/biz/ - Business & Finance

>>19236906
bump

>>19236906
Larp detected

>>19236994
wtf I'm larping as a noob? So I'm secretly an expert? Lmao

>>192370796
A noob coming to 4chan about xrp lol ok

Their partnerships and use case distinguishes it forms other assets.

>>19237079
A noob coming to 4chan about xrp lol ok

Their partnerships and use case distinguishes it from other assets.

>>19237177
I come to biz almost exclusively to the /pmg/ threads and I'm still not convinced that crypto isn't just meme money. But I've overheard stuff at my workplace that made me curious about this one in particular

>>19236906
First of all xrp has billions of tokens.The price is low because it's not scarce. primarily used by banks to transact large sums of money in seconds.

>>19236906

>>19237273
isn't that what the SWIFT system does, and one of the main problems with bitcoin, ie, that the transactions take too long and aren't really practical? That was my understanding by 2017, but I must admit I didn't read a lot about it.

>>19236906
XRP is a coin that transfers millions of dollars from crypto noobs who think the low token price means it can moon easily to the Ripple foundation which controls half the tokens and dumps them nonstop

tldr scam

>>19237405
Fud will not break my hands I’m not weak
>>19237326
Xrp settles in four seconds and is on demand liquidity. Ripple it’s self is faster than swifts out dated tech.

>Meanwhile /biz/ keeps sucking sergay's cock when he owns 650 mill of the 1bill LINK supply
Ripple while only hold 5% of XRP when it's all said and done

>>19237467
Yessir I love how the link marines talk shit about ripples coin dumps but sergays dumping 2m worth

>>19237405
is it? I'd say that looking at this graph dispels moon illusions for everyone. Then again, I'm not really a connaisseur of the crypto market.

>>19237457
how is SWIFT tech outdated? Legit question, I was under the impression that it's still widely used

>>19237231
quick run down on what you heard?

>>19237560
You are using a gamboolers mentality if you think charts fucking matter. Look at all the banks starting to experiment with Ripple, do the math.

>>19237326
Swift is a Messaging Protocol similar to Email developed pre-internet in the 1970's.

Ripple Ledger is a Liquidity protocol allowing you to transfer any type of value. the
"INTERNET OF VALUE" or the 4th industrial revolution.

Under Email there is nothing stopping you from making a copy and sending it to thousands of other people but this is what ripple has fixed.


>>19237405
Ripple doesn't "Dump" tokens they sell tokens to pay for their business, employee's and to create Use cases for XRP.

Ripple is an American company based in California with branches in over 50 countries.
Ripple sells XRP to seed projects for example Through Xpring.

XRP is being adopted by Every Crypto exchange to be the base pair because it's the easiest, fastest and cheapest to exchange, Through the last bull run websites like Shapeshift struggled to provide good customer service this will not happen again with XRP as a base pair.

>>19237506
Things that make you go hmmmm. Also people constantly talking shit on xrp. Nobody cares that much about trying to help others in this space. It's like there is a determined group who are trying to convince others that xrp is not worth owning when in actuality it is quite the opposite

start here
https://fudbingo.com/
then research XRP on reddit and the biz archive

>>19237405
fucking reddit spacing gtfo norman

>>19237573
I didn't hear much, but I did overhear my boss talking about it. It's all I'm gonna say. I hope you understand.

>>19237600
dude I don't know shit about this game, it doesn't matter what I think. But I don't even doubt that this is the mentality of a lot of the people who are in the crypto "business"

>>19237326
XRP has a built in decentralized Exchange.

This allows you to send Bitcoin through the XRP Ledger in 3 seconds and at a lower fee then if you sent it over the bitcoin network. essentially XRP is the lightning network for bitcoin ironically.

>>19237646
hmm I think I see. So if I get this right the only thing preventing XRP from replacing SWIFT is its adoption by users, who in this case are banks / financial institutions etc. Bearing in mind that I worked for a relatively big bank not that long ago and they were still using COBOL, I'd say that might take a while

>>19237718
does this imply that what gives value to XRP is the ledger?

>>19236906
589 EOY

>>19237848
currency?

>>19238099
Yeah it’s a meme though

>>19236906
Internalize this.