tell me why the xrp token should have value? As far as I know the banks they are onboarding will not use the public token.
Connor Martin
Thank you for asking :)
Xrapid has now been complete which dose require the xrp token to use and there are already several banks doing so
Xrapid offers further advantages over x current such as faster transaction time, cheaper transaction fees.
Yes I believe x current does currently have wider case use, but that is because it has been out longer. Xrapid is offers even greater benefits to the already MONUMENTAL advantages x current offered
Nathaniel Morales
Sorry miss read your question while trying to multi task
Xrapid and the banks using xrapid use xrp from the same public supply as you and me. Not from xrp held by ripple. Hope that helps :)
Lincoln Hughes
It's still a buy and a sell separated by only a few seconds maximum, so it won't affect the market at all since arbitrage bots will average the local differences out in the next seconds.
>plz buy my 2 dollar bags of a worthless chuckeecheese token
Luke Richardson
>As far as I know the banks they are onboarding will not use the public token. that is plain wrong, and clear missunderstanding about how xcurrent and xrp works. xcurrent doesnt need any token at all so there isnt even a private token but there is a private network between banks,
Carson Lewis
>plz keep parroting a dumb youtuber
Anywho, yes, OP, that's accurate.
Joshua Smith
XRP is just a centralized crypto. >not shilling $NANO I don't understand you biz.
Daniel Phillips
True, that itself won't lead to the biggest pump but what will is the adoption and the increased volume of use.
Re-admittance is many trillions of dollars moving around that xrp has just began to scratch the surface of as the solution that has proven to solve all current problems with the system
Joshua Peterson
>XRP is just a centralized crypto that's the sole reason it's fast. It has dedicated servers.
Fuck satoshi's vision. Software has to be efficient and fast, not follow some arbitrary metrics an anonymous dev team came up
Elijah Miller
most people in xrp discussions dont even know about what xrp and ripple products are, or how do they work, it is very clear as people oftenly mix up the definitions and purpose of each one, resulting in something that obviously makes no fucking sense and this is the result of that, people come to xrp threads arguing against something that doesnt exist and makes no sense. which results in this , us trying to explain why how they think it works its wrong
Christian Thompson
No one is talking about x current you god damn retard
We are talking about xrapid the new and even more efficient system by ripple that is currently being used by banks and uses public xrp tokens
Gavin Walker
>As far as I know the banks they are onboarding will not use the public token. think. what is that thing the banks are joining that doesnt require tokens? it is fast because it doesnt require to waste time and energy solving useless mathematical problems that increase transaction delays aka mining >nano >the fucking nano if you dont realize why xrp is top 3 cmc and nano is not then you shouldnt even bring it up
Josiah Rivera
Thank you for pointing that out. Xrp and the company ripple are two different things indeed.
The value I see in making arguments referencing the ripple when talking about the xrp token is that ripple has committed to using xrp as the basis of their, let's be honest, revolutionary financial solutions. If ripple were to change it's stance on xrp I would re-evaluate my holdings but that doesn't look to be the case any time soon as theyou are currently rolling out even more uses for xrp outside of their original re-admittance projects
Anthony Hernandez
>nano you mean that piece of crap that requires proof of work too so you can't spam the network with "muh free transactions" and special bootstrap nodes to act as judged for disputes.
Yeah that ought to be satoshi's true vision if nothing else.
>Re-admittance just fucking stop. you are truly making xrp look bad with your idiocy.
Xavier Lewis
>Jealous
The problem is that XRP would have to increase by 2.84 every single day from today until the end of the year to get there. Obviously that will not be happening
Brody Walker
fucked up the reply order >XRP is just a centralized crypto that's the sole reason it's fast. it is fast because it uses the consensus algorithm which is superior to mining further decentralization of the network does not harm its speed yeah thats the reason it is not even near top 3 in market cap
Aiden Powell
A percentage increase per day would be the more accurate calculation, for example at btc's price of 7.6k nobody even notices a 2.84$ price change, but your point will still hold, it seems way too unrealistic
Easton Ramirez
Good point
Benjamin Hall
Slowly at first. Then all at once.
James Diaz
How? That's literally the multi trillion dollar market xrp is beginin to be used in when people use xrapid