/biz/ - Business & Finance

>>21274558
when moon?

>>21274558
Any updates on Codius integrations?

>>21274558
What color should my Corvette c8 be?

>>21274558
eoy price prediction?
hit me fren with that sadistic, realistic and optimistic one
to dca or not to dca?

How much XRP should I hold? 20k USD foliio
How much XLM should I hold?
EOY predictions?

are there negative forces that invade this board to shill against xrp? are we all really just schizos?

also whats the make it stack officially

When do we sell oh wise one

>i will answer that
>1pbtid
ok botanon

>>21274558
Just tell us something that you can lol

>inb4 larp
Working so give me a few minutes

Anything happening on the 13th?

>>21275256
OHH FUCK EVERYBODY GET IN HERE!!

OHHHHHHHHHHHHHH!!

>>21275256
based (though you could just be watching this at a non ripple related job with the login credentials); please give out info you can.

Monitoring

>>21275256
Hory shet

2k eoy
Praise the lord

>>21275333
Checkd

Let the xrp gets, begin

How the fuck do you XRP nerds deal with these daily dips? Everything it gained yesterday has been wiped out.

>>21275333
Dude wtf is up with these digits in xrp posts wtf im gonna fomo

>>21275422
Checked

>>21274558
Someone TDLR me on Swell?

>>21275458
I smoke live resin

>>21275458
we are masochists

>>21275458
titanium hands baby

>>21274558
>>ama
Why don't you know how to rotate a picture 90 degrees?

>>21275458
bought at .17

Keep an eye on Flare. This is huge project that's been in the works behind the scenes. Also Xuum is going to be pretty important.
I don't have exact price predictions or "make it" stack numbers. That doesn't matter to me. And NO there is not evil forced behind the Ripple devs team. We are simply building an easy ledger to integrate with allowing the smart contracts layer 1:1 exchange as well. October is going to be very interesting as far as the fate of ripple goes. Keep your eyes on the IMF and how they word the sdr. Yes, xrp plays a role in this.
We are going to see massive throughput on the ledger and price will reflect. No one in the company guesses the price but there is some slight manipulation due to planned sell offs by Jeb, as a lot of you know. It's not just that. There are secondary unknown wallets just spinning xrp around mainly as a testnet for us to show costumes and to live test error %. Which I have to say, from a product stand point, the results are pretty amazing. No other ledger can handle what the xrpl can. Flare is going to add in another layer and be even better than most DeFi/PoS systems.
My only recommendation is to accumulate what you can, claim your flare stake and enjoy. Oct/Nov 2020 is going to be a huge eye opener for many people in power.

>>21275256
>>21274558
Anyone can register for this you utter mong.

Don't believe OP. Hes not an insider.. you can enter with code SWELLMENA

Bring me to the fire satan I am ready for my gains

this real?

>>21274558
What is xrp swell and will it cause ripple to actually fucking make gains? Been sitting on a 50k stack for a year and a half and everyday i feel more like a retard.

>>21274558
tell us what we need to know anon

>>21274558
whats the deal

I'm not too familiar with the jargon of this site but some of the devs follow just to get a laugh. Some of you are pretty vile as far as judgements that you cast on the team...but hey I guess that's the internet.

>>21275656
Do they honestly expect anything more? We've been watching people become literal millionaires while we sit on an investment thats stagnated for almost 3 years.

>>21275656
Stop being a pussy. Further degrading the english language into an acceptable window of consensus is very feminine.

>>21275586
screencapped

>>21275656
>Some of you are pretty vile as far as judgements that you cast on the team

Watch as the jew recoils in terror at being named a Jew

>>21275656
tell David we say hello

>>21275656
Beign rude is the way we cast away those who Cannot handle the truth.
That being said, and insider word is always refreshing.
I really hope xrp gives a major leap one of these days

>>21275586
what is a flare stake? how do I claim? I have xrp, that is all

>>21275776

Yeah, wtf is flare stake?

>>21275509
kek, dabs or carts? i use both but much prefer dabs; live resin is top notch

>>21275776
https://flare.ghost.io/

>>21275656
I too, suck cocks

>>21275980
>https://flare.ghost.io/
tl;dr?
buy spark? or hodl xrp?

Flare Network is a new system being built to interact 1:1 with the xrpl for smart contracts. Developed in part with devs from in XRPing. Everyone who has xrp (besides Known ripple labs accounts) will get an equal amount of Spark tokens. Basically xrp into fxrp. It's going to use a FBA network rather than a Proof of Stake. Not going to be a hater on PoS but it has its security flaws and long term flaws as well. It's really just a fork of the xrpl for smart contracts.

>>21275656
How does the lead developer feel about looking EXACTLY like a Gringots goblin? Does it mean he's naturally a money genius?

>>21275256
I would say your nasty nails are pretty recognizeable

>>21276101
thank you for doing this anon ignore the fudds and haters

>>21276101
Im still reading the white papers, but this shit is very recent, has less than 24 hours circulating around.

Can't anyone register for this webinar and do a AMA? Are you an Insider or represent a company? Or just individual investing in xrp?

>>21276101
how do we claim our flare stake?

>>21276050
No need to, it will be a twin token that in theory it is going to be giving in equal amounts as the xrp that you hold (1:1) but still, I don't have the technicall background to completely understand what is this about.

Im sure a bigbrain over here can dumb this down for us.

Keep an eye on the Flare website. They will be going into detail about how to claim it. Dev team over there is great. They will be exchanging 1:1 from the xrpl. Anything that is on xrpl (beside RippleLab accounts). Doesn't matter where it lives. Ledger, hard wallet, exchange, you will get flare.

>>21276474
The real question is what should we be holding for the most gains? Should I convert all of my XRP or keep some?

>>21276101
Why are we dumping right now? Price predictions?

>>21276474
So we aren't automatically given it somehow? We must claim this?

>>21276549
That's what I understand, if you jeep xrp after certain periodo of time, it WILL desapear.

I believe this fusion it's like the one erd will go through with gld to form eGLD

>>21276556
That's bitcoin dumping before 12k... Again

>>21276556
XRP is dumping because whole crypto is dumping
Also this thread is nothing, do you honestly think for even a second the jew would let some crpyto take over the fiat system ? The same jews that own the media, the US army and everything normies read/hear ?
Just look at the BLM movement and riots, those people are brainless SHEEPS and jews control them

>>21276780lol jews have no power here

theyre trying desperately to get in before it blows up, thats what xrp is about, and why price wont go up until the big jews have their foot in,once it goes up it goes up nomatter who is on board

>>21276780

High IQ jews keep doing it cause tards like you go off with illogical autistic screeching.

You really think Jews are not making crypto and the regulatory laws that will govern is?

>>21276549
I only own XRP and AGI. AGI SingularityNET is for the 1000x small cap magic.

>>21274558
Do you know of any adoption or switch of Swift?
You say major eye opening dealings come Oct-Nov, but what kind of dealings are we looking at?

https://flare.ghost.io/theflarenetwork/
Part 1:
>FXRP works as follows:
Owners of Flare's native token, Spark, may send their tokens to a collection of smart contracts on Flare that are referred to as the FXRP system. Users who do this are providing collateral to the FXRP system. They are termed agents. Let us call one of the agents Bob. There will be many agents in the FXRP system.

Let's say that Bob has inserted 5000 Spark tokens into the FXRP system. In this example 10 Spark tokens can currently be bought for 1 XRP token. The FXRP system demands a collateral ratio of 2.5, meaning that at all times an agent must have provided to the system 2.5 times the value of the FXRP the system has apportioned to them in Spark tokens. FXRP is valued here as 1:1 with XRP. Hence Bob’s 5000 Spark tokens allows the system to issue 200 FXRP.

When someone, say Alice, wants to create FXRP they send a transaction to the FXRP system with a fixed fee of 0.1% of the value of XRP that they want to mint into FXRP. Alice is termed an originator. The transaction also tells the FXRP system what address to send the FXRP to on Flare, once it is minted, and what address the XRP will originate from on the XRP Ledger. If there is available capacity in the FXRP system, collateral to secure the amount of FXRP being created is locked for a certain period against Alice's upcoming transaction. This way Alice does not have to trust Bob. In return, a set of instructions are generated for Alice telling her what address (Bob's address) to send the XRP to on the XRP ledger and what last ledger index to use. If there isn't capacity in the system to issue the desired amount of FXRP then Alice is refunded the fee.

Part 2:
Alice then sends the correct amount of XRP plus a creation fee in XRP to Bob’s address on the XRP ledger. The creation fee is the vast bulk of the money Bob will earn for locking up his Spark collateral, note that his earnings are predominately in XRP. Flare observes this transaction using a system called the State Connector, defined in Section 2 of the Flare white paper (and the subject of a future blog post). The FXRP is then minted by the system and delivered to Alice’s nominated address on Flare.

The 2.5x collateral ratio must be maintained at all times. If the price of XRP increases against Spark, such that the value of Bob's collateral falls below 2.5 times the FXRP issued against it, then Bob has a limited time to either add more Spark tokens as collateral or buy and redeem FXRP tokens to bring his collateral ratio back in line. For example, say 200 FXRP tokens are issued against Bob’s 5000 Spark tokens and the price of XRP/Spark increases to 12. Bob now needs to either add 1000 Spark to the system or buy and redeem 33.34 FXRP to reduce his apportionment of issued FXRP to 166.66.

If Bob doesn’t have access to additional Spark tokens it is not financially onerous for him to reduce the balance of FXRP supported by his address. Bob's collateral enabled the FXRP system to issue 200 FXRP tokens, in the process of doing so Bob has received 200 XRP tokens on the XRP ledger. Thus if Bob doesn't have additional capital to purchase Spark tokens he can either sell sufficient XRP for FXRP on an exchange such that he can redeem at least 33.34 FXRP or remaining in a purely decentralized environment if there are other agents in the FXRP system with sufficient excess collateral in he can mint sufficient FXRP and immediately redeem it. The second scenario essentially shifts the obligation to the rest of the system.

Part 3:
>If Bob does nothing and remains in default against the collateral ratio, Bob's collateral will be automatically auctioned off for the amount of FXRP issued against it, which in this case is 200. Bob retains any remaining collateral after this operation.

Let’s say that Bob opted to add additional Spark as collateral. Now some time later Alice who owns all of the 200 issued FXRP wants to redeem the whole amount back to the XRP ledger. Alice simply makes a transaction with the FXRP system sending the FXRP to the system and telling it what address she wants credited. The system then issues a set of instructions to Bob telling him how much XRP to send and where along with two XRP ledger number deadlines by which the transaction must be completed. If Bob completes the transaction by the first deadline his collateral is entirely unlocked. If Bob fails by the first deadline but succeeds by the second he is charged a small penalty fee and the rest of his collateral is unlocked. The penalty fee is burned.

If Bob fails to complete the transaction by the second deadline it is termed a redemption failure. Alice is then compensated with Spark tokens to the value of her redeemed XRP plus a 1% increase to cover transaction costs of buying back the XRP, this is drawn from Bob’s collateral. Of Bob’s remaining collateral 50% is burned as a penalty and the other 50% returned to him. Alice may then buy replacement XRP on an exchange. Alternatively, assuming there are other agents on Flare with issued FXRP and people who wish to sell it, Alice can buy more FXRP on Flare and redeem it against those agents.

Un-fucking-believable. This is why they needed to ally themselves with the banks. So they could move the entire banking system over to cryptocurrency and continue to rape every single person who uses it.

Maximum kikery. And i hope this shit fails.

>>21275504
It's just Ripples event where they shill to investors. Every year theres tons of shills saying it will pump the price. Last year it was the only shill they had. They just said wait until Swell where they announce something huge. Then Swell happened and the price dropped kek. It shows how far we've come that this year Swell was barely being shilled until recently right before it starts. Hopefully they surprise me and release some great news. I'm not holding my breath though.

>>21277324
so a cheap and stable coin will be required to achieve this, nothin more than 1:$1

>>21277398
for 0.1% fee? it'll have to be more than $1:1. They'd be losing money on electricity, for $1 that'll be less than a penny.

bump for interest
is that all?

>>21277724
it appears to be all, so, put attention to a website (https://flare.ghost.io/)) and sooner than later we all gonna get scammed by the jews, again

How does ama apply if you just dump info and ignore all the questions.

>>21277502
So $2 eoy?

>>21275586
EVERYONE GET THE FUCK IN THIS THREAD!

absolutely do not invest in this utter shit. They don't give a fuck about decentralized finance, they want to put the banks on the networks so they can continue to own everything related to finance.
XRP is a total fucking failure.

So in simple terms, Flare is the smart contract platform for Ripplenet and XRP will be its token?

>>21274558
I know you addressed price predictions, but realistically does XRP have the potential to reach a price beyond 1000$? And if so, is it possible within a year, or within 5 years?

>>21278719
and we get it just for holding xrp?

>>21278717

>>21278855
Check doble get
He mad.

>>21278835
From what I understand it can be exchanged 1:1? Someone correct me if I'm wrong

So I hodl my xrp and get jewed out of the nwo currency anyway?

>>21278933

you get it alongside your xrp

>>21275458
Daily trading xrp is like planting a seed in the morning and digging it out in the evening because you want the plant. It's a long term hold easly until 2024

>>21275458
You focus on the bigger picture; it's not about short term speculation, it's about long term adoption

>>21279269
wise words anon. I hope we reap well and soon fren.

>>21276474
This site seems gay af yo

>>21274558
Give us best buy and sell dates faggot. Or juicy deets on the NWO kikecoin

>>21279694
Something called Flare should be fiery red, not fucking pink. What were they thinking?

>>21279694
That's not the site

>>21279694
I want flare my cock in kikeanus

>>21278942
Yes boyim

>>21274809
FLARE = Codius integration
flare.ghost.io

>>21274558
is this like xchange swell?

>>21275197
Never, hold XRP forever, hold SPARK forever.
FREE INFINITE MONEY
Selling out is literally monkey tier thinking

>>21277164
>>21277217
>>21277253

https://youtu.be/wMd9mvc8pqA?t=1572

Something tells me majority of ETH projects are about to abandon ship and jump on team ALLTHEMONEY

FLARE x LINK soon. Bridging legacy data to the new chain just became even more important.

>>21281550
LINK ISN'T NEEDED YOU BAFFOON.

FLARE KILLS ETH/LINK LMAO

>>21275966
Carts make me feel fucking weird dude. Like I’m bipolar or something. I got a gpen and I just dab out of that. Started taking wax coating it in live resin. Game changer

>>21281572
Keep telling yourself that

Lol let's see how it goes

>>21281674
You're a brainlet. With Flare, Ethereum and Chainlink will instantly seem slow and outdated (which they are).

>>21276146

Lol

>>21276101
If I didn't know better I'd say you work for the flare team. For anyone dumb enough to fall for this, flare has fuck-all to do with XRP or Ripple in any official capacity.

>>21274558
Is XRP going to hit 2k EOY 2020?

>>21281894
In fact, you can prove this to yourself:
>Everyone who has xrp (besides KNOWN ripple labs accounts)
Don't you think if XRP was involved they'd KNOW all the ripple labs accounts? Seriously, it's going to be awesome seeing everyone send their XRP to this "smart contract" in EXCHANGE for 1:1 flare tokens which will be worthless at best. lol.

>>21282045
This needs to be answered

calling bullshit. Who the F is hugo Philion??? Why trust this MFr over anyone at XRP pls QRD or splain me wtf FLARE is outsideof a shit way to scam XRP from HODLRs

YOU AREN'T TOUCHING MY XRPEES PAJEET

Should I be buying this shit? Thinking of stacking up on XRP + Linkies and holding for a few years.

>>21284105
Buy 1k XRP right now

>>21275268
Yea you fags qre holding those useless bags for kikes who arent giving you anything back

>>21279694
You'd be too if you buy xrp

>>21283113
He didn't answer...imagine my shock.
Reading the white paper and they say don't worry bro...arbitrage will keep the price of fxrp very near the price of xrp...sounds great until you read and understand the part about the collateral ratio...lol. Theyre trying to get everyone who isn't ripple labs to willingly hand over all their xrp. Hahhahaha. This gon be epic.

>>21278855
Naiz,,,..roasted

>>21285370
So what I’m hearing is sell it fxrp right as you get it for just xrp

>>21285604
No. The paper is intentionally confusing. They are using terminology to make the dumb THINK this is like a fork where you will end up with xrp and fxrp after the snapshot. THIS IS FALSE. after the snapshot you will be able to EXCHANGE 1:1 with the smart contract. In other words, you GIVE UP your xrp in exchange for their fxrp token. The dead giveaway is when they talk about the snapshot and how the tokens do not have to match between the forks. This is 100% a scam to get you to hand over your xrp. There is a reason they named it Fxrp. They are trying to FUCK XRP.

Nope not selling...

>>21274558
LITERALLY NOT SELLING

THEY DUMP TO KEEP IT LOW

THEN WE BUY

THEN THEY BUY BACK VIA EXCHANGE

THEY BAGHOLD ALL THE SHIT WERE TIRED OF HOLDING

THEY CASH OUT ON THE VALUE SIDE OF THE SCAM

>>21285950
I’ll never hand over my xrps

Hey everyone, sorry I didn't respond. Was busy with the family. Seeing a lot of questions in here that are good! Flare is not an Ethereum or Chainlink "killer" by any means. Soon there will be good incentive to build upon the xrpl and we will see a few apps (in dev currently) that will switch over to the xrpl. Just as an fyi a lot us on the team hold a decent amount of xrp. Read into the white paper for Flare or even their new designed website. It gives a basic summary and provides enough detail about the potential as a platform for onboarding some CURRENT xrpl users. Investors are making moves behind the scenes. Follow the big money, it's not impossible to figure out.

>>21275656
tell david schwartz i say whattup doge. the fact he has worked in IT for many years is the only reason i buy xrp. sergy and vitalik are 30 and 25. davids been rocking the qwerty longer than these guys have been fapping. i'm sticking with xrp

>>21286244
COMPLETE AND TOTAL ETHEREUM KILLER, DF YOU TALKING ABOUT? FAST DEFI IS WHAT WE'VE BEEN WAITING FOR

>>21286244
The whitepaper DOESN'T SEEM TO LIST THE AUTHORS YOU ABSOLUTE NIGGER. QUIT SCAMMING PEOPLE ON BIZ. YOU HAVE FUCKALL TO DO WITH XRP.

>>21286279
Oh look. The completely natural immediate response to give the illusion that this thread has an ounce of merit. I like how no one has amswered and criticisms I've posted regarding the whitepaper. Maybe since you amd David are such great pals you could give it a look and answer me?

>>21286244
>>21286279
>>21286300
FAGGOT GOTTA SAMEFAG JUST TO AVOID ANSWERING ME. ADMIT THIS IS NOT A FORK BUT AN EXCHANGE. ADMIT THE COLLATERAL RATIO WILL BREAK AND THEREFORE ARBITRAGE WILL NOT WORK. ADMIT THAT FXRP DEVS HAVE NO CONNECTION TO XRP OTHERWISE THEY WOULD KNOW ALL THE RIPPLE ACCOUNTS. ADMIT THAT THIS WILL NOT DUPLICATE TOKENS IN PEOPLES WALLETS AS YOU ARE TRYING IMPLY. FUCK YOU. ALSO.

>>21286446
>>21286574
fuck off shiteyes, wtf are you on about? show me your questions about the whitepaper. i don't know david you nonce, i live in canada. i'm just saying his experience is invaluable when it comes to programming and stuff

>>21281894
>>21282045
>>21285370
>>21285950
>>21286391
>>21286446
>>21286574
>>21286646
Want me to read then out loud to you Hugo?

>>21286789
who authored the ripple whitepaper? david schwartz did man.

>>21286789

>>21275586
PUT ME IN THE FUCKING SCREENCAP YOU NIGGERS I NEVER GET TO BE IN THE SCREENCAP

>>21286861
Yeah. Amd he put his name on it. This idiot you're talking to doesnt work at ripple and cant even write good fud let alone say anything ever to David Schwartz. Come on man we need smarter people here.

>>21274558
boomer taskbar

>>21286936
he probably put his name on it because it is something he worked on. whether that guy works at ripple or not is unknown, yes, that's why i said pass on the message of 'whattup doge'.

>>21286878
And this has what to do with flare fxrp again? Oh...right...FUCKING NOTHING.

Also, this "insider" didn't mention Der Juden once. I'm skepticism.

>>21287067
keep it cool dude, the guy says ripple devs read this stuff from time to time. they're gonna think we're retarded if they see this

>>21287094
Jews think all goyim are retarded, anon.
I just want legendary gains so I can buy the key to my wagie cagie.

WHAT'S SO WRONG WITH THAT?!

>>21287194
when we make it, i'm gonna get a lambo with david schwartz's face on it aka the dream weaver

>>21287094
Imagine believing this larp

>>21287094
No. He says fxrp devs read here from time to time. Are you that fucking thick that you can't see through this larp? Even if ripple devs do come here, fuck them. Now I have to censor myself in case famous person x with high profile status clout might read here? Fuck David Schwartz. Fuck vitalik. Sergey Nakamoto...he cool tho. What up bro.

So this isn't a true fork more like a swap? You need to give XRP to get Flame? ... No thanks.