/biz/ - Business & Finance

no? ripple CEO doesnt even like XRP and thinks its a shit coin LOL

>>7724824

>citation needed

>>7724824
FAKENEWS.

BTW XRP at 10$ this year easy

>>7724731
Considering i just sold, probably

>>7724885
why do people get excited over 10x?

>>7724731
Why do you fucking idiots keep buying this centralized shitcoin that isn't even a real crypto? No seriously tell me. Are you just stupid?

>>7725371
Not everyone bought at 1.00+

for your next ripple thread, anon

>>7724731
XRP might be the most overpriced shitcoin on the market, seriously what a fucking joke. I hate BTC as well but I think Ripple is an even bigger memecoin. You'll be left holding bags when this inevitably crashes back to sub $0.10

>>7725521
irrelevant though since its 10x from current price and you could sell right now if you wanted to

>>7725613
People said that when it was 0.20
>It will go back to 0.005
>it will go back to 0.10
>2018 it will go back to 1$
>2019 it will go back to 10$

I will keep laughing by the same attempts over and over again

No, everybody wants to use ripples tech but not XRP

>>7725613
>>7725695
tfw I fucking said it
but i been in for a while now
we good

>>7724731
google saudi arabia right now
they are ALL ABOUT banks
Look the FED is DEAD

>>7725613
You dont know shit. You don’t even know why you’re saying what you’re saying.

>>7725622
Right but for me it would be 20x if it went to 10$.

Anyway it’s going to $90+ EOY. Nice second home for me. 589.00 is a little ambitious

>>7725749
>>7725768
what the fuck how delusional can you be retard?

90? youd be happy if its 5

>>7725785
I would be. But you are underestimating this market in coming months. It’s fine. Keep holding TRX.

>>7724731
> tfw bought ripple at 3 USD

>>7725768
telling someone
>You dont know shit.
>>7725768
making this 'prediction' on xrp
>Anyway it’s going to $90+ EOY
projecting much?
dude seriously.....you mutts and your shite education

[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).

[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).

My only problem is I am all in XRP and now when BTC is going up I am not making any money.
Is this good or bad ? Can someone explain the BTC-RIPPLE relationship? Should I move into BTC and buy more XRP later ?

ive read a bunch of stuff and have money all over the place
not saying it's the only way
but its a pretty big thing

>>7727205
I just thinking about that
trading pairs
look at the code in USD.
if USD price is same at PAIR then not sure how to get the best advantage

but maybe focus on the basics for now
what to buy
not losing a bunch of money
etc

>>7727205
You are very impatient. Crypto is different from the stock market. Coins don't necessarily pump immediately after news. It took Ripple about a week to skyrocket after the escrow announcement.

happening soon:
>revolut listing
>coinsquare listing
>uphold listing

happening in 2018:
>Interledger (future of payments)
>Codius (smart contracts)


Forget about your XRP bags for 6 months and thank me later.

>>7727232
That's why I am not trading.easier to make BTC gains on other markets. When BTC bulls I usually don't trade. It's just a shame my USD value is going sideways when BTC is rising. But when XRP makes it's next move I think we go to 5 USD so that will x5 my BTC value.

I think XRP will be 50 USD EOY.

>>7727278

>>7727296

>>7727278
.

>>7727296

Forget about your XRP bags for 6 months and thank me later.

happening in 2018:
>Interledger (future of payments)
>Codius (smart contracts)

XRP x20 in 2019

>>7724731
Absolutely not. Banks like the tech but the coin itself is 100% useless.

>>7727325
What's this app ?
I have had other stuff in my life lately so I have neglected my crypto knowledge. It just feels from experience and gut feeling that XRP will moon as fuck soon.

>>7725844
memes aside, how low is your IQ? 50?

>>7727363
>bAnKs nO cOIn
>tEcH gOoD bUt nO cOiN

Congratulations, you a fool in a mans shoes

>>7724731
10$ eoy ez

>>7727341
>>7727278
>>7727232
>>7727220
great info aNONS

>>7724731
No

5 bucks til end of q1.
wojak time then. will be soooooo awesome.

>Max Supply
>100,000,000,000 XRP

>going above 1$
>company is worth 100b $

KEK

>>7727367
It's a very popular digital banking app. It currenty lists BTC, ETH AND LTC.

>>7725622
I've already sold it @ $3, $2 and bought back @.80

in no rush to sell

>>7727581
what can you do with the app? exchange fiat <-> crypto?

>>7724731
hahahahahahahahahahaha

Looks like this thing is stuck at being ~1.10$, it keeps following that price in dollars p much perfectly for days now.

>>7728269
Slow growths build strong support. We don't want impatient weak handed faggot.

>>7728408
*growth
*faggots

>>7727549
You some kind of boomer?

>>7728465
not at all. its simple logic. you should try it.

>>7728640
Sounds like a boomer argumenting to me. What is so crazy about a market cap of >100b? Are you one of those who don’t get market caps?

>>7728688
>What is so crazy about a market cap of >100b?
for a single coin/token with hundreds of competitors and not a single application?
>but muh partnerships
names mean nothing.
when you buy token from a company valued >100b and the actual value of the company is not even 100m, you better not bet on the price rising or sell soon enough after the normie/moron influx.

>>7728421
It's a very popular digital banking app. It currenty lists BTC, ETH AND LTC.

>>7728776
This goes for basically all crypto then? Or is 100b the magic limit?

>>7728986
>Or is 100b the magic limit?
wat?
apple is the highest valued company on earth with 1t.
have a look at other companies valued at 100b and compare them to the cripple shitcoin.

>>7727205
Feel bad for you anon, there are so many other GOOD coins that are mooning this week

>>7728986
It will cost 10$ if there will be people buying it for 10$.
Since it's 1$ now
and the total supply is huge
And there's not much use cases
And there are competitors
And the hype is over
it won't happen soon if ever

>>7729109
>>7725695

>>7725532
Saved. Gonna spam this in the stinky linky threads.

Why the fuck did the price spike up by 5 cents just now?

>>7729641
bogs lurking here

>>7729641
it bleeds, and spikes in a 10 cent green fucking dildo, now its going to bleed all the week until the next moon, i call it the brad new paradigm

>>7729725

inverse chad paradigm

COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE COINBASE

>>7728269
They're competing with tether.

>>7729055
Yeah I know Apple has a big cap, but I thought we were talking about crypto. I can’t really see how comparing the classic market to crypto is valid though.

>>7729876
>I can’t really see how comparing the classic market to crypto is valid though.
because all exchanges work in the same way.
you exchange something for something you think will get more valuable or useful in future (unless your a retard)

apple is not worth 1 quadrillion because no one thinks it will give so much profit as dividend and a still rising price.

its the same with crypto. you want something for your money. and as stated unless you are a complete moron you dont give 10x the amount of money you would receive but more like 0.5 or better.

We should ban all XRP threads imo. Ripple is a plague upon cryptocurrency.

>>7730003
If there's any justice in this world XRP will go to 0