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Author Topic: Ripple releases 333 million more Tokens  (Read 16872 times)
namini
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April 20, 2017, 09:57:05 AM
 #101

I didnt know they could be subdivided and I cannot find anything online which states this.

Btw, he is talking about the fees (transaction cost) not the number of coins:

"The current minimum transaction cost required by the network for a standard transaction is 0.00001 XRP (10 drops). It sometimes increases due to higher than usual load."
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April 20, 2017, 09:59:57 AM
 #102

Those who think Ripple is planning to keep those billions of coins in wraps until kingdom come is delusional.
Obviously those coins are used to control prices. There is no way in hell they are going to let the coin which they peddle as transactional currency to fluctuate wildly doubling in prices then came tumbling down again. It would be too disruptive. From what I see, it will slowly drop to a comfortable price range and stay flat line for a long time. Maybe a slow controlled increase to balance out inflation. Somewhere around 6-7% annually. It is a valuable coin and a very secured one. It is like putting your savings into a bank but with slightly better returns.
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April 20, 2017, 10:21:10 AM
 #103

I tend to watch prices of Ripple very closely. You can determine the size of a bubble by the amount of money put into hardcore bullshit projects.

When ripple grows I sell coins.

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May 05, 2017, 12:27:21 PM
 #104

@God27. What is it with Ripple that you are so loyal to it? I do not mean that in a negative way, I am actually impressed that you have stuck to it in spite of all the criticism and the long periods of the falling price of XRP. Also we know the banks are taking a look at it but there was nothing so far except for a few press releases. Maybe you know something. Wink

I guess you can say I came into bitcoin late (2013) so I saw ripple with a fresh set of eyes. I was ok with it being centralized with the "plan" of decentralization.

But we still have a long and rough road ahead.

Cheers

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May 05, 2017, 12:46:37 PM
 #105

I guess the greedy people behind this coin think they can make more money with the release and selling more coins. It's hard to believe that this coin having good volume. That's I've never choose a decentralized coin.
There's a little flaw in your assessment, how would they be making more money by releasing and selling more coins? Prices would be going down...
And you'd never choose a decentralized coin? Uhm, you're on the Bitcoin forum...

Did you mean centralized?

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May 05, 2017, 01:35:22 PM
 #106

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

Then this is a good signal then. By releasing 333 million on the market, means that they cannot control it it. It will be  community driven crypto currency which is beneficial to owners. But surely releasing this coin disrupts the coin value.

Well it seems to be on a little wave for itself, again
that 333,000,000 has not stopped the current price rise on poloniex
We are looking at $0.10+ for a while now.

R


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Spoetnik
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May 06, 2017, 03:45:35 AM
 #107

It should scare you all that they can and DO dilute the market.
..with no warning or post explanation.

The only reason this topic even exists is because someone happen to notice them do it AFTER THE FACT.

And as usual the centralized figure heads in control of coins like this and Ethereum etc
have had nothing to say here on the forum..
They simply ignore this place.. and accountability.

You guys are missing the point here.. it's not about your speculation and earnings.

FUD first & ask questions later™
God27
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May 06, 2017, 04:23:22 AM
 #108

Yea ripple distributed another 70,763,393 XRP between April 16th and April 30th.
XRP has about doubled since.

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May 06, 2017, 05:46:22 AM
 #109

Ripple.......Tripple....and in the end hyperinflated Cripple
Zeta0S
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May 06, 2017, 05:53:22 AM
 #110

How much Ripple will there be?

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
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May 06, 2017, 07:09:16 AM
 #111

no big deal, they have not created more xrp. Its always been there. A more interesting question is how do you get on the UNL list?

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mining1
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May 06, 2017, 11:11:48 AM
 #112

How much Ripple will there be?

99 billion. Currently there are 37billion XRP released on the market. The 60billion is held by Ripple. Theoretical market cap with the 60 billion locked unreleased tokens is over 10 billion. XRP wouldn't be able to hold that market cap because the supply / demand ( aka speculation ) today stabilised at 3.7 billion. Which means, if they were to be released, they would dilute everyone's money.
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May 06, 2017, 11:14:43 AM
 #113

Release is associated with the use of Ripple tokens and it is very good moment to throw some XRP on markets.



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Rainbot
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May 06, 2017, 12:06:43 PM
 #114

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 Wink
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  Cheesy

I heard about something about ripple before, but not so detailed as mentioned in your post. thanks for sharing

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May 06, 2017, 12:26:53 PM
 #115

geez...  Grin Grin Grin

someone need to fix that stupid coinmarketcap



it's effing annoying to see rnipple on #3  Roll Eyes Roll Eyes Roll Eyes
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May 06, 2017, 01:00:50 PM
 #116

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 Wink
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  Cheesy

I have never trusted Ripple either. The development of crypto away from PoW and its way of distributing its tokens was a huge step off known soil and broke with the ideal of trustlessness.

But at the end the market share decides, and many of the points you are mentioning were good marketing moves. They got known persons as "advisers" who the outer world trusts more than anonymous groups of internet people. Of course the financial industry first talks to projects they have bridges to for possible adaption of technology.
I see your points and sympathize. But the market does not really care for ideologies. And as a market is just a subclass of evolution you can't beat it in ultimate consequence.

Your reputation shows you are a happy antagonist with an antisocial circuit, no offense intended. But you could make a better leverage for your invested time & energy by modifying your sympathy to reality base class level.
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May 06, 2017, 01:04:58 PM
 #117

I do see a big bubble like in 2014 everthing will go up and than .... DOWN!
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May 06, 2017, 03:32:06 PM
 #118

Those people were not known advisers.
They were nobody.
A collection of the dev & friends paid large amounts with made up corporate titles.
Back when it launched we all looked at the web page and the list with pictures.
This was YEARS before you guys showed up ...trying to rewrite scammy history.

And no liars diluting the market does not mean the coins are worth more.
Try learning simple math before posting retarded lies.

FUD first & ask questions later™
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May 06, 2017, 03:45:31 PM
 #119

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy
Many people said that ripple is a scam coin, they are freely to manipulate its market cap, release million coins into circulation.
But traders doesn't care about centralized details when the price constantly increasing over time as we can see last few months that ripple price grow up and it is simply your choice to buy it or not.
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May 06, 2017, 03:49:00 PM
 #120

some people say that XRP is a scam coin? Why have many big banks and financial organizations been using this xrp platform ?
XRP coin was born 2014 and through 3 years . it always continues to rise up stably every year and until XRP can hit 1.0$ so many investors will become millionaire  next year.
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