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(1/2) - 22 February 2020 Although never confirmed by Jed McCaleb, the "tacostand" XRP wallet (rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv) is well-known to belong to him. A quick look at the wallet and its transactions (https://bithomp.com/explorer/rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv) and you will quickly notice that Mr McCaleb manages his funds following a very strict routine. Every morning at 08:02 UTC, 1.7M XRP are sent to another wallet. The so-called wallet, activated by Jed, is then "in charge" of selling the XRP. A rigorous routine is
- 75 replies
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- jed mccaleb
- attack
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Inquiry into 13 Major Exchanges by NY Attorney
Guest posted a topic in Alt-Coins and General Fintech
Just in case you missed it. The results could throw out some interesting details on what exchanges are/aren't doing to help the market. -
The article below is very interesting. There are clear parallels to be drawn between the stock market in the 1930s and the unregulated cryptocurrency market now. The price actions described seem conspicuously similar to how I believe these markets are manipulated by whales! http://business.financialpost.com/investing/the-secret-trading-strategy-from-the-1930s-that-hedge-funders-dont-want-you-to-know-about We've had several warnings of impending regulations which don't bode well for most cryptocurrencies. All of a sudden big money starts moving out of the market, effectively tanking all pr
- 17 replies
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- xrp
- market corrections
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Interesting article. Of course I know the MtGox case but I wasn't active in crypto at that time. From a time perspective, was Jed McCaleb still at Mt.Gox around that time or is this after his time? Seriously, no accusement here, want a fair answer. https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013
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https://finance.yahoo.com/news/researchers-finds-one-person-likely-174057067.html Can anyone here explain what this article is going on about in layman's terms? What I got was that one exchange was hacked, bunch of false trades made, somehow the false trades equated to 600K BTC actually moving to someone's wallet/account, but that also those trades somehow pushed the price from $150 to $1000. It didn't make much sense to me. Assuming those things are true though, is it possible for a single account to do something similar to an exchange for XRP? Like if binance was hacked, could s
- 5 replies
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- manipulation
- xrp
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John MCafee's Coin of the day (now week)
ChavasRegal posted a topic in Alt-Coins and General Fintech
John McAfee has been promoting one altcoin a day for the past few days, and every time he does, it pumps the price up to 100% short term. This could essentially be classed as market manipulation, but it also offers a solid chance to make a bit of profit day trading some alts. Dec 21st, Electronium (ETN) https://twitter.com/officialmcafee/status/943860891119964160 https://coinmarketcap.com/currencies/electroneum/#charts Dec 22nd, Burst Coin (BURST) https://twitter.com/officialmcafee/status/944206175100424193 https://coinmarketcap.com/currencies/burst/#charts- 21 replies
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Market manipulation (continued). Ripple please do it yourself and do it right!
Guest posted a topic in General Discussion
My price manipulation post from yesterday sparked a lot of discussions and interesting viewpoints. Some believe the price is manipulated (by Ripple or third parties) others are adamant it is not. Both sides provide compelling points. So where does that leave me? I guess I still would like to hear from Ripple on this subject. Not that I am against price manipulation per se. Manipulation has a negative connotation but if done in a transparent manner by Ripple it could really help attract (long term) investors and subsequent healthy price development and liquidity. March this year, befo- 74 replies
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- xrp
- manipulation
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...of silver. Tricked you! Those of you who are all sulky about xrp's lack of moon, should try investing in gold/ silver! Actually, don't...
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This is no FUD, but I am FUDDING myself a little.. We've had so many many many good news, partnership announcements, banks going live, many banks boarding and even Bill Gates foundation and.... the price didn't really go up since May this year. Actually it went down...(may is 7 months ago!) at the other end IOTA and Stellar both got ONE partnership announcement and BOOMMMMMM the moon like Apollo! Ripple has confirmed they do keep price low to board more banks and financial institutions. That's why the price keeps coming back everytime. For example after The Bill Gates foundation and the
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Hi Friends, I'm holding Ripples and just a week ago read that the big banks have a lot of options to exercise at an extremely low price. Can this affect Ripple price? Thanks a lot in advance!!
- 10 replies