Post
Topic
Board Bitcoin Discussion
Re: Is ripple going to overtake bitcoin ?
by
Mind Control
on 04/01/2018, 18:42:56 UTC
Those days ripple is doing really well, it has more than half of bitcoin market cap and has 19% market dominance.
I hate ripple as a cryptocurrency as it's centralized, now seems that ripple is the queen, not ethereum.

That really is making me upset but I want to hear your thoughts.

When ETH was on the #2 spot some are asking whether ETH will overtake Bitcoin. Now that XRP took the #2 spot, this topic shows up. The only basis for the ranking of every cryptocurrency is their market cap. However, the market cap is just a mere multiplication of the current price of that specific cryptocurrency and its supply. The market cap is just a number and will not justify anything. XRP is #2 and ETH is #3, if we make a poll what would you prefer? Perhaps many will choose ETH over XRP. The ranking does not define how good a coin or token is so we should not make any big deal out of this.