Ripple has had a fairly friendly year in 2016, though it is off its peak price. XRP/USD is trading at $0.009244, while XRP/BTC is trading at 0.00001416 BTC. Unlike Bitcoin, Ripple doesn’t involve production by mining. Instead, the cryptocurrency is designed as a payment network. The Ripple network accommodates other virtual currencies and also supports automated currency trades.
Ripple is one of the virtual currencies that have benefited from venture capital investors’ growing interest in cryptocurrencies. Google Ventures (GV) is among the investors in Ripple.
More than 35 billion units of Ripple are available, with the supply capped at 100 billion. Ripple has a market cap of more than $328 million.
I think the VETERANS of XRPChat have been through so many up and downs, starts and stops and never ending disappointments that they are rightfully afraid to “Dream Big”. They have done it too many times before and been burned.
With that said, this year is the year that some of the largest BANKS in the world will start actually USING XRP......rather than talking about USING XRP. Once the banks and Ripples partners are all on board, we won’t have to guess or hope anymore. I believe global events will lead to much earlier adoption of RCL/XRP which will significantly increase its value per unit by the end of 2017.
XRP - Low = $3
XRP – High = $5
RCL/XRP has attained the support/consideration of some of the LARGEST BANKS, FINANCIAL INSTITUTIONS(Federal Reserve) and INDUSTRY LEADERS in the world as the direct threat to SWIFT, I think I have the right to HOPE that XRP should at least be of 0.01 value by the end of 2017
even if XRP is considered to only be a "bridge currency".
A man can dream......
let's see what happens!
If central banks in Europe and Asia maintain their loose monetary policies in 2017, demand for cryptocurrencies is likely to remain strong as traders have access to easy money. Growing investor appetite for the fintech and cryptocurrency startups is another reason some analysts see a possible lift in the prices of various virtual currencies led by Bitcoin.
original content found here,
https://www.xrpchat.com/topic/2366-xrp-price-predictions-for-2017-high-low/
my thoughts ?
ripple can work if it gets highly adopted by the banks,
but when the blockchain evolution wil remove the use of third parties,
then i dont know how ripple wil continue.
Have a Great Day,
@BlockChainSupporter