Topic: * - page 6. (Read 9625 times)
I got 0.5 BTC for 39.8k xrp.. Deal confirmed here : https://blockchain.info/tx/2032fa369a0222cb529e41156fa6104856cf321868321ae8789838e0941e6c79
Also commenting for the bump.. Thanks !!
Also commenting for the bump.. Thanks !!
To answer the many PMs I got so far - yes, I'm still buying, send in your XRP to rnZoUopPFXRSVGdeDkgbqdft8SbXfJxKYh and PM me your Ripple and Bitcoin addresses.
How much for 60K ripple?
What is the Ripple Trade System?
I know you're in XRP buy mode but I don't suppose you could spare me a thousand (for a bitcent) so I can try it out with a few local buddies?
Why not, just drop your bitcent to 1ArviCCoWxAPBYwQKyBnRsD3iPdxpJgJyS and post/PM your Ripple address.
how much is a bitcent?
It's all a bit too closed for my liking. The founders have donated 80 billion to OpenCoin - already there's alarm bells - they're keeping back a 20% stake of an entire economy for themselves?!
And then OpenCoin doesn't have a simple or fair way to share out the XRP, nor have they even pledged to distribute all of it, and yet there are even a couple of active gateways in place already? How come I, for example, can't just go ahead and open mine? It all seems stacked against the eventual users, which is a real shame as the overall concept is nothing short of brilliant.
Like with the founders of certain Bitcoin clones, I think their greed may be their undoing.
+1
I read about ripple on wikipedia earlier and had alarm bells ringing when I saw this.
Quote
Note that the Ripple protocol itself wouldn't preclude a hierarchical payment structure evolving, it just allows for the possibility of other structures.
If it doesn't preclude a hierarchical structure then one will develop as surely as night follows day
Like with the founders of certain Bitcoin clones, I think their greed may be their undoing.
Yeah, there are definitely some red flags around Ripple at this point. But, if the system itself (not necessarily XRP) succeeds, it has a potential to complement and enhance the Bitcoin ecosystem in many ways. So, I wish Ripple to succeed, regardless of their founders greed or lack of thereof.
Re complementing and enhancing Bitcoin, yes indeedy! Re their greed, maybe they deserve the reward, it can't have been easy to construct such an elegant framework. The sooner the code (server included) and XRP initial seeding rounds are opened up the better.
I know you're in XRP buy mode but I don't suppose you could spare me a thousand (for a bitcent) so I can try it out with a few local buddies?
Is there any other way to acquire them at this stage? ALSO, what happens to them as they get spent in transactions (1 XRP per transaction iirc?), do they simply vanish entirely?
From what I understand, XRP are given out in the millions to Ripple developers and people connected to OpenCoin. There are other public giveaways planned as well, but no one knows with certainty where and when.
100 billion XRP are in hands of OpenCoin right now, and they control the protocol for their creation and destruction. So, its hard to say how it will all play out in the end.
It's all a bit too closed for my liking. The founders have donated 80 billion to OpenCoin - already there's alarm bells - they're keeping back a 20% stake of an entire economy for themselves?!
And then OpenCoin doesn't have a simple or fair way to share out the XRP, nor have they even pledged to distribute all of it, and yet there are even a couple of active gateways in place already? How come I, for example, can't just go ahead and open mine? It all seems stacked against the eventual users, which is a real shame as the overall concept is nothing short of brilliant.
Like with the founders of certain Bitcoin clones, I think their greed may be their undoing.
Warning: this only works if your Bitcointalk account is older than 2013-02-19.
Why's this? After lurking for several months I only signed up today
It's not Arvicco's stipulation it's the age limit imposed on the Ripple giveaway. It is to prevent people creating accounts just to amass Ripples.
Ah OK, that's a shame. Is there any other way to acquire them at this stage? ALSO, what happens to them as they get spent in transactions (1 XRP per transaction iirc?), do they simply vanish entirely?
Warning: this only works if your Bitcointalk account is older than 2013-02-19.
Why's this? After lurking for several months I only signed up today
It's not Arvicco's stipulation it's the age limit imposed on the Ripple giveaway. It is to prevent people creating accounts just to amass Ripples.
Warning: this only works if your Bitcointalk account is older than 2013-02-19.
Why's this? After lurking for several months I only signed up today
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