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Author Topic: Ripple Is Not A Cryptocurrency?  (Read 541 times)
Kayuslawal
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July 23, 2018, 12:24:48 PM
 #21

Its always takes time for xrp to take up, it's a crypto currency, the centralized it was making people see it as not a crypto currency.
CripplesPlazma
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July 23, 2018, 03:41:12 PM
 #22

This is really matter of concern But I think, XRP is not going to be ruined at all. May be the price has decreased significantly, still there is chance of growth in XRP. Obviously, it would not be wise to compare XRP with BTC.
cryptojohnn7
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July 23, 2018, 04:01:36 PM
 #23

As far as i know ripple is a good coin and it’s also a crypto currency. But in recent time their price falls down and other crypto currency like bitcoin and ethereum both performance are above from ripple.
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July 23, 2018, 04:04:14 PM
 #24

Perhaps, because of the amount of coin released due to the control of the DEV team. The nature of the digital money market is decentralized. If such an alcoin is so constrained, it is difficult to decentralize
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July 23, 2018, 04:07:39 PM
 #25

Yes, of course, have the right to assume that xrp is not a cryptocurrency and securities. There are a lot of different opinions on this issue,and the camp is divided into those who think that xrp is securities and those who firmly believe that it is a cryptocurrency .Do you think?
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July 23, 2018, 04:15:31 PM
 #26

yes as per the expert view they claim that ripple is not cryptocurrency,  and it is partly true ripple is not cryoto but it definitely related to crypto it also used at the bank sector , Riple is basically use as the trading element it is use at both sector banks and crypto, ripple is still not that much active or popular among the crypto users
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July 23, 2018, 05:35:08 PM
 #27

Everyone says that Ripple is not a real cryptocurrency cause it doesn't follows the basic rule of cryptocurrencies being decentralized. Ripple has most of its supply locked up and controlled by its creators who inflate the prices by controlling the supply. Also blockchain can turn out to be a bad tech for centralized currencies.

 
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itsik78
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July 23, 2018, 05:58:50 PM
 #28

I believe that Ripple is a full-fledged crypto currency, of course there is a difference with Bitcoin, since it does not use traditional block-system and Ripple itself was created as an alternative method of calculation for the banking system. But this does not preclude the possibility of making calculations between themselves
akosijue
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July 23, 2018, 06:08:46 PM
 #29

It's not gonna be in the top cryptocurrency if it's "not a cryptocurrency" though so yeah, I disagree with this because the project did succeed in what they had promised and it now and still has real-world case uses that many projects haven't done even after their own ICOs. Many holders of the coin believe this even if I'm not, I see no bad going on about Ripple, the total supply though is downright very large but they have their reasons and its very reasonable if you do the research so yeah. Maybe I'm a bit overthinking about this.
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July 23, 2018, 06:10:45 PM
 #30

Well it is a cryptocurrency but it is also everything what cyrptocurrency aims for.

It is anti-crytpo. But still a crypto. I never buy that.

CryptoRama
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July 23, 2018, 06:36:41 PM
 #31

Yes XRP is not cryptocurrency and it's not decentralized either, because it's not a cryptocurrency, so they can print many more out of thin air. To answer some of you, some negative stuff on media about ripple? I mean no shit,  even using xrp is cancer. I finded it hard for using their wallet/coin or whatever it is. Not to mention media that teach people how to buy ripple very high and sell it very low, mmm, nice tv reporting very much.

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Kamidzy7
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July 23, 2018, 06:40:44 PM
 #32

Who told you such nonsense? it is still so cryptocurrency and and very strong, I think so in 2020, it will cost money standards, as exchanges between banks, and in General the sector of banks wants to tie

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Classica35
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July 23, 2018, 09:01:41 PM
 #33

Although, ripple operates a s a centralized coin, which is contrary to one of the rules of crypto. There have also been lots of controversies on this, but one thing i know is that, it is based on individual's choice and perception. Most investors are only concerned about the profit they would make, and not the nature of that coin.
lositech
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July 23, 2018, 09:17:21 PM
 #34

ripple as far as i know is a centralized platform and most people don't regard it as a decentralized and blockchain project. I have some ripple but i am not holding it for a long term.
sergiom
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July 23, 2018, 09:29:03 PM
 #35

Ripple is trading at $0.48, following the loss of 6% on the daily basis. One expert alerts that Ripple is “not a cryptocurrency” and could skip the regulation that propels Bitcoin & Ethereum on to the better things.

https://coinpedia.org/news/ripple-is-not-cryptocurrency/
I have heard many of negative reviews on Ripple last days, but what I can say that you are still able to earn money from investing in it, so in my humble opinion you should not be concerned so much about ripple being a currency or not.
blockman
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July 23, 2018, 09:44:56 PM
 #36

That's true, Ripple isn't really a cryptocurrency.

It's only riding the popularity of crypto's to start its own business through entire adoption of different bankers.

I have heard many of negative reviews on Ripple last days, but what I can say that you are still able to earn money from investing in it, so in my humble opinion you should not be concerned so much about ripple being a currency or not.
Yes you are earning money from investing on it but it's different if you are a real crypto supporter, you won't support a centralized coin.
rmapower
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July 23, 2018, 09:53:00 PM
 #37

There's a notable difference between digital currencies like bitcoin and ripple's XRP tokens. Bitcoin is the actual currency being traded and used, whereas XRP tokens are essentially backed by traditional currencies, as if they're dollars or yen in another form.

While bitcoin and most other cryptocurrencies like Ethereum exist for the simple purpose of existing as digital money, ripple was born as a solution to the global problem of transferring money from one country to another. It can take days to do this. As Ripple Labs CEO Brad Garlinghouse likes to say, the fastest way to transfer money from the U.S. to London is to get on plane and fly it over there (presumably as a carry-on).
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July 23, 2018, 09:53:32 PM
 #38

Mining is the processing of transactions in the digital currency system, in which the records of current bitcoin transactions, known as a block, are added to the record of past transactions, known as the blockchain.

Ripple’s setup has no miners, as all 100billion coins were created when the network launched in 2012. The creators kept 20bn for themselves and gave the rest to the company in charge of Ripple, called Ripple Labs.
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July 23, 2018, 10:04:59 PM
 #39

Ripple coin is a name that is very much mentioned in the beginning of 2017. The ripple is one of the crypto ripple concentrators that focus on providing Blockchain computing technology to banks with global trading needs.
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July 23, 2018, 11:36:29 PM
 #40

According to me, ripple is not a real coin. In my opinion, a coin can be a real coin if it is a decentralized coin. But ripple has not this feature and this situation is not giving trust to me. I think it can not liked by the real traders in the markets.

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