Ripple continues to grow, at the time of writing the news it was trading at a price more than 3.70 USD. Bitcoin, on the other hand, continues to decline. What starts this race, and will collapse ripple?
The increasing demand for currency is largely a result of kleptomania, combined with delusions of the blockchain. However, ripple is a completely different currency, unlike bitcoin. It is decentralised — the majority XRP owned by the company and its founders. Because it was not correct to say that the ripple's collapse in 2018 will happen only because the fall of bitcoin.
Crypto-enthusiasts enjoyed a phenomenal profit from bitcoin and other such currencies, and they expect that trend will continue with other coins. Everyone wants to get their piece of the pie, so some time will still continue the take-off of assets, such ripple.
Investors do not want to miss the five - and six-digit profits from the coins in our days has already become the norm. They will continue to invest in all of the digital currency, despite the fact that coins can be radically different from each other.
The collapse ripple's quite possible, and it will be a result of the fact that the coin is not in demand by banks, has entered into a strategic partnership with Ripple. Although the company claims that due to the token financial institutions will significantly reduce the cost of transaction all banks do not hurry to believe.
The next question is whether there will be a collapse of the entire cryptocurrency market? The answer is: later rather than sooner. There are many other assets that work in real-world applications and bring great benefits. If bitcoin falls, the market in General can happen a few bad days. But besides bitcoin, there are many players that can take his place.
author:Alain Filippenkov