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Author Topic: Why the hate on XRP  (Read 441 times)
Anonylz
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April 20, 2022, 07:45:21 AM
 #21

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?

Beside the already known accusation of xrp being a centralize project working with banks (something that is the opposite of true crypto) and not very transparent with the overall conduct of the project I don't think am aware of any other season why people hate the project just by mentioning the name.
I don't understand it as well, because I also never invested in this project base on this community dislike, xrp is not only the centralize project in the space but for some reason best known to the crypto community, it is the most hate.

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April 20, 2022, 08:12:41 AM
 #22

I think Ripple is a good coin and good and quality so it has a high potential for its good, it's just that in ripples there are often problems that can cause investors to be a little hesitant to invest in ripples, there may be a lot of people laughing This XRP coin is because they are less observant and do not understand what XRP is, only people who like it can understand how good and bad XRP is, in my personal opinion, XRP is a good coin.

although a while ago there was chaos in the XRP team, so most people who are in cryptocurrency said the XRP team has bad behavior, because they sold all their XRP and exchanged to FIAT, and made some people hate it, but even so, XRP has a very large community. and now XRP is in the top 10 best altcoins and has high quality and is in the sixth position of the ten altcoins, and maybe there are other problems with this XRP coin, I also don't understand its development at this time.

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April 20, 2022, 08:17:49 AM
 #23

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?

It is the first centralized shitcoin which pretends to be a crypto currency. It is a banksters scam. For years, they managed to stay at the top of CMC and there are lots of rumors going around like how they bribed the site/exchange owners etc... In the end they managed to get this premined shitcoin listed on various exchanges. Their whole marketcap is a big lie.

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April 20, 2022, 09:07:47 AM
 #24

The first centralized banker coin that keeps denying if this coin was not a security. How harsh the ripple co founder that kept denied if ripple was not a security coin. This coin is having so many haters. So many bad things have been done by the ripple community.
Calling this as a shit coin is good enough as it's also suitable for ripple coin. I don't know what those people think about this coin especially for ripple supporters that keep support this coin.
How garbage this coin is.  Grin

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April 20, 2022, 09:30:43 AM
 #25

I don't hate Ripple but I use Ripple just for profit.
I do not think too much about usage or else because I am only concerned with how to make as much profit as I can.
So far, Ripple is going as usual and although the price hasn't gone as high as before, I feel it will start to increase in the future.
So as long as Ripple is still profitable for me, I'm still going to use it.

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April 20, 2022, 09:45:38 AM
 #26

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?

Because it stands for everything crypto anarchists were against in the first place, and centralization doesn't help their case. I don't hate it but i can't see anything revolutionary in their tech. It's basically only for micro transactions with low fees. That's not even tiny bit interesting to me.

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April 20, 2022, 01:03:37 PM
 #27

You are right that ripple have lots of haters maybe more than other altcoins and bitcoin have. Bitcoin have been criticized alot of times and maybe would have been hated more above all coins because it is the first coin that was called bubble, if not that it is decentralised. So ripple among other allegation is centralised and have been criticized for denying so much allegation including being a security coin. It has been alleged for manipulation also.
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April 20, 2022, 03:08:54 PM
 #28

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?
Its centralized and control all the supply but still not stable which means it is working same as other cryptocurrencies in terms of volatility, so people don't really care about the centralisation and keep trading in all the centralized exchanges which makes the team rich so they keep being at the top but still its not really enough for long term they may get replaced at anytime.

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April 20, 2022, 03:23:40 PM
 #29


Strange that they won SEC. I think most hate comes from the idea that this is a centralized token.

Base on the comments was that, every time billions of XRP is unlocked, the team always dumps it to buy demand. The team had tried promoting this token for a very long time as means of covering up this information and then make people believe its going to be the one that banks will be using. I use to trade XRP in the past accumulating it but when the price had not hit ATH again after 2017, its not encouraging anymore.

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April 20, 2022, 04:03:28 PM
 #30

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?

Bitcoin and therefore the crypto space as a whole because of the idea that financial power should not be solely in the hands of the governments and the central banks but in the hand of the people in order to freely transfer wealth between different countries and continents without any limitation and a third party or an authority involved. The problem witih XRP is that it is highly centralized and that it also wants to be centralized. I mean in realitiy a lot of crypto projects are kinda centralized because a lot of coins are held by only a few big whales that could manipulate the whole project if they want to, but XRP is even worse than that.
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April 20, 2022, 06:32:34 PM
 #31

Ripple (XRP) is actually a project that has helped in solving some cross border challenges as regards payment across the globe and it is one of the fastest means of payment with a low transaction fees. Coupled with the fact that it hard a long pending ligation with the securities and exchange commission and came out with a fantastic reputation in the crypto space and as you can see it is amongst the top coins

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April 20, 2022, 06:36:57 PM
 #32

Only a fool will do what people want them to do, there are many projects that did so well even after all the hates from investors and other projects, here are few

1. Shiba inu
2. Ripple
3. Hex

All these projects did so well even after all the rambling that they are scam and shitcoins, do not listen to people and watch yourself elevates.

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April 20, 2022, 07:17:14 PM
 #33

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?
Actually it disappointed those early investor which though it will be next Bitcoin but it does not worked well and does not give whales the profit they expected.
Many Projects spikes so much in front of XRP investor and they just holding Xrp. I think it's not bad Project but it will take time to recover.

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April 20, 2022, 11:28:28 PM
 #34

Only a fool will do what people want them to do, there are many projects that did so well even after all the hates from investors and other projects, here are few

1. Shiba inu
2. Ripple
3. Hex

All these projects did so well even after all the rambling that they are scam and shitcoins, do not listen to people and watch yourself elevates.
Nah, they are still shitcoins which is brought by the hype but if there's no hype on those coins I wonder where they should be right now on the list. This is just no different from the dogecoin memecoin that most people would do the hype to create a FOMO but I'm not buying it. Although, if you are great at your work on how to play with their market maybe you could earn some fortune but for some it's just unfortunate. There are worthy coins to be invested out there compared to these ones.

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April 21, 2022, 12:14:18 PM
 #35

Beside the already known accusation of xrp being a centralize project working with banks (something that is the opposite of true crypto) and not very transparent with the overall conduct of the project I don't think am aware of any other season why people hate the project just by mentioning the name.
I don't understand it as well, because I also never invested in this project base on this community dislike, xrp is not only the centralize project in the space but for some reason best known to the crypto community, it is the most hate.
That is basically all there is to it. I mean I have been in crypto for 9 years now and never owned a single XRP in my life, why? Only because of the reason you already mentioned. If something is so centralized that they are saying "use our coins so that we could make money from companies" type of deal, then we shouldn't even be considering them legit.

We are talking about a scam project that scams people so greatly that people are not even aware that they are getting scammed. Honestly, I would never own any XRP but I have to congratulate XRP creators, they have done something that nobody else achieved so far, turning a scam into a long term real project.

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April 21, 2022, 01:22:56 PM
 #36

I haven't hated XRP because it helps me a lot when I was getting a small number of rewards from bounties. Back then I was having a hard time transacting my small amount of ETH and BTC to local exchanges because of the high fees, thankfully, I managed to convert it to XRP before sending it to local exchanges which saved me lots of money and I also find it convenient and easy to use because of its fast sending transaction, unlike the other blockchain network which most of the time are delayed.

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April 21, 2022, 01:36:45 PM
 #37

honestly I think the hate that revolves around ripple is always regarding how ripple isn’t your ideal altcoins and it’s rather centralized nature that of course could either be an advantage and disadvantage
based from the ones that invested in the altcoins.
this hate that are being lashed against ripple has been existed since ages ago I think that it’s already normal that many of traders here just choose avoiding ripple at all costs, I rarely see any traders here that choose
ripple as one of their investment option because there are honestly so many better investment out there, like matic and the likes, also the fact that ripple has been facing some big issues in these recent years adds
the more reason in avoiding it.

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April 21, 2022, 01:39:24 PM
 #38

 In my opinion Ripple Coin is generally fairly good Altcoin. If it is true that Ripple is not good then you will not listen to anyone because if you want to trade or hold it then do it with your own conscience and wisdom. I would say that coins up to the top 500 in cryptocurrency are all good. And if you look at coinmarketcap, you can see that XRP is in the top 6 position.
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April 21, 2022, 02:05:00 PM
 #39

Why do people hate Ripple so much? The moment you made mention of this project they will instantly have a wicked laugh 😅 about it, like this project is just some joke, but how come its still a top altcoin if its that bad? How come such a project even win a war with SEC? I am curious, is there something thats not adding up here?
I do not like this coin because it is not a cryptocurrency but a new centralized payment system. I am tired of following the courts and scandals, as well as the manipulation of the price of the coin against the backdrop of various events. I prefer not to mess with centralized projects.

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April 21, 2022, 02:15:47 PM
 #40

many hate ripple for certain reasons such as SEC issues which are very clearly read by the public, but ripple's prestige only decreases for a moment when the news about rippel and the SEC is hot, but with a good community XRP still survives and trading volume is still stable

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