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Topic: Buying Ripple XRP: BTC - 1 BTC for 25,000 XRP (Read 4739 times)

full member
Activity: 232
Merit: 150
hero member
Activity: 518
Merit: 500
I am still buying Ripples...read the first post in the thread for details and I will send payment promptly.
eco
newbie
Activity: 12
Merit: 0
I did a trade with tclo and all went well.  I sent him the XRP and he sent the BTC quickly. Thanks again.
full member
Activity: 232
Merit: 150
 
newbie
Activity: 45
Merit: 0
The exchange rate seems somehow lousy. If I am not missing something you should get around 37,194 XRP for 100 USD.

http://i711.photobucket.com/albums/ww111/bojan_aqua/2013-04-22--Bitstamp-USD-XRP-700px.png

sr. member
Activity: 406
Merit: 250
Ok. So now you have this option:

hero member
Activity: 1484
Merit: 500
Across The Universe
Can Confirm a Succesfull Trade : https://blockchain.info/address/1Q3HBtNj2RADRfrnjy71afbtvZgMMJcos1

I send First my Ripples 19799 for 0.45 BTC its a Nice Deal ... i really dont know what i can do with them Cheesy Soo

Thanks


+ 1 tclo
hero member
Activity: 518
Merit: 500
Ok price of XRP is falling, so I had to drop the price I am paying.  It will still be worth it to many of you, so let me know if it is.
newbie
Activity: 17
Merit: 0
Great transaction with tclo. Received BTC in minutes.
hero member
Activity: 518
Merit: 500
just bumped the rate up...plus BTC strength makes this a good time to sell your XRP, imo

hero member
Activity: 518
Merit: 500
I'm happy with my deal with tclo very professional imho.   Smiley

Thank you and I've just improved the rate even further. 
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I'm happy with my deal with tclo very professional imho.   Smiley
hero member
Activity: 518
Merit: 500
this thread became too noisy and off-topic:  new thread here:

https://bitcointalksearch.org/topic/m.1972993
sr. member
Activity: 434
Merit: 250
5 btc on the table gimme some ripple  Grin
member
Activity: 84
Merit: 10
Yes someone on reddit brought that up but also said that if they started processing as many transactions as VISA, all the ripples would get destroyed in a year or two.
And their calculation was off by at least a factor of 100,000 because they started guessing without even bothering to look anything up first.
hero member
Activity: 518
Merit: 500
And also, every transaction will destroy a portion of a ripple.  This will incrementally increase the value of all ripples.

Yes someone on reddit brought that up but also said that if they started processing as many transactions as VISA, all the ripples would get destroyed in a year or two. I doubt this will happen of course but they may have to adjust the destruction rate downwards over time.
newbie
Activity: 62
Merit: 0
And also, every transaction will destroy a portion of a ripple.  This will incrementally increase the value of all ripples.
newbie
Activity: 62
Merit: 0

This is really serious concern, and I think people just underestimate possible effect of a massive XRP "distribution" that is about to happen. In May, Ripple is coming out of beta, and OpenCoin will be giving away billions of XRP in wide-scale campaigns. They can easily run something like "every Facebook account can request 20K XRP for free!" which will be adding billions of XRP to the market in no time....

Where did you get this information?  It wouldn't benefit the owners or silicon valley investors if they released XRPs so fast that they were devalued.

I expect this to be like an IPO where additional shares are released in an intelligent way to avoid devaluation.
hero member
Activity: 518
Merit: 500
+1 for tclo, I traded my XRP for BTC without a problem, fast transaction and communication.

Thank you for the very smooth transaction.  And I just raised the amount I am paying for anyone else who is interested.
legendary
Activity: 1806
Merit: 1003
+1 for tclo, I traded my XRP for BTC without a problem, fast transaction and communication.
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