$100 Ripple? Mark Cuban Investing In ICO'S?
7 years ago by rtdcs (63)
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$100 Ripple? Mark Cuban Investing In ICO'S?
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This post received a 1.8% upvote from @randowhale thanks to @rtdcs! For more information, click here!
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Ripple seems like it has great potential. I've spent a good amount of time researching it recently.
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buy it while its cheap, Ripple isnt being comercially developed with 60 banks and 15 large financial institutions because its useless!
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The Ripple network is useful, but why would banks want to use XRP instead of fiat currencies on the Ripple network? I have not heard of any reason other than as a bridge currency between rarely traded fiat pairs.
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the face that they can send money across border in 4 seconds and save banks 60% on processing fees, thats why
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and by the way it will be traded between all fiat pairs, why are you saying rarely? you obviously have not done any research on ripple
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Sure, but banks can also transfer fiat over ripple, cross border etc. If a US bank wants to settle funds with a bank from an obscure country, they might not have USD to x country fiat trading pairs with enough liquidity. But they have usd to xrp, and xrp to x currency. That is what xrp is for. Is there any other reason for them to use xrp? Honest question.
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Ripple was made for banks. It also has an insanely fast transaction speed.
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Yea I'm quite new to Crypto's and I don't know much about the back-end mechanics of it but my experience with Ripple has been my favourite, it's SO fast. Plus no fees. Bitcoin for me is so slow.
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I am also on the fence. big reason I got into gold/crypto is to get away from the banks. yet, if you want to make money, get in early and hold a position. It is still very cheap, I may hold and see what happens.
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Hi everyone, seeing as this post is about Ripple I thought I'd chip in. I really love to see Ripple do very well. They're a legit company and can become huge. The XRP story is difficult to understand though... I've written a few posts about it. One can be found here (and it will lead you to another few): https://steemit.com/blockchain/@valderrama/with-all-these-deals-and-real-life-use-cases-why-doesn-t-ripple-s-xrp-price-rise
Perhaps you'll find my posts useful, If you can I would love to hear all your insights as well. @rtdcs @southsea @cryptotraderx @inasniom @runrudy
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Very good blog. I was about to post a similair thread. Only invest in ICOs if you did the best possible research you can do and really believe in the future of the project. Wetter you're a short- or long term holder you should know what you put your money in. Does anyone know about: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. For example: https://www.coincheckup.com/coins/Ripple#analysis To watch Ripple Detailed analysis.
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