/biz/ - Business & Finance

[Anonymous No.6410484]

Do you guys think XRP will hit its ATH again? Or will it continue to crash?

[Anonymous No.6410547]

$15 in feb

[Anonymous No.6410597]

>>6410484
It's been pretty stable around $2 for a day and a half. It's not crashing.

It will definitely hit, and then surpass its previous ATH. The question is when. I'd say by the end of February for sure.

Did you buy at ATH, OP? :DD

[Anonymous No.6410689]

>>6410484
If the past is any guide it will (and greatly surpass it), but it will take months or years and the timing will be completely nonsensical. I've been holding since $0.006 and I expect the journey to $10 to take forever and be maximally frustrating.

[Anonymous No.6410820]

>>6410547
That puts ripple 2x Bitcoin marketcap, cute

[Anonymous No.6410947]

>>6410820

>still regurgitating the market cap myth

Normiecoiner spotted

[Anonymous No.6410973]

>>6410947
>the market cap myth
the absolute STATE of brainwashed redditors

[Anonymous No.6411031]

>>6410820
Marketcap grew by 1600% in 2017 compared to 2016. It will grow even faster in 2018.

[Anonymous No.6411175]

>>6411031

What makes you say that?
What if xrp has hit its peak?

[Anonymous No.6411238]

>>6410820
btc market dominance went from 61% to 33% in a month

[Anonymous No.6411293]

>>6411175
XRP didn't even get started yet. It's literally one of the very, very, very few companies with a fully functional product. There are close to 2000 shitcoins now, and 97% of them are vaporware.

[Anonymous No.6411320]

So many cripple retards here...

[Anonymous No.6411321]

$1 billion per XRP EOM.

[Anonymous No.6411349]

xrp is already over btc marketcap if you take into account all the shitcoins in ripple's possession that they promised to release in an "indicative and discretionary" manner

> happy bags, now youre at the hands of jews. next time buy XLM which is better than cripple in every single way + it's decentralized + it's non-profit

[Anonymous No.6411393]

>>6410947
>>6411031
>>6411238
Doesn't refute anything he said. Now fuck off back to Twitter! #XRPthestandard :DDDDDDDDDDDDD

[Anonymous No.6411406]

>>6410820
>>6410973

>Huuuur only one coin can go up at a time
>Huuuuuur

See, you thought you were clever and now your realise how fucking stupid you sound. These coins don't exist in a vacuum.

Brainlets

[Anonymous No.6411453]

>>6411406
Unlike crypto currency which anyone can mine, XRP was unironically created in a vacuum.

[Anonymous No.6411482]

>>6410484
m8 this is a long hodl. will be one of the only survivors of the crypto bubble in that it's gonna be the one that the establishment coopts long term

maybe $10 at the end of the year assuming crypto continues growing

[Anonymous No.6411563]

Bought in at 23 cents and 27 cents, you never lose when you side with the jews.

[Anonymous No.6411606]

>>6410973
Market cap grows, you absolute fuckwit. How fucking brain damaged can you be to think

>That puts ripple 2x Bitcoin marketcap

is an actual argument? Why are you acting like market cap can't grow? Why are you pretending that crypto isn't in its infancy still?

Why are you accusing me of being a brainwashed redditor when you clearly know fuck all about what you're talking about?

>the absolute STATE of /biz/ retards

[Anonymous No.6411673]

>>6411606
I think it has to do with the fact that XRP isn't a crypto currency and only retards from Twitter bought into it. While BTC and BCH people might actually fight each other irl, both will literally gas all XRP kikes.

[Anonymous No.6411711]

>>6411606
One word.
Red. Dit.

[Anonymous No.6411741]

hehehuehueuhuu market cap useless..........hahahhheueeuehehheehhehe

[Anonymous No.6411810]

>>6411711

not an argument, buddy

[Anonymous No.6411811]

>>6410484
There is still more big partnerships to be announced at the end of Jan apparently.

[Anonymous No.6411846]

>>6411811

Might give it the boost it needs to escape all these sell walls.

[Anonymous No.6411925]

>>6411741

Yeah I'm gonna need you to explain why the current market cap means it can't possibly grow in the future.

Gonna wait here.

[Anonymous No.6411939]

>>6410547
Ridiculous

>>6410484
It was due for a pretty big correction. I'm pretty certain it's going to climb back up to where it was, just don't expect it to do so overnight.

[Anonymous No.6411950]

>>6410484
>Falling for (((Ripple)))
Very nice, don't forget to collect your custom Menorah as soon as you cash out

[Anonymous No.6412014]

So what is it, /biz/?

Buy more or sell?

[Anonymous No.6412057]

>>6412014

Buy and hodl. You're welcome.

[Anonymous No.6412069]

>>6411925
see >>6411673

[Anonymous No.6412108]

>>6412069

Do you unironically think XRP is only being bought by single moms and niggers on Twitter?

[Anonymous No.6412111]

>>6412069
Quite to the literal definition of wasn't even an argument

[Anonymous No.6412164]

>>6412111

XRP fudsters don't even seem to try any more...

[Anonymous No.6412180]

>>6412014
But under $2. You'll likely be at $5 by the middle of 2018 at the latest. Easy doubling, but far from a moon mission.

[Anonymous No.6412197]

>>6412164
Sorry man, it's all I've got..

Really bored tonight and I'm just trying to get my points to stay in this shill discord truth be told.

[Anonymous No.6412218]

>>6412197

I was referring to the guy you responded to lmao

[Anonymous No.6412240]

>>6412218
I don't even understand what I read, I'm just a pajeet in the end

[Anonymous No.6412308]

>>6410947
LMAO seriously bro, youre in the wrong place if you think market cap doesn't matter. Or better yet, youre in the right place as you get dumped the fuck on.

The only people who say market cap doesn't matter are the ones who have the marjority of their portfolio in the top 10. AKA minimal gains.

[Anonymous No.6412322]

>>6412108
No, there is no shortage of retards to buy shit they believe will make them rich in a hurry. Actually what am I saying, you've run out of retards to buy. Which is why this thread exists. Institutions don't buy, they get their supply from Ripple Labs directly. Enjoy your Chuck E Cheese bags!

[Anonymous No.6412358]

green ids are now gonna make it

[Anonymous No.6412396]

>>6412308

I never said that market cap doesn't matter at all.

My point is saying "muh current market cap" to argue that the market cap can't increase and the price cannot go up in the future is incorrect and just plain retarded.

[Anonymous No.6412410]

>>6412197
>shill discord
Gonna be honest, Ive given up aye. I dont think it gives much of an advantage.

Sold my UFR at a lose but im not even phased, Im done with shitcoins.

There looks like there is whale waiting for you guys but everyone is so resilient to sell.

[Anonymous No.6412419]

>>6411238
It's now below a third, and will probably stay that way.

[Anonymous No.6412444]

>>6412180

Is that assuming that XRP gets added to coinbase?

Ignoring all the arguments from XRP-buyers about how XRP has real world uses, I can see XRP becoming a reserve-crypto if it gets sold on coinbase.

1) Normies would feel a lot more comfortable buying a $2-3 crypto than a $100+ crypto.
2) The transaction costs would also play into XRP's favor.

[Anonymous No.6412448]

>>6412419
it's going to zero, it has no use

[Anonymous No.6412566]

>>6412448

Bitcoin and Ethereum get their values by being reserve currencies.
Most traders buy them on coinbase and transfer them to exchanges like Binance to buy other types of coins.

This is why ethereum and bitcoin have jumped so much in value.
If XRP does end up replacing both of them as the reserve currency, both those currencies will be crushed.

[Anonymous No.6412574]

>>6412410
That discord was a pretty obvious scam to be honest- at least from what I learned when I was there.

Not sure how long I want to stay in the Crypto game myself, I'm in the top coins only, ETH, LTC, XLM & XRP. I'm holding until I'm over 10 grand so I can go and do my own little thing. I'm a cheap bastard so the gains are good enough for me. Just going to hold through the year and see what happens.

3 LTC, 3 ETH, 120 XLM & 64 XRP are my holdings

[Anonymous No.6412576]

>>6412448
If you truly believe a useless shitcoin made it to 2nd place then your opinion of crypto, in general, must be very low. Of course, there's nothing wrong with that, other than the fact you're mostly like invested in crypto yourself

[Anonymous No.6412665]

>>6412444
NOT A CRYPTO CURRENCY

It's really that simple.

[Anonymous No.6412775]

Ripple is Vapor Ware. Banks have been "trying it out" for 5 years to make themselves feel "modern and hip."

Note: No banks actually use XRP in a meaningful way, and never will.

The top is in. When a bear market hits all of crypto Ripple will be below 1 cent again and go bankrupt as well

[Anonymous No.6412802]

>>6412574
>Obvious scam
It certainly started to feel that way.

Your portfolio definitely looks like it will keep you up. The only "shitcoins" I'm investing in are ones that I've looked at and truly believe in such as HST and COSS, I can see a future with them. Trying to currently sell off my PFR because I feel like although it's a good concept, the devs don't look like they can pull it off.

[Anonymous No.6412804]

>>6412665

Ok, let's stop right there for a minute.

Do you think even 1% of crypto owners give a rat's ass about the technology behind them? Do you think they even care about real world uses of the currency?

The only thing on their minds is which currency has the potential to earn them good yields.

Bitcoin and Ethereum derive most of their values by being defacto reserve currencies to exchange with other cryptos, not due to some "practical use".

I don't agree with many XRP buyers that real world application is what will set XRP apart from the other cryptos. I think what will set XRP apart is the possibility that it'll become the defacto new reserve currency to exchange cryptos.

[Anonymous No.6412919]

>>6412576
XRP has literally pumped to 2nd place like 3 times at least in the past.

Stupid niggers get hype because they see that XRP = faster than everything on the market. Well shit nigger! It must be the future, why am I holding all this other shit! XRP proceeds to find a new high while Ripple Labs, its creators and any partners who got XRP for free as well dump on retards who thought they were buying into the ground floor of some new revolutionary tech. It usually isn't until around -50% that people read more about and realize they've been duped into buying a centralized shit token that doesn't even meet the most basic requirements for crypto currency.

>>6412804
Yes, yes I do. Pigs get slaughtered for a reason. Long term, hell even short term. XRP does not compete with decentralized platforms/economies.

[Anonymous No.6412964]

>>6412804
this is lunancy

the world isn't going to put their money in a coin where the jews of the organization premined the coins and still have like 55% of the wealth

You think the world is going to hand its wealth to a few select Jews voluntarily?

Anyone that is stupid enough to do this has already done it.

The top is in.

[Anonymous No.6413027]

>>6412964

Again, no one cares who owns XRP.
Transaction cost and speed will play into its favor.

[Anonymous No.6413044]

>>6412775

>No banks actually use XRP in a meaningful way, and never will

Wow lol. Hey guys never take advice from this guy he doesn't know what he's talking about at all.

[Anonymous No.6413106]

>>6413027
Intelligent people do. You're probably not aware of this, but there is a shit load of business that is conducted on blockchains with more and more starting or transitioning by the day. People who understand this stuff see XRP for what it is and aren't interested in buying tokens that don't have anything to do with decentralized economies.

[Anonymous No.6413268]

>>6413027
yeah you are thinking and acting like a poor person trying to get rich

try imagining if you are already rich.

imagine you have 3 million dollars, what do you do? There is no way you are deposit 3 million dollars in to Ripple (if you aren't stupid). You are not a shareholder of Ripple. There is no contract law protecting you from the actions of this company.

Literally why would you do this?

Decentralized crypto-currencies have no owners/shareholders, and so their token is essentially like a share in the overall network value.

Ripple does not meet these requirements.

[Anonymous No.6413348]

>>6413268
What makes you pump ethereum? You are just getting the founder even richer.

[Anonymous No.6413414]

>>6413268

It doesn't have to meet your requirements to be a good investment. It doesn't have to be decentralized to make you a fuck ton of money.

Granted, MOST millionaire investors probably won't throw money into XRP, but you can bet your ass new-money millionaires with tech fetishes would be willing to sink in that amount.

[Anonymous No.6413500]

>>6413414
>MOST millionaire investors probably won't throw money into XRP

but XRP will become the world reserve currency?

>>6413348
Vitalik doesn't have 55% of ethereum

look even Satoshi's million bitcoins is unsustainable, its just that he's presumed dead or those coins are presumed to be burned, etc.. If those coins move it would probably kill btc

[Anonymous No.6413541]

Buy KO (Coca Cola) at $46 a share.
>Buffet bought in at $16 a share
>Board got in at $6 a share
>Founders family basis is $0.10 a share
These people and institutions control 95% of the stock.

You as an individual shareholder have no rights, because the others can take them away anytime, and furthermore you buying more is just making these people even richer. Compare to Ripple and tell me there is a difference?

[Anonymous No.6413549]

>>6413500

>but XRP will become the world reserve currency?

I don't think it will, so no point trying to arguing that with me. But I think XRP's price will go up and make a lot of people richer.

[Anonymous No.6413823]

>>6410484
When CNBC starts dumping bags on you, it's over.

[Anonymous No.6413875]

>>6413541
There is no difference


That is why Ripple is not a part of the new paradigm

[Anonymous No.6413964]

>>6413541
>shareholders have no rights
https://www.investopedia.com/articles/01/050201.asp

No faggot, XRP holders have no rights.

[Anonymous No.6414046]

fact is nobody really knows for sure. Ripple is as normie as it gets, at the same time if you're purely rational and look at it objectively, Ripple is also the symbol of the full acceptance of cryptocurrency into the culture at large.

I think 15 dollars is fucking conservative for what Ripple will eventually hit. All the talk about Ripple just being "transfer between banks" is fucking bullshit. Ripple is a genuine competitor for Bitcoin's title and it's something people literally want to own and use.

Crypto is here for good. Bitcoin might have reached it's peak. The Alt-Coins are only just in competition, but we don't even know how the "CRYPTO" world is going to function in 10 years. Or even one year. More and more of these coins will be accepted by major retailers as people recognize their utility (why the fuck would you want a fucking bank to take care of your money for you?).

Yeah there is contradiction there. I understand that Ripple isn't a hard-crypto. It COULD become a halfway point between hard-crypto and fagmoney like the USD, but for now it's more of a tool for financial institutions.

That said, so long as crypto becomes more accepted by the mainstream, Ripple is it's Trojan flag. Ripple is a fucking army storming the castle disguised as a fucking peasant.

All in all, all I can say is that I do think the likelihood of a massive gain is high, it's not certain though. Anything can happen. I think it's likely.

[Anonymous No.6414115]

>>6414046
XRP isn't a crypto.

[Anonymous No.6414200]

>>6414046
>Ripple is a fucking army storming the castle disguised as a fucking peasant.

This is why the only coin I hold is XRP.

[Anonymous No.6414343]

>>6413875

Can you tell us how cryptokitties fit into the new paradaigm? I had to use ETH to transfer money about a week ago and it took 4 hours.

[Anonymous No.6414664]

There WAS always going to be a Ripple XRP in the crytposphere, there always WILL be banks and centralisation, hop on or cry later.

[Anonymous No.6414781]

>>6411321
XRP will overtake Bitcoin in a month, 15-20$ eoy. Screencap this cucks

[Anonymous No.6414817]

>>6414781
Why not a billion $ EOY?

[Anonymous No.6414864]

>>6414664

This.

>B-b-but muh principles, muh decentralization

Daily reminder that you're not a hero for missing out on gains by being a hypocritical ideologue.

Virtually everyone criticizing XRP for being antithetical to crypto would not hesitate to cash out into fiat if their portfolio suddenly hit millions.

[Anonymous No.6414883]

>>6411673
Bitcoin reaches 20,000$ with little publicity and nothing but governemnt disaproval. How the fuck can you not expect ripple to easily crush this amount given the support its receiving?? I think you all forget that bitcoin was stuck bellow 5$ for years, give ripple a month then youll see.

[Anonymous No.6414887]

>>6414817
because having 300b would be too optimistic even for crypto

[Anonymous No.6414921]

Save me Ripple!

[Anonymous No.6414942]

>sell 1 bch for 0.165 btc
>short XRP with all that btc
>XRP goes down, i'm up to 0.185
>bch is 0.189

WELP
was better off just holding instead of trying to get ahead
when will i learn?

[Anonymous No.6414984]

>>6414883
Its got all its support from stupid Twitter niggers trying to get rich quick. Nobody in this space is actually interested in XRP. It's not a crypto.

[Anonymous No.6415048]

>>6414817
Not this year or next, but eventually.

[Anonymous No.6415156]

>>6414984
Can you not see the similarities between the doubt or bitcoin and now the doubt of ripple?! I feel like im taking fucking crazy pills youve got a coin sitting below 5$ with potential to go above 20,000$. It's already half of bitcoins market cap it can easily reach it and we'll see a 20,000$ xrp this year. Screencap this

[Anonymous No.6415213]

>>6415156
XRP is just a centralized database. It's no more impressive than Visa. Which is why its transaction fees and lead times are unimpressive, they're actually pathetic for a centralized system.

[Anonymous No.6415241]

>>6415156

Alright I think that's very overambitious. This is where market cap comes into play. I would love 20k per XRP but I think that's mighty unrealistic.

[Anonymous No.6415386]

>>6415241
People like you have been saying this shit since the dawn of time, youve got the next bitcoin staring you in the face and you still doubt it.

Peace yall im out, obvs cant get through to anyone on this sub.

[Anonymous No.6415441]

>>6415386

By market cap I meant supply, sorry. As you can easily see, the supply of XRP is WAY higher than the supply of BTC. XRP just can't be as expensive as BTC at the same market cap, that's just how numbers work senpai.

I'm not FUDing XRP here, XRP makes up most of my portfolio. Don't get me wrong I would love for XRP to reach those heights, I'm just trying to be levelheaded about it.

[Anonymous No.6415447]

>>6415386
Not a crypto. Learn wtf a blockchain is and how mining works to validate/secure transactions and the network. That's your homework.

[Anonymous No.6415489]

>>6415441
That dude's trolling. Don't waste your keystrokes.

[Anonymous No.6416309]

>>6414115
>Uses Public and Private Key pairs for wallet
>not crypto

pick one

[Anonymous No.6416411]

>>6414343
Hell no

EOS is the future
https://www.youtube.com/watch?v=FEl0-zpXVyw

[Anonymous No.6416440]

>>6416309
>PGP is now crypto currency

[Anonymous No.6416475]

What is the market cap of the US dollar?
What about the pound or the Euro?

People don't think of currency by market cap they think of stocks. Crypto is a currency not a stock.

[Anonymous No.6416541]

>>6415386
>on this sub

pretty sure it wasn't a troll too

[Anonymous No.6416593]

>>6416475
>What is the market cap of the US dollar?
$61.9 trillion

[Anonymous No.6417282]

>>6416593
definitely past its ath