/biz/ - Business & Finance

>devs print and dump like 20 mil XRP in a day
heh, nothing personnel mr. bank

>>25529590
Good goy, use the technology the banks invented to sell to you so they could take your BTC and ETH

>>25529659
>BTC/ETH
cringe

>>25529590
you are clueless and a noob.

>>25529590
Now let me explain to you how it really works
>invent token that has no real world use case
>sell it off to people in order to fund Ripple's other, non-XRP related banking technologies
>Fund a schizo NWO shill narrative that gets shilled on boards like 4chan in order to keep the price propped up as they steadily dump their supply onto the masses
>Ripple essentially gets free donations to develop separate banking technologies
>Bagholders become eternal

>>25529851
>>25529724
>>25529650
>cant tell if youre shills or just completely midwitted

>>25529883
You fell for the XRP scam and yet I'm midwitted, you should just keep your day job

>>25529590

The stupid but true answer which you must accept is that fundamentals dont matter in crypto. Nor do they matter in conventional markets, because the Fed has ensured with QE that even the most cancerous markets and lending practices can and should be "rehabilitated" so the party can never stop. The past 10 years has been a major windfall for pretty much anyone with significant money in the markets. Now, because crypto has no profits or cash flows, all that money from the legendarily long bull market since 2008 has been flowing into crypto. None of these projects have a price that reflects their utility; all their value is speculative and based purely on brand recognition, emotion, and essentially tribalism. Of course, scary news kills projects, but beyond that, coins will go x100 in a bull run with absolutely zero use and implementation. Don't rekt yourself by looking for what project is the most sensible and rational on paper. The only fundamentals in crypto that matter are the slightest whiff of news about banning or regulation.

This economic crisis amid covid was the final push to ensure stocks and crypto will make everyone rich, as the dollar inflates to oblivion. Your shitcoin doesn't even have to have good fundamentals when the dollar (the biggest shitcoin of all) is being printed at a furious rate.

>>25529590
Nano is better than XRP and it isn't a complete jew coin. Get fucked cripple bitches. Enjoy losing your money to a coin that will actually improve the world.

>>25529650
>printing XRP

>>25530174
Yeah, I’m sure nano is going to dominate cross border liquidity....lol

>>25530518
It already does cripplet. How's alt season going for XRP, by the way? Still down 50% while everything else is pumping? Lol that's kind of pathetic

>>25529650

>>25529590
Not just using a stable coin instead now they’ve gov approved, kek

>>25530014
As crypto goes mainstream (spoiler it already has) then obviously fundamentals will matter, your mindset is stale and tiresome.

>>25530840
>high gains means good project
Not in this market kiddo, my dogecoin is up more than your nano
Get rekt

>>25529590
>xrp
>devs keep dumping
>banks and institutions still leaving it behind because of low activity
>SEC
>screeching holders

Don't sell.

>>25529650
You do realise even if they actually did this that the xrp daily volume is in the hundreds of millions right? Like 20m xrp is literally nothing lmao