Ripple and XRP are partnering with many banks, why does the price keep falling.

[invest2lose]

because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.

The focus here for these banks isn't the token but the blockchain technology. Ripple in my opinion is technically centralized and currently artificial and its value is driven by Ripple Lab news.. and Ripple lab does not put any onus on its clients to use the XRP token. So that begs the question, what is the real value of XRP??

nothing really!
XRP is a centralized token which is not even like other centralized altcoins. it is worse because the owners from Ripple Labs can simply take your money away from you as they did this once before!
like many other altcoins this is also a pure pump and dump thing which people make money from its pumps. that is all!

hey look i found the retard. please just go back to your shitcoin forum.

[Makkara]

because Ripple =/= XRP

whenever you hear a news about some partnership between some company, banks, corporation,... and a cryptocurrency (in this case ripple) all they care about is the technology that they are using.

in this case these banks are interested in the blockchain technology and how Ripple is doing stuff so that they can make their own centralized system based on it.

fake news like this can shortly pump these altcoins but not every time and specially not when they are already in a big bubble and are getting dumped hard.

The focus here for these banks isn't the token but the blockchain technology. Ripple in my opinion is technically centralized and currently artificial and its value is driven by Ripple Lab news.. and Ripple lab does not put any onus on its clients to use the XRP token. So that begs the question, what is the real value of XRP??

nothing really!
XRP is a centralized token which is not even like other centralized altcoins. it is worse because the owners from Ripple Labs can simply take your money away from you as they did this once before!
like many other altcoins this is also a pure pump and dump thing which people make money from its pumps. that is all!

hey look i found the retard. please just go back to your shitcoin forum.

please forgive them because they have no clue what they are talking about 

[arsics]

People are shortsighted and are not able to understand what Ripple is trying to do and how well their plan is progressing.

Price went up wildly because of a stupid Coinbase rumor, and a lot of people bought high. Today, the people who bought at 3+$ have the same choice as the people who bought bitkoin at 1000+$ in 2014 - if they are patient they will see massive gains, if they are not they can take their loss and move on.

Banks and FIs are joining in waves, and yes, at first most will use xCurrent. But the transition to xRapid will come soon, and so will other usecases based on the advantages of a fast crypto, cheap fees & great liquidity. Smart people will not miss out, a lot of money is to be made.

[bosimpson54]

Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause??

Market volatility is supposed to be an elusive thing in the field, although the ripple and other coordinates with the banks, because of the current supply of coins is lower than I initially thought. This makes the girl continue to fall for weeks.

[lekam0213]

Very terrific happening in the market, no one can predict for the pump even if we say they are partnering with many bank still the crytos are very volatile.

[kul0n]

Ripple has a very large coin emission  and, for an impressive increase in its price, large monetary injections are needed, besides, the coin is very volatile, and I think this partially repels the banks

[invest2lose]

Ripple has a very large coin emission  and, for an impressive increase in its price, large monetary injections are needed, besides, the coin is very volatile, and I think this partially repels the banks

banks are subject to xrp's volatility for 3 seconds. do some research retard.

[Yuuto]

Ripple is actually being used over 100 companies all over the world far better than most cryptocurrency adoption by companies, some of which are using it for pilot testing and some of them have already adopted it.
Their tokens are meant to be like a vehicle for online money transportation through the RippleNet which connects banks, payment providers, digital asset exchanges and corporates but still yet in the past two years the price as not been impressive as it ought to be what can really be the cause??

What do you mean in the last two years price has not been impressive?

Ripple has literally risen from 0.006 USD around two years ago to what has been its all time high of over $3. Even with the corrections happening right now the price is still a respectable $0.66. XRP has been one of the best investments so far for investors for the exact reason it's got so many banks as its partner.

However, I don't believe in the long term of XRP simply because of the fact that we're moving away from centralization and XRP is one of the most centralized coins that is out there. Though as long as there are new partners, there will be hype surrounding it.

[European Central Bank]

banks are subject to xrp's volatility for 3 seconds. do some research retard.

times that 3 seconds by billions of transactions per year and you wind up with a vast, completely unnecessary and totally avoidable bill.

i've said it once, i'll say it again. no institution will expose the necessities of their core operations to any market, let alone one as crappy and warped as the alt market. there is no need.

[kul0n]

banks are subject to xrp's volatility for 3 seconds. do some research retard.

Perhaps this is a risk for 3 seconds, but this is a risk, especially if you conduct a large number of transactions, this risk increases. Why this risk for banks? In addition, banks are successful functioning and without ripple