/biz/ - Business & Finance

>>13570058
(((they))) are never gonna make it

>>13570058

This shit bled for 3 years after the 2013 bubble. It stayed around 700 sats. It's 7 times that right now. Way overvalued.

Do the exact opposite of whatever people on this site say to do kek

>>13570093
Godspeed, anon. I wish you could see what is coming

>>13570058

I made that image teehee cripples are guna be sad pandas

>>13570121
Same to you anon.

Socially engineered double psychology is very real. Best of luck to you

>>13570153
CTO massively cashing out his own XRP holdings at the bottom cause "his wife told him to" should guide you to the right direction

>>13570058
>holds absolute shitcoin for years
>could sell at $3.65 nope
>could sell at 90 cents nope
>could sell at 40 cents nop
>sells at 30 cents

When violent reversal?

>>13570058
Buy Signal. Thx

why is that piece of shit not pumping????!!!ppkklkoijop^¨$$

>>13570213
It’s not possible he is appearing to cash out his Xrp but not gonna debut for the pump? Not possible they make it seem they have no idea when certain coins pump or drop when in fact they do?

Didn’t he sell all his ETH right before that pumped? Hmmmm then he can say “OY VEY!! I had no idea that was gonna happen!!” Throwing a few useless shekels away to throw off the goyim isn’t an impossibility. Everything in this world is lies anon. Lies within lies...especially in this shady ass sector of subhuman greed

>>13570093

>>13570058
Ripple the company is unique in the sense that it doesn’t make money from selling its product. It makes money by selling its stash of XRP coins to naive “investors” (let’s call them “XRP bagholders” for more clarity).

Ripple is very transparent about this – they even issue regular reports like this one
https://ripple.com/insights/q4-2018-xrp-markets-report/, where they announce how many XRP coins they’ve dumped on XRP bagholders.

In 2018 alone, Ripple has made over $500 million selling XRP coins.

XRP bagholders buy XRP coins because they believe that XRP coins are worth much, much more than what they’re selling for right now. The reason for that belief is that Ripple goes to great lengths to communicate on how its technology will change the world, and how it will be used by every financial institution for transfers and settlements – which is the core of banking.

The main argument for why XRP coins are worth something, is that Ripple’s technology will supposedly render obsolete the nostro/vostro account system, which supposedly requires $5 trillion to be frozen today. Because this pile of cash will be freed up, the reasoning goes, it will be somehow replaced by XRP coins, thus somehow giving XRP coins an equivalent market value of $5 trillion, or $50 per coin. This is all explained on Ripple’s own website.

Currently, XRP coins trade at around 30 cents, so the nostro/vostro argument induces hopes of 15,000% returns for XRP bagholders. Other Ripple-friendly sources have gone to great lengths to inflate this potential valuation, suggesting that one XRP coin could be even worth over $500.

>>13570336
in bg123 we trust

>>13570269
Fair point

Kek, I wonder how they’re doing

>>13570058
Thanks for this. New fag here and I knew this before you. Get with the times old man.