streetgainer
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Inflationary coin

POLONIEX:XRPBTC   瑞波幣 / 比特幣
1496 21 21
Massive dilution at the ready.
評論: First hard support reached, next up is the main spring board level that started the pump... .00007442. XRP longs transferring their bitcoin to me, hand over fist in hopes that this rebounds. What you longs don't understand is that the decentralized purists totally reject this inflationary, one man (or few) holds all the cards, bend over for banks, pos coin. Read their statement (pledge)... then READ IT AGAIN!!...

"To help give potential future XRP owners certainty that the market won't be flooded with this trove of cryptocurrecy, Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.

As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit."
http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/
評論: Did you get that?.... No, hasn't sunken in yet?.... let me highlight...

**** "Ripple built 55 smart contracts using its own escrow feature released for public used in March, each holding 1 billion XRP and expiring on the first day of every month for a period of 54 months.

As each contract expires, the cryptocurrency will briefly become available for Ripple to use as it sees fit." ****

...THAT'S 1 BILLION XRP EVERY MONTH FOR 54 MONTHS!!!!!!.... POSSIBLY DUMPED INTO THE MARKET AS RIPPLE SEES FIT....

Let that bounce around your brain for a few, then after you come to your senses, I'll respond to your posts below.
評論: Well... you know what they say about fools and their money?... in this case it's fools and their bitcoins. Lol!
評論: There is currently NO catalyst, thesis nor reason (that I see) for this to move up or rally. I expect this to continue to deflate, back under 00005710. Next time... research and don't be a herd buyer. Enjoy!
評論: .00007442 .... .00005710
評論: 61% of xrp is sitting in a wheel barrel at the edge of a cliff. At the other side of this cliff is the xrp markets. There's ONE man holding the handles of this wheel barrel. Does he tip it over and dump HIS 61% of xrp into the market, cashing in on BILLIONS!?... or does he not tip it over, because he concerned about the speculative losses of gamblers disguised as investors?..... what would you do?.... LOL!!!

DILUTION COMETH!
評論: Told you all. Complete and utter wasteland. While quality coins continue to rise this flounders in the abyss. This is what happens when the emphasis of the coin itself is more about trading thru unsavory exchanges with their margin accounts, and market makers who sit on BILLIONS of coins given to them by ripple in order to "bring liquidity to the xrp market". Their bringing liquidity alright.... LOL!

This is essentially the easiest short of ALL crypto's, hands down!... xrp is the otc/pink sheet coin of crypto's
評論: Posted this on 5/29/30....


Here you go...
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評論: Perfection!!!...
評論: Look at where the the big red bar landed folks. Could't have script this any better!
So where have all the xrp lovers/pumpers gone?'
Totally vanished!
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評論: Don't fall for the proven fake outs...
評論: Easiest short in crypto's. Provides continuous income using margin. It's overpriced for its purpose. If banks aim to use it, you can sure as hell bet it will move exponentially downward! Right now though it's nothing more than a prop for market makers and their exchanges to play ping pong with...
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Like I said, this coin is complete and utter garbage. No recovery from massive sells. Now, .17usd, will be under .10usd soon. Less than a penny is a forgone conclusion. This coin is essentially a non factor with regards to the Ripple service. Investors will feel the raw pain with no lubricant!
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Press the play button and see for yourself.
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Nice landing right on my target line. Thank you!!
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At this point xrp is being sold to "greater fools" than you. So don't don't feel so bad.... Lol!!
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So... how's things going in the ole xrp barn?
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XRP has hovered around .28 cents, this drop is only because of BTC price increase. You can't be this stupid..
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streetgainer shaddylynn
@shaddylynn, Continue to watch it's decline, as it creates lower lows. Foolish longs.
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streetgainer shaddylynn
@shaddylynn, Do you notice how most good coins recover after btc price pressure?... xrp continues to decline. Your .28usd is in a downward spiral. 28...26...23...22... etc
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shaddylynn streetgainer
@streetgainer, usually i might agree with you. For the past two months it seems like xrp has been a tool for exchanges to make money by liquidating short margins. .28 has not been in a downward spiral, its hovered around this price through all of this btc pump.
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It's funny how all of a sudden everyone seems to want xrp to crash, now that it's crashing. Is this some kind of reverse psychology for yourself, to help you emotionally, and for you to be able to deal with the fact that value of your holdings in xrp is down 60% from the high? STOP IT!, No one wants their investment to go lower, stop kidding yourself. Cut your losses because .00007442 is up next.
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