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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: TheBitcoineers on January 14, 2021, 05:45:35 PM



Title: Why are people still buying XRP?
Post by: TheBitcoineers on January 14, 2021, 05:45:35 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?


Title: Re: Why are people still buying XRP?
Post by: dothebeats on January 14, 2021, 06:07:26 PM
Possibly trying to convince themselves that Ripple Labs will turn these lawsuits around and be some sort of a fairy tale ending wherein everyone holding XRP will get handsome profits. Seriously, with all those exchanges delisting XRP on their indices, it’s unwise to really push your luck into trading these coins since you’re left out with platforms that are relatively new and unproven when it comes to reliability and integrity. Also you’ll be facing liquidity issues since a lot has already dropped their XRP due to the news. At this point, only the delusional will have faith in XRP, and that’s no exaggeration.


Title: Re: Why are people still buying XRP?
Post by: enhu on January 14, 2021, 06:16:59 PM
There can be 2 main reasons for people still buying xrp:
1) Hardcore supporters that still have hope that xrp will come back stronger and its SEC issues will be resolved.
2) The traders especially those that trade on technical signals think that xrp price is cheap and at longterm support price so for them this is an attractive entry for them.

Traders somehow always think they are tricked and that the lawsuit is just part of the fud. After all, XRP still is working. Its technology didn't stop all because there is a lawsuit though. I tried using it many times since last wee as well. Withdrawing and cashing out XRP is just the cheapest option and while it looks stable, it should be useful. Many still will use it despite the case and it got alliances too.


Title: Re: Why are people still buying XRP?
Post by: DarkDays on January 14, 2021, 06:19:36 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Right, that's a good question. Why would people pay money to buy XRP after all the lawsuit and exchange disqualifications???

I'm puzzled just like you, and I can't say that people don't yet know about it, the lawsuit was covered by all media. Honestly, XRP turned out to be just a drag


Title: Re: Why are people still buying XRP?
Post by: Kong Hey Pakboy on January 14, 2021, 06:43:25 PM
I am also confused about why other people are still currently buying XRP, after the SEC issue because most exchanges have delisted XRP, so it will be huge risk if people will continuously buy XRP. I think investors are trying to take advantage on the cheap price of XRP, assuming XRP can recover it's price back if Ripple will resolve it's issue.


Title: Re: Why are people still buying XRP?
Post by: bttmember on January 14, 2021, 06:55:00 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Why they should not? Xrp is perhaps the most undervalued coin in the top 20 list so definitely it is attractive for investors, secondly do not forget that xrp has a big community and despite the panic and negativity it is still the 3rd largest crypto coin so i believe it is here to stay.


Title: Re: Why are people still buying XRP?
Post by: MishaSER on January 14, 2021, 07:05:30 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Perhaps people have the hope that they will win the court, if for a moment think about what will happen if everything goes in favor of xrp, then this is the most ingenious plan.


Title: Re: Why are people still buying XRP?
Post by: bitmover on January 14, 2021, 07:28:41 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Well, you got disinterested for the wrong reasons.

This 20 XRP is a required deposit to avoid the creating of millions of wallet that would be considered a spam or malicius usage of the network

Quote
Ripple ledger uses 20 XRP unspendable balance as a restriction measure to prevent the shared global ledger from growing excessively large as the result of spam or malicious usage.
https://support.atomicwallet.io/article/43-why-20-xrp-is-an-unspendable-balance#:~:text=Why%20Ripple%20Ledger%20has%20this,in%20the%20shared%20global%20ledger.

This is, by itself not bad. How much have you ever paid your bank or Visa in fees? You know that visa fee is about 2-5% of each transaction.

The problem with Ripple, which is basically the same of all other altcoins, is taht is it centralized.

As banks own a lot of XRP, i think it still have an upward potential. But after SEC investigation, that upward potential is considerable smalle.r..


Title: Re: Why are people still buying XRP?
Post by: tycsols on January 14, 2021, 07:45:21 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Why do you think that xrp and ripple are done and dusted, if you follow them you will know they are working and it is business as usual for them so unless there is a serious ruling against them the project is here and what i see is that the majority of market players are still hopeful that the issues will get cleared soon.


Title: Re: Why are people still buying XRP?
Post by: 20kevin20 on January 14, 2021, 07:47:51 PM
Because people care about profit more than anything else. Crypto is used more as an investment than anything else, and we have to accept that. XRP is probably doomed and I hope it is out for good, considering the damage it's done to the markets mutliple times in a row.


Title: Re: Why are people still buying XRP?
Post by: ScamViruS on January 14, 2021, 08:08:54 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

People are buying XRP because they are probably expecting from the current state of XRP, the verdict in favor of XRP will be through the courts. All investors want to make a profit, the investors who are now buying XRP may have recently increased their holdings due to the huge dump of XRP.


Title: Re: Why are people still buying XRP?
Post by: serjent05 on January 14, 2021, 08:24:56 PM
There can be 2 main reasons for people still buying xrp:
1) Hardcore supporters that still have hope that xrp will come back stronger and its SEC issues will be resolved.
2) The traders especially those that trade on technical signals think that xrp price is cheap and at longterm support price so for them this is an attractive entry for them.

Or it is possible that the ones buying hard are the developers themselves.  They have the fund from the long time monthly selling of their stash to keep the price and possibly pump them.  They are doing this to convince bystanders and observers that the XRP price won't be affected even though there is a lawsuit against them.  Which if successful will make the XRP market neglect and forget the current lawsuit against them. 


Title: Re: Why are people still buying XRP?
Post by: blockman on January 14, 2021, 10:55:12 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized.
The 20 XRP wallet balance isn't that much way back then and I don't mind having it on a wallet. It's like a safety deposit which will be landed to the wallets and won't be claimed anymore, forever.

But now, with the giant lawsuit, why are people still buying?
As long as it's purchasable through several exchanges that have it, you can't stop people to buy it. You even see people buy shitcoins.


Title: Re: Why are people still buying XRP?
Post by: Quidat on January 14, 2021, 11:03:40 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?


BUY LOW SELL HIGH!
This had been the common reason because no matter how bad the news is, you cant really remove on someones mind not to take out actions on buying out while its still cheap
or there are bloods on the streets.People do usually get hesitant into these kind of times on where they thought that it would really die but eventually the price had
climbed up a week ago as far as i remember which is really a profit making opportunity to those who risk out on buying while its still cheap but of course at this
moment we are seeing that it is really dumping once again. Dead cat bounce?


Title: Re: Why are people still buying XRP?
Post by: bittick on January 14, 2021, 11:20:08 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
people are buying it consider about the profit that they can from it from there. RIpple traded at the bottom price and the short term traders were using it as a new bet to gain the profit from the bounce that can happen anytime. It looks like the price of ripple is going down again and the short term traders are leaving it for DOT.


Title: Re: Why are people still buying XRP?
Post by: AmoreJaz on January 14, 2021, 11:25:25 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
people are buying it consider about the profit that they can from it from there. RIpple traded at the bottom price and the short term traders were using it as a new bet to gain the profit from the bounce that can happen anytime. It looks like the price of ripple is going down again and the short term traders are leaving it for DOT.

i believe a lot are still interested especially those scalpers that are still getting profit from this market. i dont think most of them are thinking of long time hodling. the future of xrp is hazy at the moment, so holding it, is really quite dangerous. so i believe, most of these traders are just here for short term profits.


Title: Re: Why are people still buying XRP?
Post by: Banulit on January 14, 2021, 11:40:41 PM
The reason why people still buying XRP is because they are seeing that the price of it is very manageable and undervalue as of the moment. Also, even though ripple is having a lawsuit case they still believed that XRP will win and overcome this trials and once again rise up which will definitely give them a much better profit.


Title: Re: Why are people still buying XRP?
Post by: asriloni on January 15, 2021, 03:27:40 AM
The reason why people still buying XRP is because they are seeing that the price of it is very manageable and undervalue as of the moment. Also, even though ripple is having a lawsuit case they still believed that XRP will win and overcome this trials and once again rise up which will definitely give them a much better profit.
it's still over valued at this moment.

Ripple is still waiting for the new enforcement director to come and we will see whether ripple can still be used by SEC or not. The ripple holders were believing if the new director will have different perspective to the ripple.
It's the thing that being used by ripple holders to still bet into the ripple coin at this moment.
https://cointelegraph.com/news/xrp-price-fails-to-ignite-recovery-as-sec-enforcement-director-leaves-post


Title: Re: Why are people still buying XRP?
Post by: maxreish on January 15, 2021, 04:41:25 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

What do you mean 20 xrp minimum? Oh, or perhaps you are talking about some requirements of other non custodial wallets. 20 minimum should be stored to do some transactions. It doesn't matter to me, in fact I comply with their TOS.

On the other hand, am one of those who still bougjt xrp. As you know, even delisting and SEC suit issues were very noisy this past few weeks. As long as they are not yet official announcement from their own company then xrp will still be active and price will still flactuate and we can still trade it in some exchanges. As long as they are still buying this coin because they still believe that xrp will going to win this case, then it will still be a good buy.


Title: Re: Why are people still buying XRP?
Post by: shoreno on January 15, 2021, 06:44:32 AM
you mean some xrp wallets that you have used requires a 20 xrp minimum balance for you to continue using the wallet?  or it is a fee because you wont be able to use it again but that was the worst rule for a wallet that i ever heard of .

 i use xrp and xrp wallet last year but it didnt requires me to do the same . you need to stop using a wallet like that and search for another xrp wallet . that shouldnt stop you to use xrp but not for the last two reasons thar you have stated because those were already serious


Title: Re: Why are people still buying XRP?
Post by: Botnake on January 15, 2021, 06:47:23 AM
There's a volume still in the daily transaction, but we could not verify if there are a lot of investors who are buying Ripple.  Actually this is a big coin, it will not easily fall but those who are buying it are really taking the big risk that their investment could go worthless once Ripple executives are proven guilty of a big violation.


Title: Re: Why are people still buying XRP?
Post by: LogitechMouse on January 15, 2021, 08:11:06 AM
Profits.

Lets face it, many traders gained a lot with XRP when it fell at around $0.20. Many people gained easy profit with Ripple and as a contrarian, I also bought some Ripple too at the $0.20 too and now at a profit. I'm not holding it for long term but I just bought them for short term and that is already an easy profit knowing that it already fell too much. I know that there is a risk on buying it but I took the risk and now I got rewarded and many traders took the risk too.


Title: Re: Why are people still buying XRP?
Post by: Gunday_07 on January 15, 2021, 08:16:29 AM
To make more profits, idiots are those who believe that SEC is a project killer when there is no prove that SEC has killed a top project before, it's true that some projects never remain the same after SEC bounced on them but come on this is XRP for crying out loud, I doubt SEC will have bad effect on this project


Title: Re: Why are people still buying XRP?
Post by: Anonylz on January 15, 2021, 10:37:54 AM
To make more profits, idiots are those who believe that SEC is a project killer when there is no prove that SEC has killed a top project before, it's true that some projects never remain the same after SEC bounced on them but come on this is XRP for crying out loud, I doubt SEC will have bad effect on this project

It is something to consider because you don't know the extent to which the sec law suit will go and what damage it might likely cause to the project, this are some of the things people where consider when they decided to dump or sell their holdings when the issue started,
it is not easy to fight against the law especially when the offense is high, but if that company has a solid backing probably it will be able to withstand any pressure and survive.


Title: Re: Why are people still buying XRP?
Post by: cilgindansci on January 15, 2021, 10:49:12 AM
US President is now Biden. He selects new competents for institutions in the country. One of these appointments will be SEC related.
We will follow the new SEC President's attitude towards cryptocurrencies. I think the new SEC President will have very good results for Ripple.


Title: Re: Why are people still buying XRP?
Post by: mu_enrico on January 15, 2021, 11:01:14 AM
As I said, the Crypto market is irrational and highly manipulated. It doesn't matter if the coin was hacked, useless, scam, etc., as long as whales still hold it tight and the bot's algorithm is still function, we won't see the epic dump.

But, it will go to zero just like Bitconnect if the SEC gives its final decision to ban XRP.


Title: Re: Why are people still buying XRP?
Post by: Imran232 on January 15, 2021, 02:42:59 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

It is a decision for expert traders what i think. People are leaving xrp because they are very afraid for suspend some biggest us based exchange but its not mean that xrp will be gone or it has no power to get back. Some of exchange suspend it for us not for world but it still in lots of biggest exchange. Now the expert trader see the potential and they know that it is in deep but the price will be high Again. That is why they take this chance to buy the coin in this deep price that is called another secret method in crypto market. That is why people still bying xrp.


Title: Re: Why are people still buying XRP?
Post by: Bitstar_coin on January 15, 2021, 02:49:37 PM
As I said, the Crypto market is irrational and highly manipulated. It doesn't matter if the coin was hacked, useless, scam, etc., as long as whales still hold it tight and the bot's algorithm is still function, we won't see the epic dump.

But, it will go to zero just like Bitconnect if the SEC gives its final decision to ban XRP.

very irrational and full of surprises but i know this won't linger for a long time, even if the whales are manipulating and trying to put up a front, it won't last long, i think the price of xrp is still moving up or down because the final verdict have not been passed just as you said, if i where investors of this coin, i will wait it out and hear what the final verdict will be before any kind of investment, they could be buying time with this strategy, just saying  :-X


Title: Re: Why are people still buying XRP?
Post by: kevinzxz on January 15, 2021, 03:25:19 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

if I think they want to gamble by investing in XRP, because the price of XRP has fallen very far and of course if the price of XRP increases very high in the future (maybe there is something or news that could make the price of XRP rise very high) then they will get a lot of profit, but of course they must be prepared with a big risk, because it is possible that the price of XRP may not increase and instead go down.


Title: Re: Why are people still buying XRP?
Post by: Deddyhoku on January 15, 2021, 03:26:58 PM
They just want to earn money on it, speculations and nothing more. Im not sure that there are enough real supporters in the internet


Title: Re: Why are people still buying XRP?
Post by: Shasha80 on January 15, 2021, 03:33:19 PM
A very interesting question, with a lot of bad news happening on XRP why are there still investors interested in buying XRP. Even XRP is still in
the top 4 cryptocurrencies, this actually confused me at first. But after I did my investigation, It turns out that there are still many investors who
believe XRP will provide big profits after solving the problem of the SEC accusations. But I think it's very difficult to beat the SEC in court, so I better
avoid investing in XRP right now. Until there is clarity of the final court ruling regarding the SEC's suit against XRP.


Title: Re: Why are people still buying XRP?
Post by: BitindaHouse on January 15, 2021, 05:50:48 PM

People buy XRP BECAUSE every coin has the ability to grow. Of course, it can fall, but as practice shows, then all coins will rise in value many times, I'm sure of that. !!!!!!!!!!!!!!!!!!!!!


Title: Re: Why are people still buying XRP?
Post by: magneto on January 15, 2021, 06:57:03 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

I actually got turned off XRP for exactly the same reasons as you.

The team doesn't seem to care about lowering the 20 XRP minimum, which should be the most logical thing to do after their coin went on a price hike for the ages. And although their main selling point was that they are a coin with real, fiat-world sponsors, that is really a double edged sword - it also means that their coin is totally centralised and really no different to fiat-economy financial services.

But it actually makes sense that people are buying. You have to take into account the price at which they are buying at, which is a huge discount compared to the highs of 2017. The majority are simply speculators looking to time a rebound, and/or hoping for some regulatory changes.

You have to understand that even the worst altcoins can be a bargain at a certain price.


Title: Re: Why are people still buying XRP?
Post by: tvplus006 on January 15, 2021, 07:06:33 PM
It is obvious that not all countries share the position of the SEC in relation to XRP. Accordingly, it will not matter for all countries what decision the court makes in this case. So a few days ago, "UK Treasury officially equated XRP Ripple to cryptocurrencies along with Bitcoin and Ethereum, stating that it is not a security": https://atozmarkets.com/news/uk-treasury-classifies-xrp-exchange-token-not-security


Title: Re: Why are people still buying XRP?
Post by: trauchot on January 15, 2021, 07:53:09 PM
Many people see that the XRP price has dropped very much and therefore people hope that everything will be fine with XRP and people hope that all courts with SEC will end in favor for XRP and after all this people think that the XRP price will start to rise, most likely people are counting on this.


Title: Re: Why are people still buying XRP?
Post by: adzino on January 15, 2021, 08:16:15 PM
Due to this lawsuit, the price has fallen significantly. People are now buying at this low price. They believe that if somehow ripple manages to defend themselves, the price of XRP might skyrocket. So they are taking the chances. I would say really risky, but yeah without risk there are no profits.
What if even after defending themselves, "most" people loses confident and the price no longer goes up? Or it might be the opposite, who knows. So, yeah they are risking it to get the maximum profit!


Title: Re: Why are people still buying XRP?
Post by: didzi on January 15, 2021, 08:46:10 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

simple reason, because people who buying xrp still believe if xrp will grow my friend
as you can see now, even this coin has a lawsuit issue, but this coin still stand in the TOP list of cryptocurrency right ?


Title: Re: Why are people still buying XRP?
Post by: Oasisman on January 15, 2021, 08:48:35 PM
Due to this lawsuit, the price has fallen significantly. People are now buying at this low price. They believe that if somehow ripple manages to defend themselves, the price of XRP might skyrocket. So they are taking the chances. I would say really risky, but yeah without risk there are no profits.
What if even after defending themselves, "most" people loses confident and the price no longer goes up? Or it might be the opposite, who knows. So, yeah they are risking it to get the maximum profit!

I guess that's the highest form of risk tolerance but yeah that's the idea behind this reality about the people who still buy XRP, and this Idea ain't far-fetched. Ripple has still a chance to turn this lawsuit around. I mean whenever Ripple successful defend themselves, then who doesn't want to buy a very cheap crypto asset who had a history of producing a huge amount of profit. Or It could be the other way around for these risk takers.


Title: Re: Why are people still buying XRP?
Post by: Rengga Jati on January 15, 2021, 11:59:28 PM
Many XRP holders still believe that XRP still can grow and develop. And after if XRP wins the problem, the price will pump again as what happened before this case. I am personally still holding some XRP. And not willing to sell it off right now or even cut loss, just let it be in my wallet although that is not a small amount  ;D


Title: Re: Why are people still buying XRP?
Post by: LittleJadiel on January 16, 2021, 01:01:45 AM
Probably those who want to stay loyal, praying that Ripple can turn things around with this SEC issue so they could brag about it in the future in case it does happen.


Title: Re: Why are people still buying XRP?
Post by: shinratensei_ on January 16, 2021, 02:21:44 AM

People buy XRP BECAUSE every coin has the ability to grow. Of course, it can fall, but as practice shows, then all coins will rise in value many times, I'm sure of that. !!!!!!!!!!!!!!!!!!!!!
What? it's only for the speculators but when you are talking about the fundamental of the project and this coin has no good fundamentals consider it can be burned to the hell by SEC anytime.
The different cases will be happening when the accusation was coming from the regulators.
You will be only getting two results from the battle with the regulators. You are winning the game or dead.


Title: Re: Why are people still buying XRP?
Post by: sgenuine on January 16, 2021, 08:31:40 PM
Ripple company has already said that they will not get involved in litigation and if the opportunity presents itself, they will simply pay a fine.
The most interesting thing is that in the legislation of the UK,Japan, Switzerland, Singapore ,Australia, Ripples are not considered violators.


Title: Re: Why are people still buying XRP?
Post by: krisnajsadrak on January 16, 2021, 10:12:25 PM

People buy XRP BECAUSE every coin has the ability to grow. Of course, it can fall, but as practice shows, then all coins will rise in value many times, I'm sure of that. !!!!!!!!!!!!!!!!!!!!!

but now the rank of xrp in coinmarketcap down and polkadot replace it position buddy
seems this is a big sign if xrp can't hold its positions in coinmarketcap and maybe this is only the beginning, then xrp will go outside from the TOP 10 coins in cmc soon or later


Title: Re: Why are people still buying XRP?
Post by: jademaxsuy on January 16, 2021, 10:19:28 PM
XRP is still doing good and only few people are leaving XRP making its market price falls down a little bit. However, I do not believe that XRP can get to end for many crypto users still believing in XRP.

This is why in some of my previous post chosing an altcoin may be gain huge profit but too risky. So, the most reliable form of investment in cryptocurrency is to invest in bitcoin. No other crypto can do better in investment and assurance to earn except bitcoin. This is way better than chosing altcoins.


Title: Re: Why are people still buying XRP?
Post by: inanilujimi on January 17, 2021, 01:26:47 AM
I personally do not dare to buy XRP for now, but the reason some people buy is because of the trade which of course can generate profits in the near future with some say that if XRP manages to win in this case it can make the price continue to increase, and a miracle that people believe hold xrp will pay off.


Title: Re: Why are people still buying XRP?
Post by: asriloni on January 17, 2021, 02:27:40 AM
Probably those who want to stay loyal, praying that Ripple can turn things around with this SEC issue so they could brag about it in the future in case it does happen.
True, people who still bought this garbage coin just its loyal supporters and no mo. I'm still waiting for the action that will be taken by the new director of SEC(Jay Clinton) to the XRP's case.
I do believe if he will continue the case. We will see that in the next months and probably the court will start the case to take the judgement for ripple to be classified as a security or not.


Title: Re: Why are people still buying XRP?
Post by: yazher on January 17, 2021, 03:45:06 AM
I think what they're doing right now is trying to create a pump and dump situation where they put some of their money in XRP to make it look like they don't really care about the lawsuit they have done that just for bait and when those ignorant people think the other way and convert most of their money into XRP, that's when they get back their money but this time with a high amount of returns. because when those ignorant people invested the price of course has increased. that's why you need to be careful guys, the XRP today is not like we used to now.


Title: Re: Why are people still buying XRP?
Post by: so98nn on January 17, 2021, 04:08:15 AM
Possibly trying to convince themselves that Ripple Labs will turn these lawsuits around and be some sort of a fairy tale ending wherein everyone holding XRP will get handsome profits. Seriously, with all those exchanges delisting XRP on their indices, it’s unwise to really push your luck into trading these coins since you’re left out with platforms that are relatively new and unproven when it comes to reliability and integrity. Also you’ll be facing liquidity issues since a lot has already dropped their XRP due to the news. At this point, only the delusional will have faith in XRP, and that’s no exaggeration.

"Delusional", I like this concept and most of the people are into it right now. I mean you have whole ocean of profits around you (ex. btc, eth,) then why would anyone have belief in the lawsuit claimed company? It's like entering into market which has put up all its money at stake and there is no guarantee they will have recovery for this at all (?)

If anyone is putting money into XRP right now then they are literally flooding the money into companies law department to run the case.  ;D ;D

It's a wake up call really for everyone who think XRP will have throwback in the fuutre. 


Title: Re: Why are people still buying XRP?
Post by: LimLims on January 17, 2021, 04:39:48 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

The main reason for this might be that , it’s holders still think that the SEC issue with the coin will be solved very sooner.
But they aren’t aware of what is the scenario outside their imagination.
I have also heard that many people still holding it due to it’s low price.
And according to them, they had strong belief that the coin will be back recovering,
And they will earn huge profit from it.


Title: Re: Why are people still buying XRP?
Post by: raidarksword on January 17, 2021, 04:49:34 AM
People still buying xrp because they believed that lawsuit was only a FUD to them and with that effect it escalated panic selling that's why xrp fanatics are buying the dip for future  assessments after the issues that xrp are facing right now. I still using xrp for withdrawal purposes because for me it has low fees and fast transactions no matter if it's centralized I still have benefits on them for now.


Title: Re: Why are people still buying XRP?
Post by: buriks on January 17, 2021, 05:59:14 AM
if at this time there are still many who sell or buy ripple because many of them are investors who may still hope to return the capital they have invested. and see how many are buying it because many small investors are expecting a profit while there is still a chance. because in my opinion ripple is falling for now, but it doesn't matter if we trade with not too large capital on the exchange.


Title: Re: Why are people still buying XRP?
Post by: JeffBrad12 on January 17, 2021, 06:11:14 AM
if at this time there are still many who sell or buy ripple because many of them are investors who may still hope to return the capital they have invested. and see how many are buying it because many small investors are expecting a profit while there is still a chance. because in my opinion ripple is falling for now, but it doesn't matter if we trade with not too large capital on the exchange.
As said by so many members if those are only betting and they are not investing. They are betting on the decision that will be taken by the court in the future. This is likely when you are betting with something that's not yet clear whether it will be considered as a security coin or not. People are losing their mind to get the short term profit. They are risking themselves to shorting the ripple market.
They are very ambitious caused by the possibility to get instant profit.


Title: Re: Why are people still buying XRP?
Post by: Dr.Osh on January 17, 2021, 06:19:08 AM
I don't know, after hearing the news from the SEC, I stopped following XRP's developments because I was pretty sure that the price was going to fall. however, until now, the price is still quite stable, and it is still going on, in fact, some people still really believe in the development of XRP, so because of that, they are still buying XRP until now.


Title: Re: Why are people still buying XRP?
Post by: maye5104 on January 17, 2021, 06:41:18 AM
Maybe some inexperienced investors believe Ripple will win the lawsuit and succeed in the future. If the suit gets dropped, XRP will literally moon.


Title: Re: Why are people still buying XRP?
Post by: rainingbitcoins on January 17, 2021, 06:59:11 AM
I think most people who buy ripple for now are lure from them to trade and play the price and I think ripple is currently not optimal for now if it is used as a long-term investment because the volume on the market is decreasing. but what I wonder why is it still listed on the exchange? doesn't that mean that Ripple itself is not a scam.


Title: Re: Why are people still buying XRP?
Post by: chikading2016 on January 17, 2021, 09:44:29 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Everyone of has an own sigth with regards to the coin that we invested, if you dont like the coin example the  XRP,XLM,etc, there are still people that like it and still invest into it because we have different understanding about the different coin, i believe that those people who still invest on xrp knows what they are doing, maybe they have a feeling that xrp will soon rise.


Title: Re: Why are people still buying XRP?
Post by: Apostlekin$$$ on January 17, 2021, 09:47:26 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Asking why people still buying XRP is like asking why people are investing in cryptos, isn't it all about money making? Most people don't even invest for what the project is all about or how useful the project can be, it's all about doubling their money in no time


Title: Re: Why are people still buying XRP?
Post by: tvplus006 on January 17, 2021, 01:55:43 PM
XRP has issues with SEC. Already price of XRP dumped more than 100% with the news in the last December. Still not solved the problem. CEO of XRP already said to solve issues. Many exchanges start delisting XRP from their exchanges. It's bad time for XRP. I won't recommend to buy XRP in this situation.

It will be possible to talk about the fate of XRP only after the court makes its decision. Until then, all purchases of XRP at the dumping price will be risky. But at the same time, it may be the best investment that will bring more profit, if the court rules in favor of Ripple.


Title: Re: Why are people still buying XRP?
Post by: Handsome Boy on January 17, 2021, 02:07:48 PM
There can be 2 main reasons for people still buying xrp:
1) Hardcore supporters that still have hope that xrp will come back stronger and its SEC issues will be resolved.
2) The traders especially those that trade on technical signals think that xrp price is cheap and at longterm support price so for them this is an attractive entry for them.
I want to add the points that you have made,
3) New investors want to start investing in cryptocurrency, so he wanted to invest in a safe cryptocurrency (top 10 on coinmarketcap) and of course with the price of XRP is falling (far from its ATH price), so he is interested to investing in XRP and hope that the price of XRP increases very high (reaches its ATH price), although he didn't know that XRP was in trouble (SEC sued Ripple).


Title: Re: Why are people still buying XRP?
Post by: Febo on January 17, 2021, 02:08:20 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

They are buying it from same reason as they did a month ago. To sell it at higher price. Speculation. That is why XRP was made in first place. Well to make owners of Ripple rich and for others to speculate on its price. That is its sole usecase.


Title: Re: Why are people still buying XRP?
Post by: ChrisPop on January 17, 2021, 05:55:45 PM
I bet there are still plenty of people out there that trade XRP and haven't even heard about the lawsuit. Others might think this is a good R:R trade if Ripple Labs manages to somehow win the case which is very unlikely. Others are just purebred gamblers haha


Title: Re: Why are people still buying XRP?
Post by: Congyang on January 17, 2021, 08:34:20 PM
it looks like that person is the type of person who still hopes with xrp or a beginner who doesn't know about xrp in detail. So for anyone who already knows XRP and is not interested, my advice is don't buy and allocate assets for other tokens that have the potential or you won't get a profit


Title: Re: Why are people still buying XRP?
Post by: seleme on January 17, 2021, 09:19:13 PM
It seems people believe in XRP and thinks XRP can be one of the best altcoins in the future. l think there is a really good chance for XRP to be among the best altcoins. But people who want to buy XRP for making good money should wait for a bit long time. That is why XRP is a good choice but for long term investing. It will take a long time for XRP to get a good price. XRP and SEC issues can go longer than 5 years if the court doesn't solve this quickly. The issues will remain for a year and this problem will not let the XRP investors pump the altcoin to old ATH. Unless bulls get aggressive on market, the $0.5 will be a dream for XRP investors and the trades will go underwater, in my opinion.


Title: Re: Why are people still buying XRP?
Post by: makishart on January 17, 2021, 11:05:25 PM
it looks like that person is the type of person who still hopes with xrp or a beginner who doesn't know about xrp in detail. So for anyone who already knows XRP and is not interested, my advice is don't buy and allocate assets for other tokens that have the potential or you won't get a profit
The majority of them are still the longterm supporters of XRP. That being said if the loyal supporters of XRP are not moving yet to the another altcoins.
They will be moving when the price of ripple will touch zero value. When the new SEC chainman will be continue to suing it again and i do believe these loyal supporters will be slowly liquidating their XRP.


Title: Re: Why are people still buying XRP?
Post by: pinggoki on January 18, 2021, 11:01:29 AM
yes because Ripple is still a part of cryptocurrency, even though they have bad rumors and are still being investigated by the SEC, Ripple still has a strong community, dumps can happen because of the outflow of market capital by traders, but investors still believe in Ripple until everything resolved by the SEC
The thing is that why people are still buying xrp although the xrp will be suspended by January 19 in some exchangers? And also it will be suspended in coinbase. The depositing and withdrawal of xrp will be suspended, why people are still buying xrp? This is not because xrp or ripple is still part of cryptocurrency but the people are looking it as an major and long term investment. I thought that this would be probably the main reason why people are still buying xrp although it will be suspended soon.


Title: Re: Why are people still buying XRP?
Post by: Coinsfera on January 18, 2021, 11:50:16 AM
Most likely, they think XRP prices will hit the moon as the SEC lawsuit closes in favor of Ripple.


Title: Re: Why are people still buying XRP?
Post by: Novatech8 on January 18, 2021, 04:17:32 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
The higher the risk the higher the reward, lawsuits my foot, what makes crypto a fun place to be is the risks involved, XRP is a top altcoin project and it's the first that SEC will go after, there hasn't be any top project that SEC went after, what makes you think that XRP won't be victorious here?


Title: Re: Why are people still buying XRP?
Post by: tvplus006 on January 18, 2021, 04:52:35 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
The higher the risk the higher the reward, lawsuits my foot, what makes crypto a fun place to be is the risks involved, XRP is a top altcoin project and it's the first that SEC will go after, there hasn't be any top project that SEC went after, what makes you think that XRP won't be victorious here?

Now, many countries are opposed to the SEC's requirements, which will be happy to see the Ripple campaign in their jurisdiction. I'm not a fan of XRP, but I see this lawsuit story as a good opportunity to make a profit. And those who managed to navigate correctly, bought coins for 17 cents and now hold XRP coins with a small profit by setting a stop loss.


Title: Re: Why are people still buying XRP?
Post by: 777Jolami on January 18, 2021, 05:03:31 PM
Most likely, they think XRP prices will hit the moon as the SEC lawsuit closes in favor of Ripple.
That is a good reason.  but I have more reason, covid - 19 - the banking chains of most countries stall and cash is gradually being limited is to reduce covid -19 infection problems.  They buy xrp and it's completely free to use and transfer money.
Good sign when the xrp value drops and just waits for the report to be removed from the SEC.


Title: Re: Why are people still buying XRP?
Post by: Mahdirakib on January 18, 2021, 05:52:17 PM
I bet there are still plenty of people out there that trade XRP and haven't even heard about the lawsuit. Others might think this is a good R:R trade if Ripple Labs manages to somehow win the case which is very unlikely. Others are just purebred gamblers haha
But I believe all of the xrp trader have heard about the lawsuit. Even a newbie investor might heard about it. Cause xrp price have fallen down sharply while whole crypto market was moving forward. Probably everyone searched for the reason when it happened. So the matter shouldn't be unknown to any traders. Maybe few people believing that ripple will win the case in court. Or they are purebred gamblers as you said. And taking the risk by investing in xrp.


Title: Re: Why are people still buying XRP?
Post by: Dessy88 on January 18, 2021, 05:58:59 PM
I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.


Title: Re: Why are people still buying XRP?
Post by: TopTort777 on January 18, 2021, 06:08:06 PM
I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

Its price still recovers as bitcoin price grows. You can still earn few percents on this ups and down. Or you can arbitrage ripple on several exchanges.
There are still people who thinks that ripple can get away from sec claims (lol) and buy “cheap” ripple now.


Title: Re: Why are people still buying XRP?
Post by: Fatunad on January 18, 2021, 06:37:10 PM
I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

Its price still recovers as bitcoin price grows. You can still earn few percents on this ups and down. Or you can arbitrage ripple on several exchanges.
There are still people who thinks that ripple can get away from sec claims (lol) and buy “cheap” ripple now.

Any altcoin in the market does really correlate with bitcoins price its never been dependent or reliable thing for you to depend when making up investment decisions.
In the question on why people do still buy inspite of the situation where XRP is facing then there are people which can really play with fire and taking up
some risk to buy even though they are full aware on whats happening around with XRP. If we have observed after the dip of its price, it did really eventually
have some recovery which means that was an easy money for those who do took risk on buying it while its still on deep red.


Title: Re: Why are people still buying XRP?
Post by: JahriMeayer on January 18, 2021, 08:09:32 PM
If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$


Title: Re: Why are people still buying XRP?
Post by: Beparanf on January 18, 2021, 10:01:02 PM
If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$

The reason why XRP recovers is because they are countering it with shill post that XRP really don't have any charges from SEC to hype again XRP holders.I can't find anymore the exact article but it was published on news platform and this article is been circulating on social media since last week.

Soon this coin will be totally dead once SEC force them to halt trading due to Security Token issue just like Airfox and Paragon.


Title: Re: Why are people still buying XRP?
Post by: Pamadar on January 18, 2021, 11:56:43 PM
If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$

Those people who take the risk are good players ho understand the sentiments of investors.

Though not all are such kind as there are still other  newcomers who thinksthat this coin still good for long term as the project still
inside the top 10 of CMC, not realizing that the case from SEC is well enough to put this coin down. It's very risky and if you don't have
any good experienced riding with the wave then better to stay away and find other project to invest your money.


Title: Re: Why are people still buying XRP?
Post by: Darktongue on January 18, 2021, 11:58:23 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
You are making points against some cryptocurrency lovers. We all have some favorite coins, we don't accept any bad comments on our favorite coin. I don't support Ripple so much, but Ripple supporters still believe XRP will overcome this problem. Maybe investors are thinking XRP could return high profit after this problem, but smart investors never do that.


Title: Re: Why are people still buying XRP?
Post by: jostorres on January 19, 2021, 02:49:39 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
I guess people still do believe that SEC will just let XRP go without any questions asked at all. Do you really think SEC will allow Ripple to get away for free without letting them know we need to be exposed? Ripple will be forced to find a way to let SEC know every single person who owns XRP, obviously only in USA but every single place who trades with XRP will have to use KYC and every person will be forced to say how much they have and which address is theirs, otherwise nobody can have XRP and if they do, it will be illegal.

Why would SEC allow one company to do whatever it pleases, print their own money and sell it and get hundreds of millions of dollars profit from it while maybe laundering money for bad people? They will most absolutely get whatever they want from Ripple and all the people who expect this to be soon over and price going up are wrong on the "over" part (price may go up, that's irrelevant).


Title: Re: Why are people still buying XRP?
Post by: Inkdull on January 19, 2021, 05:54:09 PM
They keep investing because it's a top project, if XRP is ranked 200 on coinmarketcap and SEC comes along like they did right now people will surely stop adopting the project but for the fact that XRP is a big project it won't die easily, I believe this challenge is an opportunity


Title: Re: Why are people still buying XRP?
Post by: Traderbtcc on January 19, 2021, 09:29:23 PM
Who are buying the dips? It's simple they are traders or investors who are looking to buy now that the price is kinda low and expect it to pump later on in the future, so they can make some profits :D, Ripple has a good community support cause even with the law suit, its still among the top 10 cryptocurrency chart, even though it dipped in terms of price and marketcap, I honestly thought with this lawsuit alot of bad things where going to happen like XRP loosing it's spot to Litecoin, but some how it managed to stay on  top.


Title: Re: Why are people still buying XRP?
Post by: elsya syafira on January 20, 2021, 02:22:08 PM
because there are still many who give confidence in the ripple, that is why when ripple is still active on the listed exchanges. and most people today buy ripple to hold it long enough to make a big profit. besides that, I think that currently Ripple is still holding out until it is delisted on the exchange.


Title: Re: Why are people still buying XRP?
Post by: examplens on January 20, 2021, 04:09:05 PM
A few days ago, I was doing consolidation some of my coins, then I need to send it from one exchange to another. XRP had by far the lowest withdrawal fee, 0.1XRP which is ~$0.025 at the moment. Listed probably on all major exchange, low spread, easy to sell, transaction executed almost instantly.
So why not to buy and use XRP?


Title: Re: Why are people still buying XRP?
Post by: imstillthebest on January 20, 2021, 04:26:08 PM
It is simply because people have the trust in XRP and hoping that it will come back on top again in the near future. Remember that it is still in top ranking cryptocurrencies in the coinmarket, so it is not bad to invest on but still be cautious enough.
Yes, in terms of ranking it can still be said to be very good because the XRP token is still in the top five in the list of coins, so it is still worth choosing as an investment token even though it is not suitable for the long term, but for the short term I think it is still very suitable.
we often suggest buy top coins and avoid new coins ,

 now that they follow our advice of buying top coins and xrp is among it , why are we now complaining ? but i know , complaints arent going to be stopped .

 the only way to stop buyers buying xrp is to remove xrp from the top ranks and that is currently in the making ,

polkadot already surpasses xrp and next potential coin that are going to surpass xrp is cardano and the list goes on .


Title: Re: Why are people still buying XRP?
Post by: Mpamaegbu on January 20, 2021, 04:44:10 PM
2) The traders especially those that trade on technical signals think that xrp price is cheap and at longterm support price so for them this is an attractive entry for them.
Perhaps you meant investors, not traders. I don't think traders give a hoot about the longterm. They just buy and exit trades once there's a signal to cash out. This can be done within a day. Those who hold trades longer than a week looking for longterm resistance could be doing so from investors' perspective. Again, I think those who are still buying Ripple are banking on a miracle happening so they could be reaping a great ROI. This may happen or may not happen. It's a risk. Those buying Ripple should know that and be prepared to face the merit or demerit of their decision.


Title: Re: Why are people still buying XRP?
Post by: dupee419 on January 20, 2021, 05:41:21 PM
Maybe they believe that it will recover soon because it was already in the bottomed price so I guess for them this is the right time to buy a cheap XRP but I don't think if it is good to hold for long term, maybe for short term you will earn profit for sure. I don't expect XRP hitting $1 price seems it's difficult for XRP to reach it.

Same with ETH, some will definitely still support Ripple, and by saying some I meant a lot, there's still hope for sure that XRP would make a comeback, just like what also happened in ETH, but if it does not and continues to plunge into the bottom, then I'd say we bid goodbye to Ripple.


Title: Re: Why are people still buying XRP?
Post by: Almasani on January 20, 2021, 07:04:23 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Most crypto users love XRP's existence. The facto, I am also very interested in Ripple. But this goes back to the individual investor. XRP is indeed experiencing problems with the SEC lawsuit, but there are most countries that are ready to accept the existence of XRP, so that XRP transactions will continue to run well.


Title: Re: Why are people still buying XRP?
Post by: leatutz on January 20, 2021, 07:17:08 PM
Who are buying the dips? It's simple they are traders or investors who are looking to buy now that the price is kinda low and expect it to pump later on in the future, so they can make some profits :D, Ripple has a good community support cause even with the law suit, its still among the top 10 cryptocurrency chart, even though it dipped in terms of price and marketcap, I honestly thought with this lawsuit alot of bad things where going to happen like XRP loosing it's spot to Litecoin, but some how it managed to stay on  top.
There are always very low chances to pump any risky coin, but there must be high profits. Once Ripple took second place in the coinmarketcap even though I didn't support the Ripple coin. Rather, I would like to buy a Ripple coin instant when Ripple recovers this law suit. From this coin I don't expect high profits because of top altcoins.


Title: Re: Why are people still buying XRP?
Post by: VDraci on January 21, 2021, 03:58:29 PM
XRP is a TOP altcoin, that's enough for many to still believe that SEC isn't enough to bring down this wonderful project, if XRP manages to accomplish it goals it's value will never remains the same again, many powerful organizations are eyeing XRP, that's a certainty


Title: Re: Why are people still buying XRP?
Post by: Dr.Osh on January 21, 2021, 03:59:29 PM
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.


Title: Re: Why are people still buying XRP?
Post by: Terrell on January 21, 2021, 04:03:24 PM
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.


Title: Re: Why are people still buying XRP?
Post by: Furryball on January 21, 2021, 04:14:44 PM
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
That's why its called forecast, if you have been following forecast platforms for a while you should have known that 90% of their predictions don't come to past, it's pretty much under maybe, I'd still risk holding my XRP bag, this isn't enough to change my mind and give up on such project


Title: Re: Why are people still buying XRP?
Post by: Slow death on January 21, 2021, 04:23:12 PM
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.

how so good long term currency? all altcoins up to the most extreme shitcoin managed to have an increase of at least 3X since January last year until the moment thanks to the increase in bitcoin price. but XRP is still at $0.28. the normal would be to be in the  $3. this means that XRP is the worst investment anyone can make.

According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.

I don't like these guys who are making predictions, but as it comes to XRP they must be right


Title: Re: Why are people still buying XRP?
Post by: fullhdpixel on January 22, 2021, 09:01:52 AM
XRP is quite attractive to buyers and investors despite of not good information that came out. It is still one of the top altcoins and what I also liked in XRP is the fast and low transaction fee. Now that XRP has a lowest value many people grab this opportunity to buy more because I also think that XRP is good for a long term.
Quite frankly even as someone who hates XRP as much as possible, I wouldn't say that it was a bad one, it is definitely one of the best at moving money around, that is literally the reason why it was created and Ripple made tens of millions of dollars worth of profit from transacting money around for bigger companies using XRP as well because that is the point of it. However question here is the fact that there are people who use it for buying and holding it and trying to make money from it.

So buying it and holding it will not be using advantages of quick and cheap transactions, because you buy it and hold it and not move it, if you do not move it then how it is fast will not matter. And for buying and keeping it will never be profitable and will never be understandable by others because it is really not looking great anymore.


Title: Re: Why are people still buying XRP?
Post by: poodle63 on January 22, 2021, 09:21:26 AM
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.
Can't say good coin in the long run when it could go down or delisted from many exchanges like anytime. SEC making move and XRP reputation doomed. I'd say most of the people who still buying it are those who want quick profit while knowing fully that the coin might go down anytime but they still go for it anyway just because YOLO. Definitely won't recommend it for long term investment until all things resolved.


Title: Re: Why are people still buying XRP?
Post by: Teraboy on January 22, 2021, 10:45:06 AM
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
If the legal action that has been taken by SEC against ripple will be proven if it's true story and ripple could die anytime.
I hope that the news about XRP will come and we will get a small insight about the future of ripple. I guess that so many times people have been arguing about this but this can't be true until the court will release its statement.


Title: Re: Why are people still buying XRP?
Post by: Question123 on January 22, 2021, 11:23:20 AM
It's their choice if they want to buy a XRP because maybe they see the potential of this coin because for me I see this coin as potential before the issue and even this coin have problems I still like this coin.  Buying XRP is still good because once the problem solve for sure the price will go up more and we will earn more money to this coin.


Title: Re: Why are people still buying XRP?
Post by: dhaldanga on January 22, 2021, 12:25:02 PM
Can I get good profit by buying XRP?
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.


Title: Re: Why are people still buying XRP?
Post by: Saisher on January 22, 2021, 12:54:14 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

They've built their business for many years they will not go down like that, let's admit it, Ripple is centralized but they have a good concept as alternative payment and their cooperation and business partners are still supporting Ripple, the fate of Ripple could go either way and people are gambling or taking the risk because once this is over Ripple will skyrocket and those who bought when Ripple is going down will benefit a lot.


Title: Re: Why are people still buying XRP?
Post by: Pamadar on January 22, 2021, 04:06:36 PM
It's their choice if they want to buy a XRP because maybe they see the potential of this coin because for me I see this coin as potential before the issue and even this coin have problems I still like this coin.  Buying XRP is still good because once the problem solve for sure the price will go up more and we will earn more money to this coin.

Those people are willing to take the gamble with fate.

If XRP solved this issue the value will skyrocket giving them the profits that they are aiming. If not, they are  willing to keep that and move forward, by the way, it's their decision as they own the money. Got your own option and you are free to pick side whether to also buy or stay away from this project.


Title: Re: Why are people still buying XRP?
Post by: Cling18 on January 22, 2021, 04:24:38 PM
Possibly trying to convince themselves that Ripple Labs will turn these lawsuits around and be some sort of a fairy tale ending wherein everyone holding XRP will get handsome profits. Seriously, with all those exchanges delisting XRP on their indices, it’s unwise to really push your luck into trading these coins since you’re left out with platforms that are relatively new and unproven when it comes to reliability and integrity. Also you’ll be facing liquidity issues since a lot has already dropped their XRP due to the news. At this point, only the delusional will have faith in XRP, and that’s no exaggeration.

XRP couldn't even defend themselves against the lawsuit that they're facing so lots of investors are losing their trust for it. I have also sold my XRP holdings when I've heard about their issue and it was too alarming so I've decided to switch to potential altcoins that are worth buying.
People are still buying altcoins because they're taking advantage of the dip hoping that it could still survive and rise again in the future.


Title: Re: Why are people still buying XRP?
Post by: doomloop on January 22, 2021, 05:20:52 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
XRP is a really big coin in the market, would be hard before it drops, but it’s already doing that and you can see that from how the position has dropped on coinmarketcap.com. It’s just with time people will dump them or maybe they wouldn’t, because for some people they just don’t care what’s happening, they are only interested to know whether it will grow or not, and once they see small increase they will start pouring more money into it.

I have seen so many coins that are bad, but still they kept growing and people never dumped them, because they are just looking for profit without caring what they are investing in what it looks like.


Title: Re: Why are people still buying XRP?
Post by: SaveOurSea on January 22, 2021, 11:08:46 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
XRP is a really big coin in the market, would be hard before it drops, but it’s already doing that and you can see that from how the position has dropped on coinmarketcap.com. It’s just with time people will dump them or maybe they wouldn’t, because for some people they just don’t care what’s happening, they are only interested to know whether it will grow or not, and once they see small increase they will start pouring more money into it.

I have seen so many coins that are bad, but still they kept growing and people never dumped them, because they are just looking for profit without caring what they are investing in what it looks like.

not just BIG Coin, Ripple does have good fundamentals, yes even though they are a lot of controversy and now under investigation by the SEC,
I believe Ripple will definitely win, they are not a scam altcoin, Ripple just doesn't have regulations on cryptocurrencies and thinks XRP is not a cryptocurrency,
I myself hold XRP, and I am sure many people still believe XRP will get past this problem and be ready for the altcoin season!


Title: Re: Why are people still buying XRP?
Post by: tabas on January 22, 2021, 11:24:04 PM
Can I get good profit by buying XRP?
If you buy at a lower price and sell it more than you break-even, that's profit. But how do you define good? with its lawsuit, I don't think you can.
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
Are you profit? sell.


Title: Re: Why are people still buying XRP?
Post by: hari9981 on January 22, 2021, 11:35:08 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Im not interested with XRP too, but in my opinion, people which still buy XRP its not investor, most of  them are traders. They see many opportunities that the price will recover soon. But XRP will end soon if many exchange start to delist it, its better to avoid XRP investment if you dont have any strategy on it.


Title: Re: Why are people still buying XRP?
Post by: AmoreJaz on January 22, 2021, 11:41:12 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Im not interested with XRP too, but in my opinion, people which still buy XRP its not investor, most of  them are traders. They see many opportunities that the price will recover soon. But XRP will end soon if many exchange start to delist it, its better to avoid XRP investment if you dont have any strategy on it.

traders who knows what theyre doing. scalping is common strategy to get short term profits. but they should be careful with xrp as it is like a vulnerable coin these days. better stay away from this coin if you dont know what strategy to exercise in this market.
maybe, there are also investors, who believe that xrp has still future. but that future right now is very hazy.


Title: Re: Why are people still buying XRP?
Post by: Teraboy on January 22, 2021, 11:44:16 PM
Can I get good profit by buying XRP?
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
I can and cant because this depends on your analyzation dude. Sometimes shorting ripple is quite profitable but it has the more risk compared when you are trading another coin.
When you are still on the profit and it's better to hodl or sell it but when you can't sure whether it will be going up or not and you must think the best decision for your money.
It's your money dude


Title: Re: Why are people still buying XRP?
Post by: MCobian on January 23, 2021, 02:09:08 AM
I don't think it's a good reason to buy XRP, because XRP has had so many problems. It's too risky to buy XRP, I prefer to buy other coins that are
safer. Maybe someone still buys XRP because they don't read the news and are not active in this forum, so he only saw price movements in
the market where XRP did not experience a significant price decline. Or maybe people who buy XRP are typical risk takers, so assume that in the end
XRP can solve the problem well. It is possible that the XRP price will be pumped. But that is very unlikely, because if anyone had a problem with
the SEC it would usually end up losing.


Title: Re: Why are people still buying XRP?
Post by: FinneysTrueVision on January 23, 2021, 02:14:50 AM
People are only expecting them to be fined. That is something they can come back from. If you are an XRP believer then the cheap price is a great buying opportunity.


Title: Re: Why are people still buying XRP?
Post by: Wulan_maniez on January 23, 2021, 03:44:40 AM
Can I get good profit by buying XRP?
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
If you have kept old XRP coins and have earned a profit you can sell them. Let's read the latest news about XRP coin holders who are said
to be getting flr coin airdrops that will be distributed in the first half of 2021. Maybe the reason people buy XRP coins, is  because  holders
will get free FLR tokens.


Title: Re: Why are people still buying XRP?
Post by: aioc on January 23, 2021, 05:55:50 AM


Traders somehow always think they are tricked and that the lawsuit is just part of the fud. After all, XRP still is working. Its technology didn't stop all because there is a lawsuit though. I tried using it many times since last wee as well. Withdrawing and cashing out XRP is just the cheapest option and while it looks stable, it should be useful. Many still will use it despite the case and it got alliances too.

That FUD is very scary because anytime RIPPLE will crash in the market, already there are exchange de listing Ripple if Ripple is not a well organized company with many partnership it will crash immediately on the first first day the news that SEC is suing them, I have used XRP so many times in the past it's really past and cheap and this is the reason why it is still supported still by many traders, they are used to using Ripple.


Title: Re: Why are people still buying XRP?
Post by: cloudfir3e on January 23, 2021, 06:16:15 AM
why are people still buying?
They still buy only for short-term gains.
But I see that many have gone away from XRP because at the moment XRP is just running in place.
Actually to me XRP is good in the long run. But there is a lot of bad news coming out of social media about the ugliness of Ripple. So that investors are afraid to invest in XRP


Title: Re: Why are people still buying XRP?
Post by: FireBallex on January 23, 2021, 07:11:33 AM
Those who are still buying XRP must have the same mindset like myself, I believe that XRP isn't a small project that SEC can just rough handled anyhow, the project is well established and if they make some mistakes it can be fixed in a ease manner, also SEC could be the reason why we will see less crypto projects from US in future


Title: Re: Why are people still buying XRP?
Post by: Jowex on January 23, 2021, 08:24:53 AM

I think most people look at the low price and think it is a good option just because of that, others just think that xrp will recover, thus leading
a good profit to his holders.



Title: Re: Why are people still buying XRP?
Post by: Reatim on January 23, 2021, 10:42:35 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Sorry but what is 20xrp wallet requirement ? is that for real? i did not recognized that though i never tried to withdraw or convert that small amount because XRP is very cheap .
Imagine that 22 cents( back when i am holding this coins) multiplied by 20 so that means that's 4.4$ or 4.40 in which i believe that normal to require us having at least 20.

Also the Highest Price XRp reached is 4$ in which talk of the town that is manipulated so at any chance i don't think this will reach 10$ for you to think of that 20 minimum.


Title: Re: Why are people still buying XRP?
Post by: AssociatesBumble579 on February 03, 2021, 11:40:25 AM
At the present moment the XRP coin is in a lawsuit that's why investors are decreasing their investment on it, but some  giant traders are continuing buying and holding XRP coin for some moment or long time. Anyway, long time holding it is a very big risk even in the short term in my opinion best decision for your money on you.


Title: Re: Why are people still buying XRP?
Post by: meldrio1 on February 03, 2021, 03:15:35 PM
Maybe they look at the price not the lawsuit going on. With the low price of XRP seems people grab the opportunity to buy low. I guess that is the reason why people still buying XRP. Once they win this case for sure the XRP will pump up many will get profit.


Title: Re: Why are people still buying XRP?
Post by: Travel Standard on February 03, 2021, 03:45:01 PM
People still believe that xrp price will move up and reach to 1$ in this year. I totally deprive from this coin. The way they move to 0.7 and now 0.35 this very hurt me. Now i looking for other coin.


Title: Re: Why are people still buying XRP?
Post by: hari9981 on February 03, 2021, 05:01:02 PM
People still believe that xrp price will move up and reach to 1$ in this year. I totally deprive from this coin. The way they move to 0.7 and now 0.35 this very hurt me. Now i looking for other coin.


I'm not see many believe on xrp anymore, most of them are avoid to invest on XRP since SEC problem at the moment.
I dont understand why last pump can happen, i think its from a pumper group which want to sell their xrp at the higher price. So they pump it first with some fomo news.


Title: Re: Why are people still buying XRP?
Post by: terible.hunter on February 03, 2021, 05:40:49 PM
I think it's greed. It is she who today owns the emotions of people. After all, only a few people today own XRP. I have a few tokens for this project, but no more than 1% of the entire deposit.


Title: Re: Why are people still buying XRP?
Post by: bluelogic on February 03, 2021, 08:41:07 PM
There are people who hold for dear life.
There are people who are fanboys to their coin.
There are people who see it as a gamble.

There is a feeling that the SEC will just fine XRP and if that happens the price could easily go back to $1.  So it could easily be a 300% to 500% profit.  Compared to ETH and BTC it is hard to accept that ETH would go to $4,500 to $8,000 soon.  So $5000 could easily be $15,000 with XRP.

What I'm hoping is that ETH and BTC profits shake weak hands in XRP that it is taking too long to profit and sell so I can collect more around $0.15.  The government will make this slow as possible and people will get bored and impatient.

Bluelogic


Title: Re: Why are people still buying XRP?
Post by: francois-cooper on February 03, 2021, 08:48:45 PM
What about if all the SEC news was just FUD to scare people and push them to sell their tokens at a very low price ?
I bet big whales are buying xrp at those current prices (0.35), then it will be easy for them to push prices and make people FOMO.


Title: Re: Why are people still buying XRP?
Post by: bluelogic on February 03, 2021, 09:00:07 PM
Even if it was FUD it is still a bet that the SEC will just fine XRP and that will be the end.


Title: Re: Why are people still buying XRP?
Post by: Bitcoinislife09 on February 03, 2021, 09:07:39 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

.38 was a cheap price and good price entry in XRP market price there are still so many people who believed in the XRP market the only thing here in the SEC lawsuit to XRP if the lawsuit already ends or solved it will all be over and the price of XRP will fly to the moon. The lawsuit is the only thing that stopping the market price of XRP we already see XRP reach .7 last time and then another .7 because of the telegram group plans but it works. The potential is still there plus the cheap price of XRP I would buy some and gamble probably a small amount of money for a good profit in the future XRP should explode ages ago.


Title: Re: Why are people still buying XRP?
Post by: JNR on February 03, 2021, 09:07:58 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

i think now you understand why people still buying xrp, because they want to make profit by investing in xrp, but mabye in short term
because i think, in long term its too risky by investing on xrp


Title: Re: Why are people still buying XRP?
Post by: pixie85 on February 03, 2021, 09:52:27 PM
Even if it was FUD it is still a bet that the SEC will just fine XRP and that will be the end.

The SEC is just the begining. If a coin has a weak point it's going to be abused.

When it comes to XRP their weak point is the company that manages it. It can be sued, it can go bankrupt, it can scam you and run away, it can be a target of a terrorist attack, you name it.

XRP is a bad coin that's what you should learn from this situation. The SEC action should be a warning to investors.



Title: Re: Why are people still buying XRP?
Post by: TribalBob on February 03, 2021, 10:43:07 PM
As bad as the news spreads, it makes people more curious about what is being reported, XRP holders are sure that they will get their profit back, the problem with the SEC I think will gradually disappear like the previous news.  here the XRP team have tested.  how so that they remain and fully trusted by the community


Title: Re: Why are people still buying XRP?
Post by: kesmex on February 03, 2021, 10:47:49 PM
As bad as the news spreads, it makes people more curious about what is being reported, XRP holders are sure that they will get their profit back, the problem with the SEC I think will gradually disappear like the previous news.  here the XRP team have tested.  how so that they remain and fully trusted by the community
Yes, we all hope that the problems faced by Ripple can be resolved soon,
However, if there are still issues about the problem of ripple, of course it's not good,
i also trust the ripple team because they also continue to work hard,
let's see in the future, hopefully there is good news


Title: Re: Why are people still buying XRP?
Post by: forexandcryptoauditor on February 03, 2021, 10:57:26 PM
Seems people still believe in XRP. Also seems there is no big deal for them with the current lawsuit. Another point that many traders and investors think that since its price is very less, it can be accumulated in huge numbers, and in the future, it may give good returns.
Let's see how it goes.


Title: Re: Why are people still buying XRP?
Post by: Distinctin on February 03, 2021, 11:21:39 PM
Seems people still believe in XRP. Also seems there is no big deal for them with the current lawsuit. Another point that many traders and investors think that since its price is very less, it can be accumulated in huge numbers, and in the future, it may give good returns.
Let's see how it goes.

They are fooled by the pump happening this time attracting people to invest but for those who know more about XRP, I don't think they will take the bait. I'm holding XRP before but as the issue rises, decided to sell.

I understand that they are trying to catch the uprising trend of XRP but I'm not confident if the surge will reaching its ATH and make these people paid off from their investment. I'm worried about if the dump will come once the SEC finally announcing the result of their issue.


Title: Re: Why are people still buying XRP?
Post by: blockman on February 03, 2021, 11:32:49 PM
Even if it was FUD it is still a bet that the SEC will just fine XRP and that will be the end.
It is not a FUD but it is an actual lawsuit that the execs are facing plus the actual company too. I doubt that the SEC will have it settle and just take the fine with a penalty.
If you have an idea what did SEC has done to the other project companies before, they've really tracked them down and did almost the same without showing any settlement to them.


Title: Re: Why are people still buying XRP?
Post by: santiPOGI on February 03, 2021, 11:44:25 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

If ever there are still people hold Ripple, that is because in their mind it could recover the issues in the future then will rise again.
So, you can't blame them especially if they have a huge amount of holding in XRP. Besides, there are still other exchange were they're not delisting Ripple so far and yet it is still tradeable.


Title: Re: Why are people still buying XRP?
Post by: kawetsriyanto on February 03, 2021, 11:48:25 PM
XRP is a bad coin that's what you should learn from this situation. The SEC action should be a warning to investors.
Do you really understand what is the SEC issue exactly? It is not about the quality of the XRP token but another case. I don't think you can easily state XRP as a bad coin only from the current case of the lawsuit. If XRP is a bad coin, it won't survive a long time as the top 5 crypto coins in the world. People aren't stupid, they won't invest their money on bad coins. Please don't spread more FUDs! Just wait for the result of the SEC case. Be wise!!


Title: Re: Why are people still buying XRP?
Post by: saffira on February 03, 2021, 11:57:01 PM
People still trust xrp regardless of bad issues. I also invest in xrp and in the past month I do not lose rather I doubled my investment because its price rise simultaneously with btc and eth. It only means that they are fixing the problem.


Title: Re: Why are people still buying XRP?
Post by: AmoreJaz on February 04, 2021, 12:00:03 AM
XRP is a bad coin that's what you should learn from this situation. The SEC action should be a warning to investors.
Do you really understand what is the SEC issue exactly? It is not about the quality of the XRP token but another case. I don't think you can easily state XRP as a bad coin only from the current case of the lawsuit. If XRP is a bad coin, it won't survive a long time as the top 5 crypto coins in the world. People aren't stupid, they won't invest their money on bad coins. Please don't spread more FUDs! Just wait for the result of the SEC case. Be wise!!


aside from that, there are actually a lot of stakeholders in xrp. they forged a lot of partnerships already. look at japan, they keep supporting the xrp project. so if this is a shit coin, dont think many entities will continue trusting them.
xrp should resolve their sec prob as soon as possible. and yes being in the top 5 is a big deal. if youre a bad coin, you wont stay that long in that list.
people are still buying because they believe xrp team can get out of this mess. i think they will, unless one or majority of their key people will give up and sell his stake.


Title: Re: Why are people still buying XRP?
Post by: b1boy on February 04, 2021, 05:56:45 AM
For me personally i have actually always like XRP because it has one of the cheapest sending fees and also really fast but since the lawsuit happened we can see it affected the price a little bit and most people already cashed out their invest but XRP is still standing which is to show the standard of the coin and hopefully in the nearest future it can get back on its feet and most exchange would relist it


Title: Re: Why are people still buying XRP?
Post by: bryant.coleman on February 04, 2021, 06:07:39 AM
XRP is one of the most manipulated cryptocurrencies out there in the market. A dozen or so of the large holders own around 80% of all the XRP in circulation and therefore it is relatively easy to manipulate the exchange rates. On top of that, several users now regard XRP as underpriced, as a result of the crash which followed the SEC announcement. But the long term prospects look doubtful for me, with issues related to SEC not moving in the right direction.


Title: Re: Why are people still buying XRP?
Post by: blogclaim on February 04, 2021, 07:53:03 AM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.


Title: Re: Why are people still buying XRP?
Post by: aryana42 on February 04, 2021, 08:07:02 AM
i think now you understand why people still buying xrp, because they want to make profit by investing in xrp, but mabye in short term
because i think, in long term its too risky by investing on xrp
It is true, for the short term it is not wrong to choose XRP, because the current position of the XRP token has also begun to be good again even though their problem has not been completely resolved, meaning that the XRP token is still in the category of a good token to choose in the short term.


Title: Re: Why are people still buying XRP?
Post by: LogitechMouse on February 04, 2021, 08:20:20 AM
XRP is one of the most manipulated cryptocurrencies out there in the market. A dozen or so of the large holders own around 80% of all the XRP in circulation and therefore it is relatively easy to manipulate the exchange rates. On top of that, several users now regard XRP as underpriced, as a result of the crash which followed the SEC announcement. But the long term prospects look doubtful for me, with issues related to SEC not moving in the right direction.
I might agree with this after what happened few days ago :D.

There are many who got FOMO'ed with the recent pump and dump to Ripple. Many are hoping that the recent pump is the start of the new rise of Ripple but they are wrong thus many people are at a loss right now and those who are smart enough to know when to enter and exit are as usual the ones who gained the most profit.

People are buying XRP still because of 2 reasons. Short term profit or trust. There are people who are buying XRP because of short term profits like me who bought it at $0.21 and I got my initial investment doubled thanks to that pump and dump that happened few days ago. There are some people though that are buying it because they believe that it will come back into its past highs. Whatever the reason is, Ripple will still be on top whatever happens.


Title: Re: Why are people still buying XRP?
Post by: Yamifoud on February 04, 2021, 08:21:36 AM
because xrp is still traded and it means that there will always be buying and selling, if it is no longer traded, xrp will die.
the bad news regarding sec is only temporary fud and now the news has disappeared and has been clarified.
the market will always have its own way of doing it.
I don't see any announcement that XRP has been cleared out from the SEC but it has to say that they were silent now and might the reason why people have the courage to invest and buy back again. They are in really good timing since the price is low, people can do bulk buying instead. The trading is still alive.
But for me, it didn't look like that, XRP still out of my consideration. If ever I have some XRP in the coming days, that could be just temporary and just passes by, I save it for the fees.


Title: Re: Why are people still buying XRP?
Post by: geegaw on February 04, 2021, 08:54:38 AM
People still trust xrp regardless of bad issues. I also invest in xrp and in the past month I do not lose rather I doubled my investment because its price rise simultaneously with btc and eth. It only means that they are fixing the problem.
The first point that we need to think about this story is that we are in an opportunistic market, filled with fraud and ambiguous news, as long as we have certain loopholes in our mentality and decisions, whales and those who control this game will thoroughly use those factors to manipulate and make more money for them, Ripple is a prime example of manipulation. Therefore, people still believe that ripple is a wrong thought, people only believe in the chance that can happen, many people are afraid but they still buy simply because investing is buying when others panic


Title: Re: Why are people still buying XRP?
Post by: xzone on February 04, 2021, 08:55:55 AM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.

I would never have made such an investment. Do you know enough about XRP? It is not a good option to invest in the long term.
People who love bitcoin generally don't like XRP. It is far from the system we dream of.
It provides good opportunities for daily trade and enables you to earn money, but it is never a long term coin :)


Title: Re: Why are people still buying XRP?
Post by: nomenclatur on February 04, 2021, 10:31:30 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
Because it was influenced by Fomo, many people were interested because Fomo made the price of ripple rise again so rapidly, no wonder that until now, ripple still survived because their large community and investors made the price of ripple still survive if was an investor out and maybe later the price of ripple would befalls and losses in cryptocurrency can all happen quickly.


Title: Re: Why are people still buying XRP?
Post by: akirasendo17 on February 04, 2021, 10:51:40 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
People believe in XRP (Ripple) even with a lawsuit because they face the same issue in the past but able to dodge it, at the same time maybe they believe that with XRP(Ripple)  they will become a millionaire like what other holders of other currency like bitcoin, ethereum, etc., we have different beliefs in life, maybe they are just following their guts, that someday the clouds will be clear.


Title: Re: Why are people still buying XRP?
Post by: slaman29 on February 04, 2021, 12:55:03 PM
Seems people still believe in XRP. Also seems there is no big deal for them with the current lawsuit. Another point that many traders and investors think that since its price is very less, it can be accumulated in huge numbers, and in the future, it may give good returns.
Let's see how it goes.


Speculators are speculators. Crypto people were investing in scam tokens knowing they were scams. Investing in ICOs they had no clue about. IEOs just because they were promoted everywhere.

Defi because they know they can get in early and make a killing.

XRP looks like that. Something cheap to buy to make a killing when the lawsuit is forgotten.


Title: Re: Why are people still buying XRP?
Post by: Rana590 on February 04, 2021, 01:40:23 PM
It is natural that the price of a cryptocurrency may go up or down.  But we need to buy at the right time and sell through good profit income.  My biggest loss in 2018 was buying XRP.


Title: Re: Why are people still buying XRP?
Post by: Jordi129 on February 15, 2021, 01:03:46 PM
I'm also confused about why, after the SEC issue, other people are still buying XRP, because most exchanges have removed XRP from the list, so if people are constantly XR  If you buy P, it will be a big risk. I think investors are trying to take advantage of the cheaper price of XRP, assuming that XRP can return its price if the wave solves this problem


Title: Re: Why are people still buying XRP?
Post by: noahmikkel on February 15, 2021, 02:44:39 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Ripple (XRP) is still worth buying to be honest, XRP bullish potential to $1.0 remains intact despite recent pullback and lot's of people are still buying XRP (https://trade.kucoin.com/XRP-BTC) coz' if you really into it, you'll find out the current status of their lawsuit case against SEC and they're winning against that case.


Title: Re: Why are people still buying XRP?
Post by: salty on February 15, 2021, 06:23:56 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.


Title: Re: Why are people still buying XRP?
Post by: cabron on February 15, 2021, 06:58:07 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.

There are lots of coins to choose around this market why bother to buy if you don't understand the risk that you are going to take, if you have good amount of money, maybe you can spare some.

With the hope that SEC issue will be resolved, it's true that confidence from the investors side might comeback if XRP team will manage
to take of this issue, expect a  huge pump after.

They are not buying to keep the XRP like holding it for good. They are buying to trade it. I used it most of the time to transfer funds from one exchange to another because its fast and the fees don't hurt you like ETH. Anyone who wants to save their dollar will also find ways to spend the bare minimum and XRP just gives us a solution to it.



Title: Re: Why are people still buying XRP?
Post by: Ozero on February 15, 2021, 07:08:07 PM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.
After any court decision - in favor of the SEC or Ripple Labs, regardless, the price of ripple will rise. This will happen because the court decision should not be associated with any restrictions or prohibitions on the circulation of the ripple coin itself. The essence of the SEC's claim is not relevant on this issue. Almost all responsibility should be borne by the two directors of this company through the payment of penalties.
Ripple was removed from the listing only on the US stock exchange and this should be regarded as illegal pressure from the SEC, but these are temporary measures.


Title: Re: Why are people still buying XRP?
Post by: francois-cooper on February 15, 2021, 08:26:20 PM
People are still buying xrp because what really matters is the chart and not the news.
The charts looks bullish (weekly W).


Title: Re: Why are people still buying XRP?
Post by: KimmyF on February 15, 2021, 08:34:30 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
We will never know how opportunities come to us. Maybe that could be Ripple by some investors thought. Although 22 February we could receive a good announcement from Ripple, which means lawsuit problem could be solved. I won't buy any XRP even after solving this issue. Although I'm very surprised that Ripple prices are still stable as last year.


Title: Re: Why are people still buying XRP?
Post by: Danslip on February 15, 2021, 08:40:13 PM
The lawsuit will be solved in favor of Ripple and the price will be pumped hardly by the market after the positive news. The 20 xrp is the cost for creating a new wallet but you can always use exchange wallets for holding the XRP. It is always profitable to buy low and sell while the price high, the market has declined to $0.2 which is cheap to invest more. I always send $10 worth XRP to gambling wallet and last time I send a triple less amount to the wallet address because of the %300 pump.


Title: Re: Why are people still buying XRP?
Post by: XCANA on February 15, 2021, 08:43:26 PM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
The expectation of everyone buying any altcoin is definitely looking forward for profit, we all know what happened to Ripple sometimes last year with the US SEC and the aftermath of what happened when exchanges delisted Ripple from their exchnage, the price of ripple bounced back and was bullish, so, am not surprise to see many yearning for the coin.


Title: Re: Why are people still buying XRP?
Post by: triat on February 15, 2021, 08:47:29 PM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
The expectation of everyone buying any altcoin is definitely looking forward for profit, we all know what happened to Ripple sometimes last year with the US SEC and the aftermath of what happened when exchanges delisted Ripple from their exchnage, the price of ripple bounced back and was bullish, so, am not surprise to see many yearning for the coin.

I do not understand why they buy it) although I myself made x6 on it at one time, but then in 17th time it was like that, now the price is growing in the wrong direction, so I don’t think that one should expect a rapid growth.


Title: Re: Why are people still buying XRP?
Post by: jaberwock on February 16, 2021, 06:55:44 AM
XRP future is moon. I hope XRP price are going high, this the reason of people buying XRP. I also buy and hold XRP coin for future.
People who have bought already expect the price of XRP tokens to the month and the reason is because they still believe in the XRP token,
so such reasons are very common in my opinion.
I won't comment something like XRP to the moon or anything close to that but I always like using XRP because the transaction fees is really low and the fastest transactions if ever among all crypto currency I have seen, it has to be XRP. There might be faster ones out there but from al the coins I have used, I haven't seen any coins or tokens being faster. Only TRX comes near to XRP in that regard.

I don't know why people stopped using XRP and bashing it, just because they have a lawsuit against them. Yes they have some problems going on but how does that affect us as neutral users at all. I am really happy the price is recovering and the trust is coming back.


Title: Re: Why are people still buying XRP?
Post by: TastyChillySauce00 on February 16, 2021, 07:10:44 AM
Just yesterday, a friend of mine called me and said that he wants to buy XRP tokens in anticipation of a trial with the SEC. Allegedly, after the court decision, the price will only grow. I do not know about others, but I personally will not buy these tokens for any price.
same here, too risky. will definitely wait until the legal problem settled first but then again I doubt i'm gonna buy coin like XRP which many people deemed shady.
There's better alternative than a coin that could vanish into thin air and the alternative sometimes performs better too, yeah I'm talking about coin that has market cap above XRP.


Title: Re: Why are people still buying XRP?
Post by: steampunkz on February 16, 2021, 07:20:04 AM
I think in my opinion XRP has good features considering famous cryptocurrencies have High Fees, In my part, I'm using Uphold account to withdraw my BAT tokens, I'm converting it to XRP first then into my Main wallet very convenient and efficient plus the majority of 3rd party wallet supports it


Title: Re: Why are people still buying XRP?
Post by: siopis on February 16, 2021, 07:59:51 AM
centralized crypto is a stupid idea anyway....


Title: Re: Why are people still buying XRP?
Post by: lousie9 on February 16, 2021, 08:32:12 AM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  ::)


Title: Re: Why are people still buying XRP?
Post by: redsun114 on February 16, 2021, 03:25:56 PM
People are still buying xrp because what really matters is the chart and not the news.
The charts looks bullish (weekly W).
But, we the traders are the ones who make a coin bullish and bearish so why suddenly are all the investors getting back into Ripple? I think some big guys are playing with the ripple market right now and a big drop is almost about to happen.

I stopped buying and selling of ripple the day I heard they have issues with SEC and whatever small amounts I held, I sold them sometime ago.

Personally I lost huge amount of money by investing on XRP when the news was published that RXP will be listed on coinbase.
If you kept the faith you could have easily avoided all the loss as the price has come back strong. Coinbase de-listed them because I believe SEC forced coinbase to do the same.


Title: Re: Why are people still buying XRP?
Post by: Botnake on February 16, 2021, 10:56:27 PM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  ::)

Some people maybe still buying XRP, but not the volume of people that we expect to buy during the bull run because XRP's volatility now is still within range, it has not grow significantly just like other coins in the market, I guess XRP will only be stuck below $1 and as long as it's volatile, there are still people who will buy for short term trade, not for long term hold.


Title: Re: Why are people still buying XRP?
Post by: Kelvinid on February 16, 2021, 11:14:40 PM
because many still have demand and use.people will stop using it when it's not needed no one wants to use it already doesn't have what it needs then xrp will slowly be forgotten.But reality says otherwise it's just a matter of politics when SEC announced banning of XRP yesterday.
As long as people can see XRP in the market, they will never stop making a trade. I use XRP sometimes, converted my BTC to XRP, I save the cost since BTC's transaction fees are so high sometimes and this XRP is saving a lot.

The issues that XRP is facing now have no final results, they not found guilty yet which is why XRP remains active and tradable. Will it have to expect that XRP will be out from the crypto market? If I am the owner, I was supposed to let it happen. XRP will never have its end, they can surpass these struggles and difficulties. That they only need to prove that they are no a shit project just like the others.


Title: Re: Why are people still buying XRP?
Post by: TimeTeller on February 16, 2021, 11:29:51 PM
because many still have demand and use.people will stop using it when it's not needed no one wants to use it already doesn't have what it needs then xrp will slowly be forgotten.But reality says otherwise it's just a matter of politics when SEC announced banning of XRP yesterday.
As long as people can see XRP in the market, they will never stop making a trade. I use XRP sometimes, converted my BTC to XRP, I save the cost since BTC's transaction fees are so high sometimes and this XRP is saving a lot.

The issues that XRP is facing now have no final results, they not found guilty yet which is why XRP remains active and tradable. Will it have to expect that XRP will be out from the crypto market? If I am the owner, I was supposed to let it happen. XRP will never have its end, they can surpass these struggles and difficulties. That they only need to prove that they are no a shit project just like the others.

That is actually one of the main use case of XRP to traders.
They are using XRP as transfer coin from one exchange to another because of its cheap fees.
Also, a lot are still buying because they are hoping that XRP team can surpass their battle with SEC.
Now, the price is going down a lil bit because of the news that settlement is not on the horizon as of the moment.

https://www.coindesk.com/ripple-sec-say-settlement-unlikely-before-trial-over-alleged-securities-violations


Title: Re: Why are people still buying XRP?
Post by: tabas on February 16, 2021, 11:41:35 PM
centralized crypto is a stupid idea anyway....
But still many do use it because it's quick and cheap. And people wouldn't care about the lawsuit anymore. They just go as is with the flow of the market.
I thought that it will drop a lot up to $0.1 but it's not. There's still enough demand on it to meet what the investors are thinking about it anyway. Regardless of that, I won't buy it.


Title: Re: Why are people still buying XRP?
Post by: marilynmanson21 on February 17, 2021, 12:46:35 AM
maybe they have high confidence that XRP can pump more than they target. but the reason behind it all depends on their beliefs, on the other hand we know that at that time XRP got bad news from various parties and had dropped to the rate of $ 0.2 until now pumping back to the price of $ 0.5. but if you believe in this coin, you can invest in it. and for me personally not  ::)
I also don't think there are many people who support XRP, in a few days XRP will settle its problem with the SEC, we'll just wait, whether the XRP price will go up higher or will go down and return to the price 0.1 USD  :) I am sure, what is pumping up the XRP price is not investors, but short traders or novice traders who follow the XRP FOMO.


Title: Re: Why are people still buying XRP?
Post by: velive08 on February 17, 2021, 12:48:49 AM
besides supply and demand there are still many people affected by the issue if xrp will have a fantastic price in the future. in fact, a token must pass a winding road when it wants to reach the top. but people don't care about it. So that's one of the reasons people still buy XRP


Title: Re: Why are people still buying XRP?
Post by: BILLyDcar on February 17, 2021, 07:38:00 AM
We can still get some profit from trading it in a short time and also XRP  (https://trade.kucoin.com/XRP-BTC)market still goes pump and dump, as long as XRP  (https://trade.kucoin.com/XRP-BTC)goes on it's traders will goes on as well


Title: Re: Why are people still buying XRP?
Post by: zerogrown on February 17, 2021, 07:48:56 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Simple, they have faith in it. In my experience, lost about 50% on XRP actually when the lawsuit was announced. Had to sell it. But seeing how things are going, the volume still stands for XRP (https://trade.kucoin.com/XRP-BTC) and the price is still rising amidst the lawsuit.


Title: Re: Why are people still buying XRP?
Post by: gwdf1 on February 17, 2021, 08:10:36 PM
because many still have demand and use.people will stop using it when it's not needed no one wants to use it already doesn't have what it needs then xrp will slowly be forgotten.But reality says otherwise it's just a matter of politics when SEC announced banning of XRP yesterday.
If you are a risky trader, then XRP can be either a big win or a big loss after the SEC makes its decision. But as a rule, the higher the risk, the greater the opportunity to make a good profit. People hope that the trial will end with Ripple's victory and the project will regain its reputation in the future.


Title: Re: Why are people still buying XRP?
Post by: Mehedi72 on February 18, 2021, 08:27:50 PM
I just visit coingecko to check ripple price.warning is still showing about Ripple as it is still charged by SEC.even after seeing that, People are taking more risk cause they are buying more and more ripple when they aware that their ripple could be freeze anytime and they could lost their captial! But they taking risk cause they belive that, ripple team would solve this issue and after that. Ripple value will blast.so they still buying ripple as if its an oppourtunity to get profit


Title: Re: Why are people still buying XRP?
Post by: Balladtony77 on February 18, 2021, 08:36:12 PM
Most investors turn their back on xrp because of sec involvement in the project but the smart investors knew that the sec involvement won't last forever and they knew they can make gain from the project, as a matter of fact look around you it's already happening, ripple won't go down without a fight I know it's risky but all crypto projects are risky too, you got to take the chance


Title: Re: Why are people still buying XRP?
Post by: CryptoMargo on March 01, 2021, 09:52:52 PM
Ripple fans hold and invest in XRP because they believe that after court  all claims against this cryptocurrency will be resolved. Afterwards all Ripple haters together with SEC will nervously panic, when XPR will pump to the moon.


Title: Re: Why are people still buying XRP?
Post by: tabas on March 01, 2021, 09:56:27 PM
Ripple fans hold and invest in XRP because they believe that after court  all claims against this cryptocurrency will be resolved. Afterwards all Ripple haters together with SEC will nervously panic, when XPR will pump to the moon.
All haters? we'll if it pumps, then that's good for those holders of it but mostly, they don't care if it pumps or dumps. The lawsuit doesn't seem to be an issue anymore.
XRP is just still around and regardless of the lawsuit, the trades in different exchanges are just continuing.


Title: Re: Why are people still buying XRP?
Post by: triat on March 04, 2021, 02:16:59 PM
Maybe some people still hoping to increase $1 or more and I've heard some people that they believe that one day XRP will go to the moon. Well if that people believes then let them buying XRP. Sometimes I use XRP to transferring funds because the fee is low and fast transaction. I hope XRP will win this lawsuit.
Yes, that could be a reason, but it could be that those who bought XRP were those who bought XRP in 2018, they bought XRP to cover their losses, some people still really believe in XRP, and they prefer to buy XRP over other coins. I don't know the exact reason, but in my opinion, they chose to buy XRP because they still believe that if the XRP price is able to touch $5 to $10, and technically using Fibonacci, the price area that XRP is aiming for is $5.
I do not believe in the growth of xrp, I think that it can go to 1-1.5 dollars, not more. The number of tokens is too huge to grow higher.


Title: Re: Why are people still buying XRP?
Post by: k@suy on March 04, 2021, 02:54:37 PM
Yes, that could be a reason, but it could be that those who bought XRP were those who bought XRP in 2018, they bought XRP to cover their losses, some people still really believe in XRP, and they prefer to buy XRP over other coins. I don't know the exact reason, but in my opinion, they chose to buy XRP because they still believe that if the XRP price is able to touch $5 to $10, and technically using Fibonacci, the price area that XRP is aiming for is $5.
I do not believe in the growth of xrp, I think that it can go to 1-1.5 dollars, not more. The number of tokens is too huge to grow higher.
yes, the supply is too huge , but last time I check it nearly goes to 0.8$ last month, and then SEC issue came in I think if there's no ongoing issue or if SEC doesn't appear last month it will be mooning now, let us think that even some coins are shitcoin with no actual use case or don't have good fundamentals and nothing will give us in the future still as long as there will be people who hodls it and scalps it, it will continue to pump or dump.


Title: Re: Why are people still buying XRP?
Post by: sammy21 on March 04, 2021, 03:02:18 PM

yes, the supply is too huge , but last time I check it nearly goes to 0.8$ last month, and then SEC issue came in I think if there's no ongoing issue or if SEC doesn't appear last month it will be mooning now, let us think that even some coins are shitcoin with no actual use case or don't have good fundamentals and nothing will give us in the future still as long as there will be people who hodls it and scalps it, it will continue to pump or dump.
XRP is an asset with an already large market. despite the bad news, I guess it will finish in time. we are just waiting for the moment. because each asset has its own moment to draw interesting charts on the market.


Title: Re: Why are people still buying XRP?
Post by: CryptoLogo on March 04, 2021, 08:14:35 PM
The situation with XRP is highly ambiguous. Even if the project does not get out of litigation, as long as there are chances for it, then there are chances to make good money in case of a positive outcome. Of course, the risks are very high. If you look at it as a whole, the project essentially sold its coins for a very long time without any outside interference, and now suddenly the SEC decided to clamp it in a vice. Nevertheless, Tezer manages to stay afloat despite any lawsuits, the same can happen to Ripple.




Title: Re: Why are people still buying XRP?
Post by: Distinctin on March 04, 2021, 09:45:56 PM
The situation with XRP is highly ambiguous. Even if the project does not get out of litigation, as long as there are chances for it, then there are chances to make good money in case of a positive outcome. Of course, the risks are very high. If you look at it as a whole, the project essentially sold its coins for a very long time without any outside interference, and now suddenly the SEC decided to clamp it in a vice.

XRP will entire pumped high or will dump a bit. There's no reason for the price to dump more in case the decision is against them, I think the project will not be stopped, instead it will be require to pay a penalty which I think Ripple can afford since it's a billion dollar marketcap already.


Quote
Nevertheless, Tezer manages to stay afloat despite any lawsuits, the same can happen to Ripple.
Can you give me a link about this certain project?


Title: Re: Why are people still buying XRP?
Post by: Renampun on March 04, 2021, 09:58:49 PM
the reason may be that XRP still has a large market share...
XRP did get into trouble with the SEC but over time the problem seemed forgotten. maybe in a few months later, the news will subside and the price of XRP will rise again.


Title: Re: Why are people still buying XRP?
Post by: CryptoLogo on April 07, 2021, 07:08:08 PM
The situation with XRP is highly ambiguous. Even if the project does not get out of litigation, as long as there are chances for it, then there are chances to make good money in case of a positive outcome. Of course, the risks are very high. If you look at it as a whole, the project essentially sold its coins for a very long time without any outside interference, and now suddenly the SEC decided to clamp it in a vice.

XRP will entire pumped high or will dump a bit. There's no reason for the price to dump more in case the decision is against them, I think the project will not be stopped, instead it will be require to pay a penalty which I think Ripple can afford since it's a billion dollar marketcap already.


That's right, you were right. As we can see now, although there is still no 100% specificity, the project has already recovered and has grown significantly in price, which speaks for itself.

Nevertheless, Tezer manages to stay afloat despite any lawsuits, the same can happen to Ripple.
Can you give me a link about this certain project?

Are you talking about Tether? Search for the tag Tether Bitfinex litigation on Google.



Title: Re: Why are people still buying XRP?
Post by: Cappex on April 07, 2021, 07:34:46 PM
I think that in a bull market, purchases are made from the best known coins and XRP is one of them... maybe this speculation will leave many people disappointed.


Title: Re: Why are people still buying XRP?
Post by: royalfestus on April 07, 2021, 07:54:57 PM
The situation with XRP is highly ambiguous. Even if the project does not get out of litigation, as long as there are chances for it, then there are chances to make good money in case of a positive outcome. Of course, the risks are very high. If you look at it as a whole, the project essentially sold its coins for a very long time without any outside interference, and now suddenly the SEC decided to clamp it in a vice. Nevertheless, Tezer manages to stay afloat despite any lawsuits, the same can happen to Ripple.

I think the slow rate of the court proceedings is giving the project opportunity to engage its army. It is observed that most of the trade is outside US jurisdiction especially with Law enforcement, from Korean exchanges to Australians, Binance outside US is yet to delist XRP, Which could be the strongest trading front for the coin. So In a bull market it might be easier to maintain the volume and engage the trade by sustaining the price.


Title: Re: Why are people still buying XRP?
Post by: Botnake on April 07, 2021, 10:39:58 PM
I think that in a bull market, purchases are made from the best known coins and XRP is one of them... maybe this speculation will leave many people disappointed.

That's how it is, all about the speculation and althout they didn't win the case yet but people are just expecting that there's a good news that might favor XRP to win the case, so the pump happen but I don't think it could sustain though.


Title: Re: Why are people still buying XRP?
Post by: AmoreJaz on April 07, 2021, 10:50:12 PM
The situation with XRP is highly ambiguous. Even if the project does not get out of litigation, as long as there are chances for it, then there are chances to make good money in case of a positive outcome. Of course, the risks are very high. If you look at it as a whole, the project essentially sold its coins for a very long time without any outside interference, and now suddenly the SEC decided to clamp it in a vice. Nevertheless, Tezer manages to stay afloat despite any lawsuits, the same can happen to Ripple.

I think the slow rate of the court proceedings is giving the project opportunity to engage its army. It is observed that most of the trade is outside US jurisdiction especially with Law enforcement, from Korean exchanges to Australians, Binance outside US is yet to delist XRP, Which could be the strongest trading front for the coin. So In a bull market it might be easier to maintain the volume and engage the trade by sustaining the price.

it seems that xrp team will win on this battle. it is true, they are actively trading outside US jurisdiction. i like xrp for transfer purposes but right now, for long term investment quite very risky.
but for those holders and if xrp will get over this hurdle, i guess they will gain good profit here. and i dont think xrp team will give up on this issue, they have a lot of organisations that are already committed to this project.


Title: Re: Why are people still buying XRP?
Post by: 7788bitcoin on April 07, 2021, 11:00:12 PM
That's how it is, all about the speculation and althout they didn't win the case yet but people are just expecting that there's a good news that might favor XRP to win the case, so the pump happen but I don't think it could sustain though.
People are looking for coins to invest and Ripple was found to be one of the few coins that went down because of the SEC lawsuit and since the market is pumping which ever coins available they do not care about the lawsuit nor the issues it might be facing which does not make any sense but it is how the market is in the cryptocurrency space as majority of the rally does not make any sense.


Title: Re: Why are people still buying XRP?
Post by: magneto on April 07, 2021, 11:03:11 PM
Not entirely sure. Probably just speculation.

People simply don't realise that the way XRP is structured means that it is completely centralised. And with that lawsuit now in the way, their competitive advantage over other cryptos is essentially all gone.

The one thing that you should always note about crypto markets is that it is almost never rational. Just take a look at how DOGE is performing despite having virtually no real world usage cases.


Title: Re: Why are people still buying XRP?
Post by: martina14 on April 11, 2021, 11:45:57 PM
As far as I know the SEC gave a positive response over RIPPLE(XRP) where last 2 days ago the price of Ripple goes up all of a sudden in the market. Where of the traders who bought it before the price was kicked a lot of them got earned and the price value got increased around 118% in the market.


Title: Re: Why are people still buying XRP?
Post by: gbrendeh on April 11, 2021, 11:58:36 PM
XRP has been in existence for many years and have passes the text of time severally. More so, with the present lawsuit, it is still doing well in the market, this will bring more confident to investors


Title: Re: Why are people still buying XRP?
Post by: cabron on April 12, 2021, 12:28:16 AM
XRP has been in existence for many years and have passes the text of time severally. More so, with the present lawsuit, it is still doing well in the market, this will bring more confident to investors

Despite the SEC lawsuit, it took off still and made holders profit.
There are several reasons why XRP is being used and one is that it's cheap to send than BTC and other altcoins. You can see the benefit when you send $1000BTC to another wallet compare to sending XRP worth $1000 to another wallet.

There are lots of discussions of XRP on youtube that it could reach up to $500, I don't know if you will still be alive if you wait for it to happen.


Title: Re: Why are people still buying XRP?
Post by: SaiyanSS3 on April 12, 2021, 06:24:02 AM
Because the society is full of degenerate who wouldn’t want to follow the mainstream, they get into xrp like they get into meme stock, they get kick in the butt, and go around the internet and spew their non sense.


Title: Re: Why are people still buying XRP?
Post by: jjdub7 on April 12, 2021, 11:54:40 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

There is no way to know why someone is doing something, in this case why some people still have confidence and I think XRP will have a bright future despite all the problems and its centralized nature.

Personally, I'm also not a big fan of XRP and I would not risk investing in it, despite the constant interest of people and the current rise in the price.


Title: Re: Why are people still buying XRP?
Post by: Roidz on April 12, 2021, 01:16:39 PM
Ripple has breathed a sigh of relief in the current market, overcoming many obstacles.  The price of the ripple is hovering above one dollar.  I believe the report could soon exceed $ 2 . if Ripple is not in the middle of a second hurdle.  And if there is an allotment session, it is expected to exceed 5 dollars by the end of the year.
although currently the case facing XRP has not yet been resolved, with the motion of no confidence in the SEC issued by the US court, XRP prices continue to move up and it is even likely to reach its highest price and of course it could happen in the near future if indeed XRP won the lawsuit filed by the SEC and according to some information circulating in the last few days said that if there is a big possibility that XRP will be able to beat the SEC in the legal case and of course this will be quite good news for loyal XRP holders. https://twitter.com/novogratz/status/1380898768191688704?s=20


Title: Re: Why are people still buying XRP?
Post by: (o)(o)ilikeboobs(o)(o) on April 12, 2021, 02:55:07 PM
Those who need to buy XRP have bought it for a good price and now it's just the whale's play. They will boost the value of XRP according to the news, having more people buying XRP above $ 1 is also a way for them to have the opportunity to sell in high volume. Currently, XRP is not sure to win the lawsuit I would choose to stay by the sidelines to watch.


Title: Re: Why are people still buying XRP?
Post by: daenarys_stormborn on April 12, 2021, 04:20:08 PM
In my opinion, XRP still has the potential to go up, because the project from XRP itself is indeed very promising in the future, especially after XRP won the SEC's claim, the price of XRP immediately went up through 1.4 $, and it looks like this will continue to rise.


Title: Re: Why are people still buying XRP?
Post by: Matimtim on April 13, 2021, 02:51:19 AM
Maybe because XRP is one of the leading coins in the crypto currency because this coins is rank 4 as of now, thus many people keep buying that coons because of that, maybe they thought that they can make more income if they are going to invest now in the XRP because of its price that still going better.


Title: Re: Why are people still buying XRP?
Post by: lexkiee28 on April 13, 2021, 03:35:48 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.


Title: Re: Why are people still buying XRP?
Post by: Sithara007 on April 13, 2021, 03:56:40 AM
One of the biggest advantages with XRP is that it's unit price is very low. And that works, because in cryptocurrency sector unfortunately we have a lot of people who don't know the relationship between unit price, market cap and circulating supply. A lot of them go for Ripple, because it's unit price is less than $1.00 per token. And combined with the social media propaganda in favor of XRP, a lot of people get fooled. But eventually they will lose money, as happened when XRP crashed from 3,500 Sat to less than 1,000 Sat after the SEC ruling.


Title: Re: Why are people still buying XRP?
Post by: bisdak40 on April 13, 2021, 12:02:23 PM
One of the biggest advantages with XRP is that it's unit price is very low. And that works, because in cryptocurrency sector unfortunately we have a lot of people who don't know the relationship between unit price, market cap and circulating supply. A lot of them go for Ripple, because it's unit price is less than $1.00 per token. And combined with the social media propaganda in favor of XRP, a lot of people get fooled. But eventually they will lose money, as happened when XRP crashed from 3,500 Sat to less than 1,000 Sat after the SEC ruling.

Any update on that SEC ruling mate?

XRP is on a roll now and it seems that it will be having it's ATH soon enough.

I have followed the price of XRP for some time now as this crypto is what i'm using in betting and i'm hesitant at the moment to use this as this might go to $10 in a few months. What do you think?


Title: Re: Why are people still buying XRP?
Post by: Vishnu.Reang on April 13, 2021, 12:17:42 PM
Any update on that SEC ruling mate?

XRP is on a roll now and it seems that it will be having it's ATH soon enough.

I have followed the price of XRP for some time now as this crypto is what i'm using in betting and i'm hesitant at the moment to use this as this might go to $10 in a few months. What do you think?

During the past few days, XRP had a few legal victories (which is being reflected in the exchange rates). Today Judge Sarah Netburn refused a request from the SEC, to have access to financial data from the XRP promoters (Chris Larsen and Brad Garlinghouse). The judge termed the request from SEC as an "overreach". But this is bad news for decentralized cryptocurrencies such as BTC and ETH. SEC had argued that coins such as ETH doesn't come under the Section 5 of the Securities Act, since no individual promoters benefitted from the ICO. But the judge has rejected this argument. And this can create issues for real cryptocurrencies such as BTC in the future.


Title: Re: Why are people still buying XRP?
Post by: geegaw on April 13, 2021, 04:11:51 PM
Maybe because XRP is one of the leading coins in the crypto currency because this coins is rank 4 as of now, thus many people keep buying that coons because of that, maybe they thought that they can make more income if they are going to invest now in the XRP because of its price that still going better.
The statistics of the past are one of the best testimonies of many people's beliefs about buying XRP, even as Ripple sinks into periods where some have predicted it cannot return, Ripple can still break through such very fragile opportunities to return, bad news will lead to devaluation and slide off position rankings but no, XRP doesn't work that way. Instead of acting as an underdog, it remained silent and did not suffer a bit of chipping on the rankings then manifest their powers in a way no one would expect, the strong won't be affected by the news, that's all.


Title: Re: Why are people still buying XRP?
Post by: DarkDays on April 13, 2021, 04:29:03 PM
In my opinion, XRP still has the potential to go up, because the project from XRP itself is indeed very promising in the future, especially after XRP won the SEC's claim, the price of XRP immediately went up through 1.4 $, and it looks like this will continue to rise.

XRP has performed amazingly today at 35X. That's 35x in just 1 day...

https://i.imgur.com/uSgJPEc.png

This is insane considering everything else that is going on with the court case and the matter not yet settled.

Not many other alts have done this multiplier today, so it does make you wonder what's going on with XRP. Are people suddenly turning to it, and if so why? Is there

anything obvious?


Title: Re: Why are people still buying XRP?
Post by: bryant.coleman on April 13, 2021, 04:57:53 PM
This is insane considering everything else that is going on with the court case and the matter not yet settled.

I agree that the case is not yet settled. But we have already received a fair idea about which direction the judgement will come. SEC has come under severe criticism from the judge and she has sided with the XRP promoters. So in all probability the judgement will be in favor of the XRP team. Now the quesiton is whether SEC will go for further appeals after the judgement is made. I don't expect them to remain quiet, after all the humiliation they went through during the past few weeks.


Title: Re: Why are people still buying XRP?
Post by: greenslope on April 13, 2021, 05:02:13 PM
To sell it higher? that's exactly the question I have, any Dapp or something special about it?


Title: Re: Why are people still buying XRP?
Post by: tarable on April 13, 2021, 05:38:22 PM
I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.
Not only that, but this XRP token has also been in a good position in the crypto rankings before it ran into trouble with the SEC, so it's not just for the reasons you say, but there are also a few other reasons it could get people starting to believe in XRP again at this point.


Title: Re: Why are people still buying XRP?
Post by: Fredomago on April 13, 2021, 06:42:58 PM
I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.
Not only that, but this XRP token has also been in a good position in the crypto rankings before it ran into trouble with the SEC, so it's not just for the reasons you say, but there are also a few other reasons it could get people starting to believe in XRP again at this point.

If XRP win this lawsuit or find it's way to settle this issue with SEC the chance that investors once again will place their money and
ride with this coin.

Though most already learned from their experienced, they are well aware that any moment this coin can be dumped. It's nature
that once investors or traders already reached their targets, dumping and taking their profits mostly the wise action.

Got to have a good risk management system when you deal with this coin.


Title: Re: Why are people still buying XRP?
Post by: kevindjunaidi on April 13, 2021, 10:31:43 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

from the top 5 cryptocurrency on coinmarketcap, only the price of XRP that has not risen very high and create a new ATH price, so people believe that now is the right time to invest in XRP, because when the price of XRP increase very high (creating a new ATH price), then of course we will get a big profit from investing in XRP at this time and XRP has a chance of winning against SEC, so the price of XRP will definitely be easier to increase very high and create a new ATH price.


Title: Re: Why are people still buying XRP?
Post by: Blitzboy on April 13, 2021, 11:00:02 PM
It has been 3 months since OP post and the situation goes against your opinion. XRP maybe has some disqualification to you but to others, it is more potential than any other coin, even bitcoin, I suppose. With a giant lawsuit, XRP enthusiats have a good chance to buy bunch of cheap coins without having any problem.

20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.


Title: Re: Why are people still buying XRP?
Post by: Oasisman on April 13, 2021, 11:15:47 PM
It has been 3 months since OP post and the situation goes against your opinion. XRP maybe has some disqualification to you but to others, it is more potential than any other coin, even bitcoin, I suppose. With a giant lawsuit, XRP enthusiats have a good chance to buy bunch of cheap coins without having any problem.

20 xrp is not a big deal. With such amount of coins, you can access to all of their advantages. Moreover, xrp has a much more lower fee than the 2nd largest crypto - ethereum. 20 xrp is cheaper than a single transaction fee of ethereum network. Think about that.
Agreed!
In addition, One of the few reasons why people are still buying except of the lawsuit the XRP was facing, is the transaction speed and small fees feature that's looks very promising for a lot of investors. Most people took advantage of the cheaper price because of the lawsuit, so it's no surprise why investors are always looking an opportunity to buy cheaper XRP.


Title: Re: Why are people still buying XRP?
Post by: sayaya17 on April 13, 2021, 11:51:27 PM
We don't know for sure why people still buy XRP and the price can be quick this time. This makes many people also
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.


Title: Re: Why are people still buying XRP?
Post by: TimeTeller on April 13, 2021, 11:54:30 PM
We don't know for sure why people still buy XRP and the price can be quick this time. This makes many people also
want to benefit by buying XRP and it is increasing in price this time. Although XRP has problems so some exchanges
have been delisting XRP. Because XRP community are already strong, they still want to make a profit by trading XRP.

And after few months, XRP market bounces back.
People holding this coin have high hopes now that they have heard good news from their SEC battle.
I hope they can surpass this challenge. I participated in SPARK token airdrop last year for all XRP holders, so hopefully, it will push thru.  ;)
People are buying because they are seeing that xrp team seems to be a strong one to continue its battle with SEC.
If they have no sufficient resources, I guess, they already give up this battle.


Title: Re: Why are people still buying XRP?
Post by: iTradeChips on April 14, 2021, 12:50:11 AM
Well I asked one of my colleagues that was an investor of XRP and he said the reason why he bought that before is because of the low price. Many many people who do not know complex information about cryptocurrency trading simply got into the crypto because of the cheap price. Also the marketing campaigns that were initiated in social media really got many people to get XRP. And many got fooled. They will eventually be losing money, as what happened when XRP crashed before.


Title: Re: Why are people still buying XRP?
Post by: Amejoaquim on April 14, 2021, 01:52:44 AM
The hype is so high because of winning against SEC. No wonder the price keep rising and i think most of the traders just wanna get easy money to following this pattern.

My prediction, the price of xrp can be reach more than 3$ in the next month.


Title: Re: Why are people still buying XRP?
Post by: bisdak40 on April 14, 2021, 08:38:44 AM
Any update on that SEC ruling mate?

XRP is on a roll now and it seems that it will be having it's ATH soon enough.

I have followed the price of XRP for some time now as this crypto is what i'm using in betting and i'm hesitant at the moment to use this as this might go to $10 in a few months. What do you think?

During the past few days, XRP had a few legal victories (which is being reflected in the exchange rates). Today Judge Sarah Netburn refused a request from the SEC, to have access to financial data from the XRP promoters (Chris Larsen and Brad Garlinghouse). The judge termed the request from SEC as an "overreach". But this is bad news for decentralized cryptocurrencies such as BTC and ETH. SEC had argued that coins such as ETH doesn't come under the Section 5 of the Securities Act, since no individual promoters benefitted from the ICO. But the judge has rejected this argument. And this can create issues for real cryptocurrencies such as BTC in the future.

Thanks for this information mate. With above info i think this XRP bull run might be temporary as we don't know what would be inside the judge's mind in the coming days/months. She might heed the request of the SEC thus affecting the trade value of XRP in the future.

You maybe right that this is bad for decentralized cryptos like BTC and ETH but there's a long standing argument that Ripple is a centralized cryptocurrency, that maybe the reason why the judge rejected SEC's request.


Title: Re: Why are people still buying XRP?
Post by: Om.monata on April 14, 2021, 09:06:32 AM
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp


Title: Re: Why are people still buying XRP?
Post by: Distinctin on April 14, 2021, 09:14:35 AM
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp

XRP has a potential, however  some investors are doubtful because XRP had a case against the SEC, other than that, I think XRP is delivering and fulling the expectation of the investors, hopefully, they'll win the case or if not it will not result to a dump of XRP.


Title: Re: Why are people still buying XRP?
Post by: greenslope on April 14, 2021, 11:23:48 AM
the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp

XRP has a potential

To release 65 billions more coins on gullible hands? Of course, specially with such great promotion teams....


Title: Re: Why are people still buying XRP?
Post by: rainingbitcoins on April 15, 2021, 03:33:55 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

After looking at today's XRP chart, did you find the answer to your question? XRP is not only strong in the field of development teams and build systems. the most important thing is that XRP is very strong in the area of ​​stimulating investors to buy and hold their XRP.


Title: Re: Why are people still buying XRP?
Post by: McWorse on April 15, 2021, 06:09:53 PM
People are buying XRP because of news like this:

https://zycrypto.com/leading-digital-banking-company-novatti-to-leverage-xrp-for-cross-border-payments/

And just between us: In a globalized world, it doesn't necessarily matter what the SEC wants. XRP has a lot of running services and is partnered with a lot of really big banks around the globe. Most of their partners are outside the USA. XRP is the largest provider of lightning fast cross border payments with extremely low fees. The SEC? Who is the SEC ... ?

In addition:
No matter what the SEC decides - ripple will stay as company and they will continue to offer their worldwide services. They will go on with with their partners, will develop new products and they will grow.
;)


Title: Re: Why are people still buying XRP?
Post by: dzonikg28 on April 15, 2021, 06:41:48 PM
XRP is very well connected in the banking sector and if they leave all the discussions with the SEC behind they are among the best regulated centralized digital currencies out there. May have speculative value, don't know, I don't like it as it is not real cryptocurrency as most of us understand it.

What is the status quo of their issue with the SEC? Is that fully resolved? It can't be, can it? I guess that will consume a lot of time. Still people are betting on a favorable outcome for XRP.


Title: Re: Why are people still buying XRP?
Post by: devollito on April 16, 2021, 05:30:58 PM
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.


Title: Re: Why are people still buying XRP?
Post by: Vinaa77 on April 16, 2021, 05:46:14 PM
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase


Title: Re: Why are people still buying XRP?
Post by: Fredomago on April 16, 2021, 06:15:08 PM
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase

Bad news reflects and after that the value fall but now it's gaining attention again as there are rumors that spreading where Ripple
are getting good news regarding to SEC issue.

Those who believes and continue buying this asset from Last year are now enjoying the success of their investment, if you do have plans

make sure to have good alternatives in case you've got stuck and failed to ride in the right time.


Title: Re: Why are people still buying XRP?
Post by: dzonikg28 on April 17, 2021, 04:38:14 AM
The potential of Ripple is still quite good and many banks have adopted technology from the Ripple blockchain. indeed in December last year they got a lawsuit from the SEC on suspicion of guilt.
but until now it is still in court process. fundamentally Ripple is still quite good because it has been proven and is widely used until now. Bad News is common. in fact today Ripple is experiencing a high increase

Bad news reflects and after that the value fall but now it's gaining attention again as there are rumors that spreading where Ripple
are getting good news regarding to SEC issue.

Those who believes and continue buying this asset from Last year are now enjoying the success of their investment, if you do have plans

make sure to have good alternatives in case you've got stuck and failed to ride in the right time.

I don't know but I just think buying XRP is a bet on the Ripple infrastructure becoming a core element of centralized banking. Not at all what we like cryptocurrencies for.


Title: Re: Why are people still buying XRP?
Post by: Kocret02 on April 17, 2021, 05:31:57 AM
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
maybe one of the current xrp strategies to be able to continue to exist in cryptocurrency, xrp forges with many partnerships and all of this can be used as the best technique. it is proven that today xrp is the prima donna for some investors who like xrp


Title: Re: Why are people still buying XRP?
Post by: dzonikg28 on April 18, 2021, 07:45:18 AM
The reason people still buying xrp because of these reason :
1. US is not only the market for it, even tho US ban it, it does not mean xrp will die.
2. A lot of partnership with bank has been made with xrp.
3. The tech is built in 6 years and will be use for global transaction with cheap cost.
maybe one of the current xrp strategies to be able to continue to exist in cryptocurrency, xrp forges with many partnerships and all of this can be used as the best technique. it is proven that today xrp is the prima donna for some investors who like xrp

They have been doing that ever since their inception. It was all about partnering up with banks and the goal was never to become a decentralized currency let alone an unregulated one.


Title: Re: Why are people still buying XRP?
Post by: siopis on April 26, 2021, 10:39:23 AM
Not only XRP but actually ANY centralized Crypto has no potential. All point of crypto lies in decentralization , if its centralized then is worst than USD its only a gift card or even worst than just a gift card. But anyway, this is only just my opinion.