Can Ripple’s XRP Hit the $10 Mark by the End of 2018? – XRP Price Today – Sun O

[bitmover]

I am in complete agreement that XRP will never hit $10 unless the entire crypto market goes through the roof and/or the dollar collapses, however.

Personally, I believe XRP has more potential than Ethereum, and could hit much higher prices.

The whole banking system could benefit itself using the blockchain technology. SWIFTs are very expensive and slow, for example (about 45 usd and 2-3 business day).

XRP objective is to change that, through a centralized cryptocurrency. They see a problem, and made a solution.

10 USD is a ridiculous prediction now, ofc. But aiming at the previous 3 ATH is not that unlike to happen in the next years. As blockchain technology develops and become safer and more trusted, XRP may become the top banking solution out there.

THere are other cryptocurrencies, like chainlink, which are working on banking solutions.

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[o_e_l_e_o]

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The whole banking system could benefit itself using the blockchain technology. SWIFTs are very expensive and slow, for example (about 45 usd and 2-3 business day).

XRP objective is to change that, through a centralized cryptocurrency. They see a problem, and made a solution.

You are correct, but that is entirely dependent on banks choosing to use XRP.

If they are going to use a centralized crypto, why would they choose one that is under someone else's control? JP Morgan, for example, have been pretty public with filing numerous blockchain patents and development of their own coin. Makes no sense for these institutions to use a coin that will make someone else profit when they can just create their own one instead.

[Awoben]

Can Ripple’s XRP Hit the $10 Mark by the End of 2018? – XRP Price Today – Sun Oct 14

Ripple (XRP) is one of the biggest digital currencies in the market so far. With a market cap of $10.38 billion, XRP enthusiasts and investors are trying to contemplate whether the coin will hit the $10 mark within the next three months. XRP’s Looming Partnership with J.P Morgan This...

Read more: https://www.trackcoinmarket.com/en/blog/can-ripple's-xrp-hit-the-dollar10-mark-by-the-end-of-2018-xrp-price-today-sun-oct-14

This is impossible, if you are still hoping and predicting this, wake up.
For such to happen  XRP must have a marketcap of $399billion, so tell me how that is possible when the total marketcap of cryptocurrency presently is $211billion.

[bitmover]

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The whole banking system could benefit itself using the blockchain technology. SWIFTs are very expensive and slow, for example (about 45 usd and 2-3 business day).

XRP objective is to change that, through a centralized cryptocurrency. They see a problem, and made a solution.

You are correct, but that is entirely dependent on banks choosing to use XRP.

If they are going to use a centralized crypto, why would they choose one that is under someone else's control? JP Morgan, for example, have been pretty public with filing numerous blockchain patents and development of their own coin. Makes no sense for these institutions to use a coin that will make someone else profit when they can just create their own one instead.

I think that what you are saying makes sense.
However, banks may prefer to use someone else's blockchain because it may be cheaper and faster.

Blockchain professionals are scarse and expensive. They may expend millions of dollars and years to create their own ripple, and it may not work. Maybe JP Morgan uses it's own blockchain, but Santander is investing in xrp for years already. Possibly we will have some competing projects

[mari12]

We have seen ripple manifest in so many ways, and by now, I think a good number of us would agree that Ripple is such a great coin, and one of the best that we have out there. That not withstanding, I do not think that there is a possibility of the coin hitting the $10 mark by the end of this year, maybe next year, but I;m not expecting so much this year.

[lelou]

$10 is almost impossible, I even doubt ripple achieving $1 before this year ends. The prediction might be optimistic for ripple but lets be realistic that ripple or any altcoins won't gain x20 before this  year ends.