/biz/ - Business & Finance

>>56581709
>Being this new

about 2000 threads ago someone said "XRP $589 EOY checkem" and the post ended in the number 589

since then everyone parotted it, someone even photoshopped a simpsons intro screenshot where Bart wrote "XRP $589 eoy" alot of times.

Ever since then everyone just memes the 589 to have some magical 'real price in future' meaning

>>55937221
589 literally comes from someone posting a simpsons intro photoshop and using a get script that his post number ended also with 589

>>55814953
The number 589 comes from a photoshop meme someone made of the intro of a simpsons episode


Why are there so many newfags now a days?

>>55588690
is this a photoshop like the 589 shit again

Previous: >>54302080

Buy XRP on Uphold/CoinMetro/Bitrue/Kucoin[NY]
[for Bitrue send USDT or XLM and use XLM/XRP]
or on the XRP ledger https://xrptoolkit.com/trade
or on XUMM app (with USD IOUs from Bitstamp)

>Why Do I Hold XRP?
https://youtu.be/XHr6BTGmTnA
>Newfag Tutorial:
https://youtu.be/23Yn5GdYpJc
>XRP $2,000+ EOY:
https://youtu.be/dQw4w9WgXcQ
>SEC Lawsuit Latest:
https://youtube.com/c/LegalBriefs/videos

>Flare Networks (FLR) Overview:
https://youtu.be/XHr6BTGmTnA
>Bitrue vs Poloniex FLR:
https://youtu.be/dQw4w9WgXcQ
>Flare vs Ethereum:
https://youtu.be/kRTvGcEJiR0
>Flare Finance (YFLR) Intro:
https://youtu.be/_mto6QcUqZU
>Flare Finance FAQ:
https://youtu.be/XHr6BTGmTnA
>Flare Finance Wiki:
https://everipedia.org/wiki/lang_en/flare-finance

>XRPL’s CMC:
https://xrptrader.net
>XRP Ledger:
https://dex.xrplapps.com
>XRP Charts:
https://xrpcharts.ripple.com
>XSG Frenlist:
https://rich-list.info/

>Insiders/UHNWI/Mellon/Lore:
https://pastebin.com/Z39w20qf

>Memesmiths:
https://pastebin.com/2hdYtXVY

>Twitter:
https://twitter.com/JoelKatz
https://twitter.com/PolySignInc
https://twitter.com/FlareNetworks
https://twitter.com/FlareFinance
https://twitter.com/CommunityFlare
https://twitter.com/bearableguy123

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
>XRP FUD BINGO:
https://fudbingo.com
>ANTI-FUD:
https://pastebin.com/ZESsmqB8

>PLAYLIST:
https://youtube.com/XRPCHIZ/playlists

>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq
https://pastebin.com/1wC2gBpW

>What wallet do I use?
Hot storage - XUMM, Exodus or TrustWallet
Cold storage - Paper/Metal or Ledger/D’CENT
Paper Wallet - https://pastebin.com/zFL8nJXd

>>54315669
>>54316057
>>54316066
>>54316404
>>54316451
>>54316481

>The whole fucking 589 meme was because of some "get" on 4chan and is being memed in simpsons intros and twitter riddeler larpers and now normies think it hold any significance

Ripple XRP SIMPSONS CONFIRMED RIDDLERS CANT MAKE ANY OF THIS STUFF UP!!!

>https://www.youtube.com/watch?v=qADq_rKwCGQ

>>53495522
Fuck thats big

even Simpsons predicted it

>>53480421

Reminder that The Simpsons predicted the XRP price to be $589

Reminder: XRP to $589

Previous: >>52732597

Buy XRP on Uphold/CoinMetro/Bitrue/Kucoin[NY]
[for Bitrue send USDT or XLM and use XLM/XRP]
or on the XRP ledger https://xrptoolkit.com/trade
or on XUMM app (with USD IOUs from Bitstamp)

>Newfag Tutorial:
https://youtu.be/23Yn5GdYpJc [Embed] [Embed]
>XRP $2,000+ EOY:
https://youtu.be/sFX1d7Si3mA
>SEC Lawsuit Latest:
https://youtube.com/c/LegalBriefs/videos

>Flare Networks (FLR) Overview:
https://youtu.be/dQw4w9WgXcQ [Embed]
>Bitrue vs Poloniex FLR:
https://youtu.be/XHr6BTGmTnA [Embed]
>Flare vs Ethereum:
https://youtu.be/dQw4w9WgXcQ [Embed]
>Flare Finance (YFLR) Intro:
https://youtu.be/XHr6BTGmTnA [Embed]
>Flare Finance FAQ:
https://youtu.be/dQw4w9WgXcQ [Embed]
>Flare Finance Wiki:
https://everipedia.org/wiki/lang_en/flare-finance

>XRPL’s CMC:
https://xrptrader.net
>XRP Ledger:
https://dex.xrplapps.com
>XRP Charts:
https://xrpcharts.ripple.com
>XSG Frenlist:
https://rich-list.info/

>Insiders/UHNWI/Mellon/Lore:
https://pastebin.com/Z39w20qf

>Memesmiths:
https://pastebin.com/2hdYtXVY

>Twitter:
https://twitter.com/JoelKatz
https://twitter.com/PolySignInc
https://twitter.com/FlareNetworks
https://twitter.com/FlareFinance
https://twitter.com/CommunityFlare
https://twitter.com/bearableguy123

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
>XRP FUD BINGO:
https://fudbingo.com
>ANTI-FUD:
https://pastebin.com/ZESsmqB8

>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq
https://pastebin.com/1wC2gBpW

>What wallet do I use?
Hot storage - XUMM, Exodus or TrustWallet
Cold storage - Paper/Metal or Ledger/D’CENT
Paper Wallet - https://pastebin.com/zFL8nJXd
DO NOT use Droplet wallet, it's a scam! and will steal your XRP.

Insider with friends at jpm here. Everything that's taking place now and in the future that will take place right a long time ago years ago guys but people thought we were crazy every single day and now look are we now no it doesn't seem like a ray from this close TV this is just crazy in my boggling wait what Justin UK gov delays presentation of economic plan to November 17th wait November 17 which include agenda 2030. the prime minister of India talked about agenda 2030 didn't he here we go right you guys think I'm excited for the new world guys but we have already been in the system we might as well take advantage of it right you got some pause and check all this out but if you go to the sex way guys look at this no coincidences what was it November 17th right today was a good day five plus five eight nine days from that day guys right all these days or all those dates gives us what November 16th 2022 November 15th correlates with the SEC case with ripple and then Ripple themselves Ripple swell is what November 16th to the 17th turn 22. what do we see right here November 17 guys UK right and then this is where London 1617 wait what is happening guys I can't believe it right well isn't that swell right hmm November 17th is also 8 30 Enoch next day equals September which is May sept right shot like gold on December 223 223 Hebrew 322 wow wow wow wow now maybe we do see a settlement very soon guys because look at this right here so settlements imminent why Ripple.

>>52449047
Market cap is the multiplication of last trading price x circulating supply.

In other words, someone could create a coin with a 100 billion supply and buy a few of the coins for $11 dollars and its market cap would exceed a trillion dollars. Does this mean that a trillion dollars have been pumped into the coin? No, not even a hundred dollars, yet its market cap is over a trillion. This simple example illustrates how naïve market cap discussions are when it comes to crypto.

XRP’s price will be determined by utility, not by market cap. For example, SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per coin, and this is assuming that SWIFT owned all the supply. XRP is going after more than just SWIFT, it is going after a $2.7+ quadrillion market. Market cap means nothing.

XRP will handle much more than SWIFT; it will eliminate the need for nostro accounts (worth $27 trillion), tap into the $2.7 quadrillion global transfer market, as well as interact with other blockchains and technologies. In other words, if XRP’s price was low, it wouldn’t be able to handle the trillions/quadrillions within its 100 billion coins.

XRP will likely be pegged to precious metals and/or a basket of assets to make the price even more stable and liquid over time, likely by governments, central banks, and institutions like the IMF.