rippleric Posted September 1, 2016 Share Posted September 1, 2016 6 hours ago, Xi195 said: Distribution has been very slow the first three weeks of August. Weekly distribution updates are new, so I'm not sure if historical distribution was weighted towards the last week of the month. Next Monday we'll know how the month ends. MTD only ~4.9M XRP have been distributed. Calm before the storm? TOTAL XRP HELD BY RIPPLE64,434,490,888 TOTAL XRP HELD BY OTHERS35,562,730,335* As of August 21st, 2016 *Total includes business development agreements that are still pending. This site tells you exactly how much they distributed as of the last update: https://bithomp.com/ Warbler 1 Link to comment Share on other sites More sharing options...
Xi195 Posted September 1, 2016 Share Posted September 1, 2016 5 hours ago, rippleric said: This site tells you exactly how much they distributed as of the last update: https://bithomp.com/ Thanks @rippleric. Last update on bithomp seems to be the same as data above. I use a spreadsheet to track historical distribution. Link to comment Share on other sites More sharing options...
GiantGox Posted September 2, 2016 Share Posted September 2, 2016 245 million XRPs were retrieved by Ripple Labs. TOTAL XRP HELD BY RIPPLE 64,680,400,109 Total XRP Held by Others 35,316,813,001* As of August 28th, 2016 *Total includes business development agreements that are still pending. kanaas and XRP_Distributor 2 Link to comment Share on other sites More sharing options...
XRP_Distributor Posted September 2, 2016 Share Posted September 2, 2016 18 minutes ago, GiantGox said: 245 million XRPs were retrieved by Ripple Labs. TOTAL XRP HELD BY RIPPLE 64,680,400,109 Total XRP Held by Others 35,316,813,001* As of August 28th, 2016 *Total includes business development agreements that are still pending. ????? kanaas 1 Link to comment Share on other sites More sharing options...
cmbartley Posted September 2, 2016 Share Posted September 2, 2016 Should we take this to mean that one if the deals fell through?... Link to comment Share on other sites More sharing options...
Rchopra Posted September 2, 2016 Share Posted September 2, 2016 5 hours ago, cmbartley said: Should we take this to mean that one if the deals fell through?... Must be a deal from some big organisation. Its not a positive news..... Link to comment Share on other sites More sharing options...
D-fault123 Posted September 2, 2016 Share Posted September 2, 2016 22 minutes ago, Rchopra said: Must be a deal from some big organisation. Its not a positive news..... There are many potential reasons for this occurance. I wouldn't label this good or bad news since we have no idea what's happening. Maybe their lock up contract allows ripple to buy back some of Jed's XRP if they wish to do so, who knows what's going on. Link to comment Share on other sites More sharing options...
xrp noob Posted September 2, 2016 Share Posted September 2, 2016 No need for panic yet. It could be that they bought back some of Jeds xrp. The end of the month will tell a lot. 245 million back to then could be a bargain in the long run Link to comment Share on other sites More sharing options...
cmbartley Posted September 2, 2016 Share Posted September 2, 2016 Not clear what's going on but 245mil is about their average monthly distribution for the past year or more. I doubt it's a Jed buyback. Link to comment Share on other sites More sharing options...
D-fault123 Posted September 2, 2016 Share Posted September 2, 2016 (edited) 17 minutes ago, cmbartley said: Not clear what's going on but 245mil is about their average monthly distribution for the past year or more. I doubt it's a Jed buyback. I don't think that either, wouldn't make sense. I meant to say in essence that we don't know if this is good or bad news Edited September 2, 2016 by D-fault123 cmbartley 1 Link to comment Share on other sites More sharing options...
Guest Posted September 2, 2016 Share Posted September 2, 2016 10 minutes ago, D-fault123 said: I don't think that either, wouldn't make sense. I meant to say in essence that we don't know if this is good or bad news Does not matter if good or bad news. Price will go down anyway ;-) Link to comment Share on other sites More sharing options...
nik Posted September 2, 2016 Share Posted September 2, 2016 Market making? Link to comment Share on other sites More sharing options...
Rchopra Posted September 2, 2016 Share Posted September 2, 2016 12 hours ago, D-fault123 said: There are many potential reasons for this occurance. I wouldn't label this good or bad news since we have no idea what's happening. Maybe their lock up contract allows ripple to buy back some of Jed's XRP if they wish to do so, who knows what's going on. But dont u think that price should have gone up with decreased supply...? Link to comment Share on other sites More sharing options...
xebit Posted September 3, 2016 Share Posted September 3, 2016 (edited) It would be nice if a few Held by categories were added: Held by Ripple: Held by Current & former Ripple employees: Held by Institutional partners: Held by Charity trusts: Held by Exchange cold storage: Held by Exchange order books: Held by Everyone Else: Then you could get a better idea of how many XRP are actually available on the open market. Edited September 3, 2016 by xebit Link to comment Share on other sites More sharing options...
D-fault123 Posted September 3, 2016 Share Posted September 3, 2016 5 hours ago, Rchopra said: But dont u think that price should have gone up with decreased supply...? There are too many variables involved to estimate what the immediate effects of decreased supply are, especially as distribution methods/volumes aren't known well in advance like with bitcoin for instance. Long term effects of decreased supply should be a bit easier to predict. Link to comment Share on other sites More sharing options...
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