/biz/ - Business & Finance

Fuck this god damn coin.

BTC getting shorted while Ripple going up
banks are so fucking obvious

>>5593460
Because it's objectively just the best cryptocurrency to use.

>Super fast transaction times
>Super low transaction fees

Its APPLICABILITY is through the roof compared to other coins. No normie gives a shit about 'fuck muh banks'. What they care about is something they can use and they don't have to think too much about. Ripple is just the answer.

>>5593616
Yeah they don't want to think about anything and they, like always, ended up ruining everything.

>>5593616

>can use
>>can use ripple

-The supply is fixed.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-The current minimum transaction cost required by the network for a standard transaction is 0.00001 XRP.

-Ripple's share is locked in 55 batches, only one batch can be unlocked per month. This provides a source of revenue for Ripple to improve the technology and pump XRP. Their incentives are aligned with XRP holders.

-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power. With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable entities around the world are currently running validators, more keep joining.

-Ripple doesn't use proof-of-work anywhere which relies on inflation or outrageous fees.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.

-The software is open-source (Stellar was a fork of Ripple)

>>5593460
okay but where the fuck can I trade it that isn't absolute shady garbage and doesn't have 100% hot garbage interfaces or restrictions like binance (seriously fuck only allowing whole number currency trading)

im not shilling but this coin Will be worth 4 million dollars per coin in 5 months time
if im short by just a dollar i will crush my testicals in a vice live on cam

>>5593775
So can you give me a guide on how to run my own trusted XRP validator?

>>5593838
https://ripple.com/build/rippled-setup/

>>5593775

>>Owned by banks

>>ALl transactions tracked

>>They hold the majority already.


BTC was supposed to be a wealth transfer from the jews to the common tech-savy person.

This is just a reverse transfer. DO NOT FALL FOR THIS SCAM COIN.

BTC/ETH/XRB. This is the future. OPEN. FREE. NO FEES.

Let the banks DIE. They should NOT be at ground zero for the founding of a new world currency. The PEOPLE should, and the people ARE at the founding of XRB, BTC and Eth.

>>5593874
>When other rippled operators add your public key to their list of trusted servers, you have become a trusted validator.
>Also see Properties of a Good Validator for best practices.

>>5593879
>>ALl transactions tracked

same as bitcoin, if you want anonymity and privacy, don't be a retard and use monero.

>Owned by banks
Ripple is not a bank. The project was started by an engineer who got banned from Paypal for no reason so he decided to do something about it.

>They hold the majority already.
their share is locked in an escrow (55 batches). Only one batch can be unlocked per month. This aligns their incentives with XRP holders (pumping XRP).

https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/


With other coins, few early adopters/miners/founders hodl most of the coins and refuse to sell, they cripple the market by keeping the liquidity low and they scare companies because they can get dumped on at any time.

>>5593775

Literally everything below the top 10 market cap coins is better when it comes to all the technological advantages you pointed out

Even then, Raiblocks is faster and Stellar is like a much more evolved version that Ripple can never be (given its fixed structure).

This is literally the godsend pump of whales making money off normie money, nothing else.

Enjoy the train and get off before it goes off the cliff

>>5594003
DAG is a joke, it doesn't matter if it shits trillions of transactions per second.

Stellar is just a shitty fork.

>>5594024

Who said anything anything about DAG?

If ripple literally has transaction speed time as its real 'advantage', then Raiblocks does 5X that speed

Lol why would a bank buy ripple's blockchain tech when they go with a faster one?

I can make an ICO on Stellar platform, can you do that on Ripple?

>>5593460
That pump and my margin position just earned me over 70k in less than 24hrs

>>5594094
Raiblocks is a DAG scam.


>I can make an ICO on Stellar platform, can you do that on Ripple?


your snowflake coin can run scams, congrats.

#2 on coinmarketcap before eoy

>>5593616
You're so fucking stupid it hurts.

Don't talk about normies when you're the definition of one.

>>5593460
What would happen if ripple overtakes bitcoin?

>>5594152
>predicting the past
So this is the power of /biz/...

>>5594152
it already is #2

>>5594152
it got there. it will need sometime to stabilize.

They thought we were kidding when we said it will dethrone bitcoin.

>>5594201

>>5594130

>your snowflake coin

I'm just talking about fundamentals here, no need to get defensive. I didn't know the XRP bubble was that tight I was going to burst your dreams

If I can find a better alternative thats not being pumped by whales and normies, im going to go with that. Since the only response I get from educated XRP hodlers is just pathetic rebuttals. No wonder this price is exploding, literally only retards are buying and throwing money away

>>5594266
>being so contrarian that you hate money
maybe take a break from 4chan bud

>>5593812
Post link.

>>5593775
-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power. With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable entities around the world are currently running validators, more keep joining.

That's what a bitcoin full node does you babbling piece of shit.

>>5594266
if running ICO scam is all you care about then here you go you little baby:
https://www.jonhq.com/how-to-run-an-ico-on-the-ripple-consensus-ledger/

They were not meant for this purpose, but you can create/participate in ICO scams.

Paid channel signals shared for free: https://discord.gg/sMsurw4

>>5593775

>BCH
>0.26/transaction

Try $0.01 average champ, now I can't believe any of that shit in that stupid picture.

>>5594437
The trusted validators in Ripple act as the miners in Bitcoin. Their role is to agree on a certain order of transaction. A ledger is considered valid only if a 80% threshold is readed.

https://ripple.com/build/xrp-ledger-consensus-process/


In Bitcoin, just Bitmain or China can fuck with the chain. In the future, any rich person can buy most of the mining pools/hardware.

In Ripple, the trust is specified explicit. Good luck convincing 100s of entities with different ideologies and interests to listen to you, and all you can get them to do is to stop validating, double-spending is not possible.

>>5593460
H-Holy M-ma-*BURGPP*ckerel

>>5594564
kill yourself.

https://bitinfocharts.com/comparison/bitcoin%20cash-transactionfees.html

>>5593460
linklets on suicide watch

>>5594618

>basing average fees off bcore infrastructure

Come on goy, Bitcoin Cash is fucking 4 months old and bcore's fees are fucking stupendous - a lot of wallets are grossly overcharging for transactions atm.

The average fee for Bitcoin Cash is $0.001

Kill yourself (after Ripple prints a few billion coins you will anyway).

This is the new Verge, shitty normies coin overbought, that will dump hard.

They bought it just because it was at 0.25

>>5594763
it will all come tumbling down soon enough

>>5594734
except that verge is a shitcoin with no professional company behind it.

>>5594734
You got rekt. Accept that.

When the mining rewards drop, Fees will rise to incentivize the miners. Don't you understand that miners don't work for free? They are currently subsidized by inflation.

>>5593616
There is literally nothing inventive or unique about Ripple

It brands itself as a cryptocurrency but it is anything but. Can't mine it. Can't stake it. Not decentralized. Literally controlled by Jews.

If you're buying this you're contributing to the death of crypto. No, I don't care if you're making money on it, it shouldn't fucking exist

>>5594919

You should not want a 'company' behind a privacy based coin that focusses on you remaining anonymous.

This has to be dark in order to sustain.

>>5594734
>>5594970
"The Bitcoin block mining reward halves every 210,000 blocks"

>>5594178
Jews win. Crypto dies.

>>5593616
>Super fast transaction times
I disagree. It took about the same time as ETH. And ETH is used a million times more so I cant imagine how slow it is when its used properly

>>5595052
no you fucking retard, neither Ripple nor Bitcoin are privacy/anonymity coins. Use monero if you privacy/anonymity.

When I'm paying for Uber or placing an order in Amazon. I want to two things only 1) low fees 2) speed.

If I want to pay for a porn subscription or durgs, I would use monero.

Ripple is shillcoin, the establishment will try to pump it as they see crypto will inevitably win then they will try to fuck everyone in the ass as they always do.

>>5595086

>not siding with the jews

>>5593874
>https://ripple.com/build/rippled-setup/
I have FreeBSD, can I run a server? How much XRP/day am I looking at generating if I run a ripple server/validator?

For the guys that always call the "dump"
And for the ones that said xrp isnt 1 $ never happen

there is 1.7M xrp sell wall on bithumb holy fuck

>>5594194
keked

>>5595829
Give it a few minutes and its broken ;)

>>5593460
>Ripple a centralized 72b marketcap shitcoin
>LINK, which makes cripple obsolete and a thousand other things 163m marketcap

kek I fucking hate normies

>>5593460
Lol bought a shitload of (((ripple))) at $0.23 because you fags said the evil banks would ruin crypto with it!

Buying my wife a set of tits and paying off my Lexus, and holding the rest. Gonna be comfy as fuck with me, her plastic titites, and my banker, Shlomo Nosenberg

>>5595904
Go away with your heavy link bags, noone wants them

>>5595829
holy fuck man, this could go $5 in 2018

>>5595904
Its ok little brainlet. We know sergay hurt you.
Come to the XRP Train :)

>>5595794
validators don't get paid. no one gets the transactions cost. they get irrevocably destroyed.


>>5595728
Bitcoin doesn't have to die even after Ripple eventually dethrones it

Don't blame Bitcoin's shit on Ripple, merchants are dropping it and no one use it for payments anymore because it's SLOW AND EXPENSIVE.


A chinese company owns most of the hashpower which is mostly hosted in fucking china, why the fuck would I pay high fees for that?


Even "Cobra", fucking owner of bitcointalk.org and bitcoin.org agrees.

>>5595962
do you think ripple can get to $5? i can totally see it desu. it's not even widely used, just normies jumping in on it. imagine all the banks and more merchants in 2018

crypto will bloom in 2018 thanks to ripple

>>5595929
>>5595942
I hope you're enjoying your 3x gains, because I'm 4x up on LINK right now and you're not going to see anything higher than this with your current market cap.
Better sell now before the bubble pops.

>>5596008
at Bitcoin's current market cap, XRP would be around $6, but Bitcoin's market cap is not the maximum limit. Crypto has only been used for speculation so far. XRP will actually be used in real world. It will penetrate markets measured in trillions, not billions.


HODL FOR AT LEAST A YEAR.

>>5596024
3× gains lmao
I keep reading the same shit about ripple since 0.10$ boii
Better give sergay more ico money so he can promise a surprise in 2018 q4 :D

>>5596024
how the fuck are you 4x, when it's @ 0.00065 ETH/LINK on Etherdelta right now, and ICO was like 0.0005 ETH / LINK lol

oh you count it dollars, because you obviously would have sold your ETH for dollars if you didn't invest in that shillcoin

>>5595942
Stay hurt xrpleb

>>5595962
DELET THIS

SHUT IT DOWN.

>>5596135
PoW is a broken garbage that relies on inflation or outrageous fees, and the richest person always get to own most of the hashpower.

>>5596129

>tfw you now have almost $40 in ripple stuck in your wallet

>>5593460
Just remember what we said, it won't go too high because (they) want to keep it cheap.
So if you go in now or soon, expect a correction if it BLASTS passed $2.

>>5593998
This Anon sums up what I wanted to say pretty well.

Monero and ripple are only two coins you'll want to have next year.

>>5596247
lol no. they have every incentive to keep it high. this is their revenue model. That's why I'm comfy as fuck. I'm sitting on my ass and a company of professionals are working full time to create partnerships and new deals that pump XRP.

>>5593812
>testical
Keeping a way out open I see.

Reminder that it would take Ripple's 5 YEARS to unlock their share, unlike most of crypto founders who got rich and don't give a fuck anymore. Like Vitalik threatening to leave because of memes.

https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/

PSA: The market dips every day at 21:00 GMT, if you want to get Ripple do it then.

That's 16:00 EST, calculate other times if you're from other places.

So thankful i got in at 1493 sats. Really comfy gains wish i went all in but my 300 still doing nice

Best place to buy ripple without verification?

>>5596549
Binance I guess, if of course you don't plan on spending more than 2 BTC worth.

>>5596549
Binance for lower amounts. 12056910 is referral.

>>5596567
>>5596640
Can you buy using USD?
Why is it so fucking hard to buy any coin with money do these people really hate money that much.

>mfw it hits 2dollars
>mfw when i lost 1000 XRP given to me on launch
>fml

>>5595119
The ideal currency has all of these attributes (no fees, speed, privacy). But something that doesn't offer privacy (isn't fungible) cannot even be called a currency, while something that has a bit of a lag can.

>>5596889
Go to Coinbase, sign up and get verified (usually takes 20 minutes but can be longer).

Buy Ethereum on Coinbase, choose to pay by card if you want it instantly.

Sign up for Binance or any other exchange

Deposit Etherium in Binance wallet

Exchange for XRP on Binance

Transfer out to Ripple wallet

>>5597105
Thanks, still seems ridiculous the amount of shit you have to do to buy coins.

>>5596889
No. That is a pain, they don't handle USD or any fiat at all. BTC, ETH, BNB and USDT only.
They have like 7 tether trading pairs though.

>>5597147
No problem, here's a more in depth guide I used to buy XRP.

https://buyingripple.com/

Includes affiliate links for the person who made the guide, up to you if you want to use them but the guide is solid.

>>5593775
do the validators get paid in ripple for running them?

>>5593879
XRB is a scam you ignorant pajeet faggot.

>>5593616
>being this pseudo-intellectual

The autistic screeching is worth every penny I put into XRP. I hope it fucking destroys the crypto market for good.

>>5597185
Will every ripple wallet cost me 20 xrp?

>>5593998
>e batch can be unlocked per month. This aligns their incentives with XRP holders (pumping XRP).

Based answer.

I'm 90% ripple, 7% monero and 3% stellar. Got in ripple at 19 cents, when i realised how good their tech and business model is. Aligned incentives all the way.

>>5597306

how even

I like Stellar, but I'm making far too much on XRP at the moment.

Another think not mentioned. Creator of Mt.Gox (before he sold it to that fat autist) created Ripple, then jumped over to create Stellar. This guy knows his shit.

ITT: butthurt BTC bag holders

>>5595119
You don't even need speed. Online transactions don't need to be fast. Fees just have to be low.

>>5597953
not the best elevator pitch desu

>>5598018
I'm all in on XRP, I'm just providing commentary.

>>5598015
>Online transactions don't need to be fast
The ideal transaction time is 3-5 bank days, am I right?

>sold all XRP at 0.8
>holding fucking shitcoins like LTC WTC OMG TRX
I want to fucking kill myself

mooning again lol

>>5593879
The world doesn't follow your petty ideology. It's based on real money and the desire to get more money.

What the people "should" doesn't matter a fuck.

Most americans were asleep. So euroes pumped and dumped on each other?

>>5598143
kys

>>5598143
Same here ":D"

This shit is going to correct hard really soon. Don't buy now, wait for a dip.

>>5598474
it was the goons

>>5593460

please let it be 1 XRP = 10000 usd someday

>>5598944
Just hodl until you're 90