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Author Topic: Ripple vs Bitcoin? Decentralize vs Centralize, Who win?  (Read 867 times)
samiraetn
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April 01, 2018, 04:40:28 PM
 #21

Here both are different in quality. One is centralized and another is decentralized. But I believe both are performing well at its own position. Though bitcoin price is going down in recent days, it will recover soon and there is a chance to go far away.
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April 01, 2018, 05:01:10 PM
 #22

Bitcoin won't lose to Ripple. Some time ago it was worth about $3 dollars, some people were sure that it will surpass Bitcoin but it didn't so far. People who become interested in cryptocurrencies know that their biggest benefit is that they are decentralised. I don't see any reason why Ripple would overcome Bitcoin. Ripple can process more transaction per second because it is centralised. You have to pay 20 XRP for creating a Ripple wallet, that's way to much. You can create as many Bitcoin wallets as you want to, even offline.

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April 01, 2018, 05:06:54 PM
 #23

Ripple had quite a good growth in recent times but ripple has again fell down, so have the other crypto currencies as well. But ripple will never be able to compete with bitcoin, that's something very difficult even for Ethereum just based on global market cap. And people would better love to have a decentralized currency than a centralized currency again because if they just wanted centralized currency they wouldn't have gone for Bitcoins in the first place right?
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April 06, 2018, 11:58:30 PM
 #24

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?
Decentralization and Centralization are two complementary things. And to see who is the best, let the decisive time. Because the question you made is too difficult for me to answer.

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April 07, 2018, 12:06:47 AM
 #25

My hopes are for a decentralized coin , whether it is bitcoin or some other coin. Because of the many advantages it gives to the consumer. But in all honesty i don't think most people care about that kind of stuff. The facebook scandal is pretty much forgotten already and people don't seem to care about their privacy , then why should they care if the currency they use is centralized or decentralized.

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April 07, 2018, 12:11:42 AM
 #26

It depends on how many people use it. Because people's thoughts are different. I think Bitcoin is superior because of the large number of fans and the many other forums that let about Bitcoin over ripple. I prefer Bitcoin.
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April 07, 2018, 01:00:07 AM
 #27

Who wins? Then I will say, that is bitcoin, which will win obviously!  Bitcoin is the base of all cryptocurrencies and Ripple is just good crypto coin. If bitcoin down then ripple will down too. Lots of people are not interested in ripple or ripple price, and I am one of them  Grin

So, I request you, please don't compare between Ripple and Bitcoin. Let bitcoin remain the king!  Cool

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April 07, 2018, 04:25:59 AM
 #28

My hopes are for a decentralized coin , whether it is bitcoin or some other coin. Because of the many advantages it gives to the consumer. But in all honesty i don't think most people care about that kind of stuff. The facebook scandal is pretty much forgotten already and people don't seem to care about their privacy , then why should they care if the currency they use is centralized or decentralized.

you are forgetting one thing and that is the fact that when it comes to a new technology (a new form of currency in this case) people want the new thing not just the old thing with a different name. Ripple is not different from using a bank, paypal, Visa,... so nobody will ever want to use it with the additional volatility and all the risks that XRP has. when you choose something new over the old one you want to get something out of it not add to your misery!
with bitcoin there is volatility, and risk but there is also decentralization and the fact that it is censorship resistance. that is why people always choose bitcoin over any centralized shitcoin.

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April 15, 2018, 04:08:37 PM
 #29

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

As I see it, Bitcoin will win. Initially, cryptocurrency idea was decentralization. Ripple is not real altcoin, and I cannot understand people that compare it with BTC. Naturally, Bitcoin will stay the leader.
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April 22, 2018, 04:51:24 AM
 #30

I think ripple will win for that comparison, one of ripple advantages to all crypto not just Bitcoin itself is the scalability that  issues stem from set blockchain parameters which dictate the number of transactions which any blockchain can perform on a set second to second basis. To make an example Bitcoin can currently only process 16 individual transactions per second. Ethereum then lags a little further behind at 15 transactions per second. With Ripple XRP, however, a staggering 1,500 transactions per second can already be accomplished.
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April 22, 2018, 05:58:24 AM
 #31

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

Hi!

Bitcoin and Ripple have very different governance and ownership structures. Bitcoin is highly decentralized and owned by a community.Ripple is owned by a private company and created to improve upon a now-outdated system of international transactions. Considering transaction time, Average transaction cost , Transaction per second and Energy cost per transaction Ripple is better than bitcoin. Despite the downsides of ripple are Centralization and competition. A lot of people feel that Ripple cannot be trusted as a currency because Ripple itself is a Private company with close connection to the bank system. Bitcoin cannot officially partner with any company or entity. Bitcoin has gathered powerful people and currently it's use as a investment opportunity. Hence I believe Ripple has more advantage than bitcoin but It can not beat bitcoin because of community powers and decentralized manner.

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April 22, 2018, 06:16:58 AM
 #32

It's obviously the BTC win.

XRP is not optimistic, neither the strict encryption currency, nor the decentralization! It serves the bank!

BTC is a completely decentralized currency for the investors of BTC!
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April 22, 2018, 06:22:39 AM
 #33

The key differences are:

BTC is created by miners. XRP is all premined.
BTC has a total supply of 21 mln coins. Ripple has 100 bln premined coins.
BTC takes much longer to complete a transaction. Ripple does it much much faster.
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April 22, 2018, 06:33:56 AM
 #34

The key differences are:

BTC is created by miners. XRP is all premined.
BTC has a total supply of 21 mln coins. Ripple has 100 bln premined coins.
BTC takes much longer to complete a transaction. Ripple does it much much faster.

so in conclusion to that , who do you think is the winner? I bet you will say ripple? its ok if that is your choice because  every people has their own favorite but for me i think the winner is still btc because btc is the original and btc is mostly or oftenly being used when it comes to online transactions even though they know that ripple is much faster and has a lesser fees.

i only see ripple as a trading coin because it is an alt and alts are mainly best or suitable for trading purposes while btc on the other hand is popular when were talking about investing.
ereme
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April 22, 2018, 06:43:08 AM
 #35

Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

Ripple developers already told that they are working on making Ripple decentralized, so it s not a wanted feature. There is no competition between ripple and bitcoin at all.
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April 22, 2018, 07:00:45 AM
 #36

on one hand we have bitcoin which is decentralized and revolutionary which sets it apart from all the old monetary systems.
on the other hand we have Ripple and other centralized altcoins which are centralized to one group who control everything about the coin and they have not that many differences from old monetary systems such as banks.

so why do you think anyone would ever choose centralized coins such as Ripple and trust the shady foundation of it instead of using banks and trust the government and banks instead? your question is actually the difference between using Ripple versus using something like PayPal and in any scenario PayPal will win.

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April 22, 2018, 07:06:37 AM
 #37

Ripple was a good project presented to the market and many engaged  on it, bought ripples but i would say bitcoin is still undisputed of all crypto currency and still the most recognized of them all. For the sake and respect to the crypto currency, their is no need to compare both because they served a great purpose to us all and they both have their own path to follow.

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April 22, 2018, 07:11:22 AM
 #38

I just don't get it or understand why someone would buy a centralized coin. Isn't the wonderful and unique thing about bitcoin and cryptocurrency is being decentralized? I just don't see the point at all and it contradicts the main goal of cryptocurrency. I will still pick bitcoin and will never buy ripple no matter how high and how big the profit it will give.
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April 22, 2018, 08:01:18 AM
 #39

One thing I want to confirm, Ripple is a token, and Bitcoin is a Crypto currency.
The banks of course will select the best thing to profit themselves but will the crowd need bank in the future. Think about that. You can transfer money to anywhere in the word, then WHY you need to go to the bank, deposit your cash, pay the transfer fee and wait few days with very limit amount. If you want a bigger amount, you must ask for permission in some countries. Then What would you think people like to do? Stay home with a few click on your laptop, smartphone, PC, etc. and your money will be transfer in just a few minutes or even few seconds without limitation. Think about that.
But bitcoin const transactionis just too hight that's why people choose ripple to send small amount instead of using bitcoin. Those who bought ripple may think that it will skyrocket due to supported by many financial corporations such a bank, I personally think that Ripple has bright future but will it beat the bitcoin? I'm sorry I don't think so, bitcoin is still the best.

I just don't get it or understand why someone would buy a centralized coin. Isn't the wonderful and unique thing about bitcoin and cryptocurrency is being decentralized? I just don't see the point at all and it contradicts the main goal of cryptocurrency. I will still pick bitcoin and will never buy ripple no matter how high and how big the profit it will give.
Basically, it is against the concept that Satoshi Nakamoto has been proposed. In decentralized you have control over your asset and it's a good thing like I've said above those who bought ripple they just didn't care about this thing, I personally care about it.
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April 23, 2018, 01:59:14 PM
 #40

In my opinion, Bitcoin will win. Bitcoin has a stronger community of investors and supporters. It has a much higher adoption rate and market capitalization which Ripple cannot achieve easily. The very foundation of cryptocurrencies is based on a decentralized concept. So, there is no point of centralizing it. People, now days have started understanding this, so, Bitcoin will definitely win.
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