XRP mooning

it's half a moon in the current bear market starved of normie money

a popular news telegram channel just shilled xrp.

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

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[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

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[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.

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[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!!

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[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

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[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%

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[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)

AHHHHHHHHHHHHHHHHHHHHHHAHAH

Barely flight altitude...pfffft

will bitcorn go up or down

aaaaaaaaaaaaaaaand it's over

...

Lol it's only pumping because people are buying the rumors. And when it people find out it's not being added to Coinbase, the almighty race to the exit will be glorious.

So biz is shilling xrp? Time to dump it.

not so fast

haha, science bitch

If you're buying now, you're already too late. The 5% gain is going to be burnt off here shortly, sorry fomoers

take her easy dude, there is still time till Tue 5PM EST>

oracletimes.com/is-this-magic-monday-for-ripple-xrp-coinbase-cnbc/

Operation RAPE Ripple has been launched!
>NANO Marines report in!
We all know when to insta-dump this shit and put the profits in NANO.
We go fast and hard NANO style.
We will give them a RAPE they will never forget.
>Operation RAPE DOGEcoin was a succes, Cukcold Coblee succes now Ripple to get rekt.

asia isn't awake yet.

...

>buy high