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File: 75 KB, 749x952, XRP-DEX-BTC.png [View same] [iqdb] [saucenao] [google]
25861172 No.25861172 [Reply] [Original]

Why is there so much bitcoin being traded on XRP's DEX? The same thing with USD, there was $100,000,000,000 moved on the DEX today. What is going on? Why is there so much money moving through XRP, I thought it was a shitcoin?

>> No.25861226
File: 83 KB, 698x958, lots-of-usd.png [View same] [iqdb] [saucenao] [google]
25861226

>> No.25861243

The schizos were right...

>> No.25861382
File: 78 KB, 655x955, XRP-DEX-EURO.png [View same] [iqdb] [saucenao] [google]
25861382

My question is why isn't this information being shown on the volume on livecoinwatch? It says there is only a volume of 2.7 B on XRP but there is literally hundreds of billions moving through XRP

>> No.25861408

>>25861172
because XRP is just the native asset on the XRPLedger XRP is still kinda a shitcoin but the XRPL is the real thing and is 100x more efficient than bitcoin's ledger so people move BTC over the XRPL

>> No.25861425

This is the Taiwan dollar.

>> No.25861435

>>25861382
Livecoinwatch is not looking at every asset transferred on the XRPLedger, most exchanges directly use the XRPL for transactions though

>> No.25861455
File: 85 KB, 769x969, XRP-DEX-Taiwan.png [View same] [iqdb] [saucenao] [google]
25861455

>>25861425
whoops forgot image

>> No.25861483

>>25861435
does coinbase use XRP for trading Bitcoin? what about paypal?

>> No.25861529

huh. turns out it was the standard.

>> No.25861554
File: 60 KB, 748x930, XRP-GOLD.png [View same] [iqdb] [saucenao] [google]
25861554

I looked at the schizo threads and they said something about XRP and the gold standard and there actually isn't a lot of gold being traded on the DEX. These represent a gram of gold and there isn't much movement...

>> No.25861566

>>25861483
niggers tongue my anus

>> No.25861602
File: 72 KB, 817x928, XRP-SILVER.png [View same] [iqdb] [saucenao] [google]
25861602

But there is a lot of silver being traded..

>> No.25861642
File: 231 KB, 1966x756, Screen Shot 2021-01-11 at 11.41.15 PM.png [View same] [iqdb] [saucenao] [google]
25861642

Purple = Ledger

Were not even in the first inning

>> No.25862031

>>25861642
>ID=purple
what does it meannnnnn???

>> No.25862639

>>25862031
more and more transactions facilitated on ledger

now depending on mass transactions, there must be a tipping point in which it becomes more beneficial to have xrp being a higher price to lower transactions costs further

So over time the more the ledger is used, the bigger the transfers. The bigger the transfers the higher token price theory comes in effect

>> No.25862883
File: 1.06 MB, 1125x2436, 2CCA0EA1-54BE-40C6-AFAC-F7051907E6AE.png [View same] [iqdb] [saucenao] [google]
25862883

Fud bros... why are they moving gold and silver on the XRPL? I thought chainlink was supposed to do that....

>> No.25863132

>>25862883
Why does it look like the ultimate online ui?