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RE: RIPPLE (XRP): Don't Confuse the Trees for the Forest!! Target $4.11!!!
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