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/biz/ - Business & Finance

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22944362 No.22944362 [Reply] [Original]

Is the worst investment in crypto now?

>> No.22944441

always is
the best time to buy bitcoin was when it started
second best is now
fuck XRP
>> also dca

>> No.22944457

>>22944362
Sure, if you cant swing

>> No.22944497

>>22944362
it's the dumbest premise of all crypto:
>"this token will increase in price because banks (BANKS) will buy the tokens from you at a premium"

really think about this value proposition

>> No.22944522

no, uni still exists

>> No.22944586

>>22944441
shit I read is it the best
lol

>> No.22944622

>>22944497
That's not at all the value proposition, but you knew that when you copy/pasted that from your FUD telegram

>> No.22944658

>>22944497
They aren't gonna buy anything idiot. That's how stupid you are. Try again.

>> No.22944703
File: 607 KB, 638x450, xrpstandard.png [View same] [iqdb] [saucenao] [google]
22944703

>> No.22944728
File: 415 KB, 2422x1601, xrp.png [View same] [iqdb] [saucenao] [google]
22944728

>> No.22945255

Amen

>> No.22945326

>>22944728
sounds like the exact diamond in the rough to super moon

>> No.22945373

>>22945326
>1 billion dumped every month
>supermoon
>doesn't know trends emergy from supply-demand imbalances.

>> No.22945419
File: 88 KB, 764x736, xrp2.png [View same] [iqdb] [saucenao] [google]
22945419

>>22945326

>> No.22945498

If you buy now you can probably make a profit dumping on the retards holding for the spark drop by selling on Dec 11.

>> No.22945577

>>22945498
redpill me on why flare is shit

>> No.22945636

>>22945577
Brad and Dave are both getting spark bags, only Jeb was excluded. Dave is going to have a ton of spark to "derisk" with. Going to crash with no survivors.

>> No.22945687

dont know man. XRP is literally the definition of reddit retards and people who just googled "buy crypto and to the moon". The coin is jewish scam and is shits on everything bitcoin stands for. But on the other hand the amount of shit the coin gets last two years plus the chart is either dead for good or epic moon incoming. If youre crypto investor having 1% of your shitfolio in this coin is not wrong move

>> No.22945707

always with the gay and retard tokenomics and chart analysis that is totally divorced from context and developments. how do you guys actually functoin from your autist bubble? this isnt the good autism that lets one peer into the future, this is the autism that makes you mired in stagnancy, doing stupid shit over and over again

>> No.22945886

>>22945707
There is not a single asset in the world that has an above 10 trillion mcap. For currencies, the US dollar market cap is 5 trillion, for commodities, gold is only 7 trillion. For XRP to be 2000 has to be 120 trillion.
>muh derivatives
Have no actual worth and is not an asset. XRP is never going to be worth anything. If it reaches $1 in the next bull run I will be amazed.

>> No.22946019
File: 2.39 MB, 383x200, bridge-currency.gif [View same] [iqdb] [saucenao] [google]
22946019

>>22944497
its because its the fastest cheapest way to settle money and there is a limited supply that appears to be a large number only because the average person doesn't understand fractions and decimals.

Based off the smallest units, the actual supply, XRP is x47.6 that of bitcoin

Ether has a x1128190000 larger supply than XRP.

ripple is also building the ecosystem that will run the internet of value. Things like coil for changing how subscriptions work, the ILP which is tantamount to TCP/IP, flare network for smart contracts and oracles, etc.

ethereum was inspired by the things they were doing at ripple because vitalik got the idea from when he was pseudo-interning at ripple ( he slept on their couch).

the use case of XRP as a bridge currency means that price doesn't interfere with the utility. banks can now custody crypto as well and regulations are being passed in this country changing the rules of how everything works.

Its like investing in the base protocol of the internet of value. Imagine if you could invest in the Internet Protocol. You would, wouldn't you? Everyone you know uses the internet. Its going to be the same thing for the internet of value. Who is building the internet of value? Who is actually developing the protocols? Who is building the long term ecosystems? Who is working with regulators to get it implemented into real world systems? Who is building the cross-border corridors?

Now is the most pivotable time in human history. We have a new asset class that's likely to absorb all other asset classes. Where you place your money matters, and one of these horses is going to win. This is all the money. What digital asset is capable of hosting all other assets on it? What is the horse you bet on?

>> No.22946063

>>22945577
Way too little way too late. ETH 2.0 + Layer 2s are advancing quick + there are 30+ faster stronger competitors at this point if Ethereum doesn’t deliver. This shit is dead in the water just like the XRP token price.

>> No.22946128

>>22946019
Unbelievably based

>> No.22946555

>>22944658
exactly, no bank will ever buy XRP because they "need more liquidity"
it's the dumbest fucking idea ever, and some niggers actually drank this diarrhea
>>22944622
it is, the XRP token exists to provide "on demand liquidity", the only thing it provides is "on demand market dumps"
>>22946019
>What digital asset is capable of hosting all other assets on it?
LOL
https://twitter.com/DAMLdriven
https://twitter.com/hyperledger
https://twitter.com/inside_r3
go look now who is really building the CBDCs
no cripple in sight, xrapid is outdated nigger tech made by schwartz

>> No.22946699

>>22946555
XRP token exists to have assets tokenized by it.

>DAML
Show me their connections with the IMF

>hyperledger
https://www.investopedia.com/news/ripple-joins-hyperledger-consortium/

>r3
https://cointelegraph.com/news/r3-adds-ripple-as-first-crypto-for-its-universal-payments-dapp

tl;dr
you dumb as hell boi

>> No.22947214

>>22946699
AND THE DIGITS TO BOOT

/THREAD