Current Events > Crypto General #15: Stop Whining

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Turtlebread
01/18/18 10:37:11 AM
#257:


I wonder how it feels to have sold out completely during that dip
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closetkpopfan
01/18/18 10:38:52 AM
#258:


Probably not good lol. Who was that guy saying he was predicting it was going to drop another 50% and we should all sell? Was it that fluffy troll?
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ItsYourFault
01/18/18 10:40:05 AM
#259:


Im happy to see a rebound a bit
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ItsYourFault
01/18/18 10:41:51 AM
#260:


closetkpopfan posted...
Probably not good lol. Who was that guy saying he was predicting it was going to drop another 50% and we should all sell? Was it that fluffy troll?

Or sandman
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Crayon_Lover
01/18/18 10:53:11 AM
#261:


closetkpopfan posted...
Probably not good lol. Who was that guy saying he was predicting it was going to drop another 50% and we should all sell? Was it that fluffy troll?

This was his advice 24 hours ago lol

@FLUFFYGERM posted...
This crash will continue until it gets even deeper. Probably another 50% of the current values. Possibly more if we get there really fast and more people panic sell.

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FLUFFYGERM
01/18/18 11:00:10 AM
#262:


i mean the coins did all drop by what, 75% total? lol stay mad
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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closetkpopfan
01/18/18 11:03:39 AM
#263:


No they dropped around 50% total, you then said they'd drop another 50% on top of that. Just admit it, you don't have a clue what you're talking about.
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ItsYourFault
01/18/18 11:05:33 AM
#264:


FightingGames posted...
nice. 400 ALQO monthly = $867.65 CDN monthly. I could retire as a NEET right now

Sweet
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Crayon_Lover
01/18/18 11:05:46 AM
#265:


closetkpopfan posted...
No they dropped around 50% total, you then said they'd drop another 50% on top of that. Just admit it, you don't have a clue what you're talking about.

No bro, you're just mad!! lol
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FLUFFYGERM
01/18/18 11:16:52 AM
#266:


Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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FLUFFYGERM
01/18/18 11:20:47 AM
#267:


https://coinmarketcap.com/currencies/bitconnect/

This is not normal. Everyone knew that bitconnect was a scam long ago, and the team's official collapse a few days ago caused it to crash from a high of $400 super fast. The fact that it is surging this much is clear evidence that the crypto market is being saturated by whale money in another pump before another massive dump.

Careful.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CiIantro
01/18/18 11:46:29 AM
#268:


FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said Ripple will easily be worth 3x the value of Apple by year end. LOL
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FLUFFYGERM
01/18/18 11:47:57 AM
#269:


CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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Guerrilla Soldier
01/18/18 11:49:39 AM
#270:


g g g g
gainz
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Disclaimer: There's a good chance the above post could be sarcasm.
Die-hard Oakland A's fan --- Keep the A's in Oakland!
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Oranges2Oranges
01/18/18 11:54:19 AM
#271:


FightingGames posted...
nice. 400 ALQO monthly = $867.65 CDN monthly. I could retire as a NEET right now


I haven't paid much attention to the Master Node thing but do they really pay out that much? I have a chunk but never put in enough for that. Might be worth it to finish up and set one up since that barely got touched by the dip.
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SIG
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ItsYourFault
01/18/18 11:55:39 AM
#272:


I regret not buying factom when it halved
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CiIantro
01/18/18 11:56:42 AM
#273:


FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

If you honestly think ripple could reach a $3 trillion valuation by year end, you shouldnt be playing with crypto.
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FLUFFYGERM
01/18/18 12:01:26 PM
#274:


CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

If you honestly think ripple could reach a $3 trillion valuation by year end, you shouldnt be playing with crypto.


Why can't it? It went from a market cap of 220 million to 120 billion in about a year and a half. That was before the type of widespread adoption it's poised to gather this year. It could easily grow at the same rate, assuming crypto doesn't collapse before then.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CiIantro
01/18/18 12:04:48 PM
#275:


FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

If you honestly think ripple could reach a $3 trillion valuation by year end, you shouldnt be playing with crypto.


Why can't it? It went from a market cap of 220 million to 120 billion in about a year and a half. That was before the type of widespread adoption it's poised to gather this year. It could easily grow at the same rate, assuming crypto doesn't collapse before then.

Because that is over 6x the value of bitcoin at its peak. And over 4x the total value of all crypto currencies combined. LOL
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FLUFFYGERM
01/18/18 12:07:00 PM
#276:


CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

If you honestly think ripple could reach a $3 trillion valuation by year end, you shouldnt be playing with crypto.


Why can't it? It went from a market cap of 220 million to 120 billion in about a year and a half. That was before the type of widespread adoption it's poised to gather this year. It could easily grow at the same rate, assuming crypto doesn't collapse before then.

Because that is over 6x the value of bitcoin at its peak. And over 4x the total value of all crypto currencies combined. LOL


The value of Bitcoin at its peak doesn't matter. Ripple has FAR more uses than Bitcoin ever will. And there's no reason why Bitcoin's peak needs to remain the upper limit of what other cryptocurrencies can achieve lol.

No one would've expected any of these coins to be worth even in the hundreds of billions of dollars. To have one or two of them replace gold as a store of value is feasible. Gold has a market cap of around 7 trillion last I checked.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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Turtlebread
01/18/18 12:08:39 PM
#277:


Oranges2Oranges posted...
FightingGames posted...
nice. 400 ALQO monthly = $867.65 CDN monthly. I could retire as a NEET right now


I haven't paid much attention to the Master Node thing but do they really pay out that much? I have a chunk but never put in enough for that. Might be worth it to finish up and set one up since that barely got touched by the dip.


Yep, it pays out even more if you run a masternode by yourself

1125 ALQO a month at the current rate.
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CiIantro
01/18/18 12:18:03 PM
#278:


FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
CiIantro posted...
FLUFFYGERM posted...
Bitconnect, a known scam shit coin, surged 240% in the last 24 hours.

This is stupid money flowing back in. I am not eager to reinvest because this is clearly not sustainable or sane.

Sorry guys. I might've been wrong about how long the crash would last but the signs are all there - this is still a bubble and the amount of money flowing in is still too high. Don't get burned by what is an obvious temporary pump..

Says the guy who said that Ripple will easily be worth 3x the value of Apple by year end. LOL


When Bitconnect goes up 240% in a day, anything is possible in crypto. Don't underestimate the value of something that can replace gold. In any case, crypto is still immensely overvalued and the only way it'd replace gold as a store of value is through hype and market manipulation.

Like how a single person was responsible for Bitcoin's first astronomical ascent.

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

If you honestly think ripple could reach a $3 trillion valuation by year end, you shouldnt be playing with crypto.


Why can't it? It went from a market cap of 220 million to 120 billion in about a year and a half. That was before the type of widespread adoption it's poised to gather this year. It could easily grow at the same rate, assuming crypto doesn't collapse before then.

Because that is over 6x the value of bitcoin at its peak. And over 4x the total value of all crypto currencies combined. LOL


The value of Bitcoin at its peak doesn't matter. Ripple has FAR more uses than Bitcoin ever will. And there's no reason why Bitcoin's peak needs to remain the upper limit of what other cryptocurrencies can achieve lol.

No one would've expected any of these coins to be worth even in the hundreds of billions of dollars. To have one or two of them replace gold as a store of value is feasible. Gold has a market cap of around 7 trillion last I checked.

Yeah ripple is so usefulespecially since banks dont actually have to buy the coin to use the platform. Either way though, claiming that any coin can easily hit a $3 trillion market cap by year end is an obvious pump. You are either dishonest and are trying to get people to make decisions that will benefit you, or you have no idea what you are talking about. I find it hilarious that 24 hours ago you were predicting total collapse and today you are predicting a $2.94 trillion increase in a single coin by year end lmao.
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FLUFFYGERM
01/18/18 12:26:15 PM
#279:


It'll go in one of two directions - to 0 or to New Gold numbers.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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Kazi1212
01/18/18 12:26:57 PM
#280:


Banks dont even need to use the Ripple token to use the Ripple system. Ripple is the biggest scam in the crypto world right now, the writing is clearly on the wall
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CookieMarvin
01/18/18 12:28:38 PM
#281:


fuck ripple say it one time
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FLUFFYGERM
01/18/18 12:30:17 PM
#282:


Ripple (the company) maintained in their white paper (and still maintain) that banks will benefit tremendously from using the XRP tokens directly. Go read the whitepaper. Banks are experimenting with not just the network, but the tokens themselves.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CiIantro
01/18/18 12:31:38 PM
#283:


FLUFFYGERM posted...
Ripple (the company) maintained in their white paper (and still maintain) that banks will benefit tremendously from using the XRP tokens directly. Go read the whitepaper. Banks are experimenting with not just the network, but the tokens themselves.

Yeah, and rumor is that banks dont like it.
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FLUFFYGERM
01/18/18 12:33:56 PM
#284:


A rumor pulled out of the depths of your ass. Whereas real information shows otherwise:

https://www.cnbc.com/2018/01/11/moneygram-to-test-payments-with-ripple-xrp-cryptocurrency.html
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Oranges2Oranges
01/18/18 12:40:02 PM
#285:


Turtlebread posted...
Yep, it pays out even more if you run a masternode by yourself

1125 ALQO a month at the current rate.


Damn.... If I get lucky and everything I had recovers to where it was and ALQO doesn't go too insane soon I might need to get in on that. Didn't realize they were so generous there.
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SIG
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Turtlebread
01/18/18 12:40:34 PM
#286:


xRapid (one of the many services that Ripple company provides) requires the XRP token.
XRP is one of the more legitimate cryptos at the moment as far as I'm concerned.
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FLUFFYGERM
01/18/18 12:42:57 PM
#288:


Turtlebread posted...
xRapid (one of the many services that Ripple company provides) requires the XRP token.
XRP is one of the more legitimate cryptos at the moment as far as I'm concerned.


Quite possibly the only legitimate one. Ethereum too but Ethereum in its current state is way too slow in order for it to be worth what it is currently worth. It's only at its current price because of hype. It shouldn't be worth more than $15 a piece, if even that.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CiIantro
01/18/18 12:43:55 PM
#289:


FLUFFYGERM posted...
A rumor pulled out of the depths of your ass. Whereas real information shows otherwise:

https://www.cnbc.com/2018/01/11/moneygram-to-test-payments-with-ripple-xrp-cryptocurrency.html

ngjQJCy

YEQZRQJ
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Turtlebread
01/18/18 12:47:54 PM
#290:


CiIantro posted...
FLUFFYGERM posted...
A rumor pulled out of the depths of your ass. Whereas real information shows otherwise:

https://www.cnbc.com/2018/01/11/moneygram-to-test-payments-with-ripple-xrp-cryptocurrency.html

ngjQJCy

YEQZRQJ


The bank this dude allegedly worked for already responded to this.

https://www.finder.com.au/ripple-leak-controversy
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FLUFFYGERM
01/18/18 12:50:33 PM
#291:


lmao at Cilantro not even understand what Ripple is and then believing some random Twitter bull shit
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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clearaflagrantj
01/18/18 12:51:36 PM
#292:


XRP is centralized

XRP is garbage

Enjoy your new PayPal
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CookieMarvin
01/18/18 12:51:42 PM
#293:


why would you even want ripple to succeed? the whole point of crypto is to get rid of banks but jabronis are lining up to give them power in this environment too. like,,, why
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CiIantro
01/18/18 12:52:06 PM
#294:


FLUFFYGERM posted...
lmao at Cilantro not even understand what Ripple is and then believing some random Twitter bull shit

You sound upset.
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Turtlebread
01/18/18 12:56:44 PM
#295:


XRP is only centralized in the sense that Ripple has locked away 60% of it in escrow. Anyone can run an XRP node.

The people yelling 'death to banks' are deep in the kool-aid. Killing banks was never the point of crypto. It's an emerging technology that may find use in the future, and if you want it to succeed then banks accepting crypto is one stepping stone on the way to that goal.
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FLUFFYGERM
01/18/18 12:57:02 PM
#296:


> clear complains about XRP being centralized

> you literally can't cash out any crypto whatsoever without going through centralized exchanges lmfao

get real, no one cares about decentralized coins. except maybe 1% of the total cryptobro population.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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FLUFFYGERM
01/18/18 12:57:20 PM
#297:


Turtlebread posted...
XRP is only centralized in the sense that Ripple has locked away 60% of it in escrow. Anyone can run an XRP node.

The people yelling 'death to banks' are deep in the kool-aid. Killing banks was never the point of crypto. It's an emerging technology that may find use in the future, and if you want it to succeed then banks accepting crypto is one stepping stone on the way to that goal.


b-b-b-b-b-but decentralization!!11111

b-b-b-bb-ut fuck the banks!!!11111
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Nightmare_Luna
01/18/18 12:57:30 PM
#298:


meanwhile im just looking at my bat
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Vento Aureo 469
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CiIantro
01/18/18 12:57:58 PM
#299:


Turtlebread posted...
XRP is only centralized in the sense that Ripple has locked away 60% of it in escrow. Anyone can run an XRP node.

The people yelling 'death to banks' are deep in the kool-aid. Killing banks was never the point of crypto. It's an emerging technology that may find use in the future, and if you want it to succeed then banks accepting crypto is one stepping stone on the way to that goal.


So 60% of the coins will be dumped on the market once they vest? I am sure the devs cant wait.
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Turtlebread
01/18/18 1:00:05 PM
#300:


CiIantro posted...
Turtlebread posted...
XRP is only centralized in the sense that Ripple has locked away 60% of it in escrow. Anyone can run an XRP node.

The people yelling 'death to banks' are deep in the kool-aid. Killing banks was never the point of crypto. It's an emerging technology that may find use in the future, and if you want it to succeed then banks accepting crypto is one stepping stone on the way to that goal.


So 60% of the coins will be dumped on the market once they vest? I am sure the devs cant wait.


No, those coins are given to banks to use. Which is the whole point of XRP at the moment.

That XRP is released at a rate of 1 billion per month, and is never dumped onto the market. In fact Ripple has been releasing this XRP for the last few months.
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AngelsNAirwav3s
01/18/18 1:00:58 PM
#301:


Remember the last few days how everyone was calling Ripple a shit coin
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CookieMarvin
01/18/18 1:03:44 PM
#302:


decentralization has always been a fundamental part of crypto. if youre just in it for fast gains, good for you, but you cant say it doesnt matter just because youre personally willing to keep throwing your money at banks
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FLUFFYGERM
01/18/18 1:04:41 PM
#303:


CiIantro posted...
Turtlebread posted...
XRP is only centralized in the sense that Ripple has locked away 60% of it in escrow. Anyone can run an XRP node.

The people yelling 'death to banks' are deep in the kool-aid. Killing banks was never the point of crypto. It's an emerging technology that may find use in the future, and if you want it to succeed then banks accepting crypto is one stepping stone on the way to that goal.


So 60% of the coins will be dumped on the market once they vest? I am sure the devs cant wait.


They could have dumped all of them already. And they've already been selling a portion each month to pay their employees.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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FLUFFYGERM
01/18/18 1:05:16 PM
#304:


CookieMarvin posted...
decentralization has always been a fundamental part of crypto. if youre just in it for fast gains, good for you, but you cant say it doesnt matter just because youre personally willing to keep throwing your money at banks


lmao this is a delusion my friend

nothing about crypto will usher in this magical decentralized utopia some cryptobros are wishing for. that's just bitterness about "da banks!!111" talking
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CookieMarvin
01/18/18 1:11:15 PM
#305:


FLUFFYGERM posted...
CookieMarvin posted...
decentralization has always been a fundamental part of crypto. if youre just in it for fast gains, good for you, but you cant say it doesnt matter just because youre personally willing to keep throwing your money at banks


lmao this is a delusion my friend

nothing about crypto will usher in this magical decentralized utopia some cryptobros are wishing for. that's just bitterness about "da banks!!111" talking

imagine unironically using the word cryptobro
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FLUFFYGERM
01/18/18 1:12:15 PM
#306:


CookieMarvin posted...
FLUFFYGERM posted...
CookieMarvin posted...
decentralization has always been a fundamental part of crypto. if youre just in it for fast gains, good for you, but you cant say it doesnt matter just because youre personally willing to keep throwing your money at banks


lmao this is a delusion my friend

nothing about crypto will usher in this magical decentralized utopia some cryptobros are wishing for. that's just bitterness about "da banks!!111" talking

imagine unironically using the word cryptobro


imagine unironically buying into grandiose delusions of decentralized free money for everyone
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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CapnMuffin
01/18/18 1:17:40 PM
#307:


I work at a bank and I can tell you right now AML and the BSA is in full tilt right now. Decentralized Crypto is the future but not for a long long while.

I invest in Ripple because I see it as a stepping stone to that point.
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