/biz/ - Business & Finance

>>17622013
Why?

>>17622128
Because all the money you are going to miss out by not going all in with LINK is going to make you put a gun to your head

>>17622013
Why are all the cripple memes so bad?

>>17622300
you made me laugh, I'll let you in on a secret. Link isn't going anywhere it's a cute pump and dump meant to lure idiots like you. XRP is taking it all. 100% of all derivatives all the world's money.

>>17622328
Do I need to show you dubs again?

>>17622327
Indian paid shills

>>17622328
>100% of all derivatives
Including all the debt based derivates? Making this coin worth negative.
Sure retard, what a great way to get rid of the toxic assets, dump them on this shitcoin.

>>17622346
yes this really means anything

>>17622397
you've got no clue

>>17622013
Monday Morning Massacre and then XRP Coronation

It's becoming a mental health pandemic now. Cripplers are the equivalent of flat earthers to normal society.

>>17622428
>>17622013
OP, explain like I'm 5. Why is xrp going to moon? I am aware that everything is going to run on the XRPL. But why would that affect xrp? Xrp is just another token. Why would banks care to use his token?

>>17622450
it's massively undervalued , BTC will be a collectors item while XRP and Link do real world shit

>>17622450

>>17622013
Poor guys haven't had a 20% in like a year. Net negative. Hahahaha. Meanwhile, BDK has moved 300%. How does it feel? Be honest.

>>17622450
banks use vostro nostro accounts, this means they have to have money sitting idle in other banks. for example if bank [A]USA wanted to send money to Bank [B]Mexico. Bank A would need to hold Mexican peso's in bank B. There are Trillions sitting idle in these accounts. XRP is on demand liquidity meaning these vostro nostro accounts don't need to be used any longer freeing trillions.

You could say they will just issue their own crypto. This is useless
1 No one would trust them not to manipulate the order book
2 It would be just another walled garden stablecoin that can't connect to other banks who would issue their own crypto as well.
Ripple created the ISO 20220 Standard that all banks and money transfer use today.

>>17622496
what the fuck is BDK ? can you school me on your shitcoin

>>17622013
Notice how nobody ever demands thay you buy BTC, ETH, LINK, these days? They only attack those coins, that is your biggest indicator to invest.

The coins which are pushed onto you are the ones you should always avoid.

>>17622428
>you've got no clue
Project much? you're shilling ripple ffs

>>17622533
who is demanding to buy anything? Im telling you your coin is absolute dogshit.
I would prefer you didn't buy.

>>17622538
you make me chuckle.

>>17622013
Why Ripple’s XRP lawsuit could wreak havoc on the market
A ruling against Ripple could force the company to return all of the money invested in XRP. That could wipe billions off the crypto market.


REKT PLEBS

https://decrypt.co/20752/why-ripple-xrp-lawsuit-could-wreak-havoc-crypto-market

HAHAHAHAHAHAHAHAHAHAHA

>>17622562
yeah this isn't happening as every other country already calls xrp not a security

>>17622570
Are you a retard or something?

>>17622577
no, the only retard here is the person who thinks a lawsuit means its confirmed.

>>17622013
I am ready OP... have a great weekend!

>>17622551
Ripple is the WORST performing coin of the year in the top 20. It is the highest tier of dogshit.

>>17622582
No retard, the US has its own regs on securities, other countries have different laws. XRP is a security in the states, if your confirmation bias let you read that article you would see that this is really bad for ripple.

Ripple have treated XRP like a security, you hold it for the same reasons that people hold securities as an example...you expect the price to rise.

>>17622533
>No one ever demands you buy BTC ETH LINK these days
This is a joke right? Especially LINK? Whenever someone makes an xrp thread, people come in screaming about Link instead. Link is the most shilled token on here

>>17622605

>>17622614
I have not once seen anybody push BTC or ETH on /biz/ in the past two months. LINK is pushed only because every shitcoin is hitching its wagon to LINK right now, especially XRP.

>>17622517
What do you mean by on demand liquidity?

What's stopping another coin from being on demand liquidity? What's stopping Litecoin? Or any other token?

>>17622608
The US will not allow other countries to gain dominance in monetary field and in new technologies. You are absolutely Dogshit brained

Flat-earthers have short memory, hahaha
They forgot Ripple dumped XRP to oblivion not so long ago.

>>17622634
I said THIS YEAR

>>17622639
By making threads they "hitch their wagon"? The world doesn't revolve around Link.

>>17622608
Xrp is not a security you fucking moron

>>17622645
No other coin has the Interledger protocol, they can not scale like xrp and their Transaction per second is worse than dialup.

>>17622654
This was a joke you retard

>>17622013
Yeah $0.586 EOY

>>17622658
short term gains =/= performance

>>17622675
589 was never a price prediction

>>17622670
He's correct. The only exception is Hedera Hashgraph, which reportedly can scale higher than Visa. But then again there are rumors that xrp can also scale to visa levels... And Hashgraph is a different flavor of tech.

There's also Stellar but it's not in the same position of sheer market dominance.

>Ripple bagholders

The business model is Pump and Dump and paid partnerships. I don’t know any business besides Ripple that pays their customers (moneygram) millions (13.9Million) to use their products. It’s a ticking-timebomb, just a matter of time before regulation start to catch up.

enjoy bankrupcy newfags

>>17622693
XRP is the most decentralized crypto in the space.
meanwhile coins like Bitcoin and Chainlink are increasingly becoming Centralized.
https://xrpcharts.ripple.com/#/validators

Chainlink your beloved coin is not only a pump and dump scamcoin that relies on a ponzi scheme to inflate its price as new users are suckerd into buying, it's also one of the most centralized coins there is.

>>17622711
>>17622703
>>17622693
>>17622675
This is the same old reused fud... Its used over and over again....

>>17622649
>Conjecture from a brainlet
They aren't handing power over to those tards, there is no evidence of that. Sure ripple have ingratiated themselves with some people in power by directly funding pedos.
All your 'evidence' that ripple/xrp will be the global currency is delusion beyond the linkies. Its why you guys hate each other so much, it's a battle of the cults.

Personally I can't wait for this civil case to proceed, The one way i see it ripple can out of it is bribery/blackmail. We'll see how much power they have.

>>17622725
The chain is permissioned, transactions have to be approved by Stellar or Ripple, which act as the financial intermediary, the middleman that ”gives permission” – and approves the transaction. In theory, transactions can be reversed, completely defeats the purpose of blockchain which is immutability. Digital ledgers aka blockchain should be tamper-proof. XRP isn’t trustless, Ripple is literally the middleman...
https://hackernoon.com/the-ripple-currency-problem-why-permissioned-blockchains-will-devalue-xrp-d79aef84c074

>>17622729
Then it should be easy to debunk

>>17622734
Ripple is owned by the banks

>>17622748
Citation needed

>>17622747
It is, it's been done over and over

>>17622697
xrp can run 1500 continuous but can scale to 50k+

there is an update for xrp coming called Cobalt which can scale XRP to infinity as fast as your router can handle.

>>17622697
Which makes you wonder if XRP gets shitcanned, can steller step in?

>>17622755
Use your common sense. David Schwartz is ex NSA. The whole thing is a government operation, and the central banks own the government. The plutocracy elite have planned all of this from the beginning.

If you cant see it then you deserve to miss out. Not my problem.

>>17622747
you fudsters have goldfish memory, its been debunked countless times but you keep posting the same fud its tiring.

>>17622756
Well then tell me again, debunk the 4 of them if its so easy

>>17622684
yo baba, blocked anyone on twitter recently for asking why you keep deleting tweets? wtf is wrong with you really?

>>17622773
>Use your common sense. David Schwartz is ex NSA.
WOW, is that your only evidence? It MUST be a gov. op!
>If you cant see it then you deserve to miss out. Not my problem.
You cunts have been telling me that for YEARS, mean while XRP keeps falling in price...
>>17622775
>you fudsters have goldfish memory
mean while you've moved off the security aspect that you brought up cause you know you will lose.

I don't recall you guys debunking that ripple paid moneygram and XRP is not a cryptocurrency by definition, start with these...

>>17622776
Go ahead and look it up I'm tired of debunking. If youre not gonna buy then don't buy its not my problem. Miss out I don't care.

>>17622816
Ripple is obviously government run. The fact that you can't see it, lol too bad. Miss out. Bye!

>>17622824
Buddy the problem is the ripplets don't look things up...I they did they would never have fallen into the cult

>>17622831
hahaha it's almost like a Cult of Personality . o wait

>>17622816
Ripple holds Moneygram stocks. They would be paying themselves you idiot.

>>17622831
Buddy the problem is that you're not my mother, not my dad, not a parent to ripplets. Your aversion to risk is obviously very high. So don't buy.

>>17622670
So xrp is used to convert currencies? Wouldn't it have to be cheap to help cut costs? Why would the money from nostro vostro go to xrp?

>>17622865
so you agree that XRP is not cryptocurrency?
>Ripple holds Moneygram stocks.
True, but when ripple its self is supposedly going public they need as much value in their own company to get a high valuation...Moneygram is not doing well, Zoom out. done nearly as bad as XRP since '17 ironically.
>>17622867
I understand that when ripple is declared a security its value will drop considerably, but even if not, de risking will happen so it won't go much up in value. Also no reason to hold pure risk when you can buy in once the trend reverses...

>>17622921
cutting cost won't help, XRP is fast 3-4 second settlement time while traditional swift is 3-5 days.
there is also a 6% error rate meaning this money can be lost.

>>17622980
>6% error rate
this is the fud . . yikes

>>17622980
What does nostro vostro have to do with it?

>>17622980
>6% error rate
God you guys will believe anything! What is your source for this?
You've obviously never moved money intentionally, probably done hundreds of transactions now...never had an issue.

FYI only the poor/retarded would use moneygram

>>17622967
Moneygram took the chance to use XRP as they were a failing company. Now they are turned around and will be the global leader overturning Western Union.
Ripple uses Moneygram to show off XRP to other companies and banks.

>>17622967
>derisking
how many times do i have to debunk this garbage fud already, David can do what he wants with his XRP, he bought it with his own money, his wife told him to derisk and he did so. he lost money because he did it before the bull run to put solar panels on his roof.

you don't seem to understand the logic here. XRP is different from other coins, with other coins your goal is to hold and not sell so that the price rises. with XRP no one gives a shit if you sell or buy, we prefer you sell so that its price can go lower that way you can accumulate more. the price of XRP is not dependent on someone holding but by being the new Global Currency.

No one gives a shit if you buy or sell xrp any money from the crypto community is peanuts.

>>17623029
>muh 50$

the error rate is more for banks who have to transfer millions or billions you fucking retard.

>>17623062

>New Global Currency
hurrdurrr, do you know how stupid you sound right now?

Do genuine CRYPTO currencies like Bitcoin, Litecoin, Monero have offices, ceo's?

>>17623062
>He thinks it's just david de risking...
>>17623079
KEK, still no proof 6%, I've never had an issue & I HIGH doubt you've ever transacted intentionally...but i'm the poor retard, as I said you're the one shilling ripple.

Have you ever seen moneygrams fees? seriously, go check on ways to move funds intentionally, couldn't think of a worse way to move funds desu. As this is what ripple is setting up to do, I do hope you know about ripples competitors if you've done your research.
inb4 ripple will bring down fees in moneygram
this would be total conjecture at this point.

>>17623173
bitcoin was a proof of concept, it will be killed soon as it uses more electricity then over 100+ counreis. the climate agenda will kill it.

Litecoin is garbage, the founder dumped all his coins and there hasn't been a single update yet its all pumped on speculation.

Monero is another proof of shit coin, it's a privacy coin but i suspect soon quantum computers will kill it.

>you can't be a crypto if you have offices and a ceo

You mean like Chainlink's office in the cayman islands?

>>17623079
XRP is King , you cannot stop it

>>17623276
https://youtu.be/JOAuXEYu9Pg?t=1336

>>17623293
Brad Owes Me for Twitter Shilling

>>17622013
>XRP bagholders blow their brains soon
kek

>>17623196

if Bitcoin reverts to $6000, XRP will hit $0.12 only newfags don't know this.
I trade currencies I don't invest in them.

Bitcoin is still a CURRENCY accepted by most online merchants. Show me which stores accept XRP?
Litecoin and Monero are accepted currencies because they are BACKED by electricity bills unlike your pre-mined scam coin called XRP, minted for free and occasionally taken from the XRP vault and dumped on noobs like you.

Morons like you don't understand supply and demand dynamics and what makes Bitcoin valuable, why argue with someone who makes your annual salary in a month.

>>17623306
>soon
Maybe in an Alternate Timeline

>>17623307
Bitcoin is not a currency its a commodity.

https://cryptwerk.com/pay-with/xrp/

ITT: OP Btfos xrp fud.
Also itt: bored trolls with zero valid arguments against xrp

Its happening boys. Xrp will rape the coinmarketcap. Already hit #2 a couple times. And you all act so sure you know what will happen.
Enjoy getting priced out in a moment's notice

https://patents.justia.com/patent/5025369

>>17623418
my head hurts from reading that. that must be the single most retarded thing I have ever read.

>>17623307
Hurr durr be your own bank. Amma anarkist, we iz destwoy gubbament

Btc is beanie babies. POGS. And cabbage patch kids.

>>17623432
Kek

>>17623429
reading the patent must really hurt your single brain cell.

>>17622658
>being this new

>>17622658
Screen shot is up to today
Lol do you realize that link is at the top of its bubble and xrp is just finished a bear cycle.
Link is at its top ever. And xrp. Right now. Has still btfo link. Lmfao
DO YOU COMPREHEND? HAHAHA

>>17622433
What is this picture

>>17622667
It is, you fucking moron.