Spartaksus 236 Posted July 22, 2019 Share Posted July 22, 2019 3 minutes ago, cryptoxrp said: Only complete idiots would allow that. Or greedy persons. The decision to give them such vast amount of xrps was absolute fail. Having such vast amount is a no-go if they want to create ecosystem with big boys. So I think they have been ,, kindly,, asked to fix this issue and because of that they are dumping like crazy. Except Jed - he has his personal agenda with xrp. cryptoxrp, Tyvole and nilspn 3 Link to post Share on other sites
Tyvole 194 Posted July 22, 2019 Author Share Posted July 22, 2019 1 minute ago, Spartaksus said: Or greedy persons. The decision to give them such vast amount of xrps was absolute fail. Having such vast amount is a no-go if they want to create ecosystem with big boys. So I think they have been ,, kindly,, asked to fix this issue and because of that they are dumping like crazy. Except Jed - he has his personal agenda with xrp. Yhe its kinda surprising when you think about it to give them so much xrp, if they had plan what xrp should become and why they needed 100bil, WHY THE FK WOULD THEY DO THAT? it smells. Link to post Share on other sites
cryptoxrp 1,123 Posted July 22, 2019 Share Posted July 22, 2019 (edited) 14 hours ago, Spartaksus said: Or greedy persons. The decision to give them such vast amount of xrps was absolute fail. Having such vast amount is a no-go if they want to create ecosystem with big boys. So I think they have been ,, kindly,, asked to fix this issue and because of that they are dumping like crazy. Except Jed - he has his personal agenda with xrp. Problem with that assumption is that they can keep dumping XRP for many years to come...... Unless the IMF and central banks buy up their bags. That would provide trust and stability. Edited July 23, 2019 by cryptoxrp Link to post Share on other sites
Spartaksus 236 Posted July 22, 2019 Share Posted July 22, 2019 (edited) 13 minutes ago, cryptoxrp said: Problem with that assumption is that they can keep dumping XRP for many years to come..... (sorry, no good news there). Of course they can. But I think there wont be a lot of new retail blood coming with wagons full of money. Gamblers and kids with lunch money wont be able to keep the price. The time is ticking and if they dont show some serious results with xrp the retail money will move in other alternatives. As somebody said above: times of cheap talks are over. Edited July 22, 2019 by Spartaksus Link to post Share on other sites
WuWei 1,401 Posted July 22, 2019 Share Posted July 22, 2019 4 hours ago, Tyvole said: Yes im serious in my opinion its peanuts. Most of the money invested is not even in xrp related projects, I cant say much about university investments, That's pretty vague. And its not like they dont get anything for their investments lol. Are you crazy? A half a billion dollars is peanuts? You lost all credibly with that one....gotta wonder if you've got some objective on these boards or if you're really that out of touch with reality. DannyRipple and Tyvole 1 1 Link to post Share on other sites
WuWei 1,401 Posted July 22, 2019 Share Posted July 22, 2019 (edited) 4 hours ago, Tyvole said: Yes im serious in my opinion its peanuts. Most of the money invested is not even in xrp related projects, I cant say much about university investments, That's pretty vague. And its not like they dont get anything for their investments lol. And the university investments were a stroke of genius. Who else in the crypto world would've even considered something like this? The most valuable assets in the world are ideas. There's no predicting what future technologies might sprout from this - just for a small example of the brilliant minds, working on tomorrow's solutions to an unimaginably broad array of global problems, I suggest you periodically check out "news.mit.edu" Maybe this will enlighten you as to your apparent ignorance of the brilliant minds at work in our universities - whew, are your seriously that clueless or are you "covertly" hard at work attempting to be a FUD "influencer?" Edited July 22, 2019 by WuWei Link to post Share on other sites
Tyvole 194 Posted July 22, 2019 Author Share Posted July 22, 2019 20 minutes ago, WuWei said: And the university investments were a stroke of genius. Who else in the crypto world would've even considered something like this? The most valuable assets in the world are ideas. There's no predicting what future technologies might sprout from this - just for a small example of the brilliant minds, working on tomorrow's solutions to an unimaginably broad array of global problems, I suggest you periodically check out "news.mit.edu" Maybe this will enlighten you as to your apparent ignorance of the brilliant minds at work in our universities - whew, are your seriously that clueless or are you "covertly" hard at work attempting to be a FUD "influencer?" FUD influencer, hmmm interesting title. I didnt read anything you wrote just those last two words. Keep it up Link to post Share on other sites
toobhunter 70 Posted July 22, 2019 Share Posted July 22, 2019 12 hours ago, LiquidGoat said: They have owned it since the beginning, everyone here bought xrp knowing that. It’s a none topic imo. Total BS. The supply issue can be addressed / resolved / fixed. Everyone who views it as "whats done is done" lacks a spine and creativity. Tyvole and LiquidGoat 1 1 Link to post Share on other sites
LiquidGoat 918 Posted July 22, 2019 Share Posted July 22, 2019 23 minutes ago, toobhunter said: Total BS. The supply issue can be addressed / resolved / fixed. Everyone who views it as "whats done is done" lacks a spine and creativity Ok then Mr creative please do share your resolution plans. Link to post Share on other sites
Tyvole 194 Posted July 22, 2019 Author Share Posted July 22, 2019 26 minutes ago, LiquidGoat said: Ok then Mr creative please do share your resolution plans. bud today is not the exam day senpai Link to post Share on other sites
Stormchaser417 113 Posted July 22, 2019 Share Posted July 22, 2019 It makes me feel much more secure knowing that they own a lot. The more the have, the greater incentive they have to increase its value. The less they have, they less they (potentially) care about the price. It’s a guarantee that they will work hard to raise the price. This seems really obvious to me. How is it that people freak out when a CEO sells their shares of a company (or David Schwartz sells some XRP) yet people object to Ripple holding on to large quantities of XRP? Link to post Share on other sites
Black 93 Posted July 23, 2019 Share Posted July 23, 2019 Ripple can do more with XRP than we can. I doubt banks will open the door to Steve from down the block, to sign contracts. Flintstone 1 Link to post Share on other sites
Truckdriver 18,716 Posted July 23, 2019 Share Posted July 23, 2019 Interesting thread , an insight into the minds of some. WarChest 1 Link to post Share on other sites
XRP_Almighty_Q 92 Posted July 23, 2019 Share Posted July 23, 2019 (edited) 19 hours ago, WuWei said: Are you crazy? A half a billion dollars is peanuts? You lost all credibly with that one....gotta wonder if you've got some objective on these boards or if you're really that out of touch with reality. .5 Billion is peanuts when you have 50B coins. At $20 that’s 1T. I may jump out of a window if I had 1T and it fell to .5B, I wouldn’t even be able to own the color blue anymore. I’d lose my 100% control of air. My wife would have to stop buying babies cash... I couldn’t even control the weather! $589? $589?!?!?!?! I’m giving Warren Buffet a wedgie... I’ll rewrite the Bible and make Blac Youngsta the new Jesus. .5B is peanuts. Edited July 23, 2019 by XRP_Almighty_Q Link to post Share on other sites
Caracappa 2,694 Posted July 23, 2019 Share Posted July 23, 2019 (edited) I believe holding that much of an asset, both by Ripple and by its founders, is a liability to doing business or getting XRP adopted globally. Especially on the long term. Ripple claims to be in regulation talks for years now. Therefore I can imagine there is a reason they are lowering their holdings. Are they selling XRP for their own bankaccount? Are they saving up FIAT for a big move? Are they sending XRP to exchanges to fund other investments or marketmakers. Who knows! Just dumping XRP for personal financial gain and 'to keep the price stable' would be professional suicide and end the company on an instant. I think there are better reasons to mention than just personal enrichment in the broad daylight. Opposite of what many 'critics/fudsters' here on the forum tell us, I think Ripple and the founders are not stupid and not into a quick win. Time will tell what they needed al those funds for! It's called a warchest for a reason. Edited July 23, 2019 by Caracappa Montoya 1 Link to post Share on other sites
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