Topic: Is Ripple the currency of the future? - page 88. (Read 7451 times)

No one involved in decentralized cryptocurrency believes ripple has a place in this sphere. Does ripple have a place in the mind of the elite central banks? I doubt it.

Don't be sucked into the current pump. Look here at the historical snapshot of ripple on December 25, 2016.

https://coinmarketcap.com/historical/20161225/

And compare to today.

https://coinmarketcap.com/

Then do the math and understand that the company controlling ripple released another 2,735,548,365 coins into circulation this past year. That means likely they are cash rich in the amounts of hundreds of millions of dollars.

Interestingly, just as they were about to be moved into oblivion cryptocurrency wise, it seems those hundreds of millions were used to pump the price.

At the current price, and assuming they release a similar amount of coins this year, that represents well over 5 billion US dollars of profit. Not bad. It seems it pays to manipulate the price. Don't be surprised with any upcoming release of coins into circulation, historically a little over 1 billion get released after ripple pumps with the use of previous profits. At that point they likely will have a multi-billion dollar war chest for the next round of manipulation.

This works great for day traders; but, if you're an average investor you need to keep in mind it's being manipulated. The fact is most folks here don't know when they will pull the rug out from under you. If you've been holding take the money and run. As all things crypto it's buyer beware.

Does not matter, most of people are here for the gains, if they see that ripple is on the rise they might pump the coin even harder

no, i dont agree. this is true ripple is just a company and xrp is digital currency but thats not mean xrp is the future coin. Xrp is really a good currency for buying and holding, recently its cross 2$. so its good currency not future coin.

I dont think so, it is centralized and it is just used as an intermediary.

Yes, exciting technology, the best team of developers. I think a price can arise more then 100$!

I think it will be very difficult to realize especially to be the world's currency because altcoin is just altcoin, it will depend on the world community.

I heard information that ripple (XRP) is used in Japanese-Korean cooperation project. In addition, there are games that use it as well. If this is true, I think it's very reasonable that the coin ripple (XRP) price soared.

Cut out with the crap.

Ripple is more decentralized than Bitcoin or Ethereum

https://ripple.com/dev-blog/decentralization-strategy-update/

Maybe,if the banks accepted it as their main cryptocurrency we cant say that it will replace BTC,but it has a chance.

I think involvement of some banks is a major reason for this is still some time needed for ripple to prove itself a future currency.

I think Ripple has great potential as banks need to integrate and coexist with modern cryptoworld.
For banks Ripple Network is good solution.For people too.

So thx to ripple bank and decentrslized networks can co-exist.

Yes, this also will be a bubble as we sow in bitcoin in last few weeks. I think involvement of some banks is a major reason for this. With this more reliability is building up with ripple.

Ripple is not a full decentralized blockchain (like Bitcoin or Ethereum) so it will not fit all use cases.

There are also some doubts on the real utility of the XRP token

Thats very possible xrp is created for the centralized banks,many investors will come to XRP than in other coins.

Not sure because the bull run of Ripple during these days is quite alarming, we can't predict the market by considering one month of rapid increase, may be it will emerge as the one of the leading alts or may be it will dump shortly. BTW there is still some time needed for ripple to prove itself a future currency.

Ripple is a crypto currencies that will lead in the future. What i do not like about ripple is the fact that it is centralized and controlled by the banks.Many banks across the world use it as the basis for their own settlement infrastructure,the cryptocurrency has a four-second settlement.Ripple soars,It becomes second-biggest cryptocurrency by market cap.

ripple will not gain that 30.000% gain in the market, why ripple is hype now? it is just those announcements and trend that make people buy the coin but once the hype gone or  most people have the token, they will go sell it fast, and will make the price of the coin dump again

it sad and my biggest regret. once i believe on ripple but i was sell it on 0.3$ and now its almost reach 3$ and still growing. this so sad to be true. but i do believe ripple have such a great project that makes them growing big right now.

+1. XRP price is going to plummet and a lot of ppl will lose big. The fact that much of this price increase is driven by/closely tied with retail South Korean investors shows it is hype. 

Ripple can succeed, but how can XRP become the currency of the future? Governments are going to allow their currencies to be supplanted by XRP? They can easily shut it down, but it is not so easy to shut down bitcoin. And since XRP is centralized, there is a single point of failure. Not so with bitcoin.

I don't think so ripple can be currency of the future 
And I don't need to know about that. I just wanna trade with ripple. It's price is growing gradually,  This is very good sign. I think ripple will be big thing in 2018.