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Author Topic: Two new partners for Ripple -price still dropping  (Read 1429 times)

Offline Mc_Moneysack

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Two new partners for Ripple -price still dropping
« on: January 25, 2018, 02:13:24 PM »
Ripple announced that they would partner with two new companies: https://ripple.com/insights/more-global-payment-providers-idt-and-mercuryfx-sign-up-to-use-xrp/

Shouldn’t this be news that’s causes the price to rise?
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Two new partners for Ripple -price still dropping
« on: January 25, 2018, 02:13:24 PM »

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Offline Cryptomania101

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Re: Two new partners for Ripple -price still dropping
« Reply #1 on: January 26, 2018, 12:39:31 AM »
I heard ripple is centralized. Im not sure if it is true.
Does anyone have any info?
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Offline UnknownOne_00

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Re: Two new partners for Ripple -price still dropping
« Reply #2 on: January 26, 2018, 03:14:58 PM »
It is centralized in the sense that the Ripple company owns and holds most of the supply and releases it step by step when they see it fit.
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Offline Cryptomania101

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Re: Two new partners for Ripple -price still dropping
« Reply #3 on: January 26, 2018, 04:16:53 PM »
Quote from: UnknownOne_00 on January 26, 2018, 03:14:58 PM
It is centralized in the sense that the Ripple company owns and holds most of the supply and releases it step by step when they see it fit.

Thats not that bad. I was thinking more like a central bank. How do they release supply? Or do they just sell on market?
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