fred930
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August 03, 2014, 05:12:11 PM |
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I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders?
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xchrix
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August 03, 2014, 05:13:12 PM |
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atoni
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August 03, 2014, 05:14:47 PM |
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I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders? Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
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atoni
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August 03, 2014, 05:16:34 PM |
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I am not sure if it calculates correctly. Its market cap should be around 100 million USD not 4 million.
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HostFat (OP)
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August 03, 2014, 05:20:25 PM |
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Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better.
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atoni
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August 03, 2014, 05:22:19 PM |
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Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better. I dont know, to me its worse that they put in code that 1% goes to Jeds girlfriend. Its just marketing that anyone can get any part of it since its impossible to get so many votes.
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HostFat (OP)
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August 03, 2014, 05:27:30 PM |
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I dont know, to me its worse that they put in code that 1% goes to Jeds girlfriend. Its just marketing that anyone can get any part of it since its impossible to get so many votes.
One more reason to not hold it! (give it to me ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) Anyway, there is nowhere that they are giving 1% to Jed's girlfriend ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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rugrats
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August 03, 2014, 05:29:36 PM |
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I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders? Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it. I thought he gave everyone a two-week notice before selling. Edit: Just checked. He did.
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b!z
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August 03, 2014, 05:30:32 PM |
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Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better. I dont know, to me its worse that they put in code that 1% goes to Jeds girlfriend. Its just marketing that anyone can get any part of it since its impossible to get so many votes. Who is Jed's girlfriend? Joyce Kim?
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4onesea
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August 03, 2014, 05:30:42 PM |
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The price dropped alot since the very beginning.
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atoni
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August 03, 2014, 05:31:30 PM |
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Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better. I dont know, to me its worse that they put in code that 1% goes to Jeds girlfriend. Its just marketing that anyone can get any part of it since its impossible to get so many votes. Who is Jed's girlfriend? Joyce Kim? Yes.
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atoni
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August 03, 2014, 05:33:06 PM |
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I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders? Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it. I thought he gave everyone a two-week notice before selling. Edit: Just checked. He did. He didnt even sell any. And he probably wont. That is just to scare people so they dont buy xrp but stellar instead. Its keeping community his hostage.
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HostFat (OP)
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August 03, 2014, 05:36:31 PM |
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He didnt even sell any.
Can you show all his addresses on ripple.com/graph? (giving a proof that you are saying the truth)
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atoni
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August 03, 2014, 05:38:18 PM |
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He didnt even sell any.
Can you show all his addresses on ripple.com/graph? I think there was a web page that followed it but its for pay now. He sold only a couple of million. Crashed happened as community got scared and sold their XRP. He will not sell, he is not stupid, you can dump only once but you can threaten forever.
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HostFat (OP)
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August 03, 2014, 05:41:26 PM |
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I think there was a web page that followed it but its for pay now. He sold only a couple of million. Crashed happened as community got scared and sold their XRP. He will not sell, he is not stupid, you can dump only once but you can threaten forever.
It can be true, but you know, claiming without proofs it's like cheap talk ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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hypostatization
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August 03, 2014, 05:46:36 PM |
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Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
I thought he gave everyone a two-week notice before selling. Edit: Just checked. He did. He didnt even sell any. And he probably wont. That is just to scare people so they dont buy xrp but stellar instead. Its keeping community his hostage. He has sold some. I fully agree on the hostage bit. In leaked communications, it was previously revealed that Jed had apparently threatened Ripple Labs with a fire sale of his founders XRP. After his public announcement many community members sold, anticipating a major price drop, and more sold after information about his private conduct was revealed. Jed did not respond to or acknowledge questions from the community. Sale activity has been sporadic and with no community transparency. Jed basically gave everyone the finger. Community perspective quickly changed to: Jed just needs to get it over so that Ripple can be free of him. Doing so, however, would me that he then loses his ability to control the Ripple community and value of XRP. Maintaining that leverage aligns with the interests of Stellar/Stripe. Jed is continuing to hold the threat of annihilating Ripple over the heads of community members, while simultaneously attempting to attract them to his network (with the implicit suggestion that all the Ripple grassroots community has worked to build will soon be scorched earth).
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atoni
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August 03, 2014, 05:48:22 PM |
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www.rippletrak.com is the web page that followed Jed. But its for pay now. You can check on XRPtalk.org there is a lot of topics about Jed sell off and you there is a lot of info from that page prior to being pay only. You can also check XRP volumes. He has 9 billion of XRP compare that to volumes that happened since then and you will see its not even near that amount. There is no web page for XRP distribution that is free so I cannot tell you exact number now. But it is true that he sold only very little and kept his offers a lot higher then sell price in order to stop XRP price from growth. Just go through xrptalk forum there was a lot of people following the action since it was hot theme then. Also, there you will find which are Jeds known wallets and you can check it your self how many XRP is still on them through https://ripple.com/graph/Basically, he still got over 8,5 billion (some he donated so he didnt have full 9 billion) to threaten to community.
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HostFat (OP)
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August 03, 2014, 05:57:03 PM Last edit: August 03, 2014, 06:09:05 PM by HostFat |
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So what is your opinion on the possibility that he made an agreement with Ripple Labs to NOT sold them and find another way?
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hypostatization
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August 03, 2014, 05:59:35 PM |
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So what is your opinion on the possibility that he made an agreement with Ripple Labs to NOT sold them and find another way?
He has been selling, and without community transparency on basic questions like timelines and quantities. After fueling fire sale speculation, he has now left everyone in the dark. July 31 is the last mention of identified activity in this thread: Jed McCaleb = Troll or scammer?
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