i am assuming the same --- holding bitcoins till 2020 --but what do you think about ripple...do it have a secured future as well
RE: Bitcoin 500k in 2020 is not unlikely - should I place a stop at $475.000 to be safe ?
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Bitcoin 500k in 2020 is not unlikely - should I place a stop at $475.000 to be safe ?
You know, 21 million bitcoins. Ripple - sort of endless supply... one is more seen as store of wealth, the other as a means of exchange, so they don't play in the same field. There's lots of coins that can be great means of exchange, the entire ETH chain, Litecoin, Lumens and ... and... the rest is psychology.
Banks and isntitutions may use one or more of these, nations may, or they my create their own.
In this connection, I don't think anyone will be impressed with Ripple's volatility, though in essence that wouldn't really matter - but again, psychology.
Users may use what they think is best, or follow the banks' offers, which is more likely as users are not always the brightest, and they are herd animals. Can't foresee what institutions will decide.
Not all decisions are reasonable, most are trial and error.
All this is the reason why so many people still stick with bitcoin and hodle on through, with me it's 50/50.
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