/biz/ - Business & Finance

>>21152859
Are you retarded? Jed is only allowed to dump a certain amount of XRP. Because the value of xrp is 30 cents, he can dump millions, when it's 2k he wont be able to dump millions at a time.

that i have to explain this hurts my soul

>>21152859
any responses to this? I need this fud addressed before I jump in.

>>21152859
God I fucking hate that Jed cunt

>>21152919
why the hell would he dump now if its going that high?

>>21152933
Bump. I'm worried now. I just bought in...

>>21152933
>>21152956

There is only one mechanism that creates value: supply and demand. Supply is easy, it's the number of LIQUID coins that are immediately ready for trade; not speculator-Hedl coins, not escrowed coins, not lost coins, not burned coins, not reserve coins, not contractually-restricted coins, or any other conceivable condition by which a coin is not liquid, ESPECIALLY...dadadaaa... coins in flight (very important). The number of actual liquid coins is a very small fraction of all coins; literally, all the liquid coins are on some form of exchange, whether it be a conventional crypto exchange, a trading app on your phone, etc. It must be ready to move to count.

Most coins are locked up, I'd go so far as to say 95% of XRP are out of the market's reach, and therefore do not contribute to supply in the context of determining value. That leaves 5%, which is less than 5 billion XRP, and it's only THIS small pile of coins, that everyone needing to procure XRP, will be fighting over.

The "Demand" part of supply and demand, is an aggregate of many forces, but those forces all sum together at the point of purchase on an exchange. When demand is greater than supply, the price goes up; and vice versa. Demand for XRP will come from one thing, increasing usage. If I want to send my mother $150,000 worth of XRP, I will create demand. The more people buying their mother's shoe-shops, the more demand gets created.

>http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

(Myth n3)

You people think there are 100 billion XRP
when there's only about 5% of that amount
Jed dumping is a good thing, not a bad thing

End this shitty fud. it's so retarded

Bump for warning to all anons, this coin is a scam and even if it isn’t will never hit it’s ath

>>21152956
why not? It's not like hes going to run out.

>>21152919
It's hard to hit 2k (and it never will happen) when 1.8 million coins are dumped daily. There aren't that many whales that can keep that up. And that's just to keep it EVEN, to go up you would need even more whale money than that. All while link is drawing the biggest whales, and eth and BTC are in a dip that they can easily recover from.

>>21153069
XRP wont hit 2k from whales or banks or retailers.

You lack pertinent information, retard.

>>21153045
Fuck off faggot $2k eoy

>>21152919
In the contract of Jed leaving he was allowed to sell 1.5% the current vol of XRP.

If the price of XRP goes up he still can only sell 1.5% of his stack

There is speculation going around that he does this to keep the price as low as possible for the time being to keep it out of media spotlight. By keeping out of the limelight they can work behind the scenes doing what is necessary.

Look at where the money is going. J.P Morgan & Chase dragged BTC through the mud then guess what they did? They opened up an exchange for BTC and bought what they could.

Don't be no fool, look at where the money goes.

It doesn't hurt to throw a few bucks into XRP for the time being in case it goes up to the moon.

>>21152859
And you only needed -90% and 2 years to realice it! Waoh!

>>21152859
You don't understand, Jeds coins will still only be worth about 30 cents if we go up, same with all of the institutional backers. Only the true geniuses of our timeline that can see 2k eoy switch flip happening tomorrow will actually make it

>>21153155
Is it tomorrow or the 13th?

Schizos shilling this coin really expect it to replace the whole worlds economy, when the founders don’t even believe in the project. Give up hope if you fell for this scam and dump your bags while you can

>>21153011
You want scarcity. The price only goes up when demand overtakes supply. More supply makes that harder, dumbass.

>>21153011
You do know that Jed's coins are from the 95% considered "locked up", right? Also there is 44.9 Billions in CIRCULATING supply now.

>>21153097
Do you HONESTLY think banks are going to keep that much in non-fiat?

>>21153128
You are preaching the choir, I'm all in on XRP, I know what is happening.

>>21153232
You are a retard, I know what I wrote. Jed is literally tasked with prepping the liquid coins for what is about to happen. That is why I said him dumping is a good thing, you dumbass.

>>21153276

>"44.9 Billions in CIRCULATING supply now"
>imagine thinking circulating supply means how many liquid coins there are at any given time

>Do you HONESTLY think banks are going to keep that much in non-fiat?

What the fuck are you on about?

>>21152859
This fucking faggot keeps dumping and the price keeps tanking. It's pissing me the fuck off. All the TA shows is growth but there is sell wall after sell wall after sell wall, it is far beyond one million coins a day.

>>21153372
He was tasked with leaving the project because he saw it was a dumpster fire and dumping coins until he's filthy rich.

>>21153427
"It is simply not an issue. There is not enough XRP for what is about to happen which is why the price will go to 2000 USD overnight. Brad is aware, he is a Luciferian, Jed too. It is planned, Stellar and XRP are enemies in public, but in private they are siblings.

It has always been done this way. Look at who the presidents were, Skull and Bone members, going against each other in elections. Republican vs Democrat, yet in private they both feed off each others positions to further their ultimate agenda.

Nothing different with Ripple and Stellar."

- Insider UHNWI

>>/biz/thread/S20720991

>>21153372
>I know what is happening
Anons say this shit all the time, such a weak pump strategy. You guys said shit was happening 30minutes ago, guess what, nada.

>>21153589
>589
>believes every random anon that gives some random timeframe instead of listening to insiders

you are retarded unfortunately

>>21153515
Ok then, resort to schizo posting, that's cool. Look you can probably make some money on this, but if you are expecting 2k eoy, that's just not going to happen.

>>21153630
>implying anons are different from “insiders”
nice try jew

>>21153682
when it does happen, buy rope.

you have literally no idea what's about to happen because you don't ask, you simply make statements like this and make people in the know fuck out of the thread like im about to do now, dumbass

>>21153711
>loses the argument
>runs away
ok baby

>>21153711
I actually have quite a bit, but I realize it is a LONG TERM HOLD. If you think that way, it's a decent investment. I just don't want anyone missing out on something pouring everything in xrp thinking it will moon that much that quick.

>>21153100
Checked and digits

>>21153774
I don't think it will moon at all is the thing. Jed will forever suppress the price. If you invest $1000 today, you'll have $1300 in four years.

>>21153788
Checked back at ya big guy

>>21153814
I actually agree with you. I have all thread. It's the schizo that thinks this is a Luciferian scheme to snatch up all bonds and commodity trading that I was arguing with.

>>21153372
Hope you have Iron hands

>>21153985
It's a shame, because the price would probably steadily rise if he wasn't dumping every day, and anyone who says he's dumping as part of a scheme is coping too hard.

>>21154021
Yeah it's a good coin with a ton of use case. The (ex)team is killing the coin. And it would be higher than link if it wasn't for the dumps. It's burn is a little conservative for my liking, but hey, that's a small price to pay.

>>21153711
appreciate the posts

>>21154021
how long will the dumping last?

>>21154176
McCaleb started with around 8 billion xrp, so at least 6 years, unless he does something smart like slow down his dump or hold for a little. He just has no faith in the project.

>>21154253
This. It's a seven year hold.

>>21153372
>Jed is literally tasked with prepping the liquid coins for what is about to happen
what is about to happen? what do you mean?

>>21154253
>>21154345
HAHAHAHAHAHAHAHAHAHA you fuckers NEVER cease to make me laugh. I love you guys, and I mean that. When i make it i wish i could buy you guys drinks and hookers, you deserve it.

>>21153829
Took me like a min to find it

>>21154253
HOLY FUCKING SHIT. JEB CAN DUMP OVER A MILLION COINS A DAY FOR THE NEXT SIX YEARS??

PIECE OF SHIT

>>21154345
Huh. So it's best to buy a bag and check back in a decade or so? Do you think the price will have at least doubled by then, or the "back to 20 cents" meme will still be going?

hey uhh, xrp went to $3.80 already, and there was MORE supply back then. you know it's deflationary

why make these threads? i think its just xrp holders looking for assurances

>>21154533
Yes, 1.8 million a day. Its surprising that its price can hold desu.

>>21154635
Can you even fathom being that rich? Dumping every day all over XRP holders as you build another floor to your house, buy another island or private jet.

>>21154632
The burn rate isn't as high as the amount of XRP Jeb adds to the available supply. His coins are considered "locked up", so he inflates the supply every day.

>>21154635
Because ripple buy it back of him

>>21154748
But is it enough to really make a big difference?

>>21154748
is this uncle old fag? are you looking for a new group of up and coming millionaires to fuck over?

>>21154796
Off of him, fuck this repost timer... Faaaarrrkkkj

>>21154748
To add on here the burn rate is 1 xrp per 100,000 transactions. That was a selling point of ripple.

>>21154903
why dont they increase it to counteract his dumping?

>>21154932
I thought at least Schwartz was also dumping, sorry "de-risking". Why would you stop a good thing?

>>21154837
Yes and no, ripple is buying it, but it comes from the locked amount and then gets released to the market, so the end result is still a market dump, it doesn't go back into holding or ripple would lose money. This way it isnt a loss for them.

>>21154998
could jed end up being a massive write off for them in the long run?

>>21154998
I dunno, so much for and against but to me, the stories are very real. Jews getting caught out doing dodgy shit? Since when has that even mattered, recently being even more pertinent.

If they have the connections and XRP replaces remittances, surely it can only go up from there. Not to mentions the trillions recently printed out and every year the money supply increases. I'll hodl just in case

>>21154806
Yes. 1,000,000 XRP per day gets increasingly more heavy the higher the price gets.

>>21154836
No, I'm just an anon who chooses to read past the crypto preachers shilling XRP.

>>21155550
No, you can't write off someone dumping your digital currency. Does Tesla get to write off people who short their stock?

>>21154932
because ripple's coin burn is built into transaction fees. For every transaction you are charged .00001 XRP that is burned, like eth's "gas" fee. They have contracts with their partners that this is the fee, so they can't change it without violating the contracts which would cost them significantly more.

>>21155689
>8 posts trying to fud xrp

ok uncle old fag

>>21152919
are you joking? Jed will sell 1.5% per day till the cows come home.
>>21152956
>>21153011
lmao no. Jed had 1/5th of the supply. about 10 billions coins. you're just dumb if you think this is going up

what about bank of america partnership?

>>21155756
I will keep on the path to inform my fellow anon until I'm shut down.

>>21155732
The biggest point of failure is always the human element. They forgot to factor in that Jeb is a known piece of shit.

>>21156411
They will use Ripplenet, not XRP. They might even develop their own token and use Ripple's system for it, but usually a partnership in this sense means they're internally resting Ripple betas and may or may not use any of Ripple's tech.

>>21156411
No one knows what it entails exactly. BoA sees no use cases for blockchain, and have said this man times. The partnership has only been confirmed since yesterday.

>>21156771
>They will use Ripplenet, not XRP. They might even develop their own token and use Ripple's system for it, but usually a partnership in this sense means they're internally resting Ripple betas and may or may not use any of Ripple's tech.
thats what people said about ETH and LINK. still, they mooned.
>>21156788
not to go tinfoil but warrenn buffet literally put $12B in BoA. there could be some connection...