who even gives care about RiPPle?
~CfA~
Topic: Ripple on Coinmarketcap - 20 billion leapfrog to #3 (Read 2075 times)
That's a joke, market caps of mined and non-mined coins are completely different things. I can fuckin make non-mined coin and give it like gazzilion units and dethrone Bitcoin if I want.
Nah, they just updated web page which said only 8,2 billion is distributed while the truth was that its 28 billion. They just know updated their web page. Before it said 72 billion held, 8 billion distributed. Since 100 billion is created its common knowledge that 28 billion is distributed if 72 billion is held. Everyone knew that. I dont know why coinmarketcap used 8,2 billion in the first place.
The most correct would be to use 100 billion since its premine and all of them are created at once.
The most correct would be to use 100 billion since its premine and all of them are created at once.
yeah right, just a few hours after another scam outperformed their baloney, sure.
I dont think Ripple Labs is even remotely considered about its market cap or price of XRP. For over 2 years they keep telling people that XRP is not speculative currency and that its price doesnt matter. They have much more serious business to do.
IMO they were pressured by buyers to do it, since before it was 8,2bn and then Jed came out saying he will dump 9bn so noone understood how is that possible and people thought that 8,2bn is misleading number.
wtf? people actually check to include the premine scamcoins when viewing coinmarketcap 
By default coinmarketcap does not show the premine amount, you have to filter it.
Ripple's reaction when they lost the 3rd place...
wtf? people actually check to include the premine scamcoins when viewing coinmarketcap
Nah, they just updated web page which said only 8,2 billion is distributed while the truth was that its 28 billion. They just know updated their web page. Before it said 72 billion held, 8 billion distributed. Since 100 billion is created its common knowledge that 28 billion is distributed if 72 billion is held. Everyone knew that. I dont know why coinmarketcap used 8,2 billion in the first place.
The most correct would be to use 100 billion since its premine and all of them are created at once.
The most correct would be to use 100 billion since its premine and all of them are created at once.
full of sharks and whales...
This ones a turd.
I'm not just sure, I'm
full of sharks and whales...
I guess ripple is on track to be the first trillion dollar coin.
They didn't actually release any new coins, they just updated the figures to include the founders' allocation which for some unknown reason was missing from the numbers before.
But I agree that doing this now just to push above Bitshares and steal their limelight does't look good. I also find it strange since Ripple Labs seems to be doing everything it can to move Ripple away from the crypto currency scene and to get its users from traditional Financial Tech type companies.
From the recent information that I've gathered both Bitshares and Ripple are bad to their very core.But I agree that doing this now just to push above Bitshares and steal their limelight does't look good. I also find it strange since Ripple Labs seems to be doing everything it can to move Ripple away from the crypto currency scene and to get its users from traditional Financial Tech type companies.
They did however surprise me when Ripple jumped to #3. If they had distributed most of the funds their market would crash, same with Bitshares.
Keep everything to themselves, bump up the price and unload on the market. Good to see its fork Stellar following a similar get rich quick path.
Some day we will see an actually good fork with a good distribution.
Some day we will see an actually good fork with a good distribution.
The guys and gals at Ripple got desperate and just released another 20 billion XRP (8B before) to leap frog to #3 on Coinmarketcap from one second to another 
Haha...
As of now:
71,010,747,718 Total XRP Held by Ripple Labs
28,989,252,282 Total XRP Held by Others
Haha...
As of now:
71,010,747,718 Total XRP Held by Ripple Labs
28,989,252,282 Total XRP Held by Others
The protocol allows the team to "issue" new coins ??
No new coins were issued, they just updated the figures to include the founders' allocation.
The dutch are doing it right, that's all I am going to say.
The guys and gals at Ripple got desperate and just released another 20 billion XRP (8B before) to leap frog to #3 on Coinmarketcap from one second to another
Haha...
As of now:
71,010,747,718 Total XRP Held by Ripple Labs
28,989,252,282 Total XRP Held by Others
Haha...
As of now:
71,010,747,718 Total XRP Held by Ripple Labs
28,989,252,282 Total XRP Held by Others
The protocol allows the team to "issue" new coins ??
They didn't actually release any new coins, they just updated the figures to include the founders' allocation which for some unknown reason was missing from the numbers before.
But I agree that doing this now just to push above Bitshares and steal their limelight does't look good. I also find it strange since Ripple Labs seems to be doing everything it can to move Ripple away from the crypto currency scene and to get its users from traditional Financial Tech type companies.
But I agree that doing this now just to push above Bitshares and steal their limelight does't look good. I also find it strange since Ripple Labs seems to be doing everything it can to move Ripple away from the crypto currency scene and to get its users from traditional Financial Tech type companies.
https://www.ripplelabs.com/xrp-distribution/
As of July 31, 2014
*Total include business development agreements that are still pending.
http://webcache.googleusercontent.com/search?q=cache%3Ahttps%3A%2F%2Fwww.ripplelabs.com%2Fxrp-distribution%2F&oq=cache
also https://xrptalk.org/topic/3773-another-wholesale-buyer-dumping-20-mil-xrp/
Quote
71,010,747,718
Total XRP Held by Ripple Labs
28,989,252,282*
Total XRP Held by Others
Total XRP Held by Ripple Labs
28,989,252,282*
Total XRP Held by Others
As of July 31, 2014
*Total include business development agreements that are still pending.
http://webcache.googleusercontent.com/search?q=cache%3Ahttps%3A%2F%2Fwww.ripplelabs.com%2Fxrp-distribution%2F&oq=cache
Quote
71,747,399,323
Total XRP Held by Ripple Labs
8,252,600,677
Total XRP Held by Others
As of May 31, 2014
Total XRP Held by Ripple Labs
8,252,600,677
Total XRP Held by Others
As of May 31, 2014
also https://xrptalk.org/topic/3773-another-wholesale-buyer-dumping-20-mil-xrp/
XRP as a currency might be shit, but the Ripple system seems to be good and with ~50 employees they have now it can be something big one day.
That was such a dumb move....it just screams: "Oh noes, I'm afraid of the big bad BTSX"
Even if it was planned before BTSX showed up, the timing makes it look so dodgy.
Oh, well, it's their reputation on the line.
Even if it was planned before BTSX showed up, the timing makes it look so dodgy.
Oh, well, it's their reputation on the line.
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