Ripples XRP Shenanigans Observation

[ðºÞæ]

Update, another day and another day of no xrp sales.
With apparently 38,343,841,883 Billion xrp sold* so far that averages out to about 22,837,309 Million xrp sold per day until today
The last 46 days only 1,140,306 Million xrp have been sold thats average $213,955.21 a day
With 61,650,736,692 Billion xrp still locking for a buyer thats a static 1,373,221 Million every day until the last bitcoin is mined in 2140 (123 years)
Bitcoin already has almost 80% on the market and have reward having every 4 years and not a static mining reward
Anyone who can not see the looming xrp crisis does not deserve money.
The whole point of crypto is to do away with the parasite banks, once banks are done with so is xrp, if not before as banks do make the own distributed database and not relay on a third party
* most where given away friend family......






It should be 24 Million xrp sold every day if the same release schedule as Bitcoin
It is now even fallen below the static 1,373,893 needed to distribute the coins. For the last 47 day the average is only 1,116,044 Million sales daily


You can lead a Horse to the water, but you cant make it drink.



Get all info at Opening Post


Something to get head around, Yes it will count forever  

[ðºÞæ]

No sales again for several days (lets not even talk about confirmed sales).
The last 2 months Bitcoin added 0.57% of total remaining to circulating supply and Ripples XRP only 0.0525% of total remaining to circulating supply, means 61.65% still need to find buyer.
Thats only 52,454,093 Million xrp in over 2 months but daily it should be 24,000,000 Million sold to keep pace with Bitcoin. Right now falling further and further behind.
The age of this coin and still not managed to get 60% of coins on the market, total disaster.
XRP is not backed by anything other than lies and decide. It is just some price displayed and thats it, same as fiat. Exactly what is to expect from a doggy company.
 






Opening post with all info

And no, Banks dont use XRP. Since when Banks shy away from money? Being at the forfront would they not buy on mass instead disposing the free gifted (useless) XRP.
Banks are in the business of charging fees not pay them thats why they make the own projects, research "Project Ubin and Project Jasper".
The projects just copied XRP's code and use the own system.

[Blocken]

All this stuff is based on an assumption banks or something will use XRP. Right now, they don't. All the news you see is about adopting the Ripple Network, not XRP (they may be on the same blockchain, ironically).

The Ripple Network merely saves a bunch of "IOUs" on the blockchain.

Seriously... it doesn't look good.

[ðºÞæ]

It is sliding day by day further into fraud territory and soon becomes a fraud investigation, not a shenanigans observation.
The required 24 Million a day to keep pace with Bitcoin is certainly not happening.
Right now Ripples XRP can not even keep pace with Dogecoin which is mining and selling almost 14 Million per day with about the same total supply.



  

[Hodor7777]

Yet more nonsensical posts with no valid sources and no coherent argument. 

Any readers should do their own research about Ripple at reputable sources, not a random poster who is still screaming "SCAM" after Ripple has been in business since 2012.  Yes, some people were saying SCAM back then too.  I guess even after 90+ banks have adopted Ripple tech it's still a SCAM?  Really?   

In advance of whatever strange reply will occur after my post here, here is a link to JoelKatz debunking the persistent misconceptions about XRP and Ripple:  https://pastebin.com/pZFB2Lhg