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Author Topic: Why is ripple bad/corrupt?  (Read 350 times)
muhdatha
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February 18, 2018, 08:39:12 PM
 #41

Ripple (XRP) is a centralized coin so it can be easily manipulated by the banks :/

May be you mean "by  the developers"? As I know banks doesn't store Ripple as deposit Smiley
But you're right when somebody have most part of stoks/tokens/XRP he (they) can make his own 'game'.

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February 18, 2018, 08:44:26 PM
 #42

In fact, Ripple could be a good coin if it had not been centralized. I don't like XRP just because it's too centralized right now. It has excellent functionality and it is already being tested by many world banks! This is good, but it can not be called cryptocurrency now.... IMHO

ripple will always become centralized cryptocurrency and as i know, the banks interested with ripple because this ripple is centralized
so, in my opinion nothing special with ripple

muhdatha
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February 18, 2018, 08:50:21 PM
 #43

In fact, Ripple could be a good coin if it had not been centralized. I don't like XRP just because it's too centralized right now. It has excellent functionality and it is already being tested by many world banks! This is good, but it can not be called cryptocurrency now.... IMHO

ripple will always become centralized cryptocurrency and as i know, the banks interested with ripple because this ripple is centralized
so, in my opinion nothing special with ripple
I'm just making a wild guess here, so correct me if I'm wrong. Smiley
Thats right but there is a difference between XRP and Ripple system.
Banks interested in Ripple net but not in XRP

maereglapo
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February 18, 2018, 08:52:09 PM
 #44

People hate the banking system and centralization that is why most of the people choose cryptocurrencies,that is why XRP is being hated so much because the bankers who created XRP adopted the banking system to XRP's structural system,so it will be more centralized than any coin in the market plus the supply is pre mined not unlike other coins that you need to mine using rigs.,centralization was the main problem but XRP has been kissing the banker's ass that is why most of the people wont and will never support this coin.
makulo123
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February 18, 2018, 08:56:25 PM
 #45

Ripple has been one of the most promising projects for centralized banks since its inception. Since Ripple has been the first bridge connecting banks and crypto, it is the only way banks will accept cryptocurrencies through. Just keep hodling XRP, it was a good investment you've made, trust me.
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February 18, 2018, 09:03:40 PM
 #46

ripple project has become stronger in recent times by providing a lot of deals.
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February 18, 2018, 09:05:12 PM
 #47

Ripples are undercontrolled of whales and sharks. The valuation of it increasing or decreasing always cause of whales and sharks.
There nothing nature such as big supplies or big demands at all like other normal coins. That's why Ripples are really bad and could be presented for corruptions.
mrproblem
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February 18, 2018, 09:07:47 PM
 #48

In fact, Ripple could be a good coin if it had not been centralized. I don't like XRP just because it's too centralized right now. It has excellent functionality and it is already being tested by many world banks! This is good, but it can not be called cryptocurrency now.... IMHO

ripple will always become centralized cryptocurrency and as i know, the banks interested with ripple because this ripple is centralized
so, in my opinion nothing special with ripple
I'm just making a wild guess here, so correct me if I'm wrong. Smiley
Thats right but there is a difference between XRP and Ripple system.
Banks interested in Ripple net but not in XRP
You are right,
Banks are interested with ripple net so people who bought XRP knows that it has a product
ZaoXhou
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February 18, 2018, 09:09:44 PM
 #49

If you want a centralized coin then why would you use cryptocurrency? You can just use dollars.
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February 18, 2018, 09:14:51 PM
 #50

I don't necessarily agree with the concept or the intent of Ripple.  But if I can make money trading it then I'll do it.  That being said - there are plenty more profitable alts out there to trade.
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February 18, 2018, 09:21:52 PM
 #51

I don't necessarily believe that Ripple is corrupt. But I do think that it draws from the qualities of cryptocurrencies being that they should be decentralised and they set themselves apart from fiat. That said, because it's halfway in between I do think it could draw a lot of attention from people on the edge who for whatever reason are hesitant of the cryptospace which could lead to some good growth.

Virtued
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February 18, 2018, 09:30:26 PM
 #52

It's not corrupt, just not a cryptocurrency.. Very centralized, when you create an address in their wallet, they freeze 20XRP in it forever, so you cannot create another account. It's centralized, owned by banks..

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MemberBerries
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February 18, 2018, 09:42:10 PM
 #53

I cant get enough XRP. I was always doing my own research and look where we at in 2018. People still think its a bad coin and what other shit BUT its actually the only coin with  a usecase.
WesternUnion Moneygram SaudiArabiaCentral MUFG MJF BillGates Google how could they all be that stupid to buy into a "bad"crypto Cheesy
Dont get fooled. Do your research
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February 18, 2018, 09:46:10 PM
 #54

In fact, Ripple could be a good coin if it had not been centralized. I don't like XRP just because it's too centralized right now. It has excellent functionality and it is already being tested by many world banks! This is good, but it can not be called cryptocurrency now.... IMHO

ripple will always become centralized cryptocurrency and as i know, the banks interested with ripple because this ripple is centralized
so, in my opinion nothing special with ripple
It's not caused by the decentralized of ripple but the fact that the majority of bankers only interested on its technology. So many times the majority of bankers are saying about they are only interesting on blockchain technology and they don't even think to add direct crypto payment to the system which means just like add payment that used ripple as the main currency.
Centralized just another negative point to the ripple.

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February 18, 2018, 09:48:03 PM
 #55

I will leave this here so you guys can figure out if its bad or not Wink

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February 18, 2018, 09:52:01 PM
 #56

This here is also a very interesting perspective

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