/biz/ - Business & Finance

>>8120429
People also did this at over $3 and it dumped hard... safe yourself the worry

>>8120429
>close browser
>go jerk off
>watch a movie

>>8120429

better off in BTC. ripple will bleed with everything else starting this wee kwhen it starts its run.

>>8120429
>Ripple
kekd

>>8120429
I'm thinking about picking up some cripple.. i thought it was already done but it could reach $3 now

>>8120429

Don't, this is coordinated shilling to raise the price leading up to tuesday so the insider group doing this can sell the news.

>>8120429

>>8120429
>about to FOMO into a crypto that is always either mooning or crashing hard
>Ripple crashing AAAAAAAAAAA!! Why did I buy this shitcoin AAA!!!
>APOLOGIZE
>Ripple crashing again!!
Like clockwork. If you like such an unstable shitcoin then you might as well try a slot machine at your nearest casino.

[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).

>>8120704
It's like you want OP to lose all of his gains.

>>8120429
chase the pump at your own risks. My limit sell order triggered at 8580. I'm not mad for "missing the top", I made my profit and got the fuck out. If the dumpening isn't happening already, it will happen soon enough

>>8120429

You’ll be fine if you buy sub $1.60. Beyond that, who knows when it will dump.

Buy and don't look at any charts or prices until next week, easy gains.