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Author Topic: Look like xrp is take over  (Read 366 times)
maxreish
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November 27, 2020, 08:26:08 AM
 #21

The article said they are seeking for senior director for central bank engagements. This doesn't mean xrp will take over. And banks are not buying xrp, too.
 
 You're asking if is it good to accumulate more xrp now? Of course, the correction of price occured and this bear price of most of the altcoins such as xrp is a great opportunity for us hodlers and investors to buy more and hold more.
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November 27, 2020, 08:43:15 AM
 #22

The article said they are seeking for senior director for central bank engagements. This doesn't mean xrp will take over. And banks are not buying xrp, too.
I have read that article and your opinion is perfectly plausible here and I also see that they are looking for senior directors for central bank transactions.
You're asking if is it good to accumulate more xrp now? Of course, the correction of price occured and this bear price of most of the altcoins such as xrp is a great opportunity for us hodlers and investors to buy more and hold more.
A correction has taken place and now we are seeing the market start to recover. Not only XRP but all altcoins in the market have been like that, i have been holding XRP for a while and i think if the current trend continues, so holding XRP is really an investment which i consider it safe in this market.

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Reid
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November 27, 2020, 08:48:31 AM
 #23

I'll admit it is really one of the fastest when it comes to receiving and sending transactions.
But, you may have been blinded by the hype.
Its price hike doesn't mean it will become the world currency. That is just way too exaggerated.
Hell, even the number 1 (bitcoin) is not yet there.

It's a good coin but it ends there.
I am more curious if the ones who are dumping bitcoin are exchanging it for XRP so that they could go back faster to pump bitcoin once again.
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November 27, 2020, 09:00:45 AM
 #24

We have been hearing all these reasons for a very long time now, on how Bitcoin is slow and XRP is faster and so on, but let me ask, what is still holding XRP from becoming the best coin or rather the top coin? The answer is simple, people don't joke with trust and that trust can not be found in XRP, but only in Bitcoin, so the earlier these unnecessary comparisons stop the better.
XRP is good in its own way, it grows even more than most coins, but yet it doesn't have what it takes to beat Bitcoin. I think the reason why bankers are buying XRP, is because they want to have a share in controlling it, since XRP is centralized, it gives them that opportunity to do so.
Nevertheless, the crypto space is opened to everyone and hence everyone can make their personal investment decisions, so you can go ahead and accumulate whichever coin you want and believe in, as for me, it is Bitcoin.

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November 27, 2020, 09:32:06 AM
 #25

I have held on to XRP for years. It's been one of the most boring investments of mine, but finally it's starting to take of.
I hope the payments initiatives will get a grip in the market, if that happends we're in for a ride.

Atm I have rougly 9% of my capital invested in XRP

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November 27, 2020, 11:59:42 PM
 #26


Should we start accumalating xrp?
It look like it Will be one world digital currency.
And why not?  Its faster then btc 4 seconds Transactions.
So their own guys the bankers buying the xrp now I guess so we should do the same.


Source: https://www.google.com/amp/s/cointelegraph.com/news/ripple-seeks-director-to-engage-with-central-banks-on-digital-currency/amp
I'm sorry can I guess something that you have already invested in Ripple coin. And making this post to invest in others. We all know that Ripple is a good digital currency but can't Bitcoin. More faster coins already exist where Ripple is so far from it. All top altcoins could give us the same profits just take profits from your favorite one.

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November 28, 2020, 12:30:06 AM
 #27

XRP is a strong competitor in crypto market and once again it has proved the capability of this coin, as far as I know it will reach $2 by the end of this December this is purely based on current market trend. Some magical pump was really impressive and that's what users expect from powerful coin in the market. I believe it will boom again in upcoming days as well.

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November 28, 2020, 03:07:42 AM
 #28

One world currency? if there will be that kind of currency it won't be XRP. The government will choose to have their own very own currency than to rely on XRP.
Although it's a centralized coin and it's also favorable to the government. But, they wouldn't allow it to be controlled by the company. Instead, they'll choose to have their own created currency than it.


Ok If their own currency then what it could be?
So I can buy Early ico... Lol
Libra? joke. But that's in the hot news recently.
Facebook’s Libra currency to launch next year in limited format
Facebook cryptocurrency Libra to launch as early as January but scaled back: FT

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November 28, 2020, 03:11:12 AM
 #29

When it comes to faster transactions I don't think it will guarantee a takeover to become the world's digital currency, because there may be many other considerations such as fees etc. Indeed, the progress of XRP is very good but whether that way other cryptos will be ignored, because I don't think so and even in some sites or entertainment platforms that provide crypto payments I personally find other coins used more often and not always about XRP there.

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November 28, 2020, 03:18:41 AM
 #30

XRP reacts to the bitcoin market?

But it is not that, what happens is that it has a good market and acceptance by the crypto community. He has good partners ...

It is not for nothing the TOP 5 cryptocurrency: https://coinmarketcap.com/currencies/xrp/

Invest in it, you will get good interest ...
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November 28, 2020, 03:40:37 AM
 #31


Should we start accumalating xrp?
It look like it Will be one world digital currency.
And why not?  Its faster then btc 4 seconds Transactions.
So their own guys the bankers buying the xrp now I guess so we should do the same.


Source: https://www.google.com/amp/s/cointelegraph.com/news/ripple-seeks-director-to-engage-with-central-banks-on-digital-currency/amp
XRP is the most complete blockchain coin, it is highly regarded by major banks in the world like Bank of America (second-largest bank in the United States) and participates in RippleNet. That shows that Ripple really has enough capacity to help the major banks in the world develop better in terms of technology and can contact many customers around the world.
This correction gives us a better chance of holding XRP and we will see it back to ATH again next year. Trust me Wink

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November 28, 2020, 03:45:42 AM
 #32

If you look at this right now, bankers don't seem to have much respect for XRP. they prefer to allocate to other tokens and it is already profitable for them. xrp also seems unable to be used as a reference this year

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November 28, 2020, 06:46:12 AM
 #33


Should we start accumalating xrp?
It look like it Will be one world digital currency.
And why not?  Its faster then btc 4 seconds Transactions.
So their own guys the bankers buying the xrp now I guess so we should do the same.


Source: https://www.google.com/amp/s/cointelegraph.com/news/ripple-seeks-director-to-engage-with-central-banks-on-digital-currency/amp
Yes XRP is faster than bitcoin and many major altcoins in the market right now and also XRP was built to be a payment gateway that functions like digital Fiat, XRP makes lotta sense and worth your every penny but the present pump isn't only because of XRP capability or utility, Spark Token airdrop is a big + why pumps is happening
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November 28, 2020, 06:05:45 PM
 #34

I dont think so,if i select one,  I don't hesitate to choose BTC, if I were to make a list, XRP is going to be one of the count backwards.
Anyway, i must admit XRP is a good coin to invest, but take over, no way.

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November 28, 2020, 06:47:03 PM
 #35


Should we start accumalating xrp?
It look like it Will be one world digital currency.
And why not?  Its faster then btc 4 seconds Transactions.
So their own guys the bankers buying the xrp now I guess so we should do the same.


Source: https://www.google.com/amp/s/cointelegraph.com/news/ripple-seeks-director-to-engage-with-central-banks-on-digital-currency/amp
Accumulating XRP for what reason? The coin had not moved at all for years so as trading option there are better coins in the market including bitcoin and ethereum that present way more movement than XRP.

And if you mean this as an investment option to hold for the long term the answer is no as well, XRP is never going to replace bitcoin, it is not decentralized at all and it is owned by bank, why would anyone want a coin like that? There is a reason institutional investors are only interested in bitcoin and not in a single altcoin and that is that bitcoin will be a good store of value while XRP will never be remotely close to that.
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