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/biz/ - Business & Finance

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6229726 No.6229726 [Reply] [Original]

"B-b-but banks won't use XRP!"

BTFO.

>> No.6229783

>>6229726
no banks will, and do, use XRP - and that is the prpoblem.

Banks won't use something that is very volatile and would do everything in their power to stabilise it.

ain't no one making gains on flat lines

>> No.6229820
File: 76 KB, 638x359, ripple.png [View same] [iqdb] [saucenao] [google]
6229820

>>6229783
Are you retarded, anon? Or do you revel in the self-awareness of your own stupidity?

https://www.businessinsider.com.au/ripple-the-company-behind-cryptocurrency-xrp-is-betting-big-on-asia-2018-1

>> No.6230109

Look at all the liars on this board, lying about XRP because they're jelly that the banks and government made the best coin and it's going to $50 Trillion and their play toicoins are not going to be used as real man's money.

>> No.6230211
File: 83 KB, 750x724, 1513807691864.jpg [View same] [iqdb] [saucenao] [google]
6230211

>>6229726
>Siam Bank in Thailand and Axis Bank in India
>neither bank responded to messages

>> No.6230430

>>6229726

Ripple will be a winner. I don't understand this crusade some idiots have based on "muh I don't want banks in muh crypto".

The real killer app for crypto is the blockchain, not decentralization. Invest in things the blockchain can work on. The rest doesn't matter.

Also, the market is going to do what the market is going to do and you choosing not to invest your little $1k in Ripple doesn't matter in the grand scheme of things. However, it can matter to YOU when you turn that into $20k by EOY.

>> No.6230545

Fuck all the FUD. Ripple is great and XRP will moon. 2018 is gonna be amazing.

>> No.6230840

>>6230430
>The real killer app for crypto is the blockchain, not decentralization
this is the most retarded thing i've read on /biz/ this year
do you even think for yourself or do you just parrot what you hear other people say?

>> No.6230959
File: 47 KB, 1218x1034, 1514819631773.png [View same] [iqdb] [saucenao] [google]
6230959

>>6230430
kek.

>> No.6231160

>>6229820
lol, OMG will absolutely dominate shit cripple in Asia

>> No.6231369

>>6229726
Rule number 1: Never listen to /biz/ and their fud.

Of course XRP will be a major player in the future together with BTC, ETH and LTC

>> No.6231414

>>6229783
the banks can set the value of their XRP to whatever they want. There is no volatility on their end.

>> No.6231517

>>6229726
>it's in print it must be true even if it doesn't match reality
I bet you believe everything in the Bible too.

>> No.6231695

>>6231160
u = retard, k? kys

>> No.6231916

>>6229783
Ignore the mad bitcoiner. Everytime BTC goes down, Ripple gets shit on. Ripple will moon again.

>> No.6232342

>>6229726
>Thailand
>India
>PAJEETcoin confirmed

>> No.6232552

>>6231369
I see what you did there

>> No.6232909
File: 124 KB, 951x972, Normalfags.jpg [View same] [iqdb] [saucenao] [google]
6232909

>>6229726
I don't give a shit what banks are doing. Banks don't serve a purpose anymore. Read a whitepaper newfag.

>> No.6233001
File: 79 KB, 1085x741, 1515111207628.jpg [View same] [iqdb] [saucenao] [google]
6233001

>>6230430
>The real killer app for crypto is the blockchain, not decentralization

pls stay on twitter, we've suffered enough newfag migration.

>> No.6233043
File: 90 KB, 720x774, kelly.jpg [View same] [iqdb] [saucenao] [google]
6233043

I dont care if I serve the Jews, I care about making money

>> No.6233311

>>6233043
u deserve to lose

already lost your soul

rip

>> No.6233458

>>6232552

> Lol white paper

Fuck whitepapers. I'm looking at where the billionaires and trillionaires are putting their GREEN papers, and that's where I'm putting my money. XRP.

>> No.6233622
File: 3.07 MB, 4032x3024, 1515041993890.jpg [View same] [iqdb] [saucenao] [google]
6233622

>>6233458
>thinks they are buying XRP and aren't just given a shit load by Ripple Labs to dump on the market when any deals are reached

Deluded retard, go back to Twitter.

>> No.6234189

>>6229783

>article literally says they are using XRP
>"banks aren't using XRP"

You are one fantastically retarded motherfucker, aren't you...

>> No.6234456

this was a cross thread but honestly you guys seem confused
>>6202973
no I mean decentralized.

Ripple is not centralized. there is no central hub. There are many hubs that keep and verify the data.

Ripple can not add more coins in the future, either. That would not be possible with how their blockchain tech works.

>> No.6235012

>>6234456
Since hubs are so centralized they can be compelled by court order to change to alter blockchain.

When that happens Ripple is forked and it’s basically garbage.

>> No.6235190

>>6234456
>"trusted" 3rd parties who validate transactions could never be compromised by nepotism

Why do you faggots love banker cock so much, was 2008 really that fun for you guys?

>> No.6235285

>>6235190
>2008

You mean when GOVERNMENT forced banks to make loans to unqualified buyers?

>> No.6235293

>>6235190
Ripple has no mechanism to deal with forks. Once it’s forked then there’s no returning to a consensus., the blockchains separate forever.

>> No.6235517

>>6235285
>wouldn't be the same governments this time around
>implying banks aren't the regulators
>implying they cared about risk because they were insured by the tax payer against their will

>>6235293
Yeah and any validator not "on the level" will be forked. Only 55 are trusted and they're all picked by Ripple Labs. I'm sure this is totally fine. This isn't how high level collusion works at all!

>> No.6235764

>>6230430
>ripple
>another 2000%
Oh i'm laffin

>> No.6236513

PoS tokens make the owners rich and hold a majority of voting power, is that what you want to invest in?