Bitcoin Forum

XRP ($0,3) is a Great investment or maybe it's the coin of a bankrupt company?

With new partnerships and affiliations coming up regularly i do not think that ripple as a company can be bankrupt rather i think it is a good practical project that is working for implementation of its services globally, if you are worried about price i think all the market is currently struggling so be patient for better price.

It seems like there is a regular stream of good news about XRP. It is surprising that the price doesn't seem to move much in response, and often instead just moves with the rest of the market. Long-term I think XRP is a solid bet for success. I used to be skeptical, but have become more of a believer over time. Regardless of the arguments over whether this is decentralised or not, there is a real use case for this coin.

A top 3 CMC project and great financial support from the Ripple Lab cannot be easily bankrupt. The price only reflects the reality of the market, not reflecting the potential of the company behind the project. I still have a lot of faith in XRP, this is a good time to buy and hold. Always remember that when the market falls, it is the best time to buy.

Ripple is not bankrupt yet, but without the promised partnerships with banks and the actual use of the ripple network to carry out inter-bank transactions the end of Ripple Lab's business is inevitable . Nevertheless, I think that xrp still can bring a good income to those investors who buy at current price ​​or cheaper.

At the moment, this is definitely not a bad company. You can invest in this coin. But what will happen to the project in five to ten years is unknown. But if XRP will use banking institutions on a global scale, then the project has a great future.

It's not a great investment but it's a bad investment, but it's not yet bankrupt because the team still has a very huge pre mined coin. once the team doesn't have anything to sell and this will go bankrupt caused by this platform can't even generate revenue. this platform looks so bad

XRP is a great investment maybe the others think ripple is not good investment or bankrupt because the value did not increased.
I really believe to the XRP and to team of it that they do their best this year to rise the value of the XRP now and the popularity again will be grow.

You know, XRP have more big partners and they have a big ecosystem. In particular, the company is still in good profit. So, can you tell me how can they go bankrupt?

Please reply my comment Hope we have a good discussion on this problem. Tks

Have a good day bro!!

Personally I don't know the future of XRP. it's a mystery to me. For this reason I asked the question.

XRP is a good coin in my opinion, taking into consideration their products like XRAPID which are already functional.  Well, I'm not advising you to bag it, since I'm never your financial advisor. Just do more research on it, know the bad sides (centralized project) and the good sides (very solid project with renowned products) , then do take your decision after doing your analysis.

For me XRP is full of HYPE and depending on the number of supply now and the pump from bitcoin.
But as i see XRP it will degrade the value of its coin sooner or later.
I want to see a great product from them.

With marketcap above 10B USD, how can you say it is a bankrupt company?  :(
They announced many recent collaborations as well as many banks that have adopted their technology, so I still believe in XRP this year.

XRP does not show price movements, but still continues to rank 3. I am not a fan of this coin, but I think something has declined a bit lately. I sold coins a few months ago, when price got up at $ 0.4.

XRP is the token that has already missed it's shot. There were too much promises delivered but very few actions and even fewer results.
The development of the token and it's economics is nearly on halt. There are some small endorsements and experimentation but none has yielded anything for the use of the token or its price.

I generally do not like XRP, and I have not invested in it as well, because I do not buy the idea with which the coin is based on. However, its success with adoption, volume and market capitalization can not be overlooked, for a very long time it overtook ETH as the no 2nd on the coinmarketcap rank, and now sitted which I believe is better than what to be considered a bankrupt company.

A lot of xrpers are looking into elixxir I keep seeing

Well it's pretty obvious that XRP isn't a good investment for retail investors, I mean it's still down by 90% since it's all-time high, while other cryptocurrencies have recovered substantially.

I think it will be big for institutions, the xRapid product already has some big partners, but that's simply to improve the efficiency of inter-bank transfers, no reason to assume that XRP should improve in value in future.

it caused by CEO of ripple bet on elixxir and that's why the majority of ripple supporters are in the waiting list to see where elixxir will go.

XRP is not a good investment at all, no product, no utility usage, it does not even give the ability of security token. ripple is really bad company.

For me, XRP or ripple coin shows a good performance in the market within the couple of years, and i think it would continue to dominate the market as it still shows good improvement in its price. Speaking about bankruptcy, i dont think that xrp goes with that thing, perhaps it would continue to develop and one of the good coin in the market to invest with.

I think XRP will remain one of the top altcoins. Yes it is a long way below ATH, but so are most coins. I am confident it will recover strongly and we will see a good price in the future. Although a new ATH is probably a few years away.

No doubt, XRP remains one of the most influential definition of blockchain technology and its a just a matter of time for it to explode, take a look at its total supply and consider its functionalities and adoptation

They have always been a horrible "investment" their whole purpose is not being an investment to begin with. Ripple as company is doing a job that could be understandable and maybe they are doing something good as well but the fact that XRP is used as an investment instead of simply their own tool for cheap transactions is funny.

You can send millions of dollars for quite cheap on XRP and that is the whole purpose of it, not getting it and than holding it to make any profits. XRP and Ripple are totally different things when it comes to deals, Ripple could have great deals with many corporations but that has nothing to do with XRP aside from the fact that the blockchain of it will be used more, so long story short XRP is not a good investment at all but a great tool.

XRP by far has signed many partnership deals with huge companies with this I don't see XRP as a bank rupt project if they were going bankrupt, these other companies won't have signed up with them for partnership deals.

it is both at the same time.
XRP is a centralized shitcoin with no future which makes it a terrible investment. but at the same time they have always been pump and dumping this shitcoin from time to time. so during those pumping periods it becomes a great investment (short term) to increase your bitcoin wealth by going in at the start of the pump and jumping out when it nears the end of it.

the problem with the altcoin market is exactly this. it has changed from having good projects with real future into shitty projects with best pumps. so we also have to adapt our strategies to this change.

Most likely, this cryptocurrency has a very high potential. We can evaluate this company as the main company that develops software for the banking sector.

It is not a coincidence to see Ripple stay in the top altcoins over years. Over the last two years, Ripple fluctuates between the second and third position on coinmarketcap.com, and I think its performance on coinmarketcap.com's ranking system somehow demonstrates its potential.