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Topic: Ripple the next bitcoin? - page 14. (Read 31146 times)

sr. member
Activity: 573
Merit: 250
September 06, 2020, 06:58:11 PM
Ripple is a good cryptocurrency and they have made lots of achievement so far.
What did they achieve? All I can see is them going down from their ATH of 3 USD to 0.3 USD on this day. And believers were thinking it could trade for 1 USD and sustain it. Smiley

Also they're changing CEOs and board members and promising big partnerships and that's it. They basically did nothing for the last 3 years and the price reflects that.
Nice! We're very disappointed with Ripple's performance in the 3 years. 1-2 years ago Ripple crossed the Ethereum marketcap that time new users were compared to Ethereum. The top altcoins position keeps changing day after day, ripple won't last long in 4th place.
Ripple can't be replaced by Bitcoin. Bitcoin is always the best for digital currency, privacy, transaction and mining. I won't compare Bitcoin with ripple in any use cases.
hero member
Activity: 2184
Merit: 531
September 06, 2020, 03:40:35 PM
Ripple is a good cryptocurrency and they have made lots of achievement so far.
What did they achieve? All I can see is them going down from their ATH of 3 USD to 0.3 USD on this day. And believers were thinking it could trade for 1 USD and sustain it. Smiley

Also they're changing CEOs and board members and promising big partnerships and that's it. They basically did nothing for the last 3 years and the price reflects that.



member
Activity: 573
Merit: 30
September 06, 2020, 03:25:18 PM
I see that as just suite saying. Ripple was once $3.84. Tobe precise at the time of 2017 BULL run. Ripple is actually a great project and a blockchain payment method which is currently among the cheapest. That doesn't mean it can meet or beat bitcoin in the next 2 decades.
full member
Activity: 1106
Merit: 103
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September 06, 2020, 02:55:28 PM
Next bitcoin, how?

Centralized, owned by a bank, unlimited supply, all control by a company, still has some chance dump by them, mine their own token only for their self. Off course, that's not gonna happen and can't be compared with bitcoin.
I myself could not believe my eyes when I saw this title of this thread. Only a person who does not understand and does not want to understand the causes and consequences of the emergence of these or other cryptocurrencies could have asked such a question in the head. But as usual, such a person believes that you can just write and that's it ... in short, this is a typical Dunning - Kruger effect
member
Activity: 1050
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September 06, 2020, 02:20:21 PM
I don't think so. Bitcoin and ethereum is very different from each other l. Bitcoin is a digital coin which use is just payment and nowadays many people store it as an asset. In other hand ripple is a banking system based crypto. Bit in this community many people don't like crypto cause it's fully centralised cause ripple is backed by banks and investors. And in marketcap ripple has a good marketcap but it's far behind btc. Btc own the more than 50% of total marketcap of the whole market. So it's hard. But it's a good project maybe in future ripple give some good profit.
full member
Activity: 2240
Merit: 187
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September 06, 2020, 12:26:10 PM
Ripple can't be next bitcoin in my opinion because of it use case, although the market of ripple has been growing sometimes now but can't be compare with bitcoin. Bitcoin is not negotiable as a supreme cryptocurrency, its not just an investment and payment methods but it will be use by petty payment like what ripple stood for. Ripple has it peculiarity compare to Bitcoin but can't see it as a next bitcoin as op assumed.
member
Activity: 516
Merit: 38
September 06, 2020, 12:00:06 PM
Ripple is a good cryptocurrency and they have made lots of achievement so far. I also like the fact that they are able to achieve their purpose of working with several banks around the world, but I don’t think that Bitcoin and ripple are heading to different direction, and I don’t see ripple replacing Bitcoin.

Ripple is good and it has also managed place itself on a high rank in the cryptocurrency market, and yes it deserves that position, and I also think that Bitcoin deserves the position it’s in now as the number one. Bitcoin won’t be replaced any time soon, if that’s even possible. Bitcoin came first and when people talk about cryptocurrency and decentralized payment, it’s always Bitcoin because it is the first to make that name for itself.
sr. member
Activity: 1022
Merit: 257
September 05, 2020, 04:01:03 PM
Are you sure that anything can replace bitcoin? Especially such a centralized coin as ripple
No this is not going to happen even in very long run because XRP is good coin and project but still not able to came near this bitcoin may be few peoples feeling about this but surely its just a decentralized project which is controlled by a company.
It will never gonna happen.
Even if how great xrp right now and even how it shows its improvement to all us, it is impossible for xrp to replace bitcoin. The only thing I know that is possible is its price to increase because  of its continuous growth that will definitely lead for its price to increase any time soon.
hero member
Activity: 2058
Merit: 538
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September 05, 2020, 02:53:45 PM
Are you sure that anything can replace bitcoin? Especially such a centralized coin as ripple
Ripple is a great coin and as you said centralized coin, but it is not enough to be the next BTC. l don't think that there can be any altcoins that can replace BTC. It is really impossible, it doesn't matter coin which is better among altcoins, we will not see that happens. BTC is first and alone which is the king in the crypto world. I strongly doubt the alternative cryptocurrencies will replace the BTC, maybe US-backed crypto can do this. Exceptions don't break the rule.
full member
Activity: 396
Merit: 106
September 05, 2020, 02:43:14 PM
As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?
There is a huge power gap between Ripple and other altcoins even though they also on top 10 altcoins on the CMC. Ripple total market cap is $10 billion while altcoin that runner-up behind Ripple only ranges around $3 billion to $4 billion each. Yeah, it might not stand toe to toe ETH or Bitcoin as you want it to become the 'next Bitcoin' but I think Ripple is fine at the #3 place behind those two. Tether doesn't count.
member
Activity: 476
Merit: 62
September 05, 2020, 01:49:00 PM
Are you sure that anything can replace bitcoin? Especially such a centralized coin as ripple
No this is not going to happen even in very long run because XRP is good coin and project but still not able to came near this bitcoin may be few peoples feeling about this but surely its just a decentralized project which is controlled by a company.
sr. member
Activity: 1162
Merit: 260
September 05, 2020, 01:44:58 PM
As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?

Ripple was strong because BTC was strong. Now BTC is down, Ripple is down too.  With such a dependency on the BTC how can you expect that Ripple will replace BTC.
full member
Activity: 686
Merit: 107
September 05, 2020, 01:27:36 PM
As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?

In terms of technology, ripple is way better compared to bitcoin. Ripple, even if it is accused of centralization, is actually decentralized. Ripple also has a fixed supply like Bitcoin, meaning it is not inflationary and is sustainable in the long run. Some banks are currently using ripple and other traditional payment methods are eying on integrating crypto payments using ripple. Ripple is much more scalable compared to most blockchains and provide one of the cheapest transactions making it a great candidate for future crypto integrations.
sr. member
Activity: 854
Merit: 264
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September 05, 2020, 07:35:48 AM
Of course Yes!
As soon as the creators stop selling their tokens on the market and  when they really will make Ripple truly decentralized. In the meantime, it's more like a very subtle game of deceiving people to earn money on them.
Ripple is not much more trustworthy than other alts. Can slightly more of course same but not more moreover.
hero member
Activity: 2114
Merit: 603
September 05, 2020, 05:31:39 AM
How can one judge performance of one coin with past few days data against the coin who have been outperforming since last decade and year?

When something becomes brand you can not replace it very easily. It may or may not perform in the later stage but the name that it has earned will bring the capital investment into it. In our scenario BTC will always surpass the ripple in any case.

If you read the other posts then there is one more valid reason as to why ripple can't go ahead BTC and that is it's centralised nature. Believe me on this since people are loving the decentralised transactions and that is prime reason why they are here. So it's a no from my side.
full member
Activity: 2268
Merit: 121
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September 05, 2020, 04:54:42 AM
Are you sure that anything can replace bitcoin? Especially such a centralized coin as ripple

guessing and analyzing is clearly allowed and there is no problem if he believes it, but for those who don't believe his opinion must also be respected.
If the story is a possibility, everything is possible but realistic is also necessary.
member
Activity: 742
Merit: 42
September 05, 2020, 04:29:18 AM
As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?


I won't agree with you because since 2018 until now they can't make their coin up to $1. I don't know where you got that idea but 1 thing I'm sure xrp is no much to btc. If you're active of their progress you should noticed all those problems they're facing, they got lot of troubles. lol

Yes, they got big partners but still no much and it will never be.
jr. member
Activity: 236
Merit: 1
September 05, 2020, 04:24:52 AM
Are you sure that anything can replace bitcoin? Especially such a centralized coin as ripple
full member
Activity: 1638
Merit: 122
September 05, 2020, 04:18:51 AM
No, it's not gonna happen.

Crypto is suppose to be for centralized asset, the reason why bitcoin stays at the number 1 because it doesn't change, it's still the decentralized asset that we love before, if it will be replace by Ripple, this crypto market will become centralized, it doesn't make sense really.
yes it will be difficult for ripple to shift bitcoin, even if the price of ripple reaches $ 20 I am sure the position of bitcoin will be solid. because ripple was created only to balance bitcoin and come under bitcoin position
High price doesn't mean high value. YFI is priced higher than BTC but it has not replaced btc

is value and price the same  ? but the word value can have other meaning  . means its valueable  .  fyi was only high on price but we dont consider it as valueable as btc   and the reason why yfi is not on the top ranks is because its new and its marketcap is still small but i dont think it can climb the ranks because not all people are going to get attracted with its high price  . ripple on the other hand is not totally consider as a bad coin but its nature is different from btc and that makes it disqualified as a candidate for the next btc  
legendary
Activity: 2688
Merit: 1026
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September 05, 2020, 04:06:57 AM
No, it's not gonna happen.

Crypto is suppose to be for centralized asset, the reason why bitcoin stays at the number 1 because it doesn't change, it's still the decentralized asset that we love before, if it will be replace by Ripple, this crypto market will become centralized, it doesn't make sense really.
yes it will be difficult for ripple to shift bitcoin, even if the price of ripple reaches $ 20 I am sure the position of bitcoin will be solid. because ripple was created only to balance bitcoin and come under bitcoin position
High price doesn't mean high value. YFI is priced higher than BTC but it has not replaced btc
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