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[Finance] The cryptocurrency (Bitcoin etc) thread



Nigella's Cream Pie

Fingerlickin good
Apr 2, 2009
1,124
Up your alley
That could be construed as 'financial advice' by some - so I'd rather not.

I would encourage you to look up Ripple, their seats with the WEF, IMF, Central Banks, the Digital Pound Foundation, Digital Euro, the fact they're on the board for ISDA, their work with most of the World's Central Banks, their upcoming Stablecoin (RLUSD) which will probably usurp Tether USDT, and the 1700 NDA's they have signed with Banks and Institutions. The Banking licences they have around the world, the fact that most of their board have come from the Elite companies and financial institutions, and their Director Rosie Rios is the former treasurer of the United States (with her signature on the $100 bill). Their board is literally the Harlem Globetrotters of the corporate world. Would they all put their good names and spotless reputations to a rug-pull? D'ya think?

Ripple still have 45 Billion XRP in escrow and their own accounts, so I'd say it's in their interest for the token to do well. They are also laser-focused on the XRPL and are constantly adding new features to be used in the near future.

So, you could say it's all a scam and it's going nowhere... or maybe not.
For reality check, follow Klaus on youtube
 




Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,166
Eastbourne
XRP army always good for sentiment. if they give up we're truely hosed. :lolol:
I hold a number of other Crypto's. I'm not XRP Army at all. I see a future for XLM, HBAR, Quant, Vechain, IOTA, XDC, Arbitrum, Axelar, Flare, Velo and others.

However, if someone made me choose just one - it'd be XRP every time.

Oh, and the old "Laser Eyes and Diamond Hands" saying is a Bitcoin one, FYI.
 


Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,166
Eastbourne
XRP army always good for sentiment. if they give up we're truely hosed. :lolol:

How is this "sentiment" ?!! It's facts. :facepalm:

Stone cold, hard facts, researchable on the internet and from a plethora of official government and institutional documents released around the world - in PDF, too!

Does Satoshi Nakamoto have a seat at the table with the World's Banks and Financial Institutions? No, he's a fictional character. Nobody knows who made Bitcoin (well, it was the CIA, but...)

Does Vitalik Buterin appear at DAVOS and speak to the World Economic Forum and the Bank of International Settlements? Nope, he probably stays at home and eats pizza in his pyjamas whilst knocking one out to SBF's ex.

Yet these are the top two cryptocurrencies by market cap! And people snort at Ripple and XRP. :shootself

Look at what goes on behind the scenes - not what clickbait knobheads on YouTube say, and what you read on t'internet.




But yeah.. Laser Eyes and Diamond Hands. I just made all the above up. Real world use cases, coming down the pipes, with full regulation....
 
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beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,879
...Yet these are the top two cryptocurrencies by market cap! And people snort at Ripple and XRP. :shootself
yea, that's the problem there. Ripple and XRP, get merged togther when they have opposing interests. Ripple doesn't need XRP, fact they want a stable coin makes it redundant. sorry. XRP is just another L1 competing with far too many others, many of which have better profile and buy in from developers, who drive interest through apps.
XRP will go up sure but not a market beater, will underperform as old bag holders sell off into higher prices. not the only one, anything on 3rd cycle wont do so well, including BTC and ETH.
 


Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,166
Eastbourne
yea, that's the problem there. Ripple and XRP, get merged togther when they have opposing interests. Ripple doesn't need XRP, fact they want a stable coin makes it redundant. sorry.
XRP will go up sure but not a market beater, will underperform as old bag holders sell off into higher prices. not the only one, anything on 3rd cycle wont do so well, including BTC and ETH.
With respect, you've just demonstrated you know nothing about the XRP Ledger, Ripple, or XRP.
 




RandyWanger

Je suis rôti de boeuf
Mar 14, 2013
6,540
Done a Frexit, now in London
From the Bank of America re a real-time net settlement by distributed ledger system.

Screenshot 2024-09-06 at 17.32.51.png
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,879
With respect, you've just demonstrated you know nothing about the XRP Ledger, Ripple, or XRP.
so tell me what's the primary driver for XRP use if they are using stablecoin for transfers; how does it accrue value?
 






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