Topic: How many XRP are circulating? (Read 545 times)
Somebody gave an answer in bitcoin.stackexchange.com
That's a good question and I read an interview recently where the CEO said exactly how many were released so far. I can't remember how much it was but you could google it and maybe find it. I want to say around 18 million but I could be way off there. I don't think it was a billion yet though.
100,000,000,000 XRP / 21,000,000 BTC = 4762 XRP/BTC at equal market cap value.
Today 1 BTC = 6000 XRP.
OpenCoin has a lot of power in their hands to move the exchange rate. It requires a lot of trust in them to buy at this price even though it is in their interest to keep XRP value high.
Today 1 BTC = 6000 XRP.
OpenCoin has a lot of power in their hands to move the exchange rate. It requires a lot of trust in them to buy at this price even though it is in their interest to keep XRP value high.
If I understand correctly, this is the distribution of XRP:
Total amont of XRP: 100 billion
Founders reserve: 20 billion
OpenCoin funds for development: 30 billion
OpenCoin give away: 50 billion
Now my questions are:
- How many of those 50 billion XRP have been already given away to the public? Is there any web tracking this number?
- Is OpenCoin selling some of their 30 billion XRP at the moment?
Total amont of XRP: 100 billion
Founders reserve: 20 billion
OpenCoin funds for development: 30 billion
OpenCoin give away: 50 billion
Now my questions are:
- How many of those 50 billion XRP have been already given away to the public? Is there any web tracking this number?
- Is OpenCoin selling some of their 30 billion XRP at the moment?
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