Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: team87 on January 10, 2019, 01:57:21 PM
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XRP again took over the position of ethereum in number 2. What exactly was happening? Is this a game in the crypto market?
I feel confused right now.
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I personally don't care too much about Ethereum and Ripple position. THey are 2 big projects and also very promising even if very different from each other.
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Confused about what? It was bound to happen. After days on the green, expect the price after. Maybe their latest announcement gave XRP that extra boost/support not to drop lower than ETH.
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This is just one of those days where bitcoin shows its market dominance. If it drops, everything drops.
On the case of Eth, the first scheduled hardfork (not Constantinople) is over I think. It's probably the reason why the price dropped a lot today. Many dumped and will probably buy back for the second fork on the 13th (just my hunch).
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I don't want to displease anyone, but I don't believe ripple will ever replace Ethereum. At least in technological view.
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XRP again took over the position of ethereum in number 2. What exactly was happening? Is this a game in the crypto market?
I feel confused right now.
I think Ethereum lost it's pace because of the upcoming hard fork. We should notice that during the last drops, there was panic selling, and slow recovery. This means the long-term players get in.
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We can see in this bloobleeding market of the dump, the XRP then can replace the Ethereum in the second position of coin market cap. This is good to see the two because they are always competing. It defines how precious they are. But, I'm also so sad to see all the coins in the market are red.
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Yes, the coin market cap shows that the Ripple has passed the Ethereum on the second position. We can see their influence in the market. They always compete to be in number two after Bitcoin. XRP has great volume and market graphic, so that is why this coin can replace the ETH again.
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I know that Ethereum will Hardfork with ETCV (Ethereum Classic Vision) but in fact all of that is nil and ends with SCAM.
This is what causes Etheruem to go down in price because all the HODL Ethereum is released to sell the price.
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Confused about what? It was bound to happen. After days on the green, expect the price after. Maybe their latest announcement gave XRP that extra boost/support not to drop lower than ETH.
Confused because XRP quickly took the position again at number 2. I know XRP has very good potential, but Ethereum has decreased more often ... My predictions and plans are not right. And maybe I want to be frustrated for investment.
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The difference in terms of market cap is ~ 3% at this moment. They are very close, it is normal to change positions as long as there are some price variations.
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The difference in terms of market cap is ~ 3% at this moment. They are very close, it is normal to change positions as long as there are some price variations.
The struggle for second place in terms of capitalization between ethereum and ripple is likely to continue. We should not be confused by the periodic offset of ethereum in third place. These are completely different coins with different functions and they cannot directly compete with each other. This struggle is not of great practical importance. The main thing - investors continue to invest in cryptocurrency.
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The Eth dump is kind of expected after the hardfork. The centralized nature of Ripple and its recent partnerships with various banks also helped protect XRP from being dumped hard despite BTC falling.
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Yes now again XRP surpasses ethereum in terms of total market capitalisation. There is no need to get confused actually both are give quite good fight to each other even I will not amazed if ethereum again surpasses XRP in coming days. This is high volatile market and this will happen now and then. There is no game it all depends on the buyers.
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As we see that the Ethereum is facing its down price again on the market. It only needs few days and then Ripple can replace the ETH on the second position on CMC. I know that it may not give the big influence, but the trust of the people in Ripple will be higher after all.
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The difference in terms of market cap is ~ 3% at this moment. They are very close, it is normal to change positions as long as there are some price variations.
Well, both of them compete very tightly. XRP and Ethereum do have many fans. But it would be great if the market was green, at least giving space for traders to transact and gain profits.
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This is really interesting to follow the development, I myself was surprised by this. I think Ethereum is too strong for the opponent, but it turns out that XRP has again overtaken Ethereum, and now XRP is back in position 2!
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The difference in terms of market cap is ~ 3% at this moment. They are very close, it is normal to change positions as long as there are some price variations.
Well, both of them compete very tightly. XRP and Ethereum do have many fans. But it would be great if the market was green, at least giving space for traders to transact and gain profits.
Everyone will expect the market to be green, if large amounts of money or whales are moving then the current situation will definitely change. maybe later eth will rise again and become number 2 again, we'll just wait.
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The difference in terms of market cap is ~ 3% at this moment. They are very close, it is normal to change positions as long as there are some price variations.
The struggle for second place in terms of capitalization between ethereum and ripple is likely to continue. We should not be confused by the periodic offset of ethereum in third place. These are completely different coins with different functions and they cannot directly compete with each other. This struggle is not of great practical importance. The main thing - investors continue to invest in cryptocurrency.
You are right, indeed between XRP and Ethreum is very different especially in its function. XRP is centralized and the price is also cheaper than ETH. In general there will be no competition, I say competition is only about the top positions in CMC. Not at all about value and capitalization, because I also know that it is different. Thank you for the insight you have given.
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If we take into account that Ripple is quite difficult to call a cryptocurrency, it is interesting why it is on the CMC.
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Now this is the game about who has the bigger capital will win and seem like XRP is superior than ETH in this race. XRP has more successful project than ETH in the last year and if we can get out of the bear market now, I think XRP will rise high
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Simple manipulations that are made solely in order to change our opinion about a particular project.
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This is a natural replacement when ETH didn't have any improvement for a long term since Ripple have more and more successful project with many big organization in the world
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This is indeed very interesting, the competition between ripple and ethereum in Coinmarketcap is very tight, these two coins take turns in second place. and I also believe, between ripple and Ethereum these are two coins that have great trust from the community, and also both have a very high potential value in the future.
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Cryptocurrency is indeed a game full of numbers.
If we understand the situation then I make sure we can take advantage, for example trading between Ethereum and Ripple.
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Yes and if ETH don't have any improvement soon, XRP will keep this position for longer because ETH has showed a poor recovery since the past few months
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both are good, you can buy ETHEREUM and RIPPLE. no need to choose. because eth and XRP are good altcoins. only different platforms .. xrp is an altcoin with centralization, and eth is decentralized. but in my opinion both are good for the future.
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Ripple is certainly a good and promising cryptocurrency, but I still choose Ethereum because of its huge potential compared to other altcoins. Ethereum is the most needed altcoin, and the trading volume is large, and the demand for coins continues to increase over time because it is necessary to invest in ICO projects.
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I think Ethereum doesn't accompany bitcoin anymore, as we know a few years ago bitcoin was accompanied by litecoin, so maybe there is another cryptocurrency that will accompany bitcoin when it goes to the moon and I don't think it's XRP
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This time we again saw not the power of Ripple, but only its stability, which helped it to stay at its level of capitalization.
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Now this is the game about who has the bigger capital will win and seem like XRP is superior than ETH in this race. XRP has more successful project than ETH in the last year and if we can get out of the bear market now, I think XRP will rise high
It seems like that, the XRP dominates the market for now. And Ethereum hasn't been able to show good performance lately. I watched both of them in recent days. Its market capitalization is $ 12,940,814,475 in CMC. Getting better.
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XRP has taken ETH place and it seem that XRP stable in that position too. I think that XRP had the potential to remain and keep this position for at least next month
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Having the second stage for ripples to be higher prices, the first stage that we have seen is that many people take a lot of profits with 100% profits with ripples. Ripple has a touch with higher prices yesterday and is currently low, but has a second chance to profit by XRP.
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Ethereum is the best altcoin for long time ethereum has second largest cryptocurrency but now Ripple is dominating the altcoins section actually Ripple technology is more powerful I think this is the new level of bank systems so currently Ripple growth is increasing significantly.
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On the basis of this I think about public trust in an altcoins.
When Ethereum lost a lot of value and Ripple went up and beat Ethereum there must have been little public trust moving from Etehruem to Ripple.
The price of Ethereum has dropped too much and Ripple tends to survive.
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Ripple (XRP) is the second largest coin by market cap now. It has happened before but it was considered to be temporary. However, this time, Ripple (XRP) and Ethereum (ETH) have a market difference of almost $3 billion. Normally, that would not seem like much in crypto markets, but we have a combined market cap of just over $100 billion. If the circumstances were different, we could have expected Ripple (XRP) to have held on to this position for long, but it seems to have run its course against both Ethereum (ETH) and Bitcoin (BTC). The weekly chart for XRP/ETH shows that Ripple (XRP) is just a heartbeat away from testing the previous ATH against Ethereum (ETH). We can already see a red candle forming after XRP/ETH was rejected at a strong resistance.
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I never take RIpple seriously, for it's a project out of the category where everyone is trying to cash in on someone.
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XRP surely has the potential and ability to do it and it’s still holding the second position until now. But maybe ETH upgrade at next month can change everything
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Ripple is the potential altcoin there is no doubt still it's doing better in the cryptomarket thus Ripple is maintaining second place in coinmarketcap and Ripple technology is developing very fastly among the many big banks I hope Ripple will rise again.