XRP has very little value when their competitors can offer the same exact services without the need for a native asset.
Ripple’s core competition are the new breed of ‘permissioned’ blockchains that have been developed by Hyperledger, JP Morgan and R3 Corda. These blockchains do the same things as Ripple, offering to trade financial assets on the blockchain without high costs.
But what Ripple’s competitors realized was that they could offer transactions without any fees by utilizing identity management in their blockchain service. This makes sense, as even Ripple designed the concept of ‘Trust Lines’ so that banks would only work with organizations they had previous relationships with. The permissioned blockchains just took this a step further and focused only on these trusted relationships. Without the native asset, of course.
The problem with XRP is that it’s not enabling any new features, but adding an additional cost that the competition does not have.
Topic: Future of Ripple - page 10. (Read 1500 times)
Ripple is a company which operates a (broken) Database. XRP has nothing to do with blockchain tech.
The price can be anything, whatever the company set it at. It is literary a gauge how big a fool can be found to support the certified scam.
Ripple investors take full advantage of xrp buyers nativity, ill-information or stupidity that is why they invested in the company.
XRP in the long term is a disaster as inflation will catch up one day. About 10% of XRP is freely available to trade right now compared to over 80% of all Bitcoins.
Banks build there own competing Database Project Project Ubin (Just copied the code ) and or project jasper.
The price can be anything, whatever the company set it at. It is literary a gauge how big a fool can be found to support the certified scam.
Ripple investors take full advantage of xrp buyers nativity, ill-information or stupidity that is why they invested in the company.
XRP in the long term is a disaster as inflation will catch up one day. About 10% of XRP is freely available to trade right now compared to over 80% of all Bitcoins.
Banks build there own competing Database Project Project Ubin (Just copied the code ) and or project jasper.
In my opinion banks are interested in private blockchains, not the public ones. So ripple is of interest just like technoligy, not the cryptocurrency. Moreover banks like stability, but not such kind of volatility.
I am currently seriously interested in the prospects of Ripple.
Therefore, I join the author of the topic. What can be said about the dynamics of Ripple?
2017 was a very ambiguous to rate of this cryptocurrency.
Therefore, I join the author of the topic. What can be said about the dynamics of Ripple?
2017 was a very ambiguous to rate of this cryptocurrency.
Probably, it will reach $1 by the end of the year
I heard a lot of banks around the world start accepting it.
Really? If that's true.. no wonder the price moving up so high until nowadays, I just knew it right now. It turns out ripple is the one of altcoin that was really supported by many parties besides for investing in a long terms by investors.
Well I think it's no doubt anymore, that the ripple will still having a potential price that tends lead to the height as time passes. And this is certainly can be used as a promising investment material for us.
Yeah its true, Ripple provides fastest way of transactions between banks so I think Xrp has a bright future ahead, that's why banks chose ripple instead of btc.
https://www.cryptocoinsnews.com/south-korea-pushes-ripple-price-71-japanese-banks-conduct-payment-trials/
I heard a lot of banks around the world start accepting it.
Really? If that's true.. no wonder the price moving up so high until nowadays, I just knew it right now. It turns out ripple is the one of altcoin that was really supported by many parties besides for investing in a long terms by investors.
Well I think it's no doubt anymore, that the ripple will still having a potential price that tends lead to the height as time passes. And this is certainly can be used as a promising investment material for us.
Let's say it might hit 2 USD very soon... and yes, It is most definitely a good coin to hold long term. It's transactions are quite faster compared to other altcoins even bitcoin. I am hoping that coins.ph will soon introduce Ripple to our folks here.
Ripple is just going up and up, what is the future of ripple. I heard a lot of banks around the world start accepting it.
What would be its price in future.
What would be its price in future.
Thats correct, they are targeting the banks
Ripple is just going up and up, what is the future of ripple. I heard a lot of banks around the world start accepting it.
What would be its price in future.
What would be its price in future.
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