I may not get every call right, however I went with my guts, what I read, and most importantly with the information passed on to me from a very trusted friend. Yesterday - I dumped every single alt coin I had (not very many) and put, "all on black baby!". I went all in on Ripple XRP.
The long awaited lockup has hit and now 55 BILLION Ripple are in escrow - guaranteeing a certainty of supply at any given time. Move over every other alt coin, your boss just walked in.
"By securing the lion’s share of XRP in escrow, people can now mathematically verify the maximum supply that can enter the market. While Ripple has proved to be a responsible steward of XRP supply for almost five years – and has clearly demonstrated a tremendous track record of investing in and supporting the XRP ecosystem – this lockup eliminates any concern that Ripple could flood the market, which we’ve pointed out before is a scenario that would be bad for Ripple!"
Good post! I understand the actual lockup is scheduled to happen in the next couple of weeks. I don't know of a specific date though. Is anyone privy to that information?
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Answering my own question. It looks like the lockup happened today. I found the information on the Ripple website:
https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/
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its done!
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Yep, thanks. I'm just slow :(
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Tell me you guys got in before this! Tell me you grabbed RIPPLE this morning at 0.20 !!
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I traded some ether for 187 xrp a couple days ago on your advice. I may try to grab more tomorow on my lunch break.
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AWESOME
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can you get me a re-steem on this one to get the word out?
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I'll do a send around this time, but if you want more exposure you need to get around and visit some other blogs. Its a 2 way street here.
#thealliance
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So when does this rocket leave the launch pad? Looks as if this news has had little effect.
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The new is not gonna be the game-changer. Those 550B XRPs were not circulating in the market even before.
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