Ripple releases 333 million more Tokens

[dwgscale11]

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

[kelsey]

oddly enough though as a whole thats what the crypto community itself is continually doing 

[ICOcountdown.com]

oddly enough though as a whole thats what the crypto community itself is continually doing 

Supplies are contrained typically though?

[pimpjuice]

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.

[kelsey]

oddly enough though as a whole thats what the crypto community itself is continually doing 

Supplies are contrained typically though?

yes an infinite number of finite coins 

[poloniexwhale]

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

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

[Spoetnik]

[alyssa85]

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

[Ayers]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

[aioc]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

I wonder why they are still in the top 10,they are the only centralized coin the top 10,maybe this is one that inspire all these centralized crypto currency like Onecoin Tbc among others.They should not be on the top spot people trust them because they are created big names.

[Cryptotraider16]

Ripple huge scam! Its it!

[Shiroslullaby]

I liked some of the things that I read about Ripple, but every time I look at the available number of coins, it causes me concern.
Right now there are over 36 BILLION coins in circulation.
I just don't like that distribution model, personally. Its a minor thing since most Bitcoin transactions are measured in Satoshis these days. 
But I prefer smaller numbers of overall coins minted.

[bbc.reporter]

Was there a press release before they sold their bags in the market? How did they release the 333 million XRP? Did they sell it in Poloniex or some other exchange? Did they sell it over the counter to a whole sale buyer? Those details should be known by the community.

Maybe they did it to raise their market cap because Monero is gaining on them. What are they going to do next release more in the market to raise it to a billion? Because that is where Monero is going.

[crossabdd]

RIPLE = RIP le 
we know  at this moment bitcoin price rising and other coin get down price also marketcap too. then ripple do it to force rising his market cap, nice trick to increase investor trust 

[legdunes]

Never liked Ripple as a coin at all, another reason to avoid it.

[J1mb0]

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

They don't. It's just a ponzi scam to cash in on rising BTC price.

[Zeta0S]

Can Ripple labs just create Extra Ripples whit push on a button?

[pimpjuice]

oddly enough though as a whole thats what the crypto community itself is continually doing  

Exactly, the crypto community, but Ripple's main audience at the moment would prefer Ripple's distribution method over Bitcoins mining operations that is currently controlled by China.

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

There is a crypto community, small but very intelligent group of people.  Most are from different background than the typical crypto enthusiast and seem to be in a higher age bracket. Ripple's current audience at the moment seems to be more centered around the financial industry and market makers involved in producing cross boarder transactions.

I liked some of the things that I read about Ripple, but every time I look at the available number of coins, it causes me concern.
Right now there are over 36 BILLION coins in circulation.
I just don't like that distribution model, personally. Its a minor thing since most Bitcoin transactions are measured in Satoshis these days.  
But I prefer smaller numbers of overall coins minted.

I agree that the total supply is intimidating but as you pointed out it really doesn't matter when it comes to utilization, only speculation.

Was there a press release before they sold their bags in the market? How did they release the 333 million XRP? Did they sell it in Poloniex or some other exchange? Did they sell it over the counter to a whole sale buyer? Those details should be known by the community.

Maybe they did it to raise their market cap because Monero is gaining on them. What are they going to do next release more in the market to raise it to a billion? Because that is where Monero is going.

I also believe it is bull crap that they just randomly distribute coins.  I believe it is a big reason why investors are afraid to trade it. They do not sell on Poloniex, I have personally asked but I assume it is on a Ripple Gateway. I agree we should know, there some be a scheduled, set amount form of distribution. Also, Ripple doesn't care if Monero takes over their coin market cap, only us

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

They don't. It's just a ponzi scam to cash in on rising BTC price.

Ripple is definitely not a ponzi.  They have 10s of millions of dollars in funding to the point that they don't even need to rely on xrp.  They only pay employees in xrp that want to be paid in it. From a speculative crypto investor point of view it may seem like a ponzi since it is isn't mined but it is the best as a utility for cross boarder payments serving as a no counterparty risk asset that is faster than and as reliable as any other crypto out there. If there were more volume I would use it as a vehicle to transfer my btc from account to account. I could go btc to xrp to xrp to btc in seconds compared to an hour going btc to btc.

Can Ripple labs just create Extra Ripples whit push on a button?

No there is a limited supply with no inflation.  Actually, transfers fees are destroyed so the total supply actually decreases.




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HOW ABOUT BITCOIN!!!!!!! To the moon!

[Spoetnik]

Ripple is scammy ass bullshit.
I have said so 100's of times in great detail for years.
You people are not listening. (well some of you anyway)

Do i need to remind you that they were fined by Fincen ?
And they are what caused the IPO / ICO craze ?

They are scam pioneers LOL

Such as the largest giveaway topic i ever seen with 400+ pages where they suckered everyone into signing up at their site creating accounts only to disappear handing out 0 giveaway coins.

You can't jiggle your dick holster around saying shit about how it is.
Because the only that matters is how it "was"
..how it was launched (nothing is more important)

The list goes on and on.. they have a large collection of so called "Employees"
where they printed money for them and handed them and all their friends fancy corporate titles.

CEO of Githubbery ?
Sure.. pay the man LOL

Oh and since EVERYONE hates Ripple how in the flying fuck did it get such a high market cap ?
Manipulation.. Ethereum style.

How do i know ?
I seen them do it with Cryptsy's add a coin voting system.
You had to pay for votes and it was always at the top ..waiting to be potentially added.
But Cryptsy did not want to and it sat there at the top of the voting list for about a year and a half.
How ?
They were pouring funds into the voting system that's how !

I could go on and on for ages about how fucking pathetic the scammy shitcoin Ripple is.
again
Trust me i know.. i was here and watched it launch.
And we all flamed it then as we do now.
NO ONE has ever liked the stupid scam coin.
It simply attracts the sleaziest of all bag holders hoping to scrounge up profit from it.

PS:
Heard Big Banks are using Ripple ?
I have about 30 times hahahha  

[thefunkybits]

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

where are you getting this information from? any links?