user made me so mad with his ignorance I've decided to fight you with words. post a question and i'll reply to it.
Answering questions on ripple only
Landon Nguyen
Jayden Reyes
i feel sorry for you OP. Page 3 nobody cares. I saged this by the way.
Charles Brooks
it's ok, there's a lot of threads and i'd rather not talk to too many people
Connor Gray
>post a question and i'll reply to it.
1-Why in the fuck does anybody buy that shitty coin?
2-It's not even a blockchain right?
3-don't they hold like all the supply?
4-is anyone in the real world actually using them for anything at all?
Jayden Watson
Ripple's goal is for XRP is to become the world reserve currency. Would this mean that the valuation of the token could be considered an abstraction of broad money (M3)? This would give it a value of somewhere around a $2K per coin, which is somewhat outlandish when you think about how high that market cap would be.
Liam Reed
Why is ripple the technology and ripple the coin two different projects?
Why does the owner get to sell his premine incrementally while holing billions of tokens?
Jordan Watson
1. due to Hopium or because they align themselves with the Ripple vision
2. Correct. Xrp is a digital asset and as such has a lot more maneuverability and flexibility.
3. Originally opencoin (Xrp) was created by David S. and team and then gifted 80% to the company Ripple.
4. No. At the moment Ripple the company has positioned itself to succeed in their vision. They were working with Western Union but we're ignored because they don't pose a threat to anything or anyone. In response Ripple made the business decision to corner WU by providing MoneyGram with the resources and toys to make it competitive. Both Ripple and MoneyGram are ready but have yet to do anything.
James Cruz
the valuation of Xrp per token will depend on the value of the scarce asset the XRPL decided to use. It could be an abstraction of broad money but the XRPL is capable of much more.
Marketcap is a great point of reference but gets blown out of the water rather easily don't you think?
Julian Rivera
>Marketcap is a great point of reference but gets blown out of the water rather easily don't you think?
Can you expand on this? I'm not sure I understand what blows it out of the water.
Caleb Myers
I time stamped a video for you to watch
youtu.be
xrp isn't pre-mined. it was created out of the code once and could only happen once. all the xrp in existence has been created.
Jed gets to sell his coins because they belong to him. Unfortunately Jed gets his Xrp from ripple like a paycheck due to the contract they agreed on in court. he may own billions of Xrp to his name but he doesn't possess them all at once. he sure dumps them all at once though.
Sebastian Wood
Dude shut up. Ripple is a centralized shitcoin. The founders hold all the supply. Just sell and get a blockchain with a future like btc or eth. It’s embarrassing you are still shilling xrp after 2017.
Juan Allen
not sure if you mean XRP's marketcap or the marketcap of the crypto-industry as a whole.
XRP's marketcap sits at 9x billion dollars with it being 130x billion dollars at all time high at 4 ish dollars. the total market XRP can have (and i mean full bloom new banking system vision complete, mission success) would be the total debt of every central bank that connects from one nation to the other. so long as they already had a relationship you can count their debt to your marketcap ceiling. quick math that's around 40 trillion in central bank debt alone (remember not all debt is bad.)
the crypto world as a whole can have its market cap btfo because of new projects, new suckers, old players leaving, most importantly the meta the exchanges have established to use the halvening in their favor. loads of factors play in the marketcap to move violently.
Christopher Long
9k faggot, you fomoing in yet?
>wit da ignant
get off your horse dipshit and lets discuss this
Christopher Adams
>xrp isn't pre-mined
ripple agreed with the DOJ that it was premined. You must be either misinformed or dumb, maybe both actully.
This shitcoin is dead, 1.75MM USD in OTC sales, in 3 months.
ripple.com
InB4 muh they wanted to slow down sales
before an IPO, yea, thats fuckin dumb. they should be showing the highest p/e possible.
Its funny when you paid shills get BTFO & start a new /thread.
Angel Brown
yes, xrp the digital asset lacks coin distribution and is centralized in the hands of ripple the company who took steps to ensure that their share had to be put into escrow and other shares were divided accordingly. Ripple does suffer from coin distribution.
Ian Myers
are you talking about ripple? or bitcoin?
the real price of bitcoin is around 7.2k do with that what you will. hate btc. centralized, corrupted p2p system.
Cooper Smith
>Ripple agreed with DOJ
fake news
you must be the only man in the world who figured out how to mine XRP. don't let this opportunity to pass you by. You're going to be rich.
Nathaniel Wilson
i posted this in the other thread but you didn't seem to have a response.
did they cut sales due to projections allowing them to get ahead of the PR curb?
did they cut sales because their network has sufficient start up players to get the network decentralized?
did they cut sales due to their series C funding?
not that an answering to any of these would give you anything of meaning. What you have to ask yourself is: what is the scarce asset that will back xrp on the XRPL.
will it be one asset?
will the backing asset be bundled with other things that transfer value from a to b?
maybe the XRPL will use everything that passes through it to give the xrp token volatility
Jeremiah Harris
Why bother telling anyone actual facts about XRP?
Let them get their info from twitter/youtube wolves and be herded around.
When XRP moons out of nowhere and youtube/twitter flip the switch and start pumping XRP they can FOMO in with everyone else right?
Daniel Bell
>kekekekeke keep selling
>kekekke keep listenin to twitter/youtube shit on XRP
>keekkek sell me YOUR bags.
Leo Collins
>being actually retarded
3. The currency of the Ripple network, known as “XRP,” was pre-mined.
fincen.gov
The only thing fake is you, you fuckin cunt
Isaac Young
I ran a youtube channel that had 0 fomo and all facts with accurate predictions and it went fucken no where. let me have this.
Luis Peterson
pre-mine... mine some more. post-mine too. hey what kinda hardware do you use to mine xrp. we're all curious
Joseph Hill
>using the term pre-mined on a non-minable crypto
Stop embarrassing yourself, nobody even claims xrp wasn't instaminted
James Johnson
seems there's no more questions so i'll leave you all with one last bit of fun info
Aaron Thomas
and if anyone is looking for a bear I suggest looking at who follows who on coil and cinnamon
Luke Ross
Are traps gay?
Ian Ramirez
yes
Luke Hernandez
Did that guy ever get compensated for having his XRP frozen by Ripple?
Leo Russell
go to 20:52 the creator himself will show you exactly how assets move on the ledger.
as far as some user who got his funds frozen, I don't know who you're talking about. If you don't hold your coins on your pc you don't own your coins.
Adrian Flores