You have 10 seconds to explain why you don't own XRP

i hope it doesn't moon before i get to 20k at least

me too user keep accumulating

Stellar is better

My IQ ist higher than 70

centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer

literally
FUCK YOUR KIKE COIN

It's not mineable and thus a shitcoin, that's why.

>KIKE COIN
>FIGHT DA POWAH
>being an emotional investor
You’re not going to make it

isn't higher? that makes sense

>centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer

97% of BTC are held in 4% of addresses

All coins are heavily centralised

>It's not mineable and thus a shitcoin, that's why.

Mining is a huge drain on the fiat entering a coin. Mining is just giving millions of dollars a day to chinese power companies. Why is this something you want?

source?

Mining -> centralized pools of profitable miners
Consensus -> decentralized as more stake holders enter and have incentive to support the system

>not holding at least 10k XRP
>image related

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You=BTFO

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based and repilled anons

Keep posting. I’m eagerly waiting for one of these retards to try to argue with what’s been posted.

XLM shills will be along shortly to explain why the west should give all their money to africa

what does BTC have do with anything?

centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer
centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer
centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer

the internet

>the internet
lol, can you provide a link?

facts, litteraly 9/10 ppl are sheep and bash ripple for no reason

The fact that you doubled down on your garbage post tells me just how much of a retard you are when the very first word of your statement is incorrect.

this faggot is gunna fomo so hard in ~2 weeks, everyone else gl load up ur bags before the massive run

It’s fake and gay

normies love centralized. bring on the normie money

>centralized shitcoin where the owners own over 1/4 of the supply and they only sell it to people who will use the Ripple company thus making the original owners richer

who are the owners exactly?

Over 1/4 of the supply of BTC is owned by one person. Prove me wrong.

He’s an idiot. The “owners” don’t own 1/4th of the supply. 55 billion xrp was locked into escrow by ripple.

>owners
my point is this implies there's some other category of ownership other than just owning XRP like a regular person or institution does

there isn't

Exactly. Ripple and xrp are 2 separate entities

>Ripple owns about 60 billion of the 100 billion XRP created
>cnbc.com/2018/01/16/why-ripple-is-not-cashing-out-its-xrp-holdings.html

>As Ripple CEO, Garlinghouse, 47, has a 6.3% stake in Ripple the company — but that's not how he makes our list. Though Ripple controls 61.3 billion XRP, holdings that total $95 billion in value,
>Like so many operators on this list, it's his personal stash of XRP coins, confirmed "in the nine figures,"
>forbes.com/sites/laurashin/2018/02/07/ripple-brad-garlinghouse-xrp-coin-crypto-cryptocurrency/#7580509c6ba7

>Ripple co-founder Chris Larson has 5.19 billion XRP and a 17% stake in the company
>xrpchat.com/topic/16345-anyone-concerned-about-chris-larsen-co-founder-massive-holdings/

talk about a centralized shitcoin, they even give the coin away for free

> As of 18 March 2014, Ripple Labs has given away XRP134,528,800 through the World Community Grid at a rate of XRP1,250,000 per day
>heavy.com/tech/2013/12/ripple-xrp-news-purpose/

>talk about a centralized shitcoin, they even give the coin away for free
lmfao

where can I get some for free then?

>evidence that xrp baghodlers have 0% reading comprehensions and can't google
99% of you idiots are normies who are baghodling shitcoins

>Ripple owns about 60 billion of the 100 billion XRP created
55 billion of which was locked away into escrow.

>bubbut muh escrow
kek

Are you genuinely fucking retarded?

hey don't get mad at facts normie

ledger.exposed/escrow-stats

what other coin in existence has the certainty of supply that XRP does?

97% of BTC are held by 4% of addresses, most of which have unknown owners.

Literally 97% of the entire supply of BTC could be dumped at any moment.

who's talking about bitcoin kek?

user, im interested to know where did you get 1/4 figure, not how big is the ceo's stake in Ripple the company
you know that the company and the xrp coins are diferent, right?

>who's talking about bitcoin kek?
BTC is generally considered the benchmark for judging coins. If you think a different coin is a better benchmark then lmk and I'll show you how that one is shit compared to XRP instead.

I just gave u 2 names of 1 CEO and a former CEO that hold XRP holdings in the billions.
that's just 2 names

you do know that Ripple the company holds 60% of all the coins and not the CEO's stacks in escrow, right?

>you do know that Ripple the company holds 60% of all the coins
you do know these are locked in cryptographic escrow and can't be access right?

>where could the other coins possibly be?
kek you normies are as dumb as it gets
it's hilarious you even trap the newfags too

>will the baghodlers sell at a loss?
kek, let's see if that 0.25$ support line holds up for the next dump

>kek, let's see if that 0.25$ support line holds up for the next dump

unironically xRapid news will pump XRP past ATH watch

it's already in demand zone it's unlikely to fall much further desu

user 9 figures means less than a billion

the two ceo combined would have 6.19 billion
and that is 6.19%, 1/4 would be 25%

let's hope for your sake that the Ripple company and it's heavy stackked holdings owners can shill hard enough, kek

>let's hope for your sake that the Ripple company and it's heavy stackked holdings owners can shill hard enough, kek

Everyone who owns large amounts of XRP is under contract to not dump the price. The supply of XRP is unironically a lot more certain than the supply of most coins where you don't know who has what holdings and there's nothing to stop them dumping.

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kek, the article 'confirmed' 9 digits
it never argued anything above 9 digits which if we do ask Brad again, I think he'll just come up with something to dodge the question.
do you know what centralization means?

>do you know what centralization means?
Do you?

Is BTC centralised? 3 mining pools control it, 97% of BTC is held in 4% of addresses by an unknown number of people possibly as low as 10-20 people.

Is BTC centralised?

because it is a failed asset of a failed company that is now desperately trying to pivot after its pilot projects with banks were rejected

in summary, its a doomed project

kek if BTC is centralized then XRP is completely owned by a centralized company looking for profit
retarded normie

i still dont get it, 6.19 billions would be 6.19% of the supply
where did you get the 25% figure
>own over 1/4 of the supply

>because it is a failed asset of a failed company that is now desperately trying to pivot after its pilot projects with banks were rejected

Literally running the only plausible SWIFT competitor network currently in production with 200 banks on it.

xCurrent has an option to enable xRapid as a liquidity source all the banks have to do is turn it on.

Tell me that doesn't freak you out. The only cryptocurrency even close to bank adoption is XRP.

>kek if BTC is centralized then XRP is completely owned by a centralized company looking for profit
>retarded normie

BTC is centralised.

XRP is decentralised.

Ripple is one company in the XRP ecosystem.

These are facts.

Your argument is like Linux is centralised because Red Hat is a for profit company.

Since when is everyone in the crypto space a communist btw? You dislike for profit companies?

kek
whatever makes you sleep at night, normie

can you not do math?
I gave u 2 names. I didn't even go through the entire fucking board of directors list
you want the real truth? Go fuck yourself baghodler and do your own research

company owning 60% means 40% is not in the legal hands of the company and since 1 guy owns 5%, and the other guy is ((((confirmed)))) to at least be 1%, we can safely assume the other 24% is split amongst insiders and the inner circle to profit off this scamcoin to 'replace' bitcoin

you normies deserve to baghold for all this greed.
it made u blind

>whatever makes you sleep at night, normie
translation: I don't have a counter to these FACTS therefore I'll make some nigger-tier remarks. Ok buddy.

>company owning 60% means 40% is not in the legal hands of the company

Ripple the company owns it but it's in escrow.

>and since 1 guy owns 5%, and the other guy is ((((confirmed)))) to at least be 1%, we can safely assume the other 24% is split amongst insiders and the inner circle to profit off this scamcoin to 'replace' bitcoin

And 97% of BTC is in 4% of addresses owned by unknown persons. At least you know who owns what XRP. 24% is no split amoung insiders. There have been thousands of institutional buys which are all in lockup agreements to prevent dumping.

Again, unironically, XRP has the best certainty of supply of any top 10 coin.

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done replying to you deluded baghodlers

it literally takes 2 phone calls to double spend on bitcoin.
Tell me how you can achieve a double spend on ripple, you absolute mong.

oooohh so you just made it up
wow
why are you so upset?
i don't quite get it
why are you just attacking everyone that tries to discuss
are you trying to spread fud, user?

Olympic stupidity

>Olympic stupidity
Do you understand how mining pools and double spending work user?

Double spending is impossible thanks to the lightning network, user.

i'll believe it when i see it thanks

he's definitely frustrated.

>Double spending is impossible thanks to the lightning network
WRONG

if double spend occurs on the main chain before your pay chan closes you won't be paid

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You're talking about a Finney attack.

>You're talking about a Finney attack.
I'm talking about a 51% attack

which is why it matters that mining is so centralised

if mining pools collude to mine a longer chain in secret then release the longer chain they can effect any number of double spends

lightning does not and cannot prevent against this

So what's the solution?

>isn't higher? that makes sense
>fell for my trap
>Doesn't know that ist means "ist" im German
I've actually proven that your IQ in below 70 KEK

>So what's the solution?
POW has been disproved as a viable mechanism for double spend prevention in practice. We can see the centralisation of mining into mining pools and the centralisation of interests in those mining pools toward collusion as well.

You need to give up on POW it will never work long term.

That leaves proof of stake which is also largely untested and consensus as in Ripple Consensus, which are run for years in production without issue or incident.

>I've actually proven that your IQ in below 70 KEK

user I...
you got me

Knowledge of German is the original IQ test, gas the Jews I guess.

So what's the solution?

>So what's the solution?
Ripple Consensus

I see what you're saying.

Show me one example of a BTC doublespend in the decade it has existed.

>Show me one example of a BTC doublespend in the decade it has existed.
M T G O X

What? Mt gox wasnt a double spend.
Glad I could clear up that misconception for you.

>Mt gox wasnt a double spend.
>Glad I could clear up that misconception for you.

Would you like to define double spend then

I don't need to define it. "Double spend" means one specific uncontentious thing in cryptocurrency.
It's really bizarre to suggest otherwise, like its some controversial term with loads of definitions.

>"Double spend" means one specific uncontentious thing in cryptocurrency.

Yes it literally means you can spend the same money twice regardless of how you pull that off. Tx malleability was an exploit which allowed you to do this. A 51% attack also would allow you to do this.

coindesk.com/blockchains-feared-51-attack-now-becoming-regular/

If your argument is that a 51% attack could never happen to BTC then you'll need to explain WHY BTC is so special that exact clones of the code base have had millions stolen by repeated 51% attacks.

There's no physical thing preventing the three/four chinese mining pools from ringing eachother up and saying 'hey lets secretly mine a longer chain so we can double spend'. What stops them from doing that?

Whats this wall of text for? Post a link to a doublespend transaction on BTC.
Just one. In 10 years. Surely there has been one if it is so vulnerable?
Just a little one? Has there been a single doublespend in 10 years? Even a teeny tiny one?

>Post a link to a doublespend transaction on BTC.

Hey user this model of cesna routinely falls out of the sky.

"OK BUT THIS ONE HASN'T"

"SHOW ME IN THE FLIGHT LOG WHERE THIS ONE FELL OUT OF THE SKY RIGHT NOW"

But user ... there's these other planes exactly the same as yours that have fallen out of th...

"STOP I DON'T WANT TO HEAR IT SHOW ME RIGHT NOW WHERE THIS ONE FELL OUT OF THE SKY OR SHUT UP"

user I...

>Hey user this model of cesna routinely falls out of the sky.
If doublespends are "routine" you should be able to post one.

>If doublespends are "routine" you should be able to post one.
Are you saying this never happened? zdnet.com/article/bitcoin-gold-hit-with-double-spend-attacks-18-million-lost/

Bitcoin gold (BTG) is an altcoin, those are succesfully attacked fairly regularly.

Bitcoin (BTC) has never been doublespent. Ever. In 10 years. Not a single cent.
Impressive, right?

Yeah that's definitely BTG, not BTC.

Here you go.
bitcointalk.org/index.php?topic=152348.0

Explanation by Vitalik.
bitcoinmagazine.com/articles/bitcoin-network-shaken-by-blockchain-fork-1363144448/

>Bitcoin (BTC) has never been doublespent. Ever. In 10 years. Not a single cent.
>Impressive, right?

Not impressive. Lucky perhaps.

The point is there's nothing to stop a 51% attack from happening it just hasn't happened *yet*.

As you see from carbon copies of BTC that have been 51% attacked it's a real thing that could absolutely happen.

Incidentally a cursory google search did provide an example on the BTC mainchain: bitcointalk.org/index.php?topic=152348.0

Not that the counter example is needed, you haven't provided any argument as to why BTC is special and why it wouldn't be exactly as subject to a 51% attack as any other chain running running bitcoin-core's code base.

12814b8ad57ce5654ba69eb26a52ddae1bff42093ca20cef3ad96fe7fd85d195

Is the TX hash which you won't find in the main chain because it was in the shorter chain that was discarded.

you guys are fucking daft.
Grey boy definitely just said that those coins are based on the same algorithm as bitcoin and have been successfully attacked.
People have also pointed out that 90% of the hash rate is controlled by 3 mining pools based in china (the land of the financially honest without a shady gov).
Bitcoin is the cesna that hasn't fallen out of the sky and you dummies are doing exactly what based user said:

> "OK BUT THIS ONE HASN'T"

> "SHOW ME IN THE FLIGHT LOG WHERE THIS ONE FELL OUT OF THE SKY RIGHT NOW"

based user just gave that link too

Ok I see the gush gallop has started so lets be clear: BTC has never been doublespent, ever.
These articles do not show BTC doublespends.

Bitcoin Gold is a hardfork of BTC. Thats a bit different to the generic altcoin description. They both use PoW and one has been manipulated to be double spent.

Your head in sand attitude is going to cost you user

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