/biz/ - Business & Finance

BAHAHAHAAHHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 2 MORE WEEEEEEEKKKSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! BAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I can't wait for the meltdown. They just abandoned xrp to die. things must not be going well in the lawsuit

Coinbase delists XRP
>NOOOOOO #RELIST XRP YOU BASTARDS RIPPLE DID NOTHING WRONG!!!
Ripple is not offering XRP in their own Crypto Liquidity Hub
>NOOOOO, THEY DON'T HAVE CLARITY YET FOR XRP THEY CAN'T USE IT!!!!
The retarted duality of delusional cripple bagholders

>>54601952
retard, you do uinderstand that if XRP loses against SEC it is the end for all alts, including the mother asshole from which all shitcoins spring?

>>54601929
Wouldn't this be the case for any trading platform that serves American customers though? No one wants to touch it in an official capacity here until they know what the ruling says it is. I mean, what are they supposed to do, offer it in trading pairs to US clients and give the SEC more to complain about?

Anon, stupid "gotcha" posting is for boomers and TV watchers. Think about things before you type them out.

>>54601929
WHAT THE FUCK GOD DAMMIT WHY THE FUCK DID I BUY THIS JEW COIN.

>>54602009
You've been warned countless times

>>54601985
Cope lmao we both know that isn’t true.
>>54601929
>sept 20

>>54601992
Ripple is acting cool by saying shit like
>we don't care if we lose, we operating WORLDWIDE IN THIS BITCH
Then they're launching a product and don't offer they native coin to the people outside the US. Why a guy from Bangladesh can't use XRP on a platform created by Ripple?

>>54601929
>all assets on Ripples liquidity hub will operate on the XRPL and will be wrapped in XRP

>>54601929
hahahahahahahahahahahahahahaha

>>54602031

IF XRP is a security then they are all a security.

'Gary Gensler hints that ether’s a security too'
https://www.protocol.com/newsletters/protocol-fintech/gensler-ether-security

'SEC’s Gensler Reiterates ‘Proof-of-Stake’ Crypto Tokens May Be Securities'
https://www.bloomberg.com/news/articles/2023-03-15/sec-s-gary-gensler-signals-tokens-like-ether-are-securities#xj4y7vzkg

'SEC Boss Hints That Ethereum (ETH) Is a Security'
https://u.today/sec-boss-hints-that-ethereum-eth-is-a-security

>>54602076
>IF XRP is a security then they are all a security.
Lmao. No. Nice cope. If xrp is a security, it dumps, the market moves on and xrp dies alone. Deep down you know this is true. Not clicking your cope links.

>>54601966
so what about the rest of the world where it DOES have clarity? How come exchanges can cater to various jurisdictions and Ripple can't?

>>54601985
>lies
>implying
>more lies
>cope
not based.
oh boy the meltdown cope has already begun kek

>>54602405
No idea, Ripple is just a joke at this point >>54602045

XRP DOWN -15% THIS MORNING, SELL WHILE YOU CAN
JUST FLIPPED MINE INTO BTC

>>54601929
AHAHAHAHA
sold everything

>>54602534
looks like Schwartz is either a total retard who can't help himself and opens his mouth just a little too wide ever time, or this is a last ditch effort to put as much ground between him and XPR as possible as the SEC judgment day looms.

I think ripple will win soon, they only released liquidity hub because they are preparing for xrp clarity, otherwise they wouldn't even have launched it, or did but only overseas and included xrp anyway.

Soon XRP gets clarity then they made an announcement of including it

>>54602760
in just two more weeks, right? LMAO

>>54601929
Ripple still won't get a billionth of the "token not needed" comments that Chainlink gets.

Xrp really makes eth maxis rage it is hilarious to see. Like they are so very terrified that xrp is actually legit and that will result in total breakdown of the ego. Fun shit ngl.

>>54602362
wrong again, but nice try retard.

if XRP a security then there's a clear precedence agaisnt arguably one of the strongest players in this space (Ripple spent $100MM in the lawsuit) so SEC will move on to quickly destroy them all.

>>54602886

Oh nonono linksisters….

>>54602076
>IF XRP is a security then they are all a security
Wrong.
Only the ones that openly shill their token.

>>54602886
>it would be better if Ripple held less XRP
>therefore it's okay for us to dump it and get rich
Amazing.

>>54603013
it's not as much about getting rich, it is about admitting they need to keep dumping XRP in order to keep their lights on and that they actually have no other use for it, i.e. nobody is going to be using it, not even Ripple. If this does not wake the crippletards up, nothing will.

>>54603038
>and that they actually have no other use for the XRP token
This.
They said as much even before the lawsuit too.

>>54603131
saying is one thing, doing stuff is another. They've launched a product using money from selling XRP which does not use XRP. They needn't have said anything at all.

Really makes me wonder why the SEC never sought an injunction against Ripple to keep them from selling any more of the alleged unregistered security.

>>54602980
>openly shill their token
retard. obvious is obvious and also the very issue upon which SEC went to trial:

an "investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others."

>>54603509
The seller literally shilling the token creates this "reasonable expectation of profit".
It's almost impossible to prove that the seller wanted to create this expectation without them literally shilling the token.
Read the original Howey case.

>>54602886
Ripple already said that they're just waiting for regulatory clarity to list XRP.
Odl uses xrp and it's already being used by a lot of institutions

>>54603672
>Odl uses xrp and it's already being used by a lot of institutions
Virtually nobody was using it prior to the SEC lawsuit, the odds of an "institution" starting to use it after the SEC lawsuit are virtually non-existent lol

>>54603709
>Prior to the sec
That says it all

I hold alot of XRP

tell me the news

is it good or bad

>>54603771
bagholder two.

Xerpes is obviously a security. so unless biden shits a XRP flavored bunny out of his asshole, we are fucked.

>>54603741
kek, how many "institutions" started using the token after it was slapped with an SEC lawsuit for being an unregistered security?

>>54603771
Just ignore it, treat it like meme dates. In a day or two it'll be forgotten.

Yes lawsuit is ogre for ripple, token not needed, its going to 0. NOW POST YOUR SHORT POSITIONS OF THIS GUARANTEED MONEY PRINTER

if this is bad why is the price pumping?

>>54601966
XRP price isn't dependent on the actions of Ripple.
Never has. That's why it's not a security and never could have been.
In fact Ripple is detrimental toward the price of XRP.
Cope.

>>54603038
But selling XRP pushes the price down.

>>54604130

>>54604171
The XRPL and XRP existed BEFORE Ripple.
With all the happenings with delistings and SEC actions against their shady company, it's hard to argue they positively effect the token price.

One of the biggest things people shit on Ripplers for is that they missed the entire bullrun.
Why? RIPPLE.

Argue with this. I'd love to hear how the above is in any way wrong.

>>54602076
>hints that
>may be
>hints that
meanwhile they actually sued ripple instead of dancing around the subject. gee i wonder why?

>>54604192
kek. Ripple shud have just spoken with you and saved themselves a hundred million dollars on attorneys.

>ITT: a bunch of smoothbrain niggers who don’t understand Liquidity Hub being baited by a self fudding faggot
You niggers realize that the Ripple Liquidity hub is THE EXCHANGE for banks and financial institutions? Its literally tokenized digital assets on the XRPL you stupid nigger brained mouth breathers. You think Ripple holds all those assets? Where and how do you think this liquidity is sourced? You stupid nigs realized this is exponentially superior to using LN and mETH L2? It’s simplicity and efficiency driven by the company who’s pushing for XRP globally I don’t understand how you faggots could actually be laughing at this. You niggers should be terrified AMM is coming kek.

>>54603709
Stupid nigger this the lawsuit document, from 2020
Why are you faggots so retarded? UAE is using it right now and head of SBI Japan said the whole world is gonna use XRP lmao you nigger stay seething and coping and letting XRP (the standard btw) live rent free in your little noggin.

>>54601985
Good thing I'm too smart to buy alts

>>54603709
XRP fags will never recover from this. At least they shouldn't. If they had a brain at least

>>54601929
I love Ripple, the ultimate fudder of them all

Why hasnt the SEC gone after DOGE as a security as much as Elon Shills it and allows people to buy products with it

>>54606570
because DOGE wont be used for the largest wealth transfer in history

>>54606570
The same reason they haven't gone after BTC even if Michael Saylor shills it every hour. DOGE is a Proof of Work coin.

>>54606570
Because DOGE is originally mETHcuck shitchain worth absolutely nothing and mETH trannies attacking their own bastard child is counter intuitive and dangerous because it would make people start question mETH, the absolute shitcoin dumpster chain shitting out thousands of “”projects”” worth absolutely nothing.

>>54606777
This is a fair answer. The other answers are kind of copey. But Proof of work has never been mentioned by Gensler or the SEC. Doesnt even come up through a search on their site. Why not explicitly state this is the reason for the suits

>>54606868
>Why not explicitly state this is the reason for the suits
Didn't they sue LBRY for selling unregistered securities despite it being a mineable coin? It had to do with the developers promising a return on the investment. I'm going to guess they don't explicitly state PoW coins are cleared from any lawsuits because devs could still hold a private or public sale before the coin is mineable (ETH falls under the latter category).

>>54606570
Because you deserve to be mindfucked for not being an idiot.

>>54604908

nobody is using your scamtoken little baggie

>>54601929
what coins will be used when transferring those coins are bought and need to be sent somewhere else? Possibly across borders?

>>54608001
obviously eth cause who doesn't want to wait hours and pay a $50 fee?

>>54602009
because jews never lose
except in the end when they go to hell

>>54608307
Eth fees are 5 cents for a swap on L2. Xrp bagholders still stuck in their cave from 2020

>>54608804
You dont underatand what layer 2 is and you will get rekt

>>54601929
Oh no it's brover bros
Guess I will now have to deploy my own Chainlank token on remix.ethereum.org
>p-pay up

These stinkies are NUTS for brains that cannot even into reading words or charts! Bullish! Buying more zerps (XRP)!

>>54604908
>UAE is using it right now
What a retarded thing to say; UAE isn't using it at all, some literal who company in UAE is using it, because they're paid by Ripple to use it.

>SBI Japan
Ripple literally bought parts of SBI Japan back in 2020. That kind of explains it lmao

>>54603509
>from the efforts of others
so stakers and alertors are all in the green then, for they dont relay on the efforts of others but are themselves providing a necessary function to the ecosystem
thats eth already secured and all the bullshit in this thread can be safely ignored as the lawsuite is very much confined to ripple and to the usa
jeet coins will continue to be made, pump and dumped and traded on dexes/ ofshore platforms
i mean recent events have shown the usa isnt even world police for real monies anymore, row is going to laugh at a usa world wide crypto ban

>>54602076
you do realize the jew will be out of office soon right when the political circus turns again in the coming elections

>>54601929
Oh, dear, I'd rather have XMR or even ORE.

>>54611466
XRP isn't totally out of place, you could include that with some privacy tokens to go with, like ZEC or DASH, or even with a decentralized ID and rights token like ORE.

>>54606187
Got me some a while ago, but this time, cryptos that connect we2 and web3 IDs are really of interest to me.

>>54606570
>>54606777
Because neither Elon nor Saylor are in any way seen as part of Doge's/BTC's hierarchical structure.

>>54606187
Fancy privacy cryptos more tho, though RAIL, ZEC, and XMR are quite amazing, Ripple ain't bad.

>>54601929
You can't use your your own asset as liquidity you stupid fucking twat

>>54607013
>LBRY
LBRY was hunted down because Odysee was a hub of WN content, the excuses the SEC gave were just pretexts. Similarly XRP is being hunted because it's a legitimate threat to USD supremacy, BTC and ETH are not because they can't scale.

>>54602929
That's because the function of an oracle doesn't necessitate a token.
And Ripple doesn't control the XRPL, they just use it and the XRPL literally requires the XRP token.
Hard for link baggies to comprehend I know.

>>54612817
>the function of an oracle doesn't necessitate a token
Vitalik disagrees, see pic.

>And Ripple doesn't control the XRPL
They don't need to. The Howey judgment from 80 years ago literally says "or a third party".

>>54612788
LBRY was hunted down because they openly shilled their token.
Any crypto that does this is extremely likely to be hunted down by the SEC.

>>54612866
ICP did this with an identity layer and it's superior.
That's literally him saying the token isn't needed.

As far as Howie... literally nothing to do with token being needed discussion.

>>54613018
Ah yes yes, IcyPiss will save the day

>>54613018
>ICP did this with an identity layer and it's superior.
You mean known sources running their own oracle nodes and signing their own data? See pic.

>As far as Howie... literally nothing to do with token being needed discussion.
You started talking about how Ripple doesn't control the XRPL.
Whether they do or not has nothing to do with being a security or not.

>>54613111
The comment I responded to was entirely about if the token is needed and my response was totally about of the token is needed.

>>54613042
>>54613111
Why does Vitalik the furry acknowledge the identity layer as a solution?
And different nodes use the identity layer to verify data source from another node.
The identity can go anywhere. That's the entire point retard.

Stop coping.
The quote YOU PROVIDED is literally Vitalik acknowledging you can do it without a token.
Which means TOKEN NOT NEEDED.
It's not a meme, it's true.

Now,. they will continue inefficiency, just like the rest of the ETH community to make money, that's for sure.

>>54613525
What did "ripple doesn't control the xrpl" have to do with anything, if not the security lawsuit?

>>54613552
>Why does Vitalik the furry acknowledge the identity layer as a solution?
The whole point of crypto is NOT to have to rely on an identity layer.