You are viewing a single comment's thread from:

RE: Ripple Escrows 55 billion XRP

in #bitcoin7 years ago

I think its way to much! More coins, less value.
They need to find a other way to gain popularity.
When they release it, there will be a little peak, but after that i guess its going down on the same speed.

Sort:  

Well, I think that was their point all along. To escrow some coins, and increase the value since 55 billion is over 50% of the total supply (100 billion). Blocking those coins, could mean an increase in the price of the XRP.