Are you idiots really buying Ripple?

[Anonymous No.8136094]

That's why I love /biz. Non stop entertainment from retarded cucks that never learn

[Anonymous No.8136115]

no wtf

[Anonymous No.8136153]

>buy high sell low
>the cnbc way

[Anonymous No.8136184]

If only people actually talked about real things like stocks and commodities instead of the numerous shit coins they trade thinking it's going to make a fortune.

[Anonymous No.8136296]

>>8136184

I did 40x on xrp last year alone. These stocks of yours, many of those do 40x? Many penny stocks x1000? No?

Fuck off then. Stocks are for holding my crypto profits in a boring, slow & safe way.

[Anonymous No.8136344]

>>8136094
Its going to 1.15 you fucking retard.

[Anonymous No.8136618]

>>8136344
>not measuring in sats
it's getting dumped against BTC right now

[Ripple Fundamentals No.8136634]

[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.8136686]

>>8136634
Doing gods work

[Anonymous No.8137013]

>>8136094
I feel so stupid buying in at 1.05 I really wanted to hold btc for the supposed upcoming bull run then i got bored and tomorrow supposedly there is a chance it goes to the moon so I am going to swing so of course after I buy it goes back to 99 cents. FUCK

At least I now know the ways of bagholding.

[Anonymous No.8137025]

You have a small position for tomorrow. If you don't think all of the dumb money is going to buy back in tomorrow after they get off work and turn on cnbc and see ripple you're more delusional than me. and i'm an arkie.

[Anonymous No.8137212]

>tfw Ripple was my first crypto buy, like the FOMO moron i was
>Bought at 2.4 on Jan 2.
>Unloaded it all at 3.2
>Been riding the shitcoin waves since then

[Anonymous No.8137279]

>>8137212
Signed up for a bitmex just so I can rain shit down on the XRP fags tomorrow when the bottom falls out

[Anonymous No.8137369]

Buy ripple before it goes up again tonight. This is your last warning you fucking faggots. You would've cleared a 10% gain the last 24hrs and a 30% gain the last 48% . Quit being poor you fucking dumb fucks. Itll dump Tuesday night either buy the dump or buy now and sell tonight's pump

[Anonymous No.8137416]

>>8136094
ppl here only buy when something goes up, then either sell or continue to hold as it goes down

what they should be doing is buy when something goes down, then hold only until it goes up at which point they sell. If it instead goes down as they're holding, they should be ready to cut losses.

[Anonymous No.8137418]

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 No.8137437]

>>8137369
>buy now at +40%
sure thing pal,how about i short your ass?

[Anonymous No.8137511]

>>8137369

>buy my bags, i thought this was going to 1.25