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Here’s the best reason I can say I don’t look at reddit for this stuff...
When I started trying to research there 3 weeks ago, everyone said it was stupid to think XRP could get to $2 because of the market cap. Welp.. |
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Bitcoin: $14756
Ethereum: $1000 |
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Tronix went from .12 to .26 since yesterday. My buddy is thrilled he got in on Monday
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People should embrace Ripple for being the cryptocurrency battering ram that it is. It will knock down The cryptocurrency doors and blaze a trail of legitimacy for the entire space. The only thing that Ripple has to do to succeed is be faster and cheaper than the Swift system. I challenge anyone to read this article and tell me the answer to that question: http://treasurytoday.com/2017/07/rip...evolution-ttpv |
Now ask yourself this:
If I'm Amazon, and I'm considering accepting crypto-currencies, what am I looking for? 1. Something that is cheap to transfer both domestically, and globally. 2. Something that has near real-time transfer times. 3. Something that can scale to millions of simultaneous transactions and still maintain speed. Here's a graph that charts all three of these with the incumbents: https://image.prntscr.com/image/4oZQ...MoJ_53rXBw.png Don't take me wrong. I don't love Ripple. I'm completely unattached to any emotion about them. I'm just looking at the basic facts and asking myself which currencies make sense for what applications. For buying a home, I probably don't need a 3 second transfer time. I can probably be patient with an hour transfer time. But if I'm Amazon and I'm taking money for a trampoline that somebody bought on my website, I'm not going to want to wait an hour to validate that transfer. I'm going to look for the cheapest, most adopted coin for that, no? |
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Segwit wallets are already helping Bitcoin transaction fees. If you have a legacy wallet, that may be why your fees are so high. Also, use a wallet that allows you to customize your fee. You don't need to be sending bitcoin transactions at 999 sat/byte if you don't need them confirmed in minutes. I recently switched my more liquid bitcoin holdings to all Segwit wallets. Keep in mind though, Bitcoin is touted as being a very secure if stored correctly, RELATIVELY anonymous store of value. That is where it's value lies IMO. Without bitcoin, alot of these alt coins at exchanges would be screwed. Electrum, Samurai, Green Wallet all have SegWit wallet options. |
can ripple do the more complex (smart) contracts like ETH can.....?
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How do I buy ripple? I have some ETH I can use to buy it if necessary. I don’t know what exchange to use.
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Bithumb might be an idea, but I wouldn't buy it over there right now - they're listing it at $4.08, well above the rest of the market. |
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