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/biz/ - Business & Finance

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25782006 No.25782006 [Reply] [Original]

WTF IS THIS TRUE? ZERPBROS?

>Ripple is dumping copious amounts on retail investors, manipulates the market, nobody is using its products without being paid to do so, those paid to use XRPL immediately dump their XRP, the chad winklevii wants nothing to do with XRP despite being offered $1M just to consider it, none of the users of ODL are banks, use cases should really be called "use" cases, the overwhelming majority of ripple's revenue comes from selling XRP, ODL is more expensive than traditional alternatives, ripple sells XRP at 30% below market rate to institutions with no stipulations that they do not market dump immediately, the privately stated goal of ripple was to increase speculation, ODL volume is basically a sham to fool retail investors, ripple themselves said it's not a currency because you can't buy shit with it, ripple's internal policies treat XRP as a security, the CEO was paid by ripple to achieve a specific price target for XRP, ripple believes dumping XRP "according to liquidity" is part of their fiduciary responsibility to shareholders, and last but not least
>XRP IS A SECURITY

>> No.25782133
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25782133

FUD dismissed.

Have a nice day.

>> No.25782237

>>25782133
Where are the counterarguments? I'm getting weak handed bro

>> No.25782875
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25782875

>>25782237

This currency couldn't be in a more challenging situation and it is STILL surpassing and testing .30 support.

Despite its situation it is still blasting on all cylinders in all foreign corridors with transactions.

It is a completely transparent and accountable bank coin that is not currently under control of the CCP. There are next to no transaction fees across all independent validators - only one of which is Ripple Labs..
Most fudders hate this because they want crypto to be free and decentralized and not controlled by a gov't, that's why XRP catches a lot of flack. Philosophically I sympathize with them.

The transactions complete in 3-5 seconds.

Contracts will be available within the next 3 month utilizing Flare.

Most of the strategic C-level positions at Ripple labs are filled with heavy-hitting people-of-note within the fintech industry, which tells you how enmeshed this tech already is with the system.

Yes, crypto is still a wild-west situation and we don't know what it will look like a week from now, let alone a few years from now, but XRP is one of the lead ponies in the race right now. You'd be a fool to sleep on it.

>> No.25783209

>>25782875
That doesn't address the pasta at all, it's just a generic shill

>> No.25783324
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25783324

>>25783209

Well it looks like it's generic FUD versus generic shill then..

Just another day on /biz/..

>> No.25783881

>>25783324
The "generic fud" has never been debunked