20.5 Billion withdrawn from XRP (Ripple) in 5 minutes. What is going on?

in ripple •  7 years ago 

Ripple is taking a beating right now, with it being down 22.96% in the last 24 hours.

The real story, though, is how it lost $20.5 Billion in the space of 5 minutes! Does anyone know how this happened? Was this a bank withdrawing? Was it Ripple itself dumping the market?

Personally, I wouldn't touch ripple with a barge-pole. I do not understand why anyone would believe they have credibility because they are tied to the banks. If anything that removes their credibility! Also, we still don't know for sure whether the banks will use XRP.

Take a look at these screenshots and let me know what you think.

Screen Shot 2018-01-08 at 12.57.43.png
Screen Shot 2018-01-08 at 12.57.43.png

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Dec 5th i think was the date, 900 million ripple bought by the Banks pumping up th eprice do a search on youtube you can see the transaction of these greedy, corrupt, fat cat bankers.

The naive ordinary public have been scammed to buy the banksters coin and now guess who is selling the ripple at inflated prices to make a ton of profit? the bankers of course its a pump and dump

want to run a node on ripple you have to ask their permission!

guess who has been getting permission the banks friends of course.

the coins were pre mined so no democracy there just greedy fat cat bankers screwing the public again, nochance of ordinary miners getting a miners reward so the money stays in the pigs trough called the bankers funds.

search on steem, reddit, youtube for more news about the bankers coin ripple which means any coins YOU BUY CAN BE FROZEN and your account is locked with no access to your money, read the whitepaper it is shocking!

Nick
Certified Bitcoin Professional

looks like I posted the same screenshot twice - sorry about that. This is the one I meant to post
Screen Shot 2018-01-08 at 12.57.52.png

It shows Ripple going from a market cap of 123.565BN to 103.247BN between 4:54 UTC and 4:59UTC

I steer clear of banker's coin. so many other options.

Ripple is a disease. I'm sorry but I'm afraid you have Ripple ;) the king of shitcoins against the very idea that created bitcoin