/biz/ - Business & Finance

>>30282715
> https://coinmarketcap.com/historical/20180104/
> BTC $16K
> ETH $1K
> XRP $3.50
But Ba Ba Ba Banks

>>30227842
> banks will buy XRP
are newfags still falling for this?

>>23504133
>In 2017 XRP was called "banker coin".
This is really a scam narrative used by Ripple to con low IQ crypto investors into some bullshit like banks have trillions of dollars lying dormant in nostro vostro accounts and XRP is going to be used as global settlement standard by banks to free liquidity across the world. Hearing "nostro/vostro", "liquidity", "settlement" and banks made gullible crypto retards think they are smart and essentially the thinking was banks would come buy their bags. Garlinghouse and scammers were pretty much guaranteeing banks would use XRP at the end of 2018 and a magnitude of banks would use XRP in 2019. End of 2020 NOT a single bank is using XRP.
https://www.cnbc.com/2018/06/05/cnbc-interview-with-brad-garlinghouse-ripple-ceo.html

>>23332675
> 100 Billion tokens gift it to themselves
> Uh tokens were gifted to Ripple and its founders by Ripple Labs
> Use case is it will be used by banks as a global settlement currency to free trillions in liquidity in nostro/vostro accounts
You have to be absolutely retarded to fall for this low IQ scam. What type of retard believes that banks will buy some chucky cheese shitcoin created by scammers who own the whole supply for cross border settlement? The reason this and a ton of shitcoin founders aren't in jail is crypto creates a grey zone and there aren't clear regulations banning frauds like this

>>22385270
major banks will start using XRP in 2018. What is this FUD?

>>22150376
> Nostro Vostro Mumbo Jumbo banks will buy your bags of XRP
And not a single bank uses XRP after Brad Garlinhouse guaranteed dozens of banks would use XRP by the end of 2018 and a magnitude of banks would be using XRP in 2019. Ripple has been scamming noobs with the bank adoption of XRP use case for 7+ years now

>>21863920
I've de-risked myself of useless shitcoin scams.

>>21638520
Scam money from retards to pay Clinton, Madonna, Snoop Dog and high profile execs. Scam money from you to pay MoneyGram to claim they are using XRP. Use Case: Scam Idiots

>>21440157
Major banks will be using this in 2018. In a parallel universe this probably happened. In our universe XRP is relying on $589 memes and conspiracy theories of IMF adopting it as muh the Standard to dump tokens on retards

>>20034125
Patience is the key. Major banks are going to be using XRP by the EOY in 2018.

>>19682937
That's right zero use case. Look at all those banks using XRP kek

>>19639354
Don't worry, major banks will be using XRP by end of year 2018

>>19361557
Ignore the FUD. Major Banks will be using XRP in 2018 Mr. Garlinghouse has promised.

>>19312015
Major Banks will be using XRP by End of Year 2018. This is going to be huge

>>19112948
>I fell for FUD but since June 2017
In May 2017 it was over $0.40. Today in May 2020 it's under $0.20. It's not FUD. People were told not to invest in this scam and unless you timed the pump and dump just right almost everybody would be better off not touching this dogshit.

>>18937063
> Ripple is literally paying them to use it
> Ripple is literally buying XRP themselves in MXN/AUD corridors because there was no liquidity
The whole point being to hype of hur dur ODL volume hur dur actual utility so retards like you buy this shit since they can't scam people with the narrative that banks will ever use this anymore

>>18777175
You're holding a scam that is worth $0.22 and it was worth $0.35 in May 2017 3 fucking years ago. Most bought it FOMOing when it was worth $1 to $3 believing that banks were going to buy up and use some scam token. If you bought BTC 3 years ago and/or DCA into it, you would have made quite a bit of money instead of getting scammed. Who is seething? People that made money or retards who got scammed holding heavy bags trying to rationalize their retarded investing decisions?

>>17624696
>founders cashed out
80% is still in the hands of a handful of wallets.
50% is still controlled by Ripple.
Jed Mccaleb still has most of his in locked and will be available for dumping in the next two years

>>17595123
MAJOR BANKS have been using XRP since 2018.......in an alternate timeline where the world runs on scamcoins and retards are filthy rich

>>17484388
> Major Banks
Promised at end of year 2018 and 2019. Instead Ripple scams investors and uses the money to overpay for MoneyGram stock which has tanked from ATH $282 to current price $2 while most companies have reached new ATHs in the market. MoneyGram lost money again in Q4 and looks like it's about to collapse and go to $0.

>>17337806
The charts should tell you that you're being scammed by a pump and dump cycle of hype and lies. These scammers promised major banks would be using XRP by end of 2018. They've been touting a long list of banking partnerships and POCs since 2016. You can't be this stupid.

>>17239275
shit tier Mexican exchange. on demand liquidity hur dur retards forget that major banks using this was promised at eoy 2018.

>>17226309
This
>>17226326
That's a lot of shit. Sorry you fell for an obvious scam. Retard.

>>16957332
Major banks will be using XRP by EOY 2018. Buy before it's too late.