You realize that scam means intent to deceive right?
Is that what you decided about Ripple? It was made to steal money from people? Strange ...
Assuming you just don't know the right words to convey thoughts with ... Ripple is very confusing, you're right. And its a higher risk investment than Bitcoin, for sure. You're right. If you are interested in buying some ripple, I just went through the whole process, banging my head against walls blindfolded basically ... so now I can help others:
1) Sign up on ripple
2) Sign up on SnapSwap.us
3) Decide on your dollar amount, and have SnapSwap generate an invoice to your email.
4) Print out invoice, drive to Wells Fargo bank, and deposit cash into their account (yes its legit). On the deposit slip type your username and invoice number (yes they'll see it)
5) Email [email protected] and tell them you did the deposit and dollar amount and username. (just to be thorough).
6) Open up a "line of trust" on Ripple for SnapSwap, and the dollar amount of your deposit
7) In a few days your Ripple Wallet will have a balance
8 ) In Ripple go to "Convert", select "XRP" from the dropdown, and purchase your XRP. You'll get current market price this way. Alternately you can attempt to use the "Trade" system, which I was utterly unable to figure out.
Boom you'll convert USD to XRP and you'll own XRP in an online wallet on Ripple.com
Im probably going to make another thread with this info because its not an easy process.
or you could simply buy them at bitstamp and you skip all complicated steps above, but what is the point of ripple any ways, I mean why ripple ? a centralized "coin" that a company owns that cant do a shit!! is it like a payment bridge ? no proof of work or anything, coins generated of thin air and sold to people for money.
isn't that the real definition of ponzi scheme? the people on the top of the pyramid (owners of the company) get the most and people like you buy it and tell people about it so more people buy.....
I mean what do you do with ripple can you please explain I don't really get the concept ?
Because on exchange, that is integrated right into the client you will get far better rate, than on Bitstamp.
Oh, by the way, you just defined Bitcoin right there. Since I started trading bitcoin I hear all the time about Satoshi being this evil mastermind, that hid half of coins for himself Well, today I trade both ripple and bitcoin, Am I not just asking to be ripped off by those geek scammers?
a) Ripple is much faster, than any of bitcoin clones (isn´t speed one of arguments for litecoin?), my transactions got cleared in seconds.
b) "Coins generated out of thin air" - then go back to fiat seriously, you can atleast touch it.
c) I can actually buy more bitcoins in ripple client with no goddamn fees! Hell yes.
d) Yes, Ripple is sort of payment bridge. Like Paypal, but with zero fees. Is Paypal ponzi too?
e) Ripple exchange is actually decentralized.
For the recod, I made actual money, using Ripple. I also made money using Bitcoin.