/biz/ - Business & Finance

>>19283704
>Bank of England
Funny that they're involved in that article, they just recently published their results of a test pilot with XRP, and it checked all their boxes.
https://www.bankofengland.co.uk/research/fintech/-/media/boe/files/fintech/ripple.pdf?la=en&hash=75E5F445230B8A2B794C208D29619A3E33F1FFE7&hash=75E5F445230B8A2B794C208D29619A3E33F1FFE7
They were testing it to replace their global real time settlements system. It seems to be the only real crypto currency/company they have done a trial with.

>>19283786

*massive flight

>>19283851
>they wont get rid of the greenback for in country purchases
That's what the digital dollar is for. Every country will have their own currency but XRP will be the level playing field between them so there is no more abuse of the world reserve currency status. Ripple has already met with the White House.

>>19283862
shit I forgot about that. Future looks brighter everyday!

>>19283919
I am eagerly waiting to see which government will be the first to operate a validator.

>>19283976
The SEC already said they do. They run nodes for other cryptos too.

>>19283919
Can you provide proof that ripple met with white house?

>>19283763
100% this. Although I'm not sure they would even hold xrp. They will just go in and out of xrp whenever they need to transfer money and assets

>>19284107
>Johnson further states:“… so from a foreign-control aspect or from an environmental aspect, XRP is a very different beast. And in conversations we’ve had with the administration, they seem to get that and think that might matter.”

There was also something on the White House schedule once that had Ripple meeting with at least Mnuchin.
https://www.coinwire.com/trump-officials-formally-meet-ripple
https://www.forbes.com/sites/billybambrough/2018/10/16/chinas-bitcoin-dominance-is-worrying-trumps-white-house-and-pushing-it-toward-ripple/#5953bd9e1a21

How much XRP should I have to not kill myself in 3-5 years?

>>19284209
where it gets fundamentaly obvious is greed

> hey banker dude buy this token for .20 while we pay people to make stupid court cases and fud the product for speculators and just change your mind and use the product one day and you will have stupid money for little cost

>>19284288
10k

>>19284288
I'd say at least 50k at these prices. I'm personally gunning for 100k.

>>19284289
>buy crypto for <.20
>declare it to be worth $2000+
good point

>>19284328
ripple has done all of the heavy lifting. i may not know the inns and outs of banking but I do know how this shit goes
>amazon will be worthless dont buy it goy!
>google will be worthless dont buy it goy!
>bitcoin will be worthless dont buy it goy!

israeli behind the lawsuit
https://www.coindesk.com/combined-class-action-lawsuit-against-ripple-moves-to-federal-court

>>19277394
XRP burnrate can be set to anything even zero, it's currently 10 drops to combat spam on the network.
XRP burnrate can will also scale with the network to always ensure the cheapest price.

the higher the price of XRP the less it has to burn. XRP will not be replaced, it will be DIGITAL GOLD and only for the elites. XLM is for the masses and is DIGITAL SILVER

I hate XLM because its founder Jed mccaleb is a member of Lucis Trust.

Ironically The Beast system they created to enslave us all will eventually be turned into a weapon to bring down the best and the people who tried to enslave us.

>>19284325
How much you stacking atm? Gonna drop another 400 dollars next check. Hope senate compromises with some sort of hazard pay because it so I’m gonna be dropping a few grand

huh? wierd.
https://cointelegraph.com/news/israel-financial-services-firm-gmt-joins-ripplenet

>>19284325
>I'd say at least 50k at these prices. I'm personally gunning for 100k.
I don't know if I can justify to myself putting that much money into this personally. I do believe though that there will be mainstream adoption of this but I just don't know to what extent or when, but the way the global economy is going and some of the things I've read make me wonder if I might be missing out on a genuine financial revolution, I mean it is the only thing that scales, it's fast, banks are already starting to use it, I don't want to get suckered into the $2000 price prediction LARPs, but you think 50k is a suicide stack? So you don't believe those kinda predictions either then? I could see it going sub $100 eventually.

>>19284411
>XLM is for the masses and is DIGITAL SILVER
I always thought this was a gay analogy, especially when Litecoin was pushing it. Why would there even need to be a digital silver when the normies will be using the digital dollar? Also, Jed was all over the place with the total supply which makes it sound like he didn't really know where it was going and that reminds me of the stories about his bad ideas when he was at Ripple. If I'm missing something about XLM please let me know.

>>19284458
50k isnt a suicide stack. personally my make it money is in LINK. if xrp manages to double its last ath or hit 10 bucks. 10000 x10 is 100 grand. That IMO is a suicide stack.

>>19277083
Reminder that the price could stay the same or even drop and it will still be useful for remittance
This has zero connection to value
Most likely it will never rise in value because Ripple purposely deflates the price in order to make it useful for payments

>>19284493
jed burned half of the supply. the shit is borderline laughable. Who wants an inflationary crypto when you can just use a cbdc?

>>19277211
>Enjoy being dumped on by Jed.
As per his contract with Ripple, Jed can only sell 10% of daily volume.

Why does a crypto that's apparently been dumped for years still exist? Who's been buying all this time?

>>19284538
wrong --------> xrpfud.com/gay-retard

>>19284538
So it's counter productive for XRP to have a higher price point if they want mainstream adoption of it?

Doesn't Stellar Lumens do the same thing but decentralized? Why not buy lumens instead?

>>19284458
Like I said, I don't think the $2000 posts and stuff are necessarily LARPs, but I'm also not basing my investment around them. If XRP goes to 50$ that's a 5 trillion $ marketcap (but this isn't considering how XRP's marketcap will be reflected by how how many people are actually selling XRP and not just holding, so 50k would be 2.5 mill before taxes.

>>19284411
>I hate XLM because its founder Jed mccaleb is a member of Lucis Trust.
prove this anon, I'm curious

>>19284589
There are resources out there that explain why market cap is a fallacy. Also, coinmarketcap.com was bought by Binance and will be basing fair market value off of liquidity starting next month. Changpeng Zhao is also buddies with Ripple and the XRP community picked up on that when he was in Liechtenstein.

>>19284571
Stellar Poomens is a spite-fork of the XRPL with zero partnerships, no development and no nothing.

>>19284571
You realize XRP is decentralized, right? But XLM also has much less adoption and big players involved with them. This is very much a market where first mover advantage is important. Ripple has great tech AND they're schmoozing with the bigwigs in washington and wall street. It's going to be hard to uproot the relationships Ripple is building, it's the same reason why SWIFT has been able to get away with using 50s era tech for so long. But it seems like SWIFT is having a lot of issues with getting ready for finance going digital, and TPTB are getting fed up with them. Enter Ripple.
>>19284538
Remittance market is 1trillion and growing. If XRP becomes the standard for remittances, it will need to be more valuable to handle the volume. We're not even talking about what the price will need to be to be the bridge currency for CBDCs.

>>19284589
>Like I said, I don't think the $2000 posts and stuff are necessarily LARPs
If you hang around the chans you tend to see a lot of similar archived or screenshotted posts here and there though, there's a similar one floating around /pol/ of some guy claiming to be tearaway Rothschild or an 'insider' to the elite, I dunno if you've seen it. Anyway I suppose it's the fact that literally anybody can come on here and start claiming to be anybody. People's imaginations run riot when they want to believe in something, although if rolls around to November about there's no huge pump then at least I can post it for a good laugh.

>>19277822
Do the math yourself you lazy simp

>>19278019
You can learn math on the internet. Has no one told you yet?

>>19284571
https://youtu.be/QUln6_1nDBw?t=782

>>19284493
Gold Kings currency
Silver Peasants currency

>>19284538
Ripple doesn't give a shit about remintines. Remittances and banking becomes obsolete with when you can transfer value as fast and easy as email.

Their goal is the Derivatives market which is 1 quadrillion + and can scale to infinity.

>>19278583

>>19283157
if xrp reached 3$ 70% would sell thinking they broke even or made it. the funny thing is after these flies are shaken off the real pump will happen and it will be instant.

>>19283241
XRP can be subdivided by 1 million Drops.

XRP will run out of supply due to burnrate if it was constant in thousands of years.
XRP can scale its burnrate, the only reason they have a burnrate is to counter spam on the network. if you want to spam the network it costs a lot of money.

To all those all in XRP to this point. Congrats. Sit back and watch

>>19277336
>Not normalizing your data
NGMI

>>19278999
>Line go down! its bullish as fuck! Better than up!

>>19285831
>durrrrr line go up huurrrrr i got dumped on again huurrrrrrr oops no usecase and no adoption durrrr
t. soiface.jpg

>>19285686
Remember there are 2 factions and there is a Spiritual war going on right now.
White hats and Dark hats

One path leads to the NWO microchip lucifer ruler of Earth
One path Leads to a New Golden Age of Prosperity and Peace

The Dark side wants you to accept doom and gloom and believe there is no hope just sit back and take it.

The Light side wants you to do your own research, become free thinkers and shine a light to the darkness.
People could have accepted bill gates talking about vaccinating but many people rose up and exposed him on twitter and social media.
There is an information war. The Human mind is the most powerful thing in the universe, Your perceptions can alter reality.

XRP will be used as the Trojan Horse to Destroy the Evil ones and expose them. Just as the internet was created for surveillance the people took control of it.
all it takes is for 144,000 people to accept a line of thinking and it will manifest into reality.
The Choice is Yours. Do you except that the NWO will be Dark and EVIL or will the NWO be their END.

There will be a level playing field and fresh new Millionaires and Billionaires with Agendas of their own that go against their plans.
The Federal reserve was opposed by 3 of the wealthiest people on earth at the time, they were killed by sinking the titanic and their wealth. this allowed the FED to be created. Imagine a whole new group of Millionaires and billionaires that will ussher in a new global age of prosperity by having agendas that overwrite the Luciferian Agenda.
by getting rid of shadow banking the Luciferians have no power and have lost all Financial means to oppose anyone.

What made you believe for a second what a rothchild or a deranged lunatic who wants to create a city that does not tolerate "Negativity" has to say.
They give you small crumbs of truth but their goal is to manipulate your perception.

Remember that Lucifer is struck down in Revelations and in the end
GOD WINS

Baba cucks told me 2000$xrpeepeeee yeeeiiiii my 200 xrpeepee will make me a milonaire sire! Rasheesh plis buy buy 2000$ xrpeepeee


Who fucked the cuck in the head? And bg123 is ficking lying to you dumbfucks -95% LOSSES FOR THE CRIPPLECOINKEKS LISTENING TO BG123 AND BABAKEKS

>>19284411
>Ironically The Beast system they created to enslave us all will eventually be turned into a weapon to bring down the best and the people who tried to enslave us.

THIS

THIS

THIS

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