[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 45 KB, 696x449, Ripple-XRP.jpg [View same] [iqdb] [saucenao] [google]
14458927 No.14458927 [Reply] [Original]

what are your EOY predictions?

>> No.14458937

TA FAG here 6 cents

>> No.14459089

.47

>> No.14459134
File: 208 KB, 327x316, 1561352695347.png [View same] [iqdb] [saucenao] [google]
14459134

>>14459089

>> No.14459212

>>14458927
$1000 EOY is FUD

>> No.14459246

moneygram = nothing

13k BTC = nothing

BTC sneezes and drops 5% = XRP FALLS FOR EVER WHY GOD WHY!??!

>> No.14459288
File: 446 KB, 848x556, 6FBE0C7F-5F93-49E3-B8AA-9088142D232D.png [View same] [iqdb] [saucenao] [google]
14459288

>>14458927

$10

>> No.14459522

>>14459246
XRP is a painful hold

>> No.14459646

>>14458937

Lol you must be really really bad.

>> No.14459667

>>14458927
thinking about turning my stacks into LINK
but what if i do that and tomorrow XRP moons?
what do...

>> No.14459712

I remember reading an article somewhere that the founders and ripple foundation own like 60% of total supply of XRP, and that they are have repeatedly dumped large amounts of tokens onto the market. I would stay far away from XRP.

>> No.14459774

>>14459712
well fuck.

but also thanks

>> No.14459885

>>14459712
The entire amount is in an escrow, which releases 1 billy XRP every month. Part of it gets sold OTC, while less than 1% of daily volume gets sold on an open market to fund Ripple's expansion efforts. The remaining amount goes back into the escrow, and gets locked up for something like 55 months from the date.

You can debate either way whether this setup is helping Ripple and XRP grow long term, or whether this is a horrible way to run things.

>> No.14459935
File: 7 KB, 249x202, 149239872948.png [View same] [iqdb] [saucenao] [google]
14459935

>>14459712
that's funny cause sergey owns 65% of link

>> No.14460045

>>14459246
>>14458927
XRP is cursed by fag pandering. They're trying to do what the big successful corporations do by pandering to fags, but the problem is, they're not big and successful, so they can't get away with it. So their entire twitter feed is full of people just shitting on them for being faggots.

>> No.14460425

$589

>> No.14460889

>>14459935
>fidget spinner bad