ABANDON BITCOIN CASH NOW
This shit will tank hard. It was supposed to be a trade off between decentralization and cost.
Ripple is both CHEAPER and FASTER and you know who's signing the ledgers. With Bitcoin Cash, 90% of hashpower comes from one anonymous miner (most certainly it's bitmain).
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Ripple 101
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-The supply is fixed. There's no inflation.
-The current transaction cost for a standard transaction is just 0.00001 XRP.
-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.
-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.
-Ripple Labs share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships (e.g., Amex, Santander, ..) and expanding XRP's marketshare.
-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (as in Bitcoin)
-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.
.
-The software is open-source (Stellar was a fork of Ripple).
bump...
True.
btrash is a chinse scam
Ripple's Twitter sounds like it's being run by a bunch of hopeless, idealistic soyboys.
BTC and BCH are both trash
XRP is the future
normies don't give a fuck about "muh decentralization" or "muh jew coins".
They want MONEY - plain and simple. And they want money they can use cheap and fast.
That fuckin NYTimes reporter got BTFO so hard now, just annoying that that sjw cunt could crash the market with her fake news but this partnership is really huge, we'll be at 4$ in no time
explain to me why it's dumping then
keep your centralized shitcoin and just use sql db retards
good, good. Let the hate flow through you!
it's called profit taking. is this your first day?
what profits? it' at the atl since 2017
Are you fucking retarded?
What?
I mean, Ripple is shit and an establishment bankcoin.
But hell, at least it's not bcash.
these are sell order that people placed before they saw the news.
this is not wall street. news takes time, I just woke up an hour ago and bought more.
zoom out, it' touched 1.60$ today and it would've dumped even lower without the "news"
>$1.6
>now above $2
>itz dumpng
listen, dumbass: anyone who bought XRP in the past 12-24 hours just saw a 25%+ gain on their money. If they're not in it for the long haul they are cashing out right now.
it is now, it's gonna be back sub 2$ in a hour or so and drop to 1.60 in a couple of days
You mean 2.60?
Keep telling yourself that.
it's 2.07 now
Patience
>watching btc/xrp pair
how retarded can you be?
There are others ways to make money besides being a cuck, I dont understand you xrp guys
Faggots are getting ito Cripple because it grew 35000% in 2017
You missed the moon, at best you will get another 3x, which in today's market is peanuts
Good luck holding onto the jewcoin while everything is mooning left and right
whatever faggot. the mental gymnastics of you XRP haters never ceases to amaze. stay poor because you're literally too stupid to see the forest for the trees.
i'm long xrp and i'm still in profit, but it can't even invert the trend after such a big news.
truly sad
>quads of truth
checked
IT JUMPED 25% IN 10 MINUTES YOU FUCKING DUMBASS. There's always a selloff when this happens.
Just sell and put your money in a CD or something. You're too stupid to be in this market.
yeah, and it dropped 15 in other 10 minutes. that's literally a pnd. and a shitty one.
if moneygram announced a to use eth for money transfers, eth would skyrocket without a correction until 2k
>still not getting it
Then FUCKING SELL. What the fuck do you have to prove to me?
Bitcoin's market cap is not the ceiling. Bitcoin is practically useless now. XRP on the other hand serves a real-world purpose, and Ripple speaks to an industry that is worth trillions of dollars.
In 2018/2019 you will be using it to pay for everything online (pic related), and financial institutions are starting to jump on board too.
.
2018 will be about utility and Bitcoin will be dethroned.
BCH not centralized
RIPPLE centralized
/thread
Enjoy holding your bags
Ripple is more decentralized than Bitcoin, which is more decentralized than Bitcoin Cash
Ripple > Bitcoin > Btrash
.
.Bitcoin
-One company has more than 50% of the hashpower (Bitmain)
-One oppressive country has more than 50% of hashpower (China)
-One company has a monopoly on creating efficient ASIC Bitcoin miners thanks to patents (Bitmain)
Ripple
-10s of validators run by reputable non-related public and private entities in different countries (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-At least 80% of validators must agree for a ledger to be validated (supermajority)
-double spending not possible
-Anyone can run a validator and make his own list of trused validators
.
tldr; with bitcoin you have no choice but to trust whoever purchased the most hashing power, if he misbehaves, you cannot do anything about it, with Ripple, you explicitly choose who to trust, if he misbehaves, you can simply exclude him.
>Explaining how it's not decentralized but uaing that explanation to 'proove' that it is
What did he mean by this
you realize that this makes XRP worse than what we currently have....
hahahaha that is some shit-tier fud
That's a mute point in a doggy dog world