Ripple price is just 0.25 but bitcoin is already expensive,, and since many experts are saying Ripple will be larger than anything ever seen, so do you think it's a good idea to get our hands on this Ripple? Experts suggestion needed. thanks
The price of an individual coin isn't relevant. You need to look at total coin supply as well. That is, you need to look at marketcap.
so you guys mean investing in ripple is a bad idea because it's price is lower now?
You haven't read the replies. Ripple is like digital fiat that can be manipulated and inflated at will. Some banks are already adapting to use blockchain verification with fiat transfers. How is Ripple going to compete with that? The average user will either choose the most valuable crypto (Bitcoin) or a more anonymous one (Ethereum) or Fiat with Blockchain transfers. Ripple has no target audience.
Don't agree, sorry! Ripple has a huge target audience, and XRP is not simply digital fiat. Ripple's RCL makes international bank transfers very quick and very cheap. XRP is the native token to the ledger. Banks don't absolutely
need to use XRP to use the RCL, but XRP has no counterparty risk, and is the cheapest way to do it... I'm not an expert, but it seems likely to me that banks will use XRP. Ripple just needs to build liquidity in the relevant transaction corridors. This is potentially a huge market, and the current system is riddled with inefficiencies and is begging for improvement. For many currencies, you can't just go a->b, you have to go via c and d first. Ripple and XRP can make this near-instantaneous and extremely cheap. This solves a genuine and pressing real-world problem, and at present Ripple has no credible competitors.