/biz/ - Business & Finance

>>9152751
THIS

To the moon, baby.

>>8205367
Implying they could have their own currency that they don't share with anyone else. What would they pay their wage slaves with? What would they buy food with? Etc.

>>8192340
Proof of Work is not the source of a cryptocurrency's value. Market demand is. Just like you cannot make rocks valuable by picking them up and putting them down 1000 times. Monero will survive as the #2 crypto and it is proof of work, but notice how Monero is ASIC resistant. The point of proof of work is not to make the currency valuable, but to prevent the verifiers of transactions from becoming centralized so that they can't double-spend. Ripple solves the double-spend problem by using trusted validators that can stop trusting validators that act against the best interest of the network. At this time, Monero can't un-trust a miner that is acting against the interest of the network, and if there were double-spends, they would need to make a hard-fork.

>>8179063

>>8129485
Thanks for the compliment. I do it for fun and to give back to the board that shilled me on XRP and XMR. I want as many people as possible to become millionaires from this.

>>8022154
>crypto will have to fall to near equal regular currency for it to be effective

The market cap of the US Dollar is about $15 Trillion. The total supply of all central bank paper and electronic currencies is more than $90 Trillion.

>>8009939
>>8009954
>>8009972
>>8009996
No-ripplers BTFO.

>>8009956
My target is $1000. This is based on a few assumptions.

1) XRP becomes the preferred medium of exchange for international payments.
2) because of the above, corporations and individuals hold XRP as a store of value because there is constant, international, Trillion-dollar demand.
3) Ripple does not sell ass 55 Billion XRP that is in escrow. They hold 50 Billion XRP in escrow and make it last at least 100 years. XRP would have a market cap of $50 Trillion. Ripple labs becomes the head central bank of the western world and uses its reserves of XRP to selectively intervene in the financial markets.

There is more than 90 Trillion central bank paper and electronic money in the world today. This is only what the central banks have publicly admitted to printing, so who knows what the real number is. XRP can absorb $50 Trillion of this liquidity and save the Western financial system.

>>7975389
Invest in the crypto that has more corporate partnerships than Ripple.

https://docs.google.com/spreadsheets/d/1E1AcLBd_ykemoDAPwZsbl5f2wyrS7RhlAt94CrHXTAg/htmlview?pli=1#gid=1168577263

Pro tip: you can't.

https://docs.google.com/spreadsheets/d/1E1AcLBd_ykemoDAPwZsbl5f2wyrS7RhlAt94CrHXTAg/htmlview?pli=1#gid=1168577263

>>7937429
>Coping this hard.

>>7821905
I think $1000 is as high as it will go. It will be the new world reserve currency at that point.

Ok cool. What's your EOY price target for XRP?

>>7790990
We get paid with gainz.

>777777

100% XRP

...to be at 200$ in the next 5 years ?