Topic: Ripple Future (Read 22470 times)

It happened yesterday on Happy Monday - XRP is launching on Coinbase Pro

"After 10am on February 25, 2019 we will begin accepting inbound transfers of XRP to Coinbase Pro. We will accept deposits for a minimum of 12 hours prior to enabling full trading. Please note that inbound transfers require the specification of an XRP destination tag.

Once sufficient supply of XRP is established on the platform, trading on the XRP/USD, XRP/EUR, and XRP/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met. XRP trading will initially be accessible for Coinbase Pro users in the US (excluding NY), UK, supported European Union member nations, Canada, Singapore, and Australia. Additional jurisdictions may be added at a later date."

https://blog.coinbase.com/xrp-will-soon-be-available-to-trade-on-coinbase-pro-b14478db7b33

I believe that this coin has a great future. It seems to me that many people and large companies liked the idea of this project.

Ripple is the most volatile coin of all the top coins that exist, I can not say that I am very inspired by this project, and I am also not a supporter of this coin, because there is a very large number of statements from reputable people who believe that Ripple is a project which exists separately from the coin itself and is in no way connected with it. Therefore, I prefer not to deal with him.

This might be some benefits of Ripple (the protocol).
But no bank in the world will ever touch XRP (the currency).

Ripple ≠ XRP

No doubt everyone has the right to their point of view. I respect your point of view. But, in my opinion, the ripple is one of those coins that will be massively accepted as one of the first.
This currency, like everyone else, has its strengths and weaknesses. Therefore, society accepts all currencies as they are and simply chooses from what is presented on the market. At the same time, development teams eliminate the weaknesses of the projects, trying to attract more investors. Ripple is trying to meet the requirements of the modern banking system, they have made a bid to become convenient for banks. It is for this reason that this is the first project that has achieved such success. I don’t know how it will develop in the future, but at the moment I am sure that the ripple is a currency with great potential.
XRP can be considered a backup asset of the Ripple platform. Token allows users to exchange almost any currency for it and transfer funds to any country via the Internet. Then the user changes the tokens for the currency at their discretion. After each XRP exchange, the demand for it rises, which leads to an increase in prices.
Learn more about the strengths and weaknesses of XRP:
Benefits:
1. Transaction speed. Ripple shows bandwidth that is not available to any of the best cryptocurrencies.
2. Transaction cost. Mandatory fee for transferring funds is only 0.00001 XRP.
3. Positive impact on the banking system. This project can be a big step from the traditional banking system to the decentralization of the economy.
Disadvantages:
1. Excessive centralization. The network is not as well distributed as classical cryptocurrencies.
2. The possibility of blocking funds by the company. This can lead to a loss of confidence in the project.
3. The number of tokens held by the company. Ripple holds more than half of the XRP.
This project occupies a completely unique place in the market, because it is not a classic cryptocurrency on the blockchain, despite its decentralization. Namely, the fact that his team actively cooperates with various banks and financial enterprises qualitatively distinguishes it from all the others.

Though xrp is centralized it has got tie up with more corporate firms. This keeps the circulation stable without falling low at any instance. More and more banking companies adopt the xrp for the transaction needs. When we think about the future growth, I believe surely it'll be overcome by many other potential coins which have been growing constantly.

Devs still holding most of XRP or already sold all? CMC still show just 41 billions circulating supply from 100.

Of course, if you have the opportunity to make profits with it, then invest.
But I wouldn't believe too much in the future of XRP.


You think banks will use XRP?
Please don't mix up XRP and the Ripple protocol.

Some banks may implement the Ripple protocol, but there is no rational reason for them to use XRP as currency.
Or do you think banks want to become dependent on the currency of a private company?

And I hope that people like you will finally understand that supporting XRP is helping to destroy the entire cryptocurrency market. Stop supporting the banksters!

Ripple sold more than 500 million USD worth of XRP in 2018 - imagine what they could do with all that cash. Binance base pairs were just the beginning.
And around 150 million of that was bought directly by institutional investors, so I assume institutions do prefer XRP even to BTC.
Curious times lie ahead.

When did a currency become an investment?
Yes its so good the lead dev lost (indendioally) beginning of database.
Total garbage, Banks have a working agreement with Ripple Inc, no bank has or ever will touch scam  XRP tokens and Ripple them-self only extreme rarely.
XRP is pure slaves money, i can refuse to establish a connection.

I think that of all the crypto currencies Ripple is one of those coins in which you definitely need to invest.
This is a working product that banks use. That is, in fact, this is currently the only currency accepted by many banks (about 50) for mutual settlements between them.
These banks have already used the Ripple system in interbank transactions.


In addition, Ripple has an excellent development team that understands the needs of the modern banking system. Therefore, their product best meets the needs of banks. This is what guarantees the success of the ripple in the near future.

While this is only an imaginary splash, ripple though in second place, but the problems remain the same. Yes, and it is more likely that the ether has allowed to rise, than the ripple himself has achieved this.

I think that many investors underestimate ripple and now developers are implementing new partnerships

Ripple will pump again but it is unlikely to copy what it done before with those insane 1000% gains. Also there is competition from Stellar which is also worth investing in. They partnered with IBM so they might even overtake ripple if it goes mainstream

In my opinion Ripple will be good and perspective for investments for next few years as a bare minimum. Just keep watching for the situation of market and all will be good.

the RIPPLE protocol is used by many banks. but in fact, its impact on the price of XRP is very limited. XRP has always been under the control of its company. i will stay away from XRP.

When did a currency become an investment with a build in guarantee of ~2% inflation loss. 
Currency dealers have been trading for hundreds of years. You mean they are total idiots and should have just invested and be filthy rich now.
If it is secured cryptographic, with watermark or joe blows signature makes no difference.
Stocks, Property, Shares, Gold, Silver,  ...... are investments they may go down in value but by default to not have a build in loss of 2% every year.


Xrp inflation in 2018  2.05%
Euro inflation in 2018  1.73%

Ripple has fairly good development, every day continues to provide good movement, market capitalization is able to show a higher volume than other coins. Continuously flowing investor confidence makes Ripple move well. We will look at the development of the ripple to show that it is feasible for long-term investment.

Ripple is one of those coins that are very controversial in the forum since many do not like the links the coin has to banks and other financial institutions but if what you are looking is just a way to make money regardless of the consequences then ripple can be a good investment just be careful of not overpaying for ripple as many people have done in the past.