/biz/ - Business & Finance

[Anonymous No.7675061]

Ripple is changing the world as we speak while in the meantime you worry why after 145 days there is still no GitHub update on ChainLink.

Feels good to not be a pajeet.

[Anonymous No.7675091]

Who the fuck would buy Ripple?
This isn't even about money, it's simply the least cool fake crypto out there.

You're the shakey autistic nerd of the crypto world that no one likes.

[Anonymous No.7675104]

>>7675091
1.) The opening blocks are missing! 0 -32K (The transactions are still there, the ledger headers are missing)
2.) Ripple Network is Centralized! (No it isnt. Those people dont know how Nodes/Validators Work. Hint: Ripple 0.81)
3.) XRP Coin is Centralized! (Sort of, but ripple keeps it in escrow and its really no more centralized than BTC)
4.) Its not a real crypto! (Its premined and doesnt use POW/POS it uses a concensus algorithm, just as real as BTC/ETH)
5.) Its vulnerable to a 51% attack! (Yeah, so is democracy. The difference is that at 51% attack, the ledger would pause till validators/nodes chose other trusted nodes, BTC frex would just be f--ked)
6.) Its a Bank-sters coin! (Partly but generally we're more for large Financial institutions, including banks and multinational corps, trying to settle cross border payments)
7.) Banks will NEVER use XRP (They already use Ripple's services in which XRP aids in reducing costs even further, something some already do today)
8.) Whales control XRP (No, they dont. We've seen the ledger and who owns what)
9.) XRP will never be over $X because ther are too many coins/marketcap (XRP is trying to solve a Quadrillion $ (yearly) problem. the value of XRP can litterally be anything, no limits)

[Anonymous No.7675123]

I'm not saying Ripple won't be successful, but what I am saying is that Ripple won't make you gains.

That fucking supply, holy shit.

[Anonymous No.7675131]

>>7675061
>putting money into kike coin

[Anonymous No.7675139]

>>7675061
Thanks OP
Just bought 10k.
They seem to be VERY ACTIVE!
Good bet

[Anonymous No.7675189]

>>7675061
They aren't using GitHub you mong. They are using a private repo.

[Ripple Fundamentals No.7675237]

[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).

[Anonymous No.7675239]

>>7675104
Oh here he comes, Mr Copy & Paste from the other thread. Here to tell us why Ripple isn't a huge waste of money with his fancy graphic.

[Anonymous No.7675277]

>>7675237
does telling the truth cause physical pain to you kikes?

[Anonymous No.7675283]

scam, devs hold 50% of the supply, they will dump everything when the pump is priced to a desired amount
also it's centralized and it will never become people's currency, even if by some miracle it became useful for banks to transfer value they wouldn't be using overinflated tokens from exchanges, but create their own chain

[Anonymous No.7675359]

>>7675061
>ripple means I'm not a pajeet
toplel

>>7675104
XRP is like postage stamps. Do you want the gold bar? Or the postage stamp used to send a gold bar? XRP is postage stamps

[Anonymous No.7675435]

>>7675283
Yes mr business man. The world wants to know the common misinformations. Congratulations sir you are disabled.
Can you please elaborate your propagated view with more lies? Thanks sir.

[Anonymous No.7675506]

>>7675091
>shakek

Kek thanks for the raffs

[Anonymous No.7676269]

>>7675104
this is the dumbest thing that I have ever read on this board...perhaps even 4chan all-together. My only hope is that it is spill-over from reddit (I woulen't know; never been) and that your stupidity is not contagious.