Reddit hivemind track record in crypto so far

Hi fellow plebbitors, pajeets and niggers. I'd like to take a moment and show you why you suck and should just kys

>litecoin
>xrb/nano
>ripple
>tron
>verge
>dgb
>vertcoin

7 out of 7 for complete retardation. What will be the next huge plebbit bust?

>venchain

calling it now.

ven or icon
screencap this

twitter gets to take credit for tron and verge, not reddit.

>chainlink

Isn't that the Veeky Forums completely retarded bust?

good intuition my mate. they will likely both go bust. complete memecoins.

Plebbit HATES vechain, see /r/cryptocurrency

correct, that is on the wall of shame of Veeky Forums. biz has some good ones more but i can't remember atm. i think we can finally call ARK a bust but biz hasn't shilled this for 4 months now.

WTF are you on about. They recommended that shit out their ass

maybe some of them have started realizing their burn now, which doesnt count considering they've been shilling it hardcore 24/7 the past 3 months.

They must have gotten tired of it, its completely banned there

if you were around for it reddit had an absolute hardon for the DAO. That was pretty muck the archtype for the awful plebbit call.

[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)

Missed that one but I think Veeky Forums was shilling it as well quite a bit.

pajeet

Vertcoin was my first >10x thanks to the reddit hype.

Thanks. Bought 1000 more VEN.

Plebbit loves TRX. That says it all.

100% of these coins were on Veeky Forums first

Everything is first on Veeky Forums.

oh jeez oh man my rippplebeans i paid two fiddy for are a buck o three.
i better call up my grandkid and ask him what the fuck i can ever use them for

Yeah but reddit has a "credibility" that we lack yo

dont think LTC, VTC or Ripple were ever shilled here.