What you are stating is no different from printing off more coins. I can use the same analogy with the FED's quantitative easing tactic saying that they "released" more money into the system but in reality it still stinks of printing more money. Your statement is just a spin of what happened.
What I stated was a fact, they did not print any new XRP as there has always been 100 Billion. Again, it has to do with how their market cap is calculated on Coinmarketcap. You are lucky that Coinmarketcap handicaps them, as their market cap is actually bigger than Litecoin's market cap and they should be above Litecoin on the list.
Your statement that "it is no different than printing off new coins" is an untrue statement, and more of a "spin off" from reality than what I said, as what I said was fact and what you said is a falsehood. Go look at the genesis block in XRP and tell me I'm wrong. What the Feds do is different, as they print new money that was never in existence. The 100 Billion XRP has always existed since the genesis block and inception of Ripple.
I'm not here to start a pissing contest with you. However you phrase it, "released" or "printed" or "Magical pixel fairy shatted it out", the fact of the matter is that there was all of a sudden coins that were not there before.
This is not a pissing match, as you are wrong and it is a fact that there has always been 100 Billion XRPs since Ripple was created. They didn't print any coins recently like you state they did, the bolded statement is a lie. For the last time, it has to do with how their market cap is calculated on Coinmarketcap.
It is not my fault you don't know what you're talking about, this isn't a pissing match. Here is an article from 2013 when Ripple first came out saying there are 100 Billion. Notice how many Coinmarketcap has on their website compared to the actual number there is. Your hate for ripple is getting in the way of common sense. I don't particularly like Ripple either but these are facts.
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Everybody using a Ripple account will have some Ripples in their account, just to get them on the system, and there will always be people making a market, converting Ripples to real currency and back again. The good news, however, is that Ripples are not (fingers crossed) going to become speculative investment vehicles, in the way that bitcoins are. That’s because all the Ripples in existence — 100 billion of them — have already been created, and, to a first approximation, they’re all owned by OpenCoin, which is essentially the central bank of the Ripple economy. OpenCoin is going to be giving away billions of Ripples for free, to anybody opening an account, just to get the system seeded and get people transacting with each other. There’s little reason to hoard a few thousand Ripples if there are 100 billion of them just waiting to flood the market at any time.
https://www.ripplelabs.com/xrp-distribution/
http://blogs.reuters.com/felix-salmon/2013/04/11/the-promise-of-ripple/
Here is where you are not getting what I am saying, so maybe ill explain further. I do not dispute there was 100 billion ripple created, what I am saying is that the vast majority was tucked away and some were magically released into the wild. Which created a artificial market cap. Regardless of whatever you call it, those coins were previously not accessible to the public.
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It is not my fault you don't know what you're talking about,
This is why I said im not here to get into a pissing match. You are slinging stuff at me when you know I know what im talking about (its just semantics that we are talking about). I'm not smoothie, no need to get into an argument with me like this.
