Post
Topic
Board Altcoin Discussion
Re: With the current ripple bubble(?) I wonder what one can do with it
by
ParabellumLite
on 27/11/2014, 19:41:57 UTC
crypto coin tables gets a regular visit from me and today i noticed how ripple is doing totally exceptionally well. so well that i start wondering if there might actually be anything in terms of merchant adoption. is there a coinmap.org for ripple? is there a list of accepting merchants available somewhere? is there some hint on the number of users like the blockchain.info/wallet?

The only thing there is out now is simply people buying XRP and holding them. Merchant adoption is not here, nor is merchant adoption present in any significant way in Bitcoin. Investors took a look at the Ripple fundamentals and concluded that it indeed is undervalued.

As far as I can see the number of users (or wallets to be precise) out there is somewhere around 120.000, which is significantly more some time back, at which it was around 70.000/80.000 if I'm not mistaken. Divide it by some arbitrary number like 4, and you'll get somewhere close to the real number of users.