/biz/ - Business & Finance

>>18435880
>ODL volume goes up because Ripple covers the loss moneygram makes using it by paying them xrp
>ODL has equal and opposite buys and sells, that doesn't move overall price up
>Increase in total volume increases the amount Jed can sell
>Jed always sells the maximum amount he can sell
>Price goes down

All we have to do is wait.

>>18435968
>ODL volume goes up because Ripple covers the loss moneygram makes using it by paying them xrp
Moneygram is only 1 partner out of over 1000

>ODL has equal and opposite buys and sells, that doesn't move overall price up
XRP price does not go up because of hoarding and speculation like every other coin, it goes up based on Utility.

>Increase in total volume increases the amount Jed can sell
Jed can't sell anything that ripple does not release to him, All his XRP is held in Escrow and is released to him based on what ripple allows him to sell. This was because Jed tried to dump 5Billion XRP at once which violated a court order.

>Jed always sells the maximum amount he can sell
Jed has no say in how much xrp he can sell as of a court order only ripple can determine how much he can sell by how much they release to him.

>Price goes down
You don't understand anything about the subject because its all surface level to you.

>>18436030
top kek
might want to do some more research there champ
https://dailyhodl.com/2020/04/09/ripple-sends-63704590-xrp-worth-12-2-million-to-co-founder-jed-mccaleb/

Final agreement between Jed and Ripple:
https://web.archive.org/web/20171211225447/https://forum.ripple.com/viewtopic.php?f=1&t=15885
>for any time after the fourth year of the agreement, for each day of the week Jed and the DAF will be able to sell 1.5 percent of the Average Daily Volume.
We're now at the 5th year, Jed can sell 1.5% of Daily Volume.
As I said above daily volume is increased by ODL but price isn't. Jed's sales are increased by daily volume and Jed's sales aren't balanced by any buying pressure so the price will always tend lower until he is paid out in full.

>>18435880
grats on future 5x

>>18436063
Your fud has been debunked time and time again yet you keep repeating it, it needs to be stickied every time so retards like you will learn.

>>18436300
top kek is Ripple going to argue ODL volume isn't legitimate?
I swear XRP has the lowest IQ hodlers of all coins

>>18436246
This agreement was overwritten when Jed tried to Dump 5 billion XRP.

>>18436309
no, That would be you and whatever shitcoin you are peddling.
This thread was not to convince anyone to buy, i prefer you don't.

This tread was to congratulate those who did and held strong.

>>18435880
Full blown AIDs

>>18436312
>This agreement was overwritten when Jed tried to Dump 5 billion XRP.
overwritten to what? I already posted the 2016 re-write of the agreement, are you saying it was overridden again? provide evidence of the new terms?
>>18436325
>no, That would be you and whatever shitcoin you are peddling.
Hurr anyone who disagrees with me must be peddling a competing coin. Yeah what if I just think you're a fucking retard for buying and hodling this literal ponzi scheme?

>>18436350
its already confirmed.

>>18436365
Let me guess, you are a retard Chaindick.
has sirgay dumped another 700k on you? did he finally exit scam and from the caymen island?

>>18436382
nope I don't buy literal scams like btc eth link and xrp. not everyone here buys magic internet money

>>18436416
You do realize XRP and Precious metals are linked.
XRP needs the world to return to a Gold standard.
Gold needs XRP to be liquid.

>>18436416
The difference is. You are spending $1700 on 1 ounce of gold, while i am spending less than 20 cents.

>>18436436
>You do realize XRP and Precious metals are linked.
literally no connection whatsoever
>Gold needs XRP to be liquid.
In your fantasy world where XRP is somehow linked to gold, you're still shit out of luck, XRP's liquidity sucks ass. Try make a $10000 payment by buying on one exchange and selling on another, you'll be lucky if you don't lose 0.5% due to slippage alone. Orderbooks thin af.
But do tell me how XRP is going to save the world and make you rich etc etc.

Went from 20c to 18c today Can it break 15c
Legit will be all over it at that price and will happily take whatever %it goes to

>>18436487
You don't understand how money works do you.

The reason we got off the gold standard is because there was no liquidity, the US went bankrupt.

XRP has an inbuilt exchange allowing you to create IOU's. This allows you to exchange anything using XRP.

https://bithomp.com/explorer/rrh7rf1gV2pXAoqA8oYbpHd8TKv5ZQeo67

I came to this post to dab on shit tier XRP clowns but reading through this I’m gonna step back. It’s shitty enough already. XRP idiots are the worst. I’ll stop now.

>>18436529
>XRP has an inbuilt exchange allowing you to create IOU's. This allows you to exchange anything using XRP.
Wrong. It allows you to exchange IOUs using the XRPL.
You're a classic case of Dunning Kruger. You don't even understand the difference between payments and settlements.

>>18436547
You really can't read can't you. I'm sorry you have such low iq.

there's not going to be any room for 99% of all crypto. XRP will take ALL the money.

https://cointelegraph.com/news/ripple-says-stablecoins-could-be-created-on-xrp-ledger

>>18436553
>I'm sorry you have such low iq.
hey man I'm not the one getting dumped ont by jed, larsen, larsen's stupid charities, ripple the 500 "community" projects they funded with xrp, none of which do anything to help the value of xrp, you are.
Enjoy your losses

>>18436579
Jed can do what he wants with his xrp. it's his money.

I'm enjoying it, Have a good life, You'll need it when you missed out in the greatest opportunity any lifetime because you thought you were big brained and had your thumb up your ass.

>>18436618
>You'll need it when you missed out in the greatest opportunity any lifetime because you thought you were big brained and had your thumb up your ass.
yeah I'll see you at 0.01c where I might consider buying some if Jed has finished dumping

>>18436631
i would thank god if it went to 1 cent.

>>18436636
>i would thank god if it went to 1 cent.
0.01c is 1% of 1c
lmao

I have a suicide stack. Cant wait for this shit to hit $100

ripple shills are the most retraded cringelords under the sun. Fucking cartoon bears and twatter prophests who never really say anything just bullshit and string people along for months on end before conveniently disappearing when the bullshit is no longer sellable, only to come up with new bullshit and rinse and repeat. Meanwhile XRP is the WORST performer of the top 20 for 2019 and for 2020 so far. So if you fell for any of the shilling over the last 15 to 24 months you are basically an ATM for Ripple now guaranteed to be underwater.

Fuck that for a laugh.

>>18436707
If you don't like it then fuck off. No one is forcing you to do anything.

have you heard of NDA

>>18436720
>NDAs

fuck me that is the most retarded mental gymnastics ever - it is all confirmed but nobody can confirm anything beacuse of NDAs who nobody has ever seen because they are so secret. You de realise this is exactly the same logic UFO freaks apply?

Fucking bottom of the barrel drooling retarded shit

>>18436707
Even while being the so called "worse performer" it still shits on chainlink.

>>18436752
>16 posts by this ID
>my shitcoin is still better than your shitcoin

imagine shiling this hard

the desperation must be very real

are you paid per hour or per shtoop?

>>18436765
>16 posts by this ID
This is is my thread you retard. im defending my thread from cucks like you.

>>18436770
>i am defending my thread
>mr. white knight do good samaritan saving poor souls on the internet

oh good, I was worried you are here to shill your fucking shitcoins

what a fuckwit. It would be a joke if it wasn't actually sad

>>18436787
You need to fuck off and shut the fuck up you stupid fucking retard. This is my thread, how hard is it for you to understand that an OP would reply to posts in his own thread.

If you actually read my posts im just defending XRP from actual shills. IF you actually take the time to read the 1st OP there is Zero shilling.

Kindly Neck yourself and fuck off.

You will never see this level of seething and rage for any other project other than XRP. its like they are being paid to do it.

>>18436752
I think that both chainlink and XRP are going to be two of the best holds

>>18436819
thats fine.

>>18436707
my sides
xrpcucks btfo

>>18435880
Oh yeah hahahahahah did the xrp investors receive their yealry dose of bearabullcock ? Fucking all of your delusional dreams of 1000$ xrp lmfao

Big dic barrys coming for the investors with brad lyinghouse and miguel greedias

1. https://newslogical.com/77-years-old-bank-ripple-moneytap-free-banking-payment/
2. https://www.ledgerinsights.com/sbi-money-tap-blockchain-payments-japan/
Where it really gets interesting:
https://insidebitcoins.com/news/sbi-crypto-experiences-surge-in-bitcoin-sv-shares-amid-bsv-halving/257553

>>18436787

>>18437298

All these poos FUDing hard. Feels like btc in 2016 when poos were FUDing overtime.

Despite all your points, I would not be surprised if all you fags have a suicide stack.

Thank you for the keks

>>18436752
You didn't buy it in 2013-2016 and didn't sell the top, that's why you're still here bagholding and coping

>>18436663
I'll bet you 10,000 LINK XRP doesn't get to $100.

>>18438844
but it will, as soon as a gallon of gas is $10,000