From Quora: Where is Ripple headed now that Coinbase has stated it is not looking at adding Ripple to its platform?

[biggn]

I thought the last paragraph was very interesting:

 

"As someone here already said, Coinbase put out a statement that 1) no decisions about a number of unlisted coins potentially being added had been reached yet, and that 2) their official communiques alone count in this matter.

People will read what they want into what is written and happily up the drama level and spread FUD (fear, uncertainty, doubt) as if it were their full-time job and they were getting paid for it. Some undoubtedly are.

As to your specific question, I suspect Ripple is headed in the same exact direction it was headed before, that is to say, forward and up. ‘Forward’ in adding partnerships, development and promoting adoption of their tech, working to anticipate and stay compliant with foreseeable regulation, and creating value as they solve a trillion dollar real-world problem (cross-border payments and settlement) for a growing number of current and potential customers. And ‘up’ in that asset price logically follows value. No self-respecting company, especially one with such a clear strategic focus and strong use case(s) as Ripple, is going to alter their course in any way other than for reasons that make business sense to them. No one here is privy to those, and much of what is tweeted or posted by self-appointed pundits is baseless.

At this point, given the widespread interest in purchasing XRP by new money as well as by money already in crypto, the contortions that many have to go through by purchasing other ‘gateway’ assets that hold no interest to them, and the fees being left on the table if direct XRP purchase is not facilitated pretty soon by those that can do so, what any exchange not yet listing XRP and providing proper currency pairings may well be asking themselves is how much longer they can afford to continue down this path. And that is a direction that I suspect may undergo change.

Taking a somewhat less US-centric view, and to put things in perspective, large Japanese exchange DMM Group will list XRP starting on the 10th of January. They reportedly have on the order of 27M subscribers, or about twice Coinbase’s 13M."

[zenkert]

Really, who Cares . . . I don´t. Coinbase is just a little Pond at the beach looking at the ocean of Ripple.

[Rchopra]

3 minutes ago, biggn said:

I thought the last paragraph was very interesting:

 

"As someone here already said, Coinbase put out a statement that 1) no decisions about a number of unlisted coins potentially being added had been reached yet, and that 2) their official communiques alone count in this matter.

People will read what they want into what is written and happily up the drama level and spread FUD (fear, uncertainty, doubt) as if it were their full-time job and they were getting paid for it. Some undoubtedly are.

As to your specific question, I suspect Ripple is headed in the same exact direction it was headed before, that is to say, forward and up. ‘Forward’ in adding partnerships, development and promoting adoption of their tech, working to anticipate and stay compliant with foreseeable regulation, and creating value as they solve a trillion dollar real-world problem (cross-border payments and settlement) for a growing number of current and potential customers. And ‘up’ in that asset price logically follows value. No self-respecting company, especially one with such a clear strategic focus and strong use case(s) as Ripple, is going to alter their course in any way other than for reasons that make business sense to them. No one here is privy to those, and much of what is tweeted or posted by self-appointed pundits is baseless.

At this point, given the widespread interest in purchasing XRP by new money as well as by money already in crypto, the contortions that many have to go through by purchasing other ‘gateway’ assets that hold no interest to them, and the fees being left on the table if direct XRP purchase is not facilitated pretty soon by those that can do so, what any exchange not yet listing XRP and providing proper currency pairings may well be asking themselves is how much longer they can afford to continue down this path. And that is a direction that I suspect may undergo change.

Taking a somewhat less US-centric view, and to put things in perspective, large Japanese exchange DMM Group will list XRP starting on the 10th of January. They reportedly have on the order of 27M subscribers, or about twice Coinbase’s 13M."

Awesome find mate.

[Morganae23]

Nice!

[John_Buh]

2 minutes ago, biggn said:

Taking a somewhat less US-centric view, and to put things in perspective, large Japanese exchange DMM Group will list XRP starting on the 10th of January. They reportedly have on the order of 27M subscribers, or about twice Coinbase’s 13M."

Huge.  The US Population is 320 Million.  Japan is 127 million. One of every 4.7 Japanese?

This could be a giant bump.

[biggn]

1 minute ago, zenkert said:

Really, who Cares . . . I don´t. Coinbase is just a little Pond at the beach looking at the ocean of Ripple.

I think the point the guy was trying to make was, Coinbase never said NO XRP, just that they haven't made any decisions yet and people can read into those statements as they feel fit...

But the Japanese market opening up in a few days is even more promising.

[Rchopra]

Just now, zenkert said:

Really, who Cares . . . I don´t. Coinbase is just a little Pond at the beach looking at the ocean of Ripple.

Exactly, unless coinbase is feeling proud snd shortsighted bcz of their sucess, they must think who needs who here. Theit CEO must ask himself if the current shortterm rush of customers is blinding them enough  to not to see the bigger picture...? 

[protechtor]

XRP price started correcting well before the Coinbase announcement. CB has their own PR battle to wage, and a larger potential issues of leaked insider information in advance of listings. Their release is CYA, nothing more. The possibility of them listing XRP is the same as after the release... it is, IMO, only a matter of time.

[thetamind]

I hope coinbase never adds xrp. Its not needed or required. Xrp will be just fine without it.

Edited January 7, 2018 by thetamind

[XRP-JAG]

Speaking from UK...

Coinbase is still the only exchange I have been able to trade on since requesting validation on back on 29th Dec.

XRP being included on Coinbase would be massive news. Loads of joe public about to buy XRP, and they'll be paying any price they see.

 

 

[Alluvial]

Who answered this question on Quora?

[Morganae23]

Yeah, I agree.  People, generally, don't want to go through the trouble of buying on say Gemini then transferring to Bitstamp (to get funds in).  Many see fees and the pain of doing it.  In fact, taking the price difference and fees together, it's cheaper to purchase ETH on Coinbase then shoot to Bitstamp than to purchase on Bitstamp via credit.  It really would open up a lot of the gates.  No, not necessary for our purposes or those who want to take the 5 minutes to figure it out, but unfortunately people don't want to put the work in.  

Edited January 7, 2018 by Morganae23

[retryW]

Coinbase NEVER said they aren't adding Ripple or don't want to add it.

They stated they have not decided to add any other currencies at this point. Meaning they are LEGALLY saying they have no confirmation of a currency being added. This is purely to save their *** against people screaming insider trading again after the Bitcoin Cash fiasco.

XRP WILL be the next currency added to coinbase. You'll see.

[tulo]

I tried coinbase from a friend. Why people are using it? Super high fees and no trading. Really is that the best product we find? Poloniex is much better. I think it's time to join the exchange business because they are outrageous.

 

[PhishyKris]

XRP is now becoming the gateway crypto. I’ve been on boarding, so to speak, people for over two years now and they all used to ask about BTC.

They ask about XRP increasingly and how to buy it. Hell my father even asked, he’s 74, nuff said for me.