Here is latest trend comparison between BTC and XRP you may inerested (by Google trend) to knnow. You can see how XRP trend has slowly surpassed BTC globally in last 7 day.
I owned some Ripple, but after reading the whitepaper I'm not convinced there will ever be a demand for XRP. There is no requirement for banks to use the token, as they can settle their own while still using Ripple. I sold a couple days ago after a 100% return. I believe a correction is coming this year, we shall see.
@blocksonblocks thanks for your comment. But according to my opinion it's hodl. I bought @ $0.25 and I believe it will reach at least $4.5 in coming weeks. There is a news that Coinbase and Coionsquare soon going to add XRP. This may pump further.
my understanding ripple is to be used when the banks don't trust each other or as a currency of last resort. I think they can also see how fast and cheap it is to transfer so can make for trust less instant payments as many banks don't trust each other hence the 5day wait.
I owned some Ripple, but after reading the whitepaper I'm not convinced there will ever be a demand for XRP. There is no requirement for banks to use the token, as they can settle their own while still using Ripple. I sold a couple days ago after a 100% return. I believe a correction is coming this year, we shall see.
@blocksonblocks thanks for your comment. But according to my opinion it's hodl. I bought @ $0.25 and I believe it will reach at least $4.5 in coming weeks. There is a news that Coinbase and Coionsquare soon going to add XRP. This may pump further.
We shall see, I hope you see a nice return :)
my understanding ripple is to be used when the banks don't trust each other or as a currency of last resort. I think they can also see how fast and cheap it is to transfer so can make for trust less instant payments as many banks don't trust each other hence the 5day wait.