Reddit hivemind track record in crypto so far

[Anonymous No.7553565]

Hi fellow plebbitors, pajeets and niggers. I'd like to take a moment and show you why you suck and should just kys

>litecoin
>xrb/nano
>ripple
>tron
>verge
>dgb
>vertcoin

7 out of 7 for complete retardation. What will be the next huge plebbit bust?

[Anonymous No.7553631]

>venchain

calling it now.

[Anonymous No.7553639]

>>7553565
ven or icon
screencap this

[Anonymous No.7553726]

>>7553565
twitter gets to take credit for tron and verge, not reddit.

[Anonymous No.7553760]

>>7553565
>chainlink

[Anonymous No.7553801]

>>7553760
Isn't that the /biz/ completely retarded bust?

[Anonymous No.7553914]

>>7553639
good intuition my mate. they will likely both go bust. complete memecoins.

[Anonymous No.7553926]

>>7553631

Plebbit HATES vechain, see /r/cryptocurrency

[Anonymous No.7553936]

>>7553760
>>7553801
correct, that is on the wall of shame of /biz/. biz has some good ones more but i can't remember atm. i think we can finally call ARK a bust but biz hasn't shilled this for 4 months now.

[Anonymous No.7553948]

>>7553926
WTF are you on about. They recommended that shit out their ass

[Anonymous No.7553991]

>>7553926
maybe some of them have started realizing their burn now, which doesnt count considering they've been shilling it hardcore 24/7 the past 3 months.

[Anonymous No.7554012]

>>7553948

They must have gotten tired of it, its completely banned there

[Anonymous No.7554076]

if you were around for it reddit had an absolute hardon for the DAO. That was pretty muck the archtype for the awful plebbit call.

[Ripple Fundamentals No.7554105]

[Performance]
-Ripple consistently handles 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 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 No.7554138]

>>7554076
Missed that one but I think 4chan was shilling it as well quite a bit.

>>7554105
pajeet

[Anonymous No.7554161]

>>7553565
Vertcoin was my first >10x thanks to the reddit hype.

[Anonymous No.7554185]

>>7553926
Thanks. Bought 1000 more VEN.

Plebbit loves TRX. That says it all.

[Anonymous No.7554200]

>>7553565
100% of these coins were on 4chan first

Everything is first on 4chan.

[Anonymous No.7554217]

>>7554105
oh jeez oh man my rippplebeans i paid two fiddy for are a buck o three.
i better call up my grandkid and ask him what the fuck i can ever use them for

[Anonymous No.7554247]

>>7554200
Yeah but reddit has a "credibility" that we lack yo

[Anonymous No.7554475]

>>7554200
dont think LTC, VTC or Ripple were ever shilled here.