Reminder that if you don't own XRP you're doing it wrong

[Anonymous No.10113383]

Only production ready crypto-currency used in production by FIs

[Anonymous No.10113648]

>He thinks XRP is a crypto
Just invest in EOS if you want a centralized piece of shit that might actually go up in price.

[Anonymous No.10113743]

>>10113648
At least xrp got a working product and having actual client, company using it.

[reluctant kneepad girl No.10113756]

XRP Is the real tether

[Anonymous No.10113816]

>>10113383
>>10113743
MUH BANKING PARTNERSHIPS

[Anonymous No.10113821]

>>10113816
Stay poor faggot.

[Anonymous No.10113826]

>>10113816

lol. yes. banking partnerships. is this a joke or are you a retard?

[Anonymous No.10113870]

waiting for verification on all the ripple exchanges. Not gonna make it in time bros someone hodl for me

[Anonymous No.10114230]

>>10113816
>>10113826

HAHAHA holy shit, I was legit laughing at this first retard.

[Anonymous No.10114248]

>>10113648
XRP already more decentralized than ETH or BTC.

Lmfao brainlet

[Anonymous No.10114251]

>>10113383
Roger Ver, Jihan Wu, Calvin Ayre, The 8btc mod (19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k), Jiang Zhouer, the bitcoin.com cofounder, the Coinbase founder - all BILLIONAIRES who can complete the flippening with their own cash TODAY.
They're not doing so because they'd rather invest in BCH adoption. BCH adoption is skyrocketing while btc adoption is dropping.
In a few years both St Kitts and Antigua will use BCH as their main currency (Roger is working on St Kitts, Calvin is investing in Antigua more money than their GDP exclusively because of BCH adoption), Craig Wright will increase transaction counts by circumventing corrupt governments in Africa for money transfers (this one is not certain but very possible considering his funding), Roger is speaking to VIP-s every other day, including Japanese bank CEO-s, stock exchange owners, etc. Brian Armstrong will push BCH and shit on BTC subtly every chance he gets, bitcoin.com wallet is the most popular mobile wallet and it literally shits on BTC, propaganda/censorship effects are fading, Purse just added BCH meaning that normies can use it to get 20% discounts on amazon, Koreans love BCH and they seem to matter at least as much as Americans and significantly more than eurofags, miners are looking for ways to destroy BTC in the next few years otherwise their profits will crumble, LN is proving more and more of a failure every single day, Wright will patent-troll startups into moving into BCH, tipping on github is now possible with bch, smart contracts are coming in November, stress tests are a massive success, charities are popularizing BCH in struggling countries (Venezuela today, others will join in if trouble arises), Free Society project is progressing well, Circle is adding BCH next few weeks, Ayre who became a billionaire from gambling is going to create BCH-only online casinos

[Anonymous No.10114257]

>>10113816
Bank of England partnership... is that a joke too?

[Anonymous No.10114511]

>>10113816
Still laughing at this retard

[Anonymous No.10114751]

>>10113816

Indeed. 162 of them announced to date.

>http://rppl.info/

Why are you such a retard, retard?

[Anonymous No.10115315]

>>10113383
Xrp is the one sure bet in crypto

[Anonymous No.10115364]

fucking morons. know the difference between xRapid and xCurrent. go see how many banks are using Xrapid.

fucking brainlets

[Anonymous No.10115432]

>>10115364
What's the difference between payments and settlements?

There's no advantage to using xCurrent over SWIFT. Banks are only adopting it so they can turn on xRapid and access cheap liquidity instead of using expensive nostro holdings.

Moron.

[Anonymous No.10115455]

>>10115432

LOL. good luck with that. by the way I work for JPMorgan tell me why the largest US bank doesn't give a shit about this shit coin

[Anonymous No.10115492]

>>10115455
>I work for JPMorgan tell me why the largest US bank doesn't give a shit about this shit coin

Larp harder

Large american banks currently own all the nostro accounts in the world so of course they don't care

it's foreign and small banks that are sick of paying the big 5 american banks who will use it first

[Anonymous No.10115498]

Welcome back tard monkeys. It's been a while.
> muh decentralized ripp coinz bruh

[Anonymous No.10115515]

>>10115432

>Banks are only adopting it so they can turn on xRapid

LOL did you see the list of how many banks are USING xRapid. delusional brainlet


>cheap liquidity instead of using expensive nostro holdings.

you are dumb as they come.
there is no such thing as CHEAP liquidity in fractional reserve banking.

money is FREE to them when they swap IOUs between the US - treasury and federal reserve. go do you homework.

[Anonymous No.10115550]

>>10115515
>LOL did you see the list of how many banks are USING xRapid. delusional brainlet

Suppose we accept that banks are too thick to use something that will give them 60-80% cost savings for liquidity.

Middleman FIs are already using xRapid and they will just on-sell those same services to banks with a markup.

Banks are companies they want to make money. It doesn't make sense to source their liquidity the expensive way when there are cheaper options with no additional risk attached. Those that continue to source liquidity through nostro accounts will be uncompetitive long term.

l2economy brainlet

[Anonymous No.10115559]

>>10115492

>The big banks that charge all the smaller banks for international settlements don't like XRP.

Well slap my ass and call me Susan, who'da thunk?

Brainlet.

[Anonymous No.10115568]

>>10115559

Sorry meant

>>10115455

[Anonymous No.10115581]

>>10115550

if the governments can increase the money supply at will, monetary expansion.

the cost savings is an illusion.

call me a larp but i do work for JPMorgan,

they are not going to gut their entire settlement and payments infrastructure (that would be to costly) if SWIFT is already working on their on blockchain

#COPE

[Anonymous No.10115587]

>>10115568
I gotcha senpai

>>10115515
>money is FREE to them when they swap IOUs between the US - treasury and federal reserve. go do you homework.

>thinking IOU swapping is a form of settlement

Maximum kek. Learn the difference between settlement and payment and get back to me.

[Anonymous No.10115595]

>>10115581
>call me a larp but i do work for JPMorgan,


If you are their A team I'm starting to get a pretty clear picture of who the next Bear Stearns will be

[Anonymous No.10115599]

>>10115587

>Maximum kek. Learn the difference between settlement and payment and get back to me.

come back to me when you know something about fractional reserve banking and the the difference between settlement/payments/loans/ and DEBT is all teh same thing.

moron

[Anonymous No.10115610]

>>10115599

>come back to me when you know something about fractional reserve banking and the the difference between settlement/payments/loans/ and DEBT is all teh same thing.

It's not the same thing FOR NON-US BANKS, absolute brainlet. Of course if you're one of the top 5 banks in the world you can just write a fucking gold plated cheque against yourself and treat it as money anywhere in the world. Try doing that if you're a $10m bank in Myanmar.

Absolute retard

[Anonymous No.10115654]

>>10115610

you dumb fuck. its the same shit if you are talking about a Burmese kyat

how the fuck do you think banks are going to reconcile their books if the price to XRP to a Burmese kyat is all over the place.

if this tech is suppose to settle goverment sanctioned currencies printing their shit out of thin air what makes you think XRP is going to work. brainlet. the governments of each of these nations would have to recognize this piece of shit coin that is so unevenly distributed as legal tender. you think these third world countries are going to conceded to this bullshit? think again

[Anonymous No.10115656]

>>10115654
you can already move money efficiently between many countries with XRP

have you not tried this yourself?

[Anonymous No.10115667]

>>10115656

>you can already move money efficiently between many countries with XRP
you can do this with any CRYPTO and without a bank that isn't a permissioned network.

[Anonymous No.10115951]

>>10115667
>you can do this with any CRYPTO and without a bank that isn't a permissioned network.

XRP isn't a permissioned network

you can't move funds in 4s with finality with any crypto

[Anonymous No.10115965]

>>10113383
Roger Ver, Jihan Wu, Calvin Ayre, The 8btc mod (19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k), Jiang Zhouer, the bitcoin.com cofounder, the Coinbase founder - all BILLIONAIRES who can complete the flippening with their own cash TODAY.
They're not doing so because they'd rather invest in BCH adoption. BCH adoption is skyrocketing while btc adoption is dropping.
In a few years both St Kitts and Antigua will use BCH as their main currency (Roger is working on St Kitts, Calvin is investing in Antigua more money than their GDP exclusively because of BCH adoption), Craig Wright will increase transaction counts by circumventing corrupt governments in Africa for money transfers (this one is not certain but very possible considering his funding), Roger is speaking to VIP-s every other day, including Japanese bank CEO-s, stock exchange owners, etc. Brian Armstrong will push BCH and shit on BTC subtly every chance he gets, bitcoin.com wallet is the most popular mobile wallet and it literally shits on BTC, propaganda/censorship effects are fading, Purse just added BCH meaning that normies can use it to get 20% discounts on amazon, Koreans love BCH and they seem to matter at least as much as Americans and significantly more than eurofags, miners are looking for ways to destroy BTC in the next few years otherwise their profits will crumble, LN is proving more and more of a failure every single day, Wright will patent-troll startups into moving into BCH, tipping on github is now possible with bch, smart contracts are coming in November, stress tests are a massive success, charities are popularizing BCH in struggling countries (Venezuela today, others will join in if trouble arises), Free Society project is progressing well, Circle is adding BCH next few weeks, Ayre who became a billionaire from gambling is going to create BCH-only online casinos

[Anonymous No.10115986]

>>10115654
The whole point is about reducing costs, and not solving the Third World's problems, kek.

[Anonymous No.10115997]

>>10115654
>work for JP Morgan
>doesn't understand the cost of holding prefunded nostro accounts


please just kys

[Anonymous No.10116596]

>>10115986
this

[Anonymous No.10116628]

guys go back to talking about chainlink
pls dont buy xrp
i dnt want you guys to make it
go back to mcdonalds pls

[Anonymous No.10116938]

>>10113383
>xrp
>"""cryptocurrency"""

Good one op.

[Anonymous No.10116969]

>>10116938
>it doesn't have mining
>therefore it can't be a crpytocurrency

good one anon

everyone knows that you only need two things to have a cryptocurrency: user controlled cryptographic signatures and a solution to the double spend problem. XRP has both.

[Anonymous No.10117040]

>>10115654
It won't be all over the place if the price is 250 per xrp. With that massive market cap it can't be manipulated by "whales" either.

[Anonymous No.10117091]

>>10117040
exactly the deeper the liquidity the lower the spread the higher the utility

[Anonymous No.10117119]

>>10113383
>xrp
>real crypto
>centralized
>60% of xrp supply own by ripple
>no consensus algorithm
kek. you're fooling no one here kike.

[Anonymous No.10117142]

>>10117119
>"no consensus algorithm"

>being this stupid
https://www.youtube.com/watch?v=pj1QVb1vlC0

[Anonymous No.10117163]

>>10113383
>over 200 employees
>Elite bankers way of controlling crypto
>Actual partners and real world implementation
>American Express already implementing it
>Patents dating back to 1988
>Literal genius jews working on this project
>50% of the supply is already locked up for their overlords

XRP is the world currency the economist talked about in 1988, unironically.

[Anonymous No.10117175]

>>10117163
>XRP is the world currency the economist talked about in 1988, unironically.

Kek. Half of /biz/ won't touch it because they *want* to be on the losing side of history

>muh banks are the enemy
>muh profits

pick one you degenerates

[Anonymous No.10117183]

>centralized database (blockchain) controlled by Ripple
>can be manipulated and shut down, by Ripple
>only crypto currency project created and sold 100% for a private company profit
>so far only promises but nothing really happening
>the supposed hype partnerships were with Ripple but not XRP
>Ripple staff still hold the majority of coin on private ledgers

I dont know, time will tell.

[Anonymous No.10117191]

>>10117142
it's not consensus algorithm brainlet. You're just reading the title without actually watching the video.

>xrp claming to be real crypto
>transactions go through centralized servers
>no pow, pos, or dpos algorithm to check and update ledger.
kek stay brainlet.

[Anonymous No.10117209]

>>10117191
>it's not consensus algorithm brainlet

Literally it is a byzantine fault tolerant way for any group of nodes to arrive at a common ledger. What in the fuck do you think a consensus algorithm is? Absolute retard.

[Anonymous No.10117230]

>>10117191
>nodes can be run by anyone
>transactions validated by every node in the network
>each new ledger independently built by every node
>too complicated for biztards to figure out

[Anonymous No.10117236]

>>10117209
>ripple's private servers
>consensus
Please stay being a brainlet.

[Anonymous No.10117253]

>>10117236
>ripple's private servers

XRPL default validator set already more decentralised than ETH and BTC with their three chink mining pools

Stay poor faggot

[Anonymous No.10117291]

>>10117253
>private blockchain
>decentralized
just pick one faggot.

[Anonymous No.10117303]

>>10117291
I never said it was a private blockchain YOU DID retard

[Anonymous No.10117311]

>>10117303
Just leave him. Those who can be saved already know, those who cannot be saved will never change their minds.

[Anonymous No.10117315]

>>10117311
Copy that moon buddy

[Anonymous No.10117316]

>>10117303
Well, it's a private blockchain own by ripple. Dyor faggot.

[Anonymous No.10117319]

>>10113383

XRP isn't a cryptocurrency though, it's nothing short of a scam.

This is why goybase won't add XRP even when offered $1million to do so.

[Anonymous No.10117331]

skycoin is so affordable now that u must be an idiot not to max your collection. the real product is not the coin, so if u want a strategic advice, go for any of sky's item. thank me later

[Anonymous No.10117341]

>>10117316
If you took your own advice you would know that it's not private...

[Anonymous No.10117356]

>>10117316
>Well, it's a private blockchain own by ripple. Dyor faggot.

WRONG

DYOR faggot
>>10117346

[Anonymous No.10117397]

>muh ripple can not even smart contracts
shitcoin, discarded

[Anonymous No.10117410]

>>10117397
http://fortune.com/2018/06/06/ripple-codius/

How long are you going to spend failing this hard because you might as well just off yourself now and get it over with

[Anonymous No.10117412]

>>10117356
>decentralized
>third party validation
>validators are members on the XRP ledger that determine whether transactions meet protocol requirements
hahahahaha. You cucks make me laugh. Just use a visa brainlet.

[Anonymous No.10117428]

>>10117412
>Just use a visa brainlet.

Visa uses nostro accounts for settlement absolute fucktard. The whole point of XRP is to provide a highly liquid extremely quick digital settlement asset. And it is doing exactly that. Visa will use XRP within 5 years.

[Anonymous No.10117429]

>>10117397
>muh shrimp farm
smart contracts will change the world!

[Anonymous No.10117434]

>>10113383
lol OP thinks XRP is better than XLM

[Anonymous No.10117441]

>>10117434
>lol OP thinks XRP is better than XLM
can you name a single way in which it isn't?

[Anonymous No.10117442]

>>10117412
validators order transactions. all nodes determine whether transactions meet protocol requirements.

[Anonymous No.10117448]

>>10117428
>third party validation
then it's not decentralized. You're trying so hard cuck. xrp shill btfo

[Anonymous No.10117458]

>>10117448
>then it's not decentralized. You're trying so hard cuck. xrp shill btfo
you dont even understand validation much less what decentralised means

go back to your three chinese mining pools that control 51% of BTC, ETH, LTC, BCH and enjoy your 'decentralised' paradise

[Anonymous No.10117489]

>>10117458
>t. a kike thinking third party validation is decentralized
enjoy your kikecoin.

[Anonymous No.10117498]

>>10117441
Oh boy, you're really going to make me do this, eh?

>Ripple the company is a for-profit business who holds XRP in their reserves.
Stellar does this too, yes. But they are a non-profit foundation who distributes all of their XLM via the Stellar Partnership Grant Program. You can view their distribution here: https://dashboard.stellar.org/
>XRP's are sold directly from Ripple's (the company) reserves at a discounted price to banks.
Do you really expect banks to open an exchange account or even buy OTC at current market rate? They get the hookup straight from the source. There's actually no real incentive right now for your average investor to really hold XRP because of this. Ultimately you're just propping up the value for the banks.
>XRP is closed source. It's proprietary code for a for-profit company and this is a dangerous game when it comes to cryptocurrency. You may disagree, and that's fine, but proprietary software in the world of crypto should make you feel very uneasy in terms of potential vulnerabilities.
Stellar is completely open source and very secure. It has been around since 2014 and the protocol itself has never once fallen victim to a security flaw.
>It's VERY likely that XRP is going to be deemed a security in the very near future
XLM has been given the go-ahead by both Thailand's SEC that it is NOT a security(https://www.bangkokpost.com/business/news/1481525/sec-releases-crypto-details)) as well as passed for approval in New York for trading who has the most strict security laws in the US http://fortune.com/2018/06/14/cryptocurrency-stellar-lumens-buy-itbit/

I could actually go on but I'd rather not make multiple posts.

[Anonymous No.10117505]

>>10117489
"t." stands for typical. Typing "a" makes the meme grammatically incorrect.

I don't understand you idealists. If you think it's controlled by Jews, you think it's not going to moon? Just because you don't like it you're going to stay poor? Just fucking diversify you stupid fucking hippy.

[Anonymous No.10117516]

>>10117498
Well you've proven nothing. Don't fucking buy it then. Stay poor. I own both.

[Anonymous No.10117522]

>>10117505
>Just fucking diversify
But not on xpr cuckboy. My portfolio is already diversified.

[Anonymous No.10117525]

>>10117522
Topped up on LINK and HOLO chain, eh?

[Anonymous No.10117527]

>>10117498

On your last point, both of those apply to XRP as well which was also approved by Thailand and Ripple has NY bitlicense.

[Anonymous No.10117538]

>>10117516
I held XRP when it was far under a cent. I've already made my money on it. No need to buy XRP right now in these trying times. You don't have to convince me, I've already made my money and ran.

[Anonymous No.10117544]

>>10117498

Your 1st point is accurate

Your 2nd point is part accurate and part opinion

Your 3rd part is completely wrong. The XRP ledger is not Ripple the companies creation and is not proprietary to them, it was created before Ripple the company was

[Anonymous No.10117560]

>>10117525
zil, qsp and fun.

[Anonymous No.10117583]

>>10117560
You might as well be trading pink sheets.

[Anonymous No.10117602]

>>10117544
Yes, I know that the XRP Ledger is open source. But that does that matter when a for-profit company is holding the reserves?

Everything else being built on top of it is completely proprietary. i.e. xRapid, xCurrent, etc.

Ripple the company will survive long-term, they have established themselves in the space. They're a solid hedge for the future.

But will XRP stand the test of time?

[Anonymous No.10117629]

>>10115432
NNo unless XRP somehow becomes a stablecoin no banks are going to use xRapid.

[Anonymous No.10117639]

lol

[Anonymous No.10117698]

>>10117498
LMAO at thinking Stellar being a "non-profit" means anything. I hope they're still paying taxes on their non-profits because they never filed with the IRS. And let's not forget that Jed McCaleb already tried to sabotage one crypto. Good luck when he gets pissy about the decisions IBM or other team members make and tries to destroy XLM as well. The guy is only out for himself, and he controls a higher percentage of the supply that Ripple controls of XRP. His coins are not locked in escrow which means he can dump at any time.

As far as buying directly from Ripple, that's not an issue at all. Typically Ripple has sold XRP at a premium rather than at a discount (see the R3 deal), and they also place restrictions on how quickly that XRP can be sold. That's why most institutions actually prefer to buy off exchanges, as admitted by Ripple themselves.

XRP is open source. To pretend that Stellar is somehow much more secure when it already forked due to a consensus failure is just hilarious.

And no, it is not likely that XRP will be deemed a security. It very clearly doesn't meet the Howey Test, and they have former SEC officials defending them. You're kidding yourself if you think otherwise.

[Anonymous No.10117706]

>>10117629
The entire transaction takes less than two minutes. They don't have to hold XRP for any longer than that if they don't want to. Volatility over that time frame is not an issue.

[Anonymous No.10117716]

>>10117698
This post is incredibly subjective like the rest of your posts in this thread.

If it held an ICO, it's a security. End of story. You're very clearly showing how biased you are from this one statement alone.

It's usually not a good idea to take investment advice from people like you.

[Anonymous No.10117725]

>>10117716
There was no ICO. What the hell are you talking about? Ripple is a venture capital funded company.

[Anonymous No.10117730]

>>10117698
I understand you probably have a lot at stake riding on this.

Just remember, tribalism and emotion is a poor mans game. Not everybody wins in the end.

We'll have to wait and see whose comment ages better in time, I suppose.

>The world’s recent fascination with Bitcoin isn’t coincidental. In fact, it’s indicative of the rise of digital consumers and their demand for change in the payments industry. But most payments innovation to date has been anachronistic. Even the cool stuff like Venmo and Xoom (i.e. PayPal), Revolut and Snapcash (Should Apple buy Snap?!) all depend on conventional “rails” like ACH and Wires. The financial plumbing that enables money movement hasn’t changed in a very long time.

>Of the growing variety of complex use cases that Blockchain and DLT promise to solve, cross border payments seem the ripest for disruption. Global consumers just want to be able to send and spend their money without the existing hurdles that cause delay and high fees, and there’s no technical barrier to making real time cross currency payments a reality. A company named Ripple kinda got the idea right, but their implementation and commercialization approach has caused many large banks to pass.

>That’s where Stellar comes in. If you haven’t looked at them in a few months, it’s time. None of the household names in Blockchain and smart contracts have their own “native asset” (save Ethereum who really isn’t focused on any specific use cases). A “native asset” (be careful not to call it a cryptocurrency!) makes all the cross-border settlement stuff a lot easier. Plus, Stellar is open source and non-profit, so its motives and allegiances are not as questionable.

[Anonymous No.10117742]

>>10117730
Would you like to address any of the points I made? Don't worry, it's fine if you run away.

[Anonymous No.10117749]

>>10117742
https://www.bloomberg.com/news/articles/2018-05-04/ripple-hit-with-class-action-suit-over-never-ending-ico

[Anonymous No.10117756]

>>10117749
Come on now. A random lawsuit from some asshole who only bought XRP so he could sue them later? Try harder.

[Anonymous No.10117767]

>>10117756
Let's be real here. They directly sell coins from their own reserves that is also traded in open exchange markets.

You don't think there's "reasonable expectations to profit" from the people buying these coins? They're a for-profit company issuing coins that are in the market being actively traded.

Sounds pretty cut and dry to me.

[Anonymous No.10117802]

>>10113383
Centralized crypto is not real crypto.

[Anonymous No.10117805]

>>10117698
>It very clearly doesn't meet the Howey Test
What fuckin Howey test did you read?
why do these newfag brainlets defend XRP with such vigour?
>>10117716 This guy gets it

[Anonymous No.10117807]

>>10117767
No, there's not. Ripple had their best quarter ever in Q1 in terms of partnerships. XRP had its worst quarter ever. There is not a direct correlation between their success. Biz spent all of 2017 arguing this, and now they suddenly think it's a security.

[Anonymous No.10117818]

>>10117725
>There was no ICO
WOW, deffo not even worth talkin to this fag! some ppl are just lost and have no hope of being found!
Stay dumb, stay poor!

[Anonymous No.10117904]

>>10117818
https://www.crunchbase.com/organization/ripple-labs#section-funding-rounds

Not to mention they gave away XRP for free when the company was initially formed. It's not an ICO when you sell a tiny amount of your holdings into an already existing market.

[Anonymous No.10117937]

>>10117904
Look newfag i am not going to debate you, you are lost, i am not going to find you. You don't know anything about security law but are adamant it is not a security.....No thanks i have better things to do with my time
If you were not so arrogant about your ignorance i would deffo explain it!
Just buy more XRP, gamble!

[Anonymous No.10118094]

>>10117937

until you realize what money really is, only will you know xrp is a worthless shitcoin with no purpose

[Anonymous No.10118133]

>>10118094
I like to think i know, debt. If someone came along (hypothetically) and paid off the all the debts of a nation no more 'money' would exist in that nation as all 'money' is debt.
Also, how can you pay a debt with a debt?
Sadly XRP is a slightly better shitcoin than Fiat! in this regard at least.