no.
do you honestly expect that a bank will buy xrp off you on the open market so it can use ripple?
that's absolutely ridiculous.
no bank will expose themselves to market fluctuations, especially crypto ones. they will avoid any need to screw around with markets.
that's not to say there won't be crazy speculative rises anyway, but people seem to have a problem thinking this through clearly. same goes for ethereum, the really serious big company projects will use its code, not eth itself.
there will be many uses for the public chains but nothing like the volumes of the closed ones. people are gonna get rich off those crumbs anyway.
Heh. One of the few sensible comments I've seen end-to-end.
This is much like the dot-com bubble. People are investing in tech they dont fully understand. It's all speculation. Which, like you said, will keep the prices rising. But there's gonna be a POP in a couple of years (give or take)
I mean, can Ripple go to $10? Sure. Should it? Jesus... look at the market cap on that. But if people PERCEIVE it at $10 .. by all means. But some day..one day... someone will have to "use" their Ripple..and then say "Wait a minute...this isn't giving me $10 of value"....That's when the needle approaches the bubble, my friends. Until then - enjoy the profits.
