..wait.....

[Anonymous No.22547605]

you don't ACTUALLY think this will ever be worth even $5, right?

i must say "schizos", you did a good job convincing the low IQ among us that this absolute shitcoin will be $2000 haha, i mean ffs that doesn't even make any logical sense. its a good filter though, not all of us deserve to make it after all...

[Anonymous No.22547627]

post tfw its 1/1/21 and this crap is sub .20 and all the pink wojaks shit up this board

[Anonymous No.22547635]

>>22547605
>you don't ACTUALLY think this will ever be worth even $5, right?
Yes it will be $2k+ EOY

[Anonymous No.22547652]

DYOR

[Anonymous No.22547659]

>>22547635
OHNONONONO

[Anonymous No.22547663]

Rumors are:

2k EOY 2020

7.3 to 8.3k EO23

[Anonymous No.22547673]

>imagine being such a faggot you actually have to start a tread to FUD.

[Anonymous No.22547693]

>>22547663
yep, not all of us deserve to make it... take this retard for example

[Anonymous No.22547714]

>>22547652
https://youtu.be/1yJmv7GBTg8

[Anonymous No.22547729]

>>22547605
If your so certain
Why bother making a thread?
Remember
"Heres how hillary can still win"
Imagine investing in a entire network with its centralised power saurce comes from a paper tiger third world country.


We built everything for china and no we are decoupling
And you faggots want to go against the American dream team.
Schizo or not
Everyone i have spoken to that work in finance and investment banking .
Have said this is the future , nothing is up to its standard
And the ripple team working with banks and regulators...

Just saw yhe guarantee of your chinkshit coins

[Anonymous No.22547745]

why would banksters create a crypto where the goy could profit?

they wouldn't

[Anonymous No.22547793]

>>22547729
im simply trying to warn people while having a bit of fun at the same time

>>22547745
no point telling them that, these knobs think that banks will buy their bags at $2fuckingK haha

[Anonymous No.22547852]

In the end...

[Anonymous No.22547960]

>>22547693
I am going to find you and cane you, okay?

YOU HEAR ME! YOU WILL BE CANED!


FUCKING DONE!

[Anonymous No.22548012]

>>22547605
So many coping burgers got tricked by (((them))). I am laughing my ass at xrp idiot hodlers. Good luck with it

[Anonymous No.22548019]

>>22547627

[Anonymous No.22548023]

>>22547960
you cant touch this

[Anonymous No.22548048]

>>22548012

[Anonymous No.22548234]

Serious question tho, why would banks use the existing xrp blockchain? They can just clone the protocol, call it something else (like noGoyXRP) and use it for transactions. Every bank will operate several nodes and it won't be available for general public. AFAIK 30-45% of xrp is in circulation already. Why would (((banks))) want to give away 30-45% of their money to the plebs like us? Makes no fucking sense to me. And don't start with "they can't" or "it's cheaper to use the existing blockchain" type of bullshit, this is just not true.

[Anonymous No.22548345]

>>22547605
Buy signal

[Anonymous No.22548393]

>>22548234
A lot of that 30-40% is owned by crypto exchanges and smaller financial institutions that are looking to disrupt the current financial services hierarchy. Walled off garden is just going to lead to big banks having all the power again.

[Anonymous No.22548427]

>>22547635
Go back

[Anonymous No.22548469]

>>22547635
Sir! You cannot be of posting this or I will see you in Kleros Court!

[Anonymous No.22548537]

>>22547635
In the XRP shill discord:
>these autists discovered LINK and now all the plebbit and twitter normies are flooding to biz to look for the next thing
>this is our chance to shill XRP and stem the bleeding
>but how will we trick them into buying a shitcoin that does nothing but go down?
>I got it. We emulate early LINK threads by samefagging 200 replies of all kinds of bizarre predictions
>I love it. What is the price target we shill?
>well the LINK marines always say $1k eoy... how about we go with... $2k eoy
>entire discord shits in the street and then spams biz endlessly for weeks

[Anonymous No.22548565]

>>22547605
It's going to wobble around in price forever so probably some money to be made by patient swingers

[Anonymous No.22548575]

>>22548234
Because banks are too hard-headed and didn't realize until it was too late. ONE bank will not be able to come up with this, and now that legislation is in place, it's beyond too late for anybody who doesn't have a working product TODAY. Ripple has been here, the whole time, slowly making these moves. Could all of the banks team up and come up with a better blockchain? I guess, in theory, but that would never happen. They cannot/will not work together, and yes, they will have to use someone else's bridge now.

[Anonymous No.22548580]

Why settle for 2k? It's going to be 20k by [INSERT DATE]! The bankers will not only buy ours for that price, they'll also give us each a blowjob. IYKYK

[Anonymous No.22548625]

>>22548575
They will use hyperledger or one of the other permissioned chains that doesn’t have a token. if you actually think a bank is going to pay $2k to buy some shitcoin off you just so they can transfer money a bit faster you’re either 16 or you’re a drooling nigger that works in gas station kek

[Anonymous No.22548635]

>>22548393
The point is - it doesn't belongs to the banks. Banks are not charities, anon. They are not famous for giving away their money to the poor, this is not how they accumulated their wealth. What makes you think they are looking to redistribute their wealth this way is beyond my understanding. They are looking to change the way interbank payments are working, thus ISO 20022 is a thing, and they will use blockchain most likely and xrp tech is probably good for them especially when smart contracts are implemented. But they don't need the existing xrp blockchain, they don't need you. They can just clone the tech, they can just pay ripple to help them to establish it for them.

[Anonymous No.22548647]

>>22548625
>Thinks Banks wouldn't be buying OTC via Ripple like they already have been.

[Anonymous No.22548686]

>>22548625
Banks are not going to worry about XRP in the slightest. They will not need to buy it. XRP will work for them, and holding XRP will just be the cherry on top for those who knew. Oh wait, you still think that the banks are going to decentralize? LOL

[Anonymous No.22548726]

>>22548635
>they can just clone the tech
no they cant. And if you think that banks/government isn't working with ripple already you are fucking blind

[Anonymous No.22548794]

>>22547605
all the retarded xrp kids were supposed to buy LINK but didn’t

now they sit and know they bought a loser

i still have my xrp but LINK is everything

[Anonymous No.22548817]

>>22548635
Why would Ripple agree to that when they know that the big banks are losing their grip on dominance to the previously referenced exchanges and smaller institutions? Before XRP, small banks and remittance services would have to rely on bigger ones to effect international transfers due to the problem of needing large nostro/vostro accounts. That is no longer the case now. There is a reason why legislation is being rushed in to allow for crypto asset custody by traditional financial institutions. Big banks aren't really going to have a choice in this matter, it's adapt or die. They're welcome to try and develop their own network (entities like JPMorgan already have, but as far as I know, they don't have any plans to create some sort of multi-bank ecosystem, rather a sort of digital dollar that would need a bridge currency like XRP to be effectively exchanged) but it really is easier said than done. This has been in the works since 2013, if not earlier, it's naive to think you can just snap your fingers and clone the ecosystem that Ripple has been developing. Big banks are already divided over this, where some want their walled off gardens, while other Banks like SBI are making big plays to be a large part of the XRP ecosystem. You act like it's a sure thing that these giant institutions are all going to sit down and agree to make their own system or whatever, but we already see that's not happening. I also fully expect entities like Santander and BoA to hop on board once the network is more developed.

[Anonymous No.22549395]

It's threads like this that are actually the most comfy. Watching you tards debate always reminds me how little people on /biz actually know about the XRP ledger and how Ripple will be using it in fintech.

[Anonymous No.22549632]

>>22548726
I'm not saying they are not working with ripple, I know Bank of England tested it and there are other institutions interested in the technology. What I'm saying is there is a distributed ledger where the transactions are stored and there is a protocol which is used to add entries to the ledger. The banks don't need the old ledger, they dgaf about your or enyone elses transaction history. They just start with a new genesis block (new ledger, new blockchain) using xrp or similar protocol. They can pay the Ripple company 1 billion for the tech and still it would be much less than what they will need to pay goyim if they decide to use the existing ledger which makes no sense

[Anonymous No.22549783]

>>22549632
Anon, you say "the banks" like there is one singular entity. You realize they are all in competition but also reliant on one another yes?

Interoperability is key. You need a bridge that can interact with each banks ledger and provide a medium throughout all.

A bank cloning an XRPL literally gives them no advantage to using the Ripple XRPL.

[Anonymous No.22549817]

>>22547635
EOY 2078

[The Garlicman No.22549845]

XRP 10 trillionUSD EOY

[Anonymous No.22549858]

wtf a ripple just flew over my house

[Anonymous No.22549875]

>>22549632
Actually nevermind. I am tired of spoonfeeding retards all the time. Your posts only show how deeply ignorant of the situation and technology you are. You have a genuine smoothbrain level of awareness if your thesis is "but the banks can just make their own!"

[Anonymous No.22549928]

>>22549632
You really think Ripple would only charge 1 billion to completely abandon their established infrastructure that they have been building for almost a decade? When the company itself is already worth 10 billion dollars? I don't buy that for a minute. Why do you think banks are going to have to buy from us commoners when Ripple has plenty of XRP in escrow to sell to them OTC at what I am sure is a very reasonable price, if not practically nothing? This doesn't even consider the fact that much of the XRP in circulation is already held by exchanges and remittance providers. There are only 2 million XRP wallets, 82% of them hold less than 1000 XRP, 92% hold less than 5000. You're overestimating how many average Joes hold XRP.

[The Garlicman No.22549938]

I am just waiting for the numbers of Q3 2020

[The Garlicman No.22549961]

>>22549928
the whole project has been started in '88

[Anonymous No.22549978]

>>22549783
Yeah sure, they need some entity that is above banks, I get it. ISO20022 is developed by SWIFT, SWIFT is the entity your are talking about. BTW I've seen nexo as well in the ISO20022 documents and they seems to be more active than ripple. Do you hold nexo as well?

[Anonymous No.22550325]

>>22549928
>You really think Ripple would only charge 1 billion
>10 billion
>100 billion
still less than trillions they'll owe average Joe if 2k eoy is true
>much of the XRP in circulation is already held by exchanges
XRP held by exchanges don't belong to the banks

[Anonymous No.22550348]

>>22549978
What exactly do you mean by "more active"? NEXO is also a lending platform and isn't really oriented at the same goals as Ripple and XRP are. ISO 20022 is also not developed by SWIFT, it is developed by a large array of financial organizations. SWIFT has been catching flack recently because they delayed their migration to ISO 20022 standards. I don't think Ripple will replace SWIFT, but I could see SWIFT working with Ripple and using their technology to handle the bulk of their transfers, which would still allow them to collect membership and transaction fees.

[Anonymous No.22550544]

>>22550348
I went through some documents on the iso website. I see nexo is working on the protocol, I see several proposals by nexo here https://www.iso20022.org/development/status-iso-20022-submissions but I don't see anything by ripple there. I also checked https://www.iso20022.org/sites/default/files/2020-03/ISOInitiatives_July2018.pdf and there are no mentions of ripple or xrp, while nexo mentioned 8 times

[Anonymous No.22550679]

>>22550325
Two things you don't seem to be getting. The exchanges are a direct threat to traditional banks. Did you see the news today with Kraken getting a banking license in Wyoming? If we truly are moving towards a crypto-powered future, exchanges will soon be able to offer all the same custodial services and investment opportunities that big banks currently provide in today's fiat based economy. Exchanges aren't charities either, and they have every incentive to pull as many people as possible away from traditional financial services. They stand to gain a lot in terms of first mover advantage if the banks refuse to play ball, and try to impose their own system, which will most likely be designed to favor them and not the average consumer. At that point, what reason does the average consumer have to continue using their services? The second thing is that you're not considering the fact that Ripple has almost half the total supply locked away in Escrow, and they are buying back XRP as of their most recent quarterly report. I don't know why you keep insinuating that banks are going to be purchasing XRP at market prices, or that every holder is going to just hold on until the price hits 2k. Most people would probably cash out around 10-20 dollars, which is still an incredible return. And Banks would have an incentive to buy it, because the more they buy and the more they use it for transfers and financial services, the price will only continue to go up. I think 2k EOY shit is a larp to be honest, but I could see 100-200 dollar XRP in the cards if the best case scenario plays out. Once again, there are only 2 million wallets holding XRP, imagine what the Banks stand to gain if they buy those wallets out, and then implement a system where billions of people are using services powered by XRP. It's an investment for them as much as it is a vital source of utility.

[Anonymous No.22550795]

>>22550544
I am going to guess it has to do with the fact that Ripple has only been a member of the RMG since may of this year. There have only been like 17-18 proposals since then, and it looks like a lot of those are amended documents that were published at an earlier date.

[Anonymous No.22551188]

>>22547635
>$20 of XRP today would be $160,000 by EOY
sounds good, buying some right now fren

[Anonymous No.22552265]

>>22547605
Not while VRA exists. I suspect normies money might flow there faster.