/biz/ - Business & Finance

[Anonymous No.8123972]

Coinbase will add ripple.
This will be announced on Tuesday at 5pm est live of CNBC
You have been warned

[Anonymous No.8124031]

It's too obvious.

don't believe in this bait.

[Anonymous No.8124752]

>buy my bags, i bought at 9000 sats

[Ripple Fundamentals No.8125745]

[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.8125779]

>>8125745
You okay buddy? Your keyboard broken?

[Anonymous No.8125812]

Congrats, you fomo'd into another PnD of this coin.

[Anonymous No.8125854]

What are the alternatives though? What else would they have a joint interview for?

[Anonymous No.8125883]

>>8123972
t. FOMO'd all-in at 9k sats based on rumors I read on /biz/ and now sweating

[Anonymous No.8125926]

>>8125812
>PnD
>3rd largest market cap.
Kys

[Anonymous No.8125950]

>>8125779
Never let anyone tell you you aren't infected with a virus

[Anonymous No.8126392]

nano is being listed, coinbase engineer here. Go see Zach Shapiro sucking Gary Tans dick on Twitter right now over San Fran housing market. Them 2 are making it obvious I'm not even scared to get in trouble. Fuckin buy before $40 WOW faggot. A gift for you biz, don't buy xrb, buy NANO wagecuckeroos

[Anonymous No.8126488]

we mooning boys

[Anonymous No.8126910]

>>8126392
>nano is being listed, coinbase engineer here. Go see Zach Shapiro sucking Gary Tans dick on Twitter right now over San Fran housing market.
link to twitter post
didn't see it

[Anonymous No.8127250]

>>8123972
>Buy my bags, the thread

Cripple isn't even a crypto currency, if you buy it you are literally retarded

[Anonymous No.8127685]

It's a fucking roundtable interview and they got the whole normie gang to ask questions.

Your bags are gonna dump when everyone finds out this is just another bullshit moneytalk interview about what crypto is and how these people participate in it .

[Anonymous No.8127716]

>>8127685
Who cares? Dump it right before, it's not getting listed. It's literally pumping again.