Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
windjc
on 04/01/2018, 19:54:41 UTC
Quote from: ParabellumLite on January 04, 2018, 07:53:32 PM
Quote from: windjc on January 04, 2018, 07:43:43 PM
Quote from: ParabellumLite on January 04, 2018, 07:12:54 PM
Quote from: itod on January 04, 2018, 06:01:43 PM
Quote from: Asrael999 on January 04, 2018, 05:45:35 PM
So if I remember correctly Ripple labs own what 50billion XRP giving them a market value in the $175bn area or rough 3.5 Tesla's, 3 general motors or slightly less than 1 Volkswagen, why buy a Lambo when you can buy the company that makes them.

Mind boggling, isn't it? It gets worse when you consider they have a product with 0 actual use anywhere, and questionable technology which can be hardly called cryptocurrency at all. My only fear is that their doom and fall to abyss will have devastating affect on average Joe's trust in crypto.

Indeed, let us forget all the deals with banks Ripple made - like the one with SBI. Or the fact that Ripple will use its technology for credit card payments.
Just one example here: https://ripple.com/insights/american-express-joins-ripplenet-giving-visibility-and-speed-to-global-commercial-payments/
Here's more: https://www.cnbc.com/2017/12/27/ripple-jumps-after-news-of-link-to-some-japanese-credit-card-companies.html

Really, it is so easy to pick out the guys here that haven't read up on Ripple in ages, or just read whatever false information they find out there on Twitter. There is nothing 'mind boggling' about Ripple's rise: it makes total sense, if you actually took a good look at what is going on. Not to mention that the accusation 'with 0 actual use anywhere' could more or less be let loose at BTC, which is nearly exclusively being held for speculative purposes, but I'll just let that one slip.

If Bitcoin's funeral is indeed to start after this pennant closes, I think the flippening could happen as soon as around January 20th.  Not that it matters much, but quite a few people here care about it - so there you have it.

You havent read the DETAILS. All of these projects are experiments. No one has decided to use Ripple after testing it.

Please name ONE major company or bank that has greenlighted Ripple use.

Will a group of banks do? SBI is the name of the game in that case.
Start informing yourself from this point onwards: you might actually see the value in it as well. That being: if you are open minded enough to do so. That's my challenge to you.

SBI is not using Ripple in any commercial case.

You can of course prove me wrong by showing the on-chain transactions that are resulting from this use Smiley

BTW, looking back at your post history, I enjoyed seeing nothing but Bitcoin bearish posts since 2014. Good job on the gloom and doom. LOL