Ripple going way up

Most coins will pop, XRP actually has real world uses already and that is what will matter when this bubble pops. Refer to the .com bubble.

Originally Posted by Employer

Most coins will pop, XRP actually has real world uses already and that is what will matter when this bubble pops. Refer to the .com bubble.

what real world uses?

Originally Posted by Dave84311

what real world uses?

https://www.reddit.com/r/Ripple/comm..._what_happens/

https://steemit.com/ripple/@isteam00...in-the-details

To understand the solution Ripple offers, one needs to understand how banks send money across borders. For example, if Bank of America has to send $ (we are talking millions to billions) to the Central Bank of Venezuela, it usually takes days and costs thousands of dollars to send. Ripple has proven that this wealth transfer can occur in minutes or less with phenomenal cost savings. Banks are a business, they know how to make money and make more money. Ripple’s technology gives them more money. Make no mistake, this does not translate to the average Joe and may never. This is about banks making more money by saving on these costs.

First banks will start using crypto to make their own transfers as its the cheapest option. However, I would assume every bank eventually simply uses their own coin, their own blockchain tech and does not publicly trade their coin.

Originally Posted by Employer

https://www.reddit.com/r/Ripple/comm..._what_happens/

https://steemit.com/ripple/@isteam00...in-the-details

To understand the solution Ripple offers, one needs to understand how banks send money across borders. For example, if Bank of America has to send $ (we are talking millions to billions) to the Central Bank of Venezuela, it usually takes days and costs thousands of dollars to send. Ripple has proven that this wealth transfer can occur in minutes or less with phenomenal cost savings. Banks are a business, they know how to make money and make more money. Ripple’s technology gives them more money. Make no mistake, this does not translate to the average Joe and may never. This is about banks making more money by saving on these costs.

First banks will start using crypto to make their own transfers as its the cheapest option. However, I would assume every bank eventually simply uses their own coin, their own blockchain tech and does not publicly trade their coin.

What does Ripple do differently that banks can't use other cryptocurrencies?

Originally Posted by Dave84311

What does Ripple do differently that banks can't use other cryptocurrencies?

Nothing! They are just the current go-to, as I said banks will likely use their own in-house cryptos in the future. The thing is right now banks are using ripple, when a new bank wants to use a crypto they'll more than likely use what their competitor is using as ripple works out the kinks of working with banks.

Originally Posted by Employer

Nothing! They are just the current go-to, as I said banks will likely use their own in-house cryptos in the future. The thing is right now banks are using ripple, when a new bank wants to use a crypto they'll more than likely use what their competitor is using as ripple works out the kinks of working with banks.

Why is this good for ripple, you realize that banks dont buy coins on exchanges, so that would never effect your usage or the value, they buy it from the founder of ripple that has a large percentage of it. The only thing holding it up are normies who have fomo and the people who are getting shilled.

Originally Posted by Employer

Nothing! They are just the current go-to, as I said banks will likely use their own in-house cryptos in the future. The thing is right now banks are using ripple, when a new bank wants to use a crypto they'll more than likely use what their competitor is using as ripple works out the kinks of working with banks.

No banks are using it though, it's actually just a gimmick, and the only rebuttle the CEO had was that it has lower fees than BTC, which isn't something to brag about considering no ones using it. It's going to pop and pop fast, and the people left without the money are going to be the people who aren't pumping it up.

Originally Posted by arunforce

Ripple is a gimmick, it has no proper use outside of Banks, no one accepts XRP for transactions. You're correct tho, it is a bubble.

Well, it's a gimmick that's tripled my money in a very short timeframe. I'll take it.

Originally Posted by Dave84311

Investing...
It's all about buying low and selling high.
It's all about making money investing and getting out before you're a bag holder.
It's also about cashing out before bubble bursts.

Some coins such as BCH and XRP are garbo and aren't worth supporting. Don't take my word for it, do the research.

Maybe its nice not to support it but you cant blame someone for profiting off investment. Its just personal interest in making money at the end of the day and people are always going to invest into currencies like XRP

Originally Posted by arunforce

Ripple is a gimmick, it has no proper use outside of Banks, no one accepts XRP for transactions. You're correct tho, it is a bubble.

Everyone's exchanging their btc/eth for a crypto that isn't decentralized at all - which was the whole "key thought" behind btc.
That's why you'll see btc/eth going up as they've been over the last couple of days imo

If it was for banks it wouldn't be available for the normal user. It wouldn't be on exchanges. Fact is it is another pump and dump. It will never replaced bitcoin or ethereum.

Ethereum is already in the 3rd place. The big bump and dump it's possibly over, it got almost 30% correction from 3,80$ to 2,80$ and not is stable on 3-3.10$. And if it will be in Coinbase soon, it will explode again! It's a great technology, with great developers, community and liquidity, that is why it has future. We are on 2018, technology comes and goes! Bitcoin as technology is useless (I said before, I say it again, it's politics now), so there is nothing to replace on that. Being only under the King and beating the likes of Litecoin, Bitcoin Cash and even Ethereum in a small time and be the "only" coin in history to threaten the King, XRP already proved what is capable for!

Originally Posted by Kuopiotis

Ethereum is already in the 3rd place. The big bump and dump it's possibly over, it got almost 30% correction from 3,80$ to 2,80$ and not is stable on 3-3.10$. And if it will be in Coinbase soon, it will explode again! It's a great technology, with great developers, community and liquidity, that is why it has future. We are on 2018, technology comes and goes! Bitcoin as technology is useless (I said before, I say it again, it's politics now), so there is nothing to replace on that. Being only under the King and beating the likes of Litecoin, Bitcoin Cash and even Ethereum in a small time and be the "only" coin in history to threaten the King, XRP already proved what is capable for!

Again XRP is garbage. There is nothing innovative about it, and more cons than pros. Another pump and dump shit coin.

Originally Posted by Employer

Nothing! They are just the current go-to, as I said banks will likely use their own in-house cryptos in the future. The thing is right now banks are using ripple, when a new bank wants to use a crypto they'll more than likely use what their competitor is using as ripple works out the kinks of working with banks.

Nah they are trying to make themselves the go-to by advertising it as it is. Nothing else.

Originally Posted by Dave84311

Again XRP is garbage. There is nothing innovative about it, and more cons than pros. Another pump and dump shit coin.

Nah they are trying to make themselves the go-to by advertising it as it is. Nothing else.

That's your opinion I guess! I can't really understand how when experts are praising that much and history till now proves otherwise, but whatever! Time will show...

Originally Posted by Dave84311

Investing...
It's all about buying low and selling high.
It's all about making money investing and getting out before you're a bag holder.
It's also about cashing out before bubble bursts.

Some coins such as BCH and XRP are garbo and aren't worth supporting. Don't take my word for it, do the research.

Oh yeah, there's tons of shitcoins out there like that Aeron shit or XP points (literally just bribing for binance votes). Every single one makes the same argument about 'decentralization' and some massive quantum improvement which will surely make them the best coin to invent in. It's just that some shitcoins are better at disguising their shittiness than others.

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