XRP

[Anonymous No.21483180]

Shill me this shitcoin

What makes this a good investment?
I’m thinking about buying XRP, but I’m really dumb as fuck when it comes to crypto. Can anyone that has some considerable skin in the game teach me a little bit please?

All i’ve gotten from biz is

>jewcoin
>10k eoy
>ADOPTION
>stinkielinkies

I have no idea what the fuck is going on.

[Anonymous No.21483245]

>The logo looks trustworthy and it’s below $1 so I can pick up 1000 for cheap so I will instantly be a millionaire when it reaches $1000.

[Anonymous No.21483280]

>>21483245
Is that all there is to it?
Y’all are mad here

[Anonymous No.21483289]

>>21483245
this was basically list of my reasons

[Anonymous No.21483345]

literally the standard. Buy as many as you can anon, or buy rope by the end of the year

[Anonymous No.21483370]

Don’t buy if you have cerebral disfigurement you’ll sell at a loss

[Anonymous No.21483392]

These shill threads are getting awkwardly more and more pathetic

Literal kindergarten level shilling. Cripple must be getting desperate hiring such retards

[Anonymous No.21483393]

>>21483180
They just copy-pasted smart contracts into their code from ETH so a lot of hopeless bagholders are excited they might break even in 5 years.

[Anonymous No.21483404]

>>21483280
Pretty much. Take 10 grand and put 100 in the 100-200 coins, wait a year and then you'll be a millionaire. EZ PZ.

[Anonymous No.21483436]

>>21483345
Alright.
But from what I gather, they are releasing a lot of new coins into circulation every month.
Won’t that suppress the price for a long time?

[Anonymous No.21483457]

Look at PAXG and PAX standard.
Then think about XRP and the XRP stablec.

Thank me later.

[Anonymous No.21483476]

>>21483180
some anons will probably come in here talking about how it isn't decentralized, how it's a premined shitcoin and how the banking partners don't even need to use XRP to use the Ripple net. Don't listen to those anons op. This guy >>21483245 basically has it right.

[Anonymous No.21483532]

>>21483180

It's an incumbent coin in the top 10 for 8 years. It has a world class company backing it, spending millions on advertising.

XRP does not follow TA. All the TA I've seen on tradingview is wrong or very wrong. If anything XRP is mirroring BTC price action. News doesn't seem to affect price action either.

On Reddit there's some hype around ODL reaching new ATH's on a daily basis but the evidence is telling me that this has no effect on XRP price. I don't see how increased ODL demand will result in higher XRP price since you only need a small fraction of circulating supply to make it work and it only gets held for less than 10 seconds at a time.

In 2017, I remember it was largely retail investors that made XRP rocket to new ATH's. It appealed to a new crowd of speculators that thought banks would buy XRP or that banks wouldn't exist anymore in a few years. It piggybacked off BTC going past 1k and Ethereum hype. XRP was "cheap" and people threw in their disposable income and it became successful and now a top 3 incumbent coin.

[Anonymous No.21483553]

>>21483532
Continued..

That's how I see it happening again. BTC going past it's prior ATH, new retail investors coming back in wanting to invest. When Bitcoin hits $30000, $40000, $50000 XRP will look like a bargain in comparison to the retail investor. This will lead an explosive uptrend we've seen in the past, price ranging from 0.0001 to 0.0002 BTC before retracing. People will credit the explosive rise to ODL doing 100m in daily volume, new partnerships, 30+ corridors, litigation suit being dismissed with prejudice, etc. At the end of the day the price rise will be speculators piling in trying to get a piece of the crypto pie because they believe they missed out on Bitcoin.

XRP is entirely dependent on Bitcoin for the upcoming cycle. Money will flow into BTC and it has to go past 20k first before XRP and everything else can get their moon. I believe XRP has a guaranteed spot at the dinner table being a top 3 coin and one of the few cryptos that have moneyed interests that care about the price and has never been shy about spending money to promote it.

What isn't clear to me is exactly when Bitcoin will surpass it's previous ATH. I have always thought Bitcoin is a 4 year cycle and 6-12 months after May 12 2020 we could expect to see price to go past 20k. Recently though I have seen contradicting evidence to suggest cycles are getting longer and that it may longer time frame to achieve this feat like in previous cycles. It does make sense to me since it is conceivably easier to go from 1-20k than 20-200k.

[Anonymous No.21483572]

>>21483553
Continued..

Conservatively, I see Bitcoin hitting 56-100k in the next 2-3 years. If it's a 4 year cycle I can expect this by mid 2021. Based on XRP Satoshi price that would make it range in the $4-18 area. I'm sure most of us will be content with the lower end of the range.

Many of you will say Bitcoin is inferior/outdated technology but the reason the price continues to climb is because of PoW system that necessitates electricity and computation power to be spent on it. This is obviously expensive and humans tend to put value in things they sacrifice and work for. The wasted money, power and electricity justifies the price of Bitcoin despite all the problems. XRP doesn't do any of that and is punished for it. Since virtually no work was needed to mine XRP people cannot value it properly. It's human nature for people not to respect something given to them for free. In conclusion, XRP will have to piggyback off the success of Bitcoin, at least in our current cycle, if we are to get rich.

[Anonymous No.21483634]

>>21483532
>>21483553
>>21483572

Thanks anon

[Anonymous No.21483773]

>>21483532
>>21483553
>>21483572
So very wrong.

XRP is a utility coin, until that utility switch is flipped, it will simply follow BTC. The switch happens eoy according to insider information.

[Anonymous No.21483960]

>>21483532
>>21483553
>>21483572
T-thanks. But I can’t accept it this year. The happenings are too strong and indicate a decoupling from Bitcoin. I’ll continue to follow the news and unironically there’s a shit ton of meme dates this year and early 2021.

[Anonymous No.21484285]

>>21483180
its a stablecoin but transfer fee is nonexistent

[Anonymous No.21484388]

>>21483180
>>21483245
its under a dollar because there is currently a 300 billion supply. this shitcoin will go nowhere slow while literately every other option moons over and over. you are unironically better off putting it into a bank account. this way you will at least make a yearly profit

[Anonymous No.21484893]

>>21483773
>insider information.
AKA LARPs posted on /biz/ for fun.

[Anonymous No.21485014]

>>21484893
One of his "larps" came true already.
The second one is going to come through, it's already in the news.

[Anonymous No.21485076]

>>21485014
What did the insider say about the future price?

Help me, I'm poor.

[Anonymous No.21485187]

>>21485014
>One of his "larps" came true already.
No it didn't. Oil crashed, that was it. So he was wrong.
>The second one is going to come through
No evidence posted (what a surprise). So you base the entirety of what you are saying on people posting 'super sekrit insider info' on /biz/? Amazing.
>it's already in the news.
Talk of a digital dollar? Why do you assume that is going to be XRP?

[Anonymous No.21485202]

>>21485076
2k eoy.

[Anonymous No.21485228]

>>21484388
>300 billion supply
Who learned you how to spoke?

[Anonymous No.21485239]

$0.294 for the next 5 to 10 years

[Anonymous No.21485358]

>>21485202
2k is a load of shit, even divine intervention wouldn't get it over $200

[Anonymous No.21485379]

>>21483180
2000 EOY is FUD

[Anonymous No.21485421]

I can't wait to post this after September to laugh at you delusional cucks.

[Anonymous No.21485456]

>>21483180
I'm going to be totally honest with you about why I bought this coin. I'm not an expert but nor will I pretend to be as most on here will.
In 2017/18 I doubled my money buying Ethereum at around 100 and then selling at 200. I executed the plan I had decided on and took my profits never really thinking about how much higher it could go (it went to over 1000).
I was fairly new to crypto, except having previously bought Bitcoin to buy diamonds on Minecraft.
Having experienced the rush of doubling my money and seeing how high everything was going I stupidly put all the money back in. Litecoin. Ethereum.
Everything started to crash.
Around this time I started browsing biz.
Nobody on biz was talking about XRP (that's a very recent phenomenon really. Like last few weeks).
A friend of mine from the real world told me about XRP. The prices of all cryptos had already fallen hugely. He said he knew people in big institutions personally that were putting their money into XRP. He is related to me and wouldn't lead me astray (although he may very well be misguided).
So I bought at like...60c maybe? And have been hodling ever since.
Since then it's pretty much always been about 17-20something cent in euro.
Suddenly in the last few weeks there's been loads of posts on biz about XRP. And seeing as I've already bought in at 60c, and can now see that 30c seems to be a very average price for it, I bought in with a lot more.
I should also point out that in terms of usecase it would seem XRP isn't necessary to what Ripple is doing. But I always knew that. I just think most cryptos are memes and if they get enough random backing they go up in price any way.
Supposedly Ripple (not XRP) as a company are going to be able to deliver very fast transfers between different currencies. That may very well be, however since hearing about it and never seeing anybody actually use ripple, I have seen many of my friends adopt Revolut for this purpose.

[Anonymous No.21485501]

>>21485456
>>21483180
I don't know if Revolut is a competitor or not, but it certainly seems to be widely adopted and as far as I can see does what Ripple keeps claiming is new and innovative already.
Maybe I misunderstand.

[Anonymous No.21485520]

>>21483245
Kek

[Anonymous No.21485699]

>>21483180
Oh and also:
The main FUD, which is probably true but verify it for yourself if you like, is that the dude whose picture you always see that biz hates because he's Jewish is "derisking" by dropping large quantities of XRP every day into the pool thus keeping the price down. He supposedly has some huge quantity, can't remember how much.
In terms of shilling: I think there's a couple of ways to look at it.
1. Do you believe in the technology of crypto full stop? This is the first hurdle for many people. You might not actually believe ANY crypto will really be adopted. I mean, look at Bitcoin. Yes it's insanely highly valued. But who the fuck is actually using it?
Now if you do believe in their use then read up on XRP and ripple and see for yourself if you think it seems better than other coins.
What I'm getting at here is that they kind of ALL could be scams/just worthless. If you believe than buy because tech.
2. If you answered the above question by believing they're all scams than you've two options. Don't buy any crypto OR buy a crypto because even though it has no actual use it may have insanely high value. I.e. buy into the tulip economy.
If you do think they're all memes than XRP is a good choice because of the hype surrounding it and it has yet to rise meteorically.
3. Even though XRP is quite low value, it has never completely plummeted. It has been fairly stable ever since I bought a few years ago so your money is relatively safe (relative to total scam coins that is, which are often pump and dumps).

[Anonymous No.21485722]

>>21485456
Your relative knew well. Yes, Ripple has xCurrent which doesn’t use XRP but if you look at what’s happening now we’re approaching a time when XRP is not only necessary, but it’s coming to be legal and it solves many problems that xCurrent can’t. The world needs to leverage their assets to keep in keeping on and observing the development of CBDC its only obvious XRP is THE choice these banks and financial institutions will turn to

[Anonymous No.21485841]

>>21485699
Cool cool cool.

I put 5k into xrp, if it tanks it tanks.
I’ll also buy a 100 dollarinos worth of top 100 MC coins. It’s not a lot of money, but maybe something moons and gets me my luxury estate in Hawaii where I can just fuck off and die.

Thanks for all the answers.

OC doges as tax

[Anonymous No.21485846]

>>21484388
100b supply 44b circulating

[Anonymous No.21486057]

>>21485841
I mean even if the whole market is total bullshit, which a lot of it probably is...at this point so is the stock market so... Who cares?
Assuming interest doesn't completely drop off, and I don't see why it would, some/most cryptos will see another insane bullrun. And it seems like soon.
To the complete normie crypto = Bitcoin. They don't know what blockchain is. They certainly don't know what oracle's, smart contracts, cloud computing, or PoS is.
Therefore if Bitcoin rises the whole market will probably rise.
And Bitcoin will rise because why wouldn't it?
Fiat currencies are becoming massively inflated and generations are becoming more and more familiar and reliant upon the digital world.
And hey, if we're all wrong well... The future was never ours then any way I guess. Because that's the future I want.

[Anonymous No.21486062]

>>21485722
because somebody was smart enough to use the 100b supply and threw some coins in the laps of the banks already as signing bonus
and other coins will be converted to it with trades
>USD - XRP - EURO
>USD - XRP - GOLD
>GOLD - XRP - Smartcontract
>Smartcontract - XRP - BTC
Just imagine any combination and it will be possible

[Anonymous No.21486146]

>>21485841
you will cry when it moons, you'll wish you invested more.

[Anonymous No.21486182]

>>21486146
My man, I dont have any more. Lol

[Anonymous No.21486191]

>>21483532
>>21483553
>>21483572
Thank you anon.

Literally, we don't need to fomo right now.
And this:
>The wasted money, power and electricity justifies the price of Bitcoin despite all the problems.
BTC its a commie coin and it will raise, yes, but it is not the future

[Anonymous No.21486207]

>>21486182
just put in what you can miss, a nice moon is worthless if your on the streets due to unpaid bills

[Anonymous No.21486229]

>>21483773
Bro stop that insider shit!
Just keep your bags and don't say shit until it breaks out.
Insiders are just larping holders Looking to drop their bags

[Anonymous No.21486296]

>>21485421
Funny they believe all of that schizo shit and STILL lose their money to a jew scam coin

[Anonymous No.21486326]

Dude XRP is like my favorite super hero of crypto!!!

[Anonymous No.21486513]

oh and Gooks/Japs are buying en-masse

[Anonymous No.21486564]

>>21486326
Kek

[Anonymous No.21486670]

>>21483180
https://greater-fools.com/2020/01/01/xrp-and-xlm-centralized-inflationary-scam/


1.95 Trillion US dollars in circulation.
Braindead XRP bagholders think XRP will hit $1000 Do the math
$1000 x 100 Billion XRP = 100 Trillion.

[Anonymous No.21486723]

Yeah sounds legit
$100 trillion marketcap for a token with no proven usage case... There aren't even enough dollars in circulation to make this a reality. Unless the FED decides to print 98 Trillion Dollars tomorrow.

[Anonymous No.21486736]

>>21486670
800 trillion to 1.2 Quadrillion derivates
20T gold assets
200T private savings
all in Dollars, when the dollar falls XRP might be the only one with enough capacity to capture that wealth and then supply/demand joins the game

[Anonymous No.21486777]

>>21486670
>>21486723
midwits like the smell of their farts

[Anonymous No.21486820]

>>21486670
>1.95 trillion US dollars in circulation

Jesus Christ I didn’t know there were people this retarded on this board. Got my kek and my cringe for the morning. Thanks faggot tranny.

[Anonymous No.21486915]

>>21483180
Don't get any if you ever in your fucking life think it will moon astronomically, no seriously don't.
>however this piece of shit coin has been proven to be relatively stable + or - 3 cents. And so if you buy a nice big 10-20k stack, you can just shit swing it for a couple hundred bucks profit every single fucking time. So no don't HODL this piece of shit lame coin. Swing it non stop.

[Anonymous No.21487044]

>>21486736
You do realize that XRP is generation 1 remittance protocol yeah? 12 TX per second. How the fuck is that even relevant in this day and age?
Solana pushing 50-60k TX/ps.
When the dollar fails.. Synthetic tokenized deratives, tokenized gold bullions can be tokenized on any third generation layer 1.


The Fed is working with MIT on their own shit.
https://markets.businessinsider.com/currencies/news/federal-reserve-digital-currency-coin-research-mit-possible-lael-brainard-2020-8-1029505035

[Anonymous No.21487128]

>>21487044
what happens is that there are all little isolated ecosystems of Crypto's what XRP does is wire larger sums from one ecosystem to another ecosystem

[Anonymous No.21487159]

>>21487044
>12 TX per second
why would go go on the internet just to lie

[Anonymous No.21487265]

>>21486820
>>21486820
You're a fucking moron.Typical subhuman xrp brainlet. XRP isn't pegged to GOLD, Equity, Stocks. You can't fucking buy XRP without legal tender like Money can you?
How the fuck is XRP going to PUMP to $1000 if there aren't enough CIRCULATING dollars in existence to pump it to fucking $1000

[Anonymous No.21487292]

you noobs are alright so have a gift

[Anonymous No.21487475]

>>21487292
dont tell em they dont deserve it they unironically think its a shitcoin.

[Anonymous No.21487480]

>>21487128

what the fuck are u trying to say?

[Anonymous No.21487518]

>>21487292
I like this

[Anonymous No.21487522]

>>21487292
My TA shows me the same!!!!!

[Anonymous No.21487576]

>>21487292
You can't even read the volumeprofile... why even use it?
The volume profile is obviously skewed downwards. value is building lower..

[Anonymous No.21487652]

https://greater-fools.com/2020/01/19/volume-profiles/

P.O.C are consolidation levels.
Price always chops around that level. Breaking through a P.O.C level at first test is extremely low probability.
Watch XRP getting rejected at $0.27 at first retest... it may produce a fomo-scam wick but price won't close below $0.27-28-30 at the first retest.
XRP faggots are all subhuman

[Anonymous No.21487696]

>>21487480
the bigger the competition on the market, the bigger the marketshare for XRP
>Literal banking coin
>Italian Banco
in venice you had merchants with enough credit and liquidity so that they were exchanges on IOU basis the crypto market is kinda like venice in the renaissance
>The link-ship from the east has arrived with spices
>Bitcoin tulips from Ghendt
all going their merry way and being speculated on in the bachground, there is XRP to...
>Cash out...
>Buy tokenized home with...
>buy smartcontracts...
>basicly used for any form of transaction
all facilitated by the merchant on the bench, Banco

[Anonymous No.21488196]

>>21487696
You're comparing a for-profit goyim startup (Ripple) a fucking company

with

an ancient Jewish Money Lending institution like the Federal Reserve dating all the way back to Ancient Sumer. Read the book the sumerian swindle.

--------------------------------------------------------
Banco - issued or used by a bank at the time of a depreciated government currency.
-------------------------------------------------------

So Ripple is now a bank?
Ripple is a fucking remittance company... No connections to the Goverment nor Banks. Stop with the lies.
Hurdurr, let goyim startup issue banco.

Didn't I mention that the FED is working with MIT on the the digital dollar?

[Anonymous No.21488223]

>>21485187
He meant the return to the gold standard.
UHNWI said it would happen five months ago.

[Anonymous No.21488326]

>>21483280
That’s pretty much what got LINK to where it is. LINK is just a JSON parser with no real use.

[Anonymous No.21488330]

>>21488196
>Goyim?
>Brad Garlinghouse
>Ken Kurson
>Ben Lawsky
>David Schwartz
>Stuart Alderoty
>"Ripple’s expansion remains unstoppable and has now the company behind XRP managed to conquer Israeli territory after closing a significant deal with GMT in an effort to boost the financial industry in the region and consolidate Ripple’s domination of the market."

oy vey

[Anonymous No.21488383]

>>21483393
vilatik stole from ripple you daft bitch

[Anonymous No.21488506]

To think I sold link at 4$ for this at 20cents. I am up 50% on xrp, but could have been 500% with link.

[Anonymous No.21488869]

>>21488330
Ignore the fact that companies can't issue Banco.. makes a weird connection with jewish sounding names implying ripple has ties to the jewish banking elite. Hurdurr israeli partnership, banking connection... you see?

Again ignoring the fact that the Federal Reserve is wrking with M.I.T on a digital dollar not a single mention of Ripple a third party for-profit remittance company.

[Anonymous No.21489768]

>>21485421
Wow. I bought into the xrp crap because of this terrible fucking LARP. Selling my stacks now. Thanks for confirming you guys are skitzo skitzo and not like the awesome skitzo

[Anonymous No.21489810]

>>21486777
Checked

[Anonymous No.21489813]

>>21488869
no Banco, from the bench upon which the tx was preformed by the merchant

[Anonymous No.21489894]

>>21488506
Me too anon. Made some tasty gains on OXT though.

[Anonymous No.21489957]

>>21488869
Except that M.I.T. has been running a XRP validator since 2016 lol baka

[Anonymous No.21490624]

>>21489957
Isn’t that algorand? Pretty sure they are working with the feds to develop crypto and/or implement their systems. Basically Venmo point of sale systems for crypto

[Anonymous No.21490907]

>>21483245
no meme I bought xrp when my friend convinced me to start trading because it was the cheapest listed token and wanted to test how buying worked on the exchange the 1k I bought made me nearly 4k