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Devil's Advocate

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Happy New Year Everyone!

Great forum and discussion here... While I am getting a good grasp of the bullish potential of Ripple XRP, I am also wondering what's the potential downside?

For arguments sake, what makes Ripple go the other way, to the bear?  What's the story look like for Ripple to fail?  Again I'm inline with the bullish commentary here but feel it's important to be able to see both sides prior to further investments.

Thank you!

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10 minutes ago, misterford said:

Happy New Year Everyone!

Great forum and discussion here... While I am getting a good grasp of the bullish potential of Ripple XRP, I am also wondering what's the potential downside?

For arguments sake, what makes Ripple go the other way, to the bear?  What's the story look like for Ripple to fail?  Again I'm inline with the bullish commentary here but feel it's important to be able to see both sides prior to further investments.

Thank you!

I will suggest overly restrictive regulation would be one thing that could cause xrp to lose value. 

I don't see Ripple as a company failing unless something illegal goes on. 

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26 minutes ago, misterford said:

Happy New Year Everyone!

Great forum and discussion here... While I am getting a good grasp of the bullish potential of Ripple XRP, I am also wondering what's the potential downside?

For arguments sake, what makes Ripple go the other way, to the bear?  What's the story look like for Ripple to fail?  Again I'm inline with the bullish commentary here but feel it's important to be able to see both sides prior to further investments.

Thank you!

What are some of the things you're worried about?

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13 minutes ago, LordVetinari said:

I will suggest overly restrictive regulation would be one thing that could cause xrp to lose value. 

I don't see Ripple as a company failing unless something illegal goes on.

Which regulation do you have in mind? I cannot think of any regulation that would harm it, but rather benefit. 

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It's worth noting that David Schwartz himself reflected on potential risks to Ripples success. Nothing to be overly concerned about since Ripple is years ahead of competition and has 100+ employees trying to prevent any of these scenarios happening. 

Here's the link:

 

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1 minute ago, nav said:

It's worth noting that David Schwartz himself reflected on potential risks to Ripples success. Nothing to be overly concerned about since Ripple is years ahead of competition and has 100+ employees trying to prevent any of these scenarios happening. 

Here's the link:

 

This logic can be applied to any crypto in existence... I don't see the point in worrying about that. I would rather worry about interior doubts as in, if ripple can actually achieve the goals it has set for itself. 

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1 minute ago, Storm8559 said:

This logic can be applied to any crypto in existence... I don't see the point in worrying about that. I would rather worry about interior doubts as in, if ripple can actually achieve the goals it has set for itself. 

Yep agreed, nothing to be overly concerned about. 

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Guest
4 hours ago, Storm8559 said:

 

4 hours ago, nav said:

It's worth noting that David Schwartz himself reflected on potential risks to Ripples success. Nothing to be overly concerned about since Ripple is years ahead of competition and has 100+ employees trying to prevent any of these scenarios happening. 

Here's the link:

 

Thanks guys, this is what I was wanting to see.  Just doing some due diligence. 

Edited by Guest

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