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RE: Ripple(XRP) Analysis (English/Turkish)

in #cryptocurrency6 years ago

As a rule, the usual cryptocurrency is created in order to allow users to safely use it without any restrictions. If we evaluate Ripple and the prospects for its growth, then we need, first of all, to understand that before us is a product that turns the whole idea of the system of mutual settlements created by people.
Its main advantage is a complete and radical modification of the mechanism of international Bank mutual settlements. The Ripple network ensures their instant execution in the absence of full decentralization, which guarantees absolute security and comfortable conditions for financial transactions. That is, the system of Bank transfers in XRP is a much more efficient algorithm.
But along with the advantage, there is a serious drawback that confuses many analysts who give an assessment of the prospects for the future of Ripple. The fact is that all new things are accepted by conservative bankers with great difficulty, especially in conditions when they have no motivation to accelerate a particular process of adoption of avant-garde methods.
Bankers see the main drawback-a very large stock of coins XRP creators Ripple. In theory, this creates an environment in which developers have an excellent opportunity to manipulate the market according to their goals. Naturally, for a trader to hear this is not very nice, to say nothing about long-term investors.
If we talk about what is waiting for Ripple in the future, according to Wall Street Forecast, the prospects for Ripple in 2020 in figures – it's $1000 per coin! It is difficult to say on the basis of which analysts from Wall Street gave such a forecast for Ripple, but if you think about the fact that now XRP/USD quotes can not overcome the mark of 30 cents, and should reach the mark of 1 thousand USD in a little more than 2 years, it is really impressive.
For example, it turns out that if you now spend $ 100 to buy 400 ripple coins, in 2020, these 100 dollars will turn into 400 thousand dollars!

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