/biz/ - Business & Finance

>>22533901
LINK will win

XRP is entirely premined and the first 32,569 ledger entries are missing.

Soon cRipplets are going to be saying that "the switch flip" will skyrocket XRP to $0.25. Oh nonononononono

The Howey Test is the SEC’s principal method of determining whether or not an investment is a securities offering.
>Was there an investment of money in the transaction?
People paid money to obtain XRP tokens. Obviously there was.
>Are the returns shared by those that have invested based on the efforts of a common enterprise?
Yes. XRP holders all experience gains and losses when the value of the token fluctuates, influenced by if not based on the efforts of Ripple. I should also note that XRP is clearly centralized in the hands of Ripple.
>Was there an expectation of profit?
Just look at any XRP thread on this board, you'll find the answer. Every retail investor is buying because they intend to profit.
>Did profits come wholly from the efforts of the third party investors invested in?
I do not think anyone will disagree that the fate of XRP is tied to Ripple and the substantial effort Ripple puts into promoting XRP. I also don't think anyone would disagree that XRP's growth and corresponding profit for investors is driven by Ripple. Investors rely on Ripple to promote XRP, drive adoption, create new products and increase the value of the token.

In conclusion, cRipples are going to get BTFO tommorow.

>>21846742

>>21030266

>>16846736
Delusion the post

Go fuck yourself Galgitron. XRP is a failed shitcoin. $0.00589 EOY!

>>16838536
Shut the fuck David. Shill your shitcoin to the braindead on twatter and plebbit. Ripple the company would be worth investing in, XRP is literally worthless.

>>16787879
They really did. Search #XRParmy on twatter then try not to lose it from how fucking dumb these people are. XRP $589 EOY!

>>16600112
>>16600127
>>16600151
>>16600171
>>16600198
>>16600357
>>16600765
>>16601377
Imagine investing in this ponzi and thinking you're going to get rich. Can you imagine anything more retarded? Can you?

>>16077880
What's it like having 21 chromosomes?

>The Problem of Liquidity

>Ripple’s stated goal of this incentive program is to lower what it calls ‘liquidity cost.’ “Since we’re offering the incentives in XRP, we anticipate seeing an added benefit of building an easy on-ramp for institutions to use XRP in their payment flows to lower liquidity cost in the future,” says Monica Long, SVP of marketing at Ripple. “Early reception of these XRP incentives in a test phase has been very positive.”

>The question of liquidity cost, in fact, is at the heart of Ripple’s international payments product strategy. For XRP to work as an intermediate currency, banks or other institutions must maintain sufficient reserves of XRP in order to respond to requests for transactions.

>However, there are two massive problems with this approach. First, XRP is simply too volatile. “You need someone to provide the liquidity to be able to change into and out of Ripple,” explains Martin Walker, director for banking and finance at the Center for Evidence-Based Management. “And holding Ripple, a currency which has seen its price drop 80 percent and then back up 100 percent in the course of the last two months is just not credible.”

>Second, maintaining liquidity in XRP doesn’t solve the core problem with money transfers from countries with more stable currencies to those with less stable ones, as such transfers generally go only one way. For example, for a financial services firm to handle payments from the US to Guatemala, it would need to have liquidity in Guatemalan Quetzals in order to disburse payments. Liquidity in XRP would be useless.

>>15287832
Let's hear it then anon, pretend I'm retarded. Should be easy for you right?

>>15186717
>Eh the thing is, Ripple is a growing company. Every year, they get bigger
HAHAHAHAHAHAHA
You can't be serious. All those "partnerships" are made only so they can unlock rest of their pre-mined shitcoin to dump safely. Pic related.

Read this too.
>https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/#222af06b79a4

>https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/#222af06b79a4
Truth about Ripple.

Desc: ripples business model
Keep this thread alive I'm sure more anons have alot more to contribute.

>yfw when Ripple is taken down by a bunch of autists on a Mongolian basket weaving forum

Truly is the time to be alive.

Desc: ripples business model
Keep this thread alive in sure more anons have alot more to contribute. >yfw when Ripple is taken down by a bunch of autists on a Mongolian basket weaving forum
Truly is the time to be alive.