theres some idiot trying to keep the price down on binance
XRP
I meant i picked req over ripple
You went with a meme over a blue chip. No, its not too late to buy in. Whatever price it hits will double in Q1 2018
>"The transaction cost is not paid to any party: the XRP is irrevocably destroyed. Since no new XRP can ever be created, this makes XRP more scarce and benefits all holders of XRP by making XRP more valuable."
Doesn't this mean the volume of XRP is constantly decreasing? I need a rundown
Coins are being burned constantly, so supply is perpetually decreasing.
big fucking news for ripple
Ripple announced partnerships with major Japanese credit card companies (JCB, Credit Saison, Sumitomo Mitsui)
>it's going to be bigger than top 20 coins combined
You're assuming the rest of the market wouldn't grow right along with it, jackass. 1 year ago the entire crypto market cap was what... $16 billion?
Ripple is now worth ~$50 billion, exceeding that 3 times over. By your logic that should be impossible.
Even in a hundred years at full load with every bank in the world using it less than 2% of XRP would be burned in TX costs
BTC: 3 hours to clear
>XRP: 2 seconds
BTC: $40 to clear
>XRP: .001
God I hope XRP overtakes BTC
yup, on contrast, proof of work (used in most of cryptos) requires inflation or outrageous fees to incentivize the miners. Ripple doesn't inflate, the supply is fixed.