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/biz/ - Business & Finance

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File: 32 KB, 696x449, ripple-696x449.jpg [View same] [iqdb] [saucenao] [google]
7060379 No.7060379 [Reply] [Original]

>Good news announced
>Nobody gave a shit

HAHAHAHA THE JEWS LOST

FUCK THIS COIN

>> No.7060404

The only worse shitcoin is trx hahahahahahahahahah

>> No.7060413
File: 294 KB, 1000x1554, DUN2QIzVQAAOTUS.jpg [View same] [iqdb] [saucenao] [google]
7060413

>>7060379
>tfw Kosher Koin is getting nipped in the dick by Stellar Snek

>> No.7060454

*yawn*
Ripple fud is so boring

>> No.7060475

xrp still most hated coin on /biz/
all of you reading this: you know what to do.....

>> No.7060523

>>7060475
sometimes we hate a coin for a good reason my dude

>> No.7060590

>>7060379

Thanks bought more.

>> No.7060594
File: 109 KB, 800x1132, DTpYx-mUMAE_5fJ.jpg [View same] [iqdb] [saucenao] [google]
7060594

>>7060475
Not everything is irrational fud and shilling anon, XRP being a shitcoin is essentially one of the only things I actually agree with /biz/ on.

>>7060454
>Does nothing
>Centralized
>High market cap
>Shilled by MSM
>Bunch of Jews involved
Yeah what a great fucking coin.

>> No.7060648
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
7060648

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

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

.
[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 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.

.
[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!!

.
[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

.
[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%

.
[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).

>> No.7060697

>>7060594
>Bunch of Jews involved
This alone should be reason enough for anyone to get their asses into this shitcoin. Why? (((They))) want to make money and if you're smart about it, you'll make some too. Eternal bagholders will of course be burnt, but this coin is perfect for trading.
>buy a few thousand coins for .2
>sell shortly before ath
It was that easy.

>> No.7060738

>>7060697
Thanks anon but I'd rather put my support behind XLM than let the chosen line their pockets with my shekels.

>> No.7060757

>>7060648
Stellar is better.

>> No.7060783

Fkkkkk this piece of shit coinnnnnn how the fuck does it not have a $2 bottom thinking about dumping it for trx

>> No.7060803

>>7060475
1k dollars at 0,2

the more biz hates this coin the more money I make. Tron will put my son's son through college. We'll have a ripple shrine at our garden that will be worshiped for my ancestors for aeons

>> No.7060829

>>7060648
holy shit the same copy pasta here for months now. SAD!

>> No.7060851

>>7060803
Ripple will dump their holdings as soon as this coin hits high price to maintain a "stable" value.

Instability in its own internal economy can't be good for the Ripple clients.

You will not make money off of this this year, or next year. Best bet is 300% gains in 5 years time.

Good luck.

>> No.7060941
File: 71 KB, 1024x613, ripple cost 4.png [View same] [iqdb] [saucenao] [google]
7060941

>>7060851
XRP is a main revenue source for Ripple Labs. The higher the price the more money they make.

High price > likely higher volume > less volatility > more cost savings with xRapid which uses XRP


1/10 attempt, pajeet.

>> No.7060984
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7060984

>>7060594

>> No.7060987
File: 237 KB, 1338x1358, ripple payment spec 3.png [View same] [iqdb] [saucenao] [google]
7060987

>>7060851
>Best bet is 300% gains in 5 years time.

your desperation and fear is showing. bcash bag holder?

Bitcoin's marketcap is not the ceiling. Ripple speaks to an industry worth trillions, not billions, and it will dominate p2p payments (pic related).

>> No.7060990

>>7060941
Higher price, higher fees. Big banks will go apeshit if the fees hit a cent higher.

Keep hodling your shitcoin bags, poorfag.

>> No.7061043

>>7060990
>Higher price, higher fees. Big banks will go apeshit if the fees hit a cent higher.


nope, it doesn't work like the proof-of-work shitcoin you are holding.

>> No.7061078

>>7060590
I bought more too, also filled up on BCC. Feels comfy, going to celebrate with a tall glass of paint

>> No.7061092
File: 35 KB, 408x450, 492.png [View same] [iqdb] [saucenao] [google]
7061092

>>7061043
>banks will go apeshit if they have to pay 1 cent more for a transactions that move millions of dollars

>> No.7061121

>>7060990
>higher price, higher fees.
Now we know your one of those btc purist nerds lol

>> No.7061138

>>7061092
meant this retard >>7060990

>> No.7061181

>>7061092
>>7061121
>>7061138

You guys think rich people are extravagant and careless about their money because they have a ton of them. It's actually the opposite.

The richer the person, the more stingy with money they become.

>> No.7061248

>>7061181
Which is exactly why xrp will attract them. This can save trillions of dollars in transactions fees in the long run.

>> No.7061288

>>7061248
They won't give anything back to you. They'll keep everything for themselves.

>> No.7061320
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7061320

>>7061288

>> No.7061333

>>7060648
My rule of thumb is whenever I see people clearly being payed shills / desperate spergs posting info dumps and copypasta I get the fuck out. Good things sell themselves they don't need anonymous link spammers

t. made a quick $300 with ripple and got the fuck out

>> No.7061397

>>7061288

banks that pass the savings to customers will have a competitive advantage, other banks will have to follow or go out of business.

>> No.7061455

>>7061333
Ripple had copypastas even when it was few cents. Lurk more, newfag.


>Good things sell themselves


yes, the average /biz/tard will definitely ignore all the FUD about Ripple in /biz/ and get his info directly from the official site.