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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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7692317 No.7692317 [Reply] [Original]

Poor fag here.

Missed out on every moon except xrp at .20 and sold at 3$ for 160$ woop woop not. (Although that was from 6$ worth of btc at the time so meh).
Bought into eth at ath (1300$) as thought would be safe then instantly regretted it and put into xlm at .57$ and it's arse fell out..
I went from 160$ down to 65$ but it's nearly back to 100$. I know this is pennies to the biz whales but at the moment is free money for me it cost 0$ so I learn my lessons now or try to and soon I can play with proper monies. What are you guys hodling? I want to start with getting 2500 xlm and going from there..

>> No.7692360

>>7692317
>sharing holdings with someone who can't save a picture on their phone

>> No.7692594

4YcR8kd

Does that make u feel superior sweetheart? I don't wanna hear problems, just solutions so help an anon out mofos

>> No.7692651
File: 104 KB, 640x480, 1517957305228.jpg [View same] [iqdb] [saucenao] [google]
7692651

>>7692317
nice b8 fag

>> No.7692685

>>7692317
Your moms fucking tits you retarded sack of dog shit

>> No.7692768

Not even bait you fucking wizard neets, get out of the basement and get some vitamin d.faggots

>> No.7692845
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7692845

>>7692768
i bet you get plenty of that vitamin D, faggot

>> No.7693117

>>7692845
So ur a wizard aswel. How cute

>> No.7694299
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
7694299

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump)

>> No.7694981
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7694981

>>7692594
you don't even know how to properly reply, geez what a fag "sweetheart"

>> No.7695151

I suggest you do get that XLM, but put it into RMT and/or stemchain. Put $250 into stem and 750 into RMT. Keep the rest if you want to swing trade.

>> No.7695728

dogecoin..... 1 doge = 1 doge..forever an always.