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rootvegetable

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rootvegetable last won the day on July 1 2016

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  1. XRP sales are on their balance sheets. We know they've sold hundreds of millions of dollars worth of XRP. We don't know if they would be in a strong position without those sales. Even though they have said they would be without it, their financials aren't public so no one outside of Ripple would be able to tell you with certainty.
  2. The founders were literally a group of people that created a technology, created the digital asset xrp from that technology, and created a company to build out the technology to promote the monetary health of the asset. The timing of events is rather unimportant from a conceptual perspective. Maybe there are legal perspectives that think it matters, but conceptually it doesn't matter one iota.
  3. no way to know. their financials aren't public. could they and do they are different questions. we don't know either.
  4. Yes, and this was what I was trying to get at. I can't imagine the use cases, but using a fundamentally different way of sending payments- streaming- must have considerable potential beyond web content monetization for Ripple to invest that much money in it.
  5. what does coil need with a billion xrp? there are countless startups that succeed with far less funding. ripple didn't even receive that much funding. is coil really that game changing? I actually don't believe that internet content monetization could possibly be the end game for coil with that level of funding.
  6. Ripple has never released any financial statements that back up this idea.
  7. no, I would be very surprised if Ripple was paying dividends to shareholders at this stage. they are in full growth mode right now and growth companies reinvest earnings in to the company.
  8. The US government will purchase it for $733 each by issuing debt which will be mostly purchased by the fed, duh. And the circle continues..
  9. Amazon doesn't pay dividends. I highly doubt Ripple has paid a single penny in dividends up to this point.
  10. This is not an official support channel. You should always do your own due diligence on any recommendations you get here. That said, what wallet software are you using to recreate your account from your private key?
  11. hehe, good to see you holding down the keynesian fort my friend! I hear your points, but I'm only interested analyzing and measuring the choices imperfect people actually make, not the theoretical and hypothetical utility maximization people might do if they had perfect knowledge and perfect information. Anyhow, this isn't really the thread to debate the different schools of economic thought. If you can apply the school of your choice to answer OP's question in a way you find satisfactory that would steer us back on topic.
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