Polo7 (OP)
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September 01, 2019, 11:36:06 PM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
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sweetbet
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SweetBet.com
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September 01, 2019, 11:50:35 PM |
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None of the products offered by Ripple use XRP. Ripple has 200+ partners and they all use Ripple's money transfer system but they don't use XRP. This is why no matter how many partners Ripple has, the price of XRP hardly ever goes up. Banks will not touch an unregulated cryptocurrency. When there is regulation, then you will begin to see a change in prices. Here's a link to a twitter video that explains it differently https://twitter.com/RippleXrpie/status/1163381276184862721 |
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omonuyak
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September 02, 2019, 05:24:29 AM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
Maybe they should burn some units of it in other to bring up the pricing. XRP has been in the downward trend since January even when Bitcoin and other major coins went above 100 moving average. |
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BitPotus
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September 02, 2019, 09:25:03 AM |
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ripple supporters have Stockholm syndrome and are generally thick. XRP management knows that and use this to dump onto the gullible rippletards. it's quite simple really... ~the end~  |
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republicrypto
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September 02, 2019, 09:44:22 AM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
simple reason,, because the sellers win the battle with the buyers, thats why the price down mate and a lot of people knew xrp is a kind of centralized crypto, thats why a lot of people didn't like this alts mate regards |
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Angrydwarfs
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September 02, 2019, 10:17:47 AM |
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Banks use ripple but have no need for the xrp token. This is why they keep dumping, if its ruled a security dead.
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paynercash
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send and receive money instantly, with no hidden c
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September 02, 2019, 12:29:30 PM |
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I am an investor and I believe in XRP, but I have not seen the true applications of XRP. if XRP is not promoted and found new directions, it will die if Libra is developed and born.
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DudeAtWork420
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September 02, 2019, 12:39:08 PM |
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I am an investor and I believe in XRP, but I have not seen the true applications of XRP. if XRP is not promoted and found new directions, it will die if Libra is developed and born.
Even if it has a new direction people will not just jump into it blindly considering how many coins are being circulated around the team pocket. do not forget how bad is cryptocurrency fame globally, some people said it's a poison someone said it's a tool for a criminal and etc, etc. About Libra, I do not think Libra will affect this project that much because both of them move in a different direction. |
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novaprime
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UniDApp - it's DeFi time!
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September 02, 2019, 12:40:01 PM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
Recently a lot of XRP has been unlocked and this makes some investors feel a bit nervous because they can panic sell this coin without any reason. Every XRP unlock is a big risk because the value of XRP is over $100 million and that could greatly affect the value of this coin. I personally do not trust this coin and certainly will not invest because the risk is very high and XRP will be very difficult stable in the next few years. |
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Polo7 (OP)
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Activity: 392
Merit: 7
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September 02, 2019, 12:45:28 PM |
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To invest like a 500-1000$ in xrp... Not.
But 100$ Why Not the Price is and what Goes down Will Go Up too.
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Indamuck
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September 02, 2019, 12:56:46 PM |
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It is dying, do yourself a favor and buy bitcoin and ethereum before even thinking about buying 1 xrp. The foundation still holds a huge supply and they are continually dumping. It isn't even a real cryptocurrency that can be mined.
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samcrypto
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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September 02, 2019, 01:21:35 PM |
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Its dumping without any reason aside from the market condition. Either its dying or its normal, everyone should be more responsible on buying XRP, that’s a risky coin. If the bull has come and the price of XRP are still down then that’s a good sign not to invest and stay away from a dying coin, be cautious.
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knuckey
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September 04, 2019, 03:36:44 PM |
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I think the average of other coins is also like that and seems to be influenced by unstable market conditions. Maybe it's better you have to move to another coin, which has a real product and is used by many people (not just relying on many partners)   |
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South Park
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September 04, 2019, 05:23:18 PM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
Maybe they should burn some units of it in other to bring up the pricing. XRP has been in the downward trend since January even when Bitcoin and other major coins went above 100 moving average. They will never do that since that is the whole point of ripple, ripple is a fiat currency disguised as a cryptocurrency, they want to see if they can take control of this market and displace bitcoin as the most popular coin, in a way you must admire them since they are uncompromising in their mission in the same way the bitcoin developers were not willing to compromise bitcoin and its principles, however they must have realized by now that their mission has failed already and it is possible that during the next 5 to 10 years ripple could disappear since it seems they have stopped any effort to make their coin more popular. |
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sunsilk
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September 04, 2019, 05:37:21 PM |
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What is the Reasons that xrp Price is low?
One of the centralize coin in the crypto market and there must be something about that in my opinion. I think xrp have high inflation there is too many coins just...
It is centralized and you can be right about its inflation as its supply is that much so don't think that it will be quick for it to get back to $3 just like what happened nearly 2 years ago. Anyone knows are they planning to burn liminate the quantity of coins maybe?
Never heard of something like that. |
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DaMut
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September 04, 2019, 06:38:41 PM |
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I think the average of other coins is also like that and seems to be influenced by unstable market conditions. Maybe it's better you have to move to another coin, which has a real product and is used by many people (not just relying on many partners) Partners could help the project itself in demand but it is a different story if we are talking about it and xrp itself. as we can see almost half of their total circulating coin are inside of their team which means they have total control over the price and distribution. It is certainly not a good condition to be used as a form of payment, because it will lead to unstoppable manipulation. And most of their partners came because they were offered. |
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Iyeman
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September 04, 2019, 10:57:12 PM |
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What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
that's security with hyperinflation and big pre-mined coin that has already owned by the ripple company. the real problem of ripple is the ripple coin is not having any utility usage or i can say if that was a useless token without any usefulness and even it's not offering the feature that must be offered by security coin just like dividend or something like that and ripple is even worst the security coin. the supply has already had its hardcap but too many coins and this coin totally useless and i can't even find such usage from the ripple. |
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hotforblockchain
Member
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Activity: 266
Merit: 26
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September 05, 2019, 12:49:48 PM |
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None of the products offered by Ripple use XRP. Ripple has 200+ partners and they all use Ripple's money transfer system but they don't use XRP. This is why no matter how many partners Ripple has, the price of XRP hardly ever goes up. Banks will not touch an unregulated cryptocurrency. When there is regulation, then you will begin to see a change in prices. Here's a link to a twitter video that explains it differently https://twitter.com/RippleXrpie/status/1163381276184862721I garee, this is the main reason XRP is not going up becasue the actual coins is not used for banking purposes and it wont be, banks cant use something so unregulated and speculative as crypto coin for their every day transfers. I even doubt that with regulation , it will make sense for banks to buy in. |
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Ararbermas
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September 05, 2019, 01:49:02 PM
Last edit: September 05, 2019, 02:00:09 PM by Ararbermas |
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Actually XRP are good only on their first run but after months it struggle and become stagnant because of the bearish season that occured in the market . Reason investor immediately switch to another crypto to at least obtain profits . Wherein until now they have doubts to come back on it because of being had unstable situation. On this case probably it has a chance to become shitcoin in the future in my opinion,, because you know investor gradually jumping out on it reason the value is getting worse as of now.
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guoyu78
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September 05, 2019, 04:27:49 PM |
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FIRST, Ethereum is overhyped and I think that they are living in fake volume which is why we are not seeing their value from but rather keep declining, secondly, they also finding it keeping up with the competitors that we have in the market, I guess they never knew they could get competitors this early, but the strong competitors they have been seeing are giving them so much though time.
The worst of their competitor is even yet to come, by the time that Facebook coins is being released, I bet that ripple will go to the lowest bottom of the coinmarketcap. You may just be looking for reason why they are going low and you will never really get because ripple as a project itself is not a very good one, they are just using hype to grow and we have seen the negative effect of hype.
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