I honestly think that the cryptocurrency is not going to be worth very much in the future. And not because Ripple is going to be unsuccessfully… I believe it will. It’s because XRP has very little value when their competitors can offer the same exact services without the need for a native asset.

Ripple’s core competition are the new breed of ‘permissioned’ blockchains that have been developed by Hyperledger, JP Morgan and R3 Corda. These blockchains do the same things as Ripple, offering to trade financial assets on the blockchain without high costs.

But what Ripple’s competitors realized was that they could offer transactions without any fees by utilizing identity management in their blockchain service. This makes sense, as even Ripple designed the concept of ‘Trust Lines’ so that banks would only work with organizations they had previous relationships with. The permissioned blockchains just took this a step further and focused only on these trusted relationships. Without the native asset, of course.

The problem with XRP is that it’s not enabling any new features, but adding an additional cost that the competition does not have.

I don’t believe that this will harm Ripple Labs in the short term. But if the cost of XRP keeps rising and banks have to pay more to use Ripple, Ripple Labs has the ability to give XRP away for free or flooding the market with XRP to bring the price down. After all, they and have the ability to use it as they please.

The reason they would devalue their own currency is because Ripple is competing to win the financial banking industry, not creating the highest market cap currency. Cheap XRP serves their organization much more than expensive XRP.

I really do believe Brad Garlington and Ripple Labs are doing good work, and there’s nothing nefarious about their use of XRP. In a way, it was only natural to think that other blockchain competitors would follow suit and create their own currency, making XRP’s cryptoeconomics common. The problem is that the market changed to put them in an awkward situation… one that I think Brad would rather not have.

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Ripple, is now emerging on the scene with massive gains and causing excitement among investors. This makes the Ripple price prediction 2018 and investing in Ripple some of the hottest topics in the investment world.

When it comes to the Ripple XRP price, the numbers are all relatively positive so far, which is why investors are so interested in the cryptocurrency.

First, there are the huge gains that the coin experienced. The Ripple price jumped nearly 36,000% in 2017.

Diving deeper into the numbers, Ripple is currently listed on more than 50 exchanges. The San Francisco-based startup also claims that there was $95.4 billion worth of XRP transactions in the fourth quarter of 2017.

But beyond those promising numbers, the Ripple coin is unique in quite a few other ways.

First, the coin’s parent company owns most of the Ripple coins, and there is no way to mine the coin, unlike in BTC and ETH.

Second, the company is very focused on international payments, rather than more nebulous claims by Bitcoin, like attempting to be the currency of the future. is instead focusing on specific use-cases, and that is the type of specificity that investors like to see. After all, focus instills confidence among market-watchers, so that’s another boon to the Ripple price prediction 2018.

Assuming you’re positive on the cryptocurrency outlook and all the baggage that it entails, including hacking scandals and bubble warnings, Ripple might be one of the better investment opportunities around. Besides, while the cryptocurrency market certainly has its issues, there are very few places that an investor can find such potentially high returns on investment that we’ve witnessed in cryptocurrency.

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(XRP) is been the most discussed and very hot topic nowadays since Many top organizations; institutions are partnering with Ripple for various reasons.

Just Now, it is Who shows their support for Ripple suggesting it as the “one of the significant innovations which can grow the efficiency of the payment system, with high speed and better service or cost savings.”

In a Research tagged Annex To The Vision On Innovations In The Payment System, the forum has revealed its opinion about Ripple.

The:

“The Ripple network protocol is an example of an innovation that could contribute to that change by enabling banks to use this infrastructure to facilitate real-time payments.”

The Netherlands Central Bank named De Nederlandsche Bank (DNB), mentioned about its Ripple blockchain technology which process faster and solve many current problems in industry.

The bank compared Ripple with Bitcoin sharing their opion saying “Ripple is faster than Bitcoin and requires less computer capacity”

They announced:

“Banks are showing an expanding interest in the Ripple protocol. Alliance of the payment protocol will be allowing the banks for offering their customers the capability of transferring any amount of money in any currency to other institutions that use the protocol, without any third person. It would lead to cost savings for banks. As of now, one German and two American banks are using the Ripple network, while several other banks are working on it. The interest from the banking sector in accepting the Ripple network means its use could grow rapidly as soon as possible. It is therefore essential to monitor this development carefully and to be included in any levels that banks might need.”

Another news which is trending for the Ripple is about its donation to public schools.

Ripple has donated $29 million of its own digital currency XRP to support U.S. public schools, as announced on Wednesday, 28 march 2018.

$29 Million donation is the largest contribution of virtual currency ever to a single charity. “Ripple employees benefited from quality educations and want to pay it forward,” says Monica Long, the company’s SVP of Marketing

Ripple is keep on adding new clients on weekly basis. Ripple is not just adding new clients but their clients are banks all over the world. As it is progressing, many financial institutions started using the Ripple protocol in order to transfer money from one part of the globe to another.

Current Ripple partnership includse number of financial institution like Western Union , Moneygram, IDT and Mercury FX, LianLian International, Monetary Authority of Singapore, Axis Bank and many more… All Ripple partner list

What Ripple holds investment wise?

If you want go for the short term, you should always look for to buy low. It’s also worth paying attention to upcoming hype. Ripple’s becoming a brand so getting ahead of the news can pay off.

Long run wise you’ll need to pay close attention to the features and current applications of Ripple, and should know answers of some big questions about the future of the global economy and know all upcoming possible partnerships.

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