/biz/ - Business & Finance

>>18746060
Specifically with XRP? I don't really know what you're asking.

>>18644317
You're a moron if you still think XRP is a scam.

>>18607094
>Ripple's software is what reduces the cost and time of transactions
No. Ripple's messaging system is really no different to Swift GPI. It's a tool is to get people into the ecosystem. With xCurrent you do not get instant settlement, you do not remove the need for nostro/vostro accounts and you do not get on demand liquidity. You speak so authoritatively and yet you don't know the difference between instant settlement and instant payment.
Without XRP, Ripple would not have a competitive advantage over Swift or really any other payment system.

Thanks for the screenshot btw.

>>18547457
It really just depends on how long you are willing to hold. XRP will eventually reach triple figures I'm just uncertain about the time frame. You can decide what your 'make it' stack. While I think we're very close the bottom I don't see anything happening this year but I could be wrong.

>>18334468
This screenshot was from a pretty well known crypto youtuber. And the source was from asia news leak. Its very weird how Ripple wants to hide this partnership out of all others, meaning its pretty signifcant

i say theres 50-50 chance Ripple is bought out by BAC

>>18085202
Liqudity.
But the feds don't have to adopt XRP in order for XRP to be successful. I personally don't believe that they will.

>>18040029
It depends entirely on the cryptocurrency. The vast majority of cryptos will die off because they actually have no utility. You invest in cryptos that are actually being used today, and will be used exponentially more in the future eg. XRP.

>>18009195
>XRP's volume is pretty poor for a T10 coin though.
You didn't read what I wrote. XRP currently has poor speculative volume, because the only thing driving the crypto market is speculation. This next sentence is very important. Only XRP has a powerhouse like Ripple that paying millions of dollars to give XRP the liquidity that is necessary. No other crypto has this and therefore they are just relying on speculation.

>Some redditar message one of the banks in ripple net if they were ever going to move onto XRP odl and they said "no my friend".
No. Ripple did of Proof of concept with a central bank (Bank of England) and they aren't using ODL right now because of a lack of regulations in the UK.

>i almost wish ripple payment never existed and Bran and Schwartz forced these businesses to use ODL.
They did this initially but banks were too hesitant to immediately use a crypto. xCurrent allows bank to come onto Ripplenet and when the time is right it gives banks the option to use XRP as settlement. Eventually the default will be to use ODL.

Remember the BoA leak? Just wait a couple of months.

>>18008451
I own zero bitcoin. The only cryptos I own are XRP and a smaller one called Lition. I am certain there are other valuable projects out there but these are the ones I'm most interested in.
XRP is easily the most hated cryptocurrency not only here but also on Reddit. It's in part due to the radical nature of the community and how many people in the community are so ready to believe in conspiracy theories. XRP is at the moment the only crypto that is actually already being used at a moderately high scale by financial institutions. If you want to learn more go to galgitron.net. He's an asshole but he knows what he's talking about.

Also there was a leak that Bank of America will be using ODL (so they will be using XRP), and this has even been indirectly confirmed by Ripple because they DM'd certain XRP youtubers to take their content that covered this down. I'm not a big fan of this guy but he covers the BoA leak pretty well https://www.youtube.com/watch?v=nZarB1gIQMw.. Note this was before the DM's requesting the content to be taken down.

Remember XRP is the most hated crypto in the crypto community. You will find a lot of bullshit and simply incorrect FUD. You will also see plenty of XRP moonboys who have no idea what they're talking about and just accidentally stumbled on a decent crypto.

>>17975066
As an incredibly bullish XRP holder it's because the majority of the people in the crypto space (which extends to XRP) are complete and utterly retarded.

>>17975223
No you idiot. People know that it will be a global bridge currency. No one thinks it will replace the dollar, not even the most stupid people in the XRP community.