Quote from: MingLee on May 18, 2017, 12:16:14 AM

Quote from: 8xbt.com on May 17, 2017, 10:32:32 PM

I am personally still a newbie concerning the crypto coins knowledge, especially altcoin, just have known a bit about ripple. I felt that as ripple value increase, then bitcoin will be doomed as ripple can carry the value in the real world, then we no longer need bitcoin.

Anyway just my opinion.

Ripple is LITERALLY "fiat the pseudo-crypto". It's not even a good currency and the reason that the token is worth so much is solely because of speculation now. There is next to no demand backing it in the way that it exists right now, and it doesn't matter what happens with XRP because it does not mean anything as a crypto. Anyone who believes that XRP is a "real" crypto is deluded.

I think a lot of people are just looking to anything besides bitcoin right now with the way the unconfirmed transactions are looking and no consensus on a fix. Ripple is the only one with a clear reason for people to use it besides just speculating