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/biz/ - Business & Finance

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File: 11 KB, 320x240, Chris Larsen Ripple.jpg [View same] [iqdb] [saucenao] [google]
5858188 No.5858188 [Reply] [Original]

"Cofounder and former CEO Chris Larsen, who stepped down in November 2016 and now serves as executive chairman of Ripple, has 5.19 billion XRP in his personal holdings and a 17% stake in the company, according to sources at Ripple."

Ripple owns the entire locked supply which means he directly and indirectly owns 15.6B XRP in total. At $3.77 (cmc @ now) that's $58.8B. I'm pretty sure he has at least $200M in other things so that's $59B.

That's more than what Mark Zuckerberg has, previous 5th richest person in the world
https://www.cbsnews.com/pictures/richest-people-in-world-forbes/17/

https://www.forbes.com/sites/laurashin/2018/01/02/meet-the-crypto-billionaires-getting-rich-from-ripples-xrp/#797f8f8b3289

If XRP hits $5.56 he is going to be the richest person in the entire world, beating Bill Gates.

>> No.5858252
File: 117 KB, 859x694, tron.jpg [View same] [iqdb] [saucenao] [google]
5858252

>>5858188
just like duping gold in an mmorpg.

>> No.5858256

>>5858188
Jeff Bezos is the richest at the moment.

>> No.5858269

>>5858188
>If XRP hits $5.56 he is going to be the richest person in the entire world
I hope this happens, just because it would be so funny

>> No.5858293

Based Chad Larsen. Proves Ripple is not a Jew scam coin.

>> No.5858322

>>5858256
He's third in the Forbes 2017 list

3. Jeff Bezos (U.S.)
CEO, Amazon
Age: 53
Net worth: $72.8 billion

2. Warren Buffett (U.S.)
CEO, Berkshire Hathaway
Age: 85
Net worth: $75.6 billion

1. Bill Gates (U.S.)
Co-founder, Microsoft
Age: 60
Net worth: $86 billion

>> No.5858355

>>5858269
This, it would also bring in more normie buyers.

>> No.5858401

>>5858188
Dump it all m8

>> No.5858443

>>5858355
LOL
That guy would theoretically have as much as ~50% of world's current wealth at $10000/XRP that normies think is possible

If that happens history would remember this not as a 'crypto' or 'bitcoin' bubble, it would be a 'ripple bubble', nobody would remember other coins.

what a weird timeline that would be

>> No.5858485

>>5858188
>create fiat coin
>not backed by proof of work
>not even backed by proof of stake
>created out of thin air like fiat
>coin has no use not even on the Ripple Network
>get banking shills to promote it to mass media
>suddenly rich beyond belief
Greed and stupidity allowed this to happen

>> No.5858494
File: 12 KB, 240x240, 0.jpg [View same] [iqdb] [saucenao] [google]
5858494

>all these people turning into billionaires from satoshis work
>meanwhile satoshi is fucking dead

>> No.5858527

>>5858188
is he richer than satoshi?

>> No.5858569

>>5858494

I'm sure Satoshi would himself over the current state of crypto if he wasn't already dead. It's for the best.

>> No.5858572

>>5858527
It's close, satoshi only owns 1/20th of the bitcoin supply. You can do the math yourself.

>> No.5858602
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5858602

but he can't cash out

>> No.5858605

>>5858527
Assuming satoshi owns 1M of BTC then yes, Satoshi is worth 'only' $15B

>> No.5858657

>>5858569

If he was still around, he would have a ridiculous amount of influence.

He would no doubt agree that btc is outdated by todays standards, and could probably muscle any coin into the top 5 by simply endorsing it

>> No.5858723

>>5858605

he also owns 1m of all the forked coins

that probably adds another 5-10b

>> No.5858748

He should just make some more ripple so he can be the richest

>> No.5858846

Unrealistic net worth - if he would sell even 20% of that he had Ripple would collapse.

>> No.5858857

>>5858188
>Not a bubble

>> No.5858927

>>5858322
idk, but Bezos has been shilled as number 1 a lot lately

>> No.5858935

>>5858846
this

>> No.5858991

Isn't all of that in escrow though?
Ripple market cap will collapse, but not until people like him are allowed to dump it

>> No.5859028

Stop supporting banks. You are literally helping them to take control and end this money train.
>>5858485
It's like they looked at crypto, didn't bother to understand what it is exactly or how it works but still decided to try to "copy" it (lol it's just magic internet money right? no need for this complicated blocked-chain thing).

>> No.5859055
File: 217 KB, 968x1184, sneaky jew burger ripple.jpg [View same] [iqdb] [saucenao] [google]
5859055

>>5858188

>> No.5859092

>>5858991
>allowed to dump it
That's another thing, why the fuck are people supporting this when they have demonstrated they WILL freeze your assets if they think your selling will negatively affect the market?
Why would anyone buy this if they even have that ability? Might as well just cut out the middle man and invest in banks. They're just riding the "crypto" train because it's hip and trendy.

>> No.5859224

How, no one even knows what Ripple is.

WHAT KIND OF CONSPIRACY IS THIS

>> No.5859228
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5859228

>>5859055

>> No.5859251

If you look at volume on CMC almost half of it is done on Korean exchanges.
I have a feeling the gooks don't care about what's behind a coin, it's just gambling to them.

>> No.5859258

>>5859224
>How, no one even knows what Ripple is.
What do you mean? Nogs are talking about it on twitter for fucks sake.

>> No.5859276
File: 56 KB, 500x560, Hidden jew.png [View same] [iqdb] [saucenao] [google]
5859276

>>5859224

>> No.5859396

>>5859258
They don't know what it is
the thought process is that "if bitcoin used to be one dollar, than this coin can hit 10k too" so they buy it up while banks prop it up and keep it at 2 to 3 dollars.

>> No.5859483

>>5859396
Ah, 'dumb money'. They will get a reality check soon enough.

>> No.5859549
File: 141 KB, 1222x906, 0987654321234567890.jpg [View same] [iqdb] [saucenao] [google]
5859549

>>5858188
He seems to have slipped under the radar here. Only managed 1 vote in the 2017 /biz/nessman of the year poll. Maybe because he doesn't make many media appearances, but here's a recent one.

https://www.youtube.com/watch?v=Ta-mBNjuF2A

>> No.5859876

Good chance this guy doesn’t even exist and is just a paid actor hired by the Rothschilds to front (((their))) coin.

>> No.5860104

honestly i just want some one to kick bitcoin off its #1 spot already
the shartening of corecucks will be glorious

>> No.5860604
File: 260 KB, 1920x1080, Terminator.jpg [View same] [iqdb] [saucenao] [google]
5860604

>>5859876

Wouldn't be surprised. It's still the only crypto I hold.

>> No.5860639

With all the exposure XRP is getting, you'd expect the rise to go on for a while. Even newspapers over here in the Netherlands are having articles shilling it.

I'm just not sure about at which price I should sell.

>> No.5860646
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5860646

>> No.5860684
File: 588 KB, 1000x419, targeting 50 trillion market cap.png [View same] [iqdb] [saucenao] [google]
5860684

>>5860639

It was built by the billionaires, trillionaires, banks and governments to do a job.

>> No.5860736
File: 189 KB, 1600x900, frodo holding ripple ring.jpg [View same] [iqdb] [saucenao] [google]
5860736

>> No.5860769

>>5860684

If all this media attention actually get normies to buy into it, the price will still go up, regardless of the jewery behind it.

Since I can't keep an eye on the price 24/7, I am considering splitting my XRP between a few other coins, though.

>> No.5860808

>>5858188

Wait till he finds out you can't cash out

>> No.5860841
File: 329 KB, 1280x720, Kim Jong Parade 2.jpg [View same] [iqdb] [saucenao] [google]
5860841

>>5860769
>considers selling XRP even though he know's it's designed by billionaires, trillionaires, banks and governments to go to war against the $90 Trillion in paper and electronic currency worldwide.

They're just as sick and tired of paper and electronic money as you are. Don't fuck up.

>> No.5860970
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5860970

>> No.5861010
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5861010

>> No.5861072
File: 180 KB, 613x773, Reasons Why Ripple Will Succeed.jpg [View same] [iqdb] [saucenao] [google]
5861072

>> No.5861086

>>5860841

It's just that I'm reading a lot of conflicting stories about it all over the place. Reddit in particular is hilariously optimistic and there's a lot of shilling in favour and against XRP on this board.

>> No.5861228
File: 54 KB, 665x800, creepy soy wojak.png [View same] [iqdb] [saucenao] [google]
5861228

>Ripple shill spamming every thread 24/7
who could be behind this I wonder

>> No.5861292
File: 802 KB, 768x510, kim jong with generals 1.png [View same] [iqdb] [saucenao] [google]
5861292

>>5861086
Don't read what literal fucktards on the internet have to say about it. Read about the macroeconomy. Read about how much money the central banks of the world have printed in the last 100 years. Read about the Bretton Woods system, closing the gold window, the petro-dollar, and every financial crisis since 1873. Read about the structural problems with the global economy, especially in the over-indebted western world.

>realize with your own brain that XRP is a financial terminator, cleverly disguised as a startup cryptocurrency, that is sent on a mission to make war against and assassinate all the obsolete fiat and cryptocurrencies, and bring about a new financial system that will last 80-100 years.

>> No.5861469

>>5860841
Literally ONE small shitty bank is PILOTING the use of XRP tokens. XRP is worthless. Banks using it are a meme that pumped XRP to a 100b+ marketcap. Have fun holding bags after the inevitable dump

https://i.imgur.com/x1dD8oY.jpg

>> No.5861584

>the virgin Warren Buffett
>Make billions smartly investing in the companies that literally built America over the course of a lifetime

>The Chad Chris Larsen
>Scam the world with internet coin in 2 years

>> No.5861655

>>5858188
Do u guys think they have Wolf of Wall Street parties every time it goes up a dollar?

>> No.5861688

>>5858188
>If XRP hits $5.56 he is going to be the richest person in the entire world


this is just so retarded.

this whole market is a joke.

>> No.5861697

>>5861292
Is this a real picture? Why are they all so short? Even for Asians they look like midgets.

>> No.5861744

Non-jew jewing the jews

>> No.5861851

>>5858846
Yes, the point is to show how absurd the current price is. Also this is true for almost everyone in the top 100 on the Forbes list.

>> No.5861868

>>5861292
>>5861688
>>5861469

My point exactly.

>> No.5861958

>>5858485
it's printing money though, it's okay, WHO CARES RIGHT, ITS JUST A FIDGET SPINNER TO TARGET millennials for shit sakes

>> No.5862027
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5862027

>>5858846
That would be funny.

The point is that XRP is only the token, that's it. A lot of people don't realise that.

When you see it - XRP - on exchanges, it's not shares in the Ripple Company which are being bought, it's the token. Totally separate.

Good to watch it dump hard tho...

>> No.5862141

should I buy ripple rn

>> No.5862170
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5862170

>>5858602

You don't think this scam is going to have a good ending? You really think XRP is in its state for a reason, some shit is going to go down, I wonder how many people are going to put a whole in their face for pulling out mortgages, and loans, and maxing out credit cards for this stuff.

>> No.5862913

He doens't actually have $58B worth, he has far less than that. To sell, he would have to go down the order book. Very soon he would be getting far less per token. So many newfags don't understand that, saying projects are "worth" their market cap.