Dogecoin now $0.001864
Ripples   XRP   $0.174749
Both have about the same total supply, both are a good laugh in the crypto scene, both are broken in some way and one has the bonus of having a horrendous distribution (10% of all to a single person).

You are exactly the kind of guy the Ripple investor invested in. Picture perfect XRP "investor".

Here is the simplified Kindergarten version.
Bitcoins supply halves every 4 years, and 4.5 Million still need mining-selling for the work done.
Are you still with me, good, lets move on.
Lets assume we have 1023 units and need disturbing in the next 10 days
Bitcoin goes about releasing 512 today 256 tomorrow and 128 the day after and so on. On the last day 1
512
256
128
64
32
16
8
4
2
1
------
1023

With 61 Billion XRP still looking for a buyer using Bitcoins release schedule would mean 24 Million XRP must be sold every day and not 1 Million as it happens now
If today is only 1 sold total remaining is 1022 xrp.  As Bitcoin has sold 512 today total remaining is 511

If 512 can sell at todays price how much will 256 sell for tomorrow?
To create a Bitcoin is not free that gives it value. No such thing money for nothing.

XRP is provable not a Blockchain technology it is a Distributed Database. Worlds apart, well 50 years of technology advancements.

With the same distribution timeframe than Bitcoin (123 years) 24 Million xrp should be sold every single day only about 1.2 Million is sold. The less sold at lower price the bigger the problem later.




Banks business is to charge fees not pay them.

Singapore’s central bank (MAS) and
•   Bank of America Merrill Lynch
•   BCS Information Systems
•  Credit Suisse
•   DBS Bank Ltd
•  The Hongkong and Shanghai Banking Corporation Limited
•   J.P. Morgan
•  Mitsubishi UFJ Financial Group
•  OCBC Bank
•  R3
•  Singapore Exchange
•  United Overseas Bank

got together and decided to copy past xrp and build the own Distributed Ledger Technology (DLT) Database that is spread across multiple sites, countries or institutions.

Banks where never using xrp in first place, some have a working agreement with Ripple. From a technical standpoint a single xrp works just as well as billions.

Link direct to Singapore Central Bank
http://www.mas.gov.sg/~/media/ProjectUbin/Project Ubin SGD on Distributed Ledger.pdf  Secondary (same pdf). Project Ubin SGD on Distributed Ledger.pdf


Notice the heart "Ubin".

Ask yourself, do Banks shy away from easy money?  You can rest assured no Bank has bought a single XRP from Ripple at market-price. 
Ask yourself, will droves line up do sent money to a company in San Francisco to buy xrp which is backed by absolute nothing.
Ask yourself, will banks pay for a money service or will they charge for it? Yes banks have copied ripples code to create the own Distributed Database. (Project Ubin)
Emerging markets (india..) buy something they have real use for, mobile phone talk time. Thats why M-Pesa has taken of. I do not like the development of it, but thats an entirely different story.
Unconfirmed 1,225,087 xrp have been sold the past 50 days, daily average. It should be 24,600,000 Million when Bitcoin distribution model is used. The fewer sold early the bigger the problem later.


 

There is some dreamers around incredible.
Banks dont dance to the music a third party plays . Banks play and you dance not the other way round.

Singapore’s central bank (MAS) and
•   Bank of America Merrill Lynch
•   BCS Information Systems
•  Credit Suisse
•   DBS Bank Ltd
•  The Hongkong and Shanghai Banking Corporation Limited
•   J.P. Morgan
•  Mitsubishi UFJ Financial Group
•  OCBC Bank
•  R3
•  Singapore Exchange
•  United Overseas Bank

got together and decided to copy past xrp and build the own Distributed Ledger Technology (DLT) Database that is spread across multiple sites, countries or institutions.

Banks where never using xrp in first place, some have a working agreement with Ripple. From a technical standpoint a single xrp works just as well as billions.

Project Ubin SGD on Distributed Ledger.pdf

Notice the heard "Ubin".

Secondary link direct from Singapore Central Bank
http://www.mas.gov.sg/~/media/ProjectUbin/Project Ubin SGD on Distributed Ledger.pdf

The amount of bullshit and lies in this forum is mind blowing.
One Company and one company only is selling every single XRP he calls it decentralized.
Hodor7777 is a typical example how a Rippple investor fleeces the poor XRP investors so he can enjoy a comfortable life.
R.I.P

Over the last 47 Days on average Ripple Inc sold  1,116,044 Million XRP per day. If Bitcoins release schedule is used 24 Million XRP would need to be sold each and every day.
With static release 1,373,221 Million (~2 billion every 4 years) would need to be sold each and every day for the next 123 Years to get them all distributed. Every day when less than 24 000 000 Million xrp sold things get worse and worse as more xrp need to find a buyer and market getting smaller and smaller with more currencies every day. Even Banks make the own coin now. When everyone has his own coin and Atomic swapping is active, speed is not an issue and is much faster than Ripples database which crawls when compared to Visa and co.

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






(ps if anyone know how much Ripple Inc. has spend on xrp security for the past financial years drop a line)

Looking at Bitcoins release schedule, I just can say scream get your Bitcoins organized
https://bitcointalk.org/index.php?topic=2019899.msg20734525#msg20734525

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......






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.



Get all info at Opening Post


Something to get head around, Yes it will count forever  

New capital flow for the first week for Bitcoin and Bitcoin Cash

There is some serious delusional people in this part of town, get some facts:
https://bitcointalk.org/index.php?topic=2019899

lol, here get some facts into you

Science, provable, observable repeatable. A shadow  can never under any circumstance be smaller than the object casting the shadow.
Tell me on August 22 how a 2159 mile diameter moon casted a 70 mile shadow on Augusts 21 solar eclipse.

Just about the entire country should be in a total eclipse not a 70 mile strip.

Now go back and cheer for your scam centralized broken database crap to earn your pay.

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.




Opening Post has all the info

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


btw,no new xrp hit the road again

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.

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

@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

 
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


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

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.

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)

XRP real marketcap is less than 1 Billion
Banks wont deal with a Broken Database instead create the own.

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 Technology (DLT) Database that is spread across multiple sites, countries or institutions.

With Ubin fully implemented what has xrp going for it?
Project Ubin SGD on Distributed Ledger.pdf