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/biz/ - Business & Finance

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File: 8 KB, 300x300, xrp.png [View same] [iqdb] [saucenao] [google]
17153759 No.17153759 [Reply] [Original]

this shitcoin is a scam, isn't it?

>> No.17153768

Just imagine if they are right though

>> No.17153769
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17153769

>>17153759

>> No.17153772

>>17153759
Yes

>> No.17153778

>>17153769
And it did fuck all for the price.

Jed will keep this down for another good 10 years or more.

>> No.17153784

People have known Ripple/XRP is a scam since 2016. All the OG crypto people knew it. It only got a bump when all the new dumb money from 2018 came in and they are still here hyping up this known scam.

>> No.17153787

if XRP has to account for 1 trillion dollars of transactions a day (end goal), that would mean XRP would have to be $10 since theres only 100 billion in existence, if the banks trade each individual XRP on the market.

Well, the bank can not just buy and sell every single XRP instantaneously because 60% is probably in the whales cold storage.

So, lets make XRP $50 a coin.

Well, the Bank can not just buy and sell such a large amount of XRP in the 10 second time span its intended to do, it has to be able to buy and sell so fast, that it causes no market fluctuations and it accounts for a trillion dollar trade.

Right now, XRP does below $500,000 worth of ODL a day. and this is increasing by roughly 5% a day. And XRP is required to be .28 cents just to accommodate sub $500,000 ODL volume.

now... what price do you think XRP will be, once it has to process $5 million worth of ODL volume, which is chump change to daily international transfers?

>> No.17153789
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17153789

>>17153778

>What is an exponential growth curve

>What are market makers and actual adoption?

I guess go back to your shitcoins instead

>> No.17153804

>>17153789
>What is an exponential growth curve
>What are market makers and actual adoption?
things that xrp doesn't have

>> No.17153817

>>17153784
>2018

Hi newfag

>> No.17153823

>>17153789
Ripples fundamentals are spot on if it wasn't for their insane dumping. Combine that with David de-risking, Jed and R3 selling millions every day. This is fact.

>> No.17153824
File: 63 KB, 1305x806, 2.9.2020.png [View same] [iqdb] [saucenao] [google]
17153824

>>17153769
Where did you find that? I've been posting these since the new year. They obviously show wash trading for the jew coin that banks and moneygram would never use!

>> No.17153838

>>17153823
Why would they sell at these prices though? Fucking brainlets

>> No.17153844
File: 75 KB, 583x536, odlgrowth.png [View same] [iqdb] [saucenao] [google]
17153844

>>17153804
>things that xrp doesn't have
wrong, dead fucking wrong

but your loss retard

>> No.17153847

>>17153823
Why do people act like owning 5% of XRP actually means anything? Sergey owns 65% of all of LINK yet it keeps going up and up. In fact, since now that David has de-risk and jed dump more of their stack since 2018, just means it will be easier to moon

>> No.17153854

>>17153823
They have no fundamentals dumbass. There is no reason for anyone to use Ripple or XRP. They have no adoption because no one wants their product.

>> No.17153855

Why are you fucking anons shilling XRP to the retarded, poorfags of /biz/? Let them be poor, wtf? DYOR you fucking homos.

>> No.17153858

>>17153823
>Ripples fundamentals are spot on if it wasn't for their insane dumping.
It's also a fact that ripple haven't sold any XRP for 2Qs or did you not read that in your FUD handout

>> No.17153861

>>17153855
every buyer counts no matter how small. If we can convince 5 people just to lock up and hold 1000 XRP, its just more potential growth.

>> No.17153868
File: 61 KB, 1305x803, 2.4.2020.png [View same] [iqdb] [saucenao] [google]
17153868

>>17153854
Should we tell him?

>> No.17153869
File: 209 KB, 513x494, xrpboomer.png [View same] [iqdb] [saucenao] [google]
17153869

>>17153854
>They have no adoption because no one wants their product.
They have adoption and people want to use their product

get your head out of your ass and do your own research for a change linktard

>> No.17153887

>>17153824
>700 k USD
jesus fucking christ. XRP is going to megamoon. If it keeps growing at this rate this scenario >>17153787 is not far from the future

>> No.17153888

It has become very clear that there is some network of XRP shills active on /biz/ lately. How about you low IQ bagholders go back to your telegram, discord or wherever you came from. It's obvious what you are doing. We aren't going to buy your 2017 scamcoin.

>> No.17153894
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17153894

>>17153838
>>17153844
>>17153847
>>17153854
>>17153858
>>17153868
>>17153869
>>17153759

ABSOLUTE FUCKING STATE OF RIPPLETARDS

"AT CURRENT RATE IT WILL TAKE JED 20 YEARS TO SELL HIS XRP. HE HAS 4.7 BILLION LEFT"

https://eng.ambcrypto.com/ripple-co-founders-xrp-sales-revealed-latest-january-sale-included-9-million-xrp/amp/

>> No.17153908
File: 83 KB, 274x270, 498465165165.png [View same] [iqdb] [saucenao] [google]
17153908

>>17153824
>They obviously show wash trading for the jew coin that banks and moneygram would never use!
how deluded are you exactly

ripple is a regulated financial entity, so are the entities making these trades

not everyone lives in their mom's basement eating tendies and watching trap porn

this is real liquidity, real volume and it will only increase, welcome to the real world kid

>> No.17153915
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17153915

>>17153869
>They have adoption and people want to use their product

>> No.17153924

>>17153894
>"AT CURRENT RATE IT WILL TAKE JED 20 YEARS TO SELL HIS XRP. HE HAS 4.7 BILLION LEFT"
how long will it take fat russian retard to sell his fat russian meme coins?

>> No.17153927

>>17153778
>>17153784
>>17153789
>>17153804
>>17153817
>>17153823
>>17153854
>>17153888
>>17153894
Craig said go back to work on BSV threads.

>> No.17153933

>>17153927
>Craig said go back to work on BSV threads.
sorry he hasn't paid us, he can't seem to figure out how to sign with "his" "keys"

>> No.17153934

>>17153861
All you are doing is helping biztards who will never do their own research become rich, who matters are the banks and money institutions, not some fat beta on 4chan.

>> No.17153939

>>17153908
It was sarcasm.

>> No.17153942
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17153942

>>17153934
>All you are doing is helping biztards who will never do their own research become rich, who matters are the banks and money institutions, not some fat beta on 4chan.

Wrong. We're ensuring all these linktards kill themsleves when they remember participating in this thread

>> No.17153951

>>17153927
Both shitcoins

>> No.17153961

>>17153939
>It was sarcasm.

touché

sadly impossible to tell with these retards

>> No.17154012

>>17153942
Makes me feel a bit better. Still, shhhh. Scotty doesn't need to know.

>> No.17154015
File: 58 KB, 1293x676, charts.jpg [View same] [iqdb] [saucenao] [google]
17154015

>>17153759
Nigga, learn to chart. Until XRP goes above 30c, and stays above that price for confirmation, it's not going anywhere.

>> No.17154020

>>17154015
>Nigga, learn to chart. Until XRP goes above 30c, and stays above that price for confirmation, it's not going anywhere.
ok see you tomorrow

>> No.17154077

>>17154020
That's exactly what I'm trying to say. /biz/ doesn't know how to TA. That's why most of this board is frustrated all the time. It's not hitting 30c because there's not enough volume pushing through that resistance line. Could it be time? We'll find out. I've got my eye on it, if it stays above 30c, it's a confirmation.

If this goes above 30c, XRP is taking off. If it doesn't, it's going back down again.

>> No.17154102

Friendly reminder, 2k in May.

>> No.17154111
File: 19 KB, 300x168, xrpdump.jpg [View same] [iqdb] [saucenao] [google]
17154111

>>17154077
this coin has so many bagholders at so many price points who are happy to sell...
...add to that billions of XRP that founders and insiders got for free that they're happy to sell at any price
== pictured

>> No.17154150

>>17154111
>this coin has so many bagholders
I think it's the coin with the most bagholders. Majority of the masses got in late dec/early Jan and thought it would've been the new Bitcoin (going all the way past $100) and got hammered when the price dumped.

>> No.17154251
File: 144 KB, 815x509, folder.png [View same] [iqdb] [saucenao] [google]
17154251

>>17153961
Ive been posting the same graph for over a month now. The graph was searchable but you never see it. Now I see it posted all over the place and it looks like my cropping on most lol.

But yeah the graph shows jew wash trading of the coin that isn't being used.

>> No.17154263

>>17154077
and what I'm telling you is it's probably going to start testing 30c tomorrow

>> No.17154301

>>17154263
Ripple will start steadily gaining against BTC when the index volume to the wetbacks hits 30,000,000 daily volume.

>> No.17154307
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17154307

>>17154251

>> No.17154597
File: 70 KB, 846x568, david.png [View same] [iqdb] [saucenao] [google]
17154597

>>17153778

>> No.17154641

>>17153823
david de risked because of his wife, he sold at a loss. he still has billions of xrp.

Jed is a fucking cuck who stole peoples bitcoins during mtgox. he was awarded 8 billion XRP for starting Opencoin which was early XRP. there was a lawsuit ripple vs jed that stopped him from dumping all the coins.
XRP has a decentralized Exchange built into the ledger, so jed created a Fuck you coin and sold Fuck you/XRP and created a middle finger in the charts. he violated his court order by trying to dump more then he was allowed.

Now ripple controls how much he can sell.

>> No.17154661

>>17153861
I don't make these threads so that small fry can lock up xrp. I make it to free people from debt slavery. You and me buying xrp isn't going to make any difference, it's the corporations, governments and banks that matter.
There is a massive transfer of wealth never before seen in the history of the planet and you are privlaged to take part in it.

>> No.17154679
File: 243 KB, 1000x674, 1580867274302.png [View same] [iqdb] [saucenao] [google]
17154679

>>17154641
based

>> No.17154711
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17154711

>>17154641

>> No.17154788

>>17154641
>>17154711

Jed pretty much divorced Ripple and will be a a billionaire by their success alone.

>> No.17154800

>>17154788
he cost them 2 giant deals, the banks even refused to work with ripple until he was gone.

>> No.17154861

>>17153787
XRP doesn't work like that , you can send $100 million with 1 xrp. its a utility token. tardo.

>> No.17155228
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17155228

>>17154861
>XRP doesn't work like that , you can send $100 million with 1 xrp. its a utility token. tardo.

lmfao this retard doesn't understand the difference between a counter-party token a counter-party free token

what a moron

>> No.17155646

>>17154800
That's a blessing for me. Any delays in the parabolic increase of XRP's price just allow me to accumulate more. I ain't waiting around for wealth to start my life, but I am hoping it will make things a bit easier.

>> No.17155848

>>17154861
Sure, as long as they don't mind receiving 28 cents at the destination. I guess you can keep the other $99,999,999.72 as a fee.

>> No.17155956

>>17155848
HAR HAR HAR