Where is Ripple going?
With new partnerships announced almost weekly, why is XRP still stagnant? Obviously Ripple and XRP are not the same thing, but many of these new partnership announcements include XRP in the deals. Despite all these, XRP hovers within about 15 cents of $1.
https://cointelegraph.com/news/south-korean-bank-plans-commercial-ripple-remittances-by-2019
Many people don't like Ripple because it's almost anti-crypto. They are becoming intertwined with real financial institutes. Or so I've been told. on Steemit.
In my mind, the more blockchain companies become part of real businesses the more their market cap becomes a reality. Basically, it's great for Ripple (and Stellar).
Agreed. I just think it's odd that Ripple has big news just about every week, but XRP's value indicates that no one cares. I know people see Ripple as a traitor to crypto (which I don't necessarily agree with), but if you wanna make money, it makes sense to invest in it.
It's the 40bn circulating supply of Ripple that makes it an impossible coin to manipulate by whales.
I always look to Cardano. The team and advisors are super smart (I mean actual geniuses). They have based the entire concept around scientific measurements and methodology. They've pumped out billions of coins for a reason. They control the value of a coin for a reason.
In my head I believe, "cheap + lots of coins = accessibility = cheap access = developer adoption = developer stake = developer driven". If you get businesses using your coin and platform, you future proof yourself against the cryptocurrency market's Wild West valuations.
IMO at least.
Seems like pretty reasonable logic to me.