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Do not listen paid shills like in post above. This guy is just not very well adopting with reality, you have to understand and forgive.
So far XRP is the only coin that used for utility, and the only that used to make world better.
Its top performer of 2017, it jas strong back up amd strong community.
XRP Chat is the only place you will find trustfull information, people try to discreditize it, so that you would invest in some shit coin.
Some fact, back in 2014, when XRP was introduce, therr was other 100 alt coins, guess what, apart LTC, all of them prove to be a shit coin, and XRP proved to make its way to world.
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David Schwartz, Chief Cryptographer at Ripple explains why his company wants price of
Ripple to be as high as possible:
Lol, if i have a lot to sell of course i want the price as high as possible. Anyway a Cryptographers expertise has nothing to do with price, a yeh he personally holds a Billion xrp which was gifted to him for screwing up and loose part of the database. https://i.imgur.com/doeeL6y.jpg classical bubble chart https://i.imgur.com/fCa2lJP.png Awww, so sweet to see looser like you to be jealous to guy that made something worth more than you. If to put two of you side by side, I would ask you to just free your shell, you are worthless waste of resources, just give up. |
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Already refuted a million times but here we go:
"Scaling issues". Not an issue if you treat it as digital gold cold storage.
"Not decentralized". Yes it is, the chinese or whoever has the most hashrate cannot change bitcoin properties at will, they have never done so and they never will, because they would kill themselves doing so (and someone else would take their place as difficulty adjusts)
"Devs cannot reach consensus". This fact only proves that it's indeed decentralized, everyone has different opinions, nobody can get what they want = decentralized, positive value, reinforces it as an immutable store of value.
"It's slow and expensive". Not really, specially now after Coinbase got their shit together with transaction batching and Ver stopped the spam, mempool is empty. Not that it matters if you use it as a store of value anyway.
"It's pegged to USD". Not really, if USD stopped existing, there would still be bitcoin, and the supply wouldn't change. People use USD for price because it's the (current) largest currency. It was not the case 100 years ago. Empires come and go.
1. Does not solve scaling issues 2. Nothing stops on miners, there are powers much bigger than them. That can turn the off. "someone else would take their place", or some else will just put hash power somewhere else. 3. It mean stagnation and Ice Age, no forward movement, no progress. It proves that it decentralized without consensus. Even though, to say it decentralized in this context very stupid. 4. You can use any Blockchain as store of value, do not see benefit of Bitcoin here. 5. You did not answer the question, what will be price of the pizza? |
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I can agree about it is not the best. There are already much better alternatives with better network size and transaction speed. But bitcoin is not pratically useless right now because it is dominating the crypto market.
Not for long |
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So, what are the thoughts?  Coinbase or not Coinbase. Question for 400th page. |
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Does XRP have no plans to create a new coin like the other altcoin? For example like NXT that makes airdrop Ignis. You'll see it one day. I think they are still developing their network, we've seen all these last year and its just Swell to name one. But I think thats not what what we are going to be seeing first. I think the adoption to the banking system Don't lie. No new coins, no airdrop, no other ponzi shit. Just plain old XRP |
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I bought Ripple just a week ago, took it at a price of $ 0.86 per coin. Expect to fly x2. How sichtaete, my forecast is real ?? Or do I hope for nothing? Sorry but I am pessimistic about the price. Look at the chart and you will see that it increased x20 last year in May and then dropped back again in 6 months. Price of ripple increased again x20 in December-January and now it is in falling trend and I expect it drop down to initial price. Every increase is a selling opportunity until it finds the dip You are blind, uneducated muppet |
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Looks like Cuallix will go step further, from beta to production.
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So, can I get real opinion, not bots?
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Blog Location: https://xrphodor.wordpress.com/2018/02/20/xrp-perfect-fit-for-remittance-companies/The strategy to target the remittance market is now plain for all to see; In my latest blog, I discuss the remittance processors and why this market will be the first one to utilize xRapid ahead of the banks. How big is the remittance market? How many of the top companies are implementing Ripple? The answers are inspiring. look into this industry, as well as the reasons why the top companies are all going in the direction of implementing Ripple technology. Hope you enjoy the read: Please leave any feedback below. Thank you, -Hodor On Twitter: https://twitter.com/Hodor7777/status/965940936562921472 i think the best thing of Ripple is that is so disruptive that once one start to use it, all the others will have to start to do the same if they want to stay in the game. I like to think that this is what happened with WU. The hidden gem here is, that while we dream, Ripple already might be doing implementation with big names. They are ahead of everything. |
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Slow, but steady grow |
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If bitcoin is useless that's mean that 10K of price and big money and hype around bitcoin is just a dream  It's very funny to read threads like this haha. every word of a person who speaks of bitcoin is bad, an impudent lie. I think that all these people work and earn thanks to Bitcoin, but at the same time they write negative things. Want to see you, giving back losses to those, who put in circa 20k |
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Market started slowly revover, if history repeat, at 700B MC we will get constant XRP price, I still bet 1.5 -1.8 USD.
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People still speak about "profit", still smells ponzi, no constructive comment.
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I don't think bitcoin is useless, we all know so many people alreay get rich because of bitcoin.
so in my opinion bitcoin is very useful.
Those who were rich with Bitcoin were those who invested in Bitcoin from old times. From this day on, everybody will have a harder profit, because Bitcoin's worth under $ 10,000. Those people who will buy bitcoin now will make a lot of profit in the future because a lot of professional investor says that the price of bitcoin might get up to 6 digit pricing which is a really far price from the current price now but if that target is reached by the market then it will be a very huge profit for all of us and to those who bought bitcoin now. Typical ponzi ad |
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I respect your point of view when it comes to bitcoin. It wasn't entirely useless if a lot of people are benefiting from it. A lot of people get rich because of bitcoin and I think it is quite rude to say it was useless.
It is useless when something like PayPal exists (or regular wire transfers), again, may help some people including criminals but that is not the point. The blockchain regardless it is amazing it is just a database which is distributed and uses other technologies used by other people. Shit, like, with bitcoin you have to pay everytime you do a transfer and the electricity usage for mining is just ... non-sense. The point is, just like Gold on its early stages lot of people profited from it and made others trust it then creating fiat money. So lot of people was forced to play an unfair game where there is no equality. Bitcoin did exactly the same, people hoarding them early and then asking for others to HODL so they can pump and dump and become even more rich (in dollars). So really, Bitcoin at most, would be another fiat currency equally unfair for those entering the market at later game. And then, it is as unfair to society as the current banking system. It is not solving any financial problem but just fooling people into it with the hope that it can gain traction while insulting other coins that are pretty much clones of it. - No scarcity: you can clone Bitcoin and there are hundreds of altcoins. So lot of blocks in the blockchain.
Useless at the moment as a currency: you have to pay fees every time, and it is extremely slow. Little privacy as well as the ledger registers all transactions. - No store of value: pump and dump asset, high volatility and no other value other than what the next guy is willing to pay for it.
Spot on |
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Ok, for all of you that insist that Bitcoin is not useless, tell me! What do you use Bitcoin for? Please don't tell me what it could be used for or how other people might use it. I want to know how you use it. Also, please don't tell me about trading or hodling. Those are not uses. The forum is 99% of Bots, and this is exactly what you get as answer: for money and hodl! Nothing else. |
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I think Ripple will reach $200 but it wil take a year. Maybe in five years it will cost as much as Ethereum or Bitcoin.
200$ no way lol. Come on guys be more realistic please. Even if the market goes up to 2-3t $ Ripple wont reach 200$. Blah blah blah.... blah |
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Looks like we are in a very strong consolidating period, shall see
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6. Added on 24/01/2018
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
...
Everyone is amazed of why I called it useless, well, recently Stripe dropped support for Bitcoin payments. This is the prove of Bitcoin being useless. Stripe was not the only one in recent months to do so. It should ring a bell.
UPDATE 29/01/2018:
Few points were made here that are unfair:
1. Bitcoin is a first one, its revolutionary and so on and so forth, wrong, Bitcoin is a client that is build on top of practices that were developed and test long time before Bitcoin e.g. Proof of Work, Hashcash, eCash, bit gold, Merkle Tree, Peer-to-Peer,Byzantine fault tolerance etc.
2. Bitcoin is still in development and it needs a time and so on and so forth, really? its a 10 years old technology. Its usage is very easy predictable, no rocket science here. ...
3. Bitcoin is store of value, fake as is. Everything that has Blockchain underneath is store of value, Bitcoin is neither exception nor unique here. ...
UPDATE 30/01/2018:
Bitcointalk, and many other crypto related forums are heavily manipulated by bots, the amount of useless posts and conversation is just crazy. ...
You are calling bitcoin proponents "uneducated shills", yet you display ignorance throughout your post. So I bite. Here are some counter-points to your arguments which I am truly curious how you answer: 1. Transactions settle in SIGNIFICANTLY less time, then when using normal (fiat) payment systems 2. Fees are SIGNIFICANTLY smaller than when using normal (fiat) transfers 3. Developers have scaled the system massively already. The fact that adoption has temporarily outpaced development is a point I concede, but that is not different in any other system that experiences unexpected large growth. 4. Bitcoin was not designed to have complete anonymity or privacy. For that, other coins, such as SpetreCoin (XSPEC) are better suited. The fact that people ASSUMED it would give them full privacy and anonymity out of ignorance can hardly be blamed on bitcoin 5. It NOT centralized. Nobody has 51%. And even if somebody would aquire 51% of mining power, the underlying technology still does not "centralize" power 6. This statement makes no sense. But translating what you might have meant, bitcoin's "economy" is the same as for any other currency, except that it is not under a central authority. 7. You can buy and sell BTC for fiat, and thus is STORES value. The exchange rate volatily is admittedly high, but not unseen even in fiat currency markets. Stability of the value store is not be mistaken for the store itself 8. How is the money in your wallet insured? If you lose your money there is no insurance that pays you the lost money. Again, you seem to confuse a bank account which might be insured up to a certain amount and holding bitcoin. This is a false comparison on any level. 9. Why is a limited supply bad? Central banks have been printing money which often led to hyperinflation. How is that good? Now to your updates: 1. Give me ONE example of a disruptive innovation that is not built on using various elements which were developed over time? The wheel has been developped over hundreds of thousands of years, but the car in your garage was still only made possible after several innovations came together in the right way at the right time. And even now, there are still a lot of improvements can be made to something as widespread as a car. So why do want to apply different standards to Bitcoin? 2. Plains and cars are much older than bitcoin, but they are still being improved day by day. Furthermore, from the first use of an email in the 1960 and applications of the internet protocol, to the adoption of the Internet at a global level it took close to 40 years. Bitcoin and the blockchain requires a complete rethinking of traditional ways of payments, it's governance, doing business etc. And during the adoption processes there is a lot of experimentation which leads to further innovation. Disruptive technlogies like Bitcoin take time. 10 years is nothing. 3. This truly shows your ignorance. It's the trusless nature not having to rely on a central authority in P2P payments which makes Bitoin and cryptocurrencies unique. So, not a single one of your statements holds-up to scrutiny. There are some valid criticism that can be raised against Bitcoin, yet you failed to mention any of them. Given your derogative comments, I suspect you are simply doing what you are accusing other of doing: provid uneducated shilling. (If you like my post, just click +Merit on the right. It will be appreciated)Teethless worms can not bite, person that asks for "merits" really does not care about validity of its own words. 1. and 2. really did not get nonsense you wrote, unless you provide more details 3. Unexpected? Bitcoin tends to be for payments, its tx per minute is very predictable and easy to predict. What you have now is joke not a massively scaled client. Also, unexpected grow here is not an excuse here, BTC is 10 years old. 4. Well, its how it mostly time presented. 5. Point was not about technology, so why you offtopic? 6. You did not answer my question 7. In you logic than every fiat can be store of value, with less risks 8. All developed countries store money on bank account and use conctless payments nowadays. Physical wallets are stone age. Also some anarchist shills fight banks here, not wallets. 9. I was telling that limited supply is fiction. Now on other points: 1. You just told the same I told, did not get your point. 2. There is nothing disruptive, immutable record keeping and distributed systems are here since ages, problem was in hardware capabilities which nowasays cheap and fast. So, can not accept your point here, just by comparing with cars, two comoletely different thibgs. About Internet, as you can see it scales with adoption, another bad comparision from you. 3. Re-read what I wrote, than you, than tell me what the heck are you talking about? So, looks like your comments is another useless attempt to do what? |
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