XRP WORTHLESS IN 2019?

[saltytsol]

Found this here https://www.blockdelta.io/5-altcoins-that-wont-exist-by-the-end-of-2019/ Any valid argument regarding this ?

Okay, will XRP be worthless by the end of 2019…? Probably not. While many will be angered by this, hear me out. XRP is basically the opposite of what the current crypto community believes. XRP is not decentralized, not by a longshot. Ripples been around for quite a while, yet banks refuse to use it. A number of these banks, mostly in eastern Asia, are using Ripple’s technology. Some see this as a green light to invest. Some, like myself, see the opposite. Ripple’s solution that enables cross-border transfers does not even rely on their currency. So, what’s the purpose of their currency? Ripple’s price volatility deters big money from using their store of value. I have NO DOUBT that the XRP network will be huge in the future of banking. But while their network may be a success, your Ripple… will be worthless.

[Guest]

In my humble opinion, I highly doubt XRP will be worthless. For several reasons:

1.) The infrastructure is currently being built to solve the nostro / vostro accounts. It takes time, but it is happening. 

2.) XRP is one of the digital assets that can, is and will save FIs hundreds of thousands if not millions in transaction fees. Again, it will take time, but this isn't BTC. Unlike BTC, which could die, XRP has a use case and solves a real world problem.

3.) There are other companies building on top of what's been created and new use cases for XRP are on the horizon. 

BTC could die. I hope it doesn't, but it is failing. Unfortunately, it won't be used as as P2P currency. Greed killed it. Human nature I guess. 

For now, we'll follow it, but it won't follow it to the grave. That I truly believe. 

[Kpuff]

This guy obviously doesn't read the news 😅

[Zerp_Legend]

It will never be worthless cause at 0.000000000000000001$ I will put up an infinite buy order

[LAH]

If ANY crypto has conditions to succeed it is XRP.  If XRP can't make it can't nobody make it.

[Guest]

1 hour ago, saltytsol said:

I have NO DOUBT that the XRP network will be huge in the future of banking. But while their network may be a success, your Ripple… will be worthless.

Just a statement, not an argument. blockdelta looks to be run by morons. 

Edited December 3, 2018 by Guest

[Professor Hantzen]

34 minutes ago, saltytsol said:

Okay, will XRP be worthless by the end of 2019…? Probably not. While many will be angered by this, hear me out.
[...]
I have NO DOUBT that the XRP network will be huge in the future of banking. But while their network may be a success, your Ripple… will be worthless.

So according to you XRP probably won't be worthless, and will also be worthless. Are you talking about same XRP we are?  Or is this some new Schrodinger's XRP?

Several institutions are using XRP right now to move real money, and are saving money doing so and talking about it.  None of them are banks yet, but that's because banks feel bound much more tightly by regulation and need to wait for clarity before jumping in. That said, its very likely banks at least now feel comfortable enough to *buy* XRP, and possibly in greater and greater quantities. If you look at the XRP Markets Quarterly Reports published by Ripple and combine the numbers logically with comments Brad and others have made it seems unlikely the purchasers are all non-banks given the amount of banks they've signed on as customers versus other entities.

In any case, even if they don't buy it and never use it - people will probably endlessly speculate that one of them one day might, and that in itself will keep the price up.  How can I be so sure?  Well, its what has essentially driven all of the price activity in XRP over the past 6 years since it began.  Pretty difficult to argue with I'd expect. 

[richxrp]

It will only be worthless, if all the businesses listed below using XRP stop using it:  

xrp info

[Guest]

@xWelfare, please share your insights. You're always supporting negative comments about XRP and laughing at any comments that support the ecosystem, it's accomplishments or it's potential. 

So why not say something that challenges our thoughts and assumptions? 

This is a public forum. Give it a try. Don't be shy. 

[Guest]

@Professor Hantzen The OP is quoting the article. I'm not certain @saltytsol shares these opinions.

I immediately picked up the contradiction too. Looks like blockdelta showed just how knowledgeable they are. 

Coincidentally, btc, "the store of value™" is under 4k again at the time of this posting. 

Edited December 3, 2018 by Guest

[Guest]

I find it quite amazing how the Noob will come in and right off the cuff blast a negative article in the forum.  With the plethora of information that has been accumulated here you would think one would research and get a feel for the lay of the land before spouting off.  I may be wrong but I smell the stench of a Troll at work here

[cryptoxrp]

@saltytsol you have won:

The grand FUDBINGO PRICE and you may collect it at

***** https://fudbingo.com/ *****

Edited December 3, 2018 by cryptoxrp

[cryptoxrp]

Moderators, you may relief the initiator of this poorly chosen thread by removing or closing it for further stupidity. Your kindness will be truly appreciated.

[Madslashingslasher]

So it won't be worthless but it will be worthless? You are entitled to your opinion and like assh*les, everybody has one.  Thanks for stopping by voluntarily and taking time out of your very busy schedule to rescue all of us without any benefit to you. 

[automatic]

2 hours ago, Zerp_Legend said:

It will never be worthless cause at 0.000000000000000001$ I will put up an infinite buy order

Exactly!  Back to a fraction of a cent?  I'll be buying millions.