Post
Topic
Board Altcoin Discussion
Re: Opinion: Why Ripple/XRP Doubled In Value in Less Than A Week
by
blackbird307
on 25/11/2014, 23:29:09 UTC
Quote
XRP Distribution Strategy

We believe that broad adoption of Ripple as a protocol will result in organic demand for XRP over the long run. Ripple Labs plans to distribute XRP to encourage growth in six categories. The categories are:

    Users - Everyone needs a small amount of XRP to fund an account on Ripple and start using the network. We are committed to broad user giveaways and other programs that bring new users to Ripple. Distributing XRP is a powerful user acquisition strategy. This model is similar to how Paypal grew.
Does anyone remember this:
http://www.finextra.com/news/fullstory.aspx?newsitemid=26100

This guy was gonna market sell all his holdings. How's that for distribution?



Looks like a broken API connection by coinmarketcap to ripplecharts.com to me...

I'm not sure what the other pictures from BTCUSD charts/markets should have to do with Ripple?
Maybe Ripple should have that fixed, or remove them from coinmarketcap altogether. Oh wait, that's their only selling point.

When will this madness end... What a shit show!