Topic: Most cryptocurrencies heading to $0, Ripple boss says - page 2. (Read 579 times)
If there is demand for something it has value. A lot of the cryptocurrencies have large communities behind them so i don't see that happening. He has a conflict of interest on this because he would like you to think that most are worth nothing but ripple is more valuable so therefore his opinion isn't valid anyway.
I wouldn't take that guy seriously
Maybe his coin and others several hundrends worthless tokens that are alive only because people keep trading them for a quick buck will head to 0$.
But it's hard to imagine BTC, ETH or LTC ..... going to 0 now as they are being used for payment and transactions more and more now
But it's hard to imagine BTC, ETH or LTC ..... going to 0 now as they are being used for payment and transactions more and more now
In time most digital currencies will be worthless, according to the head of the centralized cryptocurrency ripple, Brad Garlinghouse.
The majority of cryptocurrencies can’t be used as transactional currency, and they are being traded like assets, according to the CEO. Ripple and the company behind it are arguably the most criticized digital assets, as the whole idea of bitcoin as the first cryptocurrency was that it should not be regulated.
https://www.rt.com/business
The majority of cryptocurrencies can’t be used as transactional currency, and they are being traded like assets, according to the CEO. Ripple and the company behind it are arguably the most criticized digital assets, as the whole idea of bitcoin as the first cryptocurrency was that it should not be regulated.
https://www.rt.com/business
because he is boss of ripple he is person who has too many access to crystal ball and conduct financial forecast for us with wizards tool like this ?
till this day never i have saw it altcoin go to zero dollar he is not speak true thing when he say this or maybe he speak so much untill all of us begin to understand more the brain problem that has put attack on himwhen a human open mouth to say ridiculous thing he must surely return to eat this disgusting gmo word that he create , eventual he will see real thing the way all of us in this place have seen or maybe he create excuse like this for own benefit
Ripple boss is an idiot and a liar. He has created his centralized coin and wants other coins to go to $0. This will not happen and he is lying to promote his coin. Stop listening to people like him.
I see Bitcoin at $100
Wake up,you are fast asleep.
unlike you i am not delusional.
Well thanks for the insult my merit sniffing brown nose friend since I see you being paid to run adverts
in your posts.
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i know for a fact that some altcoin will eventually come along which will be performing a lot better than bitcoin and will become a lot bigger than it.
but i also know that the altcoins that are currently around either have worse problems than bitcoin or are not efficient enough or lack some major aspect such as being decentralized, that they can not even come close to competing with bitcoin.
but i also know that the altcoins that are currently around either have worse problems than bitcoin or are not efficient enough or lack some major aspect such as being decentralized, that they can not even come close to competing with bitcoin.
I can agree but you seem to forget IOTA, Ripple, Evo and several others here and all the Bitcoin clones (Same software) are
heading for the bin because it's badly written and won't scale.
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you mention high fees, there is nothing ok about bitcoin's high fees. that is a fucked up situation. but at the same time only an idiot would think altcoins have solved this issue! many of them have already been put to test and filed to perform let alone keep the fees down.
Yeah so please provide a link to any alt-coin who's fees have ever gone over $5 and never mind the $55 we have seen
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so yeah, you either are smoking something nasty or have your head in the sand.
I think people can see who's swimming without trunks here
this is just a fight between the centralization (being Ripple) and the decentralization (being most of the altcoins) and nothing more. they are just trying to bash the decentralized coins like banks and hundreds of others have been doing because they know they can not compete with it with their flawed systems.
Compete with 7 transactions per second or fees per transaction being as high a $55 or are we talking about going off-block with lightning
with it's banker hubs or are we talking about the CPU-Wars that Bitcoin apparently needs to remain decentralized (WHICH IT IS NOT ANYWAY)
Do you know the story about the Titanic, well worth watching the film it is.
it is funny to hear this from one of the most iconic shitcoin that has existed among altcoins ever. a centralized coin that has failed to do anything apart from getting pumped and dumped.
what are you smoking
I see Bitcoin at $100
what are you smoking
Maybe a better question to ask is what are you smoking or did you think that we were running out
of numbers and no alt-coins could take over from Bitcoin which will then become a alt-coins itself.
Dear oh dear you must love them days at the start of the year when fees hit $55 per transaction
and maybe all that smoking has made you forget about these facts that will be written into our
history books much like Tulip Mania was written into history all them years ago.
Yes I know mr zio-moderator that my replay was off-topic, delete away old-chap
unlike you i am not delusional. i know for a fact that some altcoin will eventually come along which will be performing a lot better than bitcoin and will become a lot bigger than it.
but i also know that the altcoins that are currently around either have worse problems than bitcoin or are not efficient enough or lack some major aspect such as being decentralized, that they can not even come close to competing with bitcoin.
you mention high fees, there is nothing ok about bitcoin's high fees. that is a fucked up situation. but at the same time only an idiot would think altcoins have solved this issue! many of them have already been put to test and filed to perform let alone keep the fees down.
so yeah, you either are smoking something nasty or have your head in the sand.
Brad Garlinghouse also said that "Bitcoin — which is 1,000 times slower and more expensive than XRP — will still be used as a store of value, similar to the role that gold has played. But it won't be used for payments".
In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
But what makes XRP any more special than other more decentralized altcoins such as LTC/XLM that are also faster than BTC that are also gaining adoption in individual/small-businesses use?
The Ripple Network on the other hand caters to big corporations and big banks; however, the adoption of the use of the Ripple Network (which benefits the Ripple company) do not mean the XRP token is being adopted for actual use.
this is just a fight between the centralization (being Ripple) and the decentralization (being most of the altcoins) and nothing more. they are just trying to bash the decentralized coins like banks and hundreds of others have been doing because they know they can not compete with it with their flawed systems.
it is funny to hear this from one of the most iconic shitcoin that has existed among altcoins ever. a centralized coin that has failed to do anything apart from getting pumped and dumped.
what are you smoking
I see Bitcoin at $100
what are you smoking
Maybe a better question to ask is what are you smoking or did you think that we were running out
of numbers and no alt-coins could take over from Bitcoin which will then become a alt-coins itself.
Dear oh dear you must love them days at the start of the year when fees hit $55 per transaction
and maybe all that smoking has made you forget about these facts that will be written into our
history books much like Tulip Mania was written into history all them years ago.
Yes I know mr zio-moderator that my replay was off-topic, delete away old-chap
I think only a few will survive in the longterm. Say five or ten years. Others will come and go. But people will have to decide if they are a currency or a means of investment. Not sure they can be both. Because who wants there money in a currency that might drop overnight by quite a lot. Nobody.
Brad Garlinghouse also said that "Bitcoin — which is 1,000 times slower and more expensive than XRP — will still be used as a store of value, similar to the role that gold has played. But it won't be used for payments".
In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
No bitcoin would also be used for payments once lightning network gets activated and transaction fee becomes very low.Already the fee has come down and transactions are getting confirmed quickly.In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
Once it again gets used as currency for payments,its demand would increase more which would only lead to increase in its price.
Ripple is just a centralized currency and people would not show interest in buying it continuously.Its just usdd more for inter banking transactions and that's why,its marketcap has increased.
Well, I'm not convinced Ripple is going to survive as a coin either. Most of the "adoption" by banks is of Ripple's non-coin products, and it's not clear that any of the banks will keep them on, after the trial period. Especially if other coins and blockchains gain marketshare. So it's insane that Ripple's price rises everytime they make these announcements (though to be fair to investors, Ripple tries to hide the fact that it's their non-coin products that are being purchased).
Bloomberg did an interesting segment on how the banks were not interested in Ripple as a coin:
https://www.youtube.com/watch?v=NhieGgf219Y
Bloomberg did an interesting segment on how the banks were not interested in Ripple as a coin:
https://www.youtube.com/watch?v=NhieGgf219Y
People need to understand that there is a big difference between the Ripple Network, and the XRP token.
Banks/Companies using the Ripple Network are not obligated to utilise the XRP token, and most prefers not to do so.
Meanwhile:
Online Payments Company Stripe drops Bitcoin, eyes Stellar, OmiseGO
https://www.newsbtc.com/2018/01/25/online-payments-company-stripe-drops-bitcoin-eyes-stellar-omisego/
and
Stellarport, Stellar Lumens’s Decentralised Exchange, is now live
https://www.finder.com.au/stellarport-stellar-lumens-decentralised-exchange-now-live
Brad Garlinghouse also said that "Bitcoin — which is 1,000 times slower and more expensive than XRP — will still be used as a store of value, similar to the role that gold has played. But it won't be used for payments".
In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
In this scenario, the value of bitcoin will decrease by quite a significant amount, but will not go to zero. This is because the payments aspect of bitcoin is already priced into its valuation. Once we take that out, the price will drop.
But what makes XRP any more special than other more decentralized altcoins such as LTC/XLM that are also faster than BTC that are also gaining adoption in individual/small-businesses use?
The Ripple Network on the other hand caters to big corporations and big banks; however, the adoption of the use of the Ripple Network (which benefits the Ripple company) do not mean the XRP token is being adopted for actual use.
If this is true.. then i'm gone! 
it is funny to hear this from one of the most iconic shitcoin that has existed among altcoins ever. a centralized coin that has failed to do anything apart from getting pumped and dumped.
what are you smoking
I see Bitcoin at $100
what are you smoking
Well hold on a second
The miners using mining pools is centralization as is Bitcoin using DNS lookup's when
new nodes first start up and don't even get me started about bankers because the
lightning network is all about banks and worse still these bank hubs become a single
point of failure if you only open one channel.
Ripple is excellent to use for learners because if things screw up then at least you
can contact someone and it's public ledger is as good as they come and you ignore that
bitcoins LN is all "off-block"
Peek Ripple fees was about $0.01 and peek bitcoin fees was $55.00 and if you really like
bankers then you need to stick with Bitcoin me thinks
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"centralized cryptocurrency ripple"
The miners using mining pools is centralization as is Bitcoin using DNS lookup's when
new nodes first start up and don't even get me started about bankers because the
lightning network is all about banks and worse still these bank hubs become a single
point of failure if you only open one channel.
Ripple is excellent to use for learners because if things screw up then at least you
can contact someone and it's public ledger is as good as they come and you ignore that
bitcoins LN is all "off-block"
Peek Ripple fees was about $0.01 and peek bitcoin fees was $55.00 and if you really like
bankers then you need to stick with Bitcoin me thinks
These people get press time just for stating the obvious, the majority of cryptocurrencies that ever existed already went to zero, many never went above zero value, I assume this trend will continue in the future.
BTW, some coins still have above zero value but lack any volume and don't have any buy orders, they're as good as zero value.
BTW, some coins still have above zero value but lack any volume and don't have any buy orders, they're as good as zero value.
Ripple boss is an idiot and a liar. He has created his centralized coin and wants other coins to go to $0. This will not happen and he is lying to promote his coin.
Stop listening to people like him.
Stop listening to people like him.
Although I'm not looking at the market strategy to try to push in the popularity of ripple but obviously, we have shit coins that worth nothing and, are gradually dying off and delisted from exchanges
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