/biz/ - Business & Finance

[Anonymous No.8120537]

am I REALLY about to FOMO into ripple....fucking hell, fuck you jewish bankers

[insecure teenager No.8120605]

yea i cant tell if its a pump and dump or if its really gonna be added to coinbase

[Anonymous No.8120643]

>>8120537
I hate myself already for it, fucking jews.

[Anonymous No.8120684]

Do it. All in.

[Anonymous No.8120687]

>>8120537
>>8120643

[Anonymous No.8120719]

>>8120605
Imo it might dump a bit then pump until interview then dump when no coinbase announcement you could ride the pump

[Ripple Fundamentals No.8120723]

[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.8120749]

>>8120537
>>8120684
do it and enjoy the resulting pullback you fuckwit

[Anonymous No.8120798]

>>8120537
Weakling.

[insecure teenager No.8120880]

>>8120723
FUCK OFF

[Anonymous No.8120918]

>>8120719
this

[Anonymous No.8120919]

>>8120723
Doing gods work

[Anonymous No.8120927]

>>8120537
Why would you do that? Did you think it would make money before? If not, then what are you doing? Stick with your plan, your weakening your hands.

[Anonymous No.8120974]

>>8120723
>Moar deesenchralized den bidcoin