Topic: Which coin will be the 2nd larget by market cap? XRP or ETH (Read 229 times)
Unfortunately XRP. With huge support from bank world, I think it will be close Bitcoin end of 2018.
LOL so many XRP shills. It's a corrupt garbage coin that bankers will use. Enjoy the rise while it lasts.
If you want to invest in a real crypto, choose XML instead. Much more undervalued, much more profit, much more principled.
If you want to invest in a real crypto, choose XML instead. Much more undervalued, much more profit, much more principled.
I still can not believe ripple can stay there for so long time. Ethereum deserves to be there more than ripple with its background, infrastructure. More than half of icos are still using ethereum blockchain.
The user means that it's not a true cryptocurrency because it's a centralized coin. The whole idea of cryptocurrency from my understanding and why bitcoin was started is 1) To be anonymous, 2) to be a fully electronic currency, 3) to be decentralized. Decentralization is important because no single entity can control the coin or the holders. Aka, we're free from banks and governments just regulating how much is in the market, how it's being moved, etc. Ripple is different. It was created by a person and that person dictates how much ripple is available. One user in this thread explained it well.
That's your idea of crypto currency, not necessarily THE idea. Besides, bitcoin is now working on Lightning Network and that's doomed to become centralized too, like I explained in this topic: https://bitcointalksearch.org/topic/can-lightning-network-work-decentralized-2679337 or here: https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800 Same goes of course for ETH with its "raiden network".
So in the end, bitcoin + lightning network most probably would be a centralized bank system too, pretty much like Ripple. But with the difference that banks actually are interested in Ripple and are actively working right now with the company.
It's because XRP is not even a cryptocurrency. It's just a digital token offered by bankers. It doesn't even belong on the "cryptocurrency market cap" if the name is accurate (although this can be arguable for many other coins, but especially XRP).
Just because it doesn't share all of the characteristics of an "ideal" crypto, doesn't mean it's not in the same family of digital currencies. In fact, what matters is if the predominant public opinion considers it a crypto. Then, it certainly has the potential to steal market share from ETH, BTC, or any other coin.
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The user means that it's not a true cryptocurrency because it's a centralized coin. The whole idea of cryptocurrency from my understanding and why bitcoin was started is 1) To be anonymous, 2) to be a fully electronic currency, 3) to be decentralized. Decentralization is important because no single entity can control the coin or the holders. Aka, we're free from banks and governments just regulating how much is in the market, how it's being moved, etc. Ripple is different. It was created by a person and that person dictates how much ripple is available. One user in this thread explained it well.
The user means that it's not a true cryptocurrency because it's a centralized coin. The whole idea of cryptocurrency from my understanding and why bitcoin was started is 1) To be anonymous, 2) to be a fully electronic currency, 3) to be decentralized. Decentralization is important because no single entity can control the coin or the holders. Aka, we're free from banks and governments just regulating how much is in the market, how it's being moved, etc. Ripple is different. It was created by a person and that person dictates how much ripple is available. One user in this thread explained it well.
Additionally, Ripple is based on a system of "trusted validators".
Quote
Today, we are excited to announce the launch of the Ripple Validator Registry
at validators.ripple.com. The Validator Registry gathers and publishes data for all
network validators, enabling rippled operators to determine which validators to trust.
at validators.ripple.com. The Validator Registry gathers and publishes data for all
network validators, enabling rippled operators to determine which validators to trust.
This completely defeats the purpose of a decentralized cryptocurrency. Besides,
Ripple has a huge outstanding supply and 1 billion new XRP are released every month. This
will completely dilute any existing holders. Meanwhile, BTC issuance is going to go down
after the next few block reward halvings.
Ripple is a joke. Good business, but as cryptocurrency it's a joke.
Care to elaborate ? The big banks seem to think otherwise they have huge names already lined up like RBC, Santander, UBS, American Express, Credit Agricole, CIBC, BBVA etc etc etc. So "a joke" is pretty inaccurate. This is something quite serious.
The user means that it's not a true cryptocurrency because it's a centralized coin. The whole idea of cryptocurrency from my understanding and why bitcoin was started is 1) To be anonymous, 2) to be a fully electronic currency, 3) to be decentralized. Decentralization is important because no single entity can control the coin or the holders. Aka, we're free from banks and governments just regulating how much is in the market, how it's being moved, etc. Ripple is different. It was created by a person and that person dictates how much ripple is available. One user in this thread explained it well.
Ripple is a joke. Good business, but as cryptocurrency it's a joke.
Care to elaborate ? The big banks seem to think otherwise they have huge names already lined up like RBC, Santander, UBS, American Express, Credit Agricole, CIBC, BBVA etc etc etc. So "a joke" is pretty inaccurate. This is something quite serious.
I don't see any reason why Ripple should be in the top 10, let alone the top 2. The fight between Ethereum and Bitcoin Cash for the #2 spot was interesting. I think Ethereum should rightfully be #2, but would find it difficult to come close to Bitcoin in market capitalization primarily due to the network effect.
It's because XRP is not even a cryptocurrency. It's just a digital token offered by bankers. It doesn't even belong on the "cryptocurrency market cap" if the name is accurate (although this can be arguable for many other coins, but especially XRP).
Don't worry too much - as the market for digital currencies grows, there will be many different niches (privacy coins, banking coins, digital gold, etc.) that will be filled.
XRP and BTC should not compete too much, in my opinion, as long as the market cap expands.
Ripple is a fake market cap. Can anyone actually say how many XRP's are in real circulation? Just because I create 100 billion coins doesn't mean I actually gave anyone any. I can give out 100 and keep the price inflated to 2 dollars forever and my marketcap would show almost 3 times as much as XRP's.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
That's right, and it's exactly the reason I didn't buy XRP. The whole thing makes you a slave to the bankers who can monitor, freeze, and reverse transactions, and artificially change prices.
The only thing that makes it not as bad as the Fed is that at least it can't "print" XRPs. But that's not saying much.
Nevertheless, you have to admit that XRP has a lot of banking partnerships, and people want that. A lot of people don't care about decentralization - these days it's just about the money.
**This is not a problem though**. XRP and BTC and ETH do not have to be competitors. They are actually quite different. Just because there is banking functionality does not mean that BTC and ETH is obsolete - obviously.
The only problem, which is artificial, is that money moved from BTC to XRP. However, when new money comes in (like it is right now) then we will see them go up in tandem.
I downloaded Ripple wallet, it asks me to pay 20 XRP or 50$ to be activated.
So just like a transfer to your bitcoin wallet
I don't see any reason why Ripple should be in the top 10, let alone the top 2. The fight between Ethereum and Bitcoin Cash for the #2 spot was interesting. I think Ethereum should rightfully be #2, but would find it difficult to come close to Bitcoin in market capitalization primarily due to the network effect.
number two is currently unknown, most likely not Eth, but at least it is a possibility, but definitely not Ripyo.
candidates: too many to mention.
candidates: too many to mention.
which coin will be the 2nd larget coin by market cap? And why? Feel free to share your comments below.
We don't know what the future holds and even more, you didn't tell a time frame when you are interested in 2nd largest market cap.
If the time is long enough, it will be another coin.
There are already safer alternatives to ETH, alternatives (or the tokens on those platforms) that were never hacked.
Ripple is a joke. Good business, but as cryptocurrency it's a joke.
There are many better coins; even better coins or with more power behind them may come to life in the future.
My answer is: neither ETH nor XRP.
the answer is bitcoin
I don`t care about ethereum or ripple.The only thing i care about is bitcoin.
The current situation in the btc market doesn`t look like a bearish trend.I will call it a bearish trend,if the price does under 12000 USD.Anyway,i refuse to sell my btc and i will continue to HODL,waiting for the spring.
It looks like a lot of people sold btc and bought ethereum and other altcoins.This is temporary.
you should care , sometimes when bitcoin get stuck , alt coin always be a choice to freeing up your cash and using your money to purchase another crypto currency. the market cap always be one of many good references to choose which one .The current situation in the btc market doesn`t look like a bearish trend.I will call it a bearish trend,if the price does under 12000 USD.Anyway,i refuse to sell my btc and i will continue to HODL,waiting for the spring.
It looks like a lot of people sold btc and bought ethereum and other altcoins.This is temporary.
since last year i support ethereum after bitcoin as a crypto currency , ripple too strange for me.
Ripple is a fake market cap. Can anyone actually say how many XRP's are in real circulation? Just because I create 100 billion coins doesn't mean I actually gave anyone any. I can give out 100 and keep the price inflated to 2 dollars forever and my marketcap would show almost 3 times as much as XRP's.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
This, XRP is bullshit.
Ethereum can't make it because it's still suffering from Cryptokitties issues, ethereum network is still slow. Ripple has a better chance of maintaining the No. 2 position on the cryptocurrency market because it is very cheap, fast, and more investing are putting their money into XRP everyday.
I can't imagine how Ripple (XRP) have this market cap with Unknown reasons.
I downloaded Ripple wallet, it asks me to pay 20 XRP or 50$ to be activated.
if price rising no one will use it.
I downloaded Ripple wallet, it asks me to pay 20 XRP or 50$ to be activated.
if price rising no one will use it.
Ripple is a fake market cap. Can anyone actually say how many XRP's are in real circulation? Just because I create 100 billion coins doesn't mean I actually gave anyone any. I can give out 100 and keep the price inflated to 2 dollars forever and my marketcap would show almost 3 times as much as XRP's.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
Just beware.. the XRP folks can throw another few billion into the mix and boom.. price crash. They are just waiting for enough suckers to get in to cash out.
Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.
As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit.
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