/biz/ - Business & Finance

BTNY

BNTY is cheap right now. Any real exposure will cause a moon.

>>5735438
>115mil circulating
>500mil total

I won't pnd a literal scam coin. Any other on your mind?

>>5735572
Ignis will be tradeable in 2 days

Buy Ripple, HODL for 1-2 years. Don't trade it.

XRP is a coin designed by and for billionaires and trillionaires.

http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

$90 Trillion - global paper and electronic money
$70 Trillion - global stock markets
$215 Trillion - global debt
$215 Trillion - global real estate

Asumming a supply of 100 billion coins, if 1% of these assets moves into XRP, that's a $5.9 Trillion market cap, or $59 per coin. For XRP to hit $1000, 17% of global wealth needs to move into XRP. If the circulating supply of XRP is kept at the current level of 38 billion, only 6.5% of global wealth needs to move into XRP.

Ripple is an inside job. Ripple is owned by the same people who own the central banks. Ripple is owned by the billionaires and trillionaires. XRP is a crypto designed specifically to meet the needs of the billionaires and trillionaires. They will use XRP as their vehicle to reset the global financial system. Those 55 Billion XRP locked up in escrow may or may not be released into the economy. It doesn't even matter. My opinion is that when they pump up the market cap of XRP to $50 Trillion the company Ripple will "donate" those 55 Billion XRP to the IMF, or BIS or some new ultimate central bank, and they will use that reserve of XRP to manage the global economy for the next 80-100 years. Then they will eventually abandon it in favor of something else.

>>5736251
hur duur, I'm buying a coin not because I'm impressed by the technology but because I think other people will buy it.

You know who else thinks that? The bottom of a pyramid. Ripple is nothing more than a worse version of DASH that got pumped by billionaires. Don't be on the wrong end of the stick when it gets dumped

>>5736521

Ripple has great technology. 4 second settlement time, with 1500 transactions per second, scalable to 10,000+ TPS.

However, technology alone will not win the final battle for world crypto supremacy. Lots of cryptos can make fast transactions with 1,000+ TPS. Tomorrow, an even better crypto could be created. The technology is not what people are buying. People are buying the network of users. Ripple has been working with the banks and fortune 500 corporations from the beginning because if they can get the richest people and corporations in the world to use their currency, the rest of the world will follow.

Other cryptos are targeting the thousandaires. Thousandaires control only a small percentage of the world's goods and services. Therefore, any currency used exclusively by the thousandaires gives access to a small percentage of the world's goods and services.

The users are more valuable than the technology. Ripple is creating a currency for the billionaires and trillionaires. The thousandaires will eventually use whatever currency the billionaires and trillionaires use, just like how we all use worthless federal reserve notes, and even measure our crypto gains in FRNs.

DBC is skyrocketing

I'm already up 300% cus i bought second the floodgates opened. It's still going up too.

So many whales buying in eating up 200k of the stuff at a time - if rich gooks are getting roped in then I'm on board. I'm fine with riding their wealth to the top.

Only downside is that it's only really actively traded on kucoin. i prefer binances interface but kucoin works

Code 1vK3J and we both save on transaction fees

>>5736521
>Buying a coin because of the tech
>Not because of anticipated market reaction

Good one, pal :^)

>>5735378
Hey pajeet it's me your cousin pajeet
https://discord.gg/ra5kyBm