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/biz/ - Business & Finance

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File: 66 KB, 1002x564, RIP Bitcoin.jpg [View same] [iqdb] [saucenao] [google]
7064992 No.7064992 [Reply] [Original]

ripple has confirmed partnership with jp morgan. game over, jews win again. buy now. east 1000x.

>> No.7065125

>>7064992
source

>> No.7065173

XRP is not competing against Crypto, faggot

>> No.7065325
File: 347 KB, 1024x817, wide-eyed-innocence-pooch.jpg [View same] [iqdb] [saucenao] [google]
7065325

>>7064992
>jp morgan will buy XRP bags at market rate
anon, I ...

>> No.7065337

proof? link? that's what I thought FAKE NEWS

>> No.7065606

it is fake news. this guy is trying to unload his bags

>> No.7065672
File: 183 KB, 1242x2208, FBD4E250-85C0-4632-B3BD-4561B18E1B44.png [View same] [iqdb] [saucenao] [google]
7065672

>>7065337
>>7065606
https://www.jpmorgan.com/country/US/en/cib/treasury-services/real-value-real-time-payments

It isn't fake, but they don't mention it directly. They do use the word ripple in an odd way. Pic related.

>> No.7065809

>>7065672
this is the exact not definition of CONFIRMED goddamit you fucks

>> No.7065850

>>7065672
It's about Quorum, tard.
https://www.jpmorgan.com/global/Quorum
No one will use your shitcoin

>> No.7065870

>>7064992
>Speed, transparency, integrated information and process simplification have a ripple effect of benefits. Examples include: ...

PARTNERSHIP CONFIRMED

>> No.7065883

You guys know that XRP-Token isnt Ripple right?

>> No.7065884
File: 43 KB, 470x547, 1513680409856.jpg [View same] [iqdb] [saucenao] [google]
7065884

>>7064992
You got Crippled with the ATH bags, huh, OP?

>> No.7065918

>>7065850
That is from October 2016. They gave up on quorum.

>> No.7065921
File: 40 KB, 731x483, ksstksstkssst.jpg [View same] [iqdb] [saucenao] [google]
7065921

>>7064992

>> No.7066006
File: 73 KB, 731x462, IMG_20180120_153715.jpg [View same] [iqdb] [saucenao] [google]
7066006

>>7065883
Xrpnotripple rightguys?

>> No.7066044

>>7065809
Once it is confirmed it will be too late and ripple XRP will moon. Get in now!

>> No.7066121

Leave the people here behind. They dont want to be rich. Poorcucks
Sorry for their life decisions.
I will post suicide prevention hotline once we are at the top

>> No.7066139

>>7064992
im not buying your kike shitcoin faggot.
the market cap on XRP would have to be fucking 1 trillion before this shitcoin ever was worth $10

gas yourself nigger

>SAGED

>> No.7066278

>>7066139

And Bitcoin needs to be 17 trillion to be worth $1 million dollars yet you fags have been feeding me this fantasy for years.

>> No.7066426

>>7066278
This.
Hypocrites all over the place

>> No.7066850
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
7066850

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).