Why Ripple is sich a dangerous coin

[Curious T]

You are very wrong because Rupple is indeed an enemy of Bitcoin, it takes important parts of Marketcap away from Bitcoin and Garlinfhouse knows it very well how dangerous Rippel is for Bitcoin.

First off, you are still making the same mistake other people in the thread have corrected. Ripple is the company that created and own the coin. The coin is called XRP. So if you are talking about the coin, you should say "XRP". It's when you're talking about the company that you can say "Ripple"

Secondly, I'm sorry but "taking important parts of market cap away from bitcoin" is not how you measure an enemy or threat to Bitcoin. A coin is a threat only when it has better features than bitcoin, and when I mean better features, I don't just mean faster confirmation time or lower fees. I'm talking about the whole ecological set-up and security of Bitcoin.

By your logic, then every coin out there is a threat to Bitcoin because they all take "parts of the market cap" away from Bitcoin. It's funny because XRP's market cap is about 3% of Bitcoin's market cap, and this is at a point when Bitcoin is relatively low. How do you not see that XRP is in no way a danger to bitcoin? If I may ask, in what way do you think XRP can be a danger to Bitcoin?

[Mpamaegbu]

As far as I know, Ripple is a preferred choice for financial institutions because it was designed specifically for that purpose.

I believe that "financial institutions being onto it" angle was what got people hooked to XRP in the first place and kept it floating even while its case in court lasted. I don't know why I haven't been able to come around liking that coin. It's one of the top on the list coins (including ETH) that I don't fancy investing on till date. That dragged controversy and certain reads of it being a shitcoin and all that pissed me off at the early stage of my introduction to cryptos. I've yet to recover from that distrust. LTC is another coin that's fading in my eyes too.

[retreat]

Ripple is exactly the opposite why Bitcoin is such a strong and decentralized coin.
A centralized coin like Ripple is a big danger for a decentralized coin like Bitcoin.

Just because it's a shitcoin with all sorts of dodgy stuff behind it, that doesn't mean Ripple could pose a "big danger" to Bitcoin. There are so many shitcoins out there, far worse and more worthless than Ripple, but that means nothing – at most, the ones who end up suffering the most are the people who invest in these projects – let's just say it's their own stupidity for placing so much trust in shitcoins. As for Bitcoin, from any perspective, it won't be affected by these shitcoins.

[Odohu]

Ripple is exactly the opposite why Bitcoin is such a strong and decentralized coin.
A centralized coin like Ripple is a big danger for a decentralized coin like Bitcoin.

Just because it's a shitcoin with all sorts of dodgy stuff behind it, that doesn't mean Ripple could pose a "big danger" to Bitcoin. There are so many shitcoins out there, far worse and more worthless than Ripple, but that means nothing – at most, the ones who end up suffering the most are the people who invest in these projects – let's just say it's their own stupidity for placing so much trust in shitcoins. As for Bitcoin, from any perspective, it won't be affected by these shitcoins.

I don't even know how they conceive the idea of Ripple and Bitcoin rivalry. Both of them are different coins amd serving different purposes and there is nothing in competition with Bitcoin, not even the numerous forks of Bitcoin that turned ahitcoins. Ripple is not as bad as its being painted in this post, it is just one of the altcoins that people can invest some fraction of their money in and hope to profit from the hype.

[Conqueror777]

Here is why Ripple is such a dangerous coin.

Ripple is a strong coin lead by Scammer and fraudster Brad Garlinghouse, who is responsible for Ripple shil tactics and by promising of Ripple as a legit coin, which it is not.

Ripple is only good in Marketing where a shill armys of Ripple bagholders does fraudulent Shilling strategies.  

Ripple is a strong and centralized coin making it as a competition to Bitcoin, which in opposite to a centralized Ripple coin, Bitcoin is truly decentralized.

Ripple is exactly the opposite why Bitcoin is such a strong and decentralized coin.
A centralized coin like Ripple is a big danger for a decentralized coin like Bitcoin.

sources? Or is it "trust me bro"?