[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

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

/biz/ - Business & Finance

File: 2 KB, 300x168, download.png [View same] [iqdb] [saucenao] [google]

24206460

Anonymous Tue Nov 24 01:51:08 2020 No.24206460 [Reply] [Original]

Here's a hard pill for you to swallow:

Everyone talked about the exact same thing in 2016 and about how XRP would be used by financial companies etc. but the implementation did not come. Ripple has several products, the most popular of which does not even use XRP for liquidity. They paid MoneyGram to go out and advertise their partnership with XRP. There has always been sick hype around their SWELL conference and after that there are always big sales of disappointment.

We do the following thought experiments: I am a bank. The problem I want to solve is verification of payments online with direct clearing. I am traditionally prepared to take zero risks with money that is in transfer.

I can choose between 1) a private blockchain from Ripple Inc or SWIFT's own product that will sooner or later be launched, or 2) a public blockchain where the price can theoretically be manipulated by Chinese and people who post frogs on the internet and where volatility risks be anything but stable because the transaction takes place with an asset that is traded on various exchanges around the world.

If you think that the banks choose 2, I also think XRP has a serious chance.

>>	Anonymous Tue Nov 24 01:53:05 2020 No.24206492 >>24206460 Didn't read, not selling.

>>	Anonymous Tue Nov 24 01:53:47 2020 No.24206513 >>24206492 Stay poor

>>	Anonymous Tue Nov 24 01:54:06 2020 No.24206519 >>24206460 This constant fud..

>>	Anonymous Tue Nov 24 01:54:45 2020 No.24206530 Haha wow nice essay but have you ever thought that you are fucking retarded and have no idea what you are talking about?

>>	Anonymous Tue Nov 24 01:54:50 2020 No.24206532 >>24206519 I got the logs to prove I made a killing at 3.5 USD back in 2017.

>>	Anonymous Tue Nov 24 01:55:01 2020 No.24206534 File: 40 KB, 800x450, pepelaughz.jpg [View same] [iqdb] [saucenao] [google] >>24206460 Here is a hard pill for you to swallow: You had 3 YEARS to fill a bag. 3 YEARS! Fuckin cope, crybaby!

>>	Anonymous Tue Nov 24 01:55:27 2020 No.24206543 banks are already using their own private blockchains for this. see: JPM coin

>>	Anonymous Tue Nov 24 01:55:44 2020 No.24206546 >>24206460 https://www.ccn.com/xrp-10-times-safer-than-fiat-for-intl-payments-ripple/

>>	Anonymous Tue Nov 24 01:56:11 2020 No.24206564 >>24206530 Tell me where I'm wrong. >>24206534 See above. I sold my bag at 3.5 and made a lot of profit. Are we at 3.5 yet? No? Jelly? Yes.

>>	Anonymous Tue Nov 24 01:57:05 2020 No.24206589 >>24206460 This was already debunked, sorry.

>>

Anonymous Tue Nov 24 01:57:37 2020 No.24206598

>>24206546
Not true. Volatility within SWIFT is hedged by the cost for the sender. I can tell my bank I want you to receive 10 USD and they will lock in a price. If this is done via XRP then your currency will have to be hedged against two different currencies.

>>

Anonymous Tue Nov 24 01:58:10 2020 No.24206613

>>24206460

everything you just said is quickly debunked in 5 mins of skimming through the Ripple manifesto. it is funny tho, like the LINK fake logo or json parser meme. so dumb people actually belive what you say instead of taking 30 seconds to read a legitimate webste.

>>	Anonymous Tue Nov 24 01:58:38 2020 No.24206623 >>24206598 For 7 seconds

>>	Anonymous Tue Nov 24 01:58:40 2020 No.24206625 >>24206589 Show me where then?

>>	Anonymous Tue Nov 24 01:58:46 2020 No.24206627 >>24206532 ok cool so you're just seething bc you dumped your stack and missed out on 2k EOY. Stay poor!

>>	Anonymous Tue Nov 24 01:59:15 2020 No.24206636 I know right, silly XRP gooses should just sell their bags while the gettins good! wink wink

>>	Anonymous Tue Nov 24 01:59:43 2020 No.24206646 >>24206613 You're like the third person to claim this but yet noone can provide me with a single proof. Seems like you're very facts and logix man.

>>	Anonymous Tue Nov 24 01:59:47 2020 No.24206648 File: 3.37 MB, 4256x2832, switching-on-light-getty-0519.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Tue Nov 24 02:00:31 2020 No.24206658 $5 tomorrow

>>	Anonymous Tue Nov 24 02:00:45 2020 No.24206666 >>24206627 Screencap this. In one year, XRP will be below 0.5 again.

>>	Anonymous Tue Nov 24 02:00:57 2020 No.24206670 >>24206460 Post some proof nigger. You won’t.

>>	Anonymous Tue Nov 24 02:02:33 2020 No.24206701 >>24206658 It would be so neato to make more than a year's salary in a single day. Either way, it's an exciting time to be sure.

>>	Anonymous Tue Nov 24 02:02:38 2020 No.24206706 >>24206666 Missing the part where it moons right before that and I dump

>>	Anonymous Tue Nov 24 02:02:40 2020 No.24206707 >>24206460 Lol bank of america just announced its using ripplenet Your fud is weak and you are swine.

>>	Anonymous Tue Nov 24 02:02:48 2020 No.24206711 >>24206460 This post just made me buy more XRP. call it whatever you want, but you could've gotten in and made a killing but youd rather sit there and cry.

>>	Anonymous Tue Nov 24 02:03:05 2020 No.24206718 >>24206670 You're not very smart are you? I just told you why XRP can't be adopted, and that there's zero new things since 2016.

>>	Anonymous Tue Nov 24 02:03:12 2020 No.24206720 >>24206666 I don't think you understand what flare is going to allow for. Eth is history.

>>	Anonymous Tue Nov 24 02:04:31 2020 No.24206753 >>24206646 Your post was linguistic piss and shit indicative of a stroke. >"peepee poopoo" >"prove me wrong!" Just be a passive little bitch that you are and cope when xrp is $40k

>>	Anonymous Tue Nov 24 02:04:31 2020 No.24206754 >>24206707 Read up on how RippleNet works. >>24206711 You do as you want, I warned you.

>>	Anonymous Tue Nov 24 02:09:38 2020 No.24206860 File: 155 KB, 600x337, gordon-gecko-sold-early-too-277992-1.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Tue Nov 24 02:10:57 2020 No.24206891 Chart looks clean for the next leg up buy now! 20 cents cheaper than 90cents each will go over 10 dollars in less than a week. believe in XRP! XRP ARMY!!!

>>	Anonymous Tue Nov 24 02:14:33 2020 No.24206972 Stop sharing why its going to hit 2K let people miss out.... its okay. XRP ARMY!!!

>>	Anonymous Tue Nov 24 02:20:00 2020 No.24207082 You're right. There are people here that think the pump was caused by news instead of planned to coincide with news. It's one thing to believe that if you just got here but those that have been here for years are ngmi.

>>

Anonymous Tue Nov 24 02:23:41 2020 No.24207160

>>24206460
You really think posting your attempted FUD in a 4chan thread is really going to make XRP any cheaper?

>100B total supply and I'm gonna try to get people who post frogs on the internet to shake out!

You are dumber than someone who doesn't have XRP!

>>	Anonymous Tue Nov 24 02:24:26 2020 No.24207173 File: 178 KB, 550x527, FuckYouIwarnedYou.png [View same] [iqdb] [saucenao] [google] >>24206564 You had 3 YEARS to fill a bag.

>>	Anonymous Tue Nov 24 02:31:23 2020 No.24207286 Just a reminder that xrp is a white supremacist racist nazi 4chan coin and we all need to sell immediately. If you made any gains donate them to a holocaust memorial near you. >BLM

>>	Anonymous Tue Nov 24 02:32:29 2020 No.24207302 These droids same ol story every bullrun, ripple wait 4 btc run and hype their own shit what is useless more than 15years and dump the little man with billions of freely printed coins from thin air. We got our shill army for the next 4yrs.

>>	Anonymous Tue Nov 24 02:33:43 2020 No.24207326 >>24207286 kek'd irl

>>	Anonymous Tue Nov 24 02:36:59 2020 No.24207370 >>24206666 based as fuck and checked . fuck nufaggots and fuck xrp

>>	Anonymous Tue Nov 24 02:41:45 2020 No.24207444 File: 30 KB, 150x156, moni 5.gif [View same] [iqdb] [saucenao] [google] There any point in getting to that snapshot/spark shit? I just wanna hold.

>>	Anonymous Tue Nov 24 02:42:39 2020 No.24207460 >>24207444 >is there any point in getting free money?

>>	Anonymous Tue Nov 24 02:43:26 2020 No.24207472 >>24206460 >in 2016 it's 2020 tho

>>	Anonymous Tue Nov 24 02:43:49 2020 No.24207480 The occupation of private detectives is getting more popular nowadays. That’s why after the perspective pre-sale the GTX price can grow x10!

>>	Anonymous Tue Nov 24 02:46:05 2020 No.24207511 >>24207460 good point.

>>	Anonymous Tue Nov 24 02:48:45 2020 No.24207565 b bb bbbbut this time its different!!!

>>	Anonymous Tue Nov 24 03:36:31 2020 No.24208407 >>24207160 ngmi

>>	Anonymous Tue Nov 24 03:38:03 2020 No.24208430 File: 33 KB, 480x360, 1603492363746.jpg [View same] [iqdb] [saucenao] [google] >>24206460 >2016 was speculation time >2021 it's implementation time Learn the difference it could save your life

>>	Anonymous Tue Nov 24 03:40:49 2020 No.24208478 >>24206460 Price literally doesn't matter. It's the speed and virtually no fees.

>>

Anonymous Tue Nov 24 03:50:52 2020 No.24208654

>>24206754
If you really think speed is the sole reason for banks globally to adopt XRP you don't understand what's ahead. Spoon feeding time is over anon. Sorry you aren't packing your backs but things are never returning to normal. The digital economy is coming into full swing.

>>	Anonymous Tue Nov 24 04:16:43 2020 No.24209104 This is all people bagholding ftom last bullruns peak and already euphoric at 50cts. Prepare to get dumped on before the snapshot date, and hopefully the number of shityy xrp threads dies down again.

>>

Anonymous Tue Nov 24 04:18:32 2020 No.24209129

>>24207444
Flare will be useless. Just like codius it will fail ans get shuttered in few months. >>24206460
Xrp devs promised the world and delivered very little. Xrp the actual coin can easily be replaced by faster coins like nano. There isn't any reason to build on xrp.

>>	Anonymous Tue Nov 24 04:22:05 2020 No.24209183 >>24206666 checked

>>	Anonymous Tue Nov 24 04:22:38 2020 No.24209192 >>24209104 you had 30 years

>>	Anonymous Tue Nov 24 04:25:10 2020 No.24209228 >>24206534 Hahaha if you filled your bag more than a year ago then you are still at a loss!

>>	Anonymous Tue Nov 24 04:38:13 2020 No.24209491 >>24206543 FUDDER, we are talking about inter-bank transactions

>>	Anonymous Tue Nov 24 05:01:19 2020 No.24209915 >>24206666 >bought and probably will make 50x >absolute worst case scenario i brake even or >didn't buy >worst case scenario lose out on a 2000x coin lmaoing @ your life right now

>>	Anonymous Tue Nov 24 05:11:54 2020 No.24210177 File: 485 KB, 2048x2048, 36421DE1-57DE-4932-B401-E5BF7F8CDA7C.jpg [View same] [iqdb] [saucenao] [google] >>24206460 still buying Cyberpunk

>>	Anonymous Tue Nov 24 05:21:34 2020 No.24210386 >>24209491 The idiot doesn't even know what a bridge currency is xD