Topic: Ripple - the world leading cryptocurrency? Is it possible? - page 2. (Read 2601 times)

I asked these shills to name just 1 single MAJOR reputable bank.
And i have NEVER gotten a reply back.. no matter how many times i ask.

89 banks my god damn ass.
Bank of Nigeria ? does what exactly now ?

Ripple is a train wreck of bullshit.. where would i even begin ?
It needs to die with fire !

Historic coin.. first ICO.. thx assholes  
First shitcoin fined by FiNCEN.

Need more ?
Wait for the next kidiot spam topic posted here.. there will be more of course  

What does "joined Ripple" mean? Are those banks using the public RCL? What are their issuing account IDs? Do they use XRP? What does their workflow look like? How much payment volume do they run through RCL per day? Unless these questions are answered, this news announcement is nothing but HYPE.

What he said above, plus, there is no point to invest other than investing as a gamble. This token exists and its open to the public just as a milking machine for ripple, so it can make money by dumping more tokens on the market whenever they want. Ripple wins, banks win ( assuming ripple is useful to them, and not just as a testing platform ) and greater fools aka investors, lose.

Ripple is a crypto currency who is compliant with banks requirements, everything is transparent (at least for the accounts) and it is centralized, there is no coin generation or anything, just a central authority who emmits money, like central banks do.
It is totally possible/normal for them to work with bank institutions because of the traçability of the funds.
In other words, XRP is a FIAT currency in the form of a crypto currency.

When ripple is pure shit, why the 3th largest bank + 89 other banks already joined ripple?

I have read a little bit about ripple, and it looks like, that banks all over the world joining ripple.

What do you think, is it possible, that Ripple can be bigger (or even much bigger like with a 100 billion marketcap) than bitcoin?

Because i dont know what this (already over 90) banks will make with the price?
I cant really say it, will buy these banks all ripple, or will buy the people of this banks ripple?
How will be the effect on the price when the advertising from the banks will start?


Here are some news from the last days:

The biggest bank of japan (the 3th largest in the wolrd!) joined ripple
"U.S. startup Ripple will provide blockchain technology. Joining BTMU are Bank of America Merrill Lynch, Standard Chartered Bank of the U.K., Royal Bank of Scotland, Spain's Banco Santander, Canadian Imperial Bank of Commerce and Australia's Westpac Banking. About 90 banks in all could participate in the new service, according to Ripple."

http://www.financemagnates.com/fintech/news/ripples-global-payments-steering-group-adds-btmu-constituency/
http://asia.nikkei.com/Business/Deals/Japan-s-BTMU-plans-international-fund-transfers-via-blockchain-in-2018



The bank of Englang also joining.
"The Bank said that its aim with Ripple is to "show how this kind of synchronisation might lower settlement risk and improve the speed and efficiency of cross-border payments."

http://www.telegraph.co.uk/business/2017/03/17/bank-england-trials-artificial-intelligence-blockchain-bid-stay/
http://www.bankingtech.com/775302/bank-of-england-teams-with-ripple-for-cross-border-payments/



Ripple is working with more than 90 banks, over 10 of which have already implemented Ripple’s technology in production –- meaning that it already facilitates real transactions
https://www.bloomberg.com/news/articles/2017-03-20/sending-money-overseas-to-get-faster-once-banks-pick-a-winner



47 "small" japenese banks also joined.

SBI Ripple Asia, a joint venture between Ripple and Japanese financial services giant SBI Holdings, launched the pilot program in October 2016 with a consortium of 42 member institutions, including both brick-and-mortar and online banks. After a trial run, some 47 banks are now set to bring Ripple’s cloud-based payments platform to the masses.

https://oneworldidentity.com/2017/03/15/japanese-banks-embrace-blockchain-successful-trial/
http://www.enterpriseinnovation.net/article/forty-seven-japanese-banks-go-commercial-ripple-platform-1140300448