/biz/ - Business & Finance

[Anonymous No.11167126]

Who's loading up on XRP during this dip?

[Anonymous No.11167132]

I'll wait until after the slow bleed out that now will happen

[Anonymous No.11167135]

buy order at 20 sats ready for the dip

[Anonymous No.11167139]

>>11167126
>>11167132
i dont think 49 cents is the right time to be loading up on xrp bags. probably below 40 cents

[Anonymous No.11167176]

>>11167139
I was thinking anything below 6800 sats is a good buy

[Anonymous No.11167194]

$.50 is a pretty hard psychological floor. If it breaks through .47-.48 its just going to bleed.

I personally bought at .52 and i'm just going to hold like a dummy. Whatever though I really stopped caring sometime earlier this year.

[Anonymous No.11167198]

>>11167176
possibly, unless it goes below 40 cents then youre getting crushed. i think 6800 sats is roughly 46 cents.

[Anonymous No.11167204]

>>11167194
>Whatever though I really stopped caring sometime earlier this year.

[Anonymous No.11167221]

>>11167194
Your thinking may be right. Hmmm. I'm still deciding.

>>11167198
Yes, around 45 cents I believe.

[Anonymous No.11167230]

>>11167221
seems to be holding the 50 cent barrier but i was watching it all of today and it was holding 58-60 cents. im honestly wondering if 50 is the real floor or if this is going back below 40 again

[Anonymous No.11167247]

>dip

[Anonymous No.11167329]

damn had a little action there for a sec

[Anonymous No.11167357]

>>11167329
Pretty big spot here...

if the downtrend continues though it's not going to stop anytime soon.

[Anonymous No.11167363]

>>11167247
Yes, what's the problem?

[Anonymous No.11167387]

>>11167357
looking at time, 30 minute, and 1 hour charts on binance it looks like 50-51 is the bottom but thats just my personal analysis

[Anonymous No.11167425]

>>11167357
>>11167363
im thinking of picking up rn at 7500-7560 sats and setting a tight stop loss maybe 7400 sats

[Anonymous No.11167431]

i will wait for 2 cents or lower and not buy this crap since its going to zero lol..

[Anonymous No.11167441]

>>11167431
how is a 20.5 billion MC coin going to zero

[Anonymous No.11167445]

XRP had 4 billion in 24h volume. Almost double that of ethereum.

[Anonymous No.11167456]

You guys need to stop playing make-believe day traders and zoom out to the daily. Last two times the MACD crossed this hard with this volume on the daily XRP went on a 20 day tear.

Couple days of draw down, sideways action before next leg up in XRP/BTC heading into Swell.

[Anonymous No.11167470]

>>11167425
A stop-loss that tight in crypto is pointless. It'll get hit. You're suggesting you can call the perfect entry, which you can't.

Also if you need a stop-loss that tight then you've committed to the trade. a 5% stop-loss should cover you if you have proper risk management

[Anonymous No.11167475]

>>11167456
so youre saying its worth buying rn around 50-51 and holding through the next couple days?

[Anonymous No.11167504]

>>11167470
ok thank you for the actually useful thoughts and input

[Anonymous No.11167513]

>>11167475
Yes. I expect this rally to continue into October. This is a hype rally off swell and Xrapid production rumors.
The charts, dates and news all line up for this. If you want in, now is the time and expect a dip as low as 7100 before the next leg up in a few day.

in USD terms i think it will continue well into the end of the year.

[Anonymous No.11167536]

>>11167445

do you know what "painting the tape" is?

90% you fags buying/trading this shit coin have no idea that it's the oldest trick in the book on wall street.

the price action on this thing makes it so damn obvious.

[Anonymous No.11167538]

>>11167513
I agree with this sentiment.

[Anonymous No.11167553]

>>11167513
awesome thank you anon.

[Anonymous No.11167579]

>>11167513
I'm optimistic iv'e just gotten so numb to even "sure" things taking a turn for the worse in 2018. It's been a really tiring year.

[Anonymous No.11167635]

>>11167579
good luck anon. i hope you get a nice surprise to make up for your tiring year

[Anonymous No.11167666]

>>11167579
Tell me about it! I feel the same

[Anonymous No.11167784]

Biz and pol are 100% NPC's

[Anonymous No.11167817]

>>11167194
>$.50 is a pretty hard psychological floor. If it breaks through .47-.48 its just going to bleed.

wrong it's a falling wedge on the 5m it's going to rebound

[Anonymous No.11167822]

>>11167536
>do you know what "painting the tape" is?
you moron the vast majority of the trading was with fiat pairs

most likely an xrapid production test

[Anonymous No.11167827]

>>11167126
> Who's loading up on XRP
retards that missed the pump

[Anonymous No.11167845]

>>11167822

are you fucking retarded.

painting the tape can happen on fiat pairs you brainlet.

[Anonymous No.11167850]

>>11167822
>most likely an xrapid production test
DELUSIONAL

[Anonymous No.11167851]

Yes goys, buy more (((XRP)))

[Anonymous No.11167860]

>>11167822

>most likely an xrapid production test

you can't be this retarded. xrapid tests would be facilitated on internal banking systems non secondary markets like exchanges..

you are dumbest moron on here.

NOT GOING MAKE IT

[Anonymous No.11167922]

>>11167845
explain how 4 billion USD was done by painting the tape

[Anonymous No.11167936]

>>11167827
I made pic related thread 3 days ago but I'm still thinking about buying more.

[Anonymous No.11167944]

>>11167860
You Cleary don’t understand how xRapid works

It’s literally a secondary exchange coordination service

[Anonymous No.11167949]

>>11167936
Well then you're retarded and mistook xrp pnd for a moonshot. Keep buying this trash, everyone smart enough knows where money are going next. Good luck holding it to 4000 sats though.

[Anonymous No.11167959]

>>11167944

this is true. this guy fucks.

[Anonymous No.11167964]

>>11167949
I guess 3x'ing your money in 3 days is retarded.

[Anonymous No.11167969]

>>11167964
present me your orders

[Anonymous No.11167971]

>>11167949
oh gotcha, 4 billion USD just out of nowhere pnd XRP?

[Anonymous No.11167991]

Big money to be made on ripple. Starts 4th of October.

[Anonymous No.11167993]

>>11167971
Nigger, I've seen xrp pnds more times than you've been on /biz/, this wasn't even a big one.
>>11167964
Also show me your longs, because you totally knew, amarite?

[Anonymous No.11167997]

>>11167126
You are the dumb money.

[Anonymous No.11168008]

>>11167969
I showed you proof that I created a thread about buying XRP. Why would I want to show a random anon how much money I made? That would be idiotic.

[Anonymous No.11168011]

>>11167991
why such a specific date?
>>11167993
im genuinely curious though. if this was a pnd, why is it not already below 40 cents?

[Anonymous No.11168024]

>>11167944

Xrapid is a messaging system for nostro accounts between banks you moron. this has noting to do with secondary markets and exchanges like binance or other popular crypto currency exchanges.

the people buying this shit are dumb as they come because you can't even use the damn fucking token with the banks..

its a Business to business model.

so why this shit coin is on the SECONDARY markets is beyond me.

[Anonymous No.11168030]

>>11168008
k, you're dumb money
>>11168011
Because delusional bagholders that bought at 10k and got rekt immidiately still hope it will go up and don't sell. Bagholder mentality at its finest.

[Anonymous No.11168034]

>>11168030
Nice try, IRS.

[Anonymous No.11168039]

>>11168011
Just keep an eye on 4th. Can't tell anything else.

[Anonymous No.11168045]

>>11168024
You’re actually retarded

xCurrent is the messaging service

xRapid is an on demand liquidity product that sources liquidity from local and foreign exchanges using XRP as a bridge currency. It is enabled by flipping a setting in xCurrent.

[Anonymous No.11168048]

>>11167456
>Couple days of draw down, sideways action before next leg up in XRP/BTC heading into Swell
This. Swell is oct 1 so hype and pump with that. Plus xrp always moves in stair formations. Big vertical jump then sideways for several days.

[Anonymous No.11168049]

>>11168011
It's not a pump n dump. That guy is salty because he missed an easy 3x

[Anonymous No.11168057]

>>11168030
You look nervous lad. Go have a wank.

[Anonymous No.11168065]

>>11168011

if you don't know what painting the tape is.. i suggest you go look it up right away.

something with regular rational market participants won't big up an asset from 24 cents to 80 cents in less than an hour.

someone or some group of people are painting the tape to get suckers to jump in as they off load their bags. oldest trick on wall street. but in crypto this tactic is rampant because its not regulated what-so-ever.

[Anonymous No.11168085]

>>11167513
aight put in offer for 7100

[Anonymous No.11168094]

>>11168045

it's a liquidity service BETWEEN BANKS you fucking moron... not exchanges.

you really think banks are going to use secondary market prices in speculative market with extreme volatility..

do you even know why banks have nostro accounts? its to hedge againts the currency risk in the foreign denominations of that bank account they own in the foreign country..

you have obviously haven no fucking idea what nostro accounts are and why they are used.

and the liquidity would be from OVER THE COUNTER in their internal networks. not secondary markets with retail speculators.

[Anonymous No.11168095]

>>11168065
>24 to 80 cents in one hour

This is incredibly wrong, a lie, and just plain salty FUD. XRP opened at 45 cents today. It hasn't been lower than 25 cents since November 2017.

You will FOMO in by EOM.

[Anonymous No.11168109]

>>11168094
What confusion of ideas leads you to believe that you can source liquidity on demand in seconds OTC

Fuck me the FUD gets worse everyday. Follow joelkatz on twitter and listen to what he says. xRapid coordinates the purchase of XRP from local exchange at one end and the sale of the same at the foreign exchange then xCurrent coordinates the movement of fiat

[Anonymous No.11168120]

>>11168095

whether it be 1 hour or 4 hours..

rational market participants won't bid an asset from 21 cents to 80 cents then sell it off immediately.. painting the tape in this case is blatantly obvious

wtf are you saying about "opened up" at 45 cents today.


this shit is traded 24/7 365.

[Anonymous No.11168138]

>>11168120
>Rational market participants

Anon I...

[Anonymous No.11168141]

>>11168109

OTC is for INSTITUTIONAL buyers where prices are normally pre-negotiated or fixed for whitel-listed buyers.. I work at a bank. if you think banks are going to be buying XRP from speculators hahahaha dude think again delusional brainlet

[Anonymous No.11168145]

>>11168120
i think the sell off at 80 cents was people taking profit. but its not like its going to be the last you ever see of xrp moonshotting. the other people have already stated reasons so im not going to but i think you are being unnecessarily doomsayer.

[Anonymous No.11168152]

>>11168141
youre probably the janitor. xrp is an investment medium.

[Anonymous No.11168164]

>>11168024
>beyond me

Wrong, you are describing xCurrent. It seems like most things would be beyond you.

[Anonymous No.11168168]

>>11168145

this thing going to 80 cents in less than 24 hours is because TWO large players are buying and selling to each other to artificially increase the volume..

traders see volume spike. they jump price goes up.

both participants dump there bags.

thats how it goes from 21 to 80 cents and back down to 40 with a a lot of dellusional bag holders.

i work on wall street for a major bank and the fact that you normies don't realize this is quite pathetic and hilarious quite honestly

[Anonymous No.11168181]

>>11168164

the fact that you don't realize that banks have ZERO incentive to use Xrapid over Xcurrent is obviously beyond you.

they both do the samething. they don't need the damn fucking xrp to settle their payments of fiat currencies they hold.

they could skip all that bullshit cuz they have no interest in XRP.

[Anonymous No.11168186]

>>11168141
What’s your average settlement time on an OTC buy you fucking retard?

Is it 4 seconds? Because that’s the settlement time on xRapid

How dumb are you exactly? Do you fetch the coffee at your work?

Pick up the phone to Ripple right now and ask them how xRapid works then kill yourself in shame for being this retarded

[Anonymous No.11168190]

>>11168186

they OTC markets for crypto currencies you dumb fuck

[Anonymous No.11168194]

fukn moon it m8s

[Anonymous No.11168195]

>>11168181
Except that they don’t need prefunded Nostro accounts so they can put that capital to work?

Did you actually go to school or did your daddy get you a job in the mail room?

[Anonymous No.11168202]

>>11168186

okay give me a list of exchanges Ripple Labs have official partnerships with

for this so called liquidity service.

bet you can't name one.

go kill yourself

[Anonymous No.11168208]

>>11168190
You cannot fucking use OTC markets to settle in seconds you complete and utter retard

[Anonymous No.11168211]

>>11168202
Sure here you go brainlet

https://www.coindesk.com/ripple-endorses-preferred-crypto-exchanges-for-xrp-payments/

[Anonymous No.11168219]

>>11168195

hahah i work for JP Morgan and they don't give a shit about shit shit coin or their message network..

for the largest US bank not to give a shit about this garbage should tell your something about this PND shitcoin.

[Anonymous No.11168226]

>>11168168
>i work on wall street for a major bank
most pathetic larp ever. kys

[Anonymous No.11168236]

>>11168226

i can give you my broker CRD if you want me to email it to you..

form there you can look me up on FINRA and the SEC website.

[Anonymous No.11168239]

>>11168219
"yes guys i work for JP Morgan really i do"

[Anonymous No.11168243]

>>11167126
Lol one pump and dump and now all the newfags want to "accumulate" fucking xrp topkek

[Anonymous No.11168252]

>>11168236
if youre really a broker for JPM then that just confirms that youre full of fucking shit. literally kys. go back to investing for geriatrics.

[Anonymous No.11168264]

>>11168236
fyi the price on xrp just swung from 50 cents to almost 57. fuck off JPM geriatric investor.

[Anonymous No.11168291]

>>11168219
>my dad works at Nintendo

Id you really work at JP Morgan can you prove it? I want to short their share price if so

[Anonymous No.11168316]

>>11168219
Most nostro accounts are held with a handful of large US banks. Of course they’re not adopting because Ripple is literally the competion. Your bank benefits most from the current situation where small banks have large balances with your bank.

But laugh it up. You’re a newspaper and here comes the internet in 1999

[Anonymous No.11168397]

>>11168120
I mean at 12 midnight (00:00) EDT. I did say opened "today" just so we have a frame of reference. I know how crypto works, dumbass. I don't get why you're so mad?

[Anonymous No.11168417]

>>11168219
It's already gone up almost 20% while you sat arguing. You could've made money instead of bitching about how you know everything.

[Anonymous No.11168427]

>>11167538
>>11168085

Good job. I'm at the footy watching my team book its gf spot now so diff IP address but enjoy your gains

[Anonymous No.11168475]

>>11168219

hahaha GO FUCKING KILL YOURSELF

[Anonymous No.11168482]

>>11168475
great. you confirmed that youre full of shit and that you invest for geriatrics in newspaper era stocks.

now go look at XRP rn and kys.

[Anonymous No.11168483]

>>11168475

seasoned investment professional here.

don't buy XRP that shit is a PND piece of shit.

the faggots at ripple labs are painting the tape with this trash. stay away.

[Anonymous No.11168495]

>>11168483
you samefagged yourself you moron

also who gives a shit if theyre painting the tape. YOU CAN STILL MAKE PROFIT. holy shit you must be the absolute worst broker ever

[Anonymous No.11168498]

>>11168482

lol i made a fuck ton in cardano. and bitcoin. XRP is still trash.

big banks dont give a shit about ripple labs and i'm insider proof of it.

like i said go kill yourself

[Anonymous No.11168507]

>>11168498
and youre missing out on gains with XRP. a good broker doesnt give up an opportunity to get gains. youre a shit broker. kys

[Anonymous No.11168513]

>>11168495

i dont get clients into vehicles that are commiting rampant fraud. you don't see this same price action on other shit coins.

this one by far is the worst.

my clients have too much money to get in and out of this bullshit.

only faggot like you playing with 2,000 at most maybe.

enjoy playing with your peanuts

[Anonymous No.11168520]

>>11168498
I agree it's trash. They wouldnt argue with you 2 days ago. They are just having retard dopamine hits.

[Anonymous No.11168523]

>>11168507

COPE.

i make big bucks.. you live in your parents basement.

[Anonymous No.11168546]

>>11168523
ok edward rodriguez

[Anonymous No.11168571]

how can i buy this coin sirs ?

[Anonymous No.11168601]

>>11168513
>vehicles that are commiting rampant fraud
libeling Ripple this way is a good way to lose your job and be sued anon

[Anonymous No.11168654]

>>11167456
yea this is gunner big

[Anonymous No.11168690]

>>11168417
niceeeee

[Anonymous No.11169183]

>>11168475
You proved us wrong... Could be your dad's shit

[Anonymous No.11169188]

how do I short this garbage?

[Anonymous No.11169195]

>>11169188
1. Bitmex
2. Lose your money

[Anonymous No.11169202]

>>11168475
Oops, forgot to include the link: https://www.rosedaledrapala.com/financial-advisors/new-jersey/kendall-park-nj/1557972/jp-morgan-securities-llc/edward-m-rodriguez

[Anonymous No.11169253]

>>11168546
For a hotshot "investment banker", he's not the brightest lol. Why he decided to redact in that way is ridiculously nonsensical.

[Anonymous No.11169363]

guys can someone help understand

what is xcurrent

is xrp needed to move traditional fiat currency pairs or us xcurrent sufficient?

[Anonymous No.11169372]

>>11169363
xCurrent is a bank messaging service, doesn't require XRP to work. xRapid is the product that uses XRP.

[Anonymous No.11169393]

>>11169372

thanks for that info, so can banks use this xcurrent and move dollars and euros without XRP token?

why are people buying up XRP crypto currency?

[Anonymous No.11169440]

>>11169393
>thanks for that info, so can banks use this xcurrent and move dollars and euros without XRP token?
Yes.
>why are people buying up XRP crypto currency?
xRapid is going live any day now and banks will start using it.

[Anonymous No.11169457]

got it thanks! how will banks benefit from Xrapid rather than using Xcurrent?

is there a reason for cost incentive for themto use one or the latter

[Anonymous No.11169482]

>>11167579
At least you aren't holding some fcking dead ALTs pos>100

aaaaaa

[Anonymous No.11169536]

>>11168181
Dude... just stop... you're coming across as a huge retarded faggot. So cringey.

[Anonymous No.11169560]

>>11169536
i would also like to know how banks could benefit moar from using xrapid vs. xcurrent

[Anonymous No.11169563]

>>11168475
>NJ
>Off yourself.
t.new yorker

[Anonymous No.11169689]

>>11168181
>>11169560
xCurrent helps them manage their nostro accounts better which saves them money

but they still need nostro holdings which tie up $27T worth of capital worldwide

Instead of holding billions of dollars in prefunded nostro accounts the banks can instead source liquidity on demand using xRapid and put their money to work instead of letting it sit in nostro accounts at JP Morgan

[Anonymous No.11170408]

XRP is still on the rise, boys. There's still time to jump in before the big xRapid announcement!

[Anonymous No.11170435]

>>11167139

Its more likely that it will again bleed out to approx 25cent.

If BTC breaks its support and decline to 3-4k$ we will see XRP sub 20c

[Anonymous No.11170454]

>>11167536
This
The (((Ripple Team))) just pulled off their exit scam pump + dump. Don't be a bagholder.

[Anonymous No.11170897]

>>11168475
kek
that is just a contact card anon, you are larping hard

[Anonymous No.11170905]

>>11167126
>dip

I hope you are buying everything you can.

[Anonymous No.11170941]

>>11170435

In the short term Ripple is not going to rely on Bitcoin.

XRP probably will pump with xRapid expectations in Q4. Then it'll dump when moonboys realize that nobody is using xRapid.

[Anonymous No.11171160]

>>11170941
i think your going to be a little surprised when its revealed who all is and will be using xrapid.

[Anonymous No.11171340]

you can shill your kikecoin all you want but all i know is if you're not in eth right now you're making a grave mistake

[Anonymous No.11172105]

>>11171160
This guy gets it.

[Anonymous No.11172129]

>>11172105
this is not fucking reddit, go back fucktards
go fucking back niggers you don't belong and its painfully showing go the fuck >>>/out/ reeeeeeeee

[Anonymous No.11172869]

It pumped, blow off top, super tank followed and it will bleed back down.

join here discord (dot) gg (slash) tebwEwv

but don't join if you fell for the pump and are a bagholder

[Anonymous No.11173026]

So much salt. Obvious repeating pattern here bears will be absolutely rekt when this shoots above a dollar this week

[Anonymous No.11173313]

Probably the same people who loaded up on this last holo "dip"

[Anonymous No.11173373]

>>11172129
Wtf are you blabbing about? Such a fucking dork. Personification of a typical douchebag 4channer.

[Anonymous No.11173378]

>>11169202

LOL ANON FUCKED UP SO HARD.

He was so butthurt about people doubting him he exposed himself lmao. How could he be dumb enough to reveal r AND z , that’s always either Rodriguez or Ramirez.


Absolute kek. I do agree with him on XRP tho.

[Anonymous No.11173477]

>>11173378
I know right. He had to prove himself so badly to a bunch of randoms on the internet.

[Anonymous No.11173491]

>>11167126
i am, just average in

[Anonymous No.11173544]

>>11170897

[Anonymous No.11173724]

So how do we find his boss and send him this thread ? LinkedIn ? Twitter?

[Anonymous No.11173769]

edward finna get dabbed on

[Anonymous No.11173795]

>>11173724
I'm sure someone already has but you guys should leave him alone. We all know Ripple is for fags and hes trying to warn us of it. If we want to keep insiders coming here we shouldnt try and out 4channers

[Anonymous No.11173813]

sure as hell not buying anybodys 80cent bags

im riding ETH to 500$

[edward No.11173831]

>>11173795
Fellow 4channer edward here. On my phone now just wanted to pop in and say JP morgan is run by a bunch of kike faggots, my boss is a retarded asshole and my clients can all suck my fat dick.

[Anonymous No.11173894]

Xrp will be made useless by chainlink and swift.

[Anonymous No.11173903]

>>11173795
Nice try, Edward.

I think we learned a valuable life lesson here: Don't be an asshole to people and don't ever think you're better than anybody by talking down to them.

[Anonymous No.11174125]

>>11173894
Can you even imagine this level of coping?

Honestly pathetic

[Anonymous No.11174217]

Now that Edward has shown the world he is incompetent to do his job let’s end with a gentle reminder that small and medium banks who are currently cucked by the status quo will indeed use xRapid to avoid the need of locking trillions of dollars in prefunded Nostro accounts with the likes of old eddy here.

[Anonymous No.11174273]

>>11173894
Pretty much. XRP has no long term future.

[Anonymous No.11174548]

>>11173894
Mind explaining how? People keep repeating this, but as far as I can tell the odds are about the same as chainlink making blockbuster competitive again.