The XRP 2020 price predictions are among the most enigmatic ones on the crypto economy, to say the least, and in our ripple news today we see some of the predictions from the popular experts and analysts.
On the one hand, there’s certainly no shortage of respected analysts point to the problematic operations at Ripple and the backers of the coin. Dumping the coins on retail investors which skeptics allege is an unregistered security offering, is the one major argument currently. On the flip side, Ripple is huge and has lots of money and has a decent leadership which is proven to aim to position ripple and XRP towards bigger success. However, the question remains whether that position can pan out. In the middle, we can see more neutral folks who say that ‘’XRP is tradeable and has ‘’good liquidity so let’s trade it up or down.’’
The review over XRP 2020 price predictions, covers the opinions of skeptics, proponents, and neutral traders that all have shared their beliefs towards showing what the stakeholders think could happen to the XRP price in the following months. There are a lot of people in the crypto economy who think that XRP is utterly worthless as the count British entrepreneur and investor Alistair Milne. Milne commented about the XRP price prediction for 2020 and commented that Garlinghouse made it to Wall Street to what he said:
“I’m bullish on BTC as a store of value, but not for payments … You don’t want to use BTC at Starbucks [because] by the time you get your coffee, it’ll be cold.’’
In response to that matter, Milne took to Twitter and explained that the developers that work on Bitcoin’s proposed second-layer scaling solution the lightning network to which he commented:
“Ripple staff talked to Lightning devs years ago. When they say stuff like this they are lying in the full awareness that Lightning tech makes their pointless token obsolete.”
Milne suggested that the Ripple CEO took a very unfair shot at bitcoin which understated the potential of the lightning network. He also believes that Ripple and XRP have been rendered as meaningless by the advancements that the number one cryptocurrency and its network had done. Also, at the start of the year, BitMEX chief executive officer Arthur Hayes said that the derivatives exchange was releasing an XRP/USD perpetual swap product:
“Is it called Ripple, XRP, or dogshit? Who knows, who cares. It’s worth more than zero so it’s time to trade the USD pair on BitMEX. Boo-Yaka-sha!”
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
DC Forecasts - Newsletter and get recent news directly to your inbox! Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.