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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23455423 No.23455423 [Reply] [Original]

>Flare snapshot date - December 12th 2020:
https://flare.ghost.io/claiming-spark-faq/
https://flare.xyz/supporting-exchanges/
https://flare.wietse.com

>Past /XSG/ threads
>>/biz/?task=search2&ghost=yes&search_text=&search_subject=xsg&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=op

>UHNWI aka Mellon:
>>/biz/thread/S16595583
>>/biz/thread/S17266853
>>/biz/thread/S17914598
>>/biz/thread/S18102776
>>/biz/thread/S18417446
>>/biz/thread/S19283439
>>/biz/thread/S19919081
>>/biz/thread/S19980410
>>/biz/thread/S20098041
>>/biz/thread/S20429829
>>/biz/thread/S20720991

>Kendra Hill:
https://threadreaderapp.com/thread/1189356847117033484.html

>Other Insider:
>>/biz/thread/S17203568
>>/biz/thread/S19464720

>Other Other Insider:
>>/biz/thread/21924286#p21931998

>Bank of Canada Insider:
>>/biz/thread/S20806161

>Conference Anon:
>>/biz/thread/S21274558

>33 million XRP anon:
>>/biz/thread/S21485221

>Judy Shelton (Trump Fed nominee):
https://www.cato.org/cato-journal/springsummer-2018/case-new-international-monetary-system

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

>Twitters:
https://twitter.com/BabaCugs

>What wallet do I use?
There is no right answer for this. Mostly personal preference and security vs. convenience.
Hot storage (with Spark support) - XUMM or Exodus.
Cold storage - Ledger/Trezor or Paper/Metal Wallet

>> No.23455440

>>23455423
XRP is a blatant scam. Pull out while you still can.

>> No.23455453

It's dead, Jim.

>> No.23455468
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23455468

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.23455469

>>23455197
I dont think it was a glitch.
Biggest transfers could be testing but so far they are;
JPY: 7B
Yen :100B
US: 100B and now 9.9B
Euro:several 100M transactions, yet to see anything in the billions from them.

Not to trust in the attention seeker but if we go off cugs old post with the emoji symbols then we should be seeing some big transfers in GBP and Euro hopefully soon.
Remember the 4 symbols were $ £€¥ and what looked like a Japanese flag on the right of them and we now know ripple has shortlisted Japan over the UK in their possible move.
Could all be related, could simply be me schizoing to hard.

>> No.23455473
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23455473

previous thread
>>23441971

picrelated: 9.9 billion USD moved on the XRP ledger today, following similar moves on the 17th and again yesterday in Japanese Yen, leading some to speculate that the system is being tested by institutions who will adopt it for the use of cross-border/inter-institutional currency transfers

What do you think?

>> No.23455490

>>23455473
I think it's dead, Jim.

>> No.23455521
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23455521

the FUD is the most interesting thing about these last few threads- i wonder where it's coming from. who are you guys? why are you spending your free time arguing against the viability of some internet currency? what's your motivation?

>> No.23455537

>>23455490
do tell, friend-o

anyone watching this debate?

>> No.23455574

Even if you don’t believe in XRP, with all the smoke, I can’t imagine not having atleast a little stack. Worst case it’s just a stable coin haha

>> No.23455582

>>23455473
For the anon who was talking about the countdown -
How/where are the dates it's started from?

>> No.23455590
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23455590

>>23455537
Yeah, hoping Biden will get arrested for his crimes but a big nothingburger mostly.

>>23455521
It's an attempt to shake out weak hands. Those who don't understand what XRP will do continue to FUD. If you know, you know.

>> No.23455608

>>23455440
>>23455453
Shit, I'm convinced. Guess I have to sell my 100k XRP stack now.

>> No.23455626

I’m really not not sure how much I should price my roll of 2018 cheonwang and 2019 scrofas. They’re nice coins and I just got them in a trade. What do you guys think? They’re mint sealed.

>> No.23455661

>>23455469
>>23455473
And 3,687,504 BTC on the 16 of October
Which based on a price of $11,500/BTC on that day
=
$42,406,296,000

>> No.23455664

>>23455608
I unironically have more than 100k xrp. I was hopium posting for a long time but the price kept shitting on me.

Now I fud post and the price somewhat goes up. Try the fudpill. Anyone who knows is all in and just biding their time. I choose to keep an eye on xsg and fudpost. Some of you get very angry.

>> No.23455676

>>23455664
actually based desu

>> No.23455695

>>23455440
>Pull out while you still can.
I never pull out, just ask your mom.

>> No.23455697

>>23455626
Lol wrong general thought this was pmg ;)

>> No.23455711
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23455711

XRPchads will make it
Ripplets will get the rope
Checkem NOW

>> No.23455736

>>23455664
Ironic shitposting is still shitposting.

>> No.23455765
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23455765

>>23455711

>> No.23455775
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23455775

Going to buy mommy a new house

>> No.23455808
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23455808

FLIP THE FUCKING SWITCH YOU FAT KIKE MOTHERFUCKER I CANT WAGIE ANYMORE REEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.23455828

>>23455423
Is 47k XRP enough to make it? Asking for your mom.

>> No.23455935
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23455935

>>23455664
Of course people get mad. This is their last chance to make it. A new life awaits. Even if you plan ahead there is no way to really understand whats about to happen. I can't wait but a part of me doesn't believe its real. Imagine the come up stories some of us will have. The lives we will have. I really hope its true and I hope all anons live out there dreams. Just be sure to pop in every now and again to see this board filled with pink wojaks. I know I will.

>> No.23455945

>>23455808
He's too greedy, it's in his blood.

>> No.23456023
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23456023

Based baker

#107
17
Q

>> No.23456090
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23456090

>>23455440
never pull out

>> No.23456093
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23456093

>>23455473
This shit got me curious...
>>23455661
99,998,373 ETH on the 21st of September
=
$37,099,396,383

Someones using XRPL to move A LOT of money and crypto
Interesting how the 3M BTC is right around the time that a bunch of companies/hedge funds have been buying up BTC....

>> No.23456122

God it’d be funny if we all just tricked ourselves into thinking xrps the chosen one then it turns out to be ltc or bch maybe even xlm lmaoooooo

>> No.23456147

>>23455808
Unfortunately it's really not up to him. He's the CTO, not a banker or politician.

>> No.23456185

buying bitcoin seems a bit silly at this point. paypal just proclaimed to the world that bitcoin is obsolete by endorsing two competing coins that are arguably of better design. all three have an exponentially decaying distribution, at the end of which people will have no reason to put up with the slowness or fees of POW and miners will have to find a new scam. paypal themselves must understand that they cannot allow btc users to effect on-chain transactions because it's not designed to handle that many users. it doesn't make any damned sense.

>> No.23456212

>>23456093
99,999,147,528 CNY 9/28
100,000,410,401 CNY 8/14
100,002,218,762 CNY 7/29

These are all not small sums of money

>> No.23456221

>>23456122

i'm prepared for all of those possibilities but see >>23456185

>> No.23456234

>>23456185
it's going to crash the market with 'no survivors'.

don't you understand yet? everything is going to happen

>> No.23456251

TRUMP LITERALLY JUST SAID "OOOOO" THE SWITCH IS READY

>> No.23456262

>>23455423
XRP will never hit a new ATH.

Bonded.Finance literally fixes the "0 use case for the token" issue tho so at least you have that.

>> No.23456264

>>23456212
As well as 100,000,000 EUR 3 times in the last 3 months
These all seem likes tests, no?

>> No.23456297

>>23456262
Feeding your village is not a use case Rajneesh. Neither is installing toilets that you’re not gonna use.

>> No.23456318

>>23456234

i don't know that it will immediately crash the market. the initial demand and fomo should drive up prices. paypal is going to "buffer" transactions and not allow transfers in or out so for the time being bitcoin is shielded from the weight of paypal's massive userbase. i really don't know how it will play out but it seems likely we'll see a new ATH on all currencies supported by paypal.

>> No.23456342

and bitcoin will likely hit its cap much sooner than the other three.

>> No.23456349

>>23455468
Based

>> No.23456409

paypal is obviously fucking around because this is never really going to work. and people who are interested enough will just buy on an exchange that they can transfer into and out of.

>> No.23456412

NOVEMBER GONNA BE LITTY LIKE A MOTHA FUCKIN TITTYYYYYY

>> No.23456416
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23456416

>>23455711

>> No.23456441

>>23455521
Dont blame ripple not wanting any biz on Nigeria.

>> No.23456520

>>23456251
No he didn’t.

>> No.23456534
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23456534

>> No.23456616

YEAH HE DID BITCH, IT WAS WHEN BIDEN SAID HE'D STOP FUNDING THE OIL INDUSTRY

>> No.23456651

Should actually make a large effort to learn what cryptocurrency even is? I have to be honest I am completely in the dark about it other than the general buzzwords. decentralized is the main one. Not only that, but even regular financial jargon confuses the hell out of me. I'm not a stupid person but finance is not interesting to me, so it's difficult to learn. Will becoming an expert about these things really benefit me if I want to make money with crypto? Or should I just buy whatever the trending coin is?

>> No.23456675

>>23456651
smart money understands the basics. if you can't grasp it on a consumer level, you won't succeed.

>> No.23456679

>>23456534
>I'm never selling nothing
https://www.youtube.com/watch?v=M3TzVgGyBFs

>> No.23456759

more like gaypal. 2k by 2022, zero help needed from gaypal.

>> No.23456760

>>23456651
Just learn about buying and selling pressure, market cap, supply, volume, and liquidity. Meme lines are irrelevant to XRP. It has high market cap and supply. Decent volume and it’s extremely liquid. Just needs the demand to drive the price up, and in an economy where the currency corridors are clogged, the whole world needs On Demand Liquidity and the bankers know it and are moving towards it.

>> No.23456796

>>23456534
XRP guys made that poll. It's intentionally loaded to give a desired response. It should be.
>At what price will you consider selling XRP?
They poll can be thrown out because they ask will you sell ~×X*ALL*X×~ XRP? The scale on pricing is fucked up too, no option available for the range between $10 and $20. A more effective question would be $0.2-0.29, $0.3-0.39,. $0.4-0.49, etc up to $1-2, $2-20, and $20-200. When listed this way it is more realistic ranges and it better reflects the fact this will never be double digits or higher.

>> No.23456797

>>23455469
Favorite Schizo theory so far, bring on the bongs

>> No.23456798

>>23456651
Sounds like you are on the lower end of the IQ spectrum. Your best bet is to follow the high IQ schizos.

>> No.23456801
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23456801

Responding to ID: /Weh0kne from previous xsg

With the way your framing the system, wouldn't it make alot more sense to have a forked xrp rather than a bifurcated market system where banks use different exchanges than retail?

>> No.23456844
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23456844

Anons remember the plan is fated and is being rolled out at a steady rate. Most cannot see how much progress has been made in such little time. You know whats going to happen. God bless

>> No.23456883

>>23456801
Also this is how I imagine it will pan out, its likely that ripple founders with large bags and ripple will relinquish control over the 55 billion xrp in escrow to the IMF, and the IMF will redistribute xrp to banks based on their liquidity needs to combat the "liquidity crisis" narrative that the IMF BIS WEF have been pushing in the past couple of months. I can almost guarantee 95%+ of bagholders will sell at 1-2-3 digits, especially if they're apart of the wave that unironically bought in at 3 dollar peak in 2017. There doesn't seem to be a need for a bifurcated market, since the retail bagholder makes up less than 10% of the total supply of xrp, therefore they have no power to shift the market in any meaningful way(not to mention to amount that's permanently lost, mathew mellon's 1billion xrp)

>> No.23456885

>>23456796
I wasn't really trying to fix it or declare an opinion.. I just see people jokingly say they aren't selling any

>> No.23457015
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23457015

We're gonna make it bros 1k SOON

>> No.23457064

>>23456885
Well make a poll and I'll vote. Make sure to do lower numbers to like .01-.05

>> No.23457273

What is this standard that I hear so much about?

>> No.23457285
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23457285

>>23457273
It’s XRP, it is The Standard

>> No.23457314

>>23457285
Lol wow got it.

>> No.23457334

>>23456801
>>23456883
Why would they overcomplicate things just to fuck over a few thousand normalfags. The vast majority of people have no idea whats coming and will get priced out once XRP is used. People look for the worst case scenario and psych themselves out. The simple option is that XRP will be used as an interoperable bridge asset for CBDC transfers of value, so if you want to send your XRP to USDC it will be easy.

If in the future we'll see USDC > XRP > EUDC in an instant settlement, for example, then cashing out will be as easy as XRP > USDC.

>> No.23457344

>>23457314
It's actually Lord of the Rings.

>> No.23457363

>>23457334
We are at the stage of- it will moon but I need to bend over backwards to make sure my logic says you will not benefit from it.

>> No.23457364

>>23457344
Checked. How many XRP needed to have invisibility?

>> No.23457374

>>23457364
I'm sure you already are anon, I'm sure you already are.

>> No.23457437

>>23456801
>With the way your framing the system, wouldn't it make alot more sense to have a forked xrp rather than a bifurcated market system where banks use different exchanges than retail?

not him, nor did i read his reply, but i can see why they'd want to avoid any needless forks and roll it out ahead of time just to see how it behaves as a dynamical system in the free market.

>Also this is how I imagine it will pan out, its likely that ripple founders with large bags and ripple will relinquish control over the 55 billion xrp in escrow to the IMF, and the IMF will redistribute xrp to banks based on their liquidity needs to combat the "liquidity crisis" narrative that the IMF BIS WEF have been pushing in the past couple of months.

i've read this theory before. that would certainly speed things up for me lol. i don't feel like holding this until the escrows run out.

>> No.23457475

>>23457363
What a ride these last few months have been

>> No.23457497

>>23457475

a slow ride.

https://www.youtube.com/watch?v=nX6N2tgLmaQ

>> No.23457661

coke bump

>> No.23457705

>>23455096
This is actually pretty big, surely has to be some large scale testing happening?

>> No.23457723

>>23449682
Is this basically farming in a way?
Why does Alice need FXRP, what will it be used for?
According to this we can stake our XRP?

So bob gets Alices 200.2 XRP and bob uses his stack of XRP to convert to FXRP and send 200 FXRP to Alice.

Question is why does Alice need bob when she already has XRP?
Is spark going to be relatively scarce and Alice cant get her hands on any?

It 'sounds' like it could be cool, but depends on a lot of factors, will there be big demand for Fxrp?

>> No.23457725

>>23457705
$7b in JPY was moved yesterday. The day Brad threatens to move to Japan for regulations. Big things are happening behind the scenes.

>> No.23457831

>>23457725
Just another example of how this year actually is different. So many of the 2018 people tell us theyve 'heard it all before'. The difference is now we are SEEING it happen.

>> No.23457890

>>23457374
Holy shit you fucking murdered him

>> No.23457942

>>23457831
Yessir. $10b USD moved today. The pace is picking up.

>> No.23457972

>>23457942
If it IS related to those emojis on the time line we just need to £ to see some action on at those levels. If that does happen then things are definately getting interesting, no coincidences.

>> No.23457981

>>23457972
What was the order? Does in coincide with cugs?

>> No.23457986
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23457986

https://www.youtube.com/watch?v=GcCNcgoyG_0

>> No.23458073
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23458073

>>23457972
>>23457981
the XRPL has a lot of USD, EUR, JPY and CNY activity but not GBP

>> No.23458120

>>23457890
I almost felt a little bad after posting, but we all know I'm right.

>> No.23458149

>>23456801
This guy has no clue wtf he is talking about.
the Banks don't have XRP. the XRP comes from us. and whatever they hold.

There is no such thing as a hidden ledger.
https://www.youtube.com/watch?v=G--2WthF_70&t=3s

>> No.23458155

>>23458073
He commented that the timeline is in reverse, if that time line in your pic is backwards then yes it does line up if that anon was right that a lot of euros pumped through it.

>> No.23458183
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23458183

>>23457725
>be japan
>fucking americans, side with CCP
>Fucking democrap, sliding government
>neocons, ARRRGH
>"brad flex on the network in yen"
>>23457725
>"right on, thank ru."
>Americans: panic


i see it play out in my head like a rapid adhd sitcom of phone calls. stories from people like dan pena / wolf of wallstreet make this stuff imaginable.

>>23456093
>>23455661
>>23455473
when i see things like this; i share it with everyone that can comprehend blockchain development. Anyone who can understand it, and has the capacity to risk capital: here we go!

>> No.23458210

>>23458149

they could always just use their own xrp, set the value higher, and refuse to deal with individuals.

>> No.23458218
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23458218

>>23458149

>> No.23458251

>>23458210
that's the same thing as saying they'll just use their own crypto. Why should company A trust company B's crypto? the point of XRP is that it is a level playing field. XRP is not owned by any government or corporation, even if ripple went out of business the ledger would still function and no one can manipulate it.

The reason we are able to buy so cheap is the IMF WHO didn't have a stable product of their own and have to explain why their system is crashing the global economy, Ripple came with a ready product that solves everything. They don't have any walls built yet so we are able to buy early and cheap.

>> No.23458276

>>23458073
this and the Korea mountains are keeping my faith in Cugs alive

>> No.23458328 [DELETED] 

>>23458251
>The reason we are able to buy so cheap is the IMF WHO didn't have a stable product of their own and have to explain why their system is crashing the global economy, Ripple came with a ready product that solves everything. They don't have any walls built yet so we are able to buy early and cheap.

it's probably the best crypto on the market and i have faith it'll do something but christ i've been holding since 2016.

>> No.23458364 [DELETED] 

>>23458328

i really hope they do hand the escrows over to the IMF, but it's baseless speculation.

>> No.23458368

>>23458155
checked.
So stress tests have been ran for those currencies. Next is the key. Unlocking Nostro/Vostro?

>> No.23458415

>>23458364
the IMF will be Eliminated by the trump administration. They are Evil.
IMF is also made irrelevant through XRP, XRP does what the IMF was created to do for free.

>> No.23458478

>>23458218
i wonder if this is going to be used to stabilize negative interest rates or something.

or are we really going to 2 teir society as far as economics are concerned?

>> No.23458510

>>23458368
GBP hasn’t made an appearance yet, if the timeline is being followed then that has to happen before we unlock whatever we’re unlocking.

>> No.23458529

>>23458415

the value of any crypto is based on consensus. i can only hope more people agree to use xrp.

>> No.23458568
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23458568

>>23458529
Have you not been reading this thread?
People ARE agreeing to using the XRPL
BILLIONS and billions are flowing it through it in tests right now
not just fiat currencies but cryptos too
its being tested anon
keep buying while you can

>> No.23458732

>>23458510
10xrp on it happening tomorrow.

>> No.23458743
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23458743

>>23458478
The Timeline has shifted, God has won before it even started. That's how much of a chad God is.

>> No.23458759

>>23458743
>The Timeline has shifted, God has won before it even started. That's how much of a chad God is.
Based.

>> No.23458783

>>23458743
This. It wasn’t that bad was it anons? I thought we were going to see something much much worse, but instead the cabal gets defeated and we become millionaires. How cool is that.

>> No.23458791

>>23458743
https://twitter.com/schumannbot/status/1300282179587538944

>> No.23458802

>>23458783
God why did I ever believe in this coin kek

>> No.23458804

>>23458791
>https://twitter.com/schumannbot/status/1300282179587538944
>Looks like an energetic reset - erasing old energy, patterns, systems, structures, to make room for the new.
I likey this comment.

>> No.23458834

>>23458804
I like that as well. I was just sharing the Schumann frequency with a friend today. How funny.

>> No.23459185
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23459185

>>23458783
https://www.youtube.com/watch?v=KEFPtG4dP0k
Bros, I don't know about you guys, but I'm already feeling greatful for this wealth that I have (in the future, that already exists). Hope I find a good wife, I'll also be a good husband, she wont need to be an wage slave, cuz I'll provide, and our children will be free to choose their path. I'm feeling ultra based, bros...

>> No.23459198

>>23459185
Blessedpilled

>> No.23459204

13th, 1st row

113

>> No.23459213
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23459213

>>23459204
forgot img lol

>> No.23459306
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23459306

Feelin Bullish

>> No.23459369
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23459369

I love glitches

>> No.23459457

>>23458478
Well if we are going to non inflatonary money xrp/gold is neg interest rates any different from current inflation. It is a way to stimulate the economy but in a different way. Make money velocity higher while keeping the same amount in the whole economy.

>> No.23459471

>>23459213
What is the relevance of Merkel in particular?

>> No.23459509
File: 169 KB, 1200x600, EIiS9hDVUAYl-Dh.jpg [View same] [iqdb] [saucenao] [google]
23459509

>>23459457
This is David Schwartz home, he built some weird ass star wars shit.

>> No.23459546

>>23456409
The interesting thing is that we have no idea if PayPal is actually custodying the full allocation of bitcoin that its users believe they have. Theoretically they may hold only a fraction. In that case, PayPal could actually drive the BTC price down* since it sucks buyers into its PaypalBTC without creating any new market buy orders. That siphons away demand in the real market.

>> No.23459619
File: 1.64 MB, 1018x592, 1224714209159716864_1224714209159716864.webm [View same] [iqdb] [saucenao] [google]
23459619

>> No.23459640

>>23459619
so what's going on in yukon?

>> No.23459735
File: 327 KB, 834x870, 1581679718759.gif [View same] [iqdb] [saucenao] [google]
23459735

>> No.23459748

>>23459735
Comfy.

>> No.23459785

>>23459735
nice

>> No.23459806

>>23455423
if it hasn't been posted already:
https://www.youtube.com/watch?v=fnwZca8z9II

>> No.23459817
File: 1009 KB, 1900x870, flare.png [View same] [iqdb] [saucenao] [google]
23459817

>> No.23459979

>>23456264
i'd assume before institutions (like central banks, for example) agree to use a technology they'd want to see it demonstrated, right? and we can assume they've been trialing the Ripple ledger and ODL tech in sort of private, sandbox type testing situations for a while but now it appears they are taking it live.

I'm also thinking here of the Cambridge/Ripple partnership going live last week: https://www.cambridgefx.com/press-release/cambridge-global-payments-ripple-partnership-goes-live/

and the Bahamas rolling out their digital currency, the first in the world.

the image that comes to mind is a few drops falling...but soon, the deluge

>> No.23459997

>>23456412
yeah it's looking like next month is going to be fucking wild. For Ripple, and for the world in general. We might hit fucking 500k cases of Coronavirus tomorrow- lockdowns are going to crash the economy- whatever happens with the election is going to be a shitshow, you just know it'll be contested by whichever side loses- and it's an awfully opportune time for a false flag/act of war/"natural disaster"

interesting times, we're living in

>> No.23460024

>>23456883
i think Mellon's was repossessed by hitmen, the circumstances surrounding his death were very weird

but yes the BIS and IMF are going to control the majority of what's in escrow i think

>> No.23460047

>>23457363
lol right? these people talking about forking XRP and multiple markets are just creating absurd strawmen...in what way would those courses of action benefit Ripple as a company or XRP/XRPL/ODL/DLT as a technology

>> No.23460059

>>23457364
for the invisibility cheatcode you have to charge up your orgone meter to 177.77% and then meditate with mantras/yantras/mudras in isolation/sensory deprivation until you can perform all siddhis

or you can just stay in your apartment where nobody can see you, it's essentially the same thing innit

>> No.23460071
File: 145 KB, 670x424, comfy.jpg [View same] [iqdb] [saucenao] [google]
23460071

>>23459185
>>23459735
>>23459997

>> No.23460081

http://galgitron.net/Post/DeFi-Defined

i recommend everyone read this to understand how big flare is going to be

>> No.23460116

>>23459806
nice choice anon

>>23459735
comfy edition of a comfy meme

>>23460071
yes

>>23459817
i like that you posted this just minutes before i was inspired to post a thing describing flare. we're on the same wavelength

>>23459619
it is beautiful. in this i see the shape of things to come? but where is london?

>>23459369
xrp has had the darndest glitches. if i weren't a schizo i might think they were features, not bugs

>> No.23460138

>>23459471
Germany had planned to create the EU since before WW1 and so the symbolism of her "anchoring" the G20 by being at the front right and with a different colored shirt i think is meant to indicate Germany's global leadership

>> No.23460158

>>23458791
why did you choose to quote this day in particular, if you don't mind me asking, anon

>> No.23460173

https://twitter.com/schumannbot/status/1319549141991698439/photo/1

here's the most recent one, by the way

>> No.23460194

>>23456801
That was me. Before I get into this though though, I will again say: I was simply responding to someone’s question about how a switch flip could happen. This is how I would do it if I was ripple.

> forked xrp rather than a bifurcated
Why? They have a known and tested product with name recognition. Cutting out retail, as I’ve detailed, could theoretically be done very easily. Banks ALREADY use different exchanges than retail - that part isn’t new. They could fit it into the existing system. Also, forking just so a few thousand nobodies don’t make it is retarded.

>>23456883
> relinquish control over the 55 billion xrp in escrow to the IMF
That’s exactly what I see happening. In fact, I see that as being crucial to success. I’d just say that I don’t think the IMF is the one to watch. The BIS is.

>>23457334
> Why would they overcomplicate things just to fuck over a few thousand normalfags
Exactly. As this anon points out, that’s just retard logic: >>23457363

>>23458149
> Banks don't have XRP. the XRP comes from us
You are a retard. Retail owns like 10%. Of that 10%, we don’t know how many are banks. XRP doesn’t ‘come from us’. Also see above linked post about escrow.

>>23458210
Pretty much what I think will happen with a bifurcated system.


Separately - that apparent increase in testing has got me very excited. We’re so fucking close!

>> No.23460215

>>23460194
>I’d just say that I don’t think the IMF is the one to watch. The BIS is.
Same thoughts here.

>> No.23460270

>>23460081
Good read. Ironically gave me a dose of hopium even though the author shits on buzzwords

>> No.23460328

>>23460194
40% of xrp is in the hands of retail, the rest is locked in escrow. banks used to buy otc from ripple but ripple stopped selling otc so banks need to head to exchanges and get from retail.

>> No.23460390
File: 2.63 MB, 3215x4096, Dt_eDYFWwAEcHCn.jpg [View same] [iqdb] [saucenao] [google]
23460390

>>23460158
There is a very ancient satellite controlling our reality on earth, it is the planet we call Saturn, it directs energy towards the moon which is not native to our solar system it was put here thousands of years ago. A Great solar flash will wipe out all of its data and reset the planet.

>> No.23460457

>>23455521
Its the same guy who use to toast in these breads before becoming disgruntled and making 50 posts

>> No.23460480

>>23460390
I’m ready

>> No.23460486

>>23455711
OoooOooooOOooooooOooOooooOoooo

>> No.23460510

>>23455935
>Xrp schizos actually believe this nonsense

>> No.23460526
File: 31 KB, 649x472, 1581739770357.jpg [View same] [iqdb] [saucenao] [google]
23460526

>>23460510

>> No.23460530

>>23460390
here's hoping

>> No.23460535

>>23456122
Bcash is not a professional or reliable company and the whole blockchain is a mess

No one is going to use Charlie Lees shitcoin.

>> No.23460562
File: 49 KB, 1280x720, squidward.jpg [View same] [iqdb] [saucenao] [google]
23460562

>>23460390

>> No.23460575

>>23460390
>A Great solar flash
recurrent micronova on 12,068 year cycle, inbound for 2046 or sooner
https://www.youtube.com/playlist?list=PLHSoxioQtwZcVLEJjpywllxdsEfJjoOQ3
https://www.youtube.com/playlist?list=PLHSoxioQtwZfY2ISsNBzJ-aOZ3APVS8br

>> No.23460600
File: 1.87 MB, 800x2100, 1603033384275.png [View same] [iqdb] [saucenao] [google]
23460600

>> No.23460662

>>23456883
Implying anyone ironically bought the top in 2017? Kek

>> No.23460681

>>23460662
My girlfriend did. She laughs about it still and just started buying again recently.

>> No.23460684

>>23456844
checked and schizopilled
good work brother

>> No.23460828

>>23455469
I like this. The price has just settled at 20 pence which is a denomination in bong currency. We should see a big GBP transfer soon

>> No.23460848

>>23460828
Hell yeah schizo chad.
25 cents is a denomination in the US too I wonder if you’re on to something.

>> No.23460850

>>23458743
>>23460390
these are my kind of rabbit hole, but where do i even begin the dive down here? any good vids?

>> No.23460856

>>23459213
Imagine a bomb going off under that stage

>> No.23460867
File: 8 KB, 184x184, 9B1968BF-BAB1-487F-B81E-0850424233A4.jpg [View same] [iqdb] [saucenao] [google]
23460867

>>23460856

>> No.23460875
File: 125 KB, 1715x1108, IMG_20201023_151933.jpg [View same] [iqdb] [saucenao] [google]
23460875

6 years, 0% roi

>> No.23460877

>>23459509
Did you take that?

>> No.23460906

>>23459546
>The act of making this investment through our platform will actually lower the price and lose you money!

If paypals buisness accounts are anything to go off thats exactly what they will do.

>> No.23460925

>>23459619
Could i get a link to this?

>> No.23461039

>>23460328
So the 10% I quoted may be wrong.

It would seem the 40% you quoted may be wrong:
https://www.google.co.uk/amp/s/www.forbes.com/sites/billybambrough/2019/01/24/data-shows-ripple-xrp-might-have-a-serious-problem/amp/

There’s maybe 15-25% retail.

75-85%, of shifted to bank only exchanges, would be more than enough to provide liquidity, provided the price is right. And again: if it’s a bank only supply, the price could be whatever they want.

>> No.23461081

>>23460024
perhaps thats why they killed him. 500 million in xrp @ 100 would make mellon crazy rich, something like what, 500 billion? @1000 he would be the richest man on earth, if not in history. getting into schizo territory here but maybe there is an agreement amongst the powerful people in charge that nobody that really matters will own more than a certain % of xrp, to maintain the balance of power, it is intended to be owned by governing bodies and no powerful individuals.

>> No.23461100

>>23455468
634 eoy check em

>> No.23461105
File: 30 KB, 712x671, 1591583056138.jpg [View same] [iqdb] [saucenao] [google]
23461105

>>23461081

>> No.23461126

>>23461100
i literally looked away from the monitor and typed the numbers too, had no idea id actually get dubs. spooky

>> No.23461128
File: 1.74 MB, 287x193, 1599848795200.gif [View same] [iqdb] [saucenao] [google]
23461128

>>23461100
Whoah
>1 post by this id

>> No.23461143

>>23461128
if it happens, im hyped

>> No.23461153

>>23461126
54 54
>>23461143
43 43

Bro are you david schwartz

>> No.23461172 [DELETED] 

>>23461128
02 02
How do all of your posts have dub dubs

>> No.23461195
File: 10 KB, 225x225, 1596336700508.jpg [View same] [iqdb] [saucenao] [google]
23461195

>>23461153
naw

>> No.23461315
File: 27 KB, 500x663, 1589740376541.jpg [View same] [iqdb] [saucenao] [google]
23461315

>>23461195
It is you

>> No.23461474

>>23460024
A fallen zerpie.
F

>> No.23461645

>>23455423
What was that. Site was just down for me for a while.

I think we’re on to something boys. They’re trying to silence us.

XRP truly is the standard

>> No.23461715

>>23455423

Accenture to hold CBDC talk on the 30th:

https://view.goview.accenture.com/?qs=185b983c84557df90d3ebd0bff7cb4b3cc0e6a66da363447e1d1d33c3cea6f78faa166d23d021255cd619ad68752ded51dbcc3ed38c297faa8b32ece659aa1c685e88c7391c4f08922cca6c0f29a80b4f798405c60dd2678

>> No.23461938

>>23461715
>The progression of CBDC’s from “if” to “how”
>Exploring use cases coming to the forefront
>Recent moves by the world’s largest central banks and what’s next

Good find, anon. Could be big.

>> No.23462122

Can someone redpill me on R3 Corda please.

>How is it linked to Ripple or XRP?
>Anything official showing link?
>Who owns it?
>Do they only use XRP or other chains too?
>anything else you think relevant.

>> No.23462171

>>23455423
XRP $3 EOY, Unironically

>> No.23462420

>>23459185
Love all of this. I’m hoping I get to marry this guy I’ve had a crush on for over 10 years

>> No.23462575
File: 208 KB, 1582x824, EiEVx3OUYAIyeXb.jpg [View same] [iqdb] [saucenao] [google]
23462575

>> No.23462722

>>23462575
I choose to believe.

>> No.23462773

>>23462575
how does a buyback work exactly?

>> No.23462833

>>23462773
basically it means in 10 or 11 years, you will be given between .24 and .26 per xrp you hold

>> No.23462863

>>23462833
After the 1 for 100,000 coin swap, of course.

>> No.23463135

>>23462171
WAGMI

>> No.23463136

>>23462575
Most importantly, right before the highlighted section; soon as they get it all back.

We won’t be paid out for the price of a kilo. It’ll become worth that much after it is out of our hands. Me no likey

>> No.23463174

Sage cripple scam

>> No.23463181

>>23463136
What price do You think they Will pay

>> No.23463290

>>23462575
Meh - see discussion above and on the last thread. There’s no need to buy back. They could just bifurcate and have banks source from a bank-only exchange/source.

>> No.23463317
File: 78 KB, 1280x720, 1603317639658.jpg [View same] [iqdb] [saucenao] [google]
23463317

vista
interiora
terrae
r
i
omnia
lapidem

OooOoo fellow schizos, what have unlocked here.

>> No.23463623

>>23462773
I imagine it would only work if you were being paid out in FedCoin or something if the sort. Send us your XRP with an address to send the FedCoin or something.

>> No.23463720

>>23460925
fiatleak.com

>> No.23463728

>>23463290
Disagree
They needed retail investors because it wouldnt raise any eyebrows like getting governmental assistance would have. Theyre just a cryptocurrency company trying to get off the ground that way
This is a global cash heist, they can repay that karmic debt and also show appreciation to the retail investors by initiating that generous buyback.
Whats order without a little chaos

>> No.23463977

>>23463290
THEY ARE NOT GOING TO BIGURCATE WHEN XRP IS ALREADY REGULATED YOU FUCKING MONG

IF YOU BIFURCATE YOU MUST REGULATE THE NEW COIN. XRP IS ALREADY REGULATED IN MANY PLACES. WHY WOULD THEY WASTE THEIR TIME REGULATING A MEME COIN THEY NEVER INTENDED TO USE.

>> No.23464046

>>23463728
What government assistance?
They needED (past) retail investors, but crucially, their actual clients (banks) do not. As described above - if you have a Bank only source, it can be set up with total stability in price. Retail wouldn’t have a big effect, but it would have an effect.

>> No.23464064

>>23463977
I don’t think you know what a “bifurcated market” means, retard.

(Hint: it’s not forking the coin)

KYS

>> No.23464203

>>23464064
Is there a precedent for a bank having a “second special market” where a commodity is a different price than retail.? Like say the price of gold is different for banks from retail investors, yet both banks and retail investors can still buy at the same time? As far as I know, this has never happened, and it sounds illegal. The price of something on the free market is the price on the free market. There is no “bank discount price” as far as I know. Pretty sure that would throw a huge wrench into the economy. I think this is just elaborate fud playing on a “what if” scenario designed to appeal to the schizos who will consider these potential outside the box developments. If you can’t provide me some historical precedent then your theory doesn’t hold much weight imo.

>> No.23464207

>>23464064
Care to explain what you mean?

>> No.23464267

>>23464207
He is saying that banks will sell xrp to each other for a high price but it will be a remain low price for retail...for some reason. As far as I know this has never happened so I don’t know why he is dreaming these schizo doomsday scenarios.

>> No.23464299
File: 292 KB, 862x575, 4BCBCA68-19BD-4299-B3F2-39B94841FC5B.jpg [View same] [iqdb] [saucenao] [google]
23464299

You guys notice how now the new fud is that they’re going to fork XRP so we don’t get rich?
It just keeps getting better. We’re close zerpbros

>> No.23464313

>>23455423
why are there generals and generals dedicated to a nothingburguer?

This is the most stable coin EVER

>> No.23464339
File: 24 KB, 293x241, xcom.png [View same] [iqdb] [saucenao] [google]
23464339

>>23464313
>nothingburguer

>> No.23464356
File: 201 KB, 562x504, REDACTED.jpg [View same] [iqdb] [saucenao] [google]
23464356

>>23462122

>> No.23464428

>>23464299
>we're close
for 3 years now

>> No.23464512

>>23464203
What precedent? Commodity? It’s a fucking internet token, chap! It may be regulated ‘as if it is’ a commodity, but it’s not really comparable.

The rates you pay for FX transactions are different to the rates banks pay

I could tomorrow set up a private golf club and members could sell that gold to each other at whatever price they want

Right now - today - banks use exchanges that you have no access to.

Right now - today - banks have memberships to clearing houses that you can’t get membership to.

The market is already bifurcated.

Also, “the free market price is the free market price” does not support your argument. In the “free market” I’m free to sell to who I want, where I want, at whatever price I want. There is no legal obligation to sell to everyone at the same price.

The FCA looks like it will label XRP as an exchange token. That is, a token only used to represent and pass value. Given the use case (this isn’t an asset, it isn’t meant to be held for more than seconds at a time), banks can do whatever they want with it.

>>23464207
Simple. How do you (i) immediately flip he switch (this all stemmed from me explaining how, practically, they could just flip a switch), and (ii) maintain stability.

Well, provide the BIS, or clearing houses, or whatever, with a supply of XRP. They will only trade that supply through CCPs, or bank only exchanges and banks will only be permitted to source from those exchanges. This cuts out retail.

The benefit of doing this is that banks will not be holding the asset - they trade in and out almost immediately. Their main concern will be liquidity and stability. If it’s on a bank only exchange, they can set the price at whatever they want and that would be the price. No speculation, no market forces, just the price. Whenever they wanted to alter the price, they could agree and it would instantly be altered. Again, zero speculation, zero market risk.

>> No.23464580

>>23464267
It’s not a “doomsday scenario”, halfwit. Read the last thread. It’s simply the easiest, most practical way of implementing XRP for banks and flipping the switch. It allows total control over price and total stability.

As I’ve mentioned several times: I’m not ripple and I’m not the BIS. This is simply how I would do it, if I was them.

Bifurcate the market.

>> No.23464664
File: 543 KB, 640x671, professional_retard.png [View same] [iqdb] [saucenao] [google]
23464664

>>23464580
>>23464512

So... what you're saying is XRP is dead?

>> No.23464672

>>23464207
>>23464267
>>23464512
Also, I hate that you’re making me repeat myself - this is all on the last thread. But:

If what I think should happen actually happens, we wouldn’t be cut off completely. There would be a good market for intermediaries to buy our bags (with a haircut) and sell on to the banks’ source (CCP, exchange, whatever). 95 on the dollar when it’s set at $1000 is still very good money.

>> No.23464682

>>23462122
Cords uses XRP as a settlement device. Here is a good rundown:
https://www.finextra.com/blogposting/17188/blockchain-corda-settler-ripple-and-swift-a-mariage-a-trois

>>23464512
I agree with what you're saying about how the banks can use it and cut out the retail market, but they can do that with any commodity. Theoretically they can set the price of "bank stamped gold" independent of gold in the retail space. Why would they suddenly do this now with XRP? I can see how the banks could eliminate on and off-ramping of their own XRP, but I don't see how that would freeze the price in the retail market at pre-switch prices.

>> No.23464696

>>23464664
How so? Cutting out retail? See:>>23464672

>> No.23464697
File: 112 KB, 463x275, 303C7217-53F9-48DF-8109-2D722FD09EB9.png [View same] [iqdb] [saucenao] [google]
23464697

>>23464512
Can you explain why they aren’t doing this already with gold and fiat currencies, and why institutions who currently use any other crypto do exactly this? Also how does this fit into the “Level Playing Field” that everyone’s been talking about. From what I’ve read from Schwartz, XRP won’t ever be hardforked and basically you’re implying that they will be making these transactions using another ledger that isn’t the XRPL.

>> No.23464733

>>23464512
>What precedent? Commodity? It’s a fucking internet token, chap! It may be regulated ‘as if it is’ a commodity, but it’s not really comparable.
Unless they...declare it a commodity. You know, regulations. Right now, it's still techinically undefined. You could have also said "I have no precedent for this ever happening, but hear me out."
>The rates you pay for FX transactions are different to the rates banks pay
Different prices for transactions does not mean "different prices for the same item."
>I could tomorrow set up a private golf club and members could sell that gold to each other at whatever price they want
Your private golf club is not listed on the free market and the economy doesn't depend on it. This analogy is retarded and completely nonsensical.
>Right now - today - banks use exchanges that you have no access to.
Ok. This does not mean they get "special discounts on free market items" though.
>Right now - today - banks have memberships to clearing houses that you can’t get membership to.
Again. This does not mean they get "special discounts on free market items."
>The market is already bifurcated.
Not in the way you are suggesting.
>Also, “the free market price is the free market price” does not support your argument. In the “free market” I’m free to sell to who I want, where I want, at whatever price I want. There is no legal obligation to sell to everyone at the same price.
What you are suggesting is not the same as joe schmoe selling a gold coin for half price to his friend john schmoe.
>The FCA looks like it will label XRP as an exchange token.
According to what? Your cavernous ass? This is complete conjecture. '

Again, if you can show me ONE EXAMPLE of this "special discount price bifurcated market" in history I will actually acquire fear, uncertainty, and doubt. Just like you want. You can tell your boss "I made someone doubtful today!" and maybe you'll get .000002 btc dropped into your shillwallet.

>> No.23464783

>>23464682
On the R3 thing: thank, I’ll have a read.

On the price thing. Yes, I acknowledged the 100 retail vs 1000 bank price was hyperbolic. The point is if they wanted to flick the switch and set a price, that’s how they could do it and that would be bifurcated prices (I.e. retail price could/would be different from bank price). In truth the difference in the two would be a lot smaller.

Still, if you want practically to flip a switch, that approach works.

>> No.23464831

>>23463317
strong digits to pic ratio. Also nobody tried to decode the riddle. Patrician schizos assemble

>> No.23464865

>>23464733
They will declare it a commodity. ETH and BTC are commodities and implying it’s not a commodity means it’s a security, which is 3 year old fud started by some retard who bought high and sold low

>> No.23464975

>>23464831
vitriol? unlocked where?

>> No.23464987

>>23464682
> why they aren’t doing this already with gold and fiat currencies
Use case. XRP is specifically intended to be stable. The more stable the better. That’s not the case for those others.
Also, they kind of are doing that already. Dollars/sterling/whatever cost you more than they cost banks to buy. Banks also already buy these on exchanges that you have no access to (in this case thoigh, it’s not the bifurcation that affects the price).

> other crypto
USE CASE. XRP is not other cryptos

> Level Playing Field
Across economies, not between banks and proles.

> implying that they will be making these transactions using another ledger that isn’t the XRPL
Don’t be a retard.

>> No.23464994
File: 51 KB, 699x699, 62KBU0Ch.jpg [View same] [iqdb] [saucenao] [google]
23464994

>>23464697
It's the latest, gayest fud possible. It's literally:
>Well, ok, xrp WILL go to the moon, but you won't be allowed on the rocketship!
>NO ONE WILL EVER BUY ANYTHING FROM YOU. YOU DON'T OWN NOTHIN GOYIM. YOUR PRICE WILL BE $10 AND OUR PRICE WILL BE $10,000,000 BWAH HA HA (laughing in hebrew)

>> No.23465009
File: 54 KB, 753x494, Screenshot (4).png [View same] [iqdb] [saucenao] [google]
23465009

Whats he talking about?

What is going to happen? does this have to do with Qanon?

>> No.23465024

>>23455423
XRP anon, if you're serious, do you plan on getting into UNN (unn.finance) ? You're going to need this insurance.

>> No.23465148

>>23465009
I guess he's sticking with the November time frame but the significance of the happening could be anything. Everyone assumes its going to be the flip switch and we'll all be rich but it's probably more along the lines of some new partner announcement or something

>> No.23465195

>>23464987
>Use case. XRP is specifically intended to be stable. The more stable the better. That’s not the case for those others.
So, xrp is designed to be stable, therefore, there will be...two prices? One for banks and one for normies? This does not logically follow, I'm sure you understand.
> Dollars/sterling/whatever cost you more than they cost banks to buy. Banks also already buy these on exchanges that you have no access to (in this case thoigh, it’s not the bifurcation that affects the price).
It's funny how another ID right before you used this exact language. Hmmm. Transacation fees save money anon, this not necessarily mean that banks can buy $50 for $40 because of special bank rights. Transactions and fees can save money but this is not the same thing as a flat discount. I'm sure you understand.
>USE CASE. XRP is not other cryptos
O...k? This doesn't mean anything.
>Across economies, not between banks and proles.
"LEVEL PLAYING FIELD NOT FOR YOU GOYIM!" ok...

I see a whole lot of opinions. Wouldn't sell my stack on it. Nice job though trying to blend in here though >>23461645

>> No.23465227

>>23464733
You clearly do not understand what a free market is? Where do you get this idea that the free market means everyone has to have equal access and price by law??

I’m not talking about different prices for transactions. I’m talking about prices. USD costs you more than it costs a bank. You are not entitled to receive the same price as a bank does, retard.

Gold club - again wit the “free market” thing. Are you a retard?

The FCS proposed that in their review of crypto regulation. Do you not read news?

You do not even understand what a “free market is”. Ironically, your concept of a free market is fucking communist: everyone must be offered the same price. You are beyond saving.

>> No.23465310

>>23465148
>>23465148
>Everyone assumes its going to be the flip switch and we'll all be rich but it's probably more along the lines of some new partner announcement or something
I assume that November 1st and "phase 3" will initially have nothing to do with xrp, but will lead to a set of circumstances that allow xrp to flourish in its designed role. November 1st is two days before the election.What if something is announced that is politically destructive, that causes mass civil unrest? What if this civil unrest affects the economy? What if we experience hyperinflation during the time an election is being tabulated. What if the economy burns to the ground and only "quick, decisive measures" can save it? This is where xrp will come in. They are not going to flip a switch in my opinion without making it clear to the public that the switch flip was "necessary." Destroy the old system first, then bring in the new. I assume Baba means he knows that some siginicant events are coming, that are much, much bigger than xrp, but will ultimately affect xrp directly as a consequence.

>> No.23465314

>>23464975
vista interiora terrare rectificando invenes omnia lapidem. It is in the words.

>> No.23465335

>>23465195
> there will be...two prices? One for banks and one for normies? This does not logically follow
It is the simplest way to establish a stable price. You’re just angry because you don’t understand so you think you will be screwed. You won’t. But you won’t be selling your bags to banks and they won’t be buying from you.

> I see a whole lot of opinions
No shit Sherlock. This is - as pointed out several fucking times - my own opinion as to how they could cleanly flip the price and maintain stability. You are angry because you do not understand markets or finance, so you can’t understand what that means for you. Don’t be scared, retard.

How about this - how do you see the being able - practically - to flip a switch and achieve 2k?

>> No.23465344

>>23465310
>"phase 3" will initially have nothing to do with xrp
My thoughts exactly.

>> No.23465375

>>23465310
Nigger, are you serious? I’ve presented a real world example of how a switch could be flipped and you’re giving me “that’s just an opinion”... and your alternative is fucking doomsday hyperinflation, civil unrest, economy burns down.

Someone asked yesterday what the best fud against XRP is. You. Halfwits like you are the best fud.

>> No.23465413

>>23465195
> Transacation fees save money anon,
It’s not transaction fees that mean you pay a different price. It’s credit spread and profit for the banks.
You really don’t understand financial markets, kid.

>> No.23465436
File: 19 KB, 628x269, idk.png [View same] [iqdb] [saucenao] [google]
23465436

>>23465314
>vista interiora terrare rectificando invenes omnia lapidem
translated, for anyone who is interested. I dont know what this jogger is talking about. Just noticed the acrostic "vitriol"

>> No.23465451

>>23465310
Wait. Are you the guy from yesterday? Fudding to shake out weak hands?

>> No.23465477

>>23465451
How does anons post read as fud?

>> No.23465483

>>23465195
>Across economies, not between banks and proles.
>"LEVEL PLAYING FIELD NOT FOR YOU GOYIM!" ok...
And you believe that the plan from banks was to level the playing field between them and proles? Are you retarded?

>> No.23465505

>>23465477
Stupidity is fud. Stupidity is the ultimate fud

>> No.23465509

>>23465009

>Use case. XRP is specifically intended to be stable. The more stable the better. That’s not the case for those others.

LOL RETARD WHY MAKE 100 THREADS TELLING NOOBS THAT XRP WILL HIT $2000

>> No.23465513

>>23465227
>Where do you get this idea that the free market means everyone has to have equal access and price by law??
Where do you get the idea that banks want to price out retail investors? Your whole argument hinges on this crazy, illogical idea. Even if banks get a "discount," xrp still needs to have high value to work. It needs to have high value in the bank system. It needs to cost a lot, for banks. David Schwartz said it himself. It has to be more expensive to even work. Now, retailies hold 10-15% of available xrp. That's ~15,000,000,000. If banks "get a discount" to buy xrp from each other, it would still need to be expensive to even work. So, banks could only get a discount "to a degree." You don't think that they would rather buy from retailies who hold 15,000,000,000 for fucking pennies? Especially when 55 billion is cryptographically locked in escrow and is released at a rate of 1 billion per month? What happens when thousands of banks want your cheap xrp? Supply and demand. Banks will buy your xrp because there is only ~4billion even available OTC and if they can buy it from you for 3 digits when it needs to be at 4 digits for banks, well then you better believe they will buy your bags. They will make money buying your xrp because it will appreciate in value in their system. They have demand, you have supply.

This has been lesson for you on the free market.

>> No.23465546

>>23465509
Because it will hit 2k. My entire argument sets out how it will hit 2k over-fucking-night.

At worst, it’ll it 95% of 2k for us. That’s fine by me.

>> No.23465599

>>23465024
Fuck off

>> No.23465608

>>23460906

Does this happen with Robinhood as well? It's funny that demand for crypto may actually be much greater, but all these platforms just transferring IOUs disguise that fact

>> No.23465684

>>23465509
ESL retard is back.

Go learn English pajeet.

>> No.23465708

>>23464046
You missed my point.
This was set in motion at least after the 2008 crash. They have had this all planned out since then. To seem like an organic grassroots crypto company, they needed to source retail investment, not rely on the governments of the world, the IMF and WCB to prop them up, the very same entities that are resonsible for their existance. If they had, that would raise too many eyebrows, too many questions would be asked. This is still why XRP is not mentioned even now, its described perfectly to be the solution we so desperately need for international payments yet its name is not spoken.
They arent going bifurcate/fork or whatever the fuck you mean by that XRP.
XRP was the plan all along, its the bancor of the modern digital world, we are pending our bretton woods moment and the new world.

If this is too schizo for you, take a moment to reflect where you are and open you mind

>> No.23465720

>>23464987
Banks don’t buy fiat. They borrow it with interest from the federal reserve.
You’re the retard here. There’s no way XRP with a different value is going to pass through the XRPL. When when bitcoin passed through the XRPL it was converted into XRP and then back into XRP, which btw that was the fastest bitcoin transaction ever recorded kek.

>> No.23465741

333 nov 11th

>> No.23465777

>>23465513
> Where do you get the idea that banks want to price out retail investors
Because XRP isn’t an “investment” to them. It’s was never meant to be. It’s an investment to us. To them it’s just a tool for fast, secure transfers.

> Even if banks get a "discount," xrp still needs to have high value to work
Do you know how to read? My entire argument details how they could set things up so that they can determine whatever price they want/need.
Again: The “price” of XRP is not relevant to banks, so long as there is sufficient liquidity (both supply and price) and stability. That’s the beauty of the product. They trade in and out instantly. They don’t hold it. It’s not a fucking investment. It’s designed to have virtually zero market risk and be at virtually zero cost. Do you not know what it is you’ve invested in, fren? I’ve detailed exactly how they could set it up so that they have perfect stability and supply (nobody incentivised to hold on to any in their bank market). Your communist version of a free market (all comrades must be offered the same price and access) is nonsense. You have no connection to the real world.

>the entire rest of your post...
That in no way contradicts what I was saying, retard. They (just like the intermediaries) wouldn’t buy from you at full price - why would they when they have a set price in ‘their’ market?

Supply and demand is precisely why they should have their own bifurcated market. Price fluctuations from supply and demand do not benefit the main use case

So why do I think intermediaries and not banks directly?
Mainly AML/KYC/CTF. It’d be a headache having to do that to each person you’re buying from. They won’t buy directly from our exchanges because they don’t know if the person on the other side of the trade is some average guy or someone funding the revolutionary guard. The free market will step in with intermediaries who are willing to do that dirty work (for a fee).

>> No.23465822
File: 90 KB, 1571x1054, CF9DAC9C-4A05-4776-BD4E-37DCCD2A0169.jpg [View same] [iqdb] [saucenao] [google]
23465822

Heads up zerps. We’re being astroturfed by a bunch of glowing samefags with the same rhetoric. This is some pretty good fud desu, finally no MUH CHART MUH JED DUMPERINO.

>> No.23465841

>>23465720
*Then back into BTC

>> No.23465857

>>23465546
Comfy friend, thanks for your insight. This comment put a bow on it that should make everyone lower their hackles.

>> No.23465910

>>23465777 checked
>That in no way contradicts what I was saying, retard. They (just like the intermediaries) wouldn’t buy from you at full price - why would they when they have a set price in ‘their’ market?
>Supply and demand is precisely why they should have their own bifurcated market. Price fluctuations from supply and demand do not benefit the main use case

A generous buyback would also fit this narrative by eliminating supply.

>> No.23465929

>>23465708
Fair enough anon. I respectfully disagree.

XRP is designed and intended for bank to bank transactions. They need no consent for that. It will not fundamentally change ANYTHING about the way the world works - except of course, payments will be faster.

That’s ALL that XRP is. That’s the beauty of it and it’s sad that you can’t see that. The product, the idea, is beautiful. They’re seen a gap and built a perfect, beautiful bridge over that gap and instead of seeing it for what it is, you’re saying “nah, it’s not just a stupid bridge, it’s actually a transformer and it’s got laser eyes”.

XRP is just a bridge. A beautifully designed bridge.

Digital currencies may have the kind of world changing effects that you’re talking about, but not XRP. It’s separate. It’s found a niche and has filled that niche perfectly and beautifully. So while XLM, or Libra or whatever are in the dog fight with CBs over digital currencies and the future of the world, XRP is not. It is an absolutely essential part of the new world (linking the new world together), yet it competes with nothing else. It just is.

It’s fucking beautiful.

>> No.23465951

>>23465741
2021

>> No.23465963

>>23465720
>Banks don’t buy fiat. They borrow it with interest from the federal reserve
You have gone full retard.
Bank A (in the US) has a payment obligation to Bank B (in the U.K.). The obligation is in GBP.

How do you think Bank A gets Stirling? You fucking trash human

>> No.23465995

>>23465910
Absolutely it would. But it would cost.

As I keep saying - this is how I would do it. It would cost nothing.

>> No.23466094

>>23465929
>I know, I'll pretend to love xrp, that will make me look like a normal user
>23 posts of fud by this ID
>"banks will have walled garden economies where they trade coconuts for thousands of dollars BUT they won't buy your equivalent coconut that you're selling for $10 (that they could then turn around and sell for thousands) because YOU ARE A PROLE (goyim) and THEY DON'T WANT TO MAKE MONEY
Fuck outta here. I'm done with your complete lack of understanding on the economy or how a free market fucking works. The entire backbone of your entire argument is that banks will ignore an easy way to make money because they hate the proletariat. Like literally fuck off you are so retarded and i am schizophrenic so you know that means something.

>> No.23466183

>>23465963
You didn’t even mention remitentes you fully disfunctional mongoloid. What you’re taking about has to do with Nostro/Vostro.

>> No.23466196

>>23465951
2000 in 2021

>> No.23466232
File: 228 KB, 650x355, 1603138609640.jpg [View same] [iqdb] [saucenao] [google]
23466232

>>23457285
>>23457314
>>23457344
>>23457364
>>23457374
that's a cheap knock of coin. Image attached is the only real collectable.

>> No.23466258

>>23466094
> entire backbone of your entire argument is that banks will ignore an easy way to make money because they hate the proletariat
You are unbelievably stupid.
My argument is how they should set up to achieve XRP’s goals: stability, price liquidity and supply liquidity.
I’ve explicitly explained why this is the best way (in my view) to set it up.
I’ve explained that this is how they could achieve 2k overnight.
Your entire argument is based on a fucking communist free market (everyone should have equal access and price).
Hell, I’ve even explained that the actual free market would inevitably step in and buy our bags from us - at the same fucking price the banks would (taking into account cost of the AML/KYC + profit), so we’re not getting shafted.
You’re just too stupid to understand it.

And let’s not forget, I’ve explained in the real world how they could flip the switch and achieve 2k overnight. Your version of that is hyperinflation, civil unrest and the economy “burning to the ground”: >>23465310

You fundamentally do not understand what XRP is. You fundamentally do not understand the real world. You are fundamentally retarded.

Stupidity is fud and you by that metric are the ultimate fud.

>> No.23466266
File: 450 KB, 500x564, 219DB2C4-5F07-482C-9232-8CBE951C2075.png [View same] [iqdb] [saucenao] [google]
23466266

>>23466232
I got it, too. And the rare babacucks /xsg/ one too

>> No.23466276

>>23466183
Are you having a stroke?

>> No.23466325

>>23466094
This guys right.

If XRP has any value, that value would be determined by the ones whole actually use it (banks) and if they felt like it was $2000 they would buy yours for <$2000.

If you’re saying that won’t buy yours for any price, then what you have is useless. $0.

The biggest failure of XRP is that it is designed like a currency. It has a dollar equivalent value. The anti-fud of “if it was worth more money, banks could operate more efficiently”. Sure, but with cryptography, you can code to scale droplets as “.4 XRP = $4000” via smart contracts, and wouldn’t need .4 XRP to be worth actually $4000. It’s just a contract for confirmation, not an actual value. Brad Garlinghouse is correct when he says XRP is not a currency. Flare will literally kill any XRP maximalists because you can resemble ratios on the ledger without having to equate the price to dollars without any abstraction.

XRP sadly plays to the lowest common denominator because it is such a good product, but sadly the Twitterverse doesn’t understand what flare is intended to do, or reads the white papers.

Basically it acts as a contract to allow .001 xrp to exist ok the ledger as (let’s just say) $100 without the actual value of .001 XRP becoming $100 globally, but just within that contract.

>> No.23466354

>>23466258
>dude i totally explained my rube goldberg conspire-economy in the last thread what's that oh no it's too stupid to repeat again here haha dont wanna get btfo haha you should just DYOR on my shitty half baked arguments haha they're infallible haha i already "explained it"
you're retarded bro, you live in la la land. Enjoy the economic nightmare that is right around the corner. A crash is coming, faggot. Imagine literally thinking otherwise.

>> No.23466368

>>23465995
It would cost the equivelent of an ounce of Gold per XRP. Then after they have them all back itll cost a kilo of Gold per XRP. Cost negligible

>>23465929
I like the cut of your gib, youre almost there. XRP and its usecase are beautiful yes. But its just the beginning and in no way detached from the future plan. Think what instant cross border settlements will enable and proliferate. A hugely powerful and far reaching conglomerate of power.

>> No.23466386

>>23466325
>if i just change my id, i can be anything
shut up bitch ass

>> No.23466395
File: 102 KB, 1200x768, 1602189688310.jpg [View same] [iqdb] [saucenao] [google]
23466395

What if the spark airdrop in December is a trick to get retail XRP on to exchanges where they can be seized?

>> No.23466408

>>23466266
Saved. Thanks anon

>> No.23466471

>>23465708
>6
>You missed my point.
>This was set in motion at least after the 2008 crash. They have had this all planned out since then. To seem like an organic grassroots crypto company, they needed to source retail investment, not rely on the governments of the world, the IMF and WCB to prop them up, the very same entities that are resonsible for their existance. If they had, that would raise too many eyebrows, too many questions would be asked. This is still why XRP is not mentioned even now, its described perfectly to be the solution we so desperately need for international payments yet its name is not spoken.
>They arent going bifurcate/fork or whatever the fuck you mean by that XRP.
>XRP was the plan all along, its the bancor of the modern digital world, we are pending our bretton woods moment and the new world.
>If this is too schizo for you, take a moment to reflect where you are and open you mind

so shizochan once again decoded the real reality and its gonna make us all rich?

>> No.23466492

>>23466354
You are retarded. You should KYS.

Your stupidity is fud.

>> No.23466521

>>23460867
good movie

>>23460875
6.1 years, 40,000% roi

>> No.23466522

>>23466354
>i am schizophrenic
>you live in la la land

Couldn’t make this shit up.

>> No.23466552

>>23466522
this is the schizo general, after all. My purpose here is rather obvious. (((Yours))) however; quite suspect!

>> No.23466576

>>23461081
yeah, considering the Mellon family's glowing history (look up Billy Hitchcock, Tim Leary's funder and owner of Millbrook, for example) and Mellon's own history of unpredictable behavior with substances and tendency to become outspoken i wouldn't be surprised if he was going to spill the beans or something. wasn't he the head of fundraising for the New York DNC? I imagine he knew where some fairly high-priced skeletons were buried. probably literally.

>> No.23466581

After everything that has happened with coronavirus I can't believe everyone hasn't gone full schizo. How many times do the conspiracy theorists need to be proven right? The normie media are the ones who lie.

>> No.23466623

>>23466581
>After everything that has happened with coronavirus I can't believe everyone hasn't gone full schizo. How many times do the conspiracy theorists need to be proven right? The normie media are the ones
deep down everyone knows this. thats why we are here fren

>> No.23466655

>>23466368
It’s certainly possible they do it that way, but they’d still have to find the money for that initial buy back. And would they force the buy back or would it be optional? By simply peeling away into their own market, they’d avoid those issue.

Anyway, I’m fallible and just giving my view of things - you may be right.

> Think what instant cross border settlements will enable and proliferate. A hugely powerful and far reaching conglomerate of power
I personally don’t see that happening. As far as I can see, digital currencies will just cement the power of states. The ECB talked about limiting use of a digital euro to only EU citizens. I think CBs are seeing this as a do-over of sort - a chance to design their perfect world. Full monetary and capital controls, full transparency (for them) of all transactions - it’ll be a nightmare.

I think XRP doesn’t get involved in that. It’s just quietly sitting in the middle of these warring factions competing for control. As always thoigh - I could be wrong.

>> No.23466668

>>23455423
XRP $2K EOY!

>> No.23466670

>>23461474
he was a good man- after he did an ibogaine journey to rid himself of his opiate addiction he paid for several of his instagram followers to undergo the same treatment out of his pocket. maybe when i fund America's first legal psychedelic therapy clinic off XRP i'll name it after him.

nah, i've already got it planned, i'm going to name it after my friend who OD'd but maybe the psych therapy wing will be the Matthew Mellon wing or something, or the Matthew Mellon scholarship... i imagine the right course of action will become clear as the narrative progresses, that seems to be how this whole "5d reality passing through 4d time into the 3d world" thing works

>> No.23466705

>>23461715
if you look into accenture a bit, it appears they are at the cutting edge of several tech-related economy type fields. i have no doubt they glow with the brightness of a thousand suns once you get a little closer

>> No.23466791

>>23466552
Sichizo =/= retard

Retard = Fud

You are fud and should KYS

>> No.23466812

what u guys think about XLM ALGO & IOTA

aren't they all in the ISO20222 cart?

>> No.23466847

>>23466791
Many blessings to you my xrp (((friend!))) I trust you and I will both be rich someday! Cheers!

>> No.23466895

>>23465509
I just made a post asking about baba I never said anything about price retard

>> No.23466933

>>23463317
the first thing that jumps out at me is "vitriol" acronym, reminds me of the two alchemical processes "solve et coagula," dissolve and coagulate, with vitriol being the old word for acid, which dissolves matter

the analogy being that ripple dissolves the currency of the sender and re-coagulates the currency into the currency of the receiver

"the inner view is a land _____ _____ all of stone" roughly

appears here: https://www.google.com/search?q=visita+interiora+terrae+rectificando+invenies+occultum+lapidem+significato&rlz=1CAQFVM_enUS884&oq=vistae+interiora+terrae+&aqs=chrome.4.69i57j46i13j0i13i30l4j0i5i13i30.9968j0j7&sourceid=chrome&ie=UTF-8

The term was also born as an acronym, VITRIOL, formed from the first letters of a famous Rosicrucian motto, [3] which appeared for the first time in the 1613 work of the alchemist Basilio Valentino, expressed in Latin: «Visit Interiora Terrae, Rectificando Invenies Occultum Lapidem », which means« Visit the interior of the earth, working with righteousness you will find the hidden stone ». The phrase sometimes continued with the words Veram Medicinam, indicating that the stone is also the "true remedy" for every disease, in which case the acronym became VITRIOLUM.

hey, i was right about the alchemical thing. sweet

>> No.23466936

>>23466847
And to you, fren.

With the OCC publicly describing that the market needs a bridge asset and with huge apparent stress tests running through the ledger, we can’t be far off liftoff.

WAGMI

>> No.23466972

>>23466395
Explain

>> No.23466981

>>23466655 checked again
The money for the buyback wont be an issue for them imo and history often rhymes, look to the Gold buyback

>I’m fallible and just giving my view of things
as are we all, appreciate you sharing thoughts and ideas. No one but those at the top truly know what is going to happen, I often err on the side of the worst case scenario

> it’ll be a nightmare
Agree 100%. XRP is our life preserver to accelerate us out of the coming hellscape

>> No.23466997
File: 604 KB, 800x792, Vitriol-2-basil_valentine.png [View same] [iqdb] [saucenao] [google]
23466997

>>23463317
is XRP the culmination of the Rosicrucian great work anons? is this what the Invisible College has been working towards? i just got unreasonably excited at the idea of participating in the project i've been studying for the last decade. basically the all-enveloping conspiracy of the Enlightenment...

pic related has a certain tripartite familiarity

>> No.23467032

>>23463317
the alternative, of course (much more likely) is that Babacugs and associated Riddler Retards are part of some kind of real-life Cicada 3301 ARG type thing, clearly associated with Q Anon etc...

but that doesn't go very far towards explaining their apparent foreknowledge of certain events, like regulations...

hmm.

>> No.23467078
File: 367 KB, 800x800, CB230F94-598C-49BE-8937-0BFD22DDCF3A.png [View same] [iqdb] [saucenao] [google]
23467078

>>23466668
Off by 2

>> No.23467089

>>23464733
why do i get the feeling that this whole discourse is manufactured. but again- by who, and to what purpose? elaborate FUD to get people to sell? who would be so invested in such a thing? as some kind of reverse psychology thing to inculcate even further the fervent belief that XRP is gonna moon? doesn't make sense.

>> No.23467121

>>23466812
Yes. They’re all make it coins. Everything else is token not needed or plays a minuscule role.

>> No.23467133

>>23465310
my personal guess is an EMP attack on infrastructure combined with a cybersecurity incident affecting the financial system- the phrase "Dark Winter" popped up in the debate last night and caught my ear

https://www.thelastamericanvagabond.com/all-roads-lead-dark-winter/

>> No.23467193

>>23467133
So should we be keeping our coins on a hardware wallet kept in an emp-shielded box? Or will they be useless after that?

>> No.23467210

>>23466981
> XRP is our life preserver to accelerate us out of the coming hellscape
Yep. I think we have a good few year (5 minimum). Before the new world sets in and maybe 10 before it really bites (initially, I expect CBDCs to closely aligned with fiat).

So that’s 5-10 years to use gains to set ourselves and our loved ones up. Invest wisely.

>> No.23467281
File: 214 KB, 1152x648, cheers.png [View same] [iqdb] [saucenao] [google]
23467281

>>23466936
WAGMI. What is your exit strategy, anon?

>> No.23467291

>>23466812
i could be wrong, but:

XLM will be the blockchain of the global south that focuses on banking the unbanked, and possibly eventually the global digital currency

ALGO will be the backbone of CBDCs for countries that don't want to make proprietary currencies, they will create their own permissioned blockchains on the algorand system

IOTA will be used for automated micropayments in the internet of things

all will be very useful and very profitable

>> No.23467304

F

>> No.23467318

>>23467193
i think so! in another thread an anon asked me "what's the point of shielding your ledger in a faraday cage if everything else is blown out" but i figure better safe than sorry.

i made mine by wrapping my hardware wallets in two layers of tinfoil lol i am a simple man

>> No.23467439

new thread:
>>23467426

>> No.23467467

>>23466395
What if most of us aren't holding our xrp on exchanges?
Because we aren't.

>> No.23467557

>>23467281
lol schizo is not lost on this one.

>> No.23467573

It was said in the thread that Mellon is dead/killed. How can you guys know that? He just stopped postning and you drew ur own conclusions? Or was he doxxed?

Yes i am a newfag who loves spoonfeeding.

>> No.23467636

Does anyone have links to the DEXs where the huge USD and JPY were put through?

>> No.23467637

>>23467557
i am home with my brethren

>> No.23467691
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23467691

This shit doesn't pump when the other shit coins are pumping, why are we still here?

>> No.23467757

>>23467691
Because it's not about norman market movement.
IYKYK.

>> No.23467883
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23467883

>>23467210
>So that’s 5-10 years to use gains to set ourselves and our loved ones up. Invest wisely.
All I'm here for.

>> No.23467938

>>23466933
Strong 33 digits everywhere.

>> No.23467975

>>23467281
>>23467281
Nothing set in stone - just sell as little as possible initially. Will the set up a trust and work on shifting the rest to there.

You?

>> No.23468283
File: 164 KB, 863x732, 1566852857358.jpg [View same] [iqdb] [saucenao] [google]
23468283

>>23466997
And deeper we must go

>> No.23468340

>>23466395
Well, I am self-custodying through my Ledger, so I guess it wouldn't work on me?

>> No.23468581

>>23460850
Start with david wilcock on youtube.

>> No.23468645
File: 285 KB, 1089x889, 1599962298963.jpg [View same] [iqdb] [saucenao] [google]
23468645

>>23459509
someone aught to tell him that one of his blasters is mis-aligned.

>> No.23468701

>>23462575
>>23462722
>>23462773
>>23462833
There will be no buyback, the only source for a buyback is this guy. No one can force you to sell your xrp and ripple can't force your wallet to return its xrp.

>> No.23469134

>>23468581
He's been wrong too many times to be taken seriously.

>> No.23469477

>>23467573
https://www.nytimes.com/2018/04/20/style/matthew-mellon-dead.html