/biz/ - Business & Finance

>>54367698
>pic unrelated

Literally 0

>>54367698
0. It’s a scam. I’d be impressed if it ever got back to 3 dollars or tree fiddy

>>54367735

Woah (YOU) WOULD BE IMPRESSED?!?

(YOU) of all people?!!!

B-B-But everyone really cares about (YOU) and your opinion and look to (YOU) for your thoughts about anything! If (YOU) were impressed that would be a huge game changer.

I'm not sure what to do now?!

>>54367698
Im an old xsg dude. I'll tell you the real number. 1500-2000xrp. Ignore wallet anon posts. Its garbage.

>>54368005
When you say wallet anons, do you mean the guys saying you need 4300 zerps?

>>54367698
50K suicide stack, Anyone who says it is less than this is a brown-skinned newfag

>>54367698
100 xrp make it
10 xrp sui stack
2^32 drops if you want to open your own banking institution.
>>54368030
You have misunderstood what the wallet reserve represents. It is a ledger feature to prevent spam and guarantee the entire ledger can run on a normal computer - which is why it is so fast btw. If the validator nodes voted to raise the wallet reserve to its maximum, any wallet with less than 2^32 drops would be in receive only mode until it had more deposited OR it sent itself to a larger wallet during the deletion process. You still own all of your xrp, less 2 which is the deletion fee. You would then use the ledger access rights of your larger wallet and keep on doing business like normal. Many people aimed for 2^32 drops because it is a logical threshold for 'making it' at an unknown value. I hope this clears it up for you.

>>54368130
When you say a larger wallet, do you mean one owned by the person in question or another entity?
I only have 3000 XRP right now, say if this wallet minimum change occured overnight, would my XRP be effectively worthless if i couldn't get the new minimum?

>>54367698
Stack of a 100 xrp will give you $58.9k

>>54368130
once the government has a CBDC they will be authorized to burn the tokens of criminal holders.

Despite the fact that it is against basic hunan rights, this includes individuals in the marijuana industry.

I will be branded a criminal and tortured for the rest of my life and it's because you bought XRP.

I hope you die the most painful and greusome feath you worthless piece of shit.

>>54368214
>XRP be effectively worthless
No because it is a commodity which you can sell as you wish. Your present wallet address however would be limited on the ledger to hold/receive/send+delete, none of which change your ownership.
For example you own 2 wallets. Wallet #1 holds 2^32 drops -50 and wallet #2 holds 2.100000 xrp. By deleting wallet #2 and sending it to wallet #1, wallet #1 now has 2^32 drops +50 which means it could perform all ledger commands up to spending 50 drops, at which point it would go back into hold/receive/send+delete mode.
>Wallets with more than 2^32 drops are effectively exchange/financial institutions. Which means the make it stack of 100 xrp and 10 xrp sui are reasonable at $30k+ per xrp. You don't need a private wallet to use xrp as a commodity, only if you want to use the ledger as a direct participant.

>>54368303
>tortured for the rest of my life and it's because you bought XRP
So the more xrp I buy the worse the torture will be? That almost sounds like a security. Go back to bed Gary, and let the adults talk.

>>54368214
>>54368355
Whoops, this should read as 2.000100 which is 2 xrp plus 100 drops. I am not used to a millionth decimal system yet.

>>54368092
you are a fucking nigger anon.
10k is the suicide stack and always has been.
some say 1k but just to be safe its 10k
20k is a make it stack anything else you will be giga wealthy if you can hold long enough.

>>54368256
this is fundamentally wrong because the ratio is US Debt / Escrow = Target Price but realistically the protocol was designed for $10,000 because at 6 decimal places for one drop (0.000001) that would be $1

>$ 10000.00
>X 0.000001

>>54368355
Thanks anon i appreciate the time you took to explain that to me.
Is there anything about having that unrestricted access to the ledger that I would want? Like a lend feature or something?

>>54368303
Thanks just bought 100k

It’s been 10 long years let that sink in.

>>54368836
>Is there anything about having that unrestricted access to the ledger that I would want?
There was an excellent insider here at the beginning of /xsg 2051 who was certain that it would be adopted at ~$30K per coin. Which means the minimum wallet cost with a maximum reserve would be $128M. So, it would seem to me that there will be a market for people who need a full wallet for a period of time but don't have that capital up front and would be willing to rent your address and command rights from you at a fraction of its face value, so they could access the ledger for business reasons for a defined period of time. I think that many /xsg'ers will end up becoming marginal financial institutions in niche markets because they have personal wallets. Out of the 4.6M wallets in the world, less than 410,000 of them are reserve maxed. Which is ~8% of hodlers for an already rare coin. Now imagine what the rest of the world will pay for temporary ledger access.

>>54368985
>reserve maxed
What do you mean by this?

>>54368005
you think you're gonna make money on a thousand bucks

>>54367967
the resilience on cripple is seriously impressive
to think your "project" survived this long while delivering absolutely nothing is legendary

>>54369486
They hold 2^32 drops +1

>>54368985
Wow, that's definitely something I would be interested in,thanks for that

>>54369675
You are welcome anon. /xsg walks with Christ and we always try to help anons out. As far as I can tell, the ledger's transparency induces a profitable opportunity for savvy anons. Lets say you are a business/HNWI and you want to move some money around discreetly. Well, if you use your own wallet then you have zero privacy. But, if you use fiat banking to transfer your money to a maxed out wallet anon who then does your buying/selling with their command keys (while taking a hefty brokerage fee of course), you generate trustless invisible capital. I haven't seen this mentioned by any other anon, so I will call this 'Susan Faye Accounting' in honour of my wonderful mother. If you hold physical control of reserve maxed wallets in multiple countries, you will be able to scale these profits internationally. Assuming the money going in is clean (due diligence and KYC AML time!!!) any of us could run small brokerages generating invisible capital transfers for people. Which will be worth wayyyyyy more than staking.

>>54369650
Consistency is key

>>54369486
it's a wallet with like 4400 xrp's

get 10k to be safe.
just chill, everything will be alright anons.

anyways, heres a nice historical pic.

>>54367698
You need 500k to 1M to "make it"

uhhhhh.... not like this
https://twitter.com/SimonGotRekt/status/1640904702098567169

>>54368130
what was the deal with having >4294 when in fact we are talking about 4294 million drops?

>>54372916
a8, i've figured

>>54368303
Weeds gonna be legal bro chill out.

>>54367698
300k suicide stack
3m make it stack

> None
You’re already too late bucko

100 XRP = make it stack
10 XRP = suicide stack

Roughly 30-35 XRP = $1mm

>>54373489
>>54373085
>>54370292
>>54368256
>>54368130
Why so many different numbers? Whwre did you niggas come up with this?

>>54373535
100k = Speculative bag
10k = Utility bag

Speculative holders would love to sell at $10 and make a cool million.

Utility holders will never sell, at $100 they make their first million.

You might ask. What does the utility holder do at $100 price. If he never sells he cant get his money.

But we will be able to stake and earn a % yield per year. Even if its only 5% you make 50k a year passive income.

You can also collateralize and take out loans against the XRP.

>>54373489
Put another 0 on your numbers and I think yours is the most correct guess

>>54373535
My totals are the same as:
>>54368130
Although I disagree with them about the wallet reserve part.
As for my source? Cryptic symbolism in my dreams
>>54373692
Just keep 100 XRP in reserve no matter what and you won't be disappointed

>>54373775
Sorry I fucked up. I think make it stack 100,000 xrp sui stack 10,000 and I think you’d get a nice million around 30,000 - 35,000. We think the same but different.

>>54369787
This seems too interesting to not know more about. What can i look up to read more on this?

>>54374107
I am the inventor of Susan Faye Accounting, which is really just trustless/fiat arbitrage. Lurk /xsg and toss ides out to the community if you think of ways people can make money with maxed out wallet reserves. We are in for a wild, wild ride my friend.
>Praise the Lord

>>54368693
This is literally the ONLY accurate statement posted to this FOMO thread.

If you want to FOMO into The Standard then go to the XGC general, present your anus for inspection and beg for mercy for your transgressions.

The values have always been:

>1000 xrp suicide
>10000 xrp make-it (third world edition)
>30000 xrp make-it worldwide
>50000+ xrp bond villan tier wealth, you will own the G650 and be happy
>100000+ xrp finance revolutions, form nation states, establish lunar outposts.

If XRP is actually the standard, then expect 10,000 to 30k price points on a long enough time horizon.

>>54374635
>>1000 xrp suicide
>>10000 xrp make-it (third world edition)
>>30000 xrp make-it worldwide
>>50000+ xrp bond villan tier wealth, you will own the G650 and be happy
>>100000+ xrp finance revolutions, form nation states, establish lunar outposts.
>If XRP is actually the standard, then expect 10,000 to 30k price points on a long enough time horizon.
Stop posting garbage. At 30k a coin, 100 XRP gets you $3,000,000.00 and 10 xrp $300,000 which is still enough for a house in cash. New investors should focus on getting to at least 100 coins and then building from there.

>>54367698
1 million XRP should net you a million dollars, enough to make it if you move to Thailand.

>>54374675
>At 30k a coin
Get a hold of yourself man, jesus christ

4500xrp is a make it anyone saying otherwise is a demoralizing faggit

>>54374846
Where exactly can you make it with $4,500 USD? Are you moving to a brazilian favela?

>>54374856
Yeah banks are going to use a dollar coin are you stupid a nigger a stupid nigger or just a demoralizing faggit?

>>54374868
>Yeah banks are going to use

>>54374901
>C stupid nigger

>>54374675
right what's the time-frame on this

>>54367698
XRP? It's a dead banker's shitcoin that goes against the very ethos of crypto. Hold 0 to make it. But you should be holding 5000 BSV at least.

>>54367698
You couldn’t stay in your own containment scam thread?

>>54375031
This summer. Clarity very soon, less than a few weeks or even earlier - many expect an announcement within the week - and then continuous adoption. Fednow users will have parallel xrp ODL accounts which are supplied from the escrow at OTC prices while everyone else will pile into the ~47B circulating supply. Game theory informs us that non-speculator wallets will hodl for as long as possible, while the mega-wallets may sell part of their supply to generate operating capital up front but 95% of wallets hold less than 10k xrp, which means even if all of the private whales dumped at once, it wouldn't be sufficient to satisfy normal market volume and definitely not for FOMO market volume.
>Tl;dr HODL anons, HODL

>>54375031
Exactly, fag who doesn't understand time horizon lol.. ignore him

>>54374675
The minimum stack is 1000 xrp.

If you can't afford $560 usd for a shot at generational wealth then you are the most filthyist of poorfag pajeets (who can't even pool all the village resources to buy a suicide stack)

Sell your anus and suck dicks to buy 1000 XRP if you must because you will be waiting decades to make it on just 100 xrp.

>>54375256
The level of restrain I am exhibiting not to swing a portion of my bag for a 7k usd profit out of fear of an XRP gigacandle is causing emotional damage FR.

>>54367967
Why are you so upset? No one forced you to buy this scam.

>>54369650
>delivering absolutely nothing
just value around the world in 4 seconds
I'm sorry you have none