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MisterRipple

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  1. Like
    MisterRipple got a reaction from LetHerRip in Ripple Statement   
    Don't worry, the lawyers will do everything they can to declare XRP a currency instead of a security and they will also save Brad, Chris and others asses.
    Once this whole thing is settled it's going to be business as usual.. Read; Ripple still possessing 60% of the total supply, still dumping their bags, claiming a dozen of banks will be using XRP via ODL and hang a new carrot in front of our noses.

    The show must go on but to me the damage is done
  2. Like
    MisterRipple got a reaction from LetHerRip in Brad has dumped 600 million dollars worth of XRP   
    To me it's dead simple.
    If Ripple and it's founders, ceo's didn't have 60% of the total XRP supply we wouldn't be in this position.
    It's pure greed and a big back stab at "us" / retail investors.
    Ripple didn't get anywhere with their ODL products, it was the carrot they hung in front of our nose to keep us busy analysing charts, flows etc..

    Well played but your time has come.
     
  3. Haha
    MisterRipple got a reaction from DavyJones in Ripple Statement   
    Don't worry, the lawyers will do everything they can to declare XRP a currency instead of a security and they will also save Brad, Chris and others asses.
    Once this whole thing is settled it's going to be business as usual.. Read; Ripple still possessing 60% of the total supply, still dumping their bags, claiming a dozen of banks will be using XRP via ODL and hang a new carrot in front of our noses.

    The show must go on but to me the damage is done
  4. Like
    MisterRipple got a reaction from XRPage in Ripple Statement   
    Don't worry, the lawyers will do everything they can to declare XRP a currency instead of a security and they will also save Brad, Chris and others asses.
    Once this whole thing is settled it's going to be business as usual.. Read; Ripple still possessing 60% of the total supply, still dumping their bags, claiming a dozen of banks will be using XRP via ODL and hang a new carrot in front of our noses.

    The show must go on but to me the damage is done
  5. Like
    MisterRipple got a reaction from Inequivalent in Ripple Statement   
    Don't worry, the lawyers will do everything they can to declare XRP a currency instead of a security and they will also save Brad, Chris and others asses.
    Once this whole thing is settled it's going to be business as usual.. Read; Ripple still possessing 60% of the total supply, still dumping their bags, claiming a dozen of banks will be using XRP via ODL and hang a new carrot in front of our noses.

    The show must go on but to me the damage is done
  6. Like
    MisterRipple got a reaction from MrEman in Ripple Statement   
    Don't worry, the lawyers will do everything they can to declare XRP a currency instead of a security and they will also save Brad, Chris and others asses.
    Once this whole thing is settled it's going to be business as usual.. Read; Ripple still possessing 60% of the total supply, still dumping their bags, claiming a dozen of banks will be using XRP via ODL and hang a new carrot in front of our noses.

    The show must go on but to me the damage is done
  7. Like
    MisterRipple reacted to Dario_o in Crawl, Walk, Get hit by a Bus   
    CL and BG are potentially in a lot of trouble, but XRP is the real casualty.
    What was just unsubstantiated FUD on Reddit and crappy blog out there, is now in the mainstream media.
    Not sure if Ripplenet is going to get a new customer a week from now on
  8. Like
    MisterRipple got a reaction from anteksiler in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  9. Like
    MisterRipple reacted to XRPage in Ripple Defence   
    Yet another Ripple defender. It is ridiculous. I understand you may think that by fighting fud your investment may go green again but until dirt is removed no new sprouts will grow. If this means letting go founders and half team, just be it. 
    Ripple and employees shouldnt sell xrp while there is no real demand for real usage. They have salaries like any other workers. The distribution excuse is just that, an excuse to keep selling for other Ripple operation expenses and to enrich themselves. If Ripple is not profitable without selling xrp then the business model just doesn't work. Change it or quit. 
  10. Like
    MisterRipple reacted to xerxesramesepolybius in The most disturbing allegations in the SEC complaint   
    So many words, so many desparate attempts to avoid reality. Here let me make one part easier with a picture (the source is data in the SEC Complaint).

    See? Ripple Labs is a cryptocurrency firm with a small unprofitable sideline in payments software and doing proof of concepts for banks.
    All those people in this forum who simply made up numbers about how successful Ripple was as a software company or were still in denial after that FT article where Brad admitted Ripple only made a profit because of XRP sales, please hang your heads in shame.
     
     
  11. Thanks
    MisterRipple got a reaction from Dario_o in Brad has dumped 600 million dollars worth of XRP   
    N'uff said
  12. Like
    MisterRipple got a reaction from SquaryBone in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  13. Like
    MisterRipple got a reaction from MarcusAurelius in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  14. Like
    MisterRipple got a reaction from LetHerRip in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    I'm not worried whether XRP is a security or not, I think Ripple has the potential to get the outcome they want in court for not being a security.
    That's not the problem AT ALL.
    My biggest concern since I discovered RIpple/XRP in 2017 was the fact that Ripple / founders / CEO's etc own 60% of the total supply and the fact that we depend way to much on Ripples succes to make XRP go up in price. 
    And this is exactly what we see today; the SEC sues Brad and  Chris for dumping their XRP on our back + Ripple is halted in its development in the US due to being a security.
     
     
  15. Like
    MisterRipple got a reaction from Dario_o in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    I'm not worried whether XRP is a security or not, I think Ripple has the potential to get the outcome they want in court for not being a security.
    That's not the problem AT ALL.
    My biggest concern since I discovered RIpple/XRP in 2017 was the fact that Ripple / founders / CEO's etc own 60% of the total supply and the fact that we depend way to much on Ripples succes to make XRP go up in price. 
    And this is exactly what we see today; the SEC sues Brad and  Chris for dumping their XRP on our back + Ripple is halted in its development in the US due to being a security.
     
     
  16. Like
    MisterRipple got a reaction from xrp_is_love_xrp_is_life in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  17. Like
    MisterRipple got a reaction from blueorchid in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  18. Like
    MisterRipple got a reaction from LetHerRip in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  19. Like
    MisterRipple got a reaction from Teslaza in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  20. Like
    MisterRipple got a reaction from DarthTrader in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  21. Like
    MisterRipple got a reaction from Troote in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  22. Like
    MisterRipple got a reaction from xSODAx in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  23. Like
    MisterRipple got a reaction from Dario_o in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Finally some clarity.
    We can conclude that Ripple really "dumps" their XRP on the back of retailer investors.
    Time to take off the rainbow glasses.
  24. Like
    MisterRipple reacted to Dario_o in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    Larsen sales
    Larsen offered and sold his XRP to investors all over the world without marketing or restricting offers or sales to persons who had a “use” for XRP and without restricting purchasers from reselling their XRP to other investors, including to investors in the United States or elsewhere.
    Larsen and his wife netted approximately $450 million from these sales.
    Larsen intends to continue selling his XRP, as shown in an email he sent an investor on June 30, 2019. The investor had raised concerns about Larsen’s continued personal sales of XRP
    On September 22, 2020, Larsen also publicly confirmed from his Twitter account that he had transferred half a billion of his XRP, then worth approximately $115 million, to accounts he established with a digital asset firm incorporated in New York, and recently did in fact make such transfers, further evidencing his present intention to continue his sales of XRP
     
    Garlinghouse sales
    From April 2017 through December 2019, Garlinghouse sold over 321 million of his XRP, for approximately $150 million, to the public through digital asset trading platforms or other intermediaries.
    Beginning in December 2017, Garlinghouse used the Market Maker, who deployed trading bots on multiple, worldwide digital asset trading platforms, to sell his XRP to the public.
    Garlinghouse offered and sold XRP to investors all over the world without marketing or restricting offers or sales to persons who had a “use” for XRP and without restricting purchasers from reselling their XRP to other investors, including to investors in the United States or elsewhere
    At various times between April 2017 and at least December 2019, Garlinghouse also paused his XRP sales at the Market Maker’s recommendation because XRP’s market price was falling, seeking to avoid having the latter’s own XRP sales further drive down XRP’s market price.
    Recently, Garlinghouse transferred some of his XRP into accounts he opened with digital asset trading platforms, evidencing his intention to continue his sales of XRP
  25. Like
    MisterRipple reacted to xerxesramesepolybius in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
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