Bitcoin Forum

Ripple Inc. selling XRP which have cost next to nothing to produce, that is a rip-off (scam).

Almost 80% of all Bitcoins have been mined and available to trade freely. Anyone can mine this revolutionary blockchain tech and get coins.
Ripple's Distributed Ledger Database XRP token is entirely sold by a centralized company.
Of the ~38% circulating supply, most of the free gifted xrp given to banks and partners are locked by contractual agreement.

No Bank will ever buy XRP's, only sell the free gifted xrp.
The only purpose of XRP is to transfer money out of XRP 'investors' pocked and into Ripple investors pocked.

On a technical side, XRP is presumably the only Token/Coin with the genesis block not being 0, genesis ledger is Number 32570. It proves it is not a decentralized blockchain.
You can not 'loose' part of a decentralized blockchain.

This is what happens when central database servers running out of disk space
Ledger 0 to 32569 lost for ever and Genesis at 32570 (https://ripple.com/build/ripple-info-tool/)

by contrast proper revolutionary new world changing blockchain technology
Genesis  at 0 (https://blockexplorer.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f)
https://i.imgflip.com/1sbbkz.jpg (https://imgflip.com/i/1sbbkz) (https://imgflip.com/memegenerator)

• The fact is that xrp genesis ledger is Number 32570 and not Number 0 and consequently can not possible be a decentralized blockchain as it would be impossible to loose part of a chain. Loosing part of the data is possible on a ordinary centralized databases.
  It is claimed that all this happened will the Database was still company intern only, no actually securities lost. Why data got overwritten, incompetent dev. lack of funding, carelessness...? Begs the question would an intelligent dev. not have started a new Database and not move ahead with a faulty one.  
  
• Fakt is over 50% of circulating supply got released on August 2014 at a key stroke and price or volume did not move.
• Fact is that the circulating supply has decreased from time to time (laughable).
• Fact is the company gifts XRP's to strategic partners, friends or bribe sites like coinmarketcap to list the database amongst crypto-currencies
• Fact is 95% of coins are not freely available to trade.
• Fact is a handful of entities hold 33 Billion out of 38 Billion circulation but not free available tokens
• Fact, Ripple Inc has contingency plan to become a software company if xrp fails
• Fact is Marketcap is wrong, the real Marketcap is less than 1 Billion
• Fact, Banks dont need xrp and  create there one DLT based database token. (Project Ubin)  (https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/financial-services/sg-fsi-project-ubin-report.pdf)
• Fact, it is 100% centralized as one company and one company only controls the XRP sales
• Fact, it is not a coin
• Fact, contractual agreements only affect Ripple and have nothing to do with xrp.
• Fact, from Ripples technical operations a single xrp works as well as 100 000 000 000 xrp
• Fact, 'Hodor7777' the Ripple investor continually fleeces xrp investors by convincing them their money is better stored in his pocket
• Fact, Distributed Ledger Technology is a type of database that is spread across multiple sites, countries or institutions
• Fact, it has been hacked in the past (https://cointelegraph.com/news/stellar-and-ripple-hacked-justcoin-to-the-rescue)
• Fact, Dev was gifted 1 Billion XRP Tokens (what makes him so special, the proven fact of incompetence) plus he obviously receive regular wages
• Fact, the criminals have been previously  been fined  (https://www.cryptocoinsnews.com/ripple-labs-fined-700000-fincen-non-compliance/) (you cant fine a blockchain)
• Fact, XRP carries to much heavy overheads in form of Ripple Manager bonuses at the expense of xrp security (how much was spent on xrp security last financial year?)
• Fact, Ripple Inc. investors live i expensive New York areas, XRP investors in the slums paying for the Ripple Manager bonuses
• Fact, Full Name* the Ripple Inc advisor is a proven fraud
• What does happen to XRP price when Ripple Inc faces hostile takeover?
• When Bitcoins blockchain tech succeeds (and it will) Dinosaur banks will become extinct and with it Ripple Inc.
  The whole idea of Bitcoin to be your own Bank, private or corporate entity

Full Name* = „Karl-Theodor Maria Nikolaus Johann Jacob Philipp Franz Buhl-Freiherr von und zu Guttenberg“




https://i.imgur.com/3Aw5vI4.png

Only with a central database can the circulating supply become less, on revolutionary blockchain tech this is not possible (unless you publicly 'burn' a few million token)
Clear case of market manipulation Marketcap = Price * Circulation Supply (Wrong anyway as not all free available)
https://i.imgur.com/GLVzGu8.png

What will happen when the other 90% become freely available?

Another clear indicator that a central company is making things up is the fact that in August 2014 20% of total supply became available and both price and volume did not change a bit.
https://i.imgur.com/2p3y5qp.png

Its a rigged game.


Bitcoin's Revolutionary Blockchain tech and Ripple's XRP Database with signatures tech
https://i.imgur.com/SzILRzw.png

XRP' price its as fake as anything, literally a fairy number representing centralization at its best.
By the press of a button the marketcap increased on 26 th of August 2014 by $ 100 000 000  from $40,373,290,506 to $140,373,290,506 with no volume, pure magic.

https://i.imgur.com/m8jpQQG.png

Of the circulating supply from which the fake marketcap is calculated most tokens are not available and is distributed about so:
9 Billion to Jed
7 Billion to Chris' foundation
3 Billion to Arthur
15 Billion to Banks, Businesses, Employees, Friends and Partners
Buyers on the market hold a few million too.

same fake news shit, different topic  ;D

Go ahead, keep deleting  :P

Afraid of who?
We only observe some here shenanigans  together, always start at the beginning.

Oh did you not get your ass handed to you enough in your original thread?

Or maybe you didn't get the right 'response' from your meme?!?

Btctalk aint exactly mensa but your 4chan bs still probably won't work here lol

Hey seeing as you know so much about how xrp is a scam how about you explain why your profile rating is almost 100% scam accusations?

https://i.imgur.com/BXQFSgr.png

So what did we observe, more of the same Bitcoin nearing the 80% transparent released coins where everyone can see which miner found what block at what time.
Ripple haven't found anyone new in recent times to pay some bribe or a new partner to donate some coins and lock more tokens for undefined time by contractual agreement to increase circulating supply and increase fake marketcap.
Yes marketcap is 100% proven fake as not all circulating tokens can be freely traded (jeb and co......).
Lucky there is Bitcoin and does eventually away with the bank and associated shenanigans operations.

Of the circulating supply from which the fake marketcap is calculated most tokens are not available and is distributed about so:
9 Billion to Jed
7 Billion to Chris' foundation
3 Billion to Arthur
15 Billion to Banks, Businesses, Employees, Friends and Partners
Buyers (bagholders) on the market hold a few million too.

A totally fair distribution, or a smooth scam?.

Where is the prove that any of them have been sold to be included in Marketcap calculations? 

"Factnazi" lmao everything you dont agree with is hitler. Right? 

No, but will put pedal to the metal on Shenanigans Operantions

38291387790 circulating supply of which ~33 billion are locked and about 5 billion freely available, makes a true marketcap of  ~1 Billion

strange how "namini" sees "MemberBerries" mail box, is there some Shenanigans happening. Ah i see a Ripple sheeple.

Ive told you guys, this is censorship. How far has the crypto community come ? Very sad. CNN same like bitcointalk selfmpderated threads --> fake news and censorship

Come on don't embarrass yourself deleting also my post now..

If you cant stay on topic you will be dealt with.

38291387790 circulating supply of which ~33 billion are locked and about 5 billion freely available, makes a true marketcap  ~1 Billion
Displaying ~7 Billion Marketcap  is fraudulent Shenanigans

(Repost, previously deleted)

Wtf? Mailbox?
I see missing posts of this thread

https://img4.hostingpics.net/pics/671735missingposts.png


Stop censoring people, it's useless, we can have a constructive conversation.

Stay on topic and things are easy.


https://i.imgur.com/TdGmOzb.png

So what is new, someone still needs to buy 20% of all Bitcoins with its blockchain tech and 95% of Ripples XRP's Database entries.

Some Bank to be found soon to announce partnering with Ripple Inc. and to receive some xrp for the deed (with the condition that they are locked for time being) to raise circulating supply and consequently marketcap to give false impression of company size and fool hard working people.

If Bitcoins succeed then the question is not if Banks sink (and with it Ripple Inc.), but how soon. The next time round there will be no bailouts possible.

Same same 95% (61,71% not released and 33% not available for trade)  of Ripples XRP Database entries need to find a buyer and just over 20% of Bitcoins
Has it really become so hard to find friends or strategic partners to give some tokens to increase marketcap?


https://i.imgur.com/bBICdoZ.png

Start right at first post to get all the info

---

Clear case of market manipulation. Marketcap = Price * Available Tokens not Circulation Supply if some are locked and cant be sold.

Get all info from the start (https://bitcointalk.org/index.php?topic=2019899.msg20128229#msg20128229)

https://i.imgur.com/GecbGdz.png



Mean to rescue
https://i.imgur.com/GNJC1eZ.png

---

Same same still no new strategic partner found to gift some xrp
Get all info from the start (https://bitcointalk.org/index.php?topic=2019899.msg20128229#msg20128229)


                       Circulating supply XRP               Circulating Supply BTC
                                                      Unsold Tokens                  Unsold Coins
23-June-2017   38291387790      61,71%         16406950         21,87%
24-June-2017   38291387790      61,71%         16408100         21,87%
25-June-2017   38291387790      61,71%         16409937         21,86%
26-June-2017   38291387790      61,71%         16411362         21,85%
27-June-2017   38291387790      61,71%         16413100         21,84%
28-June-2017   38291387790      61,71%         16414812         21,83%
29-June-2017   38291387790      61,71%         16416775         21,82%
30-June-2017   38291387790      61,71%         16418250         21,82%
01-July-2017   38291387790      61,71%         16420150         21,81%
02-July-2017   38291387790      61,71%         16422475         21,80%
03-July-2017   38291387790      61,71%         16424675         21,79%
04-July-2017   38291387790      61,71%         16426700         21,78%
05-July-2017   38291387790      61,71%         16428762         21,77%
06-July-2017   38291387790      61,71%         16430650         21,76%
07-July-2017   38291387790      61,71%         16432500         21,75%
08-July-2017   38291387790      61,71%         16434350         21,74%
09-July-2017   38291387790      61,71%         16436400         21,73%
10-July-2017   38291387790      61,71%         16437337         21,73%
11-July-2017   38291387790      61,71%         16440612         21,71%
12-July-2017   38291387790      61,71%         16442587         21,70%
13-July-2017   38291387790      61,71%         16445250         21,69%
14-July-2017   38291387790      61,71%         16447062         21,68%
15-July-2017   38291387790      61,71%         16448575         21,67%
16-July-2017   38291387790      61,71%         16450362         21,66%
17-July-2017   38291387790      61,71%         16451587         21,66%
18-July-2017   38291387790      61,71%         16454125         21,65%
19-July-2017   38291387790      61,71%         16456425         21,64%

---

Has it really become so difficult for Ripple Inc. to find a suitable partner to gift some xrp and increase marketcap to make to company appear bigger as it is?
Over 90% of xrp still looking for a buyer.
Start at OP to get all info (https://bitcointalk.org/index.php?topic=2019899.msg20128229#msg20128229)

https://i.imgur.com/p63uuXJ.png

---

Yes will moderate a little bit.
Yes you are correct there is no mining XRP's and Ripple Inc gives tokens to banks, friends strategic partners..... to increase marketcap, but in recent times found it hard to find suitable partner.
Once the new bunch of xrp will be added to the circulating supply will you provide a link who was the lucky recipient?
Anyone can see which miner found last block at what time with bitcoin its only fair to get same type of info from Ripple Inc
Circulating supply still stuck at 61.71 % plus all the locked tokens which still to sell, Bitcoin need to find buyers for its remaining 21.59%

Next financial crises there wont be a banks bailout. One falls all fall like domino's and with it Ripple Inc

Start at OP to get all info  (https://bitcointalk.org/index.php?topic=2019899.msg20128229#msg20128229)

Sold not gifted, even if that annoy you to admit it:

https://ripple.com/insights/q2-2017-xrp-markets-report/


But then again in your previous posts you complained they don't distribute XRP, now you complain about the opposite.

Again, Ripple is a public ledger, just explore it you'll make better charts and can check day by day distribution yourself.


Edit: all my posts on this topic have been removed by original poster (self moderated thread) this is one of the last remaining.
https://img4.hostingpics.net/pics/410399del2.png
https://img4.hostingpics.net/pics/678788del.png

See, your life improved 100%. Now you have 2 things, hope and a bunch of xrp gambling tokens (until the Banks go belly-up).
God sees everything.    Everything is God.   Pantheism (https://en.wikipedia.org/wiki/Pantheism)

  Start at OP to get all the info (https://bitcointalk.org/index.php?topic=2019899.msg20128229#msg20128229)

---

Update on proceedings.
So another 801,090 xrp (a whopping 0.0006%) have been added to circulating supply. Bitcoin on the other hand, from beginning of this observation has added over 0.3% to available supply.

https://i.imgur.com/hBuaaGN.png



For anyone still living in fantasy land and beliefs Banks will dance to the music Ripple Inc and XRP holders play, here is a little reality check.
Banks play the music and you dance to it.
Singapore’s central bank (MAS) and some serious big banks got together and decided to go head to head with Ripple Inc and build its own Distributed Ledger (DL) Database that is spread across multiple sites.

 Project Ubin  (https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/financial-services/sg-fsi-project-ubin-report.pdf)

They are even so kind to integrate Ripple and Stellar blockchain distributed ledger tech database in the prototype. (Check page 27) Of course it will be gone sooner or later.

Notice how Ubin (Banks) is the center and not the broken Ripple.
https://i.imgur.com/vy8PzlH.png

Your grammar is a miserable fail. Lol

Your analysis is like the analysis of stevie wonder looking at women lmao.

And your intentions are like the intentions of a 10 year old autist.

Instead of wasting so much time in spreading the same FUD again and again, why don't you divert your time and energy in educating yourself?

-K

The author of this topic is a joke, I tried to have an honest conversation and there again he deleted one of my posts today.
I think if he delete one more post, I'll create a topic, compiling all my deleted posts.

It was deleted because it is totally worthless post for the topic. Here is a simpler way of looking at updated charts https://www.worldcoinindex.com/ (before anyone starts screaming click on marketcap)

Never go full retard lmao

The only joke is Ripples broken database.
Anyone at anytime can look at lets say ledger number 666 and can see with 100% certainty something is not right/broken. It is a fact.

People will still shill and defend Ripple like its the holy grail of crypto simply because they want the price to go up so they don't lose all their money. No one is interested in facts these days.

Personally, I'd just hope we can discuss, agree or disagree but I don't see the need to remove posts.

---

and ðºÞæ stop editing your posts all the time, this + deleted posts, it makes things even harder to follow..
and MemberBerries stop insulting him.

Deep in our heart we are friends. But we cant find a way to interfere with each other :(

Nice site, didn't know this one. Btw it's interesting eth / xrp charts looks almost identicals on all times period.

https://img4.hostingpics.net/pics/383381a007.png

@namini
deleted a second time the useless screen-clutter, left it up long enough for everyone to see, in case someone missed it: https://img4.hostingpics.net/pics/678788del.png (https://img4.hostingpics.net/pics/678788del.png)

 
Now back to business. 38,333,090,674 XRP is the number which popped up which means no new tokens released last 24h from the massive total supply.
There is no way of verifying if this number is in any way correct at all to start with.
Dogecoin and XRP have about the same total supply and Dogecoin releases 14,000,000 new coins a day gives somewhat a comparison (may have to include it in the chart).

As some here like to claim yesterdays 801,090 xrp where sold at yesterdays regular price then there will be also be a sales tax paid, oder?
Since Ripple Inc is a company where can can tax returns be found for the last couple of years.
Since the company also holds the total unreleased coins is't that a company asset, how does that fall into tax equation.
A over time we will get to the bottom of this mess.

XRP Token (0,0417%) and Bitons (0,33%) released since beginning of observation
https://i.imgur.com/oQifeb5.png

Meanwhile in bitcoinland, all nice and tidy: https://www.blocktrail.com/BTC

Anyone has to deceit for them-selfs if known facts be taken seriously or not.
A link was placed as replacement for the useless screen clutter. This is not a price discussion or speculation thread.
To be honest the Tax questions only crossed my mind whilst typing the last post. Have to get deeper into. To may knowledge it is a San Francisco Software company but California seems not knowing it.
http://www.taxes.ca.gov/index.shtml
There is enough other shit making your hair stand up in horror. Dive right in OP

Dont worry about the grammar only being forum standard. Do worry about the proven broken database you shill for. All info at opening post.

Anyway back to todays observation.

It is in no way verifiable, todays number popping up is: 38333090674 which means no new xrp have been added to circulating supply out of the massive total. Disaster in the making.

The only disaster in the making here is you, but I guess you will delete some of my posts again right?

Just explore the public ledger and use the API tools you will learn some things.

Answer to fatlever's post below:
$1 would only require same market cap as eth.

He dont understand such simple things. I bet he gets paid in some shitcoin lmao.

Whats with my deleted answers to his censorshipthread?


 Sad that people use tools like censorship to mute the truth.

Bae...people see your mental illness /obsession with ripple :).
They think for themselves. Why should they listen to some random and unimportant guy in an anonymous thread about butthurttalk experts?

Get a job. Maybe you could afford investing into something with real usage :). But guys see for yourself how truth resistant this thread is. Maybe i will bring some more guys in here so they can see what you are doing... or maybe i will start a SCAM ACCUSATION thread about the user bAE. And start to delete every response he posts. Give him some of his own medicine lmao

by the way, i would be very very careful to click on links posted by OP. Malware alert on my computer

So another day has past and no new investment for this broken distributed database. Wounder why?

Fact, contractual agreements only affect Ripple and have nothing to do with xrp.
Fact, from Ripples technical operations a single xrp works as well as 100 000 000 000 xrp
Fact, 'namini' the Ripple investor continually fleeces xrp investors by convincing them their money is better stored in his pocket


Care to elaborate, or is it just blah,blah..



Edit:
Came across some interesting factual data of the two 100 Billion mishaps. It is impossible not to spot the correlation of the two jokers in the game. Much Wow such bondage

https://i.imgur.com/QtdYb0F.png
btw,no new xrp hit the road again

Been a long time since last update.

So whats new. Same same Bitcoin mined a whole bunch of coins and managed a new all time high price. The Ripple Inc corp failed to sell any xrp today although yesterday managed some sales.
Since beginning of the thread Bitcoin managed to add almost 0.4% of total to circulating supply and Ripple a measly 0,0525% xrp
Graphic view of the looming catastrophe once the insane amount of coins start looking for a buyer.

https://i.imgur.com/IMeW9kd.png


Opening Post has all the info

Been wondering why Stellar performed so much better recently

Amazing thread of how the XRP cash cow makes Ripple the company rich.  It took me some time to figure this out myself before I dumped XRP.

Yeah, it was great for those XRP investors who got in early and benefited from the speculation.  But those dreaming of $10 XRP or even $1 XRP really need to do their research.   At $1 XRP, Ripple would be bigger than all the other crypto market cap combined!  

A part of the allure is that banks will buy into the platform and need XRP.  But banks themselves need to be convinced to actually adopt XRP and Ripple is going to give it to them at a huge discount because they hold billions of it and they will be the ones who actually sell them on the idea.  Banks aren't going to the market looking to buy XRP.  Plus, they need don't need to hold much XRP at all - that is one of the big selling points of Ripple.  

Also I think XRP  was given away here and there are lots of people who got in early and have TONS of XRP to dump.  Read all the old forums where people said they be rich with $.10 - $.20 XRP prices - a lot of those people regret not selling them at the ~$.30 price point and as do people who bought it at ~$.30.  There is going to be a lot of sell walls at that price plus as noted Ripple itself dumps a lot to generate revenue.  Plus Jeb is going to be allowed to dump billions in the coming years.  

There are Ripple threads almost every day now pumping XRP since people have caught on and XRP stays low while everything moves up.  

Update, another day and another day of no xrp sales.
With apparently 38,343,841,883 Billion xrp sold* so far that averages out to about 22,837,309 Million xrp sold per day until today
The last 46 days only 1,140,306 Million xrp have been sold thats average $213,955.21 a day
With 61,650,736,692 Billion xrp still locking for a buyer thats a static 1,373,221 Million every day until the last bitcoin is mined in 2140 (123 years)
Bitcoin already has almost 80% on the market and have reward having every 4 years and not a static mining reward
Anyone who can not see the looming xrp crisis does not deserve money.
The whole point of crypto is to do away with the parasite banks, once banks are done with so is xrp, if not before as banks do make the own distributed database and not relay on a third party
* most where given away friend family......

https://i.imgur.com/PLxqCTE.png




It should be 24 Million xrp sold every day if the same release schedule as Bitcoin
It is now even fallen below the static 1,373,893 needed to distribute the coins. For the last 47 day the average is only 1,116,044 Million sales daily


You can lead a Horse to the water, but you cant make it drink.

https://i.imgur.com/GAAHVDj.png

Get all info at Opening Post


Something to get head around,  Yes it will count forever  :o (http://www.usdebtclock.org/)

No sales again for several days (lets not even talk about confirmed sales).
The last 2 months Bitcoin added 0.57% of total remaining to circulating supply and Ripples XRP only 0.0525% of total remaining to circulating supply, means 61.65% still need to find buyer.
Thats only 52,454,093 Million xrp in over 2 months but daily it should be 24,000,000 Million sold to keep pace with Bitcoin. Right now falling further and further behind.
The age of this coin and still not managed to get 60% of coins on the market, total disaster.
XRP is not backed by anything other than lies and decide. It is just some price displayed and thats it, same as fiat. Exactly what is to expect from a doggy company.
 
https://i.imgur.com/4nObZAW.png

https://i.imgur.com/D7xDGHp.png



Opening post with all info

And no, Banks dont use XRP. Since when Banks shy away from money? Being at the forfront would they not buy on mass instead disposing the free gifted (useless) XRP.
Banks are in the business of charging fees not pay them thats why they make the own projects, research "Project Ubin and Project Jasper".
The projects just copied XRP's code and use the own system.

All this stuff is based on an assumption banks or something will use XRP. Right now, they don't. All the news you see is about adopting the Ripple Network, not XRP (they may be on the same blockchain, ironically).

The Ripple Network merely saves a bunch of "IOUs" on the blockchain.

Seriously... it doesn't look good (https://medium.com/@blocknebula/ripple-part-1-the-worlds-fastest-money-laundering-network-f801f064ccc).

It is sliding day by day further into fraud territory and soon becomes a fraud investigation, not a shenanigans observation.
The required 24 Million a day to keep pace with Bitcoin is certainly not happening.
Right now Ripples XRP can not even keep pace with Dogecoin which is mining and selling almost 14 Million per day with about the same total supply.

https://i.imgur.com/66bJdpg.png

  

Yet more nonsensical posts with no valid sources and no coherent argument. 

Any readers should do their own research about Ripple at reputable sources, not a random poster who is still screaming "SCAM" after Ripple has been in business since 2012.  Yes, some people were saying SCAM back then too.  I guess even after 90+ banks have adopted Ripple tech it's still a SCAM?  Really?   

In advance of whatever strange reply will occur after my post here, here is a link to JoelKatz debunking the persistent misconceptions about XRP and Ripple:  https://pastebin.com/pZFB2Lhg (https://pastebin.com/pZFB2Lhg)