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/biz/ - Business & Finance


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5617277 No.5617277 [Reply] [Original]

Is it too late to buy ripple?

>> No.5617292

>>5617277
yes

>> No.5617319
File: 63 KB, 949x561, sun ripple.png [View same] [iqdb] [saucenao] [google]
5617319

>every magazine/newpasper is featuring it
>exchanges are reporting 100k signups per day
>there are millions of people waiting to get verified and jump in
>he stills asks "is it too late to buy ripple?"
>will he ever make money?

>> No.5617324
File: 214 KB, 800x506, ripple-chan_s.jpg [View same] [iqdb] [saucenao] [google]
5617324

probably idk

>> No.5617334

>>5617277
Buy xlm

>> No.5617347
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
5617347

Ripple 101
--------------

-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.

..
-The software is open-source (Stellar was a fork of Ripple).

>> No.5617375

Never late to buy XLM, fuck the bankers' coin.

>> No.5617391

>>5617334
I don't even know what that is?

>>5617319
I did post the brainlet picture.

I currently have btc on gdax. What is the best way to buy ripple without paying $50 to transfer $100?

>> No.5617423

>>5617277
Its not too late if you can get your coins before all the other, “millions of people waiting to get verified and jump in”

>> No.5617457

>>5617347
>Ripple is more decentralized than Bitcoin.
That's where you fucked up.

>> No.5617488
File: 4 KB, 225x225, 1510172481576.png [View same] [iqdb] [saucenao] [google]
5617488

>>5617277
>XRP hits $5
>is it too late to buy ripple?
>XRP hits $10
>is it too late to buy ripple?

>> No.5617509

>>5617277
Of course not. It just took over ETH for #2 market cap. It's literally going to be the new BTC one day.

>> No.5617528

>>5617277
has it reach 5 dollars
no
its still not late enough

>> No.5617535
File: 38 KB, 750x671, vamsxjlrqx601.jpg [View same] [iqdb] [saucenao] [google]
5617535

yes

>> No.5617638

>>5617535
What does your image mean?

>> No.5617754

>>5617347
>There's a fixed supply
>.00001 xrp is destroyed every transaction
This sounds like a bad plan

>> No.5617909

>>5617754
effect is negligible. transaction cost is small and supply is 100 billion xrp.

>> No.5617995

>>5617391
Can someone answer this?

I don't want the moon mission to leave our solar system without me

>> No.5618032

>>5617535
lulz

this will be painful

>> No.5618105

Buy stellar lumens instead

or zclassic

>> No.5618150

>>5617277
for this moon? Yes.

But we'll see insane profits when ripple comes to coinbase/amazon.

>> No.5618195

>>5618150
I don't see Amazon taking crypto for a while

>> No.5618215
File: 21 KB, 224x418, calc_2017-12-29_16-38-37.png [View same] [iqdb] [saucenao] [google]
5618215

>>5617754
If 1500 XRP transactions are conducted every second, every minute, every hour, every day of the entire year, at 0.00001 destroyed tx fee, that means 473040 Ripple are destroyed a year. It will take 579.1742828084856 years to destroy all Ripple.

>> No.5618232

>>5618195
Why not? Overstock.com takes bitcoin right now.

>> No.5618298

JUST FUCKING BROKE 15000SATS ON BINANCE

TO THE FUCKING MOON!!!

>> No.5618357

>>5618232
No company wants to sell a tv for $500 and then have the currency dip the next day making it so that they sold the tv for $350

>> No.5618382

>>5618298
How do I buy xrp on binance?

>> No.5618427
File: 6 KB, 221x250, 1505879896669s.jpg [View same] [iqdb] [saucenao] [google]
5618427

>>5617535
Please explain.

>> No.5618432

>>5618382
buy ethereum on coinbase or gdax, send to binance, buy xrp.

>> No.5618493

Don't buy at an ath.

>> No.5618503

>>5618432
Thank you

>> No.5618533

HOLY FUCK CAN WE BREAK 16000?

>> No.5618554

>>5618493
Ath is tomorrow's floor

>> No.5618573

>>5618533
16200 on binance

>> No.5618584

>>5618554
People bought BTC at $19k

>> No.5618620

Is there a way on binance to set it up so it will sell if it falls to 15000, then buy back in if it goes below 13000?

>> No.5618629

>>5618584
Next months floor

>> No.5618711

>>5618629
!RemindMe 1 month

Lets see who is right in 1 month time. I shall show you the way of Rick and Morty. I have an high IQ of them all.

>> No.5618715
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5618715

>>5617535
kek

>> No.5618777
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5618777

>>5618715

>> No.5618800

>>5617535
Well, what does it prove? Shills are saying it's transfer to coinbase because they are adding it. Fudsters say it's some guy who intends to just drop it on the market.
If there is one thing I learned, it's that /biz/ has no fucking clue about the crypto business and there is no telling how the market will react, and you can't even trust anybody here to not have some hidden agenda, trying to manipulate other anons into losing money.

>> No.5618806

>>5617535
ripple confirmed one way ticket to pluto

>> No.5618846

>>5618620
stop limit sell order at 15000
and buy order at 13000

>> No.5618936

>>5618711
My dad works for bitcoin

>> No.5619591
File: 236 KB, 304x503, 9MPTUel.gif [View same] [iqdb] [saucenao] [google]
5619591

CAN WE DO 17000?

>> No.5620042

>>5617995
I thought gdax had free BTC transactions

>> No.5620323
File: 105 KB, 720x1280, 1506786844849.png [View same] [iqdb] [saucenao] [google]
5620323

>>5618554
>ATH is tomorrow's floor

>> No.5620411

I just lost $100 because Binance is so fucking slow and non-responsive. I'm done watching it.