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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Walterhank on January 20, 2021, 07:49:21 AM



Title: Ripple is dying
Post by: Walterhank on January 20, 2021, 07:49:21 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?


Title: Re: Ripple is dying
Post by: Reid on January 20, 2021, 08:16:56 AM
It may not be dead for some supporters and investors who are still willing to wait.
For me, I had enough.
I sold my XRP in exchange for a better choice with Ethereum.
Now, it is making more rather than just waiting for XRP to come back to life while being bombarded by delisting and complaints.
Well, we do have our own choices.


Title: Re: Ripple is dying
Post by: Sourhearrt on January 20, 2021, 08:27:16 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
Shame on those who said ripple is dead without any negative outcomes, XRP have been in a peaceful state since launch and it's been many years already, you think they won't be able to settle things with SEC? It's same thing how people will tell you its over for you because you are in a not so good situation.

It's not over until it's over


Title: Re: Ripple is dying
Post by: RabbiTANK on January 20, 2021, 09:04:39 AM
XRP is a good top altcoin but ROI wise isn't that great unless there is huge altcoin season in action, for that to happen dominance needs to drop marginally, there are strong XRP believers out there, those who are ready to go down with XRP through and through, I don't believe XRP will die easily but let's wait and see the outcome


Title: Re: Ripple is dying
Post by: ethereumhunter on January 20, 2021, 09:06:27 AM
I guess the investors still waiting for ripple to come back at the market. But I see that XRP still exist in some exchanges and the price up to and down. I do not have an idea when the update news about the current situations for XRP will come out. Let us wait and see, and if you think that XRP can increase back, you can buy back XRP while the price is not too expensive. Too bad, I can not sell XRP at the highest price, but that will not be a problem because I still make a profit. But I still hold some amount just in case the price can increase later.


Title: Re: Ripple is dying
Post by: koang on January 20, 2021, 09:08:22 AM
I'm not a fan of Ripple but I don't think Ripple will wipe out because there are so many companies involved that it will affect the market heavily
It will not be easy for Ripple, but I think Ripple will find a viable solution in the near future.
Best of luck to ripple...


Title: Re: Ripple is dying
Post by: Couttouw on January 20, 2021, 09:34:30 AM
Ripple have a very good chance of winning the lawsuit and if they do, the price of XRP will go past its ATH.
Even if SEC wins about declaring XRP a security, even then XRP won't be dead.

The rest of the world doesn't see XRP as a security and there is much more than the USA only (despite what Americans think  ;) ).
XRP is much cheaper, faster and 'greener' than BTC, ETH, ... and Ripple is working with more than a hundred banks globally.

It will be adopted to bridge CBDC's all over the world, which will pump up the price to great heights.

Take the 'risk' of holding some XRP for a long term and see how it turns out.


Title: Re: Ripple is dying
Post by: cryptonx on January 20, 2021, 09:43:58 AM
Ripple have a very good chance of winning the lawsuit and if they do, the price of XRP will go past its ATH.
Even if SEC wins about declaring XRP a security, even then XRP won't be dead.

The rest of the world doesn't see XRP as a security and there is much more than the USA only (despite what Americans think  ;) ).
XRP is much cheaper, faster and 'greener' than BTC, ETH, ... and Ripple is working with more than a hundred banks globally.

It will be adopted to bridge CBDC's all over the world, which will pump up the price to great heights.

Take the 'risk' of holding some XRP for a long term and see how it turns out.

a lot of altcoins better than xrp mate, and personally i will not choose xrp for long term hold,
for me its better to hold ethereum, polkadot or Cardano for long term rather than xrp


Title: Re: Ripple is dying
Post by: buriks on January 20, 2021, 09:50:25 AM
indeed ripple is currently falling at a very low price, but for now I think it's not optimal to invest in ripple for fear that this will take a long time and make this altcoin drop even lower. we better invest in other altcoins if you are planning to invest in either the long term or the short term.


Title: Re: Ripple is dying
Post by: Couttouw on January 20, 2021, 09:55:04 AM
Ripple have a very good chance of winning the lawsuit and if they do, the price of XRP will go past its ATH.
Even if SEC wins about declaring XRP a security, even then XRP won't be dead.

The rest of the world doesn't see XRP as a security and there is much more than the USA only (despite what Americans think  ;) ).
XRP is much cheaper, faster and 'greener' than BTC, ETH, ... and Ripple is working with more than a hundred banks globally.

It will be adopted to bridge CBDC's all over the world, which will pump up the price to great heights.

Take the 'risk' of holding some XRP for a long term and see how it turns out.

a lot of altcoins better than xrp mate, and personally i will not choose xrp for long term hold,
for me its better to hold ethereum, polkadot or Cardano for long term rather than xrp
The Tether scam is officially going to be revealed anytime soon, which will lead to a big shock in the crypto space.
So I will not invest in other altcoins than XRP in the near future.

In about 3-10 years XRP could reach the price of $ 200 per XRP when it's massively adopted by banks worldwide.


Title: Re: Ripple is dying
Post by: X-ray on January 20, 2021, 10:08:07 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
People are only betting on the final result from the court. The final result will be determined by the court. The ripple supporters are believing on what they have called that as the future of payment system while so many people are being deceived caused by this coin too.
Ripple will actually go back again to face the legal battle with the SEC on the court.
That will be a very sensitive news to be playet.


Title: Re: Ripple is dying
Post by: Gunday_07 on January 20, 2021, 10:11:51 AM
indeed ripple is currently falling at a very low price, but for now I think it's not optimal to invest in ripple for fear that this will take a long time and make this altcoin drop even lower. we better invest in other altcoins if you are planning to invest in either the long term or the short term.
That fear can be erased instantly once XRP win the war against SEC, I believe the reason why some are still investing on XRP is the fact that it's a strong altcoin that's capable to win SEC, to say the truth there is more that meet the eye with XRP project, that project is managed by powerful entity


Title: Re: Ripple is dying
Post by: Phoenix_PROG on January 20, 2021, 10:29:38 AM
It's XRP anyways, I guess that why the value haven't dropped drastically, just imagine if it's any other projects under top 10 it would have been dumped so much or even near it's dead end already but people know XRP isn't a small project, it can actually withstand the blows from SEC, I'm sure all this will have a happy ending


Title: Re: Ripple is dying
Post by: dre1982 on January 20, 2021, 10:33:27 AM
The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.

https://i.imgur.com/667dATw.png

They just had some problems but it looks like it's getting up again.


Title: Re: Ripple is dying
Post by: Inkdull on January 20, 2021, 10:40:50 AM
The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.

https://i.imgur.com/667dATw.png

They just had some problems but it looks like it's getting up again.
Finally someone sees the exact same thing I'm seeing here, if XRP is really dying why is the value this better than before? I don't know what's wrong with people, the moment something have a comma they will stop believing, what if XRP wins the lawsuit? XRP is even the first top altcoin that SEC will go after, what makes you think XRP will fall because of this?


Title: Re: Ripple is dying
Post by: Coin_trader on January 20, 2021, 10:47:15 AM
Ripple CEO is to naive on resisting SEC charges against them as well as there die hard follower that don't have any idea what's the project problem facing right now. Ripple will slowly die as long as they will not accept and settle the SEC charges for being a Security token.

This will stop if they pay the fine and accept the fact of being Security token.


Title: Re: Ripple is dying
Post by: bittick on January 20, 2021, 10:55:16 AM
In about 3-10 years XRP could reach the price of $ 200 per XRP when it's massively adopted by banks worldwide.
It seems you are a part of XRP supporter.
When SEC will be winning the battle and the banks will never try to adopt ripple.
The court will be giving the statement that will decide whether ripple will still alive or not. Even some major exchange sites that didn't operated in US started to keep their eyes on this case.


Title: Re: Ripple is dying
Post by: aemma on January 20, 2021, 10:56:11 AM
What do you actually expect from people who said Ripple is dead or is dying, at this current situation many will find it better to sell everything than taking that risk of waiting till the case is settled which might even be against Ripple, so in order to be on the safest position they sell and move to Bitcoin, Ethereum or other top coins; therefore with people selling many will consider Ripple as a dying platform. Also, considering the nature of the case, no one knows what will be of Ripple until a move is made, that is, settling or going to court, if settling I think Ripple will have a chance to come back hugely but if they proceed to court which of course will take time, then the price will drop, therefore you might also agree with those who said Ripple is dead.


Title: Re: Ripple is dying
Post by: Xardasim on January 20, 2021, 10:57:04 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
The last days have not been very good for XRP and there will not be positive news until the accusation ends. Ask yourself, why would you hold XRP in the current situation when there are top profitable coins. Honestly, I do not like XRP very much and it would not upset me if it will become weaker. Do not mind too, and move on to projects like ETH, LINK, LTC.


Title: Re: Ripple is dying
Post by: mohsing on January 20, 2021, 11:03:01 AM
I think Ripple  will not die so easily.Ripple Ceo intends to fight a legal battle and will respond to the allegations in a legal forum.Almost one month has passed after negative new of Ripple But it is still in the top ten Ranking and price is still above 20 cent.We should take profit in to for short term,Do not hold long unless its settlement.


Title: Re: Ripple is dying
Post by: Apostlekin$$$ on January 20, 2021, 11:06:27 AM
In about 3-10 years XRP could reach the price of $ 200 per XRP when it's massively adopted by banks worldwide.
It seems you are a part of XRP supporter.
When SEC will be winning the battle and the banks will never try to adopt ripple.
The court will be giving the statement that will decide whether ripple will still alive or not. Even some major exchange sites that didn't operated in US started to keep their eyes on this case.
You have a point here, 200$ for XRP is laughable lol but I don't see any reason why XRP team won't pay the fine, they should be able to get out of this mess or else all those third-party institutes that want to adopt XRP will abandon the project, honestly things aren't looking good for XRP but I believe anything is possible


Title: Re: Ripple is dying
Post by: Twinkledoe on January 20, 2021, 12:45:18 PM
I think Ripple  will not die so easily.Ripple Ceo intends to fight a legal battle and will respond to the allegations in a legal forum.Almost one month has passed after negative new of Ripple But it is still in the top ten Ranking and price is still above 20 cent.We should take profit in to for short term,Do not hold long unless its settlement.
Yes, taking profits for the short term can still be done through the Ripple token, moreover Ripple still intends to solve a problem that has dragged on for a month, so of course it is still very good to have a Ripple token in the short term and take advantage of it.

I believe the ripple team is still doing something behind the curtains. I don't think they are just sleeping with this problem. There are so many stakeholders that are affected by this issue. They have a lot of collaborations in place, so I don't think, they will fail those partnerships. Maybe, a month from now, we will hear something solid from the XRP team. Let's give them the benefit of the doubt.


Title: Re: Ripple is dying
Post by: Sled on January 20, 2021, 12:48:43 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
It's not yet dead but it going there. How many supporters and investors are willing sacrifice their time waiting for their issue to resolve? 1%, 2%, sooner or later they all gone for such a hopeless wait for nothing.
If Ripple wanted to bring back and hold the trust of their investors, they will have to work for the resolution of their issues but never heard they are doing it, or maybe I miss something?


Title: Re: Ripple is dying
Post by: Banulit on January 20, 2021, 12:51:03 PM
I dont think that ripple is dying and will be a dead coin because of the fact that even they are having this lawsuit, the CEO and its team are really working and making the necessary actions to win this case in order for the XRP to continue its legacy in the crypto world and I do believe that sooner we will see a light and a good progress on the ripple trial.


Title: Re: Ripple is dying
Post by: rainingbitcoins on January 20, 2021, 01:00:35 PM
To anticipate our multi management security we better not invest in ripple for now, because some of the things we need to know are the volume of the exchange currently seems to be decreasing and I think a lot of investors are playing the price for now so the price is unstable. This can make a beginner trade lose money if he makes a mistake in either opening sells or buying on the exchange.


Title: Re: Ripple is dying
Post by: kevinzxz on January 20, 2021, 01:02:26 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I think Ripple can still survive, but my advice is we better not invest in Ripple for now until SEC and Ripple problem are resolved (take a safe position), because if Ripple loses then the price of Ripple will be difficult to increase and even dump, but if Ripple wins, then it's a right time to invest in Ripple, because I think the price of Ripple will definitely increase very high.


Title: Re: Ripple is dying
Post by: masterrex on January 20, 2021, 01:12:07 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I also sold my XRP when the price is at $0.60 cents but it doesn't mean that I believe XRP was already dead, despite that a number of large crypto exchange was delisting XRP because of the SEC pressures but in Binance the XRP was traded at the stable price so it is not dead yet. it is only a fud so that the holders and investors will abandon XRP.


Title: Re: Ripple is dying
Post by: CashbackLover on January 20, 2021, 01:18:22 PM
After reading all comments here I see that many aren't reading news since the lawsuits on XRP started, so far I'm impressed about how the teams are facing the charges, it seems they are confident that they will win and even the CEO is sure that biden will favour XRP more than how trump handled things


Title: Re: Ripple is dying
Post by: fara darani on January 20, 2021, 01:26:59 PM
xrp nowadays is really bad in price, but still many people buy it. it is because they are looking for gaps in the trade and taking profits with not too much capital. but of course they already understand what market movements will occur in the future. I think now is the right time to buy some XRP and hold it for quite a long time and wait for the price to come back to normal even if it's not that high.


Title: Re: Ripple is dying
Post by: jessyj48 on January 20, 2021, 01:32:26 PM
I have the full confidence that XRP will win over SEC, I also believe the the new US president will go easy on XRP through SEC, XRP team still keeps their heads up and keep pursuing their goals, they still have plan to bring XRP Ledger to central bank, it's no more trump in action, things can change differently for XRP


Title: Re: Ripple is dying
Post by: desfira on January 20, 2021, 01:37:23 PM
It will not die for ripple, it will be stopped also of no use, because riplle has spread throughout the world, for sure ripple will continue to grow, whatever happens will not be a barrier


Title: Re: Ripple is dying
Post by: rig4hodlers on January 20, 2021, 01:42:54 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

Well, this is not clear at all. In my particular case, I've sold around 80% XRP that I had when SEC made the official statement about the Ripple stuff but I really think that Ripple will move forward with the SEC case and they will finally win. If this happen, we will see the XRP price raising like the biggest bull run ever before so we have to stay tuned on this stuff as much as we can if dont want miss that. Btw, Ripple project is really incredible and they don't deserve that but once you move into the crypto space, you have to read everything with much details just in case you miss something and avoid problems in the future.


Title: Re: Ripple is dying
Post by: so98nn on January 20, 2021, 02:38:11 PM
The Tether scam is officially going to be revealed anytime soon, which will lead to a big shock in the crypto space.
So I will not invest in other altcoins than XRP in the near future.

In about 3-10 years XRP could reach the price of $ 200 per XRP when it's massively adopted by banks worldwide.

I don't think so. XRP is becoming shit coin slowly and they turning into burnt field really. If you think it can go boom 1000% then it's ridiculous considering its downfall after the last years suspicious activities for the XRP project. People known very well that there are many more coins than such down trending coins. If they are going for any investment then surely its either coin like ETH, BNB, BTC or testnet coins too. XRP is just up there because of it's market capitalism which is from old investors who are now stuck in their just because they bought the XRP at high cost. They are just silently waiting for it's price to reach at least break even point. So make sure you don't fall for the worst mate. ;)


Title: Re: Ripple is dying
Post by: meldrio1 on January 20, 2021, 02:54:41 PM
I don't think ripple will be dead soon, the fight is not yet ended. Ripple is not a good investment but I usually use this coin for transferring my funds because of low fee, ripple is very useful to me.. The price will be explode if ripple wins but if not I don't know what will gonna happen for ripple hope not dead but still we can use it.


Title: Re: Ripple is dying
Post by: Kitaiev on January 20, 2021, 03:03:37 PM
Ripple won't go anywhere. They are bad now but tomorrow they will be fine and the price will rise. And after that the price will go down again. Therefore, many people like ripple and many do not like it. Technology is the last thing to think about when trading Ripple.


Title: Re: Ripple is dying
Post by: ekim88 on January 20, 2021, 03:09:22 PM
I left half of my XPR coins just in case. You never know what will happen.


Title: Re: Ripple is dying
Post by: Furryball on January 20, 2021, 03:40:36 PM
Ripple is very much alive and well, I've been following their channel and also looking out for any news about XRP, the team are not even scared of SEC, infact they are 100% ready for any SEC hammer, people are going to be surprised very soon, including XRP haters, mark my words people.


Title: Re: Ripple is dying
Post by: raidarksword on January 20, 2021, 03:42:50 PM
Despite the negative impact of SEC lawsuit and delisting announcents from exchanges, still ripple has active trades in the market and trying to cope up with all bad news happening into them. There are still believers out of everyone that's why the price of xrp still continues in the market and still have people eyeing to buy more xrps.


Title: Re: Ripple is dying
Post by: Ryushin on January 20, 2021, 03:45:36 PM
I'm not blind so I can see clearly that XRP is the first top crypto project that SEC will hunt for but there is no history of any top project that died because of SEC, so why are people dumping their XRP coins? Since the news was announced XRP price gets growing, how is this dying?


Title: Re: Ripple is dying
Post by: Lordhermes on January 20, 2021, 03:57:03 PM
The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.

They just had some problems but it looks like it's getting up again.
Definitely, ripple is never dead and can never die, though their case in the court with SEC will bring their price down for some certain period of time, but that doesn't mean they will be dead. In the coming weeks, ripple price will go more higher than expected because it is cheaper at the moment.

EDIT:
Ripple is not a good investment but I usually use this coin for transferring my funds because of low fee.
This is the very reason why ripple is not going to shutdown, I personally used ripple alot for my transactions while selling it to my fiat currency which delivers fast at low fee.


Title: Re: Ripple is dying
Post by: disconnectme on January 20, 2021, 07:25:27 PM
I can't wait to see XRP leave the top 100 in the CMC, that will be when its death is confirmed, I still can't understand what they are selling all these newbies entering the space that is making to buy into the dream XRP army is selling them. XRP is just against everything Crypto stands for.


Title: Re: Ripple is dying
Post by: abel1337 on January 20, 2021, 10:02:32 PM
I'm not blind so I can see clearly that XRP is the first top crypto project that SEC will hunt for but there is no history of any top project that died because of SEC, so why are people dumping their XRP coins? Since the news was announced XRP price gets growing, how is this dying?
FUD. People don't want to wait and leave their assets to fall at a low price that's why holders rushed on selling. The SEC news also affected exchanges that caused them to remove XRP from their exchange. This maybe affects XRP in terms of market value and holders especially those who are affected which is the US but I think Ripple won't die instantly.


Title: Re: Ripple is dying
Post by: tabas on January 20, 2021, 10:59:29 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
They are trying to settle it but SEC won't allow it. They have to get into the courts and fight with the sue that has been thrown at them. It's SEC that has filed it and if there is very much provided evidence that helps the accusation, they're done.
But it's still the community to decide if they will continue trading it and holding it as an investment despite with that lawsuit they have.


Title: Re: Ripple is dying
Post by: Holla123 on January 21, 2021, 12:15:13 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I would not risk it. There is too many questions about Ripple and the rumour that it is a Trjoan horse of the banks. You might be better off with Chainlink if you want to bet about old and new economy connecting


Title: Re: Ripple is dying
Post by: mcun2000 on January 21, 2021, 01:05:14 AM
If this SEC lawsuit didn't give you pause to really look at the risk of XRP, think further long term and you see that XRP is very risky.

The SEC's job is to protect wall street and protect investors. I do believe the SEC has a valid case because of the fact of how XRP was pre-mined and distributed, the fact of the strange corporate structure between the founders, ripple the corporation, ripple labs, and XRP token, and the fact that 60% of the tokens are still held by ripple. It seems very much like an equity security and not a crypto asset or crypto currency.

But think further out, and I don't see what use case XRP solves. The US Office of the Controller of the Currency has now allowed US banks to use blockchain to settle financial transactions, so why would banks need to use XRP tokens now? They can just settle using trusted, decentralized cryptocurrencies like BTC or LTC, or stables coins or soon to issued central bank digital currencies, all on reputable blockchains like etherem, cardona, etc etc.

XRP is just too risky. Get out!


Title: Re: Ripple is dying
Post by: poodle63 on January 21, 2021, 03:05:19 AM
I mean, none of us could know whether Ripple is gonna be dying for sure in the future or not right? I think ripple tried to settle with SEC back 2 weeks ago and have never heard any news about it ever since. I'm myself would consider XRP as a high risk investment because it could go down anytime but they still have a chance to recover and settles with their problem.
Worst case scenario they got delisted and people losing their shit over it because massive dump but that only happen if ripple direction decides to make the worst decision. At this point I don't even consider XRP for money transaction due to volatility, let alone for investment.


Title: Re: Ripple is dying
Post by: asriloni on January 21, 2021, 03:27:34 AM
I left half of my XPR coins just in case. You never know what will happen.
I have sold it when it reaches the yearly peak price. Ripple is on a very difficult situation but I hope that we will see that truth if ripple was an organized quick rich scheme with nothing to be offered.
BTW it looks like the case will continue again soon. I hope that we will able to see the result from the court this year.
It's sad for those who have bought this garbage coin more than 82 cents. The founders has been taking the advantage from this crap scam scheme.

SEC will be winning the battle.


Title: Re: Ripple is dying
Post by: itachi gunasekara on January 21, 2021, 03:47:21 AM
Who would say that? I don't feel like that. I'm not a Ripple holder, but there are some people I know. They don't say anything about it either.


Title: Re: Ripple is dying
Post by: zeingrind777 on January 21, 2021, 03:54:29 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
There are still many investors who hold large amounts of ripple coin. they are waiting for ripple's revival. that means ripple coin is still trusted. Even though I don't own the ripple coin, I don't believe that it will die. Because several countries such as Japan still recognize and use ripple.


Title: Re: Ripple is dying
Post by: marcbitcoins on January 21, 2021, 04:02:45 AM
Ripple, as a company, is very much alive. It is literally the most successful Blockchain company with plenty of successful projects. However, if you are asking if Ripple (like its currency: XRP) is dying, then the answer is maybe but the price of $0.29 which is the lowest since SEC is still stable for weeks now because there are lot of people who still trusted and believe Ripple is going to survive SEC law suit.


Title: Re: Ripple is dying
Post by: WalkerIVIV on January 21, 2021, 04:32:46 AM
I believe it'll recover :P
Did you mean recover to the bottom again?
So many shorters are betting on the news that will come for ripple. People didn't learn from the KIN's case. SEC is always giving enough proof before try to take the legal action against KIN.
The ripple holders must have prepared themselves.

I have been seeing the same thing happened with KIN supporters too.


Title: Re: Ripple is dying
Post by: Eddyc on January 21, 2021, 09:31:19 AM
In my opinion the graphics are stable with small fluctuations and I have already commented on previous topics that despite the news and speculation there are strong hands holding XRP and maybe there is the possibility that XRP will win the legal proceedings and recover. Currently on average it has a daily volume of $4.2 billion and the fifth largest force.


Title: Re: Ripple is dying
Post by: LogitechMouse on January 21, 2021, 10:30:02 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
I'm still waiting for the result of their head to head in SEC but at this moment, I already took the risk and bought some XRP for short term profits.
High Risk but High Reward. I'm ready for whatever may happen to it.

With their current problem right now, many are saying that Ripple is dying thus investors and holders of it immediately sold most if not all of their Ripple holdings. There are some who took the risk like me too and bought at the bottom and hoping for a short term profit. I don't think that it will die soon and as long as there is a community which is already has and as long as it is being traded on exchanges.

Decide whether you take the risk or find another coin to invest with :).


Title: Re: Ripple is dying
Post by: trauchot on January 21, 2021, 10:53:57 AM
So far, I see that a lot of big players are still investing and are ready to invest in Ripple, and this is of course very good, because this suggests that the big players want that everything to be fine with Ripple and so far it is hard to guess something about Ripple future, so we need to wait for the SEC decision about Ripple and then we will can think about what will happen to Ripple in the future, so for now we just need to wait and watch.


Title: Re: Ripple is dying
Post by: dre1982 on January 21, 2021, 12:28:28 PM
The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.

https://i.imgur.com/667dATw.png

They just had some problems but it looks like it's getting up again.
Finally someone sees the exact same thing I'm seeing here, if XRP is really dying why is the value this better than before? I don't know what's wrong with people, the moment something have a comma they will stop believing, what if XRP wins the lawsuit? XRP is even the first top altcoin that SEC will go after, what makes you think XRP will fall because of this?

Everyone is comparing it with the value of the pump but if you see it at a longer term is still good.

They also do it with the bitcoin price, now it's $32000 but that's still a great price if you compare it with 2 months back.


Title: Re: Ripple is dying
Post by: Abiky on January 21, 2021, 05:33:38 PM
I can't wait to see XRP leave the top 100 in the CMC, that will be when its death is confirmed, I still can't understand what they are selling all these newbies entering the space that is making to buy into the dream XRP army is selling them. XRP is just against everything Crypto stands for.

Same. XRP is nothing more than a glorified banking system. It'll eventually fail as it goes against crypto/Blockchain tech's principles. With the SEC taking action against Ripple, it shouldn't be long before most (if not all exchanges) de-list XRP. This will cause the digital asset to lose its value at a fast rate. That's what happens with an utterly-centralized "cryptocurrency" manipulated by a single entity. Since Ripple (the company) is directly tied to the XRP asset, it becomes easier for governments to enforce regulation. Remember, Bitcoin was created as a decentralized cryptocurrency for a reason. Taking that key feature away from it, greatly defeats the purpose of Blockchain tech.

Nonetheless, it seems to me that XRP won't last for long. There are far better options out there on the market that are as scalable as XRP, but are less centralized. Stellar is one of those options, being similar to XRP in every way. It's much more decentralized with a vibrant community supporting it every step of the way. Unless Ripple complies with the SEC, the XRP asset will be doomed. Time will tell us whenever XRP stays on the top ranks in market cap or not. Just my opinion :)


Title: Re: Ripple is dying
Post by: cilgindansci on January 21, 2021, 06:14:30 PM
Ripple's problem with the SEC can't be resolved in a short time. As long as this process continues, Ripple will lose value. I think there should have been greater losses in value by now. I think people with Ripple investments should sell their investments as soon as possible  :-\


Title: Re: Ripple is dying
Post by: Marvelman on January 21, 2021, 07:17:14 PM
Everyone is comparing it with the value of the pump but if you see it at a longer term is still good.


Maybe you should take a few more steps back to see the bigger picture.
How about you show the chart from January 2018 (XRP at ATH) until today? And then look at BTC for the same period.



Title: Re: Ripple is dying
Post by: Cling18 on January 21, 2021, 07:38:22 PM
XRP should regain the trust of their investors first because since the case has been filed against then, some investors have lost their trust and sold their XRP holdings. It doesn't mean that XRP is dying but the fact that it's being manipulated has a negative effect on investors. Most of them have switched to other potential and reputable coins and we can't blame them for that. Xrp should fix their case first before it's too late.


Title: Re: Ripple is dying
Post by: Argoo on January 21, 2021, 08:03:21 PM
Ripple's problem with the SEC can't be resolved in a short time. As long as this process continues, Ripple will lose value. I think there should have been greater losses in value by now. I think people with Ripple investments should sell their investments as soon as possible  :-\
I read on the news that Ripple Labs officials said they are entering negotiations with the SEC. If they agree on the amount of penalties to be paid, the trial can quickly end in a reconciliation of the parties. I think that the Ripple team is fully aware that the lengthy lawsuit is not in their favor and will try to finish it as soon as possible, even I appreciate the payment of billions of dollars in penalties.
I also don't think ripple is dying now. The image and price of this coin have been shaken, but this is temporary.


Title: Re: Ripple is dying
Post by: dunfida on January 21, 2021, 08:10:29 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

You would really be expecting lots of mixed words towards XRP specially that its price had plummet down compared it was before or into that pre-SEC issue.
Is it really dying? No it isnt but rather we do see its price moving sideways where it means that buyers and sellers are still undecided on what action will really be
done next.Dont get easily dragged up with FUD and when you do tend to make out investment with XRP or shall we say buying the dip then its up to you,
its a risk to take because its impossible not to think that this might be XRP's demise but try to look the price then its still holding well.


Title: Re: Ripple is dying
Post by: ardentvolcanoes on January 21, 2021, 08:24:07 PM
XRP should regain the trust of their investors first because since the case has been filed against then, some investors have lost their trust and sold their XRP holdings. It doesn't mean that XRP is dying but the fact that it's being manipulated has a negative effect on investors. Most of them have switched to other potential and reputable coins and we can't blame them for that. Xrp should fix their case first before it's too late.

The very first thing that the developers needs to work and resolve, most of the traders are aware that this coin still have a big issue with

SEC so instead of investing / buying this coin they'll prefer to buy other alternative in hope that the chance is more higher than taking

the risk with this project where manipulation are always  possible.


Title: Re: Ripple is dying
Post by: Roidz on January 21, 2021, 09:25:36 PM
XRP should regain the trust of their investors first because since the case has been filed against then, some investors have lost their trust and sold their XRP holdings. It doesn't mean that XRP is dying but the fact that it's being manipulated has a negative effect on investors. Most of them have switched to other potential and reputable coins and we can't blame them for that. Xrp should fix their case first before it's too late.
for now, it is clear that XRP no longer has any appeal to investors and investors will of course also think that XRP is basically dead now and could be a risk if it keeps XRP as an investment asset, but one way XRP will restore the trust of investors and traders is by winning the legal case so that it can prove if what the SEC accuses is not true and of course if XRP wins the lawsuit it will certainly have a big impact on XRP later.


Title: Re: Ripple is dying
Post by: Shasha80 on January 21, 2021, 09:57:45 PM
I don't think XRP is dead, because even the price of XRP is now rising compared to the price of XRP in December 2020. But its position at the CMC
site fell to rank 5, passed by Polkadot, this proves that XRP is starting to weaken. This was likely due to the effect of lawsuits by the SEC, and with
news several exchanges decided to delist XRP. XRP is a crypto that has been around for a long time, and has strong fundamentals. So I doubt XRP
will die, despite losing to the SEC court, I believe XRP can survive.


Title: Re: Ripple is dying
Post by: shinratensei_ on January 22, 2021, 03:03:11 AM
Ripple's problem with the SEC can't be resolved in a short time. As long as this process continues, Ripple will lose value. I think there should have been greater losses in value by now. I think people with Ripple investments should sell their investments as soon as possible  :-\
Nah. people should take the prevention act to make sure their assets will not go even lower than the current rate.
As you can see that there's a lot of people who have been losing a lot. You must see that the price of ripple is going down more and more every day. it will be going back again to the bottom..
The ripple holders should think to liquidate their ripple. Bitcoin dump and ripple dead


Title: Re: Ripple is dying
Post by: memyselfandi on January 22, 2021, 04:35:09 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?
There is some article saying that ripple has some plans and movements regarding their issue on SEC.
Despite ripple current situation, there are some investors and customers who are waiting for ripples to settle its issue with SEC because those people know that once ripple gains its name and dignity in the market, it will immediately increase the market price value. That is why we cannot say that ripple is dead because in fact there are a lot of people who are watching and waiting for ripples to come back to the game.


Title: Re: Ripple is dying
Post by: fullhdpixel on January 22, 2021, 08:11:00 AM
The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.

They just had some problems but it looks like it's getting up again.
Definitely, ripple is never dead and can never die, though their case in the court with SEC will bring their price down for some certain period of time, but that doesn't mean they will be dead. In the coming weeks, ripple price will go more higher than expected because it is cheaper at the moment.
It "may" die, it can't never die because it is tied to centralized organization. How it could "die"? It could die if the company Ripple one day is bankrupted and closed, if that happens that means XRP is still out there, nobody could delete all XRP and that means it is still out there even if there is no more Ripple company in the world, so it is not fully dead. However one thing is for sure if the company bankrupted or closed for any reason, or simply just jailed the owners, that would be sort of dead by in any standard.

We have to realize that if that happens that means we are not going to see XRP used that much anymore, what would people do with XRP when Ripple is gone? That is why I think there is a chance it could die, I doubt that it would be fully closed ever and Ripple will continue even if SEC finds them guilty of anything, but there is a possibility.


Title: Re: Ripple is dying
Post by: Kunnu on January 22, 2021, 09:14:57 AM
I wouldn't say that xrp is dying the problems which team ripple is facing is not gonna be last long they will definitely find suitable ways to keep xrp more establish as we know that xrp is one of the top ranked cryptocurrency so obviously there are many investors and holders of xrp so I think team ripple would care of its reputation.


Title: Re: Ripple is dying
Post by: coin-investor on January 22, 2021, 09:21:52 AM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

Ripple built its reputation and its name over the years I don't think it will give up just like that without a fight, they have slipped a notch on their standing, and the price is dipping but not crashing, they are going to do something about it to turn the tide, I already posted on one thread that it's a high-risk investment, but on the other hand if they turn this around those who accumulate will yield a huge profit, it's a gamble that you have to think if you want to take.


Title: Re: Ripple is dying
Post by: tvplus006 on January 22, 2021, 09:48:28 AM
If you look at today's price decline in the market, we see that XRP behaves in the same way as other cryptocurrencies. And just like other coins, XRP has a buyer who started buying back the coin from those who dropped it. Thus, XRP has investors who, despite the fact that the company has a lawsuit from the SEC, continue to believe in the coin.


Title: Re: Ripple is dying
Post by: bitcon on January 23, 2021, 08:35:28 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I wouldn't mess with Ripple right now. The situation is not clear, who is right and who is wrong. Although we have to be honest, even after this whole affair with the courts, Ripple did not drown. Now everyone is waiting for the court's decision to understand how to proceed. Perhaps the parties will be able to agree.


Title: Re: Ripple is dying
Post by: Rengga Jati on January 23, 2021, 09:35:16 PM
Ripple is alive, we cannot judge it is dying now. Even if SEC can win against the Ripple team related to the lawsuit, I assume XRP still has a chance to survive. However, XRP is one of the top 10 coins in the world and they have many holders. I am very sure if the Ripple team will try their best to find the solution for XRP to survive. For now, we just need to wait for the progress of the lawsuit case made by SEC.


Title: Re: Ripple is dying
Post by: plvbob0070 on January 25, 2021, 04:50:28 PM
It is uncertain as it can be clearly distinguished that it is continuously operating in the market in spite of the SEC issue. Furthermore, people seem to find hope as there is slight progress with the price. Nonetheless, there are endless possibilities and Ripple may figure some solutions to settle the case, considering that it established a strong influence on the investment decisions of investors. Personally, it is difficult to predict any potential output and believe any speculation. An investor can still invest their money with it, but they should be aware of the risk involved.


Title: Re: Ripple is dying
Post by: Abiky on January 26, 2021, 05:16:55 PM
Ripple is alive, we cannot judge it is dying now. Even if SEC can win against the Ripple team related to the lawsuit, I assume XRP still has a chance to survive. However, XRP is one of the top 10 coins in the world and they have many holders. I am very sure if the Ripple team will try their best to find the solution for XRP to survive. For now, we just need to wait for the progress of the lawsuit case made by SEC.

We're going to have to see what happens after the SEC lawsuit. The new Biden administration could be either friendly or oppressive towards the crypto/Blockchain industry. XRP might be fined by the SEC, followed by a swift recovery of the asset's price on the market. Or Ripple could simply shut down its operations putting XRP's existence in jeopardy. It's an extremely risky world out there for investors looking to "hodl" XRP for long. Whenever this is the perfect buying opportunity or not, it's up to you to decide.

Nonetheless, XRP is witnessing the negative effects of its centralized model. If it was decentralized, none of this would've happened. Maybe Ripple (the company) decides to distance itself from the XRP project? Only then, the community will take over XRP making it a truly decentralized cryptocurrency. Time will tell us what will be the fate of the XRP Ledger in the crypto/Blockchain industry. Just my thoughts ;D


Title: Re: Ripple is dying
Post by: disconnectme on January 26, 2021, 08:09:04 PM
I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.


Title: Re: Ripple is dying
Post by: jahepahit on January 26, 2021, 10:25:08 PM
I do not think that XRP can win this case and I won't want to hold in loss and keep waiting for a positive result that won't come. Even if it's not Dead, there are many options to look into.


Title: Re: Ripple is dying
Post by: JooBra on January 26, 2021, 10:35:03 PM
I do not think that XRP can win this case and I won't want to hold in loss and keep waiting for a positive result that won't come. Even if it's not Dead, there are many options to look into.
We should look bigger picture. Anything can happen. Pets wait the decision and then we will see where is Ripple I still have hope.


Title: Re: Ripple is dying
Post by: dupee419 on January 27, 2021, 03:14:12 AM
I do not think that XRP can win this case and I won't want to hold in loss and keep waiting for a positive result that won't come. Even if it's not Dead, there are many options to look into.
We should look bigger picture. Anything can happen. Pets wait the decision and then we will see where is Ripple I still have hope.

It's not looking at the bigger picture, it's more of safekeeping the guy's holdings because we're never sure if XRP will continue to dump and possibly die if they won't win the case, yes you are right, anything can happen but if the market value continues to go down then it's better off converting your XRP to a more reliable currency.


Title: Re: Ripple is dying
Post by: Bitstar_coin on January 27, 2021, 03:33:16 AM
It is better to wait it out and hear the final verdict before buying xrp, this could turn both ways - positive or negative,  and whoever bought will be caught in the middle,  left with bags of dead xrp, and if the result is positive, there is high possibility xrp will recover, it is quite a tough choice for those who are still interested in buying.


Title: Re: Ripple is dying
Post by: danherbias07 on January 27, 2021, 03:35:46 AM
It's not looking at the bigger picture, it's more of safekeeping the guy's holdings because we're never sure if XRP will continue to dump and possibly die if they won't win the case, yes you are right, anything can happen but if the market value continues to go down then it's better off converting your XRP to a more reliable currency.

I agree. It will be better off investing it with a possible growing cryptocurrency rather than waiting for nothing.
It's not different with an ICO token that had been newly listed.
Most of them will be dumped in the long run because investors cannot wait anymore.
If I were to choose I would rather invest it with Ethereum or Dogecoin if you want something cheap.


Title: Re: Ripple is dying
Post by: asriloni on January 28, 2021, 04:00:23 AM
I never liked Ripple. There are a lot of centralized alts, but Ripple always was the most controversial one. This entire situation with it now only justified my position. Many traders, who once liked it, try to exchange it as quickly as possible. Though, I think Ripple has all chances to stay alive but with dirty reputation forever.
It's caused by this is the project with biggest premined coin in the history of crypto. people should know if the market can be dumped anytime by the premined coin holders.
All of ripple executives were also holding the premined coin too.
This is the most controversial coin in the crypto. Full with shillers but ripple has no utility usage.
The worst security coin in crypto.


Title: Re: Ripple is dying
Post by: SaShiRaJaVu on January 28, 2021, 01:32:21 PM
Ripple has big money going into it and that is what is keeping it from dying despite the issue with SEC. It is clear from how I see it that the SEC problem is not even affecting the price of Ripple. It is still where the price is and that is less than a dollar. From that price angle it is clear that Ripple is still ok and no dying.
Hope you are aware that the price of Ripple was around $0.768 and i thought i could breach the dollar valuation if it continued its rally but once the SEC lawsuit were filed the price started to tank, you can claim that it did not went down further but the big investors have selling the coins and without the institutional investors you cannot expect the price to rally.


Title: Re: Ripple is dying
Post by: target on January 28, 2021, 02:38:09 PM

It's almost impossible to see it failed, you still can see it on the 5th rank of the marketcap. If it's just another project, the price will just simply dive without support but XRP still has been many traders to it.  CEO will soon come to his senses and will eventually make a deal or just negotiate with SEC. Until there is nothing yet to deal with, Ripple will not see the light of day.


Title: Re: Ripple is dying
Post by: matchi2011 on January 28, 2021, 04:25:19 PM

It's almost impossible to see it failed, you still can see it on the 5th rank of the marketcap. If it's just another project, the price will just simply dive without support but XRP still has been many traders to it.  CEO will soon come to his senses and will eventually make a deal or just negotiate with SEC. Until there is nothing yet to deal with, Ripple will not see the light of day.


With such actions or we can say no action as yet, traders and potential investors will avoid this coin, there are people
who are engage to this market who don't want to take a big risk.

They are always lookng for potentials maybe some are risk takers who can manage to wait or willing to work it out both short and long term holding, it can still be possible to bring profits.


Title: Re: Ripple is dying
Post by: Abiky on January 28, 2021, 05:26:20 PM
I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.

As it's said in the real world, "money talks". Ripple may be able to get out of this situation if it has the best legal team backing it. But reputation will be hard to build after many exchanges, investors, and everyday people lost confidence in it. Taking XRP back to where it was originally will take quite some time. Whenever the crypto asset will survive or fade into oblivion, will greatly depend on the outcome of the SEC lawsuit.

Believe me, the only way Ripple will be able to protect XRP's prominence in the mainstream world is by separating itself from the project in every way possible. By putting the community in-charge, XRP would become decentralized. Consider why Charlie Lee decided to separate himself from the Litecoin project. It was only to ensure it remains as decentralized as possible. Otherwise, there would be a conflict of interest as the founder/creator of the project would be directly involved in it. The Ripple company should consider this if it wants XRP to succeed in the long run. But not willing to "let it go", tells us that it's all about greed than anything else. Let's wait and see what happens with XRP in the long run as the government enforces regulatory measures against the crypto/Blockchain industry. With XRP's centralized model, I'd imagine it'll die in the long run. Just my thoughts ;D


Title: Re: Ripple is dying
Post by: ReliabilityAlert222 on February 23, 2021, 06:37:13 PM
I think they will survive this time, but it will be disaster for Ripple. Yeah it is definite that XRP team wont let it die but XRP needs to pay a rich amount to get back in the game again. A panic will spread through the CMC and many investor will sell their coins in no time and that will cause a huge price drop but i think XRP is going to recover in a long run there are lots of evidence in front of us in this crypto space .


Title: Re: Ripple is dying
Post by: Dutchyyy on February 23, 2021, 08:45:22 PM
A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

The company's ongoing legal battle with the US Securities and Exchange Commission (SEC) and worsening forecasts for Ripple are already affecting the company - the publicly traded money transfer company MoneyGram announced on Monday that it is suspending the use of Ripple's payment decision. This was done by a number of other companies in the crypto space that stopped or stopped XRP-related activities altogether.


Title: Re: Ripple is dying
Post by: MCobian on February 23, 2021, 09:01:30 PM
I see Ripple has a strong development team, and is also supported by a fairly solid community. So until now Ripple still survives, despite being
in pretty serious trouble with the SEC. So I thought Ripple wouldn't die, even though Ripple had to struggle quite hard this year to face
the various problems that came its way. Especially if Ripple is able to prove in court that it's innocent, then Ripple's price will go up.


Title: Re: Ripple is dying
Post by: cfif on February 23, 2021, 09:34:43 PM
I see Ripple has a strong development team, and is also supported by a fairly solid community. So until now Ripple still survives, despite being
in pretty serious trouble with the SEC. So I thought Ripple wouldn't die, even though Ripple had to struggle quite hard this year to face
the various problems that came its way. Especially if Ripple is able to prove in court that it's innocent, then Ripple's price will go up.

I believe, that is their strength here. There are so many players relying on XRP, the reason why this coin is still surviving despite the existing trouble with SEC. If this coin is just small, it has long been abandoned by its supporters. But still they are fighting in the market. It seems the XRP team can win the battle with SEC but more than likely, there will be settlement that may happen here. I don't think ripple will die this easy.

Ofcourse not. I mean SEC requirements demonstrates a full adoption of Ripple to real banks sector. The requirements it is just a regulation into the legal field.


Title: Re: Ripple is dying
Post by: DarkDays on February 23, 2021, 10:18:32 PM
I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.
XRP has surprised me ever since the law suit where I sold all of mine. Its strong community managed to pump that coin several times and it has been doing great among the top cryptos.

This goes to show how important having a strong and cooperative community can do. To be fair, it still hasn't persuaded me to buy XRP but there are plenty of people who I know went with the flow.


Title: Re: Ripple is dying
Post by: Ridwan Fauzi on February 23, 2021, 10:33:45 PM
This coin has been on my list for the coin that I should be avoid to trade or invest. Yeah, the first problem came when SEC was accusing them and made XRP price dumped a lot two months ago, how you imagine the dumped price was from $0.8 to less than $0.2 just in one week if I'm not mistaken.

But, the miracle was happening, its price movement was coming back even can touched its previous all time high $0.8. How this has happened? A coin that still has a bad news and has dumped suddencly increase a lot. This is why have made many people think that XRP is fully centralized, the bag holder will sell their coin and buy again when its price is already low.


Title: Re: Ripple is dying
Post by: Yamifoud on February 23, 2021, 10:49:58 PM
I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.
XRP has surprised me ever since the law suit where I sold all of mine. Its strong community managed to pump that coin several times and it has been doing great among the top cryptos.

This goes to show how important having a strong and cooperative community can do. To be fair, it still hasn't persuaded me to buy XRP but there are plenty of people who I know went with the flow.
yeah, it keeps XRP recovering slowly after the huge dump. Ther are not winning the case already but a good thing is that it gains its price again and I believe this was because there are still a lot of people supporting this coin.
But as it was a centralized coin, it is hard to see that it makes another ATH as they have done last 2017. Anyways, from what we saw now, I think it was good enough to know that XRP is not a dead coin.


Title: Re: Ripple is dying
Post by: Abiky on February 25, 2021, 08:56:09 PM
This coin has been on my list for the coin that I should be avoid to trade or invest. Yeah, the first problem came when SEC was accusing them and made XRP price dumped a lot two months ago, how you imagine the dumped price was from $0.8 to less than $0.2 just in one week if I'm not mistaken.

But, the miracle was happening, its price movement was coming back even can touched its previous all time high $0.8. How this has happened? A coin that still has a bad news and has dumped suddencly increase a lot. This is why have made many people think that XRP is fully centralized, the bag holder will sell their coin and buy again when its price is already low.

The centralized design of XRP should be more than enough for many people to avoid investing in it. Yet, most people don't care about this as long as they're able to fill their pockets with money. As a serious long-term investment, I'd avoid XRP at all costs. It's only good for short-term trades, and micropayments. The SEC lawsuit will have devastating effects over XRP's reputation in the mainstream world, if the company doesn't reach an agreement. Right now, many exchanges de-listing XRP from their platforms. If this keeps up, XRP's price will sink deeper until it becomes a worthless coin.

At least, there are better alternatives that are decentralized and work well as a settlement layer for micropayments. One good example of this is Stellar. I'd prefer to invest in Stellar Lumens (XLM) than Ripple's XRP because it's decentralized and backed by the community. Technically-speaking, the Stellar network resembles the XRP Ledger in every way. The only difference is that Stellar focuses on decentralization while XRP focuses on centralization. Who knows what the future will bring to XRP as people begin to witness the negative effects of centralization? It may turn out that XRP will fade into oblivion, while decentralized cryptocurrencies such as Stellar, Bitcoin, and Ethereum survive for many generations. Just my opinion :)