If #Ripple becomes number 1, then????

[Ru1016]

can someone please explain in what ways ripple is kind of a centralized scam?

i have a vague, high-level understanding of it and tend to agree that it is not good for the space (ie banks taking back control, against the spirit of crypto, etc) but is there anyone out there who can articulate clearly why ripple mooning is bad?

[1715624414]

1715624414

[DragonCoinZ]

Dont worry people. Ripple will be any time at his climax. After that it will come a huge dump and the value of this coin will be lost faster than it rises. So everbody who is invested in ripple, just be aware and make you ready to sell your coins.

[modtakels]

If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!

Thats true it will happen if the XRP will replace BTC,thats funny how people still supports XRP knowing it is a centralized coin and it can destroy our whole community.

[Danica22]

If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!

Absolutely not!  it can't be surpass the market cap of bitcoin and ripple is not yet ready for mass adoption and overall it is a centralized.

I thought there's a manipulation of price of xrp, this is my own opinion.

[gin113]

then you will see a huge crash

[matjas]

If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!

I doubt it will become number one. I actually expect to fall on the third place in the flowing weeks since ethereum is closing in fast. I think most of us are rooting for ETH anyways.

[GFE]

For me it will be ok - success of Ripple is the next step of criptocurrency world success at all. So I think it will be good

[munareal]

The probability of ripple becoming number one is 0.5. It can became or can not become number one . The bottom line is that ripple is being accepted in the crypto world.Remember it is being rank number 2. I think it will create a serious competition to bitcoin for it has many advantages over bitcoin.

[modtakels]

That would be the end of decentralization of cryptocurrencies,BTC needs to be at the top and not a centralized coin like XRP.

[gracer88]

I think that xrp will not be a coin number 1. Bitcoin will retain its leading position. It seems to me, that the price for a ripple is growing because of the release of positive news. And then there will be an expected correction.

[chocopapaya]

Honestly, if Ripple becomes #1, I see that as a good thing.

It will create a "boogeyman" for which to fight against, a common enemy.
Might sound a little cheesy, but that is what the original btc community was rallied around (and also a bunch of techie geeks who were bored).

This will really help to show the value of decentralized currency and tech.
While a vast majority of people will be caught up in the centralized system slaving away, people will naturally gravitate towards the decentralized platforms.

Blockchain is here to stay.  And how we use it, is entirely up to us.  With so many options and projects, there is no way that ripple becoming #1 will signal that "the man" has won.

It's been said before, but this is where open platforms like eth, neo and waves will become more important than before.
On top of that, privacy coins will become much more valuable.
Not just in price but in usage also.

[easytipz]

If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!

Total agree with you.
I sold out all my XRP at 0.5$ ( I bought at around $0.2)

[sylance]

One month ago I would have laughed at the concept.  I remember when ETH was the new king and everyone was talking of the 'flippening.'  In fact, there were/are websites dedicated to the concept.  Then came the short lived BCH flippening.  And now it's XRP.  But... I actually do believe it could happen with XRP and if it does I don't know what will happen.  Most exchanges base their primary trading pair as BTC, what would happen if BCT isn't the number one coin?  Will the larger crypto community embrace a coin that's centralized and closed source?  Will banks dump more coin to cash in profit?  Crazy times... the life of crypto.

Flippening: http://blog.flippening.watch/what-is-the-flippening/

[tk808]

crypto will die a slow and painful death

[NotANoCoiner]

Then I will loose my faith to crypto community

[real eyes realize]

I think ripple's chance to be number one is so low. Although its price is giving hope for the future, for now, it is almost impossible to be number one coin for ripple.

[t3hpwnographer]

My friend asked me to invest in XRP for him a couple weeks ago and I did it for him with a word of caution... and now his investment is growing faster than mine  

I guess I just don't see the appeal of Ripple other than the FOMO. There's no official wallet so you're always trusting some third party with your XRP, the supply can be increased by up to 60 billion (or more if they decide to go above their initial 1 trillion limit) at any time, it is completely controlled by one corporation and not decentralized so it could disappear instantly, it's not spendable so the only reason people are buying it is to get more BTC... the list just goes on and on.

[adzino]

If ripple becomes the top currency then it will just surpass the market cap of bitcoin. Nothing much. Its not like it will destroy other crypto currency. Its not possible by ripple alone. And bitcoin will also rise in value before this even happens. The price has been around 14k-15k  USD for a while.

[dzkrb1966]

Initially, Ripples were conceived as a coin with the fastest transactions and minimum commission. I think that with the growth of its value, everything will soon change. Anyone in the know? What kind of coin can I use instead of Ripple with the same functions?

[rippar]

If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!

If we believe in decentralization, we need to keep cryptocurrency to the last. Ripple especially is pamping now with huge money in order to press bitcoin. Fucking ripple, your real value is 0.2 - 0.4$ per XRP!