/biz/ - Business & Finance

[Anonymous No.13617614]

Just market bought 20k Ripple XRP for like $.31 cents USD each, like how fucked am I /biz/?

[Anonymous No.13617660]

>>13617614
if you market sell 15k you are fine

[Anonymous No.13617665]

you're fine

It will explode soon

[Anonymous No.13617684]

>>13617614
>how fucked am I /biz/?
no whale or pump group is daring to pump xrp because Ripple corp flooding the market with cheap xrp.

why would they?

everytime they try to pump it, it gets sold massively into regardless of how low the price is due to a close to unlimited supply of coins Ripple and the founders have.

Anyone trying to pump xrp is just helping make them richer while price stays the same.
look at ltc, its x 5 from its bottom, and fundamentally doesn't stand a chance against the use-case of xrp.

eth almost tripled,

even bch performed far better.

[Anonymous No.13617703]

>>13617614
That chart makes ripple seem overvalued as fuck. 1/7th the marketcap of visa. xrp: doesnt do one fucking thing. visa: everyone uses it everyday

[Anonymous No.13617720]

>>13617684
>trying to compare LTC fundamentally
Hope on the train or get left behind nigger

[Anonymous No.13617731]

>>13617684
I hope you die poor or FOMO in at $50+

[Anonymous No.13617749]

>>13617731
It's good that they dump some, how else would the company and XRP usage expand?

[Anonymous No.13617787]

>>13617749
you have to ask who is buying these huge sums, they arent just getting rid of it, someone is buying millions of xrp in bulk

[Anonymous No.13617802]

You’ll make it anon. Don’t listen to the fudders cuz it’s all nonsense.

Now is the time to buy. Normie mentality is because it is not performing well and at local ATL in sats it will go to 0. Just like don’t buy BTC at 3k....stupid af

[Anonymous No.13618854]

So this coin is the fastest and the cheapest Tx fees. How are sharding efforts going. Is Vittalik Butterin correct that ETH could reach 1 mil TPS someday?

I also picked this coin because it had flippened with ETH before for second place.

[Anonymous No.13618893]

>>13618854
>Is Vittalik Butterin correct that ETH could reach 1 mil TPS someday?
>someday
Lookin @ OMG, ETH is about as scalable as BTC!

[Anonymous No.13619046]

>>13617731
42.1 billion outstanding supply.
0.7 billion released in a quarter
6,7% annual inflation

Literally one of the lowest rates of inflation of all coins except bitcoin
>Oh noes, the massive bags are endlessly coming!

[Anonymous No.13619903]

>>13617731
they release one billion per month. they returned almost all of those from the first quarter to their escrow. ripple selling anything less than one billion per month relegates it to shit coin status. didn't you see jew schwartz dumping his stack? you're a pleb

[Anonymous No.13619945]

>>13617614
>like how fucked am I /biz/?
As I suspected, only dumb roasties buy XRP

[Anonymous No.13619950]

>>13617614
1.Increase block size to 1.0 TB (!)
According to this ambitious goal, nChain partnered with Teranode project to work on BSV scalability. It is said that Bitcoin SV blockchain will handle 6.5 million transactions a second in the future.

Bitcoin SV as a backbone for the global financial world
According to Craig Wright their goal is to gain the speed of transaction processing that would overtake the existing centralized systems such as Visa, Mastercard, and Paypal. Even though they are not performing as good as they were in the very start, by achieving those goals they can get all chances to provide sustainable growth on the market, which might also be driven by the potential interest from large institutional investors

[Anonymous No.13620081]

>>13617802
Based