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Author Topic: Will Ripple XRP be the number one cryptocurrency  (Read 1612 times)

Offline Goku01

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Will Ripple XRP be the number one cryptocurrency
« on: October 07, 2018, 09:35:56 AM »
Will Ripple XRP be the number one cryptocurrency before the end of the year?

No, for that to happen it would have to be adopted by all the banks and become the defector cryptocurrency for all the banks. That is not going to happen for a couple simple reasons. Banks are never going to adopt a system that they do not control. The reason banks use the SWIFT system for money transfer over any other competing system is that they own it and all the fees it generates goes to the banks. They also know that the system can not be hacked since the only authorized users with access are banks. Banks are working on projects to update SWIFT to a blockchain. That is where the future is for transnational money transfer by banks. Not in Ripple.

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Will Ripple XRP be the number one cryptocurrency
« on: October 07, 2018, 09:35:56 AM »

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #1 on: October 07, 2018, 10:04:16 AM »
Will Ripple XRP be the number one cryptocurrency before the end of the year?

No, for that to happen it would have to be adopted by all the banks and become the defector cryptocurrency for all the banks. That is not going to happen for a couple simple reasons. Banks are never going to adopt a system that they do not control. The reason banks use the SWIFT system for money transfer over any other competing system is that they own it and all the fees it generates goes to the banks. They also know that the system can not be hacked since the only authorized users with access are banks. Banks are working on projects to update SWIFT to a blockchain. That is where the future is for transnational money transfer by banks. Not in Ripple.

It is possible mate. But It will take several years. Ripple is very potential coin , Banks integrated ripple.

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #2 on: October 07, 2018, 10:47:49 AM »
I don't think that will be possible because XRP isn't very good.

Offline ayatoslaw

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #3 on: October 07, 2018, 10:59:34 AM »
good analysis, banks will not be able to accept cryptocurrency, because they cannot control cryptocurrency, but I am sure they are not silent and only see the development of cryptocurrency,
I am sure, they are doing innovations for banks and crypto, how banks can enter cryptocurrency and attract all investors to their projects.
and if that happens, the cryptocurrency will experience a big wave of change.

Offline dpektemek

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #4 on: October 07, 2018, 04:25:55 PM »
it will be never a number one but it will remain one of the masterpieces of the system.Having the best technological infrastructure is its best feature.it will always make it strong in the market.

Offline CebuBitcoin

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #5 on: October 07, 2018, 04:49:01 PM »
Will Ripple XRP be the number one cryptocurrency before the end of the year?

No, for that to happen it would have to be adopted by all the banks and become the defector cryptocurrency for all the banks. That is not going to happen for a couple simple reasons. Banks are never going to adopt a system that they do not control. The reason banks use the SWIFT system for money transfer over any other competing system is that they own it and all the fees it generates goes to the banks. They also know that the system can not be hacked since the only authorized users with access are banks. Banks are working on projects to update SWIFT to a blockchain. That is where the future is for transnational money transfer by banks. Not in Ripple.
Nope,  I dont think this will happen, ripple is a decentralized coin which means the majority of the supply of this coin is held in the founder and  can be manipulated.

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #6 on: October 07, 2018, 04:59:39 PM »
With a large supply, I'm not sure that ripple will be the best coin. There are still many coins that have the potential to replace bitcoin such as litecoin, ethereum and bitcoin cash.
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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #6 on: October 07, 2018, 04:59:39 PM »


JSD10M

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #7 on: October 07, 2018, 07:40:12 PM »
We never really know what is going to happen. Personally, I thought XRP was already dead before but it is here and it even surpassed ETH as no. 2 at one point

Offline twothumbs

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #8 on: October 08, 2018, 10:12:06 AM »
I don't think that it will happen in the short time because ripple needs to compete with the other coin, especially with the expensive coin. But ripple has a chance to be the number one cryptocurrency, but as I said, it will need time to see this. Ripple still on the way to increase the price and this is what we need to compete with the other coin, and then people will see what benefits from ripple that they can use for helping their life.

Offline yousufatik

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #9 on: October 08, 2018, 11:15:20 AM »
In my own opinion, I think that XRP may still remain in the top 3 at Coinmarketcap exchange listings. It may take a while for XRP to achieve such goal and basically the chance of becoming the 2nd rank coin is not far for XRP to meet such goal since it had already tried to overlap ethereum in the past month but it didn't take longer. For as long as many investors would be investing in XRP, definitely such goal would be attain in the 2nd rank position but not in the number one slot.
« Last Edit: October 08, 2018, 11:20:18 AM by yousufatik »

Offline Lighthouze

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #10 on: October 08, 2018, 11:18:50 AM »
These constant talks and topics about Ripple is just hype and shilling in my opinion, as it does not have the capability of permanently unseating Ethereum on the no.2 spot, talk more of becoming number 1 on coinmarketcap. Ripple is highly centralized, totally against what cryptos industry stands for.

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #11 on: October 10, 2018, 03:53:32 PM »
Every time, without no exception, I am laughing at this statement.

Guys, be realistic. It is like a miracle for ripple to see these days. How come a centralized runner win the game where all other players are decentralized?
Any guess?

Whales!

Instead of having ripple bags, go find some gems, or invest in the projects which have very small market cap right now.

Offline zenbook

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #12 on: October 15, 2018, 03:15:54 PM »
Ripple is a good coin and had hit more than 1 dollar last year. investing in ripple for the long term is also very good, but if we talking ripple as number one I think it still takes longer, because ethereum and bitcoin are not bad coins.
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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #13 on: October 15, 2018, 03:19:51 PM »
I think that BITCOIN will still remain "the king" but Ripple can really become n.2 crypto if banks will decide to adopt it as blockchain platform.
                 
                 
                 
                 
                 
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Offline Jaguar

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Re: Will Ripple XRP be the number one cryptocurrency
« Reply #14 on: October 15, 2018, 03:21:47 PM »
To take the lead is impossible at the condition of ripple. Before it will come up to number one, it must first defeat ethereum that I guess difficult to fulfil.

 

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