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Topic: Founder of Ripple is announcing he is dumping his XRP. Ripple crashes 35% and st (Read 5766 times)

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
In my view Ripple will crash within the two next months to the bottom!
Sad for me - I invested a lot and paid a huge price for it  Sad

if you see your folly, get out now and cut your losses.
member
Activity: 61
Merit: 10
In my view Ripple will crash within the two next months to the bottom!
Sad for me - I invested a lot and paid a huge price for it  Sad
newbie
Activity: 57
Merit: 0
Ripple Board Member Resigns

"Hey ya'll. Jesse from Kraken here.
Today I have submitted my resignation from the Board of Ripple Labs. While I care about the people who work there and I wish the company the best, I cannot personally continue to support the business.
I believe that the technology and the protocol hold great promise, and have since the beginning, which is why I was the company’s first investor. Since Jed's departure, the management of the company has taken a different direction. Sadly, the vision Jed and I had for the project in the early days has been lost. I’m no longer confident in the management nor the company’s ability to recover from the founders’ perplexing allocation to themselves of 20% of the XRP, which I had hoped until recently would be returned. Prior to Jed's departure from Ripple, I had asked the founders to return their XRP to the company. Jed agreed but Chris declined—leaving a stalemate. This afternoon, I revisited the allocation discussion with the pair and again, where Jed was open, Chris was hostile.
As an investor, of course, I hope that Ripple Labs will overcome its hurdles and prove my lack of confidence misplaced. Unfortunately, unlike the founders, I don’t have swathes of XRP to dump if I don't think it's working out."

http://www.reddit.com/r/Ripple/comments/26ccz3/ripple_board_member_resigns/

Could someone post some more links about this story?
legendary
Activity: 1511
Merit: 1072
quack
Whoa! TradeFortress you just amazed me. You think Ripple is a cryptocurrency? LOL


Indeed, Ripple is not a cryptocurrency! Now quit trolling please.
vip
Activity: 1316
Merit: 1043
👻
Whoa! TradeFortress you just amazed me. You think Ripple is a cryptocurrency? LOL

legendary
Activity: 1511
Merit: 1072
quack
Whoa! TradeFortress you just amazed me. You think Ripple is a cryptocurrency? LOL
sr. member
Activity: 280
Merit: 257
bluemeanie


YourLogicalFallacyIs.com?

the creator of that site must be real fun at parties.

-bm
full member
Activity: 168
Merit: 100
Yes you are a scammer, I lost tons to you. People beware of TradeFortress!
vip
Activity: 1316
Merit: 1043
👻
The value of XRP still isn't important at all. TradeFortress (inputs.io etc. scammer) made the site 'ripplescam.org' which full of blatant lies. That is the main reason he can't change his attitude anymore.

legendary
Activity: 1511
Merit: 1072
quack
The value of XRP still isn't important at all. TradeFortress (inputs.io etc. scammer) made the site 'ripplescam.org' which full of blatant lies. That is the main reason he can't change his attitude anymore.

The main problem here is that this scammer TradeFortress still has people behind him who trust him and his words because he, TradeFortress, the scammer, has given away small sums of bitcoins to very large crowd of people. Think it as bribing. When you scam thousands of bitcoins it's worth 'investing' a part.
legendary
Activity: 2618
Merit: 1007
Any sources for your claims, Mr. inputs.io + coinlenders? Roll Eyes
vip
Activity: 1316
Merit: 1043
👻
Why did the ripple price on coinmarketcap shoot up a week or two before this announcement? It's dropped like a stone now, but it must have increased by 50% + in the weeks before the announcement.
Fidor bank announced they'll integrate with Ripple, there are were most likely several more banks and financial institutions in the pipeline, their client got a slight overhaul and XRP are still relatively strongly correlated with BTC movements, so once BTC went up, XRP went up too.

legendary
Activity: 2618
Merit: 1007
Why did the ripple price on coinmarketcap shoot up a week or two before this announcement? It's dropped like a stone now, but it must have increased by 50% + in the weeks before the announcement.
Fidor bank announced they'll integrate with Ripple, there are most likely several more banks and financial institutions in the pipeline, their client got a slight overhaul and XRP are still relatively strongly correlated with BTC movements, so once BTC went up, XRP went up too.
full member
Activity: 546
Merit: 100
You just can't trust anyone nowadays.
legendary
Activity: 1736
Merit: 1001
What a creep I hope it runs up after he sells.
sr. member
Activity: 280
Merit: 257
bluemeanie
rearranging the deck chairs....  Cheesy

-bm
newbie
Activity: 56
Merit: 0
Ripple Board Member Resigns

"Hey ya'll. Jesse from Kraken here.
Today I have submitted my resignation from the Board of Ripple Labs. While I care about the people who work there and I wish the company the best, I cannot personally continue to support the business.
I believe that the technology and the protocol hold great promise, and have since the beginning, which is why I was the company’s first investor. Since Jed's departure, the management of the company has taken a different direction. Sadly, the vision Jed and I had for the project in the early days has been lost. I’m no longer confident in the management nor the company’s ability to recover from the founders’ perplexing allocation to themselves of 20% of the XRP, which I had hoped until recently would be returned. Prior to Jed's departure from Ripple, I had asked the founders to return their XRP to the company. Jed agreed but Chris declined—leaving a stalemate. This afternoon, I revisited the allocation discussion with the pair and again, where Jed was open, Chris was hostile.
As an investor, of course, I hope that Ripple Labs will overcome its hurdles and prove my lack of confidence misplaced. Unfortunately, unlike the founders, I don’t have swathes of XRP to dump if I don't think it's working out."

http://www.reddit.com/r/Ripple/comments/26ccz3/ripple_board_member_resigns/
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
No doubt, it will all probably *** just disappear ***...

What you dream at night.
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