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/biz/ - Business & Finance


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24597203 No.24597203 [Reply] [Original] [archived.moe]

>papa, why didn't you invest in XRP back when it was less than $1000?

How do you respond /biz/?

>> No.24597231

shut up and go back to sleep, son

>> No.24597232

Because I was busy fucking your mom, you ungrateful little shit.

>> No.24597251

>>24597203

SON WE WUZ LINK MARINES.

>> No.24597261

"some guy on biz told me it was a scam, and I'm too dumb to think for myself so I bought link instead"

>> No.24597275

>>24597203
Son, wake up!

>> No.24597294

>>24597203
how the fuck do you even know about this you little shit

>> No.24597317

>>24597203
is is still less than 1k, in fact it is worthless. take your meds junior

>> No.24597330
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24597330

>> No.24597341

go back to your room and take your meds

>> No.24597342

>>24597203
because LINK outperformed it by magnitudes, you ungrateful little faggot

>> No.24597351

>>24597330
Thanks, just sold all my crypto.

>> No.24597358

>>24597203
I did, you little nigger.
Then the faggots and trannies on /biz/ told me to pull it out and put it all on ChainLink.

>> No.24597381

>>24597203
>but XRP crashed to $0.000000000001 in december 2020 you delusional little shit I'd better get some more of those pills for you from Dr. Bergstein

>> No.24597393

i have 185 XRP

>> No.24597410
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24597410

>>24597330
tfw this person is from my area

>> No.24597445

>>24597393
I have 220, had 550 but sold most at 0.72 and rest at 0.66

>> No.24597460

>>24597203
Even to I hold XRP, I doubt it will ever reach anything over $2-3, even IF banks start using it.
It's got a ridiculous supply...

>> No.24597509

>>24597460
It won't, the market cap is 30 fucking billion and it's worth 60 cents. Only absolute retards like OP think this will be worth anything even if we went on an insane bull run

>> No.24597518

>>24597203
I did son, that's how I paid for this house

>> No.24597544

>>24597460
>I doubt it will ever reach anything over $2-3
Already happened though.

>> No.24597553

>>24597381
>And then it shoot to 2k, remember that dad?
>You went crazy after that dad and imagined me.

>> No.24597560
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24597560

>>24597460
>>24597509
>STILL thinking about marketcap in 2020
You dumb fucking newfags

>> No.24597563
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24597563

>>24597203
>implying the average /biz/ offspring will look like that and not this

>> No.24597568

>>24597509
I honestly think that people who hold XRP and expect it to moon or the schizos have serious gambling issues or are really low, uneducated class, it's pretty much like playing the lottery, not doing the math first

>> No.24597576

>>24597203
Don't get greedy son, we're already billionaires from selling Herbalife and investing in Bitconnect.

>> No.24597601

>>24597460
>>24597509
[Retard Alert]

2017: "...total amount of money easily accessible in the world economy grows by several multiples. This is called broad money, and according to the CIA World Factbook, and the global total is in excess of $80 trillion."

>> No.24597606

>>24597560
I have no issues with the mcap, it's the supply.
People could literally fight over tjis coun and it would still be too plenty

>> No.24597613

>>24597568
All crypto is like playing the lottery. LINKtards are just as delusional with the 1000 EOY shit

>> No.24597646

>>24597330
unironically based

>> No.24597655

Market Cap is the oldest fud in the book which is why none of you naysayers above will make it.

"Most coins are locked up, I'd go so far as to say 95% of XRP are out of the market's reach, and therefore do not contribute to supply in the context of determining value. That leaves 5%, which is less than 5 billion XRP, and it's only THIS small pile of coins, that everyone needing to procure XRP, will be fighting over.

The "Demand" part of supply and demand, is an aggregate of many forces, but those forces all sum together at the point of purchase on an exchange. When demand is greater than supply, the price goes up; and vice versa. Demand for XRP will come from one thing, increasing usage. If I want to send my mother $150,000 worth of XRP, I will create demand. The more people buying their mother's shoe-shops, the more demand gets created.

You might say, well as soon as mom sells the XRP I sent her, we have a net zero situation and the price wouldn't change. Yes, you are correct, but if during my purchase, transmission, and mom's sale, someone else needs to buy some liquid XRP, there'll be less supply of them available, and the price will be higher. Extend this scenario to where hundreds of thousands of transactions are happening per hour, and you should see that a lot of liquid XRP has been converted to in-flight XRP, drying up the supply, and rapidly driving up the price because of scarcity.

In other words, the "volume" of XRP "utilization" trades (where XRP actually LEAVES one exchange for another for the purpose of value transfer, not speculative trading), will be what determines the basis for "real" demand, and it won't pay any attention whatsoever to said Market Cap. Demand is demand, and it will be satisfied at any cost. Higher volume, higher demand, higher price."

>> No.24597664

>>24597588
In return, their children would not be at all grateful, on the contrary their efforts, however strenuous, would never be considered enough, they would, until the bitter end, be considered guilty because of the simple fact of being parents. From this sad life, marked by shame, all joy would be pitilessly banished. When they wanted to draw near to young people's bodies, they would be chased away, rejected, ridiculed, insulted, and, more and more often nowadays, imprisoned. The physical bodies of young people, the only desirable possession the world has ever produced, were reserved for the exclusive use of the young, and the fate of the old was to work and to suffer. This was the true meaning of solidarity between generations; it was a pure and simple holocaust of each generation in favor of the one that replaced it, a cruel, prolonged holocaust that brought with it no consolation, no comfort, nor any material or emotional compensation.

>> No.24597868

>>24597655
Yes abon, in theory it sounds good.
Don't get me wrong, I'm not here to fud XRP, fort what it's worth I think it's one of the best projects in an ocean of shitcoins.
But there's a huge IF factor to this theory.
Some banks might start using it, however, with its current supply it won't make a huge impact, probably up to $5 a coin, best case scenario

>> No.24597931

>>24597655
Every time you faggots try to explain why you're byying this shitcoin you manage to make yourselves look even dumber.

>> No.24597943

Ew I have children now?
Why?

>> No.24598100

>>24597601
Beat me to it. Marketcap is a joke. Plus its almost as if they don’t Know that the network was made to take over the derivatives market.

>> No.24598120

>>24597203
“Your mother calls me papa too”

>> No.24598160

>>24597868
You’re acting as if its only meant to run niche markets. Their main goal isn’t CBDC’s but the derivatives market. Which they’re actually on track to achieve. So with them being the source for liquidity for CBDC’s alone xrp is worth a few hundred. Being derivatives i to the picture and in order for that to work they’ll xrp to be worth a few thousand. $2k is not out of the picture but it might be a year or two away imo.

>> No.24598180

>>24597203
fucking delusional

>> No.24598203

>>24598100
>>24598160
>money that doesn't exist
>XRP will be tied to worth of all of it for reasons
Take your meds you fucking retard, mcap is the only price indicator, when XRPoo was worth 20 cents it was 1/3rd the mcap it is now.

>> No.24598249

>>24597460
You’re a fucking retarded nigger

>> No.24598399

>>24598249
You've got too much anger in you anon because you can't express it out in the world as you're too afraid, this is why your life is shitty and why you'll die alone.

>> No.24598568

>>24597868

It's already apparent that moon cycles up to 100000% are now over. Governments are now beginning to roll out regulations. I don't know why people are disappointed at coins going to $5 or $10. That's alot of fucking money, and a huge ROI especially if you are early. I guess anons here think they are going to be able to spend $100 and become a millionaire, but that's not how the world works. The only reason the early coin investors made so much money is because they were early adopters to the technology.. You can say that about almost anything that has come into existence today..

First adopters to invest in google -- Millionaires / Billionaires
First investors in Apple -- Millionaires / Billionaires

Everyone here is already too fucking late. I personally would be happy with XRP going to $5 as I bought in at .25 cents.

>> No.24598578
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24598578

>>24598203
Imagine still believing in the shit meteic that is mcap.

>> No.24598609

>>24597203
>implying biz will ever have sex

>> No.24598614

>>24597509
>30 billion is a lot

>> No.24598645

>>24597568
>the lottery double your money easily in three year at it's very worst

>> No.24598658

>>24597203
I invested all in eastern Poland

>> No.24598773

>>24597330
just sold 100k and never investing in crypto again.

>> No.24598813

>>24598614
It's almost half of ETH's mcap except one is 600 dollars and the other is the price of a 2 day old donut and retards think this will moon to 2k somehow because they want to believe their 200 dollar investment will make them millionaires.

>> No.24598824

>>24597393
Epic

>> No.24598829

>>24598568
Xrp currently at 60 cents and everyone is too late? Lowut? Do you hear yourself, brother? How many people on your street even know what an ex ar pee is? I work in a bank and nobody knows what this shit is. It only further excites me. We are in at just the right time.

>> No.24599045
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24599045

>>24598829
Over a million people hold some amount of this shitcoin, it's one of the most well known normie coins there is and it was being shilled constantly during 2017.

>>
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