XRP future looks shaky and uncertain

[posi]

The very threat to CBDC is XRP for me, not BTC.

Even without the arrival of CBCD, the future of XRP is uncertain, as far as I know the lawsuit between XRP and the SEC is not over yet. So investing in it now is extremely risky, if XRP can't win the case, the possibility that XRP investors will lose everything.
We have more options than XRP, we don't need to risk that meager profit. Regarding altcoin investment, we have BNB, the return is not bad, I will choose BNB instead of risking XRP.

I agree 100%, I almost forgot about XRP when the lawsuit between Ripple and the SEC started in 12/2020.  The purpose of XRP is to become a cross-border payment currency - universally accepted.  That is the advantage and also the disadvantage of XRP.  It is within a more centralized framework, knowing that times will change and how the market will decide to use it differently, but XRP does not show that potential.  More new and potential options as well as safer such as ETH, BNB, Polygon…

with this so much bad happening in Ripple ? and XRP continues being declined(because of that case from SEC?) i think it is much better to choose on those given coins than supporting more this coin fo now , not unless they won that case and be open again? but that would definitely damage their reputation in long term as it is going to 3 years and still no good news and progress.

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

[kotajikikox]

The very threat to CBDC is XRP for me, not BTC.

Even without the arrival of CBCD, the future of XRP is uncertain, as far as I know the lawsuit between XRP and the SEC is not over yet. So investing in it now is extremely risky, if XRP can't win the case, the possibility that XRP investors will lose everything.
We have more options than XRP, we don't need to risk that meager profit. Regarding altcoin investment, we have BNB, the return is not bad, I will choose BNB instead of risking XRP.

I agree 100%, I almost forgot about XRP when the lawsuit between Ripple and the SEC started in 12/2020.  The purpose of XRP is to become a cross-border payment currency - universally accepted.  That is the advantage and also the disadvantage of XRP.  It is within a more centralized framework, knowing that times will change and how the market will decide to use it differently, but XRP does not show that potential.  More new and potential options as well as safer such as ETH, BNB, Polygon…

with this so much bad happening in Ripple ? and XRP continues being declined(because of that case from SEC?) i think it is much better to choose on those given coins than supporting more this coin fo now , not unless they won that case and be open again? but that would definitely damage their reputation in long term as it is going to 3 years and still no good news and progress.

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

in this I don't agree mate, because Solely investing in Ethereum will bring us also long waiting so why choose this altcoin when we can surely invest in Bitcoin?  we are talking diversification here and that is what we mostly wanted as for safer investment .

[posi]

The very threat to CBDC is XRP for me, not BTC.

Even without the arrival of CBCD, the future of XRP is uncertain, as far as I know the lawsuit between XRP and the SEC is not over yet. So investing in it now is extremely risky, if XRP can't win the case, the possibility that XRP investors will lose everything.
We have more options than XRP, we don't need to risk that meager profit. Regarding altcoin investment, we have BNB, the return is not bad, I will choose BNB instead of risking XRP.

I agree 100%, I almost forgot about XRP when the lawsuit between Ripple and the SEC started in 12/2020.  The purpose of XRP is to become a cross-border payment currency - universally accepted.  That is the advantage and also the disadvantage of XRP.  It is within a more centralized framework, knowing that times will change and how the market will decide to use it differently, but XRP does not show that potential.  More new and potential options as well as safer such as ETH, BNB, Polygon…

with this so much bad happening in Ripple ? and XRP continues being declined(because of that case from SEC?) i think it is much better to choose on those given coins than supporting more this coin fo now , not unless they won that case and be open again? but that would definitely damage their reputation in long term as it is going to 3 years and still no good news and progress.

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

in this I don't agree mate, because Solely investing in Ethereum will bring us also long waiting so why choose this altcoin when we can surely invest in Bitcoin?  we are talking diversification here and that is what we mostly wanted as for safer investment .

Bitcoin is the safest, but between bitcoin vs ethereum investment, who do you think will give better long-term returns? During the most recent bull cycle in 2021, ETH has also delivered a much higher ROI than BTC. Ethereum meets 2 requirements for you: safe like bitcoin, if safe bitcoin is 10, then ethereum is 8, and better returns than bitcoin.

If talking about making a quick profit from altcoins, I would like to invest in new altcoins like APT or some layer 2 projects that will give higher returns than XRP or any old altcoin. You can see LTC, TRX...no more noticeable hype.

[WatChe]

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

In Alts category apart from Ethereum there is no single coin that is able to retain his position. Since I started following crypto in 2017 I am seeing Ethereum at number 2. Lot many coins make it to top 10 but none was able to retain that spot over time. Ethereum is good choice in alt but it's price is attached with bitcoin, so why not invest in bitcoin directly as Alts will join the party only if bitcoin goes up.

[el kaka22]

Ripple always knew that they were playing with fire when they started, and now people are suddenly realizing that fact. This is a company that says "we can move your money all around the world for very cheap using the money we made up" and you think that governments would not find any problems in that?

It was always obvious that money is something you can't just create out of nothing and be a company about it, bitcoin is fine because nobody profits from bitcoin being used, XRP however profits Ripple as much as it could profit them and that is the difference, it is based on a company and that will never be ok for any government in the entire world.

[posi]

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

In Alts category apart from Ethereum there is no single coin that is able to retain his position. Since I started following crypto in 2017 I am seeing Ethereum at number 2. Lot many coins make it to top 10 but none was able to retain that spot over time. Ethereum is good choice in alt but it's price is attached with bitcoin, so why not invest in bitcoin directly as Alts will join the party only if bitcoin goes up.

As I said above, and you can check the history, in recent years, ETH has always given a much higher ROI than bitcoin, and if you also have faith in ETH it is also a good choice along with bitcoin. Nowadays, newbies like to invest in altcoins for the same reason, they like high returns and bitcoin no longer fulfills that requirement. But other altcoins are extremely risky, and only ETH is a safer choice, but the returns are not bad either.
Bitcoin fanatics have always considered ETH to be shitcoin, but looking at what it has done and achieved, those who invested in ETH early were just as successful as those who invested in bitcoin early.

[doomloop]

Ripple always knew that they were playing with fire when they started, and now people are suddenly realizing that fact. This is a company that says "we can move your money all around the world for very cheap using the money we made up" and you think that governments would not find any problems in that?

It was always obvious that money is something you can't just create out of nothing and be a company about it, bitcoin is fine because nobody profits from bitcoin being used, XRP however profits Ripple as much as it could profit them and that is the difference, it is based on a company and that will never be ok for any government in the entire world.

I think Ripple started fine but only face an issue after so many years but they are lucky that their company is still there surviving and still have the chance to continue to operate legally once they win the case that is issued about them. It was the people who invest in Ripple are the ones who are playing with fire right now because some things could go wrong with Ripple later on. It is said that Ripple is backed by different banks therefore I think they don't just issue money out of thin air.

Also, there are people who profits from Bitcoin when someone starts using it, and that is the miners but those who use, invest/trade with Bitcoin can also make a profit out of it. Ripple users can as well get a benefit if they use their coin properly.

[rodskee]

I am sorry if this hurts XRP fans and Armies on here

I think XRP will be useless in future because there won't be any need for it's existence, it won't be needed as a bridge to converting crypto coins or currencies once Fiat moves to CBDC finally. Think about it and if you think that I am wrong do drop your reason why.

The very threat to CBDC is XRP for me, not BTC.

You should not say sorry because you are saving them from a future losses , maybe they try to deny this fact for now but eventually they will realized this reality and will eventually act like a loser.
XRP is something that only use to Pump and dump and also those supporters are exiting from the years as it was delisted in many exchange.
even if it managed to win against the SEC? yet what would be the beneficial in the reality of usage.

We can only hope that they are careful not to use too much money to invest in XRP and only choose bitcoin as their main investment. Perhaps, they still hope that XRP can really benefit them so they still think that XRP is one of the coins that have the potential to increase. But if XRP can ramp up, it's an added boon for investors who have been buying XRP for a long time and are eager to repeat history in big gains. Well, we can only wait and see if XRP turns out to be what they want it to be or if it just doesn't matter.

if you have extra funds that literally you can risk ? then why not right? but if the amount you will be investing is something that you will be needing in sometime or even in long time after?
then best not to take this chance or you will lose badly in the end.
XRP is indeed one of good coins in the past but nowadays? there are so much coins that we can use tto save our money than Ripple.

[Abiky]

I think Ripple started fine but only face an issue after so many years but they are lucky that their company is still there surviving and still have the chance to continue to operate legally once they win the case that is issued about them. It was the people who invest in Ripple are the ones who are playing with fire right now because some things could go wrong with Ripple later on. It is said that Ripple is backed by different banks therefore I think they don't just issue money out of thin air.

Also, there are people who profits from Bitcoin when someone starts using it, and that is the miners but those who use, invest/trade with Bitcoin can also make a profit out of it. Ripple users can as well get a benefit if they use their coin properly.

If Ripple really wants XRP to have a future, then it should stay away from it by leaving the "Ledger" in the hands of the community. The first step would be to sell all of its XRP holdings to remove any ties to the cryptocurrency itself. After that, XRP would be fairly distributed among participants. The XRP Ledger would also need more validators run by community members to help become decentralized and censorship-resistant. Maybe introducing some sort of incentivization mechanism to XRP validators will do the trick?

Unless Ripple removes any involvement with the XRP Ledger, I don't see it having a future anytime soon. I'd suggest people to consider Stellar (XLM) which has the same design as XRP, but with decentralization in mind. Ultimately  the market will decide which coin stays afloat and which one will fade into oblivion. As long as there's healthy competition in the crypto/Blockchain space, nothing else matters. Just my thoughts

[maydna]

I am sorry if this hurts XRP fans and Armies on here

I think XRP will be useless in future because there won't be any need for it's existence, it won't be needed as a bridge to converting crypto coins or currencies once Fiat moves to CBDC finally. Think about it and if you think that I am wrong do drop your reason why.

The very threat to CBDC is XRP for me, not BTC.

You should not say sorry because you are saving them from a future losses , maybe they try to deny this fact for now but eventually they will realized this reality and will eventually act like a loser.
XRP is something that only use to Pump and dump and also those supporters are exiting from the years as it was delisted in many exchange.
even if it managed to win against the SEC? yet what would be the beneficial in the reality of usage.

We can only hope that they are careful not to use too much money to invest in XRP and only choose bitcoin as their main investment. Perhaps, they still hope that XRP can really benefit them so they still think that XRP is one of the coins that have the potential to increase. But if XRP can ramp up, it's an added boon for investors who have been buying XRP for a long time and are eager to repeat history in big gains. Well, we can only wait and see if XRP turns out to be what they want it to be or if it just doesn't matter.

if you have extra funds that literally you can risk ? then why not right? but if the amount you will be investing is something that you will be needing in sometime or even in long time after?
then best not to take this chance or you will lose badly in the end.
XRP is indeed one of good coins in the past but nowadays? there are so much coins that we can use tto save our money than Ripple.

I've been buying XRP since last year and am just waiting for XRP to start increasing. But I don't really expect to see XRP increase, let alone reach a new ATH again because it doesn't seem easy for XRP. And even though XRP doesn't or hasn't been able to increase again during the altcoin season, that's also okay, and as long as there are exchanges that have XRP listed in their list of coins, I think one day, there will be a pump for XRP

[sana54210]

if you have extra funds that literally you can risk ? then why not right? but if the amount you will be investing is something that you will be needing in sometime or even in long time after?
then best not to take this chance or you will lose badly in the end.
XRP is indeed one of good coins in the past but nowadays? there are so much coins that we can use tto save our money than Ripple.

Even if you have money to spare, I would highly suggest not to go down that route, it would not make any sense at all. I am not saying that you should be avoiding it at all costs, but why spend it on XRP when you can buy something better? XRP has always been a shitcoin in my mind, it's definitely the first shitcoin ever created, and it's only there so that creators would make a profit and no other reason exists for it.

So in this situation, if you have money you can spare, even if money you could just throw out of the window, I would still suggest at least throwing into something that has some future, and not into XRP because it would be literally that bad.

[Johnyz]

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

In Alts category apart from Ethereum there is no single coin that is able to retain his position. Since I started following crypto in 2017 I am seeing Ethereum at number 2. Lot many coins make it to top 10 but none was able to retain that spot over time. Ethereum is good choice in alt but it's price is attached with bitcoin, so why not invest in bitcoin directly as Alts will join the party only if bitcoin goes up.

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

[milewilda]

Not only XRP, but it can also be seen that besides ethereum, the remaining long-standing altcoins do not have a bright future. They can barely keep up with new projects, and that is why there is always an elimination in the altcoin market. In my opinion, if you want to invest in altcoins, you should only trust ethereum, all other altcoins should not be long term investments. Even if XRP wins the case, I still doubt its future, today we have too many altcoins with utility outperforming XRP.

In Alts category apart from Ethereum there is no single coin that is able to retain his position. Since I started following crypto in 2017 I am seeing Ethereum at number 2. Lot many coins make it to top 10 but none was able to retain that spot over time. Ethereum is good choice in alt but it's price is attached with bitcoin, so why not invest in bitcoin directly as Alts will join the party only if bitcoin goes up.

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

Yes, i do remember that also on which it did happen.
https://markets.businessinsider.com/news/stocks/ripple-briefly-overtakes-ethereum-as-the-no-2-crypto-2017-12-1012307798

Yes, it did happen but only short time and yes until that SEC issue then it did really go back down.I do know that there are still lots of holders out there of XRP
but in speaking about on what would be its future then everything would be always something that cant be predicted.

[blockman]

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

I saw that happen but to look at it happen again, I don't think that we'll ever see it again. With all of those partnerships and usage for transfers, they're still able to remain at the top spot in the market.
But once the SEC decision comes out and they've lost against it, I'd expect the quick bottoming of this coin because that's how the market these days with such negative news.

[rodskee]

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

I saw that happen but to look at it happen again, I don't think that we'll ever see it again. With all of those partnerships and usage for transfers, they're still able to remain at the top spot in the market.
But once the SEC decision comes out and they've lost against it, I'd expect the quick bottoming of this coin because that's how the market these days with such negative news.

but that happened only for a short time mate and If my memory serves me well? this is about the time before the final blow of XRP and dumped after maintaining 3rd position before the case being filed?
but indeed that XRP once become a ranking coin but did not maintain that position because of lack of trust from true investors.

[Questat]

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

I saw that happen but to look at it happen again, I don't think that we'll ever see it again. With all of those partnerships and usage for transfers, they're still able to remain at the top spot in the market.
But once the SEC decision comes out and they've lost against it, I'd expect the quick bottoming of this coin because that's how the market these days with such negative news.

but that happened only for a short time mate and If my memory serves me well? this is about the time before the final blow of XRP and dumped after maintaining 3rd position before the case being filed?
but indeed that XRP once become a ranking coin but did not maintain that position because of lack of trust from true investors.

That case hasn't been done yet which causes investors to likely distrust and move away from this coin. It was an underlying situation that XRP has now and investors consider this as a potential to collapse once the SEC releases the decision. Therefore, we can say that XRP has no longer a good investment, might it stays on the market for awhile but can't assure it will remain in its position 10 years from now or might we never see it anymore?
Well, not just XRP but many coins that are on the top 20 could probably replace by others.

[michellee]

I remember XRP replacing ETH before at the top 2 position but that was the time where XRP still have no issue with SEC. Now, they are still hanging around and just waiting for the decision of the SEC, for me XRP is still a good one because they are able to get more investors and business partners even if they are centralized. Doing DCA with XRP can be good but its not a guaranteed return since they are still facing problem with SEC.

I saw that happen but to look at it happen again, I don't think that we'll ever see it again. With all of those partnerships and usage for transfers, they're still able to remain at the top spot in the market.
But once the SEC decision comes out and they've lost against it, I'd expect the quick bottoming of this coin because that's how the market these days with such negative news.

but that happened only for a short time mate and If my memory serves me well? this is about the time before the final blow of XRP and dumped after maintaining 3rd position before the case being filed?
but indeed that XRP once become a ranking coin but did not maintain that position because of lack of trust from true investors.

And if you want to keep investing in XRP, always be careful and consider whether XRP can still increase again after the many events. Or do you have to look for other coins that are more potential to increase. Investing in XRP or other coins must go through analysis first so we do not decide without analyzing. But for now, it seems that XRP can still survive and is still on the top 10 coin list, so maybe XRP can still increase when Altcoin Season comes later.

[rhomelmabini]

XRP was one of the compliant cryptocurrency for ISO 20022 and if lawsuit comes to light for XRP I think that will likely make XRP fine again. It's still one of the favorites of banks after all and I think huge investors on XRP are huge institutions too.

[tvplus006]

Despite the fact that the court case has not yet been completed, Ripple continues to move forward. "Fintech company Ripple has teamed up with the Central Bank of Montenegro to launch a national digital currency (CBDC) pilot project, the country's Prime Minister Dritan Abazovic has announced" - https://ihodl.com/topnews/2023-02-01/ripple-will-help-montenegro-develop-national-digital-currency/

[kenshi222]

XRP had a potential one like Ethereum,but the project suffer a lot problem.They need to face all the cases legal and solve the problem.Now the trade of XRP is allowed only after you verified kyc.Not only in CBDC,XRP also had in many exchanges,but it allow us to buy after the kyc was verified at that exchange.The reason was it allow only limited trusted people to hold their coin.Because the XRP team know,they will shine in the future for sure.I had requested all to hold for longer period to earn more from it.