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  1. So I know this won't be news to most people - that it looks suspiciously like Ripple is doing something to hold the price - but I just found this item on the Bitbay (a fairly newish alt-coin). It basically explains their motive for price-pegging to extinguish extreme market volatility, and could quite easily be written for Ripple themselves, though they've decided not to mention it officially. http://bitbay.market/about/pegging/ If I were Ripple, still in the stages of increasing volume/liquidity & wishing to boost viability of XRP for big 'players', this would seem as a wise strategy for now..