/biz/ - Business & Finance

we always have been
for years
iykyk

not buying

>>22878822
the digits speak truth

>>22878822
Explain OP

Klaus betray

>>22878894
On the surface ripple has the best tech and real connections to legacy financial institutions. Regulations and national digital currencies are around the corner. None of the shitcoins around today will survive.

>$0.24

>>22878822
I have 5000 XRP currently and it's fun to larp about 2k eoy and all that shit.
But holy fuck the amount of shitposting I'm gonna do if these fuckers in /xsg/ are right, oh man.
For every 100 XRP I have, I hope to drive at least 1 anon to suicide.

That said, I'm only holding until Dec 12th.

>>22878927
Fucking this. Imagine STILL not being in profit.

>>22878925
what made you realize lol

>>22879017
I had been paying attention but the WEF article did it

>>22879096
Welcome aboard, anon.

>>22879096
wrestling is fake idiot

>>22879355
whoops sorry thought you wrote WWF

>>22879096
Also, thanks - your post convinced me to up my stack.

>>22878959
its been years but I'm down 92% of my initial investment so I cant fucking sell I have almost 60k xrp I just want to make it or even make a cent fucking stinky linkies are all rich and I'm just getting dumped on by the devs I just want to say pls pls please stop dumping I am in hell and I cant get out

>>22879096
what article
OP is probably an oldschizo larping as nuschizo btw

Fuck you I might end up buying a small bag of that crap just in case you were right

>>22879531
https://dailyhodl.com/2020/09/27/world-economic-forum-names-xrp-as-crypto-asset-most-relevant-in-central-bank-digital-currency-space/

>>22879471
Damn bro. What did you buy in at? $2.50? $3?

I mean, that’s on you. You bought at (or close to) the ATH. You FOMO’d in and lost.

XRP isn’t a pump and dump. It’s a pump. Just one pump. Essentially, if it does what it’s trying to do (win the interbank/inter-CBDC market), it’ll moon beyond your wildest dreams. It is the front runner (by a long way) to win the market**. Until that goal is achieved though, it’s not going anywhere and never was going anywhere. I’ve watched XRP since 2016 and did nothing until the 4th of Sept this year because that’s when regulations started coming in. If you were trying to turn a profit on a coin aiming at the interbank/interCBDC market before there were any regulations in place, you are, I’m afraid to say, a halfwit.

**Of course - if another coin emerges to take the lead in XRPs target market, then you should sell out and switch to the new leader.

>>22879593
sell with what?! I can buy a new coin with what?? You all said xrp was going to the moon not doing a 3 year slow deathspiral! Holyfucking shit three years anon three fucking years of red and only red I had so many plans you said "just buy and don't check prices for six months". I'm severely retarded for buying this shitcoin but honestly fuck you and everyone who shilled me this financial deathtrap.
I'm so fucked beyond fucked and every month since them I've been hearing just one more month just one more month its coming next month next month more contracts more sign on's more news ITS ALWAYS JUST ONE MORE MONTH THE DEVS WILL NEVER STOP DUMPING ON US WE ARE IN HELL WITH OUR FUCKHUGE BAGS AND WE CAN NEVER LEAVE

>>22879741
Well, that’s life kid. The weak, the stupid, deserve to be culled as you have been.

They were never going to go anywhere before regulations (I regret now not buying in 2016, but at the time, there wasn’t enough there for me to bet on). You threw money at it either without actually looking at what it was and what it was aiming to be, or (even worse), after looking at it you decided to fomo in despite the fact that they were clearly nowhere near ready. The regulations are and always were the key.

Meme dates are fud. Even eoy is fud. The fundamental truth is that there is a market there to be won, that market is huge and XRP is in the lead to win it. That’s the underlying logic of all the schizo stuff - as things currently stand, XRP is destined not only to moon but to completely dominate. With the regs coming out, their plan is nearing fruition.

I feel for you to an extent. I’d hate to be in that position. But really you should be directing your anger at yourself for being such an idiot - and not at anyone else. “Shills” only work on the stupid, anon.

>>22879585
Can the daily hodl be trusted? How legit is this? If truebwhy is XRP still .24 im fucking confused. Lit of real talk of cbdcs coming, fed air drops to save the economy blah blah.. is any of this shit fucking real?

>>22879843
I can't argue with that but I'm still fucking mad.
Now I'm stuck with these literal schizophrenics all shouting $2k over and over and biting anyone who shows them a ta. They are all 10x more autistic than me on the worst fucking day, so I'm here, waiting for... $2k........
I'm not comfy anon I just want to be comfy again I cant even remember what comfy feels like

>>22878822
gimme and eoy

>>22879912
someone tell me what being comfy feels like please

>>22879741
You bought Ripple's bags, if this was a sure fire 2k they wouldn't be promoting it on here and the trading volume wouldn't be crabbing as much as it has, there would be price action to indicate something is a good investment like what happened with BTC before the moon but there's nothing in the TA to support this coin doing anything but continuing to bleed. I don't know what advice to give you since you've incurred such a massive loss, but honestly my condolences. Next time you make an investment pay attention to the mcap and token circulation, these meme high circulation payment banker coins are a fucking scam.

>>22879912
>>22879926
I’m sorry mate, that sucks.

For what it’s worth, I don’t think you need to be any less comfy than me. I’ve got 60k too and I’m literally depending on this mooning to save my life. Without it, I’ll be living in a bedsit in south London this time next year. If it does what it’s meant to do however (whether that is this year, or next, or whenever), we’ll have made it. Just hodl on to that thought. As things stand, XRP will moon some time. You’ve just got to hodl. You’ll make it anon. With 60k you be living the good life. Head down and march though whatever you’re going through and I’ll see you on the other side.

>>22879926
It's when you wake up, check your portfolio and you see green everywhere. Your bags have 100%'ed over the night, you waste all your day thinking what you are going to do with all that money. You want to live, you are happy, you want to share this happiness with everyone so you shitpost on /biz/. "This is where my life finally starts for real!" Your job isn't so bad anymore, chores are fun, all problems bothering you for years just don't matter anymore. You go to bed and fall asleep quickly excited to start another day.

>>22880008
I'm sad to hear you're doing it rough anon, atleast I'm not alone in this mess. If they are right we could have hundreds of millions. But I gave up on hope long ago. It's the fucking devs they will never stop dumping. They openly talk about it. I cant be fucked ever touching a market again. It's xrp moon or nothing. See you on the otherside fren

>>22879967
>Ripple dumping
>TA

Buy your rope now.

>>22880123
I mean think about it realistically anon, do you think Ripple is going to be worth more money than actually exists in the world? The CIA estimates there's 80 trillion dollars in circulation in the world -- take XRP's 100b circulating coins and multiply it by 2k and then just seriously think about it. Even $8 would put XRP at 8 trillion dollars, it's just not going to happen, even Santa Claus is more logical defensible than this. Couple all of the above with the fact this coin has suffered the worst inflation I've ever seen in crypto due to the price manipulation and massive dev dumping and minting new tokens with an incredibly slow burn rate and you have a recipe for a shitcoin. Mathematically XRP shills can't explain this so they rely on tinfoil NWO /x/ tier bullshit to rope people in and scam poor people who need some hope with a sense of community so they can dump their bags. It's evil and a scam. I would immediately sell all your coins if this shit hits 60 cents in the next bull run. I'm not going to fill you with hopium, I genuinely care about anons on here.

>>22880144
I bought ETH in 2015 instead of XRP, I'm doing just fine, thanks.

>>22880123
One of the most bullish aspects of all of this (for me) is the dumping. They’re deliberately suppressing the price, which should indicate that the natural price is higher. I don’t know what that high point is, but at least it’s a chink - there’s a level that’s being hidden from us.

Anyway, we’re ultimately in the same boat - XRP moon (or the lottery coming through!) or bust.

I know it’s hard to hope, but don’t let it die. We can make it through. We can survive whatever comes. Hopefully that’s the moon, but even if it’s the gutter, we get up and start again. We’ll all make it in the end or die trying.

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: ‘Hodl on!’

...

Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!

>>22878822
and I'm right that they are wrong and you should be getting into Clvoer 42

>>22879585
That’s bs, look for the article then search for xrp. Its only mention is as a possible example for bank2bank transfers
Gg schizos

>>22878927
Classic high quality FUD. always makes me kek.

>>22879873
do you believe that Ripple has the ability to suppress the price? do you believe they would have an incentive to do so? do you believe if it was in their best interest to keep price low they would be doing it right now?
if yes you have your answer

>>22878931
5k here to fren, not willing to put anymore into this, unfortunately.

>>22879912
your life is your life
don’t let it be clubbed into dank submission.
be on the watch.
there are ways out.
there is light somewhere.
it may not be much light but
it beats the darkness.
be on the watch.
the gods will offer you chances.
know them.
take them.
you can’t beat death but
you can beat death in life, sometimes.
and the more often you learn to do it,
the more light there will be.
your life is your life.
know it while you have it.
you are marvelous
the gods wait to delight
in you.

>>22880857
Charles was a madman, powerful stuff anon

>>22880258
>We are both going to make it or die trying
The feels from this. I started to learn to code when everything went under. I'm running my own small business which gets me by. I enjoy the university fuckers doing their 4-5 year degree endlessly seething at me for skipping the queue. I hate this though. It's fucking frustrating work and even years later I have no idea what I'm doing. I just say I can do everything the client wants then google it or hire someone with a degree at minimum wage on a brief contract. I hate this so much.
I want to do great things anon. Not just be comfy but climb mountains and travel the oceans. I want to see everything that can be seen in this life.

>>22880857
>>22880258
>>22880102

Thanks fren's. I'm feeling comfy for the first time in years.

im a poorfag, is 60 xrupees enough to make it?

>>22881012
I’m glad we could be of some help anon. Come over to XSG. You’ll be home amongst us. We all share the same hope for XRP

>>22881853
To make it? No.
To make a difference to your life, sure.

>>22880223
>what is derivates
>what is the illusion of market cap

someone tell him. he clearly doesnt know
or don't

IYKYK

>>22878931
>XRP
I have 2 € in it. I hope i could buy cigs at the end of the year.

>>22882453
hoe does 16,200$ sound like to you?

>>22882514
uf

No. They aren't.

This thread was painful to scroll through.
Big yikes folks. Mega yikes.

>>22883040
Benis got bizters.

xrp sucks

Well XRP is the standard so

>>22879843
Do we know when the pivot point on this is?

>>22880397
>only mention is as a possible example for bank2bank transfers
That's literally what xrp is for you idiot. That's the most important part

I missed 20x on LINK because of you fucking retards I finally understood nipple is some next level trolling when Schwartz released a video saying "no incentive is best incentive" you motherfucking trollers

>>22878822
Checked and nice digits!

>>22883304
Nope. The truth is nobody does. Not even Ripple. You just have to understand their goal and understand that they’re clearly making progress in achieving it. The rest will follow in due course. It could be next month, it could be in a year.

>>22879471
Damn bro, I started accumulated around 22c to 30c and above 75k xrp and looking at adding more.

>>22879967
>Ridzwan Rodzi
>Mohammad Kaynal
this new fud is fire dawg

>>22880223
>how can the derivatives market exist if there aren't 1 quadrillion dollars in the world
oh my sweet summer shill

>>22880397
>XRP is only relevant because of its foremost intended use case!
shocking isnt it

Xrp will rise even if its a blip, don't get fucked in the cesspool of severe shill delusion

>>22883865
>it could be in a year.
If you're following the news at all you'd understand that it has to be by the end of this fiscal year.

>>22884357
I mean, listen mate, I would love for it to be this year. As noted above, I’m actually pretty desperate for it to. But quite simply, no, it doesn’t HAVE to be this year. It’ll happen when it happens.

>>22884410
It absolutely has to be this year. The FED is printing out of control. Hyperinflation will set in unless we transition to a new monetary system.
On top of that regulations are already coming out and central bank digital currencies are being produced this year.
With china's hold on BTC and ETH we (America) absolutely needs a response this year or China will lead the way.

This is absolutely happening this fiscal year. There is a deadline. This is a race to lead the next industrial revolution. Maybe not the full moon, but the adoption of XRP as a bridge asset

>>22880236
Didn't XRP go up more?

>>22884518
>It absolutely has to be this year.
Nah bro I'm with the bong on this one. Nothing is set in stone and all any of us have to go by is the fuzzy second hand information that trickles out of a sea of disinformation.

For you to make a claim with absolute certainty regarding their motives and intents signals your ignorance to how pathetically insignificant you are to them.

>>22884518
Ok buddy. Whatever you say.

Like I said, I hope it does noon this year. But nothing you’ve said there means that it will. All the hyperinflation etc., is overblown doomsday stuff. Major banks (I work for one) are not ready right now to use XRP on a large scale and CBDCs will not (for the jurisdictions that matter) be in place this year. That’s all just my opinion of course. I’m hoping that enough 2nd and 3rd tier jurisdiction banks are picking it up and that that, in conjunction with easing of price suppression by Ripple, will see a small moon. That’s my realistic best case though.

The underlying point here is that meme dates (and yes, “this year” is a meme date) are fud. Bet on the project, not a date you’ve decided on. It’ll happen when it happens and if it doesn’t noon this year, that doesn’t mean it won’t noon next.

As long as you’re hodling, you’ll make it - hopefully, this year!

>>22878822
I see mental illness threads I hide mental illness threads

>>22884775
>Major banks (I work for one) are not ready right now to use XRP on a large scale
Stopped reading there. Things will change on the backend and you won't even know. SWIFT will be working with Ripplenet in parallel. You'll keep using swift, the corridors change on the back end. Pic entirely related, it's happening this year

>>22884518
>>22884775
I should add - the signs are there that we’re close (regs and talk of CBDCs in particular). But we’re talking about a game changer that needs to pass through some pretty large, slow moving, bureaucratic processes (central banks, large investment banks, government approvals (hell, even the regs still actually need to be passed)). It’s not something that I would expect to happen overnight.

>>22879873
read it yourself, ctrl f XRP

http://www3.weforum.org/docs/WEF_CBDC_Policymaker_Toolkit.pdf

>>22884948

since we're tending more toward digital national currencies rather than a tax-free decentralized revolution, i think ripple is in a much better position than most cryptos.

>>22884943
No it doesn't. It just needs adoption by swift/IMF as everyone becomes iso20022 compliant, which has already happened

>>22884940
I assure you, I’d see it. If there is a contract (Confirmation) for £100mn vs. $120mn, it currently wouldnt be permissible to send XRP (the contractual obligation is for settlement of £/$). We would need to amend the contractual arrangements. Also, we’d need definitions and guidance on what happens if the price of XRP moves (even a little bit) during transit. Have I just sent £100.00000009mn and not £100mn? What happens? Am I reimbursed? There’s a hell of a lot to sort through.

You can stop reading whenever you want, but this is my world and I am trying to tell you something about it. It is not an attack on you or on XRP. It is an honest assessment of what I think will happen. You can take it or leave it.

>>22885086
Australia and the EU are not scheduled to be iso22 compliant until 2021-22.

>>22885101
You're not the one sending the XRP
Swift is moving it via Ripplenet/xrp
You're still dealing with SWIFT.
Everything you're contemplating is already settled.

You will not see or touch XRP at the initial turning point.

>>22885086
https://www.finextra.com/newsarticle/35463/swift-delays-iso-20022-cross-border-payments-migration

All of the schizos are right. Ripple schizos get to be the countryless money of the future. Algo schizos get to be USDCoin. LINK schizos get to run data transfer.

>>22879843
All xrp shills sound exactly like this. Paragraphs of words that sound smart if you’re a low IQ neet or a teenager but in reality he said absolutely nothing. Just a round about way of saying “hold for another 3 years trust me bro” it’s fucking pathetic. Even if ripple tech is adopted for central bank currencies they will just fork it and use it for free like everyone else. Xrp is not needed it’s nothing but an unregistered security that they use to fund their operation except it gets you no equity in the company. And you cucks just keep holding and as they print and dump load after load of coins on your faces as you wonder why the chart looks like this.

>>22885101
Isn't that a feature of xrp tho? Knowing exactly what the costs would be before the transaction?

>>22885180
Again - where are the contracts for this. Presently - I give swift my £ and they send it where it needs to go.
If swift are converting in and out of XRP - same question as above: what happens with price movements (however small). What happens if there is a liquidity squeeze and swift can’t source the required XRP or the required £ on the other side? Who is liable for that? Am I paying or is swift? If it’s nothing to do with me, swift should pay. I need that in contractual form so I’m not bouncing my ass around the courts trying to settle it.

>>22880008
Oh man this is so sad. And hilarious. As annoying as these shills are it’s pretty funny that they are financially raping all these reddit normies and probably causing quite a few suicides in the coming years. Carry on.

>>22885301
https://www.bbc.co.uk/news/amp/business-54261382

The point made earlier about China pushing out their own CBDC is real and the race is on. American cant be left behind on this, what other alternatives for them are there?

XRP is both the bank and the kike at the same time (i know it's an oxymoron)
It's literally an e-shekel.
fuck you pajeets, keep coping.

>>22880258
>They’re deliberately suppressing the price
Price suppression is ultimate cope. Go into any stratera thread they are saying the same shit. If this shitcoin is really worth $2k why in the fuck would anyone be fudding/suppressing when it’s already down 95% from ATH and hasn’t pumped in years? A 10,000x isn’t enough? I know you’re a discord tranny but still give me a break.

>>22885273
I suppose I f you’re buying in and selling out, you would need to do it simultaneously in order to remove all risk. So essentially, I buy my XRP in London (in £) and simultaneously sell that in [destination] using £. That’d guarantee no shifts in price Would affect me in transit. It would still require me to use a corespondent bank in [destination] though. My understanding is the ultimate goal is to just send XRP instead of £ and have the counterparty convert as required. There are reams of ISDA and others) definitions booklets on how to deal with FX trades, swaps, commodities, etc., covering market disruption, what counts as a business day, all of that stuff. I imagine we would need similar for XRP

>>22885191
https://www.coindesk.com/swift-chief-announces-integration-with-r3-at-paris-fintech-forum

Mines more current

>>22885371
I don’t disagree. But that doesn’t mean getting there this year. It’ll take far more that digitising it to make the yuan challenge the dollar.

I hope it all does come to pass ASAP (XRP morning that is), but that doesn’t stop me from exercising my rational view of the likely path.

>>22885549
Thanks, I’ve seen that, but it’s not relevant to the point I was disputing (that swift is iso22 ready now)

>>22885050
Spot on. Crypto was born out of a hope for freedom now its going to be used to control.

XRP is in a position to explode with its ties to institutional finance.

>>22885480
Have a (You). Your fud is so lacking it’s likely the only bite you’ll get

>>22885677
Checked and Bingo - it’s the only standard.

>>22878822
Schitzo's we're jumping ship as of 2 months ago,

this project is a floating barnacle it's got no rock oto schtick too. Our reliance on getting emotion kick by "offending 'people' "online does work it allow a nicer reality trust the plan eGLD

>>22886349
What the fuck are you even trying to say pajeet, sell your 500xrp bag and stay poor forever

>>22886405
baste Garthposter

>>22879593
>XRP isnt a pump and dump
Hey retard, look at the chart history of XRP and tell me, how those straight up lines and bleed to nothing every freaking time aren´t a PnD. your are clueless, if you buy this shit, you deserve to stay poor forever. jed is having a party on the yacht while you are busy wagecucking and buying his bags. lolol

>>22879355
>that first kek of the day

>>22881999
checked.
>>22882453
How does 30+ cartons sound?
>>22883821
He also said the valuation has to be high because of the burn. It only works at high value, which in turn lowers the cost per transaction.
>>22885480
It has been explained......over and over. Lurk more.

>>22886711
fudbingo.com
you are all fucking retarded. I'll be laughing when it moons and you are all posting pink wojaks

>>22878931
Keep some til beginning of Feb. A suicide stack.

>>22878822
>XRP still at $0.25
>XRP schizos are right
Pick one (1) option, please.
Friendly reminder: JEWS WILL NEVER ENRICH YOU. XRP IS THE ULTIMATE BANKER'S HEDGE: IF CRYPTO DIES, BUSINESS AS USUAL. IF XRP SUCCEEDS, THEY CREATED IT. IF XRP FAILS AND CRYPTO SUCCEEDS, EVEN BETTER, THEY TRICKED ALL OF YOU DUMBASSES INTO EXCHANGING PRECIOUS, LIMITED BITCORN AND MONTEROS FOR KIKE-COIN
And here's when you realize they can't lose. whatever paradigm shift happens or doesn't happen, (((they))) are still in control.

>>22887343
Oh. Still not selling.

>>22878931
>For every 100 XRP I have, I hope to drive at least 1 anon to suicide.
yeesh, what a sad hope for your fellow men. I think karma will give you what you deserve. good luck.

>>22880144
you must be blind

>>22879585
Mainstream crypto news articles speaking favourable??? Incredibly bearish.

>>22887368
that is fine, for only those with prowess are destined to heed my advice in any case.
some of you have forgotten why cryptocurrencies were even created, or perhaps it is before your time.
woe will come to those who foolishly trust the banks again after they do the same mistake over and over, like giving crayons back to a child who has drawn on your walls without punishment, the outcome is inevitable it is only a question of when.
>The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

>>22887447
>linking the ALL-TIME chart in response to someone talking about price dumping on a local time frame
the xrp/btc ratio has been steadily downtrending since august, with august's pump looking like a cry for help anyways.
compare this to monero who is breaking transaction ATH's and about to close its 4th consecutive green month. oh, and ya know, it's actually truly digital anonymous cash and not kike-coins.
I'm going to screencap this for future enjoyment. BOOTLICKERS WILL NOT MAKE IT.

>>22878822
about what OP

>>22880591
FUD stands for fear, uncertainty, and doubt.
XRP being priced at $0.24 is the opposite of FUD. it is real life.
i'm calling it right now: these XRP schizo threads are paid FUD of which its sole purpose is to trick anons into trading limited precious traditional cryptos for (((their))) coin.
and it's working, too. gotta hand it to you shlomo. you'll fleece a lot of idiots.
but not me.

>>22886711
Checked.

It’s not pnd because you’re not looking to turn a profit on short term pumps. It’s true value will only be attained if it achieves its target (interbank/interCBDC market). If you want in on the basis of turning a quick profit, I’d suggest looking elsewhere (at pnd’s). If you want to invest in a project that is fundamentally set up to win a huge market, then XRP is for you. But in and don’t sell until that goal is achieved (which will see significant price movement) or it becomes obvious that another coin has taken the lead in the race to that market. Someone is going to win it - I’m betting on XRP

>>22887851
>Someone is going to win it - I’m betting on XRP
win what, exactly? the US fed is already exploring their own digital dollar. people who actually value freedom are using monero.
so XRP ultimately only has use in bank to bank remittance, which explicitly needs to be free from price fluctuations to remain reliable.
why, then, would a rational human being buy XRP if its main use-case is based on stability, if this human is seeking an advancement in wealth?
>kike shills won't rationally answer this question

>>22887969
>freedom

lmao bud... it's over! THEY just locked down the entire world over the sniffles. if you can't beat em, join em. the masses dont want crypto-anarchism

>>22883717
>>22884013
Key word here "example" and "possible".
So nothing.

>>22886349
>I can’t spell or type

>>22888218
>lmao bud... it's over! THEY just locked down the entire world over the sniffles. if you can't beat em, join em.
no, it's over for bootlickers who do not have the skills necessary to preserve their freedom online. pic very related.
The IRS putting a bounty on tracking monero transactions is merely an endorsement that it works, and works well.
>the masses dont want crypto-anarchism
that's fine, "the masses" don't deserve to make it. those who see through the illusion will make it.

>>22879585
God damn I love watching fudfags seethe whenever this article is posted.

>>22887969
The digital dollar isn’t in competition with XRP. They fulfil different functions. XRP is a bridge asset.
As far as stability, you’re right - that is a key component. But it also needs a price that affords the market sufficient liquidity. $0.25 gives a total of 25bn. The interbank transfers market is 15trn. The price has to rise if it wins the market.
As far as freedom/Monero. I’m having a proper discussion with you - no insults, honest answers, respectfully considering your points. Please don’t spoil it. You’re talking about (relatively speaking) 3 guys in a broken down RV outside some shithole desert town. Freedom is nonsense. It can’t and won’t win. The winner is going to be whatever is backed by the establishment, the power and the money.

>>22888341
I don't see the downside of using both or investing in both. Do your vanilla transactions on XRP and if you don't want anybody to know about it use Monero. If you're so sure the (((bankers))) aren't going to let us win what makes you think they won't take down Monero under some NWO pretense? DIversify your bonds N

>>22882514
unrealistic

>>22886677
Wayne

>>22887343
>It's da j00000s
yeah jews also like saving money. They will adopt when their competitors are saving 30% on fees per transaction

>>22878959
what you on about, bought them 0.008 each

>>22880397
with some c++ and Xumm you can make paymenthooks to your own apps and even build a remmitance app, all the regulations are taken care off by ripple in the XRPL, which gives you freedom as 3rd party developer, look up XRPL foundation

>>22889154
And somehow you managed to miss the top kek

>>22888754
>I don't see the downside of using both or investing in both. Do your vanilla transactions on XRP and if you don't want anybody to know about it use Monero. If you're so sure the (((bankers))) aren't going to let us win what makes you think they won't take down Monero under some NWO pretense? DIversify your bonds N
no, true privacy is private by default. by only performing transactions that require privacy with monero and using something else for "vanilla" transactions, you only bring scrutiny to your use of monero. truth is, if you use monero for everything you are free.
> If you're so sure the (((bankers))) aren't going to let us win what makes you think they won't take down Monero under some NWO pretense?
they already are trying to do this, anon. my personal belief is that they will fail. why is the IRS putting a 625k bounty on anyone who can replicate transaction tracing for monero? they are scared.
all of the FUD against monero is IDENTICAL to the FUD against bitcoin in 2014, too. it's really funny. that saying about history doesn't repeat itself but it often rhymes is very applicable.
it will all be clear in hindsight as Bitcoin's regulatory capture is complete and monero takes over. want some fun data to track every week? compare the proportion of btc transactions to monero transactions. the data doesn't lie, anon.

>>22889276
sold some at the top, got back my innitial investment 5 times over, I felt content with that, now I am sitting on a pile of "Free XRP"

>>22878931
>Zog id

>>22889078
>yeah jews also like saving money. They will adopt when their competitors are saving 30% on fees per transaction
they will never adopt remittance technology without stability. stability will never lead to enrichment.
it's very simple logic that you can't refute: XRP will never "moon" because of this.

>>22878894
IT'S THE FUCKING JEWS WHY CAN'T YOU GOYS SEE IT THE NOSE KNOWS FOLLOW THE NOSE WHEREVER IT GOES

>>22887343
People like this are worse than XRP schizos. Have fun with your shitcoin when it gets completely assblasted by the fed.

>>22889393
Proof?

>>22888998
You're gonna try to correct me, not check my digits, and have the audacity to be off by one?
BAKA my head.

>>22888727
>As far as freedom/Monero. I’m having a proper discussion with you - no insults, honest answers, respectfully considering your points. Please don’t spoil it. You’re talking about (relatively speaking) 3 guys in a broken down RV outside some shithole desert town. Freedom is nonsense. It can’t and won’t win. The winner is going to be whatever is backed by the establishment, the power and the money.
people said the same about bitcoin when I first bought in. the establishment will never let it appreciate in value or they'll crash it to zero.
what has changed in the past decade that would make a private-by-default coin so good the IRS can't crack it MORE SUSCEPTIBLE to establishment-backed fuckery when compared to bitcoin, an entirely transparent ledger?
>I’m having a proper discussion with you - no insults, honest answers, respectfully considering your points.
me too! And I appreciate it and look forward to your response!

>>22889432
I already answered this. >>22888727
It has to be stable. It also has to be at a much higher price to meet the market (assuming it wins that market). This is a bet it’s going to win it.

>>22878822
>i-i know, i'll pretend to be a faggot discovering this bloated shitcoin for retards who love to be dumped on
yet another low iq ripple twitter nigger slide thread
yawn
s and h

>>22889497
>It also has to be at a much higher price to meet the market (assuming it wins that market). This is a bet it’s going to win it.
you're assuming that 1) XRP is the only contender for this market - incredibly naive assumption akin to assuming Tesla will capture 100% of the EV market and 2) there will be no fuckery behind a completely closed system.
I strongly encourage all XRP supporters to read this: https://blog.bitmex.com/the-ripple-story/
relevant excerpt: "Apparently, Ripple is missing 32,570 blocks from the start of the ledger and nodes are not able to obtain this data. This means that one may be unable to audit the whole chain and the full path of Ripple’s original 100 billion XRP since launch. This could be of concern to some, especially given Powell’s comments, which indicate that there may have been resets of the ledger in the early period."
so again you are assuming XRP can capture the entire market and there is no possibility of foul-play in an entirely centralized system. our centralized systems are already riddled with foul-play and abuses of trust. why would XRP be any different?

>>22889474
and dox multiple wallets of mine? big retail wallets are easy to follow
inb4
>LARP
believe me or not, point is, there are already people that've become millionaire with this "shitcoin" and though it pains me to say it, where this market is heading in regards with regulations, I think XRP won't dissapear anytime soon nor will it loose significant value, it mightn't be as cool of a pumpchaser, but I feel secure that in 5-10 years of time I can still rely on the xrp stash I have, something I seriously doubt with 80-90% of current coins
>BTC ETH XMR all the big boys will be safe, for now
but even that might change, I am not a XRP maxi, but i am trying to stay realistic

>>22889377
So they announce this bounty two weeks ago and I should be buying in to this now? I will see you in a few weeks when you are crying Monero didn't kill itself like Jeffrey Epstein. Thanks for trying to shill your suicide watch crypto though.

>>22889644
>>22889377
>>22887699
im out here shitting dubs of truth while you suck shlomo's metaphorical cock
all of you would've sold bitcoin before it hit $100 if you were in my shoes and for this I pity you. imagine being in the moment to truly /make-it/ and your bootlicking conditioning robs you of the opportunity. it's quite sad, really.

>>22889495
How’s Bitcoin working out? It’s not. Quite as simple as that. It is a valuable asset, but will never, ever be used on a wide scale and certainly will never be used in the real world for real transactions (I don’t mean buying a coffee or even a starter home - I mean billions of dollars of loans, Trillions of interbank/interCBDC transfers, etc, etc, etc.). That’s where Monero is. It could one day be worth something, but never in the real world. It’ll never be in actual widespread use in the way XRP is aiming to be. I’m talking about serious money and you’re talking about a niche product. How many actual people will want to fuck about with monero? When banks are holding their money as US CBDC and USCBDC is legal tender everywhere, who’s really going to use Monero instead?

3 guys in a broken down RV, that’s who.

>>22889676
Even more people have made it through BTC, ETH, XMR, XRB, Antshares so your point is mute.
I was simply asking for a screenshot of a sell order at the top of the bubble, no need to disclose amounts fag, therefore I choose not to believe you.
Thanks.

>>22889677
>So they announce this bounty two weeks ago and I should be buying in to this now? I will see you in a few weeks when you are crying Monero didn't kill itself like Jeffrey Epstein. Thanks for trying to shill your suicide watch crypto though.
i don't want you to buy any monero. keep your ripple, fren.
fact of the matter is, the financial incentive for "cracking monero" has intrinsically been worth more than 625k for years now - anyone with the expertise able to crack XMR would have done so and sold the exploit or simply exploited it for gain (open short, publish results, collect free money).
tell me, friend, why it would suddenly be cracked now that the IRS offers money for the same exploit instead of the market?
the financial incentive has always been there - government sponsored or not. see: the plethora of Crypto-related hacks, 51% attacks, et al. that occur on shitcoins every day.

>>22889644
I absolutely agree, it is an assumption. But it’s one backed by what I’m seeing in the real world. There are banks using ripple right now. My bank has only looked at ripple for this. If another contender popped up and took the lead, I’d switch immediately. There are frankly no other contenders right now though.

As far as the missing blocks: nobody cares (so long as ripple can demonstrate who owned the supply past that point - no cartels or the revolutionary guard). As a bank, I care about whether my transactions are trackable now, not about some initial transactions that have no effect on me.

>>22889708
you are conflating the shit out of my initial argument. here is my initial assertion: XRP will never enrich peasants; monero's uptrending price, hash-rate, transaction usage, and DNM usage all fundamentally point to a higher potential upside on a 1-3 year time-frame when compared to XRP.
I never said monero or bitcoin should or will be used in place of XRP's goal, ever. I'm merely pointing out that I will be much richer than you XRP holders in some years, just as I am much richer than you today by holding BTC/XMR.
>3 guys in a broken down RV, that’s who.
damn, those 3 dudes are sending 600-700 transactions per hour. they must really value their <unkown amount of monero>

>>22889800
>There are frankly no other contenders right now though.
correction, there are frankly no other contenders READILY AVAILABLE TO THE PUBLIC*
again, a naive assumption thinking that you have equal access to such products.

>>22889460
>People like this are worse than gold/silver schizos. Have fun with your Bitcoin when it gets completely assblasted by the fed.
I was buying bitcoin for $100 each reading this same sentiment. I will be buying monero for $100 each reading similar sentiment too.
(You) have been added to my screenshot compilation :^)

>>22889916
I’m not the public fren. I’m in banking. There are no others right now at ripples penetration.

>>22889877
> I will be much richer than you XRP holders in some years, just as I am much richer than you today by holding BTC/XMR.

Would you like some sugar and cream with that large cup of assumption you are pouring yourself?

ive got 1k xrp, been in my wallet for 6 years.
and i can't remember the password.

>>22889988
so are you Jamie Dimon's nephew or some teller at a bank? be honest with yourself anon. how much could your job title possibly be exposed to?
actually, don't even answer this. it's for you to ponder and the response won't affect me either way.
good luck with the ripple - sincerely - I hope one of us makes it at least.

>>22889753
Oh shit we have the IRS here everyone play it cool!

>>22890055
>Would you like some sugar and cream with that large cup of assumption you are pouring yourself?
it is an assumption sure, and that comment was typed in hyperbole - but statistically speaking, anon.... I am most likely wealthier than the average poster here :^)

>>22889877
I understand your assertion and am disputing it. Someone is going to win the interbank/interCBDC market. I’m asserting that XRP looks by far most likely to do so. If it does, the gains stand to be far higher than all be those who invested really early in BTC have seen. I may be wrong, but right now - from what I’ve seen - there are no others anywhere close.

With respect, 600-700 transactions is nothing compared to the market that I’m talking about.

As I said, it’s more than possible that Monero goes the way of BTC and becomes incredibly valuable. But I can’t see it ever being used on a real large scale. I’m not after that. I’ve seen what I believe to be a massively undervalued commodity*** and am betting that it will attain its potential value. I’m not backing 2k eoy - I’m backing a hunch that eventually, this will (all memes aside) be the standard for wholesale banking. If it achieves that, it’ll be worth (again, all memes aside) actual trillions.

***undervalued in the sense that if it achieves what it currently looks to me to me on track to achieve, the value will skyrocket. Right now, $0.25 is about right for it as until it achieves its objective, it’s all just potential/speculation.

>>22890135
So did you know for 100% fact that btc was going to moon?

>>22878822
alright monero chad here has to go to work.
just to re-iterate the facts:
>monero hash-rate recently hit all-time high
>transactions ATH last month, almost broke it again shortly after
>monero:Bitcoin transaction ratio is gaining every month
>monero is about to close its FOURTH CONSECUTIVE GREEN MONTH IN A ROW
>the largest bitcoin-only dnm exit scammed leaving whitehousemarket, a monero oriented market, to take the #2 slot
and you faggots still aren't buying it. WHAT OTHER METRICS DO YOU NEED TO SEE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>22890191
of course not - just as I did not know for 100% fact that I would wake up this morning.
but if I had to bet on it, I'd bet on waking up every night.
nothing is ever 100% certain. what is your point?

>>22890218
will glowies fuck my asshole if i buy xmr?

>>22890111
Ha, a fair enough question - I’m a markets lawyer - but I’m pretty comfortable that I have lines into those that will see it (head of ops, head of IT, head of markets) and am checking in regularly enough to know what we’re doing.

>>22890111
Also, checked and good luck. I hope we both make it anon.

>>22890262
My point is you are solid on this bet, and you could be very wrong. You could be betting on netscape. Looked good in theory, but failed.

>>22890167
the difference is monero adoption is actively happening right now, aggressively, on all metrics.
XRP adoption is not.
please don't forget that lower transactions/mcap also indicate a higher potential upside as even tripling monero's market-cap is substantially easier than merely doubling XRPs.
do you have any response to the intial ~32k blocks which are unaccounted for? the possibility of shadow-minted XRP as a result?

>>22890308
right, except this version of netscape is being used more, mined more, transacted more than ever... I buy as these trends look bullish and I'll sell IF they ever look bearish. these are just facts. i acknowledge it is risk - all investment is inherently risky - my point is the risk:reward profile is simply too great to ignore.

>>22885464
What the fuck do you mean it's an oxymoron? They're literally the one thing. It's redundant to mention them both in the one sentence if anything.

>>22890264
glowies will always fuck your asshole, this is unavoidable. you can only adjust how hard you get pounded.

https://decrypt.co/40284/us-homeland-security-can-now-track-privacy-crypto-monero?&utm_medium=referral&utm_campaign=feed&utm_source=coinbase

XMR isn't as private as you'd like. Neither is bitcoin. The idea that you can have private trade adopted en mass will never be legalized in the modern world as the greatest incentive for such a currency is crime.

>>22890322
I hold monero but you're obviously bretty dense mate
Its being used SOLELY on DNMs
great
XRP meanwhile is targeting banking. Thats a little bigger market

>>22890322
I’m not trying to shit on Monero mate. I think it could do really well. But it will be a niche product. Where we disagree mostly is that I see XRP as having the potential to 10,000x (not exactly, but a lot x, anyway), due to its position and the market it’s chasing. I don’t see that in Monero (except maybe for very early adopters, which I’m not).

On the missing blocks: >>22889800
I don’t know about shadow minted blocks, but very much doubt either XRP or any partner banks (who are very hot on reputational risk right now) are going to fuck their good names up in order to screw over a few thousand nobodies. We’re nothing to them and their names are worth 1000x more than getting one over on us.

Anyway - off to footy. As I said above - I hope we both make it anon. Have a good one.

>>22889753
because it was easier to buy those coins at the right time, to buy my XRP back then I had to chain it through multiple exchanges swapping coins to get the right one to buy the XRP, most people wouldn't have the knowhow to do that, but the people that did, had better margins than most other coins

>>22879912
The last red flag would be the abandonment of codius and trying to do this Flare thing. Its clear the devs at ripple dont know what they are doing and how to do it. They are just copying ETH.

>>22890519
>are going to fuck their good names up in order to screw over a few thousand nobodies.
and if it becomes the next remittance standard, they could (potentially) screw over a few billion nobodies :)

>>22890487
brainlet, btc was SOLELY USED ON DNM too.
you think everyone is just going to be a-okay with public ledgers forever in an increasingly regulated global financial environment? wake the fuck up

>>22890483
>CipherTrace
you realize the guy behind this shithole fud had an interview with lead monero devs and couldn't explain how it works beyond simple known vectors easily thwarted by churning, right?
make no mistake: he is trying to get government grant money; the product does not work as he advertises it.

>>22890836
no I don't think that.
I do however think that governments and banks would absolutely like everyone to live with that
The people have no say. Wake the fuck up

>>22890356
Netscape was in the top 3 browsers, used by millions and millions.
I am just saying man, we are taking a bet as well.
Hope we both make it.

>>22890836
Just like do you think people will be ok having cameras everywhere and everyone's phone being monitored?
>wake the fuck up

>>22887699
this. please ban these threads jannie.

>>22884940
>http://www3.weforum.org/docs/WEF_CBDC_Policymaker_Toolkit.pdf

XRP has been very steady in its price. No major inflation or real jitters experienced. Is this not a good sign?

>>22889265
Brad this is by far the best breadcrumb yet. You're saying that the community of the whole can foster utilization and that the ledger enables us to do that with our own independent projects. Was that what we were supposed to be doing this whole time?

>>22891588
checked.
They will say it is dieing, what I see is very bullish. If it can remain stable at .20 for years, then there is no reason to not believe it could go much...much higher upon utilization phase.

>>22885301
So this sounds to me as if Swift will use XRP for transferring their assets.
At the sender's Node, Swift will convert it £X into XRP. TRansfer it across.
At the recipient's End, tey will convert the XRP amount back into £X. However, if they have made a loss or a gain during the transaction they would reconcile that internally. However, the actual £X will be received by the customer.

Would this scenario not work?

>>22885517
>https://www.coindesk.com/swift-chief-announces-integration-with-r3-at-paris-fintech-forum
kind of like gold the moment you sell and fix the price then that is it! Job Done!

>>22891667
>go much...much higher upon utilization phase.

by who? lmao. cRipple literally will sell you retards out and push you under a bus. No one wants to use XRP. No one.

>>22891728
Yes it will work, but what you have to understand is that in 3 seconds it will be very rare that loss or gain will happen more than a cent. All these small fractions of a penny would essentially come out as a wash.

>>22885677
Yes, I could concur with that statement however, they are not saying a lot about their success are they? They seem to want to be able to control the price jitter so as to reduce inflation and increase reliability!

>>22891862
If I was going to make my own app to send money overseas, I would.

>>22891899
no, you wouldn't.

>>22878822
At the end of the day, kikes always win

>>22891934
I could under cut transaction fees on literally every other application/pipeline for money by almost 75% and that would still be with me being extremely greedy.

>>22891970
no, you literally can't. even the XCurrent shitware cRipple Labs sold to some institutions is not based on XRP. You could set up a remittance/money transfer scheme using contentional RPCs and a messaging bus, as is done in UK or virtually anywhere else. Even then, hyperledger would be a better solution for such wide scale consensus without retarded tokenization or "decentralization" that doesn't need to exist for remitting money.

OP here, I didnt expect this thread to still be alive. I went all in on XRP.

>>22885549
straight from the article! this is fantastic news. We have to wait for the trials and tests to complete am sure they will be a great success!!

>>22878931
lmao a whopping $1k wow nice

xrp will never be more than 50 cents ever again and schitzos are wrong more often than literal retards

>>22891875
>ore than a cent
you make sense! but am sure there will be mechanisms in place to minimize the loss!
I am quite sure it will be possible! Also the price has not been so jittery and fluctuating!!

>>22892037
Yes but if XRP had a high enough value and you built it into the background of the app you could transfer ton of dollarydoos for .00001 XRP in transaction fees. Most banks of course, would charge their regular fees I imagine and just...keep all that cream off the top.

And that's why I decided to buy. The token is needed because the token works so well. The price is being suppressed for the sake of institutional purchase disguised as (lots) of "individual" wallets. All the shilling and twitter idiots serve to mask this. And the larger buyers also serve as cover for institutional acquisition.

>>22890548
So you agree that less people made it with XRP??
Just to have some perspective;
>BTC 196999900% ROI
>ETH 341144% ROI
>NEO 272223% ROI
>XRP 136812% ROI

>>22891877
>Yes, I could concur with that statement however, they are not saying a lot about their success are they?

why would they? if they're on track that's not really something they'd need to advertise to speculators or the general public.

>>22892241
thanks for disproving your own fud with posting the 136k% ROI of XRP @ ATH

imagine missing out XRP because of your stupid cyberpunk fantasies about nerd army taking over the world with their fancy nerd internet coins.

this isn't 2009 anymore. feds, govs and institutions took over, everyone who isnt buying XRP are fighting against windmills. xrp is backed by literally everything at this point. 2020's will be the decade of regulated cryptocurrencies, legit projects with institutional money and tech behind it,
time of those underground nerd-moneys are far gone.

keep flipping shitcoins or fantasizing about your favbourite hipster nerd projects or join the banks and the jews, anon.

>>22892458
Thanks for completely ignoring the fact that ETH and NEO outperformed XRP in a shorter time span.

>>22892241
Let's say I'm a bank and I want to move one million dollars. Instead of doing that, I buy the stable XRP at $2000. Which would divvy that million into 500 XRP. Now, I transfer that XRP to wherever for .000001 and if the price was $2000 per XRP that would be a grand total of .002 USD if my math is correct.

Let's say I'm a super generous bank and I only charged 2.99 to do that. That leaves me with basically a 2.98 profit. For doing. Nothing. And I imagine they'll charge more than that because of "muh interest rates" or some other bullshit and just keep the cream off the top.

>>22892665
That has absolutely nothing to do with my point which is
>Even more people have made it through BTC, ETH, XMR, XRB, Antshares etc
Also
>let's assume
>implying
>let's hypothesize
Imma need some proof beyond twitter shills fren.

>>22892780
Yeah I'm done with you. It's all right there. I figured it out. Have a nice day :) Try to accumulate some on the dip when all the shorts get liquidated. Bye for now fren.

>>22892826
Yeah I thought so

>>22892780
>People made it off of microsoft stock so apple stock will be worthless.
Wow. selling my xrp now. Thanks dude.

>>22890055
God redditors are such flaming faggots. You know you there is an xrp subreddit where everyone is a bag holder and anyone who says anything bad about xrp gets censored. Why not just stay there? It’s a utopia for losers like you guys. Why infect biz with your poor investments and your estrogen filled opinions?

isnt xrp a shitcoin? lmao

>>22893009
Never been on reddit, seems pretty cool. How do I sign up fren?

>>22893009
btw do you have battletoads?
;)

>>22892780

>>22892967
Good job there quoting me out of context.

>>22893182
So no rebuttal for this huh?>>22892522
Nice.

>>22889491
I retract my correction.

iykyk

>>22893267
Source please?

>>22893233
I wont have refutiate that, because its true, my point is that XRP still made retail investors rich, now quit turning conversations like learned from your college

>>22893288
>>22893182
Oi you have a source asking loicense?

>>22893295
And I'm simply stating your point is mute since so many other shitcoins made retail investors even richer.

>>22880102
>tfw want this state even when poor

>>22893348
Lel why is it so hard to back up your claims fags?

>>22878854
Gimme E-mail address

>>22893388

>>22893364
people getting rich is objective, mute or not.
Now compare the main group of crypto's with todays pump'r'dump coins and future of those investment over the longrun in regards to survivability

>>22893388
Just place your bet linkie =D

>>22893543
inb4
>Source please
by;
jTVnxNyl

>>22878822
No, they aren't.

Marketcap is still around 10bn, TOPKEK.
What a comfy life the dumping devs are living. Press button every day into the Schizo buyorders for the rest of their lives and live in utter wealth

>>22880223
You know thats theres only 100 billion coins right? That means $10 would be 1 trillion market cap and only about half of them are in circulation meaning $20 just to reach 1 trillion circulating market cap thats just 100x investment just to get to 1 trillion this all for a coin that if used globally would need to find $27 billion in daily liquidity just to match existing cross boarder remitance

If XRP were $10,000 per token. It would cost .01 in fees to move $1m USD using it. That's what they mean when they say it won't work if the price isn't high enough.

>>22893674
What does market cap mean anon? DOES THAT MEAN 1 TRILLION MONIES?!?!?!

ooooorrrrr.......

You are a fucking retard.

>>22893720
sorry meant for
>>22893659

>>22893720
It means that this shitcoin is valued WAY TOO MUCH per coin, than what it has delivered / will deliver.
It is the OG pnd ponzi, and only kept alive by the Stockholm Syndrome ridden Schizos that got fucked at the bubble peak.

>>22893659
>What a comfy life the dumping devs are living.

as opposed to keeping it?

>>22893674
I can make my own coin with 2 in supply, hold them all and set the price at 20 trillion
>boom
20 trillion mc coin,
marketcap is a meme

>>22893806
The problem is that it appears to be undervalued prior to institutional adoption. You're missing the forest for the trees.

>>22893828
Man, XRP already had its ponzi moon of a clean 1000x.
Why don't you just search for new gems and get a clean 1000x instead of playing hostage in a dying coin that's long over the hill?

>>22893543
This is a very interesting theory but sadly it doesn't hold as proof, being you know, a theory.
Quoting;
>This THEORY is largely based on the book "THE DEATH OF MONEY" by "JAMES RICKARDS" but adapted for the participation of Crypto Assets.
>...minus the Crypto Assets.
So basically assumptions whereas I was asking for concrete proof regarding this>>22893267
>>22893567
Yeah no doubt 99% will crash and burn but I cannot see any hard evidence to support the outlandish claims you all make about Ripple.
>>22893572
Keep assuming things fren you're on fire so far.

>>22893890
=)

>>22893890
fleeing capital from other coins, that will be more apparent in coins with lower total stake of the market that still will be around then

>>22893867

if ripple is a ponzi scheme then so is bitcoin, ether, and the rest.

>>22893946
Just keep those arguments coming you are totally obliterating me :')

>>22893982
Yeah you are describing what WILL happen without explaining WHY it will happen.

>>22893989
Dont know about that chief, nor btc or eth have devs dumping literally million of bucks to fund their corporation.

>>22894004
Nah. You will get obliterated soon enough....
Remember me anon =D

>>22893989
>Crytpo is ponzi scheme, meanwhile fractional reserve lending...

buy xrp or not i dont care

>>22894108
I wouldn't worry about me anon worry about your XRP investment based on twitter shills brainwashing :D

>>22879843
>>22889800
>Meme dates are fud.
>Even eoy is fud.

100% agreement.

>The fundamental truth is that there is a market there to be won, that market is huge and XRP is in the lead to win it.
>My bank has only looked at ripple for this. If another contender popped up and took the lead, I’d switch immediately. There are frankly no other contenders right now though.

PM/RE fag here but want to say you called what got me to start building my XRP stack: the realistic use case by the CBs and FIs. Don’t mean to rubbish any other crypto, just from my viewpoint the integration with the powers-that-be from early on is an asset for XRP even if it’s anathema to the purist/rebel crypto archetype.

>>22880258
>>22880008
>>22884775
>One of the most bullish aspects of all of this (for me) is the dumping.
>They’re deliberately suppressing the price, which should indicate that the natural price is higher.

Any ideas as to the [why] behind this? My guess is the goal is more about stability than price and it’s easier to create stability at a lower price.

>>22884943
>CBDCs will not (for the jurisdictions that matter) be in place this year.
>But we’re talking about a game changer
>It’s not something that I would expect to happen overnight.

I’d agree but would be curious to hear your thoughts on how another black swan may accelerate the timeline. For example, if the TGD collapses, China implodes, and all of a sudden the world is facing an immediate deflationary collapse of asset prices [or whatever crisis du juor you want to conjure]; do you think the powers that be will hustle through CBDCs, the regs, and whatever other supporting resources are needed at breakneck speeds?

>>22894159
You have battletoads anon?

(been here much longer than you)

I will say it again: All of the schizos are right. Ripple schizos get to be the countryless money of the future. Algo schizos get to be USDCoin. LINK schizos get to run data transfer.

>>22894048
for this market to mature there will be regulations to be put in place, regarding who is able to join the market, just like with stocks and XRP is one though pusher of regulations with ripple being in a driving ISO20022 lobby-group (through SWIFT) for example, not saying it's be-all end-all but I like the prospects of the settlements and payments being the same thing inside of insitutional use or even in the retail branch, that way XMR or BTC will be better in storing your value

>>22894232
I was also on /b/ circa 2009 candyass
Just keep assuming though.

>>22894301
You have any battletoads?

You are the one assuming I have ever been on reddit lol.

You sound upset. I will disengage. I don't wanna invade your biz safe space lol

>>22894284
FINALLY a decent answer. I'm still not sold that SWIFT=CORDA=XRP though

>>22894301
/b/ is nothing more than a mirror of /trash/

>>22894351
>You are the one assuming I have ever been on reddit lol
Wut? Are you sure you're quoting the right id there fren?
>>22894362
Roodypoo we all started on /b/ don't deny it.

>>22893364
>point is mute
>mute
so you're an idiot?

>>22894356
they aren't the same, but I can see the pattern of XRPL and R3 wiggling their way into the system, and when given the choice of an instant settlement vs. 3-5 day delay I think its reasonable to think which side the coin will fall to.
I see it as a trojan horse/ transition chance for especially swift.

>>22894301
I lost it at...
>candyass

>>22894412
Yes.

>>22894422
What do you think about the SPARK tokens? Is it true we will be able to stake them?

>>22894427
Obviously.
>21 posts by this ID
MOM WHY DOES XRPEPE MAKE ME SO MADDD

>>22894422
Checked. Now if you could just provide some sauce regarding concrete connections to SWIFT beyond what the Ripple Co-Founder stated I would be unironically delighted .

>>22894455
I think the use for SPARK tokens is mainly creating smartcontracts on EVM but with XRP instead of ETH, that combined with the instant-settlements and low tx's fees is could be quite a potent way to enforce those contracts immediately, and it would actually help the EVM, as when SC's are widely used that would strain the current system too much.

>>22894548
I just have a lot of time in my hands right now and I won't lie, I'm enjoying this very much.
How about you start bringing some arguments to the table instead of resorting to name-calling?

>>22894585
>mute point
You're not worth my time kid.

>>22894689
Then don't @ me faggot.

>>22894555
https://dailyhodl.com/2020/04/08/bank-of-america-executive-touts-partnerships-with-ripple-and-swift/

>>22894555
https://www.crypto-news-flash.com/ripple-swiss-banking-giant-connects-to-ripplenet/

>>22894555
checked
keep in mind they're rivals, but institutions are kinda forcing swift to give XRPL some room, and they both follow the same overharching regulatory specifications
>and as competitor to swift it has real potential

https://www.dps.de/21-07-2020-ripples-involvement-iso-20022-step-towards-wider-acceptance-banking-industry/?lang=en

https://www.atc.asia/articles/170105/aca161124ripple.pdf

>>22894714
Its MOOT point by the way.
For all intensive purposes!
Maybe you should try some more book learning!
Don't want to find yourself in another catch 23 situation!
I mean hey, Does a bear shit on the pope?

Go back to your zoom class you fucking sperg

>>22894160
As far as the dumping - yes, I think it’s to demonstrate an ability to maintain stability.

As far as a black swan event. Frankly, I’m already considering that in my estimates. If it takes 2 years to get CBDCs in place, that’d be breakneck speed for something that needs so many approvals and hands touching it. I also don’t believe CBDCs will fundamentally change how we all operate. I expect them to operate almost exactly like fiat but faster and with a better ability for governments to track them, so I guess I’m not seeing them as a panacea that will be rushed through for survival.

>>22894792
>>22894811
>>22894850
Thanks niggers that was all I was asking I'll examine all your sources with an open mind
>>22894918
I realized that the moment you pointed it out, as you can tell this is not my first language :D
But even an idiot like me can recognize an ad hominem so congrats you taught me something today hurr durr

>>22894918
>For all intensive purposes
By the way I'm not sure if this is a master bait or not kek.

>>22880223
Market cap means only one thing.
Market Cap = (LAST TRADE PRICE)(CIRCULATING SUPPLY).

There is 45 billion in circulation, with 55% of the 100 billion locked away in escrow

If I went and bought just ONE XRP for $300, the market cap would literally be ($300)(45 billion) = 13,500,000,000,000.

Market cap is a meme and can be easily changed based off one simple trade.

>>22880223
>>22895250
Talking about market cap in relation to XRP (or even BTC) is like talking about market cap in relation to gold. It is so fully retarded that you should just ignore it and move on.

>>22894977
>If it takes 2 years to get CBDCs in place, that’d be breakneck speed for something that needs so many approvals and hands touching it.

Thank - appreciate the insight. What got my almonds activated was the US Banking for All Act introduced March 23 2020 - - “A bill to require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.”

Saw the speed at which legislation was put forward and I’ve been struggling to figure out just how fast the bureaucracy can move when there’s a fire under its ass.

>I also don’t believe CBDCs will fundamentally change how we all operate.
>I expect them to operate almost exactly like fiat but faster and with a better ability for governments to track them

Find myself in agreement but would also venture a guess the CBs want a way to force people to spend, not save. CBDCs appear to be opening the door to a spend-it-by-this-date-or-loose-it (oh and you can only spend it with merchants on an approved MCC list...so no buying PMs with it you rascal!) or whatever other scheme CBs want to introduce to force velocity.

Would also venture a guess you’d want the new currency to be as similar to the current one to foster adoption by the public...so no crazy changes until the general public is use to the idea of using the new CBDCs and conflating them with their existing [old gen] fiat CB currencies.

>>22895442
bureaucracy is almost a meme, it can take years before something is done, on the otherside when 1 powerful bureaucrat (Minister // secretary) places his signature it can be done in hours, mihgt be silly to post this here, but you can see bureaucracy as this
https://www.youtube.com/watch?v=TM9xZSJO4is

>>22895148
it was

>>22895442
>>22895526
I think there’s certainly a possibility it gets rushed through, but I’m basing my view on normal practice (again, I don’t see CBDCs as a panacea, so don’t see why this will be that far outside of BAU). Remember, it’s not the first time a bill on crypto has been put forward in the US and the last one died. In the EU, I have no hope of anything getting done quickly - it’s almost the definition of too many hands. The UK I expect to follow whichever of the two is first - we won’t be first ourselves.

I think you might be right about the schemes to up velocity, but to be honest, you could engineer use it or lose it schemes with fiat (accounts with negative interest), so wouldn’t put much stake in that personally as a driver for quick adoption by CBs.

I would admit though that I t is certainly interesting timing with the regs lining up to the schizo activity.

As far as adoption by the public - virtually all money in circulation today is digital. I don’t expect tomorrow’s digital ccy to be markedly different to today’s. It will for all intents and purposes be fiat (in my view) - same uses, same rates, everything (one US/UK/EU CBDC will be $/£/€1). I even imagine you’ll be able to withdraw old fashioned cash from ATMs using your digital cash (CBDC) account, just as you do now with your digital accounts.

>>22895250
This is the most ancient fud of all xrp fud and still cracks me up. Valuation is only what people are willing to pay for something.

"It would take all the worlds money to make xrp 10 dollars"

>>22895442
>>22895526
>>22895987
Also, forgive me if I sound dismissive - I don’t mean to. I’m just a bit sceptical about them great reset’ being anything more that crypto PR. I hope you’ll have seen from my other posts here that fundamentally, I believe XRP is still the horse to back, so please don’t let my skepticism about the particulars of how it gets there discourage you in any way. (That’s not aimed at you garlic - I don’t expect I could discourage you if I tried!)

We were short of men for football today, so it was a knackering game with lots of running - I think I may be even more pessimistic as a result of all my aching bones!

>>22895820
Ironic shitposting is still shitposting fren.

>>22895526
>might be silly to post this here, but you can see bureaucracy as this

Thanks - when I think bureaucrat / bureaucracy pic related always comes to mind.

>>22895987
> I think there’s certainly a possibility it gets rushed through, but I’m basing my view on normal practice

I view the bureaucracy as keeping their cards close. Should the FED say something like, “We’re starting to explore a blockchain based crypto asset” I interpret it as, “we’ve BEEN exploring this for sometime and are MUCH farther along then we’re letting on”.

I’m not trying to argue the FED or other CBs have their CBDC ready to go at the flip of switch but rather I suspect the CB’s response/solutions are far more developed than they let on.

> I even imagine you’ll be able to withdraw old fashioned cash from ATMs using your digital cash (CBDC) account, just as you do now with your digital accounts.

Any insight you can share as to your bank’s view of physical cash? They 86’d coins here in the US [muh COVID] and Rickard’s like to quip the government’s already won the war on cash...also Rickards notes if they do implement negative interest rates on DDAs you’d see a mass move to withdrawal cash which would not have a negative interest rate.

>>22896101
> Also, forgive me if I sound dismissive - I don’t mean to.

Dude, appreciate the insight and the conversation. Keep it up!

> I’m just a bit sceptical about them great reset’ being anything more that crypto PR.

Any thoughts on Klaus Schwab shilling “the Great Reset”? Don’t know enough to draw any conclusions beyond an standard bearer (I think?) of the elite is floating the idea.

https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset/

Schizophrenia is a bitch

>>22896209
> I suspect the CB’s response/solutions are far more developed than they let on.

I think you’re definitely right about that. I’d guess they have their plans at least in draft form or at least know how they would go about implementing it - they’d want to know they can answer questions on the subject before publicly announcing it. You’re also right about keeping their cards close. I wouldn’t dismiss the idea that they’re ready to go completely (they may well be ready to flip the switch), but I think it’s more likely they’re not quite there yet (though as you suggest, I’d guess they’re further along on the spectrum of readiness than purely theoretical).

> Any insight you can share as to your bank’s view of physical cash?
I don’t think we’ll be getting rid of it any time soon. It’d be a PR nightmare. Too many unbanked, too many poor people/minorities that’d complain. The left leads the way these days as far as PR so we wouldn’t risk the uproar. I suspect that’ll be the way for some time. Interesting point on the negative rates and cash withdrawal. I guess you can circumvent that by issuing your national gimmedat cards without the ability to withdraw cash (whether the cards are digital fiat or CBDC). I hadn’t considered it before.

> Any thoughts on Klaus Schwab shilling “the Great Reset”?
At the risk of getting political - he seems very much to be taking about social justice, which is a minefield. To put it politely, I’d say the way things are going (at least in the Anglo countries), I don’t think it’ll be much of a vote winner. Too many years of wage stagnation, offshoring jobs, high immigration, etc., to be convincing people that they need to fundamentally alter the way we do things - frankly my take is that the common (though largely unspoken in polite company) view is that we’ve been trying the SJW stuff for too long already.

this thread is least schizo XRP thread so far. keep it up boys, i feel like im back in bitcoin talk forums back in 2012. with smarter ppl than me and legit talk, no schizo and especially no pajeets.

>>22891507
>fbi has to use third-party hacks to get domestic terrorist iphone data
stay tracked, cuck

>>22896601
>guess you can circumvent that by issuing your national gimmedat cards without the ability to withdraw cash (whether the cards are digital fiat or CBDC). I hadn’t considered it before.

(Switched devices)

Using COVID as the “””because””” to launch UBI delivered by CBDCs that cannot be withdrawn in cash strike me as being able to open the door to phasing out cash; or at least getting the buy in from those who’d bitch the most should physical cash be phased out.

Don’t know myself, but do note the gibbsmedat angle can be used to amierolate the outcry from those who’d complain the loudest.

Also suspect CBS themselves don’t like physical cash as it’s value outside their control. They can’t time it out. They can’t negative interest rate it. All they can do, for now, is inflate it...and seeing as how Powell is bitching he wants moar inflation, I wonder if the FED can even do that to the extent it is believed they can.

>>22897030
I mean, I certainly think you’re right that it’s accelerated the cashless society. Let’s face it, most of civilised society is there already - I can’t describe the how pissed off I get when I come across a situation where someone wants cash, I haven’t carried it for years and it’s a pain having to go to an ATM to get it.

I think that’s a good insight on the gibs - it’d certainly help smooth a lot of the complaints if people are getting free money. There’d be some residual issues (the homeless, etc.) but the gibs would mostly resolve the impasse.

Yeh, I don’t see that the Fed has all that much power of inflation. As you say, if they could, they’d be turning that dial up already. And the implication that this would provide a driver for the switch to CBDCs is also a good insight. Again, I hadn’t considered that angle before (I’m pretty much shooting from the hip with a lot of this!)

So how about you? How do you see his all going? Gun to the head, what do you think the chances are of us seeing some price action this year? If you can see a chance, what do you think we’ll get to? (I won’t hold you to any of this - I appreciate it’s all just wild speculation - it’s interesting to get a sense of where people are at though. The wisdom of crowds and all that.)

>>22897314
>what do you think the chances are of us seeing some price action this year?

I feel like we are all waiting for the next show to drop; sense that many agree [something] is brewing, but there are many different takes on the [what].

My guess is the next big thing is the dam failing in China, but in full disclosure I’ve got a raging hard on for the conspiracy angle and am pretty far down the Q rabbit hole.

Price action: right now if Ripple can control billions of XRP with the goal of price stability than I see one of three things happening:

1. Ripple wants to maintain the stability and due to business as usual is able to do so...so crabbing
2. Ripple wants to maintain price stability but [something] happens which overwhelms their ability to do so. Seems Ripple would find it easier to suppress the price by dumping XRP than prop it up by injecting cash, but that’s just me. If the CBs are standing in the shadows behind Ripple than perhaps it’ll be just as easy to prop up as oppose to slam down...my point here is that Ripple [and whoever is standing behind Ripple] are unable to stabilize the price due to being overwhelmed by the market. Could go up, could go down. But will guess any event to create this traction in XRP will also be wreaking chaos in other places too.

3. Ripple & co decide they want to stop suppressing the price for [reasons] and price climbs. You hit the logic for that in an earlier post so won’t go over it again here.

>If you can see a chance, what do you think we’ll get to?

Honestly don’t know. I’m a PM/RE fag who fell into the XRP rabbit hole...like I said, got a raging hard on for conspiracies. Point is I can’t even figure out what silver should actually be with five-thousand years of history behind it, much less XRP.

I will say though... (cont)

>>22897699

now reevaluate your three possibilities with the assumption that ripple can conveniently lend out xrp as capital. changes the picture hey?

>>22897699
>>22897314

...cont

I see XRP as being at least the spiritual successor - if not the direct successor - to the XDR / IMF Special Drawing Right, and that in turn was the spiritual successor to the stillborn Bancor 1.0 which Breton Woods tried to give birth to back in the 50’s.

If this comes to pass, than it seems reasonable (to me at least) XRP would have a backing of [something]. Whether it’s similar to the XDR, which I will note has a gold component along with various fiat currencies, or whatever the CBDCs are, or some combination of all of the above, the goal will be stability and confidence.

Stability seems to be in the proving phase now (?) and confidence is easy to inject - just link it to gold...assuming one has the gold to begin with.

CBs have been hoovering up physical gold for the past decade and recently family offices, and other sophisticated investors seem to be jumping on the physical gold train. Not trying to shill gold here for gold’s sake BUT do think gold (and perhaps other metals/real assets) will play a role in concert with XRP if XRP does become the universal bridge asset. Kinda like the Bancor 2.0, I guess.

Anyways to sum this all up I think for XRP to ascend to a universal bridge asset there has to be a catalyst to give the powers that be their “because” so it can be sold to the public. Likewise I also think gold (and perhaps other assets too) will play a role somewhere in tandem with XRP to provide another layer of stability and garner confidence.

Fun times and all.

>>22897940
>assumption that ripple can conveniently lend out xrp as capital. changes the picture hey?

I don’t know (and suspect you don’t either) who/what is standing in the shadows behind Ripple.

There may be nothing there, and if so, you’ve got a point. Alternatively there may be something there. If the latter is true, than there’s a hidden layer of motivations/goals/objectives we may not be privy too.

Sure having loads of spendable monies is fun, but I suspect it’s nowhere as intoxicating as being able to wield true power over the world.

If I were wealthy and powerful enough to play in that sandbox, I’d do my damndest to stay in the shadows and use proxies wherever I could. If I saw my existing system of control starting to sputter, I’d be keen to have a new one ready to go as the replacement and the LAST thing I’d want is for any of my dark fingerprints to be seen on the new system.

So as I said...who or what, if anything, is standing behind Ripple and what are the goals of such a potential entity...hint: it’s probably not profit as I suspect they’ve already got plenty of money.

>>22898164

nah you don't understand. among the elites there are two, maybe three races taking place simultaneously:

1. the race to make the first dynasty of trillionaires
2. the race to immortality. at the moment there are two promising avenues: uploading as a blockchain or solving cell degradation. there are hybrid approaches etc but I don't know enough to speculate on this because I don't care much and the possibilities are somewhat obscure.

>>22897699
>>22897976
Thanks for putting that together - you’ve got some really interesting views on this and I have to say I can’t really dispute any of it. You’re pretty much on the same lines as my thinking.

The only point I’d perhaps question is the need to sell anything to the public. The vast majority would have no idea if we changed it all up tomorrow - ignorance is bliss I guess.

Anyway, I unfortunately have to bow out as it’s getting on here in bong land, but thanks for the discussion - I’ve really appreciated hearing your views on all this. There’s a lot you’ve mentioned that’s new to me, so gives me something to think about.

Goodnight and Godspeed fren. WAGMI. (Here’s hoping I’m wrong on all the schizo stuff and it happens this year.)

>>22898459
>Goodnight and Godspeed fren. WAGMI.

You too - excellent conversation!

see link schizos come off as schizos but they make it interesting
xrp posters just come off as legitimate retards

the IDF cyber kikes use LINK and XRP to scam incoming new fags who could be potential "nazis" since they are on 4chan.

>>22898459
>>22899124
who are these fucking faggots? They talk like Karens

>> 22899661
this was the best yarn in the biz for a long time

it feels like I was on bitocintalk forums in 2010 reading Bitcoin discussions. I am so grateful that I was here to witness these discussions

this thread goes down in history

>>22899661
this was the best thread in biz for a long time

I remember the times when I read Bitcoin discussions on bitcointalk forums in the early 2010s. Or many years later when ETH was in ICO. XRP has always had the same kind of good vibe into it. It has always been the third major coin. Third time's a charm, maybe this time it's XRP's turn to shine. Sounds gay but i've never been so bullish as I am now. Gonna fucking max out everything to accumulate as much as i possibly could. This techno babble is as bullish as it's gets.