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Author Topic: [BREAKING] Jed has decided to dump his billions of Ripples (XRP). Thoughts?  (Read 3315 times)
NWO (OP)
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May 22, 2014, 11:06:35 AM
Last edit: May 22, 2014, 11:46:13 AM by NWO
 #1

Original: https://xrptalk.org/topic/2629-selling-my-xrp/

The price is plummeting. What does everyone think?
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May 22, 2014, 11:12:00 AM
 #2

xrp were not meant to be a currency. just the stamp that gets licked onto each ripple transaction to cover ripples costs of their service.

if he is dumping all his ripple then he is dispersing more stamps to circulation to continue transactions to flow.


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May 22, 2014, 11:20:15 AM
 #3

It doesn't particularly seem to be confirmed. So until then it's just rumor, no?

more or less retired.
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May 22, 2014, 11:26:59 AM
 #4

Original: https://xrptalk.org/topic/2629-selling-my-xrp/

The price is plummeting. What does everyone think?

Anyone knows what is the status of Jed's secret project now ? Is this anyway related to that ? Like he's probably going to kick start his project (for which he was looking for alpha testers) and hence getting rid of Ripple.

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May 22, 2014, 11:45:41 AM
 #5

It doesn't particularly seem to be confirmed. So until then it's just rumor, no?

He sent 1 XRP to a user from his personal XRP account. It has also been verified through email and IP.
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May 22, 2014, 11:59:07 AM
 #6

Seems very real since the poster has access to the account with all the ripple.

I don't have many xrp. Waiting to see if it hits the market in one big hit or if some big investor buys it all from him in private. I see some people wanting to hear his price. What do you estimate he would ask for it all factoring in the price impact of dumping all of that at one time?

$25M?


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May 22, 2014, 12:37:28 PM
 #7

buy more

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May 22, 2014, 12:40:02 PM
 #8

I sold everything. There is enough proof there to prove that it was Jed.
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May 22, 2014, 12:44:42 PM
 #9

He can't possibly sell everything on an exchange... or can he?

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May 22, 2014, 12:57:30 PM
 #10

I bought some on the dip, almost hit it at the bottom.
Such a big stake will be moved off the books for sure.

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May 22, 2014, 12:58:21 PM
 #11

xrp were not meant to be a currency. just the stamp that gets licked onto each ripple transaction to cover ripples costs of their service.

if he is dumping all his ripple then he is dispersing more stamps to circulation to continue transactions to flow.



Lick those nipples!!


uhh stamps


uhh ripples


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May 22, 2014, 01:04:39 PM
 #12

Why would he be so stupid to dump it on the market?
I bet he has offers flying in already for the whole lot.

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May 22, 2014, 01:17:00 PM
 #13

 Sounds extremely questionable on more than one level.

 Even if true just very recently a German bank became a Ripple Gateway as I recall ? , so it's not like their not finally making some real progress.

 Ripple isn't a competitor of Bitcoin or other Cryptocurrencies, many don't understand that either, but that's no surprise. Ripple can be used to transfer and send payments in any currency, cryptocurrency or otherwise.



 As for this: https://xrptalk.org/topic/2629-selling-my-xrp/
 
 I wonder why Jed would be using a Newbie profile there, and right there this is just far too fishy to want to wade in any deeper imo. This is just too fishy. review all the posts. Far too fishy...


 Jed will go public if this is legit soon enough, but even so it wont cause myself to sell off any of the ripple that was given to many of us here at bitcointalk.org in early 2013.



 Buy on the rumor, and sell on the news. Not the other way around.

 Besides maybe it's a hostile takeover. That could be a good thing for holders of ripples long term, depending...


Patience.
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May 22, 2014, 01:37:45 PM
 #14

Well, if someone just wanted to buy cheap and created the rumor to initiate a panic sell, it was definitely successful Cheesy

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May 22, 2014, 01:44:50 PM
 #15

Well, if someone just wanted to buy cheap and created the rumor to initiate a panic sell, it was definitely successful Cheesy

Haha, NWO, was it you?
The wallet address posted is no evidence, there might be other fat wallets.

I wait for Jed to come out and say its bullshit. Watch the ripple effect then.

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May 22, 2014, 01:50:45 PM
 #16

Well, if someone just wanted to buy cheap and created the rumor to initiate a panic sell, it was definitely successful Cheesy
Nice one indeed.
Lets wait to hear from Jed himself.
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May 22, 2014, 01:54:56 PM
 #17

Original: https://xrptalk.org/topic/2629-selling-my-xrp/

The price is plummeting. What does everyone think?

Oh man, announcement will plummeting the price way more then him selling it..
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May 22, 2014, 02:58:50 PM
 #18

LOL, so just one guy sells his "premine" and Ripple instantly loses 40% of its price? Grin
What happens when other investors decide to abandon the ship?

btw, still not cryptocurrency.
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May 23, 2014, 12:22:08 PM
 #19

very bad news for XRP IMO. but they can probably struggle through it.
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May 23, 2014, 12:25:37 PM
 #20

very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:
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