This is the biggest fucking scam I've ever seen...

if the metrics of the coin dont disgust you, and the gorilla head dev doesnt trigger vomit, then the whores that shill this on twitter and act like they are supermodels should be enough to let you xrp is not cool at all in any way

XRP is not even a blockchain. Its just a digital asset to transfer value. The Ripple jews can freeze your funds and spy on you. Mzh crypto currency lol. Not to mention they sell every single coin for 100% profit. Just lol at any fag actually buying into thisd epic scam.

The gorilla head dev, if you're referring to Mr. Schwartz, has the typical traits of a successful person in the tech industry. He's eccentric, big-brained, balding with long hair, and despite his mental capacity, is extroverted and personable. He worked for the NSA, to boot.

I don't have to think XRP is 'cool'. I'll settle with making money off of the banks and using it to do something productive.

hes a genius and a chad

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wow how shit metrics, disgusting.

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this jewish chad is a pretty huge inspiration to be honest

xrp is great, but it'll never make you any money. crypto in general has a pretty nasty inverse relationship with price and usefulness

>won't make you any money

I don't know how you can actually say that and believe yourself.

Agreed. I work at a bank, registered financial advisor too in wealth management.

XRP mongoloids are dumbest and most desperate peasants I've seen so far.

Honestly what the morons don't understand is that in order for XRP to work for INTERNATIONAL remittances,

the price of XRP would have to be PEGGED to the currency it's settling. Banks won't take on this risk from other banks transferring them money.

using a volatile asset to settle the dollar or euro will NEVER work.

but retards are retards and they will buy a centralized coin for a network that will not give them permission to use it, a centralized coin intended to help (in theory) the very system that's already fucking them deep in the ass.

people forget why bitcoin became a big deal. because banks can't be trusted

kys
The state of ripple bag holders

absolutely disgusting

You've just explained why XRP is the perfect long term store of value coin, thanks.

gtfo larper
if it is centralized then point the node that controls the network, the one which the network depends on
also
since xrp transactions take only 3 seconds, banks are not that exposed to volatility and cryptocurrencies volatility will die off over time.

nice facts you mouth breather

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Gettin mighty tired of your shit motherfucker.

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What the actual fuck these are flat out lies.

>The Top 100 accounts (wallets) contain ~81% of the circulating XRP supply. Most of the wallets in the Top 100 are exchanges. The actual amount of XRP Ripple can spend not even close to 81%.

>Regarding the 55 billion coins in escrow: Ripple can't touch these coins and uses them to support market makers.

So they just debunked their own debunking. How can they use the coins to support anything if they cant touch them?! Jesus christ this is so misleading you would think I was reading Snopes.

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Not true.

Also, the elimination of nostro accounts is such an insane savings that the volatility issue becomes a vague afterthought.

genius and tiff LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO. Hes banking the unbanked alright! Life is hard bein an xrp thot

>Doesnt compare it to eos
>free transactions, 0.5 second transactions, 2.5 million transactions per second, (expandable to infinity) supports smart contracts, not 100% premined, actually decentralized

XRP pays a wall street comodities trader to litteraly force losses on buyers. This is fact and XRP themselves crashed the coin in 2018 a=using this one wall street punk. its a shitfest with snoop dog rapping to the tune of wall street crime

>XRP is so fast volatility is no issue.

you’re a shit munching retard.

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>LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO
is not wrong, and info there is legit. you just misunderstood it
55B are in scrow
1B leave scrow every month, if it is not used then it returns to scrow

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you all guys complain just stop posting about it and dont buy it
end of story

Every time I see a thread like this I buy more XRP. Sitting comfy, feels good. I love shorting Jow Forums by buying XRP.

As someone who doesn‘t own a single xrp i have to ask My Banking expert user here how volatility should be a problem for any crypto if the asset has a transaction timebof mere seconds?
Volatiity can‘t be a Problem here.
Just Because you scrub the shitters there does not mean you‘re a bankster

just dont buy too much cause those jews are counting every coin and that commodities dude is ONLY trading ripple to GET MONEY for jews, not get money for yous

It settles so fast that volatility will not be an issue. I’d like to think we are educating people but they already know, and choose their fate. So fuck em

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OP don't even bother with pajeetfags. THey all thought Ripple would just be another bitcoin and literally everyone is holding bags still from the ATH. for ripple to be worth anything over a dollar they all have to sell and they won't cuz they prefer to be bagholding cucks lmao.

the eternal jew has won

Face it, bean cash is almost as fast and doesn't have all this centralized bullshit and jewish tricks.

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So they massively dump on you for the next 4.5 years. Its like Nano x1000. See you at a tenth of a penny buddy.

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You are the exact type of person we are shorting. Feels comfy

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Yes XRP is a scam. They have no working product nor customers. Also their team is full of pajeets.

MARKET SELL EVERYTHING you have and post transaction ID, I'll send you 0,05 BTC if you do.

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Kek. The fear is palpable. Why not just buy/hedge XRP if youre so worried?

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don't worry. maybe the tooth fairy will come tonight and give you $20 under your pillow. didn't you just lose another tooth recently?

/biz will be rekt after whats going to happen.

But but but /biz said it will never be XRP and me so dumb listening to dumbers

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All these biz “bros” don’t even realize XRP released a whitepaper back in February for Cobalt, 1 second transactions.

With the amount of partnerships that are installing the infrastructure, the 1 second transaction times, Xspring, and the savings from the elimination of nostro/vostro accounts, XRP is bound to go 10x to 100x within 5 years.

The money saved from the nostro/vostro accounts alone will make banks even more money by being able to invest the literally trillions into other markets which will further stimulate the economy.

Stay poor faggots

Shhhh. You don't really want these faggots to become rich.

Let them stay poor, depressed, suicide in 2-3 years. World population reduced. Easy win.

Dont shill me favorite shitcoins here reeeeeeeeeeeeeeeeeeeee.
Let those fucking brainlet stay poor and fomo in later so I can dumb my bags on them.

You’re right. All of the high iq fags already bought in.

The rest of biz will be our wagecucks. They’ve already been warned countless times

Why do you think it will 10x-100x in the next 5 years? The 55b in escrow is reserved for onboarding banks, right? In that sense, the volume on the network will be between banks, not between consumers. On top of that, to work it shouldn't be volatile. Even if transactions settle quickly and volatility is on issue, how does this correlate with upwards movement. You need buy orders for the price to move up. Crypto markets are speculatively driven. Who is going to buy XRP as a consumer, especially after many people were JUSTed Dec-Jan.? I am not sure, but aren't they releasing something like microtransactions for consumers to use. It hasn't been mentioned once here.

XRP becomes cheaper to use as the value of XRP grows. A higher value of XRP means less XRP needs to be used to send money internationally.

Less XRP used means less XRP is burned, thus prolonging the lifetime of XRP with its burnrate.

Banks and remittance companies buying in will want longevity, but they’ll also want their investment to grow.

When the inevitable mainstream adoption happens, neets will be buying up XRP much like in dec/jan which will help create more liquidity but also scarcity.

XRPs will be burned with each transaction with a majority of xrp being owned by banks; however, there’s a small percentage (I think less than 10%) which will be in the exchanges which will be owned by neets (again scarcity)

Banks will want to buy up more to prolong their use of XRP and don’t wont want to have a competitive advantage over others which will force competition to buy up the remaining XRP.

Companies that tested XRapid are already reporting a saving of 30% and upwards, not to mention the time saved since it takes literally days for cross-border payments today. Even an expensive investment will save banks and remittance companies more money long term. The more XRP bought from the market to be strictly used as an asset will, once again, create even more scarcity.

Banks are greedier than the average investor. Theoretically, even a $100 XRP bought by a bank will save the banks tenfold in a decade or more of use which means the true value of XRP would be even higher.

youtube.com/watch?v=G8qGrfsrUMU

Even Vitalik saw the potential and vision of the company Ripple and the XRP token 5 years ago - bitcoinmagazine.com/articles/introducing-ripple/

Thanks for the good explanation. It makes a lot of sense why banks would push the price up to extend the lifespan of their investment. Do you think their method of accumulation will be much like bitcoin, with the consistent bart trend to shake weak hands? Also, what kinds of mainstream adoption with ripple are regular people going to expect?.Also, extra question is how do banks prefer to pump the coin? Over exchange or through some sort of middlemen?

Aww man you lucky. I only have 15 ripples! Ripples is the best! Thinking about selling my 17 Verge to buy more ripples.

too bad banks dont actually need to buy xrp because all they really need is the tech. probably why the developers said it wasnt an investment vehicle and people shouldnt expect it to go up in value

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tell me user, how much XRP are you holding?

imagine getting dumped on by ellen lol

They don’t “need” it, yet.

Banks can save 30-40% with xrapid currently; however, once there is more liquidity, all it takes is one mainstream bank to hop on board to save another estimated 10-20% which mean banks will save 50-60% compared to the currently system.

No bank wants to have a competitive disadvantage. With the 100+ partnerships ripple has, all it takes is one bank or remittance company to make a “ripple” effect.

The first adoptive will have a competitive advantage. No competing company will want to be at a competitive disadvantage, thus, mainstream adoption.

I don’t think banks will Bart XRP, it’ll make more sense for them to buy, hold, and use. Barting will allow another competing bank to accumulate the original banks XRP. It’ll be much safer for them to buy, hold, and use.

The everyday man will potentially be affected by having money transfers immediately with cheaper fees, much like banks. For example, look at Santanders new app using XRP. Banks still make money because we use their system, we save money when using said system, and we’ll use their system more thus making banks more money. It’s a win-win.

I don’t see banks pumping the coin, but it’s entirely possible. If they do pump it, I don’t think it’ll be through exchanges, but more from propaganda and advertising getting the normals to accumulate more which will create scarcity that will ultimately increase XRP’s value, ie the dec/jan exposure XRP got via media

So who will primarily be driving the price up, people or the banks? Because the price right now is set through exchanges

I see a symbiotic relationship between the people and the banks driving up the price.

The people will mainly be used to develop more liquidity which is needed for banks to use XRP while the banks will mainly create scarcity. Banks and remittance companies won’t be using XRP to trade, they’ll be using the digital asset to save money. There will be bagholders in the normal population, but the banks and remittance companies will be the ultimate bag holders since they’ll be buying, holding, and USING XRP until it’s all ultimately burned or until better tech comes along combined a marketing team as successful as XRP.

XRP has been in development since 2012 and disruptive tech is always slow to adoption, so I don’t see a better tech being adopted for another 10+ years as a conservative estimate.

Stop it. No matter how hard y try those brainlet still refuse to understand it, there is no use in explaining to them when the time come they will fomo in and we all gonna dumb our bags on them.

Fuck off pajeet. If you want XRP to increase in value, it needs to be used by banks like he says. It also needs to be liquid, meaning people are going to have to want to buy and use it. Nobody wants to be dumped on pajeet. You lose out if you dump your bags on something that's going to be adopted and used.

honestly if the market will price this asset at 60 cents and speculate it to 3 dollars how the fuck will banks rely on this to transfer fiat if the recieving bank recieves ripple and the price goes down on the asset? just think how the banks will consolidate their balance sheets each and everytime moving traditional fiat with this digital asset

all the banks signed up foe ripplw are trialing xCurrent, which doesnt need or use the XRP token. only 2 out of the hundred banks are using xRapid

You know what banks hate. Volitle fucking assests. XRP is a fucking pipe dream. Banks will use the tech until something else comes along. They arent going to hold a bunch of xrp when the price swings more than ops mom

Agreed 100%. i work for the largest US bank i wealth management, and yes XRP as of now i a pipe dream.

not a long term investment until i see more xRapid adoption and regulation clarity on crypto overall..., but if you want to trade this volatile asset with high liquidity knock yourself out.

Are you me?

this is why crypto is failing.
the one coin that has actual corporate adoption everyone tears apart because they are holding bags of another coin. fucking rats all of you

And he is related to George Soros

You know what banks love? Saving money.

There are literally 10’s if trillions locked up in nostro/vostro accounts that banks could use toward other investments if they’re no longer needed.

How many more transaction will occur when it takes seconds to send money instead of days? How much will banks save when compared to the current system.

Do you know what liquidity does or are you a brainlet? Why do you think a portion XRP is even allowed for the population to buy?

How volatile will the market be when the government cracks down, regulates, and eliminates pump and dump groups?

You’re fucking delusional if you think crypto will be unregulated forever.

How much will the price of XRP change in 1 second when Cobalt is implemented after the market is regulated?

I’m screen capping you so I can laugh daily at how pathetic you are when I’m rich from my smart decisions.

Fuck off poorfag

you are a thick skull fag
why dont you check facts instead of pulling data out of your butt.
rppl.info/
look for xrapid and xvia labels
the volatility issue has been discussed already

Proof?

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Easy, banks pump the coin to a good amount and put large buy and sell walls or use bots to keep the price stable

>clearly pay woman to pose in picture next to you
>be such a disappointment fat kike you have said bitch give you the mother of all hover hands

Some fucking Chad! Enjoy your scam shekel goy.

I don’t see banks putting up buy or sell walls.

A competing bank would gladly buy up the XRP to get an even greater competitive advantage. XRP is finite.

thats all you have to say against xrp?
thats it?
fudsters are getting desperate, all their shit arguments got refuted so hard that they now have to recur to personal attacks
also
she is a very known suporter, nobody paid her.
btfo once more

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I can’t wait for xrp to rocket.

All the contrarian fudster fucks will be scrambling to dump their shitcoins for xrp, having a panic attack over how mind-numbingly thick they are. “Oh noooo, i been a bad boi, i hab no ripul, plz gib me more time, i’ll be a gud boi, oh god plssss.”

if you follow her on twitter for a week you can see she is a shitbag. Fawning over rich guys and acting like a cunt to everyone thats not praising her. sad

i dont care what the fuck she does. the point is that nobody paid her to take that pic. the other way around, she asked david to for a pic with him
damn you are stupid as fuck, nothing of what you said in this thread made any sense, get out already, faggot

>sad
reality

Kek, xrp tards unable to refute this.

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are you retarded, banks aint touchin crypto until.its reguated. only insiders fucking with the orders on exchanges

wow you are steaming triggered over that sht. dude just give her some crypto if you want her that bad, maybe you should make a fan club or someshit lol

>anyone using ripple will just have to be ok with losing at least $2000 every time they use a new address
truly the currency of the future

excellent point user

Are you retarded? There are already banks in production using XRP.

>financial advisor

stopped reading there

You don't shift the power of the world by being friends and asking for permission from those who have power. You have to take it secretly/by force.
If we end up using a crypto that existing governments and banks accept, it means that nothing changed.

you are moron the volatility issue is not resolved.

by the way i am a licensed financial advisor for the largest US bank. i work at a fucking bank.
do you know how banks transfer assets to each other and how fractional reserve banking works?

banks are not going to use this volatile asset to settle traditional currencies anytime soon its too youbrainlet

so keep dreaming you delusional cuckold

right now everything is in guinea pigged. swift is also working on their own blockchain. so dont be so naiive

are you fucking retarded? do you think ripple is going to remain unregulated?

and for the record i am not pulling facts from my butthole. there are ONLY 2 small partners using xRapid (utilizes xrp) all the rest xCurrent (does not utilize xrp)

and why do i give a shit about xvia that doesnt use XRP token.

youve been cucked fagboi

I'm a bank director for the bank of america,
We are going to use Xrapid in the coming months,
do u not see the writing on the wall?
or are all you fudders to emotionally atached to your 'decentralized" shitcoins?
Multi Trillion dollar real world problem.
FIXED
nah not buyin, stay poor

oh god, yes, I’m jerking off over how poor people are volunteering to be

Please, continue to fud, stay fat, angry and poor

Oh god yessssssss

XRAPID USERS

Western Union
MoneyGram
Cambridge FX
Mercury FX
IDT
Cuallix
Viamericas

nice larp, you should be working not replying to Jow Forums fucking retard

Banks will (as a business entity) hold XRP but the main holders for XRP are market-makers (MM). Market-makers bridge currency pairs as well as XRP through arbitrage algorithms. To do that, they need to hold various currencies and XRP on the Ripple network (RCL). Profit in MM is greater with higher network utility, and will likely be very profitable given the volume of global remittance. While MMs themselves may be subsidiary of banks, it is more likely that they are managed like investment funds. Private investors will place money with these MMs (e.g. Japan-Asia MM Fund, India-Singapore MM Fund, Asia-Europe MM fund) for earnings. So in essence, profit is made from network utility and the risk of holdings are placed on the investors. Addressing volatility: The percentage volatility is high today simply because the number of participants (holdings of XRP) is comparably low. This can, and will likely be addressed through higher participation and thus pricing. If you look at bitcoin today, the % change isn't as high as other alt coins with lower participation. More participants, higher price, less volatility.

its all good its not like i can use my knowledge in traditional finance and apply the same knowledge in this emerging market.

gtfo pleb

false.
twitter.com/JoelKatz/status/1000770377851731968
twitter.com/Ripple/status/973414496227049472
twitter.com/bgarlinghouse/status/958063773985599488?lang=en
check again
rppl.info/

i'm sure you are only qualified to advise pajeets