1.2 Billion XRP Sent By Ripple This Morning

[Guest]

https://thexrpdaily.com/index.php/2019/01/28/1-2-billion-xrp-sent-by-ripple-this-morning/

[Yodaxrp]

7 minutes ago, AlexCobb said:

https://thexrpdaily.com/index.php/2019/01/28/1-2-billion-xrp-sent-by-ripple-this-morning/

R3 agreement?

[Guest]

5 minutes ago, Yodaxrp said:

R3 agreement?

i think that is possible, but wouldn't have they just sent the XRP shortly after the settlement agreement?

[VanGogh]

They said it, not me!

"Some people in the XRP community are speculating that this might have to do with Coinbase listing XRP because of the maintenance that is taking place on all 3 of their platforms at 4pm PST, January 28, 2019

In the past Coinbase has had many different server maintenance’s so I wouldn’t expect XRP to be listed just because of a maintenance."

[princesultan]

Even if coinbase, it wouldn't affect price at this point anymore

[VanGogh]

1 minute ago, princesultan said:

Even if coinbase, it wouldn't affect price at this point anymore

I think it would. 

[BruceWhale]

Coinbase list a coin one year ago : x4

Coinbase list a coin now : +5%

[Guest]

no sorry guys it was just me - i had to pay some taxes on an old yacht i forgot about

[Archbob]

Probably another wallet to wallet movement of re-allocating funds in the Ripple company itself. That's usually what it is.

[tulo]

I doubt it's a Ripple-Ripple transaction, because they usually generate the wallet themself, not via Bitstamp as happened with the first account.

[Yodaxrp]

1 hour ago, AlexCobb said:

i think that is possible, but wouldn't have they just sent the XRP shortly after the settlement agreement?

we actually don't know the details of the settlement, so I hold it as possible. Would be imo a better explanation than a lot of strange theories in twitter.

[Zerp_Legend]

Ripple is a scam. They dump all their billions of xrp on the market. David Schwartz is probably not even a real person.

/s

[Guest]

1 hour ago, Zerp_Legend said:

David Schwartz is probably not even a real person.

Of course he is a real person. 

If corporations can be legally considered people then the entity calling itself David Schwartz certainly can.  

Whether his inhuman intellect and uncommon decency come from Earth is another matter.   

[Scout]

Shouldn't a large transfer of XRP have some type of impact on price? (since that would be a use case). From what I have read, it is not accurate to base price on market cap but on utility. What I can tell volume seems to have very little impact on price. If you look at Tron for instance, which in my opinion has similarities to XRP, the massive TRON volume as of lately has little to no impact on price. So what really moves the price of these digital assets besides having more demand than supply?

As mentioned above, one of the massive transactions was to an exchange address, so isn't an exchange address just an online digital wallet address as well?

Edited January 29, 2019 by Scout

[Archbob]

Not if its wallet to wallet.