/biz/ - Business & Finance

Leeeeeeeetssssssss gooooooooooooo!
This is one of my favorite things to post.

XRP is not the "network".

The banks don't want anything to do with the token. Can't wait to dab on you faggot when I buy some shares during their IPO and BTFO your XRP gains in 24 hours.

>>19277127
Implying we won’t also buy shares. You think ripple will be successful but Xrp won’t, pajeet?

>>19277174
You think ripple will be successful but Xrp won’t, pajeet?
Yeah, I do. Enjoy being dumped on by Jed.

>>19277127
this is fundamentally wrong SBI will be using xrp

>>19277174
>You think ripple will be successful but Xrp won’t, pajeet?

Yes, actually. Ripple's success is not inherently bullish for XRP. They've been dumping their coins to support the company. Plus financial institutions are way more interested in RippleNet.

>>19277211
this is inheritly wrong because xrp is what will drive up shareholder value, Ranjesh. Also once the IPO happens the largest OTC buys will become transparent

pro tip: its banks.

>>19277211
>>19277279
>dumping from either of those guys affect the price
retards, all of you

>>19277127
dabbing on you once when the gold standard is back nigger

*cucks link out of their partnerships*
>b b but R3 uses l l l link ;_;

yes, now hundreds of thousands of beaners can send their money back home and MoneyGram will be assured remittance is just as efficient as it was before, all while getting paid by ripple to use their service. really groundbreaking stuff you guys bought into.

>>19277083
Okay Ripplefags, why don't you give us real data instead of conspiracy theories about the government is secretly getting ready to pump your bags?

>>19277582
they can't lol, have you seen the YT channel "the bearable bull"? it's the most hilarious thing

>>19277582

ZEC fags get fucked. XRP has replaced you

>>19277626
Are cRipples a bunch of Qfags?

>>19277643
>date: Jan 2019
>xRapid
A little out of date there friend. I'm not saying I don't believe you about Partnerships™,but at what point does usage create a price floor? I ask because Bitcoin still controls XRP's price and we saw what happen when it dumped to ten cents.

>>19277582
https://utility-scan.com/#/dashboard

I personally hate the conspiracy theories. But try to look at it objectively. Ripple is in the best position for crypto to capture the remittance market and have already built the highways for xrp to travel. A third of the largest banks use xcurrent 4.0 which allow for ODL use. No other company has achieved so much thus far.

>>19277761
someone did math saying with ODL alone XRP can never go below 5 cents. Knock on wood

>>19277791
A source would be appreciated. I assume it's based on current volume, correct?

>>19277761
My personal thinking is logically ripple is in the best position to capture the lions share of remittances if crypto is adopted. Its blatantly obvious. The entire crypto sphere hates xrp due to its validation (ie. I cant become a billionaire from running a computer program). If you dig up some of David Schwartz discussions on reddit the verbatim plan is to get xrp adopted in countries with shitty payment infrastructure (we are here) which will give major banks no option but to use it in which the benefits of its use will shift the paradigm to full use.

>>19277822
one source of fud you will find from moneygram fud is how the xrp was gifted to them. This is true except they are still paying fees to ripple and also ripple owns a big portion of moneygram now.

this is a chicken and egg situation. You cannot have favorable regulation without trust (proven network use) and you cant have trust without regulation. The gifted xrp is to prove its track record for favorable regulation.

>>19277868
it so obvious why XRP + R3 Corda will be the only things adopted on a federal level; both American.
I dont get why people think the government would want anything to do with Russian tech at all. Its always been American first (with some Japanese). It would be an insult to have a vital part of our economy runned by a guy named Vitalik or Sergey. And /biz/ doesnt seem to get this. They act like the Cold War never happened.

Seriously, fuck off stupid rooskies

>>19277934
Link is a different animal all together and meant for a very different purpose. You cannot compare the two. For data api monitization Im all in LINK. Im also heavily in xrp as well for remittances.

>>19277785
Interesting. How does volume translate into price action? It can't possibly be as simple as the shills dividing the volume by available supply.

>>19277211
>Ripple will be valuable but it's main product won't
???

>>19278054
XRP isn't its main product you fucking inbred.

>>19277970
kek. Linkies always say that when their tech is made obsolete
Open Oracle comes out
>NOOOOO LINK IS COMPLETELY DIFFERENT
Corda
>NOOOOO LINK IS COMPLETELY DIFFERENT
no its not. With no collateral system, mixicles, t sigs or staking, LINK is no different than a plain JSON parser. And since Staking is confirmed not to come out till 2021, something like Mixicles is lightyears away. Its not a "completely different anime." You have just been kiked

>>19278019
well, the honeymoon phase is def. over and now its all based on utility. demand will need to drive up and larger amounts of money will need to be sent via ODL

>>19277698
They had it way back in 2017
It was called pathshuffle if you google it you can find a doc to some research


PathShuffle: Credit Mixing and Anonymous Payments for Ripple - Privacy Enhancing Technologies Symposium

>>19278072
nigger this is my thread on xrp. and all u are doing is posting irrelevant dumb shit.

i swear the bell curve meme is xrp investors incarnate

>>19277582
ODL hits ATH every week and is on track to do 4-6 billion dollars of volume this year, which is a massive increase from last year. More banks and financial institutions being onboarded every month. First blockchain firm to be made a member of the ISO 20022 standards board. Recently mentioned at the World Economic Forum and in the US Congress. There are plenty of real-world examples that show XRP is gaining traction, I should know, I post about them everytime I make an XRP Citadel thread. The problem is, people like you fucking ignore these facts and choose to attack schizoid conspiracy theorists because they're low hanging fruit.

>>19278072
you DO realize LINK and XRP are meant for two entirely different purposes?

>>19277920
>The gifted xrp is to prove its track record for favorable regulation.
How does being gifted XRP affect regulations any different than if MG were to buy it from Ripple?

>>19278054
Yeah, it's like the early days of Bitcoin where they would say things such as "I like blockchain but why do you need a token?"

>>19278140
hell yeah bro whats happenin? I made a bunker thread because I didnt see your threads anywhere friendo

>>19278155
>Yeah, it's like the early days of Bitcoin where they would say things such as "I like blockchain but why do you need a token?"

No one ever said this you faggot.

>>19277934
Based global politics sage. Imagine thinking the US Govt is going to do business on a platform like BTC (compromised by China/Iran) or ETH (Compromised by Russia, although with Trump's attempt to be more friendly with Russia, I wouldn't be surprised if ETH gets some adoption) when the project right behind the two in terms of market cap, with better tech, is American? Too many people here look at things in a vacuum here. They need to consider all the variables when we're talking about the future of finance.

>>19278148
XRP + Corda has endless possibilities. XRP can do anything it desires.
>smart contracts
possible with flaire
>privacy
already posted how Ripple recently added the function
>know more about XRP than you
wrong nigger. If its a bell curve, the non conspiracy fags are sub 100 IQ. The truth is XRP and XLM are capable of anything. XRP will be digital gold and XLM will be the digital dollar

>>19278155
moneygram being gifted xrp takes the possible risk of buying a volitile asset that up to that point had not seen heavy use by companies.

Kinda like "hey dude i made this cool tent that will keep you dry no matter what, use it for free and i will use your experience to prove to the US army they should exclusively use my tents"

>>19278210
then go make your own faggy q tard xrp nigger thread.

Also none of them have an oracle network or are an oracle network. And also no, codius is not an oracle network.

>>19278203
thanks, but the actual politics is obviously a lot more complicated
>NSA developed TOR for the Navy
>Bitcoin becomes the most popular currency on Tor
>Schwartz is ex NSA
once you start connecting the dots, things start to make a lot less sense

>>19278247
whatever faggy feature on LINK youre trying to straw grasp to is not needed with Corda.
>holds link
>makes XRP thread
sorry, i dont feel bad for mutts

>>19278273
XRP is for remittances as a transfer medium

LINK is an oracle middleware solution for smart contracts

you room temp IQ mongoloid

>>19278178
I usually make them later in the evening. This is good though, XRP needs more positive exposure on /biz/. Just discussion about what is happening on the ground with the project, and people can draw their own conclusions from there. Too many people here were burned in 2017, and they're impatient since other projects that crashed have made comebacks. People need to understand that this isn't the speculative market of 2017, there's so much realworld news coming out for XRP, that it's foolish to ignore it at this stage.

>>19278140
So we're looking at five to ten years for this project to reach it's goals?

>>19278182
This was a very real topic that normies needed explained.

>>19278071
Every service they provide is designed to be used with XRP. Without it, you lose the speed and scalability it provides. Just because some of their services allow the exchange of other currencies doesn't mean anything.

>>19278303
the IPO fud is awesome, what they dont understand is Ripple will have to disclose who they have been selling XRP to ie the OTC sales.

>>19277083
I truly hope XRP stays dead in the water for a while longer. Need to buy more.

>>19278351
yes also what fud niggers dont understand is that the valuation of their company is directly correlated with the value of xrp.

>>19278349
Yes, this is a long-term investment. 5-10 years, and Ripple could actually be the "Amazon of Crypto" that Brad Garlinghouse envisioned. The next 2-3 years will be very important in my opinion. The predicted economic crash could also accelerate things.

Someone give me the down low on the link/corda connection?

>>19278407
schwartz said himself that it cannot wait that long for adoption.

Look at the news we see today
Imagine what theyre not telling us

>>19278437
so both xrp and link will be used on the corda network (honestly the corda network looks dead in the water at this time)

>>19278380
It's also smart to have the option to use other currencies with their services
>Bank trials Ripple product
>Ran by boomers who are apprehensive about crypto, just want to use the fiat currencies they usually deal with
>Use Ripple Product to exchange these currencies
>Everything goes fine, trust in Ripple is built
>Become much more open to trying XRP to see what the Ripple Product is really capable of.
Ripple knows they need to ease the oldworld financial system into things

>>19278407
>>19278452
Coil + Wordpress

>>19278471
corda is a piece of shit and should die. they don't deserve to be involved with ripple. it's only bc ripple thought they needed their connections years ago and the old japanese man made them be "friends".

daily reminder that XR Penis suckers are the most delusional of them all.

>>19278482
fact is Schwartz is a guy whos been around since the beginning. He knows the market cycle. IMO theyre waiting till the late summer to drop some huge news.

>>19278452
Well that's why I think the next 2-3 years are going to be the real important ones, even if it's 5-10 years to see a huge return on investment (I'm talking like a 2-5 trillion dollar marketcap). Ripple needs to be on the frontlines for what's to come when the economy starts to really shit the bed due to the virus. Stocks going up while more people get laid off and money printer keeps going brrrrrrrrrrrrrrrrrr cannot be sustained for long, I just don't fucking believe it.

>>19278532
They also have millions to grease wheels and palms to get it done.

>>19278471
There was "news" that Brad accidentally hot mic'd his intentions to buy the Corda network, after a CNN interview. But I've never been able to find actual footage of it. I think it was fake news, but I still ask on /biz/ if anyone saw the interview where it happened.

>>19278551
corda is worth 0 nobody would buy that POS

>>19278437
I will give you all the info on why deluded linkies think Corda is in anyway involved with them
In january 2018, Corda came out with a graphic design for how the settler works that used white hexagons as oracles. This was before Links current blue hexagon design and theres a good chance chainlink stole it from Corda
Then Corda "partnered" with Consensys (really consensys asking corda for help). Linkies thought because consensys likes chainlink this means corda would use link too. (wrong)
Low and behold, this "partnership" with consensys ends this month; meaning Corda did not need consensys in anyway. Now Corda is "partnered" with Kaleido. And linkies think because kaleido likes them, Corda will be forced to use chainlink. When in reality it just means Kaleido can now use the corda settle as an alternative to shitlink
Oh, and in August 2019, a CL developer whose notorious for overblowing news (he said the google collab blogposts was an official partnership) said in an off the record chat that CL could be used with Corda. And linkies interpret this as an official collab, even though there has been no follow up to this at all.

Remember, linkies lie cheat and steal because theyre niggers.

>>19278504
t. accumulating FUDer

>>19278492
why the corda hate. What are you shilling as an alternative?

>>19278551
that was a coil article "joke".

>>19278583
Link is just a meme nobody unirocally believes in it.

>>19278596
xrp is fine on its own corda doesn't do anything incremental. if they want to use xrp fine but other than that they're worthless. they don't even have a token.

>>19278597
That's what I thought. Man, I really hope Coil starts policing its content. I hate all the pajeet fake shit that's on medium/steemit being touted as actual articles.

>>19278598
>>19278609
If were not using centralized oracles like Corda and we know chainlink is a meme, what will be used then? Just regular contractual json parsers?

>>19278632
kek

>>19278632
The only Schizo thing I sometimes want to believe is that Codius isn't dead. That being said, XRP is launching smart contracts on flare. I'm interested what their oracle solution is. I'm also curious about the origins of Flare Networks itself.

can't wait for the ripple chainlink partnership. the threads will gape biz's asshole forever and ever.

>>19277626
>watching youtube to get your information
literally ngmi

>>19277083

>>19278654
piss off troll
>>19278681
Flare is 3rd party. They can do whatever the hell they want. All they can do is Add to XRP, not take anything away.
As for Codius. It depends how much ownership Ripple has over it. If Ripple is 100% behind it, there probably wont be revival anytime soon. But if its open source, meaning someone like me could revive tomorrow, then theres at least sone chance it can be revived again

>>19278708
>the elites are still lying about XRP's capabities
fucking glow niggers. it produces people like the mETH head in this pic >>19278210

>>19278120
>Didn't refute a single thing he just said
LINKcucks on suicide watch.

>>19278708
literally adds zero information

>>19278708
>The incumbent will fight back against working with Ripple to save money
The beauty of Ripple is that their products can be used by any financial institution, big or small. The small institutions don't give a shit about the big ones, and aren't big enough to directly challenge ripple themselves. They are already starting to use XRP, and it's saving them enough $ to the point that they're starting to take business away from the bigger institutions. Now the bigger institutions have a choice. They can either spend a shitton of $ on developing some sort of walled off garden to compete with XRP, or they can just partner with Ripple, skip that, and get a better, more developed network to process payments and transfers on.

>>19278210
XLM is just a fork of XRP with no network and no usage. it's dead.

>>19278744

https://coingeek.com/ripple-ceo-and-co-founder-do-not-believe-in-xrp/

>>19278770
Adding to this. The bigger institutions have already realized this, and it seems like they're going with the smart option.

>>19278780
yeah because he's butthurt he got kicked out for having bad ideas

These threads help lighten the load on my 30k bag

>>19278780
>Jed Mcaleb
Isn't even part of Ripple anymore, and is the head dev of Stellar XLM, a direct competitor to XRP. Of course he isn't going to say anything good about Ripple or XRP. Your article provides no proof whatsoever of Brad not having faith in XRP. Why is the FUD so fucking bad, yet so high quantity?

>>19278808
also us is about to get fucking mad at china and bitcoin will probably be collateral damage while xrp is "made in america"

>>19278818
>direct competitor
LOOOOOOOOOL

>>19278754
>>19278757
>>19278770

Still holding xrp at this point is dumb as fuck

>>19278845
>unable to wait

>>19278845
by the way, 4chan is coil enabled while you are mentally disabled.

>not holding both LINK and XRP

They are a match made in Heaven. XRP runs face first into the problem of data quality for automated interbank transfers that are looking for equivalent exchange.

>>19278845
>Outing yourself as a charts gambooler
Okay

>>19278845
This is a paid pajeet shill thread

>>19278838
Well Jed thinks it's a direct competitor, so he isn't going to say anything good about Ripple, that's for sure.

>>19278896
>>19278927
>>19278940


Actually just someone who can see what is happening.


https://www.google.com/amp/s/cryptobriefing.com/trading-pair-paints-bearish-picture-ripples-xrp/%3famp

>>19278960
see
>>19278940

>>19278946
Ironically i am not. I make money from real investments like pic related

>>19278960
>Ignores reality in favor on chart analysis
Jesus Christ

>>19278845
>weeeeeee line go up durrrrrrrrrr
pic related, trying to find your brain

>>19278995
Charts reflect reality.


Gee what is better up 200% or down 50%?

>>19279021
So I should buy a meme that is up 234% instead of a coin that's down 50%?

>>19278622
xrp twitter and youtube is horrible as well

>>19278995
>>19278999
WTF there are actually people on this board who can use their brain? Jesus Chris I am impressed. Well done lads.

>>19279045
yeah, those are typically good buys. People have bought oil stock when it crashed.

>>19279021
KEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEK

Fucking retail Investor archetype

>>19277083
XRP is trash

>>19279135
Nice airtight argument you layed out

< read and save

it finally hit me.
XRP pretty much bottomed out at 20 cents.

20 cents

in the year 2020

20 20 20

>>19277083
Fantom has more banks than XRP and it solves the R3 Corda problem. LMFAO if you buy XRP you are a dumbass.

>>19277279
>>19277472
>>19277582
>>19277643
>>19278504
>>19279135

You’re a bunch of fucking parrots.

>HIRD DURRR ILL UPLOAD CP TO RIPPLE...HIRR DURR ITS AGAINST THE WHITEPAPER TO BE WORTH OVER .50

Mcfucking killyourselves

>>19279392
yeah it looks like sub .20 cents wont happen.

>>19279466
proof of this (i bet there isnt)

>>19279392
>bottomed at .20

Ummm

>>19278939
>They are a match made in Heaven.

>>19279021
>Charts reflect reality.
lmao

>>19279890
this unironically

>there are diversified mutts itt that mix their Zerps with their Links
>they dont see the contradiction
i could understand if you held XRP and XLM, but otherwise mutts need fuck off

I read this entire thread and 90% went over my head.. just getting into crypto. Sounds like xrp is the future, what kinds of gains can we expect in the next year or so?

>>19280131
1000% at least.

https://cointelegraph.com/news/trumps-fed-nominee-advocates-a-gold-backed-currency-even-a-crypto-one the happening will be this year

>>19277083
banks dont use that shitcoin

>Ripple is interesting in that it’s the only other system that does something with trust besides concentrate it into a central server.
>https://nakamotostudies.org/emails/satoshi-reply-to-mike-hearn/

>>19280219
the guy who predicted the gold standard revival is here >>19277394
and he said XRP is set to moon between July 4th and "2 months before the election"

>>19280410
Moon to what?

>>19280463
2000+ retard read the post

>>19280463
The latest hopium number is two thousand per XRP.

>>19280032
cry more lil bitch this is my thread and if you dont like the "brand" then fuck right off

>"hurrrrrrrrr this isnt my specific crypto brand and urrr a mutt"

You are literally on a level with niggers ooking and eeking over their shoes/ sportsball team

>>19278771
Umm..actually if you actually checked the stats instead of pulling shit out of your ass, you'd see xlm has twice the daily transactions of xrp. Not to mention smaller supply and no Jed market selling every month. I wouldn't buy either of these centralized shitcoins though.

>>19280549
>more transactions = good
LMAOO

SINCE WHEN DID BIZ HAVE PRO XRP THREADS

WHAT IS THIS PLACE COMING TO

FUCK XRP THIS IS A FUCKING SCAM YOU FAGGOTS!!! MORONS. GTFO OUT CRYPTO FAGGOTS!!!!!!!!

All i get from this is l should buy 1-2k and then stop reading these threads. Just to be Fomo safe

>>19280996
Why is it a scam?
>>19281032
The only smart thing to do desu. Could be betting on the wrong horse but what's a few hundred to be safe so you don't end up crying like a bitch in 3, 5 or 10 years from now? Nobody really knows for certain what will get adopted, all crypto is a gamble at this point anyway.

>>19280996
>FUCK XRP THIS IS A FUCKING SCAM YOU FAGGOTS!!! MORONS. GTFO OUT CRYPTO FAGGOTS!!!!!!!!
Literally seething desu.

>>19280032
>>they dont see the contradiction
that's literally the point, brainlet

>>19280996
IT"S A SCAM BECAUSE I SAID SO

>>19278054
Xrp the token you hold is not their main product topkek

>>19278155
>Yeah, it's like the early days of Bitcoin where they would say things such as "I like blockchain but why do you need a token?"
Aaaaaaand nobody ever said this because blockchain IS Bitcoin. Retard lmfao

FOMO'd into a 5k USD suicide stack due to schizto posting

>>19281599
I mean nows not a bad time it’s sitting at. Pretty low price. I’ve accumulated about 25k. Gonna get to 100k and forget about it

>Ripple chads

>>19282255
this, and it looks like whales are not letting this go lower. by TA standards it should have hit 15 cents

>>19282443
what?

>>19282443
>chain breaking
and you didn't include the Ripple Riddler in that?
https://youtu.be/Bg3ojzPQVtU?t=163

>>19282514
DTCC = Derivatives
Project ION = Crypto that will handle DTCC
Bearableguy123 said year ago "i on the prize"
Bearableguy123's calendar has a sun in May
Image from April has an eye looking at the Sun. Eye on the Sun
i on the prize
project ION

>>19282443
i want to believe

>>19282578
what?

>>19282578
sbi holdings already said they will be using xrp. Game set.

>>19281354
Yeah you’re right, but that’s like saying if Barclays has a token, or Microsoft had a token, or Verizon had a token it must be a scam cos it’s not their main product. People would fomo into that shit like crazy.

>>19282578
Kendra hill blog said ripple was in the game to handle derivatives etc, fuck that is actually quite big! Stuff from that blog is actually starting to happen.

>>19282904
SBI is good, but they're not a major player. They only have like 6 billion in assets. Meanwhile, their original parent company, Softbank, has hundreds of billions in assets.

How feasible really is $2000 per XRP? Seems kinda absurd considering the supply, that'd create a shitload of millionaires and billionaires, no?

>>19280493
>>19280494

Is that even possible with the amount of shares in circulation??? Wouldn't that break the exon?

xrp ruined my life

I think SBI is rushing US accumalators to get their XRP bags filled now. The riddler said XRP should drop some more, but how do we know adoption hasnt already began behind the scenes?

>>19283101
We literally simultaneously asked the same question! Freaky friday

>>19283101
Only about a 1000 wallets have more than 1 million XRP, which is a mere 200 k rn. If XRP went to $10 over night, not that many people would be as rich as you think

(i think $2000 USD really means $20.00 USD)

>>19283102
Imagine if the world had to share less than fifty billion USD for everything Ripple is hoping to achieve. It's actually pretty low desu.

>>19283157
>(i think $2000 USD really means $20.00 USD)
You mean it was meant to be a typo? lol
>>19283127
That's bizarre, it's a sign that we're going to be rich I think, must be.

>>19283119
wanna see something wierd, go to the imf's website and search xrp. There is one article that doesnt explicitly say xrp and it is about stress testing for banks published last year in september. Thats pretty wierd.

>>19283213
But max supply is 100 billion isn't it? Or will that be reduced cause of the burn rate or something?

>>19283241
Burn rate will definitely be a factor, but unless the validators agree to modify it, it's supposed to be relatively minimal. I really would like to see how much XRP would be burned a day in a world where it has achieved its goals.

>>19283241
That plays into it but half is still locked up in escrow and will only release one billion per month. Even if Ripple already has them sold or allocated it will still take years for all of it to potentially hit the market. Things should already be moving in a big way by then.

this song keeps playing in my head recently whenever i check out the latest XRP news
https://www.youtube.com/watch?v=NDnBfPUCm4g

>>19283261
>>19283266
So would $2000 actually be possible? I'm not really sure I buy into these LARPs everyone keeps posting desu, but then you never know. Seems a bit soon for a jump that high, but then if the world economy took a massive shit and they actually did adopt this backed by gold then I dunno, I'm thinking it might be possible..

>>19277626
My dad listens to this faggot. His voice is fucking awful and his information is a bunch of longwinded mazes that could be better summed up in 2 sentences.

>>19283493
agreed, its too fucking much. I hold xrp but will have solace if it tanks so faggots like him will have their mouths shut once and for all.

>>19277083
Legit question here.

What does "being used by financial institutions"? I feel that its simply a meme to drag in the normies.

Can I go to a bank associated with Ripple and get a wallet?
Can I exchange funds for ripple in the financial institute?

>>19283451
There would need to be a Bretton Woods-tier revision of the global monetary system for XRP to ever go to 2000. I personally don't see it happening, but I also don't think it's as crazy as it appears. I think the predictions of like 50$ are much more realistic, but I don't really like playing the price prediction game in the first place.

>>19283451
>So would $2000 actually be possible?
Easily. The problem is everyone keeps trying to make failed timeline predictions and are underestimating how long it takes governments to move on things.
https://medium.com/@mark_91397/xrp-was-designed-for-10-000-3ed98fadf92e
https://www.youtube.com/watch?v=sFX1d7Si3mA

51k XRP chad here. When that ODL goes mainstream and the federal reserve adopts if for moving money across borders I'm gonna be using 100 dollar bills to wipe my ass.

>>19277083
and the price is 19 cents LMFAO LMFAO LMFAO

>>19283524
What you are describing is consumer-facing use. XRP is not for that. XRP is for exchanging between different currencies. Institutions use it to move money, not individuals.

>>19283526

Uuuh, a new Bretton woods is coming possibly this year as the USD will lose #1 status soon

>>19283524
ODL now lets financial institutions use xrp without having to hold it. This short term saves our ass while waiting on regulations for banks. ODL seems to be doing good things in Australia.

>>19283662
>>19283526
He wouldn't have made a statement like this unless it was already in the cards. You also know it's planned because Trump didn't get on twitter to raise hell about it. Normally he would insult you and your dog for something like this.
https://www.theguardian.com/business/2019/aug/23/mark-carney-dollar-dominant-replaced-digital-currency

>>19283570
>haww hawww hawww look it what I dun posted in this here exsoarpeee thread!!!!

neck thyself

>>19283602
this

Its quite simply a transfer medium that will require a higher base price as more money is moved through it. Its appealing for banks to use it since its cheaper and faster than current banking and people in the know (bankers) can buy it up cheaply now and set themselves up nicely later.

>>19283704

Right, it's also why they are toying with negative rates, which will cause maaicen flight from the USD..they are trying to kill the dollar

So is the idea XLM is going to be used for everyday purchases then?

>>19283833
no, they wont get rid of the greenback for in country purchases. US needs to act quick to control xrp though if they want to keep hedgemony.

>>19283704
>Bank of England
Funny that they're involved in that article, they just recently published their results of a test pilot with XRP, and it checked all their boxes.
https://www.bankofengland.co.uk/research/fintech/-/media/boe/files/fintech/ripple.pdf?la=en&hash=75E5F445230B8A2B794C208D29619A3E33F1FFE7&hash=75E5F445230B8A2B794C208D29619A3E33F1FFE7
They were testing it to replace their global real time settlements system. It seems to be the only real crypto currency/company they have done a trial with.

>>19283786

*massive flight

>>19283851
>they wont get rid of the greenback for in country purchases
That's what the digital dollar is for. Every country will have their own currency but XRP will be the level playing field between them so there is no more abuse of the world reserve currency status. Ripple has already met with the White House.

>>19283862
shit I forgot about that. Future looks brighter everyday!

>>19283919
I am eagerly waiting to see which government will be the first to operate a validator.

>>19283976
The SEC already said they do. They run nodes for other cryptos too.

>>19283919
Can you provide proof that ripple met with white house?

>>19283763
100% this. Although I'm not sure they would even hold xrp. They will just go in and out of xrp whenever they need to transfer money and assets

>>19284107
>Johnson further states:“… so from a foreign-control aspect or from an environmental aspect, XRP is a very different beast. And in conversations we’ve had with the administration, they seem to get that and think that might matter.”

There was also something on the White House schedule once that had Ripple meeting with at least Mnuchin.
https://www.coinwire.com/trump-officials-formally-meet-ripple
https://www.forbes.com/sites/billybambrough/2018/10/16/chinas-bitcoin-dominance-is-worrying-trumps-white-house-and-pushing-it-toward-ripple/#5953bd9e1a21

How much XRP should I have to not kill myself in 3-5 years?

>>19284209
where it gets fundamentaly obvious is greed

> hey banker dude buy this token for .20 while we pay people to make stupid court cases and fud the product for speculators and just change your mind and use the product one day and you will have stupid money for little cost

>>19284288
10k

>>19284288
I'd say at least 50k at these prices. I'm personally gunning for 100k.

>>19284289
>buy crypto for <.20
>declare it to be worth $2000+
good point

>>19284328
ripple has done all of the heavy lifting. i may not know the inns and outs of banking but I do know how this shit goes
>amazon will be worthless dont buy it goy!
>google will be worthless dont buy it goy!
>bitcoin will be worthless dont buy it goy!

israeli behind the lawsuit
https://www.coindesk.com/combined-class-action-lawsuit-against-ripple-moves-to-federal-court

>>19277394
XRP burnrate can be set to anything even zero, it's currently 10 drops to combat spam on the network.
XRP burnrate can will also scale with the network to always ensure the cheapest price.

the higher the price of XRP the less it has to burn. XRP will not be replaced, it will be DIGITAL GOLD and only for the elites. XLM is for the masses and is DIGITAL SILVER

I hate XLM because its founder Jed mccaleb is a member of Lucis Trust.

Ironically The Beast system they created to enslave us all will eventually be turned into a weapon to bring down the best and the people who tried to enslave us.

>>19284325
How much you stacking atm? Gonna drop another 400 dollars next check. Hope senate compromises with some sort of hazard pay because it so I’m gonna be dropping a few grand

huh? wierd.
https://cointelegraph.com/news/israel-financial-services-firm-gmt-joins-ripplenet

>>19284325
>I'd say at least 50k at these prices. I'm personally gunning for 100k.
I don't know if I can justify to myself putting that much money into this personally. I do believe though that there will be mainstream adoption of this but I just don't know to what extent or when, but the way the global economy is going and some of the things I've read make me wonder if I might be missing out on a genuine financial revolution, I mean it is the only thing that scales, it's fast, banks are already starting to use it, I don't want to get suckered into the $2000 price prediction LARPs, but you think 50k is a suicide stack? So you don't believe those kinda predictions either then? I could see it going sub $100 eventually.

>>19284411
>XLM is for the masses and is DIGITAL SILVER
I always thought this was a gay analogy, especially when Litecoin was pushing it. Why would there even need to be a digital silver when the normies will be using the digital dollar? Also, Jed was all over the place with the total supply which makes it sound like he didn't really know where it was going and that reminds me of the stories about his bad ideas when he was at Ripple. If I'm missing something about XLM please let me know.

>>19284458
50k isnt a suicide stack. personally my make it money is in LINK. if xrp manages to double its last ath or hit 10 bucks. 10000 x10 is 100 grand. That IMO is a suicide stack.

>>19277083
Reminder that the price could stay the same or even drop and it will still be useful for remittance
This has zero connection to value
Most likely it will never rise in value because Ripple purposely deflates the price in order to make it useful for payments

>>19284493
jed burned half of the supply. the shit is borderline laughable. Who wants an inflationary crypto when you can just use a cbdc?

>>19277211
>Enjoy being dumped on by Jed.
As per his contract with Ripple, Jed can only sell 10% of daily volume.

Why does a crypto that's apparently been dumped for years still exist? Who's been buying all this time?

>>19284538
wrong --------> xrpfud.com/gay-retard

>>19284538
So it's counter productive for XRP to have a higher price point if they want mainstream adoption of it?

Doesn't Stellar Lumens do the same thing but decentralized? Why not buy lumens instead?

>>19284458
Like I said, I don't think the $2000 posts and stuff are necessarily LARPs, but I'm also not basing my investment around them. If XRP goes to 50$ that's a 5 trillion $ marketcap (but this isn't considering how XRP's marketcap will be reflected by how how many people are actually selling XRP and not just holding, so 50k would be 2.5 mill before taxes.

>>19284411
>I hate XLM because its founder Jed mccaleb is a member of Lucis Trust.
prove this anon, I'm curious

>>19284589
There are resources out there that explain why market cap is a fallacy. Also, coinmarketcap.com was bought by Binance and will be basing fair market value off of liquidity starting next month. Changpeng Zhao is also buddies with Ripple and the XRP community picked up on that when he was in Liechtenstein.

>>19284571
Stellar Poomens is a spite-fork of the XRPL with zero partnerships, no development and no nothing.

>>19284571
You realize XRP is decentralized, right? But XLM also has much less adoption and big players involved with them. This is very much a market where first mover advantage is important. Ripple has great tech AND they're schmoozing with the bigwigs in washington and wall street. It's going to be hard to uproot the relationships Ripple is building, it's the same reason why SWIFT has been able to get away with using 50s era tech for so long. But it seems like SWIFT is having a lot of issues with getting ready for finance going digital, and TPTB are getting fed up with them. Enter Ripple.
>>19284538
Remittance market is 1trillion and growing. If XRP becomes the standard for remittances, it will need to be more valuable to handle the volume. We're not even talking about what the price will need to be to be the bridge currency for CBDCs.

>>19284589
>Like I said, I don't think the $2000 posts and stuff are necessarily LARPs
If you hang around the chans you tend to see a lot of similar archived or screenshotted posts here and there though, there's a similar one floating around /pol/ of some guy claiming to be tearaway Rothschild or an 'insider' to the elite, I dunno if you've seen it. Anyway I suppose it's the fact that literally anybody can come on here and start claiming to be anybody. People's imaginations run riot when they want to believe in something, although if rolls around to November about there's no huge pump then at least I can post it for a good laugh.

>>19277822
Do the math yourself you lazy simp

>>19278019
You can learn math on the internet. Has no one told you yet?

>>19284571
https://youtu.be/QUln6_1nDBw?t=782

>>19284493
Gold Kings currency
Silver Peasants currency

>>19284538
Ripple doesn't give a shit about remintines. Remittances and banking becomes obsolete with when you can transfer value as fast and easy as email.

Their goal is the Derivatives market which is 1 quadrillion + and can scale to infinity.

>>19278583

>>19283157
if xrp reached 3$ 70% would sell thinking they broke even or made it. the funny thing is after these flies are shaken off the real pump will happen and it will be instant.

>>19283241
XRP can be subdivided by 1 million Drops.

XRP will run out of supply due to burnrate if it was constant in thousands of years.
XRP can scale its burnrate, the only reason they have a burnrate is to counter spam on the network. if you want to spam the network it costs a lot of money.

To all those all in XRP to this point. Congrats. Sit back and watch

>>19277336
>Not normalizing your data
NGMI

>>19278999
>Line go down! its bullish as fuck! Better than up!

>>19285831
>durrrrr line go up huurrrrr i got dumped on again huurrrrrrr oops no usecase and no adoption durrrr
t. soiface.jpg

>>19285686
Remember there are 2 factions and there is a Spiritual war going on right now.
White hats and Dark hats

One path leads to the NWO microchip lucifer ruler of Earth
One path Leads to a New Golden Age of Prosperity and Peace

The Dark side wants you to accept doom and gloom and believe there is no hope just sit back and take it.

The Light side wants you to do your own research, become free thinkers and shine a light to the darkness.
People could have accepted bill gates talking about vaccinating but many people rose up and exposed him on twitter and social media.
There is an information war. The Human mind is the most powerful thing in the universe, Your perceptions can alter reality.

XRP will be used as the Trojan Horse to Destroy the Evil ones and expose them. Just as the internet was created for surveillance the people took control of it.
all it takes is for 144,000 people to accept a line of thinking and it will manifest into reality.
The Choice is Yours. Do you except that the NWO will be Dark and EVIL or will the NWO be their END.

There will be a level playing field and fresh new Millionaires and Billionaires with Agendas of their own that go against their plans.
The Federal reserve was opposed by 3 of the wealthiest people on earth at the time, they were killed by sinking the titanic and their wealth. this allowed the FED to be created. Imagine a whole new group of Millionaires and billionaires that will ussher in a new global age of prosperity by having agendas that overwrite the Luciferian Agenda.
by getting rid of shadow banking the Luciferians have no power and have lost all Financial means to oppose anyone.

What made you believe for a second what a rothchild or a deranged lunatic who wants to create a city that does not tolerate "Negativity" has to say.
They give you small crumbs of truth but their goal is to manipulate your perception.

Remember that Lucifer is struck down in Revelations and in the end
GOD WINS

Baba cucks told me 2000$xrpeepeeee yeeeiiiii my 200 xrpeepee will make me a milonaire sire! Rasheesh plis buy buy 2000$ xrpeepeee


Who fucked the cuck in the head? And bg123 is ficking lying to you dumbfucks -95% LOSSES FOR THE CRIPPLECOINKEKS LISTENING TO BG123 AND BABAKEKS

>>19284411
>Ironically The Beast system they created to enslave us all will eventually be turned into a weapon to bring down the best and the people who tried to enslave us.

THIS

THIS

THIS

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