Mr.cryptos (OP)
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BEST BOUNTY MANAGEMENT. 10+ BOUNTIES MANAGED
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January 04, 2018, 08:42:00 AM
Last edit: January 04, 2018, 09:07:56 AM by Mr.cryptos |
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If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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fhl182
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January 04, 2018, 08:48:48 AM |
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Core "best programmers in the world" are to blame.
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Mr.cryptos (OP)
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BEST BOUNTY MANAGEMENT. 10+ BOUNTIES MANAGED
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January 04, 2018, 08:51:51 AM |
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Core "best programmers in the world" are to blame.
Why and how are programmers in the world to be blamed? |
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fhl182
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January 04, 2018, 09:00:38 AM |
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Core "best programmers in the world" are to blame.
Why and how are programmers in the world to be blamed? They supposed to increase block size and not cripple bitcoin with high fees. Whole community suffer from centralization of bitcoin development. Ripple, for sure, centralized coin, and banks can do with XRP anything they want. Bitcoin heavilly centralized too, blockstream developers can change bitcoin software the way they want. Today it's $50 fee, tomorrow it can be changes to BTC supply plan. |
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BUK2016
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January 04, 2018, 09:01:13 AM |
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If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!
Op, I don't believe that Ripple can move to crypto currency in the nearest future despite the speculation by many that it will the coin of the year 2018 just like ethereum in 2017. Though am in agreement with those speculators that ripple will have a significant increase in value this year if all things remain equal. |
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Mr.cryptos (OP)
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Merit: 119
BEST BOUNTY MANAGEMENT. 10+ BOUNTIES MANAGED
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January 04, 2018, 09:03:31 AM |
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Core "best programmers in the world" are to blame.
Why and how are programmers in the world to be blamed? They supposed to increase block size and not cripple bitcoin with high fees. Whole community suffer from centralization of bitcoin development. Ripple, for sure, centralized coin, and banks can do with XRP anything they want. Bitcoin heavilly centralized too, blockstream developers can change bitcoin software the way they want. Today it's $50 fee, tomorrow it can be changes to BTC supply plan. but other decentralised crypto have very low fees and some even have no fees at all. It's not about the fees. |
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Mr.cryptos (OP)
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BEST BOUNTY MANAGEMENT. 10+ BOUNTIES MANAGED
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January 04, 2018, 09:06:59 AM |
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If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!
Op, I don't believe that Ripple can move to crypto currency in the nearest future despite the speculation by many that it will the coin of the year 2018 just like ethereum in 2017. Though am in agreement with those speculators that ripple will have a significant increase in value this year if all things remain equal. So you believe in the speculation about ripple but don't believe in Ripple (xrp)? |
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SSend3r
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January 04, 2018, 09:09:52 AM |
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Just think how it can be the 1st coin ? 100 billion coins XRP exist on market. How much 1 coin must cost to came the 1st coin or crypto ?
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Boxxl
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January 04, 2018, 09:10:51 AM |
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No Signature right now...
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fhl182
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January 04, 2018, 09:11:03 AM |
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Just think how it can be the 1st coin ? 100 billion coins XRP exist on market. How much 1 coin must cost to came the 1st coin or crypto ?
x2 more. |
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ExtendedBacon
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January 04, 2018, 09:11:33 AM |
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All it takes is a 60-70% increase for ripple right now, and its market cap will be larger than bitcoin's, I think it's a very genuine concern. That would, in a sense, officially mean institutional money controls crypto. Although, this is assuming BTC remains where it is, which is unlikely tbh.
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Kryten12
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TREEBLOCK
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January 04, 2018, 09:14:17 AM |
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I think you are looking at this the wrong way, so what if the value of Ripple increases so much it overtakes Bitcoin as the largest part of the market? The other coins will still exist and do their jobs in their own respective chains. Ripple has a specific role to play with the banks let it grow and enjoy the profits if you can make some on the way, the other coins will continue regardless.
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Nisansala
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First LEARN then EARN
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January 04, 2018, 09:25:28 AM |
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I'm Pretty sure Ripple will Success in the future.  But I don't know it can beat Bitcoin. RippleNet is better than Any Blockchain. Therefore in the Future sometimes Ripple can beat Bitcoin also. |
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fhl182
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January 04, 2018, 09:33:28 AM |
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Who developers supposed to ask to make new extreme changes? Fees will not be reduced so much, in order to use LN ( I suppose you talk about Lightning Network, since SegWit is implemented for half a year) user need to pay a fee to open a channel and pay a fee to close a channel. If there is 30 000 000 users who need LN, with bitcoin 300 000 transactions per day it takes 100 days for all core supporters to open their LN channel. You was lucky and waited half a year to open a LN channel? Now wait half a year to close it. What if there 300 000 000 users of LN network? Now you should wait for some years to open your payment channel with a bank. And that's why you don't have LN client released yet. |
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leslie4u
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January 04, 2018, 09:36:37 AM |
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I do not think Ripple is sting enough to take over decentralized system Crypto world and make it centralized. It would require a lot to do that and trust me even after that chances of Ripple succeeding is bare minimum. Yes this price did increase but then the way I look at it is just another coin with some potential but certainly not to rule the Crypto world for sure.
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mvplol
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January 04, 2018, 09:40:12 AM |
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If it ever comes close to number expect HUGE fud campaigns. Some will try their best to stop that happening.
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muratos
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January 04, 2018, 10:10:36 AM |
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Just think how it can be the 1st coin ? 100 billion coins XRP exist on market. How much 1 coin must cost to came the 1st coin or crypto ?
The amount of coins is not important. The market cap is important. Currently, if the price of Ripple doubles, it will be already #1. In that case, all crypto marketcap will also increase, maybe to 1 trillion dollars which is also good for other alt cryptos except bitcoin, btc gold, bitcoin shit, bitcoin pee, litecoin etc. In your case, if all total supply circulates (100 billion) with a price of 5$ let's say, this will equate to 5 trillion dollars market alone which is unlikely currently, but in a few years, it can happen i guess. Compare to the wall street and do the math  |
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coinmgnet
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January 04, 2018, 10:13:04 AM |
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If #Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!
It has huge chances to become the #1. The way it passed Ethereum and now Bitcoin is at 30% market cap. Oh boy, alts are gonna take over the world. |
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IamAltcoinfan
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homt.net
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January 04, 2018, 10:27:01 AM |
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Yes if ripple reaches first spot people will loose trust on decentrelised system and again the traditional banking system start to laugh over people i am not investing in ripple whatever the speculation comes . Ripple will dump soon ethereum will take its place back for sure
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criz2fer
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January 04, 2018, 03:40:34 PM |
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Just think how it can be the 1st coin ? 100 billion coins XRP exist on market. How much 1 coin must cost to came the 1st coin or crypto ?
The amount of coins is not important. The market cap is important. Currently, if the price of Ripple doubles, it will be already #1. In that case, all crypto marketcap will also increase, maybe to 1 trillion dollars which is also good for other alt cryptos except bitcoin, btc gold, bitcoin shit, bitcoin pee, litecoin etc. In your case, if all total supply circulates (100 billion) with a price of 5$ let's say, this will equate to 5 trillion dollars market alone which is unlikely currently, but in a few years, it can happen i guess. Compare to the wall street and do the math I think 2018 will be the year of altcoins. Most of the alts since last quarter fights for the increase of value since bitcoin transactions are still very slow. That why many investors turns their tide with other coins specially XRP (Ripple). |
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