/biz/ - Business & Finance

>>20494318
>acuring

>>20494318
>I work for a hedge fund

>>20494318
>26k XRP

Welcome my fren. You have finally seen the light. XRP has extensive connections and will be a digital vehicle of value in the future of the remittance market. The thing is, what we see openly is only a fraction of how deeply XRP is really integrated i to the world financial infrastructure.

>>20494318
insider here

Time for a small update - central banks, FED, etc. want nothing to do with XRP, they like the concept but will do their own thing.

Things are going to change in ways most of you can't yet imagine, but XRP will NOT be a part of anything, in fact none of the currently existing crypto will have anything to do with anything.

Sorry. Plans change.

P.S. Get your shorts ready because tomorrow is going to be epic

>>20494631
Nah that’s impossible, it’s already been stated for years that they’re looking at the private sector because they have no time or funds to make their own shit. Nice fud though.

>>20494631
Whats going to happen tomorrow? Some anon said 3 days yesterday that crypto is going to literally implode.

>>20494700
not happening, sorry. They have been preparing for years and XRP just wasn't picked. The tech will be used to some extent but a completely new system is being deployed as we speak. Thanks for playing though.

>>20494727
very likely it will start it's death spiral tomorrow. The big boys have had enough of amateurs trying to wrestle in on their centuries old racket, so that is that.

>>20494810
Long nose tribe come to bash grugs?

>>20494781
Think i will hold onto my bags regardless. Might buy some more depending on some things.
>>20494810
Why tomorrow? Why not today?

>>20494843
it is much more complex than that

I can't go into much detail, but you'll see when things start happening. It isn't going to be pretty for most, but then again the plebs are always just cannon fodder, one way or another

>>20494863
tomorrow the q2 reports will start a market wide dump which will spill over to crypto to make it look organic, but this time it won't stop

>>20494781
Prove you are an insider working at an important financial institution and I’ll sell some of my stash. I refuse to believe this. It has been stated time and time and even just recently that the govt is mentally handicapped and has no time or funds to do anything. They have been saying for years that they’re looking at the private sector. Also July 21st https://www.federalregister.gov/documents/2020/06/05/2020-10278/remittance-transfers-under-the-electronic-fund-transfer-act-regulation-e is fully effective. This a fuckin federal document that states XRP will be used. Nice fud my fren.

>>20494318
What’s a suicide stack? 2,500? I’m assuming 10k is a make it since that’s roughly what you need to be in the top 10% of holders.

>>20494914
>>20494882
>>20494810
>>20494631

Actually a fake insider, jew , nigger.
Ignore this fagtard.

>>20494914
That makes sense, I wasn't sure when q2 reports were coming out. The other anon said most projects will go to 0 but also said xrp is going to survive.

>>20494922
I don't have to prove anything to you nor do I care about your stash, keep it as a souvenir for all I care

I came here to do my duty and let the deserving ones know. The rest is up to you.

>>20494922
Plus the fact banks are literally using ripple software as we speak.

>>20495005
Ok, then you’re just a linkie that’s ngmi because SWIFT and their gpi ladyboy tokens are going to fucking burn

Hi I’m also an insider. We actually just changed our mind on using Xrp and it turns out we’ve decided that it will be used after all.

>>20494968
it was originally planned to keep XRP as the new SDR but plans have changed and now a completely new and totally controlled currency is going to be used. Too many bad actors have taken possession of significant XRP stashes creating too much of a risk for the global rest that is currently happening behind the scenes.

>>20495099
Dubs confirms
Thank you insider

>>20495025
software - yes, as a pilot, and those who have testing phases done can be easily migrated to the new system
coin - sadly no, not anymore

>>20495105
So what’s the medium of exchange between different CBDCs?

>>20494922
Checked. Good time to get some xrp or too late?

>>20495053
SWIFT is obsolete in the new system, you'll see soon enough

>>20495099
>>20495144
Double Dubs, confirmed dude.

>>20495122
‘Welcs

>>20495105
I find that somewhat hard to believe, essentially if they did that they are telling the people that they are in fact slaves. They wouldn't care if a few get through.

XRP IS A SCAM YOU DUMB FUCKS

>>20495136
It can’t be a centralized token lmao. No one would use it. XRP is completely decentralized, fudders will always say Jeb and Ripple control it but 66% of XRP is locked away in the XRP ledger escrow and they have no control over it.

>>20494318
you are an idiot and deserve to be an xrp bagholder losing value cuz you like centrral banks.

>>20495144
a completely new crypto, basically a compilation of the most useful currently existing ones proving their qualities in the test phase

no public allowed to buy in though this time around

>>20494318
Shitcoin that need 9 fucking billion usd to even 2x

>>20494318
>I work of a hedge fund and there has been talks on acuring XRP tokens for future pools.
most succesful hedge funds have dumped their xrp ( grayscale ) or they never bought in caus ethey know its a useless token. token is literally not needed to use the xrp tech or network.

>>20495179
they wouldn't if it was few, but as I said there is already too many bad actors involved with XRP, too much of it is in the "wrong" hands so it was decided it would be replaced by a sort of crypto 2.0

>>20495215
>doubt
For plans to change that drastically timetables would have to be pushed back.

I've said enough, have to go now.

Do with this information as you see fit

Best of luck to you all

>>20495186
>he bought at $2 and sold 3 years later a .44
Yeah just recycle your weak hands anon, you are not fit for the new world financial system.
>>20495159
Buying under .20 is a privilege and you just check it. The fud “”insider”” is right though, stock market is due for a massive correction and everything will dump and XRP will be at .14 to .06 and that is the greates opportunity we will ever have to accumulate

>>20495267
Nice fud, not gonna lie I am somewhat concerned.

>>20494922
Shit...... that’s awesome

>>20495233
>he doesn’t know about Santanders 50% XRP hedge fund
Lick my shaved scrotom fudboy

>>20495215
Yes obviously that has been going on for a decade. Private key blockchain money has been around inside fintech and gov for so so very long. Central banks will issue their digital dollars and tokenize all the existing m1 and m2. It’ll probably be backed by silver in the USA, gold in other places. These conversions will require something to exchange them and settle between international markets. That’s the whole point of Xrp. It’s not a standard or a global reserve. It’s a medium of exchange...what money is supposed to be. The upside is so significant because people (institutions) will be buying and selling it as a means to settle it in a customers local market. Retail investor volume is low low. Imaging what reading volume would be if JAPAN settled the cost of a maersk imported from the USA.

Jesus, I get that it’s a long term and high risk thing but there isn’t a single other crypto firm with the connections, valuation, or people like ripple.

>sorry, bro. what you got ain't it.
>it'll be a new crypto 2.0 that no one in the public knows about, nor will be able to buy
>even though you can't get your hands on it, i won't specify anything other than vague fud
>d-did you sell yet?
i forgive you, and will hire you as my dick washer soon.

>>20494727
Yeah that was me. Look at BTC matching up to the SMA20, ETH is bullish, BTC bullish; XRP is reaching another point in the downward trend from the last $1 jump, big week next week and a huge few months ahead

>>20495389
Fat chance. Even former XRP moonboy Peter Brandt has thrown in the towel.

>>20494318
XRP is old tech, a piece of shit that will collapse near EOY. Better tech is around the corner. If you really hodl XRP makes you fukkin stubborn

>>20495439
So who is right then? This new insider or all the other ones?
>>20482828

>>20495411
Dubs confirms steel handed XRP chad will have long nose fudder as his dickwasher

>>20495488
Show me a coin that claims to do whatever XRP does and has federal documentation of its use cases for international settlements

>>20494318
This is LITERALLY what fuels XRP. This post. It distills and encapsulates the XRP investor so acutely.

OP, for years people have been saying this same thing (people that invest in this coin invest for the reasons you've mentioned). This has been happening for 3 years since the bubble. And slowly XRP has been bleeding out as the banks haven't decided to buy your bags. You're not onto anything new here.

It's not as simple as you think, a paradigm shift from VISA into crypto is not a black and white decision even if XRP is faster/cheaper. A myriad of variables at play here. Would it be cool? Sure. Buy a small bag, don't expect to get it back and don't hold your breath.

>>20495566
AMPL

https://www.youtube.com/watch?v=9-uo-KfnkhI

If you knew what was good for you you'd dump all your xrp asap and never buy it again

>>20495630
>he doesn’t know Visa’s partnership with XRP enabled Earthport

ngmi

>>20495495
the ones that actually provided evidence

>>20495348
enjoy your dump. xrp isnt crypto and no one who understands crypto holds xrp.

>>20495648
Where is the federal document? I provided one right here >>20494922

>>20495737
dogshit pump and dump scam

>>20495189
I wonder who the escrow is. Kek. Xrp is as decentralized ad my ass is, premined shitcoin where the plebs cheer when jed makes another mill without doing any work just by dumping it on the market

>>20495761
Yeah let's involve the government! Very smart yes yes, the whole idea of crypto is that the government is not involved

>>20494318
tuesday xrp moons violently ~2p.m. e.s.t.

>>20495890
and do you really think (((they))) will allow that anon? be real now, its time to grow up

>>20495977
checked

>>20495977
Why?

>>20496151
refer to >>20494922

>>20495411
>>20495711
How tf did you do that

>>20496185
I just realized something with the fudder. It wouldn't matter who owned xrp with the kyc protocols. The government would know who tried to cash out xrp since its all tracked.

>>20496284
the whole world is going digital and biz is buying memecoins

prepare for a violent wave of sudokus

>>20495233
>Xrp is not needed to use Xrp tech
Kek

>>20496376
they've got about 48 hours left

it's been real

>>20495289
Real insider anon would have told you to accept Christ. This larping faggot never mentioned him.

Is this a joke? Are you people really holding and possibly even buying XRP? My God

>>20496604
I bought a few, just to be sure I won't face slap myself again. Bought 2.1k, fuk it, got the money

>>20494938
I would say 5-10k is a good hedge if it does moon as hard as the schizos think

My friend xrp is real deal. Chainlink is copy paste Johnny parsons

>>20496698
Okay, at this point I’m convinced that if dog shit got shilled hard enough on this board, people would be saying “well maybe just get a few hundred pounds stack just in case it moons”. Ffs

>>20496781
guess who gives a fuck what you think
>>>>>no one<<<<<

>>20494922
he's obviously not an insider, he's the same guy that has been making FUD xrp threads for the past 4 days, ignore this loser, he bought XRP at 2 dollars and pretends to be mellon insider, kek

>>20496562
Why 48 hours? Because that document says so?

>>20496943
judy shelton

>>20496781
I dont care if people get on board with XRP. I personally enjoy the FUD and memes. Plus it theres no point in all of us making it really

>>20496584
she said she was going to leave 4chan for a while.

>>20497020
i have to agree, those that do the research and spend the time learning deserve it, the rest can stay poor and forever be in /biz/ while im sipping pina colada and having my cock sucked by some beautiful italian girl

>>20497055
checked, i hope we make it fren.

>>20497216
2020 is the year so we will if u dont sell
personally i think xrp will go way beyond 2k it kinda has to for whats coming
i dont think xrp will pump in 48h but we will see

xrp is SCAM SCAM SCAM SELL ITNOW

>>20494810
What evidence is there to support it having a death spiral tomorrow?
besides anonymous 'insiders'

https://twitter.com/XRP_stuart/status/1284911364616728578

https://www.youtube.com/watch?v=OxMCHa8jY9w&feature=youtu.be

>>20497567
please stop sharing the good stuff

do the bagholder webm. that always makes bizlets happy

>>20497567
Holy shit this is glorious

>>20497567
am I in time for the system to rob me of my crypto through policy again?

>>20497567
more fuel for the fire
chico crypto now bullish on xrp

https://youtu.be/yoY912KJIWA?t=1016

2 daYz

xrp isnt going to moon
stellar is tho

>>20495144
They don’t need one idiot ... they just do atomic swaps

>>20499528
What software will they use? How will they ensure there's enough liquidity? How long will it take to achieve regulatory clarity for each individual CBDC?

>>20499441
Stellar is literally XRPs gay little brother who is also a furry

>>20499782
at least stellar doesnt have escrow dumps and jed dumps his xrp on you fags what was it again 55 million xrp? XRP ISNT THE FUCKING STANDARD XLM STELLAR IS.

>>20499528
Great okay an unregulated process handling internal trade with home brew systems powered by government incompetence. Can’t you see there’s a bigger play going on?

>>20499830
Stellar was literally free at one point lmao
66 billion is in XRP escrow, to prevent 51/50 attacks.

I know theres a lot of fucking trolls and shit but some of us are actually very serious right now. Eyes on Judy Shelton. In 2 days. If she gets in this is very bullish for crypto, and very very bullish for XRP and maybe even Link. jsut my thoughts.

>>20499838
Just saw some retarded linkie pitching it was link that was going to fill these roles kek I felt so bad

what happened to codius? its a supposed to be oracles yes? Its in the back seat, 0 volume. And Evan Swartz leaves Ripple earlier this year. THEN, Link pops off later. Hmm think about it. They aren't using Ripples little oracles. Not saying the space will implode or whatever when Shelton comes in, but she's a giant piece of the puzzle to regulations.

>>20495222
1) market cap doesn't work like that.
2) the banking transfer sector
is a trillions dollar market
>>20495566
Is Ada a possible XRP competitor? Its code is being made with financial sector and banking in mind

>>20499937
yeah sure
>>20500019
LINK will never be fucking used hahahahah

>>20499938
She’s bullish on PM backed crypto. Look at her interviews.

>>20500226
Ada? XRP has 0 incentive to run its validator which is why it is the fastest and lowest fees. Ada will have staking. Means more friction. There needs to be a coin that is fast and low fees. Smart contract platforms do there thing. Let the bridge do its own thing.
>>20500323
Then what happened to Codius? Don't be surprised when the two are working together in some shape or form.

Guys I'm a deepest of state insider. Qanon level shit. We fed all the lowly insiders fud to keep quiet knowing one or two of the newfags would spread to the masses. We have to feed them shit to make them feel in the loop.

Anyway, it's all switching to crypto. And xrp and link will be the backbones of the financial system. I will probably be suicided for telling you this. But I love you guys, you make me laugh.

>>20500639
Oh also this pandemic is to wipe out all small business. Soon you will only be able to shop at Wal Mart and Amazon with your xrp debit cards. Now that I've proven who I am ama

>>20500709
does size matter?

>>20500776
Only to women, and only concerning man's penis

>>20500545
yes. and then this https://cryptoticker.io/en/chainlink-bullionix-gold/
and then Evan Swartz leaving ripple and Codius basically dead. Makes room for Link. Idk just speculating really

>>20494922
Let’s do a thought experiment:
I am a government and I control my own currency. Currently, I have my own reserves and the people that I’ve chosen to be the elite have my currency in massive quantities and I give them more when I need them to help me out.
Now an upstart digital currency that I do not control begins and distributes its own tokens to the people who pay for it. They profit from this...I do not. I decide I need a digital currency. Why should I choose them? They have their own bag holders who would stand to join the elite and I have not blessed this. It could present issues.
Here’s a better proposition from my perspective, the one who has all the say: If your network is the best infrastructure, I will not adopt it. Rather, I will pay the owners of the network a decent payout, but the tech, and begin my own network from a new genesis block. I will tweet it so that it is not immutable and that I alone can override transactions, freeze assets, and do what I want...because that’s how this game works. There is no law above MY law. No protocol is above my law and outside my reach. I WILL NEVER surrender that power willingly, let alone give it to neets holding digital tokens hoping to get rich. I will issue my own, distribute to those who hold my paper currency so that no one except the people that I choose will be enriched. The game doesn’t change. The “reset” will not be one where I give away my power and my friends will be the ones who benefit most. I am the most legitimate force and my adoption will cause all validates to flock to my network as it will be the most legitimate.
Why do I adopt your token when I can just take your tech and utilize it for my own benefit without allowing any of the value to leak out unintentionally to bag holders? I make the rules and you have nothing that I cannot take if I want it.

>>20500849
There hasn’t been much news on Codius lately, but you have to know it was heavily funded by banks and has already been trialed

>>20494922
Also, remittances
You mean the hemorrhaging of Capital out of the country to other countries? Yeah, let’s just speed that process up. That’s what we need more of...our capital going to other countries.

>>20494781
>being deployed as we speak
>what is first mover advantage

>>20500962
Deepest of state insider anon here again. He just recited the entire script we gave them even though we told them to build upon it and improvise. I'm highly disappointed in Jonathan here and he will be fired from his "insider" position and "hedge fund" side hustle.

>>20500962
Let’s do a thought experiment

Why create a system that’ll take years to transfer to when it’s already right there ready for enterprise use ? David has us xrp is works since the 80s lol

>>20500962
You talking as if XRP is going to replace all of the money when it’s actually a bridge asset. The elites need that to be decentralized because absolutely nobody will trust a centralized coin that you just described. What’s going to happen is that each country will be creating their own digital asset which they have full control over, like a politically correct USDT.

>>20501178
and to add to this. If I am in the US and I buy something in Japan, do they get my dollar CBDC? What are they going to do with this? Does their bank get the dollar CBDC? now what? Needs a bridge.

>>20495495
Stay poor mate. We’ve seen from previous cycles that it shoots up in price with 3/4 weeks. Guaranteed you have a bag and you’re just larping

>>20501739
Never said I didn't have any. I just like clarification when people say stuff on this series of tubes.

>>20501855
Nah I agree with you on that; I’m only going on my own TA and recent news of XUMM updates and merchant adoption of XRP. None of the Mellon prophecy shit. At most this week should be rise to 0.26 to break out of the overall negative trend. But hey, could just fucking sink hard, it’s still tracing BTC price as far as I can tell, and that’s starting a bull run. Given price spike it could jump to $5 but that’s a random fucking guess at best.

>>20497055
>do the research and spend time learning
>watching youtube videos and reading the mellon larp
pick one, bub

>>20499937
>66 billion is in XRP escrow, to prevent 51/50 attacks.
lmao theres no such thing as a 51pct attack on xrp. all the validator nodes are on a list centrally maintained by Ripple. you dn't even know anything about the bag you hold. its one of the worst shitcoins there is.
>>20499830
Jeb has I think 8 billion XRP and about 1 billion has been dumped. soon his contracts will end (contracts that limit him to only dumping a few million a month ) . basically Jed will dump this to the floor and pump XLM. which wasn't an ICO and airdropped, also supply cut in half and inflation removed. if you like xrp tech look into xlm.

its unironically over for ripple tards

Should I just drop 1k on XRP now? Will it start to moon within the next 3-5 years?

>>20502210
You actually just redpilled me to switch to XLM.

>>20502313
if you want the tech stack that started as XRP in your portfolio, your best bet is XLM.

XRP is a complete scam. Ripple controls 50pct of the supply and then the three or 4 founders were alse rewarded big amounts, Jed got 8 billion then two others also got a few Billions. All of them left/hate cripple now.


For anyone who thinks it will be "the standard" . or "reserver currency" must realise that XRP is an asset created and fully controlled by a U.S.A COMPANY. they are slave to the USA gov. do you really think after dollar ass reserve currency they will go with DOLLAR 2.0?

fucking xrp holders are so fucking stupid.

no one will accept dollar 2.0 as new reserve currency.

>>20502313
read this.

https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp


JED isn't done with dumping xrp in the ground yet

>>20502562
What happens when the escrow wallets are gifted to the BiS?

>>20501111
Witnessed. XRP will be $1111 before the end of August.

>>20502230
2k EOY.

>>20502562
Ripple has no control of the XRP ledger you idiot. There are 24 validators and only 6 are Ripple staff. I do hold some XLM, but I have not seen any huge news as I do with XRP. XLM got cocky and tried to pitch itself as the digital dollar and instantly got shot down lmao.

Also the fuckin head of the digital dollar project, former CTFC chairman said XRP is a currency

>>20502602
Lmao Shwartz made a beautiful defense to this fud article.

>>20503596
>This meme again with an anime pic

>>20503714
Based.

>>20501111
c-c-c-c-cHECKED

This might be an elaborate shill but I guess I'm dropping a few hundred and see what's up

>>20505150
My guy- it’s a set and forget buy. Tremendous upside and real enterprise use. In case you don’t know enterprise markets are the most expensive for any product.
ETH and BTC are just commodities to these big financial people. Like petrol. XRP is the pipeline, nigga.

>>20505568
XRP ledger is the pipeline
XRP is the oil and my fucking wallet is a T35 tank

>>20505568
We sheikhs now

>>20505861
So I have over 5k of xrp, currently my money is going into real world things right now. How much should I try to go for? My longer term goals was about 20k but I am not sure I will be able to reach that given things looking like they are going to be shutting down again.

The problem with XRP and XLM for that matter is there is no reason for them to become large value tokens. They are used as an intermediary between currencies, so the tokens could easily be set at any low arbitrary amount and they would still serve their purpose . They would be bought in high volume if the U.S. dollar collapsed, but they would also be sold in high value for money that was accepted for basic necessities. If I were to purchase I would purchase XLM because they are at least backed by IBM which gives them and their network more credibility, especially to boomers and big dollar investors like that Schiff guy looking to .pump the newest shitcoin.

>>20506333
>The problem with XRP and XLM for that matter is there is no reason for them to become large value tokens.

>>20506333

>>20494318
I think it has potential to drop another 96%

>>20495977
Thanks sir I trust your digits

>>20506500
Thanks sir I trust your digits

>>20494318
Despite what Ripple fan boys say, not a single bank is using XRP. The only company that was in fact using XRP was Moneygram and that’s because Ripple bought a significant portion of their shares.
This is because in terms of technology, XRP is ancient like Bitcoin. Sure it's 1000x faster than BTC, but it's not programmable like ETH, which means you can't deploy smart contracts on it. Countries and banks won’t want to use someone else’s coin, they will want to be able to deploy their own currencies and stablecoins, and for that you need a blockchain that is programmable. This is really bad for XRP adoption.

There's some news that Ripple is planning to add smart contracts to XRP, but at this point it might just be too late. XLM already does everything XRP does while also being programmable, and there's now a dozen other blockchains around that are super fast and programmable, and ETH 2.0 will potentially be way faster than XRP while already having the majority of the DeFi market conquered. Add to that the fact that stablecoins have been proved to work really well and became really popular over the years, with some banks even starting to accept deposits in USDC.

At this point it just feels like Ripple is still stuck in 2013, they’re way behind the competition and just trying to catch up.

>>20506647
Codius and PayID tho, banks not needed.

>>20506647
>tfw Vitalik wasn’t in the IMFs 9th congressional meeting

Comfy

>>20506788
see>>20496895

double comfy

>>20494318
brainlet newfag

>>20506783
>codius
>payid
>judy
>remittance law

PUT IT TOGETHER ANONS

No one's going to buy your bags

>>20506908
PLEASE BUY MY BAGS IM HOLDING SINCE 0.002 CENTS IM IN SO MUCH PROFIT THEY ARE SO LIGHT OMG

>>20506908
>thinking us measly peons could pump XRP

It’s the long noses who will do it

XRP IS A SCAM DUMP IT NOW IDIOTS

>>20506241
It ain’t going anywhere anytime soon. The next phase of crypto is business utility. XRP is going to do to finance like what excel did for accounting.

>>20502210
Glad I hold both.

If digits the rumors are all true. Every last crazy theory is true. If digits.

>>20508709
remittances will need it to be at least 1$ - 100$ which XRP is supposedly designed for

>>20508709
Lol that’s my old pic of my stack Imposter!

Post actual stack