/biz/ - Business & Finance

yessssssssssss


b-bu-but they told me no one is ever using XRP


hahahahaahahahahahahahahahahahahahahah

10 bucks mid year easily.

>>8045211
Never, staying far away from Jew coin

>>8045231

>>8045211
Still below 1 dollar? Poor bagholders.

Stop shilling your Chuck E Cheese tokens you fucking kike.

>>8045239
you're also staying far away from ever making it hahahahahaha poorfags gonna poor

>>8045239
>>8045261
>>8045280
Ill take those responses as meaning $100+

What benefits do I get from holding this coin? Does it have a staking, dividend, or governance feature that I'm not seeing? It can never become a "store of value," because of the distribution so it's unclear why exactly retail buyers would hold this? can anyone explain?

>>8045528
it is only the easiest 10-20x this year with a (still) relatively low entry price.
google is your friend, don't expect to always be spoonfed on coins ffs

>>8045528
Value over time > value now

Sell it to saltly no ripplers later this year when the googlepay partnership is announced

All of you new fags will fomo when this coin is $10 eoy

>>8045920
That's impossible, the market cap would be more than the value of the global GDP

>>8045949
forget the mc bs. old story, LAME

>>8045211
>centralized banker token wherein the authorities can freeze and seize your tokens
how is this better than cuckbuxx again?

Lol @everyone unirconically holding the #3 biggest marketcap coin and the biggest Shitcoin in the top 10 expecting mad gainzzz

>>8045247
Have you heard about the nano ?
0 cost tx, 7000+ tps

>>8046081
1/1/2017 XRP third highest market cap

Then went on to gain 36,000% that year

>>8045211
>Oh wow 10$ thats 11x
>Oh shit i'll forget all the 20x-50x-100x moon missions now XRP is /ourcoin/

>>8046136
The highest gain of all of 2017 too.

>>8045239

>ideological investing

I used to think "/biz/ hates money" was a meme, but seeing it in real time is hilarious

>>8045949

>>8045949

It almost hit 4 dollars a few months ago, how much of a faggot are you people?

muh this coin is against my crypto dogma
muh centralization
muh freeze tokens
muh value because my coint spent 1 bil gigawatt on TXs and XRP has no value
muh XRP market cap
muh XRP price fixation
muh no banks will use it

Are you fucking listening to yourselves? This is a pajeet tier leddit FUD.

>>8045577
>google is your friend, don't expect to always be spoonfed on coins ffs

So you have no counter arguments otherwise you would provide them.

>>8045211

>>8046388
I just don't want to argue more than necessary with guys like you. you're aery lost, so move on. we will.

>>8045211
XRP can go straight to $100 and I won't bat an eye. I will never touch that bankster trash.

>>8046485
good for you.

>>8046212
Which means nothing considering it's right back to .90 cents. It had a pump, not a fucking bull run you massive failed abortion.

>>8046485

I can not even fathom how it must be being this pathetic.

remember when btc was 1dollar
ripple will be worth 20k soon too

>>8046001
>the authorities can freeze and seize your tokens
have any source on this

>>8046633
ignore the muh freeze FUD we're beyond this now

>>8045211
>pajeet knows the 5 stages of grief very well
are you still talking about XRP? lol

>>8046596
Except XRP can't be mined and pretty much has infinite supply

>>8046654
im pointing out his lack of source

>>8046686
what is it with mining and price, why mining gives it value?
and how is 100B pretty much infinite?

>>8045211
well lets see. it's a coin that destroys pieces of itself when you use it and requires a special ID number just to send it anywhere and the devs have already said they could print as much XRP as they want. so yea. it's shit.

>>8046862
"could print as much XRP as they want" FUD
"special ID number" FUD

Transaction fee is burned, read about it here:
https://ripple.com/build/transaction-cost/

Why does every pajeet retard needs to come here and give professional opinions, is beyond me.

>>8046942
you're trying your best in this thread to say "FUD," pajeet. is it working?

>>8046942

>>8046862
>devs have already said they could print as much XRP as they want.
source?
>it's a coin that destroys pieces of itself when you use it
how is this bad?
>requires a special ID number just to send it
you really dont know what a destinantion tag is?
pro tip, it gives xrp bonus points

>>8046988
how is that bad? are you insane?

>>8046971
Because it's FUD, pajeet. I'm not going to spoon feed every pajeet.

>>8046982
Exchanges have single Ripple Wallet.
They can distinguish you using this TAG.

When you send XRP to your own wallet, you don't need any TAGs.

>>8047017
less than 0.005% of tokens have been burned since the inception of xrp
how is this insane?

>>8047083
just wait until it sees mass adoption. those burned coins will add up quick. it's the amazing disapearing money coin.

[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).

>>8047104
>just wait until it sees mass adoption.
congratulations you are one step closer to acceptance
>it's the amazing disapearing money coin
tokens arent just dissapearing from your wallet
and burning rate is just to prevent spam, so you will never see $40 fees

>>8047104

at a transaction cost of 0.00001 XRP, the burn rate is 0.0004731349% per year, retard

>>8047214
because of the way xrp burns coins exchanges can't even trade it in small amounts. it has to be traded in blocks. so if you only have X amount of xrp you might only be able to trade half of it or even worse none of it if your below the limit.

>>8047653
what the hell are you blathering about?

>>8045211
not falling for the 100 bil centralized xrp scam.

sorry.

>>8047653
now you are talking nonsense, i dont know where to start, what do you mean with all of that?
do you have any sources for any of the claims you are making?
>can't even trade it in small amounts.
exchanges have minimum trading ammounts for every coin, are you trying to trade pennies? what exchanges have to do with the way any coin work...
you can send 0.5 xrp to anyone what do you mean with "it has to be traded in blocks." anyways
>might only be able to trade half of it or even worse none of it if your below the limit.
what limit are you talking about
how is the way xrp burns coins any diferent to any other coin transfer fees in the eyes of exchanges

you fud is very weak if that is your objective, do some research on xrp it is a interesting coin and i think it has a lot of potential and room to grow

>$100 XRP

>>8047912
delusion is real, how is any other coin not a scam? or why is XRP scam?

>>8046173
Nope. That would be xvg. 1 500 000%