Ripple vs. Banks?

[encycrypto]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

[bartolo]

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

[cryptobae10]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

We can wait and find out what actually is the troubles for ripple, but i do not think there is much
Ripple is a big brand, with a private product, and a good market volume on coinmarketcap.
Soon enough, we can find out how strong ripple is.

[encycrypto]

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

[euphonium]

Ripple is focused on getting into the banking scene but it's hard. They clearly have some connections since they go and promote themselves as a banking coin.

[SwiggHeart]

Nope, I don't think ripple will be beaten by the bank who want to create their own cryptocurrency. Just look on the coinmarketcap, ripple has more popularity.

[Saugani]

~snip~

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

Great you said, the Ripple belongs to the ranks of the protocol centralised successful and many of the partnerships against the bank is also any included in the local my state.

however, it’s very a lot to assume as soon as possible that the ripple will have a high level of security as the bank maybe a kind of equal, ohh not long enough and requires more time.

I agree the performance on the body of their company very fast so move about cryptocurrency at this time, well Ripple coin have value in the market.

[n0ne]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Not really, ripple will serve as the base. Though banks create their own cryptocurrency for transaction with other networks a platform similar to ripple is in need. In this way the usage of ripple will continue and it is not at all a trouble. Because ripple being a closed chain it is same as that of the banking system, so financial institutions will make use of ripple.

[TheCrimsonFucker]

Would not XRP's ambition be to become the bank of all banks? In fact, I see it differently, but it'll probably have some competitors, including the JPM project! Some time ago warned the risk of investing in XRP and apparently it's becoming real. For many it's difficult to accept that Bitcoin is the Sun of the crypto! Any project that tries to get closer can burn. I think XRP can add a lot like Altcoin, just that. You must recognize that your community is extremely passionate.

[libert19]

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Not everyone can do everything by themsleves, that's why. Ripple have their things ready so if banks want they can directly use it, rather than by creating one from scratch.

[bitcoinm3ster]

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Not everyone also wants to build their own platform. It needs lots of cost and employees. Instead, they use the other popular platform to serve for their jobs and it will save more cost

[Maslate]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

I have read similar article about this, I think this one will become ripple obsolete, that's why from the start
I never think that investing in ripple is a good idea, it's centralized and its for banks but now banks started to make their own, let's see
where this will bring ripple to.

The crypto space is for decentralized tech only, that's my understanding and I'll only support a decentralized coin like ETH and many others
of course, by doing this, I feel like I'm doing the right thing.

With more banks make their own stable coin, the future of BTC will be brighter.

[Herbert2020]

Obviously they are, I guess they will have to look for another niche, other clients. They should have seen this coming, sooner or later banks were going to be able to create their own blockchains and then, why should they trust Ripple instead of managing everything by themselves?

Actually, Ripple has been quite successful in making partnerships/developments in the past with banks. I don't think that Ripple expected this!

that is the whole point, these "partnerships" are using Ripple not XRP. and in other words many of them are in fact creating their own centralized cryptocurrency and never use the token that their foundation created.

XRP has always been in trouble and was doomed to fail because it was a useless token which was also centralized. everyone knew it from the start too so they only focused on making millions out of it before it dies.

[Imoote]

Ripple is focused on getting into the banking scene but it's hard. They clearly have some connections since they go and promote themselves as a banking coin.

It's hard, it doesn't mean there's no way, because all the work has its own way and it takes time to fit in, ripple is a coin with a good and good banking concept, so it's not an impossible thing even though it's a little difficult.

[solarion]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Both are shit. LOL  Do you any thought that any of this will help the people. No there is no change for it. If you really want the empowerment of money, finance and etc. Bitcoin and other decentralized cryptocurrecies are the only way to make that true. Then banks will not end the ripple.
They encountered this coin into the market to shake the market with the centralized crypto and they done it too. If you are investing ripple. Please do not do it anymore and keep your fund safe on bitcoins.

[Thanasis]

Ripple is focused on getting into the banking scene but it's hard. They clearly have some connections since they go and promote themselves as a banking coin.

It's hard, it doesn't mean there's no way, because all the work has its own way and it takes time to fit in, ripple is a coin with a good and good banking concept, so it's not an impossible thing even though it's a little difficult.

Banking concept by the bankers so this makes no difference from the current fiat system other than the transaction are in Blockchain network,So I won't pick the ripple even over the current fiat because the chance of losing value on fiat is less than ripple.

[mindrust]

Banks dont give a damn about ripple. Let alone its tokens. It was a scam from the beginning. Too bad if you just discovered the truth.

On the other hand, It still can make outrageous profits before it collapses. Bitconnect did it too. If you hodl any ripples, be careful and be sure that you dumped all before the stampede starts.

[Meizu]

This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

In trouble Ripple or not, only time will tell us. To date,I believe the coin is not bad in the market. And if the developers have enough patience and experience to leave their project afloat, I assume that the coin can in the future show us a very good result in terms of development and profit.

[kingzpro]

I think ripple is a unique project and it cannot be linked to banks, it is designed for global payments like dozens of other coins so even if every bank creates its own coin i think ripple will still survive there are many many more avenues for business other than banks for ripple so personally i will not worry much.

[ukloon]

Ripple has struggled to rise whereas other coins are enjoying the occasional pump. Hard to say if the reason is due to lack of confidence in it's future or if they are simply dumping their massive holdings