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Author Topic: Bitcoin Dethroned From Top Position?  (Read 220 times)
iamTom123 (OP)
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January 03, 2018, 02:59:03 AM
 #1




The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?

player514
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January 03, 2018, 03:06:54 AM
 #2




The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?



There's no way that Ripple will take bitcoin over. In fact, I think that ripple will be facing a strong set of losses soon. People don't realize that it's centralized and that there's a guy controlling the entire coin. It's not really a cryptocurrency in that sense. In the case that Ripple actually does go past Bitcoin, I don't think it'll last that long. If anything, that means that the altcoins would have risen to a point that a better coin like ethereum or of the like would take bitcoin's place.

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January 03, 2018, 03:16:01 AM
 #3

It's very very unlikely for XRP to overtake bitcoin in terms of marketcap in my opinion. But if ever it does, good lord.. It's just going to show how much people have no idea where they're putting their money in. I'd honestly accept it if ever bitcoin get's overtaken by something else like ETH, but good god please not XRP.

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bitfools
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January 03, 2018, 03:20:32 AM
 #4

Ripple is NOT minable, so what's the  comparison?

Given Ripple must be bought it means NO privacy, it means that 100% ownership is tracked by GOV since birth, what's the point of this?

ONLY one point comes to mind, a replacement for US Dollar could be ripple, so replace one shit fiat, for another, good game,

If it can't be mined, then its ownership aint' private, then its not a crypto,

What the hell is RIPPLE? Its a shit-token, and its worth is less than shit
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January 03, 2018, 03:23:59 AM
 #5

Ripple is NOT minable, so what's the  comparison?

Given Ripple must be bought it means NO privacy, it means that 100% ownership is tracked by GOV since birth, what's the point of this?

ONLY one point comes to mind, a replacement for US Dollar could be ripple, so replace one shit fiat, for another, good game,

If it can't be mined, then its ownership aint' private, then its not a crypto,

What the hell is RIPPLE? Its a shit-token, and its worth is less than shit

For the same reason (Ripple can't be mined) - it's totally different than Bitcoin. Like you've mentioned above, Ripple is just another alternative tool that being centralized and controlled by governments. It's definitely against the idea of "Decentralized" at the first place...

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January 03, 2018, 04:08:06 AM
 #6

I think if bitcoin ecosystem does not act quick in solving bitcoin's inherent problems, then Bitcoin will definitely be dethroned from the top spot this 2018. It might not necessarily be by Ripple as there are trust issues with ripple being more of a centralised coins.
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January 03, 2018, 04:10:26 AM
 #7




The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?


.

Don't worry, it's impossible, even if it's close to bitcoin, but then bitcoin will tell it who's the boss!

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January 03, 2018, 04:12:41 AM
 #8




The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?



Personally I think that is highly likely. Its not going to happen early this year but lets expect it from late this year to early next year. It might not be ripple that overtakes bitcoin. It might be a totally new coin but watch the space.
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January 03, 2018, 04:16:12 AM
 #9

It's going to happen. Sooner or later. Ripple or another..
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January 03, 2018, 04:17:23 AM
 #10

While Ripple probably won't surpass Bitcoin any time soon (famous last words), it is however likely that BTC will start losing it's luster as new, faster, more energy efficient currencies emerge. It's just a matter of time.
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January 03, 2018, 04:41:44 AM
 #11

Ripple is like fiat. Its unlimited to produce. If they want a centralized digital currency then ripple price will shoot up. but for me being a decentralized is one of a great thing that all people would want to.

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January 03, 2018, 04:50:32 AM
 #12

one thing that some people still don't realize is that Ripple's market cap is growing not Ripple itself. all these years there has been zero adoption of it apart from traders buying them on exchanges, keeping it there to dump as fast as possible.
nobody trusts a centralized coin where the owner can put his hand in your pocket and steal your money. if we wanted to use centralized money we would have stuck to Visa and the similar ones.

as for market cap, there is a good chance that Ripple is going to release another 1-10 billion coins soon which will increase its market cap another 26 billion or so. and in order to have bitcoin's market cap Ripple only has to pump to $5-$6 but still it is going to remain a centralized shitcoin.

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Goldberg007
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January 03, 2018, 04:51:37 AM
 #13

I don't think so any coin dethroned bitcoin from top position.Ripple shows very good growth but ripple can't dethroned bitcoin.
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January 03, 2018, 04:51:56 AM
 #14




The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?


I saw some critics that Ripple had issue in centralization and I think in the future, that will be the problem of Ripple. Though it surpass ethereum as the second place in top cryptocurrency and its market cap is the most largest altcoin now. Ripple can never be dethroned bitcoin. However, if the ripple continuously grows up then there will be a possibilty to overtake bitcoin. For me, if Ripple will just make a short time if it becomes the first cryptocurrency.
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January 03, 2018, 04:53:50 AM
 #15

Congrats on getting legendary, sucka!

I don't care what the market cap data says, or anything else.  Bitcoin is still on top, by a huge margin and that has everything to do with its community.  Yes, other coins have shot into the stratosphere in 2017, but bitcoin is where it's at, and only bitcoin.  Well, maybe a little ethereum too, because that coin gets mentioned in the MSM--but mostly bitcoin.  All the shitcoin fanboys can STFU.  When CNN mentions crypto, it's always bitcoin.  When Peter Thiel buys crypto, it's bitcoin.  When W. Buffett slams crypto, it's bitcoin.  Get my drift?

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January 03, 2018, 04:58:15 AM
 #16

In any case, what is happening now in the crypto currency market is very bad. A centralized coin such as ripple can not be so close to the top position of capitalization, otherwise the decentralization of the crypto currency will soon come to an end. Although at a price it can not be compared with other old coins, however, the capitalization of ripple is frightening. The coin itself is good and quite useful for the banking sector, however it is centralized and its quantity is printed at the discretion of certain individuals. This contradicts the basic principles of the existence of a decentralized crypto currency.
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January 03, 2018, 05:03:00 AM
 #17

No one is mentioning that ripple is being accepted widely by banks as a payment method (for whatever reason I don't know). All what you said is true, it is centralized, it is not anonymous nor private among other disadvantages. Most were already fooled by a simple ad marketing campaign in Korea and the rest of the world followed.

Unfortunately people are ignorant to what makes a really good coin. I say it has an equal chance to takeover bitcoin as much as it can fail. If marketing can still fool people, and more banks accept it, then it will. Only when the next big hack happens then, hopefully it'll change the public perception for good. Anonymous, private, decentralized and open-sourced currency is the future.

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January 03, 2018, 05:08:45 AM
 #18

No one is mentioning that ripple is being accepted widely by banks as a payment method (for whatever reason I don't know).
nobody mentions it because they are not accepting bitcoin "widely".
there are some banks behind the project that "Created" ripple so obviously some of them may accept it. but it is worth mentioning that at least 2 of the already left ripple and started their own version of it and stopped being involved with it in any form.

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All what you said is true, it is centralized, it is not anonymous nor private among other disadvantages.
these are not small disadvantages! these are the basics of any cryptocurrency.

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Unfortunately people are ignorant to what makes a really good coin.
something with this many HUGE disadvantages will never go anywhere.

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I say it has an equal chance to takeover bitcoin as much as it can fail.
you just say this because you have bought a lot of it and want to become rich. and there is nothing wrong with getting rich from altcoin pumps but spreading wrong information to fool others into possibly buying the bubble and losing money is not right.

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January 03, 2018, 05:10:38 AM
 #19

Congrats to Ripple! I think ripple is the first altcoin that surpass bitcoin and will lead to top. It will remarks in history if that will happen.
Ripple has the potential to move forward but it is hard for the ripple to become top 1 in a long time, due to its centralized system. I think 2018 will be the great year for bitcoin and ethereum, ripple may fade away because of its issue.
Bitcoin will always be my Top 1 when it comes in cryptocurrency.

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January 03, 2018, 05:11:11 AM
 #20

Worst case scenario will be Bitcoin vs Ripple (decentralized vs centralized) but i still believe in bitcoin that it will still hold its position as the number 1 coin that it being used by the people, as far as the future is concern we cant say that bitcoin will still be the top performer but hopefully it still is.
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