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Topic: Buying Ripple XRP: BTC - 1 BTC for 25,000 XRP - page 2. (Read 4739 times)

hero member
Activity: 518
Merit: 500
adjusted the rate even higher.
hero member
Activity: 518
Merit: 500

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....

Yes that is the big impending question and why I'm not paying more than I am for XRP.  It really is a calculated risk.  The price could drop 80% in a few days with a flood of supply on the market. 

hero member
Activity: 518
Merit: 500
Crap, I should've copyrighted the whole "Buying Ripple XRP" thing in the very beginning! Wink
Seriously though, this is a free market and I don't mind copycat postings.  


Thank you...of course you are too smart to care, and looks like the competition is lowering prices, which is a good thing for all the sellers out there.  

I have not gotten any sellers yet...was just too late the party, I'm afraid.  But I am raising my offer price by 10%...probably won't go any lower than that though because OpenCoin could dump billions of XRPs on the market soon and will cause their value to drop, most likely...just depends on how much their marketing counteracts that effect.
hero member
Activity: 518
Merit: 500
adjusted the price even higher
hero member
Activity: 518
Merit: 500
This post is a shameless complete rip off of Arvico's XRP purchase thread (cf quotes belows).
tclo litteraly stole Arvico's intellectual property.


"Intellectual property"?   Are you serious?

I purposely made my post similar to his as a point of comparison.  I'm paying TWICE as much as he is.

hero member
Activity: 518
Merit: 500


As a public service announcement for others reading this ...

If you're not lazy, instead of taking the OP's offer:


A lot of people aren't "lazy", they just don't have time to do the long process that you describe.   Thiis much simpler and a 25% higher rate than the other guy is offering.  Let people decide for themselves what their time and trouble is worth.

And I don't see a way to get people to send you money via Paypal on the ripple site.
hero member
Activity: 770
Merit: 500
This post is a shameless complete rip off of Arvico's XRP purchase thread (cf quotes belows).
tclo litteraly stole Arvico's intellectual property.
I would think twice before sending him any money.

As dchapes mentions, it's fairly easy to sell your XRPs on Ripple.
You'll get a much better price, and won't be at risk of being scammed.
And you'll have learned something useful on the way.

So, you got your free Ripples in the Giveaway (https://bitcointalksearch.org/topic/ripple-giveaway-145506), but have no use for them?  You can sell them to me for some easy and quick $...here is the procedure:

- Check current exchange rate (see subject of thread).
- Login to your Ripple client.
- Click "Send" tab, transfer your XRP to my address rNXqK4ibcwi2JGmi8dJigTuszcinC61ths, confirm.
- PM me on this forum with your Ripple address (to check the amount of XRP that you sent) and your bitcoin address.
- I will send the appropriate amount of BTC to your bitcoin address as soon as I confirm your transfer. Normally, it only takes a few minutes, but in the worst case it may be a few hours.

(I can send USD instead if you prefer...just convert BTC price to USD and I can send as a Paypal "gift"..so no chance of chargeback...or Amazon gift card.)

I only need a limited quantity of Ripple XRP. So I reserve the right to stop buying XRP once I get enough. Any transfers I get in excess of my needs I'll return to the sender immediately.

If you feel more comfortable, we can break this up into smaller transactions.

-----------------------------------------
Current rate: 75,000 XRP per 1 BTC.

So if you send me 19,800 XRP received in the giveaway (the system won't let you send the last 200), you'll get 0.264 BTC.


So, you got your free Ripples in a Giveaway (https://bitcointalksearch.org/topic/ripple-giveaway-145506), but have no use for them? Sell them to me, here is the procedure:

1) Check current buy rate (see below).
2) Login to your Ripple client.
3) Click "Send" tab, transfer your XRP to my address rnZoUopPFXRSVGdeDkgbqdft8SbXfJxKYh, confirm.
4) PM me on Bitcointalk with your Ripple address (to check the amount of XRP that you sent) and your bitcoin address.
5) I will send the appropriate amount of BTC to your bitcoin address as soon as I confirm your transfer. Normally, it only takes a few minutes, but in the worst case it may be a few hours if I'm away from keyboard.

I only need a limited quantity of Ripple XRP for my experiments. So I reserve the right to stop buying XRP once I get enough. Any transfers I get in excess of my needs I'll return to the sender at once.

One more thing, for people with high enough WoT rating, I'm ready to send BTC first, just PM me.

-----------------------------------------
Current rate: 100,000 XRP per 1 BTC.
If you send me 19,800 XRP received in a giveaway (the system won't let you send the last 200), you'll get 0.198 BTC.
member
Activity: 84
Merit: 10
Current rate: 75,000 XRP per 1 BTC.

So if you send me 19,800 XRP received in the giveaway (the system won't let you send the last 200), you'll get 0.264 BTC.

As a public service announcement for others reading this ...

If you're not lazy, instead of taking the OP's offer:
  • Open a free bitstamp.net account
  • Go to Deposit->Ripple and follow instructions or select the "Send using Ripple web client" button.
  • In the Ripple client on the send page fill out the form to send a small amount of BTC (say 0.01) to Bitstamp
  • Notice that one of the payment options is to use your XRP Smiley
  • Note the exchange-rate/price is way better*
  • Increase the amount of BTC to send until you're sending as much of your XRP as you care to (if you increase the amount too much the client will be unable to give you a payment option, obviously)
  • Select "Send XRP" to make the exchange and tranfer
  • Go back to bitstamp.net, go to their Withdraw BTC page
  • Enter in any bitcoin address you control
  • Enjoy your bitcoin at a better rate*

* Currently ~49500 XRP per BTC, so for the 19,800 XRP the OP mentions you'd get ~0.4 BTC instead of the 0.264 being offered here.
hero member
Activity: 518
Merit: 500
So, you got your free Ripples in the Giveaway (https://bitcointalksearch.org/topic/ripple-giveaway-145506), but have no use for them?  You can sell them to me for some easy and quick $...here is the procedure:

- Check current exchange rate (see subject of thread).
- Login to your Ripple client.
- Click "Send" tab, transfer your XRP to my address rNXqK4ibcwi2JGmi8dJigTuszcinC61ths, confirm.
- PM me on this forum with your Ripple address (to check the amount of XRP that you sent) and your bitcoin address.
- I will send the appropriate amount of BTC to your bitcoin address as soon as I confirm your transfer. Normally, it only takes a few minutes, but in the worst case it may be a few hours.

I only need a limited quantity of Ripple XRP. So I reserve the right to stop buying XRP once I get enough. Any transfers I get in excess of my needs I'll return to the sender immediately.

If you feel more comfortable, we can break this up into smaller transactions.  I've done two sales so far and both very satisfied.

-----------------------------------------
Current rate: 25,000 XRP per 1 BTC.
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