Wow people, Ripple is about to announce Lock-up on XRP supply in June, and also show of their platform escrow while doing so.
Big news coming.... June is going to be an even bigger blast - don't pay an attention to the negative misinformation losers here. They will die of their own heartburn.
Here, i posted the details i got to know of : https://bitcointalksearch.org/topic/xrp-ripple-announcing-lock-up-next-month-june-shoot-to-stars-1904801
Sweeeet
excellent post on your link m8...* ( heres one lil bit )
Additionally, as a remainder unlike Bitcoin, ETH etc which are "Inflation" currencies that increase their supply over time, Ripple is Deflationary. Meaning, NO new coin can ever be mined/created, and Supply reduces over time as every transaction destroys certain amount of XRP.
I said a few days ago....Also i think the supply of 100bill is misunderstood.
Alot of the supply will be and has been bought and will never be sold as banks hold it as reserve. Some will be tied up into smart contracts, some will get burnt.
We could end up seeing a few bill XRP on the market for sale in the near future, then as time passes a few mill XRP.
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Ignore coins being pumped that you dont own, they cant sustain the price for long and profits will end up back in XRP...if XRP goes under 10cents , its a clear buy...i hope it stays around here for a few days or drops a bit tbh...
consolidate around 10cents...lets me buy more cheap XRP
wasn't there a term they use "pickening" i am however not sure if i spell it right but that's the way its pronounced. i think pickening is less than 1 cent.
XRP just crossed $0.10 and i guess it will be unstoppable now. it will soon be $0.15
Well XRP still has a long way to go. to replace a 300 billion (minimum) remitance market on rcl, it will need to be at 2 to 3 USD to provide manageable liquidity. So one way or the other - eventually price will get there.
