/biz/ - Business & Finance

>>55757935
That's a dude. Got any more of obvious men in dresses forcing Hollywood actors into ritual humiliation?

I keep seeing people talk about someone or some entity "dumping" or artificially selling XRP. And that being the reason why XRP is at the current price, which said people consider unfavorable. Which brought me to the following questions: What factors are used to create the formula by which the value of XRP is calculated for any given time? Who says what the factors or equation are to calculate the value of XRP. Can someone artificially influence the factors or equation by which the value of XRP is calculated? That's it. I don't have answers to those questions. I just go to google and search for XRP price and it comes up. I know nothing beyond that.

>>55557007
Pumping is artificially raising the price of an asset. XRP went up on it's own with news of the summary judgement.
>somebody is selling hundreds of thousands of XRP to keep the price low.
Where? Who? I don't disbelieve you. No one can show me where. I understand you need to know the exact public key of a blockchain wallet address to know what is occuring. But can you not also view the blockchain ledger as a whole and watch individual real-time transactions. Like this: https://fiatleak.com/xrp
How do they get this info. There has to be this info in raw form where it can be examined. How does fiatleak.com know that all of these transactions are occurring in real time.

https://web.archive.org/web/20200923093249/https://philosophyofmetrics.com/xrp-will-be-the-dominant-monetary-asset-of-the-world/