Bitcoin Forum

I read some post here in the forum that Ripple will replace bitcoin...is it true? Let's find out....
https://bitcointalk.org/index.php?topic=5271101.0



It is clear that  Ripple isn't trying to compete with Bitcoin but we still want to see both this two different digital coin to become successful in crypto space. Let's support both of them and enjoy the benefits they bring to us. Bitcoin now is still striving to reach the past ATH and Ripple also increasing it's value from the past few days.

Ripple is different than bitcoin. it was working to provide a payment channel system to replace the traditional financial system that is still being used by the bank. Ripple has no intention to compete with bitcoin but the problem is this company is truly centralized and ripple payment system is not getting a lot of demand from the market.
Some accusations from ripple investors have been making ripple looks a shady security coin. The ripple company was also the most active company that was dumping its premined coin to the market.

There are lot of advantages of XRP compare than Bitcoin or Bitcoin to XRP. I am not fan of Ripple at all but I am using Ripple sometimes to transfer my funds to different exchanges to save transaction fees.
Look at what the CEO said, he don't hate Bitcoin. Let's say Ripple way still the way Bitcoin stays, then there will be no problem at all.

XRP serves a different purpose than BTC, mainly as an e-cash or payment network. BTC is more suitable as sound money, privacy concern, decentralization. Price-wise, XRP just can't rise at the BTC level. In other words, XRP might be used more than BTC but its value won't necessarily as high as BTC.

Ripple is the banking support platform so it was totally against in the Bitcoin environment. It is occupy the more market cap in short term, so xrp is occupy the  huge consumer in gradually. But Bitcoin is a solo king of Crypto market and it is occupy the 30% of market cap in Crypto platform. It is easy to  handle for most of the countries because it occupy the huge whales in every countries,  so we never compare the Bitcoin and Ethereum. I hope no one replace the Bitcoin.

In a way, Ripple has just put his own features instead of copying everything about Bitcoin. Bitcoin has become the inspiration of what Ripple has become. Initially, it's not really made to be competed just because of the centralization. I can't seem to forget that one of the founders of Ripple is dumping his own stash at market price. I don't think they could continue to rise in price if that continues.

---

I think you have the wrong quoting sequence, RussianEnglishTranslation. You should edit your post.

It is clear as day that XRP is most definitely not even a competition for bitcoin. XRP is working hard to become a payment processor or method where bitcoin mainly want to become a currency that is used worldwide.
Even the fact that Ripple keep making cooperation with some banks or large institution already speak itself. I think people that think XRP and Bitcoin is competing kind of dense people.

By this statement I think there should be no argument whether Ripple gonna replace bitcoin because that's not gonna happen even in the future.

Lets be realistic here. We all knew that bitcoin is the king of all blockchain. Comparing a giant to an ant isnt really a match here. However, I am confidently can say that Ive used xrp more often than bitcoin when Im having a peer to peer transaction or having an external transaction from an exchange outside a supported wallet.

Luckily there is an xrp option for our countrys best wallet we are using. The fee is important so I tend to use xrp than bitcoin. No offense, I love bitcoin but action tells me that xrp is really useful on our daily trading needs.

People will choose bitcoin than ripple because the price of bitcoin is at a high price. But people also invest their money in ripple because they want to make additional money. But I don't think that ripple will replace bitcoin's position as the crypto market leader because ripple needs to compete with the other coins before ripple can compete with bitcoin. But ripple can have the opportunity to lift the market position if ripple can get more supports, and ripple needs more time to increase again. If ripple can increase again, I think the position in the market will be change.

The biggest problem with ripple is its Total supply which is huge and being centralized. Ripple cannot compete with Bitcoin because of these two primary reason. That being said Ripple is great if you want to transfer funds it is not only faster than Bitcoin but it is actually very cheap when we think about fees.

I do not fancy Ripple  as a commodity but I would recommend it to anyone who wants a cheap and fast way to transfer funds.

I suggest you remember one important cryptocurrency axiom: Nothing can replace Bitcoin.
If you need fast and inexpensive transactions, you can use TRON, UOS, Ripple, Doge and other coins.
After a hard fork in 2028, the influence of miners on the price will greatly weaken and bitcoin will become a new global financial reserve.

They are both good!

But Bitcoin is beautiful because of its rarity!

Ripple is not, and it is more centralized than bitcoin.

We'll see what happens over the years ...

Agreed on the statement. When the mining of bitcoin reaches the maximum supply automatically the miners influence over the bitcoin will gradually reduce. By that time the transaction fee will be the earning for the miners. Based on this there hands will be over bitcoin, because they're the one to decide the transaction fee. Even now governments have started considering bitcoin as reserve. After deep analysis about the future only these decisions would've been taken.

I'd like to start by saying that normally users will compare ripple and any other fairly good altcoin to ethereum, but till this time eth is still much better than them all. Bitcoin is used as a hedge against fiat inflation, it's the crypto that companies want to invest in and make their reserve asset; Bitcoin stood steady this year, even after the pandemic and all and now is moving up to cross the ath, Bitcoin is much better and 'bigger' (even on a global scale) than Ripple, it's much more widely used and appreciated than any other crypto, for most people when they hear cryptocurrecy, only Bitcoin comes to their mind, having said that, Ripple has it's own pros, and it's good for the altcoin network for a few reasons, but Bitcoin is irreplaceable.

Bitcoin is much better than ripple earlier in the year the price of bitcoin dropped due to the corona virus but now the price is higher than before the demand for ripple currency is very low so it could not rise in the crypto market. Bitcoin's investment is high and price increases have made it popular in the market bitcoin is much ahead of the ripple and it doesn't take long for the price of this currency to go up if the demand is high the market pumps a lot.

Ripple wasn't created to replace bitcoin and has never been. Moreover, it's offering a different value proposition which is very different from that of Bitcoin.

From the excerpts above, it's clear that Ripple is mainly used for payments and settlements by financial institutions. If I remember correctly, in 2017 Ripple tried to take the top spot from Bitcoin with only $1 - $2 Billions left to equal bitcoin's marketcap but then everything fell apart and it hasn't been able to recover since then.

It is just a satement of people who are ignorant and they dont know any shit of bitcoin. Even in competition, xrp can never reach the same level of bitcoin no matter how advanced the technologies inside is

Even Vitalik Buterin the co-founder of ethereum network is also supporting bitcoin which is offcourse in larger terms of the success of the blockchain technology. I think this is the spirit and support required for crypto to achieve adoption.

Another broken-record statement. Trust me, no coin will ever replace Bitcoin, it's the Alpha. Bitcoin will always be the first reference when anyone talks about Crypto. Even when this DeFis come, and some DeFi coin price is higher than Bitcoin. Any business/people that want to start joining crypto world will choose bitcoin first. I think Ethereum is the closest to equal to Bitcoin, but then again it has different functionality, people will still prefer Bitcoin for payment purposes.

Replace in what sense? His position on Coinmarketcap? I do not think so !
Replace for a payment method? Maybe yes. Ripple is a centralized coin and has a stable price, it is a very good method of payment.

Ripple, of course, is a very top cryptocurrency and Ripple technologies and capabilities are very successful, but Ripple will not be able to overtake Bitcoin, so we shouldn't even think about it, because big players are already accustomed to receiving the most profit from Bitcoin and I am sure that in the future Bitcoin will still be at first place.

it is very clear that XRP will not be able to replace Bitcoin in any case,
if you look at Paypal, only XRP is not supported by their platform. Litecoin and Ethereum they trust and listed on paypal,
and whereas XRP why don't they listed it to paypal? really makes me curious

Xrp and btc have different purpose and objectives.
As bitcoin promotes the usage and incorporating the blockchain system, ripple focused on bank/ global financial system payments.

While xrp transactions are  more favorable because it just takes  seconds for sending transactions but when it comes to the investor's choice between the two, bitcoin is superior and priority.

The Ripple blockchain performs much better than Bitcoin. It makes transactions faster, deals cheaper, and transactions are more scalable. Not only this, but the Ripple consensus mechanism is much better for the environment - it doesn't waste huge amounts of energy. Ripple's purpose is different from Bitcoin, so I personally never think of Ripple as "the next Bitcoin.” Because, in my opinion bitcoin is still the number one cryptocurrency in the world, and I believe that bitcoin is more suitable as a store of value than a payment system, however, the most important thing is that Bitcoin price movements are fluid in the market

There has been a lot of debate about Bitcoin and Ripple. Some investors even consider XRP tokens to be more valuable than Bitcoin. XRP aims to increase the efficiency of the banking industry, while Bitcoin, if it is massively adopted, can undermine the bank's monopoly on the people's economy and until now there is no single fact that can corroborate if XRP is better than bitcoin and can be a substitute for bitcoin in the future because I think both Crypto has different goals be it Bitcoin or XRP but even so XRP has a strong dependence on bitcoin price movements right now.

There is a big difference between xrp and bitcoin because xrp is becoming popular in other countries because xrp has partnerships with banks and it helps a lot because it facilitates the transfer of funds to other accounts even bitcoin gradually known by other people because it can be used to pay bills and buy items in malls and so on.

Lol Saying Ripple will replace Bitcoin is like saying "dogs will lay eggs" which is impossible. I wonder why people make such unrealistic comparisons and postualtions, I'm not a holder of XRP and not exactly against it since I'm impressed with the development so far with Ripple, however saying it will replace BTC is hyperbole. Ripple is cool when it comes to speed of transaction and negligible fees, but BTC is the pace setter. Both are unique in their own ways anyway, Ripple being good for cross border payments, and BTC now seen as store of value in crypto. BTC is king, the difference is clear with respect to market cap.

Honestly, I don't know where this comparison of XRP with Bitcoin comes from. Are those comparing them looking at Market cap? Price? Demand? Outreach? Total Supply or what? I would feel a bit comfortable were the comparison on Bitcoin with Ethereum. Ripple is no match for Bitcoin. I hate to invest in tokens/coins with total supply that runs into billions. Ripple's supply is in such. Again, while Ripple is centralized tech, Bitcoin is decentralized and the king of the blockchain tech.

Exactly my bewilderment too!

This is not the first time I read this comparison between Ripple and Bitcoin. We all know that Bitcoin was belong to decentralized while
Ripple is not, in terms of long terms I would rather go of course into Bitcoin, but in terms of low fee Ripple is good for that, because every time I made a transaction in conversion of my profit here in crypto I used XRP for this I won't deny that but it doesn't mean I agreed that Ripple can replace Bitcoin in the future, that's a big NO! of course for me.

Bitcoin won't be replaced by any coin.People may predict the coin which had a good reputation will be next bitcoin.It's only by the good potential of that coin will be compared to bitcoin and it won't replace bitcoin .Ethereum may have a chance do so. But it replacing itself every time. Now Eth 2.0 was launched.

There is no way Ripple will replace Bitcoin, because the purpose for which Ripple and Bitcoin were created are also different.
Don't even think about replacing Bitcoin, being able to replace Ethereum is also impossible for Ripple. Even though Ripple
cannot replace Bitcoin, it doesn't mean that Ripple is bad and useless. Even when it comes to fees and transaction speeds,
Ripple is still better than Bitcoin. That's why I prefer to use Ripple to transfer my funds, because Ripple's transaction fees
are cheap.

I have already said that Ripple will not possibly be able to compete with or replace the next bitcoin. obviously Ripple and bitcoin have differences from each other. but I agree with your last point about enjoying these two coins in the market. what is profitable then we use.

This is not to say that the comparison of xrp with bitcoin can never be won, no matter how good the power of xrp is, it will never come with bitcoin, bitcoin is the head of the cryptomarket so comparing it with xrp is nothing but nonsense. No, thanks everyone for sharing your opinion. However, bitcoin is always 100 alone.

Each of these coins have their own advantages and unique features, it is true that Ripple is centralized thus making a lot of people to have some reserved thoughts about it, but however the coin have been doing well for a long time, having partnerships and all that, hence I can say Ripple will continue to survive. On the aspect of if it will replace Bitcoin, that's not gonna happen because Ripple doesn't have what it takes to achieve such feat or possiblity either now or in the long run. Looking at Bitcoin price, it is reaching towards its ATH but same cannot be said of other coins thus showing that, the attention has always been on Bitcoin first, before others. Lastly, the CEO is right, Ripple can't and won't compete with Bitcoin as it will only be a futile attempt.

What is the main point? By comparing these two coins. I think investors have enough ideas about the coinmarketcap because from the whole coinmarketcap, Bitcoin dominance is 66 percent. Do you really think 🤔 Ripple can be a good competitor of Bitcoin? We got so much hype from Tron blockchain but still Ethereum is the King.

No ripple cannot replace bitcoin as it's centralized and designed for banks, wherein bitcoin is decentralized and this topic has been discussed numerous times in this forum, Yes Ripple is quick and transaction fees are low compared to Bitcoin but it doesn't belong to the league of Bitcoin so there is no comparison between XRP and BTC.

all altcoins will always support bitcoin for sure, because without altcoins maybe bitcoin will not valueable as now my friend
thats mean not only ripple, but ethereum and other solid altcoins too

Even if Ripple will try to have that aim, they have no match for bitcoin. And for those people that keeps on thinking that Ripple can replace bitcoin and become better, just take the words of your CEO.
Ripple shouldn't be compared to bitcoin. Even a hater or holder, there is no need for bitcoin to be compared with this coin and even with any other coins.

Ripple is centralized and has no capacity to replace Bitcoin, maybe in the future the real use cases of the XRP network will be demanded more than BTC. The top altcoins have the potential to replace each other except Bitcoin. The total marketcap of Bitcoin as the digital gold can not be replaced for the next 100 years, IMHO. The Ripple CEO has announced the long way for reaching the desired level by the Ripple team but I don't predict the XRP price will hit more than $5 for the next 5 years due to the huge market supply.

That's why the Ripple CEO admitted that there's no way they are competing with bitcoin. But in the payment sector, I like XRP as they have relatively cheap fees with faster transaction. If they can focus their collaboration with more institutions/shops/merchants, XRP will make a good alternative payment option.

Ripple has many users because of it's cheap transactions and because of being centralized and collaboration with banks and other payment facilities that is why it is easy to use and easy to gain trust from the people who are just starting to use crypto currency. But it doesn't mean it can replace bitcoin someday it's very far actually and they are totally different, many are still choose bitcoin over ripple when it comes to investment.

BTC is decentralized, while XRP is centralized. The scope of these projects is completely different, so I don't even see any reason for competition between these projects. BTC is crypto gold, and it will always be so, nothing can replace it.

Can you provide a more complete explanation of centralized XRP? I think it's about a different point of view, but it would be very interesting if your explanation was more complete,
XRP and Bitcoin have distinct advantages but even so they are both equally in the cryptocurrency space, so they are both good choices because they have large market cap.

maybe he meant that XRP was supported by the Bank, so that XRP became a centralization project because it was assisted by banks.
but correct me if I'm wrong, because I didn't follow the XRP project because the price was too stable for the last two years.

Ripple and Bitcoin are both good for me, but Bitcoin is my favorite.
  I'm a cryptocurrency lover,
 I know fairly well about cryptocurrency.
 I hold the cryptocurrency all the time.
 I've always been more profitable than Bitcoin.

the only good thing about ripple is that they are always developing. If this coin has a lazy developer it might be like a dead project. coins with a large capitalization but have the highest volatility compared to other top10 coins. It is very difficult to make this coin as a long term investment because the price is difficult to guess. ripple and bitcoin are two very different cryptos. if I were to choose to invest, I would definitely choose bitcoin.

Many investors are find it difficult to understand Ripple despite, it look like bitcoin in the area of pumping in the exchange market does not mean it will be more pumping
than bitcoin which is still increasing in the market,despite what Corona  virus has caused to other cryptocurrencies, to start devalue during the pandemic.  Bitcoin will still be the king among other cryptocurrencies because is still maintaining the position of rising day and night in the exchange market, that is causing many investors to achieve something good from their Investment.
Ripple is improving in the exchange market that is making some investors, think it will rise more than bitcoin before the end of the year 2020. Despite the population of ripple in the market bitcoin is still more popular in the exchange market which is helping many trader in the market to make a good profit from their trade in the market.

You can read that September 11 was planned and executed by the CIA-would you believe it, too?
It is very strange to see such questions in the crypto space at all - if you are so suggestible and trusting, how have you not yet fallen into the hands of scammers and other pyramids?
To say that "ripple is so cool that they want and will strive to replace BTC" is like the same thing that it is not ironic to believe in a secret Nazi base on the dark side of the moon.
There are no
a) prerequisites for this
b) no historical heritage
c) necessity
These two coins have completely different goals and means, and such words are based only on the inflamed imagination of the person who wrote these words, if you will excuse my bluntness.

Bitcoin and Ripple coin are both best investment coin. Bitcoin is my favorite investment coin. I invested about 0.5 BTC. My buy price was $10100. I'm still holding.

Even if thousands of people or Ripple shills posts or create a thread that Ripple will beat Bitcoin, it's not going to happen, it's not happening now and there is no way for that to happen, people are not going to shift from decentralized to centralized company just to replace Bitcoin, I don;t see anything that Ripple will do to be the top coin in the market.

I am more interested in bitcoin than Ripple. These two top coins have a fairly strong market foundation and the performance of Xrp is quite good in transaction because besides being fast they also have cheap fees.  Xrp in this year in Landa many negative issues, some of the point I remember that the team often threw away Coin Xrp which made the price fall

There is actually no comparison between ripple and bitcoin. I personally do not like XRP because its more sort of a centralized coin.
There is no coin which can be compared with bitcoin.

Ripple is best coin in the crypto world. And bitcoin is best valuable coin.

Ripple good in other sense and Bitcoin good in other sense. Bitcoin and ripple is not same. Ripple is work for financial payment system. On the other hand Bitcoin used in every sector where it is legal or accepted. Ripple is not decentralized. Bitcoin is decentralized coin. Bitcoin is so much potential though this is now so much volatile. So compare is not correct in same thinking.

Ripple has been a sleeping monster for a long time,
and now he's awake and in just 1 week XRP has gone up 60%,
you can see on Coinmarketcap how XRP is performing, when compared to Bitcoin XRP is superior.

It's hard to compare two platform, one is decentralize and one is centralize. Bitcoin is unique, Ripple can be made more. But it couldn't better that Ripple are going steadily on their way and Ripple will be a solution to use in daily life instead of Bitcoin

Ripple (XRP) is totally different than Bitcoin. Ripple has been working to solve the traditonal financial payment system specially in banks. Bitcoin is Decentralized where Ripple is Centralized. Ripple is never competitor of Bitcoin. They aren't competiting rather they are trying to solve the financial transaction system. Ripple is far behind either in popularity or marketcap from Bitcoin. So this comparison isn't time oriented.

It's crystal clear Ripple isn't trying to compete with Bitcoin, however, we still want to see both digital coin become successful in the crypto world.
We must bear at the core of our heart that, this is business. Lets patronize both, and enjoy the exclusive  benefits they bring to us. Ripple has been increasing in it's value in the past couple of days.

There is a lot of news that Ripple is like Bitcoin, I also agree, because the Ripple chart is the same as Bitcoin,
moreover Ripple always follows the Bitcoin price after the Bitcoin increase occurred,
Ripple is the most popular coin on Twitter now after Ethereum.

First of all，this two crypto coin they are different，it's a completely different purpose.But the important is，i don't see any signs that Bitcoin is going to lose its iron throne. No matter its opponent is XRP，or ETH.