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18006454 No.18006454 [Reply] [Original]

Are we competely fucked when ETH 2.0 comes out? Everyone is saying ETH 2.0 will basically be a whole other monster that will completely dominate XRP's TPS and Scalability and can even replace XRP

im scarred shitless. If ETH 2.0 does all that it promises, should we just swtich XRP for ETH?

>> No.18006490

Lol bro crypto is dead

>> No.18006501

>>18006490
it is, but were betting on which coins will lead the resurrection

>> No.18006574
File: 1.08 MB, 276x260, 1579790857107.gif [View same] [iqdb] [saucenao] [google]
18006574

>>18006490
>Dotcom crash
Lol bro the internet is dead

>> No.18006591

>>18006454
>im scarred shitless. If ETH 2.0 does all that it promises, should we just swtich XRP for ETH?
What the hell are you talking about? ETH has a completely different usecase to XRP. They aren't really competing at all.

>> No.18006608

>own 5k xrp with an average open of 0,23
I fucked up didnt I

>> No.18006609

>>18006591
A lot of XRP shills talk about the technical advantage an XRP token has over bitcoin and ETH. if ETH is faster and more scalable than XRP, why wouldnt people jjust use ETH or ETH tokens for ODL then?

>> No.18006700

tezos has already made eth 2.0/3.0 obselete

>> No.18006703

>>18006454
>Everyone is saying
Imagine believing these people, imagine believing in xrp ffs.

>> No.18006732

>>18006700
if that were true, why isnt everyone dumping ETH for Tezos/

>> No.18006877
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18006877

>>18006608
>>18006703
Thanks for the screenshot. This will be fun to look at in a few years.

>>18006609
You're assuming that ETH 2.0 will surpass XRP in TPS and settlement time. I have no idea where you got this from.
Even if this were true, there are already projects that exist that surpass XRP technologically. However once you get pass a certain threshold, the technology becomes less important and liquidity and actual institutions using it become vastly more important. XRP has Ripple and Moneygram ramping up ODL volume and providing liquidity. Ethereum isn't even going for the cross border payments use case and doesn't have institutions using it.

Remember liquidity is kind.

>> No.18008299

>>18006877
if coins surpass XRP in TPS, whats the point of using an XRP token. Why cant you setup ODL to use Digibytes instead

>> No.18008324

>>18006454
world banks use xrp
xrp is the new one world currency
https://www.youtube.com/watch?v=NsuY9FY1OKs&t=69s

>> No.18008366

>>18008324
ETH has a lot of institutions signing up for it too though

>> No.18008407

>>18008299
I literally just told you. Liquidity. It's all about liquidity. I don't know why you stopped reading after the first sentence.

Also Ripple don't own a lot of Digibytes but they own a lot of XRP so have a significantly bigger incentive to boost the XRP ecosystem.

>>18008324
No. XRP will be the global bridge currency and a very significant currency, but it's not the new one world currency.

>> No.18008409

>>18008366
xrp has the rothschilds behind it

>> No.18008475

>>18008409
is there any clear evidence that the rothschild endorse XRP, or was it just a blanketed statement they made once whe XRP was one of the many things they listed?

>> No.18008504

>>18008407
i thought what makes a coin liquid is how fast it can be converted to cash; aka high volume.

>> No.18008554
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18008554

>>18008475
Just ignore him. Banks that the Rothchilds own a part of are on Ripplenet, which says almost nothing given how much they own.
However XRP is absolutely going to be the most successful crypto in the short-medium term.

>> No.18008638

>>18008504
Yeah you're absolutely correct. You need people actually using the crypto (high volumes) in order for the asset to be liquid. The difference between a 1 second settlement time and a 4 second settlement time is minimal and doesn't really affect liquidity at this stage. It's all about volume.

>> No.18008664
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18008664

>>18008638
that would mean anything with higher volume than XRP and almost the same or better TPS is better than XRP

>> No.18009060

>>18008664
Yep and no other crypto is close to that. It's very important to note that no other crypto has a reliable method for building volume & liquidity. Every other crypto is just relying on speculative volume. XRP has Ripple literally paying Moneygram to build liqudity and volume in specific corridors in order to start this thing.

>> No.18009195
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18009195

>>18009060
XRP's volume is pretty poor for a T10 coin though. BCH and BSV have much better volume; and the ODL by Moneygram rarely goes about 10 million a day.
I think its going to take 3 years to even breach 100 million in odl volume.

I wish Brad and Schwartz never gave banks the option to use Ripple payment with no ODL. because banks just using Ripple is a major cock tease. Some redditar message one of the banks in ripple net if they were ever going to move onto XRP odl and they said
>no my friend
basically

i almost wish ripple payment never existed and Bran and Schwartz forced these businesses to use ODL.
ODL takes a shit ton of time to set up, because banks have to physically remove their nostro vostro amounts for corridors

>> No.18009419
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18009419

>>18009195
>XRP's volume is pretty poor for a T10 coin though.
You didn't read what I wrote. XRP currently has poor speculative volume, because the only thing driving the crypto market is speculation. This next sentence is very important. Only XRP has a powerhouse like Ripple that paying millions of dollars to give XRP the liquidity that is necessary. No other crypto has this and therefore they are just relying on speculation.

>Some redditar message one of the banks in ripple net if they were ever going to move onto XRP odl and they said "no my friend".
No. Ripple did of Proof of concept with a central bank (Bank of England) and they aren't using ODL right now because of a lack of regulations in the UK.

>i almost wish ripple payment never existed and Bran and Schwartz forced these businesses to use ODL.
They did this initially but banks were too hesitant to immediately use a crypto. xCurrent allows bank to come onto Ripplenet and when the time is right it gives banks the option to use XRP as settlement. Eventually the default will be to use ODL.

Remember the BoA leak? Just wait a couple of months.

>> No.18009731

>>18009419
i dont know what BoA announcment would do. I dont think we will see significant physical ODL growth for at least 5 years, and no speculation money is flowing in because everyone is retarded.

Bank of America announces
>we are partnering with RippleNet!
>just 10 more years until 100 million of transfer are on ODL!! :D

>> No.18009940
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18009940

>>18009731
I've had your outlook (and still kind of do) when it comes to ODL volume scaling. Everyday I look at https://utility-scan.com/#/dashboard and just get disappointed. The confusing thing is is that they aren't even scaling at this point and they're just remaining stagnant of even decreasing.

Again, I've been frustrated by the very same things, but I think we will see a turning point relatively soon. If it takes 5 years to see any significant ODL growth then they would have left it too late.

>> No.18010025

>>18009940
i only got into XRP in 2020, what was the ODL situation like in 2019? Was there only 1 million a day?

David is a mad lad, but 2021 being too late is a joke when only 9 million ODL is the average as late as 1/4 of 2020

>> No.18010107

>>18010025
It was next to zero before the Moneygram deal. It properly ramped up in Q4 2019 and late January 2020. There hasn't been a reason given as to why the ODL volume hasn't been continuing to scale. However, remember then when it does scale, it will scale exponentially just like COVID-19.

I envy you for buying at 2020's prices.

>> No.18011197

>>18010107
>there hasnt been a reason
my biggest fear is that Moneygram doesnt see any benefit. The ceo said there are benefits, but its fishy how they just seemed to stop increasing

>> No.18011557

>>18008475
The closest thing I've heard is that they own a big stake in SBI, which is one of Ripple's biggest partners, and they have control over eighty percent of the banks in Japan.