Delectro Posted July 14, 2018 Share Posted July 14, 2018 https://coingape.com/david-schwartz-ripple-proactive-regulatory-participation/amp/ From the article, "According to him originally there were 55 months of escrow and now there are approximately 3 months of escrow left." Decent read I must say Link to comment Share on other sites More sharing options...
PG1 Posted July 14, 2018 Share Posted July 14, 2018 8 minutes ago, Delectro said: "According to him originally there were 55 months of escrow and now there are approximately 3 months of escrow left." 3 more months added Link to comment Share on other sites More sharing options...
Talinos Posted July 14, 2018 Share Posted July 14, 2018 3 month added also doesn’t make sense ... they couldn’t have sold that much . We watched the escrow balance. Really mysterious Link to comment Share on other sites More sharing options...
xrpmeplease Posted July 14, 2018 Share Posted July 14, 2018 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... Delectro 1 Link to comment Share on other sites More sharing options...
Guest Posted July 14, 2018 Share Posted July 14, 2018 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. Link to comment Share on other sites More sharing options...
Delectro Posted July 15, 2018 Author Share Posted July 15, 2018 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 Link to comment Share on other sites More sharing options...
Delectro Posted July 15, 2018 Author Share Posted July 15, 2018 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 Link to comment Share on other sites More sharing options...
Delectro Posted July 15, 2018 Author Share Posted July 15, 2018 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 Link to comment Share on other sites More sharing options...
PG1 Posted July 15, 2018 Share Posted July 15, 2018 (edited) 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 July 16, 2018 by PG1 Link to comment Share on other sites More sharing options...
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