Then why the fuck did this guy sell all of his XRP in 2019?
If XRP was going to moon
Gabriel Stewart
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Asher Hall
He didn't. In fact he recently was very public about registering his xrps for the flare drop.
Joseph White
Wrong.
>More XRP held by Ripple than there is currently in circulation (55 vs 45 billion)
>1 billion XRP will be released every 55 months, all XRP returning to escrow at end of month
>That means with XRP at a price of let's say 10 USD somebody has to buy XRP for 10 billion USD each month
>Who could possibly do that? The balance sheet of the federal reserve is about 4 trillion USD
>Ripple the company would be worth more than 13% of the federal reserve
>XRP standing at only 70 USD would mean that Ripple the company would be worth more than the federal reserve
>Ridiculous power for a private company
Brayden Gonzalez
He bought xrp with his own money. They aren't free. He can do w.e he wants to do with it. Aka trade
Landon Clark
>Ripple will have to give away most or part of its escrow to IMF, BIS or destroy most of it
>The release of 1 billion XRP per month means an inflation rate of more than 2% per month or 25% per year, that's even more than the USD
>There is a lack of information about who Ripple sells this 1 billion XRP to and at which price, there's no transparency
>A significant price increase of XRP (in relation to BTC) is not going to happen before escrow is empty, so probably at least 5 years
>If XRP is becoming a success and a danger for central banks then why should Ripple the company not just introduce another clone of XRP
>Let's say 100 bln of GCU (global currency unit) and distribute it to central banks? XRP could be thrown out of the net and replaced by GCU in seconds and become totally worthless
Jackson Diaz
He sold all of his XRP in April 2019. This is akin to Charlie Lee selling all of his LTC, if he knew the price was going to increase dramatically why would he dump his bags? Any XRP that he has bought after that is irrelevant.
Michael Kelly
it's not going to moon, but it has been a great cash cow for that big downie cunt
xrp is a retarded shitcoin, and the threads they've been spamming since the link pump to $20 are slide threads at best, or unironic retards trying to get biz to validate their twitter nigger bags
Blake Hernandez
This guy looks like he should be on the cover of Der Schtumer
Ethan Gray
>cave troll
Daniel Garcia
XRP schizos can't refute a single thing I've said, nor the fact that Ripple's own CTO sold all of his XRP. You guys are hopeless.
Gavin Edwards
Take the redpill, cRipples
Jace Perry
did you stroke out? silly willies
Jayden Cox
You can buy XRP for USD though lol
Leo Miller
Lol this kike does not even remotely try to hide his kikeness.
So what Ripple is gonna have like 300 billion of these flare tokens ?
You Ripple bagholders are pathetic.
Samuel Hughes
>Any XRP that he has bought after that is irrelevant
what is swinging, i get the first bit but that last comment is downright retarded
dunno and dont care desu, if you want an obvious answer to why xrp's price will rise
100mil USD rn is about 430,500,000 XRP tokens, if the total supply is 100b, the cap for simultanious transfers at this scale is pretty much 232. and the current circulating supply is only 45b
>two hundered 100m dollar transactions??? retarded cope
dont forget what ripples target audience is anons 100m is bush league
Michael James
>DeRisks all over your forehead
Sebastian Perry
>what is swinging
Why would he swing if he knows that it is going to be adopted and spike to $2000 in an instant? Dumbass. This ENTIRE comment is retarded.
Levi Myers
Numbers are wrong there chief.
You really think the fed balance sheet is what they show you? They are creating 10's billions on a daily basis to keep this shit show going. The pile of derivatives, cdo, phantom accounting is 100's trillions.
Luke Diaz
Tyler Price
> goys, relaxy my wife makes me dump hot steaming loads of shitcoin all over your faces every month
> I have no choice my wife makes me be a billionaire
Yeah Ok
Alexander Williams
Leave it to you to not accept the answer once given.
This is why we don't answer the flood of fud every single day. We have either already answered it a million times, or you are too braindead to accept it. Enjoy the cognitive dissonance.
Levi Howard
>"noooooo you can't dissect my investments logically, that means that I actually have to stop being amoeba tier intelligence and think of a rebuttal!"
Not. An. Argument.
Juan Bailey
>has never heard of balancing a portfolio
Joshua Morgan
cognitive dissonance.
Christopher Gray
Low IQ.
Wyatt Reyes
>assuming. Also thinking it matters.
Investing is not a game where the guy with the 160 IQ beats the guy with a 130 IQ. Rationality is essential,” -Warren Buffet
Please now tell me how one of the riches investors in the world is wrong.
Once again, cognitive dissonance.
Hudson Campbell
Thanks for this user. It makes perfect sense, the X in xrp is an exchange. As above so below as within so without. 'THE GREATEST TRANSFER OF WEALTH." TRANSFER.
Jace Watson
Stupid Jewish XRP financially ruined the Hodge Twins!
Ethan Ortiz
The greatest TRANSFER of wealth.
Josiah Powell
>Ripple the company would be worth more than 13% of the federal reserve
>XRP standing at only 70 USD would mean that Ripple the company would be worth more than the federal reserve
>Ridiculous power for a private company
Apple is worth 50 percent of the fed by this logic then. Shut the fuck up, idiot.
Easton Jackson
So you admit that you're low IQ? Btw that's not what cognitive dissonance means, don't use terms you're not familiar with in a bid to sound more intelligent than you are, it's cringe. Also appeal to authority, seething.
Easton Rivera
No an argument. Seething.
Yeah, where Ripple dumps on you desperate losers and they transfer your wealth into their pockets, kek.
Jeremiah Martinez
Liam Parker
>the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change.
So when I said assuming....you once again assume admittance? Ok bud. You won this one. Your IQ is too high for my meager and baseless claims. You are right. Maxi seething rn.
Angel Watson
Low IQ seething word salad.
Leo Howard
Kicking a low IQ while he is down and defeated?
Wow what a chad. Teach me senpai.
Carter Young
>Kicking a low IQ while he is down and defeated?
Yes.
>Wow what a chad.
Yes.
>Teach me senpai.
No.
Christopher Brooks
It's a refutation of your stupid argument that no company could have such power. I drop the word "private" here, as it's evident Ripple will go public fairly soon, so the use of the term is largely redundant
Ayden Price
How will I ever recover?
Oh well. Buying more XRP.
Jacob Fisher
>why would he swing if he knows
stopped reading there, sorry, i dont know why someone would swing if they knew when would be a good time to hold. the funny thing is this is all hypothetical anyway, he holds xrp.