Post
Topic
Board Altcoin Discussion
Re: Is Ripple dumping XRP to pay their fine?
by
ðºÞæ
on 17/05/2015, 15:06:53 UTC
The price of XRP has been pretty stable for 2 or 3 months but has now dropped to levels not seen since 11/14.  Could this be Ripple selling XRP to pay their government fine?
lol no, its a company (with about 40 staff) and it sets theprice  to whatever it feels is right to sell the xrp's which did cost anything to produce and can be copied endless times over.
An xrp will never be yours they may allow you to hold some and thats about it.
The fine is loos change for them and nothing more than a Charade.