Farul (OP)
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Activity: 270
Merit: 309
Shinji bgt gwh
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June 19, 2019, 12:41:23 PM |
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After 2 Years In Crypto Space I Realize That Most Hated Coin Is Ripple (Other Than BSV).
My Question Is Why? I Didn't See Anything Wrong With Them, They're Kinda Centralized And Was Created For The Bank And They Mention It Clearly.
Is It Because They Cooperating With bank(It Kinda Destroy The Purpose of Crypto)?
Is It because They're Centralized?
Is It Because Their Consensus Protocol Still Rely on trust?
What Is Your Opinion?
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eagleman
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June 19, 2019, 01:28:42 PM |
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Is It because They're Centralized?
I guess so.
Every altcoin that seem to be centralized are being hated by the community.
BCH, BSV, XRP and now Libra. |
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ðºÞæ
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Merit: 297
Bitcoin © Maximalist
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June 19, 2019, 02:15:58 PM
Last edit: June 19, 2019, 02:34:42 PM by ðºÞæ |
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Because its just shit, not rypto, not blockchain, not decentralized, most expensive overvalued listing on marketcap sites, pure junk....... https://bitcointalk.org/index.php?topic=2962004.msg30414543#msg30414543just fishing for noobs (slaves) money |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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rijaljun
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June 19, 2019, 02:25:05 PM |
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Anything related to bank is not that good. The centralized system and missing blocks problem are two of other reasons why people hate it.
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coinporch
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Merit: 252
Dolphins Finance TRUSTED FINANCE
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June 19, 2019, 02:32:22 PM |
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Is It because They're Centralized?
I guess so.
Every altcoin that seem to be centralized are being hated by the community.
BCH, BSV, XRP and now Libra. yeah,, all centralized cryptocurreny is not good and far away from the main principle from the reason why the first cryptocurrency called bitcoin created by the anonymous guy known as satoshi nakamoto so, a lot of people in this community didn't like it  |
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Kay94
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June 19, 2019, 02:42:07 PM |
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I think anything linked to a banking system in cryptocurrency isnt that good and thats one of the reasons why people hate ripple. Another reason is that ripple is centralized and expensive for investors.
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celot
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June 19, 2019, 02:50:17 PM |
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Last year Ripple have raised to higher price about $3 and now was down too lower under $0.4 and now keep lower and never could back again to higher price.
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EdenHazard
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Merit: 1048
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June 19, 2019, 03:00:35 PM |
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Just the user of bitcoins or investor of bitcoins who will hate Ripple on cryptocurrency. As you may know the factor is this is a stable coin and has centrilezed system which mean will crossing up with bitcoin eho has decentralozed exchange. The bitcoin user nit only dislike Ripple but they will find some centralized coin who will have a certain attitude such as to Ripple, maybe it will be the same when libra coin comes later. The user of bitcoin most likely won't like libra coin because it is not pure has a decentralized system. Even there are some people who consider about it and assumed libra coin is not has a decentralized system.
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Wingzcrypto2018
Copper Member
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June 19, 2019, 03:06:45 PM |
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After 2 Years In Crypto Space I Realize That Most Hated Coin Is Ripple (Other Than BSV).
My Question Is Why? I Didn't See Anything Wrong With Them, They're Kinda Centralized And Was Created For The Bank And They Mention It Clearly.
Is It Because They Cooperating With bank(It Kinda Destroy The Purpose of Crypto)?
Is It because They're Centralized?
Is It Because Their Consensus Protocol Still Rely on trust?
What Is Your Opinion?
Yes, it is because XRP was centralized based system concept. Moreover, XRP was being controlled only by the whale investors. So XRP ordinary traders are no match for this big investors. They may earn but not as high like the big whales in the market for sure. That's why I'm not buying it, honestly speaking. |
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Jamjamz30
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June 19, 2019, 03:08:49 PM |
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Why would some cryptoenthusiasts do not like Ripple platform, considering its worth in the banking systems. Some people here really want decentralization, but until now not even one cryptocurrency reach mainstream adoption. Let Ripple platform performs its functions here while everything is experimental in cryptocurrency.
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romero121
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Merit: 1213
Enterapp Pre-Sale Live
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June 19, 2019, 03:20:55 PM |
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People have an opinion on ripple as a centralized asset which will be manipulative, this is the major reason for majority of the crypto users not having ripple into their portfolio though it is among the top cryptocurrencies as well provides with promised return on the investment.
Unlike its centralized working ripple is always good for trading. Any level of investor can buy ripple as it is low priced. It doesn't have a much large scale volatility, but there is minimal fluctuation regularly which can be used for profiting through the difference between buying and selling.
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Rahman11
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June 19, 2019, 03:26:37 PM |
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People's are always prefer cryptocurrecies as decentralized for their freedom! but centralized cryptocurrencies not preferable then other strong valuable well developed cryptocurrencies!
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fvb
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June 19, 2019, 03:30:00 PM |
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After 2 Years In Crypto Space I Realize That Most Hated Coin Is Ripple (Other Than BSV).
My Question Is Why? I Didn't See Anything Wrong With Them, They're Kinda Centralized And Was Created For The Bank And They Mention It Clearly.
Is It Because They Cooperating With bank(It Kinda Destroy The Purpose of Crypto)?
Is It because They're Centralized?
Is It Because Their Consensus Protocol Still Rely on trust?
What Is Your Opinion?
I do not know how other colleagues, but the word hate is not suitable for this cryptocurrency. I never delved into the technology and development of this coin. One bounty listed me these coins for the usual tasks in social networks. Immediately exchanged coins for BTC and forgot about them. Now, after your post, there is a desire to study the token in more detail. |
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94K
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HiveNet - Distributed Cloud Computing
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June 19, 2019, 03:31:45 PM |
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I always say that centralized cryptocurrency will never last long. That's what ripple's nature is and this is really discouraging investors from investing.
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leonair
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★Bitvest.io★ Play Plinko or Invest!
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June 19, 2019, 04:12:36 PM |
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Because the essence of being a decentralized cryptocurrency is not within Ripple, simple as that.
Bitcoin was created for the sole purpose of decentralized money and Ripple is ripping it off. I'm not a hater of ripple and other centralized cryptocurrency though but the community is well aware of what's happening that's why they are telling something about it, and for me that's a good sign because for the technology to improve someone must to criticize it no matter how good or bad.
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LuckyBtc
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June 19, 2019, 04:37:54 PM |
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I don't like Ripple because it's centralized, manipulate etc.. The "Owners" of Ripple can do pretty much anything they want. In decentralized network everyone has to agree for any changes.
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bittraffic
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June 19, 2019, 04:49:48 PM |
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I think because XRP has billions of supply and most of it belongs to the team themselves. I don't hate XRP but there are just tons of good news about it and they spread it all over for the last 3 years and yet nothing is happening to them. Now they tried to make its a big news about moneygram using XRP but I'm not seeing an official statement from moneygram. The price spikes a bit but the again being dumped, I'm not falling for this scam again.
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Nalbo
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June 19, 2019, 04:50:10 PM |
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They were one of the first centralized tokens. And the first to attract a lot of attention of the crypto world. People were all surprised how different they were from the cryptocurrency and yet called themselves one. It was hard to consider a centralized token a cryptocurrency at that time. It was the odd one of the lot. The only duckling in the group of chicks.
That's where the thing called hating started and it's difficult for most to change their feelings.
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sri.bima
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June 19, 2019, 05:39:58 PM |
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One of the reasons many people hate Ripple (XRP) is a coin that is centralized and related to the Bank. Actually, if you don't like Ripple, you don't need to buy or use it. I sometimes still use it for trading, even though it's very difficult for me to make a profit. Maybe I can't adapt to this coin yet. So, no problem.
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eternalgloom
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June 19, 2019, 06:05:07 PM |
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I always say that centralized cryptocurrency will never last long. That's what ripple's nature is and this is really discouraging investors from investing.
What? There's no reason to think that Ripple will last less long than other cryptocurrencies. At least back up your statement with facts, otherwise it's completely meaningless. Now, I'm personally also not a big fan of Ripple, but they essentially exist to bring cryptocurrency solutions to banks. They have huge amounts of financial backing, so I really doubt that they're suddenly going to disappear one day. |
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