IllmaticHandler wrote:IAmTheBest wrote:IllmaticHandler wrote:
My dude...people are investing a bunch of **** that won't give you returns...so singling out ripple doesn't mean much. And Honesty some of the most people that got rich this year was because of the gains ripple bought them.
Also you have waaay to much faith in the security and stability of crypto, to be saying there will be nothing wrong with keeping your ALL your money inside of it.
100,000 in crypto will never consistently hold the same value as a 100,000 in a bank as a means of holding money. All Bubbles Burst. Cypto wont escape that.
i mean there is a big difference between ripple and those shietcoins that wont give you any return.
Ripple is a top 3 marketcap entity that people buy into for a more stable asset - akin to ethereum and bitcoin
those garbage coins that people buy into are purely hail marys...low market cap with huge potential for growth.
basically ripple isnt there to catch lightning in a bottle at this point. and if it's not there to skyrocket, then the question becomes why invest in ripple when you can invest in something like ethereum or bitcoin?
life savings all in crypto is far from ideal, but it's doable. it's hard to imagine 50/50 bitcoin and ethereum falling to zero or something
not saying you cant make gains with ripple. i'm sure you can. just saying why a lot of people arent into it
I mean if your Honestly being objective and have done research on ripple. You know that way to MANY people are against it for philosophical reasons. What people say about Ripple growth, can be applied to so many coins that took off to places that no one was thinking they can reach.
People attack ripple across the net for philosophy more than anything to me. They want nothing to do with a "centralized" coin. Like the dude said in the video that was posted by him ...it goes against everything this space is supposed to be about. So when you make those statements its not about gains it about philosophy. Its the same reason people want XLM to win over XRP.
IllmaticHandler wrote:IAmTheBest wrote:IllmaticHandler wrote:
My dude...people are investing a bunch of **** that won't give you returns...so singling out ripple doesn't mean much. And Honesty some of the most people that got rich this year was because of the gains ripple bought them.
Also you have waaay to much faith in the security and stability of crypto, to be saying there will be nothing wrong with keeping your ALL your money inside of it.
100,000 in crypto will never consistently hold the same value as a 100,000 in a bank as a means of holding money. All Bubbles Burst. Cypto wont escape that.
i mean there is a big difference between ripple and those shietcoins that wont give you any return.
Ripple is a top 3 marketcap entity that people buy into for a more stable asset - akin to ethereum and bitcoin
those garbage coins that people buy into are purely hail marys...low market cap with huge potential for growth.
basically ripple isnt there to catch lightning in a bottle at this point. and if it's not there to skyrocket, then the question becomes why invest in ripple when you can invest in something like ethereum or bitcoin?
life savings all in crypto is far from ideal, but it's doable. it's hard to imagine 50/50 bitcoin and ethereum falling to zero or something
not saying you cant make gains with ripple. i'm sure you can. just saying why a lot of people arent into it
I mean if your Honestly being objective and have done research on ripple. You know that way to MANY people are against it for philosophical reasons. What people say about Ripple growth, can be applied to so many coins that took off to places that no one was thinking they can reach.
People attack ripple across the net for philosophy more than anything to me. They want nothing to do with a "centralized" coin. Like the dude said in the video that was posted by him ...it goes against everything this space is supposed to be about. So when you make those statements its not about gains it about philosophy. Its the same reason people want XLM to win over XRP.
If people are not investing in ripple
purely for ideological reasons, then I can agree with you that it doesnt make sense to ignore a potential money maker.
maybe i dont have the whole picture, but based on what Ive seen, many don't invest in ripple because of both the philosophy of ripple's system and the relative lack of explosive growth potential of ripple. That's the reason I don't invest in it too. If ripple's market cap ever shrinks back to pre-explosion levels I would invest in it to try to make a quick buck, but until then I'll stick with bitcoin, ethereum, and other altcoins.
I also agree that banks won't lose. To me banks are just another player with big guns in the crypto game. Because they are just another player, they dont need ripple to truly succeed imo. All they need to do is buy **** up and manipulate just like any other whale.
it's not about making sure that the banks lose or anything. it's about making sure I get mine, like rhodey stated.
the people who are going to lose out are the late/non-adopters with regards to the cryptocurrency market. the old system has been sucked dry and is saturated with tons of big dogs. those with relatively little amounts of capital, perhaps like you and I, face a grueling fight to make profits in the old system. that traditional financial system is overflowing and not too far away is the untouched oasis of cryptocurrency. Powerhouses from the old system will eventually make their way here with their overwhelming wealth and likely take control of this market too eventually. And they dont need ripple to do it since all they need is cash to shake down weak hands in the market. but for now there are still openings for the everyday person to seize this great opportunity.
basically this a volatile market where the loser will be anyone who panic sells. in that is precisely the reason it is so volatile - because there are so many average joes looking for get rich quick schemes that the market is flooded with easily exploitable investors with no conviction.