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itcdominic

Ripple Q2 2019 Report

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At the end of the day, they are in it for long term xrp appreciation. This is literally their entire business model, confirmed once again on a recent podcast. If they feel "dumping" is the right move now in order to reap the benefits later on, then so be it. 

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3 minutes ago, yxxyun said:

If ripple can show the real time xRapid XRP payment volume.....

Yep instead of big worthless words like "one bank" turned out to be a ****** dodgy bank exism..

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2 hours ago, princesultan said:

At the end of the day, they are in it for long term xrp appreciation. This is literally their entire business model, confirmed once again on a recent podcast. If they feel "dumping" is the right move now in order to reap the benefits later on, then so be it. 

You do know ripple and Brad are ultimately beholden to please their private venture capitalists shareholders right? If they want the money now they will just dump xrp in the market. They are not a public company they are under no legal obligation to please xrp bagholders, they can dump their xrp and run away and there is nothing bagholders can do about it. They just need to make as much money as possible to their venture capitalists..

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6 hours ago, Cooliozxrp said:

You do know ripple and Brad are ultimately beholden to please their private venture capitalists shareholders right?

Yep that’s what this forum needed...    another Captain Bloody Obvious.  :JC_doubleup:

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22 hours ago, Sharkey said:

Whole bunch of nothing useful (to us, anyway), then it will say something like "signing customers daily" and "over 200 partners," and "expect to ___ banks soon," and wrap it up with "if you want to send $10,000 USD to London, the fastest way is to fly it there (in your private plane)."  

They will announce that we all get our own private plane to fly our money around while the system gets going ;)

image.png.d8aff7c681a651d5407475d7d248addd.png

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11 hours ago, fiik said:

I predict

image.png.251821425b586ec0271fc3a06cf832d2.png

:banana:

Oh joy. Is that from Ripple?

I would hope not. Basically this means that they have dumped XRPs on the market based on CMC's wash-trading and inflated volume, that the buyers did not report properly on their usage and failed to meet their commitments. And now Ripple reacts and will be more demanding.

It might be positive in the future, but that sounds like a rookie mistake from Ripple's management team. For how long has this been going on? It took them what? 2 years to realize there is a problem? This is very disappointing.

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