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Author Topic: Will Ripple (XRP) usurp Bitcoin?  (Read 524 times)
TheGodson (OP)
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December 29, 2017, 10:35:29 PM
 #1

People have been talking. Word is getting out. Ripple, which has been around longer than even Bitcoin, is on the rise. If it reaches past $6.29 it will surpass Bitcoin on coin market cap.

Bitcoin was suppose to be fast and cheap, instead it is expensive and slow. The developers plan on releasing LN, but they are moving too slow and BTC may end up getting replaced. By the time LN gets realeased, people will be like "Oh that's cool. Too bad all these alt coins are already more popular now."

Bitcoin's marketcap dominance has dropped to a whopping low of 40%. Everyday it loses more and more of the total market cap.

People are losing faith in Bitcoin left and right. The Bitcoin religion as we know it is crumbling and the alt coins are taking hold.

Crap coins all over are being pumped like crazy. Cryptocurrency is in a massive bubble. Let's finally acknowledge it.

Ripple is going up, because some big corporations in the news were "implementing the technology" or whatever. Will Ripple surpass Bitcoin in this massive bubble war?
darkangel11
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December 29, 2017, 10:43:07 PM
 #2

IMO Ripple won't become much bigger than it already is because of a very high amount of coins in circulation and because it's aiming for banks. It's a matter of  time before people realize we that don't need banks and we don't need the current financial system. I'm among those who think the system is flawed and corrupt and that we need to go towards more anonymous, decentralized. We shouldn't be thinking of cryptocurrencies like they were an upgrade to the current fiat based economy. They should be the end of it.
9jaflick
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December 29, 2017, 10:50:36 PM
 #3

Ripple can easily surpass bitcoin, bitcoin already is a failure to me,  with high transaction fee and slow network.
hadveach
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December 29, 2017, 10:53:38 PM
 #4

yes, XRP is altcoin which has good and fast development. today XRP is still at $ 2 point. but XRP service makes people satisfied, cheap, fast, and sure.
talk a bit about bitcoin, is it expensive fee's, slow system, caused by increasing volume and spreading?
lenj
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December 29, 2017, 10:54:30 PM
 #5

Well, i am curious one thing about your statement. Is that really ripple has been around even longer than bitcoin? If yes than i dont know that. Nice to know it now
About ripple, the price will never more than bitcoin but the marketcap might be yes it can be more than bitcoin but not near time, need very long time.
1Referee
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December 29, 2017, 10:54:57 PM
 #6

Ripple's current market cap is $216 billion, which means that it will require another $40 billion to surpass Bitcoin's market cap, but that doesn't mean anything. If we look back, Bitcoin's market cap has already been surpassed by numerous coins a few times already. It's classic market cap manipulation done by having a coin with like 100 billion units as supply, give it a value of $2-$3 per unit, and there you have a higher market cap than Bitcoin. If I recall correctly, Ripple has been one of the coins having surpassed Bitcoin in market cap some months ago as well. Market caps are useless metrics because of how easy it is to manipulate a coin with an insane total supply - it doesn't say anything about actual usage, etc.

https://coinmarketcap.com/coins/views/market-cap-by-total-supply/
ezbreezy08
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December 29, 2017, 10:55:31 PM
 #7

it wouldnt happen because the circulating supply is very high if they going to burn tokens maybe it will surpass bitcoin.. but for now alot of whales are accumulating bitcoin and its very bullish soon!
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December 29, 2017, 11:07:30 PM
 #8

Ripple is on the run that's for sure.
But I follow the volume. 7 billion is a big number.
In this pump it won't be near Bitcoin, but maybe in next round.
1bitcoinsnet
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December 29, 2017, 11:09:06 PM
 #9

2 days ago THE PROPHET said XRP was about to run and topple BTC

www.SolAdoni.com

I posted his info days ago when I got it

I'm on his members list so we get his info before public

For couple of days if you searched Twitter for crypto or ripple he was #1 Tweet.

He is .1% Expert Klout ranking on crypto Currencies

Huge following
Coins_Hiro
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December 29, 2017, 11:11:57 PM
 #10

Highly doubt it. I am still one of the people who trusts BTC above all coins even if it is facing some problems now. I am sure its developers will eventually make some good improvements soon regarding its process. As of XRP surpassing BTC, even if XRP goes into top 1 it still doesn't mean that it dominates the crypto world now. Remember that transactions on wallets and exchangers are still currenly under BTC and ETH and only a few accepts USD. CMC rank is just a list but if you're one of those people who do their research first about the stability of a coin then you won't really fall for that kind of list as you'll expect that there will be some correction soon that eventually lowers the price of Ripple in the market.
TravelBlock
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December 29, 2017, 11:24:06 PM
 #11

Most likely not, there's too many things going against it to be #1. Not to say it doesn't have a lot of potential, but there's so many other future coins (or even currently) that have better projects in store. But then again, we may be shocked.
dragonballz999
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December 29, 2017, 11:37:05 PM
 #12

i wish i invested more in alternate cryptos. I think its the future as there are lower fees and more affordable .
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December 30, 2017, 12:00:02 AM
 #13

Ripple surely has potential, but I can't see it beating Bitcoin. It's gonna need quite a bit more exposure to achieve that.
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December 30, 2017, 12:13:01 AM
 #14

Nope ripple is just paper. It is coin for centralized network. Bitcoin will always stay more preferrable for people in cryptocurrency markets. I think ripple is going to be dumped in 3 2 1...



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vsyc
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December 30, 2017, 12:24:28 AM
 #15

Nope ripple is just paper. It is coin for centralized network. Bitcoin will always stay more preferrable for people in cryptocurrency markets. I think ripple is going to be dumped in 3 2 1...

You are an hilarious idiot
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December 30, 2017, 12:26:28 AM
 #16

XRP will surpass BTC in 2018, humans need simple, fast, cheap way to send money with strong base. Not forking shit with mess around it.
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December 30, 2017, 12:27:05 AM
 #17

january will be bad month for ripple, no coinbase add and back to being stable at whatever bottom it finds. 70-80c maybe, then possibly new rally in spring with more newcomers coming in to buy the "cheapest" big coin and dreaming of getting lambos for their 50 xrp lmao



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Indrawan77
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December 30, 2017, 12:36:44 AM
 #18

Anything is possible, with a lot of investors scattered around with different alt, there is a chance where Xrp could infiltrate btc position, because as we know bitcoin now got a serious issue to fix, and other coin in a big pump, but it's still a long story, now Xrp need to secure the position with eth, eth is also not that easy to beat down
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December 30, 2017, 12:38:10 AM
 #19

The fundamentals of how Ripple work do not support a heavy TA approach. See for example this piece here: https://www.forbes.com/sites/kenrapoza/2017/12/21/asians-going-mad-for-ripple-coin/#200119906422

Clearly, there is a lot of speculation going on in the market regarding Ripple. Speculation that could end disastrously for some that have no idea what the fundamentals of the market look like.

Ripple is meant as a transactional coin and it is controlled by a corporate entity that can adjust the functionality and supply distribution strategy if deemed necessary.
https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

It was never meant as a store of value. A good store of value should not fluctuate by 60% in a short period of time. With volatility like that and a very significant supply disadvantage over other cryptos Ripple was never designed for "hodling" or speculation. This idea that people are "investing" in Ripple based on an expectation that Ripple's "users" will grow significantly is flawed since an ideal use case of Ripple involves quickly entering a transaction and exiting a transaction with no change of value through the time involved in transacting. Since Ripple's basic feature requires that there be no significant fluctuation in price for Ripple tokens during the transaction there will be no way that this kind of speculative activity will be allowed to get out of hand as it essentially breaks the functionality of Ripple as a fast, cheap, reliable form of quickly moving funds outside of the traditional bank settled system.

Imagine for example, that Ripple decides suddenly that crypto investors have lost their damn minds and decide they need to increase the supply to regain control over pricing and liquidity. Well, they don't need consensus from their users to "hard fork" or the equivalent to change the parameters of the market.

I would recommend those gambling with Ripple pay close attention to how this market works because you could be playing with fire, but just like buying futures or options if your duration is short enough then you can probably make money here without getting burned if you allocate your portfolio with attention to managing risk.
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December 30, 2017, 12:46:32 AM
 #20

Youre kidding right? If it ever comes to that Im more than ready trade all my ripple for your bitcoins. Come get some..
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