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1.2 Billion XRP Sent By Ripple This Morning


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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?

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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."

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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.

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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.   :P

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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 by Scout
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