Ripple and XRP is currently the 3. largest Cryptocurrency by market capitalization according to Coinmarketcap, right behind Bitcoin and Ethereum. How many Altcoins could not keep up with XRP in the past few months, with the rapid rise in the price of Bitcoin and put in comparison to this a rather weak performance. But not only the currently low price makes the Fans of Ripple to create: according to the Escrow agreement, the company Ripple, which drives the development of XRP progress is allowed to sell each month up to 1 billion XRP on OTC-trading (Over-the-Counter trading). The watered down the price of XRP, and many investors in the Community angry.
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Statement from gox CEO goes to the rear
The criticism of the procedure of XRP is not new to cooking but in the last few weeks and days, more and more. This is the CEO of Ripple, Brad garlinghouse on June 28. To make August on the occasion of the following Expression:
In the case of the sale of XRP is to increase the Use of XRP (…) The reality is that we have reduced our sales by volume Q/Q and since then, the inflation rate of the XRP in circulation offer is lower than that of BTC and ETH.
Unfortunately, his statement went more to the rear. Many of the XRP Fans to doubt the statement of the garling house, that the sale of XRP has increased the Benefits of Ripple and in the long term, the value of the crypto currency higher. You are more likely to be of the opinion that the huge amounts of XRP is not allowed to sell the Ripple every month to institutional investors, the total supply of XRP increases, and so the price in the long term, watered down. This some see as a reason why the XRP price depends currently on a 20-month Low.
An act of desperation
The statement of the CEO and the fact that yesterday once again, a half a billion XRP to the Escrow Wallet of Ripple have left, some members of the Community to resort to an act of desperation. As the weeks since the end of ongoing criticism of the Community of Ripple itself with statements such as the will be avoided by Garlinghouse sent, the user is now to the sarcasm.Trading on our brokers comparison-winning eToro. You are looking for a reliable and intuitive Broker to trade crypto-currencies, CFDs, shares, Forex, commodities and more? Then let yourself be in our eToro Test in 2019 all of the features explain, what possibilities are given to you here and where is here the Before – and disadvantages are . eToro Test 2019 read now.On Twitter yesterday it was known that a Petition has been started on change.org calling the company Ripple to increase the “Dump of XRP”, so that more and more people of the Benefits of XRP to make use of:
This is a race to mass adoption…. This is a great Asset and brings us nothing, if it’s in Ripple Wallets fixed…. Unleashes the Benefits! The largest digital Asset ever created, in the hands of people who can use it, too.
Of course, the Petition and its content is not to be taken seriously. It plays clear on the doubtful testimony of the Ripple’s CEO a few days ago. Nevertheless, there were many users on Twitter against Petition argument. Others jumped on with the Satire-train, and let their despair in the Form of ironic comments free
Uses that crap so much to do it…. Invested in more companies. More Board buys chair … Sets, more and more people…. The XRP liberated!
The Counter-Petition
The satirical Petition for the increase of the monthly XRP sales of Ripple is in direct connection with a serious Petition of the crypto-personality “crypto bitlord”, the Ripple to the masses calls can sales to under.The Petition of the crypto-personality currently has over 3200 signatures. The satirical Petition, however, only about 200. No matter which of the two petitions to gather more signatures and whether they can ever achieve success, the resentment in the Ripple Community has arrived in contrast to the XRP rate on a high. There are little signs that this could change in the near future.Ripple and crypto-currency, XRP are so-exciting weeks and months. You may be curious as to whether the problems continue to escalate, or end of the downturn is in sight.What do you think of the Ripple of Chaos? The Ripple CEO has with his statement is right or wrong Come in our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News.
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