WHY RIPPLE WILL BEAT BITCOIN FUTURE
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REASON WHY RIPPLE WILL BEAT BITCOIN FUTURE
Alot of people doubted if RIPPLE will cross the $1 mark in 2017, But to their surprise, it actually cross the $2 mark and its currently $3.75 as at today and in doing so, it has beaten ethereum and it currently the second in terms of market cap and the next is beating bitcoin,Though Bitcoin is a beast in hes own and beating bitcoin is going to take more than a simple price rise.
REASONS WHY RIPPLE WILL BEAT BITCOIN IN FUTURE:
- JAPAN AND SOUTH KOREA: Japan and south Korea are currently the second and third largest crypto market in the world, right behind united state, In a recent announcement, Japan and South Korea said the will required people to use their real name instead of using fake names while trading, with that single announcement, it sent alot of cryptocurrency price down, including BITCOIN, Ethereum, lightcoin and others............RIPPLE was not affected..............
GUEST WHY ? ....... Because Japanese and Korea banks has started to test RIPPLE on their network for international fund transfer instead of using bitcoin.
PEOPLE ARE SHIFTING FROM BITCOIN TO ALTCOIN: People are looking for alternative in cryptocurrency and RIPPLE is one of the contenders among them, The reason why is because RIPPLE is currently on a cheap price($3.75) even though is high for some people. But its much much lower than bitcoin, which is not easily affordable for everyday consumer.
This reason is ARGUABLE, what i feel is bitcoin might just reach hes peak in 2017, which was around $20,000 and even since its has been on the down trading chart and hes currently trading at around $14,906 as at today, compare $14,906 to $20,000....
Even since last year, Bitcoin market trade has been going down, last year Bitcoin has a market trade of around 90% , it seems this year their market trade is going down, while other cryptocurrency, such as RIPPLE is going to keep on growing.Majority of crypto lovers and investors are being to believe more in RIPPLE
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