Ripple vs Bitcoin? Decentralize vs Centralize, Who win? - page 6.

bitvalak

sr. member

Activity: 868

Merit: 267

SecureShift.io | Crypto-Exchange

Quote from: asdnguyenthanhtin on March 30, 2018, 06:24:00 AM

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

it's just a strategy to raise the price of Ripple. Because by any means no one can replace bitcoin. Because bitcoin is the center of all crypto currencies. You can certainly imagine how Ripple without bitcoin, it would not be any good. People are more interested in storing bitcoin, and making altcoin another tool for trading. Because their purpose is clear, to collect the bitcoin as much as they can. Maybe for bitcoin development a little slower than the new coin.

AliMan

hero member

Activity: 1974

Merit: 502

Vave.com - Crypto Casino

Quote from: Cynooza on April 23, 2018, 10:07:45 AM

I don't see any chance for any centralized currency to win the race if no violence and coercion is used. Who would want to trust all their funds to some small group of actors?

Bitcoin will win over ripple. Decentralized cryptocurrency is way more better than its opposite. Where in a decentralized form of currency, you can transact private over the countries with ease and fast. The peer-to-peer network is enough to make bitcoin transactions work. Unlike centralized crypto, maybe privacy will be low because it can be track by interventors.

Cynooza

full member

Activity: 238

Merit: 100

I don't see any chance for any centralized currency to win the race if no violence and coercion is used. Who would want to trust all their funds to some small group of actors?

kimochidesh

sr. member

Activity: 518

Merit: 257

In my opinion, Bitcoin will win. Bitcoin has a stronger community of investors and supporters. It has a much higher adoption rate and market capitalization which Ripple cannot achieve easily. The very foundation of cryptocurrencies is based on a decentralized concept. So, there is no point of centralizing it. People, now days have started understanding this, so, Bitcoin will definitely win.

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: Durr_1412 on March 30, 2018, 11:51:03 PM

One thing I want to confirm, Ripple is a token, and Bitcoin is a Crypto currency.
The banks of course will select the best thing to profit themselves but will the crowd need bank in the future. Think about that. You can transfer money to anywhere in the word, then WHY you need to go to the bank, deposit your cash, pay the transfer fee and wait few days with very limit amount. If you want a bigger amount, you must ask for permission in some countries. Then What would you think people like to do? Stay home with a few click on your laptop, smartphone, PC, etc. and your money will be transfer in just a few minutes or even few seconds without limitation. Think about that.

But bitcoin const transactionis just too hight that's why people choose ripple to send small amount instead of using bitcoin. Those who bought ripple may think that it will skyrocket due to supported by many financial corporations such a bank, I personally think that Ripple has bright future but will it beat the bitcoin? I'm sorry I don't think so, bitcoin is still the best.

Quote from: dangwapo311 on April 22, 2018, 03:11:22 AM

I just don't get it or understand why someone would buy a centralized coin. Isn't the wonderful and unique thing about bitcoin and cryptocurrency is being decentralized? I just don't see the point at all and it contradicts the main goal of cryptocurrency. I will still pick bitcoin and will never buy ripple no matter how high and how big the profit it will give.

Basically, it is against the concept that Satoshi Nakamoto has been proposed. In decentralized you have control over your asset and it's a good thing like I've said above those who bought ripple they just didn't care about this thing, I personally care about it.

dangwapo311

newbie

Activity: 196

Merit: 0

I just don't get it or understand why someone would buy a centralized coin. Isn't the wonderful and unique thing about bitcoin and cryptocurrency is being decentralized? I just don't see the point at all and it contradicts the main goal of cryptocurrency. I will still pick bitcoin and will never buy ripple no matter how high and how big the profit it will give.

raidarksword

member

Activity: 2044

Merit: 16

Ripple was a good project presented to the market and many engaged on it, bought ripples but i would say bitcoin is still undisputed of all crypto currency and still the most recognized of them all. For the sake and respect to the crypto currency, their is no need to compare both because they served a great purpose to us all and they both have their own path to follow.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

on one hand we have bitcoin which is decentralized and revolutionary which sets it apart from all the old monetary systems.
on the other hand we have Ripple and other centralized altcoins which are centralized to one group who control everything about the coin and they have not that many differences from old monetary systems such as banks.

so why do you think anyone would ever choose centralized coins such as Ripple and trust the shady foundation of it instead of using banks and trust the government and banks instead? your question is actually the difference between using Ripple versus using something like PayPal and in any scenario PayPal will win.

ereme

newbie

Activity: 30

Merit: 0

Quote from: asdnguyenthanhtin on March 30, 2018, 06:24:00 AM

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

Ripple developers already told that they are working on making Ripple decentralized, so it s not a wanted feature. There is no competition between ripple and bitcoin at all.

jakezyrus

full member

Activity: 714

Merit: 100

Quote from: guon on April 22, 2018, 02:22:39 AM

The key differences are:

BTC is created by miners. XRP is all premined.
BTC has a total supply of 21 mln coins. Ripple has 100 bln premined coins.
BTC takes much longer to complete a transaction. Ripple does it much much faster.

so in conclusion to that , who do you think is the winner? I bet you will say ripple? its ok if that is your choice because every people has their own favorite but for me i think the winner is still btc because btc is the original and btc is mostly or oftenly being used when it comes to online transactions even though they know that ripple is much faster and has a lesser fees.

i only see ripple as a trading coin because it is an alt and alts are mainly best or suitable for trading purposes while btc on the other hand is popular when were talking about investing.

guon

newbie

Activity: 14

Merit: 0

The key differences are:

BTC is created by miners. XRP is all premined.
BTC has a total supply of 21 mln coins. Ripple has 100 bln premined coins.
BTC takes much longer to complete a transaction. Ripple does it much much faster.

campbell.box

newbie

Activity: 109

Merit: 0

It's obviously the BTC win.

XRP is not optimistic, neither the strict encryption currency, nor the decentralization! It serves the bank!

BTC is a completely decentralized currency for the investors of BTC!

LanzCoinPress1994

jr. member

Activity: 112

Merit: 1

Quote from: asdnguyenthanhtin on March 30, 2018, 06:24:00 AM

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

Hi!

Bitcoin and Ripple have very different governance and ownership structures. Bitcoin is highly decentralized and owned by a community.Ripple is owned by a private company and created to improve upon a now-outdated system of international transactions. Considering transaction time, Average transaction cost , Transaction per second and Energy cost per transaction Ripple is better than bitcoin. Despite the downsides of ripple are Centralization and competition. A lot of people feel that Ripple cannot be trusted as a currency because Ripple itself is a Private company with close connection to the bank system. Bitcoin cannot officially partner with any company or entity. Bitcoin has gathered powerful people and currently it's use as a investment opportunity. Hence I believe Ripple has more advantage than bitcoin but It can not beat bitcoin because of community powers and decentralized manner.

Thanks
Have a Nice Day!

xhoondilan

member

Activity: 168

Merit: 10

I think ripple will win for that comparison, one of ripple advantages to all crypto not just Bitcoin itself is the scalability that issues stem from set blockchain parameters which dictate the number of transactions which any blockchain can perform on a set second to second basis. To make an example Bitcoin can currently only process 16 individual transactions per second. Ethereum then lags a little further behind at 15 transactions per second. With Ripple XRP, however, a staggering 1,500 transactions per second can already be accomplished.

lamadu3

full member

Activity: 490

Merit: 100

Quote from: asdnguyenthanhtin on March 30, 2018, 06:24:00 AM

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

As I see it, Bitcoin will win. Initially, cryptocurrency idea was decentralization. Ripple is not real altcoin, and I cannot understand people that compare it with BTC. Naturally, Bitcoin will stay the leader.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: ohlawdy on April 06, 2018, 08:06:47 PM

My hopes are for a decentralized coin , whether it is bitcoin or some other coin. Because of the many advantages it gives to the consumer. But in all honesty i don't think most people care about that kind of stuff. The facebook scandal is pretty much forgotten already and people don't seem to care about their privacy , then why should they care if the currency they use is centralized or decentralized.

you are forgetting one thing and that is the fact that when it comes to a new technology (a new form of currency in this case) people want the new thing not just the old thing with a different name. Ripple is not different from using a bank, paypal, Visa,... so nobody will ever want to use it with the additional volatility and all the risks that XRP has. when you choose something new over the old one you want to get something out of it not add to your misery!
with bitcoin there is volatility, and risk but there is also decentralization and the fact that it is censorship resistance. that is why people always choose bitcoin over any centralized shitcoin.

akashark

member

Activity: 387

Merit: 12

Who wins? Then I will say, that is bitcoin, which will win obviously! Bitcoin is the base of all cryptocurrencies and Ripple is just good crypto coin. If bitcoin down then ripple will down too. Lots of people are not interested in ripple or ripple price, and I am one of them Grin

So, I request you, please don't compare between Ripple and Bitcoin. Let bitcoin remain the king! Cool

RajaCripto

newbie

Activity: 124

Merit: 0

It depends on how many people use it. Because people's thoughts are different. I think Bitcoin is superior because of the large number of fans and the many other forums that let about Bitcoin over ripple. I prefer Bitcoin.

ohlawdy

full member

Activity: 259

Merit: 100

- "Bitcore (BTX) - The Future is Now"

My hopes are for a decentralized coin , whether it is bitcoin or some other coin. Because of the many advantages it gives to the consumer. But in all honesty i don't think most people care about that kind of stuff. The facebook scandal is pretty much forgotten already and people don't seem to care about their privacy , then why should they care if the currency they use is centralized or decentralized.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

Quote from: asdnguyenthanhtin on March 30, 2018, 06:24:00 AM

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

Decentralization and Centralization are two complementary things. And to see who is the best, let the decisive time. Because the question you made is too difficult for me to answer.

Topic: Ripple vs Bitcoin? Decentralize vs Centralize, Who win? - page 6. (Read 852 times)