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Author Topic: Ripple Is biggest Enemy of Bitcoin  (Read 479 times)
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March 22, 2024, 09:51:01 PM
 #41

Dismissing negative attacks entirely might be shortsighted.  While Bitcoin has weathered past storms, the potential impact of a coordinated attack shouldn't be underestimated.  Imagine a well-crafted campaign that highlights security vulnerabilities, environmental concerns, or regulatory scrutiny.  This could create uncertainty among some investors.

The focus on Bitcoin's market dominance is valid.  Its historical performance and current market share are undeniable.  However, the cryptocurrency market is volatile and constantly evolving.  Newcomers like Ripple could potentially challenge Bitcoin's position if they address scalability concerns and offer attractive features.

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March 23, 2024, 02:27:38 AM
 #42

This would just be yet another attack on Bitcoin sponsored by those who hate Bitcoin and like the rest it would not hold much water. Bitcoin has proven to be here to stay and no individual, organization or country can bring it down.

Try making a quick search on those attacking Bitcoin you would see a long list even from religious leaders, but none has achieved their malicious aims. Bitcoin controls the market even if we want to ignore that it is the truth. The bull run happening now would depend on how Bitcoin does, that is how strong the impact of Bitcoin is already.

Nobody cares about what Ripple says. It's a centralized "shitcoin" anyways. Between Ripple (XRP) and banks, there are no differences. They're practically the same. Bitcoin is the one that will render these entities obsolete if it continues to rise all the way to glory. Some countries have even gone as far as adopting BTC as legal tender, so there's a high chance it will be used on top of Fiat in the future.

Ripple and team are only spreading FUD to negatively-impact market prices to buy more BTC at a discount. JP Morgan CEO Jamie Dimon did it, US Senator Elizabeth Warren did it, and even Warren Buffet himself. They will still hate Bitcoin even if it becomes legalized worldwide. The question is: Are we going to pay attention to these FUDsters? Or are we going to keep supporting Bitcoin no matter what? Time has proven these people wrong with BTC reaching a new milestone every 4-5 years. Fiat currencies will collapse due to constant money printing (inflation) by central banks. It should only be a matter of time before this happens. Just keep buying and "hodling" BTC, and forget about the rest. Cheesy

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March 23, 2024, 03:33:07 AM
 #43

My guess in what will happen in the future is that ripple tried to attack Bitcoin but it isn't successful and the reason why ripple attack Bitcoin is to gain popularity but the results is different where Bitcoin gained more attention and popularity to people and ripple are now hated by many people because of attacking Bitcoin. In my opinion, I think they should have used that money for improvement and other things that could be useful for ripple's future instead of using it to pay Greenpeaceusa to attack Bitcoin.
I am still curious why Ripple is still in the top 10 highest market cap. Only what they are driving to stay at the top 10 is price manipulation and now you hear this, how dare they attack the King, lol. By doing this, they are just destroying their already destroyed image.

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March 23, 2024, 03:39:32 AM
 #44

Nobody cares about what Ripple says. It's a centralized "shitcoin" anyways. Between Ripple (XRP) and banks, there are no differences. They're practically the same. Bitcoin is the one that will render these entities obsolete if it continues to rise all the way to glory. Some countries have even gone as far as adopting BTC as legal tender, so there's a high chance it will be used on top of Fiat in the future.
I am not Ripple fan and enthusiast so I see them like this.

They are pioneer to fight against SEC and actually won against SEC. It is one of very first foundation for blockchain and cryptocurrency industry to more seriously stand up and fight against over power use of SEC recent years. With this point of view, Ripple should be given a round of applause.

A second view of mine, is Ripple is centralized and they are not different than banks or in future CBDCs technically. However it is commonly seen with many altcoins, not only Ripple. I don't say Ripple is good in decentralization but if saying Ripple is the enemy of this industry, I really disagree. There are many altcoins like Ripple and people attack Ripple perhaps because it is one of top altcoins.

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March 24, 2024, 08:51:56 AM
 #45

I wouldn't say "biggest enemy" but Ripple guys have had their share of animosity towards bitcoin. During 2017 spam attack, they were one of the participants that funded the attack to flood the mempool with garbage transactions increasing the fee and making it hard for bitcoiners to use bitcoin. I wouldn't be surprised if some day we find more evidence of their involvement in the most recent spam attack against bitcoin under the codename Ordinals.
I didn't know that Ripple stood behind 2017 spam attacks on Bitcoin mempools. I only knew these spam attacks mainly come from Roger Ver and B Cash team.

Mother of all spam attacks on bitcoin network! proof? I searched and found some topics, this one is yours and no information about Ripple.

A History of Bitcoin Transaction Dust & Spam Storms. Lopp wrote that article with long history of spam attacks on Bitcoin mempools and no information about Ripple engagement.

Could you share any document, link about Ripple engagement in 2017 spam attacks?

R


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March 24, 2024, 10:32:37 AM
 #46

Nobody cares about what Ripple says. It's a centralized "shitcoin" anyways. Between Ripple (XRP) and banks, there are no differences. They're practically the same. Bitcoin is the one that will render these entities obsolete if it continues to rise all the way to glory. Some countries have even gone as far as adopting BTC as legal tender, so there's a high chance it will be used on top of Fiat in the future.
I am not Ripple fan and enthusiast so I see them like this.

They are pioneer to fight against SEC and actually won against SEC. It is one of very first foundation for blockchain and cryptocurrency industry to more seriously stand up and fight against over power use of SEC recent years. With this point of view, Ripple should be given a round of applause.

A second view of mine, is Ripple is centralized and they are not different than banks or in future CBDCs technically. However it is commonly seen with many altcoins, not only Ripple. I don't say Ripple is good in decentralization but if saying Ripple is the enemy of this industry, I really disagree. There are many altcoins like Ripple and people attack Ripple perhaps because it is one of top altcoins.

Beyond what you said and we need to think a little more. What is the purpose of Ripple spending billions of dollars to attack bitcoin and what benefits do they get behind it? We all know that bitcoin is the king of the cryptocurrency industry and the entire cryptocurrency industry depends on bitcoin. If bitcoin crashes, no project can survive and even the cryptocurrency industry will cease to exist. So there is no reason for Ripple or any altcoin to try to destroy bitcoin. Why don't we think that this is an action from outside to disrupt and aim to sabotage the cryptocurrency market?

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March 24, 2024, 11:05:21 AM
 #47

I don’t get it, FUD in Bitcoin is just about FUD in crypto at large. So why would he do that. Also, why try to fight with something that brought you into existence? Bitcoin brought about all cryptocurrencies today, and you’re picking a fight with the big guy? I don’t see a need for this because every cryptocurrency has its unique features; Ripple can never be Bitcoin.



 

 

 

 

 

 


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March 24, 2024, 01:15:09 PM
 #48

Right but i don’t think Ripple can success there target of damaging bitcoin. Bitcoin's market cap is not an easy task to kill in Bitcoin. And with the amount of popularity that Bitcoin is gaining day by day, these attacks will make Bitcoin more popular because when people see that Bitcoin is in a very strong state despite such attacks on Bitcoin, then people's confidence in Bitcoin will increase and people will start investing in Bitcoin more blindly. will do so I think such an attack or attack plan will bring a positive result for Bitcoin ha ha ha
Purpose of attacks on Bitcoin is not always to bring it down. They know that is impossible at this point. Sometimes the point is to advertise their own shitcoin. If you recall 2017 or search the news the term "flippening" was trending from centralized shitcoins that were trying to take advantage of the spam attack (some even funded it) so that they could hype their own coins up and pump them to make a big profit.

In case of Ripple, one goal they always had was to sell their tool (Ripple not XRP) to banksters as a blockchain protocol "better" than Bitcoin and make some money.

Could you share any document, link about Ripple engagement in 2017 spam attacks?
Unfortunately not. Just saying from memory. There were a lot of discussion back then about those who were funding the attack and some guys on reddit who followed the money were presenting some links to altcoin creators like Ripple, Ethereum and Dash.

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March 24, 2024, 01:35:55 PM
 #49

I don’t think so. Ripple is super far from bitcoin and in my opinion it will not reach the 30% of bitcoin. Despite the down of bitcoin it doesn’t reach bitcoin. So ripple is not the biggest enemy of Bitcoin, i would say Ethereum has a chance but who knows, only time will tell.

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March 24, 2024, 04:38:13 PM
Last edit: March 24, 2024, 04:50:56 PM by cr1776
 #50

Not just Ripple, but Greenpeace itself.  The fact that Greenpeace isn't honest and doesn't like bitcoin is really no surprise:  Greenpeace has never been a fan of freedom and has long been a toady to authoritarians, statists and totalitarians around the world.  They love the surveillance state because they can use it to control everyone.  I don't think anyone seriously expected them to have an objective, balanced report on bitcoin given that bitcoin is a tool for freedom and not for authoritarians.

Ripple, Ethereum, etc are all centralized, non-censorship resistant, pseudo-crypto that don't provide 90% of the benefits of bitcoin.
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March 24, 2024, 09:34:07 PM
 #51

No one cares about Ripple anymore. Millions of XRP bagholders curse them every day. Chris can spend as much money and propaganda as he wants, but at the end of the day he will see that it won't work. They can spend all the money they want, they can't harm Bitcoin in the slightest. Bitcoin has so quickly imposed itself on even the biggest governments that there is nothing standing in its way.

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March 24, 2024, 10:31:19 PM
 #52

How is this an attack? And how is greenpeace being against PoW some kind of news?

Anyone can change code and make a fork, and anyone can try to change minds on what fork to use. This is nothing... remember the block size war? It was part of bitcoin development, and we probably see people dividing in the future too. It's a part of normal development with consensus.

Strong consensus is what drives the bitcoin, if that consensus can be changed by someone talking (or fudding) and changing minds of people, it wasn't really consensus we deserve to begin with.

Ripple is not relevant anymore, and i wonder why it hasn't died already, but they might honestly believe same values as greenpeace does. Wanting to change the code isn't a conspiracy against bitcoin though. There are numerous other people in this planet who honestyly dislike PoW and want to do something about the huge energy consumption of it. And people donate to greenpeace all the time. Greenpeace doesn't even really "Hate" bitcoin, in fact they used to accepted bitcoin donations in the past, before idea of PoW become too problematic for them.

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March 24, 2024, 11:26:14 PM
 #53

GreenpeaceUSA Was Paid By Ripple To Attack Bitcoin



https://cryptodaily.co.uk/news-in-crypto/bitcoinik:greenpeaceusa-was-paid-by-ripple-to-attack-bitcoin-really#:~:text=In%20March%202022%2C%20Ripple%20joined,million%20to%20run%20that%20campaign.
 
This is the person https://twitter.com/chrislarsensf who spend more than 5M$ to attack bitcoin. Problem is he work for a multi billion $ company Ripple, Imagine if Ripple with billion of $ want to attack to btc.
You can at least go on that person's twitter and tell them what they deserve, link:  https://twitter.com/chrislarsensf

as many have already said, no amount of propaganda or virtue signaling is gonna put bitcoin down in the number one spot, at least not anytime soon. Bitcoin has claimed its throne amidst the adversity, especially during the years of 2014-2015 when it's literally anybody's game and bitcoin's name isn't more famous as say, Ethereum or other cryptocurrencies at the time. And I don't need to tell you how secured bitcoin was right now that they could afford to tank a lot of these propaganda articles without so much as a scratch on its coin valuation. They are gucci so to speak.

Ripple on the other hand has been trying its hardest to claim some sort of spot in the upper echelons of the crypto community. Unfortunately, the only thing that XRP ever claimed throughout its lifetime are shame and allegations as a lot of people in the past have strayed away from XRP denoting its ponzi-like setup, meanwhile bitcoin has practically beaten the ponzi allegations for itself.

So yeah, nobody's afraid of this, no one's gonna believe in green peace and nobody has believed in them for a very long time now after they literally focused on pandas instead of preservation of much more worthy wildlife out there. Bad call from XRP if this was true too lol.

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March 25, 2024, 03:25:56 AM
Merited by DooMAD (2)
 #54

Is Ripple even still relevant? Thought it's on its own way to zero like the rest of the altcoins. Its creators should really stop wasting their scamming profits on trying to pump it one last time and just let it die.

The Ripple creator is the one paying Greenpeace to commit eco-cide against Bitcoin.

Fortunately, I have an answer to that.

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March 25, 2024, 11:01:30 AM
 #55

Quote
Ripple Is biggest Enemy of Bitcoin

As far as I know, Ripple is still involved in a lawsuit with the SEC. How do they have enough time to find a way to destroy bitcoin when they are still not sure of their existence? Also, how does it benefit them and the crypto industry? I think these are just false rumors, unverified and therefore unreliable.

Many people seem to hate Ripple because they are a centralized altcoin but they forget that Ripple's effort and victory against the SEC was a huge achievement in helping the cryptocurrency industry be taken more seriously.

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March 25, 2024, 12:18:12 PM
 #56

I am not Ripple fan and enthusiast so I see them like this.

They are pioneer to fight against SEC and actually won against SEC. It is one of very first foundation for blockchain and cryptocurrency industry to more seriously stand up and fight against over power use of SEC recent years. With this point of view, Ripple should be given a round of applause.

A second view of mine, is Ripple is centralized and they are not different than banks or in future CBDCs technically. However it is commonly seen with many altcoins, not only Ripple. I don't say Ripple is good in decentralization but if saying Ripple is the enemy of this industry, I really disagree. There are many altcoins like Ripple and people attack Ripple perhaps because it is one of top altcoins.

Of course. Around 90% of altcoins are centralized. It's the reason why SEC chairman Gary Gensler believes they are securities. ETH is now owned by businesses and corporations after the switch to PoS. Not to mention, it established the EEA (Ethereum Enterprise Alliance) beforehand. XRP is and has always been owned by Ripple, Inc (even though they claim the XRP Ledger is decentralized). The company has many partnerships with banks, so it's normal to see it attacking Bitcoin with its comments. Any bank would do the same.

I wouldn't be surprised if a US CBDC uses the XRP Ledger as its backbone in the future. The cryptocurrency will soar towards new heights, but it will never surpass BTC in market cap. The "King of Crypto" simply can't be beat. If it wasn't for BTC, none of the coins we know and love today would've existed. Kudos to Satoshi for making the best money in the world. Cheesy

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March 25, 2024, 12:34:30 PM
 #57

This is the person https://twitter.com/chrislarsensf who spend more than 5M$ to attack bitcoin. Problem is he work for a multi billion $ company Ripple, Imagine if Ripple with billion of $ want to attack to btc.
You can at least go on that person's twitter and tell them what they deserve, link:  https://twitter.com/chrislarsensf


OP don't fantasize about the Billion's attack on Bitcoin when it's already trillions sike..


I don't think so a shit coin like XRP is worth it to be discussed with Bitcoin and how a shitcoin can be the enemy of Bitcoin I've experienced the timeline of the entire environmental anti-Bitcoin narrative backed by the XRP officials and at the same time the hate comments and controversies blah blah.

XRP was shit for me from the last Bull run haha, you can say that from the time when I realized the facts of the crypto market and Bitcoin, still I'm learning about Bitcoin, especially about its economic effects and growth potential. I would say ignore such shit.

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March 25, 2024, 01:16:59 PM
 #58

Ripple is just a company with a silly centralized token for banks. It's fiat except even worse because it's not controlled by a nation but by a company, and the supply is largely owned by the founders. Ripple can try to make Bitcoin sound bad by trying to link it with the right wing loons and fossil fuels, but Bitcoin is taking over the world and promoting strong finance for people and more and more is going to be using wasted energy and renewables. Ripple is just spitting into the wind and their spit is going to fly back and hit them. XRP is pointless, Bitcoin is humanity's money for the digital age.
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