/biz/ - Business & Finance

>>21920109
https://youtu.be/Lt3_-3xTMzw?t=661

>>21920109
cut your loses

lol

>>21920219
Courtesy of Jed McCaleb and R3! Enjoy!

>>21920154
The story of the Chinese bamboo tree.

There was once a man who felt discouraged. He took stock of the resolutions he made last year. Nothing in his life had changed. He was the same person with the same problems. He began to lose hope, so he went to speak to his mentor. The mentor asked.. "Do you know how long it takes for the giant bamboo to grow as tall as a building?"
"During the first year, the tiny plant is watered and fertilized.. and nothing happens.
It is watered and fertilized for another whole year.. And another.. And another.. And still nothing happens. Then on the fifth year, it shoots up to the sky. In six weeks the bamboo grows 90 feet. "So how long does it take for it to grow so high?"

"Six weeks" the man replied. "That's your mistake." said the mentor. "It takes five years."
"If the farmer stopped watering the plant at any point during those five years.. It would have died." What was happening during all those years.. Underneath the ground an enormous network of roots was developing to support the bamboo's sudden growth.
"Growth takes patience and perseverance." Every drop of water makes a difference. Every step you take makes an impact. You may not the see the change right away.. But growth is happening. Now ask yourself, what are you willing to do to make your dreams come true?
Are you will to do whatever it takes? Are you willing to take action? Are you willing to push past your fears and doubts? How much faith and believe are you willing to have? Decide. Act. Now!

>>21920515
Nice analogy but this is XRP. Years of claims and promises of adoption and 'It's the new SWIFT' yet none of that has made any difference to the price of all 45 BILLION XRP tokens and SWIFT is making moves to stay ahead. If you hadn't seen the writing on the wall by mid-2017 then I don't know what to tell you. And it's not solely that XRP is a scam making bankers and the team rich from normie buyers, but XRP is still trying to solve a problem from the past which will be made obsolete by newer tech emerging now. It's like Ford STILL tinkering with the original Model T in 2020 to keep it vaguely relevant. Even VW had the sense to kill the Beetle.

>>21920654
this is how low iq /biz/ is.

>>21920109
It's stagnate, overly discovered, and useless. It should be -100%.

>>21920654
>SWIFT is making moves to stay ahead
lol SWIFT cant do anything.
>muh SWIFT GPI
all experimental test runs that dont even solve the nostro vostra account problem. SWIFT is dead. The only bit of hopium SWIFT maximalists had was Chainlink would revive it, but with LINK integrated SWIFT would be more costly thanever.
Its fucked.

>>21920654
Ethereum will replace SWIFT, and there's nothing SWIFT can do. Just ask JP Morgan about the matter and they foresee this happening.

>>21920701
Ethereum can't run a cat collecting game, much less scale to global transaction requirements. Not to mention, its spokesman is an autistic anorexic Russkie.

>>21920654
>Years of claims and promises of adoption
We're still talking about Crypto right? Besides some companies investing a portion of their portfolio in Bitcoin, we haven't seen anything yet. There are not even yet clear regulations concerning crypto. Only a few weeks have passed since banks said they were looking into holding crypto.

https://www.youtube.com/watch?v=gipL_CEw-fk

>>21920829
this is why XRP will replace both.

>>21920829
I'm an xrp maximalist but don't dis money skelly, he's done a hell of a lot for the community - plus, he was originally trying to get a job at Ripple but couldn't cause of visa problems don't ya know

>>21921548
I've heard someone at Ripple saying he slept at the couch for a few weeks at Ripple back in the days. Also
>Flare is a network that integrates the Ethereum Virtual Machine in order to provide advanced smart contracts on the XRP network

>>21920109
Because you allow it to, dimwit

There is still some price discovery to be had, in the downward direction that is.
XRP is the opposite of DeFi, and DeFi is this bullrun's buzzword. Sorry.

Why do people still shill this garbage? I tried to fucking tell XRP bag holders 3 years ago to invest in LINK and ETH and they kept telling me I was retarded and I didn't know and XRP would be 2k EOY. You guys could've made it if you just listened to me now you're stuck with this turd of a coin.

>>21920109
Because it needs to have 100 billion mcap to reach 1$. Thats over 25% of the entire crypto marketcap.

>>21921749
Very bullish

>>21920109
You didn’t really take this kike coin seriously ...did you anon ?

>>21921548
He's made me money, just like Sirgay the money belly. For that, I'm grateful. Do I believe in either of their projects long term? Not really.

>>21922444
Checked triple fours of death

>>21920109
zoom out and it's up 4k% from the start, everything was overvalued in 2017 bull run. shit fud never selling

>>21920219
What is this? the minute timeframe?

>>21922135
nobody was saying that shit 3 years ago faggot

>>21921548
>he was originally trying to get a job at Ripple but couldn't
yes, and then he proceeded to steal the codius whitepaper and make an inferior crappy version that set all of the crypto world back by 15 years.
fucking dick.

>>21922610
Yes they were, are you new? The only thing they updated was their delusions, but it's always been the same 2k EOY shit and mass bank adoption. They only added the collapse of the dollar and backed by gold to their schizophrenia recently because they realize it'd take an act of God for this mass circulated coin to get above even $1.

>>21920872
Not crypto adoption; Ripple announcing various banks were trialling XRP. Santander dropped it; Bank of England dropped it.... etc.

>>21920690
https://www.forbes.com/sites/francescoppola/2019/02/10/there-is-no-such-thing-as-dormant-funds-in-banking/

>>21922135
They can't be told. I know Link holders are bad but at least Link has proven legitimacy and genuine big names behind it.

>>21922610
Yes they were, hence people astute enough to buy Link at 30c - 3 years ago.