/biz/ - Business & Finance

XRP = open source decentralized digital asset with many easy to use/readily avaiable wallets

Ripple = private payments company building proprietary software that uses the XRP ledger for business enterprise

>>9670520
Got the difference between XRP and Ripple.

Now, why doesn't Ripple (the company) Make a wallet app for xrp. What fucking app did ashton kutchner use to send 4 million dollars???????

>>9670570
Ripple's priority is creating software for business. Making a consumer focused wallet app is a distraction.

I have no idea what they show cased on Ellen. Probably a stylised/show ready version of xRapid. I doubt it actually did anything.

>>9670744
Hmm okay.
So...
I feel like buying xrp but it doesn't seem official on ripple's end because they just tell you to fuck off to bitstamp or karkern. What do i do?

>>9670815
Use Uphold? I store mine in a paperwallet that I created offline with an amnesic operating system.
Toast wallet is a good way to store off an exchange if you want something easy to use/more legit looking.

>>9670879
>I store mine in a paperwallet that I created offline with an amnesic operating system.

You use fucking tails? What do you mean? Why did you suggest Uphold out of the blue?

>>9670936
Kek. I offered you a another option other than kraken and bitstamp. Yes I used Tails in that instance to make an cold storage wallet.

If you want Ripple to endorse XRP officially then its not the coin for you. They purposely distance themselves to avoid the threats of it being labeled a secruity.

>>9670982
>If you want Ripple to endorse XRP officially then its not the coin for you. They purposely distance themselves to avoid the threats of it being labeled a secruity.

Fuck. Should i buy XRP anyway?

>>9671167
no

>>9671167
Yes

>>9671188
>>9671392
Yes or no

you have to rely on third party wallets anon.
just google xrp wallet and pick the one that seems less scammy. there are a lot of known ones

>>9670520
>decentralized

>>9671785
ok point the centralized node, the one that if it didnt exist the network would fail.

Oh btw guys, I'm OP.
My id changed
>>9671772
sigh....i might just buy about 5k ripple from kraken and hold until it hits 100 dollars.
not even sure.....hm

>>9671717
Can you repeat the question?

>>9671842
Should i buy XRP?

>>9671822
thats what most people do, as you will have 20 xrp stuck in any wallet you create and that there is no oficial wallet, i have my stack split between 2 exchanges and gatehub gateway wallet.
other people recomend rippex or toast, but i never used it

>>9671900
>as you will have 20 xrp stuck in any wallet you create
You get a free 20 xrp when you create a wallet???????

>>9671961
nope, when you create your own wallet that only you can control etc etc... you need a reserve of 20 xrp ie you put in 1000 xrp but you can only withdraw 980, it is a one time thing tho, if you send another 1000 xrp you will be able to withdraw your 1000xrp
its one of the reasons people just keep their xrps in exchanges

>>9672043
wut

>>9671865
Absolutely.

>>9672043

That's just fucking retarded lol. Why 20 anyway?

>>9673054
If XRP rises in price it probably will be set to a lower amount.
The same applied to Stellar Lumens, they went down to a collateral of 5XLM from 20 or so.

Wait I'm not following anymore.
One day you guys said XRP is scam and now apparently its going to moon?

>>9673156
Do you listen to every single fucking thing biz says?

>>9673048
Best exchange in your opinion

>>9673163
Of course I do

>>9673192
Show me your portfolio

>>9673156
Public opinion is shifting for XRP. Now even scammers are requesting their ransoms in the superior coin.

>>9673225
Never

>>9673237
Larping nigger