Replies to post #8795 on Ripple (XRPUSD)

[Gman3343]

Dude, all cryotos have been down. Nothing has been going up.
Xrp is going up before end of year if you ask me, just my opinion.

Watch and learn, if it doesnt ho up by end of year you can tell me you told me so lol.

[stockvaper]

This is mathematically impossible. At least read the following and think about what they are saying. That's the truth, not fake news.

Too much supply, equal to dilution.

An Explanation of Ripple’s XRP Escrow

"To provide additional predictability to the XRP supply, Ripple has locked 55 billion XRP (55% of the total possible supply) into a series of escrows. These escrows are on the ledger itself and the ledger mechanics, enforced by consensus, control the release of the XRP.

The escrow consists of independent on ledger escrows that release a total of one billion XRP each month over the next 55 months. This provides an upper limit on the amount of new XRP that can be brought into circulation. The amount of XRP actually released into circulation will likely be much less than this. Any additional XRP leftover each month will be placed into a new escrow to release in the first month in which no escrow currently releases.

During the process of moving Ripple’s XRP into escrow, we also changed our account security model. The XRP Ledger supports a native multisign scheme and Ripple secured the accounts the escrows release into using this scheme.

The multisignature scheme has numerous advantages over the schemes other ledgers use. For example, the signers or quorum can be changed without changing the receiving address. Individual signers can rotate their own credentials without disturbing the funds on the ledger.