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/biz/ - Business & Finance

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21776887 No.21776887 [Reply] [Original]

>XRP has the highest inflation rate of the top ten cryptocurrencies, and it has hugely affected its price.
>The price of XRP is down 95% since it's all-time high.
>Ripple regularly release large amounts of XRP from escrow accounts, increasing its supply.
>This gives XRP a 20% inflation rate—much higher than rival cryptocurrencies, and has likely dampened its price.
>With a further 49.4 billion XRP still locked in Ripple's escrow contracts and 1 billion XRP scheduled for release each month until mid-2023, this issue isn't likely to go away any time soon.

This sounds pretty bad, but given that the escrow releases are to fund Ripple's expansion then by 2023 this thing is going to skyrocket in value, right?

>> No.21776897

>>21776887
Link
https://decrypt.co/29799/this-is-why-xrps-price-has-been-crushed-and-is-struggling-to-rise

>> No.21776994

>>21776887
Just shill, there is no hope for this trash. It’s plainly obvious a Jew scam. The global standard shit that’s spammed on every crypto YouTube channel is a psy-op to get naive investors to waste their money to fill the pockets of slimy Jews. That’s the entire purpose of XRP, just to steal your money.

>> No.21777024

>>21776887
decrypt is a Consensys funded website. This is ETH propaganda. Most of the funds that get unlocked from escrow go right back into escrow every month.

>> No.21777112

>>21776887
Any XRP released from escrow is sold and whatever isn't sold goes right back into escrow.
Ripple has actually reduced the amount they sell.
There is no such thing as inflation in XRP because there is only ever 100B xrp, there is a deflation because every transaction burns tokens.

dumbshit article.
>>21776994
Dumb shit post

>> No.21777123

FUD

>> No.21777139

Its literally designed to be a stablecoin

>> No.21777232
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21777232

>>21777112
Yes I am stupid and not all these retard Q boomer normie fags on YouTube that think the same as you that XRP is going to replace everything and be $1k. You are a NPC.

>> No.21777250

>>21777139
>loses 90%+ value
>m-muh stablecoin!
I think that horse bolted some time back
and the one you are flogging is long deceased
xrp = decomposing catfood

>> No.21777344
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21777344

>>21776887

>> No.21777429
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21777429

>>21777232
>you are an NPC
go kys retard, buy rope

>> No.21777436

7k EOY

>> No.21777591

>>21777232
It's not a fucking conspiracy you dumb motherfucker. Do you have any fucking clue what is going on with the dollar right now? Everything and I mean literally EVERYTHING in the world of finance is pointing to something big coming and coming soon.

>> No.21777618
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21777618

>>21776887

>> No.21777642

>>21777112
cope you dumb faggot

>> No.21777668

>>21777591
well it's not your 42 billion supply coin magically mooning to $2000, you idiot

>> No.21777698

>>21777112
>there is only ever 100B xrp
>only
M O U N T A I N S
O F
S H I T

>> No.21777724

>>21777591
You do realize these fudders bags are larger than most right?

>> No.21777742

>>21777698
> there are only 13 xrp per person
BIG NUMBERS
HARD TO COMPREHEND

>> No.21777759
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21777759

>>21776887
I don't know, XRP is not necessary for Ripple, it's just a buffer to facilitate transaction movements. But some banks have already said they're not using xrp, others have their own block chain coins and SWIFT has already chosen to work with Chainlink. also,

>40 billion tokens

yikes.

>> No.21777834

>>21777742
If you had 13 pieces of shit for EVERY person, you know what you'd have? thas right:
M O U N T A I N S
O F
S H I T

>> No.21777901

>>21777834
Name a way to do a settlement that is faster and cheaper than XRP.

>> No.21778173
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21778173

>>21777642
>cope you dumb faggot

>> No.21778220

>>21777901
These losers are salty because ripple is about to slap the shit out of chainshit and eth for stealing from them.

>> No.21778312

All good investing is timing. There was a point where xrp was a great investment.
Pro-tip: it's not after tonnes of delusional normie bagholders have been created.

>> No.21778383

>>21778312
What bagholders? Like 2 million wallets exist and most holders have multiple wallets.