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XRP - Ripple Forum / Re: Future Of Ripple
« on: November 30, 2018, 03:33:17 PM »They are starting to unlock the dev ripple tokens soon, unlocking 1 billion a month for the next 55 months. I think this will cause ripple to collapse because there wont be any security as the devs can simply sell their tokens and exit with billions of dollars.
I dunno that I'm quite as vindictive with it as that, but there certainly will be lots of sell pressure weighing down the order books if they start dumping.. unless theyre gonna sell them through OTC markets but I'd be surprised if someone just randomly wants to buy 100s of millions in XRP tokens.. will be interesting to see how it plays out.
