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/biz/ - Business & Finance


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24883343 No.24883343 [Reply] [Original]

Why big investemt funds like microstrategy or greyscale do no invest heavily in Ripple?

>> No.24883359

It's a fucking shitcoin

>> No.24883393

so why there is so much hype for it on /biz?

>> No.24883491

>>24883393
Infinite coin supply=wealth from ripple=high number of paid shills plus omg tier stockholm syndrome from 3$ bagholders.

>> No.24883551

>>24883343
they do?

>> No.24883594

>>24883343
Don’t listen to the FUD it’s obviously because of regulatory clarity, XRP is so obviously up next.

>> No.24883661

>>24883551
they do not

>> No.24883669

>>24883343
They bought millions of Ripple. Ripple is their 3rd biggest investment. Ether being 2nd and Bitcoin being 1st.

>> No.24883956

>>24883343
But Grayscale has an XRP product, anon. Their Litecoin product is less than a tenth of an LTC per share. It's kinda crazy.

>> No.24884035

>>24883343
grayscale has a cripple position

>> No.24884888
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24884888

>>24883343
Oh no no no

>> No.24884912

THIS IS FUCKING GREAT!!!
MY PORTFOLIO IS FULL OF BASE
KEEP AN EYE IDIOTS

>> No.24884960

>>24883343
I genuinely don't get XRP.
It's been a consistently top 3 coin.
Yet it's neither a "store of value" like BTC, nor has practical uses like ETH.
You might think it's a scam, but scams don't last that long or survive under the scrutiny of a $20B project.

What is it? I don't know. But it doesn't crash, nor does it moon. It just remains right at the top, hugging shoulders with ETH

>> No.24884995

100% premine centralized scamcoin , kept afloat by normies who think its a cheap alternative to bitcoin

>> No.24885013

>>24884960
> No practical use case
Great FUD, this actually seems new. Here let's run a small test. Trade a small amount of eth btc and xrp at the same time (or send them to a spare wallet) let me know which one arrives there the quickest and at the lowest cost.

I'll wait.

>> No.24885026

>>24883343
because ripple is trash

>> No.24885119

xrp sucks end of story
inb4 you had 3 years inb4 muh odls

>> No.24885295 [DELETED] 

>>24883343
Because of regulations. Over 90% of banms outside of the have interest in xrp and xrpl. They are mainly waiting for the US. This doesn’t even include all the multinational organization like thr imf. Its not meant to be a people’s currency but a supernational currency that will solve the global liquidity issue that causes economic friction. Just look up Bancor, which was talked about at the last G20 meeting in 2944. They’re reason for not attempting to use Bancor back then was that there wasn’t any technological infrastructure in place. Now we doo and XRPL is solving the issue in the exact same way.