Quote from: Joe-Niner on October 13, 2017, 04:53:47 PM

Quote from: styca on October 13, 2017, 04:51:18 PM

I understand why people have an aversion to Ripple, but I have great faith both in the project itself and the long-term value of XRP. The potential market is absolutely vast, and dwarfs the entire current crypto space.

What do you see the long term value of Ripple being at its top?

I'm not an expert, I've just done enough research to see the value and the potential of what Ripple are doing, and to see the very professional way they're going about it.
I couldn't put a figure on potential price of the token, but I genuinely believe it could transform international finance. I expect that in the longer-term both XRP and ETH will overtake BTC in cap, and that XRP will most likely be number one.
Not that I expect bitcoin to fall - I don't - I expect it to rise considerably... just not as fast or as much as XRP.

Quote from: shyliar on October 13, 2017, 05:14:19 PM

"using its blockchain technology to move large sums of money across borders." I've noticed in various articles when they present it in those terms, they mean not using XRP just technology that ripple developed.

Banks just aren't interested in public chains, This has been demonstrated in both XRPs case and Ethereum. Doesn't stop people using this type of information to pump either ETH or XRP. The public chains basically represent free money to ripple and the Ethereum Foundation.

Yes, you save money by using the Ripple ledger, and you can use any old token to do so. But you don't eliminate counter-party risk, you can only do that by using the token that is native to the ledger, i.e. XRP. It's the 'razor and blades' business model.