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Author Topic: XRP is next pump  (Read 4963 times)
pimpjuice (OP)
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February 12, 2016, 05:27:57 AM
 #1

Big news coming out of Ripple including agreement with Jed. He no longer has control over his XRP and he donated a large percentage (with same sell terms for donation). XRP is available on kraken and polo (same as ETH) and both had recent news with MS (bill gates had hyped it more then ethereum). Take my opinion with a grain of salt but some of this volume could go into XRP when ETH eventually declines. We've also seen some slow, careful, huge buyers.  Just keep an eye out.
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February 12, 2016, 05:46:00 AM
 #2

Big news coming out of Ripple including agreement with Jed. He no longer has control over his XRP and he donated a large percentage (with same sell terms for donation). XRP is available on kraken and polo (same as ETH) and both had recent news with MS (bill gates had hyped it more then ethereum). Take my opinion with a grain of salt but some of this volume could go into XRP when ETH eventually declines. We've also seen some slow, careful, huge buyers.  Just keep an eye out.


Is it a verbal agreement or not ,can you provide us some news links for the supposed agreement?

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February 12, 2016, 06:46:56 AM
Last edit: February 12, 2016, 07:32:51 AM by 1ofthemany
 #3

Big news coming out of Ripple including agreement with Jed. He no longer has control over his XRP and he donated a large percentage (with same sell terms for donation). XRP is available on kraken and polo (same as ETH) and both had recent news with MS (bill gates had hyped it more then ethereum). Take my opinion with a grain of salt but some of this volume could go into XRP when ETH eventually declines. We've also seen some slow, careful, huge buyers.  Just keep an eye out.


Is it a verbal agreement or not ,can you provide us some news links for the supposed agreement?


https://forum.ripple.com/viewtopic.php?f=1&t=15885

Quote
Jed will donate 2 billion XRP to a charitable donor-advised fund ("DAF") of his choice. The same limits are placed on the ability of the charity to sell the XRP as are placed on the Jed's ability to sell his remaining XRP.

All of Jed and his children's remaining XRP, approximately 5.3 billion XRP, will be placed in a custody account at Ripple. While Jed retains full title and ownership of his remaining XRP, Ripple will control the release of his XRP in a manner consistent with the settlement agreement. Specifically, Jed will be allowed to sell his remaining XRP in the following manner:

- for the first year of the agreement Jed and the DAF will be able to collectively sell 0.5 percent of the Average Daily Volume of XRP for each day of the week, including weekends and holidays.*

- for the second and third years of this agreement, Jed and the DAF will be able to collectively sell for each day of the week 0.75 percent of the Average Daily Volume.

- for the fourth year of the agreement, Jed and the DAF will be able to collectively sell for each day of the week 1.0 percent of the Average Daily Volume.
for any time after the fourth year of the agreement, for each day of the week Jed and the DAF will be able to sell 1.5 percent of the Average Daily Volume.
pimpjuice (OP)
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February 13, 2016, 02:44:45 AM
 #4

Keep watching.
crazywack
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February 13, 2016, 02:50:01 AM
 #5

Maybe your Jed and your trying to pump the price/volume for more income Wink

pimpjuice (OP)
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February 13, 2016, 03:25:13 AM
 #6

Maybe your Jed and your trying to pump the price/volume for more income Wink

That is good but Jed would not name himself pimp juice. It would be something like taco stand.
pimpjuice (OP)
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February 13, 2016, 03:31:56 AM
 #7

Telling you it's going.  Check ripplecharts. Still have some time Wink
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February 13, 2016, 03:33:13 AM
 #8

Maybe your Jed and your trying to pump the price/volume for more income Wink

That is good but Jed would not name himself pimp juice. It would be something like taco stand.

Or maybe that's what he wants us to think?!?

I have been thinking of jumping on the train but I'll hope for a little dip before I put something into it.

pimpjuice (OP)
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February 13, 2016, 03:35:42 AM
 #9

Maybe your Jed and your trying to pump the price/volume for more income Wink

That is good but Jed would not name himself pimp juice. It would be something like taco stand.

Or maybe that's what he wants us to think?!?

I have been thinking of jumping on the train but I'll hope for a little dip before I put something into it.

Dude the floor is .006 this is the bottom.  Seen .004 a few times but rarely. I'm talking half a cent.
pimpjuice (OP)
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February 13, 2016, 03:43:04 AM
 #10

With big news and volume on polo and kraken already I can see 10 cents. It hit 3 cents a while back just from the ripple exchange. Get it while the gettin is good.
pimpjuice (OP)
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February 13, 2016, 03:47:39 AM
 #11

Plus xrp is going to be listed on sbi. Something like Nasdaq but for Asians. Confirm on xrpchat.
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February 13, 2016, 03:54:23 AM
 #12

Plus xrp is going to be listed on sbi. Something like Nasdaq but for Asians. Confirm on xrpchat.

Care to post some links? Wouldn't mind reading up on some of the news/ developments.

pimpjuice (OP)
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February 13, 2016, 04:06:45 AM
 #13

Vitalik Buterin on Private Consortiums
"10 banks less likely to collude than 3-5 mining pools"
http://www.xrpchat.com/topic/914-vitalik-buterin-on-private-consortiums/#comment-8345

SBI
http://finance.yahoo.com/news/ripple-strikes-multi-national-deal-060000917.html

"As we started learning more about how all these different pieces fit together in the ecosystem, Ripple starts to make a lot of sense especially when you throw the Interledger Protocol into the mix. At the end of the day, the thing underlying all of these applications and smart contracts is payments." Microsoft’s Marley Gray
https://ripple.com/insights/microsofts-marley-gray-ripple-and-ilp-will-be-the-fabric-of-multi-chain-future/

"There’s a lot that Bitcoin or Ripple and variants can do to make moving money between countries easier and getting fees down pretty dramatically. But Bitcoin won’t be the dominant system.” – Bill Gates


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February 13, 2016, 04:12:13 AM
 #14

Vitalik Buterin on Private Consortiums
"10 banks less likely to collude than 3-5 mining pools"
http://www.xrpchat.com/topic/914-vitalik-buterin-on-private-consortiums/#comment-8345

SBI
http://finance.yahoo.com/news/ripple-strikes-multi-national-deal-060000917.html

"As we started learning more about how all these different pieces fit together in the ecosystem, Ripple starts to make a lot of sense especially when you throw the Interledger Protocol into the mix. At the end of the day, the thing underlying all of these applications and smart contracts is payments." Microsoft’s Marley Gray
https://ripple.com/insights/microsofts-marley-gray-ripple-and-ilp-will-be-the-fabric-of-multi-chain-future/

"There’s a lot that Bitcoin or Ripple and variants can do to make moving money between countries easier and getting fees down pretty dramatically. But Bitcoin won’t be the dominant system.” – Bill Gates




Thanks Jed Wink I'll take a closer look into investing. Looks like a decent floor, but I think it could go a little lower if news doesn't break on sbi within the next couple days.

I skimmed the chat box and threads didn't see anything on a release date to sbi market. Did I miss it?

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February 13, 2016, 05:02:14 AM
 #15

Looks like a good opportunity for all who wants to grab this offer or would want to believe,Ripple when it started has a very great team and I thought they will overcome bitcoin,but some of the team that used to be there are gone now,I have left the forum and lost my wallet there but would come back if this one is true


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February 13, 2016, 08:46:32 AM
 #16

XRP is not a decentralized coin. It is controlled by very few group of people. So they can do whatever they want.
pimpjuice (OP)
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February 13, 2016, 05:15:02 PM
 #17

Xrp is becoming more decentralized as bitcoin becomes more centralized. Ripple adds validaters (Microsoft soon) while mining btc is controlled by a few in china.  Nothing against bitcoin - I love btc.
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February 13, 2016, 05:26:21 PM
 #18

thanks for sharing maybe good idea to get involved with XRP. So far there price wasn't that great.
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February 13, 2016, 06:02:34 PM
 #19

I would like to buy some, but on Kraken they are only exchangeable against BTC, and I am not willing to use Poloniex... Hope I won't miss the good train.
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February 13, 2016, 06:33:22 PM
 #20

I love BTC, but mannnn XRP is looking really good these days.  Perfect storm gathering for a massive price increase.  I still hold onto some BTC just in case though, with the block halving and all.  Good to diversify though!  ETH had its fun, now it's XRP's turn.
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