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/biz/ - Business & Finance


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29872441 No.29872441 [Reply] [Original]

1,999,999,999,999,999,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,699,958.972 CNY IOUs were sent across the XRPL in the last day.
https://xrpintel.com/report/day/2021-02-27/ledgers

Do with this information what you will.

>> No.29872653
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29872653

2K EoY

>> No.29872726
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29872726

>>29872441
Everyone here on /biz/ are so fucking retarded that they cant comprehend the standard and fake cringe at its mention just to fit in with other faggot anon's. Schizos will have the last laugh.

>> No.29872843

>>29872441
>CNY
Eh?
That is a lot of zeros
Is this some spiritual white boy shit?

>> No.29872852

>>29872441
Baba and Mellon larpers are faggots.

>> No.29872865
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29872865

>>29872843
>spiritual white boy shit

>> No.29872914

>>29872726
Lol this was my take in 2017. You just never know when the ride ends but you make your money during it.

>> No.29872939

>>29872441
What does it mean? Thats a bretty big number.

>> No.29872960

>>29872852
Kek. Anon stop, let them make their new narrative first.

>> No.29873140

>>29872914
Hyperinflation will rape you and your mother and riot niggers are going to kill you and take your shoes in a couple of months.

>> No.29873171

>>29872441
nice.. but its still going to $0.20. Sorry bro

>> No.29873260

I remember something similar happening a year ago or so.
Very big TX in XRP.

>> No.29873392

I'm sure it's just a test. Sometime huge numbers roll through the ledger. Hasn't resulted in any retail price action, much less any switch flipping.
Why they'd be testing, though, is another issue. Could be anything from legitimate
>ok, we see work nao!
to
>my fruggung boss say test redger nao!

>> No.29874140

>>29872441
Phase 3?

>> No.29874862

>>29872441
Jay Claytons last day in public office. just let that marinate boys. His last move in his whole career was to fud a supposed "Shitcoin". We know that the SEC authorized the sales of xrp in 2019 and have sat on their hands for 10+ years while xrp made very public appearances on the news and financial institutions. People who fud this coin have ZERO imagination and need either a pajeet shilling them their low cap project or need to be explicitly told how to view reality. I will have zero sympathy for you mongoloids that miss taking advantage of the great reset, as you were never meant to make it by your very narrowminded nature.

>> No.29874875

>>29872441
lol

>> No.29874904

>>29872843
nigger

>> No.29875217

>>29872441
Big number go brrrrrrrr

>> No.29875381

>>29874862
the coin fuds itself, look at the chart

>> No.29875461

>>29875381
Im floored with the flawlessness of your logic. you win, I consneed.

>> No.29875465

>>29875381
>look at the chart!
>this isn't an adhd pnd!
No shit. Stick to scouring twatter for people to meme coins for you and flip them.

>> No.29875703

>>29872441
Explain what that means to me like I’m a three year old please.

>> No.29875724

>>29874904
Google ‘white spiritual boy’ instead of sperging out

>> No.29875838
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29875838

>>29875465
except it is one pnd after another.. smart people swing this shit only retards hold. You keep doing that.. im sure the switch will be flipped, any day now

>> No.29876095

>>29875838
ahh yes the coordinated pump and dumps of the 3rd highest market cap coin.

>> No.29876359

>>29872441
I want to be an xrp schizo, where do I start /biz/?

>> No.29876414

>>29875838
It's literally set and forget. Whatever you imagine you're making swinging it could be easily quadrupled, at worst, elsewhere.
But you're very intelligent, so you must have known that.
Just look at the charts.

>> No.29876521

>>29876359
https://youtu.be/fT0Y1Pf_NNM

>> No.29876690

>>29876095
yes, its how whales swing tens of millions, cant do that with low cap shitcoins
>>29876414
so you didnt sell the flare pump, or the last pump to .75. Way to get rekt, when you could be stacking so much xrp. You fell for the switch meme, swinging whales and their bots love that shit it means less competition

>> No.29876997
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29876997

>>29876690
I flipped everything in for the snapshot, then took profits and established the same positions I had before everywhere else, which have since pumped in muh bullrun.
I haven't reduced my desired zerp stack. Nothing else has the possibility to moon like it does.
>you made out better than when you started, but you didn't do it my way, you got REKT!
If it goes back to $.20, like you said, I'll lower my dca.
Literally cannot lose, way in the green.

>> No.29877929

the ledger cannot detect wether the IOUs are backed or not

>> No.29878890

>>29872726
People used to speculate on routers?

>> No.29880092

>>29875703
someone paid upwards of 10k XRP to issue and transfer a ton of CNY IOUs across the network. The IOUs could be backed by real money by the issuer or could be fake money created by the issuer and sent to a dummy address as a test. Either way they spent the fees to do the transfer. Most likely fake money used as a test, which is bullish since who would test with such large amounts and fees (banks). But if it was real money backed by an issuer and sent to a separate entity that could redeem them, then it’s ultra bullish, since only a big time Chinese bank could back those IOUs with real money.