1 MILLION EUROS ON XRP

1 MILLION EUROS ON XRP ODL

AND ITS ONLY 3 AM

THIS IS WHAT ADOPTION LOOKS LIKE

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elevenews.com/2020/05/24/ripple-says-new-platform-designed-to-let-xrp-holders-be-their-own-bank-2/
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Let's pretend I have an IQ below 80. Is this good or bad?

are there no XRP holders on the board? This is the biggest news in a while.

oh well

this is extremely good. Ill dumb it down.

Lets say im a europoor bank.
I need to convert euros to dollars.
In order to do this, i have to have pre funded banks will a bunch of euros and dollars in order to convert currency
This takes days of prep and slow as fuck
Wouldnt you rather just convert currency instantly instead of having prefunded accounts with a bunch of cold cash?
XRP allows you to get rid of your prefunded accounts and just convert currencies directly

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Sounds like an utility token for banks; not an investment

Price is going to rise as ODL volume increases.

Until you want to transfer money to a bank that doesn't accept your mickey mouse token as settlement.
XRP brainlets deserve to stay poor.

Still 19c

Would the 20 xrp used to create a wallet be considered prefunding?

Why are you so dedicated to the flawed system of banking- if there is any problem worth solving it’s that one-

Purely realism. Ripple's tech might be used by banks but the token is fucking useless.
As a bank, I would never entrust my entire settlement layer to some turbo kike derisking billions of coins into the market.

>Bank refuses to use technology that saves them money and speeds up the entire process for both them and the consumer
>Consumer takes their business elsewhere
It's already happening in Australia with FlashFx.

>Can't comprehend a long-term vision where Ripple & its founders only have like 5% of the supply.
Don't discredit the concept of realism by pretending to be an authority on it.

market shrugs

fuck this piece of shit coin and all the fucking coons shilling it

Token. Not. Needed. For. Ripple. Tech.
A long term vision where the team keeps dumping into future bagholders for another decade, keeping the price lower than it is right now.
Yeah let me just invest in this RIGHT NOW before it's too late.
Ripple is probably the niggest coin in the top 100.

They also have the opportunity to capture the market of the unbanked- because xrp gives the individual the utility (if they so choose) to become their own bank through something like say a Xuum wallet

elevenews.com/2020/05/24/ripple-says-new-platform-designed-to-let-xrp-holders-be-their-own-bank-2/

seems to me like you should abandon the sinking europoor ship for the usd chad destroyer rather than buy xrpoo

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Except ODL needs XRP to function? And people like Jed aren't even allowed to dump more than a fraction of the volume.

The fact that you take this seriously is enough reason to not reply to you again.
Ripple is the dumbest risk/reward play in crypto aside from obvious scams like ESH and DAG and whatever the fuck else is being shilled by jeets today.

because no other crypto wallet ever designed can send coins from one address to another

fucking piece of shit kike scammers and their bullshit discord tranny shillbots I hope you all fucking die in a fire

>people like Jed
>multiple people including Ripple themselves
>constant sell pressure on an overvalued centralized database
Bad investment. It will NEVER be worth more than a dollar again.

All bagholders will be able to sell with profit.

>Not allowed to dump more than a fraction.
>Only allowed to dump billions per month.
Goddamn kikes
Every damn time.

It's not billions per month, it's just 1 billion per month for the next 35 months.

assuming that billion gets bought, which has NEVER happened, then it is put back to the escrow at the end. At the current level of "distribution" it will only take them 21 years to dump them all. That means non-stop selling pressure every day for the next two decades, not counting the private holdings of devs. If this shit doesn't get confiscated by the FED or something, it will languish in penny territory for the rest of the natural lifespans of most currently living people.

Good luck with this kike bullshit scam everyone!

my god, get a load of the seething fudders itt. This is some of the most bullish news in a while; much more significant anything else happening in crypto. And theyre still debating if XRP is needed? Are you fucking kidding me, kek
Cant wait until they finally get priced. ODL is so high now, it might be impossible for XRP to ever fall below 10 cents again knock on wood

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>token is useless
you dont understand XRP. You are literally too dumb to understand this image >jed dumping affects the price
you have no idea what youre talking about

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you have no idea how odl works. Odl already finds exchanges that "accept mickey mouse tokens". its not the bank accepting XRP
Exchange A sells you XRP for x amount of euros
said XRP gets trandferred to exchange B
Exchange B sells XRP in desired currencies.
That is liquidity. And its much more than a mickey mouse token. If you did this with ethereum, it would take hours per an exchange

Anyone else think the supposed price suppression could be tied to the lawsuit? The second a US judge says that it's not a security, I feel like it's going to go past ATH.

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>just now realizing the deep state is surpressing XRP
no shit you retarded nigger. XRP was literally approced by the US government a week ago to be an authroity on reimittance. And of course the the (((crypto community))) ignored it

Have you ever noticed how borderline retarded the fud itt are?
Have you ever notice how the crypto community loses their shit over the smallest things involving ETH and LINK?

give a read

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I am speculating on XRP for the one fact that its the one (((they))) control. They could pump it up to $1000 a coin, and create new wealth for them out of nothing.