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/biz/ - Business & Finance

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19934250 No.19934250 [Reply] [Original]

How can Ripple continue to scam people for so many years without getting caught?

I can't wrap my head around it. Millions of people got fleeced and no one shot up their office in minecraft?

>> No.19934374

Because it's completely open. I think even the creator said at one point it may not be a good investment. Normies just fomo because muh banks.

>> No.19934442

>>19934250
It's a massive fucking scam with multiple large corporations and government officials involved. They literally hired the Bitlicense architect to a no-show position on their Board of Directors so that he would help them get their scam listed on exchanges in NY. Look it up

>> No.19934592

>>19934374
Sauce?

>> No.19934806

>>19934250
People will convince themselves of anything to prevent accepting they made an embarrassing mistake that most didn't.

>> No.19935276

Xrp brought me nothing but doom

Fuck this shitcoin

>> No.19935459

It's so weird, because it does have those partnerships with banks and it's even being used.
But the sheer number of coins ensures a low price, I suppose.
Is it true that the coin isn't even needed for the ripple network?

>> No.19935510

>>19935459
There is zero reason to use a volatile illiquid shitcoin for international remittance instead of a stablecoin. And yes it is illiquid for most fiat pairings. No one is using this and it only exists to dump on plebs

>> No.19935536
File: 21 KB, 874x263, uhoh.png [View same] [iqdb] [saucenao] [google]
19935536

>>19934250
loving all of this fud lately. those who know, know.

>> No.19935831

>>19935536
Absolute retard

>> No.19935877

>>19934250
look at creg.
unlike the low-rent ripple scammers, creag undermined hundreds of billions in legit wallstreet money with his gay fraud game.

>> No.19935959
File: 19 KB, 300x168, xrpdump.jpg [View same] [iqdb] [saucenao] [google]
19935959

>>19935536
> image of 4 wallets accumulating 23 Million XRP
Here is ONE wallet that dumped ONE Billion XRP in February 2018
https://bithomp.com/explorer/rDahLhHJaowRYn4hRkS9S2YpAeiTR8mjBF
And Ripple still holds 55 Billion, the founders hold 7 Billion and the 100 insider wallets hold 86% of the supply all for the purpose of dumping on retard investors.

>> No.19935999
File: 88 KB, 340x480, this.jpg [View same] [iqdb] [saucenao] [google]
19935999

>>19935510

>> No.19936018

>>19935959
>imagine selling 'tokens' from your private mysql db

>> No.19936142

>>19935959
ok friend i'll explain the image for you. to be in the top 0.1% of holders in April, you needed 762,188 xrp. now you need 775,100. there are many new wallets being created with tons of xrp being deposited. figure it out.

>> No.19936223
File: 56 KB, 613x506, 1593106207214.jpg [View same] [iqdb] [saucenao] [google]
19936223

>>19936142
thats not thay big of a difference, and it could have to do with (pic)

>> No.19936302
File: 102 KB, 600x600, xrp-dump.jpg [View same] [iqdb] [saucenao] [google]
19936302

>>19936142
Price 3+ years ago $0.40
Price today $0.18
= 3 years of getting dumping tokens with zero usage while hyping up nostro vostro accounts in big banks, then pivoting to pajeet tier remittance companies and then paying failing company MoneyGram to hype up a POC use case.
If you haven't figured this out after 3 years, you are a fucking retard and deserve to lose all your money

>> No.19936379

>>19936302
only those who were meant to know started buying now...haven't bought a single xrp until this year...was a link marine 2017 to now...still am...but if you can't see the momentum xrp has...you aren't meant to make it.
A lot of those in this thread are fudding on purpose...even you...i know you insiders want to accumulate a bit more...

>> No.19936384
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19936384

>>19936302
funny how you only attack XRP.
Say, whats the price of ETH right now?

>> No.19936709
File: 897 KB, 478x268, bags.gif [View same] [iqdb] [saucenao] [google]
19936709

>>19936379
> XRP is pretty damn shiny. The whales are endlessly doing whatever they can to foment the perception that XRP isn’t a good investment. They know people don’t pay attention to true ‘value’, such as Ripple’s expansion, or the incredible rate of ODL (On-Demand Liquidity) adoption, etc., no, people only look at that one stupid fucking number, the "price", and THE WHALES CONTROL IT, and by extension, they control the sheeple’s minds, because sheeple are fucking stupid and greedy, and will believe any picture the whales choose to paint in the prices.
http://galgitron.net/Post/Weekend-at-Bitcoins
Congratulations on pulling out a narrative from the XRP Retards Holy Bible
>>19936384
Because as highlighted above Ethereum investors are not completely retarded to believe such narratives and others saying it is going to be the Standard providing liquidity freeing nostro/vostro holdings, settlement currency for international remittances and other bullshit.