cryptorTUX
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June 03, 2018, 05:44:08 PM |
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In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.
Trust me mate this is not the number one issue and problem that we can have with ripple. A side from them owing a lot of coins the main issue in my mind comes as a result of their blockchain not being decentralized because their blockchain is centralized. Which reflects that we must trust the central authority on their blockchain. Why go for something like this? When you have bitcoin and many others out there where anybody can take part in mining or any other small game they have in order to validate the transactions. I don't know either why people seem to trust ripple much but we see that they do by it's price.
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seven2smoke1
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June 03, 2018, 05:59:14 PM |
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In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.
Maybe it is risky because of the large supply, ripple had the largest supply in the market, but I think ripple is too strong altcoin, many people believe in it and recently I heard some good news from the founder of xrp, which it said that ripple will be supported by a lot of companies in the near future, so maybe it will increase but I don't think it will reach more than 10$ at the end of this year.
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hasmukh_rawal
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June 03, 2018, 06:14:28 PM |
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Just because of the simple fact that I don't like it . I started my first investment with Ripple and ended up in a loss. Though it was not such a big loss, it was my first trading experience. I know somewhere the fault was mine because I sold it in a loss which I shouldn't had. Apart form that , XRP crossed $1 just once when the price of BTC went to moon of 19x times. After the rally was over , the prices slashed down and XRP came below $1 again. Since then it never crossed $1 again. The scope to get a good return from XRP is too less in my opinion.
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Papilio
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June 03, 2018, 06:18:07 PM |
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Ripple forecast for 2018 is a continuation of growth. According to the experts of the market, the value of Ripple next year will easily reach 6,0000 and 10,0000, and this is not the limit of growth!
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leviathon
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June 03, 2018, 06:25:35 PM |
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First think of what makes the blockchain technology relevant? Its the decentralization that makes it useful, without it one can just use SQL databases. And Ripple doesn't adheres to that decentralization rule and is controlled centrally. Most of its supply is also locked up and the coin is overpriced due to it.
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Pa1n
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June 03, 2018, 06:28:44 PM |
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People hesitate with that opinion.Ripple is not too much strong or trustable coin.Some people like ripple and invest but generally ripple need more time .
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defoman
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June 03, 2018, 06:32:26 PM |
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Hello there,
I am new at this topics, many of my friends said that ripple is the worst cryptocurrency, because don't represent the spirit of a cryptocurrency has to be.
May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.
please, all the help will be appreciate because i want really learn all about crypto.
Many are skeptical about XRP, as it is a centralized cryptocurrency. But the main problem lies in the fact that it has virtually no application. The company is taking steps in this direction and everything can change in the future. So if this is the only project you want to bet on, then this is a mistake. But if you're building a balanced cryptocurrency portfolio, then XRP should be a must-have.
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3DBrushes
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June 03, 2018, 06:34:50 PM |
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Many people don't invest in ripple because it is a bankers coin I do invest in ripple because even trading ripple can increase your Bitcoin or ethereum leaving all the hate it has.
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HadadC
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June 03, 2018, 06:36:10 PM |
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Ripple has no potential in this year.So, people cant close to Ripple too much.But maybe next year , they 'll rise again.Lets see
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CryptoEnthusiastNL
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June 03, 2018, 06:37:12 PM |
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In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.
Trust me mate this is not the number one issue and problem that we can have with ripple. A side from them owing a lot of coins the main issue in my mind comes as a result of their blockchain not being decentralized because their blockchain is centralized. Which reflects that we must trust the central authority on their blockchain. Why go for something like this? When you have bitcoin and many others out there where anybody can take part in mining or any other small game they have in order to validate the transactions. I don't know either why people seem to trust ripple much but we see that they do by it's price. Indeed, Ripple does not decentralize anything and guess what - most banks are using the technology of Ripple.... that's one of the players why we even started with this whole decentralization.
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Master Third
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June 03, 2018, 06:37:16 PM |
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you know the very reason why some do not like ripple because its centralized. But for me that doesn't matter as long as i can make money in it by investment. Investing on ripple is a good opportunity because it is centralized and youcanbesure that it will last for the long run because of the support from centralized system.
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SHAWN-MIDWAYS
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June 03, 2018, 06:37:34 PM |
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Ripple is a centralised currency ran pretty much by banks. One of the key features of bitcoin was to avoid this and to make it easy to send money without high fees. However, it seems that it is growing well, and I believe it was also on Ellen’s show which I assume would have affected the price.
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TwisterPipister
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June 03, 2018, 06:41:49 PM |
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Hello there,
I am new at this topics, many of my friends said that ripple is the worst cryptocurrency, because don't represent the spirit of a cryptocurrency has to be.
May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.
please, all the help will be appreciate because i want really learn all about crypto.
Ripple has an excellent technology, but I do not understand why banks should buy the coin, it seems to me insane, the bank must go to the exchange, buy Ripple in order to transfer it to another bank, its price is changing every minute.
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Nisharawal
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I am no stable coin. to the mooonn.. and back
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June 03, 2018, 06:46:23 PM |
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Hello there,
I am new at this topics, many of my friends said that ripple is the worst cryptocurrency, because don't represent the spirit of a cryptocurrency has to be.
May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.
please, all the help will be appreciate because i want really learn all about crypto.
Ripple is the Cryptocoin which is supporting the banking system and this is the reason ripple which is against the concept of cryptocurrencies like Bitcoin and this is the major reason some people fear to invest in Ripple. Supporting the Banking platform also support the government views and if for any reason government brings any kind of rules and regulations in cryptomarket here in my country then Ripple has the high chances of getting selected as major cryptocurrency against the BTC. But ripple has strong and good future for upcoming months.
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Uderlord
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June 03, 2018, 06:53:35 PM |
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Ripple is a centralized crypto currency is basically created for banks.This feature really don't like cryptofauna community,but clearly like large investors including banks.
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Rocketiy
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June 03, 2018, 06:54:06 PM |
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No, you don't want to listen to your friends. Believe me. XRP is a very valuable currency. Although he is centered, but because it is more valuable. You have to believe in the strength of governments and banks.
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MrDom2
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June 03, 2018, 06:57:46 PM |
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CryptoEnthusiastNL
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June 03, 2018, 07:02:55 PM |
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Ripple is a centralised currency ran pretty much by banks. One of the key features of bitcoin was to avoid this and to make it easy to send money without high fees. However, it seems that it is growing well, and I believe it was also on Ellen’s show which I assume would have affected the price.
Totally agreed!
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Hui8
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June 03, 2018, 07:08:10 PM |
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Who says people dont invest into the ripple? People does make that move but the case is that they dont do it for the long terms. People always put Tehri money into the ripple for short term and whenever they get the profits then they tend to sell it immediately. As it is volatile currency and being centralised one it doesn't guarantee you very big hikes unless and until they decide to do so. Due to heavy emission of the XRP it is always impossible to achieve high rates and thus no chance of profiting. Better to use it for quick profit and let go.
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APICEMTECH
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June 03, 2018, 07:08:21 PM |
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I would not invest in ripple for the reason that its centralized. Crypto was introduced to the world by satoshi to take power from the hands of all these centralized organization(banks), and here we have ripply to exactly the opposite. Its disrespectful to satoshi if we buy and use ripple.
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