Ripple is simply unstoppable these days. It´s currently valued at $1.80, which is amazing considering that it still traded around $0.25 USD just two weeks ago. I´ve been a huge believer in this coin since the beginning and therefore happy that the value finally went higher and pushed it back into the TOP 3 Cryptocurrencies.
Currently the market cap got a total value of $70 Billion USD, while some might argue that it´s already more than $180 Billion USD, whenever all existing coins get taken into consideration. That being said it would mean that another rise of $0.70 USD could make Ripple the number 1 cryptocurrency out there.
I personally am convinced that Ripple will definitely stay within the TOP 3 and could as well eventually become the number 1 cryptocurrency overall as the company behind it is providing real solutions and value to the world through the power of cryptos.
What´s your opinion on this?
Could Ripple eventually become the Nr. 1 cryptocurrency?
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Looks to me like all the new money that entered the crypto space over the past 2 months is jumping between different coins in hopes of quick returns. Add in the algos that chase momentum, and you got yourself one crazy rally completely divorced from fundamentals.
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Hmmm, let's see. If I have $1,000 in Christmas money, would I buy .07 BTC or 500 XRP????
No brainer!
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People just love round numbers. Owning 500 XRP sounds so much better than 0.07 BTC for all newcomers.
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Dumb money will continue to flow into the market causing more huge pumps and dumps over the next months for sure. People just invest blindly into any cheap coin...
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Yes, Ripple will surpass bitcoin one day. Ripple is faster (3sec) to send vs Bitcoin(1hour+) . the fees are 100 times lower. Ripple is selling it's tech to Banks and organizations. So, definitely!
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The only thing keeping Bitcoin on top is nostalgia (it was the first). I made 2 online purchases with Bitcoin Cash the other day....transaction fee grand total: $0.06. Bitcoin Cash is already far superior to Bitcoin. It's only a matter until everyone realizes that this king is buck naked.
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Wouldn´t BCH face the same issues than BTC whenever there are more transactions? Further what are your thoughts about the decentralization of BCH. So far it seems like it´s a project of some few individuals or am I misinformed here?
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Taking all coins into consideration XRP just got the number 1 cryptocurrency today. But regardless of that I see a huge potential for Ripple in 2018 :)
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let's see what happen...
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@steembusiness is Ripple moving UP strongly because it may soon be offered on Coinbase ??
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It's already slated to be added to Exodus in the very near future (according to one of their techs). Once it hit's Coinbase, it will easily be in the double-digits.
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Agreed, in case XRP hits Coinbase the value will take a huge jump upwards into the double digits easily within a few hours or maybe a day.
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There are a lot of rumors out there about upcoming partnership announcements or a coinbase listing. We´ll see what´ll come during the next weeks :)
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What I don´t like about Ripple is their centralized take on the decentralized mission cryptos are on. I´m not a fan of their philosophy at all, but if Ripple stays stable, less volatile and there are trading pairs possible with other coins in the future, then it may become a solid gateway currency. I won´t invest in Ripple - even if it goes up to 3-5$ in the future - since there are better opportunities out there, but I can image it to become an important currency. That being said: I would still prefer ADA to become this currency, but no one will ask for my personal preferences here... ;)
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XRP will still exist even after the company Ripple might be gone. The currency isn´t centralized but yes the ownership of the coins is. Let´s be honest though as that´s actually the case for many cryptos as well as for steem.
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I like ripple because of their ambition to become the world reserve crypto currency (if I remember correctly). However the price action is absurd to me and seems unsustainable. It just reached 2 USD and over took Ethereums market cap. It might crash like the last time when it over took the market cap of eth. Also it’s a centralized currency, that makes it less valuable to me than bitcoin. Do you really want to hold ripple when the banking system fails..? Not me. Still a good coin though.
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well do you really think the banking system will fail? I believe in the success of cryptos but they´ll coexist with the current system for a long time before a major change might eventually take place.
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the past one week has seen some positive news from asia that some japanese and korean banks have the ripple blockchain and has had some impact of XRP, the gain are tremendous and as it been rumored that more banks want to join the blockchain , it will push the coin further up even surpassing etherium in market capitalization
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XRP got huge potential in regards to its use case and an actual company sitting behind to work on its success. I´m convinced that we´ll see further amazing news to come and further price increases to much higher values.
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Currently, Bitcoin is the best place in the market. I'm skeptical about whether any other currency bitcoin can go upstairs. However cryptocurrency can be any time in the market any time. There is no guarantee of this.
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I'll have some of what your drinking. Kool-aid?
The only thing keeping Bitcoin on top is nostalgia (it was the first). I made 2 online purchases with Bitcoin Cash the other day....transaction fee grand total: $0.06. Bitcoin Cash is already far superior to Bitcoin. I also made an online purchase with Bitcoin and had my arm twisted by BitPay to use something called Bitcoin Payment Protocol.
Bitcoin Payment Protocol is a crutch because using Bitcoin as a method of payment is no longer feasible.
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I'm mining with Hashflare (cloud mining bitcoin) https://hashflare.io/r/13062913-1
and trading on Binance for altcoin https://www.binance.com/?ref=11789561 ! :p
made a lot this year :3
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congrats...
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thanks for sharing
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very welcome.
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https://steemit.com/flowers/@tjunaidi/the-flowers-are-red-a0d9ee07b97c3
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thanks for sharing deserve upvote :)
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must be stopped
ripple = shoot oneself in the foot
Why I did NOT buy Ripple, Why I will NOT buy Ripple?
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mmh let´s talk in a few months from now and see whether you´ll regret that decision :P
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I could buy it in May but I did not. And I will Not!
Should slavery continue?
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Before the whole system will change and we´ll be able to be our own banks we need the whole world to trust it. So what better way than to have the banks use the technology to show people what it´s capable of just to cut the banksters out afterwards.
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Nice article, to be honest I also think Ripple may have a very bright future, but we need to still see if when confronted with network saturation, huge potential price and millions of transactions per second the very foundations of the coin and overall objective still stand... but for now, I am a believer! :-)
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