/biz/ - Business & Finance

>>22430349
I have no idea how people think this is a worthy investment. The tokenomics are shit the foundation and Jed Mcaleb own a huge portion of the supply. Any use case can easily be usurped by competing chains. Look at USDC on ethereum - You can send money back and forth on layer 2 for basically 0 cents instantly. XRP is outdated trash... when is the last time you heard any updates or interesting innovations coming from XRP? This is a bagholder coin of people that bought at prices higher than today and hoping it will pump one day. It won't.

>>22430370
>when is the last time you heard any updates or interesting innovations coming from XRP?
Uh XRP holders getting free 1:1 Spark airdrop? Moron

>>22430385
So you're basically being bribed to hold on to XRP for some other useless shit. Tell me what Spark is and why should I care.

>>22430399
>HDK
DYOR

>>22430405
You had a chance to explain some shit and get me to buy but I won't now. Fuck you.

>>22430370
https://mobile.twitter.com/CryptoWhale/status/1303351428631744512

>>22430432
Why would I care if you buy or not? Miss out if you want to. You shouldn't buy shit you don't understand anyway and I don't feel like spoonfeeding you.

>>22430370
I don't know what to do, I got shilled this garbage during the bull run and was told to 'hodl 2k eoy iykyk' and I bought a huge bag at $2 and it has financially fucked me 6 ways from Sunday. Because I was burned so hard on this piece of shit I didn't invest in anything else that could've made me a massive profit in the meantime because it almost bankrupted me. I think I'm just going to let it go now, the 90%+ loss hurts like fuck but it's a lesson well learned, never listen to faggots like this: >>22430405 ever again.

>>22430450
You won't explain because you can't. It's another useless airdrop for some shit token that nobody gives a shit about. I'll keep my money in the Ethereum ecosystem. Keep buying your jewcoin scam.

>>22430468
Yawn. Your lucky I had this tab open. Read if you want I dont really care.

https://flare.ghost.io/fxrp-walkthru/

>>22430465
Larp, why would you not just hold it indefinitely? If you're truly taking a 90+ loss selling now?

>>22430540
>>22430465
He's got a point, if you basically lost everything on it why not just hold forever. With your luck XRP will have a crazy moon mission the day after you sell.

>>22430481
Thanks. I've bookmarked and will look at this later.

>>22430540
>>22430584
Why should I hold this shit to 10c? I lost most of my fucking trust on this crap, was disowned by my dad and because of it I wasn't even able to go to college and now I work at Amazon. XRP and my own stupidity has quite literally ruined my life. At least if I cash out now I can buy a used honda civic instead of riding the bus with niggers and spics to work every day.

>>22430349
The last month or 3 of the 4 year bitcoin cycle
Ripple shares will probably pump hard and then dump hard too
Big supply coins take a lot of $ to move up

>>22430600
Do it or buy ETH BTC and BNB with your XRP

>>22430611
Ethereum has no problem pumping hard as fuck.

Defi is this bullrun's hypeword and ripple is the complete opposite of defi. It might pump a little with the rest of the crypto market but you won't get rich of it. It has probably the largest and most sad group of bagholders in the space, and the rest of the space knows. One of the founders left with a huge bag and will be providing sell pressure for years to come. Years.
To salvage this wreck, it would have to literally become the world's reserve currency. And as such, many of the bagholders cling to Q tier hopium conspiracies.
Verdict: Sell your xrp bags and find a serious defi project with upside.

>>22430433
Interesting. So another XRP bagholder argument is that competing chains will eventually be deemed illegal, and since XRP is working so hard on regulatory compliance it will be the only choice. A bold stance to take thinking regulators could stop a decentralized economy.

>>22430647
That’s because it gets used
XMR is ecash, ETH is e-stocks or defi oil, BTC is e-gold, BNB is like blue chip bank stock

>>22430741
XRP is a security sold by ripple.

>>22430741

Not bold. The only conclusion you can logically come to unless you are a retard

>>22430741
>A bold stance to take thinking regulators could stop a decentralized economy.
A bold stance to take thinking the average person has the knowledge or ability to break from the financial status quo.

>>22430947
The average person won’t learn everything we do
They’ll just buy Bitcoin and probably Ethereum now
People don’t have our time to nerd out on this stuff like us

>>22430349
>Will this shit ever stop dumping?
not until it does

The more people jump off the XRP train the more convinced I am that this shit will moon insanely hard within a couple years.

HMMMM
they were a centralized coin wanted to work with banks
Now they want to become defi
nigga wtf the

>>22430465
> I didn't invest in anything else that could've made me a massive profit in the meantime
Late reply but be honest, what coin would you have put your money on that would have made you "massive" profit? You don't know. You don't fucking know. You are just assuming eventually you would hit some sort of jackpot when it reality people lose all their money to pajeet scams all the time. Just hold your xrp, it's not like it's going to go much lower.

>>22430600
>my risk tolerance is very minimal
>let me sink my entire trust fund and net worth into this extremely risky coin

I hope you are LARPing

>>22430399
Spark is Ethereum and Chainlink, except it actually works. This is actually incredibly bearish. See, once dummies realize they can't blame their losses on gas fees and transaction lag, it will be universally understood that smart contracts and DeFi are worthless fraud.

XRP = $10 in 2021.
Spark = $1 in 2021.

I have 60k XRP. Do the math.

>>22430349
Ripple corp wages aren't gonna pay themselves

>>22430349
Look at it's value over the years. It's not some high octane gem. Enjoy your boomer gains.