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Thread: Bitcoin Future: Three Options

  1. #1

    Bitcoin Future: Three Options

    https://www.express.co.uk/finance/ci...o-USD-XRP-news

    At number one Mr Smith says bitcoin will "triumph" replacing all other fiat currencies as the economy’s "main unit of exchange".

    He said: "People buy pizzas, finance their mortgages and pay their rent in bitcoin.



    At number two he says that bitcoin becomes like "gold".

    Mr Smith says that continuity crumbles on with fiat currency remaining the main unit of exchange everywhere except in a few "extremely dysfunctional economies like Venezuela’s".

    However, in this scenario "bitcoin’s market capitalisation remains substantial, and it rises in value over time, occasionally experiencing large bubbles and crashes."



    Number three is the worst case scenario when bitcoin goes "bust" and BTC as we know it is "abandoned, crashing relative to the dollar and never being useful as a payment method for daily necessities."
    More including which he sees as more likely at link. We seem to be at #2 currently.
    Last edited by Zippyjuan; 07-12-2018 at 03:39 PM.



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  3. #2
    The future of ripple is fairly unexpectable because it is not a usual currency and general rules don't work with it. Nevertheless, the bots like https://cex.io/buy-ripple can perfectly work with cryptos in trading sphere. I used it myself

  4. #3
    Quote Originally Posted by MarkKramer View Post
    The future of ripple is fairly unexpectable because it is not a usual currency and general rules don't work with it. Nevertheless, the bots like https://cex.io/buy-ripple can perfectly work with cryptos in trading sphere. I used it myself
    Ripple is centralized, decentralized cryptos like bitcoin are highly preferable.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  5. #4
    Quote Originally Posted by dannno View Post
    Ripple is centralized, decentralized cryptos like bitcoin are highly preferable.
    Ripple is an interesting Financial services company that shows even the old bank monopolies on moving money can be impacted by crypto.
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  6. #5
    Quote Originally Posted by kpitcher View Post
    Ripple is an interesting Financial services company that shows even the old bank monopolies on moving money can be impacted by crypto.
    Ya I got some way back in the day as a hedge, I'm not against the endeavor but it is not going to free us from the chains of the central banks like bitcoin will hopefully.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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