Ripple is not bitcoin

[Master107]

They say ripple can be the next ethereum or can be the next bitcoin. But for me no matter how potential ripple is, it will remain as ripple. Bitcoin is not ripple or vice versa. This means ripple have its own way to reach whatever they desired to achieved. It takes time to success.

[marshmellow]

I totally agree with you. Ripple might be the next ethereum. But to become the next bitcoin, I think it's still difficult. Bitcoin still gets the full trust of many people. This is possible because bitcoin is a digital currency that was first present.

[chapcha]

So true. Ripple is not Bitcoin, and vice versa, Bitcoin is not Ripple. Even though Ripple will someday replace the Bitcoin Position, Ripple remains Ripple and its name cannot be changed and Ripple has its own ways and strategies to achieve it all as the best coin that surpasses Bitcoin or Ethereum someday.

[Warung_lontong]

yes it's true that what you say ripples is not bitcoin, they have their own way, and I ripple very hard if I want to outperform bitcoin, because I think bitcoin already has very high prices and is also very popular.

[Mikam]

Bitcoin is not a ripple or vice versa. This means ripples have their own way to achieve whatever they want to achieve. They say ripples can become the next ethereum or can become the next bitcoin.

[sirty143]

Ripple is fairly different from almost all the other cryptocurrencies, like Bitcoin and Ethereum. There’s no mining involved in Ripple's XRP, all XRP tokens were pre-mined. A large part of the coins is owned by the creator company - Ripple. Some argue that this is a centralized coin which may not be a good thing.

Most importantly, XRP’s use case is unique - it’s trying to make international payments easier. In Bitcoin, transactions are slow, and they’re expensive. This isn’t the case with XRP tokens - which allow transfer of funds within 4 seconds.

The Ripple coin seems to be targeted at institutional markets - making it easier for banks to process payments and exchange value. Bitcoin, Ethereum, and other cryptocurrencies have generally focused more on the end users or consumers.

Ripple cryptocurrency technology is rapidly being adopted by the banks due to its speed. Using XRP, banks can provide their clients with liquidity. This can be done in real time and on demand! It also eliminates the need of any pre-funding. It is also being rapidly adopted by several payment providers. They are using XRP in order to reach new markets. With XRP, they are able to reduce the time required for payment settlement and lower the foreign exchange costs. Source: CoinSwitch

[cashbit]

Ripple, Ripple himself. Bitcoin is Bitcoin itself. Of these two are very different coins. But Ripple is still a big potential to be like Bitcoin, but it must take a long time. On the other hand, Ripple is still the number two coin after Ethereum in Altcoin. So it must work hard to be like Bitcoin.

[jjeeppeerrxx]

Ripple is fairly different from almost all the other cryptocurrencies, like Bitcoin and Ethereum. There’s no mining involved in Ripple's XRP, all XRP tokens were pre-mined. A large part of the coins is owned by the creator company - Ripple. Some argue that this is a centralized coin which may not be a good thing.

Most importantly, XRP’s use case is unique - it’s trying to make international payments easier. In Bitcoin, transactions are slow, and they’re expensive. This isn’t the case with XRP tokens - which allow transfer of funds within 4 seconds.

The Ripple coin seems to be targeted at institutional markets - making it easier for banks to process payments and exchange value. Bitcoin, Ethereum, and other cryptocurrencies have generally focused more on the end users or consumers.

Ripple cryptocurrency technology is rapidly being adopted by the banks due to its speed. Using XRP, banks can provide their clients with liquidity. This can be done in real time and on demand! It also eliminates the need of any pre-funding. It is also being rapidly adopted by several payment providers. They are using XRP in order to reach new markets. With XRP, they are able to reduce the time required for payment settlement and lower the foreign exchange costs. Source: CoinSwitch

I am not a fan of ripple but this information you've shared opens up my mind and understand how ripple platform works. Well, is this proven to be a centralized cryptocurrency?

The concept of being centralized is a big issue for crypto enthusiasts since the purpose of crypto is for decentralization in this case if ripple has high possibility of being regulated.

And when that happens maybe people will give their trust to invest in ripple as per US SEC if a crypto currency will comply their requirements they will regulate that currency. I started buying ripple even small amount every now and then because we don't know what this currency may bring. Its better to have it on my wallet and forgetting about it for years will check back if the price reach thousands of dollars each token.

[troiano9]

Ripple did overtake Ethereum for about 5 minutes

[Bobcrypto]

And besides overtaken Ethereum for that short period of time, XRP is the only digital asset specifically designed for financial institutions and payment providers. Ripple (XRP) is also committed to solving the issues with cross-border payments.

[vegasus]

Ripple is not Bitcoin. Bitcoin itself is currently the best coin. But Ripple is currently the best coin too, but the best is the coin market, not the best price. So it's different from Bitcoin. Bitcoin tends to the price of coins and its many users. But Ethereum tends to market quality and stability and good market statistics.

[Seeyy]

Ripple still has great potential to be like Bitcoin, but it must take a long time. On the other hand, Ripple is still the number two coin after Ethereum in Altcoin. So it must work hard like Bitcoin.

[alfian141]

ripple are ripple bitcoin are bitcoin, they have different platform, bitcoin more popular than ripple, they has defferent market to, many bank use ripple because speed faster. bitcoin use by own comunity.

[reshat]

Ripple is a San Francisco-based company that is developing a network for faster global financial payments. ... Garlinghouse, who emphasized that Ripple is independent of the XRP token, said bitcoin will have a role in the future, but not one that will see it solve major problems, such as becoming a global currency

[damsix]

They say ripple can be the next ethereum or can be the next bitcoin. But for me no matter how potential ripple is, it will remain as ripple. Bitcoin is not ripple or vice versa. This means ripple have its own way to reach whatever they desired to achieved. It takes time to success.

That is clearly proven because Ripple does have the character that is centralized and owned by bankers.
Bitcoin remains number one because of its anonymity and its anonymous founder.