/biz/ - Business & Finance

ITS LITERALLY A PREMINED CENTRALIZED TOKEN

>>25072981
How is it "premined", if you can't mine XRP?
How is it centralized, if Ripple runs less than 8% of validators (which you can choose for yourself, and make Ripple 0% for your purposes, if you want to)?

If you can answer me these two questions, I will send you 5,000 XRP! Quick, before it goes to 0.30! :^)

>>25072954
Who fucking cares, XRP is crashing back down to a dime.

>>25072981
You could replace every mention of XRP in the lawsuit with Bitcoin and it still wouldn't change
SEC is about to get btfo'd

>>25072954
https://twitter.com/nathanielpopper/status/1341493597183471616

>>25073149
1. It's not pre-mined, it's pre-(((mined))). (Bought for you low IQ posters)
2. The creators can just push new code that will make all validation go through their validators.

Where's my money

>>25073149
the default UNL is basically all ripple nodes. since pretty much everyone uses the default unl, the system is centralized even though only 8% are controleld by ripple. the 92% other validators just copy the 8% so it's the same thing.

>>25072954
based anti-fudder

reminder that this is all planned to shake brainlets out

>>25072954
All the hubub about SEC banning XRP is FALSE.
What's really happening is that SEC and Trump Administration (which will stay in place thanks to military action in accordance with Insurrection Act or otherwise after Frankfurt and foriegn/domestic election tempering is blown wide open) to seize control of various media, banking, and tech sectors will allow US administration and financial authorities to gain control over this currently ROGUE company and assume total control over the system.

XRP is still a bad investment even ignoring all this SEC shit.

>>25073354
>the standard
>a bad investment
Tesla was a real bad investment too
Who wants American made electric cars?

>>25073343
lmao

>>25073343
wtf you smoking? fuckin trumpers need to get their brains checked about supporting a coup.

>>25073343
cool just bought 10K more

>>25073343
>>25073922
Can we please talk about XRP? Nobody cares about your american civil wars.

>>25073376
>standard
they lied. banks aren't even using it.

>>25074008
>it hasn't happened yet therefore it never will
lmaoooooo

>>25073343

Lyl, imagine having an IQ this low.
I'd be embarrassed to be a cripple right about now.

Ripple shills sound like Q tards at this point.

C O P E

>>25073343
Look at your MAGA hat. its made in China.

>Guys guys look at this hopium so you can lose more money just Hodl till .01c and then we gonna MOON once the SWITCH GETS FLIPPED SOME GUY ON TWITTER TOLD me i trust him with my life savings.

>>25074008
This.
>>25073969
New, important, relevant information has emerged that destroyed previous claims. The SEC has taken action w/ the new info. It's over rippleboi.

>>25073969
https://www.investopedia.com/ask/answers/08/unregistered-securities.asp
>"Only qualified investors, or individuals who have a net worth of at least one million dollars or an annual income in excess of $200,000, are able to buy and sell unregistered securities."
>>We allege that Ripple, Larsen, and Garlinghouse failed to register their ongoing offer and sale of billions of XRP to RETAIL INVESTORS, which deprived potential purchasers of adequate disclosures about XRP and Ripple’s business and other important long-standing protections that are fundamental to our robust public market system.”

>>25074139
Lol... imagine missing on XRP.

>>25074248
>buy what the SEC is about to crush
Never change /biz/.

>>25074289
About to crush? Stop projecting your fantasies into biz. Ripple will destroy the SEC. Remember this words: the bounce will be legendary.

>>25073222
checked but ultra weak

$2000 EOY

>>25073343
Trump admin is going to seize control of ripple you're saying? As part of new financial reset/gold switch etc? Sorry your wording was a bit confusing for me.

>>25072954
all this FUD over 700k lawsuit?

>>25072954
>>25073292
>>25074220
Here is the thing... The banksters that run this world think that if you have weak hands you deserve to be poor. They think that if you get liquidated then it is your fault.

This is even after the market makers, who know where your stops are, go stop hunting. They can hunt your stops but you can't hunt there. Banksters are continually being declared as operating as part of a criminal enterprise for price fixing, spoofing, and stop hunting.

I don't mind the rich, in fact, I want to be rich. But I wish all bankers had one neck so I could hang them with one rope.

This was purely a manufactured dump so they could buy the dip, probably on margin as well. Its all theater.

>>25073343
Agree with it all actually, unsure about the whole acquiring ripple part, but considering ripple said they would go for China if this happens it makes sense

>>25072954
LMAO cope. Should have bought RSR instead of this outdated, centralized shit.

>>25074430
wtf even is xrp ?????

>>25075214
Unironically the next big thing.

>>25075279
>>25075279
no

SEC has no case, they say investors thought that they were getting shares in Ripple. noone thought that though. bounce will be LEGENDARY but it could easily go to 10c before ruling.

>>25072954
Who cares. We all saw this coming. Don't let them shake you out of your DMG.

>>25075672
>sub $.25
>again
I can only cum so much