[QQQ] [XRP] sudden loss of value???

[jubalix]

is there any explination as to the sudden XRP loss of value, by 400- 500 % v BTC

[NWO]

OC recently gave 200 million XRP to an unknown individual/ company and they proceeded to dump. Expect the price to go a lot lower.

[smoothie]

Did anyone not have any doubts that OpenCoin Inc would release millions if not billions of XRP to their investors?

I believed they would do it.

[kelsey]

All I can say is how did people not understand from the start how big a number 100 billion really is.

[DiamondCardz]

Did everyone not see this coming? The market is being ruined and fucking over anyone who invested in XRP because OpenCoin wants money.

[jubalix]

OC recently gave 200 million XRP to an unknown individual/ company and they proceeded to dump. Expect the price to go a lot lower.

200 million to some one who had no faith in XRP?

really....where is this news?

[CIYAM]

200 million to some one who had no faith in XRP?

Faith in "electronic postage stamps"?

I must say that I am not surprised (all along Open Coin had stated that the purpose of XRP was not to be a currency itself - but at the same time they profited greatly by not intervening as the gullible bet on it).

They are clever at "social manipulation" but I think they will find that people don't actually enjoy be tricked (especially people that have ended up losing money because of it).

[jubalix]

200 million to some one who had no faith in XRP?

Faith in "electronic postage stamps"?

I must say that I am not surprised (all along Open Coin had stated that the purpose of XRP was not to be a currency itself - but at the same time they profited greatly by not intervening as the gullible bet on it).

They are clever at "social manipulation" but I think they will find that people don't actually enjoy be tricked (especially people that have ended up losing money because of it).

ah not so much that but valid point but that OC would give 200M to some one who they knew or reasonably knew may dump it,