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/biz/ - Business & Finance


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20840274 No.20840274 [Reply] [Original]

Redpill me on XRP. Why are people so sure it's going to boom again and what is the hype all about? Are the leaks of these supposed "insiders" true and why are they so important?
Considering how everyone on /biz/ says their favourite crypto will boom at any moment and then never booms.

>> No.20840318

>>20840274
Whenever there is a conference or some hype about partnership everyone thinks it's going to moon but it's simply not going to happend, trust me on this one. This coin was to finance the real product which does not use XRP for liquiduity. Ripple is going to get rich, but XRP will not rise.

>> No.20840498

>>20840274
History repeats itself. Ripple is a legitimate company with many ties to financial institutions and services. It's been #3-4 with a 10 billion dollar marketcap for 5-6 years now. If this was a scam it would have dissolved a long time ago.

>> No.20840521

>>20840498
not a scam but product they sell to banks does not need XRP. Only a few partners use their XRP products.

>> No.20840524

>>20840318
So it's really better not invest in it?
It's going to stay sub 1€ at a steady pace like it has been for the last 2 years?

>>20840498
If history repeats itself then it means that Ripple will once again skyrocket and then downfall dramatically for a short period.

>> No.20840579
File: 37 KB, 904x761, 1596103241086.png [View same] [iqdb] [saucenao] [google]
20840579

>>20840274
Anon posted this chart in another thread

>> No.20840586

>>20840274
They are the most professional and most connected company in crypto. There is so much bullish news and breadcrumbs surrounding XRP and there is no doubt we'll test all time highs again. I can see it breaking 25¢ today or tomorrow at which point it'll pump a significant amount.

>> No.20840689
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20840689

>>20840318
ODL literally needs XRP
>But you can use other cryptos on Ripple Net
Yes and they require prefunded nostro/vostro accounts for transfers. It is the equivalent to a messaging system. XRP does not need money tied up for transfers.

Do you think money printer go brrrrr will last forever? We are on the cusp of a breton woods tier restructuring of the global monetary system. When it happens, it will happen fast.

>> No.20840800
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20840800

Look.

There's a ton of great crypto options out there. Nothing will make you rich unless you put a decent amount of money in and/or hold long term. Even then, we may never see a great bull run ever again. Be realistic. XRP is a great investment, but not if you're trying to day trade 30 bucks into a retirement fund.

>> No.20840837

>>20840800
checked but you'd be insane not to long-term HODL a bunch for when the bull market is in bloom again. it's such a reliable crypto investment.

>> No.20840917

>>20840800
im of similar thought to you anon, yet idk what amount is realistic to hold?
Im in XRP for the long haul, and I want it to be life changing wealth, but I cannot understand the possible extent of its gains

>> No.20841093
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20841093

>>20840917

Nobody really can. It's all speculative until it's in your bank account. Nobody knew at $0.21 that BTC would hit $20k. The few who did are millionaires. The point is that the cryptosphere is a new asset class, and to not hold any is criminal to your future. How much to hold? That's your question to answer. Put in as much as you can afford, and be serious with your goals.

>> No.20841770
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20841770

>>20840274
Just betting on the jews

>> No.20841905

>>20840274
I was in the conference call anon posted yesterday. That was 100% true. Bank of Brazil is adopting it, Bank of Canada is considering it (they pretty much have it sounds like), Feds have pretty much gone all in it was hinted as well.

>> No.20842537

>>20841905
I switched all my stinkies to XRP last night.
Fucking tired of that shit coin and it’s larding Russian PowerPoint presenter.

>> No.20842570

>>20842537
Larping*

>> No.20842735

>>20840586
Once it breaks out of .25 were going to $1 in no time at all.

>> No.20842789

>>20842537
So fucking based

>> No.20842825

tf you mean "again"? it's been sideways since 2017

>> No.20842923

>>20842825
we, the jews, sold at 3.50 in 2018, dear sir.

>> No.20842933

>>20840521
so, how the currency exchange gets completed?
xrp is the lub that makes transactions smoth and profitable for mid size banks, and niggers all around,everyone should have a happy time sending money with virtually no commission and in matter of seconds.

>> No.20842955

>>20840689
sure and which banks use ODL?

>> No.20842961

>>20840800
just stack and leave it there for 10 years

>> No.20842997

>>20842955
All of them will in like 4 months.

>> No.20843108
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20843108

>>20842933

>> No.20843332

>>20842997
Gonna need a source on that.

>> No.20843866

Fine, just bought 33.

>> No.20843882

>>20840274
The coin is useless but people are morons so it'll probably 5x its current value in a near future. Got 5000xrp on a 90cent sell offer simply because I'm too lazy to actually follow what's going on.

>> No.20843966

>>20843882
That's gonna sting a little when it wicks to $3.49

>> No.20844072

>>20843882
the transactions is speed wtf are you talking about
$2000 eoy schizos have super meme magic

>> No.20844129

Not betting on the company with with all the connections
Not going to make it

>> No.20844128

>>20840579
what does this mean? i'm fairly anti xrp but do hold a small stack like most people here

>> No.20844154

The people jacking off XRP aren't expecting shit for 5+ years. They've got fists of iron and are in this for no less than 1k a coin. I personally believe it will reach an easy 10k per when the BTC market crashes and China shuts down the servers.

>> No.20844166

>>20842735
you mean to 26, and then back to 18

>> No.20844195

Can you images any of the other established financial institutions use anything but maybe XRP or Link in the top 20. I mean really use, just not hold and speculate?

>> No.20844227

>>20842997
lol ok, i've heard this shit since 2017 december.

>> No.20844324

I love to fud XRP on here but I hold a small bag just in case the schizos are right

>> No.20844331
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20844331

2k eoy is fake along with most the things the insider posted
Like this graph, you can’t find it anywhere and xinfin doesn’t use xdc(e) they use the Mainer token now xdc

>> No.20844371

>>20844331
"insider"

trying to sell you his bags

>> No.20844390

>>20844331
2k boy is a larp but $30 eoy is likely.

>> No.20844409
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20844409

>>20840274
If the kikes' dynasty owning the world is shilling it to their (((frens))), it's good enough for me.

>> No.20844435
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20844435

>>20844371
Yessir lmao
This dude who works at ripple said this
Had me dead these retards are schitzo

>> No.20844459

>>20844331
XDCE exists to provide liquidity, yes XDC is mainnet but it's 1:1 convertible.

>> No.20844463

>>20844072
This. Meme magic dictates crypto value at this point.

>> No.20844499

>>20844459
So basically ones a er20 shotcoin and ones not. Which token matters lmao.

>> No.20844512
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20844512

>>20843332

>> No.20844534

>>20844435
You've posted this same cope in like 8 different threads.

BTFO

>> No.20844676

>>20844499
Both do. If you want to use the platform for settlements, you use XDC. If you want to trade, you use XDCE.

>> No.20844705
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20844705

>Mfw an American told me that XRP will be worth anything near me

>> No.20845138

>>20840524
little factoid literally everyone overlooks is that ripple is a company. ripple makes many different products, including ILP, and XRP. ILP is the service ripple sells to major banks and institutions. XRP was used to raise money to fund ripple itself. ILP does not use XRP. XRP is like the ripple gift shop, you can buy a little ripple souvenir when you leave, but ILP is their main product.

"After all, the reason we’re doing this is to increase demand for XRP to increase the value we can extract from our stash of XRP." - David Schwartz

>> No.20845164

>>20844195
Yes, Cardano. But other than that you're right