[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 275 KB, 1442x1390, 1579556909480.png [View same] [iqdb] [saucenao] [google]
17366139 No.17366139 [Reply] [Original]

>Sells the hundreds of millions of XRP he had
>Calls it "de-risking" instead of dumping
>Price plummeted another 90% and has not recovered since. RIP

The only Ripple insider dumped his entire stack because he doesn't believe in a long term price increase. Why should you, goyim?

>> No.17366161

>>17366139
>dumping
<decentralization

>> No.17366181

>>17366139
I'm not sure he's ever had "hundreds" of millions of XRP, officially he had some 11, sold about 7 or 8.

Whatever the case, that was a big red flag, although those amounts are a drop in the bucket compared to what the other devs hold and all that is a fart in a hurricane compared to what's still in the escrow.

>> No.17366200

>>17366181
Legitimate point. Point is it was a huge red flag. If you sold XRP...

>> No.17366249

>de-risking

Fuck Jews and their audacity and quickness with lying. I've been trying to become more kike-like when dealing with corporations and such, I try to see more through the eyes of a Jew. They view life as a brutal competition that they will not be victims of, and their attitude toward cheatinf, scamming and lying is "why wouldn't you?"

I stay trustworthy with other whites,
But with faceless companies contributing to globohomo etc, I now deal with them as though they are the enemy and I am a Jew.

>> No.17366284

>>17366249

God will punish the Jews. Dont forget earthly richess are nothing compared to Heaven

>> No.17366346

>>17366284
redpilled

>> No.17366404

>>17366200
>Legitimate point. Point is it was a huge red flag. If you sold XRP...

why? it's not stock

This guy sold hundreds of ETH at $1 under the same derisking strategy. He's not good at trading. So what? Does that make ETH a jewish scam coin too?

Absolute brainlets

>> No.17366435

Can't stop blaming Jews for all your problems now can we...

>> No.17366441

>>17366404
Fuck did he know about eth?

He is THE CTO OF RIPPLE you utter mong. He is directly involved with adoption of their own product and he decides to dump it all.

>> No.17366456
File: 28 KB, 605x235, scamcoin.png [View same] [iqdb] [saucenao] [google]
17366456

>>17366441
>Fuck did he know about eth?
>He is THE CTO OF RIPPLE you utter mong. He is directly involved with adoption of their own product and he decides to dump it all.

He's been in crypto since the early days of bitcoin, he's even contributed code to bitcoin core. He was an early ETH miner.

Fuck me pajeet learn to do some research before you come here.

>> No.17366483

>>17366161
kek I'll buy some when it's completely decentralized.

>> No.17366484
File: 71 KB, 552x524, 1581473416843.png [View same] [iqdb] [saucenao] [google]
17366484

>>17366456

Here's his contributions to bitcoin core btw

https://github.com/bitcoin/bitcoin/commits?author=JoelKatz

>> No.17366504
File: 29 KB, 307x475, now.jpg [View same] [iqdb] [saucenao] [google]
17366504

>>17366483
>kek I'll buy some when it's completely decentralized.

83% of the UNL is run by entities unconnected with Ripple.

That's already the most decentralised coin in the top 10. But I guess you can always wait until they just run one validator. Then you'll come up with another excuse why you don't like it of course.

https://stats.xrplapps.com/validators/

>> No.17366518

New thread

>>17366429

>> No.17366550

>>17366139
premined shitcoin

>> No.17366589

>>17366550

chainlink

>> No.17366635

Shut the fuck up with the nerd talk and tell me -why- this is such a pile of shit compared to every other major coin? This fucking coin has been on a continuous nose dive for the past 2 years. It dumps harder than any other coin and barely raises when others climb. The graphs don’t lie.

>> No.17366894

they even recommended their XRP holders buy BTC some months back, maybe half a year ago. no one can say they weren't warned about XRP.

>> No.17366945

>>17366635
you answered your own question really. the price continually takes a shit. but also the coin is premined, it used to be available to buy for fractions of a penny, the company blatantly uses it to raise revenue by dumping it, and it probably hads no use case (unless the XRP fans' delusions are true which is extremely unlikely). also the technology is old and shitty. also the community sucks the nutsack of a dead donkey. and all the OG crypto guys and "enthusiasts" hate it and would never let it go anywhere. oh and it's not decentralized. and probably some other stuff too that escapes me at this time

>> No.17366985
File: 28 KB, 385x385, 1581958121950.jpg [View same] [iqdb] [saucenao] [google]
17366985

>>17366635
>>17366945

god your fud is making me so bullish and hard

keep going anons I'm edging

>> No.17367113

>>17366985
oh you liek that? dont forget that there's probably 5x the market cap worth of bag holders' bags that you'd have to buy into just to get the price to a dollar. this one should arouse you especially because i included you in it kek

>> No.17367154
File: 36 KB, 417x350, 1573260905260.jpg [View same] [iqdb] [saucenao] [google]
17367154

>>17367113
>oh you liek that? dont forget that there's probably 5x the market cap worth of bag holders' bags that you'd have to buy into just to get the price to a dollar. this one should arouse you especially because i included you in it kek

holy shit you're making me so fucking bullish on this

it's only when the maxipads get nervous about XRP flipping ETH or even BTC that they start FUDing it this hard


WE GONNA BLOW

>> No.17367452
File: 281 KB, 1244x820, any and all.png [View same] [iqdb] [saucenao] [google]
17367452

>>17366985
>>17367154

>> No.17367632
File: 160 KB, 331x10000, 1581228198135.png [View same] [iqdb] [saucenao] [google]
17367632

>>17366635
Indeed, the charts dont lie and show XRP is closing in to 0