I believe Ripple will change the world. Ripple is doing what everyone else is doing wrong, (coinbase, bitstamp ect).

They have the potential of being so much more and Ripple is capitalizing on it. Ripple’s market cap is overstated in many places. For example, when calculating the market cap of ripple, you can’t multiply the market price by 100 billion because not all of ripple in the world are actually on the market. In fact, there are only about 7.4 billion ripple on the market, with Ripple Labs giving away an additional 1.25 million ripple every day.



If we take the current market price for ripple ($0.016) and multiply it by the actual supply (7.4 billion), we’d see ripple’s market cap is actually around $118 million. That would make it about a third the size of the $389 million litecoin market.



What’s interesting about this, though, is the fact that a sudden influx of cash into the ripple market could spike prices much higher than it might otherwise (if the full circulation of ripple were already in the wild). For example, CoinMarketCap.com estimates ripple’s market cap at $2 billion. If indeed ripple’s market cap hit $2 billion and there were only 7.4 billion ripple on the market, we’d be looking at ripple prices around $0.27.



If ripple’s market cap surged to $10 billion (a number bitcoin hit back in December), we’d be looking at ripple prices of $1.35. A market cap around $15 billion would push ripple up to $2. Not bad!



I've studied Ripple for a while and asked many questions. It is backed by some very big names and companies such as Google ventures. It is much more complex than Bitcoin, that is certain. But also holds the promise of doing much more. Ripple doesn't replace Bitcoin but rather, complements it. A lot simply don't understand Ripple and haven't thought long enough about it to see the implications.



One of Ripple's prime advantages over Bitcoin is that the development of the software and promotion of the related gateway services is run by a for-profit company instead of a non profit.. You might think this is a bad thing but actually, it aligns the financial interests with the interests of the users. There's a financial incentive to write clean software, document it extensively, and work on the features that users actually want. They are all getting a salary, and there is a level of management which guides the development. They have actual deadlines, and investors to be held accountable to.



Ripple Labs primary stated means of generating revenue is to "hold XRPs (ripples) and hope they go up in value." That means they have a financial interest in making XRPs useful, and keeping their value stable (to the extent that they are able to do so, which will be very limited once they are all given away and sold).



Because RL needs Ripple to be successful in order for them to make money, they can do things that Bitcoin can't realistically do. Like hire a PR firm to brand the Ripple product and promote it to the masses in a commercialized way. Compare this with Bitcoin, which only recently underwent a revision to the main website. The attitude of the Bitcoin developers and principals is that they don't want Bitcoin to grow too fast, and that it is still experimental beta software. Ripple Labs, on the other hand, is aggressively courting partners to make Ripple provide as much utility as possible in a short time. Ripple Labs has a lot of momentum, plenty of smart people, and a bulging war-chest of investment capital.



Ripple is already an impressive piece of working software. You can go into your Ripple wallet right now and trade Bitcoins for US dollars, Euros, and XRPs, in the distributed order book. You can deposit and withdraw money at both Bitstamp and WeExchange. The Ripple beta solves the problem we recently experienced with the denial of service and MtGox lag. When Ripple opens its doors to the public, the first thing it will do is provide profoundly deep liquidity for Bitcoin. It will make the process of depositing money at an exchange a distributed process, since deposited funds can be used to purchase bitcoins in ANY order book not just one. Withdrawal of funds will be similarly distributed. If an exchange has a $10,000 monthly withdrawal limit you could just open an account at another exchange and withdraw from there as well.



Going beyond Bitcoin, Ripple will easily integrate into traditional payment networks like debit cards or checking accounts, allowing vendors to unknowingly accept Ripple payments through their already existing systems. Since Ripple IOUs correspond naturally to fiat currencies, these integrations will be far more convenient and functional than their Bitcoin counterparts.



Ripple dollars will be the most commonly traded crypto currency. With a hard limit of 99 billion to be released in circulation. No more can be created...This protects against inflation down the road...

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