/biz/ - Business & Finance

please anon i just want to make it i live on the floor of my mums apartment i put all my money in xrp because you guys said it would moon its not fucking moving its only gone down pls anon i just want to make it in life

>>22533712
yeah, just like october last year, and the year before that and the one before that

a too often repeated joke gets stale after a while you know

>>22533737
Every joke is half true

>>22533768
half true as in yes there will be a conference and no there won't be any ground breaking thing announced,just more promises of some future use cases and partnerships.

Every year the same shit, it's gotten really boring after all these years

>>22533734
it wont moon in oct, it moons in nov, dec or jan at the latest

>>22533977
Soon your car will park itself
Next year it will
Tech still not finished but soon
>ahh every year same shit
It actually happened and youre outpriced now

>>22534066
or if not then the next year, or the one after that....

as if nobody has ever heard that one before

>>22534150
ok so dont invest and go do something else, nobody forcing you

>>22534142
What the fuck are you even on about?

This is about a fucking conference which Cripple makes every year, with paid guest speakers and fucking Snoops dog and the like, paid for by XRP sales in case you are wondering, and it is always the same song - the future is bright. Yaaaaa-fucking-aaawn

>>22534163
are you investing in swell?

>>22533734
I feel your pain anon. It just needs to fucking moon already before I give up and drink myself to death.

>>22534066
My view is that a run in Nov/Dec would reflect a normie run to claim Spark, which is not the liftoff that was prophesied.

I want a sudden, violent liftoff before that. Before any flood of norms can get in on the game.

My understanding is there’s been talk about Ripple wanting to shake out retail holders to free up bandwidth for institutional buyers. If we get to Nov/Dec with no moon then that shakeout aim will be set back significantly.

>>22534761
there will be no pump unless ripple stops dumping. Simple as that. 55 billion still left to "distribute" it shouldn't take very long, not more than a couple of decades at current rate

>>22533737
>>22533977
>>22534150
>>22534181
this year's swell is going to be huge not just for crypto but crypto/fiat. I'd be buying as much as I can. You have been warned

>>22535221
Wow, I have definitely never heard this one before...

Not ever.

3...2...1....

>>22534887
All the available Xrp will be on the market by 2024. They drop 1 billion xrp per month. This is called an escrow. It is a time based cryptographically locked escrow. You can do research at any time.

>>22535273
They do not sell ALL of the 1 billion you simpleton, there just isn't enough demand for such a volume. They always move 900 mil or so back into escrow upon release and only dump or OTC or whatever they call it this month about 100 mil each month.

Not much of a researcher, are you?

So Ripple is dumping 1 Billion XRP a month?
There needs to be 1 Billion XRP buyers to absorb the supply or this shitcoin scam will keep dumping.

55 Billion undistributed supply
1 Billion a month = fucking 5 years before all the supply is unlocked.

Not buying a single XRP untill 2025

>>22533712
Go over to the XRP/XSG .

We are getting too spread out

>>22535412
they aren't, even though some hard core researchers here seem to have researched some undeniable facts that they are...

I'm sure they would love to, but unfortunately fo for them there just isn't enough retards in the world to absorb this kind of dumping.

>>22534887
I’m hoping that the dumping is simply to maintain an artificially low price until adoption. It should stop after XRP starts being used in the real world to a significant degree (or will continue but with the aim of supporting a higher, real world price against speculative swings). None of their primary use cases would work in the real world with the price where it currently is.

To what I presume is your point, I may be completely wrong - this may all be a scam. I may be a blind fool chasing schizo nonsense. I’m certainly putting more and more hope into it as my one chance of escaping my life (other than the lottery or an hero) and that’s probably just going to end in bitterness and disappointment.

But I think the only cryptos that prove to be a real world success are going to be those that look to fold into and adapt the current financial system (not those that seek to rip it up and start anew) and for now, XRP seems best placed to do that.

Im not interested in BTC or Eth, because any gains there wouldn’t be enough to get me out. I’m not interested in shitcoins because I haven’t the patience or capital for what is in my view essentially gambling. If the schizos are right, the gains on XRP would be enough for me to completely start afresh.

So I’m all in XRP and I’ll hodl. Out of principle, I wouldn’t now drop my bags if my life depended on it. It’s the moon or bust. With diamond hands and pure, unbridled, full retard hope I’m in all the way up or all the way down.

You do what’s best for you and I wish you the utmost success.

I’ve chosen my side.

>>22535487
nice copypasta bru - almost brought a tear to me eye.

>>22533734
it's too late anon

the xrp shilling was for the redditors and normies who come on to biz to try to abuse the 4chan incels/downtrodden/losers/neets/depressed for financial advice because they want to get rich quick without doing the work.

your IQ wasn't high enough to get through the filters, anon.

>>22535487
>5 years is like 5 decades in crypto.

5 years = 1.25 halving cycle..
5 years is enough time to make your first million in crypto, just by holding Layer 1 protocols.

>>22535575
Thanks. I was quite happy with it

>>22535607
Point taken but I just had to google what a Layer 1 Protocol is. I know very little. If I try trading anything else, I will almost certainly get wiped out like a mong virtually immediately. I might as well stick it on some football accumulators.

>>22535808

Layer 1 protocol in web 2 (current era) = telnet, http, ftp, pop3 etc. These protocols have no value, can't be traded, they are free.
These protocols can't generate value... value is derived from business that build value on top of these protocols.. Facebook, Amazon, Ebay.

We're entering web3 era. Now layer 1 protocols like Ethereum, Dot, Nervos, Dfinity are no longer free to use. To use these platforms, you need to buy the resources that power these web 3 platforms. Transaction Fees, fees for storage etc etc.
Value capture is now upside down.
The protocol has become valueable...

>>22535221
There has been 3 swells pass three years and the price either dumped or stayed the same. Nothing will happen until all the banks are holding xrp. All these bullshit news and schitzo regulations is just hopium for investors to breathe in. It should take 2-3 years for them to finally pull the switch. They’re nowhere near ready.

>>22535977
Thanks, that’s something I’ll look into more.

>>22535977

forgot to mention...
cryptomarket is tiny - there is massive room for growth.
the biggest economic miracle of the last decade isn't China..
It's going to be the web3 cyber economy We are talking about the fucking internet as a whole.
quadrillion of assets are going to be tokenized once the S.E.C gives green light.

Layer 1 will form the foundation of the web 3 era cyber economy.
All this shit was predicted in 1991 - book the sovereign individual.

>>22535221
IMF, Global Settlement Standard, Nostro Vostro accounts... this gets me so hard

>>22533734
consider it buying opportunity.

>>22533734
>>22536976
Just accumulate. Women will get wet just being around you

1 XRP =$10,000 EOY
It’s all in the math

>>22535487
I felt exactly like you anon, when I first came here. Then I researched how xrp would have to be implemented to moon to even $10..
It’s literally impossible. This coin is powered on hopium alone.
When will you accept that it’s going nowhere and how will that effect you come New Years?

>>22535310
kek XRP cucks btfo

>>22533712
XRP will never be above $1 ever again.

DMG fixes this.

>>22538499
>>22538515
>>22538770
Price Target $8,222
https://twitter.com/ben_gravis/status/1300561509941235713

xrp has been around for a looong time, yet they have accomplished almost nothing, other than devs dumping on retards. Cucks, moneygram doesnt even use xrp. If it had any good usecase, it would have been adopted by now

>>22536245
What tokens would you suggest to look into?

>>22538880
Are you the anon from August? Saying today is the last date you would post?

>>22538956
In fairness, as far as the main use case (wholesale banking transfers), it literally couldn’t be adopted before now (and even now, it’d be a tough call), because the regs weren’t in place. No banks/financial institutions will implement until the regulatory framework is clear. So not having been adopted by now does not indicate that it won’t be adopted ever.

Head over to XSG and learn a few things fren. Once you see it all cack handedly put together with gematria, you might start to come around.

>>22538989
layer 1 protocols

>>22539105
What would be examples

>>22534761
You are the normie, retard. It’s so fucking obvious and right in front of your midwit face

>>22538956
>accomplished nothing
It’s the only coin that has really accomplished anything legitimate. Unless your success measure for other coins is green line go up because of pajeet

>>22538880
When is this date?

>>22538515
I get what you’re saying, but like I say - I’m all in and am gonna win or bust. I see it as having 27k lottery tickets. The chances of winning might be slim, but if I win I’m set for life

>>22539191
No, you. Faggot