Ok Buttcoiners and other XRP haters, it’s time to set some shit straight. Your “decentralization” fantasies are just that: fantasies.
This is a bankers world. Big money always wins. XXXXcoin is never going to usurp the financial system. Get that through your thick fucking skulls. If the big dogs think for one second that the crypto market is a threat to their system they will crash the fucker to oblivion. You are dealing with people who have hundreds of years of experience controlling currency, economies, and governments. They have TRILLIONS of dollars in assets. Jesus Suffering Christ, Bank of America alone could by every goddamn crypto coin in existence 5 times over, invest all the money in an Asian toilet paper factory and have the whole world wiping their ass with cryptos.
“But muh evil bankers and Jews”. Do you realize how goddamn retarded you sound when you throw out this nonsense? Your cryptos are worth absolute shit until they are converted to DOLLARS (or whatever your native currency is). Those dollars are entirely controlled by… wait for it… THE BANKS. John Q Citizens aren’t selling their houses for Bitcoin or buying cars with Ethereum, and they NEVER will be on any significant scale because an economy cannot function with 100 different fucking currencies. People demand stability and liquidity with their money.
The only purpose cryptos serve is to generate you more dollars. Just like stocks. Just like bonds. Just like any other non-tangible asset. You will ALWAYS be a pawn in the bankers game because you will never have the resources to overthrow them. “But muh one Bitcoin will be worth one Bitcoin!” Shut the fuck up. Can you imagine your mother trying to buy groceries with Bitcoin? No? Point proven.
Luckily for all of us banks are currently treating cryptos as another avenue to make profits. Fight them and you will lose $. Join them and you will make $. It’s that simple.
That all being said: Banking eyes are on XRP at the moment. Given the number of banks onboard already it’s unlikely this will change in the near future.
“But the Ripple Jews hold 60% of the supply and will dump and run away with muh profits!” Again – stop being retarded. Even ignoring the impending lockup escrow - Ripple is not 2 NEETS in Grandma’s garage pumping up a shitcoin. It is an SEC registered company with 150 employees, untold millions of dollars in backing by Google, Santander, SBI, etc; and sits on a Federal Reserve committee. Dumping their holdings would be akin to the Walton Family dumping the 51% of Walmart stock they own and crashing their own company. Not only would this make ZERO sense, they would be battling lawsuits until the end of time. Ripple will make a fortune licensing their technologies to multi-billion dollar firms, they have no need to steal yours.
TL;DR – Get off your fucking pedestal and make some fucking money.
Jaxson Hughes
Bitcoin hating feminist hag Lagarde likes crypto all of a sudden
Zachary Lopez
I WUZ KIKES AN SHEEEIT
Levi Edwards
The kikes' game will soon be up and they shall meet with a fate far worse to them than their fabled holocaust - all their ponzies will fail and the people escape their suffocating grip
Charles Wilson
I think you meant to post this in /g/ nobody here gives a shit about this trash if they're retiring early.
Gavin Young
>yes go..guy buy our digital "currency" that we already own 70% of. We promise not to dump it when it peaks.
XRP is probably the worst shitcoin of them all. It doesn't even pretend to not be a textbook p&d
Charles Brooks
Case in point. Completely fucking braindead people like Clearly didn't read the OP, just regurgitated "the jews are gonna dump it!!! REEEEE!!!!"
Anthony Russell
If their supply outsizes that of the public so much, then how much would they really be able to get away with dumping?... like we'd be able to see
Ian Lee
Daily reminder that Ripple Labs owns 62 Billion XRP
Daily reminder Jed McCaleb owns 10 Billion XRP, over 25% of the 38 billion XRP in """circulation"""
Daily reminder that Billions more are owned by ripple devs privately
RC Cloud is a private network based on the ripple protocol, this is the only way banks will use ripple, no bank will ever use the public ripple network, let alone XRP
Joshua Baker
>This is a bankers world. Explain the success of Bitcoin. Your slave mentality and central bank money creation belongs in the dustbin of history.
Ethan Green
Well said OP. Banks are here to stay. Buy XRP or stay poor.
Juan Ross
you sir, are retarded
Grayson Miller
Man why do you bother trying to speak logic on this board? These idiots can't get their heads out of vitaliks bony ass long enough to smell the jet fuel on XRPs rocket.
They keep thinking xrp is trying to be a currency or compete with bitcoin when in reality it is a lubricant for banks to send easier and cheaper transfers. Don't expect those who hate xrp to spend time trying to understand it. Let them buy their posw and beans.
>sell your ripple to me please. I need more.
Blake Ross
Daily reminder that this has all been addressed and XRP is sitting with a $15 billion market cap while you angrily pound your keyboard with your hamfists.
>Explain the success of bitcoin
Bitcoin dominance is falling by the day. It's slower than dogshit and has a host of problems. It was merely the first, it will not be the winner in the long run. Mark my words.
Ryan Torres
Just trying to help the kiddies understand how the REAL world works. It's all a rigged game. If you play against it, you lose.
Bentley Ramirez
>with a $15 billion market cap Bitcoin has a $30 billion market cap. It has conquered the minds of everyone who think about blockchain.
Angel Hall
>Just trying to help the kiddies understand how the REAL world works. It's all a rigged game. If you play against it, you lose.
Did the Thirteen American Colonies lose?
Anthony Reyes
Do you have the dumb? Seriously.... DO. YOU. HAVE. THE. DUMB?
I'll say it again: Bitcoin was the FIRST. Of course it's king shit right now. Because it was the first all of it's flaws are being addressed by alts. Why the fuck do you think Bitcoin dominance is under 50% and continuing to drop?
In the year 2000 AltaVista was the biggest & most advanced search engine on the entire interwebs. Do they still hold that spot?
No. Because better solutions arose. Google came in and kicked their ass all over the place.
If you don't think the same thing can't/won't happen with cryptos you're a fucking fool.
Henry Nelson
Vitalik Buterin reminds people of Bill Gates. Ripple reminds people of Geocities or pets.com Yeah they mooned for a while but everyone can see there is better quality found elsewhere.
Jordan Miller
>Trying to parallel military conflicts and fundamental economics.
You are a Class A moron.
Landon Powell
>half on XRP >half on BTC/LTC
Just split the apocalypse right down the middle. Banks succeed in enslaving the world... profit. People overthrow the Jews... profit.
Dylan Peterson
You are a Class B moron.
Mason Lopez
None of that's been addressed, and the market cap is mythical as devs own more than half of the """""""""circulating""""""""" coins
Lucas Williams
Yes it has. Google is your friend.
David Cox
you are a perfect example of the typical XRP-holding retard
I hope you're trolling for your own sake
your shitcoin pumps to 16 billion in two days because of clueless koreans and some banks throwing in a few tens of millions (which is nothing btw)
your trash coin will collapse as quickly as it rose and you'll be back to wearing kneepads if you hold
Chase Carter
Just to put this in perspective for autist op.
AMD market cap is 11 billion. This shitcoin is 15 billion. Think about that.
Gabriel Bailey
Keep telling yourself that. Unless you have a few trillion $ to throw around, you're not beating what the banks have set their sights on.
Juan Allen
You want perspective? I'll give you some. Ripple/XRP is targeting international money transfers. Have you any clue at all how much money is shifted around the world every day? Over $5 trillion.
FIVE. TRILLION. PER. DAY.
If XRP get's it's claws into even a fraction of that... well, let's just say it's current $15 billion market cap will be fucking peanuts compared to what it will be.
Perhaps you should actually do some research on how international monetary transfers are done and stop listening to twitter shills.
>XXXXcoin is never going to usurp the financial system. They already did several times over faggot.
Noah Reed
>banks throwing in a few million >nothing btw >a few million >every day >for the last few weeks nonstop
My little user can't be this [spoiler]bloody braindead[/spoiler]
Owen Kelly
They did? Do show me where and when, faggot? Can I walk into my local Chase branch and deposit BTC? Will they give me a loan in Ethereum? Can I set up a CD that pays interest in LTC?
Nope. It's all in DOLLARS, you stupid fuck.
Juan Edwards
You could have said the same about the US dollar in 1785. Things change. Read a history book.
Andrew Cox
In comes Mr Moron again trying to compare apples to fucking coconuts. Just stop, idiot. You literally have no idea what you're talking about.
Nolan Stewart
Look, you're just a bandwaggoner who always bets on things to remain the same. I get it. And that's why you're poor. Just stop pretending to be an expert because you want to sell more XRP before it collapses.
Jace Bell
r3 managed to burn through 100 million dollars from the biggest banks in the world and has nothing to show for it
they want to raise another 150 million and will probably waste it too. banks waste money all the time. ripple might have a little more substance, but none if you know the details
do any of you even know what percentage of international payments correspondent banks are intending to dedicate to the ripple network over the next n years? I doubt it
what seems more likely to me is that a bunch of suits got duped again by the blockchain buzzword and pumped this sophisticated ponzi
Ethan Harris
Keep living in denial. You're not beating the banks. Ever.
Matthew Brooks
No one is using XRP for international money transfers
No one is planning to use XRP for international money transfers
Further, it doesn't matter if every bank in the world uses a ripple protocol network for money transfers, it doesn't matter if Ripple Labs makes bank in consulting fees, you won't be seeing one red cent of that because XRP will not be used and XRP is not stock
Mason Phillips
tfw when your short fails again when ripple climbs another 20% tonight
Zachary Rodriguez
Billions of blockchain users will disrupt this system and there's nothing you can do to change that.
Angel Perry
bunch of retards no coiners
Jayden Young
>Banks don't like making profit.
Yeah ok.
William Thomas
Market cap isn't mythical because the coins in circulation that the market cap is based on does not include the coins the devs have.
Leo Lopez
I'm creating a currency. I own 100% of them. You can buy them all from me, and from me only, but once I sell them, you can then do with them as you please.
Please send payment ASAP.
Jose Roberts
>Billions of blockchain users
Oh Jesus Christ just shut the fuck up already. 99% of the planet doesn't even know what a crypto is. Half the world lives on less than $2 day. They aren't going to be using blockchains any more than they would be buying stocks.
My God it must be physically painful to be this fucking stupid.
Hunter Flores
Nothing more than a penny stock, pump & dump.
Lucas Bell
You're the type of person who would have claimed stock exchanges are impossible before their invention. Stop giving advice nobody asked for, loser.
Robert Ward
ripple isn't a blockchain
you people are fucking retarded
god I hope all of you lose everything in the crash
Austin Ward
Reading comprehension
Josiah Cook
>source: Ripple Insight kek
a) they don't include hedging for XRP, which is the only reason it's cheaper
b) even if using a native token on a ripple network WERE cheaper, banks don't need to burn hundreds of billions buying worthless XRP to use the public ripple network when they can just make their own ripple network (ripple is open source), which is exactly what the much vaunted banking adoptees of the protocol are doing: cnbc.com/2017/03/01/japanese-banks-plan-to-adopt-blockchain-for-payments.html
Isaiah Garcia
OH OOPS. I wasn't follow your silly back and forth
maybe you can answer some of the questions that I asked you
you won't because you don't know the answers
keep up the coke fueled euphoria on a chinese cartoon image board
Jaxson Russell
No.
It does not include the tokens Ripple (the company) owns (62 billion), it DOES include the 20 billion the developers kept
Jacob Barnes
Grab some eth the you be like me son.
Jason Cooper
First they laugh at us, then they try to intimidate us, then they'll get thrown in the ovens.
You're destined for a small box at 500 degrees, OP.
Evan Morris
thank you for the explanation mr goldstein. I'm going to buy more coins now see you later
Landon Rogers
Where the fuck do you come up with this stuff? Nowhere have I implied anything of the sort you fucking tool.
Understand something: The only users of crypto are going to be middle class and up in first world countries. And most of THEM are simply going to treat them as investments, much like stocks.
For any value to be realized in a non-tangible asset it must be converted to a common medium of exchange. That medium of exchange has been and will continue to be dollars for the forseeable future. Your cryptos are measured in dollars and dollars are controlled by the banks. You're not decentralizing anything.
The fact that you cannot grasp this simple concept leads me to believe you're just a dumb fucking millennial who bases his worldview on social media feeds.
Protip: The world is not Facebook.
Isaiah Allen
>you're not decentralizing anything I routinely use bitcoin(and Monero) to send people money and purchase things. Why? Because paypal and patreon shutdown people like me because we're guilty of wrongthink. Can I do that with XRP? Not really because it doesn't even have good functional offline wallets. Your coin is a piece of shit.
Luke Edwards
Hey homo how's that ETH doing?
Zachary Long
XRP is not, nor was it ever meant to be a currency to compete with bitcoin. Ripple wants a piece of the banking industry, not your meager private internet purchase.
I swear some of you are dumber than a box of rocks.
Robert Ward
Buying again here already made .5 btc yesterday
Juan Parker
>don't mention ETH at all >How's that ETH doing Are you illiterate or something?
Adrian Fisher
>Ripple wants a piece of the banking industry, not your meager private internet purchase. If this is the goal, then XRP is entirely extraneous and a massive bubble with no value
XRP is not stock, the ripple protocol can underpin the entire future banking industry and XRP will still not have value
Luke Barnes
It's pretty obvious that's why you are so upset about ripples success.
Ayden Torres
I don't have any ETH you moron, its equally kiked.
Logan Davis
Ripple as a concept has value. Fast settlement and automated ledger functions are valuable.
XRP the currency is worthless. No bank with any scale in payment processing will transact using XRP because it's an inherently unstable base currency, and transfer pricing/exchange rate hedging becomes a nightmare when you're inserting an artificial commodity into the equation when you don't have to.
Banks may use the role network to process transactions, but they'll create their own fork with their own version of the coin with an agreed upon value based on a standardized, fiat currency valuation.
It'll be like the scene from There Will Be Blood; they're drinking your milkshake, but they're not going to pay you for it.
>t. IT/Infosec auditor working for a multinational bank contributing to the R3 project
John Adams
So which bank allows me*, as a random XRP owner, to buy ripple off an unregulated exchange and then send it to an account they manage?
Face it, your shit coin is just as useless as Bitcoin.
*not actually me, I don't own any stake in this garbage
Brody Howard
>Wat
Ripple absolutely is a blockchain.
Is this a serious statement?
You're trolling right?
>blockchain >a digital ledger in which transactions made in bitcoin or another cryptocurrency (LIKE RIPPLE) are recorded chronologically and publicly.
>from ripple's wiki page >At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
