You think Ripple is done? think again.

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Lawsuit heating up http://fortune.com/2018/01/09/cryptocurrency-ripple-xrp-lawsuit/
 
"XRP is not a cryptocurrency
XRP is an electronic token, created and backed by a single company: Ripple Labs Inc. – a global money transaction business.

Ripple Labs today owns the vast majority of XRP (over 60% of the supply).
It is their sole decision to cash in on the value or completely devaluate the market by flooding it with cheap XRP.

You invest your hard-earned Fiat or BTC into a token for which Ripple Labs never paid a dime to create. It cost them literally nothing to
create the tokens people buy today at $4 per piece. 100% of the tokens were created out of thin air, while
the majority of the supply is still in control of Ripple itself."

https://cryptoyoda1338.wordpress.com
I know exactly what it is, and I don't need to read any guru blog for info. All of this is in RIPPLES whitepages. I don't hold any because they made it very clear from their launch they were going to keep dropping in more currency from escrow, nothing shaddy. But even so, let them hold 60% in escort. They need to pay all those mining farms to transfer everyone's coins 100x cheaper than bitcoin rates.

And as I said (clearly went over your head), you can call a sheep a cow, it'll still be a sheep. It is a form of cryptocurrency.
 
I know exactly what it is, and I don't need to read any guru blog for info. All of this is in RIPPLES whitepages. I don't hold any because they made it very clear from their launch they were going to keep dropping in more currency from escrow, nothing shaddy. But even so, let them hold 60% in escort.

So with the ripple price dropping is that one seriously expensive hooker or a really cheap one?

Anyhoo - where has Mr DojiStar Zionbar suddenly disappeared to?

Probably hiding under the bed at his moms house in case people who were daft enough to listen to him turn up on the doorstep.
 
So with the ripple price dropping is that one seriously expensive hooker or a really cheap one?

Anyhoo - where has Mr DojiStar Zionbar suddenly disappeared to?

Probably hiding under the bed at his moms house in case people who were daft enough to listen to him turn up on the doorstep.
Why so salty? Missed the train? Smart people took profit already and went in other coins.
 
So with the ripple price dropping is that one seriously expensive hooker or a really cheap one?

Anyhoo - where has Mr DojiStar Zionbar suddenly disappeared to?

Probably hiding under the bed at his moms house in case people who were daft enough to listen to him turn up on the doorstep.
Still doesn't change the fact it is a form of currency, anyway, I'll leave you to your virtual trading.
 
Ripple is just going to mirror the exact same dump pattern form the past.

It's like a very slow pump and dump.

Buy on the upcoming dip and you can actually make some safe money :P
 
I can see XRP going down hard, just like previous pattern. 100 max Billion supply of which 38 B circulating atm, how far do you think this can go.... Some guy even told me yesterday he thinks XRP can go to $30, dont be too deluded, IMO this thing is going down and should go down after all the hype!
 
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I can see XRP going down hard, just like previous pattern. 100 max Billion supply of which 38 B circulating atm, how far do you think this can go.... Some guy even told me yesterday he thinks XRP can go to $30, dont be too deluded, IMO this things is going down and should go down after all the hype!

$30 is a wishful dream that's never going to happen..... maybe $5 tops. Double up and bounce, rinse and repeat.



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$30 is a wishful dream that's never going to happen..... maybe $5 tops. Double up and bounce, rinse and repeat.



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IMO even $5 is a little over the top, $5 means it will have a MC of $190B which is very close to BTC's MC right now ( $230 B ).... I mean that speaks for itsself, maybe in a year or two who knows but I dont know about that one.

Not to mention it is a centralized coin of which most supply is in hands of corporate institutions, right now only 38% of all supply is in circulation. Once the rest gets released there wont be much value for XRP.
 
IMO even $5 is a little over the top, $5 means it will have a MC of $190B which is very close to BTC's MC right now ( $230 B ).... I mean that speaks for itsself, maybe in a year or two who knows but I dont know about that one.

Not to mention it is a centralized coin of which most supply is in hands of corporate institutions, right now only 38% of all supply is in circulation. Once the rest gets released there wont be much value for XRP.

You make valid points but in retrospect the same was said about it reaching $3ish
This company has a goal, if you look around you'll find it. All I say is this coin has/had a larger image at the end.

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I normally predict these things way, way too early, but I believe that you are now watching the last death throes of ripple.

It's clear that some "whales" are trying desperately to prop up the price, but they are failing miserably.

I doubt it's going to go over $2 again, it's struggling like mad to get there and once the people trying to prop it up pull the plug it will collapse spectacularly.

Even if it does it will be a fleeting moment before the entire charade collapses and it drops right back to 25c, and then below that even all the way to zero.

Of course some suckers will buy in at the "low price" before it hits zero - don't be one of them.

Probably once nipple pops, the rest of the cryptoscams will follow shortly afterwards.
 
IMO even $5 is a little over the top, $5 means it will have a MC of $190B which is very close to BTC's MC right now ( $230 B ).... I mean that speaks for itsself, maybe in a year or two who knows but I dont know about that one.

Not to mention it is a centralized coin of which most supply is in hands of corporate institutions, right now only 38% of all supply is in circulation. Once the rest gets released there wont be much value for XRP.
@ jack@
Here we go again... Despite it being mathematically impossible.
taken 30 seconds ago.

XRP 30.PNG
 
It's gone very quiet in here...

Are you still hodling or have you shit your pants and sold?

$1.33 and dropping
 
It's gone down even since my last post, it's 125 now and even hit 113 - the volume being sold is HUGE.

This could finally be it, the death knoll for an over hyped polished turd.
 
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