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/biz/ - Business & Finance


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File: 6 KB, 178x178, xrp.png [View same] [iqdb] [saucenao] [google]
10769996 No.10769996 [Reply] [Original]

Banks will start using it this year.
Most decentralised crypto in the top 10.

And no XLM is not better fucking morons. Jed controls 94% of XLM unescrowed.

>> No.10770293

>>10769996

10k XRP wtf.
Back then I bought 10k XRP for 50$ and you srly. want to pay >2000$ - laughing at you anon.

This hot stone will drop back to at least 10cent before anyone will come back to use it like a whore for more BTC

>> No.10770300
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10770300

>>10769996
>Banks will start using it this year
because they cant use literally any other non centralized non profit non jewish non cucked only for money non private owned crypto, right? Or better, create their own. LOL
Crypto for banks=vegan pig farm

>> No.10770316
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10770316

>>10770293
unironically when banks start using it later this year, which they absolutely will, this coin will overtake BTC and ETH and be $5-$10

>> No.10770346

>>10769996
>Most decentralised crypto in the top 10.
HAHAHAHAHAHHAHAHAHA no.

The only thing XRP has going for it is that it's not quite as bad as XLM.

>> No.10770369
File: 91 KB, 424x414, 613294612315205.jpg [View same] [iqdb] [saucenao] [google]
10770369

>>10769996

>tfw unironically bought several thousand XRP in 2014, below $0.01 on Cryptsy (because that one one of the very few exchanges where you could buy them)
>GOXX'D

It's like everything in this world is against me...

>> No.10770394

>>10770346
https://cryptodaily.co.uk/2018/08/ripple-are-one-step-closer-to-decentralising-xrp/

You need 80% of nodes to control the network. It is now more decentralised than BTC or ETH which are controlled by 4 mining companies.

The collusion required to control XRP ledger is now 8 companies and growing.

>> No.10770404

>>10770369
feel for you anon

>> No.10770441

Stellee failed with coins.ph . They are now ripples customer

>> No.10770461

>>10770394
>48% of nodes still controlled by Ripple
>Need 80% for majority attack
>implying this is still more decentralized than BTC, BCH, LTC, XMR, EOS, and ETH
learn to math

>> No.10770467
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10770467

>>10770441
yeah this was some funny shit


how long until IBM and Ripple announce??

>> No.10770489

>>10770316

Banks dont use XRP, they use the technology of ripple labs, whats somehow „open source“ .

the coin xrp wouldnt profit in anyway because if you say both arnt linked, whats important otherwise its a security , and will get banned from every exchange

>> No.10770500

>>10770461

21 nodes, of which 10 are controlled by Ripple Inc.

11 nodes not controlled by Ripple.

You need 80% of nodes to form an attack.

1 org - 10 nodes 48% of the network

80%-48% = 32% additionally needed to control network

1 node is 4.8% of the network
32%/4.8% = 7 nodes.

7 nodes = 7 organisations.

Ripple would need to collude with 7 other organisations on the default UNL to attack the network successfully.

The number of organisations needed for collusion is therefore 8.

This is twice as decentralized as bitcoin and eth where just 4 organisations can collude to attack the network.

Learn 2 math

>> No.10770547

>>10770369
xrp wasnt at 0.01$ in 2014 - remeber smth around 0.003$ bot not above 1cent$

>> No.10770552

>>10770500
>21 nodes, of which 10 are controlled by Ripple Inc.
So it's exactly like EOS, which also has 21 nodes and requires 80% for majority control but instead of each node belonging to an independent organization, it would be like if block.one owned 10 of the nodes. How the fuck is this MORE decentralized?

>> No.10770573

>>10770552
Because it's not proof of stake

>> No.10770582

>>10769996

>posting all mooning crying about people not liking XRP
>wahhh XLM is a meanie

Kys

>> No.10770591

>>10770573
That has nothing to do with how decentralized it is.

>> No.10770612

>>10770591
yes it does, even with 80% control of UNL you can't double spend on Ripple Consensus Protocol

>> No.10770637

>>10770612
That's because Ripple isn't even a real cryptocurrency and there's no reason for it to be on a blockchain.

>> No.10770682
File: 56 KB, 645x729, 1530495862334.png [View same] [iqdb] [saucenao] [google]
10770682

>>10770637
>Muh XRP isn't a real cryptocurrency

Come up with a definition of cryptocurrency that excludes XRP but doesn't exclude BTC and ETH.

Go on I'll wait

>> No.10770686
File: 56 KB, 480x640, smart investor.jpg [View same] [iqdb] [saucenao] [google]
10770686

Only have 5k right now . Hope I make it

>> No.10770688

>>10770612
no you can't lmfao

non-validating nodes wouldn't accept the double spend idiot

>> No.10770701

there are 308 validators right now and 14 owned by ripple
21 are in the recommended UNL
and 10 out of the 21 in the recommended UNL are owned by ripple, this doesn't mean that ripple controls 48% of the network since validators can change their own list of trusted validators "unl"

>>10770637
it is a cryptocurrency

>> No.10770728

If Brad Garlinghouse's words earlier this year were true about him declaring a number of banks actually using XRP, then I have reason to believe that the price will rise significantly. My advice to anyone on this board: Do the opposite of what /biz/ does. Contrarianism against unemployed autists vaping in their mom's basement masturbating to hentai wearing a MAGA hat is the best investment strategy here.

>> No.10770800
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10770800

When xrp is used by banks later this year come at me with your btc use cases lol.

> 1500 tx/s
> Fraction of a penny to send
> 4 second transaction speed
But bitcoin is better get a grip /biz or better yet don't and stay in your mum's basement jacking it to hentai

>> No.10770817

>>10770701

We aren’t guna buy your bags bro dump em before it’s too late

>> No.10770823

We ain't selling our bags bro

>> No.10770836

Name one crypto with better stats then xrp for speed security and decentralisation and usecase I'm waiting

>> No.10770856

>>10770728

no anon, let me tell you something.


You probably know that its discussed that XRP is a security !?

okay and you probably say that its not, okay well then if its not its completely independent from ripple labs

Banks will use the tech of ripple labs snd not XRP or XRP itself ( XRP wasnt more then a big fuckin tool to find the whole thing )
When banks adopt the ripple labs tech, crypto in general is fucked, because well they can do what we tried to do in a larger scale. If you can send fiat around the globe within a second like XRP, why the fuck anyone would use unstable private peer to peer coins for wtf sacke reason. ....

you just dont fuckin get it.

maybe now you get what you will destroy in supporting such projects with your money, the big ones will win again...
the sad end if crypto and private currencies

>> No.10770876

>>10770800
If it's so good why do you try to convince people instead of keeping quiet to make bank with your secret gold mine?

>> No.10770892
File: 1.38 MB, 2687x2319, 1530576021883.jpg [View same] [iqdb] [saucenao] [google]
10770892

>>10770856
old fud is old

do some research bucko nothing you've said is remotely true

>>10770876
good point, normies gtfo

>> No.10770899

Evolve or die natural selection the worlds cruel. Plus read the howey and silver hills test it's not a security

>> No.10770901

>>10770876
this. people only shill coins that they have no confidence in. I don't tell anyone what I'm holding and meanwhile i've tripled my stack in the past two weeks because it's a working product that not that many people are even aware of.

>> No.10770935
File: 685 KB, 900x609, NRYgrYU.png [View same] [iqdb] [saucenao] [google]
10770935

Ripple is creating convergence software every xcurrent and xvia customer will have xrapid integrated and xrp offered as a payment means. When the banks just have to choose an option to save 80% GG.

>> No.10770946

>>10770892

well it just looks like you did the wrong research:

https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985

>> No.10770962

Did you research yourself or just read an article
> People put things down when they feel threatened

>> No.10770967

retarded
banks aren't using XRP the coin, they're using the underlying technology with individual coins to transfer wealther among there other branches without paying the fees.
l2read faggot

>> No.10770979

>>10770946
You really need to stop listening to ancient debunked FUD anon

>> No.10770993

>>10770892

in addition read through this:

https://ripple.com/files/ripple_solutions_guide.pdf

to get an idea of what you are dealing with.

the public XRP ledger is not!
connected to banks through RippleNet or any other tech

>> No.10770996

>>10770967
Ok and when they do start using XRP later this year will you buy in at $10? Lmfao

>> No.10771004

>>10770993
ancient fud
we all know that ripple is building ripplenet and the endgame is that all money transfers settle using xrp

>> No.10771013
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10771013

>>10770876
>basement dwelling mcdolands slave virgins are going to drive up the price before I can invest more

holy shit this is what pajeeters and fudders actually believe here

>> No.10771208

>>10771013
Lmao

>> No.10771557

bump

>> No.10771833

Banks don't care about the price of xrp just that X money costs X xrp as it will be sold. A higher price means less need to be moved reducing volatility. A higher price is better for money transfers

>> No.10772536

>>10770461
False!

Only 21% of nodes are controlled by ripple

Stop lying Stop fudding

>> No.10772574

>>10772536
That's literally what the article said

>> No.10772614

>>10769996
I only see people argue that xrp is great because its better than bitcoin. Never see why xrp itself is good. It's just always this hatred and desire to beat bitcoin. It's like the entire xrp investment community is nothing but boomers who missed out on bitcoin and now wish to replicate it with xrp. It's nothing but seething jealousy.

>> No.10772672

>>10772614
BTC is good, XRP is better

what's hard to understand anon?

dial up was good, fiber is better

>> No.10772713

>>10772672
XRP is inflationary. It's not even comparable to Bitcoin.

>> No.10772774

>>10772713
it's deflationary brainlet


lmfao


how do you not know this

>> No.10772781

>>10772713
Bitcoin is inflationary like every PoW coin. As soon as the block rewards drop too low, miners will demand an increase to the 21 million cap.

In the meantime, the circulating supply of XRP is increasing more slowly than in BTC.

>> No.10772820
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10772820

>> No.10772838

>>10772781
> As soon as the block rewards drop too low, miners will demand an increase to the 21 million cap.
That's now how it works. The increased scarcity will increase the value of their rewards, so while they get fewer BTC as rewards, the value of said rewards increases.

>In the meantime, the circulating supply of XRP is increasing more slowly than in BTC.
But unlike BTC it will increase forever at the same rate. Just like fiat, if you hodl XRP your money simply evaporates. And unlike EOS and XLM (which is still a nigger coin) there is no way to hedge against that inflation.

>> No.10772858

JUST XMR

>> No.10772863

>>10772820
this

>> No.10772944

>>10772838
>That's now how it works. The increased scarcity will increase the value of their rewards, so while they get fewer BTC as rewards, the value of said rewards increases.
There is no guarantee the price continues to climb.

>But unlike BTC it will increase forever at the same rate. Just like fiat, if you hodl XRP your money simply evaporates. And unlike EOS and XLM (which is still a nigger coin) there is no way to hedge against that inflation.
There are only 100 million XRP in existence. Why would it increase beyond that? Unlike bitcoin, there is no incentive to remove the cap since no one is being paid block rewards.

>> No.10773000

BUY BUY BUY

>> No.10773688

>>10770935
t. the modern investor (youtube)

>> No.10773695

>>10773688
t. pa "poop hand" jeet

>> No.10773716

>>10769996
>Banks will start using it this year.
lmao which banks?

There's more banks with STELLAR than RIPPLE right now
get fucked

>> No.10773729

>>10773716
It's funny. Cryptocurrencies were invented specifically to stick it to the banks. Now we have you newfag moonbois dropping your pants and begging for them to stick their giant fat Jewish cocks up your asses while dreaming of eating their table scraps off the floor

>> No.10773732

10773695 (you)

>> No.10773752

>>10773716
this is one of the most ignorant things ive read in a LONG time

>> No.10773756

>>10773729
You're literally retarded if you think Stellar is the one bending over for banks.

I am just proving to the newfags who fall for the banking shitcoin that there's even more Banks currently working with Stellar and using the Stellar software than there is 'hypothetical banks and partnerships' that are using Cripple, as per the person I was replying to.

>> No.10773771

>>10773752
>the truth kills the cripplefag

>> No.10773773

>>10773716
kek, deluded stellar cuck

>> No.10773782
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10773782

>>10773716
how do you remember to breathe?

>> No.10773783

>>10773756
do you need me to get out the partnerships list? ripple is partnered with bank of england, bank of scotland, bank of australia, bank of thailand, deusthcbank, and dozens more.

what fucking banks is stellar partnered with? please name them

>> No.10773788

>>10773773
Lmao, name a bank that uses Cripple and i'll give you 2 banks that use Stellar

>> No.10773801

>>10773788
rppl.info
now name the banks cuck

>> No.10773810

>>10773783
partnership =/= usage of software you fucking brainlet

those banks are literally 'partnered' with the 'consulting' part of Ripple where they talk about blockchain, just like all the programs Ripple pays its salespeople to go to in order to be friendly to cities. Those are nothing but corporate meetings and nothing ever comes out of those

You brainlets are worse than TRON supporters with your worthless 'partnerships'

>> No.10773814

>>10773801
SBI

>> No.10773823

>>10773801
Actually name me the ones using cripple software you stupid faggot. EVEN I know you don't know which banks in that list are actually using it and just said they were 'partnered' up.
Do you even know what the partnership means? Explain to me exactly because I don't see them using Cripple software even though they partnered over a year ago

>> No.10773825

>>10773788
Stellar is a dead end. Banks will test anything due to the blockchain hype, but they will never issue their assets and trade on a public ledger at scale. Ripple abandoned this approach years ago for a reason. Stellar has done absolutely nothing to address problems of privacy and scalability. Gaining enough adoption to create a network with real utility is also a massive problem. Don't even get me started on the scammer-in-chief named Jed.

>> No.10773832

>>10773814
SBI is a board of banks
Which banks use Cripple?

Holy shit you guys are idiots

>> No.10773846
File: 16 KB, 424x243, xrp.jpg [View same] [iqdb] [saucenao] [google]
10773846

I'll see your 10K XRP and raise you 28K more.

>> No.10773855

>>10773823
still waiting for you to name the banks, bud. i pulled up the stellar partnership lists. theres maybe 4 (thats stretching it) .

>> No.10773862

>>10773823
just look at xvia and xrapid labels
you still didnt named any bank using stellar

>> No.10773866

>>10773756
They're already bending over for shitskin Muslims, why not banks too?

>> No.10773870

>>10773825
>Stellar has done absolutely nothing to address problems of privacy and scalability.
How retarded are you?
They'll have lightning network up by the end of the year and by then everything is going on Stellar

How has Ripple tackled all these problems exactly as well? Because it's not like Ripple solved anything lmao, and Stellar is the only one with the roadmap about to be finished in 4 months

>>10773801
>>10773814
Here ill give you a handful of banks not bullshit partnered up but actually using it
This is from 1 project btw
>https://www.lumenauts.com/blog/how-the-partnership-between-ibm-and-stellar-works

>> No.10773876

>>10770547
he said below $0.01 you stupid fucking mongoloid

>> No.10773885

>>10773866
>Being the first sharia-law compliance Crypto out of all the other shitcoins means they're bending over for shitskin muslims

seems like someone is jealous their own shitcoin didn't get Sharia-law approved

>>10773855
You still didn't name the banks that are using Cripple software
BUT OK LMAO, go and name 1000 banks that are 'partnered up' with Ripple but don't even use it

You brainlets are so cheap and stupid you fall for anything your kike CEO does.

>> No.10773894

>>10773885
>seems like someone is jealous their own shitcoin didn't get Sharia-law approved
yeah I'm real fucking jealous that my project's leadership aren't sucking Muslim cock. You XLM faggots are the most delusional pieces of shit on this board.

>> No.10773920

>>10773894
>yeah at least my CEO sucks the BANK's cocks and pays them money to sign bullshit partnership papers and pump all the normies on Twitter
>unlike your stupid coin that sucks MUSLIM cock

lmao
I forgot, you're all the dumbass normies who fell for the banking pump and dump coin

>> No.10773939

>>10773855
>>10773862

So I guess more banks legitimately use Stellar than Ripple
thanks for confirming with your silence.

>> No.10773948
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10773948

>>10773870
lol because xrp's infinitely scalable lightning network is already developed more than a year ago?
>braging about things that your competitor already archieved
>https://www.lumenauts.com/blog/how-the-partnership-between-ibm-and-stellar-works
kek
“VERY VERY CLOSE” to helping a central bank issue fiat currency on the Stellar network.
>not even a finished project
top fucking kek

>> No.10773950
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10773950

>>10773939
if you say so

>> No.10773959

>>10773920
I don't hold XRP either you dumb fuck. Both XLM and XRP are absolute shitcoins

>> No.10773967

>>10773948
and still didn't mention any bank using stellar

>> No.10773975

>>10773948
Central Bank is the final end game you absolute retard

Thanks for ignoring the fact that simple banks and remittance corporations use Stellar software more than Cripple software
Literally the number speaks for itself

I'll let you idiots cry over the facts now

>> No.10773993

>>10773967
I guess you really are a brainlet, here i'll paste it for you

>IBM’s Universal Payment Solution
>In partnership with SDF and currency exchange KlickEx, IBM provides members of Advanced Pacific Financial Infrastructure for Inclusion (APFII) “payment initiation, compliance verification, foreign exchange and settlement” 4 as real-time, cascading steps for each transaction.
>IBM’s bank partners for the Universal Payment Solution include: Banco Bilbao Vizcaya Argentaria, Bank Danamon Indonesia, Bank Mandiri, Bank Negara Indonesia, Bank Permata, Bank Rakyat Indonesia, Kasikornbank Thailand, Mizuho Financial Group, National Australia Bank, Rizal Commercial Banking Corp. (RCBC) Philippines, Sumitomo Mitsui Financial Group, TD Bank, Wizdraw (HK) of WorldCom Finance

>> No.10774005

>>10773993
And none of that uses XLM

>> No.10774018

>>10774005
https://www.lumenauts.com/blog/how-the-partnership-between-ibm-and-stellar-works

>how-the-partnership-between-ibm-and-stellar-works
You should read the article bud

>> No.10774041
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10774041

>1 project
>already more banks with Stellar than Cripple

>> No.10774043

>>10773993
kek, no one of these are using stellar
they are tring to issue a dollar backed currency in the stellar network, so basically become gateways
xrp has gateways since 2013 and anyone can trade xrp for usd in the xrp decentralized exchange, you are not archieving anything new

>> No.10774051

>>10773870
>How retarded are you?
>They'll have lightning network up by the end of the year and by then everything is going on Stellar

What are they going to do, copy PayChan from XRP? Will Stellar ever come up with something of their own?

>How has Ripple tackled all these problems exactly as well? Because it's not like Ripple solved anything lmao, and Stellar is the only one with the roadmap about to be finished in 4 months

They've solved it by building the modern payment network that banks currently need (Ripplenet) that has none of those drawbacks. Transactions remain private, scalability is unlimited, and it is focused on interoperability. Banks maintain their existing ledgers, and only have to connect into Ripplenet to be able to send payments to any other member.

And it is being built from the ground up to settle payments through a digital asset when banks are ready and/or the liquidity exists to do so.

>> No.10774057

>>10774018
No liquidity one dubious partnership

I hope you like being scammed

>> No.10774063

>>10774043
>the guy who didn't read it twice is assuming it wrong for the third time
Cripple intelligence, everyone.
It really does drop your IQ down, 95% from ATH

>> No.10774069

>>10774063
kek, they are going to use their usd backed currency to do transfers you retard, they are not going to buy any xlm

>> No.10774091

>>10774051
> Will Stellar ever come up with something of their own?
You say that when the creators of Ripple literally copied everything and then tried to get rid of the founders.
Stellar only solves issues Cripple could never do because of it's fixed security, for-profit status

>> No.10774095

>>10769996
ya dumbass. stellar is the only good one.

and link is best boi kk

>> No.10774100

>>10774069
>They're not going to BUY any XLM
>but they're going to essentially utilize the Stellar Network which uses XLM as a bridge asset
>I mean shit there's more banks using actual Stellar software than cripple software right now
95% intellect drop from ATH

>> No.10774102

>>10774095
So delluded

>> No.10774115

>>10774100
You XLM fags are desperate

Jed scammed you just like he’s scammed everyone he’s ever worked with

>> No.10774125

>>10774091
You seem very confused. Stellar was initially a copy/paste of Ripple. Jed then modified the consensus protocol which resulted in an unintentional fork. He finally brought in help to fix his fuckup and now we have xlm.

>> No.10774130
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10774130

I'll just leave this here

>> No.10774131

>>10774091
lol the founder of stellar ragequited ripple to found stellar and has been strugling since to make something that can compete and stay relevant
>but they're going to essentially utilize the Stellar Network which uses XLM as a bridge asset
they are going to issue a usd pegged crypto and use that liquidity to move their usd safely without exposing themselves to stellar

>> No.10774137

>>10774115
I feel pretty sad for you guys really. I mean im not even trying to spread FUD
This is real fact that you all should have known long ago. But clearly no one listened or was too greedy for their own gains

I'm glad you hopefully learnt your lesson to not trust scammers in the crypto world

>Jed scammed you just like he’s scammed everyone he’s ever worked with
Oh how I feel bad for the amount of FUD and propaganda you have swallowed to come to that conclusion

Oh well, see you on the FOMO train!

>> No.10774154

>>10774131
>they're going to use a pegged usd crypto WITHOUT TOUCHING THE STELLAR SOFTWARE
lmao do you even have any braincells left?

>> No.10774169

>>10774154
kek of course they are going to touch the stellar software but not going to use the xlm token

>> No.10774181

>>10774125
>get kicked out from bottom because of douchebag board of directors
>try to make your own ledger on the Cripple ledger
>too bad Cripple is centralized, try again Jed
>Jed gets frustrated because of the centralized shitcoin that swallowed the for-profit company and goes onto make Stellar to solve the world's problems with caring for self-gain

oh how sad you cripplefags truly are
I truly hope those kikes at Ripple can pump again
But will you idiots sell before you get dumped? Who knows

>> No.10774197

>>10774169
kek

95% intellect drop from ATH, everyone

>> No.10774200

>>10774137
>I mean im not even trying to spread FUD
That's even worse, because it means you're being stupid not out of interest but out of candid sincerity

>> No.10774201

>>10774181
Spin harder brainlet

>> No.10774212

>>10774201
>the truth hurts the baghodler
The nips ran off with your profit m8, come to terms already

>> No.10774219

>>10774181
Jed left Cripple because they kicked his incompetent girlfriend out. Guess who he co-founded Stellar with?

>> No.10774228

>>10774181
>actually believing this

How do you function inrl

Do you sponanetously eat rocks and drink gasoline in the hole where your head should be?

>> No.10774232
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10774232

>>10774181
this is the real story of how stellar founder got greedy and left ripple to create stellar
http://observer.com/2015/02/the-race-to-replace-bitcoin/
kek, stellar is highly centralized check pic
gtfo with your bullshit this is a xrp thread, dont come here to shill your shitcoin, xrp copy wanna-be
>23 posts by this id
you are getting rekt and desperate

>> No.10774262

>>10774228
He doesn't believe it. It's not possible to be that stupid and still form complete sentences. He just makes up more shit every time he gets corrected.