/biz/ - Business & Finance

>>8018759
haha you should have known, cuck

>>8018759
No clue goy.

>>8018759
It was made literally by jewish banks to literally be a way to get bitcoins since they can literally print it to oblivion like literal paper fiat you literal retarded goyim.

It's literally the literally literal truth.

>>8018759
>stinky linkies FUD to keep the price down
>cripple ripples shill to pump the price
>neither strategy works
You picked the wrong horse, OP.

>>8018759
>i bought in at 0.92
gg

WHAT DO I DO I GOT IRON HANDS BUT I'M SCARED THIS TIME

>>8018790
Christ, you are dunb

>>8018759
>i bought in at 0.92 thinking
There's the problem, right there.

>>8018759
Because Ripple has literally always been a fucking scam in the same fucking way link is a god damn scam., ya played yourself m8.

that's it. i'm getting out. at least i didnt lose much

nice troll. everything is crashing. Codius and Inteledger will give XRP at least 2 moon missions this year.


>>8018790
It is as “easy” to “print” XRP as it is to “print” BTC: you need to modify the software and get people, exchanges, businesses and organisations to adopt the scam against their rational self interest.


Also, the following would happen.
1- XRP's price would collapse immediately
2- Their main source of revenue would be gone.
3- Their reputation, the most important thing you need in this business, would be irrevocably destroyed. No one, not users nor banks would trust them ever again
4- they would be sued into oblivion by the institutional buyers who bought directly from them under the fixed supply assumption
https://ripple.com/xrp/buy-xrp/-

[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).

you're not fooling anyone, we crashing hard sell asap

>>8018995
Fuck off with this post every single fucking time retard
Cripple is utter shit and so are you
Fuck you jew coin

>>8018995
Is this a bot?
This shit is posted in every single xrp thread

>>8018759
>down a whole 1%

>>8019168
yes because there's anti Ripple fud in every thread

>>8019195
Enjoy getting fucked in your asshole by the jews

>>8019195
>its FUD when Ripple has consistently proven to be trash

>>8019306
if you think Ripple Labs is jewish, then betting against them is what will get you fucked. lmao

>>8019195
Good answer

buy now faggots we moon very soon

>>8019325
It's not about money, it's about doing what's right.

>>8019325
Ripple Labs can eat a dick and so can the jew bankers