1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

rosie93

rosie93

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track 1 said:
what does ripple overthrow btc mean? it will be worth more than bitcoin?
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It means that will have a greater market cap than BTC. Bitcoin transactions take forever while ripple made the process of transactions way faster.
Ripple replaced ethereum as the 2nd largest crypto in terms of market cap Cryptocurrency Market Capitalizations | CoinMarketCap
To put this into perspective it is important to note that bitcoin and ethereum have been the top two cryptos in terms of market cap for over two years.
 
rosie93

rosie93

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ORDER_66 said:
I just woke up Ripple is still going the distance....:mjcry:




You can do it little fam...No pain...no pain...:banderas:
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To everyone wondering why ripple is skyrocketing all of a sudden

Ripple was a rare exception to the cryptocurrency bloodbath Thursday.

While the price of digital assets such as Bitcoin, Ethereum, and Litecoin all slumped Thursday on news that South Korea would begin requiring real-name cryptocurrency transactions and would consider banning some exchanges, Ripple continued to all-time highs.

Bitcoin prices fell roughly 8% to $14,200, Ethereum shed 4% to $725, while Litecoin dropped 11% to $240. But in the same period Ripple, which currently holds a market value of about $55.5 billion when accounting for all coins in circulation, has remained steady. At a challenging time for cryptocurrencies it eked out a gain of over 1% to $1.44 per piece—a rise of about 20% during the week.

Ripple, which was designed for banks and global money transfers, has surged this year, rising roughly 23,900% to become the world’s third most valuable cryptocurrency, according to coinmarketcap, a digital currency data information service.
Ripple’s recent rise can likely be attributed to Japan, a nation that has been outwardly friendly toward cryptocurrencies. Earlier this month, Nikkei reported that Japan and South Korean banks were using Ripple to test international funds transfers in a bid to cut costs by 30%. The test involved 61 Japanese banks. And more recently SBI Holdings, a Tokyo-based financial services group, said that its subsidiary SBI Ripple Asia had established a partnership with some of the nation’s largest credit card providers (JCB, Credit Saison, and Mitsui Sumitomo Card) to look into distributed ledger technology, which underpins cryptocurrencies like Bitcoin.
Bitcoin Slumps After South Korea Explores Banning Exchanges. So Why Is Ripple Up?
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Everyone is basically selling their ethereum and bitcoins for ripple because of the South Korean governemt's crackdown on bitcoin.
 
ORDER_66

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rosie93 said:
To everyone wondering why ripple is skyrocketing all of a sudden


Everyone is basically selling their ethereum and bitcoins for ripple because of the South Korean governemt's crackdown on bitcoin.
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I heard about the foreign banks using ripple... :ehh: I'm hoping this makes the coin more popular keep the prices going up s we can all buy in and cash out...:birdman: nikkas in here doubting me about it. fukk that noise I'm jumping in.

EDIT: just transfered my money, looks like coinbase is having a delay on this shyt... fukk!!!:mindblown:
 
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Up till now I've been buying on coinbase then transferring to gdax, then to binance. Should I be buying somewhere else than coinbase for less fees?
 
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AllEyez said:
Appreciate you breh.

So when the current supply gets filled with more buyers and orders, that makes the price go up right? If so, would it not be far-fetched for ripple to go to $100? :jbhmm:
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Nah, they have too much supply to ever get to $100. Buy yeah, the more that gets bought the higher the potential price could be.
 
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