ASIA WAS CRAZED WITH RIPPLE!!! "XRP" Booming In Asia. Why and why booming!!

in #crypto7 years ago (edited)

Ripple (XRP) is the currency created by the company "RIPPLE LABS" in 2012, by adopting blockchain technologies like, Bitcoin and other crypto currencies in general.
However, Ripple (XRP) was created for somewhat different purposes from Bitcoin. Besides being used as a store of wealth. Ripple also has other purposes as a complement to other Crypto currency users.

The XRP currency value created by the "Ripple Labs" reached the highest level on Thursday (28/12/2017) local time.XRP is the currency that focuses on bank transfer.
Insider market data shows XRP price reached 1.30 US dollars per coin or equivalent to Rp 17,550.Pada early December 2017, XRP price reached 0.25 dollars or only Rp 3.375 per coin.And has a 71% increase.But in the last week the currency (XRP) soared to 211% which surpassed Ethereum which rose 54% and Bitcoin which only rose 4.19%

XRP has a focus on using blockchain technology to accelerate transfers of cross-border funds and bank settlement.
Currency (XRP) is increasingly popular. The Ripple market capitalization is listed as the third highest under Bitcoin and Ethereum.
By looking at this growth rate, it is not impossible Ripple crypto currency to be one of the heavy rivals Bitcoin.Apalagi, the function offered by Ripple wider than Bitcoin.

The main purpose of Ripple (XRP).

The main purpose of Ripple's (XRP) creators is as a global internet-based payment protocol tool, such as HTTP and TCP / IP used in website and data settings. However, Ripple is specially designed to send and receive Cross-Chain Universal payments. That is, Ripple can act as an exchanger (Rupiah, dollar, pound sterling etc.), Crytocurrencies (BTC, ETH, ELT and others), to commodities (Gold and Silver). That is Ripple (XRP) will be an easy matter of exchange of one currency with others.

Benefit of Ripple users (XRP).

Here are some of the advantages of using Ripple (XRP) transactions based on Internet protocol:

Payment is cheaper. Because Ripple (XRP) is also a crypto money that can not be regulated by any institution (organization) such as, the Government and even its own creator.

Payment is faster. Ripple transactions (XRP) are automatic, delays that occur only a matter of seconds.

Easy Payout.Ripple (XRP) is a crypto currency and an Internet-based service, so unlike Conventional banks that can only reach customers from offices and ATMs, Ripple (XRP) can reach all users with Internet access.

Interconnected finance. Cross-Chain Universal's money-changing protocol enables easy and fast business transactions.

How to join Ripple (XRP).

You can create Ripple (XRP) "wallet"/"dompet"first, for example in gatehub or Rippex, then you can get Ripple (XRP) by buying it through Bitcoin.co.id (one of the world's trusted crypto suppliers).

Will Ethereum and Ripple die if Bitcoin adds Cross-Chain feature ..?

Ripple's glimpse is very similar to "Ethereum" from the goal both want to provide Cross-Chain facilities between crypto currency, physical currency, and commodities (Gold, Silver). The possibility is very likely to happen because next week Hadfork (Update big scale) Bitcoin aka implemented.

According to the information I get, if Hardfork is a SegWit (Segregated Witness) implementation then Sidechain can be applied to Bitcoin.

Sidechain is a function that allows inter-Chain transactions on Bitcoin is according to rumors that circulated will be "Altcoins Killer" or alternative coin killer than Bitcoin.

So you will invest your money where?

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it crypto xrp is very high risk

yes because caused by the maximum increase last week.

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