[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 1.15 MB, 1190x2060, 1708011676141762.png [View same] [iqdb] [saucenao] [google]
57618287 No.57618287 [Reply] [Original]

MOTHER OF ALL SUPPLY SHOCKS INCOMING? RIPPLE BOUGHT ENTIRE SUPPLY IN SILENCE?

So Ripple was buying at least 84% of all XRP from the market, then stopped reporting about XRP purchases since Q3 2023. This dude claims that soon Ripple will own pretty much all available XRP by the end of Q1 2024. If what he is saying is true, soon there will be no available XRP left, and that could explain why they're keeping XRP price as low as possible.
Any big brains want to chime in on that?

>> No.57618308

>>57618287
XRP is not Ripple

>> No.57618324

>>57618287
Big brain here. Let me just say
WTF WE ARE ALL GONNA WAGMI IT LFG TO THE MOOOOOOOOOOOOOON

>> No.57618329

>>57618287
Why the hell would they buy all their shit back? And why would that make people want it?

>> No.57618330

They are preparing for ipo

>> No.57618857

>>57618330
This.
There's also XRP ETF to consider, and from their latest moves re-entering the US market, it looks like they might compromise with US government and settle sooner rather than later in return for SEC taking the pressure off of their backs and not going after programmatic sales or ODL from 2020.

>> No.57618891

>>57618287
They are going to give it away for free to their partners

>> No.57619565

>>57618329
less supply=number go up

>>57618330
>>57618857
what this will mean to XRP holders? are they gonna buy our bags

>> No.57619617

>>57619565
>are they gonna buy our bags
here comes the (spoon) airplane
VrRrRrorooooooommmmmmmm
bank wants to transfer $1 billion of gold
they are in and out of xrp in 4 seconds
higher priced xrp = lower fees and less burn
they literally don't care if they 'buy' anyone's bags because they hold all the money
xrp is just a value transfer token
it's the email of payments
the value it will unlock will vastly out weigh the few schizos and retards that become millionaires

>> No.57619667
File: 43 KB, 471x388, pepe laugh inside.jpg [View same] [iqdb] [saucenao] [google]
57619667

>>57618287
why don't they just do some SQL Request ?