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ongels
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January 02, 2018, 09:25:07 AM |
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All alt-coins are profitable, If you have capital then everything works according to your plans, People are buying not only ripple, there are plenty of those who seems have much potential to grow, Like Iota,Monero, Dash, and Etherium, Investments are really good as long you earn a good profit from it:)
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sparg
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January 02, 2018, 09:31:09 AM |
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I think that people, and especially newbies are into ripple because it is cheap to buy one coin and they whant to see a lot of coins in they`re wallet, eventually they are hopping to catch the next bitcoin  ). It is pshilogical thing and it is catching up with those who believe they will become millionaire. The second thing is that the banks started this artificial pump and newbies joined in making a few bucks but when it will drop it will drop hard on them and it will hurt. |
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kier010
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January 02, 2018, 09:39:43 AM |
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investor want to make profit so they buy and hope it would pump. we have many reasons why we have here and one is to earn and profit. they see ripple go up so they go with it.
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anshk
Newbie
 Offline
Activity: 56
Merit: 0
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January 02, 2018, 09:42:36 AM |
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Ripple are the banking systems and we all hate banks here so only the bank lovers will buy ripple and hold ripple. It's okay to speculate the price and other things but I wouldn't keep ripple anyway.
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msuheb
Jr. Member
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Activity: 136
Merit: 5
Einc : An Ethereum Fork
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January 02, 2018, 09:47:32 AM |
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banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?
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ulhaq (OP)
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January 03, 2018, 06:06:18 AM |
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banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?
I don't think banks are buying XRP. Which banks are buying it? Ripple (company) can do inter-bank transfers without either bank buying XRP. |
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waqasniaz007
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January 03, 2018, 06:09:25 AM |
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To get profit when it increases further more. I guess it will pump more in coming months.
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okour999
Member
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Activity: 393
Merit: 10
Decentralized Gaming Platform - Play & Earn $
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January 03, 2018, 06:40:02 AM |
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because the price rises so many buyers in the ripple but as more and more invest in it the price will be higher, because once in the day it hits the ethereum So ripple coin is rising.
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RampageSniper
Newbie
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Activity: 50
Merit: 0
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January 03, 2018, 06:44:25 AM |
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- it is explicitly (or at least formerly) not considered a currency
- it is centralized (the company can freeze accounts if it wants, create more coins, or be sued)
- it's major use case is for inter-bank transfers. So if Bank A and Bank B was to exchange currency x for y, they will use XRP in-between. But this gives no value to the currency itself, it is just used as an intermediary. Is it conceivable that Ripple the company will not have enough XRP for these internal bank transfers and they are going to have to buy them back from the public??
So it seems that XRP has no value outside its use by the company Ripple. Is anyone actually using it for commerce or any other reason? It is not considered a store of value like bitcoin (in any case one would want something decentralized. You have point but it doesn't mean that XRP will not give you profit all. The most common reason why many are investing for such project is the return of their investment but it doesn't that they will surely get a return. So the wiser investor will likely to stay out in this kind of project. |
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r.bhalla07
Member
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Activity: 546
Merit: 10
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January 03, 2018, 07:42:43 AM |
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I think the most common reason is the return of their investment and that they will surely get a return.
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Maren
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January 03, 2018, 07:52:12 AM |
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banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?
Institutional investors can get Ripple directly from the company. So no bank ever is buying Ripple on the market, check how much XRP is reserved to be sold to banks and start panicking. The recent pump is for no reason at all, just Koreans pillng in. |
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Acguy
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January 03, 2018, 08:00:37 AM |
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Most people bought it because they think it's cheap but it's not.
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CryptoAnnie
Member
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Activity: 74
Merit: 10
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January 03, 2018, 04:59:20 PM |
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In crytocurruncies ripple has already made a name for itself. Ripple is a long term investment for future if you are serious about making money ripple is a good option.
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m9shn9sh
Member
Offline
Activity: 182
Merit: 10
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January 03, 2018, 06:16:55 PM |
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When everyone has already seen that you can make money on growth, it means that there is already nothing to do. Because those who have made this growth, already go out or just come out.
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ferrybitcoin.1996
Full Member
Offline
Activity: 294
Merit: 119
For Bounty Hunters, Don't Cheat or You DIE!!
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January 03, 2018, 06:20:36 PM |
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Their main reason is Bankery. I heard many banker using Ripple system
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Cointribute
Member
Offline
Activity: 98
Merit: 10
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January 03, 2018, 06:23:42 PM |
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- it is explicitly (or at least formerly) not considered a currency
- it is centralized (the company can freeze accounts if it wants, create more coins, or be sued)
- it's major use case is for inter-bank transfers. So if Bank A and Bank B was to exchange currency x for y, they will use XRP in-between. But this gives no value to the currency itself, it is just used as an intermediary. Is it conceivable that Ripple the company will not have enough XRP for these internal bank transfers and they are going to have to buy them back from the public??
So it seems that XRP has no value outside its use by the company Ripple. Is anyone actually using it for commerce or any other reason? It is not considered a store of value like bitcoin (in any case one would want something decentralized. [/quote I think more like hype and excitement |
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SNAPCALLHERO
Member
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Activity: 115
Merit: 10
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January 03, 2018, 07:42:51 PM |
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XRP is really a nice coin which were released by a good corporation. they have created a potential technology which can used in international payment at the banks. So, there is a bright future for XRP. You also should invest in it now to get profit in the future.
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Frank76
Member
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Activity: 490
Merit: 10
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January 03, 2018, 08:03:31 PM |
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A lot of people buy Ripple, because they want to become rich. It is really true |
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swaptaker
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January 03, 2018, 08:05:17 PM |
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banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?
I don't think banks are buying XRP. Which banks are buying it? Ripple (company) can do inter-bank transfers without either bank buying XRP. Banks never buy such coins. Most of the ripple buyers of the present time are the ripple haters of the past. I can't uderstand their behaviour really. They were saying ripple was the worst thing ever, then they decided to buy and trade ripple on exchange websites. |
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Chokolo
Jr. Member
Offline
Activity: 168
Merit: 1
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January 03, 2018, 08:06:48 PM |
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banks are buying XRP... higher demand, higher the value of the XRP Tokens... So how does the XRP token has no value (according to u)?
I don't think banks are buying XRP. Which banks are buying it? Ripple (company) can do inter-bank transfers without either bank buying XRP. Banks never buy such coins. Most of the ripple buyers of the present time are the ripple haters of the past. I can't uderstand their behaviour really. They were saying ripple was the worst thing ever, then they decided to buy and trade ripple on exchange websites. Because they know deep inside that Ripple is awesome and will be the biggest coin of 2018  |
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