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David Schwartz Unchain 2018


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25 minutes ago, Talinos said:

3 month added also doesn’t make sense ... they couldn’t have sold that much . We watched the escrow balance. Really mysterious 

Not mysterious...   Just a misunderstanding.   The escrow put 55 lots of 1billion in escrow with 1 bill out every month for 55 months.  So every month 1 bill becomes available.  Most won't be sold so the remainder goes back in for another 55 months.  It's happened for a number of months now.

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2 hours ago, Tinyaccount said:

Not mysterious...   Just a misunderstanding.   The escrow put 55 lots of 1billion in escrow with 1 bill out every month for 55 months.  So every month 1 bill becomes available.  Most won't be sold so the remainder goes back in for another 55 months.  It's happened for a number of months now.

Exactly right.  Still, 3 months...

Yeah, I got that

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2 hours ago, xrpmeplease said:

this reads like a poor transcription of notes, id guess english isn't the writer's 1st language...interesting stuff though, i'm sure it'll pop up again in a different article...

No doubt

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2 hours ago, Talinos said:

3 month added also doesn’t make sense ... they couldn’t have sold that much . We watched the escrow balance. Really mysterious 

Did you take in consideration that what wasn't obtained was put back into escrow?

3 months ain't jack

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On 7/14/2018 at 3:13 PM, Talinos said:

3 month added also doesn’t make sense ... they couldn’t have sold that much . We watched the escrow balance. Really mysterious 

They added 3 more months in the 1st quarter according to their Q1 report.  I haven't looked at what has happened since then but I imagine you may be right and there could be more.

edit:  -- Although I think the Unchain conference was May 31 - June 1.  So it's possible at the time there were only 3 or 4 months added.

 

Edited by PG1
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