/biz/ - Business & Finance

>>16436524
i hope so

No take off til q3 2020. thought you guys should know by now

>>16436524
>LMAO there is always a crash before a liftoff, I mean it's been crashing pretty much non stop for the last 2 years, so there definitely needs to be another crash before the next crash so it can finally crash and then liftoff

what an utter crock of shit

>>16436945
Oh a random guy on 4chan knows when XRP will moon again. Sounds legit. I trust you. Tell me your source and I will go all in.

>>16438556
Search for the release dates of sbi groups money tap feature. This will be the only thing for xrp that will have a positive effect on price. Believe me or not, just as if i would give a shit, kek

>>16438570
January 1 2020, Laws change. banks are allowed to hold crypto without regulations.

>>16436524
>he thinks december 2017 is going to repeat

Baaaahahahahahahahahahaha

Total braindead buttfuck sell as long as its worth something.

You dont want to get the notification about the delisting when it crashes further

>>16438570
Is that why most of the Ripple employees sold their XRP shares already? Is that why David Schwartz sold his XRP as well?
Is that why BG says he's long BTC?

BTW the scheduled launch is planned for Q1 2020.

>>16438602
so far, sbi has never managed to hold on to release Dates, thats why another delay is expected. regarding schwartz you can look up why he sold, he gave the answer himself…..

>>16438629
So you're telling me, you already know that the delay will determ the release to Q3 2020? Just to understand you: You're having insider information or what?

Yes, I know what Schwartz said. He has an arrangement with his wife. But come on, lets be fair: Would you sell 90% of your XRP in 2019 because your wife wants to plan a future with you? Or would you sell like 30-40% and hold another 60-70% because you already know that the price will go up again (let's say in 1-3 years)?

Don't get me wrong. I'm holding XRP by myself. But let's be honest: all the partnerships, price predictions etc. are ridiculous right now.

>>16438652
you don't know how much his holdings are and how many wallets he has.

>>16438652
he's been spending money on shit like this

>>16438659
This, he said he didn't sell all of it and to secure some millions to comfortably live off is not a dumb thing.

>>16438659
I agree and money isn't everything. He already has his dream job + a family. I wouldn't focus on the Schwartz fact too much. But it's still silly to predict the moon for XRP since there is literally no sign for a take off. Ripple is a successful company but XRP is not more than a nice side-kick for now.

>>16438652
fact is. the Outcome of all the deals ripple has made to build up the xrp ecosystem will take way longer to be effective on price than exdpected…..
but if in September 2020 there is still no Change, Things will start to get ugly. also the court decision whether xrp is a security or not will definitely not come out in the first half of the year……..

>>16438694
Yes and I think thats where XRP-Holders should focus on. The security question is a way bigger then the SBI-thing. But that's just my opinion.
For now the market is too manipulated to make any realistic price predictions. Lets see what will happens when XRP stands on his own feet.

>>16438665
Sponsored by xrp bagholders

Schwartz isnt the bad one because he dumped his xrp. He knowswhats going on.

Its Miguel 'greedy' vias and his fraud buddy brad lyinghouse you should shame for the worst performing asset of the crypto market

>>16438680
>no signs

>>16438883

bring me something with 9/11 and I'll trust you.

what is xrp used for?

>>16438883
>>16438901

your meds are clearly not working

>>16438883
BAAAHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAH


CAREFUL GUYS
THAT GEMATRIA BULLSHIT IS THE BIGGEST SIGN OF MENTALLY RETARDED THERE IS - AND WE ARE ON BIZ

>>16439219
see you in a month.

>>16439483
at your favourite mental ward

>>16439483

BAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHHAHAAHHAHAAHHAAHHAHAHHAHAHAHAHAHAHAHAHAAHAHAHAHHAHAAHAHAHAHAHHAAHA
Do you play the same game like that buttlicker jacktherippler HAHAHAHHAHAAHAHAHAH

last year was a goldmine of idiots who supported the retarded phantasy of 589$EOY
It was new year and shit happened LOL all the idiots moved their goal to later this year and BOOOM nothing happened again hahahahahaha now its end of year so we start the retardations again

>>16440548
i hope you're flaming link threads this hard.

xrp is still #3, can easily flip eth within days. do you really think xrp is done?

>>16441260
I'm wondering how XRP could even reach third place to begin with.

>>16441260
I mean come one

>>16436524
Ripple is a 25 cent stablecoin which is slowly decreasing.

>>16438694

You're definitely wrong about that because ripple already has a motion for dismissal set for mid-January. And it will be dismissed.

Also David Schwartz still has millions of XRP in the wallet he sold from. He didn't even sell half from just that wallet.

>>16442795
based xrp poster

this shit can easily hit $15 on the next run up. or much much higher

Xrp and majors will have their day, but if btc ends up making one more final candle down to 4-6k region, expect xrp and other majors to also fall hard. Not crazy to see xrp between $0.1-0.2 this year believe it or not.

Let me make this clear:
IF YOU SEE XRP BETWEEN 0.1-0.2, BUY. You are brain dead if you don’t

Memeing aside, XRP's not going to start seeing any significant gains until

1. Ripple's escrow account that releases XRP every month is depleted.

And

2. Ripple finds a use for the crypto outside of xRapid. In it's current state, Banks are buying and selling it far too fast for it to affect the price. They need to find a way to increase the coin's value for xRapid and their business model to be worth a damn.

XRP has the best overall chances compared to other cryptos in the long term, but the keyword is "long term", and those chances aren't absolute. That shit won't be worth anything for 5-10 years, minimum, if it even succeeds. There's nothing wrong with stockpiling a little bit at a time, but if you're looking for a quick ROI, you're better off looking at other cryptos.

>>16443657
Ripples fucks whole escrow returned to escrow lol

They force their customers to go on the open market ufff they gonna raise the price after they dumped it low enough

>>16439042
Currently, on-demand liquidity for banks, but while that definitely establishes a use-case, it's not enough on it's own. As >>1644365 pointed out, banks buy and sell it as fast as possible, since it's a bridge asset between fiat currencies and has no value in holding for them, since the whole point is to make vostro accounts obsolete.

That said, if Ripple wants xRapid to succeed, they need to increase the value of XRP to accomodate larger cross-border transfers of money, so ideally, they need to establish a use for it beyond cross-border payments. If that happens, XRP's going to be the next big thing. Until then, it has a lot of potential, but little use beyond speculative investing.

Also, whether or not it's deemed a security will affect it's future. Won't necessarily be a death sentence, but if it is, then other crypto will have a bigger use case due to less regulatory hassles, which will affect the price considerably.

>>16436524
Well, thanks to this thread...
I just unironically bought 100k

>>16442795
Can you post this address and the transaction?

>>16444221
...I probably would have purchased a fraction of that with additional smaller increments weekly/daily and keep tabs on news and price changes before committing that much. XRP's got some good chances of mooning down the line, but the hype around the coin is encouraging emotional investing, and it could just as easily fall in value very quickly.

>>16444221
well that's a big gamble. I wouldn't bet on it. But even if XRp goes up to 50 cents, you will have nice gains.

>>16444221
well goddamn, congrats

>>16444333

https://bithomp.com/explorer/r3gRpQRDdu7pzPhM9nDmXMgskbJ6vwTDbB

>>16444372
yeah pretty much going for an x2 on this.

>>16444350
yeah, I sold 100k at 45 cent USD in late may. Intended to just take the profit and keep it out of crypto but my crypto portfolio dwindled quite a bit compared to my overall net worth so now I thought to put roughly half back in.
Was going to go in ETH with a low bid but this thread basically made me go 'fuck it, I'll just buy back what I sold and try to get another pump.'
We'll see how it plays out.

>>16438602
>shares
kek

>>16443657
xRapid? you mean ODL

>>16441291
It's got utility within the current established system, which puts it opposite of decentralized cryptocurrencies that can be devalued or even made worthless with the right piece of legislation.

Granted, XRP can be devalued by regulation as well, but people within the financial sector have less reason to fight it's adoption since financial institutions can benefit from the use of xRapid (which uses XRP) and thus have an interest in it's increase in value.

>>16438573
sauce on that?

>>16444541
>https://bithomp.com/explorer/r3gRpQRDdu7pzPhM9nDmXMgskbJ6vwTDbB
Thx, guy cashed in about 17 million in december and january.
Pretty based.
But nonetheless even during the mania he doesnt dump irresponsibly.
During a quiet day like today the legitimate exchanges like Binance, Kraken, Coinbase and Bitstamp trade about 200 million XRP
He never dumped even 2 million in a day even when the market was super hot.
Wake me when someone sends 10 million+ XRP to exchanges day in day out.

since when did /biz/ start warming up to XRP?

>>16443388
XRP will be #1 end of year, Bitcoin will be replaced because it cost too much electricity to run, it is already using more electricity than over 150 countries. XRP is more economical and is 1000x faster and a better technology.

>>16443657
XRP has more use cases than any other crypto combined.
it is light years ahead of the crypto space.

>>16444669
https://www.sec.gov/news/press-release/2019-207

>>16445533
Yeah but too bad jews control it

>>16445348
since they stopped being retarded and wanted to actually make money rather than lose it.

>>16445539
>>16445549
thanks for the link
>since they stopped being retarded and wanted to actually make money rather than lose it
I somehow doubt this, but I'm enjoying an actual discussion without retards screeching that it's a pyramid scheme.

>>16445545
Yeah, the thing is XRP is going to slowly bring in every bank and corporation onto the ledger, after everyone is comfy using it there will be 100% transparency meaning no more corruption. XRP will be used to deal a death blow to the deep state, there will be no more money laundering.

Brad garlinghouse said the way to change the beast system is to work with it not against it.

Ripple also made a new platform recently called Xsongs allowing you to sell music or anything on it for 100% profit.

https://www.xsongs.store/

>>16438722
Lol there are worse performing assets, and during the 2017 run it was the best performing for a time.

>>16445577
Yeah, but the problem still exists in that Banks have no reason to hold XRP, since it's practicality lies in it's use as a bridge currency between two fiats. If Banks don't hold, the value stays low.

>>16446093
banks werent holding when it hit $3

can you stop posting now?

>>16446238
Don't get me wrong, I'm not ruling out the possibility of another impromptu bull-run, and I'm holding specifically in case of one. Bull runs can happen with almost zero provocation, and it's difficult to predict if and when one will happen.

From a practical standpoint, however, Ripple's primarily focused on an issue with the financial sector, and their XRP token specifically alleviates the liquidity problem, but unfortunately, since it's a bridge asset between currencies, by nature it doesn't involve holding the asset, which is what needs to happen for the price to go up, and right now, there isn't any reason to hold the asset outside of the potential for profit from it (us, essentially.) The escrow shenanigans doesn't help it's case, but if you time it right, it will certainly make buying it a lot cheaper.

XRP's value is currently dictated by speculative investing, NOT it's actual use in ODL, though in the long term, it's usefulness in ODL is directly tied to it's value; ODL is a proven concept, XRP needs value to be used as a bridge asset for larger transactions. Ripple's business model requires them to find a way to increase the value of the coin to actually solve the liquidity problem, so establishing a use for the currency outside of financial institutions is undoubtedly part of the plan (>>16445625), which will increase it's value in a more natural way that doesn't rely on wild card investors acting on emotions. If Big Money is the focus on it's practicality, then attracting Big Money with it's overall value is not only the next logical step; it's an absolute necessity, since XRP's practicality in the financial big picture as a bridge asset is directly tied to it's value.

To Ripple's credit, XRP EASILY has the groundwork for it to become the most successful crypto on the market, and once the escrow's out of the picture and they've actually given some more focus on it's use as a more direct currency, people will be glad they held onto it.

>>16436524
xrp™ is corporate coin Garbage®.

>>16446573
The Escrow will be taken over by the IMF

You've got part of it correct but you need to do more research into xrp.

Xrp is a joke

>>16446573
There's still the liquidity argument, sending $1m would mean to buy 4m xrp at the current price and sell it at another exchange a few seconds later. If the price is 100x higher they would only need 40k xrp which is a lot easier absorbed by the normal market. Like buying and selling 10 btc is not a difficult task but buying/selling 10 btc of [insert shitcoin here] would move the market by a lot and would make you lose money.
However that would probably mean strong price manipulation to reach that level so I'm not sure if this actually would play out like this since some regilative agencies would probably take a closer look at that, I'm just saying that a high price would help xrp's usecase.

>>16446830
The whole escrow went back to escrow....

Two options :

No interest in XRP.

OR

The 50 bln are really for someone/something

>>16438629
>he gave the answer himself
Derisking lmao

>>16447644
occam's razor

>>16436524

>2020
>He got scammed by Jews
>somehow his IQ is so its off the charts
>he still has faith after founders cashed out all their XRP
>he got de-risked on to 0


Absolute state of this board

>>16436524
https://www.youtube.com/watch?v=_W8lompHPEU

>>16447644

No. The $50 billion aren't going anywhere. Ripple just doesn't need to sell for the next few quarters and is cutting back on otc sales because of reputational pressure.

>>16448028
the billion xrp went back into escrow.

>>16448028

With more than 300 partners dumping and JED mccalebs billions to dump that shitshow will continue

Xrp price WILL rise 5-10x , but it will take almost another year. Screencap this.

>>16445510
>t. Brainlet

>>16448069
I want to like XRP because it's got a lot of promise and I have a decent stockpile, but shit like this is starting to piss me off.

I'll still hold, but I'm not happy about it.

>>16445348
since reddit invaded in late 2017.

>>16448487
the point is they aren't selling to institutional buyers anymore, they are forced to go to exchanges.

>>16448502
thats not good is it?

>>16448990
They fleeced all they could. No one is falling for their Jew tricks anymore.

I wouldnt be surprised if they tried to sell some XRP with a black friday discount.

For the first time in history XRP is dead.

Wtf went wrong with this fucking shitcoin

>>16449066
The problem is their entire business model relies on the success of the coin. If the coin craps itself, xRapid stagnated into uselessness.

>>16445348
It's a coin with potential backed by a company with a working business model. The only thing they're still lacking is an increase in price, but since their business model relies on it, that's definitely something they're aiming for, so those who see promise in it are trying to get in early.

Yeah, it's controlled by the banks/jews, but nobody with a brain gives a fuck when there's potential for a windfall.

I will say, though; XRP has the absolute worst hype community, particularly on youtube.

>>16448990

It is good. It means institutional buy pressure on exchanges.

They were selling at least 200 million xrp a month out of escrow.
That's now 200 million xrp to be bought on exchanges. Which means buy pressure. Which if nothing else means slower bleeding of spot price. Hopefully means increase in price though.

>>16452442
If an institution wants to buy, it will be via escrow. The fact that this month 1b was returned means they didn’t sell any to institutions. If that is the case, I wouldn’t expect institutions who want xrp to buy off the low liquidity exchanges, they can just wait a month and buy in bulk from next escrow release

Bump, first real xrp discussion I've seen in a long while

>>16448500
this. Fuck xrp, what happened to the blockchain imageboard anon made on it?

U guys know the partnership with finastra is the hugest thing for ripple and xrp?

But nobody is talking about that lol

>>16453749
It's definitely good news and establishes a nice use-case for XRP, but it's still just groundwork that the ledger can capitalize on once it's value is increased, which still needs to happen. All these partnerships aren't going to mean much for Ripple, it's partners, or the holders of XRP if the coin stays -$1. Being a bridge asset between currencies doesn't mean much in terms of it's value as an actual crypto, unfortunately. The latter is going to directly influence it's usability as the former, though, so for Ripple to succeed, XRP has to as well.

They've done well enough so far that I think they'll succeed in driving the price up in time, but I don't think it's going to be an overnight windfall like some XRP purists insist, so it's a good idea to hold and spend a little on diversifying in the mean time.

>>16454165
The thing that gives me hope for XRP is that financial institutions are just as invested as Ripple is in XRP's value, due to how much money it can save them with ODL. That symbiosis should help ensure it's future success, if anything.

>>16454227
Well, lets hope. If it's classified as a security, ODL's going to be subject to regulations, so hopefully that turns out in Ripple's favor.

>>16438570
>sbi
I don't get excited about any news about what they're doing anymore. I have no doubt it'll be big when it happens but it has to happen first. Remember the hype of them launching the exchange that had zero effect on the price?

>>16454688
This.

Also, XRP's pretty much just running on hype and hype alone at the moment, but it's not high enough to be worth anything or low enough to encourage a bullish turn. Just hold for now.

>>16453288
Why did he choose xrp?

>>16436524

>>16436524
You pathetic XRP bag holders have really gone off the reservation! How much more evidence do you need before you give up with this desperate shit?! Everyone knows that XRP isn’t going anywhere this month - it’s February 2020 when we will see XRP hit $11, flip BTC and become the standard within the digital asset space.

>>16454660
canada labeled xrp as a stablecoin

>>16456128

yea not sure what they meant by this

why tf is xrp dumping again

>>16456549
No idea, but I'm watching the price ready to buy at anything below $0.20.

>>16456549
Because miguek vias is a greedy fucker togeteher with brad lyinghouse piece of shit

>>16456549

did you not read the damn op?

>>16457338
wait for below 10 cents, it is inevitable at this point

Aiz Wallenstein the xrp anime chick

>>16443904
They need to increase value? Yeah you’re right, this shit is constantly being manipulated. Brad tweeted as much earlier this year that they manipulate the price to decrease inflation.