[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 98 KB, 1280x720, maxresdefault (1).jpg [View same] [iqdb] [saucenao] [google]
24780510 No.24780510 [Reply] [Original]

>POW: trading electricity and hardware cost
>POS: trading scarcity and time evaluation
>XRP: hey man lets just pull some clybto clubbency out of our ass and sell it

>> No.24780570
File: 8 KB, 250x250, 1589771090441.jpg [View same] [iqdb] [saucenao] [google]
24780570

>>24780510
nebr gon mek it op!!!

>> No.24780622

JUST
BUY
RSR

>> No.24780675

>>24780510
>proof of correctness on a trustless blockchain
Fixed it for you brainlet

>> No.24780738

>>24780675
your crypto is literally pulled out of an ass so why not just pull random non-existent words out of yours, right?

>> No.24780744
File: 72 KB, 800x1024, 1588830285470.jpg [View same] [iqdb] [saucenao] [google]
24780744

>>24780675
>like politically correct?!!! TAKE MY MONEY

>> No.24780918
File: 19 KB, 128x128, 8BF7FF3D-670E-4466-818A-1D9245460602.png [View same] [iqdb] [saucenao] [google]
24780918

>>24780738
>>24780744
Preallocated, doesn’t need to prove it’s worth through “work” or providing for a liquidity pool, it does so by proving more efficient technology. Permissionless and always correct, there is no double spending or fear of hardforking. Fast, cheap, scalable, deflationary, completely transparent. The fact that you can’t even understand how this “worthless pulled from thin air” token has a 21B MC gives away the fact that you’re 2 IQ points away from being dragged around in a wheelchair. Stay poor, emotional and rent free you dumb niggers.

>> No.24781045

>>24780918
Literally every single token, 100% of circulating supply was sold and cashed in by the two ugly jews. There is nothing more or less to it.
The whole "blockchain" is literally just a centralized banking system crowdfunded by pajeet taxi drivers.

>> No.24781046

>>24780918
The Chuck E. Cheese token has a market cap of 21 billion because it's being consistently overvalued by traders. Do you think TSLA's share price is anywhere close to it's real value? Same thing applies to XRP. This is only possible because it's part of that great big derivatives market in the sky.

>> No.24781223
File: 222 KB, 385x343, BCD95FB6-5092-4876-A51D-F24CC596FC7B.png [View same] [iqdb] [saucenao] [google]
24781223

>>24781045
>>24781046
Stay SEETHING lmao
>over 50% of supply isn’t circulating
>over 9 million has already been burned
>devs hold less than 6% of supply
>banks and financial institutions DO hold, SBI alone holding over 8%
>most XRP is held by multi million dollar wallets
XRP is more decentralized than you dumb niggers can even understand

>> No.24781258

>>24781223
the whole economics behind XRP is that certain amount is monthly released by a "wallet" and the profits go directly to the founders. Do you have argument against this?
Also, how the fuck is it decentralized? You cannot just be a "node" nor can you modify or influence the network. Only Ripple can

>> No.24781308

>>24781223
>t.fodder

>> No.24782005

>>24781223
imagine thinking 50% of the supply not circulating is a good thing.... those non-circulating coins aren't like the Bitcoins people threw away in 2011; they are held by whales ready to dump.
XRP's primary use-case is b2b remittance. why would they let a remittance token 'moon'?

>> No.24782065

gettin all upset
defending and shilling fav computer magik $$
jejejeje

>> No.24782101

>>24782065
the peak xrp bag holder mentality
i.e (7 year old boy)

>> No.24782124

>>24780675
trustless and xrp in the same sentence? kek

>> No.24782155

>>24780510
but @xrpcryptotyrone told me that xrp would be worth two thousand dollars a coin one day
why would you know something that he doesn't?
fuck this, i'm going back to the xrp containment sub to post twitter larper screenshots with my fellow based xrp marines

>> No.24782290
File: 79 KB, 550x478, 20201213_161546.jpg [View same] [iqdb] [saucenao] [google]
24782290

>it pumps
>it dumps
>and it makes salty bagholders over & over

>> No.24782460

>>24781258
>>24782005
this