Author

Topic: Buying XRP (Read 3101 times)

member
Activity: 350
Merit: 22
October 26, 2018, 03:48:56 PM
This thread same as the OP is inactive from ages...
Not sure why you guys wasting your time here...
sr. member
Activity: 432
Merit: 250
October 26, 2018, 03:05:00 PM
You should select second one, it's because more options to more chance get profits. Although your calculation was wrong and you don't get 0.5 BTC =30,000 XRP. Wrong calculation could happen lose your money.
full member
Activity: 266
Merit: 100
September 30, 2018, 05:17:23 AM
#99
I recommend, it would be better if you buy half of XRP. and half of the btc you hold will be better for you to hold.
full member
Activity: 784
Merit: 115
September 30, 2018, 01:04:16 AM
#98
Don't be too late to buy xrp if you are sure the price can increase and make sure you can buy at the lower price. I still wait for the ripple to increase higher and I wish that the price can break 10k satoshi again so I can try to make the profit like before. But maybe it will be difficult to rise higher because the market now still waiting for a good moment to increase.
member
Activity: 854
Merit: 10
September 28, 2018, 12:34:22 AM
#97
I missed the party, congratulations to the XPR holder and EXRP buyer.
I am a little surprised with those who know this signal, they should share tips to get an xrp type pump. maybe next ETH?

Nobody doesn't know which coin to be pumped but even we cannot able to buy all the coins which are pumping. So it always good for the people who hold their XRP till now, but people who bought the XRP at the 3$ value will hold their coins.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
September 28, 2018, 12:15:51 AM
#96
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC
XRP has managed in the last few days what most coins /at least/ of the top 50 have failed for a long time. Thanks to its extreme growth, XRP managed to take off from the second place Ethereum for a moment. The report of the planned start xRapid was the first impulse to the growth of XRP. Running xRapid could, however, be another boost to XRP. So i would recommend buying XRP in your case, but it's up to you. But i would do it so that you buy only for 0.5 btc and 0.5 btc to let in stock.

Wow,,, so there are people who actually believe that if price goes up in the extreme, then the coin is better than Bitcoin or other altcoins? Do you even realize this is called a pump? And right now we are seeing a dump? If you create billions of tokens, and most of them are locked up or being held by founders, like XRP, of course you will have second place with all the marketing.

You are totally kidding yourself if you think this makes it better than other coins.
legendary
Activity: 2674
Merit: 1048
September 27, 2018, 11:10:37 PM
#95
Why buy XRP??? You either save your bitcoins or invest in something that is NOT xrp
why did you suggest invest in bitcoin and other altcoin? Everyone has their own choice, whether it's choosing bitcoin, Ripple or another altcoin. The most important thing is they have a confidence that the investment will grow and get a big profit. Did you see the recent XRP growth? if then, you shouldn't isolate people who choose Ripple.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
September 27, 2018, 06:51:05 PM
#94
very happy to see the competition xrp and eth. xrp unexpectedly rose very significantly last week. eth had lost in coinmarketcap, I think xrp started to come down and form a new chart. it's time to buy back.
sr. member
Activity: 1491
Merit: 320
🐪
September 27, 2018, 03:50:08 PM
#93
There was news that Ripple is making partnership with one of top 10 banks in USA, and that caused price to rise.
https://ripple.com/insights/pnc-bank-embraces-blockchain-and-joins-ripplenet/

I'm not really sure if that price rise is permanent, but hope it will rise again, considering that I bought my Ripple for more then 1$, and now it is ~0.5$
member
Activity: 672
Merit: 22
September 27, 2018, 03:42:38 PM
#92
Ripple is a highly liquid asset. I would not be surprised if by the end of the year we take away the price of 10 dollars !!!
member
Activity: 233
Merit: 13
September 27, 2018, 01:37:13 PM
#91
Be aware that founder can start liquidate some own XRP... this is the case like happened with Litecoin.
Please be careful!
member
Activity: 238
Merit: 11
September 27, 2018, 12:42:49 PM
#90
wish if i have this chance
member
Activity: 133
Merit: 10
September 27, 2018, 10:30:03 AM
#89
XRP isn't a real cryptocurrency,  I would stay away from it, ripple is the coin that is backed from the bankers.  So its not even decentralized like how bitcoin is.
full member
Activity: 283
Merit: 100
September 27, 2018, 10:22:30 AM
#88
you could buy xrp because it price is increasing now but  you can invest half of bitcoin on xrp and rest of bitcoin you should hold, this is my suggestion,then your choice.
jr. member
Activity: 262
Merit: 2
September 27, 2018, 04:46:11 AM
#87
XRP experienced a fantastic hike a few days ago when my capital still had to hold on NANO, ADA and EOS coins. hopefully XRP still has great potential for the exchange so I can add it to my next portfolio
newbie
Activity: 22
Merit: 0
September 27, 2018, 04:26:16 AM
#86
Why buy XRP??? You either save your bitcoins or invest in something that is NOT xrp
full member
Activity: 1489
Merit: 150
September 26, 2018, 06:03:20 PM
#85
I missed the party, congratulations to the XPR holder and EXRP buyer.
I am a little surprised with those who know this signal, they should share tips to get an xrp type pump. maybe next ETH?
sr. member
Activity: 826
Merit: 263
September 26, 2018, 05:04:27 PM
#84
Ripple seems to be alive again today and begins to move the price up. I hope that we will lead again serious growth!
The ripple hype is not a proper way to  raise in the market. because it jumps to 25 percentage of postive result in a suddenly so it is increase the dought of future members. Last month it is totally affected in the market because 50 percentage of the value was drop in the market. So Ripple is highly risk platform but some peoples are says big whales are buying the number of Ripple in last week so it is reflected in the market. So current scenario we must stay away in this platform.
 
member
Activity: 336
Merit: 10
September 26, 2018, 01:21:26 PM
#83
Now Ripple leading on the market with 55% growth. Project turn situation better by one night with news about xRapid providing. I think the price will only grow because a lot of traders wants to get a sweet slice in the future.
ripple coin is ambiguous. when the positive news comes out, it is just a pump and comes back and does not give a steady growth. so when investing in this coin, you should always keep your finger on the button to be in time to sell
It's more like a competition to take over than to use the gadgets that XRP offers. Is it true that Xrapid and Okcoin made the price fluctuate more than 100% last week. I do not rate this as factual. Anyhow, XRP or BCH today brings a lot of confidence in investors. This may be the beginning of the market recovery.
jr. member
Activity: 268
Merit: 1
September 26, 2018, 12:03:20 PM
#82
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC
XRP has managed in the last few days what most coins /at least/ of the top 50 have failed for a long time. Thanks to its extreme growth, XRP managed to take off from the second place Ethereum for a moment. The report of the planned start xRapid was the first impulse to the growth of XRP. Running xRapid could, however, be another boost to XRP. So i would recommend buying XRP in your case, but it's up to you. But i would do it so that you buy only for 0.5 btc and 0.5 btc to let in stock.
member
Activity: 189
Merit: 13
Filter the wheat from the chaff.
September 26, 2018, 10:26:58 AM
#81
I feel the only people who should have XRP are banks who plan to use it for settlement.
newbie
Activity: 7
Merit: 0
September 26, 2018, 06:12:07 AM
#80
Don't buy XRP at all and save your BTC
jr. member
Activity: 84
Merit: 3
Alfa-Enzo: Introducing the First Global Smartmarke
September 26, 2018, 06:02:09 AM
#79
Now Ripple leading on the market with 55% growth. Project turn situation better by one night with news about xRapid providing. I think the price will only grow because a lot of traders wants to get a sweet slice in the future.
ripple coin is ambiguous. when the positive news comes out, it is just a pump and comes back and does not give a steady growth. so when investing in this coin, you should always keep your finger on the button to be in time to sell
member
Activity: 462
Merit: 20
September 26, 2018, 03:49:50 AM
#78
Ripple seems to be alive again today and begins to move the price up. I hope that we will lead again serious growth!
full member
Activity: 1022
Merit: 152
September 25, 2018, 08:21:49 PM
#77
It is surprising that XRP is able to survive and remain stable at a price range of $ 0.5 in exchange even though it still looks green when the other coin is dominated by red, but whether this will continue to survive and the rise or not we cannot be sure.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
September 25, 2018, 06:35:56 PM
#76
after peak and xrp it is very surprising to be able to beat eth in coinmarketcap. currently just waiting at the base and doing a new plan to buy back.
risk for you and determine the next strategy.
jr. member
Activity: 95
Merit: 4
September 25, 2018, 10:27:34 AM
#75
I wouldn't buy xrp because it is a very centralized coin that is backed by the bankers.  I would only stick to decentralized coins that are actual cryptocurrencies.
jr. member
Activity: 236
Merit: 1
September 25, 2018, 10:09:02 AM
#74
I think the owner had a sale. Dump is inevitable. Xrp is always a dangerous currency. Currency paragraph and a very dangerous situation
jr. member
Activity: 275
Merit: 1
https://customcontract.network
September 25, 2018, 09:52:03 AM
#73
Ripple has very good fundamentals and technicalities these past few days and this proved to have changed the ETH position to number 2 in coinmarketcap. My 25% portfolio is ripple and I won big yesterday
sr. member
Activity: 784
Merit: 272
September 24, 2018, 03:51:58 AM
#72
If the markets fall, the XRP may fall harder. It doesn't make sense to take it right now. We need to wait for it to fall.
full member
Activity: 310
Merit: 100
September 24, 2018, 03:30:17 AM
#71
Both XRP and BTC are able to buy and hold long term, XRP has had a breakthrough in recent days and BTC is also growing again. That is a good signal to start releasing for the end of this year.
full member
Activity: 294
Merit: 100
September 24, 2018, 03:05:18 AM
#70
A few days ago the price was up 60%, I think it will continue to rise in the next few days. If XRP want to compete for position 2 with ETH, it will have a greater pump.
member
Activity: 434
Merit: 10
September 24, 2018, 02:30:58 AM
#69
Just a moment to rise in price, this time the price dropped dramatically, it's the best moment to buy again,
full member
Activity: 720
Merit: 103
September 23, 2018, 12:05:53 PM
#68
Now this issue is very urgent. If you had done it a few days ago, now you would have already made a profit of 60%. In any case, it can be done now, I think Ripple will soon prove himself only with the best side.
jr. member
Activity: 66
Merit: 1
September 22, 2018, 01:33:34 PM
#67
Hard not to chase the bull on this one. But its just as easy to get wrecked. As other posters said, at least it brought some life into the markets and there is a bright spot Cheesy
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 22, 2018, 01:12:07 PM
#66
Now Ripple leading on the market with 55% growth. Project turn situation better by one night with news about xRapid providing. I think the price will only grow because a lot of traders wants to get a sweet slice in the future.

In last couple of days market has being turning better for the XRP. We have seen almost more than 100% returns in the this coin in a weeks times. This would bring some respite for the owners of the coin who had being waiting for this days to come.

For those who bought on the dip then they might able to rip off nearly 100% profits but for those who bought on $3-$2 price are still wrecked up.

XRP is growing very impressive. But I personally still prioritize the decentralization and does not take the opposite trend. Anyway, xrp also brought freshness to the market and it also surpassed ETH in a few hours Smiley
Increasing prices would always be impressive but i do agree on what you said which i dont really have any interest into things which are centralized.
member
Activity: 700
Merit: 14
September 22, 2018, 01:03:04 PM
#65
XRP is growing very impressive. But I personally still prioritize the decentralization and does not take the opposite trend. Anyway, xrp also brought freshness to the market and it also surpassed ETH in a few hours Smiley
full member
Activity: 812
Merit: 142
September 22, 2018, 12:22:41 PM
#64
Now Ripple leading on the market with 55% growth. Project turn situation better by one night with news about xRapid providing. I think the price will only grow because a lot of traders wants to get a sweet slice in the future.

In last couple of days market has being turning better for the XRP. We have seen almost more than 100% returns in the this coin in a weeks times. This would bring some respite for the owners of the coin who had being waiting for this days to come.
full member
Activity: 476
Merit: 100
September 22, 2018, 12:17:40 PM
#63
Now Ripple leading on the market with 55% growth. Project turn situation better by one night with news about xRapid providing. I think the price will only grow because a lot of traders wants to get a sweet slice in the future.
copper member
Activity: 238
Merit: 1
September 19, 2018, 07:51:52 PM
#62
nice to look back at things your 60k xrp is 3x the worth of bitcoin and probably more last January
member
Activity: 128
Merit: 10
September 19, 2018, 06:22:44 PM
#61
XRP is attractive in terms of investment.
However, as you can see from this price rise, there is no momentum like the previous price even if there is a big movement.

It will be good as a short-term investment. However, we are learning the dangers of keeping it.
full member
Activity: 640
Merit: 100
September 19, 2018, 03:01:02 PM
#60
I would not recommend doing that. There are a lot of other coins, more promising than XRP. And also never invest in one altcoin all your money.
legendary
Activity: 1372
Merit: 1005
August 22, 2018, 02:16:37 PM
#59
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC

why? you cant sell on exchange? what is problem about sell on exchange?

I didn't calculate the value equals with the bitcoin. May be worth of xrp might be fall down already hence he may looking to sell for his profit here on this forum by selling to other.
Apart from that there is another chance for it.

May he is the scammer who is looking to steal your bitcoin without escrow deals the payment.
jr. member
Activity: 164
Merit: 2
THE BEST IN CRYPTO
August 22, 2018, 01:25:30 PM
#58
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC

why? you cant sell on exchange? what is problem about sell on exchange?
member
Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
August 22, 2018, 09:27:31 AM
#57
A wise decision is to buy all your money into bitcoin rather than wasting your time on ripple as this will takes time before you will get your profits. If you want to diversify then buy ETH, EOS.
newbie
Activity: 44
Merit: 0
August 22, 2018, 05:02:42 AM
#56
Diversified investment is a very good choice. If you choose, then I think 0.5BTC and 30,000XRP are better, because it can effectively reduce my investment risk!
hero member
Activity: 2324
Merit: 513
Catalog Websites
August 21, 2018, 03:35:22 PM
#55
Why you keep on bumping this thread?
It has been posted on year 2013 and its about buying, this is not a discussion about XRP.
People must start reading whats' the thread is all about before posting.
full member
Activity: 868
Merit: 116
August 21, 2018, 02:35:16 PM
#54
In general, maybe this is an unique period in order to buy a large amount of Ripple because their price in a big drop ( less than 0.34 usd )  as most of cryptocurrencies. In addition to that, Ripple has many advantages and their best important characteristic is the huge value of market cap, and due to this currency created by the big banks , so I am pretty sure that in a long term there will be a good development in this cyrpto and why not after 1 year their price will rise to more than 100 usd, everything is possible in the era of cryptocurrency.   
newbie
Activity: 156
Merit: 0
August 21, 2018, 07:45:06 AM
#53
I think this is the right time to purchase xrp. The poor form of market now have make investors to go into trading why dumpers believe the market will keep depreciating.
newbie
Activity: 41
Merit: 0
August 21, 2018, 03:03:05 AM
#52
I very much trust XRP. XRP will be the best coin this year
hero member
Activity: 882
Merit: 518
August 20, 2018, 05:29:18 PM
#51
I have already told a hundred times to different traders and investors - do not exchange your bitcoins for other alts and shitcoins. This is foolish and in the future you will regret that you did it.

What is your real reasons for saying this ? For example ETH and EOS have a great perspectives and even today`s falling is not an indicator for not buying them. New blockchain in the end will show Who is the leader...
member
Activity: 322
Merit: 23
August 20, 2018, 04:57:00 PM
#50
Is the fact that Ripple is designed to increase global liquidity of money by allowing transfers around the world to take place at record speeds and for very little in terms of fees. Ripple is just one piece of a rapidly growing cryptocurrency ecosphere. You can then purchase XRP on Bitstamp by selecting the correct market for your currency and completing an order in the main account.

member
Activity: 518
Merit: 11
August 20, 2018, 10:02:16 AM
#49
I bought xrp when it cost $ 2. And now $ 0.34 price. Fortunately for me when I only bought with little money, I did not expect the price of ri fell so sharply

You bought almost at the highest price.It was the General price peak of the market, then it was necessary to sell and wait for an entry point into the market. Now I recommend you just keep your coins and do not sell you will not make a profit.
newbie
Activity: 28
Merit: 0
August 20, 2018, 03:36:42 AM
#48
I bought xrp when it cost $ 2. And now $ 0.34 price. Fortunately for me when I only bought with little money, I did not expect the price of ri fell so sharply
copper member
Activity: 61
Merit: 0
August 20, 2018, 02:58:15 AM
#47
XRP will eventually appreciate its value towards the end of this year. Just hold it.
full member
Activity: 532
Merit: 100
August 20, 2018, 01:36:21 AM
#46
Yes, it`s true. Because of centralizing this coin won`t be successful in the future. I don`t believe in Ripple, it`s hard to predict because of opportunity to manipulate.
jr. member
Activity: 378
Merit: 4
July 29, 2018, 09:02:05 AM
#45
I bought some ripple in December last year. Now it is dying. I am kicking myself. I was deceived by its ranking. It is just a centralized coin. Although many banks use the RIP protocol. But they won't affect the xrp price
full member
Activity: 331
Merit: 100
July 27, 2018, 09:59:46 AM
#44
Dont waste of time I think it’s better to buy xrp half and you also have bitcoin 0.5.
member
Activity: 368
Merit: 10
July 26, 2018, 08:22:33 AM
#43
The Ripple team has a lot of big investors. I think he should more than once go up and down, giving the opportunity to make money on it.
jr. member
Activity: 224
Merit: 2
July 26, 2018, 08:10:53 AM
#42
ripple has swallowed up a lot of money for me. If I can go back to January 4 this year. I definitely won't buy ripple . I lost 80% of my funds, until now. I hope it will recover to 3 dollars as soon as possible.
newbie
Activity: 81
Merit: 0
July 26, 2018, 07:38:17 AM
#41
I think buying 30,000 XRP with 0.5 BTC is appropriate because you can keep 0.5BTC as a long-lasting coin, and I think BTC is more valuable!
member
Activity: 471
Merit: 10
July 25, 2018, 06:27:03 AM
#40
I think it depends on you if you want all in to XRP then you should be able to apply long-term trading because XRP price increase is very long and you better buy some of it after that you share it to buy other coin.
sr. member
Activity: 840
Merit: 300
July 19, 2018, 06:16:24 PM
#39
now everything is in the market. so you will definitely earn money from it, but when it is not known. When the bull market arrives, the XRP will already multiply itself.
newbie
Activity: 182
Merit: 0
July 25, 2018, 05:20:40 AM
#39
I have already told a hundred times to different traders and investors - do not exchange your bitcoins for other alts and shitcoins. This is foolish and in the future you will regret that you did it.

Specially when bitcoin is bullish and people are in fomo for only btc , we are facing same thing right now . mostly people dumping alts for btc as people are expecting ETF . alts may dump more .
However i will not suggest anyone to completely avoid all the alts because alts need just momentum to give you highest return because of less marketcap . but never ever invest in shit alts .
full member
Activity: 714
Merit: 108
July 25, 2018, 04:15:23 AM
#38
I have already told a hundred times to different traders and investors - do not exchange your bitcoins for other alts and shitcoins. This is foolish and in the future you will regret that you did it.
newbie
Activity: 157
Merit: 0
July 19, 2018, 01:59:57 PM
#37
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC
Ripple price is now $0.48 that means you can buy 15,480 XRP for 1 BTC. But i suggest not to buy that much altcoin at the moment.
newbie
Activity: 154
Merit: 0
July 19, 2018, 09:07:53 AM
#36
I like everything in this coin, except that it is not decentralized! I think that it's dangerous to invest big money in non-decentralized coins, as such investment looks like as a casino! IMHO
newbie
Activity: 92
Merit: 0
July 19, 2018, 07:36:40 AM
#35
I think you should buy it with 0.5 BTC and use the remaining to buy another coin, don't put all eggs in one basket!
member
Activity: 294
Merit: 10
Borderless for People, Frictionless for Banks
July 18, 2018, 07:52:38 PM
#34
I would never buy XRP. I know a lot of people who lost so much money with XRP. I just don't believe it. It is just a waste of time and money on this project.
full member
Activity: 280
Merit: 100
July 18, 2018, 04:46:57 PM
#33
Compared to the time you created the article in 2013, the current XRP is very potential crypto, XRP now is top 3 cryptos. And if this time if you read my reply and still want to invest in XRP then I suggest you invest 0.5 BTC because experience shows that do not put all your eggs in one basket. I recommend investing 0.5 BTC in XRP and 0.5 BTC in ETH.
sr. member
Activity: 432
Merit: 250
July 18, 2018, 01:09:38 PM
#32
You should select second one, it's because more options to more chance get profits. Although your calculation was wrong and you don't get 0.5 BTC =30,000 XRP.
jr. member
Activity: 1106
Merit: 1
July 18, 2018, 04:27:10 PM
#32
You can buy XRP in crypto market. Now price is very low if you want to buy this coin after few days or few month you can get  more money from this coin. I have also buy some XRP hold in this year if the crypto market will grow then i will sell.
full member
Activity: 756
Merit: 100
July 18, 2018, 12:45:14 PM
#31
Time is changed, so can hold your BTC if you still have or buy other Coin, now there are lot of good coin, you should visit coinmarketcap. Don't buy XRP
full member
Activity: 350
Merit: 100
July 18, 2018, 02:54:58 PM
#31
Ripple is the evolution of a concept that pre-dates bitcoin, and has arisen in part due to the hard work of some of the earliest bitcoiners. It is very reliable coin
newbie
Activity: 99
Merit: 0
July 18, 2018, 11:48:19 AM
#30
I don't think xrp is the best buy. There are many other good coins. But I also bought but not a lot of 100 coins. But if you want to buy, then buy in the amount of 0.5 bitcoin.
full member
Activity: 714
Merit: 108
July 18, 2018, 10:04:31 AM
#29
Spend half the bitcoin on this coin. I think that the other half of bitcoin will benefit you more than ripple) The market does not let it growth at all  Grin
full member
Activity: 304
Merit: 100
July 04, 2018, 01:20:09 PM
#28
I consider the system is that XRP disposition allay rise in valuation, they are emotional in a track fashion so its apt proudness disposition yet outpace attempt and the signal disposition rise
full member
Activity: 406
Merit: 100
April 09, 2018, 04:03:28 AM
#27
It's better not to buy Ripple at all. Unpromising currency. For all of its existence, such a small price
jr. member
Activity: 168
Merit: 1
April 09, 2018, 03:10:11 AM
#26
results for the s with a capital that is not how I chose the ripple. This coin is a small but very nice for the future especially endorsed by the increasingly advanced technology.
newbie
Activity: 55
Merit: 0
April 09, 2018, 12:56:33 AM
#25
At a moment XRP 50 cents looks good deal i would sell it on its own previous high 2.5$ 5 times profits i got over 23k! Cool
hero member
Activity: 966
Merit: 546
April 08, 2018, 07:57:00 PM
#24
XRP? lol ,
This post is from 2013 so I would suggest you look at the relevancy of threads before commenting on them. This grave digs an old and irrelevant post and makes you look like a spammer or a total noob.

If somebody is reading this, please don't continue to post on this dead thread.
newbie
Activity: 56
Merit: 0
April 08, 2018, 07:52:13 PM
#23
XRP? lol ,
hero member
Activity: 518
Merit: 500
April 15, 2013, 01:35:48 PM
#22

I don't see it that way. If you own any significant amount XRP today, and Ripple is truly successful, you will make big money. This is how it shakes out no matter how you look at the numbers.


Not necessarily...not when they dump 50 billion xrp onto the market.  It could be successful as a currency but not as an investment or speculative vehicle.

There are 11 million bitcoins and something like 100 billion xrp..do the math.

Also look at the current order book in ripple.com.  There is about 4x the amount of sellers as buyers on the first page of the order book at reasonable prices... $13,000 vs $3500.

Anyway I'm paying about 25% more for XRP: https://bitcointalksearch.org/topic/m.1837784

full member
Activity: 145
Merit: 100
April 15, 2013, 01:18:50 PM
#21
why waste good money, if they still need to release billions of XRP?

I think the logic is that XRP will still rise in value, they are releasing in a linear fashion so its likely demand will eventually outpace supply and the price will rise, also if they gave all the XRP away it will even out at 14 XRP per person in the whole world, so the free stash they gave us makes us feel a little richer and gives XRP value.

I personally think XRP is a stealth currency designed to compete with Bitcoin and create billions in wealth for the founders and venture capitalists that invested in Opencoin. But my opinions about these things are always overly dramatic. Smiley

I tought this before but its not very realistic... using this scheme, having all the 21 million bitcoins , divided into the world people, each person would have only 0.0035 bitcoins, today there are only 11 million , 0.0015 per person, so using your scheme each bitcoin would cost a million dollars...
sr. member
Activity: 406
Merit: 250
April 15, 2013, 12:55:14 PM
#20
Speaking of dumping money, arent most of these cryptocurrencies just exacerbating the exact things they were set out to destroy?
Some of the newer ideas out there go against the ethos of bitcoin. Ripple is the evolution of a concept that pre-dates bitcoin, and has arisen in part due to the hard work of some of the earliest bitcoiners. They're not acting against the bitcoin philosophy imho.
newbie
Activity: 42
Merit: 0
April 15, 2013, 12:27:29 PM
#19
Many of the people looking to "get in" on ripple saw what happened to early adopters of bitcoins, and they think they are going to get rich from buying a bunch of XRPs early on, but Im not so sure this will happen. With the huge float and the centralization of the currency, once the supply gets low, they sell some of their own XRPs, make a killing and realease more right after, lowering the price. Rinse and repeat, and guess who gets rich....it wont be you.


What scares me is that Ripple being successful depends on so many factors. Are they really seeing all of the angles? Ripple probably has an Achilles Heel at this point.

   

Agree, its a gamble for sure, if you are willing to dump significant money on this you have some balls.

Speaking of dumping money, arent most of these cryptocurrencies just exacerbating the exact things they were set out to destroy?
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 12:22:03 PM
#18
Many of the people looking to "get in" on ripple saw what happened to early adopters of bitcoins, and they think they are going to get rich from buying a bunch of XRPs early on, but Im not so sure this will happen. With the huge float and the centralization of the currency, once the supply gets low, they sell some of their own XRPs, make a killing and realease more right after, lowering the price. Rinse and repeat, and guess who gets rich....it wont be you.
I don't see it that way. If you own any significant amount XRP today, and Ripple is truly successful, you will make big money. This is how it shakes out no matter how you look at the numbers.

What scares me is that Ripple being successful depends on so many factors. Are they really seeing all of the angles? Ripple probably has an Achilles Heel at this point.

   

Next time one of the core team members is here, ask them if they have exchanged a little of their own XRP for Bitcoin. That will give you an idea if I am right or not about it being a scam.
sr. member
Activity: 406
Merit: 250
April 15, 2013, 12:17:06 PM
#17
Many of the people looking to "get in" on ripple saw what happened to early adopters of bitcoins, and they think they are going to get rich from buying a bunch of XRPs early on, but Im not so sure this will happen. With the huge float and the centralization of the currency, once the supply gets low, they sell some of their own XRPs, make a killing and realease more right after, lowering the price. Rinse and repeat, and guess who gets rich....it wont be you.
I don't see it that way. If you own any significant amount XRP today, and Ripple is truly successful, you will make big money. This is how it shakes out no matter how you look at the numbers.

What scares me is that Ripple being successful depends on so many factors. Are they really seeing all of the angles? Ripple probably has an Achilles Heel at this point.

   
newbie
Activity: 42
Merit: 0
April 15, 2013, 12:08:15 PM
#16
why waste good money, if they still need to release billions of XRP?

re: Ripple marketing... when you think about the scope of this thing, they really haven't done much yet.


Ripple reminds me of 80s babys and baseball cards. In the 1980s the old timers that held on to their old baseball cards from the 50s and 60s were able to sell them for a lot of money. The gen Y kids of the 80s saw this and held onto all of their baseball cards from the late 80s and early 90s....since so many of them held onto their cards, by the time they were grown, the cards were basically worthless.

Many of the people looking to "get in" on ripple saw what happened to early adopters of bitcoins, and they think they are going to get rich from buying a bunch of XRPs early on, but Im not so sure this will happen. With the huge float and the centralization of the currency, once the supply gets low, they sell some of their own XRPs, make a killing and release more right after, lowering the price. Rinse and repeat, and guess who gets rich....it wont be you.
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 12:06:10 PM
#15
re: Ripple marketing... when you think about the scope of this thing, they really haven't done much yet.

That's whats so impressive, most closed source networks run by a company that must turn a profit wouldn't normally have so many people dedicated to its cause. They have a few people that post idealist features of the Ripple network on the forum every now and suddenly everyone is talking about Ripple, not many people screaming scamcoin! The people that respond to the Ripple doubters that are from the core team talk well and say just the right thing.

I am surprised its gained so much traction without actually delivering much, so far we have a closed premined coin network without any decentralized nodes. I'm probably wrong and am missing something, the whole thing screams scam to me but I may be wrong. I really wish they would let this thing out and get it going.

One thing I think they should do is admit if they have sold any Ripples for Bitcoin yet. All the founders should admit if they have sold for Bitcoin. I heard that 1 developer alone was granted a billion XRP with a current market value of 16,000 Bitcoins.

If Opencoin or none of the core team have sold for Bitcoin then I would have more faith in the future of Ripple.
sr. member
Activity: 406
Merit: 250
April 15, 2013, 11:55:16 AM
#14
why waste good money, if they still need to release billions of XRP?
With the price what it is today, I agree. It's increased very quickly, and seems to have passed an equilibrium point at around 50k XRP per BTC imo.

I think there's a chance buyers will lose money in the short term buying at 20k XRP per 1 BTC today. Of course, it all depends on the price of BTC.

I have no idea what BTC and XRP prices will be in 6 months, but I'll bet they're both significantly higher against the dollar. FTR I don't think XRP's value is completely tied to the value of BTC anymore.

I think it's almost time for OpenCoin to release ~2% of ALL XRP, along with some official statements.

re: Ripple marketing... when you think about the scope of this thing, they really haven't done much yet.
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 11:31:01 AM
#13
why waste good money, if they still need to release billions of XRP?

I think the logic is that XRP will still rise in value, they are releasing in a linear fashion so its likely demand will eventually outpace supply and the price will rise, also if they gave all the XRP away it will even out at 14 XRP per person in the whole world, so the free stash they gave us makes us feel a little richer and gives XRP value.

I personally think XRP is a stealth currency designed to compete with Bitcoin and create billions in wealth for the founders and venture capitalists that invested in Opencoin. But my opinions about these things are always overly dramatic. Smiley
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 11:26:04 AM
#12
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.


Dude, Ripple was in development before Satoshi ever even released his source or whitepaper.


That's not the point, please tell me where I can download the client and contribute to the decentralized ripple network.

Also, the current ripple is different from the ripple that existed before Satoshi, research it. The old ripple system devised before Bitcoin did not have XRP, it did not have its own native currency units. And also Bitcoin was created and used and verified in the time its taken ripple to devise a closed source web service that primarily is used for people to buy more XRP with Bitcoin.

I hear you. But if you buy into Ripple, then you know it's early. There's plenty of time for them to make good on their claims before I'll lose any faith in their integrity and the soundness of their strategies. Ripple is just way more complicated of an idea than Bitcoin to implement.

Fair enough, I have my 50,000 XRP from the give away still sitting around, However I would rather they sit on my computer instead Smiley Also for the ripple system to be decentralized our computers should be able to donate resources towards the network (moving the transactions and information around, etc...) For Ripple to live up to its claims its needs to be 100% decentralized with OpenCoin having no effect on the network itself.

I just post in these threads sometimes so people know that XRP is all premine and the founders hold billions of them, some people looking to buy XRP for a lot of BTC might have a second thought about doing so. Ripple may one day be something grand, but at the moment its still like eCash, all under control of a single company that has taken venture capital, at odds with Satoshi's vision for Bitcoin.

newbie
Activity: 42
Merit: 0
April 15, 2013, 11:22:58 AM
#11
why waste good money, if they still need to release billions of XRP?
sr. member
Activity: 406
Merit: 250
April 15, 2013, 11:19:59 AM
#10
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.


Dude, Ripple was in development before Satoshi ever even released his source or whitepaper.


That's not the point, please tell me where I can download the client and contribute to the decentralized ripple network.

Also, the current ripple is different from the ripple that existed before Satoshi, research it. The old ripple system devised before Bitcoin did not have XRP, it did not have its own native currency units. And also Bitcoin was created and used and verified in the time its taken ripple to devise a closed source web service that primarily is used for people to buy more XRP with Bitcoin.

I hear you. But if you buy into Ripple, then you know it's early. There's plenty of time for them to make good on their claims before I'll lose any faith in their integrity and the soundness of their strategies. Ripple is just way more complicated of an idea than Bitcoin to implement.
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 11:11:12 AM
#9
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.


Dude, Ripple was in development before Satoshi ever even released his source or whitepaper.


That's not the point, please tell me where I can download the client and contribute to the decentralized ripple network.

Also, the current ripple is different from the ripple that existed before Satoshi, research it. The old ripple system devised before Bitcoin did not have XRP, it did not have its own native currency units. And also Bitcoin was created and used and verified in the time its taken ripple to devise a closed source web service that primarily is used for people to buy more XRP with Bitcoin.
sr. member
Activity: 406
Merit: 250
April 15, 2013, 11:02:18 AM
#8
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.


Dude, Ripple was in development before Satoshi ever even released his source or whitepaper.
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 10:58:56 AM
#7
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.

In a blink of an eye they are now worth about $160,000,000.

If the system was open and working then fair enough, but look at it! At the moment there is no client, how do I get my XRP onto a local wallet? The entire system is still centralized to the one company and one server.

They have been down a few times and I could not log in or use the currency.

They really need to start letting this thing become decentralized. Its in their best interest as all the founders have printed over a hundred million dollars, and I'm sure this rate will rise. If there was a open network and open client I would understand, but at the moment all I see is a closed source web service that lets people exchange Bitcoin for their premined currency of which they hold a hundred billion of.

Good marketing though. Smiley
sr. member
Activity: 406
Merit: 250
April 15, 2013, 10:54:15 AM
#6
People are getting ripped off on XRP....

people are selling 1 BTC for 20k on here; you can get almost 50k for 1 btc if you use the ripple wallet exchange...

Not anymore. 25k is the lowest bid.
sr. member
Activity: 392
Merit: 250
April 15, 2013, 10:48:53 AM
#5
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC

Before you buy XRP, remember at the price of 60,000 XRP to 1 BTC the value of the premined XRP stands at 1,666,666 Bitcoins.

At this rate the creators of ripple have created over a million Bitcoins worth of value. That puts in perspective how little 60,000 XRP is.

People dealing in XRP should know 100 Billion exist with the vast majority in the hands of a small amount of people.

Which is consistent, because there is much more than 1 million of btc in the world.
legendary
Activity: 1176
Merit: 1015
April 15, 2013, 10:46:58 AM
#4
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC

Before you buy XRP, remember at the price of 60,000 XRP to 1 BTC the value of the premined XRP stands at 1,666,666 Bitcoins.

At this rate the creators of ripple have created over a million Bitcoins worth of value. That puts in perspective how little 60,000 XRP is.

People dealing in XRP should know 100 Billion exist with the vast majority in the hands of a small amount of people.
member
Activity: 106
Merit: 10
April 15, 2013, 10:35:37 AM
#3
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC

I give you 499 XRP for one BTC. Special price. PM me.
newbie
Activity: 42
Merit: 0
April 15, 2013, 10:27:23 AM
#2
People are getting ripped off on XRP....

people are selling 1 BTC for 20k on here; you can get almost 50k for 1 btc if you use the ripple wallet exchange...
jr. member
Activity: 31
Merit: 1
April 15, 2013, 10:26:21 AM
#1
Buying 60,000 XRP for 1 BTC or 30,000 for 0.5 BTC
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