Why I believe in ripple

in #cryptocurrency7 years ago

My story with Ripple started years ago in 2013 when I even got initial 1000 coins from a company I was newbie in crypto world.

Over a time I had over 85 000 Ripple, why? Because I believe that Ripple can solve important issue with SWIFT and will be simpler and faster alternative to the current system. That's what it should do. And how it is going? how are developers going forward?

Let see.....

As of today 3.9.2017 Ripple is 4th biggest crypto currency with market cap over 7,466 billion € and current price is 0.19 € for coin.

Even when I see future of ripple as very bright it's very hard for me to imagine price of ripple over 2 € , because market cap at that point should reach almost 80 billion € which is more that bitcoin at it current price. With some big banks already on board as UniCredit , UBS or Santander we did not reached even 10 billion and current use of Ripple as alternative to fiat currencies is questionable because its not interned to do so. Also not as many exchanges accept Ripple so it could after few false news expected in last months price of Ripple pluged from almost 0.40 to current 0.19 € .

But I still belive in this crypto and it's potential, what about you?

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Solid post. I was about to start a similair discussion. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? This is quite an interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/Ripple#analysis For the Ripple Indepth analysis.

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