Ripple releases 333 million more Tokens

[nocryinginbtc]

I cant believe it was reported by some of the community web sites. I remember last time they did this they were removed from coinmarketcap.com for a long time

[Steinar]

But you had to know this would happen sooner or later with a centralized coin like xrp.

[Spoetnik]

Oh my distain for XRP is nothing new.. i am have been calling them scammy ass bullshit for years.
This news just proves what i was saying all along. 

Not sure how in the hell shills can twist this around to make it seem like a good thing ROFL

[shyliar]

Another 433 million more tokens released this week.


Today:

http://coinmarketcap.com/

Last Week:

https://coinmarketcap.com/historical/20170108/

[shyliar]

And I thought they were lining their pockets.

[Steinar]

And I thought they were lining their pockets.

Obviously they are. And whats worse is that its at our expense.

[Spoetnik]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

[Steinar]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

[God27]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

Eventually? It has been happening from the very beginning. I think it was around 200 million per month distributed average for the last few years.

It looks like ripple distributed an additional 433 million more XRP's the next week after this very post. The price has slightly went up with almost an additional billion coins the last few weeks.

https://www.xrpchat.com/topic/2755-~1b-xrp-distributed-in-28-days/

[Spoetnik]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

The Federal reserve called removing them from circulation "Quantitive-Easing"

The adding or removal of coins from the total supply is INTENDED to control the price.
And then we see from the pictures earlier.. why they did it.
They jumped over Litecoin on CoinMarketCap.

Understand and recognize scammy manipulation when you see it people.
Don't be low hanging crypto fruit  

[Blawpaw]

Yep Ardor is already being distributed. In fact this is one of the projects feature that I think will give it even more importance. I already got mine

[Spoetnik]

I cant believe it was reported by some of the community web sites. I remember last time they did this they were removed from coinmarketcap.com for a long time

Apparently it never happened.

Was that meant to be a defense of Ripple dumping 333 million XRP on the markets with no warning or explanation as quoted by the guy before you ?

If so.. you FAILED 

Ripple, the company, has never dumped XRP on the market. We definitely have had a problem with founders XRP getting sold in large amounts and we've worked extensively to get that locked up, even getting involved in several lawsuits.

It is absolutely fair to criticize how good or bad a job you think we've done in preventing XRP from getting dumped. But it is absolutely baseless and unfair to accuse us (other than Jed himself) of actual dumping.

We don't need XRP sales to fund the company. If XRP will never be worth more than it is now, then XRP doesn't matter, never did matter, and never will matter. If XRP will be worth more in the future than it is now, then why would a well-funded company with lots of XRP want to dump it?

There were actually two cases where there was attempted dumping that you could make a reasonable argument that we had some responsibility for. In both cases, we immediately took that XRP off the market and sought compensation from the parties.

[mmortal03]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

I'm especially reminded of this today, given the price rise.

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

I guess the big time speculators don't care.

[sonic212]

apparently if XRP plus higher supply again it will make XRP die in the market, and investors would leave him for long, as it was not really good for the future, I hope this is not really going for it.

[pereira4]

Buying in XRP is like buying crypto fiat. Who would do that in hopes of making money?

This thing is simply undergoing yet another pump and dump. We have seem many in the last week, this is another one which will be over soon.

[rampage101]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

[pereira4]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

[rampage101]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

Wow, yea over another 500 million in the last 30 minutes... anybody have an idea what's going on with Ripple?

[spartak_t]

Yes, digital currencies are being screwed and centralized. That is why I'm always laughing when I see " X is a decentralized cryptocurrency.....".

[Fredomago]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

Wow, yea over another 500 million in the last 30 minutes... anybody have an idea what's going on with Ripple?

i really don't know but the price from polo is really interesting its already jumping to high and with those traders who still playing around
I'm not sure if placing and entry already being a fomo i still watching and observing this project.