[XRP] Ripple Speculation

[yonton]

That's what they want you to think. Typical manipulation technique.

[ludbega]

Ripple is one of my favorite coin, but yep, not so transparent for me, too many off discussion. Too many manipulation.

This project is so big, but no real impact on the price for now...

[Piggy]

That's what they want you to think. Typical manipulation technique.

How the hell do you manipulate with those volumes?

[yonton]

Those with tens of thousands btc worth of ripple who are putting up 1000 btc sell walls.

[Mrpumperitis]

^yea m8, thats alot of xrp, but its not a bad thing....
a few month back eth, before it broke $100(i think)
it also had a huuuuge sell wall..( i remember mr ray showing me it)
after a day or so, it was eaten and it went to a very high ath.

so dont fear the wall, imo its there to get rid of the weak....big stuff is at the verge of happening for XRP...

time to take chunks from this wall  

[Bramen]

That's what they want you to think. Typical manipulation technique.

How the hell do you manipulate with those volumes?

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

[Mrpumperitis]

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

wrong

[Bramen]

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

wrong

Which part is wrong? Here everything I just said straight from the horse's mouth, i.e. Ripple.

Oh, right, you're just trolling. Again.

[vanhalendlrband]

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

wrong

Which part is wrong? Here everything I just said straight from the horse's mouth, i.e. Ripple.

Oh, right, you're just trolling. Again.

Repeating your BS again eh braman?

The part thats wrong is that they're not selling 55 billion ever. Its going to be locked away. You've been told this over and over. And here you are repeating the same crap again.

see right in the link you posted it says "RIPPLE TO PLACE 55 BILLION IN ESCROW TO ENSURE CERTAINTY INTO TOTAL XRP SUPPLY"

Even the link you posted contradicts you without even having to open the link. Can somebody ban this clown already?

[leopard2]

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

wrong

Which part is wrong? Here everything I just said straight from the horse's mouth, i.e. Ripple.

Oh, right, you're just trolling. Again.

Repeating your BS again eh braman?

The part thats wrong is that they're not selling 55 billion ever. Its going to be locked away. You've been told this over and over. And here you are repeating the same crap again.

see right in the link you posted it says "RIPPLE TO PLACE 55 BILLION IN ESCROW TO ENSURE CERTAINTY INTO TOTAL XRP SUPPLY"

Even the link you posted contradicts you without even having to open the link. Can somebody ban this clown already?

You are unable to think properly. 

IF they can put something in escrow they can take it out sooner or later, they can do what they want because they are in control

In BTC (or any other true crypto) there is no company that can put coins in escrow, there should not be any company that controls a coin anyways...

If there is a CEO of Ripple, governments can attack him and control the coin as well. There is no CEO of Bitcoin!

*HEADSHAKE*

[Mrpumperitis]

^lols you guys....bring a smile to my face, so glad to see your all still here and will be for the next few yrs at least 

Anyone that thinks xrp will be under $1 for much longer, should leave crypto lol

[Mrpumperitis]

If there is a CEO of Ripple, governments can attack him and control the coin as well.

this got me thinking...in the future, govs may need us  

how , why? ok ...
govs dont print fiat..govs borrow...alot lol
if fiat keeps going down and crypto keeps going up...
we could be the future rich people and have alot of influence,
 maybe...just maybe we could have more say in what govs do for the people....maybe  

[Bramen]

By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.

wrong

Which part is wrong? Here everything I just said straight from the horse's mouth, i.e. Ripple.

Oh, right, you're just trolling. Again.

Repeating your BS again eh braman?

The part thats wrong is that they're not selling 55 billion ever. Its going to be locked away. You've been told this over and over. And here you are repeating the same crap again.

see right in the link you posted it says "RIPPLE TO PLACE 55 BILLION IN ESCROW TO ENSURE CERTAINTY INTO TOTAL XRP SUPPLY"

Even the link you posted contradicts you without even having to open the link. Can somebody ban this clown already?

So you didn't bother to read beyond the post title, and then resort (once again) to ad hominems. Truly a class act.

Quote from Ripple's blog entry (emphasis mine):

We’ll use Escrow to establish 55 contracts of 1 billion XRP each that will expire on the first day of every month from months 0 to 54. As each contract expires, the XRP will become available for Ripple’s use. You can expect us to continue to use XRP for incentives to market makers who offer tighter spreads for payments and selling XRP to institutional investors.

We’ll then return whatever is unused at the end of each month to the back of the escrow queue. For example, if 500M XRP remain unspent at the end of the first month, those 500M XRP will be placed into a new escrow account set to expire in month 55. For comparison, Ripple has sold on average 300M XRP per month for the past 18 months.

Mic drop.

If Ripple is one thing, they are professional, so I'm confident they're not paying you for these brain farts. Therefore you are doing whatever it is you are doing with the intention to increase the value of XRP.

The thing is, a token with rock solid fundamentals and industry backing like Ripple can withstand crticism and scrutiny. You and your ilk are making Ripple the company and XRP the token look bad, as no professional will want to be associated with illiterate adolescents whose first course of action is to start calling people names, and use terms like "lulz", repeatedly. And no real investor wants to be part of such "community."

You are not helping Ripple or us XRP holders with your misguided attacks on anyone who has more than "to the moon" or repeating other weak memes.

No need to respond, I'm putting you (too) on ignore, after I check that you're not trying to spin my response your way. Again.

[Bramen]

If there is a CEO of Ripple, governments can attack him and control the coin as well. There is no CEO of Bitcoin!

Brad Garlinghouse is the CEO of Ripple. But note that Ripple =! XRP. Ripple do hold majority of XRP, at least 55%, possibly even north of 80% (haven't found a solid source for where in that spectrum the real figure falls), so they have quite a bit of sway with the token and its price, at least for the next five or more years given the escrow rules mentioned above.

But it is very important to understand that XRP is not controlled by Ripple in the sense we usually mean control.

[Mrpumperitis]

Mic drop.

Mic drop.....lol gtfo neil degrass tyson   

you run your mouth and ill run mine...

[Mrpumperitis]

If there is a CEO of Ripple, governments can attack him and control the coin as well. There is no CEO of Bitcoin!

blah blah blah

yo, noodles...know your role 

[Mrpumperitis]

holy...walls lol

[Lontonbit]

I just put my balls to the wall

[Mrpumperitis]

ok huge sell, we all see ya lol

now for those worried...word of warning

if you sell huge amounts around here and those walls get pulled....you may have to pay alot more to get em all back

so if you do sell, think why and dont panic when the wall is gone lol

[groko271]

ok huge sell, we all see ya lol

now for those worried...word of warning

if you sell huge amounts around here and those walls get pulled....you may have to pay alot more to get em all back

so if you do sell, think why and dont panic when the wall is gone lol

one whale selling 17 million ripple for 824 bitcoin. Thats a huge dump, i'll be keeping an eye on it because ive seen more than one fake wall in the last couple of days. Should be interesting..