Topic: Is ripple going to overtake bitcoin ? - page 6. (Read 905 times)

Is possible in terms of credibillity and stability but not in value.If Bitcoin crash which is near impossible, then Ripple will be the favorite of crypto currency because governmetn and banks have already vouch for it.

You got some strange ideas in your head about bitcoin.

Bitcoin is not democratic. There are no bitcoin elections. You do not have a say in how it’s developed, mined or exchanged for fiat. It does not favor social equality and it is not egalitarian in any way. The only way I can see bitcoin mimicking any current democracy is that the very small minority of rich people control all of the wealth.

Bitcoin is nowhere near decentralized. 99.995% of the humans on the earth have no idea how to code C++ and think internet protocols are those red marks you get on your genitalia when you masturbate to internet porn. These people rely on the 0.005% that do understand it to tell them bitcoin is working fine. That leaves development completely centralization. Most people (even computer savvy people) on this forum still have no idea how Ripple works.

Mining (bitcoins security system) is in the hands of a very few wealthy mining consortiums (based in some of the most oppressive countries in the world, btw) that meet regularly to determine the future of bitcoin. This small group is so powerful that they were able to stop a necessary blocksize increase from happening. That’s a more centralized system and has far fewer members than the US governments executive office of the president which has over 4000 people working there.

Bitcoin exchanges are limited to one or two separate entities located in a small handful of countries and have proven to be the most manipulative component of the bitcoin ecosystem. BTCe and MtGox manipulated and robbed tens of thousands of people worldwide. Coinbase (americas powerful bitcoin exchange) is in the middle of an internal audit because they discovered insider trading happen right under their noses. That is the least decentralized part of the whole system.

You need to get those crazy notions out of your head, wake up and smell the roses because they smell like shit.

Looking on the recent situation it can! but only for short time while Bitcoin stands still. No one could imagine such hype of billion coins.

Ripple is being pumped massively. I don't think this is real value for one coin. Ripple's goal is to achieve better CENTRALIZED system, something that we all got into crypto to stay away from. I don't even see  how can someone invest into something like that.

It is not possible is ripple overtake the bitcoin. Ripple can not overtake BTC in near future also be patience ripple buble is bust and it will be back again. bitcoin is always no.1.

In the present scenario of competitive market; cut throat competition the rule of survival of the fittest applies to the market players.  Where market players kills other player without mercy.  There was a time when almost all were wearing wrist watches ; the watch which has been brutally murdered by mobile cell phones which serves the purpose of time check also.  In the past we could not have imagine the death of wrist watches. 
So with the passage of the time what will happen no body can imagine presently.  But seeing the fundamentals ; expectations / preference of the market players it seems very difficult for ripple to overtake bitcoin due to the decentralized nature of bitcoin as ripple is almost centralized ownership. 
I see the kingdom of bitcoin without challenge in future several years.

BTC is in a unique position. Ripple can't overtake bitcoin. I don't think it will go even near to it. After few days ripple will go back to third place.

The ripple is really doing well and capturing investors interest but crossing btc is not possible rather it seems funny.Many altcoins pump with same boost but this is all a temporary one whereas bitcoin price boost is forever so dont comapre this to such a currency. It is also a centeralized currency which make it less profitable and less growth so be practical man.

Bitcoin price is at $14500 where as Ripple is at $3.76. Ripple share is around 19% where as bitcoin`s share is around 50%. How comparison is possible. It is impossible for ripple to overtake bitcoin by any way.  Bitcoin have more transactions/ movements as compared to any cryptocurrency currently operating in the market. Ripple is a centralised currency so it may get manipulated or influenced by regulating authority. Bitcoin is a decentralised currency, no third party interference is possible, and because of this people are investing in bitcoin currency.

It's just a hype and it would never goes longer, it will stop sooner or later. Not that i hate the ripple as a crypto but as i have observed since the first time i have been in crypto, there are sometimes that a particular crypto gets the limelight and the price and the trading volume as well goes crazy like what happened to TRUMP coin wayback before. The ripple thing is just temporary.
Well, that's my humble opinion only.

It is hard to accept. I think that most of the Ripple investors are those that are skeptical about decentralization. Again, it includes people that wants to join crypto investment through the back door. I think ripple's dominance may not last long until ethereum and its likes displace it. So don't be upset, it is a matter of time

It's possible but it is like thinking that a new challenger will take over on the Kind of Crypto which is pretty much not good to think as a trader. As a trader myself that Ripple will become #1 in terms of coin market cap as porfitability of Bitcoin might get slowed down by it as the participation of most of the traders will now be divided as in this scenario the kings of crypto has been uncrowned.

yes, I really agree with you, that today ripple lags far from bitcoin, so it will be hard to chase bitcoin.

That is not impossible to happen right now. Specially ripple is now starting to make its name in the business. It already surpass ethereum as the second cryptocurrency next to bitcoin.

Well, Ripple has a great platform for banks to compete with Bitcoin but again it's not the idea of decentralization and hence doesn't fall under the category of democratic cryptocurrency such as Bitcoin. On the other hand, I do see growth opportunities of XRP if someone is willing for speculative gains out of it. I don't think it's going to overtake Bitcoin in any way because, at any given point, decentralized power would be much more than the centralized power and we will see multi-fold increase in Bitcoin user base along with the improvements in core areas such as transaction fees.

not at all. i don't believe that ripple overtakes bitcoin. but now ripple position is better than before.  now ripple position is 2nd. but i believe bitcoin is the number one currency all the time being.

At this time, i think very impossible to overtake bitcoin,l. too early, even riple backed by government or bank

yes, i see ripple has a pretty good development up to now, and it seems to be going up high. but will not pursue BTC.

What do you think mate? Xrp will replace bitcoin at the top or not? I think you know the answer already you only see xrp increase 400× then you did this question. Bitcoin progress cant beat any altcoin, yes, i am bitcoin supporters but i also invezting in altcoin for additional income.

No that's not going to happend, people are just crazy about ripple going up and they are throwing load of money hoping to make some profit