I like Ripple as company. I don't like Ripple as coin holding.
I would love to have a share in the Ripple company and would hold longterm. Holding utility Ripple coin is just useless. Service users of Ripple don't even have to use XRP. What exactly is the idea behind the growth of XRP other than speculation?
And are you expecting Ripple to surpass marketcap of Visa for example?
LOL
Bro do you arrive in 2018 soon?
Murketcahp of vihsa
What marketcap does the $ or the € have?
So you actually think that Ripple will overcome USD or EUR and actually replace them? Wow.
Don't be so naive. If the governments or central banks want to have their own currencies, they indeed will have them. And it doesn't matter what solutions do business banks use. When you will receive a fine it will have a FIAT currency price written on it. And you will need to pay it with FIAT. Repression is sthg government will always have over any crypto currency.
Tell me what's the marketcap of currencies?
*change my mind. Go!
Assuming XRP was classified a "virtual currency" by the department of financial services US
A total supply of a currency, by definition. But it doesn't make sense to calculate marketcap of fiat, national currencies...
XRP is a virtual currency of a company. Thus, it has some known supply and known price, so marketcap can be calculated.
Marketcap of a Ripple company is something totally different. And that marketcap counts. XRP marketcap is a useless speculation.
Are you an economic expert with background in finance? No?
Tell me why BTC is worth what its worth and and its not a useless speculation and why XRP can not be valued higher than BTC, please.
Feels good to talk to people again after months of bot posts
Well, I do have a bachelor in economics (Master will be in my pocket hopefully next year) and I do work in finance. I wouldn't call myself an expert though. We are far from that, mostly experience is needed.
BTC is a speculation. So is Tesla. That doesn't mean that they are worthless. BTC has the power of "the first one" and its worth is in technology imho. A lot will have to change for it to become massively adopted and I don't mean just technology-wise. Also regulation and mentality of the people-wise.
And I didn't say that XRP can not be valued higher than BTC. Actually I do see a future, where XRP has higher marketcap than BTC... It's just that I don't see that how could XRP atm stand with so high marketcap. Correct me if I am wrong, but you don't need to use XRP to use services of Ripple company.
Ripple company I grade very high. And would love to have stocks of Ripple (do they exist?).