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/biz/ - Business & Finance

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5724113 No.5724113 [Reply] [Original]

>be me
>took a small loan of 10k dollars at the end of 2016
>all in on Ripple
>watch it grow parabolic
>sold everything and now i'm sitting on a Million in USDT in Bitfinex

Am I a retarded version of /theDonald/ ?

>> No.5724165

>>5724113
Yes

>> No.5724194
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5724194

>>5724113

I am holding your bags

>> No.5724277

>>5724194
What was your entry point?

>> No.5724304
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5724304

now get some UFR for easy 10-100x

>> No.5724391
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5724391

Go to the superior version of Ripple now in XLM. It's at least going to hit 1 dollar. This is a no brainer.

>> No.5724415

>>5724113
Post proof.

>> No.5724434

put it all in bitcoin and lend out on poloniex. at the current interest rate you'd make like .4 btc daily. easy.

>> No.5724437

>>5724391
This OP. Stellar is basically a better ripple tech wise but hasn't hit its full potential like ripple has

>> No.5725077
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5725077

Ripple 101
----------

-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 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 (e.g., Amex, Santander, ..) and expanding XRP's marketshare.


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

>> No.5725212
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5725212

>>5724113

you buy shit with Ripple, fiat in another form

wake up you stupid normie