By selling up to a billion XRP per month, which Ripple can do, and has at least 55bn to sell.
wrong
Which part is wrong?
Here everything I just said straight from the horse's mouth, i.e. Ripple.
Oh, right, you're just trolling. Again.
Repeating your BS again eh braman?
The part thats wrong is that they're not selling 55 billion ever. Its going to be locked away. You've been told this over and over. And here you are repeating the same crap again.
see right in the link you posted it says "RIPPLE TO PLACE 55 BILLION IN ESCROW TO ENSURE CERTAINTY INTO TOTAL XRP SUPPLY"
Even the link you posted contradicts you without even having to open the link. Can somebody ban this clown already?
So you didn't bother to read beyond the post title, and then resort (once again) to ad hominems. Truly a class act.
Quote from Ripple's
blog entry (emphasis mine):
We’ll use Escrow to establish 55 contracts of 1 billion XRP each that will expire on the first day of every month from months 0 to 54. As each contract expires, the XRP will become available for Ripple’s use. You can expect us to continue to use XRP for incentives to market makers who offer tighter spreads for payments and selling XRP to institutional investors.
We’ll then return whatever is unused at the end of each month to the back of the escrow queue. For example, if 500M XRP remain unspent at the end of the first month, those 500M XRP will be placed into a new escrow account set to expire in month 55. For comparison, Ripple has sold on average 300M XRP per month for the past 18 months.
Mic drop.
If Ripple is one thing, they are professional, so I'm confident they're not paying you for these brain farts. Therefore you are doing whatever it is you are doing with the intention to increase the value of XRP.
The thing is, a token with rock solid fundamentals and industry backing like Ripple can withstand crticism and scrutiny. You and your ilk are making Ripple the company and XRP the token look bad, as no professional will want to be associated with illiterate adolescents whose first course of action is to start calling people names, and use terms like "lulz", repeatedly. And no real investor wants to be part of such "community."
You are not helping Ripple or us XRP holders with your misguided attacks on anyone who has more than "to the moon" or repeating other weak memes.
No need to respond, I'm putting you (too) on ignore, after I check that you're not trying to spin my response your way. Again.