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Topic: Is Ripple the currency of the future? - page 65. (Read 7463 times)

sr. member
Activity: 1099
Merit: 267
January 21, 2018, 08:16:58 AM
I think this post here is needed 1 time for every site Smiley Smiley


https://ripple.com/dev-blog/decentralization-strategy-update/
jr. member
Activity: 120
Merit: 7
January 21, 2018, 08:09:19 AM
Maybe it won't be the cryptocurrency of the future but maybe it even doesn't have to be. I heard that in the future, you'll make some payments but you won't even realize that you make them with kind of cryptocurrency. So, I think of XRP as a "backend cryptocurrency." You might not see it and might not use it directly but perhaps, it will be tightly woven into our lives.

Ok, maybe the are not decentralized but it's something that banks want. I'm not sure if big men will just easliy allow us to take of their money and businesses.
full member
Activity: 182
Merit: 100
eHarvestHub
January 21, 2018, 08:05:49 AM
Ripple is looking minger to me. Because They aren't decentralized. They are centralized by banks. I know that Global Financing Crisis is maden by this banks and still we are suffering from them.
jr. member
Activity: 238
Merit: 3
ImmVRse | Disrupting the VR industry
January 21, 2018, 08:00:46 AM
Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?

i don't like ripple, ripple is centralised and just a leech who want to get power from every bank and man who has a power who want to control cryptocurrency
if your question ripple is the future ?
my answer is maybe yes because their target is bank from any countries
member
Activity: 157
Merit: 13
January 21, 2018, 07:47:09 AM
Centralization is the main thing which distinguish ripple from another cryptocurrencies. As banks usually want to use currencies which is under someones control and which is more predictable than decentralized ones, ripple will definitely become more popular among them. If more banks start using ripple, the more demand for ripple will be on the market, the higher the price of the ripple we'll see on exchanges. But becoming the global currency for the banks doesn't mean becoming the global currency for everyone. The main key of cryptocurrencies is decentralization so the community will probably choose another crypto or cryptos instead of ripple as a real global currency and will leave ripple for banks.
newbie
Activity: 70
Merit: 0
January 21, 2018, 07:38:39 AM
The gloom and doom sentiment is quite palpable. It always is during corrections. However, in the grander schem of things, the below chart shows how the current correction can fit. If the prior rise was wave 1 rise, then the current correction is a wave 2 decline. Which wave come after wave 2? Wave 3 and it sure won't be lower than wave 1! The next impulse will take Ripple (XRP) to $15.44 or higher!!
sr. member
Activity: 532
Merit: 251
January 21, 2018, 07:36:30 AM
Ripple will not live long, it's a banker's coin, not a crypto-currency community. You can already see how the outflow of funds from this coin in the ETH is occurring. And this will puddle constantly continue until Ripple is completely buried.
full member
Activity: 312
Merit: 111
January 21, 2018, 07:24:24 AM
Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
I do not think ripple became the currency of the future as what many investors expected.  It is more possible that bitcoin became the currency of the future.  Bitcoin is the father of all cryptos and other altcoins are basically patterned from bitcoin.  Besides, I do not think that the ripple reach the price of bitcoin.  The bitcoin is still the most popular crypo currency in the market and even in the future.

Totally true.

I see it like this,

Ripple is de dictator, faster in making decisions and implementing the moves but will eventually fall because of centralization

Bitcoin or many other altcoins are more a democracy, slow and have ups and downs but at the end will win because of decentralized nature.
newbie
Activity: 70
Merit: 0
January 21, 2018, 07:21:29 AM
The founding background of XRP's creation became one of considerations about his future. And we all know who the founders and background of XRP, they have a minus sign in world of global finance. But limited for invest, XRP gives a pretty good growth.
full member
Activity: 531
Merit: 102
January 21, 2018, 07:13:59 AM
Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
I do not think ripple became the currency of the future as what many investors expected.  It is more possible that bitcoin became the currency of the future.  Bitcoin is the father of all cryptos and other altcoins are basically patterned from bitcoin.  Besides, I do not think that the ripple reach the price of bitcoin.  The bitcoin is still the most popular crypo currency in the market and even in the future.
full member
Activity: 312
Merit: 111
January 21, 2018, 07:05:18 AM
@nokati
Here for your mental exercises Smiley

https://ripple.com/insights/top-9-frequently-asked-questions-ripple-xrp/

8. Can Ripple freeze XRP transactions? Are they able to view or monitor transactions?
No one can freeze XRP, including Ripple. All transactions on XRP Ledger are publicly viewable.




Not directly by ripple ;

The XRP Ledger gives addresses the ability to freeze non-XRP balances, which can be useful to meet regulatory requirements, or while investigating suspicious activity. There are three settings related to freezes:

Individual Freeze - Freeze one counterparty.
Global Freeze - Freeze all counterparties.
No Freeze - Permanently give up the ability to freeze individual counterparties, as well as the ability to end a global freeze.
full member
Activity: 560
Merit: 109
January 21, 2018, 06:04:22 AM
I think the ripple will not live up to the expectations that are expected of him and his huge capitalization will soon burst!)
 But this is just my private opinion)
member
Activity: 196
Merit: 12
January 21, 2018, 05:47:23 AM
I do not think that the currency Ripple has enough power to outshine the BTC. But as an alternative currency, it will be very much in demand.
sr. member
Activity: 1099
Merit: 267
January 21, 2018, 05:11:01 AM
Ripple price will be $0.01 once the locked HUGE stash of it released..
Beware my friend  Grin

NO!


https://ripple.com/dev-blog/explanation-ripples-xrp-escrow/

jr. member
Activity: 154
Merit: 5
January 21, 2018, 05:03:54 AM
Ripple will hit 10$ till december 2018....... Smiley
LOL, wake up bro, it's morning already, stop dreaming.

Just remeber todays date and time, I will quote you again in December 2018...... 😊
sr. member
Activity: 1099
Merit: 267
January 21, 2018, 04:56:56 AM
@nokati
Here for your mental exercises Smiley

https://ripple.com/insights/top-9-frequently-asked-questions-ripple-xrp/

8. Can Ripple freeze XRP transactions? Are they able to view or monitor transactions?
No one can freeze XRP, including Ripple. All transactions on XRP Ledger are publicly viewable.


newbie
Activity: 24
Merit: 0
January 21, 2018, 04:55:55 AM
Ripple is a decentralised remittance platform - You can transfer fiat currencies, digital currencies, and commodities.
It uses the blockchain data structure and has its own consensus protocol.

In the Ripple Whitepaper you will not find the term block and blockchain - They use the term ledger instead.

There are two kind of nodes in the system:

   Gateway nodes - registered financial institutions, exchanges, merchants, and so on - If you want to become a gateway node in the network you need permission to form a trust chain.

   Validators - responsible for validating transactions, anyone can become a validator - but other nodes can keep a list of validators that can actually be trusted.

   Regular nodes - Regular people.

The funny part is that there is no consensus to find whom to trust, the user takes the risk of trusting a gateway.

Banks are starting to test and adopt this feature, they are using ripple just as a method to transport their money from Bank A to Bank B with lower fees.

Ripple also has signed contracts with banks to buy the coin at very low prices like 0.005 Cents in any point in time until 2020 due to increased volatility in the market.

Which means that banks are buying directly from a centralised entity so they won’t lose any money in this process.

The price of ripple in the market is driven only by regular people and investors trying to gain some profits.

Even though if Ripple gets mass adoption for banks, the price will be manipulated only by regular investors.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 21, 2018, 04:53:17 AM
Ripple is the cryptocoin not a currency.It is use only in crypto world.So it is not a currency of the future.
Not used in real world lol
Didnt u read about all the real world uses of XRP?
 You have but u still insist to be retarded

Virtual currency in the technology but the value is real, the power to using for the world is unlimited. Ripple is really good, it can helps us solve the problem about transaction fees and confirmation time. Not like Bitcoin or Ethereum, Ripple doesn't need to have miner and depend on them.
ripple ie very good on its scalability but it's not good caused by the developer still hold a lot of funds. A lot of people are talking about that right now, how ripple developer is very smart to dump worth a lttle shares to the market. Only to get hype and then they can take a lot of money.
sr. member
Activity: 1099
Merit: 267
January 21, 2018, 04:52:29 AM
^ retard of the day
full member
Activity: 312
Merit: 111
January 21, 2018, 04:40:30 AM
P. S: its not a cryptocurrency, its a bank using blockchain technology. Stop calling this shit coin a cryptocurrency
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