Increase available Supply and get 2nd Place on coinmarketcap.

The initial distribution got a bit more balanced (roughly 50% users 50% owners) however that still means a lot of control.

ripple = 100% premined = scam

Because the tokens they they released were given away, instead of being traded on a traditional exchange. Coinmarketcap includes those in circulation, meaning if a block of tokens were released coinmarketcap includes them in its calculations.


And because they were not traded on a traditional exchange, this means that price is not affected as any other coin would be. And since the marketcap looks huge, this is making people think its worth more than it should be an buying ripple tokens.

The last two times they made very large distributions were on 8/26/2014 and 11/23/2014 (two days ago as of this post). You can see the market manipulation here.

As you tend to delete your posts, here's the answer to another, similar post by you that I wrote yesterday:

The jumps in distribution (e.g. on November 23rd.) come because Ripple Labs does not update their page live but only from time to time. There are and will be for the forseeable future ~100 billion XRP out there. What is displayed on coinmarketcap is just Gliss' interpretation of the truth, if you disagree - feel free to open your own page that does it differently (actually that's how http://cryptmarketcap.com/ was initially founded).

Oh god, we have a panic seller here. What were you thinking if your timeframe is like 1 day?

You have three choices:

1) Follow snapswap's withdrawal process. I've never withdrawn BTC from snapswap, but the usual way is that they give you a destination tag, you make a Ripple payment in BTC to their address with that destination tag and they credit your snapswap account. Then you withdraw to a BTC wallet using their web interface.

2) If you don't like snapswap's withdrawal process, exchange your snapswap BTC inside Ripple for another asset that you can more easily withdraw.

3) Make one or more direct payments to Bitcoin addresses from the Ripple client.

I'm probably one of the biggest Ripple supporters that there is, one of the first people to work on it, one of the designers of the protocol, and employed by Ripple Labs. There is no scam. However, the price of XRP is extremely volatile and behaves entirely unpredictably. I do not ever recommend people buy XRP as any kind of investment. There is always a significant possibility that its value can drop drastically, possibly even to zero, in a very short period of time.

I don't think anybody knows why the price of XRP surged over the past few days. It is almost axiomatic that it can drop just as quickly and nobody really know why. Buying on hype is a particularly bad idea. It is basically mathematically impossible for everyone to buy on the rise and sell before a subsequent decline. It is even possible for Ripple to succeed wildly as a payment system and the value of XRP not go up significantly.

Maybe, maybe not. That's up to the gateway. Ripple can't force anyone to give you BTC if they haven't agreed to do so. I believe snapswap BTC can be sent over the outbound bridge at no fee, meaning you should get the exact amount out if you send to a Bitcoin address from the Ripple client.

You people are funny I am laughing my socks of

If anything.. Coinmarketcap was dragging down Ripple price.. And anyone who uses cmc for a serious coin analysys is nothing more then a rookie.. at best a rookie.... check snapswap and bitstamp for example.. you'll se real activity.. also check http://www.ripplecharts.com/.. you'll see actual bid/ask rate.

bitcoiners are becoming more and more pathetic.. and I don't get it.. it became a religion for u guys

Yes! let people decide.. and if you are to warn of real scams then do some fucking research!!! I am all for warning about scams.. but really, DO SOME RESEARCH!

First of all.. the only "real"(almost real) argument is that RL has premined to much of XRP.. but if you did some background check and compared tha value of their holdings to Satoshi premine in the beginning.. you'd see it's about the same.
Ofcourse we all worry that RippleLabs will do something corrupt with it and screw us all.. But based on their claims, they will. not. So it is left to the individual to deside wether to trust them or not.
Second.. Transaction time is as fast as a click of a refresh button. Third.. this pump that is going on.. is either a pump or something really big happening.. And based on all the read news, I believe there is something big going on. Unfortunatelly Banks can not confirm adoption speculation, because they would rather be the first in front of their competition.

And there is so much more details that are more relevant then these few sentences that I wrote... But in the end.. It's up to the individual soul to decide..

And you fanatics, at least do your research!! Why?? Because if it turn's out not to be true.. Then when real scam comes our way.. no one will believe you anymore.

I don't understand why there's so much hate on ripple