/biz/ - Business & Finance

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Cripple bagholders anomymous Anonymous Sat Jan 27 10:05:29 2018 No.6991576 [Reply] [Original]

Fomo'd on cripple at $3.50. Please tell me it's going to be okay anon. $10 eoy right anon?

>>	Anonymous Sat Jan 27 10:07:02 2018 No.6991603 >>6991576 haha no, sold my bags at 2.7

>>	Anonymous Sat Jan 27 10:07:06 2018 No.6991605 Y-you haven't sold yet? Jesus christ man don't fall too hard for the hodl memes that only counts with coins that are worth it and don't CRASH in a flash.

>>	Anonymous Sat Jan 27 10:07:54 2018 No.6991618 File: 104 KB, 1280x720, 5doolars.jpg [View same] [iqdb] [saucenao] [google] >>6991576

>>	Anonymous Sat Jan 27 10:10:01 2018 No.6991668 >>6991618 God I hate that retarded face.

>>	Anonymous Sat Jan 27 10:11:37 2018 No.6991698 It will be 5 at least at some point this year but that will require marketwide growth

>>	Anonymous Sat Jan 27 10:11:49 2018 No.6991701 >>6991576 how dumb you need to be to pay over 1$ for this scam coin that has literally 0 real use cases

>>	Anonymous Sat Jan 27 10:12:50 2018 No.6991732 Once coinbase feels they aren't going to cause another Bch insider trading debacle you'll be good

Ripple Fundamentals Sat Jan 27 10:12:53 2018 No.6991734
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[Performance]
-Ripple processes 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP for in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

>>	Anonymous Sat Jan 27 10:13:12 2018 No.6991739 >>6991701 >tfw none of them do

>>	Anonymous Sat Jan 27 10:13:45 2018 No.6991752 File: 1.35 MB, 1440x2560, ripple mizuho insider.png [View same] [iqdb] [saucenao] [google] >>6991576 You'll be fine.

>>	Anonymous Sat Jan 27 10:14:15 2018 No.6991757 File: 8 KB, 224x216, HZPeDMY_d.jpg [View same] [iqdb] [saucenao] [google] >>6991734 So you're saying there is hope?

>>	Anonymous Sat Jan 27 10:14:25 2018 No.6991761 File: 157 KB, 423x619, I LOVE THESE BAGS.jpg [View same] [iqdb] [saucenao] [google] Hodl tight and keep buying more.

>>	Anonymous Sat Jan 27 10:15:31 2018 No.6991779 >>6991576 Bought at $0.25. Sold at $3. I ripped my nipples right on time.

>>	Anonymous Sat Jan 27 10:15:45 2018 No.6991782 >>6991757 Yes, in a fucking year maybe. In the meanwhile put your money to some actual use or at least set a good sell order to get out of this cripple trap.

>>	Anonymous Sat Jan 27 10:17:06 2018 No.6991811 >>6991734 bullshit. banks dont want anything with xrp. xrp at the moment is only an extra source of revenue to Ripple Labs

Anonymous Sat Jan 27 10:26:05 2018 No.6992007

>>6991811
https://www.credit-agricole.com/chaines-thematiques/toutes-les-chaines-d-info-du-groupe-credit-agricole/actualites-du-groupe/le-credit-agricole-experimente-la-technologie-blockchain-avec-ripple-pour-les-transferts-d-argent
psst they are testing it already but don´t tell anyone so I can keep accumulating.

>>	Anonymous Sat Jan 27 10:27:56 2018 No.6992054 Your holding a bag token which does Nothing.

Anonymous Sat Jan 27 10:29:32 2018 No.6992095
File: 41 KB, 582x600, ea9e74fbe6bab407f9b84457a1c306dac49733c7079ed5814ce068663942d7fe.jpg [View same] [iqdb] [saucenao] [google]

>>6991576
>mfw Stellar Snek puts the final bullet in Cripple's head

Can't wait to see the kosher scam coin delisted. Sorry about your bags by the way OP, shit sucks man.

>>	Anonymous Sat Jan 27 10:33:34 2018 No.6992189 >>6992095 This. XRP is irrelevant with XLM now getting attention

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