/biz/ - Business & Finance

>>22214758
Its only problem is the mcap.

>>22214758
Oh a newfag in our midst? Yes XRP is a horrible investment and a scam, don’t even think about it...

Jews

>>22214854
Always do the opposite of what biz says

>>22214758
Oh a newfag in our midst? Yes XRP is a horrible investment and a scam, don’t even think about it...

>>22214758
dont buy it bro. it sucks like you said. fucking garbage bro. buy link when it hits 20, thank me later

Its a LONG term investment. Like 10YR.

>>22214758
because these faggots can't scam with it because smart contracts haven't been released yet through flare. It's the only digital asset that actually has a company pushing for real world adoption so its most likely for it to be the one that the real world actually adopts....

because it's owned by jews and the only little bitches that buy it don't know how to get crypto other than Coinbase. so they use mommy's credit card to buy some stupid jew coin from Cuckbase and then endlessly shill it on here. that shit hasn't moved in YEARS bros.....move on. and don't give the jews your money anyways.

You either know, or you dont.

Your friend is a normie with a limited understanding of crypto. Ripple has great tech that may get adopted, but the XRP token itself is a scam.

>>22214758
You shouldn't come to this board for advice, most people here are fucking morons. Ripple are a serious company making a lot of big moves, XRP is a fine hold with a lot of long term potential.

>>22214850
pls educate

http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>>22214758
32 thousand missing blocks
not turing complete
centralized
permissioned
outdated tech
absolutely retarded value proposition (on demand diarrhea)

>>22215519
add to this that swift already exists, is already used by banks, and is modernizing its ISO20022 protocol to do what Ripple wants to do

>>22214758
It doesn't, it just hasn't been implemented yet. Once the switch is flipped on May 9th 2196 XRP will finally be worth 33 cents. As of now it's pretty stable.

>>22214758
it's doesnt suck you can actually make money

>just pump and dump
> hovering around .26-.30
>free 5% gains weekly atleast
>I've been doing this for almost a year now and got some good gains.

People tell you to hold so you don't fuck up their gains.

...also all the stupid conspiracy bullshit they come out with is quite entertaining.

>>22216624
No xpr'r cares if you buy or sell. Most of us want the price to drop, because we know what we hold, and want to accumulate more. There are routine dumps, yet it is still stable.

>>22216773
This. I'm an XRPer and I want the price to dump in perpetuity so I can just keep buying and buying and getting poorer and poorer. Dips are awesome when you're a member of a cult and mentally deranged.

>>22215644
Oh you mean the messaging standard that Ripple is helping develop and govern? Nice

>>22216825
>t. still holds LINK

>>22214758
Transactions are cheap between exchanges.
I can send XRP in a few minutes cheaply.
That's all.

>>22216826
>helping
swift is their competitor, look at gpi

>>22216882
Of course I do, feels good being up 8000%. How's XRP doing the last 3 years? No need to answer I already know.

>>22217103
To be fair, yes, SWIFT is also helping govern ISO messaging standards but the base GPI product still doesn't settle in real time.

>"Nearly 50% of gpi payments are credited to end beneficiaries within 30 minutes, 40% in under 5 minutes, and almost 100% of gpi payments are credited within 24 hours."

>>22217345
Not based on blockchain. There are security risks.

>>22217103
Btw ISO 20022 is not "owned" by SWIFT.

>ISO 20022 is a multi part International Standard prepared by ISO Technical Committee TC68 Financial Services.

>>22217398
Agreed. It's SWIFTs attempt at an upgrade but not even using current technology

>>22217461
Also former swift employees have helped Ripple along by joining their board.

>>22217398
>>22217461
they are transitioning to blockchain
>>22217428
swift is the authority over the previous standard and the primary influence over 20022

>>22215519
>missing blocks
irrelevant given the ledger structure
>turning complete
for it's intended purpose it doesn't need to be
>centralized
no
>permissioned
Again, no
>outdated tech
how so?
>ridiculous proposition
and yet we see competitors frantically flooding in an attempt to capture market share. also, read this and understand why ODL is absolutely required for RTGS to function.
https://www.ft.com/content/36e15d64-8052-3808-83bc-6a1d30089b3c

>>22215644
>muh SWIFT
what do you think has spurned SWIFT to begin overhauling it's system and implementing gpi? ISO20022 is only a messaging standard. RTGS is not instituted or defined by that standard. Also, SWIFT has pushed back their adoption of ISO20022 in European markets and as >>22217345 pointed out, SWIFT admits that gpi is only NRTGS (only defined as being faster than a currently implemented system) and not true RTGS. Account credits do not equal settlement.

>>22217889
>https://www.ft.com/content/36e15d64-8052-3808-83bc-6a1d30089b3c
Paywall, do you have a basic summary or maybe a redirect?
Thx anon

XRP going to hit all time highs soon. Just wait boys

>>22214878
With jews you lose. But if you outjew the jew, you may become an overjew yourself.

>>22218892
This is unironically why I invested in Iraqi Dinar. Spent 20 years obliterating a regional competitor through a 3rd party and then installed a Rothschild bank on top of the rubble. Now it'll be allowed to flourish. Oldest trick in the book.

>>22218957
You get it fren.

>>22214758
I don't hate it. XRP is 15% of my portfolio. It's down right now but i'll keep holding for the time being.