[ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments

[FUTURECRYPTO]

Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

[scambust]

Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

There is also Byteball,but all lattice/DAG types are all good in my opinion. Raiblocks has only one way but up if the devs keep on developing and adoption slowly comes in.

[fabi90]

I saved my seed on a pen drive and I also wrote it on a paper.
Then I did a clean install of my OS, installed the wallet, import the seed but only one address is now present in my wallet...

[deethe2]

Is is really worthwhile to hold 3400 xrb till the future?
Were they rlly sure xrb will rise or not get rejected? 

[deepblue01]

Hello all. I'm new to XRB and just wondering if someone can explain to me the utility of the XRB token given that the chain works on 0 tx fees? What do people need the XRB token for?

Also, did I read that correctly that the Dev's will be burning approx 205 million XRB?

Yes, the dev will burn all the remaining coins
RaiBlocks is designed from the ground up for scalable instant transactions and zero transaction fees.

yess. burning 205million XRB. its good news for XRB. but in other side this is also not good.
XRB gain alot popularity because of the faucet.
more people coming more popular and less xrb reward they get.

if theres no marketing plan for this XRB after XRB faucet end.
it will also no different as before.
popularity = demand to increase XRB value
no popularty = no demand and XRB value will go to ground

[deepblue01]

Is is really worthwhile to hold 3400 xrb till the future?
Were they rlly sure xrb will rise or not get rejected?  

iam not really sure. i just want to see how the dev marketing plan to replace xrb faucet till iam sure to buy more xrb

[Flomess]

Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

There is also Byteball,but all lattice/DAG types are all good in my opinion. Raiblocks has only one way but up if the devs keep on developing and adoption slowly comes in.

The only difference is that Byteball has fees while XRB transactions are without any fee.
The most comparable project might be IOTA but IOTA is, unlike XRB, not open source and uses PoW to valid conflictual TXs (limiting its possibile use / global security on small devices) while XRB uses delegate voting based on the holdings.

Now look at the marketcaps of IOTA and XRB.

I saved my seed on a pen drive and I also wrote it on a paper.
Then I did a clean install of my OS, installed the wallet, import the seed but only one address is now present in my wallet...

Just click "create new address" and you'll get back every address associated with your seed, one by one. And ofc you can create more

[Sp1derWeb]

Bitcoin maybe is the Goliath in the cryptoworld! But hey, RaiBlocks is the David!! So I say, arise and behold..

[Byte16]

I saved my seed on a pen drive and I also wrote it on a paper.
Then I did a clean install of my OS, installed the wallet, import the seed but only one address is now present in my wallet...

Check if your wallet is synchronized before import Seed. If wallet version is old, click at Advanced --> Accounts --> Add account

[FUTURECRYPTO]

Is is really worthwhile to hold 3400 xrb till the future?
Were they rlly sure xrb will rise or not get rejected?  

Yes. Someone like you was confused a few years back. He thought it might not be worth holding bitcoins which were worth a few cents as XRB today. Then he bought pizza with those thousands of bitcoins. Pizza was delicious. But he couldn't digest the pizza for his entire life. So moral of the story is don't be bitcoin pizza guy.  

[Sp1derWeb]

The only people that benefits from the Bitcoin craze are the early adopters, the scammers and the filthy rich investors. Here's a trivia: It took me a month to earn a 30K satoshi from a faucet and I'm jumping with joy to finally have a piece of the highly coveted Bitcoin (I was a noob then, well until now I supposed ) and then withdrew it to an online wallet service. After some time, I needed to withdrew that again to my newly created wallet only to find out that the transaction fee is even higher than my credits! . Why do we need Bitcoin who robs us with that high fees and super slow transaction??? It's only a matter of choice, and RaiBlocks is the answer! It's created for the people>>>> RaiBlocks! The people's crypto! <<<<

[Adriano2010]

What will be the total supply of XRB? On coin marketcap shows over 340 mil. total XRB supply. Will be the remaining coins burned and when will be burned?

[Sp1derWeb]

To know the status of the burnt coins click here.

To know the latest developments and be updated with RaiBlocks, join the forum here.

[JWH007]

Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

I understand your point regarding BTC. I'm not saying I think Tx fees are a good thing and I agree the BTC is bulky & slow, but my concern regarding XRB is that although the technology appears to be superior to BTC and IOTA, without some form of economic incentive for the user to adopt it, it may be difficult to grow the user base and usurp the BTC behemoth or even IOTA. BTC has the 'first-mover' advantage. I understand that zero Tx fees and instant Tx confirmations are the incentive for using XRB, but people are stubborn & set in their ways, so how do you grow the user base without incentivizing people to use it? To increase the value of XRB, you need to increase the user base. It's basically the 'chicken & egg' scenario. IMO, for tech's like XRB or IOTA, the only way to do that is through marketing,promoting and partnerships. IOTA does this, which is the only reason why they have their current market cap. I see in the Roadmap that there are plans to hire Community Managers, but does RaiBlocks have any additional plans for marketing & partnerships? The technology will speak for itself, but people need to hear about it & know about it.  

[lucisroxas]

what time project running again :3

[deepblue01]

What will be the total supply of XRB? On coin marketcap shows over 340 mil. total XRB supply. Will be the remaining coins burned and when will be burned?

according latest news it will burned about 200 million XRB

what time project running again :3

iam waiting for it too. hopefully dev team will announce it later

[BarkingHawk]

Bitcoin maybe is the Goliath in the cryptoworld! But hey, RaiBlocks is the David!! So I say, arise and behold..

XRB, or any crypto for that matter, doesn't have to defeat BTC in order to be successful.  There are already numerous examples of that.  People need to stop making that comparison all the time.

[lotfiuser]

Whats going on on faucet page they are asking me for username ans password

[praskoviyagpumi]

So... Just HODL 

[FUTURECRYPTO]

Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

I understand your point regarding BTC. I'm not saying I think Tx fees are a good thing and I agree the BTC is bulky & slow, but my concern regarding XRB is that although the technology appears to be superior to BTC and IOTA, without some form of economic incentive for the user to adopt it, it may be difficult to grow the user base and usurp the BTC behemoth or even IOTA. BTC has the 'first-mover' advantage. I understand that zero Tx fees and instant Tx confirmations are the incentive for using XRB, but people are stubborn & set in their ways, so how do you grow the user base without incentivizing people to use it? To increase the value of XRB, you need to increase the user base. It's basically the 'chicken & egg' scenario. IMO, for tech's like XRB or IOTA, the only way to do that is through marketing,promoting and partnerships. IOTA does this, which is the only reason why they have their current market cap. I see in the Roadmap that there are plans to hire Community Managers, but does RaiBlocks have any additional plans for marketing & partnerships? The technology will speak for itself, but people need to hear about it & know about it.  

You asked great questions. Ever since raiblocks started the entire focus of the amazing developers was fully on distribution through captcha. Now the distribution has ended, they are going to spend their valuable time on ioS/android app developments, XRB focused micro jobs website, high volume exchange listing etc. The XRB community is already so huge mostly Asian countries and Venezuela. There are lot of community volunteers coming up to accept XRB as currency in their countries. Many people who live in West were watching on XRB for the last one year but did not get into it because of high inflation issue. For any currency value to succeed, it has to be a good store of value. XRB will become a good store of value from now on. The community is booming and there are so many developments going on. We have a discord group. Link here. discord.gg/73Qmn4m . You are most welcome to join and ask any questions to the core developers.