/biz/ - Business & Finance

[Anonymous No.5622244]

Was ripple the suicide bomber that just killed crypto?

[Anonymous No.5622296]

>>5622244
Hahaha. I don't think I've wanted to see a (((crypto))) die as much as XRP.

Premined non-crypto coin has no business in this space. Ripple tech doesn't even need it to function yet here we are.

[Anonymous No.5622304]

>>5622244
Nope, it's just that bitcoin is now an altcoin and you're going to be buying alts with xrp from now on. We don't use sats anymore, we measure in drops. Good luck!

[Anonymous No.5622330]

>>5622296
cry more, faggot. and neck yourself while you're at it, because you will never ever make it. NEVER EVER.

[Anonymous No.5622352]

Say it with me

>8K
>8K
>8K

[Anonymous No.5622358]

It will dethrone Bitcoin in 2018. Bitcoin is dying. Merchants are dropping it and no one using it for payments anymore. It's nothing but a speculative bubble now. PoW is a broken garbage that relies on inflation or outrageous fees.

.
XRP will actually be used in real world. It will penetrate markets measured in trillions, not billions.

[Anonymous No.5622397]

>>5622330
kys

[Anonymous No.5622409]

>>5622296
educate yourself

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 (e.g., Amex, Santander, ..) and expanding XRP's marketshare.


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

[Anonymous No.5622550]

>>5622244
ripple is the biggest p&d in crypto history, i just found out about it when some pajeet posted this discord group, looks like they are the ones keeping xrp at such highs... see for yourselves and get out while u can: https://discord.gg/h9jEZK6

[Anonymous No.5622582]

>>5622397
die poor

[Anonymous No.5622603]

>>5622358
Bitcoin Cash

[Anonymous No.5622651]

>>5622330
Bags are Heavy
Mom's Spaghetti
Get Wrecked Already

[Anonymous No.5622686]

>>5622651
Don't know what you're talking about, made a shit ton selling this today. Probably more than you made all year gambling on scamcoins. Sorry faggot, but you'll die poor.

[Anonymous No.5622699]

>>5622330
People like you are such shortsighted dumbfucks. If Ripple succeeds the whole thing is done. It's a coin that's owned by fucking banks.

[Anonymous No.5622703]

25xrp to move out of the wallet, correct? so thats like 50 bucks right now, ye...fuck off i rather stick with bitcoin than use shitty ripple

[Anonymous No.5622749]

>>5622651
Bought the dip then crashed the whip
It was all fun til I ended up like Ryan Dunn.

[Anonymous No.5623029]

>>5622550
the pajeets were shilling this pnd for the last 3 days