/biz/ - Business & Finance

XRP is a centralized shitcoin. Might as well use USDC or Tether. It doesnt grant the holder any special access to anything. Why own it?

>>12271706
Why do you think XRP should be priced at more than 15 billion dollars? Do you have any understanding of how to price currencies? Do you understand just how insanely high the demand for XRP would have to be to even just justify the current price if transactions will be as fast as Ripple claim?

>The banks always win!

>>12271716

quality thread OP, you fucking faggot

>>12271706
Xrp = vile jew sorcery

https://bitcointalk.org/index.php?topic=145506.0
>2019
>still parroting the same 2013 bs fud

>>12271727
>Do you understand just how insanely high the demand for XRP would have to be to even just justify the current price
just as high as they are now
otherwise the price would just plummet instantly!

>>12271774
I'm talking about the non-speculative demand, i.e. the demand for settlements. Most people who hold XRP right now are brainlets who have no idea how to price a settlement network. But feel free to prove me wrong: how did you go about pricing/valuing XRP?

Ripple isn't even a crypto currency. KYS, OP.

>>12271816
Says the uppity bitch who bleaches her asshole at home using Crest Whitening Strips and puts ketchup on her Filet Mignon. Ohh, this is too rich!

>>12271716
>>12271832
while true it's the one that the most normies seem to know about behind bitcoin. it's going to pump again whether that's good or bad

>>12271816
what makes you think the price would go down with current speculative demand + future settlements demand
it is a sum, why would more adoption equal to lower price?

>>12271835
Kek

>cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

>>12271832
yep, xrp looks like a crypto to me
why do you think it isn't?
is it always easier not to have your own opinion?

>arguing over who is #2

2nd place is just the first loser, anon.

>he actually got tricked by ripple's market cap manilpulation

>>12271706
XRP is a token, not even crypto. LMFAO

XRP is banker coin, you want to keep propagating a system that oppresses you?

sigh, Monero is the money of the people

https://youtu.be/FeNYjYA2lVg

>>12272033
what people meant is the fact that it is not decentralised defeating the purpose of crypto. Why recreate fiat when we already have fiat?

>>12271706
Ripple has no pow so it's much easier to pump.
Valued at the total supply it was first two times, did you know that?

>>12272312
it looks quite decentralized to me, pic related
what makes you think it isn't?
https://ripple.com/insights/the-inherently-decentralized-nature-of-xrp-ledger/
>>12272318
>Valued at the total supply it was first two times
i don't think that valuation was right
>it's much easier to pump.
that is fucking awesome, xrp pumps like an absolute shitcoin even with such high market cap

>>12271884
Because it's a high velocity token genius.

>>12272346
BECAUSE THEY CONTROL 60% OF THE SUPPLY.

XRPtards are the absolute dumbest mother fuckers on earth.
>b-but it's locked up in smart contract

But who put it there? Fucking idiots.

>>12271750
FUCKING ETH FAGGITS AND BTC MAXIS WILL NEED THE NOOSE WHEN XRP HITS #1

>>12271716
>muh centrawleyesayyshun
Came here looking for this low-IQ response. Was not disappointed. Never change, retards. It’s hilarious. Your posts will not age well.

>>12273499
FIAT is controlled by 1% of the population, go fuck yourself cunt

>>12271706
XRP is king. BTC and ETH faggot be gone.

>>12273544
>Imagine comparing real money to XRP.

HAHAHAHAHAHAHAHAHAHA

>>12273622


Imagine to want to replace money soooo bad but then this other coin pops up and steas your only usecase lmaoooooo


Suicides q2 2019

Lmao lmao lmao


Chink scam gonna die hard

>>12271706
>he still hasn't realized that XRP is a Jew scam
>he unironically thinks banks are going to pump his bags for him
This market can continue shitting itself for quite some time. 7/10 of the top coins are actual scams. The absolute state of crypto.

>>12273518
this

so this

>>12271706
Hesrd of Jed McCaleb's XRP wallet? Such an amazing coin you can get your XRP frozen anytime the central committee chooses to. Worthless piece of shit disguising as crypto

>>12273518
I have to agree with you, crypto seems to be full of low-iq retards that parrot popular talking points about centralization, forks, etc. Half of these people have never even signed a transaction or sent crypto off an exchange yet they feel entitled to an opinion.

>>12273848


>xrp is so fast it gets lost in a transaction

>xrp is so cold when it hears about jeffmccaleb it gets frozen because of the temperature

>>12271706
The volume says all you need to know. No one actually uses xrp. Eth and btc are like 5x the volume of xrp. I think someone even posted once that xrp has 5000 daily active wallets. It's literally just a coin with massive supply shilled by Twitter users to hold.

>retard doesn't realize XRP was number 2 for most of the time so it's nothing new.