Sold all my silver years ago, bought pot stocks, sold my pot stock to buy bitcoin.

Best decision I ever made.

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Source: BTC
Sold all my silver years ago, bought pot stocks, sold my pot stock to buy bitcoin.

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Ripple Sold Over $250 Million Worth of XRP in Q2 2019 Amid Spike in Institutional Involvement

Coinspeaker
Ripple Sold Over $250 Million Worth of XRP in Q2 2019 Amid Spike in Institutional Involvement

On Wednesday 24th July, Ripple Labs released its quarterly report with regards to the XRP market. This publication mainly focuses on data such as trading volumes and future strategies to dump the company’s XRP token inventory. As this was stated in a recent Twitter post:

Per the report, the decentralized hyper-ledger technology company records a 48% increase in its quarterly sales. A cumulative record sales rose from $169 million in Q1 2019 to $250 million in Q2 2019, while and industries and corporations delve into the world of digital tokens. Indeed, established Cryptocurrency platforms such as Ripple are arguably taking full advantage of this trend.

The involvement of these institutional investors in XRP tokens was said to have upsurged the sales benchmark from $61.9 million in Q1 by nearly 73 percent, reaching a soaring range of $107.9 million in Q2. In this report, Ripple also announced that it has raised an excess of $250 million in total sales during the second quarter of 2019, noting explicitly that the company would offer a reduced number of its token supply up for sale, from now henceforth. 

Irrespective of this growth rate, the company nonetheless projects a more strategic token sales mechanism in the future as it adds: 

“Ripple plans to take a more conservative approach to XRP sales in Q3. As noted, the company switched benchmarks to CryptoCompare Top Tier (CCTT) and will target programmatic sales at 10 basis points of CCTT reported volumes.”

The proposed strategy indicates that the company would focus mainly on where there is higher liquidity. Since the company is alleged to have an aggregate of $1.1 billion of XRP, that amounts to 36% of its total sales to various exchanges, Ripple intends to significantly reduce its dealings with certain over-the-counter exchange markets. And as such, a partnership agreement with such data and indices firm as CryptoCompare would help outsource already inflated statistics.

In order to update the benchmark for the overall market volume of XRP as well as ensure a reduced future sales of the token, Ripple Labs, through its affiliate companies Xspring and RippleNet, establishes its plans underway to fund XRP project developments. With regards to the Ripple escrow system, a total of 3 billion XRP would be withdrawn within the span of a quarter (3 months), leaving off 70% (2.1 billion) to be re-invested back into the escrow contracts.

On 3rd of July, Xpring reported that since the inception of XRP about a year ago, it had spent over $500 million on XRP projects. Adding that it would prioritize the creation of new XRP use cases through infrastructure developments and innovative projects.

According to CoinMarketCap, Ripple Labs has almost 43 billion XRP tokens in total supply along with an approximate of $1.3 billion trading volume. Of this enormous token supply, the company is authorized to sell several billion each month. However, these purported monthly sales have been subject to constant criticism. 

Ripple Sold Over $250 Million Worth of XRP in Q2 2019 Amid Spike in Institutional Involvement


Source: coinspeaker
Ripple Sold Over 0 Million Worth of XRP in Q2 2019 Amid Spike in Institutional Involvement

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Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019

notes $250 million in XRP sales in its Q2 report, a 48% increase since the first quarter


Source: cointelegraph
Ripple Sold Over 0 Million in XRP in the Second Quarter of 2019

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Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019

Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019

This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen […]
Source: cryptonewsmonitor
Ripple Sold Over 0 Million in XRP in the Second Quarter of 2019

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Ripple Sold $251 Million Worth of XRP in Q2, Increasing Total Nearly 50 Percent

XRP’s global trading volume dropped 28 percent after CryptoCompare filtered out inflated statistics.
Source: worldnewsoffice
Ripple Sold 1 Million Worth of XRP in Q2, Increasing Total Nearly 50 Percent

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Ripple Sold More Than $251 Mln Worth of XRP in Q2 2019

In Q2, its highest quarterly sum of XRP with programmatic sales being responsible for the lion’s share of it
Source: cryptocomes
Ripple Sold More Than 1 Mln Worth of XRP in Q2 2019

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I’m so glad I sold bitcoin way back. Said no one. Ever.

But seriously unless someone bought low, at 20k and bought at 4K again never sell. Bitcoin is long haul.

Stack and stack boys. Every little bit 🙂

submitted by /u/never2spicy
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Source: BTC
I’m so glad I sold bitcoin way back. Said no one. Ever.

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I sold and price went up. You’re welcome everybody

submitted by /u/Antman987
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Source: BTC
I sold and price went up. You’re welcome everybody

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Waves CEO Has Sold His Stake At Vostok, A Waves Blockchain Affiliated Project

Alexander Ivanov, the founder, and of  has recently decided to fully sell his stake of Vostok, blockchain spin-off of the platform. According to a recent press release, now only the GHP Group, which bought all the stakes, will be the owner of the project. The also affirmed on the press release that […]
Source: bitcoinexchangeguide
Waves CEO Has Sold His Stake At Vostok, A Waves Blockchain Affiliated Project

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When you panic sold and now have no BTC…

When you panic sold and now have no BTC... submitted by /u/MooseOfWoe
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Source: BTC
When you panic sold and now have no BTC…

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