Why i believe Coinbase Rejecting Ripple (XRP) is great news!

in #ripple7 years ago

Hello Steemit,

Towards the end of 2017 there was extraordinary buzz behind Ripple (XRP).
It had rose to an all time high of $3.65 on January 4th 2018 but then to many Ripple holders dismay it dropped to a low of $0.646 (Feb 4th 2018) shortly after it was confirmed that it would not be added to Coinbase.

I'll tell you why this is great news,

Ripple (xrp) is different to other popular coins like Bitcoin, Litecoin, Etherium.

You see banks dont want coins like bitcoin.
https://www.theguardian.com/business/2018/feb/05/lloyds-bank-bans-buying-bitcoins-credit-cards

Unlike bitcoin, Ripple is based on working with banks, It would be stupid to think banking systems will change overnight, but it would be stupider to think they wont change at all. Its inevitable that cryptocurrencies will be implemented into everday life in the near future, it is just a matter of time.

Ripple settlements can be made within 5 seconds, And the charge for these payments is dirt cheap, less then $0.20
Bitcoin payments can take up to 2 hours and the charges are expensive, approximately $26.00 each.

Ripple is not for the short time investor, Ill be waiting years before if sell my ripple, and im taking advantage of its low price at the moment. Let me know what you think down below.

Kind regards Stevenit,