Quote from: Abiky on December 06, 2024, 09:36:51 PM

Quote from: reljjh on December 06, 2024, 03:35:44 AM

Yes, I don’t pay attention to centralized shitcoins. If any problems occur in the business organization that runs it, the bubble will burst. Who will store money here for a long time?

Exactly. Would you imagine Ripple (the company) selling all of its XRP holdings (currently the largest holder of all XRP in circulation)? Or Ripple going bankrupt in the future? It will mark the end of XRP as we know it. Why? Because it's centralized. Not like Bitcoin, Litecoin, and the others which aren't tied to a corporation or individual. These are community-oriented projects, widely-supported by people worldwide.

As far as the XRP Ledger goes, nodes/validators are mostly under the control of Ripple, Inc. They should make the network more open to anyone if they want XRP to become truly-decentralized. Ripple should also leave its holdings in the hands of the community to avoid any ties with the project. If it does that, XRP will be sailing on smooth waters. For now, Stellar/Lumens (XLM) remains a better XRP alternative because of its decentralized design. It's just that people haven't realized its true benefits yet. The time will come when XLM will rise to the moon. Who knows what will happen in the future?

The main issues on what XRP do really have..

1. Pending cases
2. Issues of being too centralized
3. Dev selling etc..
4. Thoughts on having no chance of recovery in regarding into its price.

But look at on where we are now? Where are those people who had been saying that XRP is doomed? Trying to look at on those price speculations saying about $10 - 17 price per coin on which we know that it is already that too unrealistic. So far for those people who do believe that on XRP's future did really end up on being profitable but thats if they do able to hold up their position for too long. If we do try to look up on how long XRP had been stagnant when it comes into its price then it could really make someone do lost up its cool and patience on holding it.

We do have our own choice of coins whether its centralized or decentralized, it doesnt matter as long it can give out that potential profit then this what matter the most.
I dont see anything that do causes up for XRP's doomed condition but instead we are seeing some good exposure as of this moment.