Atleast think before saying
Marketing maybe was just average
20k for 37,532,331,339 XRP is too much atleast for a year or two
think if XRP would be 20k it market capital would be roughtly 50% of BTC
No marketing would make it achievable unless....
Appreciate the Tradingview link.
I've been watching XRP for a while. Its an interesting project but sometimes I'm concerned at their lack of real information.
Every few months they announce that some bank is using Ripple, but don't seem to give many details.
Hopefully this is a project that is actually seeing growth and development, and not just vaporware.
I think a solid project, but the marketing is very weak, XRP would be above 20K if the marketing worked well.
Not with the projects coming up for it. Ripple is still cheap, in my opinion. Even for those who bought it at $0.06, it was still cheap.
I see it having the most potential out of all cryptocurrencies. I do not think it will get past BTC in terms of price, but in terms of market cap... Who knows?! No other cryptocurrency has been planed to work in a bank, by the banks. Now add banks to the altcoin and you'll get some pretty huge transactions every day.
The big disadvantage is that there is going to be no anonymity. When you work with banks you cannot be anonymous. But for this, we will have paper wallets and so. What I'm wondering is.. will we be able to send from anonymous wallets to bank accounts? One of the ends will be unknown. Not that I'm going to use banks for Ripple, but we still need to find more about the new system. Anyways.... I see XRP up +200% in months.
It's easy:
Banks getting their own ledgers (blockchains) for their transactions. They do not need XRP for that. They only need the Ripple-technology. So they can handle everything anonymous.
But:
To connect all these single ledgers (from all the different banks from all over the planet) to make transactions possible between them, every single ledger must use the inter-ledger. For that, you need XRP.
The open ledger for everyone - which I can use to send someone some XRPs - is not anonymous. It is only anonymous somewhere at the inter-ledger or behind.
So banks are using / testing Ripple-technology now. They do not need XRP for that. But for every connection to the public, or to other banks with different ledgers, they need XRP. So the bigger the Ripple-network will become, the bigger the need for XRP will be.
Please correct me, if I am wrong.
If Ripple will be THE global transaction-service of the future (something like VISA, or, or, or) - and there are a lot of hints, that this might happen - caps of 100B and more are ... peanuts.
A year or three the top banks including the IMF will adopt the ripple technology. XRP will also be utilized.
