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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25082273

Anonymous Wed Dec 23 05:05:39 2020 No.25082273 [Reply] [Original]

Hey guys, ya boi SEC here with an update:
Ripple is dumping copious amounts on retail investors, manipulates the market, nobody is using its products without being paid to do so, those paid to use XRPL immediately dump their XRP, the chad winklevii wants nothing to do with XRP despite being offered $1M just to consider it, none of the users of ODL are banks, use cases should really be called "use" cases, the overwhelming majority of ripple's revenue comes from selling XRP, ODL is more expensive than traditional alternatives, ripple sells XRP at 30% below market rate to institutions with no stipulations that they do not market dump immediately, the privately stated goal of ripple was to increase speculation, ODL volume is basically a sham to fool retail investors, ripple themselves said it's not a currency because you can't buy shit with it, ripple's internal policies treat XRP as a security, the CEO was paid by ripple to achieve a specific price target for XRP, ripple believes dumping XRP "according to liquidity" is part of their fiduciary responsibility to shareholders, and last but not least

XRP IS A SECURITY

>>	Anonymous Wed Dec 23 05:08:17 2020 No.25082320 Doesn't matter, will still hodl

>>	Anonymous Wed Dec 23 05:09:45 2020 No.25082341 >>25082320 brainlet

>>

Anonymous Wed Dec 23 05:13:07 2020 No.25082400

>>25082273
More fake fud from pajeet. Hold strong XRP army, the SEC and Rothschilds are desperate to get you to sell. We found out their little secret before they could accumulate enough XRP. They will do anything to get it from our hands. XRP is the new world order currency and will be 10,000$+ per coin in a year. We out smarted them and figured out the game, keep buying more and you will become an elite.

>>	Anonymous Wed Dec 23 05:16:23 2020 No.25082452 >>25082400 Every single point is taken from the SEC filing and you can verify them yourself. Cope.

>>	Anonymous Wed Dec 23 05:21:57 2020 No.25082549 Is this suddenly news? We’ve known for years ripple is cripple, oh no no no tier failure. No adoption no interest paying companies to use it but they still don’t want and all round complete failure to achieve anything.

>>	Anonymous Wed Dec 23 05:23:17 2020 No.25082576 >>25082549 It's official now. Even the brainlets now have it on paper, in court, from the SEC.

>>

Anonymous Wed Dec 23 05:24:14 2020 No.25082597

One thing I'm kinda incredulous about is how ODL is supposedly more expensive than traditional payment rails. I mean, ripple is subsidizing it out of their ass, I don't understand how it could possibly cost more.

Of course it's just a curiosity to me, I don't have any XRP because I'm not a schizo

>>	Anonymous Wed Dec 23 05:25:36 2020 No.25082616 >>25082597 The implication is it costs more in the absence of subsidies, meaning the technology isn't viable.

>>	Anonymous Wed Dec 23 05:25:46 2020 No.25082621 >>25082452 It is manufactured FUD to get XRP holders to sell. They don’t want us to win but we are smarter than them and we won’t sell. Bought more on this dip and will continue buying every penny XRP drops

>>	Anonymous Wed Dec 23 05:30:15 2020 No.25082695 File: 163 KB, 813x551, 1595791604077.jpg [View same] [iqdb] [saucenao] [google] >>25082621 Yass fellow schizo. WWG1WGA, the deep state bankers are getting fucked any day now

>>	Anonymous Wed Dec 23 05:31:00 2020 No.25082711 >>25082616 Sure but it's inextricably linked to their company so it should cost anything they want. If I have an ice cream company and want to sell ice creams for 5 cents nobody can stop me.

>>	Anonymous Wed Dec 23 05:32:24 2020 No.25082733 >>25082711 Consider that there is integration costs, maintenance for using such a system. If the competitor in traditional finance is cheap, it makes sense. If the tech doesn't inherently save money then it's doomed.

>>	Anonymous Wed Dec 23 05:32:49 2020 No.25082740 File: 59 KB, 1024x909, you.jpg [View same] [iqdb] [saucenao] [google] >>25082273 we dont care about cripple. tell us of the RLC verdict

>>	Anonymous Wed Dec 23 05:33:50 2020 No.25082755 >>25082740 I'm not a lawyer but RLC is likely fine given how it's used, it's similar to ETH which is confirmed not a security.

>>	Anonymous Wed Dec 23 05:36:25 2020 No.25082810 File: 203 KB, 500x795, blessit.png [View same] [iqdb] [saucenao] [google] >>25082755 blessed are the cheese makers

>>	Anonymous Wed Dec 23 05:40:26 2020 No.25082891 I AM A SCHIZO. I WILL NO SELL

>>	Anonymous Wed Dec 23 05:41:52 2020 No.25082925 File: 33 KB, 600x600, 1589753859707.jpg [View same] [iqdb] [saucenao] [google] >>25082810 It's still digital dogshit

>>	Anonymous Wed Dec 23 05:43:34 2020 No.25082955 >>25082755 >>25082740 can't you RLC pajeets take a break?

>>	Anonymous Wed Dec 23 05:44:22 2020 No.25082972 >>25082955 It can be both digital dogshit and not a security mr directionbrain