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Author Topic: Ripple the next bitcoin?  (Read 2165 times)
Roidz
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September 19, 2020, 06:26:55 PM
 #201

As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?
Ripple becoming the next bitcoin, Are you kidding? In my opinion it is impossible, because we can see a lot of differences between the two cryptocurrencies, so that for Ripple to be like bitcoin, it is impossible even though later the price of bitcoin drops to be very cheap, of course there will not be a single altcoin that will be able to replace bitcoin as one of the greatest cryptos ever.


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September 19, 2020, 06:44:23 PM
 #202

I don't think that Ripple is the next bitcoin, as far as I know, Riplle focuses on financial systems like Paypal and is widely used by large companies for transactions or financial systems. bitcoin and Ripple are not the same, they are different from each other and certainly cannot be compared to each other.

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September 19, 2020, 07:01:34 PM
 #203

I don't agree with you. Bitcoin is bitcoin. There have  no next bitcoin.  Ripple is the next ripple. Don't compare with bitcoin. That's not mean ripple is not good. Ripple is very strong project and increasing very high. But i can't say it's next bitcoin. Bitcoin is only one. It's have no next.

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September 19, 2020, 07:04:24 PM
 #204

I really don't understand on what capacity does Ripple stand as a rival to Bitcoin. Its rather amusing to see the post. Ripple is still far behind the reach of Bitcoin and may never get their till the end of time. Bitcoin is the unrivaled king of cryptocurrency and that has been since the inception of the industry.
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September 19, 2020, 07:22:28 PM
 #205

I really don't understand on what capacity does Ripple stand as a rival to Bitcoin. Its rather amusing to see the post. Ripple is still far behind the reach of Bitcoin and may never get their till the end of time. Bitcoin is the unrivaled king of cryptocurrency and that has been since the inception of the industry.

Ripple does not have the task of necessarily overtaking bitcoin or taking its place. Both currencies can exist together and create a competitive market for each other, and thus increase the interest and value of each other. There is no sense that one of them would replace each other-the more coins there are, the more stable the market.

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September 20, 2020, 04:53:56 AM
 #206

No doubt ripple is Avery good coin. Many people like it. They have served many project update they promised m they have a good team and many investors and most of them are into banking sectors. And for many these is a problem. Cause ripple is not fully decentralised in this matter they are backed by many banks and money makings funds and and some how a part of it depends on them. This is why people in this community don't like ripple very much. But the idea of ripple and the future is very bright. So if you like it you can hold it.

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September 20, 2020, 05:23:21 AM
 #207

I don't see how ripple can be next bitcoin. The basic motto behind creation of ripple and bitcoin are completely different. One is created for emphasis on decentralization and the other is a utility token for a company handling payments.


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September 20, 2020, 05:52:25 AM
 #208

Sto drinking the Kool-aid. Ripple is the bastard child and the traitor of cryptocurrency. It was born out of opportunism of its founders to get rich. A centralized issuance, huge pre-mine in the name of Ripple foundation and its ridiculous wannabe tactics of cozying up to the banks are just some of the issues with it.
Ripple poses as a replacement to Swift by using its own token for transfers. This will never happen. The banks will come up with their own centralized coin than dole out their money to Ripple founders.

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September 20, 2020, 05:58:48 AM
 #209

As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?

$10 sounds excessive. We did have $3 a few years back at the height of the 2017 / early 2018 frenzy... but the price fell back quickly. I do believe in the long-term potential of the coin, and they are one of the leaders in terms of integration with the real world. But I don't think this has anything to do with the launch of xRapid, which has been live for a couple of years now. I'm not sure about it being 'the next bitcoin' either, as the use case is entirely different. We do also (still) have the court cases with Ripple, which is probably depressing the price. Long term though, yes, if they can get through the legal stuff then the future looks promising. I just don't know about $10.

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September 20, 2020, 06:26:40 AM
 #210

It's true that Ripple is great for investing, and it also has cheap and fast transaction fees. Ripple is also high volume and also popular.
But that doesn't mean Ripple can be the next Bitcoin, because Ripple is a centralized coin, it is very different from Bitcoin which is fully
decentralized. Actually there have been many coins that have tried to replace Bitcoin, but until now nothing has been successful.

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September 20, 2020, 06:47:54 AM
 #211

If there is a new project present and can rival bitcoin then it is very difficult for us to accept because before bitcoin is also pricey and it takes time to rise to the current figure, but if ripple is a lot of interest and we can count on it will not be impossible to compete bitcoin and then we will just see the development of ripple and we hope it can be as we expect.


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September 20, 2020, 07:07:28 AM
 #212

anything can happen, even if ripple can reach $ 10 it could also happen. but not for now and 5 years from now. I think etherum is still stronger as the next bitcoin with a higher price and market cap than Ripple. maybe because of the development and also the companies that support ripple, it could be a sign that ripple is likely to rise high. but I don't think so in the near future.

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September 20, 2020, 07:30:21 AM
 #213

I don't like comparing Ripple to Bitcoin. Both cryptos have their own drawback. XRP was never meant to be another Bitcoin. Ripple’s big bet is that XRP will become a “bridge currency” that many financial institutions use to settle cross-border payments faster and more cheaply than they do now using global payment networks, which can be slow and involve multiple middlemen.
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September 20, 2020, 08:48:30 AM
 #214

I don't like comparing Ripple to Bitcoin. Both cryptos have their own drawback. XRP was never meant to be another Bitcoin. Ripple’s big bet is that XRP will become a “bridge currency” that many financial institutions use to settle cross-border payments faster and more cheaply than they do now using global payment networks, which can be slow and involve multiple middlemen.

XRP is the centralized coin while bitcoin is decentralized. This is the biggest difference between the two. Ripple was introduced to be used in the banking sector but it has never been used widely in the finial institutions. Although banking sector still support XRP over bitcoin but i don't think it can surpass bitcoin.

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September 20, 2020, 09:13:20 AM
 #215

Ripple  serves as  my alternative way of cashing out on exchanges because of less fees. Nonetheless, it will never be the next bitcoin and no one will be because it's the roots of all crypto and the king that most invested and most popular of all.

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September 20, 2020, 01:06:31 PM
 #216

As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?

Ripple is a very strong coin and it has a great blockchain but we can't compare ripple with the monster, Bitcoin. Because Bitcoin is Bitcoin. No coin can hold the crypto market like bitcoin did. Hence, we can see a huge growth in ripple coin in future.
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September 20, 2020, 04:12:56 PM
 #217

It is not that easy to take over the position of bitcoin, it is very difficult, bitcoin is very dominant in the market cap, although currently there is no effect of the ups and downs of bitcoin on ALTCOIN

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September 20, 2020, 11:28:32 PM
 #218

No doubt, Ripple is launching new technologies to support financial institutions and banks through their new services, but XRP can't cross the Bitcoin and may be reached at the price of $1 but not $10.

yeah, personally i don't understand with the reason from the OP
i knew ripple is one from many great project in cryptocurrency world, but i never think if this project will be the next bitcoin

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September 21, 2020, 07:21:38 AM
 #219

Hahaha Not Ripple next Bitcoin.Bitcoin great and number one coin. Ripple not bad coin but bitcoin is a bitcoin crypto king only Bitcoin.
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September 21, 2020, 08:53:40 AM
 #220

No doubt, Ripple is launching new technologies to support financial institutions and banks through their new services, but XRP can't cross the Bitcoin and may be reached at the price of $1 but not $10.

yeah, personally i don't understand with the reason from the OP
i knew ripple is one from many great project in cryptocurrency world, but i never think if this project will be the next bitcoin
ripple can never replace bitcoin because ripple has too much supply so that the price cannot exceed the price of bitcoin, still make ripple an altcoin which is used as a solution for banking, so it won't get out of line.

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