I think the basic for fear for ripple is when other banks decides to create their own ecosystem just like JPMorgan and control their Blockchain themselves
I’m eager to see the next step ripple takes, regarding their partners
Topic: Is the end near for ripple ? - page 13. (Read 1243 times)
Is the end near for ripple? As long as they continue to be seated next to members of the IMF at international conventions, I DOUBT IT.
Ripple is good for banks that don't have the means to create their own token. This is why ripple is used in smaller banks where they don't have enough highly skilled staff to use the blockchain. Big players like JPM will simply make their own token
JPM coin is not a cryptocurrency, so I do not understand why so many people are afraid about this "coin".
JPM token is not the only one, every large company will have own coin.
GMO Internet, a Japanese IT giant, has revealed that it plans to develop its stablecoin based on yen (JPY).
https://www.blockchain24.co/stablecoin-in-japan/ .
And the next no cost project, xrp type
https://www.vakt.com/
GMO Internet, a Japanese IT giant, has revealed that it plans to develop its stablecoin based on yen (JPY).
https://www.blockchain24.co/stablecoin-in-japan/ .
And the next no cost project, xrp type
https://www.vakt.com/
Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple
I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.
But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?
Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??
But today I want to talk about ripple
I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.
But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?
Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??
Obviously JPMorgan's thing will be centralized even more than XRP. So maybe some companies will choose exactly XRP for more freedom or just create own coin
For me that will not be a problem ripple will still gets its marketshare, just like from 3000 plus coins each coin has got its volume some low some high similarly if more projects like ripple come ripple will retain its market.
I don't think any ripple coins are ignored by any bank because they have worked together so there is no need to be afraid to leave, JPMorgan's head issued a stable coin but that doesn't guarantee like a ripple.
i think ripple have a good concept in the banking world, even if the current ripple wants to be eliminated by the banking system, I see that ripples will develop too, so to think the ripples will end I think it's too early for us to talk about that.
As long as the company owns the majority of the tokens, they can sustain this scam forever.
When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.
If you think JPM coins isn't crypto, neither is ripple.
Better we get rid of ripple soon.
When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.
If you think JPM coins isn't crypto, neither is ripple.
Better we get rid of ripple soon.
I think I understand more basics with your intro now
But ripple should try and provide their stance, with a massive update or news as well
Hoping to remain top token won’t last longer it seems
I did not like XRP ever, probably because I missed them airdrop, but I think for Ripple everything is still ahead, the project has interesting ideas and plans for the future.
No i think it is not possible because Ripple is very strong & promising coin and people also have full trust on it. In very short period it captures whole market and according to me future of Ripple is very bright.
XRP is a good and promising coin and does not seem as such that end is near. May be it can fall little at the most but should rise back again once the bull run begins. People still continue to trust this coin as many banks has supported it and believe in it.
Finally Ripple community should see the absurdity of Ripple token. Ripple is not diffrent to JPMCoin, so why everyone hats JPMCoin, while Ripple is still good? I say, nothing diffrent, two centralization power. 
Anything that is centralized or controlled by a single entity has no room in the cryptocurrency community. JPMCoin will be another centralized token just like Ripple.
Ripple and XRP face new challenges as JP Morgan launches new stablecoin, JPM coin
Ripple is a corporate coin. It is a centralized one. It has been expected the collapse of centralized things since its introduction but due to active development and partnership with major banks and other business, it is easily getting pumped time to time hence it is surviving till date.
Compared to ripple there are many very good coins and concepts are there, but due to lack of promotions they are never getting pumped. But, corporate coins are having some extra edge on this perspective. Even JPMorgan or any other corporate bring any alternative, I guess ripple may survive for some more time (until people may start hating centralized things). So, I guess ripple is going to stay with us.
Compared to ripple there are many very good coins and concepts are there, but due to lack of promotions they are never getting pumped. But, corporate coins are having some extra edge on this perspective. Even JPMorgan or any other corporate bring any alternative, I guess ripple may survive for some more time (until people may start hating centralized things). So, I guess ripple is going to stay with us.
With having multiple centralized systems being created by powerful companies, I guess the best move to have is to invest in it and get profits as fast as you can. For people who are not of power, we could take advantage of that in a way, and maybe benefit for it in a while, and you will never know. Especially JPMCoin, they have got powerful friends who have a lot of money, probably going to drive the price up. It's worth a shot.
There will be competition but not end for the ripple, JP Morgan entering into crypto industry will bring good thing as well as bad things in the market. They are entering into market to take their share of pie & banks does not understand about why cryptocurrencies like Bitcoin was created. Bitcoin was created to to get rid of financial freedom from the third party involvement to do transaction P2P. This banking coins can be big barrier in the objective of bitcoin creation as they are coming up with their own coins but if you look on other side this JPMCOIN can bring new money into the market.
As long as the company owns the majority of the tokens, they can sustain this scam forever.
When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.
If you think JPM coins isn't crypto, neither is ripple.
Better we get rid of ripple soon.
When the right time comes and they decide to dump their tokens on the stupid hodlers, it will be over instantly. The reason ripple stays on the second, third spot of CMC is exactly because of this. It is centralized, it is not blockchain. It is a private database/token which is not different than your steam balance or JP morgan coins.
If you think JPM coins isn't crypto, neither is ripple.
Better we get rid of ripple soon.
I listened to all the anti ripple/xrp fudsters years ago. Back when I considered buying some for less than a cent a coin.
Wish I hadn't listened to them. They were ignorant.
Wish I hadn't listened to them. They were ignorant.
No i think it is not possible because Ripple is very strong & promising coin and people also have full trust on it. In very short period it captures whole market and according to me future of Ripple is very bright.
It is not end for ripple .Its time for ripple boom there is lot news coming soon .
Ripple was really good cryptocurrency in two years ago. But last year and this year was not properly working in crypto market so we should not expect the book in near future.At the same time it was banking support cryptocurrency so major Industries are supporting in this coin. I hope we will see the real result in end of this year.
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