/biz/ - Business & Finance

>>13317137
Welcome to the club.

>>13317137
XRP is an easy moon in the medium term. All the FUD should make it obvious.

>>13317367

I haven't heard of a single one of those shit companies.

>>13317137
In fact, nobody outside Reddit and Twitter crypto circles is talking about it. It's a dead project. Sorry.

this.

if you look cryptotwitter #XRP its just full of hate and misinformation.

its liek a sign to buy for me.it just tells me to buy more.

then they adore some stupid shitniggercoins with 1 million lunch money budget.

fucking ripple has bigger marketing budget than most of the coinmarketcap top100 coins. (300 million dollars)

makes you think huh? go buy your pajeetcoins from idex stupid nigger.

>>13317536
Sorry forgot this. And people calling linkies delusional lmao

>>13317137

It receives hate because it's a marketing scam.

It says it's for banks. Banks don't use it and call bullsit on it.

Crypto community hates it because it's one company that owns the majority of supply and runs a centralized trust based network.

>>13317137
(((Swift))) has had a stranglehold on the banking infrastructure for so long. They're terrified, because their infrastructure was designed in the 1970's and there's no easy way to upgrade it without flat-out replacing it. They're working on a smart-contracts platform, but it was never meant to be anything more than a bandaid solution to run on top of their dated tech.

I foresee a Swift-Ripple partnership, or Swift flat out buying out Ripple.

>>13317581
Yeah, I am sure they are literally shaking

https://ambcrypto.com/ripples-xcurrent-powered-money-tap-faces-major-setback-after-japans-resona-bank-discontinues-collaboration/

>>13317573
"its a scam" LOL why would it been in coinmarketcap top-5 since 2013 if its a scam? LMAO. ripple is older than Bitcoin. fucking these fudders are stupid.

>>13317558
How many of them use XRP for anything? How many of them OWN any XRP?

>>13317594

Ripple does not predate Bitcoin. There was a company called RipplePay. Satoshi actually references this network.

The Ripple of today was found in 2012 with the XRP token and all to generate money from themselves.

The fact that they have been claiming for 7 years that banks will use XRP and buy your bags should tell you it's all marketing.

>>13317137
>can generate as much xrp at any time
>no proof it's actually backed to fund the generation of xrp

kek

>>13317684
>>can generate as much xrp at any time
How do you propose they do this?

>>13317684
>>13317573
this is exactly what op is talking about, we have heard this same shit thousands of times
>hurr durr centralized trust based
>muh print xrp

>>13317508
you are unironcally retarded then, but the fact is more that it's not true.

>>13317602
None

>>13317137
We don't hate the project, we hate ripple-fags who bought at $4 and try to shill their way back to that price point so they can dump. You're never going to break even dumb fucks so stop polluting this board and twatter with your fucking nonsense.

>>13317756
just go through their whitepaper, it's hard coded
and they make all of this very clear

DAILY REMINDER UNLESS YOU BUY BTC OR ETH, YOU ARE BUYING A CENTRALIZED SCAM THAT FOUNDERS WILL DUMP
ON YOU AT ANY MOMENT TO FUND THEIR COMPANY

>>13318247
100 billion XRP were hard coded into the genesis ledger. Where in the whitepaper or code is there a mechanism to create more?

>>13318282
The creators hold 60% of XRP so they can basically create more by selling. They cant literally create more.

t. HODLing 30k Ripple bought at $0.35

> Available supply 41 Billion
> Total Supply 100 Billion
> Don’t worry anon it’s held in (((escrow))) they won’t dump on you.

kek

>>13317367
using RippleNet =/= having the token

>>13318357
Thanks for the info. I had no idea. /s

Maybe the dumbass should answer the question instead of allowing fud to be spread? There is a huge difference between selling existing coins and creating more on a whim.

>>13318435
How many billions of USD in bitcoin did miners dump in 2018? Maybe 4 or 5? If you're worried about selling pressure you are looking in the wrong place.

>>13318435
>Jeff Bezos has 80 million shares of AMZ
>16% of total company
he's like gonna dump on you all any day now. fuck all the partnerships and infrastructure he built, he's going to dump any day now to cash out you retards once and for all

>>13318357

those 60% are locked into smart contacts and to be released by rate of 1 bln XRP monthly. Unused XRP go back into the storage.

Typical level of Ripple criticism

>>13319950
Once a month ripple prints 1 billion xrp

XRP is a Jew scam. Buy XMR to subvert the JEW.

>>13320001

So, Ripple prints 1% of total supply monthly
And significant part of it goes back to be locked again

>>13320061

>show me how they can print more?!

>>yes

I have 1000 as suicide insurance

IF DUBS 589 EOY

>>13317137

>>13318281
>T-they will d-dump any time s-soon
>been cmc top 3 since 2013

>>13320161
1000 will be more than enough after we make it.

one ripple account is worth 20XRP which is like 6$ normies will fomo fight for ripple drops to even gather the required amount to run a ripple wallet account.

ripple will be the coin for elitist bankers and multimillionaires.

>>13317137
ITT pajeets shill a dead project

>>13317137
So much of the hate to XRP is NPC garbage

>>13317508

Exactly, that's why you won't make it