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frig ripple it's a centralized banking system which defeats the purpose of anything blockchain oriented. Ripple will fall sooner or later https://www.coindesk.com/100-billion-controversy-xrps-surge-raises-hard-questions-ripple/
Even if Ripple and Raiblocks performed the same (Raiblocks is better) look at the supply of each. There is 750 times more Ripple than Raiblocks so if the market prices Ripple at $3.31 that puts Raiblocks at $2482!!!! Either Ripple should CRASH hard and fast or Raiblocks is going to have a 100x price increase!! Where am I wrong??
Herakles Sorry to say but there's no Messiahs out there. Do your own research. I was scrubbing cryptomktcap, found XRB at 10, studied WP, signed up to Bitgrail (just dealt with the hassles), bought 100 shares, now hovering about 30 - HODL! Dull but that's one way to roll - just sayin...
Honestly, who saw this coin coming back in May/June, when it sold for only a few pennies? I sure didn't. Had I invested a mere $100 in this coin, I would have over 60k today.
This is exactly why we need an index fund for cryptocurrencies, because you never know which coin is going to skyrocket (or fail). Picking winners and losers is a sucker's game. I'm a perfect example of that-- I picked 43 cryptocurrencies, but not one of them had nearly the growth that Raiblocks had.
*+ ivo* The Crypto20 fund is a start, but it's not exactly what I'm looking for. What I want to see is a low-cost, comprehensive crypto index fund that invests in _all_ the available tokens, right down to the micro-caps. With such a fund, we'd get the average return of the crypto market in aggregate, which has handily beat my portfolio (without the hassle of having to store coins, etc.).
What people seems not to understand is that btc is not just stupid proof of work. You need work to make something that cannot be clone just with software.
Like this Railblocks go up, then new Railblock come cheaper same software. and the cycle never stop.
A coin with no work will never work. IT is worthless, but it might be good for speculation for the time being.
Little of us do not know DIMECOIN..you know gradual gains and will become a currency in the mouths of bigg investors this year.
take the profit DIMECOIN now in exchange ( Cryptopia/Livecoin/CoinExchange/YoBit...)
I believe XRB has more potential and way less danger than Ripple. It's already at it's max supply while XRP's circ supply is only at 38% leaving >60% in the hands of banksters who could and probably will release a massive amount if not all onto the market suddenly, reducing the value by >60%. IMO, people who invest in Ripple are either ignorant of the fact that really, it's a centralized currency for all intent and purposes or they're simply ambivalent to the true purpose of crypto's to take the power out of the hands of the elite and give it to the people so they're willing to sell out this ideal for personal gain and in the end.....they will lose their shirts. If you play in sh*t, you'll end up smelling like sh*t! I wish every "individual" investor would/could dump ALL of their XRP simultaneously and screw the man and say "we ain't buy yo sh*t.....but Thanks for the money. Lol
Does it bother you that there's 60% of the supply yet to be released? XLM has all the same features..just as fast, nearly zero fees and is a token from the Stellar organization (non-profit) as opposed to banks and XRB I believe is even faster. IMO, XRP is the fox(bankers) in the hen house and the unreleased 60% of the max supply is a troubling red flag. Ripple will grow because of new money entering the market without understanding the purpose of Satoshi's vision. FTB's
XRP is fine, the great thing about ripple is how (just by a little) more efficient it is when compared to current messaging financial protocols. The token itself ain't really worth shit and will probably never see adoption by banks, the ripple network however will.
This said, XRB is a proper useful token with great p2p applications and has everything we would require philosophically and technologically from a crypto.
The product is functional. The devs have issued bounties for code review for people to search for attacks so the code can be better and stronger (great dev team with great communication, nothing to hide).
We now depend on two things:
1. Better exchanges (more accessibility for regular people)
2. Adoption from e-commerce and the sorts, it's a great p2p crypto, it is what BTC failed to become.
It's a fully working product. The downsides are that the current desktop wallet is very basic and a bit crappy (although the mobile wallet is coming) and the current exchanges it's on are quite bad (although more exchanges are starting to support it)
When using the desktop RAI wallet makesure you download the blocks on the wallet before sending your rai to the wallet. There is a simple tip on how to download the blocks on your computer it would save you time syncing the wallet to the blocks. I waited a long time to receive my blocks because the wallet takes forever to sync the entire rail block to your computer. You can sync for 10 mins or less and everything would be fine.
I brought Raiblocks after seeing your first video. I used Bitgrail. The site sux. You can only buy Raiblocks with Bitcoin. So i brought at $10.00 , went to bed at $17.00 , i woke up in the morning it was plummeting. So i sold out at $12.00.... Not so easy, because Bitgrail wouldnt send me a confirmation withdrawal email. Hours later and 4th attempt i finally got it withdrawn... mean while bitcoin had dropped from $14'500. To $13,000.... I think Raiblocks like you said is good, but bitgrail sux. No USD option to put your money into a holding zone.
My Prediction with or without tech analysis is Ripple. Bitcoin is far too slow and ridiculous exchange fees. Bitcoin is dead.
Robert Sunderland watch out with ripple. It has been pumped yesterday by market manipulation its all on reddit how the did it and its the coin of Banks and banksters. Today its 20 down. Who reads reddit knew This would happen, i expect ripple to be $1.5 soon, but in a year it might be $4 - $5. Stellar is good i want to buy on a dip and sell in 6 weeks. This is my opiniom, dont fomo because of me.
Great analysis. RaiBlocks is definitely a rank #1 deserving coin. Decentralized, zero fees, near instant transaction confirmation and super high scalability (many times faster than Ripple) and more importantly open, decentralized, community driven unlike centralized Ripple.
Good things come in tough ways. :) If it was easy enough to get it, it would already be many-times over it's current value. That aside, I think the team is working with several exchanges and some launching in the coming few weeks. The RaiBlocks technology (DAG based block-lattice blockchain) is different than other cryptocurrencies so it takes a bit more effort for exchanges to add RaiBlocks compared to adding ERC20 tokens that simply use the ethereum blockchain.
Can you do a video about your perspective on the crypto bubble, and your predictions for when it will happen? My own thought is that if we hit 800-900b market cap too quickly, the crash will be around then, but I want to hear an experts opinion!
When using the desktop RAI wallet makesure you download the blocks on the wallet before sending your rai to the wallet. There is a simple tip on how to download the blocks on your computer it would save you time syncing the wallet to the blocks
Good question. You have to wonder how high will BTC really grow with it's only claim being first to market and a "store of value". I believe the blockchain will force you to bring useable value or the people just won't us it. Right now we need BTC and ETH to buy ALts. When does that chnage? The math tells me I am way better off holding a good share of the coins on this forum. In my guestimation the upside is much higher outside of BTC. But just my opinion.
Sorry but I would love to believe what raiblocks has to offer but I cannot. After reading its short white paper I am not convinced it can provide a scalable solution to payments. There is no evidence to show how raiblocks can deliver thousands of tax/s for free. What am I missing and where can I find this info. Can anyone link me somewhere that explicitly explains how they are doing this not what their goals are or what it should do. Thanks for the video though. Love watching!
it does it using masternodes, currently there is no incentive to setup a masternode which is the main issue with raiblocks, but most people are setting them up for them good of the community and to avail of free transactions as opposed to constantly paying fees for coins such as BTC or LTC, in the long run setting up a node will save u a lot of money in comparison to fees
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.