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Author Topic: Ripples XRP Shenanigans observation  (Read 2421 times)
ðºÞæ (OP)
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July 10, 2017, 07:58:05 AM
Last edit: July 13, 2017, 10:04:56 AM by ðºÞæ
 #1

First up we discuss facts here, XRP is not decentralized revolutionary new blockchain technology, it is just a ordinary database with signatures.

Almost 80% of all Bitcoins have been mined and available to trade freely. Anyone can mine this revolutionary blockchain tech and get his coins.
Ripple's Database with signatures XRP token is solely released by a centralized company.
Less than 10% is freely available to trade to date. Of the ~38% circulating supply, most of the free gifted tokens to banks and partners are locked.
Or bluntly, the bribery money can't be cashed in for some time.
No Bank will ever touch or buy XRP's, only sell the free gifted once.
The only purpose of XRP is to transfer money out of XRP 'investors' pocked and into Ripple investors pocked.

On a technical side, XRP is presumably the only Token/Coin with the genesis block not being 0, genesis ledger is Number 32570. It alone proves it is not decentralized blockchain, instead it is a central database where they stuffed up and lost the beginning.
You can not 'loose' part of a decentralized blockchain.

This is what happens when central database servers running out of disk space
Ledger 0 to 32569 and Genesis at 32570

by contrast proper revolutionary new world changing blockchain technology
Genesis  at 0






Only with a central database can the circulating supply become less, on revolutionary blockchain tech this is not possible (unless you publicly 'burn' a few million token)


What will happen when the other 90% become freely available?

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
ðºÞæ (OP)
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July 10, 2017, 07:58:24 AM
Last edit: July 10, 2017, 09:24:28 PM by ðºÞæ
 #2

Another clear indicator that a central company is making things up is the fact that in August 2014 20% of total supply became available and both price and volume did not change a bit.


Its a rigged game.


Bitcoin's Revolutionary Blockchain tech and Ripple's XRP Database with signatures tech

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
AiWanChu
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July 10, 2017, 08:43:05 AM
 #3

ripple has been heavily accumulated by whales, you will be at their mercy.. it makes BTC look decentralized by comparison
MemberBerries
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July 10, 2017, 09:48:29 AM
 #4

Aaaand more ripple FUD.
Why are you guys so scared about ripple?
I mean, why all the time and posts to spread FUD?

Do you think btc will remain nr 1?  Good. There is no need to spread lies and misinformations!


lool everything is cool, ive looked trough OPs post history. It seems he is the conspiracy guy. So very very very trustworthy source of information. Lol

Move on, nothing to see here that wasnt already debunked.
ðºÞæ (OP)
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July 10, 2017, 10:04:07 AM
 #5

Aaaand more ripple FUD.
Why are you guys so scared about ripple?
I mean, why all the time and posts to spread FUD?

Do you think btc will remain nr 1?  Good. There is no need to spread lies and misinformations!



Only hard core facts here.
Where is the fud?
Is it the fact the beginning is missing, is it the fact 20% of all xrp's where drooped at a keystrocke, is it the fact price has been falling without new coins being dumped, is it the fact circulating supply is from time to time less (what a joke), is it the fact a doggy company controls 100% of who gets released tokens?

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
MemberBerries
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July 10, 2017, 10:11:38 AM
 #6

Aaaand more ripple FUD.
Why are you guys so scared about ripple?
I mean, why all the time and posts to spread FUD?

Do you think btc will remain nr 1?  Good. There is no need to spread lies and misinformations!



Only hard core facts here.
Where is the fud?
Is it the fact the beginning is missing, is it the fact 20% of all xrp's where drooped at a keystrocke, is it the fact price has been falling without new coins being dumped, is it the fact circulating supply is from time to time less (what a joke), is it the fact a doggy company controls 100% of who gets released tokens?

Bro evidence. not conspiracy
namini
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July 10, 2017, 10:13:31 AM
 #7

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.
MemberBerries
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July 10, 2017, 10:15:45 AM
 #8

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.

This people are the worst lol. What are they trying?  Maybe you can tell me why they are "worried" and trying to be the savior for cryptoland
ðºÞæ (OP)
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July 10, 2017, 10:32:27 AM
 #9

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.
lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them.  XRP is only worth something because fools like you look at marketcap.

Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a database.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
MemberBerries
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July 10, 2017, 10:35:17 AM
 #10

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.
lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them.  XRP is only worth something because fools like you look at marketcap.

Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a database.

Yeah about that, can you provide evidence?
Feel free to show exactly where this is stated!
MemberBerries
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July 10, 2017, 10:39:01 AM
 #11

And where exactly is the example of how it is not decentralized like your favorite booi?

https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/
ðºÞæ (OP)
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July 10, 2017, 12:14:39 PM
Last edit: July 11, 2017, 07:59:42 AM by ðºÞæ
 #12

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.
lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them.  XRP is only worth something because fools like you look at marketcap.

Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a on database.

Yeah about that, can you provide evidence?
Feel free to show exactly where this is stated!

Where what is stated?
  • Are you disputing the fact that xrp genesis ledger is Number 32570 and not Number 0 and consequently can not possible be a decentralized blockchain as it would be impossible to loose part of a chain. Loosing part of the data is only possible on a ordinary centralized database.
  • Are you disputing the fact that at a keystroke 20% of all tokens got added to 'circulating supply' and neither price or volume changed any any way, only marketcap increased dramatically.
  • Are you disputing the fact that the circulating supply has decreased from time to time (laughable).


Look at beginning of thread to learn and get facts.


"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
namini
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July 10, 2017, 01:15:21 PM
Last edit: July 13, 2017, 10:50:22 AM by namini
 #13

20% are founders allocation, price didn't change because they are under strict lockup and can only sell small amounts.

Now you can tell me the founders allocation sux, but:

Jed donated 2B+ to charities :
"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."

+ undisclosed amount of XRP to Miri (charity):
https://intelligence.org/2014/01/18/investing-in-xrp/


Chris donated 7B to Rippleworks (charity):
http://www.rippleworks.org/
https://www.linkedin.com/company/rippleworks


Anyway, you see Ripple as the devil.
MemberBerries
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July 10, 2017, 02:03:53 PM
 #14

Quote
most of the free gifted tokens to banks and partners are locked.

I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that.
lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them.  XRP is only worth something because fools like you look at marketcap.

Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a on database.

Yeah about that, can you provide evidence?
Feel free to show exactly where this is stated!

Where what is stated?
Are you disputing the fact that xrp genesis ledger is Number 32570 and not Number 0 and consequently can not possible be a decentralized blockchain as it would be impossible to loose part of a chain. Loosing part of the data is only possible on a ordinary centralized database.
Are you disputing the fact that at a keystroke 20% of all tokens got added to 'circulating supply' and neither price or volume changed any any way, only marketcap increased dramatically.
Are you disputing the fact that the circulating supply has decreased from time to time (laughable).


Look at beginning of thread to learn and get facts.


Bro go and get some coks for you.
ðºÞæ (OP)
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July 10, 2017, 02:10:01 PM
Last edit: July 11, 2017, 06:45:56 AM by ðºÞæ
 #15

This is what happens when central database servers running out of disk space
Ledger 0 to 32569 and genesis at 32570

by contrast proper revolutionary new, world changing blockchain technology
Genesis  at 0


"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
ðºÞæ (OP)
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July 11, 2017, 06:45:29 AM
 #16


Update on proceedings.

21,71% of all Bitcoins still need a buyer and over 90%  (61,71% still held by Ripple Inc. + the looked free give aways) of Ripples XRP's database entries needs someone to buy.
Databases tech exist since the 1960, Blockchain tech since January 3 2009
You would think Ripple investors would chip in and help out XRP investors and not just await payment from them.


Main info at thread opening

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
findingthemoon
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July 11, 2017, 06:54:37 AM
 #17

People will defend ripple because they have money at stake but your facts are correct. The question then is whether that really matters, is the goal decentralization or is it functionality?

Ripple is supposedly very scale-able so that is a positive but as you say they have many new coins being released which is a big medium to long term negative. The only way they can create value for those coins is if it really gets widely adopted.

The whole banks thing I will also agree with you they are never going to buy ripple even if they are using the blockchain for financial services.
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July 11, 2017, 06:55:43 AM
 #18

U are a delusional fuck lol.

Just buy the coins for your selfish interest and stop fucking around.

Nobody is listening to you. They just quickly read trough this and check the conspiracy guy behind your account and go away from this thread. No one will EVER take you seriously.

the whole world is a conspiracy. And thank god we found you  mr savior. You have saved everyone with ur conspiracy informations. Man look for a job at CNN.
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July 11, 2017, 06:57:43 AM
 #19

People will defend ripple because they have money at stake but your facts are correct. The question then is whether that really matters, is the goal decentralization or is it functionality?

Ripple is supposedly very scale-able so that is a positive but as you say they have many new coins being released which is a big medium to long term negative. The only way they can create value for those coins is if it really gets widely adopted.

The whole banks thing I will also agree with you they are never going to buy ripple even if they are using the blockchain for financial services.

Yeah please when u guys have all the evidence together then bring it to the table lol


please exactly where it is stated that none of the XRP being used

And please bring some proof for many new coins being released.
MemberBerries
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July 11, 2017, 07:01:25 AM
 #20

Bring food to the table CONSPIRACY GUY.


Tell me more about Area51 and your abduction
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