Ripple vs. Banks? - page 4. | Bitcointalksearch.org

solarion

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Quote from: encycrypto on February 15, 2019, 07:39:06 PM

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Both are shit. LOL Wink

Do you any thought that any of this will help the people. No there is no change for it. If you really want the empowerment of money, finance and etc. Bitcoin and other decentralized cryptocurrecies are the only way to make that true. Then banks will not end the ripple.
They encountered this coin into the market to shake the market with the centralized crypto and they done it too. If you are investing ripple. Please do not do it anymore and keep your fund safe on bitcoins.

Imoote

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Quote from: euphonium on February 15, 2019, 08:52:22 PM

Ripple is focused on getting into the banking scene but it's hard. They clearly have some connections since they go and promote themselves as a banking coin.

It's hard, it doesn't mean there's no way, because all the work has its own way and it takes time to fit in, ripple is a coin with a good and good banking concept, so it's not an impossible thing even though it's a little difficult.

Herbert2020

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Quote from: encycrypto on February 15, 2019, 08:29:29 PM

Quote from: bartolo on February 15, 2019, 08:14:02 PM

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

that is the whole point, these "partnerships" are using Ripple not XRP. and in other words many of them are in fact creating their own centralized cryptocurrency and never use the token that their foundation created.

XRP has always been in trouble and was doomed to fail because it was a useless token which was also centralized. everyone knew it from the start too so they only focused on making millions out of it before it dies.

Maslate

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Quote from: encycrypto on February 15, 2019, 07:39:06 PM

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

I have read similar article about this, I think this one will become ripple obsolete, that's why from the start
I never think that investing in ripple is a good idea, it's centralized and its for banks but now banks started to make their own, let's see
where this will bring ripple to.

The crypto space is for decentralized tech only, that's my understanding and I'll only support a decentralized coin like ETH and many others
of course, by doing this, I feel like I'm doing the right thing.

With more banks make their own stable coin, the future of BTC will be brighter.

bitcoinm3ster

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Quote from: bartolo on February 15, 2019, 08:14:02 PM

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Not everyone also wants to build their own platform. It needs lots of cost and employees. Instead, they use the other popular platform to serve for their jobs and it will save more cost

libert19

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Quote from: bartolo on February 15, 2019, 08:14:02 PM

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Not everyone can do everything by themsleves, that's why. Ripple have their things ready so if banks want they can directly use it, rather than by creating one from scratch.

TheCrimsonFucker

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Would not XRP's ambition be to become the bank of all banks? In fact, I see it differently, but it'll probably have some competitors, including the JPM project! Some time ago warned the risk of investing in XRP and apparently it's becoming real. For many it's difficult to accept that Bitcoin is the Sun of the crypto! Any project that tries to get closer can burn. I think XRP can add a lot like Altcoin, just that. You must recognize that your community is extremely passionate.

n0ne

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Quote from: encycrypto on February 15, 2019, 07:39:06 PM

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Not really, ripple will serve as the base. Though banks create their own cryptocurrency for transaction with other networks a platform similar to ripple is in need. In this way the usage of ripple will continue and it is not at all a trouble. Because ripple being a closed chain it is same as that of the banking system, so financial institutions will make use of ripple.

Saugani

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Quote from: encycrypto on February 15, 2019, 08:29:29 PM

Quote from: bartolo on February 15, 2019, 08:14:02 PM

~snip~

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

Great you said, the Ripple belongs to the ranks of the protocol centralised successful and many of the partnerships against the bank is also any included in the local my state.

however, it’s very a lot to assume as soon as possible that the ripple will have a high level of security as the bank maybe a kind of equal, ohh not long enough and requires more time.

I agree the performance on the body of their company very fast so move about cryptocurrency at this time, well Ripple coin have value in the market.

SwiggHeart

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Nope, I don't think ripple will be beaten by the bank who want to create their own cryptocurrency. Just look on the coinmarketcap, ripple has more popularity.

euphonium

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Ripple is focused on getting into the banking scene but it's hard. They clearly have some connections since they go and promote themselves as a banking coin.

encycrypto

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Quote from: bartolo on February 15, 2019, 08:14:02 PM

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

cryptobae10

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Quote from: encycrypto on February 15, 2019, 07:39:06 PM

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

We can wait and find out what actually is the troubles for ripple, but i do not think there is much
Ripple is a big brand, with a private product, and a good market volume on coinmarketcap.
Soon enough, we can find out how strong ripple is.

bartolo

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Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

encycrypto

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This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Topic: Ripple vs. Banks? - page 4. (Read 517 times)