Quote from: Similificator on October 24, 2017, 08:57:26 AM

Quote from: CoinKingLSJB on October 24, 2017, 05:47:00 AM

What does everything think will happen with ripple in the near future and distant future

Any good news or bad news on the project

Please give your opinions

To be honest, i really do not like ripple that much. Just happened to get some because of an irrational decision. But still, I do not want to sell what I possess just yet. Im in this coin for the profit. It made a great decision crawling with banks. The thing is, if the banks that use thus coin sees a better one, and thinks of abandoning ripple in exchange for a better choice, that would be a bad thing. And that ain't impossible to happen. Because clearly, greed always beats loyalty. If not always, then most of the time. That's just how this world works. So im staying in the middle. Having a few ripple for profit.

Very right, but right now I think there is no project even close to being positioned as favourable as Ripple is. As has been mentioned, Ripple already has real partnerships going on with some of the biggest financial institutions as they are using their distributed ledger. Building on that, Ripple has hugely influential contacts within this industry and made pretty good progress in getting the word about XRP - as well as its huge cost-saving potential - spread within the community.

That said, there is still a lot of uncertainty whether banks will or will not adopt digital currencies (e.g. for replacement of Nostro Accounts or for International cross-currency payment settlement), let alone whether this will be XRP. This is mainly due to great regulatory challenges involved in international bank-payments (although Ripple from the beginning was trying to work together with regulators to ensure compliance).

In sum, XRP not only has a (trillion-dollar market cap) real life use-case (in contrast to a lot of other cryptos), but also has made good progress and is diligently working to put it in place. When this succeeds you will be very glad you invested. However, until then it is still a looooooong way to go and many things could go wrong; so, in my opinion, this is truly a long-term investment (as opposed to what some commenters were stating here).

I invested a little. Even when banking would not work out there are some other potential use cases.