Is the end near for ripple ?

[Ifemini]

Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple

I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.

But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?

Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??

[1714037511]

1714037511

[1714037511]

1714037511

[1714037511]

1714037511

[1714037511]

1714037511

[Lalafell]

Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple

I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.

But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?

Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??

No one knows what will happen to ripple but we know that ripple are one of the solid coins in coinmarketcap. I also heard that news that JP morgan will create a stable coins that can be used in bank purposes just like what ripple do. I think no banks can ignore ripple.

[semobo]

]Expected thing to happen when it was created so who invested on ripple will worry someday and also it can happen to any cryptos which is created in centralized way so take your time now and move your funds from ripple to others.

[Adhichan]

]Expected thing to happen when it was created so who invested on ripple will worry someday and also it can happen to any cryptos which is created in centralized way so take your time now and move your funds from ripple to others.

ripple investors no need to worry about jp morgan coin.i think it will create healthy competition to other another cryptocurrency.so jp morgan will not create fud anymore about bitcoin especially and another crypto commonly. caused they already create it their own self.

[ðºÞæ]

Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple

I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.

But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?

Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??

No one knows what will happen to ripple but we know that ripple are one of the solid coins in coinmarketcap. I also heard that news that JP morgan will create a stable coins that can be used in bank purposes just like what ripple do. I think no banks can ignore ripple.

What to you talk about? Banks are in the Business of collecting fees not pay them.

The avalanche of no-cost tokens is just starting.
First several countries (Russia, Saudi, Venezuela, Iran, UAE...) then JPM and now Japan IT giant releasing coins.
Every Bank large corporation Facebook, Apple.........will have its own non-mineable coin.
It will even extend to private individuals as status symbol or whatever other reason like attempted money grab.

JPMcoin is not the only coin, IT giants also want a slice of the pie.
GMO Internet, a Japanese IT giant, has revealed that it plans to develop its stablecoin based on yen (JPY).
The stablecoin called GYEN will be released this year
https://www.blockchain24.co/stablecoin-in-japan/ .

Be prepared.




https://twitter.com/sthenc/status/1096140805218004992

To maintain marketcap position currently almost 9 million xrp added to supply, this time last year was 2 Million, average for 2018 5.6 Million.

[BoxerRobert]

It is not end for ripple .Its time for ripple boom there is lot news coming soon .

[Mister1k]

When the time ripple came to the market onwards no one wish to invest this coin. But promotion on various centralized sites, news and etc made Ripple to become bigger in this market. This coin is not a worth to invest your hard earned money.
Simply think wise and go to perfect top 50 cryptocurrencies for making money as a long term investor.

[premiumproductss]

Finally Ripple community should see the absurdity of Ripple token. Ripple is not diffrent to JPMCoin, so why everyone hats JPMCoin, while Ripple is still good? I say, nothing diffrent, two centralization power. 

[jvdp]

It is not end for ripple .Its time for ripple boom there is lot news coming soon .

Ripple was really good cryptocurrency in two years ago. But last year and this year was not properly working in crypto market so we should not expect the book in near future.
 At the same time it was banking support cryptocurrency so major Industries are supporting in this coin. I hope we will see the real result in end of this year.

[RohitMalhotra123]

No i think it is not possible because Ripple is very strong & promising coin and people also have full trust on it. In very short period it captures whole market and according to me future of Ripple is very bright.

[Error 522]

I listened to all the anti ripple/xrp fudsters years ago.  Back when I considered buying some for less than a cent a coin. 

Wish I hadn't listened to them.  They were ignorant.

[mindrust]

As long as the company owns the majority of the tokens, they can sustain this scam forever.

When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.

If you think JPM coins isn't crypto, neither is ripple.

Better we get rid of ripple soon.

[Bharathi13]

There will be competition but not end for the ripple, JP Morgan entering into crypto industry will bring good thing as well as bad things in the market. They are entering into market to take their share of pie & banks does not understand about why cryptocurrencies like Bitcoin was created. Bitcoin was created to to get rid of financial freedom from the third party involvement to do transaction P2P. This banking coins can be big barrier in the objective of bitcoin creation as they are coming up with their own coins but if you look on other side this JPMCOIN can bring new money into the market.

[crwth]

With having multiple centralized systems being created by powerful companies, I guess the best move to have is to invest in it and get profits as fast as you can. For people who are not of power, we could take advantage of that in a way, and maybe benefit for it in a while, and you will never know. Especially JPMCoin, they have got powerful friends who have a lot of money, probably going to drive the price up. It's worth a shot.

[el kaka22]

Ripple is a corporate coin. It is a centralized one. It has been expected the collapse of centralized things since its introduction but due to active development and partnership with major banks and other business, it is easily getting pumped time to time hence it is surviving till date.

Compared to ripple there are many very good coins and concepts are there, but due to lack of promotions they are never getting pumped. But, corporate coins are having some extra edge on this perspective. Even JPMorgan or any other corporate bring any alternative, I guess ripple may survive for some more time (until people may start hating centralized things). So, I guess ripple is going to stay with us.

[valta4065]

Finally Ripple community should see the absurdity of Ripple token. Ripple is not diffrent to JPMCoin, so why everyone hats JPMCoin, while Ripple is still good? I say, nothing diffrent, two centralization power. 

Anything that is centralized or controlled by a single entity has no room in the cryptocurrency community. JPMCoin will be another centralized token just like Ripple.
Ripple and XRP face new challenges as JP Morgan launches new stablecoin, JPM coin

[bitcoinisbest]

No i think it is not possible because Ripple is very strong & promising coin and people also have full trust on it. In very short period it captures whole market and according to me future of Ripple is very bright.

XRP is a good and promising coin and does not seem as such that end is near. May be it can fall little at the most but should rise back again once the bull run begins. People still continue to trust this coin as many banks has supported it and believe in it.

[hrunya102]

I did not like XRP ever, probably because I missed them airdrop, but I think for Ripple everything is still ahead, the project has interesting ideas and plans for the future.

[Ifemini]

As long as the company owns the majority of the tokens, they can sustain this scam forever.

When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.

If you think JPM coins isn't crypto, neither is ripple.

Better we get rid of ripple soon.

I think I understand more basics with your intro now
But ripple should try and provide their stance, with a massive update or news as well
Hoping to remain top token won’t last longer it seems

[Alisha FR]

i think ripple have a good concept in the banking world, even if the current ripple wants to be eliminated by the banking system, I see that ripples will develop too, so to think the ripples will end I think it's too early for us to talk about that.