/biz/ - Business & Finance

[Anonymous No.6936701]

> someone bought bitcoin when it was $18,000
> someone bought ethereum when it was $1400
> someone bought ripple when it was $3.20

[Anonymous No.6936713]

And theyre going to make a slot of money

[Anonymous No.6936737]

>>6936701
SOMEONE MAKE THE FUCKING MARKET GO UP I DONT CARE HOW YOU DO IT IM SICK OF MY ALTS DUMPING I WANT TO BUY A NEW FUCKING HOUSE
IM SICK OF THE ONE I BOUGHT LAST YEAR IT DOESNT HAVE ENOUGH ROOMS IN SO HURRY IP AND SOMEONE DO SOMETHING SOME GOOK NEEDS TO PUMP THE MARKET
OR SOME DINOSAUR BILLIONAIRE NEEDS TO INVEST AND STOP BEING A LOW TEST BETA BILLIONAIRE BITCH IM SICK OF WAITING FOR THIS TO MOON SOMEONE DO SOMETHING
IM FUCKING ANGRY THAT MY ALTS AND BITCOIN ARENT WORTH 10X WHAT THEY ARE NOW 10X WAS NOTHING LAST YEAR I USED TO THROW MONEY INTO ANYTHING
AND EVERYTHING MOONED SO MUCH I COULD BUY A NEW ASTON MARTIN AT 21 Y/O WITHOUT EVEN CARING WHICH I CRASHED IN NOVEMBER BUT SO WHAT THE FUCK IS GOING ON
WHY HAS THE GROWTH SLOWED DOWN I NEED MORE MONEY IM ONLY A 4 MILLION-LET I NEED TO MORE OTHERWISE WHEN I SEE SOMEONE WITH MORE MONEY THAN ME
OR PERCEIVE THEM AS HAVING MORE THAN ME I GET INSECURE AGAIN LIKE WHEN I WAS BROKE AND AUTISMO AND I ALSO AM STARTING TO HATE ALL WOMEN
BECAUSE THEY THINK THEY CAN GET TO MY MONEY BUT THEY HAVE NO CHANCE SO I END UP ONLY FUCKING THEM ONCE AND THEY FIGURE OUT THAT THEY HAVE NO CHANCE OF GETTING MY MONEY
BECAUSE I HATE THEM ON PRINCIPLE AND THEY REALISE THEY CANT GET NOTHING FROM ME SO THEY LEAVE AND I ONLY FUCK THEM ONCE THIS HAPPENS ALMOST EVERY OTHER DAY
NOW EVERY GIRL IVE FUCKED SINCE LAST JUNE HAS LEFT ONCE SHE REALISED I DON'T GIVE A FUCK ABOUT A HOE AND WILL NEVER GIVE THEM OR BUY THEM ANYTHING
SO THEY LEAVE AND GO SPONGE OFF SOME BETA WHO BUYS THEM STUFF AND JUST THINKING ABOUT IT MAKES ME WANT TO START DOING COKE AGAIN
BUT I CANT DO THAT BECAUSE I WASTED MORE THAN 20 BTC ON IT SO I NEED MORE TO STOP THIS FROM COMING BACK AND SO THAT I CAN BUY A FUCKING PERMANENT IN HOUSE SEX SLAVE
IM NOT EVEN JOKING SO YES, CAN SOMEONE DO SOMETHING?

[Anonymous No.6936746]

>someone bought ven instead of walton

[Anonymous No.6936764]

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 doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (as in Bitcoin). Bitcoin requires $18M of net new $ flowing in to maintain the price.


-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 (e.g., MoneyGram, Cuallix, IDT, MercuryFX, ..etc)
-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).

[Anonymous No.6936771]

>>6936701
> i bought bitcoin when it was $16,000
> i bought ethereum when it was $1000
> i bought ripple when it was $3.00

[Anonymous No.6936811]

>>6936701
>implying they will never go up
ripple maybe not, were looking at another bullrun, the banning fud has calmed down, nobody is going to do anything and now we have the 50 cents and katy perrys shilling to the normans, i mean i go on porn sites or conspircay forums and i see ads for crypto, this shit is far from over.

[Anonymous No.6937057]

>>6936811
You see targeted ads because google knows you're interested in crypto you fucking pajeet.

[Anonymous No.6937232]

I bought LTC when it was $400

[Anonymous No.6937709]

>>6937057
>edgy 16 year old detected
thanks for the explanation though

[Anonymous No.6938001]

>>6936764
no matter how good ripple currency works, it's centralized which means it's disqualified from the competition, literally glorified excel spreadsheet, your account can be frozen whenever ripple wishes, they can shut down the network whenever they want, they can clear your account to 0 whenever they want, price can be easily manipulated however they want due to the fact that 50% of ripple is hand of owners

[Anonymous No.6938061]

Dude somebody bought BCC at 400$. Not just somebody too. A lot of people.

[Anonymous No.6938085]

someone buying zilliqa rn

[Anonymous No.6938089]

>>6937709
>>6936811
dumbass

[Anonymous No.6938133]

>>6938061
pulling figures out my ass but i bet atleast 50% of them were americans.

[Anonymous No.6938149]

someone hasn't bought Bottos at 27 cents

[Anonymous No.6938169]

>>6938001
>centralized

it's actually more decentralized than bitcoin

.Bitcoin
-One company has more than 50% of the hashpower (Bitmain)
-One oppressive country has more than 50% of hashpower (China)
-One company has a monopoly on creating efficient ASIC Bitcoin miners thanks to patents (Bitmain)
-One company can rollback the chain and bankrupt the entire ecosystem (Bitmain)


Ripple
-10s of validators run by reputable non-related public and private entities in different countries (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-double spending not possible (the chain can't be rolled back)
-Consesus requires a supermajority of 80%
-Anyone can run a validator and use his own list of validators

[Anonymous No.6938178]

>>6938089
thanks for your input, now back to your basement, its a school night.

[Anonymous No.6938180]

>>6936701
Can you let us know what you're planning on buying next?

[Anonymous No.6938285]

>>6938001
>they can shut down the network

no they can't, if Ripple Labs disappears today the network would keep functioning

>they can clear your account to 0

no they can't


>your account can be frozen

no it can't. only tokens can be frozen by their issuers.


>price can be easily manipulated however they want due to the fact that 50% of ripple is hand of owners

they are working full time to pump XRP by expanding XRP's market share, 4 financial institutions are using XRP now. If you call that manipulation, then I like it.


also let's see what happens when devs don't have their coins locked or don't have coins at all:

Ether: Vitalik is threatening to leave.

.
Litecoin: Charlie dumped on the noobs and said he will leave soon.

.
Bitcoin: Core devs refused to increase the blocksize even temporarily, and as a result, bitcoin is dying, the fees skyrocketed, the price crashed, more merchants are dropping it and no one is using it for payments anymore


0/10 FUD, pajeet

[Anonymous No.6938305]

I bought litecoin at $350, still holding these bags. AMA

[Anonymous No.6938374]

>>6938285
>ripple thread
>that spacing
youhavetoback.jpg

[Anonymous No.6938408]

>>6938305
are you able to like your own elbow?

[Anonymous No.6938429]

I'll just leave this here: https://twitter.com/kevinrose/status/956686653908635648

[Anonymous No.6938439]

>>6936701
me with eth lol

[Anonymous No.6938964]

>>6938178

So bad

>im forty s0 i can stay up :p

[Anonymous No.6938977]

>>6936701
Someone will buy bitcoin for 100k. Digits confirm.

[Anonymous No.6939010]

>>6936737
i wrote this in a valium induced rage fit no joke

[Anonymous No.6939033]

>>6936701
KEK HAHAHAHAHAHAHAHAHA

[Anonymous No.6939041]

>>6938977
Checked and Kek'd

Praise Kek!!

[Anonymous No.6939042]

>>6939010
No one read it.

[Anonymous No.6939055]

>>6936701
>someone decided not to abort you

[Anonymous No.6939062]

>>6939042
it keeps getting posted as pasta so i guess they ddi

[Anonymous No.6939096]

>>6938977
>thx buy 100k

[Anonymous No.6939178]

>>6937709
Enjoy your botnet.

[Anonymous No.6939201]

>>6936701
>describing me
thanks for the shoutout anon

[Anonymous No.6939330]

>people bought trx at 0.20

[Anonymous No.6939379]

>>6939330
normans were buying bitcoin cash at $8500 when it got on coinbase

[Anonymous No.6939486]

>>6939379
Someone should have called the cyberpolice on them. Such blatant manipulation it was almost like they were working with wall street to short it for futures or something.. lol nah they wouldnt do that

[Anonymous No.6939500]

>>6936737
Bruh...

[Anonymous No.6939528]

>>6938408
Not that poster but i can. Sweet party trick.

[Anonymous No.6939641]

>>6939330
bought it at 24 cents anon, I have many regrets in life

[Anonymous No.6939690]

I put $3k dollars into BTC when it was 18k

now I have $14K

Really doesn't matter when you buy BTC if your intention is to buy something else with it

[Anonymous No.6939692]

>>6938408
I hate elbows

[Anonymous No.6939814]

>>6939641
>bought it at 24 cents anon, I have many regrets in life
Bought in at 12, and 17 here.
I knew it was a calculated risk, and something told me to sell after the announcement and fud, but I hodl'd. I'm waiting it out till march to see what happens. I'm tempted to go all out LINK

[Anonymous No.6939900]

>someone unironically stores their wealth in "Tethers"

[Anonymous No.6940129]

>>6936746
Hmmmm partnerships and platforms for fortune 500 compaines, or 1st place in a science fair? I always wondered why waltcucks never made the switch but its obvious now. YOUR ALL FUCKING RETARTED EMOTIONALLY INVESTED SALTY KEKS. STAY POOR