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legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
December 20, 2014, 10:09:54 PM
#24
Strange fact is that Ripple is so old, but they have the lowest count of community compared to other Crypto projects.

A majority of the community gathers at xrptalk.org or in group chats over Skype. Few visit this site.

At the moment xrptalk.org has 90 users online, of which 31 are registered users. I have seen total active users frequently surpass 100, as of late. In my experience, Ripple has a passionate core community of active participants in the ecosystem---traders, coders, and those attempting to establish businesses using the Ripple network---with a broad spread of nationalities and backgrounds represented. I learn a lot through the community.

In my experience, it is much less of a hype oriented culture. I think that has been a side effect of how depressed the price has been for so long; I kind of see that as an advantage now. In general, those that have stuck around through all of the uncertainty have passionate interest in Ripple. A lot of diverse perspectives are exchanged, and critical perspectives on Ripple/XRP/Ripple Labs are frequently and openly shared.

At various points in the past, I would have definitely agreed with your perspective, but it has become an increasingly lively ecosystem. It is worth checking out.

So a multi hundred million market cap and the prime resource for discussion has 31 members online? r/ripple has 5 members online right now and just over 1100 subscribers. It doesn't make a lot of sense to me.

cos prolly ripple didn't attract much amateur traders, nerds, hopeful "idealists" and neckbeards.

afaik, ripple is being marketed to banks and FI's as they changed tack in their business strategy.
sr. member
Activity: 560
Merit: 250
December 20, 2014, 08:55:39 PM
#23
Well guys the pool says it all. Do the opposite of what a bitcointalk poll and you will be in the money.


Indeed. What a bear party we're seeing here and do you know what it smells like? Relief, because there is a lot of fear in regard to the growing XRP price. This dip will be temporary again, as was the previous one. But Bitcoin must succeed for a lot of people here (i.e. because they are financially underwater or foolish idealists) and therefore OP made this topic. This reminds me how much fear there is towards XRP, even though both Ripple and Bitcoin don't really share the same goals.
sr. member
Activity: 266
Merit: 250
support.
December 20, 2014, 08:30:05 PM
#22
Ripple is great project and protocol that will be adopt by banks in couple of years.

sometimes i think, it is only made for that...
sr. member
Activity: 350
Merit: 250
December 20, 2014, 05:30:35 PM
#21
So a multi hundred million market cap and the prime resource for discussion has 31 members online? r/ripple has 5 members online right now and just over 1100 subscribers. It doesn't make a lot of sense to me.

I think there has been a lot of good news, which has attracted speculators, and speculators have then attracted more speculators...

A lot can be argued in favor of XRP as an investment, but I am most interested in the merits of the Ripple protocol in isolation from XRP exchange value.

Ripple has a highly engaged community, surrounding a widely misunderstood crypto protocol and network, and that is my general message. I am most excited by the new investment interest attracting new contributors to the ecosystem.

Success of any cryptocurrency, in general, is almost religiously associated with a high exchange value. If Bitcoin continues to incrementally improve, as necessary for scale, dropped to $10 on the exchanges, and then became widely adopted---it would be hard to say that the protocol was not successful. I am not sure why Bitcoin, or any cryptocurrency, needs to trade at $10K for it to be considered a success. And this is also true of Ripple. Adoption is key, in my opinion, and it is cool seeing Ripple continue to gain traction---as well as all of the continual improvements being made to the code base.

I hold XRP as a long term investment, and do not encourage anyone to invest in any cryptocurrency without taking the time to research and understand it. Even then, investment in any cryptocurrency remains high risk.

I think the greatest odds of making money from any cryptocurrency is through building something uniquely useful on top of it, and something useful for people beyond its core community. In general, I also think that will be the winning path to ubiquitous cryptocurrency adoption. Ripple is highly oriented toward utility.

If you are a dev or entrepreneur, check out the CrossCoin startup accelerator linked in my sig. Ripple has opportunity for profit beyond XRP, and the accelerator can help get you rolling.

xrptalk.org is a useful forum for anyone wanting to understand more about Ripple---its community voice is underrepresented here.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
December 20, 2014, 04:54:18 PM
#20
Strange fact is that Ripple is so old, but they have the lowest count of community compared to other Crypto projects.

A majority of the community gathers at xrptalk.org or in group chats over Skype. Few visit this site.

At the moment xrptalk.org has 90 users online, of which 31 are registered users. I have seen total active users frequently surpass 100, as of late. In my experience, Ripple has a passionate core community of active participants in the ecosystem---traders, coders, and those attempting to establish businesses using the Ripple network---with a broad spread of nationalities and backgrounds represented. I learn a lot through the community.

In my experience, it is much less of a hype oriented culture. I think that has been a side effect of how depressed the price has been for so long; I kind of see that as an advantage now. In general, those that have stuck around through all of the uncertainty have passionate interest in Ripple. A lot of diverse perspectives are exchanged, and critical perspectives on Ripple/XRP/Ripple Labs are frequently and openly shared.

At various points in the past, I would have definitely agreed with your perspective, but it has become an increasingly lively ecosystem. It is worth checking out.

So a multi hundred million market cap and the prime resource for discussion has 31 members online? r/ripple has 5 members online right now and just over 1100 subscribers. It doesn't make a lot of sense to me.
sr. member
Activity: 350
Merit: 250
December 20, 2014, 04:10:59 PM
#19
Strange fact is that Ripple is so old, but they have the lowest count of community compared to other Crypto projects.

A majority of the community gathers at xrptalk.org or in group chats over Skype. Few visit this site.

At the moment xrptalk.org has 90 users online, of which 31 are registered users. I have seen total active users frequently surpass 100, as of late. In my experience, Ripple has a passionate core community of active participants in the ecosystem---traders, coders, and those attempting to establish businesses using the Ripple network---with a broad spread of nationalities and backgrounds represented. I learn a lot through the community.

In my experience, it is much less of a hype oriented culture. I think that has been a side effect of how depressed the price has been for so long; I kind of see that as an advantage now. In general, those that have stuck around through all of the uncertainty have passionate interest in Ripple. A lot of diverse perspectives are exchanged, and critical perspectives on Ripple/XRP/Ripple Labs are frequently and openly shared.

At various points in the past, I would have definitely agreed with your perspective, but it has become an increasingly lively ecosystem. It is worth checking out.
hero member
Activity: 759
Merit: 500
December 20, 2014, 03:51:30 PM
#18
Ripple is great project and protocol that will be adopt by banks in couple of years.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
December 20, 2014, 03:44:24 PM
#17
And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.
They touch upon it a little tiny bit in the last paragraph here.

https://ripple.com/bitlicense-how-ripple-labs-approaches-regulations/
Bad news are not that well suited for broadcasting.
Conceptually forced to approach all kinds of regulations, Ripple will soon be the most overregulated currency in the world.
(oh dont start argueing if it is a currency, plz)

Overregulations will make it a commodity?
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
December 20, 2014, 03:26:28 PM
#16
And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.
They touch upon it a little tiny bit in the last paragraph here.

https://ripple.com/bitlicense-how-ripple-labs-approaches-regulations/
Bad news are not that well suited for broadcasting.
Conceptually forced to approach all kinds of regulations, Ripple will soon be the most overregulated currency in the world.
(oh dont start argueing if it is a currency, plz)
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
December 20, 2014, 07:05:47 AM
#15
shilling?  in bitcointalk?  nobody does that.  but then there's everyone.

Grin
newbie
Activity: 2
Merit: 1018
December 20, 2014, 05:36:59 AM
#15
I'm counting 3 new shill post so far on the forum Cheesy

Lets see how many more will come.

I must admit it is a bit disturbing. It is like there is an urgency to convince people that ripple is great. By the way I thought ripple labs did not care about the community and preferred to focus on the financial institutions?They then should go post on bankerstalk.org instead  Grin
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
December 19, 2014, 06:54:22 PM
#14
well, i think from all the xrp the exchanges are using to buy or sell Bitcoins. So if there is a large volume in bitcoin selling then Ripple will get pumped again... this is what i noticed.

china was the driver.  it all starts at btc38 then other exchanges follow.
hero member
Activity: 1098
Merit: 500
December 19, 2014, 06:54:00 PM
#13
seems like its going back up  Shocked
member
Activity: 98
Merit: 10
December 19, 2014, 06:51:27 PM
#12
ripple will go to zero. dead.

Funny, I remember hearing that when Ripple was under 50 million.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
December 19, 2014, 06:26:08 PM
#11
Well guys the pool says it all. Do the opposite of what a bitcointalk poll and you will be in the money.
MR1
legendary
Activity: 927
Merit: 1000
December 19, 2014, 06:19:10 PM
#10
As XRP begins to dump, BTC must logically rise right? Coz dumped XRP will be converted in BTC...
legendary
Activity: 882
Merit: 1024
December 19, 2014, 05:09:57 PM
#9
700% gain isn't sustainable, take profits now or cry later.
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
December 19, 2014, 02:21:06 PM
#8
And the news that Australia will charge tax on crypto means the ripple protocol will be illegal in at least 1 country.

That may have already been priced in since people already knew that was happening.

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

Yes, but Ripple Labs is trying to do something about this.

Please see the thread below.
https://bitcointalksearch.org/topic/ripple-i-dont-think-rl-would-be-talking-to-a-government-if-they-were-scammers-880666


Why didn't they name the thread "Ripple could be illegal soon in Australia"?

rather than the misleading
"Ripple : I don't think RL would be talking to a government if they were scammers"

And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.



They touch upon it a little tiny bit in the last paragraph here.

https://ripple.com/bitlicense-how-ripple-labs-approaches-regulations/

Again it's ambiguous.  Ripple labs are not being straight up.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
December 19, 2014, 01:54:26 PM
#7
And the news that Australia will charge tax on crypto means the ripple protocol will be illegal in at least 1 country.

That may have already been priced in since people already knew that was happening.

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

Yes, but Ripple Labs is trying to do something about this.

Please see the thread below.
https://bitcointalksearch.org/topic/ripple-i-dont-think-rl-would-be-talking-to-a-government-if-they-were-scammers-880666


Why didn't they name the thread "Ripple could be illegal soon in Australia"?

rather than the misleading
"Ripple : I don't think RL would be talking to a government if they were scammers"

And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.



They touch upon it a little tiny bit in the last paragraph here.

https://ripple.com/bitlicense-how-ripple-labs-approaches-regulations/
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
December 19, 2014, 01:49:34 PM
#6
And the news that Australia will charge tax on crypto means the ripple protocol will be illegal in at least 1 country.

That may have already been priced in since people already knew that was happening.

https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

Yes, but Ripple Labs is trying to do something about this.

Please see the thread below.
https://bitcointalksearch.org/topic/ripple-i-dont-think-rl-would-be-talking-to-a-government-if-they-were-scammers-880666


Why didn't they name the thread "Ripple could be illegal soon in Australia"?

rather than the misleading
"Ripple : I don't think RL would be talking to a government if they were scammers"

And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.

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