/biz/ - Business & Finance

You know what? Fuck you. I'm making mad cash with XRP.

You didn't demand investigative reporting about cryptocurrency when it was just the alt-right making money. What changed?

>>5906835
Jew York t8mes phoned in their (((research)))

>>5906900

Also, that isn't the NYT. That's an employee's PRIVATE Twitter account.

>>5906835
LMAO

RIPPLE IS DEAD

NOT ONE BANK USING RIPPLE

CONFIRMED BY NY TIMES

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html

>>5906900

You haven't made shit unless you sold for a profit. Unrealized gains are unrealized.

Look at XRP's chart. Look at it on the weekly candles. Look at what happened in May. This isn't a new paradigm. Its a slow bleed off until a heavy dump in 12-36 hours as the bankers steal more Bitcoin for imaginary magical banker bullshit tokens. Sell now or regret existing.

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html

RIP RIP PLE

HOLY FUCK THE JEWS RAN A SCAM ON NIGGERS AND NORMANS LMFAO

>>5907103

That story confirms that Ripple is the real deal, that its founder is making plenty of money, and that the currency is taken seriously all over the world, from San Fransisco to South Korea.

damn. pretty big stuff. i feel like if there start to be enough cases like this, where coins are called out by big media companies as being scams and overvalued, thats when we will see a major crash

>>5907034
what would bankers do with a dysfunctional shitcoin such as Bitcoin? That's some of the most ridiculous shit I've seen posted here. Try harder.

Thanks sold 100k and bought 100k XLM.

>>5906968
>ripple accused of being jews trying to take over crypto
>nyt employee fudding ripple
>now he's a jew
is everyone a jew? like seriously who are the jews? how would fudding xrp make you a jew?

>>5906900
>low-quality bait

>>5907284
>implying racism has logic

>>5907018
Are you retarded? Read your own link or even look at your own fucking screenshot. A Mexican bank is using Ripple.

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html


ABSOLUTE PROOF THAT RIPPLE IS SCAM. NO BANK IS USING RIPPLE AND NEVER WILL.

SOURCE NYTIMES

Also, it's no secret that Ripple at the current stage of development, is mainly pushing RippleNet. Are you really so fucking stupid that you cant understand that - before you can ride the train, you need rails. Ripple is building the needed infrastructure. XRP offers additional 30% savings when there's a network of FI's that are using RippleNet.

Why wouldn't these partners use XRP? The thing is, once it's all official, the price will be $10-100.

>>5907382
>money transfer service
>bank

Do you know how banks work?

>>5907284
>>5907355
Jews enjoy jewing each other the most.....

t. Jew

>>5907355
Jew isn’t a race morty

>>5907148
Told ya

>>5907382
>mexican banks using scamcoin
>mexican intellectuals

>>5906835
NO
MY BAGS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>5907431
>moving the goalpost

There’s no evidence any bank ever used ripple.

Read The NY Times article.

>>5907391

THAT STORY IS POSITIVE. SEE:

>>5907175

>>5907391

Honestly, why are you shilling against this coin so hard? What's your agenda?

tbph most crypto, if exposed to any scrutiny by even a half-competent journalist, would completely crumble.

sick and tired of seeing every shitcoin and their mother plastering their sites with 'partners' and making vague misleading statements about all the deals they have in the pipelines.

if the market crashes, it won't be because of normies, it won't be because of muh no intrinsic values - it's going to be because of this dumb shit.

>>5907503
>>5907540
RIPPLE BTFO.

TULIP MANIA.

Average ripple investor
"ripple will be $16,000 when it takes over bitcoin"

>>5906835
Pretty funny desu. It's already tanking in Korea

ok well ur fud worked for me, bought in at 1.89 and sold for 2.70 so w/e, went all in on xlm with what i made from xrp

>>5907593

Yes, there is one buttmad inventory quoted to provide another perspective to the chorus of voices at the top of the article supporting Ripple. You still haven't explained why you're so obsessed with tanking XRP. Wanna buy the dip, I guess?

Even XRP's haters want in.

>tfw rode a quick 8x on ripple from 50k total to 100k total then took profit and put it in stellar, now up to 200k
das it mane

>>5907540
lurk more faggot

>>5907630

That's exactly what this guy wants you to do. He's all over this thread trying to undermine XRP because wants to buy low.

The explosion in Ripple’s value over the past month is the starkest illustration yet of how the mania around Bitcoin has spilled over into a broader universe of virtual currencies. These coins — with names like Cardano, Stellar, and Iota — are generally new twists on the Bitcoin technology, which uses a decentralized network of volunteer computers to keep a record, known as a blockchain, of all transactions.

While most of these currencies were worth nearly nothing a year ago, many are now responsible for creating billionaires — albeit with rapidly fluctuating fortunes. If this is a tulip fever, the fever has spread to chrysanthemums and poppies.

TULIP MANIA IS SPREADING

>>5906835
everyone know NYT is fake news like 85% of the time.

>>5907476
There is no evidence that the reporter met with banks either.


The ceo is asking him why he didn’t.

>>5906835

wtf NYT I just bought this yesterday, fuck you


..this is still going to take over bitcoin right

better buy before it go 3.20 usd again

>>5907446
Don't even waste your time with normies /pol/ is always right.

>>5907660

*investor

>>5907777
>7777
Kek wills it

HOLY FUCK RIPPLES RESPONSE WAS TO USE THE SAME TEXT FORMAT 3 HOURS LATER.

RETWETED BY RIPPLE OFFICIAL TWITTER ACCOUNT

IN RESPONSE TO NY TIMES ARTICLE

L
M
A
O

>>5907755
it might be a sort of 'tulip mania' but the best part for us is that this is just the beginning. the total crypto market cap is easily going to reach multiple trillions within 2018 and probably break 10 trillion in 2019

anyone that buys any coins now will be looking at a virtually guaranteed 10-1000x increase in value over just a couple years. If you happen to pick one of the shitcoins that ends up delivering their working product/app on schedule according to their whitepaper/roadmap you'll stand to make a fortune instantly.

going to be great times moving forward for everyone already invested in crypto.

All I'll say is have a gameplan and/or exit strategy at some point. This is a bubble, this is tulip mania, but it's still the early stages. Don't think holding for the next 30 years is a viable retirement strategy. I wouldn't want to be heavily invested after ~3 years, maybe 5 at most but it'll depend what happens between now and then

>>5908010
Literally the brain of a boomer.

>>5908010
Which one are you?

>>5906835
WHICH RUMOR SHOULD I BELIEVE THO??????

>>5907211
More like how would they manipulate as they buy up more of the supply?

>>5908010
>a bubble needs to be this big and last this long to crash
kek

>>5907936
Go to bed David

>>5907777
holy shit

XRP in MAJOR damage control.
EXIT NOW before the normies catch on!

https://mobile.twitter.com/nathanielpopper/status/949081873405304832

https://www.nytimes.com/2018/01/04/technology/bitcoin-ripple.html?smid=tw-nytimes&smtyp=cur

>>5908111

See >>5907992

>3 hours after NY times journalist
>same text format
>written by 13 year old
>rewteeted by Ripple official twitter

This is the most blatant fraud and pump n dump I’ve ever witnessed. 10 times worse than Bernie Madoff.

>>5907476
How am I moving the goalpost? If you've bothered to do any research, you'd know what I said is the general understanding in Ripple community.

If XRP was live fullscale and used by big banks, the price would be in $10-100 range.

Ripple claims that some of their partner's have completed the pilot phase and are very happy with the results. That doesn't necessarily mean that XRP is already live fullscale. In due time we will see.

>>5908010
we will hit 20 trillion sometime around eoy and then people will realize it's like, a fourth of the global economy, then it will lose 95% of its value in a massive crash

>>5907938
praise kek buy ripple to out jew the jew

>>5907992
>>5908111
>doesn't say which banks he has spoken with
>all of the comments are vague as hell
>talking about xRapid, ehich for all we know may not actually use XRP
>faster and cheaper than BTC, like that means anything in the current climate

His response only adds to the FUD

>>5908182
>1-10 trillion

Is your brain rotting away?

What bank would ever pay that?

Are you a schizophrenic or is your IQ less than 70?

>>5908244
dubs confirm

>>5908245
Pilpul

>>5908245
xRapid means XRP use.

Please learn the basics of what you critique. I don't hold any XRP currently. I'm all-in on XLM, but learn the fucking basics, otherwise you come off as ignorant.

>>5907992
One of those two people is a shrill trying to take down ripple.

You do realize that anyone can create a Twitter account, right?

>>5908328
>I'm all-in on XLM
Hows your butthole?

I can't wait for $20 or more ripple. My biggest holds are stellar and link since I've already ridden ripple to huge gains, but it will be hilarious to see ripple's valuation at 1 trillion.

>XRP holders

Massive XRP dump happeding now

unload your bags

>>5908268
Jesus fucking christ.

Banks can buy directly from Ripple for a discounted price, through the incentive program.

FI's will buy to use XRP for transactions, not to make profit on XRP price gain. Higher price per XRP actually means better liquidity and stability.

Market cap of 1-10 trillion doesn't mean that there's 1-10 trillion invested in XRP. Market cap = current value x supply. It's a useless metric for crypto valuation.

Why are you insulting me, when infact, you are the clueless retard?

>>5908469

Is this really all it takes? One random sperg spreading FUD on /biz/?

>>5908373
100K € in the green, brother. I do my own research and buy at the right time. Also, I don't flinch at every small correction, I know XLM's value and am very certain in its future.

>>5908470

>>5908531
How retarded are you? Nathaniel Popper is not some random sperg, he writes for the NYT

>>5908653
A newspaper known for embellishing or just outright making up (((facts))) and research....

>>5908653

>NYT

Is that supposed to be impressive? Those cunts are the kinds of making shit up.

>>5908328
>xRapid means XRP use.
the way xrp would be used on xrapid sounds vaguely illegal to me.

>>5908470
NO BANKS WILL EVER USE XRP.

READ THE NY TIMES ARTICLE.

>>5906900
Sell.

>>5909046
o rly fuckface?

"The Japan Bank Consortium — a coalition of 61 banks in Japan, organized by SBI Ripple Asia — has announced the launch of a new Ripple pilot with Woori Bank and Shinhan Bank, two of South Korea’s largest banks with a collective market capitalization of more than $30 billion."

>>5907581
>most crypto
correction
only centralized and pseudo crypto coins would crumble.

>“1) There’s a business that Ripple has providing transaction processing software to banks. It improves international payments because it uses end to end messaging to track payment progress, ensure all necessary compliance information is in the transaction in the first place, precisely knows the fees ahead of time, and provides prompt, reliable confirmation of delivery. This is a big enough improvement that banks will use it even if the actual money moves the same way it does now.

>It can work without XRP and without any blockchain tech

-David Schwartz, Ripple guy

>>5909046
Don't you understand how stupid such absolutes sound? Incredible.

>>5908801
Care to elaborate?

>>5909046

THEY'RE LYING, TARD.

>>5909130
PROOF THEYRE USING XRP.

RIPPLE = COMPANY

IT’S IN THE NY TIMES ARTICLE. READ IT.

>>5906900
Fuck off jew

>>5908727
>>5908763
t. butthurt Trump cocksuckers

>>5909243
no one is listening to me SO IM GOING TO START ONLY TYPING IN CAPS

REEEEEEEEEEEEEEEEEE MUMMMMYYY

2/10 go fuck yourself

People on /biz/ have been saying this for weeks.
Of course it's all just FUD and the banks are secretly making 50k transactions per second in Bangladesh right?

>>5909130
RIPPLE =/ XRP

RESD THE ARTICLE

NYTIMES.COM

NO PROOF SNY BANKS USING XRP

>>5909243
Are you fucking retarded?

There's one bank here in Mexico using XRP, Cuallix.

BTFO core cuck

>>5909397
>>5909441
READ THE ARTICLE BRO.

NY TIMES CONFIRMS NO BANKS USING XRP OR PLANNING TO USE XRP

>>5909196
(((Schwartz)))

>>5909486
GET THE FUCK OFF BIZ GOD DAMNIT

Fuck, thank god I left this shit train early. Made 100% gains and got out

Should I get the pink wojaks ready?

DO
YOUR
OWN
FUCKING
RESEARCH

https://steemit.com/cryptocurrency/@mihaisyblu/ripple-official-announcement-cuallix-is-the-first-bank-to-use-xrp-in-cross-border-payments

>>5909496
I see your neo-nazi shibboleth but I'm not sure as to what you are implying?

That Ripple is a jewish conspiracy, since the guy works for Ripple, or that it's jewish FUD since the fact that the guy works for Ripple is unbeknownst to you?

Either way, you are retarded.

>>5909586
THOSE SHITBANKS ARE IRRELEVENT SND JUST PUMPING THE SHITCOIN.

RESD THE NY TIMES ARTICLE

IT’S THE DEFINITIVE PROOF NO BANKS ARE USING RIPPLE

>>5909704
>NO BANKS USE XRP!!

Take, here is one.

>IT DOESNT COUNT LA LA LA

Heh.

>>5909586
that's not even a bank, fucking idiot.

>>5909703
>Ripple

>>5909586
>NON BANK

HOLY FUCK

CAN YOU READ?

>>5907284
Do you know what fudding is for?

>>5909703
You do relize that you don't have to be a nazi to fucking hate the Jew right you dump fuck?

FUD btfo

>>5909586
>big banks
>one not-even-a-bank that nobodies ever heard of
oh how the goalposts move

>>5909847
It’s not even a bank.

RIPPLE IS A SCAM.

>>5909742
fucking idiot this and that.

>muh nakamoshis visiun
>look mommy, i am le edgy anarchist x)

>>5909924
LMAO

SELL YOUR SCAM COINS TO SOMEONE ELSE.

YOU'VE BEEN FIGURED OUT.

>>5906900
>the alt-right

Lol nice meme. I don't get it though. I love trump and strongly dislike Bernie and I'm not alt-right. Don't label me, fuck face.

>>5909924
you sound mad as fuck, did you fucking buy ripple at an ATH?

>>5909956
I can only imagine how mad you must be

>MOMMMMY

>>5910025
LMAO

READ NYTIMES.COM

NO BANKS USING XRP

NO BANKS PLANNING ON USING XRP

CONFIRMED BY A JOURNALIST AT NEW YORK TIMES.

>>5910000
There are people on /biz/ that are zealously defending the legitimacy of this literal token. It's about as legitimate as speculating on World of Warcraft gold.
I've been called every name telling these morons that banks don't give a flying fuck about XRP, and that "Ripple" is something completely different and unrelated to this fraud that shouldn't even be called a crypto.

>>5910071
See >>5909845
You filthy street shitter

kek so much denial from Ripplers. BTW you can short ripple on bitmex with leverage.

The best performing crypto trade will be short ripple of the next 7 days. About to jump in. Come at me normies.

>>5910125
SEE >>5909910

NON

BANK

>>5910000
Nah, my average buying price was € 0.21.

aaaaaaand its going up again.
nice FUD op

>>5910162
Stand by your words, can you post proof?

Also, what's the opposite of a normie..a retard, I'm guessing?

Response from official ripple twitter.
3 of top 5 money transfer companies plan to use XRP in 2018.

https://mobile.twitter.com/Ripple/status/949131179797626880

>>5910175

> set up 2 interviews for "journalist"
> declines both and spreads FUD from "sources"

All I see are autists listening to a scam artist from the SJW times while I enjoy my 1600% gains. Stay mad pajeet.

>>5910199
holy shit

>>5907992
>"we've already used bitcoins in transactions"
I find this extremely hard to believe.
maybe an intern running a test? a bank would put research into that before buying bitcoin and would see its shit... right?

althought i guess bitcoin was better than bank wires for a short time

>>5910199
>>5910235

Denial is a powerful force my friends. It's moments like this seperate traders from cultists.

I'm gonna short it just before normies in the US wake up.

Ripple is crippled

Massive whales dumping XRP

Korean pulling another pump and dump

>>5910338
Its only 11pm bud.
We are awake.

>>5907284
You're a jew

C'MON FAGGOTS. TELL ME AGAIN HOW XRP IS NOT GOING TO BE USED.

https://asia.nikkei.com/Business/Deals/Japan-South-Korea-blockchain-payments-enter-trials-Friday

>>5910490

pajeet shilling a scam coin

shoo shoo!

>>5910334
Obviously.

No bank will touch XRP.

Bankers are greedy sons of bitches they’ll copy any tech that’s necessary and not pay a dime for it. Then say the copyright is invalid due to national security.

>>5906835
Anyone who holds xrp after this deserves what they get. The degree of panic from xrp when called out on their bullshit by a journo was fucking /b tier. IMO folks in ripple may be heading for jail time if they don't post 100% proof asap. FYI spoke to contacts in IT on four banks in UK and three in Ireland and they have no plans or discussions about XRP. Only ONE (in Ireland ) said they were 'following ethereum with interest. 'XRP is a fucking scam and I hope that fact does not kill the crypto moons for years.

>>5907753
You're on the Ripple developer team, aren't you?

>>5910556

>post evidence from the fucking Nikkei of SIXTY ONE BANKS planning to utilize XRP
>ZOMG GO AWAY PAJEET WE DON'T WANT FACTS HERE

the absolute state of biz

>>5910490
OK.

LET ME TELL YOU AGAIN.

NONE OF THEM ARE USING XRP. THEY ARE TRIALING THE RIPPLE PROTOCOL.

>>5910596
The amount of money they’ve stolen from people under a fabricated and fraudulent presence should land them in prison for life.

People should start contacting the banks they list and demand statements from them.

>>5910672

>didn't read the link.

Why am I not surprised.

>>5910683
Agreed.

Ripple=SCAMCOIN=PAJEETCOIN

Owned by the big banks, and a massive korean pump and dump being coordinated right now

>>5910490
>Banks hope Ripple tech slashes costs 30%, allows same-day funds transfer
>Banks in Japan and South Korea begin tests Friday of blockchain technology from U.S. developer Ripple

>Ripple tech
>begin tests Friday of blockchain technology from U.S. developer Ripple

ripple tech not ripple you dump fuck, you really think that bankers are gonna use ripple to transfer of milions dollars

does banks uses nipples yet?

>>5910683

>banks won't use XRP
>banks are using XRP to steal muh bitcorns

PICK ONE YOU FUCKING RETARDS.

>>5910740

oh look, you didn't read the fucking link either. color me shocked.

It's really dumb to think a bank would adopt it for international settlements without figuring out that this implies that literally every other major bank in the world would need to also adopt it for it to work in the first place. Every bank. Those banks that could probably maybe save money by using Ripple with XRP are the same fucking banks that are the source of liquidity for international settlements and WOULD LOSE if XRP was to be adopted.

Like, add two plus two. This is so obvious in retrospect.

>>5910820
i just literally quoted from that article you dump pajeet

>>5910737
I read it. You are misunderstanding this sentence.

>Eventually, the banks aim to send money by using Ripple's virtual currency, known as XRP, cutting costs an estimated 60% compared with conventional methods.

THEY "AIM" TO SEND FIAT USING MINUSCULE AMOUNTS XRP TO SEND YEN. THAT'S WHAT THAY MEANS. THE JOURNALIST IS JUST USING AMBIGUOUS LANGUAGE.

IF YOU DON'T SELL NOW YOU GET WHAT YOU DESERVE.

>>5910882

Then how did you miss pic related, retard?

>>5910740
Not only that the US govt can seize the technology and give it to the banks under the guise of National Security.

Banks won’t pay a dime for a single XRP.

>>5910901

wrong.

>>5907382
>Mexican bankers

>>5910934
Correct, its the ripple system NOT XRP

XRP is not crypto and it cannot be mined.

FUK THIS SCAMcoin, sell for gains... rinse and repeat

>>5910914
oh when will they use that you fucking retard? WHEN?
They have the fucking tech why do they have to use ripple? You actually believe that shit

>>5910840

> what is a market maker

The absolute state of /biz.

>>5910963
Literally fradulent documents to sell a Ponzi scheme.

I hope these people end up in jail for life.

>>5910963
LMAOOOOOO YOU STILL DON'T GET IT. NO ONE NEEDS TO HOLD XRP TO DO THAT.

>>5910995

>you actually believe that shit

Considering the goddamn CHAIRMAN of those 61 banks announced "they are all in on XRP" - yes I do.

What other shit ass fud can I BTFO for you, retard?

>>5910914
Zero bearing on XRP whatever. Plus I called people in briylt banks who know me for 20 years and they pretty much said XRPs story is bullshit. Banks have their OWN it dev teams you know. They don't need xrp tokens you tard. Jail time incoming. You can't lie about shit like deals with banks when their is billions riding. I just hope this does not crash crypto for a decade

>>5911033

>literally says using XRP
>they don't need XRP

it's specifically how the system is designed, dipshit.

>>5911048
Because they’re in on the scam you retarded braindead fuck.

What kind of a Bank CEO would be on Twitter cheering for a cryptocurrency other than a scamming shill?

FFS, ripple is a scam, made by the banks

Its only good for pump and dumps - making gains

>>5911032

>Fraudulent documents.

Page 120 fuckface. Read it for yourself.

http://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/170629presentations.pdf

You xrp haters are utterly pathetic.

>>5911065
This. I can’t wait till these fucks go to jail.

They’ve perpetrated the biggest Ponzi in the history of the world.

>>5911104
The entire ripple story is a pump scam They have been called out in print by a major paper and they just fucking spazzed out. They should have just shut the fick up. Jail.

>>5911173

delusion.

>>5911162
SBI HOLDINGS ISN’T A BANK.

IT’S A SCAM.

>>5911204

more delusion.

>>5908371
The word is shill not shrill newfag anus. Ripple is a piece of shit and people are buying it because they’re idiots and think it’s “cheap”

>>5911081
Ok let me slow down.

I want to send YEN to KRW using ripple.

1. I sell YEN for XRP
2. I sell XRP for KRW

NO NEED TO HOLD XRP FOR THAT. YOU BUY IT AND INSTANTLY SELL IT AFTER.

>>5911162
Lol a failing investment back founded in 1999 mention the tech and NOT using XRP buried in a mammoth doc.You fucking idiot. You've been scammed.Either that or the xrp team ate living in a psychotic fantasy because NONE of the major banks in the aUK, France, Germany or Ireland have even fucking heard of ripple

>according to /biz/ Ripple is finished/crippled etc.
>all my XRP positions are nicely green and the percentage is rising every minute

I'm ok with this

>>5911284

the delusion continues.

>fud before big annc in january
color me surprise

>>5911048
oh he mentioned he all in XRP means that all the banks is gonna use XRP? Fuck logic right?

Billionaires like McAfee shilling shit coin all the time so that's mean it not shit right?

If XRP is that valuable, why the bankers don't use it immediately? Why they just want the tech?
Because they just be care about the tech, they dont give a fuck about ripple

>>5911318

>YOU BUY IT AND INSTANTLY SELL IT AFTER.

You literally just proved it's use case you fucking numbskull.

Genuinely pleased that xrp holders are going to get raped. Well deserved. It's a shitcoin of the lowest grade. Muh secret banking deal does not fucking fly when the hard questions fly.

>>5911370
Literslly a Bitcoin mining company now.

>>5911318
You a describing use of XRP. If banks and money services use it that way the value of XRP will have value. It is required for a transaction and the value will be equivalent to the money/time saved.

This contradictory FUD is just getting confusing

>>5906835
Some of us have been saying this for weeks.

>>5911416
>why the bankers don't use it immediately?

uhh... because banking and finance is one of the most highly regulated industries on the planet and it takes time? Fuck you think Ripple has been doing the past 5 years cozying up to the Fed and the IMF? Baking cookies with them?

>>5906835
Just sold :) Feels good to be free of the Jew coin.

HOLY FUCK THATS /POL/ TIER SHIT
GET THEM JEWS BOYS! DONT LET THEM RUIN CRYPTO BEFORE ITS TOOOO LATE!

>>5911416
>BANKS REVEALING THEIR ACTUAL POSITIONS

ARE YOU A PROFESSIONAL BAG HOLDER????

DID YOU BUY CDOs FORM GOLDMAN IN 2008?

Ripple is FOMO coin

its a scam

Massive pump and dump. Happens all the time

>>5911416

It's one of the most heavily regulated industries in the world retard. They can't "just use it". Fuck me.

t. worksforafuckingactualbank

>>5911519

>If I repeat the same bullshit over and over and over it becomes true

>>5911318
You literally just bought XRP and had to use it for the transaction. This is a point i think gets ignored by the FUDers. They dump it afterward but they still needed to buy it at some poinnt. Analysis done has said that the amount needed by banks to clear would end up with a Ripple valuation of at least $2.

XRP is overbought IMO, and maybe banks will use their own tokens, but how would that work?

Bank A creates ripple clone A.
Bank B creates ripple clone B.

Bank B doesn't see any value in clone A, and vice versa.
The token must be public for any bank to trust it. Maybe we'll see JPMorgan release their ripple clone called JPMorganCoin. But if the public doesn't have access, it is worthless.

But why buy JPMorganCoin when ripple already exists?

>>5911554
Trump did it why not, pajeet

>>5911048
Didn’t really say anything about the tech behind Ripple or the desirability of using it in commerce, sounds like the “all in” had more to do with price speculation.

Or were you just pretending to be a brainlet?

>>5911580
>public has access to private banking ledger

Are you retarded mate?

Ripple is just a database, nothing else.

>>5911477
ROFL BANKS HAVE TO USE CHAIRS TOO ARE YOU ALL IN ON CHAIRS?

THEY DON'T HAVE TO MAKE A CONSISTENT BID ON XRP EVER. IF (THAT'S A BIG FUCKING IF) THEY WANT TO USE THE XRP CROSSES THEY JUST HAVE TO SELL IT AFTER.

THEY KNOW IF BANKS MAKE THEM USE THEIR SHITTY TOKEN THEY WILL NEVER USE THEIR SYSTEM. SO THEY JUST PUMP THEIR ADOPTIONS AND RETARDS BUY XRP UP TO HUNDREDS OF BILLIONS.

I WISH THAT I COULD TURN BACK TIME.

>>5911580

>Bank B doesn't see any value in clone A

Yep, and that's the whole point behind Ripple. It's why SWIFT exists. There has to be a neutral 3rd party. These idiots actually believe that JP Morgan would accept a token created by a rival bank. It's laughable.

>>5911492
>>5911541
> Have the tech
> Have the fiat
> oh no i'm gonna use shitty token that have been overbought to transfer my money

kys faggots

>>5911644

Oh FFS. Google the guy and his statements on XRP. I'm not going to fucking spoonfeed you.

>>5911499
Congratulations on making your money before the house of shit falls in on itself

>>5911654
https://xrpcharts.ripple.com/#/transactions
Same with bitcoin, ethereum, and every other coin.

It's called "Distributed Ledger Technology" for a reason.

>>5911655

Turn off caps lock cunt

>>5911701

>banks don't want to save money

This is literally your argument.

FACT

NO BANK IS CURRENTLY USING RIPPLE

NO BANKS HAVE ANY PLANS TO USE RIPPLE

>>5911714
If he said such pointed stuff, why didn’t YOU post it, instead of this tweet where he sounds like a salivating normie?

>>5911782

You've already been proven wrong. Why do you continue to lie?

>>5911782
SOURCE NYTIMES.COM

>>5911762

They want to save money, that's why the want the tech you dumb fuck

>>5911852

Using the tech saves 30%
Using the tech + XRP saves 60%

Why can you idiots not understand this?

huge 100k member pump n dump discord server

join us: jNj9Pxm

>>5906835

Weakest FUD I've seen in 3 years of crypto, to he honest. Brad even responded to it.

I bought more after this came out. I rarely saw a better sign that things are getting huge.

>>5911810
GO TO NY TIMES

READ THE ARTICLE

EDUCATE YOURSELF

PREPSRE TO GO TO JAIL

>>5911838

Even if that reporter who's already been BTFO for straight up lying WERE telling the truth, you're still a fucking idiot.

Are you actually implying that he spoke to every bank on the planet?

>>5911905

IT'S ALREADY BEEN DEBUNKED, SHITLORD. CAPS DOESN'T MAGICALLY MAKE YOU RIGHT.

Post your ripple gains lads.

> America's coin

>>5906835
Hahahahahahah shitcoin BTFO

>>5906900
No, fuck you, jew piece of shit

>>5911989
You going to jail buddy.

>>5907382
Fucking lmao
Sure that one mexican taco transfer service is going to put buy pressure so your shitcoin can hold a 100b valuation

ITS A SCAM COIN

SELL YOUR XRP NOW
PUMP AND DUMP

>>5911940
Should have quit when you were ahead instead of creating fradulent documents.

FBI is probably already investigating you.

XLM is the real money maker. Screen cap this.

>>5911894

XRP has no useful properties. Any technology that uses XRP to do X Y% better can be redesigned to not use XRP at all.

If you disagree, give me a full technical explanation. Thanks.

>>5912147

You're contradicting yourself.

>XRP has no useful properties.

incorrect

>Any technology that uses XRP to do X Y% better can be redesigned to not use XRP at all.

Correct. But anyone doing it now is likely too late to the game. Ripple has been building relationships and working towards this for 5+ years. They are known and trusted. If financial institutions were willing to hop on anything on a whim, they wouldn't still be using 40+ year old tech.

https://www.profitconfidential.com/cryptocurrency/nem/nem-xem-cryptocurrency-ripple/
XEM WILL PREVAIL

>>5912267
Ok I'm fine with that. If you accept the second point and still want to invest in XRP I have nothing to say to you.

But you better hope that 99% of XRP investors don't figure that out.

>>5912147
ripple is just bitcoin, but different.
at the heart of it, digital scarcity is the tech breakthrough.
at the heart of it, there needs to be a token that is trusted by two parties.

Pretend you're JPMorgan. You can save $1 billion a year by using ripple.
You can cost your bank $10 billion more by using bitcoin.
You can lose business to the competition if you do nothing.

You can create JPMorgan Coin which is a fork of ripple. Bank Of America Coin also exists.

Does JPMorganCoin accept BOAcoin? Do they accept ripple?


>hint: the reason this is so confusing is because the logical conclusion of all this is that NO ONE NEEDS THE BANKS and they will die a slow painful death

>>5909845
>t.fud safe space

>>5906835
tldr; ripple's gonna cripple...what else is new?

>>5912354
You seem to think that the reason Banks still use swift is technological. They lacked blockchain or a trusted third party or digital scarcity or whatever.

That is not the reason. They kept SWIFT because it's in their own interests and there are huge amounts of regulations with regards to compliance and international transfers. They like being intermediaries. They don't want their customers to have instant transfers -- no banks save money using Ripple. They can can maybe not lose customers to other banks.

We have the bank for international settlements and central banks. This means that any major bank can settle instantly with any other major bank. There is no need for tokens. The USD and US treasuries are the tokens.

>>5912960
This is why Banks will be forced to drastically change in the next decade.
The government can ban crypto, that would make things more difficult.
However at the core of this, the issue is I can now send money across the globe for a cost of 0.03 cents within 10 seconds.
and I don't need a bank to do that anymore.

However I DO need some security. A place to store my crypto, and an assurance that if it gets stolen we can track down the hacker and punish them, and I can get my money back.
This is one of the biggest weaknesses. If someone can find a way to fix this problem, they'll become very wealthy.

>>5910490
After reading that article, glad I bought more tonight. Says right there they are using the blockchain tech right now to test everything and then they all plan to use XRP later after it all works out, as early as Spring 2018

>>5913228
What you basically want is a traditional bank. You should stick with it.

Crypto will never have the backing and security of a bank like a FDIC.

It will hit 4$ this week end

>>5913436
because btc pumps to $100k yes