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XRP WORTHLESS IN 2019?


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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. 

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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 by Guest
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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. 

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@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. 

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@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. 

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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

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