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/biz/ - Business & Finance


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56825175 No.56825175 [Reply] [Original]

Uhh XRP bros, our response?

>> No.56825303
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56825303

>>56825175
uhh they do this every month retard
1billion to the market and whatever is leftover is put back into escrow

>> No.56825312

>>56825175
DUDE THE BANKS WILL BAIL US OUT BRO WE ARE GOING TO THE MOON BABY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>> No.56825410

>>56825303
I just discovered XRP this month. Been accumulating heavily. So we have 46 months to go?

>>56825312
Dude you do realize Ripple is fighting the SEC, right?

>> No.56825725

>>56825410
Ripple is evil, fren. Pull your money out and support something less evil.

>> No.56825753
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56825753

>>56825175
You forgot to post the part where they buy it all up and re-escrow it

>> No.56825756

>>56825303
Literally none of it touches retail
They send a small portion to various partnered companies for use, then the rest goes back to escrow

>> No.56826542

>>56825756
In use he means dumping.

>> No.56827320

>>56825175
They literally do this every month. It is escrow release. The amount released which enters circulation has virtually no measurable impact on flows at the liquidity level XRP currently exists at.