/biz/ - Business & Finance

>>29677402
>>29676282
your ID says "epoch" in it btw

this website shows how much Jed is dumping. anyone wanna speculate how this graph is going to look through the rest of February? This week seems like there's been some price movement, will it go back up to 38 million/day?
https://jed.tequ.dev/
I wonder if it's correlated to institutions (like Saudis, UAE, Turks, Indians, Japs, Thais, Mexicans, Kuwaitis, etc) needing XRP to set up their cross-border payment systems. like if more banks need more xrp then they'll let Jed release more, which is then sold OTC to the Ripple customers.

>>29677109
i'm not scared of Discord in general, i'm scared of sketchy Discords run by people who seem to have bad intentions

>>29677402
yes this is the conclusion i've come to as well. Satan, at the deepest level, is working together with God, and rebelled in order to give the illusion of separation (so as to provide a test for his subjects)

>>29008177
how about this:
remember that cross-border payments, remittances and real-time gross settlement are just Ripple's phase one (like Amazon was for books). (picrelated) and many other things (Polysign, for example, and Flare) point to Ripple having their sights set very high indeed.

Remember this when it goes to $5 or $6 or even $50 here in a week or 5. Don't sell all your XRP- hold a stack, just forget about it for a few years even if you don't decided to use Flare. This is going to be so big. A Ripple VP is on the Board of Directors for the organization that's developing FedNow! They just got issued the patent for On-Demand Liquidity, guaranteeing their centrality to digital payments over at least the next 17 years! Do you know how many quadrillions of dollars will flow through the XRPL in 17 years!!

It's funny. My car's dead, I've been living off beans and rice, my landlord and parents think I'm crazy for living like a monk. But I've never been so sure of anything in my life- this is going to be absolutely huge- and since we're seeing it early, we will be able to benefit from it.

>>28649917
it's funny, in Boccacio's Decameron (500+ years old) the corruption and pedophilia endemic to the Vatican is a running joke. Some things never change I guess. or, to be honest, sometimes I think that the Vatican is actually just the continuation of the Roman religion, that Constantine actually just paved the way for the Romans to take over/co-opt Christianity.

>>27782676
picture very related

>>27678205
some links 4 u:
https://www.coindesk.com/bis-plans-platform-for-testing-central-bank-digital-currencies-in-cross-border-payments

https://blogs.imf.org/2021/01/14/legally-speaking-is-digital-money-really-money/

https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment

https://cointelegraph.com/news/imf-leader-on-digital-payments-for-skilled-trades-workers

https://www.yahoo.com/entertainment/bank-england-pick-ripple-partner-125908421.html

https://u.today/xrp-acknowledged-as-fast-and-cheap-bridge-currency-in-new-g30-report

https://modernconsensus.com/cryptocurrencies/ripple/ripple-partner-temenos-to-power-swiss-digital-investment-bank-flowbank/

https://coingape.com/citi-extends-partnership-with-ripple-powered-volantes-volpay/

https://dailyhodl.com/2020/11/07/financial-giant-sbi-to-test-xrp-in-6-6-trillion-foreign-exchange-market/

https://www.nasdaq.com/articles/sbi-teams-up-with-swiss-six-exchange-to-offer-institutional-crypto-services-in-singapore

https://www.weforum.org/organizations/ripple

http://www3.weforum.org/docs/WEF_CBDC_Policymaker_Toolkit.pdf (page 19)

https://dailyhodl.com/2020/04/08/bank-of-america-executive-touts-partnerships-with-ripple-and-swift/

https://www.finextra.com/newsarticle/37288/citi-picks-volante-for-global-iso-20022-migration

https://www.bankofengland.co.uk/research/fintech/proofs-of-concept/ripple

https://eng.ambcrypto.com/ripple-partners-moneygram-ria-to-power-walmarts-money-transfer-service/

key concepts:
Ripple is a neutral bridge currency which will intermediate between central bank-issued digital currencies like the digital dollar, digital yuan, etc

Ripple eliminates the need for nostro/vostro accounts in currency transfers

XRP is the native token of Ripplenet which banks use to send payments as part of Ripple's xSpring and xRapid and other products

Cross-border payments is to Ripple as Books are to Amazon

We Are All Going to Make It
XRP will be $2000 by the end of 2020

>>27425921
i was waiting for it to hit $1.00+ to swing 10% my stack, i had my XUMM wallet/Bitstamp account all set up, but I crashed and went to bed and when i woke up the dump had already happened

threadly reminder that XRP:Cross-Border Payments::Amazon:Books (pic related)

>>26060362
you retards don't even know how big XRP is going to be. we're about to be switched to an economy based around digital currencies issued by central banks, XRP will be the bridge between them. In the meantime, as the legal foundation for that system is getting set up, XRP will be used in the cross-border payments and ForEx industries. Eventually it will take over derivatives (pic related)

If you don't buy XRP right now you will hate yourself and experience persistent suicidal ideation until you inevitably choose to end it. At least put a few hundred bucks towards XRP- get yourself 1-2k. Then, on the off chance that we're not all schizos- you still won't kill yourself. As quickly.

>>25684888
checked, show me another crypto company that has even been in the same room as people of that caliber of power in the financial industry let alone partnered with the institutions they represent

Ripple is going to be so fucking huge mang (pic related)
Ripple:Crossborder payments::Amazon:Books

>>25290000
checked. seems like your bot is glitching out though.

>>25270466
welcome, fren. pull up a chair.

>>25066184
it means this is kabuki theater and the outcome is already decided, and it looks good for Ripple. XRP is on sale right now, buy more.

OH SHIT OH FUCK

>>24716980
Wow so this is how XRP hits $2,000. Kendra Hill was right when she said "Ripple does not care about cross-border payments" and that "the true intentions of Ripple are to handle 100% of the transactions which take place in the derivatives market." This is the only logical way XRP could hit a price target that high

>>24692928
so, what do you propose? that the IMF and central banks have been developing digital currencies in secret that they will suddenly unveil?

explain why banks would suddenly choose to give one of their competitors a huge share of the market by using their inferior product instead of a product developed by a neutral third party and endorsed by a large number of the most reputable institutions in the world (including but not limited to the IMF, WEF, BIS, BoA, BoE, ECB, and central bank of Japan?)

they're not "handing over their wealth to Ripple," they are using products developed by Ripple, products that work better than anything else on the market and which will give them a competitive advantage

you are pretending like this hasn't already been decided in advance. are you trolling or dumb?

>>24670638
i think you should hold. remember, when the price increase happens, it will happen very quickly, and you won't be able to buy back in. the risk to benefit ratio, in my opinion, is skewed towards risk- you might make a little money, but you stand to lose your ticket to generational wealth.

i just realized the 2k eoy thing is real