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Topic: Is Ripple the currency of the future? - page 79. (Read 7463 times)

sr. member
Activity: 546
Merit: 255
January 06, 2018, 10:45:59 AM
You can't just call that thing straight away with just a small news on ripples . I agree that it had shown immense growth but still it's far away from being the future of currency . Well who knows that ripple might cross Bitcoin in future , but this thing is way to far to be honest .
member
Activity: 238
Merit: 10
January 06, 2018, 10:41:02 AM
No, I don't think so. Maybe banks will integrate it and use it as a currency, but it is centralized, and defeats the purpose of the blockchain. The oppressed will definitely not use XRP as a currency.
full member
Activity: 658
Merit: 101
January 06, 2018, 10:04:24 AM
ripple would be the future of bank but i dont think it would be uses as money. i would choose xlm as a currency and it would be the future of our transaction and will be good as good as bitcoin for transfering method.
full member
Activity: 503
Merit: 102
January 06, 2018, 09:46:14 AM
I think the ripple can beat the bitcoin. The cost of the token is just over $ 3 now.
Imagine how much you can earn if the ripple price overtakes at least the Ethereum.
Hmm there's no reason to XRP will catch ETH, but there are a lot of reasons for dump the price bellow $1, whales will want cash out their profit
full member
Activity: 290
Merit: 100
January 05, 2018, 10:05:48 PM
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 think that ripple has the possibility to be the future of crypto currency. It is being regulated and tracked by the banks. Its price and value has increased last 2nd half of the year 2017. I will say the that it has a possibility but there are still better than it
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
January 05, 2018, 09:37:06 PM
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 think it would be the world's currency. It would be a tool to trade trust between Banks.

I think ripple wants to be a bridge between cryptocurrency and fiat as far as I know. I see ripple trying to increase the price and it is good for us because we can make a profit from this. I cannot imagine how much people will get their profit if they buy ripple when the price is too cheap. although now the price is not too expensive and we could still buy ripple again. I only hope that ripple could increase more than now and I think ripple can rise until $5 later.
member
Activity: 210
Merit: 10
January 05, 2018, 09:24:32 PM
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 think it would be the world's currency. It would be a tool to trade trust between Banks.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
January 05, 2018, 08:57:37 PM
Ripple, unlike other cryptocurrencies, it is regulated and facilitates fund transfer for banks. Ripple is working with some of the biggest financial institutions around the world. XRP aims to power the whole financial sector by making instant transactions possible at a fraction of the current costs.

Many banks from around the world are actively working with Ripple to implement its technology over their payment infrastructure. It makes XRP trustworthy, and investors find XRP to be a comparatively safer bet as compared to other cryptocurrencies.

Google SWIFT and Blockchain to see what will become the interbank transfer system.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
January 05, 2018, 08:54:20 PM
Ripple's entire value proposition is tied to it becoming the currency of the banks.

Ask yourself a simple question. Your a banker. Do you want to adopt a blockchain platform owned by outsiders where members of the public own the currency of the platform and can presumably hack the system and profit by trading that currency? Or would you rather adopt a closed system owned by the banks (like the current SWIFT system) where even if someone hacked it they could never spend or trade it?

full member
Activity: 154
Merit: 100
January 05, 2018, 08:52:42 PM
Ripple, unlike other cryptocurrencies, it is regulated and facilitates fund transfer for banks. Ripple is working with some of the biggest financial institutions around the world. XRP aims to power the whole financial sector by making instant transactions possible at a fraction of the current costs.

Many banks from around the world are actively working with Ripple to implement its technology over their payment infrastructure. It makes XRP trustworthy, and investors find XRP to be a comparatively safer bet as compared to other cryptocurrencies.
newbie
Activity: 210
Merit: 0
January 05, 2018, 08:43:55 PM
I wish I had bought XRP when it was only a $ in December 17'
full member
Activity: 366
Merit: 100
January 05, 2018, 08:39:51 PM
maybe Ripple is the money of the future because since 2018 Ripple increased drastically but we do not know the future will be like.
Agreed, ripple might get termed as the currency of the future. The growth has happened all of the sudden taking the price reach higher as well get listed among the top coin with the largest market capital. Some users have termed this to be temporary, but looking the growth happening, it is clear that ripple willl grow further.
full member
Activity: 206
Merit: 100
January 05, 2018, 08:17:48 PM
I totally agree and have invested XRP. Bitcoin sounds nice but it is like Utopia on internet. It will have same destiny like it was in the world.

To be honest, the society we have been living in has all been centralized, it's no wonder if the centralization part also becomes the dominant on the internet, XRP is backed by the banking system and already started adoption, if you're comparing banking system backing with few whales, eventually bankers will win because they also control fiat some how.


Thus in my opinion XRP/XLM, will be one of the biggest currencies in the future, everything that can be backed with reality (banking systems or anything centralized ) will be always most likely more organized and backed by big entities, making them valuable .

Edit : this is theoretically speaking only, it might be all different in the future, but in my opinion banking system will not just let crypto destroy their grab.
full member
Activity: 350
Merit: 100
January 05, 2018, 07:19:55 PM
maybe Ripple is the money of the future because since 2018 Ripple increased drastically but we do not know the future will be like.
member
Activity: 322
Merit: 10
January 05, 2018, 07:14:34 PM
It's to early to say that ripple is the currency of the future. This may still encounter some problems along the way. A test how the developer react and do some actions.
It's not because the price is being 2x or 3x can be a good currency. Let's see how it works for this year.
Good job ripple.
newbie
Activity: 252
Merit: 0
January 05, 2018, 06:52:38 PM
Really hard to believe that XRP's gains have even been so high. This makes me feel panic.

I was even shocked that day when i saw Ether was replaced by Ripple in terms of market capitalization. I am starting to believe now that this alt coin has really a future since it is backed with banks across the globe.

Yes, this is a very strong project, which aims to really make people's lives easier. And that's why I also believe that this coin will someday become very expensive

Of course, even today the price is still increasing, 4,10%
XRP's price right now is $3.32, i still do believe that it will still increase and reach about $7 or $8 sooner.
Of course Ripple is very awesome project. I believe XRP is the currency scam of future, and that will be still growing up.
in last 24 hours, XRP's price is downing below $3, but i still believe it will increase sooner.
I agree with you, maybe in 2018 XRP wil be reach at $7. Buy now when the price downing and just hold it...
It's very promising..
jr. member
Activity: 154
Merit: 1
The Next Generation Distributed Smart Network
January 05, 2018, 12:48:17 PM
My gut says yes but there is no sensible reasoning behind it. What i see is that they are partnering with the top 4 money remitance company and quoting the CEO they all seem to agree ripple works more efficiently.
How this is going to affect the world will have to be seen
member
Activity: 182
Merit: 10
January 05, 2018, 12:39:06 PM
Ripple is another cryptocurrency that is growing beside Bitcoin and Ethereum. The idea of ripple is to make instant transactions in the entire financial sector possible using the blockchain technology. Though general rise of the price is expected, not every month in 2018 could be the same. Some months we can expect downfalls. Many of the banks do not like the idea of some other financial institution to regulate their actions and cryptocurrencies.
full member
Activity: 196
Merit: 100
January 05, 2018, 10:29:57 AM
Not really. Ripple token is not usable for the txns being done on the network. It is just a share of the network.
There are a lot of criticism being thrown at Ripple as being a centralized one same as bankers.

For transacting, I have read that RaiBlocks is the next one with superb features like no fees, instant txns.
jr. member
Activity: 196
Merit: 6
https://cryptotvplus.com
January 05, 2018, 10:16:22 AM
I don't think it would. There are too many payment crypto currently and many more are still on the way coming...


Since it's centralized... It would face serious criticisms from knowledgeable crypto enthusiast.
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