High supply of coins and non participatory in implementing its projects For example in begging of 2017 it added of coin supply without informing people which reduced its value and price and cause loss to people.
It's a good option for long term investment.
I would trust it more than bitcoin.
Pros
1.) Fast Payments.
2.) Cheap Transactions.
3.) Ripple's services used by banks and other payment service providers.
4.) More and more banks and payment service providers are testing it and will eventually adopt it.
5.) Strong business model and a good history of implementation.
Cons
1.) Not as decentralized as a cryptocurrency should be.
2.) Has decentralized competitors like stellar(XLM).
From investment perspective it has been real good for early investors. With such low transaction time it may be favoured by many to use it more. Overall a good token for payment purpose for general use. Also backing of banks to use the Ripple network for International funds transfer should make people more aware oof it and increase adopters.
Pros
One of the fastest transaction execution time. With quite a few banks already willing to use its network provides authenticity to the project. Also recent tie up with Lian Lian(Vhinese payment provider) may foster its growth.
Cons
May not be considered as a cryptocurrency in truest term by many. Banks and other institutions may try to build similar mechanism of their own which might affect it (though I personally don't think it will matter much).
Why am I giving full stars to Ripple is regardless of the negative hypes about centralized atmosphere and recent volatility. Those who have used ripple know that the transactions are instantaneous and a lot quicker than other currencies. Transaction fees are the least here. Besides, considering the future of any cryptocurrency, if any currency has to grow globally and spread within the mass, it must be capable to compute. In terms of computation, none can compete with the number of transactions ripple computes w.r.t. other currencies. So, if ripple spreads to every pocket tomorrow, it can handle to massive incoming transaction relation computational requirements where as, other currencies are still lagging behind. The negative hypes are triggered to generate fear due to lack of knowledge by competitive currencies and media is the most tangible platform to generate scams. Thanks to Revain, reviews are transparent. I'd suggest revain to expand their review and audit towards the mass media platform. There should be some one called - "News Inspector". Revain has the greatest chances right now. Thank you. I'd love to be on board with revain and contribute while making a living of my own. I already have demands so do not need to create any. A reply would be amazing as I am writing this here just to check if Revain actually does a thorough review or not.
Bad coin. Nobody knows where the tokens are good for. Banks are only interrested in the system behind it. It's the most central coin and not transparant.
XRP you guys need to make a better job of explaingig exactly how xrp fits into the whole banking system, and how banks will use the coin. I think you could have done a lot better at explaining, the funktionallity of the coin. So many convlikting stories out there about you guys and how the coin will be used... need to make it clear then need to get the message out there... Mabea it is out there but i need it to be in my face.
Pros
Seams like the banks are going to use the coin
Cons
I dont really understand the coin that well and how it will be used.