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/biz/ - Business & Finance

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21257749 No.21257749 [Reply] [Original]

Jed McCaleb is one of the Ripple XRP founders. He left and took 10.000.000.000 XRP, 10% of the supply with him.

Currently, due to an agreement between Ripple and Jed McCaleb, he is allowed to sell 1.5% of the XRP volume every day. With current numbers that would grant him roughly $500.000 every day without having to do anything.

Literally. He earns 500K every day without even moving. This adds up to 180 MILLION DOLLARS every year for the next decade.

Jed McCaleb earns more than Christiano Ronaldo.
Jed McCaleb earns 191x more than Ripple CEO Brad Garlinghouse
Jed McCaleb earns more than Apple CEO Tim Cook.
Jed McCaleb earns about halve of Elon Musk.

>XRP holders think this is bullish

>> No.21257803

>>21257749
Jed is also the guy who sold an insolvent Mt Gox to Karpeles.

>> No.21257833

>>21257749
What's the issue? That is his share for helping to create the product

>> No.21257881

>>21257833
His dumpings on top of many others prevent Ripple XRP from ever pumping again.

>> No.21258170

>>21257881
Not exactly true, jeds dumplings are not that big of an issue and the team has started buying back supply already.

>> No.21258354

>>21258170
They said they were. But how much? With what money? 10K?

Too many red flags to take it serious

>> No.21258531

What a fucking punchable face

>> No.21258577

>>21258531
This, he looks like a fucking basedboy

>> No.21258581
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21258581

>>21257749
>Thinks this is FUD
Lol! Get fucked kid!

>> No.21258722
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21258722

>>21257749
>180 MILLION DOLLARS every year for the next decade.

Someone ring him up and redpill him on the Jews.

>> No.21258771

>>21257749
Im really glad a person with that name made it.

>> No.21259255

>>21258170
don't cast pearls before swine. Fuck /biz/ let them hold their shitcoins.

We know.

>> No.21259344

>>21257749
He also stole the btc from Mt. Gox

>> No.21259622

>>21258577
Isnt being based good though?

>> No.21259751

hahahahahaha

Literally everyone hodling XRP is this mans cuck

Well played sir

>> No.21260754

>>21257881
Just you wait when utility kicks in!

>> No.21260831

>>21260754
yeah, just wait a decade or two or three

just you wait!

>> No.21260948

>>21260831
Great, I'll be 50 by then and will have enough money to be fucking some barely legal coeds in some caribean beach.

>> No.21261229

>>21260948
Great idea, could we but Jef's lolita express?

>> No.21261628

https://cointelegraph.com/news/ripple-co-founder-jed-mccaleb-sold-a-billion-xrp-and-has-47b-left

>"At the current rate it would take him around 20 years to sell all of it, however, his activities have been limited by the settlement agreement with Ripple, which is likely to expire sometime in 2020."

nice try fag

>> No.21261744

>>21261628
>which is likely to expire in 2020
And then what, he will sell all at once?

>> No.21261746

>>21261628
are faster and bigger dumps a good thing? I mean both seem like terrible scenarios

>> No.21261801

Buy signal

>> No.21261803

>>21258531
Built like a defeathered chicken