170,000 Ripple for 2 cents or lesssteemCreated with Sketch.

in #ripple7 years ago


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I don't see how Ripple will compete with Ethereum, Tauchain (in development), and many many other projects. So I cannot understand why people buy XRP.

Because a slew of Japanese banks and the mufg are adopting it and ripple announced that they can match visa for tx per second.

Ethereum is a great concept, but as far as competing with Ripple, Ethereum very far behind in development and testing

I see your point. I can't even get Ethereum to sync up in time to take part in the MatchPool ICO.

new ICO every 4 days on ethereum, and I am the only person who sees that as a big red flag

Every ICO means more locked up Ethereum. I think this explains how the price of ETH could reach $1000. Also ETH is going to be moving to proof of stake and even more will be locked up.

ETH seems to be something worth holding at least until the release of Casper POS and also because there will be so many ICOs all around the world this would mean a lot of value flooding into Ethereum smart contracts to be locked up and then slowly paid out to contractors.

Even if you never intend to use ETH, I cannot see why the price wont go into insane bubbles and $100 which might be the peak of this bubble is truly nothing to what we might see under POS. In order for 1 ETH = $1000 the total market cap for Ethereum has to be $100 billion.

after POS and sharding is a reality, then I can be excited about Ethereum, not before

Aeternity blockchain collected $5.25M (110K ETH + 270 BTC) after the first day of ICO*
So that is +5.25 million in a smart contract overnight. So if this continues then millions upon millions will be locked in smart contracts which could push up the price of Ethereum easily above Bitcoin by the end of this year.

but the Ethereum blockchain has not been developed enough to support a high price, if they hit a development stumbling block, the price will crash and all those ICO ionvestors will be in tons of pain

Ripple is the new DASH bro' - pile in!!

bra inläg tack

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