/biz/ - Business & Finance

>>22022422
I feel it.

>>22022478
silver.

>>22022422
https://www.youtube.com/watch?v=k7agiqfuQmQ

>>22022422
Yes son

i bet it's felt rough holding this garbage while the rest of crypto are making insane gain daily. kys and your scam, rippletard

>>22023413
This

Imagine holding XRP. Stay poor faggots

>>22022422
This monthly candle about to close green..

>>22023413

https://twitter.com/bgarlinghouse/status/1299447512915275776

I feel a crash imminent

>>22023236
The absolute state of delusion. Thinking just because you draw an arrow on a chart it's actually gonna go there.

What is market cap?

>>22023767
What is institutional money?

>>22023767
Its number of shares * last traded price, used for stocks to determine their aggregate market value.

However digital assets are a new asset class entirely. Why are you trying to use a metric for one asset class for another? Are you lost? Do you know where you are right now?

>>22023947
Banks will make their own tokens before they use XRP brainlet, go cry in a corner when you realise XRP is the dumb money token

>>22024279
>banks will easily create a token which has more than 8 years of expertise behind
Ok buddy

>>22024262
Yet all the digital assets use it
This is such cope from a schizo it's just sad to look at

>>22024297
The truth about XRP has been known for years, yet its bagholders are as delusional as always

>>22024304
ok bud, you tell me what is market cap is and how do you use it?

>>22024430
Ok. Is that all you got?

>>22023947
Not in XRP.

>>22024455
You explained it perfectly brainlet. You just don't see that even though it's made for another asset class it can be applied to others too that function in the same manner.

When ripple dumps 1mill tokens on you monthly it still erodes the value of your bags all the same as it would have with shares because of increasing supply

>>22024616
so you didn't answer my question...

how do you use it?

>>22024683
You use it to calculate the total value invested in an asset. For XRP to go up to $150 like the brainlet chart above suggests, it roughly needs to do a 450x from its current value of $12,713,104,450.

Thats $5720897002500 in a dumb money token. Not gonna happen frens

>>22024888
AHAHAHAHAHAHAHAH

>>22024888
Checked. Fuck all these brainless ripple shills.

>>22024888
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

read that

>>22022422
I can feel it....it's.....it's stable and always will be

Imagine, you could have 10-20x your bag in the last 3 months, but no you still hold on to your scam, in poverty

>>22024888
>Number too big for me to believe

You're literally just making an argument from incredulity. Just because you're too small-minded to conceive of something doesn't mean it can't occur.

Thanks for the digits fudbois

>>22025103
>http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
I've seen it before, It's just a cope article made to keep you shizos from thinking XRP has a chance to reach your delusional prices

>>22025098
And yet everything still follows the rules of market cap. It only ever doesn't in your fantasies where you get rich off an already overbought asset.

>>22025155
Ok guy, you keep clinging to fantasy numbers. I'll trade actual crypto with a real chance at 450X, way before all the planets align for you.

>>22025183
that's one thing to read it
but to actually comprehend the simple multiplication concept is better
FUCKING RETARD

>>22025183
So basically you admit that you won't listen to any sort of reason or information provided and you are completely stuck in whatever position you put yourself in?

>>22025219
>follows the rules of market cap

oh please do tell, what are these "rules of market cap"

>>22025222
Btw, you never actually answered my question "what do YOU use it for?", you only answered your own question of "what is the formula used for"

so I'll ask you again, what do YOU use market cap for?

>>22025228
Thats beautiful coming from a cripplet

You realize all the rest of crypto plays by the same rules yes? By your logic BTC is going to $5 400 000 a piece EOY. You guys are DELUSIONAL seriously

>>22022422
No.

>>22025308
>rules of market cap
number x number = number
Find an exception.

>>22025355
>By your logic BTC is going to $5 400 000 a piece EOY.

Ok, what exactly do you think my logic is? Could you walk me through what exactly you think it is I am saying?

>>22025398
god have mercy on your soul, you are so fucking stupid

>>22025407
Thinking $150/XRP is feasible by 2021

>>22025468
>if I say he's stupid, I don't have to prove him wrong
30c eoy 2030

>B-b-but the Oracle problem!
>SmartCon is gonna be huge! Sergeii will reveal that he is really Japanese samurai Satoshi!!!

>>22025494
That's not logic, thats a statement. Walk me through how you think that my logic means " BTC is going to $5 400 000 a piece EOY"

Holy shit I bought at 25 cents and have made 5 cents per xrp. I am fucking rich.

Bros I think I feel it. I bought XRP and now I’m certain of this feeling...regret.

>>22025544
>brain damaged XRP holder starts babbling link fud in a thread where no one even mentioned link
Holding this shitcoin is really doing a number on your sanity.

>>22025536
You are so fucking stupid because I wrote out the formula here
>>22024262
You are such a dumb shit that you can't even pay attention to the thread that you are in. That's a low bar and you fucked that up. You lose, you don't get anymore attention.

>>22025578
Now you are just fishing shizo. You know exactly what I mean, if XRP can get to 450X by EOY because you can conjure up in 5 trillion in your head, then bitcoin can do a 450X too, because why not?

>>22025745
this has to be a troll

>>22025715
>You are so fucking stupid because I wrote out the formula here
How does that make me stupid? You're the one that says it doesn't work because.... reasons. Then you provided no exceptions that prove your point. You're not doing a good job convincing me.

>>>22025715
>>22025773

MuH institutional money are going to buy my bags off me at absurd prices, because we're all in LALA land where money grows on trees and and I shit chocolate syrup

>>22025745
>You know exactly what I mean

I don't though, I'm trying to figure it out, that's why I'm asking questions.

>if XRP can get to 450X by EOY because you can conjure up in 5 trillion in your head, then bitcoin can do a 450X too, because why not?

wow, I'm actually having trouble responding to this because of how retarded this is. You can't compare bitcoin to XRP, they are two different networks with different values with different reasons for why they have value or will have value in the future. One going 450x doesn't mean the other will go 450x.

This is your brain on market cap guys. Not even once.

IM FEELING IT BOYS
IM FEEELING IT IN MY FEELERS
OOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOooooooooooOOOOOOOOOOOOoooooooOOOOOOOOOoooooooooo

>>22022422
How does it feel to have the CEO of Ripple get BTFO by a competitor on Twitter?

>>22026031
>if I say he's retarded, I don't have to prove him wrong

>>22026068
Add this to your folder of shit that won't work
XRP is the standard.

TFW it's not going to do anything. Like always.

>>22026068

Lmao yeah some guy on Twitter is about to end ripples whole career

>>22026031
>wow, I'm actually having trouble responding to this because of how retarded this is

This has been me every time I see a cripplet thread on /biz/

>One going 450x doesn't mean the other will go 450x.
exactly

>>22026160
this has to be a troll. You got me buddy, haha. No one can actually be this retarded

>>22026031
>These are two different things
>xrp can hit infinite value obviously cause reasons
>btc obviously cant hit infinite value cause reasons
>they are different

>>22026212
>please please please stop trying to prove me wrong I have no arguments to prove you wrong please just stop

>>22026246
Here's a thought experiment for you

You have two network with a fixed supply

one is a network that is scalable, has 4 second transaction times, microcent transaction fees

one is a network that isn't scalable, has anywhere from 30 minutes to 3 day transaction times, and fees ranging from $1-$55 dollars

Which network would you consider to have greater value?

>>22026362
muh ecosystem

>>22026285
>IF YOU KNOW YOU KNOW
>SCOTTY DOESN'T KNOW XD
XRP holders have been using vague phrases like this for years to hide the fact that they have no real reasons for why they continue to hold beyond speculation based on nothing but their own deluded fantasies.

>>22026386
Feel free to answer the question.

>>22025308
YOU dont use the market cap, that's like asking what do you use Bill Gates' net worth for. Stupid frog poster

>>22026362
The network that isn't centralized and minting new tokens at an alarming rate every month just so it can support the company running it.

>>22024430
is that the post where you need to use future money aka theoretical mathematics?
kike shit

>>22026398
don't bother responding to bots/pajeets
if anyone is dumb enough to buy xrp they deserve it
in fact it's kind of funny

>>22022422
I just want to make it

>>22026485
Then buy something else.

>>22026437
That's where your wrong, kiddo! market cap is used in acquisitions and mergers when dealing with the stock of a company. Market cap actually has a use when you are dealing with companies.

>>22026530
Market cap changes as a consequence, you don't "use" it.

>>22026212
Being brainwashed in your XRP echochambers during the whole bear market has done a real number on you cripplets.

Everyone else seems retarded to you except the people who agree with you. HMMMMM

>>22026443
the network is decentralized, anyone can run a validator node.

And the supply is fixed, there is no minting

This is all open source and publicly verifiable

https://github.com/ripple/rippled

There ya go buddy, you can verify these facts for yourself.

>>22026609
>15 posts by this ID
HMMMMM

>>22026627
Where are there exceptions where price defies market cap?

>>22026641
D E D I C A T E D

damage control on overdrive

>>22026602
You use it when determining whether or not you want to acquire or merge with a company. You can't do that with crypto.

>>22026627
Just because it CAN be decentralized doesn't mean it is.

Also if 1mill are being dumped on you entering the circulating supply each month, does it matter where they came from?

Oh wait, you don't believe in market caps, my bad. I see this is a dead end

>>22026641
Well someone has to try and wake you up

>>22022422
If you xrp bagholders want to make some money on a different worthless shitcoin, swing into LTC, it's about to pump $10.

>>22026776
https://xrpcharts.ripple.com/#/topology

The validators are all on there. Its all out in the open. ripple lost control of the network years ago, they only have 7% of the validators now

Yes it does matter where the 1 million is coming from. Its not being minted like you falsely claimed.

I believe in market cap, as in circulating supply * last traded price = market cap. I just know that it isn't a useful metric for determining the evaluation of a network.

Feel free to answer this question, anon
>>22026362

worst coin of all time (WCOAT)

>>22026843
My portfolio is unironically 54.33% XRP and 32.74% LTC

>>22022422
I feel the slow, painful death of boomers on pain meds and government welfare

>>22026816
yea but dont you know, get woke go broke!

when XRP moons the pink wojack flood will be truly legendary EOY

>>22026891
Listen guy, it doesn't matter if XRP is faster cheaper and more scalable than BTC because BTC is like a force of nature of this point. It's the most decentralized network and as long as that is true, the safest.

You have me sounding like a maxi, but I actually prefer alts. Just not the ones that pray on dumb money to pump at the end of each cycle covered in hopium implying that institutional money are interested in it.

GL with that 150 EOY, planets aligning an all that

>>22027199
But China

>>22027199
lmao ngmi anon

If XRP is so great, why is it so cheap?

>>22027302
lurk more

>>22027199
>BTC is like a force of nature of this point. It's the most decentralized network and as long as that is true, the safest.
kek imagine when the g7 nations blacklist filter range ban chinas ip tables and their mining monopoly gets fucked

>>22027395
I imagine XRP will still be holding steady at 30c or below when this happens.

>>22027432
xrp will go under 0.10 one more time to shake out the small baggers

>>22022422
>>22027412

>>22027199
>Listen guy, it doesn't matter if XRP is faster cheaper and more scalable

Holy shit, the absolute state of cope

"Bro it doesn't matter that XRP is better by every definable metric, bitcoin is better because FEELINGS"

OK BUD KEEP TELLING YOURSELF THAT.

>>22027481
Also this lol

Thanks for convincing me to dump my last XRP

>>22027563
You're losing it.

>>22028073

>>22024430
three years later, this narrative is not really relevant.

>>22027199
>BTC
>Decentralized
This nigger.

>>22028298
You really put me in my place by posting this fantastical price speculation with no base in reality. It proves you actually aren't completely losing your mind after all.

>>22028600
You are not going to get XRP for any lesser price than what it is now, stop fudding.

>>22028646
Yes, I know, it's not going any lower. It's not going up either. The ultimate stablecoin.

>>22028704

>>22024430
This some good conspiracy and would explain it's dormancy. Why wouldn't the Patriots just do it over and over Snake?

>>22022478
that looks like one heartbeat and then it died LMAO

I actually feel it.

>>22022478
>first selloff is over
>adequate time has passed
Yeah, it's actually moon time.

>>22022422
No

>>22022422
I feel it anon!
Still accumulating, selling all defi today to put into XRP

>>22022605
Silver has a 40 year cup and handle in development.
xrp just has 3 year long rug pull.

>>22022422
XRP always pumps.

Crypto Erie on youtube said all the money in the world will use xrp. Think about it, that's literally millions of dollars!

>>22029934
*dumps

I still can't feel it.

i bought 12 coins how rich im i going to be

∞

>>22032084
how GAHBAHLAEU BAH EFGHABALAGABABA sound ?

>>22032390
what? lol? i just want to throw some 25cents into the fountain and see what happens