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Topic: Ripple on Coinmarketcap - 20 billion leapfrog to #3 - page 2. (Read 2088 times)

member
Activity: 81
Merit: 10
Would have been better for Ripple to just let BitsharesX go above them. Makes them look even worse now...lol
sr. member
Activity: 434
Merit: 250
haha

this just confirms what I thought

ripple = manipulative shit that should be avoided

full member
Activity: 126
Merit: 100
Serious question,

Why would anyone invest in ripple? Use, I can kind of understand (although I haven't) but invest, no chance.
Agreed.i always wonder why people buy XRP?Ripple system is good but XRP is a piece of sh**
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com

Thanks for clarifying, fudge. That is merely the total cap of Ripple (100B) and Coinmarketcap incorrectly displayed these, although displaying the correct marketcap calculated only from the 8b in circulation at that time.

It switched to displaying only the coins in circulation shortly after. With the release of 20B more coins, Ripple's capitalization jumped from 38 to 138 million instantly...

Jesus fuckin age Christ that is one fuck of a coin!!!!! *throws life savings into it due to market cap*

Heavy sarcasm obviously Cheesy
hero member
Activity: 798
Merit: 500

Thanks for clarifying, fudge. That is merely the total cap of Ripple (100B) and Coinmarketcap displayed this incorrectly, although it calculated the correct market cap from only the 8b in circulation at that time.

It switched to displaying only the coins in circulation shortly after. With the release of 20B more coins, Ripple's capitalization jumped from 38 to 138 million instantly... perhaps CMC should simply remove it Grin
hero member
Activity: 666
Merit: 500
it was 100 billions some days ago
full member
Activity: 140
Merit: 100
Not really it shows more so that people using ripple have no idea what their XRP are really worth at any moment.
full member
Activity: 140
Merit: 100
Serious question,

Why would anyone invest in ripple? Use, I can kind of understand (although I haven't) but invest, no chance.
hero member
Activity: 798
Merit: 500
to whom were they released? I want in!
... don't Wink

Quote
Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued. Ripple Labs will retain the remaining 25 billion.

As of November 30, 2012, 7.2 billion XRP have been distributed. The amount of XRP distributed can be found on the Ripple website and their movement tracked through the Ripple Live Network.
legendary
Activity: 1611
Merit: 1001
to whom were they released? I want in!
hero member
Activity: 798
Merit: 500
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 Cheesy

Haha...

As of now:
71,010,747,718  Total XRP Held by Ripple Labs
28,989,252,282  Total XRP Held by Others
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