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Author Topic: Is Ripple the currency of the future?  (Read 7433 times)
shchand
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February 23, 2018, 04:21:05 PM
 #761

Hi. Definitely No. List me at least few features which allow ripple become main currency in the future?
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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February 23, 2018, 10:35:55 PM
 #762

Hi. Definitely No. List me at least few features which allow ripple become main currency in the future?

Smart contracts
Interoperability
Escrow
ICO's
Recognized by most governments and central banks around the world.
Pilots with western union and moneygram

The list goes on booooi
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February 23, 2018, 11:58:45 PM
 #763

Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
I've been observing the movement of a ripple in the market and I am really amazed by it, why? The ripple whenever has an increase value is very fast which happened when bitcoin reached $20,000, the last month of November, year 2017. What other service that ripple can offer to us is the potential to use it for transactions which is cannot be done by ethereum, litecoin, monero and other altcoins. But I cannot say that ripple will be a new global currency because bitcoin was still alive and not yet about to end,
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February 24, 2018, 01:18:04 AM
 #764

Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
It is impossible for a token to become a global currency, though ripple can succeed with or without bitcoin but still Ripple cant overtake bitcoin,if there were candidate for a global currency it should be the btc.
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February 24, 2018, 01:40:47 AM
 #765

I have read through a column that ripple will be one of the digital currencies that has great potential this year. Others are neo, monero, litecoin and so on. If experts are recommending ripple then I think it will worth buying it.

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February 24, 2018, 03:15:01 AM
 #766

Unlike Bitcoin and Ethereum, which are traded freely on the market, copper ripple is mainly used in international payment transactions.
This virtual currency is a product of Ripple - a San Francisco-based startup that uses blockchain algorithms to speed up transactions between major global banks.
It is listed on 30 exchanges in the world. The ripple's market capitalization is third in the virtual currency market, behind only Bitcoin and Ethereum. In the second quarter alone, Ripple recorded $ 11.06 billion in XRP trading value.
Unlike Ethereum and Bitcoin, which are freely traded on the market, XRP is mainly owned by the Ripple Company and is used to serve international payment transactions. In May, Ripple President Miguel Vias announced his bid for the currency.
Vias is also optimistic about the future of ripples and other virtual currencies despite the volatile digital money market as well as the potential divide of the current Bitcoin.
"What we are seeing is a strong rise in digital assets as major financial institutions such as the Bank of England are researching digital money, The central bank of Japan (BoJ) is doing it. "We are considering bidding for our currency, and we are on track and XRP will continue to grow."
More than 50 major banks around the world have adopted Ripples into their real-time payment network, including Standard Chartered, Accenture Ventures, SCB Digital Ventures, Siam Commercial Bank, SBI Holdings. (Japan)...
Launched in 2012, the ripple network is highly valued for its applicability. The main purpose of this network is to support users can use credit card services, Paypal, banks ... to deal with low cost in a quick time.
Dai_Hernandez
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February 24, 2018, 03:20:16 AM
 #767

When it comes to XRP price rips, the numbers are quite positive so far, which is why investors are very interested in this currency.
Firstly, there are great benefits that XRP has undergone. Ripple prices have increased by nearly 4,000% in the first half of 2017 as noted above. Deeper, the ripple is currently listed on the 30 trading floors. The start-up company in San Francisco also said that in the second quarter of 2017 there were $ 11.06 billion in XRP.
Secondly, the company (Ripple Labs) holds the majority of Ripple coins and the market can not have more like BTC and ETH broking but only from the source company.
Third, the company is very focused on international payments, rather than vague statements like Bitcoin trying to be the currency of the future. Instead, the Ripple focuses on specific uses of the technology of ripples and is the kind of feature that investors want to see.
Finally, the company believes that the ripple technology can handle 70,000 transactions per second. Take a look at the following numbers on transaction speed:
Bitcoin handles 3-4 transactions per second
Ethereum handles about 20 transactions per second
Papal handles about 193 transactions per second
Visa card handles about 1667 transactions per second
toolsmans
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February 24, 2018, 03:22:46 AM
 #768

Guys tell me please. Why focus on one coin? Every coin prophesies to become a leader. Really on it are conducted? Turn your head and cold calculation. If you want to earn, then choose 20 coins that have strong enough products and are interesting to society and invest money in them, as soon as they grow by 100%, withdraw money and invest in other coins for more money. Is it difficult?

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February 24, 2018, 03:29:17 AM
 #769

Hey it is not an impossible thing, the chances are open an it depends how they could managed the coins to improve every single time and it is the hardest part of this job.

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February 24, 2018, 03:33:12 AM
 #770

Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
Ripple is crazy, and I never thought it could change, so crazy. I used to trade Ripple on Poloniex when it was shallow if I believed in it until now I may have become a rich man  Grin Grin Grin But this is great for those who believe in and trust in it. It's like a blessing to so many people, but I'm a stranger.  Cry Cry Cry

olia10
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February 24, 2018, 03:39:17 AM
 #771

Ripple boasts a low commission, which is one of its main advantages over other crypto-currencies and payment systems. If the developers continue to develop the project and will enlist the support of an even larger number of banks around the world, by the end of 2018 the value of the token will exceed the $ 2 per token mark.

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February 24, 2018, 04:01:21 AM
 #772

Guys tell me please. Why focus on one coin? Every coin prophesies to become a leader. Really on it are conducted? Turn your head and cold calculation. If you want to earn, then choose 20 coins that have strong enough products and are interesting to society and invest money in them, as soon as they grow by 100%, withdraw money and invest in other coins for more money. Is it difficult?
maybe it's not difficult for rich people,
but it will be hard for people like me, who only rely on bounty to get coin

]
InvestMen
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February 24, 2018, 04:05:25 AM
 #773

It has excellent scalability, which means that users can not be afraid of delays in the transaction. This is very important, as with the growth of popularity the network of crypto currency is faced with a huge load. Quite recently, Ethereum encountered this problem when CryptoKitties was launched on its blockbuster.Examples of the Ripple system demonstrate that the transfer of funds from one country to another takes a few seconds, and the bandwidth reserve causes confidence in the project.
cryptokudi
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February 24, 2018, 04:07:51 AM
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 #774

Ripple wouldn't be a future although it's market capital value is huge but it's existence is not that actually gives impact to investors.
Their coin supply is high that doesn't offer much profit to investors and would limit their market share value in the near future. In my own view, I better skip Ripple in my portfolio but instead invest into low coin split with high profits because that's what I'm into the cryptocurrency world, to earn money.
kiw_91
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February 24, 2018, 04:09:16 AM
 #775

i have a 50/50 gut feeling on this topic. I can see that the scalability of ripple makes it very usable. However, i merely see it more of a banking instrument than currency. The technological aspect of ripple makes it very useful tool to banks. Thus making its adoption more the operational side rather than using it as a currency.
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February 24, 2018, 04:09:57 AM
 #776

i think i cant be posible when bitcoin using lighting neteork, xrp have much supply and the supply can get much like usdt (tether), it eill be unstable base on the price and supply Smiley thats my opinion

glaciercapital
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February 24, 2018, 04:10:29 AM
 #777

Ripple wouldn't be a future although it's market capital value is huge but it's existence is not that actually gives impact to investors.
Their coin supply is high that doesn't offer much profit to investors and would limit their market share value in the near future. In my own view, I better skip Ripple in my portfolio but instead invest into low coin split with high profits because that's what I'm into the cryptocurrency world, to earn money.


Yeah with 60% of the supply help by ripple the company combined with the fact that the XRP token really has no place in the actual ripple system it really doesn't make a lot of sense to hold the token.

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February 24, 2018, 04:19:26 AM
 #778

I have already said many times that I do not recognize the ripple project. I just do not like this project, because there are so many not clear things. Those conversations about blocked coins and the fact that developers have 60% of all coins. I do not like.

And even if Ripple (XRP) is backed by huge banks across the globe, i still don't think that this digital currency is the currency of the future because there are lots of contenders in the cryptoworld and one of them is Ehereum (ETH). Ripple will only be the future crypto as to its usage with a couple of steps ahead of its competitor like Stellar (XLM).

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February 24, 2018, 04:22:21 AM
 #779

I personally believe that ripple has a bright future, but it wont the currency of the future. But it may be used by bank and for trades between banks .. maybe more as a security asset than as a currency. But the team is very talented.

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February 24, 2018, 04:41:45 AM
 #780

Ripple wouldn't be a future although it's market capital value is huge but it's existence is not that actually gives impact to investors.
Their coin supply is high that doesn't offer much profit to investors and would limit their market share value in the near future. In my own view, I better skip Ripple in my portfolio but instead invest into low coin split with high profits because that's what I'm into the cryptocurrency world, to earn money.


Yeah with 60% of the supply help by ripple the company combined with the fact that the XRP token really has no place in the actual ripple system it really doesn't make a lot of sense to hold the token.
Ripple is growing very well in the past, currently it is one of the stable altcoin and steady growth in the market cryptocurrency. I believe that in 2018 this XRP will grow stronger due to the great support from investment community around the world who are interested in cryptocurrency.

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