Post
Topic
Board Altcoin Discussion
Re: Buying Ripple credits: 40,000 xrp for .1 BTC
by
drawingthesun
on 14/04/2013, 04:37:04 UTC
Currently ~49500 XRP per BTC

This is genius.

At the rate of 50,000 XRP per Bitcoin, the ripple team are sitting on a stash of over 80,000,000,000 XRP with a value of 1,600,000 Bitcoin.

I wonder if the system will ever be opened up? Or if the team are simply selling as many XRP on the exchanges as possible before the fools handing over Bitcoin run out.