  but when it fall i keep adding if i have extra cash until it fall yo its current level i keep accumulating but as I keep doing research in this coin it is totally centralized since it is not minable and morethan half of its supply is still on its developer position so this may be prone to manipulation or may dump in the future. But with  the current price i guess there is still room for the price to goes up but I would not keep this coin for long term.

I can only say that there are so many options in order not to buy XRP and vice versa. Now a huge number of negative reviews that can help to avoid buying XRP, but here you need to understand that XRP is banks.

XRP is a great investment instrument, but it is not a crypto currency. They have great devs and team members that are making great marketing the whole time, but one thing bothers me and this is the lack of limited supply by this coin.