/biz/ - Business & Finance

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I HATE RIPPLE Anonymous Mon Mar 5 02:38:51 2018 No.8128804 [Reply] [Original]

As much as I hate ripple and as much as I fud it. If you guys want easy money then get in right now. CNBC interview in a day. “Coinbase rumor” I don’t even think it’s possible lol but I’m in bc normies are too

Anonymous Mon Mar 5 02:41:15 2018 No.8128841
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here's what will happen:

Interviewer: So...XRP is the only top 5 coin not on Coinbase. Any plan to add it this year?

Coinbase President: We will add several coins in the next few months, but we can't say which.

*XRP continues to moon*

>>	Anonymous Mon Mar 5 02:41:23 2018 No.8128842 Last bump for my biz bros Finna be a breeze stealing this new money

>>	Anonymous Mon Mar 5 02:42:11 2018 No.8128852 >>8128841 We have no plans to add any more coins at this time is what he’ll say.

>>	Anonymous Mon Mar 5 02:42:27 2018 No.8128855 Shit I guess I forgot to filter ripple. Thanks for the reminder OP.

>>	Anonymous Mon Mar 5 02:43:38 2018 No.8128871 >>8128855 why would you have an anti-money filter, anon?

>>	Anonymous Mon Mar 5 02:43:49 2018 No.8128875 File: 111 KB, 800x617, dubs_calling.jpg [View same] [iqdb] [saucenao] [google] we mooning since 0.89 get in faggots or die poor

>>	Anonymous Mon Mar 5 02:44:31 2018 No.8128888 File: 35 KB, 408x450, 1515537528054.png [View same] [iqdb] [saucenao] [google] >>8128804 >ye its on the blockchain FUCKING KEK

>>	Anonymous Mon Mar 5 02:44:52 2018 No.8128893 File: 85 KB, 563x542, frog.jpg [View same] [iqdb] [saucenao] [google] >>8128871 he still thinks it's centralized

>>	Anonymous Mon Mar 5 03:02:28 2018 No.8129123 he still thinks it's centralized Probably not, he also admitted he fuds it. Personally I don't understand the hate. Ripple could just turn out to be the crypto asset that proves to be the bridge between fiat and real crypto.

>>	Anonymous Mon Mar 5 03:07:44 2018 No.8129188 >>8129123 delusional crypto anarchist think they can replace banks with their shitty blockchain tech with 30+ minute TX times.

Ripple Fundamentals Mon Mar 5 03:11:22 2018 No.8129242
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[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 Mon Mar 5 03:28:42 2018 No.8129454 File: 48 KB, 333x477, 1520140134609.jpg [View same] [iqdb] [saucenao] [google] >>8129188 This.

>>	Anonymous Mon Mar 5 03:31:29 2018 No.8129485 >>8128893 >>8129242 >>8129454 I'm actually curious, how much do they pay you? I hope it's a decent wage since they're making bank off of your hard work

>>	Anonymous Mon Mar 5 03:33:36 2018 No.8129515 >he hasnt sold yet

Anonymous Mon Mar 5 03:34:14 2018 No.8129520

>>8129485
If youre invested in something its your job to sell it to ensure it does well. I've been shilling since yesterday at .89 -.90 because I need to make a profit on my own coins. I also believe in the project however riding this wave is good . ill sell and rebuy when it stabilizes again if there's no major news which I doubt there will be.

>>	Anonymous Mon Mar 5 03:34:27 2018 No.8129525 >>8129485 how much are they paying you to fud Ripple in every thread?

Anonymous Mon Mar 5 03:38:47 2018 No.8129578
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>>8129485
Thanks for the compliment. I do it for fun and to give back to the board that shilled me on XRP and XMR. I want as many people as possible to become millionaires from this.

>>	Anonymous Mon Mar 5 03:41:08 2018 No.8129609 >>8129578 >XRP and XMR the only two coins that matter

>>	Anonymous Mon Mar 5 03:42:52 2018 No.8129631 >>8129578 Thanks, saved.

>>	Anonymous Mon Mar 5 03:44:48 2018 No.8129653 File: 97 KB, 430x315, 1.png [View same] [iqdb] [saucenao] [google] >>8129578 This is you.

>>	Anonymous Mon Mar 5 03:45:24 2018 No.8129659 >>8129578 Nobody is becoming a millionaire from this. Unless they already have a fat stake and/or they buy a fat stake. This will MAYBE 3-5x at most and that’s being generous.

>>	Anonymous Mon Mar 5 03:46:06 2018 No.8129668 >>8129609 Yup. They will be #1 and #2 in a year or two. One for the lawful economy and the other for the criminal economy.

>>	Anonymous Mon Mar 5 03:47:26 2018 No.8129681 >>8128804 Already up 16%...once nothing happens its gonna plummet...sell the news as usually

>>	Anonymous Mon Mar 5 03:47:44 2018 No.8129686 >>8129668 it's so obvious yet most people won't see it until it's too late

>>	Anonymous Mon Mar 5 03:51:13 2018 No.8129728 File: 156 KB, 969x1024, You.jpg [View same] [iqdb] [saucenao] [google] >>8129653

>>	Anonymous Mon Mar 5 03:58:10 2018 No.8129803 >>8129668 >>8129686 Don’t sleep bitcoin private. It has more normie attractant than ripple.

>>	Anonymous Mon Mar 5 04:12:15 2018 No.8129948 >>8129803 Haha good one.

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