Just saw this comment on reddit, fairly under the radar atm.
Reddit account >5yrs old, >50k comment karma, barely comments on the ripple subreddit (isn't a deluded shill).
As far as i'm concerned, a normie redditor like this so deeply engaged in reddit has nothing to gain from random LARPing, especially in a comment rather than an entire reddit post.
Do with this info as you will.
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larp
link to comment
/r/Ripple/comments/7lzbub/petition_for_xrp_on_coinbase/drqst04/
downvote the comment and accumulate with me
No, retard
Ripple is making their own extension to buy XRP with your crypto on Coinbase
If Coinbase gave a shit about Ripple, Ripple wouldn't be putting resources into this
forgot link
kek, sorry buddy, weren't you finished accumulating? i don't care i want biz to get gains as well.
that website:
>brought to you by the team that did the fake xrp added to coinbase page
even the exact same layout and netherlands domain. sad.
by the way this is the biggest buy signal for anybody doubting xrp coinbase
whales and those with insider knowledge already KNOW that its coming to coinbase. there was a coordinated pump that trended on twitter with the fake coinbase adding xrp page, which let them sell their xrp at the top of the pump to buy back in low.
now they are back trying to lower the price again to buy even lower, for an even bigger pump when it does get released next month.
Thx op.
>Ripple
>Centralized corporate controlled bank token
>Total supply 99,993,093,880 XRP
>Circulating supply 38,739,144,847 XRP
>Developers kept the rest (over 50 billion tokens)
>Token not required to use network, which functions like Paypal for banks
>Technically not a cryptocurrency
>Noob cryptocurrency "investors" buy it because they don't know the difference and think "muh banks are using it"
>Too fucking stupid to see the irony
>Pump the price to one dollar
>Unironically think they've made a good investment
my dad works for bitcoin and he said coinbase is never going to add ripple
>Ripple actually fucking works
>Ripple is actually being adopted
>Ripple actually has active development
why are Bitcoiners so awful in 2017? you all seem to hate technology now
If you made gains it's a good investment. I got my 3x and dipped. Anyone who didn't is a fool.
damn, this red pilled me hard
>>Centralized corporate controlled bank token
Decentralization is one of the top priorities for 2018. This comes straight from the very top of the food chain at Ripple.
>>Developers kept the rest (over 50 billion tokens)
Yes, in escrow for 5 years (since November 2017), to not be touched until November 2022. At which point it will be insane to sabotage their own coin.
>>Token not required to use network, which functions like Paypal for banks
True, but it saves the user an additional 30% in transaction costs.
>>Technically not a cryptocurrency
Subjective.
>>Noob cryptocurrency "investors" buy it because they don't know the difference and think "muh banks are using it"
Banks in Japan and Korea are testing the use of it as we speak.
>>Too fucking stupid to see the irony
:^)
>>Pump the price to one dollar
Where it will not stop. The higher the price, the better the coin works.
>>Unironically think they've made a good investment
It's been breddy gud to me so far. From .22 to 1.00.
>Ripple is bank to bank Paypal/Venmo type network, not a cryptocurrency
> XRP token has no use on the network
Why the fuck would banks use a token fluctuating in value to transmit funds?
If Ripple is for banks, why the fuck would they sell it on crypto currency exchanges to John Q. Public?
Why the fuck would you buy a corporate controlled bank token?
How stupid are you?
Why are you bragging about gains like it makes you smart when almost every coin has done 1000-2000% gains this year?
Everything banks trade (EVERYTHING) fluctuates in value constantly. The point is that even though Ripple will fluctuate in value, it will be a single universal currency between banks and reduce arbitrage losses.
Using XRP as a bridge currency enables banks to quickly trade between currency pairs with no direct market connection with enormous amounts of liquidity provided by XRP itself.
This is why Ripple succeeds without a shill army on Veeky Forums -- it's solving real problems that can't be condensed into greentext and memes
>it will be a single universal currency between banks and reduce arbitrage losses.
The delusions are amazing on /biz. Kek.
>The point is that even though Ripple will fluctuate in value, it will be a single universal currency between banks and reduce arbitrage losses
Sure of course, reducing arbitrage losses by using a bridge currency that is MORE VOLATILE than any native currency by many orders of magnitude. Makes perfect sense if you're a fucking idiot I suppose
>enables banks to quickly trade between currency pairs with no direct market connection with enormous amounts of liquidity provided by XRP itself
Christ you idiots are gullible. I have a hard time believing you are actually this dumb. This has to be shilling. XRP will solve liquidity problems...lol holy fuck.
All I can say is load your bags, bro. Fill them real nice and heavy. I recommend a mortage or payday loan to buy as much XRP as possible
>why would banks want to dramatically reduce their costs and improve their transaction throughput and security through new technology
i guess you don't get it, maybe investing in fintech is not for you, simple as that
lol XRP transactions complete in four seconds and because every bank holds XRP there isn't counterparty risk
where exactly is the arbitrage opportunity on a four second long transaction, please, show us how that's not infinitely better than a forex transfer that takes days
Maybe you should buy more XRP. Then you personally can help banks with their arbitrage woes and liquidity problems.
I'm sure banks will just love trading XRP at fair market value as established by the general public on Bittrex and Poloniex. Banks love using shit tokens that have a price they can't control. They would never do anything to manipulate the price of such an asset.
Fuck if you can't see this scam you're beyond hope.
This
It's so obvious to anyone with half a brain that any value Ripple has will be in the network, not the token. The network that you paid for. But don't own.
already have 100K in Ripple, thanks. I'm guessing you wouldn't know what a N(V)ostro account is without Google... but anyway, we simply disagree.
Here's the thing: the price of XRP isn't particularly important to banks because they don't even fundamentally need to use it to take advantage of the Ripple network.
While XRP does give them some nice bonuses, the Ripple network neither lives nor dies by the price of XRP, nor would banks lose actual money if it goes up or down. XRP is purely an efficient medium of exchange, and its price is going to reflect enterprise adoption patterns and the network effect -- not what shitheads on Poloniex do.
Ripple is a shitcoin. Well, actually Ripple is THE shitcoin.
But if I can get profit from it...
>Why the fuck would banks use a token fluctuating in value to transmit funds?
Hahaha, he thinks exchange rates for hard currency doesn't fluctuate