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Topic: Market capital, will XRP ripple be a permanent #2 to Bitcoin? (Read 403 times)

legendary
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With the market heading upwards again who do you think will be a mid to short term second to Bitcoin?
full member
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It is always normal for any coin price to fluctuate. Any one that purchase any coin should bare that in mind. So the price of XRP ripple going down to #3 does not cause for alarm.
member
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In life there is no permanent condition, therefore I don't see any coin in permanent position. Ethereum can even be number one in the world maybe in the future.
member
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?

I don't think it could stay there for long. People believed in ripple because on the last big dump of most alts and bitcoin, only ripple recorded an increase. I am sure that its price will jump higher but staying there at top 2 based on market cap won't last long ethereum is also increasing in price, there are many possibilities that people would shift to other coins.
legendary
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xrp increases x10 every year and then decreases, that is it

Good opportunity to make money then Smiley
full member
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If one coin price increases because of manipulation and speculation, afterwards people think about how important it is and everywhere we see that how good that coin has in the future. this is totally bullshit. 90 percent of this market is speculation, ripple is one of the most speculative coins out there.
I accept that ripple technology can be used by the banks and can be important about the banks. but who the hell here can use xrp for transfering money from one individual to another? banks can use that but individual people will not use for payment and transaction. we will use other coins seperate from ripple.
moreover, most people do not understand the connection between xrp and ripple. ripple is the company, xrp is the coin. ripple is an important company but xrp is nonsense for us. xrp increases x10 every year and then decreases, that is it
full member
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NO. the RIPPLE (XRP) will not maintain in the rank number two in the coin marketcap. Every altcoin has an end also or I can say every altcoin wil have a changes in price, it may up or down.
full member
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?

Well, Ethereum as expected is now reclaimed again the throne like from Bitcoin cash and now from Ripple that at least they have experienced what to become second to bitcoin look a like for just 2 weeks or they may try to pump again by investing huge amount and to try persuade or attract people to join the their investment and help them to pump it up the poor coins. Unlike Ethereum, it no need to attract people but the platform alone are enough in which commonly used by all ICO to support their token projects.
legendary
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Permanent #2? If you talking about the long run perhaps ripple(XRP) cannot over take ethereum. Cause indeed the most popular on that two altcoin is ethereum and it has a possibility to create a big demand. Because of being popular it will made a massive adaption time on time. And RIPPLE will be #3 cause i have doubts its circumstances will not be permanent not the same with ethereum although the price is slowly increasing but for sure it will suddenly rocketed ,

Well if another coin is released that does exactly the same as ETH but more improved with token facilities then maybe the new coin will take over ETH. As for XRP, it has google backing it as well as other big businesses and Western Union is exploring a deal to trade using Ripple. The Ripple community does not want the Western union deal and do not want XRP available on Coinbase either. They prefer to keep it slowly but surely.

IMHO in the long run ETH will not remain a number two as other coins while other coins will be released but as for XRP there more than a chance it could. That is my opinion.
sr. member
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Permanent #2? If you talking about the long run perhaps ripple(XRP) cannot over take ethereum. Cause indeed the most popular on that two altcoin is ethereum and it has a possibility to create a big demand. Because of being popular it will made a massive adaption time on time. And RIPPLE will be #3 cause i have doubts its circumstances will not be permanent not the same with ethereum although the price is slowly increasing but for sure it will suddenly rocketed ,
legendary
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Ethereum has now regained its number 2 position, xrp has fallen hard since Coinbase rejected to open itself to Ripple's markets. Ripple has a total supply of 38 billion, multiply that amount with a mere 7$,the market cap of Ripple will be greater than bitcoin's market cap. And now that coinmarketcap no longer takes the Korean exchanges for the average price, we can now compare the more realistic data. Ripple tried really hard to beat bitcoin by announcing major partnerships with reputed companies, money did flow in the market but it was time until users decided to show who actually is supposed to dominate the market. Ethereum has tried to do so in the past it also ended up failing miserably, same was the fate for Litecoin.
full member
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I think that's impossible because so far the ETH is ranked 2nd, maybe now ripple in the 2nd rank but did not close the possibility will be overtaken by ETH again, I am sure ETH will be ranked 2 again  Grin
legendary
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It seems the bubble is finally bursting, Ripple is still going to have a huge market cap after this but I think we all knew this kind of growth was simply not sustainable and as such it was bound to get a correction, Ripple has lost about 25% in the last 24 hours which is a significant correction but one that was needed and for the moment Ethereum has recovered its second place in the market cap.

How long for? ETH and XRP will be battling it out for a few months yet and the dark horse BCH with super low transaction fees will no doubt be joining them.
sr. member
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I like the way it is playing out. The market information from almost all exchanges showing massive interest in XRP means it is a wider issue rather than pump and dump related to one or two exchanges.

IMO this is no pump and dump, this is more about investors choosing to buy a very cheap commodity that is was sitting comfortably in the top 5 market capital wise. Many of these purchasers must be long term savers hoping to sell for a profit a few years down the line.



Ripple now has around 42.5% the market value of Bitcoin and rising  Smiley


It seems the bubble is finally bursting, Ripple is still going to have a huge market cap after this but I think we all knew this kind of growth was simply not sustainable and as such it was bound to get a correction, Ripple has lost about 25% in the last 24 hours which is a significant correction but one that was needed and for the moment Ethereum has recovered its second place in the market cap.
legendary
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I like the way it is playing out. The market information from almost all exchanges showing massive interest in XRP means it is a wider issue rather than pump and dump related to one or two exchanges.

IMO this is no pump and dump, this is more about investors choosing to buy a very cheap commodity that is was sitting comfortably in the top 5 market capital wise. Many of these purchasers must be long term savers hoping to sell for a profit a few years down the line.



Ripple now has around 42.5% the market value of Bitcoin and rising  Smiley

legendary
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It seems as though you answered your own question while asking it.

-snip-
 they are swinging back and forth right now pushing each other in to #2 and #3 positions.
-snip-

I doubt that any alt-coin that has recently skyrocketed (or is experiencing a pump) will remain exactly where it is; however it is definitely too early for me to say definitively that it will or will not remain in the top 3. I think we have many years to go before the giant alt-coins start solidifying their space as #2, #3 etc. There is too much room to grow and certain coins will unfortunately fall victim to the Darwin effect and become too useless or irrelevant to maintain.  There may even come a point where one of these alt-coins temporarily hits the #1 spot, before bitcoin adjusts it's path accordingly as it always does.

I would not hold your breath or expect any particular alt-coin to hold it's position long-term until there is a clear meta developed that sweeps the cryptocurrency community as standard. As long as these questions can be asked and reasonably discussed, there are changes that these markets will undergo.

There are competing interests and ideas about what the future of cryptocurrency should look like and this is happening simultaneously to the debate about whether or not cryptocurrency is our future; these two conversations being had very loudly, publicly and with a lot of money, time and energy invested means the alts and even bitcoin itself are subject to massive volatility (which I'm sure you already know) and extraordinary outcomes. We are in new territory and we cannot pretend that it is familiar.
hero member
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No position is permanent in this crypto world except bitcoin being in the first place.Ripple has big support from banking sectors and it is the main reason for reaching such a high marketcap.Even SBI,one of the biggest bank in india too supports ripple and many other banking sectors all over the world support ripple.But very soon,ethereum could bounce back since it has a very good price when compared to other altcoins.
sr. member
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For the meantime I think it is a yes, but Ethereum will never lost to Ripple. I know that there are many supporters behind Ripples surge of price and many enthusiasts especially traders join this hype that is why it is being backed and surging up. Once this get slows down I will see another dump even to 6k sats, bankers behind this one and they are just like whales on a pump and dump group I supposed.
legendary
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Wow I never thought that XRP could push eth away from the second place, sure this is going to be a tough competition and in this few days XRP show a tremendous rising, eth is a slow but sure coin, I think xrp place won't stay long, eth got more stable condition
sr. member
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?
Ripple is currently sitting 11 billion dollars above Ethereum but currently is in a state of skyrocketing, so I doubt it is going to maintain that position for long however I think that during the next months we are going to see ETH and XRP going back and forth and try to find which coin is going to become the number 2 coin for the long term, this has been a very interesting development and it is something I am looking forward in the next months.
newbie
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Personally, I don't think will overpass ETH or BTC but only be used as a quick way to send money through banks, I remember that was the idea and for that the price needs to be stable was very strange to increase that fast in the last weeks.
newbie
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The marketcap of the ripple is very high now, and since it is the altcoin bridge between cryptocurrency and banks, I think it's verry possible for its market cap tu remain up there at least in top 10. I will depend of how other coins evolve, and if there will be new coins with such success. Also the eth could take back its place soon, anyway
newbie
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Well, Ripple has a good back-up (banksters) who are routing for it. It will definitely perform well this year, but not sure if price will surpass ETH and especially BTC just yet.
legendary
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I don't think so. The reason why people are supporting Ripple atm is because it is pumped. And we all know that most of the XRP supplies are held by their own private company so who knows what will happen in the future? I have nothing against Ripple but I'm still being cautious as to what the next thing could happen. Tread carefully, the payment system is great, but the way everything pans out in a span of a week seemed to be suspicious. It might stay in #2 in terms of market capitalization, but I don't think it can hold.
legendary
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XRP hit over $2 for the very first time gaining a $5 billion market advantage over 3rd placed Ethereum !

legendary
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I think XRP will leave ETH behind.

Look at the next generation of altcoins and alike after Bitcoin.

Both Litecoin (5th largest market) and Ripple (2nd largest market at the time of writing) are the ones that have been around so long, I see it continuing.

There are billions of XRP in wallets out there and that does not have to be at a detriment at all. It is also an asset. I think 2018 will belong to Ripple. At this rate I see no reason why it will not get to the $10 mark within 60 days.
legendary
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?
That's not the case anymore. Ripple is already #3 and I believe it never will be #2, for there are other good coins like eth (already there), iota (I'm sure we'll see it there some time) and bch (not such a good coin, but it has quite a lot of admirers and sometimes advances up to #2 especially due to Koreans' love of it), which are probably better candidates for #2, since at least they adopt the main ideological points of cryptocurrencies.
XRP is doing great and perhaps even now is still a great time to buy it regardless to its position in marketcap list.
legendary
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When I type this post, ETH has returned to rank 2 cryptocurrency

It's hard to stay in ETH position but XRP has a chance for that, in the short term I hope XRP can be stable at this price , to prove that the current price increase is not just a pump


Believe that this two will change on second form time to time. Both are good coins and both have gain in value.
Also think that is time to have besides bitcoin and ethereum so far in wallet and to be consider that adding XPR to the list.

Also think that ripple is not done just yet. Maybe next year will be ripple year.
full member
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When I type this post, ETH has returned to rank 2 cryptocurrency

It's hard to stay in ETH position but XRP has a chance for that, in the short term I hope XRP can be stable at this price , to prove that the current price increase is not just a pump
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Ripple is only surging because large corporations and banks are endorsing it. It is a very unique concept however, there are more important features that are missing. Private and anonymous transactions may not be endorsed by banks but they are also gaining traction (Monero, ZCash, Dash, ...etc.).

If Ripple was not endorsed by banks, and if it didn't get all the publicity it got, I believe it would've been at a smaller market cap. It is easy to get people over-hyped by advertisements.
Similarly, people thought that because bitcoin is being used in the dark web, then it must be private and anonymous. Unfortunately, many don't know that bitcoin transactions are actually traceable.

If people realized Ripple shortcomings, then it may never reach that height. However, since most people are ignorant about details, then there is always a chance.
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?

This is the 2nd big potential coin. I think this coin will reach 10$ soon, so i think its time to buy more in dip price good to hold for this coin. I have also 300 ripple its to small to hold. But i still hold this i know big profit will come to me..have patient.
hero member
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XRP has gain not so much value in the last few days, it just increases from few cents to $1.86, but it's a big number for this altcoin, increase over 35% in the last 24 hour.  Look at the circulating supply; 38,739,144,847 XRP which makes the market cap can overtake second position from ethereum.
Since more exchanges listed xrp, it may get more value in the future and surpass eth marketcap. But, how long ripple can hold its position? The correction will come to every coin that has been pumped.
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This is good in Ripple holders, becuase it will give big profit for everyone who have this coin. Big potential for ripple, im glad that i bought some ripple, i regret that when i sell my ripple in dip price. So sad.
legendary
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last time Ripple was pumped they released a shitloads of new coins out of the blue. so i wouldn't be surprised if they did the same thing this time too, that is a lot of profit for the centralized company that is releasing the coins and that will effectively bump the XRP market cap to the moon and ETH will have to get pumped big time to be able to reach it which is going to be hard because of its high price and the bubble.
legendary
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I was thinking that with XRP being so cheap it will probably leave ETH behind in the coming weeks or months
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?
Last time I see this coins in coinmarketcap one of the losers but I see a big volume where I can see a big potential. So, one time I tell to my sell I will going to buy some xrp but as I can see now. My God! I don't buy even one, because I don't know how can I do this. I am too late and will going to become more lucky when my luckiest day comes. Better to have a great and potential coin next time. Congrats to those holders of xrp it is very good coins.
sr. member
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XRP has really surprised us by it's act of pumping through few days. The week has been really busy for those who held it most and must be enjoying the reward of holding for long term.

I think this currency stands more chance of getting pumped even further and get into position of #2. The Ethereum has always been good but many times I feel that the ether doesn't pump very hard unless and until it is challenged. So it would be better we focus on the xrp if thinking of inevstment.
sr. member
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The competition is really tough and founders of both coin must be looking at this question of their dominance. But on the other hand they also have to look after the project development and funding sources for it. If they go with wild decisions then it could happen that they might disturb the market severely. We don’t want that to happen and with that calculation it comes to the investors. Now it would be interesting to see that who gets more followers whether it is ethereum or ripple. I’m thinking that ripple is gonna skyrocket.
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?

Ethereum was actually $850 couple of days ago. And ethereum is now at calm position. When the time for ethereum comes, ripple can't do nothing against ethereum. It's not gonna hard for ether to take ripple down in 2018.

I don't think ripple can maintain this in long run.
legendary
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Briefly XRP had a market capital of over $2 billion more than Ethereum, they are swinging back and forth right now pushing each other in to #2 and #3 positions.

XRP has rocketed the last few days but can it last long enough to position itself as a long term #2 to Bitcoin?
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