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/biz/ - Business & Finance

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22333144 No.22333144 [Reply] [Original]

Previous /fxrp/ 0.5
>>22324488

Linkies say
>Link 1K EOY
xrpfags say
>Flare will replace Link
If XRP/Flare fags are right that means Flare will inherit all of the Link Marine theory, but actually be implementing and realizing true/utilization levels of value rather than speculative value.

Some Flare thread because what is a general without a bunch of links and text nobody will read before dumping their already answered question in the thread like they're the only one to have asked it?
>>/biz/thread/S22259893
.
..
.
What the fuck is going on here?
What is the price of Flare going to be?
Is XRP really the stable coin after all? High price not "needed" to perform its function?
Or are XRPfags double Dutch plutoing from 2x $1K+ coins?
Is ETH and ERC20 dead with the arrival of FRC20?

this isn't about whos coin/token is "the best"

leave your ego at the door and make some fucking tendies for yourself and any other fuck unfortunate enough to be browsing 4chin.

>Because none of us are as autistic as all of us

>> No.22333394
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22333394

>>22333144
checked and who knows but I'm sure as fuck getting my flare from the snapshot.
I heard it's 1:1 the amount XRP you have?

>> No.22333486

>>22333144
I propose we add a warning about droplet wallet to the OP, since that one shitskin who shills for it inevitably shows up in these threads whenever someone starts asking about how to obtain the flare drop.

>> No.22333780
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22333780

>>22333394
>I heard it's 1:1 the amount XRP you have?
Not gonna dig a source, but I heard its 1:1 XRP:FLARE and the rest of the unclaimed flare is divided up equally.

>>22333486
>I propose we add a warning about droplet wallet to the OP,
You have more compassion for newfaggots than i, but If im around to bake next I'll add it.

>> No.22333927

>>22333486
If someone falls for a pajeet wallet with 1 review on the App Store they are too stupid to make it

>> No.22333980

>>22333144
The token is SPARK, not FLARE, just FYI.

>> No.22334151

>>22333927
They might be brainlets, but theyre OUR brainlets.

>> No.22334211

>>22334151
stfu plebbit faggot

>> No.22334370

>>22334211
Nigger

>> No.22334482

>>22334211
>>22334370
super gay interaction

>> No.22334511

>>22333144
Flare doesn't replace link. It replaces eth. Link migrates to flare

>> No.22334600

>>22333333

>> No.22334605

>>22334511(checked)
huh. it does doesn't it. didn't really consider the erc20 API

>> No.22334736

>>22334600
check checked I guess. Too bad for them linkies are going to be replaced by flare.

>> No.22334743

>>22334511
checked and holy shit I'd jizz in my pants if true

>> No.22335557

XRP time

>> No.22335618

>>22334482
That's why it turned you on

>> No.22335673

XRP 2k EOY.
Flare is sprinkling on top. Hopefully doubles the profit. If Flare is what they say they is, likely XRP will moon well before snapshot to price people out.

>> No.22335806
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22335806

>>22333144
Found something interesting while gallivanting in the twitter normie XRP schitzo communities....

https://www.businesswire.com/news/home/20181108005269/en/Cred-Secures-50-Million-Global-Credit-Facility

Looks to be preliminary moves for collateralization for the using spark tokens.

>> No.22335890

>>22333144
>Is XRP really the stable coin after all? High price not "needed" to perform its function?
High price is needed to provide liquidity for xrapid without volatile price swings. Xrapid is supposed to move trillions daily, the current market cap is 10 billion. It wouldn't be possible to move trillions of dollars through xrapid at the current price.

>>22333394
>I heard it's 1:1 the amount XRP you have?
Greater than 1:1 because we're all going to get Jed's flare distributed to us.

>> No.22336061

>>22335890
Fuck Jed I hope he shows up in some ISIS type 4k execution video, but I heard he’s going to slow down in selling because he wants the spark. Also heard somewhere his wallet is considered a ripple wallet and he won’t be getting any

>> No.22336091

What happen to all the XRP threads? Don't need to post because.. IYKYK?

>> No.22336125

>>22336091
after weeks of spoonfeeding IYDKYDKAIYKYK

>> No.22336148

https://www.youtube.com/watch?v=GroQe9mLHiU

DERIVATIVE OF ALL VALUE ON GODS FLAT EARTH

>> No.22336358

>>22334511
>Flare doesn't replace link.
it makes it redundant and useless as flare has access to the interledger protocol and Codius allowing it to do what that shitcoin can't.

>> No.22337317

So what's going to be the new realistic ATH once XRP takes off? Please don't say 2k eoy, because anyone who says that is full of shit.

>> No.22337403

>>22337317
>October 5th The first Bitcoin course towards exchange dollar is published: 1 USD = 1,309.03 BTC
2k is a low estimate eod desu

>> No.22337524

>>22337317
2k eoy

>> No.22337645

>>22337317
2k eoy

you are full of shit for not knowing this.

>> No.22337661

>>22337317
anywhere above 1999 and below 2001 eoy

>> No.22337677

>>22337317
2k eom

>> No.22337929
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22337929

FXRP is a trustless representation of XRP on the FLARE network which allow you to collateralize SPARK.

Once the infinite wealth engine turns on you will be priced out, all XRP will be sucked up out of the market and the price will rise drastically.

Verticals Ripple has worked on over the years will further drive the price.

One of the many verticals is coil subscriptions, micropayments on a mass scale put such a large demand on the the system that the price will have to go up; one platform you will see massive adoption from is cinnamon.video which will replace youtube/twitch
The way cinnamon works is you are paid .18c per hour viewed, so going viral will literally be life changing, or if you gain a traction of followers. Say you have a following of 20k people who watch you 8hours a day would have you pulling in $28.8k Daily.

It would only take ~155 days worth of content being watched to suck up the entire supply of XRP at current price. *If the entire youtube audience is captured/migrates. Also you need to take into account the amount of data that is produced and consumes grows every year.
Now imagine how many hours worth of content is consumed from spotify/streaming music, all of this will be the standard for how content creators get paid.
Tv subscriptions will change, you will only pay for content you actually watch, and this will all be ad-free.
I see Theatres opening up that allow people to view new movies if you have a coil account, removes the monopoly all these big corporations have over our heads.

Oh, I forgot on cinnamon.video you get paid for shilling peoples content, you make short clips to share and are paid .9c per hour viewed which promotes the community into sharing videos worth watching.

>>22336148
The biggest take away from this is that Securitize initiated hugo into the fold. If people don't realize what that means I truly feel sorry for you goons.

>> No.22338329
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22338329

What did he mean by this?

>> No.22338379
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22338379

Some new exchanges are supporting the fork, according to Flare. AnchorUSD, Bitrue, Gatehub, Uphold. Anyone have experience with them? Also, here's the only green dildo today.

>> No.22338594

>>22337929
cheers anon, good post, learned something today.

>> No.22338604

>>22338329
Exactly what it says. The XRP ledger is not controlled by the company Ripple.

>> No.22338625

I will def not be trusting an exchange, fuck all them.

>> No.22338666

>>22333780
I think I read that in their telegram or twitter. Would be nice to get extra SPARK

>> No.22338748

>>22337524
>>22337645
>>22337661
>>22337677
>>22337677
You schizos are truly full of shit. I ask for realistic prices not some dumbass report made from a crazed conspiracy theorist who lives in his parent's basement.

>> No.22338767

>>22336358
Link interfaces with offchain apis to give the real world blockchain functionality. Nothing else does this.

>> No.22338853

>>22338604
Then who the fuck controls XRP? Last I checked Ripple had 55 billion tokens of XRP in escrow and their founders all control billions of tokens each.

The only thing I can think of that makes sense is that Ripple has relinquished control of their 55 billion escrow shares to the IMF/World Bank or some such thing.

>> No.22338879

>>22338748
>You schizos
> come to thread cleary labeled for intended people
> complain about said people

>> No.22339026

>>22337929
https://www.xsongs.store/store-app-v2/index.html

>> No.22339073

>>22338748
>I ASKED FOR A REALISTIC PRICE NOT SOME DUMB ASS REPORT

You got your answer you fucking shizo piece of shit, if you can't handle reality gtfo.

>> No.22339093

>>22339026
Can you give more details about this? This is pretty crazy to me

>> No.22339108

>>22339093
Musicians can sell their music and receive 100% of the revenue through peer to peer payments in XRP.

>> No.22339154

>>22339108
Ya I see that now, and does the purchaser get a download link? Curious about privacy, this seems very cool could kill bandcamp and soundcloud

>> No.22339174

>>22339108
Fucking autocorrrect I meant piracy*

>> No.22339189

>>22338853
Holding XRP doesn't mean you control it.

What privileges within the ledger functionality does holding 55 billion tokens give you?

>> No.22339271

>>22339154
https://twitter.com/i/status/1212488662128222209

>> No.22339380

>>22339271
thanks anon

>> No.22339518

>>22338666
Exchanges who do not support the fork will forfeit their SPARK to be distributed between the community that is supporting.

If someone self-custodies their XRP and don't claim their SPARK then it is just burned.

>>22338748
Crypto in general is a new asset class, but you need to realize that the first real digital asset with utility was XRP, on top of this what Ripple is going after by utilizing XRP is in itself a completely new asset space.

XRP will become a derivative of all value under it, this will allow for a global economy that backs itself as a value peg.

The concept of money is a unit of exchange, over time we evolved from using simple sticks/rocks as value leading to silver/gold. There is nothing wrong with the concept of a gold standard but with the invention of blockchain and its adaptation into DLT we have created a better unit of account; and that is XRP.

Gold backed currencies work as following : the note stands in place of a weight of gold at time of issuance. "$10 dollar gold note" would be redeemable for $10 worth of gold.

What is taking place is everything is value will become interchangeable through tokenization.
So instead of the value of say OIL against KFC STOCK everything will have value against XRP as a bridge currency. Because how would you represent the difference in price between OIL/KFC? You wouldn't have a OIL/KFC index price against your sovereign dollar for every single country. This is where XRP comes into use.
OIL>|<XRP>|<KFC STOCK or insert whatever two mediums of value you wish to exchange.

The scarcity of XRP is what will truly drive the price, no one is going to want to sell as it will be so valuable that selling it would be silly. Once you have XRP you will be staking it in on the flare network for infinite profits. You are never at risk and the returns are going to be retarded.
Look at these shitty DeFi pools on ETH; they are a joke compared to the amount of money that will be running through Flare.

>> No.22339530

>>22338767
All oracles do this

>> No.22339575

>>22339518
What are you thoughts on Ethereum in general?

>> No.22339683

>>22336061
you do know cryptowhale mentioned XRP has been always top 3-5 spot for a reason

>> No.22339776

>>22339575
https://youtu.be/n8R46XAUxrc

I think he overheard alot of good conversation on where cryptocurrencies were headed and decided to do his own thing.

Smart contracts are the future no doubt but we will not be able to rely on Proof of work or Proof of stake as they are both flawed in their own ways which lead to system exploitation.

This is why Flare is such an important development.
https://youtu.be/fo8ZScrXFZE

>> No.22339844
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22339844

>>22337929
WOW SOMETHING TO READ

>> No.22339872

>>22339776
Isn't algo going to be garbo then as it's proof of stake? Can someone give me the qrd

>> No.22340234

>>22339776
thanks for the info

>> No.22341288

bump

>> No.22342292

>>22339189
>What privileges within the ledger functionality does holding 55 billion tokens give you?
Within? Can't think of one. This isn't your father's Proof of Work/Steak.

Otherwise? The ability to sell XRP at current prices to partnered banks while maintaining custody?
Below table(?) incentive for banks to sign up early?

>> No.22342727

Okay hear me out. What if Ripple is used by banks and governments in order to force other banks and governments to adapt and join the new system? This could mean that XRP will not hit 2k for another year or 2.. maybe more? Just feel like it could be a pump to 1-20 dollars, then waiting for another year for a significant pump. Could you hold through all that?

>> No.22343212

>>22342727
>This could mean that XRP will not hit 2k for another year or 2.. maybe more?
Very possible. 2K EOY is a nebulous LARP meme.
Ripple being a major player is not.
>>22342727
>Could you hold through all that?
>assuming he will still be alive in 2 years
Take it one day at a time.

>> No.22344130

Bump

>> No.22344361

Bump