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Topic: [BREAKING] Jed has decided to dump his billions of Ripples (XRP). Thoughts? (Read 3349 times)

legendary
Activity: 1022
Merit: 1000
This seems odd, to have such a break is one thing, to turn around and really kill the market is another.  Maybe the other major stakeholders in xrp will make him an offer or convince him to reconsider and sell in a more orderly manner.

member
Activity: 71
Merit: 10
...this is the end, my friend.... my only friend, the end
full member
Activity: 171
Merit: 100
He could have predicted such a crash..
NWO
sr. member
Activity: 392
Merit: 250
You owe me 6 BTC, NWO.

And how many BTC do you owe those who lost BTC on your site coinlenders? lol

ROFL. Scammer claiming someone owes them BTC when they lost/stolen a f*ckton of BTC.

Ohh the irony  Roll Eyes


Even though I don't owe him 6 BTC... He was trying to blackmail me.
legendary
Activity: 1876
Merit: 1000
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:

This is a pure piece of corporate propaganda, baby.

The only actual number is 54 employees (may or may not be true)...
Which means they are burning through cash rapidly...
And constantly going hat in hand to venture investors.

Show me some actual REVENUE numbers for the Ripple network...
I don't care about unexplained "transaction volume" or XRP trading volume from Ripple Charts.

Post a link... and show me some hard numbers.

Not to mention the pool of volunteer program helpers they had with the bounty carrot in front that they rarely paid.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
You owe me 6 BTC, NWO.

And how many BTC do you owe those who lost BTC on your site coinlenders? lol

ROFL. Scammer claiming someone owes them BTC when they lost/stolen a f*ckton of BTC.
full member
Activity: 182
Merit: 100
why he announced it before dump?
legendary
Activity: 1588
Merit: 1000
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:

This is a pure piece of corporate propaganda, baby.

The only actual number is 54 employees (may or may not be true)...
Which means they are burning through cash rapidly...
And constantly going hat in hand to venture investors.

Show me some actual REVENUE numbers for the Ripple network...
I don't care about unexplained "transaction volume" or XRP trading volume from Ripple Charts.

Post a link... and show me some hard numbers.

Chris Larsen helped start Prosper.com, another company that isn't profitable and just burns through money at an alarming rate.

Where Larsen personally faced SEC charges...
And Prosper had to carry out major regulatory changes to stay in business.

The regulators haven't even started on Ripple yet...
Because they are always in a state of chaos... and too small to matter.

They have been in business in California for 3 years...
I'm sure they have proper Financial Statements which are all RED INK...
But the Larsen's and Jed's of this world always GET FUCKING PAID in good old USD.

full member
Activity: 228
Merit: 100
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:

This is a pure piece of corporate propaganda, baby.

The only actual number is 54 employees (may or may not be true)...
Which means they are burning through cash rapidly...
And constantly going hat in hand to venture investors.

Show me some actual REVENUE numbers for the Ripple network...
I don't care about unexplained "transaction volume" or XRP trading volume from Ripple Charts.

Post a link... and show me some hard numbers.

Chris Larsen helped start Prosper.com, another company that isn't profitable and just burns through money at an alarming rate.
legendary
Activity: 1588
Merit: 1000
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:

This is a pure piece of corporate propaganda, baby.

The only actual number is 54 employees (may or may not be true)...
Which means they are burning through cash rapidly...
And constantly going hat in hand to venture investors.

Show me some actual REVENUE numbers for the Ripple network...
I don't care about unexplained "transaction volume" or XRP trading volume from Ripple Charts.

Post a link... and show me some hard numbers.
vip
Activity: 1316
Merit: 1043
👻
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
XRP isn't suppose to be a coin that holds value.  If bitcoin is gold, then XRP is kindling for a fire.  XRP's purpose is literally meant to be burnt.  It is an anti-spam product.  Bitcoin is suppose to be valuable in the Bitcoin network.  In the Ripple network the valuable products are the IOUs for dollars, euros, gold..... not XRP.  It is better if he dumps it.  I bought XRP before I figured this all out.  Since then it has gone down and then gone down more.  But really, it is not that big of a deal.  Ripple is a very slick payment processing tech.  Way more useful than bitcoin.  But Bitcoin is first and a different model so I invest in it more.
full member
Activity: 205
Merit: 105
【Ƀ】➔ ☽
Original: https://xrptalk.org/topic/2629-selling-my-xrp/

The price is plummeting. What does everyone think?

Perfectly fine with me, never believed in Ripple anyway, and don't own any.

He made $40million of of this.
NWO
sr. member
Activity: 392
Merit: 250
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:

I personally think it is a good idea. I would rather Jed dump now than later. IMO this would have a larger effect if it was announced after multiple banks came on-board and XRP was trading on an all time high. It also means 1 of 3 huge XRP holders are out.

Hope yourself and Chris go ahead with the plan to sign an agreement about your respective amounts.
full member
Activity: 132
Merit: 100
Ripple
very bad news for XRP IMO. but they can probably struggle through it.
There is no struggle, Ripple Labs is doing astoundingly well:
newbie
Activity: 50
Merit: 0
very bad news for XRP IMO. but they can probably struggle through it.
sr. member
Activity: 266
Merit: 250
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.
legendary
Activity: 1834
Merit: 1009
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..
sr. member
Activity: 322
Merit: 250
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.
hero member
Activity: 2170
Merit: 640
Undeads.com - P2E Runner Game
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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