/biz/ - Business & Finance

>>10873687
Does anyone care about coinbase anymore?

"Coinbase Sees Trading Volume Drop Over 80% as Binance, OKEx Grow"

https://www.cryptoglobe.com/latest/2018/08/coinbase-sees-trading-volume-drop-over-80-as-binance-okex-grow/

On top of the fact they are most likely going to jail for market manipulation. Frankly who cares?

>>10873703
>Frankly who cares?
the baghodlers who sold cripple clearly cared. They were waiting for a Coinbase listing since December.

Once Coinbase lists Stellar, you'll see mass amount of normies come back during the bullrun... and since Stellar isn't a security like Cripple and can be listed on Coinbase, which do you think the normies are going to buy?

>>10873713
>They were waiting for a Coinbase listing since December.

Yeah and people were waiting for Star Fox 2 on SNES, then they got Play Stations and don't care anymore.

Do you understand the concept of time and how it moves on?

>>10873687
Because they're competitors. Ripple sells XRP directly to institutions which makes coinbase ass-mad because they think that's their role.

Ripple solves a multi trillion dollar problem while integrating themselves with the current banking system and coinbase are a bunch of sulking useless middlemen.

>>10873687
>ripple coinbase pump 1000%
>stellar coinbase pump 60% and nearly 100% retracement
from 2970 and now back to 3254 sats
nice coinbase pump there
kek

>>10873730
lmao go to r/cripple and you'll see thousands of baghodlers who still believe Cripple will be listed on Coinbase

>>10873737
>not knowing the difference between being in a bullrun and bear market
heh, I wonder how badly you're going to cry to see Stellar's marketcap skyrocket past Cripple during the next bullrun

>>10873736
>XLM is competing with XRP

Yeah I guess in the same way a no name hole in the wall that sells second hand junk to the same 10 niggers competes with wallmart I guess

>Another Ripple Lawsuit Claims XRP Is A Security

"Here, the XRP offered and sold by the defendants had all the traditional hallmarks of a security, yet defendants failed to register them as such. The purchase of XRP constitutes an investment contract, as XRP purchasers, including plaintiff, provided consideration (in the form of fiat, such as U.S. dollars, or other cryptocurrencies) in exchange for XRP. XRP purchasers reasonably expected to derive profits from their ownership of XRP, and defendants themselves have frequently highlighted this profit motive."
>A spokesperson for Ripple did not immediately respond to a request for comment.

https://www.coindesk.com/third-ripple-lawsuit-claims-xrp-is-a-security/

Which of the 10 XLM bag holders holding 99b XLM collectively will dump first?

kek
keep coping, stellar coinbase pump is laughable and the volume is shit, it has the worst volume of the top 10 and one of the worst marketcap/volume of all coins

>>10873754
>Posts the same FUD lawsuits over and over again

XRP is a virtual currency being sold to institutions under a money service business license under the ongoing supervision of FinCEN.

It is necessarily therefore NOT a security. FinCEN were required to ensure it wasn't a security before issuing an MSB license and enforcement action.

>>10873758
When is Brad going to dump his 10 billion XRP?

>>10873772
>over and over again
lmao what are you talking about? You can google it, there's dozens of law suits

>Ripple hit with third suit for securities law violation
n this latest suit, dated June 27, a private XRP investor alleges that Ripple Labs Inc. and its CEO Bradley Garlinghouse have conflated their token with its proprietary Ripple technology and even illegally profited from price increases the whole time.

The nature of the XRP’s centralized and mining-free distribution model, all three lawsuits allege, has allowed for a continuous ICO period, in which Ripple Labs Inc. have been funding themselves by selling close to $100 million worth of their own cryptocurrency – and that’s just in the last quarter of 2017.

https://thenextweb.com/hardfork/2018/07/04/ripple-securities-fraud-lawsuit/

>holding a coin that owner has more than 10%
I hope you don't get Charlie lee'd
kek

>>10873754
same fud over and over again lol
these lawsuits were a joke anyways
https://ambcrypto.com/ripple-update-plaintiff-withdraws-class-action-lawsuit/
https://cryptodaily.co.uk/2018/08/victory-for-xrp-as-ripple-win-first-court-case/
one more to go

>>10873777
All of those holdings are locked up in agreements to dump only as a % of total market volume

>>10873787
kek
>dozens of lawsuits
there were only 3, one resulted in a victory for ripple and the other was dismissed

>>10873703

Why is he changing a 0 to a 0?

>>10873787
>lmao what are you talking about? You can google it, there's dozens of law suits
yes they are paid-for frivolous lawsuits designed to spread FUD about XRP they have no basis in law

>>10873809
It's funnier that way

>what is a meme

>>10873794
>one more to go
huh, I don't think they're stopping m8

>>10873804
>>10873810
>the cope

Pretty sure them changing the name from Cripple to XRP is going to stop teh lawsuits or stop them from being labelled as a security

>>10873737

It's embarrassing how this shill copies and pasted this low tier fud

>my pump and dump from coinbase was larger
>that makes me better

lmao anjit what are you doing?

>>10873820
>Pretty sure them changing the name from Cripple to XRP is going to stop teh lawsuits or stop them from being labelled as a security

Oh look another pajeet who doesn't have even a basic understanding of the western common law legal system.

Lawsuits concern a specific action at a specific time. Whatever is done now doesn't affect the past retard. There's no way changing the name could fix or undo an illegal act in the past.

Fact is Ripple were already prosecuted by the police for selling XRP without the appropriate license. The police (FinCEN) then forced Ripple to acquire the appropriate license, according to FinCEN, which was a money service business license. Ripple now continues to sell XRP to institutional investors under this settlement agreement under the watchful eye of FinCEN.

They cannot have been issuing a security because the government/police already sued them for being an unlicensed CURRENCY EXCHANGE.

Ever heard of double jeopardy?

>>10873861
you are tring to brag about a coinbase pump and im showing how ridiculous it was

LMAO there's more than 5 lawsuits open and active right now

>https://www.xrpchat.com/topic/26151-ripple-lawsuit-tracker-august-2018-update/

7.) 2017 - Ripple and XRP II vs. R3 (California) (open/active)
8.) 2017 - R3 vs. Ripple (New York) (open/active)
10.) 2018 - Ryan Coffey vs. Ripple, XRP II and Bradley Garlinghouse (California) (open/active)
11.) 2018 - Ryan Coffey vs. Ripple, XRP II and Bradley Garlinghouse (U.S. Federal Court) (open/active)
12.) 2018 - Vladi Zakinov vs. Ripple, XRP II and Bradley Garlinghouse (California) (open/active)
13.) 2018 - David Oconer vs. Ripple, XRP II and Bradley Garlinghouse (California) (open/active)
14.) 2018 - Avner Greenwald vs. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (California) (open/active)
15.) 2018 - Avner Greenwald vs. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Federal Court) (open/active)


>yeah we only had 1 more lawsuit and were done
LMAO RIP

ahhh feels good to not hold a centralized shitcoin that the owner holds more than 10 billion Cripple and over 6 lawsuits and counting up his ass

>one more to go
>>10873794
hey can you cripple fags count?
how many lawsuits is this? >>10873901

>>10873901
>LMAO there's more than 5 lawsuits open and active right now

Ok when Stellar gets enough attention (if it ever gets enough attention) there'll be lawsuits up Jed's ass for running a non profit as a for profit.

>>10873932
C O P E
O
P
E

When Stellar gets enough attention, it'll be halfway out of the solar system while Cripple has over 25 lawsuits pending

>>10873901
lmao
>the same lawsuit copy pasted over and over again
>arguing about centralization
stellar is more centralized than ripple both in token distribution and consensus

>>10873946
>When Stellar gets enough attention, it'll be halfway out of the solar system while Cripple has over 25 lawsuits pending
HAHAHA

While it's being airdropped to niggers in niggerland to spend on fishing nets and open sewer maintenance. Your inflation rate is _RIDICULOUS_

Your """coin""" will be out of top 10 by december

>>10873963
>look if I call it decentralized, then this centralized shitcoin WILL BECOME decentralized
You retards are on another level
Cripple has more lawsuits than Stellar

>>10873978
Cripple will have more than 30 lawsuits by December lmao

>>10874007
It will have 0 by december. Look at the Ripple legal team it's ex-SEC lawyers. You think these people would be defending Ripple if these suits were unwinnable?

News Headline:
"Ex-SEC lawyer loses securities case against no-name nobody"

Yeah no.

>>>10873648
lol these lawsuits mean nothing, xrp is clearly not a security and you can't provide anything that proves your point
just look at the graph, you have to be retarded to not realize that xlm is more centralized
and the token distribution is laughable, it is the worst of all cryptocurrencies

>>10874018
>betting against a centralized for-profit company that is trying to not get security status WHILE at the same time getting an overwhelming amount of law suits pilling up
You baghodlers are fucking sad

>m-m-muh banks are gonna use this cone and we all be rich

>>10874025
You lost your argument above, go check.
Keep spamming FUD and enjoy your lawsuits lmao

>>10874042
lol, check above, you lost the argument
i proved that stellar is more centralized than ripple and you couldnt prove any of those lawsuits being relevant
those lawsuits are a joke, 2 already lost and all the others face the same fate since all the others are copy pasted from the first, (the one which ripple won)
and couldn't provide anything that backs your claim that it is a security

>>10874042
>You lost your argument above, go check.
>Keep spamming FUD and enjoy your lawsuits lmao
I can launch 50 lawsuits against you right now for touching children

Does that mean you did anything wrong?

>The absolute state of pajeet mental gymnastics

>>10874084
>and couldn't provide anything that backs your claim that it is a security
lmao, wait for the other 7 lawsuits
I don't need to say anything but just wait for the impending collapse of cripple

>>10874087
>the IQ of cripple baghodlers
lmao yea clearly. Go ahead m8, do it up

>>10874106
>just keep adding more and more lawsuits, that will keep the price down
i bet most of those lawsuits are from xlm holders, they are that salty

>>10874111
>baghodlers worried that the lawsuits will bring down the price
>not bring them to reality that they're hodling a centralized scamcoin
lmao
You brainlet baghodlers are pajeets, spics, or just retarded poor whites

>>10874124
lol keep arguing centralization when your shitcoin is literally 10 times more centralized, and the top 20 holders hold literally 99% of the supply

>>10874149
The only centralization is cripple and their CEO Brad holding 10 billion XRP.
Not even Jed who co-founded Stellar has that much greed, jesus fuck. You pajeets deserve to get dumped on by rich kikes

>>10874188
>the only centralization
lmao, you are ignoring the proofs of stellar being centralized
and still didn't point to brad's adress holding 10 billion xrp tokens
>Not even Jed who co-founded Stellar has that much greed
jed left ripple because he couldn't have his 80 billion tokens he wanted, and now he is trying to imitate xrp

>>10874212
jed left ripple because he couldn't have his 80 billion tokens he wanted, and now he is trying to imitate xrp

Without the talent to do so as well. Ripple's programmers are god tier talent and SDF has what exactly?

>>10874212
>posting a random picture with no evidence or information
>SEE IT'S CENTRALIZED
lmao you retards get more retarded by the post

You want to see proof? Here's proof

>Cofounder and former CEO Chris Larsen, who stepped down in November 2016 and now serves as executive chairman of Ripple, has 5.19 billion XRP
>Current Ripple CEO Brad Garlinghouse owns a 6.3% stake in Ripple, according to a source at the company, and owns additional XRP tokens.
> and owns additional XRP tokens.
hmm I wonder how much the other board of directors have

>we have over 300 banks partnered up with us to use Ripple software
I mean the CEO Brad and Justin Sun are like a match made in heaven. These fuckers are good

>>10874270
>owns a 6.3% stake in Ripple
>and owns additional XRP tokens.
lol owns a 6.3% stake at ripple the company, not xrp tokens, you are one of those retards that can't diferentiate the ripple company and xrp (cryptocurrency)

Ayo Dogg let's get his party started

>>10874293
>lol owns a 6.3% stake at ripple the company, not xrp tokens,

>owns a 6.3% stake in Ripple
>and owns additional XRP tokens.

Please buy XRP

>cripple fanbois think they can change the name from Ripple the company to XRP the crypto and not get sued for breaking the law
top kek

>>10874314
>additional XRP tokens.
it doens't mean he has 6.3% of total circulating supply

>Former Superintendent of Financial Services for New York, Chief of Staff for Governor Andrew Cuomo, Co-chair of Governor Cuomo’s Cyber Security Task Force, Assistant United States Attorney for the Southern District of New York, and Chief Counsel to Senator Charles Schumer

So he's basically a piece of shit

>>10874333
I never implied that you retarded pajeet
Enjoy holding a coin where the CEO kikes have over 10% of the circulating supply. Lmao 1 guy has 5.19%
LMAO

>>10874341
>Lmao 1 guy has 5.19%
pffffffffff HAHAAHAHAHAHA
>1 guy in stellar has 80%

Jesus Ripple's Swell conference looks like.fucking trash. It's just the board of directors talking about shit. No partners or adoption proofs.

>>10874356
LMAO show the proof please?
At least with mine, I can actually prove it unlike your deluded theory

Enjoy getting sued and dropping below 0.25$ support line

>>10874356

>1 guy in stellar has 80%

Why do you lie? Why?

The SDF controls the majority of the coins and is already dispersing them. The SDF is not Jed.

https://www.stellar.org/about/governance/

Read up fag

>selling a non-SEC registered token every couple of months to pay for the operations of the Ripple company
>totally decentralized and absolutely not a security btw
lmao

>>10874370
https://stellar.expert/explorer/public/asset/XLM?filter=asset-holders
unlike you, i can provide ADRESSES
1 adress holds 43%
and the other 2 hold the rest of the 80%

>>10873687
Nice cope.

>>10874403
>unlike you, i can provide ADRESSES
lmao you retard, the CEO's already admitted how much they have. Do you think they'll have 5.19 billion XRP in one wallet? No those crooks are trying to make money off u brainlet pajeets.
Cripple is for-profit company. Stellar is non-profit company. Get that in your head.
>1 adress holds 43%
and the other 2 hold the rest of the 80%
huh... do you even know how Stellar works?
read you retard >>10874393
https://www.stellar.org/about/governance/
Ironically enough, they're not even doing that roadmap anymore because they don't need that much attention anymore. They're just going to give it to people who make services

soo no more partnership hypes and only factual work.
Cya cripple fanbois later, you'll be 6 feet under lawsuit papers by the time it's December

>>10874406
the only cope is +zMTX1wv and this >>10873901
>>10873932

>>10874436
>huh... do you even know how Stellar works?
lmao. you can use any wallet adress explorer and see by yourself that 3 wallets hold 80% of the supply

>>10874465
>https://coinmarketcap.com/currencies/stellar/
Yeah I know it's amazing how math works right? There's more supply in escrow with the SDF than there is with Cripple company
how butthurt are you right now?

>>10874466
literally the graph of every single crypto in 2018

>>10874472
>There's more supply in escrow
lol stellar doesn't has escrow functions you retard
>more supply in escrow with the SDF than there is with Cripple company
lmao
>braging about being centralized

>>10874474
>literally the graph of every single scam crypto in 2018
ftfy
and yeah I agree. Fucking 99% of crypto was scams.
I hope you didn't fall for the banking scamcoin

>>10874483
>17 posts by this ID
>FUDing Stellar when he doesn't even know that stellar has built-in escrow in its code
...right.
>braging about escrow
>complaining that it's more centralized now to have a bigger share in escrow than to not
lmao you hypocritical pajeets can't even stay true to your own logic because you have no logic

>>10874499
the stellar foundation holds more xlm than ripple holds xrp
>braging about it

>>10874512
>having a bigger escrow gets cripple fanbois trigggerd
lmao noted

Are you telling me the 55 billion XRP escrow is actually in the hands of the CEO as well?
Wouldn't that make XRP more centralized than XLM?
lmao wtf you're not even making sense anymore pajeet

>>10874522
you are saying that having a lot of tokens on hands of a few is good, gtfo, retard

>>10874523
LMAO you said that about escrow you pajeet
You don't even know what is true or false anymore

Chill out with the FUD before you go insane

Are you telling me the 55 billion XRP escrow is actually in the hands of the CEO as well?
Wouldn't that make XRP more centralized than XLM?

>>10874541
no,
xrp:
55% of the supply on the hands of the board of directors of ripple the company which has it locked for 55 months
xlm:
more than 80% of the supply on hands of the founder and his girlfriend, which can be dumped at any time since stellar doesn't has escrows

>>10874566
> since stellar doesn't has escrows
Yes it does,
>https://www.stellar.org/developers/guides/walkthroughs/stellar-smart-contracts.html
Enjoy reading the facts

Well since the board of directors has more than 10%, technically it will be over 65% in their hands. Who knows how much more is actually split amongst the board of directors. It could be MORE

>hands of the founder and his girlfriend,
No it's not?
You have already been proven wrong and told to read the information more than twice by other posters
Here's the link again FUDster >>10874393

For-profit Cripple doesn't operate like Stellar and thus the people behind Stellar aren't trying to get rich off having Clinton or Snoop Dogg market their shitcoin lmao

>>10874580
xrp is better in every way, i dont see what is the point of all of it
>but xlm has it too!!!
xrp's version is much better

>>10874599
Sad cripple baghodler. You can't bargain out of this one
Stellar was directly created to fix Cripple's problems

Enjoy the lawsuits and your crooked CEOs who literally hold more than 10% of the circulating supply and never registered with the SEC while they sell their 'asset' to investors to fund their 'operations'

>>10873687

I stopped giving a shit a out coinbase when Uphold launched. Combined with all the other platforms breaking coinbase's stranglehold on entry into the crypto market I'm gonna laugh as it crashes and burns because they were too fucking stupid to listen to customer demands.

>>10874623
stellar was created with a sjw, bank the unbanked, save africa, concept
not to solve any problem
brings nothing new, and the tech is inferior

>>10874653
LMAO
he brings back years old FUD because he has nothing else

What else? That people are going to see that Stellar 'copied' Ripple? Lmao you brainlets are literally inside of a Hindenburg and have no idea what is about to happen

>>10874660
>years old FUD
>still in https://www.stellar.org/
it is a copy and everyone knows that, 1 search on google to find out

>>10874690
How is it a copy when they're actually 2 different types of code?
Lmao you cripple fags want to believe anything

>buying cripple coin

>>10873713
>coinbase matters just look at what happened to Eth classic
>ripple is a security

>>10874879
Whatcha trying to imply there anon?

>>10873730
>Star Fox 2 on SNES

FUNny that you would mention Star Fox

>>10874879
not a security

no evidence that it is a security
no evidence that it's treated as a security
no evidence that any govt anywhere regards it as a security

this is the weakest fud on the planet

>>10873687
just became a ripplemarine, i'm going to be rich!

Isnt there an ongoing investigation against jed mccaleb and karpeles?

Doesnt jed have like 50 k BTC to dump on buttcoinbagholders WITHOUT RESTRICTIONS?

isnt he responsible for MT,GOX and fake volume ?

Hmm ive read that there is an arrest warrant for mcaaleb in Japan... i wonder what's going to happen next to the "stellar ("foundation") "non profit" right guys ? Lololol

>>10875142


Stellar bagholders trying to breathe lmao

>>10875142
>Isnt there an ongoing investigation against jed mccaleb and karpeles?
is there really? Link lol

... huh yeah nvm go back to your pajeet blog and theories

>>10875346


But but stellar is legit. .... right guys? Right? Non profit guys right?


https://courts.ms.gov/newsite2/index.php?cn=87490#dispArea

Documents include the deposition of McCaleb, emails, and a chat log betweeen Karpeles and McCaleb.

The lawsuit concerns the theft of 9400 BTC from a user’s MtGox account, the subsequent reentry of the coins into another MtGox account, and the representations made to the account holder as to the return of these coins.

The documents provide history of hacks and thefts in 2011, as well as the deteriorating relationship between McCaleb and Karpeles.

>>10875020
>being this illiterate

>>10875362
Mccaleb wasn't even in control of MTgox when he sold it Karpeles
kek

>>10873703
Cope.

>trying to pin against the developer instead the fat guy who bought it to launder money
Kek
Lots of retards today

>>10875483
Yah he sold it then scammed everyone with a back door what’s hard to understand about this

>>10875516
He sold it to make Ripple you fucking ass wipe

Deluded cripplefags are so pathetic. Literal subhumans who have no respect for the guy who practically created the Ripple software

>>10875534

>I don't do actual research, I just listen to pajeet blogs who connect the magical dots

>>10875534
>practically created the Ripple software
If by practically created you mean he hovered over the programmers who actually created it ok

>>10875574
Only a pajeet would believe that.
Kek, go figure

>"my shitcoin will be listed on Coinbase"

Is it 2017?

>>10873713
This guy is in fantasy land. Probably trying to accumulate more xrp, but also completely removed from the actual pulse of the market.

>ETC has been skyrocketing since it got listed!!!!!

>>10873754
And I’m claiming you’re a shit munching retard. Anyone can claim anything. I can’t wait to fucking laugh at you and your kind.

>>10873777
Slowly as (and you already know this) he is contractually obligated.

XLM is a crappy store brand knock off.

>>10874030
More decentralized than BTC, and way more than stellar

Xrp is a joke, it will never be used.
Most of the people with money in xrp don’t even know what it does, which is nothing.
You can use the ripple network without using xrp.
Oh you want a ‘wallet’ give us 20 xrp.
Just do a quick google, see how pointless it is.

>>10875724
this is why you will never be rich anon

>>10875640
But you are denying that it's even a possibly....It just shows how much research you have done...don't believe the pajeets on here

>>10875724
You are literally a pajeet.

>>10875746
Yes sir, no sir, it is still a possibly sir.

>>10875889
Great, now you agree it is a possibility sell your XRP as it is just risk at this point...You can buy back in after the case(s) have settled. Can't see any 'investors' buying XRP right now as it just risk. Not sayin for you to not participate ever, just buy back in when things are more certain... you can still get in on the price positive movement.

>>10875948
Hang on anon I’ll open a frivolous lawsuit against stellar then you’ll have to sell until the lawsuit winds up right?

>>10875962
>frivolous
top kek

you need to leave this board and actually do some research! The XRP pajeets are so new & arrogant, don't believe them.

>>10875724
You can't use the XRP Ledger without XRP. Ripplenet, which is the regulated payment network replacing Swift, can be used without XRP. It would be idiotic to force banks to use a cryptocurrency, but they will have the ability to do so when it makes sense.

No one gives anyone 20 XRP. It stays in your wallet until a later date when the reserve is lowered.

>>10876011
Read the lawsuits they are completely frivolous.

XRP is sold under license to institutions under an NPA with the DOJ even now. Would the DOJ allow them to sell unlicensed securities?

Think anon think

XRP

Yeahhhh...

XRP.... XRP TO THE MOOOOOOOOOOOONNNNNNNN

>>10876221
>XRP is sold under license to institutions under an NPA with the DOJ even now. Would the DOJ allow them to sell unlicensed securities?

that is a expired agreement....

>>10876221
I do think Anon, I do, I also read

I have re read that doc...it don't mention about securities...it was about AML/KYC, the only thing you can really get from that is ripple were not in compliance and a fine had to be paid for the AML part, breaking the bank secrecy act...The NPA was abut the bank secrecy act not abut securities. Anywho it doesn't matter as it is expired!

This is the only 'evidence' you XRP fags use to prove its not a security...I suggest you read that doc a bit closer Anon. It is a negative doc against ripple, it shows that they have not been compliant in the past.

Security update bitches....


Need to read it first.
Seems like the case got dismissed lol.

Fucktards

>there are actual Ripple bagholders on /biz/

this always blows my mind. How could you browse /biz/ and still be stupid enough/ideologically retarded to shill Ripple? Get the fuck off this board you cockroaches

i will just leave this here

>>10877447
“NOTICE IS HEREBY GIVEN that pursuant to Fed. R. Civ. P. 41(a)(1)(A)(i), named-plaintiff Ryan Coffey (“plaintiff”), by and through his counsel, voluntarily dismisses without prejudice the above-captioned action (the “Action”). This notice of dismissal is being filed with the Court before service by Defendant of either an answer or a motion for summary judgment. Plaintiff has not been offered and is not receiving any consideration for dismissing the Action.”

The defendant volunteered for the dismissal...No reason was given. Ripple *could* have settled this out of court....

Still no evidence that XRP is not a security... pretty sure the other case(s) are still on going ahead.

>>10877497
>Thinking biz is a legit place to seek financial advice.

Hi new guy. You don’t know rule #1

>>10877510
Why would people FUD it so much? What does this mean?!

>>10878217
someone is paying pajeets to fud it