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RE: RIPPLE (XRP): Don't Confuse the Trees for the Forest!! Target $4.11!!!
Ripple is already crashing down. It will go to 1 USD, before it goes to 4 USD. The big difference, that there's only 16 million bitcoins, and 100 billions of ripple coins! And also don't forget market cap – if ripple is $4, that means ripple market cap is way higher than bitcoin! and that's probably not going to happen. If bitcoin hit the ceiling at 20000; ceiling for ripple is 2 USD.
Since when does any cryptocurrency's price have to correlate to anything tangible? I always ROFLMAF when some Millennial refers to Bitcoin as "digital gold" or "a store of value".
Humans need mental planks they can cling to while floating through a relative universe, trying to apply causal thinking every minute of the way. We're all condemned to be cosmic day-traders ;)
welcome to the new world, my friend. Soon enough, these "new millennial" will be the ones running the world and ROFLMAF at the past primitive forms of store of value, such as a piece of rock. ROFLMAF!
Brother, ripple went from 50 billion in market cap to 90 billion. Once Coinbase puts Ripple on their platform on Jan 8th, I suspect people will sell a weakening Bitcoin for the Crypto currency that's been showing nothing but promise. Bitcoin has lost 25 billion in market cap since Noon, 29Dec2017.
Ripple is not a cryptocurrency. Please do the research. XRP is not used by banks they use a completely different net called RippleNet.
Ripple Surges 50% To Become Second-Largest Cryptocurrency
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/cbovaird/2017/12/29/ripple-surges-50-to-become-second-largest-crypto/&refURL=https://www.google.de/&referrer=https://www.google.de/
Maybe you mean that Ripple is not a currency in the context that I said, because you're right with regads to RippleNet. Thanks for that correction.
Is the Coinbase listing date of January 8th confirmed? A friend texted me that yesterday, and all my research turned up was a possibly faked photo of a monitor.
A few Youtubers have mentioned it. So upon digging deeper I found this: https://cryptosumer.com/2017/12/26/another-coinbase-gdax-leak-more-coins-added-january-8-or-sooner/
Not sure how reputable the site is, but it's my source. I very well could be correct on the faked photo. It's definitely hype.
A few Reasons Ripple ISN't Bitcoin. Open to your counter arguments,
Ripple Network Effect - Small & Weak , No one has Ripple wallets.
Decentralisation - None. Large ownership of coins are with the founders.
Censorship Resistance- Low to None . Government or Banks (as Proxy for Government are able to censor, stop, amend supply or do anything they wish to Ripple. It cannot be an independent store of value.
Replication: How is ripple not simply replicated/ duplicated by the banks or government agency working with the banks?
More to come on this, just curious on your responses to points 1-4
A few Reasons Ripple ISN't Bitcoin. Open to your counter arguments,
Ripple Network Effect - Small & Weak , No one has Ripple wallets.
Decentralisation - None. Large ownership of coins are with the founders.
Censorship Resistance- Low to None . Government or Banks (as Proxy for Government are able to censor, stop, amend supply or do anything they wish to Ripple. It cannot be an independent store of value.
Replication: How is ripple not simply replicated/ duplicated by the banks or government agency working with the banks?