What happened XRP bagholders?

[Anonymous No.7012019]

>XRP will pump 50%
>muh Greg Kidd 57.5M investment
>good luck catching the pump by looking at charts

[Ripple Fundamentals No.7012115]

[Performance]
-Ripple processes 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

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[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

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[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP for in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

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[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

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[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

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[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

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[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

[Anonymous No.7012165]

>>7012019
I'm fine. I've been holding since $0.006. I deeply regret selling 15,000 XRP at $0.33 but I still have 137,000 XRP left so I guess I'll be ok.

[Anonymous No.7012300]

>>7012115
>b-but the fundamentals

>>7012165
>b-but muh house money fallacy

[Anonymous No.7012308]

>>7012019

I set alarms, if it raises 15% I'll FOMO in with stop-limits. Most likely if it goes up 15% it will keep going to 40-50%

[Anonymous No.7012676]

>>7012115
hvy bags so heavy and topped with stale pasta

[Anonymous No.7012795]

>>7012676
bought at 20 cents. sold 30% at $2.8, bought the dip again at $1.

wouldn't be posting this pasta if people weren't spreading misinformation every time Ripple is mentioned.

[Anonymous No.7012834]

>>7012019
>tfw XLM is burying XRP in a shallow grave out behind a shed

[Anonymous No.7013669]

>>7012834
Why does biz suck so fucking hard? Jesus christ. Ripple may or may not work but at least it's a real project. Of course you guys would eschew that and hop right on Jed's pump n dump. Are you just sadistic trolls trying to steer normies into the rocks?