/biz/ - Business & Finance

tell me why the xrp token should have value?
As far as I know the banks they are onboarding will not use the public token.

>>9790488

Thank you for asking :)

Xrapid has now been complete which dose require the xrp token to use and there are already several banks doing so

Xrapid offers further advantages over x current such as faster transaction time, cheaper transaction fees.

Yes I believe x current does currently have wider case use, but that is because it has been out longer. Xrapid is offers even greater benefits to the already MONUMENTAL advantages x current offered

>>9790488
Sorry miss read your question while trying to multi task

Xrapid and the banks using xrapid use xrp from the same public supply as you and me. Not from xrp held by ripple. Hope that helps :)

>>9790600
It's still a buy and a sell separated by only a few seconds maximum, so it won't affect the market at all since arbitrage bots will average the local differences out in the next seconds.

>>9790467

XRP is the biggest scam outside of Bitconnect.

>>9790830
>XRP is the biggest scam

>plz buy my 2 dollar bags of a worthless chuckeecheese token

>>9790488
>As far as I know the banks they are onboarding will not use the public token.
that is plain wrong, and clear missunderstanding about how xcurrent and xrp works.
xcurrent doesnt need any token at all so there isnt even a private token but there is a private network between banks,

>>9791127

>plz keep parroting a dumb youtuber

Anywho, yes, OP, that's accurate.

>>9790467
XRP is just a centralized crypto.
>not shilling $NANO
I don't understand you biz.

>>9790806
True, that itself won't lead to the biggest pump but what will is the adoption and the increased volume of use.

Re-admittance is many trillions of dollars moving around that xrp has just began to scratch the surface of as the solution that has proven to solve all current problems with the system

>>9791370
>XRP is just a centralized crypto
that's the sole reason it's fast. It has dedicated servers.

Fuck satoshi's vision. Software has to be efficient and fast, not follow some arbitrary metrics an anonymous dev team came up

most people in xrp discussions dont even know about what xrp and ripple products are, or how do they work, it is very clear as people oftenly mix up the definitions and purpose of each one, resulting in something that obviously makes no fucking sense
and this >>9790488 is the result of that, people come to xrp threads arguing against something that doesnt exist and makes no sense. which results in this>>9790600 >>9790572 , us trying to explain why how they think it works its wrong

>>9791300
No one is talking about x current you god damn retard

We are talking about xrapid the new and even more efficient system by ripple that is currently being used by banks and uses public xrp tokens

>>9791596
>As far as I know the banks they are onboarding will not use the public token.
think. what is that thing the banks are joining that doesnt require tokens?
>>9791586
it is fast because it doesnt require to waste time and energy solving useless mathematical problems that increase transaction delays aka mining
>nano
>the fucking nano
if you dont realize why xrp is top 3 cmc and nano is not then you shouldnt even bring it up

>>9791593
Thank you for pointing that out. Xrp and the company ripple are two different things indeed.

The value I see in making arguments referencing the ripple when talking about the xrp token is that ripple has committed to using xrp as the basis of their, let's be honest, revolutionary financial solutions. If ripple were to change it's stance on xrp I would re-evaluate my holdings but that doesn't look to be the case any time soon as theyou are currently rolling out even more uses for xrp outside of their original re-admittance projects

>>9791740
>nano
you mean that piece of crap that requires proof of work too so you can't spam the network with "muh free transactions" and special bootstrap nodes to act as judged for disputes.

Yeah that ought to be satoshi's true vision if nothing else.

Price predictions?

>>9791837
$589 EOY

centralised shitcoin

pointless

>>9791869

In my fucking dreams my dude

>>9791910
Mine too

>>9791563
>Re-admittance
just fucking stop. you are truly making xrp look bad with your idiocy.

>>9791933

>Jealous

The problem is that XRP would have to increase by 2.84 every single day from today until the end of the year to get there. Obviously that will not be happening

fucked up the reply order
>>9791586
>XRP is just a centralized crypto that's the sole reason it's fast.
it is fast because it uses the consensus algorithm which is superior to mining
further decentralization of the network does not harm its speed
>>9791791
yeah thats the reason it is not even near top 3 in market cap

>>9791976
A percentage increase per day would be the more accurate calculation, for example at btc's price of 7.6k nobody even notices a 2.84$ price change, but your point will still hold, it seems way too unrealistic

>>9792155

Good point

>>9791976

Slowly at first. Then all at once.

>>9791966
How? That's literally the multi trillion dollar market xrp is beginin to be used in when people use xrapid