XRP is the best crypto safe haven?

[niknik1966]

Well, then. After the fall of the coins it is difficult to say which coin can become the gold standard. As it turned out, there are no untouchables.

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[xTz]

I put XRP in same category with PayPal, only now you don't need an account on their website, you need their Wallet, which acts like an account. It is based on internal network of distribution like banks. Wallets are sync'd with their nodes. There are no mining, just a piece of software who generate tokens. To me, eventually some hackers will find vulnerability in the network and will collapse, once happen with 1 crypto tokens company, people will panic and withdraw all funds from other token base centalized systems.
Unlike mining crypto, this have no intrinseque value like bitcoin given by the miners who spend time and energy to produce. This one is generated by 1 software and is centalized in the internal network. It is true that they can put as many nodes as they like to sync wallets. But still they control everything.
Even with these cons, is better alternative to present banking systems, but in the future they can add tax payments fees into system without your consent.

[Yipsdow34]

True, security-wise, I also believe that Bitcoin leads by a mile. Although as a mode of payment, I would still use XRP for micro transactions. I am not putting large amounts of money in my wallet anyway.

[xTz]

True, security-wise, I also believe that Bitcoin leads by a mile. Although as a mode of payment, I would still use XRP for micro transactions. I am not putting large amounts of money in my wallet anyway.

Indeed, i do not want even 1 penny to put there, not because is not safe or afraid to lose money, but because i do not support such a "technology". Most of us here on this forum know how easy is to modify some parameters into bitcoin core and create our own currency at any time. We can remove all the tx fee from core and "voila" we have a coin w/o tx fee that is filtered/pre-mined on a single server or put 2-3 more in different locations and sync them.
If some have power to manipulate masses by agressive marketing like ripple to make people to trust in them, then i won't call it scam or fraud, untill they scam people, like bitconnRect company did. At least ripple doesn't use pyramid scheme to attract more customers, they rise funds into market capital of company to divert attention to the masses. In the end those market caps are their money safe in their accounts, masses of people send their money in ripple's accounts . If they collapse and people lose money on their network, then including their investors like moneygraam should be sent to the court. When they become more transparent on how they secure network and we see any potential vulnerabilities on their network, i cannot trust them.

[kam41]

you seriously think that a coin emitted by one source, not necessary for the functioning of the network, without mining, without a wallet, can be called crypto currency?

[ajiejot]

You cannot tell that. There are some people telling that XRP is centralized. And also I am not a fan of XRP. But I just love XRP because it is very nice marketcap, also xrp has quite good volume and still undervalued now since the price of XRP dropped by around 1$ this week.

[xTz]

I realize that more then 95% from top 100 currencies are not working on similar technology like bitcoin with PoW algo, most of those 95% coins are simple Apps.

[BennyOnions]

I like XRP because it is actually being used.  Many altcoins thrive solely off speculation.  You must realize that during the huge correction that XRP just went through, there was no bad news.  FUD and people wanting to cash out some of their profits caused the price to drop and then the whole market took a dive.  Nothing has changed with the product and there is still plenty of room for adoption and growth. 

[Aneuk cabang]

i believe the riple has big potential in future even i bought with high prices and now drop to the lowest price ever but i still believe in it potential so i still hold it until now hope it will flying again in future.

[Bloodseekers]

In my latest blog I talk about the precarious state of the economy and what investors might turn to for safe-haven assets in a stock sell-off:  https://xrphodor.wordpress.com/2017/09/03/is-xrp-destined-to-be-a-safe-haven-asset/

I believe that investors might strongly consider turning to XRP as the next "gold standard" in crypto safe havens.  

Let me know what you think.  

Twitter: https://twitter.com/Hodor7777/status/904375295578447872

XRP is the best crypto safe haven? Of course not, the system will make us like slaves. Just my oppinion
I dont trust this XRP. centralized coin controlled by bank also your status, cryptocurrency should be decentralized.
Decentralized is system which will help financial for people in this world. There are alot coin better than XRP out there

[Hamphser]

In my latest blog I talk about the precarious state of the economy and what investors might turn to for safe-haven assets in a stock sell-off:  https://xrphodor.wordpress.com/2017/09/03/is-xrp-destined-to-be-a-safe-haven-asset/

I believe that investors might strongly consider turning to XRP as the next "gold standard" in crypto safe havens.  

Let me know what you think.  

Twitter: https://twitter.com/Hodor7777/status/904375295578447872

If you did able to jumped in earlier time then you can really say that you are on safe haven since the price of ripple did rise up which would really give you some serious profits or money but if you did able to buy out on peak prices for sure you would really say the opposite thing. Even on bitcoin we cant say its already a safe haven. From the word itself talking "safe" which is 100% risk free which we know its not possible.

[slaman29]

You cannot tell that. There are some people telling that XRP is centralized. And also I am not a fan of XRP. But I just love XRP because it is very nice marketcap, also xrp has quite good volume and still undervalued now since the price of XRP dropped by around 1$ this week.

Oh and yeah, happy to have bought at the dip. I know it went even below a dollar but I'm very happy to have taken it at just over 1.15. Centralized yes, but have people already forgotten about how centralized ETH was and still is? And look at it grow. Perhaps there is something to be said about corporate greed and centralized leadership. I may not hold Ripple for years, but I suspect even a year can see reasonable gains. And by reasonable I definitely don't mean even more than double! Still a realist here.

[左]

A safe haven would suggest the price holds pretty good when bitcoin for example goes down, the past few weeks proved that's not the case yet.

[xTz]

You cannot tell that. There are some people telling that XRP is centralized. And also I am not a fan of XRP. But I just love XRP because it is very nice marketcap, also xrp has quite good volume and still undervalued now since the price of XRP dropped by around 1$ this week.

Oh and yeah, happy to have bought at the dip. I know it went even below a dollar but I'm very happy to have taken it at just over 1.15. Centralized yes, but have people already forgotten about how centralized ETH was and still is? And look at it grow. Perhaps there is something to be said about corporate greed and centralized leadership. I may not hold Ripple for years, but I suspect even a year can see reasonable gains. And by reasonable I definitely don't mean even more than double! Still a realist here.

I study eth and bitcoin network and i can say bitcoin miners are more centralized then ethereum, at ethereum i get more then 5k confirmations on transactions, bitcoin i cannot even mine it anymore with video cards. Either way, i've noticed banks getting involved more and more, you can see that top 100 currencies are centralized ones.
Seems banks winning the war, it is no doubt that they control all fiat money. After they get enough users to use their tokens, they are gonna put taxation fees for trade, then you realize what you had and what you hold in that near future. All the centralized tokens have nothing to do with blockchain inception.