Yes, Ripple themselves say exactly that in the linked article: "Ripple has sold on average 300M XRP per month for the past 18 months."
What is not bought up (or given away) is put in escrow until the 55 months are over, after which they are released (sold or given away) to the wild.
Where can I go to get given some ripple?
Look at the chart, down trend for months, who would be crazy enough to hold still. Seems to me best to sell while you can, it's going to 2000 sats, or lower, probably ripple labs wants it cheap so the transaction fees are low to impress the banks, and someone is making money while their at it. There is no reason to think it will suddenly go up to the magical dollar as so many people say.
Pure and utter rubbish!
At these prices XRP is a buy!
Could you care to elaborate the reasons you think XRP will appreciate in value over the short to medium term. It would be a nice change of pace with the majority of the XRP bulls here who just post drivel and ad hominems.
You're the only drivel around here. We all knew that whatever was unsold would get released back this wasn't news to anyone thanks thought you were trying to say they were adding to the max supply which they aren't.
The XRP supply shouldn't even matter. Its already faster than all the other coins. That's what bitcoins issue was being too slow. I already see the value of XRP as being much better than most coins out there. Should be worth more based on what it is not compared to the marketcap of a bunch of crap coins that are just copycats
Don't try to put words in my mouth; I never said or implied Ripple is increasing max supply. Nevertheless, the fact that 55bn of XRP is not in circulation, releasing up to 1bn a month is inflationary.
Completely agree on the faster transaction speed being a killer USP for the coin, and adoption of legitimate FIs. I'm just saying don't expect much appreciation for years, and am concerned about market manipulation, selling to FIs at a discount, and cronyism.