/biz/ - Business & Finance

>>15067224
Scotty doesn't know meme was started by David Schwartz

Because XRP is fucking garbage. Kill yourself retarded cuck cleanse yourself out of the gene pool

Ripple abandoned the token in 2014 you literal mouth breeding plebbitors. The pump was only the result of scamming normies with 08/15 marketing techniques

deserves to go to zero

>>15067260
one more time and I gotta call Bogdanoff!

What the fuck is sbi?
I’m clued into all normie pop culture. If I don’t know what sbi is, no one else does, and won’t pump your coin.

>he is unaware

>>15067859
of what?

>>15067880

>>15067826
If anyone on this board did an ounce of research into XRP, they would realize Ripple and XRP are the only blockchain project that is adopted and being used RIGHT NOW (not even 1 or 2 companies, significantly more adoption than any crapto you name).. Wont bother trying to spoon feed anyone here, clear manipulation and those that spread FUD without knowing any details will unknowingly throw away an easy opportunity to increase sats (just like every other time XRP and alts died)

>>15067224

if you DOYR you would have known this. you would also know there are numerous patents being filed. the fact that the gov hasn't set laws in addition to large OTC trading with patents being released now should tell you why its not pumping. the real and only question is when do the floodgates open

>>15067224
/biz/ killed it

>>15067224
This is going back to 1 penny and the whole space will soon be flushed. Best to stick to meme coins like Zuckbucks and sub 1M cappers if you really wanna make it.

>>15067919
/biz/ doesn’t have that kind of power.

>>15067224
Wait are you new to crypto? It was well known that ripple was a scam from the beginning. We laughed at it on /b/ in 2012 before there was even a /biz/ board.

>>15068015
you sure?

>>15067905
There a lot of different opinions about that shit. Some claim how utility will pump XRP, others say it doesn't effect the price at all

>>15067910
who is in charge of the floodgates? the banks' Ceos?

>>15068082
Forget all that, most people in crypto who speak their mind on the net are complete brainlets. All that matters is that it is being adopted by real institutions / banks more and more everyday, more so than any other project out there. Price is being suppressed, and one day (likely before EOY), they will let go and allow this bad boy to go crazy. If there weren't savage XRP whales like you see now, XRP would react better to news like most other coins.

These big whales aren't exiting anytime soon I'll tell you that much. But as we all know, it is easy to talk down a digital asset when its down

>>15068159
Why are the whale dumping their XRP instead of accumulating more? That's what I'd do

>>15068226
When you have that much coins / money, you literally control price action, and can accumulate easy. Imagine if you controlled the direction somewhat, you would be able to sell / buy easy, the limitation would be if you dont have enough brainlets to sell into your buys

In case you wonder why everyone fucking hates Jews.

>>15068082

everyone has a different view on that. some say once the SEC and congress pass TTA or bussiness protocol it will allow every partner to declare capital in xrp = vol spikes = chain reaction. others say its whomever the first mover (first to trade stored vostro capital to digital) since japs and arabs are already balls deep in this this compared to america. could even be ripple itself deciding to disclose OTC transactions.

>>15068370
If I read it correctly Ripple said in their last report that they'll at least reduce their xrp sales in the next quarters

>>15068417

contrary to popular belief ripple dumping on the market "programatic selling" is negligible on the price. why? because they're selling as much or close to figures from the escrow, the difference is the escrow is OTC and the dumping in in the open market so the marketcap, the volume, the real players in xrp is stagnant, quiet, and the real value is not even really calculated because if some unexpected shit hits the fan the big players can wash thier hands of it all and say nothing happened.

>>15067224
>>15067905
>he doesn't know
Ripple is dumping another billion tokens on you, check whale alerts

>>15068417
>>15068597
Their selling was inflated by a factor of 6 last quarter. Whether or not they knew CMC volume was misleading is another thing, but we know with certainty that the factor which determines the # of xrp sold during programmatic sales should be reduced to 1/6th the value used in the last quarter going forward. Add in they stopped OTC sales, implies institutions will have to source their xrp off exchanges or similar

>>15068619
Happens the first of every month, that is the supply inflation for XRP. The non-circulating supply is in an escrow, every month 1B XRP is ready for release and sold, and usually 70-80% is not sold and thrown back into escrow for 55 months. But a newbie like you wouldnt know that of course, you just eat up narratives like candy

>>15067260
Totally not an exit scam

>>15068619
hey dumbass, they do this every month. and guess what happens when they don't sell it all? they put it back into the escrow. that's why its call an escrow. and guess what one of the rules of the escrow is? to sell only to institutions, so whoever is buying any bit of that billion is a bank

>>15068638
there's no certainty that whomever is buying in the millions isn't going to just buy more from the escrow, there's also no way to tell if that amount is being reflected in the market if its being held by a costodial service for whatever reason (NDA, SEC, FTC, etc)

>>15067224

Lol. You shitcoiners will never figure this out will you?

>>15067905

LOL we can smell the desperation from your post from 50 miles away

>>15068840
Haha, think you need your eyes checked. OP is a classic example of what desperation looks like

>>15068973
I have 20 000 XRP and want a Lexus LS.

SHHIIIIIIEEEEEEEEEEEEEEEEEETTTTTTT

>>15067224
Bought some xrp this week hoping for alt season 2.0 did I fuck up ?

https://twitter.com/whale_alert/status/1156716655629754368

>>15069581
Thats a lot of bags.

>>15067224

>SBI

how could it not moon with all these big banks using xRapid?

> catalyst corporate federal credit union, cuallix, euro exim bank, mercuryFx, sendfriend, transpaygo, viamericas

fucking SCAM

>>15069581
hey dumbass, they do this every month. and guess what happens when they don't sell it all? they put it back into the escrow. that's why its call an escrow. and guess what one of the rules of the escrow is? to sell only to institutions, so whoever is buying any bit of that billion is a bank

>>15069821

>>15069821

> He thinks Ripple doesn't dump

ONE fucking BILLION dumped by ONE wallet in Jan-Feb 2018

https://bithomp.com/explorer/rDahLhHJaowRYn4hRkS9S2YpAeiTR8mjBF

>>15069932
>no corresponding increase in circulating supply not related to 6% total Mcap
> goes to exchange wallet for retail buys
>still not connected to escrow wallet
no relevance on escrow wallet, plz try a bit harder

Should I at least buy an inconsequential amount of XRP? is it worth it at all?

>>15070369
nope, this shit will never be used and will never pump, better use you money to play some lotery

>>15070408
What about alt season 2.0 won't it pump with the rest of them ?

>>15070428
it could pump a few percents, but why bother with that shitcoin when other coins will pump more?

>>15067905
>only
Kys idiot

>>15068677
>and guess what one of the rules of the escrow is? to sell only to institutions, so whoever is buying any bit of that billion is a bank
No it isnt. they do "programmatic selling" that is dumping on the market with a bot.

>>15069821
hey dumbass, they do this every month. and guess what happens when they don't sell it all? they put it back into the escrow. that's why its call an escrow. and guess what one of the rules of the escrow is? to sell only to institutions, so whoever is buying any bit of that billion is a bank

>>15072214
enough with this fucking pasta
>they do this every month
they do this every month and it's one of the reason ripple is a piece of shit