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/biz/ - Business & Finance

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21027613 No.21027613 [Reply] [Original]

Answer me this XRP schizophrenics. If you really think that XRP is going to be worth an incredibly high dollar amount then what do you call the subset of that single unit? The single unit of XRP? I think this is an ironically kind of a huge problem for adoption. when you go in and you buy a potato from a grocery store they don't tell you okay sir that will be some decimal or percentage of 1, 000 dollar amount. We have pennies and nickels and whatever else those other countries have. There's no naming scheme for XRP no one wants to be told that their potato costs 0.000002 XRP

>> No.21027649

>>21027613
XRP is what you get when you mix schizophrenia with low IQ, same concoction that caused Q.

>> No.21027655

>>21027613
It's always been drops, dumbass.

>> No.21027703

>>21027613
starting to remind me when bitcoin was $5

>> No.21027846

>>21027655
Literally the first time I've heard of drops but this is the answer I was looking for. I still have no idea in hell how you would actually change the naming scheme inside of a grocery store. If someone walks into Walmart and the person that you register tells them that they're amount will be x amount of drops they would lose their fucking mind

>> No.21027914

*holds up mobile phone* beep beep thank you sir come again

>> No.21027930

>>21027613
this was ur big question? xD

>> No.21027943

I call it 1/10 xpr

>> No.21027986

It literally doesn't matter what the fuck you call the smallest divisible unit, that has nothing to do with the success of the project. What the fuck are you smoking.

If all 50 billion of the available XRP supply were all worth $2000/per, that would put the XRP market cap at 100 TRILLION LOL

>> No.21028044

>>21027986
Based

>> No.21028067

>>21027986
>marketcap

https://fudbingo.com/xrp-can-never-reach-x-because-marketcap

fucking hell, crypto isnt stocks you mongrel

>> No.21028088
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21028088

>> No.21028096

>>21027613
Xrp is going to be used by banks. Xlm is for the people

>> No.21028141

>>21028044
Based as in there's no way that will ever happen and the project is going to fail. The point here is that it was never intended for people to use incredibly small fractions of this unit. Even the people making this quote currency never intended for the price to be that high. And I think it shows by just thinking about how you really can't even name fractional amounts of it besides something like drops. For it to be chilled so much on a underwater basket weaving forum this particular XRP conspiracy theory doesn't seem to hold any water on its own.

to repeat myself it doesn't look like anyone who ever worked in the history of this project planned on XRP being worth thousands of dollars.

>> No.21028154

>>21027613
dont even bless xrp faggots intellects by calling them 'schizophrenic' they're fucking retarded ass blasted nigger monkey single digit IQ losers

>> No.21028246
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21028246

>>21028141
idiot n2

https://fudbingo.com/xrp-can-never-reach-x-because-marketcap

so many low IQ motherfuckers on /biz/

>> No.21028280

>>21027649
This is surprisingly accurate.

>> No.21028284

>>21028154
Absolutely, if any of them were smart then they would probably be trying to tell me that you could create a XRP backed $1 stable coin in the name at whatever you wanted to to spur adoption. kind of like the same way you can make an ERC20 token on the ethereum network there has to be a similar way to do that kind of operation on RippleNet. if that actually is what RippleNet is for or capable of doing but it doesn't seem like anyone here is doing that kind of research. also I guess if they were smart then you could also just create a sort of entity or quasi-bank that could enforce or issue that stable currency on XRPs behalf, ...

>> No.21028288

>>21028154
This desu. They're just normies, not super autists on a mission.

>> No.21028306
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21028306

>>21028141
>>21028154
So, why do you care? I certainly don’t go in 0xbitcoin threads at all, much less make my own to fud or bash their project. If you’re so sure, then why do you use the time and energy to post threads or even respond to them? Really gets your noggin joggin.

I think we both know the answer.

>> No.21028313

>>21028141
I agree the $2000 is a meme, albeit a funny one. It will be between $20 - $40 by the end of year and will then grow to around $250 max.

>> No.21028353

>>21028313
idiot n3

https://fudbingo.com/xrp-can-never-reach-x-because-marketcap

>> No.21028360

>>21028284
>dunning Kruger

>> No.21028485

Lads BTC could be in deep shit. The Three Georges Dam that supplies much of the needed power to Chinese miners could go at any moment. People around /pol/ have been talking about it for a while and just now they are mentioning the mining rigs in China. China is controlling around 61% of BTC IIRC.

>> No.21028555

>>21028485
On that nerd, all believe it when I see it it seems like every other year that bridge is all hyped up to eventually collapse and then nothing ever happens. Just seems weird that it's brought up all the time

>> No.21028556

>>21027649
I'M NOT A FUCKKNG SCHIZO

>> No.21028563

>>21027613
they are called drops

>> No.21028765

>>21027846
If this is the first time you've heard of drops then you should actually learn how to do some dd before asking dumb questions

>> No.21028914

>>21028765
I was way more interested in Jeb selling 2 million of his stash every single day to worry about what something was called. I was just hoping that some of you would finally see the light. you think you're going to walk into a store and pay for something with drops? You think any of this is ever going to work when you try to tell your 60-year-old grandma that the dollar is gone and now she has to pay with ripple drops? You start thinking critically about a lot of this you might be able to finally realize that there is no real future here. Much can be said for all of cryptocurrency. Nothing is going to get replaced. And that's why I call you schizophrenics. Because anyone who has a net worth of over $100,000 has absolutely zero interest and something coming along and replacing that. But please keep buying I need to sell my bags before this entire thing collapses so I can make a couple more dollars.

>> No.21029074

>>21028914
prices will just be charged in local currency and the conversion done in the background

>> No.21029138

>>21028555
Bridge? Its a Dam with Chinese built products. You think that its going to hold with these never before seen weather cycles? Even Chinese crypto giants are sounding the alarm about the dam and if it goes

>> No.21029144

>>21029074
Valid,
You think Stellar Lumens and the hyperledger will be used to swap it? That seems easier to implement then ripple doing it themselves

>> No.21029175

>>21028556
anyone who shouts IM NOT A FUKKNG SCHIZO into a quite room is most def a schizo

>> No.21029180

>>21029074
I was just about to say the same thing. That's been my idea since 2017. There will be more than 1 network that survives, and they'll mostly all run in the background

>> No.21029546

How much XRP should I buy to make it?

>> No.21029761

>>21029546
10k XRP would be a good start

>> No.21029802

>>21029144
no idea. but it is a no brainer for adoption. seemless. the usp was international payments so...

>> No.21029881

>>21029144
I think that all the world's currencies will be replaced with central bank issued digital currencies i.e $digital, £digital, ¥digital, €digital. Your grandma will have to get used to paying for items with her phone or a card instead of cash.
XRP will be used for interbank transfers and trusted movement of other financial instruments, it will not be a currency as that is not it's design.

>> No.21029971

>>21029144
Excuse me anon, I meant to reply to OP in last comment.

>> No.21029989
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21029989

>>21027649
>Q is not real

hurr imagine getting buttfucked by the lamestream media so much that you got CNN cum brain: https://www.youtube.com/watch?v=Z15Xt1vGXns

Q is real, its a psychological operation by the NSA with people that are closely tied to Trump. This brain washed sheep doesnt even realize that many low level pedophils are being arrested and soon many high profile celebrities, politicians and media figures will hang. Imagine being a brain dead sheep and having to get red pilled in one year. I would probably puke myself. pic related. this is you when it the walls come crashing down.

>> No.21030068

>>21027846
it will not be used as a currency it will be used to liquidate assets, currency, commodities, ect in cross border payments.

>> No.21030158

>>21029989
>this is the guy who is saying 2k EOY with complete sincerity

>> No.21030382

>>21029881
i’m no insider but i cant see digital versions per €£$¥. think of the fuckwittery and decades it would take as governmental projects.

the other thing to consider is how risk adverse finance is. they run old tech because it works. milliseconds is millions. proven solutions with good sales will be key.

>> No.21030395

>>21030158
There is something to Q. Trump's OBAMAGATE tweet was predicated by Q as a direct nod to anons. Definitely run at least partially from the white house.

>> No.21030555

>>21027649
This is the story of the one guy I know who got into it:

>broke retard failing out of college
>hated by parents but still live with them, running out of friends to mooch off of due to acting like a faggot all the time
>only worldly possession is his beat up car, and he lives an hour away from campus so he really needs it
>it doesn't really work but is fixable and has a market value of 3.5k
>he hears that due to some meeting XRP is going to go up 500x on Monday
>tries to sell his shitbox car ASAP to get money to invest (again, poorfag who would have trouble spending $10 normally)
>only offer that weekend is for $1500 but he is so desperate not to miss out so instead of waiting or even haggling for a better price he instantly sells it and immediately puts his money in ripple at just over 50 cents a piece

Do I need to tell you what happened that monday?

>> No.21030666

The only thing I've seen shilled against as hard as XRP on the chins is Qanon.

Take with that what you will

>> No.21030672

>>21030382
It's not insider knowledge that the central banks are developing digital currencies, it's public record.

I think the schedule for implementing these digital currencies has been accelerated due to the major events of 2020:
Covid-19 means cash is a potential transmission vector for the virus.
The quantitive easing on an unprecedented level.
Hyperinflation of numerous currencies.
So on.

>> No.21030705

>>21030382
Also anon the central banks are not part of any government.

>> No.21030770

>>21028154
Yep. How else could they fall so hard for the 'free money' bait? Even linkies generally are joking when they talk about getting 100x returns by the end of the year, XRP mongoloids actually think that every tech meeting will reveal a magical secret that makes everyone pick their fun tokens over all the others that also claim to have magical secrets.

If you put any serious stock in rumors and technology developments instead of making your main decision factor market trends you are a moron.

>> No.21031353

>>21030382
As for your concern about how a changeover to a digital currency could occur I think there would be a transition period but it would go smoothly.

My parents experienced the change from "old money" which was £punt made up of shillings and other denominations to "new money" £punt that used penny and pound denominations (£punts being Irish pounds)
I have experienced the change from £punt to €euro.