/biz/ - Business & Finance

Is this it lads?

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA oh wait actually that was obvious as shit.

>>5615830
im ready to buy some ripple

>>5615830
yeah, time to buy more.

Ripple is a one/two year hodl. It's the future of payments. Anyone who sells now is a retard.

>>5615854
Miner dip. Wont dip srs until after coinbase confirmation

>>5615872
the future of payments is decentralized

>>5615910
Xrp is decentralized. False meme.

>>5615872
So my $1K investment will be worth 50K in two years from now?

>>5615910
Ripple is more decentralized than Bitcoin.

--


-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

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

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


-Ripple Labs's share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.


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

Nah, everything is dumping bc btc is pumping

>>5615955
Do you really have to post this in EVERY fucking thread you fucking retard we heard you the first time

Asia is waking up and going to capitalise on these ridiculous gains from normies

Realistically lads how far will this actually drop?

>>5615950
if ripple reach bitcoin's market cap, your 1k would be 3k.


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.

>>5615955
Good goy

0.05XRP has been deposited into your wallet

hahahaha

>>5615955
>>5615946
>Decentralized
>Cripple labs controls the supply with unreleased batches

>>5616039

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 companies fear they will get dumped on at any time.They also lose interest after a while

Take Vitalik for example, his coins are not locked, he already cashed out a lot, he is threatening to leave because he already got what he wanted.


You have a company full of professionals working to pump your XRP bags.

>>5615978
Chill Spas. There are others who check these threads from time to time who have lives outside biz, and may not have seen it yet.

>>5616132
That's fine and dandy but just admit that the supply of XRP is in no way decentralized. This is literally (((bankercoin))).

>>5616225
>That's fine and dandy but just admit that the supply of XRP is in no way decentralized

you mean distributed? few people own most of bitcoin, same for ether.

do businesses want that? no. they want liquidity, they want predictability.


https://ripple.com/xrp/buy-xrp/

"Institutional Purchases"
"For banks, payment providers or institutional purchases of XRP:"


this is good for XRP holders, Ripple Labs and businesses.

also institutional purchases can't be dumped into the market

>>5616385

Let's not forget that 1/7th of current supply is promised in an options contract that Brad is trying to back out of. XRP is a good hodl but it's by no means perfect.

"In September 2016, the two companies entered an agreement giving R3 the right to purchase up to 5 billion XRPs for $0.0085 per unit until September 2019, according to a lawsuit filed by R3 in the Delaware Chancery Court on Friday."

https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I

There was your dip lads. Was it fun?

>>5616528
Delaware Judge Throws out Case Involving Ripple and R3
https://cryptonewsmonitor.com/2017/10/15/delaware-judge-throws-out-case-involving-ripple-and-r3/

>>5615902
Why would that cause a dip?

>>5616622
Well that's no fun. Gains are great and all but you shouldn't be so giddy about bank-gov control of blockchain technology. Soon cripple will be pushing for regulations to destroy competitors.

CMC says Ripple is 2.19 but this SHIT AINT BREAK 2$ ON BITSTAMP

>goes down a little
>AAAAAAAAHHHHHHHHHHHHH ITS DUMPING TITANIC WTF MY MONEY!!
ripple has had huge pumps and small dumps every day this week, faggots need to learn how to hodl

>>5615830
Ripple is $2.54 on Bithumb.

>>5615830
OK PRICKS. YOU HAD YOUR MINI DIP. UP WE GO.

>>5616174
Then be honest and explain that most of the coins are still held by the devs. You leave that out and it's kind of important unless you are being intentionally dishonest.

14K WALL IS DOWN.

REPEAT.

14K WALL IS DOWN.

>>5617932
Cant stop the ripple

$1.99 on kraken

Holy fuck I'm actually going to make it.

Jesus Christ it just doesn't stop

15K WALL IS DOWN.

REPEAT.

15K WALL IS DOWN.

>>5618237

What exchange do I even register on at this point to get ripple from fiat? Every exchange I can find is either not accepting new users or taking WEEKS to verify identity and take my damn money.

16K WALL IS DOWN.

REPEAT.

16K WALL IS DOWN.

>>5618515
docs.google.com/document/d/1SiZI8d_jq6fLa8rWRhx_0orufDm-yRik1rs6pOdF2Tk/edit?usp=sharing

the coinbase->binance route took something like one hour for me ( overall from account creation till eth arrival on binance)

WHAT'S GOING ON
WHO IS BUYING THIS

>>5615902
>all 99,993,093,880 total coins premined
>only 38,739,144,847 circulating to regular users
>61,253,949,033 coins or 63% of all coins not in circulation and in creators hands
>no blockchain
its a scam, normies are going to get crippled for a second time

>>5618696
Normies. The normies that pay 32$ fees on 100$ btc transactions.
The normies that are going to keep buying as long as they see green numbers.
The normies that will pump this coin up to Mars because they have no idea how crypto trading works.
The normies that tell friends on facebook that they just found this cool new thing called XRP and how easy it is to make money off of it.

>>5615830

IT DOESNT STOP. THIS IS FUCKING INSANE I ALREADY 10x MY MONEY ON THIS. I MADE IT /biz/ I FUCKING MADE IT

>>5618874
this is the truth, there's a guy at my office who was non stop talking about how he wants and eventually bought into XRP. when I asked why he chose ripple instead of other coins his only answer is "its cheap, if it moons like litecoin and ETH ill be rich"

>>5618959
TAKE PROFIT

If this drops even a bit I'm buying at least 50k more

>>5618976

>>5618993
NO IM HODLING UNTIL I CAN BUY A FUCKING ISLAND AND A NEW KEYBOARD WHERE MY CAPS ISNT BROKEN

>>5615830
I JUST FUCKING SOLD HALF OF WHAT I HAD IM RICH BIZ

>>5618976
Sometimes it makes me so depressed to see how fucking dumb normies are.

>>5619047
They sacrifice so that you can gain.

Invested $200 XRP on Tuesday, now have around $425

:D

>>5615872

Why would it be retarded to sell if it's about to crash when you can just re buy after the crash?

>>5619098
>Ripple
>Crash
pick one.

>>5619098
It's not gonna crash.

IT'S GOING BACK UP!!!!!! DID YOU BUY THE DIP?!!!!!!!!

Post your gains /biz/

>>5619214
10,000 NIGGA

10$ by the end of the week?

150 bucks

>>5619214
>>5619249
forgot to tag

>>5619214
5k so far. Bought at .22

SCREEN CAPTURE THIS!!!! IT'S NOT OVER!!!! LOOK AT THE CHARTS!!!! HANG ON FOR THE 2ND BOOSTER ROCKET THAT JUST KICKED ON!!!!!

>>5619214

$45,000. I threw ~$800 at this shit around 4 cents.

I'm knocking on all the fucking wood in my house. I'm never this lucky. Ever.

Tried making a kraken account 2 weeks ago, when it was at 0.75.. Server kept malfunctioning. Oh well..

How on earth do I get into this shit without throwing my passport around and waiting for 3 weeks?

lol somebody just dumped 1mil xrp on kraken so orderbook went from 2.2 to 1.85

>>5619387
time to post wojaks

>>5619317

>>5619418
beat it cuck

>>5615830
I sold at $2.10

will I regret this?

>>5619443
Yes you will. This is just the beginning. This is a long term HODL.

>>5619443
Unless you re buy on a dip yeah.

>>5619484
I CANT EVEN PREDICT THE DIP BECAUSE THEY GAINZ ARE TOO MUCH TO MAKE SENSE

>>5615864
kek

>>5615864
lol faggot

FUCKING STOP IT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
HOLY SHIT WHY????????????
I COULD HAVE BOUGHT AT AND STILL MADE PROFIT THIS IS MADNESS

Everytime I think this thing is gonna dip, it just rebounds. Fucking crazy...

OH
MY
FUCKING
GOD

>>5619822
Is this bad?

>>5619872
No, fucking good. Heavy buy book means price goes up and stays up

>>5619768

hold onto your anus, bull market is just beginning price can easily double and then double again

>>5619872

>$12 MILLION IN BUY ORDERS
>BAD

REALLY ANON?

>>5619902

I wouldn't fall asleep if I were you. I think the exchanges that have XRP are having a little fun on other people's dime.

Fucking hell /biz/ I can't keep it in my pants.

I'm thinking of dumping half my bank account into it. What do you think?

>>5619822
d-do we just buy in
have we lost

>too scared to catch falling knife yesterday at $1.7
>too scared to catch falling knife today at $2.15

tip for fud normies, dont cash out now, wait til every news media outlet covers it tomorrow! sky is the limit!

>>5619997
You should really learn what that graph is.

>>5618693
Thanks anon, was gonna put 1k in but that 4% CC/debit card fee is rough. Guess I'll start small with 100

>>5620019
I'm waiting for a dip here

>>5619546
Rip(ple)

>>5619962
Any guesses when the correction will be?
I'm looking to sell and buy back over the next couple of days but too scared to sell early

>>5619963
>>5619822

Look at this shit anon. You think that's "normies" or "whales"? No. That's fucking institutional money. $12 million in BTC on Bittrex alone. XRP is one of the most widely exchanged coins - currently on 50 exchanges. Imagine how much money is spread around on them right now to do this.

>>5619963
>I'm thinking of dumping half my bank account into it. What do you think?
and thats the kind of people buying it now
because it wasn't good enough for you at 20 cents
and suddenly it's good at $2

big if true

>>5620054
That's stupid, this is clearly going up so just buy in.

>>5620044
Get a card that gives 2% cash back to mitigate this. If you are in a rush it's really one of the better options.

>>5620005

There's some analyst that said, "Buy the hype, sell the news". He will be right again.

j... jjuust hit 3$ on bithumb

>>5620135
hhnnnggg

WHY DOES IT KEEP GOING UP

>>5620091
>if
Just accept that from now on were all in lambo land

>>5620106
nice try bagvendor

>>5620068
No clue. Usually it will dip near the end if the day, but there is no end of the day for ripple because both Asia and US are trading so heavily in it.

fucking finally. is this considered a dip? fuck this shitcoin, it's just visa/mastercard 2.0

IMPORTANT
IMPORTANT
IMPORTANT
IMPORTANT
IMPORTANT


ARTICLE "Ripple cryptocurrency surges as Japanese groups agree to use it"

Here's link, but I can read since it has a paywall.
https://www.ft.com/content/2f595696-ecb4-11e7-bd17-521324c81e23

>>5620223
I think your chart's upside down

>>5620186
Fuuckkk, I might just hold tight since I'm not experienced enough, it'll dip big but come back higher again surely.

>>5620261
kek

>>5620231
https://archive.fo/RYsE9
Here you go anon.

DAN DAN TAKAKU NARU

>>5620273
This is a long term coin. Could hit $5 next year. Market cap is a meme.

huge arbitrage gap between finex and bittrex now
finex: 0.00016, bittrex: 0.00018

>>5620261
i saw red candles there for a moment

>>5620306
Oh thanks a lot anon-kun~

>>5620231
>Last week’s announcement that three of Japan’s big credit card companies have signed up to use Ripple’s technology triggered another bounce in the price of XRP, which is up sixfold in the past month and almost 300-fold in a year.
This is pretty fucking big.

only morons haven’t realized that this huge push is designed to drive normies to mass adoption. they’ve been waiting a month for the “next bitcoin” and uncle schlomo is dangling it in front of their face at under 3 dollars.

there are pajeets on this board who think coinbase is going to turn down billions in business over a political philosophy ~5% of the population can elucidate.

it’s cool though, stock up on footy cash, you can buy coffee with it eventually

>tfw u put 1k in ripple at 25 cents and suddenly its 10k

I'm losing it. Half my portfolio is this. I'm running around my house drunk.

>>5620340
>next year
So January?

>>5620400
am i the only one who is getting triggered knowing normans made more than me just by shitbuying a fidget spinner meme coin?

>>5619281
>BTCTOZZD
wat

>>5620488
BUY ZZD

HUGE SELL ORDERS ON BITFEINX

>>5620441
Sell off enough to break even, you don't want to see it all tumble away to nothing.

WE'RE GOING TO $3 SOON BABY

>>5620471
Hitting 10 in January. I can buy myself something nice. If it hits 100 next year I can pay off my houses.

>>5620441

I'm about to crack my first beer myself. if i cashed out now I could pay off half my mortgage. holy shit. i don't even...

BINANCE BARELY WORKS WHAT THE FUCK I CAN'T BUY

G-guys it will d-dipple r-right?

Please oh god you have to stop this isnt good

>>5619031

can someone explain the huge discrepancy between poloniex and bittrex? kr exchange prices are always inflated but there's a 15% spread between those two.

The bi part of binance means it only works half the time.

>>5620400
a friend told me about ripple in passing while it was at 20 cents last month

XRP was my into crypto and now it looks like it's about to legit approach 3 dollary-doos

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO IT'S CRASHING

>>5620530
>>5620512

Cashed out initial investment last month, this is all gains. But to be safe, cashed out half of my Ripple right now. I'm tripping out.

CHEERS!

>>5620579
Night in America. Koreans drive up prices at these hours. Most coins go up during us trading hours, but ripple is doing well because it is riding on both. US markets are following the Koreans' right now. Keep an eye on them anon.

>>5620579

i'm *guessing* poloniex is shitting out. It ALWAYS does when there's a big XRP run.

>>5620579
polo or bitfinex: whales are dumping thus keeping the price low
bittrex and binance: low supply fomo investing

why did binance cap me out at 192???

Can someone post all the screencaps of anons saying it'll never hit $2 or it'll be years before $3

friendly reminder that last pump it went from 24k to 9k in less then a week

Thank you BIZ. I did the opposite of what you said and I made it to the moon. I love this place.

Ripple approaching a 100% 24 hour Delta on coinmarketcap

Whales are now dumping BTC for XRP
wow

>>5620554
>The ripple wont dipple

>>5616225
Just admit you don't actually know what decentralised means nocoiner.

Also who gives a fuck who owns or controls it, I'm in for the gains, not because I'm an edgy anarcho communist teenager.

>>5618696
Jews
https://xrpcharts.ripple.com/#/transactions/19E710C2D8213D5047510C434348C1C7A69FAB1A44BD85E734051B33E34B272C

Everytime a dip happens I get a mini heart attack but it seems to recover just as fast

HERE WE GO

>>5618515
Sucks to get in late. If ausfag, btcmarkets.net

If you bought it because Jews are involved, then we are on the same team

>>5618792

90% of BTC are in "creators" hands.

Here's the dip, hold on boys

>>5620862
>Jews control ripple
True
>Bitcoin and etherium is decentralized
False

These anti-ripple shills are delusional

>>5620992
please dip low enough to my desired buy price

>>5620950
Just look at this thread everyone here is
>I...I'm ggggonna by on a dip guys it's coming I swear.
When litteraly the whole coin market is thinking the same thing no major dip can actually happen.

Not so fast.

hold
inb4

>buy high
>sell low

>>5621085
patricians are switching between XLM and XRP, both are opposites, nice smooth sailing

Friendly reminder

>>5621085
I know this is normie money because I bought the past two dips and managed to actually sell at the last two ATHs... and I fucking suck at timing crypto.
If I can sell at two ATHs within an hour, something is seriously wrong here....

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>5615830
got my buy orders in

>>5621216
crash in 30mins

normies going get their cherries popped today

>>5621180
now post the comparison to USD

>>5621230
hope so

>>5621230
off by 29 minutes

I'm gaining entire paychecks and loosing them in matter of seconds.

>dip stopped 2 cents off my buy order
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

XRP $4 tomorrow

A south korean friend of mine with inside information told me

>>5621285
i really just gotta stop watching the charts and hodl

SELLLLLLLLLLLLLL

>>5620956
Yeah it does, sucks even more because my fucking ETH transaction is stuck, this is literally the perfect time to buy

getting super drunk, all gains, running around the house, only stopping to check charts and hodl

sell and go xlm time coming up xD

>sElL

Stop spreading FUD. This was clearly expected to happen. This is a LONG TERM HODL. Stop being apes.

>>5621303
why would anybody sell?

>>5621350
ATM XLM is switching between 70-100% change while XRP is cycling 70-105% change.

They're doing it opposite each other. Clear manipulation. I've been selling the highs on XRP and switching to XLM and back every 5 mins for free gains.

XRP is about to dip and XLM is about to rise, watch.

>>5621409
why i am going to trust you? what gains are we talking?

So really... What the fuck is up with the buy wall? That's an insane amount of money...
I mean a lot of divide and conquer between BTC and BCH lately, and now there is this insane amount of money being pushed into Ripple.
Ripple is the #2 crypto as of today... To everyone who FUD'd BTC, now it's your last stand between centralized crypto and decentralized.......

>>5615830
HAHAHAHA THAT'S WHAT YOU GET FOR BUYING THIS SHIT TOKEN AAAAAAAAAAAHAHAHHAHAHAHAHHAHAHA

>>5621467
Just watch the pattern on binance, it won't last forever but ive been doing it for a half hour to great success.

>>5621467
Listen, just get a good amount of XRP and XLM. They are clearly connected as the guy mentioned. I just have more stake in XRP... personal preference.

THREE BLACK CROWS ON BINANCE

RUN

INB4 3RD MOON I'LL KILL MYSELF

>>5621726
xlm is going to moon first ull see

HOW DO YOU TELL WHEN DIPS HAPPEN? I NEED MORE XRP DESPERATELY SO I WANT TO SELL HIGH AND BUY LOW, BUT I CAN'T TELL. I CAN NEVER TELL. AAAAAA HELP HELP HELP PLEASE MOMMY HELP

why isn't finance letting me buy more XLM?????

Binance**

>>5618792
Wait just a fucking second - if the Ripple creator has 61 billion of the coins in circulation, will he become a trillionaire when this shit hits $16 bucks?

>>5621824
buy pink sell green

>>5621920
They're in a cryptographic escrow so they can't use them at will. They'll release them little by little.

>>5621920

Ripple is a company. The coins are held by the company in Escrow for 5 years.

So to answer your question: technically yes but realistically no.

>>5621928
BUT WHAT IF WHEN I SELL GREEN IT KEEPS GOING GREEN.

>>5619214
I made 30,000 dollars today. Bought in at 25 cents. Don't get why people are selling. Ripple is pretty much the safest, most blue-chip project in the space, imo. Ethereum probably is #2.

Ripple moon 3.0: the remoongenance

>>5622070
PLEASE TELL ME WHEN DIP

whole crypto market cap dropping now with speed. this tends to happen after each pumps

>>5622084

The dip just happened tardo, are you not watching?

>>5622084
~30 min late

CANT STUMP THE PUMP

>>5622116
>>5622149
REEEEEEEEEEEEEEEEEEEEE

I WAS FORCED TO BACK CHICKEN POT PIES FOR MY FAMILY, I DIDN'T GET A CHANCE TO SEE TO LIVE THE MOMENT. GIVE ME A CHANCE, BE NICE.

>>5620985
No it isn't brainlet.

>>5615946
>trusted validators

Good Goy

>>5622233
HOW MUCH RIPPLE COULD YOU HAVE BOUGHT WITH THOSE PIES ANON

Pump over? did i buy the last dip?

WTF is goin on with this bruh I'm scared I think its fucking sucking all the value out of the other coins in my portfolio as people sell them to buy Ripple.

BTC also sinking low and if it doesn't bounce back from this base imma shit my pants.

>>5622287
I DON'T EVEN KNOW NOW!!!!! I'LL NEVER KNOW NOW!!!! I HAVE TO USE MY FUCKING SISTER'S COMPUTER TO SHITPOST SO I CAN'T EVEN PUT PICTURES TO SHOW MY DEGREE OF UPSET.

>>5619387
>>5619404
made this for ya

>>5622371
Kek

>>5619214
Shorted

WE GOING BACK UP NIGGAS

>>5615830
time to dump boys, keep track of the counter: https://discord.gg/h9jEZK6

>>5622347
post a picture of the pies and we'll decide

>>5622458
What exchange allows you to sell short on margin?

>>5620677
Quit bitching! Be Like me! Put more down on the dip, fool!

JUST GOT BACK FROM A FAMILY OUTING


GIVE ME THE NEWS SENPAI WHAT DID I MISS ? ITS FUCKING GOING UP LIKE CRAZY

>>5621993
Then as long as you sell it for higher, you still made a profit

You'll never get the absolute height, anon. Just be thankful for what you get if you profit.

>>5623067
Ripple skyrocketed and then promptly dipped like a motherfucker, BTC is dipping too.

>>5620576
You fucking hilarious bastard

>>5622371
AAAAAAAAAAHHHHHHHHHHHHHHHH

NOW I CANT PAY DAYCARE SO I CANT GO TO WORK TO MAKE MONEY TO PAY DAYCARE

FUCK JEWS


AAAAAAAAAAHHH

>>5622050
Because it actually has a use case

Fucking NEET ancap fags don’t get this.

>>5623193
12k btc here we come

>>5623455
SHUT UP FGT WERE LOOSING OUR MONEY IN LINK AND BTC

RIPPLE
IM BEGGING YOU
WITH TEARS IN MY EYES
PLEASE MOON AND LET ME OFF THIS FUCKING RIDE

MUH DICK
WE GOING UP AGAIN

>>5624209
>>5623621
we hitting 5 easy

>>5624227
Your digits arent adding up. but mine are. We are going to the moon by the morning shiny and chrome. Check 'em

For you Fomos looking to buy the dip, get ready... its about to come

>>5624628
I think this is it

>>5616132
Why do bugmen always use exaggerated cartoons of themselves for profile pics?

Well, that was fun. It looks like the graph is sideways. This was a long term Hodl for me anyway. There will be plenty of moon missions to come. Wait until the Euros wake up to this and they fomo on this. It's gonna be great.

>Dump it down

>>5615872
Stop shilling this image in every thread you goddamn Rothschild cock sucking kiddie diddling faggot.

Time to dump RIPPLE and for it to TRIPPLE

>>5618792
>normie dickbeaters pump banker coin to 120 billion dollars in free wealth from an article in Fortune and a 10 minute segment on CNBC
jews gon jew; goys gon goy

>>5619197
It needs publicity to pump. You would know it was in mainstream media for the last 3 days if you turned on the tv or left your moms basement.

>>5620075
>banks buying banker coin
>banks buying a shitcoin they created from nothing with money people put in savings to loan out at interest
Really gets the almonds activating

It's going back up, I hope you ding dongs bought the dip.