Breaking: Ripple confirms 55 B XRP Lock using middle-man free RCL Escrow feature

[f0rmdeep]

Source / News Release : https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

Important points / Takeaway :







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[Febo]

That is nothing good. so far Ripple said that they will issue all 100 billion coins in next 10 years. now they will in next 5 years.  Well is same in general.

[f0rmdeep]

That is nothing good. so far Ripple said that they will issue all 100 billion coins in next 10 years. now they will in next 5 years.  Well is same in general.

well the point was to take of fear that ripple might suddenly do a surprise dump. now there is no such chance, even if you held them under the gun. Escrow is one and done.

btw, 100 bil coin has never been a problem at all, if they even take 3% of swift's load they will need to reprice XRP at 3 usd each to provide adequate liquidity and collateral availability for 300 Billion USD movement.

the problem was always "what if ripple someday unannounced come and dump coin in the market ?"  and i believe that has been completely addressed.

[kentwo]

So this means that the market capitalization of the ripple reduction?the price could jump continue?

[f0rmdeep]

So this means that the market capitalization of the ripple reduction?the price could jump continue?

apparently yes it is ... i din't expect such strength, I think people are finally grasping what ripple is doing and how systemically big ripple's role is going to be.

i think its fair to say Ripple is like the new google for Finance... the way google was in 1990's for tech industry.. and also pretty given that ripple will eat ( already eating ? ) huge percent of Swift meal ... so yeah...

[AmarO]

So this means that the market capitalization of the ripple reduction?the price could jump continue?

apparently yes it is ... i din't expect such strength, I think people are finally grasping what ripple is doing and how systemically big ripple's role is going to be.

i think its fair to say Ripple is like the new google for Finance... the way google was in 1990's for tech industry.. and also pretty given that ripple will eat ( already eating ? ) huge percent of Swift meal ... so yeah...

I've been the biggest hater of Ripple XRP but after this move even I have had to buy in, this is the most safe coin and the potential is unbelievable. Just buy in and HODL like the rest of the holder are.

[VanDeinsberg12]

So this means that the market capitalization of the ripple reduction?the price could jump continue?

apparently yes it is ... i din't expect such strength, I think people are finally grasping what ripple is doing and how systemically big ripple's role is going to be.

i think its fair to say Ripple is like the new google for Finance... the way google was in 1990's for tech industry.. and also pretty given that ripple will eat ( already eating ? ) huge percent of Swift meal ... so yeah...

I've been the biggest hater of Ripple XRP but after this move even I have had to buy in, this is the most safe coin and the potential is unbelievable. Just buy in and HODL like the rest of the holder are.

The chart os ripple looks cool. But can you give me an opinion regarding the latest pump and Do you think if that the pump will be stable? or another dump will come as soon as possible.
More people want to grab ripple in this time.

[f0rmdeep]

So this means that the market capitalization of the ripple reduction?the price could jump continue?

apparently yes it is ... i din't expect such strength, I think people are finally grasping what ripple is doing and how systemically big ripple's role is going to be.

i think its fair to say Ripple is like the new google for Finance... the way google was in 1990's for tech industry.. and also pretty given that ripple will eat ( already eating ? ) huge percent of Swift meal ... so yeah...

I've been the biggest hater of Ripple XRP but after this move even I have had to buy in, this is the most safe coin and the potential is unbelievable. Just buy in and HODL like the rest of the holder are.

The chart os ripple looks cool. But can you give me an opinion regarding the latest pump and Do you think if that the pump will be stable? or another dump will come as soon as possible.
More people want to grab ripple in this time.

I saved some money to add this month, but waiting for a slight correction .. hoping for 25 cents.. but its getting tricky seeing recent roller-coaster, because ultimately Ripple is worth a lot more and now cat is out of the bag - everybody knows its going to go way way lot higher.

I am holding long term, at-least till October anyways  .. hope i can add some more on a dip.. hmm lets see

[Bowtiesarecool]

The price jump is definitely happening. Market confidence is at an ATH already. It can only get better

[leopard2]

hahahaha let me summarize story:

the company is selling truckloads of sand to investors, for $0.40 per grain of sand. But they are very nice, they do not sell the entire desert, just a few truckloads (naturally they could break their promise tomorrow, too.)

Idiots read this ... oh great ... they are promising not to sell entire desert at once, just a part of it. .. sand must be really really valuable now, buy buy buy

And now the shills go: Uhhh, imagine 0.40$ for one grain of sand, the desert must be worth 999999999999999999999999999999999999$$$, this is the greatest company in the world...buy buy buy!!!!!!!!

I have to throw up, I can tolerate stupidity only in small amounts  

[f0rmdeep]

hahahaha let me summarize story:

the company is selling truckloads of sand to investors, for $0.40 per grain of sand. But they are very nice, they do not sell the entire desert, just a few truckloads (naturally they could break their promise tomorrow, too.)

Idiots read this ... oh great ... they are promising not to sell entire desert at once, just a part of it. .. sand must be really really valuable now, buy buy buy

And now the shills go: Uhhh, imagine 0.40$ for one grain of sand, the desert must be worth 999999999999999999999999999999999999$$$, this is the greatest company in the world...buy buy buy!!!!!!!!

I have to throw up, I can tolerate stupidity only in small amounts  

are your BTC transactions done yet ? is it true you burn more electricity then a small country to mine a fancy pow virtual currency ?


As far Ripple, the worry was what if they dump without saying and hurt investors.. .now we investors are thankful to be certain and know such things wont happen.

you can scream and dance, its not going to help. evolution will continue, and sometime in future your Chinese mining overlords will have to shutdown.

[leopard2]

you can scream and dance, its not going to help. evolution will continue, and sometime in future your Chinese mining overlords will have to shutdown.

you got a point there...