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/biz/ - Business & Finance


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17156649 No.17156649 [Reply] [Original]

This is the ODL. look at how scarce the transactions are. Hourly sub $50,000 transactions.

in about a month, the frequency and volume of ODL will be 4x. The more ODL there is the more XRP has to be avaliable on the market. The less XRP there is on the market for ODL, the higher the price has to be

>> No.17157154
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17157154

So for a xrptard like myself, what is it that your speculating? Expected increase in volume = increase in value and essentially mooning?

Please elaborate, you have peaked my interest.

>> No.17157247

>>17157154
ODL works like by creating a system for banks that lets them instantly buy and sell XRP ON THE MARKET instantanously. There is no other coin in crypto that can do this except XRP, because if something lik RLC tried to have ODL right now, the market price would jump 50% on its first buy order.

notice in the graph how a $20,000 worth of XRP ODL was transferredm Thats about 60,000 XRP. 60,000 XRP had to be free on the market for this ODL to happen. Imagibe if there were 5x those same $20,000 going on at the same time. That would be 300,000 XRP would have to he avaible on the market to buy and sell instantaneously. But since there are so many whales that have XRP in cold storage and all the people who simply lost their XRP wallet, the growing demand for free market XRP for ODL dimishes. The only possible solution is for the XRP price to raise dramatically.

>> No.17157266

Imagine shilling XRP in 2020, What's next, beanie babies?

>> No.17157293

>>17157266
They are not shilling...

>> No.17157315

>>17157266
You haven’t started digging through your old beanie babies in your parents garage? Sorry anon, never gonna make it. Grab some XRP to prevent your suicide.

>> No.17157327

>>17156649
>look at how scarce the transactions
Is that supposed to be a good thing, Lovejeet?

>> No.17157328

>>17157266
>he doesnkt know

yeah its a scam shill


go buy CurryTokens or some fancy university startup and let us, the real men care of our own business.

>> No.17157347

>>17157327
yes, when ODL is steadily raising 5% a day. The ODL today is already exponentially higher than it was a week ago.

>> No.17157368
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17157368

>>17157266
Nobody needs your $50 investment to move the market, Rakeesh. Shilling this project doesn't make a difference, but anyone on /biz/ with half a brain has a 10k stack for when adoption hits critical mass and drives the price up dramatically.

>> No.17157378

Oh look, the XRP spam discord has showed up. Working in concert with each other. No one is buying your XRP scam you faggots.

>> No.17157401

>early investment
>creators already dumped billions of dollars worth of premined shitcoins on normies

>> No.17157570

>>17157378
Why is biz so entitled that they think we're trying to get them to sell their 200 Link for XRP? Retails investors don't matter for XRP you nigger.

>> No.17157611

>>17157368
>>17157570
Then why are you shilling to retail investors retard? You think you're some altruistic guy trying to help out poor street shitters? Maybe you rationalize it that way but you're really just shilling your bags

>> No.17157662

>>17157247

What are your thoughts on the large swathes of xrp that can be dumped on the market by Jed McCaleb essentially suppressing the market long enough to affect its adoption?


https://cointelegraph.com/news/ripple-co-founder-jed-mccaleb-sold-a-billion-xrp-and-has-47b-left


I did see that ripple settled one of their lawsuits recently, saw it on another thread yesterday but I'm having a hard time finding another source.

I'm convinced xrp will finally break bearish and moon.. but the idea or 5% of the market being in control of McCaleb makes me wonder if he decides to dump his remaining xrp if thay price suppression will be enough to drown the market over the course of the year..

>> No.17157696

>>17157247
>everyone ignores the only non shill informative post in the thread
absolute state

>> No.17157771

>>17157662
Jed McCaleb only owns 5% of the supply. XRP was $4 when he owned doubled the amount he currently has. He can only dump like .5% of the supply a year, and that just means it will be bought by whales who will most likely out it in cold storage and save to sell at a higher price.
The other 50 billion is all just back up for the overwhelming amount of ODL and to convince banks to use it. That might sound like a lot, but projects like Chainlink where sergey owns 65% of the supply moon greatly.

the lawsuit was dismissed easilym just another patent control trying to get XRP money. The patent came out a year after Ripples creation and had nothing to do with money at all.

Owning 5% means nothing. The market is gonna need that 5% with oncoming ODL volume

>> No.17157931

>>17156649
All this shows is that XRP is still at SHITCOIN TIER despite all the promises on top of the founders selling at a disastrous rate.

ODL volume won't grow. Its dead. XRP is dead.

>> No.17157962

>>17157662
Jed cashing out will be XRPs biggest concern for the coming 20 years.

It literally can not go up till he is done selling.

>> No.17158111

>>17157931
ODL has been growing 5% a day its astounding the expotential rate its going. not to mention XRP is the only crypto being used in the world at all. ETH isnt being used in the real world. BSV isnt being used im the real world. Tezos isnt being used in the real world. None of them except for XRP
also, buy and trading things with ETH is not actually using ETH. That wasnt what it was built for

>> No.17158144

>>17158111
Shut the fuck up and fud the xrp threads. I don't want these idiots getting rich. Fud it for fucks sake

Xrp is a scam don't buy

>> No.17158160

>>17158111
XRP is literally the biggest scam in history. At the peak of the bull market in Jan 2018, the Ripple founders were in the top 20 richest people in the world. Around 2025, once Ripple gets busted you'll be seeing huge documentaries coming out exposing the fraud. We will talk about Ripple like we talk about Enron, Theranos and Bernie Madoff. Your faggot CEOs are going to be in jail.

>> No.17158163

>>17158144
Aside from thinking it's a scam/jew coin.. what is your actual issue with xrp?

>> No.17158170

>>17158163
Seeing cripples spam their xrp shit on every crypto site for years.

>> No.17158172

>>17157962
You're such an idiot. Concerned about one holder. Jesus. This is why we need to FUD all xrp threads to oblivion. I can't wait to create my bragging thread and share my screencaps

>> No.17158252

>>17156649
you need to be a special kind of retard to hold cripple while the owner dumps billions

>> No.17158510

>>17158172
>Jed
>David
>R3 has u op to 5 billion
>Clovercoin
>Programmatic sales
>Chris Larsen

The list goes on and on

>> No.17158585

>>17158510
clovercoin only had 1 billion and dump a million everyday. its pennies

>> No.17158601

>>17156649
scam with huge inflation, will dump forever. Utility token, don't need to market buy to transfer value, can use a few xrp and 2 xrp nodes to transfer billions of value.

when it said on the XRP website that this is not an investment you should have listned.

>> No.17158965
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17158965

>>17158585

Read that again and realize how fucking retarded you are. Go back to FB.

>> No.17159051

>muh internet of value

>> No.17159097

>>17158510
Xrp is designed for mass adoption. All those dumps will be absorbed by market demand. Lazy shitty fud

>> No.17159156
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17159156

>>17158965
YOU'RE SUCH A FUCKING RETARD LOLOLOLOLOL

YOU ACTUALLY BELIEVE THESE DUMPS FROM BIG HOLDERS OF XRP WILL AFFECT THE PRICE LOL

CRYPTO IS GOING FOR MASS ADOPTION YOU RETARD

CAN YOU BE THIS FUCKING STUPID? THIS SHORT SIGHTED? DO YOU REALLY BELIEVE THIS MARKET IS GOING TO STAY AROUND THIS MARKETCAP?

DO YOU UNDERSTAND HOW SMALL THE CRYPTO MARKET IS?

DO YOU REALIZE THAT DEMAND FOR CRYPTO IS GOING TO OUTPACE ANY KIND OF DUMP FROM JED OR DAVID OR WHOEVER ELSE??

WHAT A BRAINLET HAHAHAHAHAHAH

AHAHAHAHAHAHHAHA

GET REKT BITCH

>> No.17160098
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17160098

I thought the smart people were supposed to gravitate towards /biz/

>> No.17160216
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17160216

>>17157611
I just think it's a cool project and want to talk about it here instead of shittier boards

>> No.17160250

>>17158601
>Utility token, don't need to market buy to transfer value, can use a few xrp and 2 xrp nodes to transfer billions of value.

Could you stop lying? You've been corrected on 50 other threads and keep spreading this bullshit anyway.

>> No.17160959

I’m pretty much a normie, getting back into crypto after a couple years. I bought $150 worth of XRP. Somebody at work told me they’re getting back into crypto and mentioned Ripple so I figured I’d get back on biz

>> No.17160981

>>17156649
you fucking retarted pajeet, why the fuck are you trying to convince a bunch of /biz autists to buy this shit. Everyone knows whats going to happen and is ready, if youre not thats your own fault, stop helping randoms u fucking shitskin

>> No.17161018
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17161018

>>17156649
>XRP is still an early investment
>early investment
>early
HAHAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAAHAHAHAHHAA

https://www.coingecko.com/en/coins/xrp
All-Time High ₿0.00022465
22k sats
22 000 satoshis
TWENTY TWO THOUSAND SATOSHIS

YOU
WILL
NEVER
GET TO 20K
EVER AGAIN
EVER

>> No.17161208

>>17161018
HAHAHAHAHAHA yeah dump this piece of shit

>> No.17161431

Can someone post the xrp pepe and link wojak dancing gif plz?

>> No.17161623
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17161623

>>17156649
Oh i thought this was a kleros thread, wasting my time here, cheerio!

>> No.17162046

>>17158601
Holy fuck how many times do you need be corrected?
Absolute state

>> No.17162063

>>17161623
BASED

>> No.17162069

>>17156649
Reminder that the former owners of Ripple and creators of XRP hold literally billion of these shitcoins and will be dumping them very soon since the agreement between them and the company is about to expire

>> No.17162153

>>17157266

Imagine fudding the most commercially viable digital currency that currently exists... before it’s reach maturity. Lmao I know you’re just baiting fellow XRP holders but still. Kinda hope you’re serious.

>> No.17162195

converted all my btc into xrp, thanks for the fud

>> No.17162408

I bought 5k stack and will have to use my credit cards for groceries/gas/etc. for the next month but its still fucking worth.

>> No.17162590

>>17162408
unless it goes down in value of course