R.I.P to ripple

[Anonymous No.7308135]

Only going down from here. Get out now.

[Anonymous No.7308249]

>>7308135
It's marching in lock step with BTC. It's actually a base 10 multiple of it too. As soon as more XRP/USD trading pairs are added on large exchanges watch out. It's also hilarious how the point of XRP is to speed up banking and people are bitching about bank transfers to exchanges take too long. It's like no shit thus XRP.

[Anonymous No.7308269]

>>7308249

[Anonymous No.7308414]

>>7308249
ripple is kill because the 'bank deals' are bs. Its a scamcoin based on muh banks with no evidence meanwhile chainlink are partnered with swift

[Anonymous No.7308440]

>most scaleable high market cap coin with lowest fees
>genuine partnerships that will pilot it as per its intended use case (MoneyGram)
>many exchanges climbing over themselves to list it versus fiat
>multinational company working to push its institutional use
>clear plan for decentralization this year

Hurr durr this coin is crap and going to fail

[Anonymous No.7308479]

>>7308440
>most scaleable high market cap coin with lowest fees
ST
>genuine partnerships that will pilot it as per its intended use case (MoneyGram)
EL
>many exchanges climbing over themselves to list it versus fiat
LA
>multinational company working to push its institutional use
R, YO
>clear plan for decentralization this year
U FAGGOT

[Anonymous No.7308539]

Still buying.

[Anonymous No.7308563]

>>7308414
>Ripple: Nicolas Palacios, CFO of @Cuallix, shared with our team: “We ran the costs on our end and see that this is 1000 percent more efficient than what we’re doing now. The xRapid pilots all went perfectly.”

>chainlink are partnered with swift

HAHAHAHAHAHA. He gave them a talk and they offered him a gig as their bathroom attendant.

[Anonymous No.7308598]

>>7308135
sell me your bags op

[Anonymous No.7308697]

>>7308598
gib bags mommy

[Anonymous No.7308893]

>>7308598

Holy shit

[Anonymous No.7308938]

Only if it drops below 50 cents. If that happens. When XRP drops below 50 cent, the hip-hop artist 50 cent will also die on the same exact day due to a natural occurrence. As long as XRP stays above 50 cents, have hope in XRP and the crypto market in general. When 50 cent falls...get out.

[Ripple Fundamentals No.7309180]

[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).