/biz/ - Business & Finance

>>16967819
>What do you guys think?
I think I bought this shit at a dollar in 2017 thinking it was a good idea, and it hasn't even came close since then.

>>16967819
Banks do not share money with public.

>>16967819
This will make it tank. If you don't understand why, you're fucking retarded

>>16967843
lmao what an absolute retard. Just imagine how many people would want to diversify their assets with crypto, but just don't trust them. By going public a lot of people are going to want to buy in, this is insanely bullish

XRP will flip BTC

10k XRP will make you a millionare soon

>>16967864
will i make it with 1k XRP?

>>16967819
CASH GRAB

You dummies - what happens when a company goes public? People exchange money for equity. Now the company has more more cash. What do they need more cash for? Is the question you should be asking.

>>16967864
>>16967882
I’m putting my money on it going up to around $2 each, but no chance it will even touch where BTC is in 2020 anyway.

It’s important to be realistic, fren.

>>16967908
i'd sure hope so, i'd likely dump at 30 cents right now and unsure that will even happen.

>>16967841

lmao this.

>>16967856
Those same people usually also want to make sound investments with companies that aren’t a laughingstock

>>16967819
>A few hours ago Ripple CEO mentioned he’s planning on taking the company public some time in 2020.

Nail in the coffin, XRP is a security.

English, motherfucker.
Fucking pajeet.
Please rope.

>>16967960

This is really stupid.

>>16967960
How would Ripple going public (selling stonks, which is a security) make their crypto a security?

>>16968314
It already potentially is. The XRP fags can't even accept its a possibility.

oh look, another clumsily veiled attempt at shilling XRP on /biz

I guess link shills have switched teams now

>>16968336
It's a possibility, sure, but I was asking how Ripple issuing a security that isn't XRP lends weight to the idea that XRP is also a security?

>>16968314
>How would Ripple going public (selling stonks, which is a security) make their crypto a security?

>>16968569
Please explain how XRP meets the definition of "common enterprise." The price of XRP is not intrinsically tied with Ripple as a company -- it doesn't represent equity in said company. The adoption of the coin would drive the price and Ripple could go bankrupt and fade away without tanking the price.

>>16968598
>Ripple could go bankrupt and fade away without tanking the price.

>>16967960

lmao who the fuck cares if it’s a security (which it already clearly is)? And how is that a bad thing?

>>16968640
Yes, if XRP is adopted as a means of exchange that is 100% accurate.

>>16968656
Is it's a security it represents equity in the company Ripple and can no longer fulfill it's original purpose of being a means of exchange. It is not currently a security.

>>16968673
IDK if anything in crypto is a security, ripple almost certainly is.. they have enough cash from 'derisking' to provide the most jewish lawyers in existence to argue on their behalf but I think the case can def be made

>>16967819
The coin will probably dump, but the shares will be huge someday. Invest in this company if it goes public.

>>16967843
>Will make it tank
No, it won't. You absolute retard.

>>16967960
>XRP is a security
By going public they make it even LESS LIKELY XRP is a security. You absolute motherfucking retard. XRP is not a stock. It exists outside of Ripple.

>>16968656
>It's a security
It's not a security.

The IPO can only help XRP, not harm it.

>>16968713
A case can be made that the commodity has been acting in the way a security would by providing funding to the company through the coinholders, but it still doesn't represent equity in the company itself. Those tokens were originally given away for free as a commodity well before a market price was established for it. The company selling those tokens into a market that arose independent of the conpany out of the commodity having been given away for free does not change the nature of the asset.

It isn't a security, and won't be ruled as such.

>>16967856
>diversifying
You mean investing in a company that has zero official profit apart from dumping their shitcoin on the market? Great investment idea, Anon!

>>16968659
he didn’t understand that ripple != xrp, hence his confusion. too bad he’s still opening his shithole nonetheless.

for all you brain fucked mongoloids, BG announcing he’d go public with ripple is the absolute most non-security-ish thing he could possibly do. that lawsuit which is ridiculous to begin with will be thrown out immediately once ripple went public, if not sooner, but likely just then. you faggots need to work on your comprehension skills if you still can’t fathom what’s been happening with ripple and xrp. you’re all gonna get dry fucked hard very very soon. this board has been telling you about what’s gonna happen for months and the closer we’re getting to the deadline the more obvious it’s getting. quite frankly you faggots don’t even deserve to profit from this. go jerk off to sergey, retards.

>>16969404
Further evidence we have a winner. Xrp is full of blithering retards that irrationally hate Ripple, and will jump on any news to bash them, even if the news is ultimately positive.

There is people literally frothing at the mouth on Twitter, that can't wait to bash Ripple. Hell even Shane Ellis himself hates Ripple, he's too smart for his own good. What a moron. Idiot. Fools. They can't see what's happening before them is a repeat of the dotcom boom.

>>>819164906

>>16967843
I am developmentally disabled. Please explain why uwu

>>16968775
lmfao tell me there's no expectation of return you dumb faggot

richard heart tier logic... xrp is a security, simple as

Im scared that xrp will never go up.
Are we still gonna make it, bros?

>>16969742
Pretty sure the mere expectation of return on part if the customer is not enough for a thing to fall under "security."

>>16969651
que?

>>16969814
YOU'RE GONNA MAKE IT https://www.youtube.com/watch?v=HszCHp01OQE

>>16968336
https://greater-fools.com/2020/01/01/xrp-and-xlm-centralized-inflationary-scam/

>>16970808
This is what happens when people lose money in the market. They call it a scam and dedicate entire blogs disparaging them.

Meanwhile Ripple is valued at 10bil. Lul

>>16970883

left-behind bagholders actively shill XRP to unload their bags.
XRP is at $10 will be valued at $200 trillion brainlet. Twice as much as fucking amazon.

>>16971866
just amazon, huh? got it, thanks pleb

>>16967819
>> im feeling bullish for an asset that has 60 billion yet to be distributed onto the market.

absolute retard.

>increases revenues by creating and selling more XRP to people

Biggest scam out there right now. Worse than Madoff.

>>16971866
>Can someone actually be this retarded?

>>16971866
Math is tough, it’s ok. An easy way to do multiplication, especially with something as round as 10 or even 100, is just to take away the zero(s) of the 10, 100, 1,000 etc etc, and add them to the other number. In this case, 100bil total supply times 10 is 1 trillion.

>>16970808
>taking investment advice from an article from some "who?" that posts pics from /biz/ as credible advice.

greater fools indeed

>>16972288
yeah and you probably hold link as well

>>16967819
I fomo bought a small stack at 3$ AMA