Ripple XRP Long Term Thoughts! (update)
In the short term, we might not see XRP surpass 0.45 - 0.50 cents.
XRP just became available as a storage coin on the Ledger Nano S. (definitely a positive note for the ripple network)
In the future, we will continue to see more banks and banking groups start to adopt and use the Ripple network for cross boarder payments. Every time a payment is sent, a small amount of ripple is lost in the process, reducing the total supply over time. This in affect acts as an inflationary control and will also reduce supply over time.
There are thousands of banks worldwide and trillions of foreign currency exchanged and transferred globally every single day. If the ripple network captures just 1% of the global payments market, we could easily see ripple XRP at 1 USD - 2 USD per coin.
What are you thoughts? Do you think that Ripple could be acquired by visa, mastercard, apple, swift or google?! Kindly share your feedback and upvote :)
To Ripple from CC via Bitcoin.
1st: Ripple Wallet: Gatehub
2nd: (changelly) Buy bitcoin with cc, trade for ripple.
3rd: Transfer to Gatehub wallet.
4th: Print paper wallet.
Avoid https://www.virwox.com/ IMO.
I'm not sure... Ripple has potential, but I reded somewhere that banks are interested in Ripple, but not for XRP. Correct me if I'm wrong, Ripple is protocol and XRP is coin or currency. I put some money into Ripple when it was around 0.31 USD, because there should be some update in June and that may increase the price. Ripple will keep third place when it comes to market share, but it's in bad position right now.
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