Non Footy Chat Thread II

[Gronk]

https://www.cryptocoinsnews.com/mufg-ripple-blockchain/

http://www.afr.com/technology/nab-w...s-new-global-payments-network-20160915-grgz81

https://au.finance.yahoo.com/news/75-banks-now-ripples-blockchain-network-162939601.html

XRP hold 60% of all ripple coins. The remaining 40% are held by investors. I think the above and investors are driving up the price.

Yes yes I read the AFR and Yahoo links last night.

It confirms that banks have boners over blockchain tech.

Does not say that they are buying XRP but. Who are actually buying ripple and for what reason ? Other than speculation, how does my XRP increase in real value as they are not stocks or shares in the startup company ? If Ripple the tech company starting making money off blackchain global transactions like VISA, do I get a cut of it because I own XRP ? It seems not.

 

[Avenger]

zzzz

Better to just sell your arse on the wall ?

 

[Avenger]

Yes yes I read the AFR and Yahoo links last night.

It confirms that banks have boners over blockchain tech.

Does not say that they are buying XRP but. Who are actually buying ripple and for what reason ? Other than speculation, how does my XRP increase in real value as they are not stocks or shares in the startup company ? If Ripple the tech company starting making money off blackchain global transactions like VISA, do I get a cut of it because I own XRP ? It seems not.

Of course they have to buy it. They can't rent it to use it for a transaction.

 

[Gronk]

Of course they have to buy it. They can't rent it to use it for a transaction.

So how do you know that Mr Ripple just won't sell his technology to a bunch of banks or VISA and f**k you over. Who says they need your coins ?

 

[Gary Gutful]

So how do you know that Mr Ripple just won't sell his technology to a bunch of banks or VISA and f**k you over. Who says they need your coins ?

Good question.

 

[Gronk]

@Avenger --> I meant to post this earlier. My son (who is doing an IT degree) referred me to it. IBM are also forging ahead with the race towards blockchain, but remind me again how they need your ripple coins ?

https://www.ingwb.com/media/1609652/banking-on-blockchain.pdf

 

[hybrideel]

i work at IBM. You can't go a day without heading the words Watson, Agile and Blockchain.

 

[Bazal]

Where do I get some of these queefs, Gronk?

I can point you in the direction of some ladies of a lesser reputation if you'd like?

 

[Bazal]

Hey Twizz can we get the word filter to change the word Bitcoin to queef?

 

[Twizzle]

where do you buy queef ?

and don't say Nimbin

 

[Bazal]

You don't need to buy it in Nimbin. Just offer her a toke and she'll do it for free, if that's your thing

 

[Avenger]

@Avenger --> I meant to post this earlier. My son (who is doing an IT degree) referred me to it. IBM are also forging ahead with the race towards blockchain, but remind me again how they need your ripple coins ?

https://www.ingwb.com/media/1609652/banking-on-blockchain.pdf

What because IBM are doing it, ripple must be shit? That arrogance made Apple what it is now. The best.

 

[Gary Gutful]

What because IBM are doing it, ripple must be shit? That arrogance made Apple what it is now. The best.

Pissweak answer.

 

[Gary Gutful]

where do you buy queef ?

and don't say Nimbin

Stony Chute.

 

[Avenger]

Pissweak answer.

Better than those guide dog merkins that keep sending me shit.

 

[Gary Gutful]

Better than those guide dog merkins that keep sending me shit.

You got a problem with the blind, merkin?

 

[Avenger]

You got a problem with the blind, merkin?

I'm convinced some aren't blind. No dog can be that good.

 

[Gary Gutful]

I'm convinced some aren't blind. No dog can be that good.

Yeah, there are a few merkins that are milking it.

 

[Bazal]

Yeah, there are a few merkins that are milking it.

I wasn't aware you could milk dogs....

 

[hindy111]

Let me get this straight....

I decide to start up a virtual currency. I'll call them Queefs

I start a fancy website and and announce that I have mined 1 billion queefs and they are all worth 1c each.

You better be quick. otherwise they will go up.

I start fuelling fake news websites with fanfare about queefs. Some beardo bitcoin expert and self appointed queef expert says that queefs are the new big thing.

Merkins queue up like lemmings to get their queefs before they through the roof, cos when they are mined again they are bound to be worth more next time around. Etc, etc.

Ripple is a pyramid or ponzi scheme IMHO.

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Are you calling Avenger a lemming?