$10 Ripple(XRP) in 2018? Thoughts on the Regulation coin.

in #ripple7 years ago

Ripplelogo.png

https://ripple.com/

A lot of people involved in Cryptocurrency do not like when regulation enters the crypto space, understandably so the whole idea of Block chain and Bitcoin was a decentralized open network that wouldn't be manipulated by governments, banks, and large corporations. People had lost a lot of trust in these entities when shit hit the fan in 2008 and the economy of the world was truly in a terrible spot.

So I understand why a lot of people hate on Ripple so much. They see Ripple as the banksters coin, which it kind of is. They're main goal is a Extremely fast efficient and low cost payment method that can handle enormous amounts of transaction volume and they're achieving what they're setting out to do. XRP has sent billions of dollars direct from Bank to Bank using the XRP token and RippleNet in only a few seconds and costing less then one USD. This alone will save banks a lot of money since banks are in the business of money it seems like a no brainer for all banks to use this system. Ripple has numerous partnerships with large banks and companies around the world which you can see at the following link. https://ripple.com/solutions/

XRPvsOthers@2x.png

I know there're other cryptocurrencies focused on payment methods that can handle large volume of transactions at little or no fee as well such as Raiblocks(XRB) for instance, but Ripple's regulation is what will give it an edge in the big business world. Some people don't think Ripple offers anything but it's just not directed at them. Governments and Banks want and need regulation, Ripple will continue to get a larger market as time goes on and they grow they're partnerships.

I see the XRP token as a good investment because of its regulation. Coinsquare has said they will add Ripple to their platform making it available to purchase with fiat currency check it out here. http://ripplexrp.blog/canadian-based-crypto-exchange-coinsquare-adding-ripple/

A lot of people might think that a price prediction of $10 XRP in 2018 is way too bullish. I thought the same when Ripple was .20-.25 cents, I never thought it would hit $1 so quickly. How wrong I was it blew past $1 and went above $3 becoming the second largest Cryptocurrency for a short time. Growth that large needs a correction though and it came down to around the $1.30-$1.50 level where it has found good support. So if Ripple was .20 cents and hit $3 that's a 15X gain. In 2018 we should see Trillions of dollars enter the Crypto market if Ripple gets another 450 billion from those trillions added to its market cap that's another 10X putting Ripple around $13-15. I personally think that's high but honestly anything can happen in Crypto who would have thought BTC would hit $20,000. I know Bitcoin and Ripple are totally different Ripple has a much larger supply but Ripple also has something Bitcoin doesn't.... Regulation.

Love it or Hate it. It's here to stay.

If you want to see the article I got the $10 price point from check it out here.
https://www.profitconfidential.com/cryptocurrency/ripple/ripple-price-prediction-3-reasons-investors-upset-bloomberg-report/

If you want to pick up some Ripple(XRP) for your self you can do it at Binance and soon you'll be able to buy it with $$$ at Coinsquare I would suggest getting an account at coinsquare ASAP, because when they do add Ripple it might be a huge influx of accounts being opened they might shut down registrations like we have seen other exchanges do.

Anyway let me know your thoughts below, lets keep the conversation going.

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Nice article. I also believe ripple will continue doing well, but many dont like it because it is a centralized coin. I personally hold some ripple. Got it back around .25$

Anyways, I’m following you now. Follow back and read my article about SBD

Will do. Thanks for upvote and follow.

Your post has been resteemed👍

Great thanks!

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