Re: Proof that Ripple numbers are manipulated by Coinmarketcap, there is no boom!
https://archive.org/web/
Source is from the way back machine.
What Ripple did was get Gliss (possible allegation of bribes?) to manipulate the number of available Ripple coins, even though well over 90%+ of Ripple has always been held by the developers.
Since they control so much of Ripple (90%+ in actuality) they can pump and dump all day and manipulate the price too.
As you tend to delete your posts, here's the answer to another, similar post by you that I wrote yesterday:
Ripple capitalization is just heavily manipulated because they have Gliss on coinmarketcap fiddling with the numbers to make it look bigger than it really is. Remember when Gliss used to accurately report the number of available Ripple Coins? What made him changed his mind? Did he receive a Ferrari as a birthday gift? Possibly..
https://web.archive.org/web/20140611024200/http://coinmarketcap.com/
(8 billion Ripple coins back then compared to 30 billion Ripple coins now)
https://web.archive.org/web/20140611024200/http://coinmarketcap.com/
(8 billion Ripple coins back then compared to 30 billion Ripple coins now)
2 months before that:
http://web.archive.org/web/20140405192501/http://coinmarketcap.com/
~100 billion XRP (just like now, see http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/), compared to ~30 billion XRP not at RippleLabs.
Because of that ("OMG Ripple = evil, so many coins + premine!") Gliss implemented a check for distribution values which scrapes web sites. Ripple Labs first put on their page (https://www.ripplelabs.com/xrp-distribution/) that they owned 80 billion XRP and handed out ~8 billion of these (June: http://web.archive.org/web/20140625224750/https://www.ripplelabs.com/xrp-distribution/), this is what Gliss put on his page. Some time later RippleLabs put on their page that they owned 80 billion XRP of all 100 billion XRP, handed out ~9 billion and don't own ~29 billion of all the XRP (October: http://web.archive.org/web/20141007095332/https://www.ripplelabs.com/xrp-distribution/) - hence the spike in "market cap of coins in circulation".
The jumps in distribution (e.g. on November 23rd.) come because Ripple Labs does not update their page live but only from time to time. There are and will be for the forseeable future ~100 billion XRP out there. What is displayed on coinmarketcap is just Gliss' interpretation of the truth, if you disagree - feel free to open your own page that does it differently (actually that's how http://cryptmarketcap.com/ was initially founded).