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/biz/ - Business & Finance

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5618361 No.5618361 [Reply] [Original]

Is not because of the banks or the jews, nah, no one cares about that, you know it, I know it. We are just here to make money.
Biz hates ripple because rippe is considered "the newbie coin". Lets be real, first thing people do as soon as they join the cryptoworld is buy ripple.
Biz doesnt want newbies getting money on crypto, let alone getting money/succeeding THIS fast.

>> No.5618385

We hated it in July. Nobody bought it then.

>> No.5618399
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5618399

biz only hates it because there was always constant fud against it, the same thing with dash

and guess what, those two coins were the most pumped coins this year

always do the opposite of the /biz/ tells you

>> No.5618406

And you know this because you were a newbie. Hell, so was I.

>> No.5618445

>>5618385
>we
Reminder that only retards and poor people think with a herd mentality. I bought at $0.14. Feels so good to sell to you faggots FOMO buying at these prices HAHAHAHAHAHAHAHAHAHAHA

Reminder that you will never. EVER. EVER. EVER EVER EVER! EVER. Make it. Because you're literally too fucking stupid to think for yourself. You're just one of the herd. You might as well be a normie at this point, because you're certainly not the smart money.

>> No.5618456

Thoughts on this?

https://discord.gg/Ujgnqa

Not sure what to think

>> No.5618542

>>5618406
Hell yeah I started in August, ripple was my first coin. I eventually sold because ir didnt do anything fir a while.
Tbf Feelsbad that the new horde will feel like they know everything about crypto investment when in reality they just got lucky and we all tried the same thing they did.

>> No.5618628

>>5618445
Sat wise you broke even just yesterday tho

>> No.5618670

>>5618628
>measuring in bubblecoin
>that you measure in usd anyways
>when XRP literally outperformed bubblecoin this year in usd
Never gonna make it.

>> No.5618674

>>5618445
*Bbbbuuuuurp* this morty. You hear me you little shit. This asshole *buuurp* knows the truth. This right here morty. if you ever learn anything other than the fact that your mother is a clone and your dad is a puss... *bbbburp* P-pussy. This MORTY. YOU HEAR ME YOU FUCKING SHIT OF A COCK DRIP. THIS. READ THAT AGAIN AND RECITE IT IN YOUR SLEEP MORTY. THIS FUCKER GETS IT.


Fuck....

I need a drink....

>> No.5618678

>>5618628

>> No.5618730

>>5618678
retard #2. XRP outperformed bubblecoin, so measuring in sats makes zero sense.

>> No.5618813

>>5618730
You coulve x2 your stack if you went to btc when you saw it was dropping hard on sats

>> No.5618984

>>5618813
coulda shoulda woulda, hindsight is 20/20, but I don't ever bet on crusty old tech that I don't believe in. Ripple on the other hand was an obvious no-brainer, and you had to be literally retarded to miss the signs.
>only alt mentioned consistently in mainstream media besides ETH
>Swell conference with Vitalik speaking
>Amex partnership
>Microsoft partnership
>CEO literally retweeted an article that predicted $2/XRP by 2018

You can't blame "luck" on this one. Hopefully you learned a lesson and you won't miss the next memecoin.

>> No.5619082

>>5618984
>Microsoft
*Bill Gates partnership. He's not with Microsoft anymore.

>> No.5619566
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5619566

Ripple 101
----------

-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships (e.g., Amex, Santander, ..) and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like Bitcoin)

.
-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.

.
-The software is open-source (Stellar was a fork of Ripple).