CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 206.

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: niothor on December 28, 2013, 03:23:13 AM

Quote from: X68N on December 28, 2013, 02:54:41 AM

Quote from: hypostatization on December 28, 2013, 02:48:44 AM

How is it in any way distorted if that is the price people are willing to pay? Ripple has performed well, even prior to being re-listed. Check the charts.

Ok i will tell you.

CoinMarketCap.com is/was seen as a Benchmark which cryptocoin
gain in popularity (measured by mined coins * last price)

Now Ripple,Nxt,MasterCoin are added to the list which work like the direct opposite of Bitcoin .
They are centralised and "minted" = not mined.

So comparing a digital Currency which is minted vs. one which need time to be mined is
like cheating in a benchmark comparison, because the measurement is distorted.
Its like comparing the IQ of a kid with an developped adult.
(coin amount needs growing time vs. all coins aviable).
It is just biased.

The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

greetings

The same way some coins like Quark or other coins cheated Bitcoin by mining almost all of their coin supply in 1 year while Bitcoin will take another 130.

Quark did avoid that whole problem that BTC has where; no one can mine it effectively

and lets say ASICS drop by 70% in price - Diff will just go up ? its a bit of a catch 22 ?

X68N

hero member

Activity: 672

Merit: 500

Quote from: hypostatization on December 28, 2013, 04:19:28 AM

Quote from: X68N on December 28, 2013, 03:34:10 AM

Like i said copying the Federal Reserve is not an art.
But sadly a lot of people are submissive believers of the authorities.(because of diffuse fear)
So that is no wonder that people fall into XRP,NXT,MST beacause of their educated pavlovian conditioning in their childhood.

Bitcoins has the goal to give the people back the power over their money which the central banks stealed in the last century.
XRP,NXT,MST try to fight against it with a digital copy of the censtralistic money system.

Are you aware that Ripple is designed for external currencies?

It is designed to support decentralized payment and exchange using any currency. Alt Coins and Bitcoin can be used within the system. DividendRippler is a gateway supporting exactly that:

https://dividendrippler.com/

Ripple itself is designed to operate as a decentralized system. A lot of misunderstanding exists. It takes a radically different approach.

Here is a useful discussion covering lower level details:

https://news.ycombinator.com/item?id=6867324

Bitcoin is great, as are many alts. I do not think any single currency or system will win---I hope not. Competing currencies, exchanges, and payment systems will be a great thing.

Ripple is designed to complement other currencies, and support decentralization.

I dont agree with you, but would like to say your answer is good.
I dont support centralised currencies, but supporters of each side should argue and try to avoid personal attacks
(like calling others "puppets", asshole and so on).
Even i would call some coins a scam, i switched to a more neutral vocabular

to stay by the facts.
Only like this we could look forward.

dewdeded

legendary

Activity: 1232

Merit: 1011

Monero Evangelist

Quote from: YoyodyneSystems on December 28, 2013, 04:54:59 AM

Scam? Scam? Define.

https://bitcointalksearch.org/topic/scam-this-scam-that-scam-you-scam-me-scam-everybody-387782

Just trying to be funny wont help your scamming activities.
You are already exposed as scamming shill.

ex | machina

newbie

Activity: 32

Merit: 0

Opinions are like assholes, everyone's got one! Seriously STFU regarding XRP,NXT & MST you're derailing the thread. If you don't like to see them, don't use the site or take it to another thread. Alternatively create your own site where you can put on your propeller hat and share your dumb-ass opinions with like minded dumb-asses.

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

Scam? Scam? Define.

https://bitcointalksearch.org/topic/scam-this-scam-that-scam-you-scam-me-scam-everybody-387782

ethought

legendary

Activity: 1316

Merit: 1000

Remove Ripple please!!!! Angry

BitCoinPins

member

Activity: 78

Merit: 10

Bitcoinpins.com

Quote from: maryvale on December 28, 2013, 03:24:51 AM

why Earthcoin is not there in the list? I thought it pretty big.

+1

visaco

sr. member

Activity: 359

Merit: 250

no one want....ripple to be listed plz remove it
its a complete scam

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

I just have to say this. There is nothing at all stopping anyone from making up ANY kind of coin in any way they choose.
Using as the coin's code anything they please. Bitcoin... litecoin... something-never-before-seen-coin.
All that matters is if people BUY it. They don't have to even USE it. They just have to BUY it.

Bitcoin could be one of dozens of coins that people buy. It may be the only one. It could be gone.
All of these coins could be bought. They could ALL be gone and everyone will buy JPMorganCOIN.
All that matters is what the PEOPLE BUY.

If people buy it AND use it. Great! But for now all that matters is the buying.

That is what the future holds. It will play out. And we will be watching.
I personally will be watching them all. If you are not watching them ALL YOU WILL LOSE.

DieJohnny

legendary

Activity: 1639

Merit: 1006

I tried for an hour to buy ripple somewhere that didn't require a huge leap of faith on my part. A total joke.

Two of the links Ripple labs provides for exchanges don't even work. The one bid i tried to make wouldn't allow me to set my ask price, I had to sell at market and my price was going to be a 25% mark up on current prices, with a $200 trade fee.

These guys that are running Ripple sure are embarrassing themselves, or more likely this reinforces my belief that Ripple has nothing to do with average Joe's like me moving away from fiat. They have a different agenda.

1. have exchanges that actually work and convey trust
2. have a marketing message that somebody can understand. Ripple is the cure for too many things that I don't care about.

How is Ripple worth anything if it so hard to trade.... I don't get it. I convinced myself to stay way from Ripple and NXT for the time being.

hypostatization

sr. member

Activity: 350

Merit: 250

Quote from: X68N on December 28, 2013, 03:34:10 AM

Like i said copying the Federal Reserve is not an art.
But sadly a lot of people are submissive believers of the authorities.(because of diffuse fear)
So that is no wonder that people fall into XRP,NXT,MST beacause of their educated pavlovian conditioning in their childhood.

Bitcoins has the goal to give the people back the power over their money which the central banks stealed in the last century.
XRP,NXT,MST try to fight against it with a digital copy of the censtralistic money system.

Are you aware that Ripple is designed for external currencies?

It is designed to support decentralized payment and exchange using any currency. Alt Coins and Bitcoin can be used within the system. DividendRippler is a gateway supporting exactly that:

https://dividendrippler.com/

Ripple itself is designed to operate as a decentralized system. A lot of misunderstanding exists. It takes a radically different approach.

Here is a useful discussion covering lower level details:

https://news.ycombinator.com/item?id=6867324

Bitcoin is great, as are many alts. I do not think any single currency or system will win---I hope not. Competing currencies, exchanges, and payment systems will be a great thing.

Ripple is designed to complement other currencies, and support decentralization.

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: HostFat on December 28, 2013, 03:19:02 AM

XRPs can't be created out of the thin air, they are limited as Bitcoins.
So they aren't the same as fiat currencies as euro/dollars.

It's just like if Bitcoin were owned by a minority of people, ... ouch!

So the day that all Bitcoins were be mined, all other people that don't own them will call it a scam

Who says XRP cannot be created out of thin air, they were created by fiat to begin with, there is a central entity Ripple Labs that created them and keeps some for their own purposes. You are a bit naive to put this on par with the Bitcoins limits.

Can Bitcoins ever expand its limits, yes, but it would require global decentralized adoption, very different than what Ripple may or may not do in the future.

ElDido

newbie

Activity: 48

Merit: 0

Quote from: HostFat on December 28, 2013, 03:19:02 AM

XRPs can't be created out of the thin air, they are limited as Bitcoins.
So they aren't the same as fiat currencies as euro/dollars.

It's just like if Bitcoin were owned by a minority of people, ... ouch!

So the day that all Bitcoins were be mined, all other people that don't own them will call it a scam

A lot of people already call Bitcoin a scam...

X68N

hero member

Activity: 672

Merit: 500

Quote from: niothor on December 28, 2013, 03:23:13 AM

The same way some coins like Quark or other coins cheated Bitcoin by mining almost all of their coin supply in 1 year while Bitcoin will take another 130.

I think you cant compare 1 Year mining (31,536,000 seconds ) vs 1 sec minting.
Also on the coins after Bitcoin there is always a good value spread over humanity.
And last but not least Quark is not centralised.

Like i said copying the Federal Reserve is not an art.
But sadly a lot of people are submissive believers of the authorities.(because of diffuse fear)
So that is no wonder that people fall into XRP,NXT,MST beacause of their educated pavlovian conditioning in their childhood.

Bitcoins has the goal to give the people back the power over their money which the central banks stealed in the last century.
XRP,NXT,MST try to fight against it with a digital copy of the censtralistic money system.

maryvale

sr. member

Activity: 254

Merit: 250

why Earthcoin is not there in the list? I thought it pretty big.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: X68N on December 28, 2013, 02:54:41 AM

Quote from: hypostatization on December 28, 2013, 02:48:44 AM

How is it in any way distorted if that is the price people are willing to pay? Ripple has performed well, even prior to being re-listed. Check the charts.

Ok i will tell you.

CoinMarketCap.com is/was seen as a Benchmark which cryptocoin
gain in popularity (measured by mined coins * last price)

Now Ripple,Nxt,MasterCoin are added to the list which work like the direct opposite of Bitcoin .
They are centralised and "minted" = not mined.

So comparing a digital Currency which is minted vs. one which need time to be mined is
like cheating in a benchmark comparison, because the measurement is distorted.
Its like comparing the IQ of a kid with an developped adult.
(coin amount needs growing time vs. all coins aviable).
It is just biased.

The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

greetings

The same way some coins like Quark or other coins cheated Bitcoin by mining almost all of their coin supply in 1 year while Bitcoin will take another 130.

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: NWO on December 28, 2013, 03:11:11 AM

Quote from: hypostatization on December 28, 2013, 02:50:18 AM

Quote from: tobobit on December 28, 2013, 02:46:00 AM

just go to CRYPTOmarketCAP.com
(btw I have nothing to do with that site, just don't like seeing people supporting known scams like ripple and nxt)

support a scam= you are a scam too

What is the scam?

http://dictionary.reference.com/browse/scam?s=t

It is just a different system, and those differences are made transparently clear. I see no one attempting to scam anyone. By all means, do not invest if you do not consider it a good investment!

Don't try to educate the uneducated. He is too far gone and doesn't understand innovation and more complex systems other than Bitcoin (if that). He is just a attention seeker throwing the work 'scam' around without even knowing its meaning.

I'm sure GOOGLE wouldn't be investing in Ripple if it was a scam. Let alone other high profile investments which are in the millions.

Bottom line: You can't save idiots.

Nxt on the other hand... I won't comment as I don't know enough about it.

I personally could not care less what Google is or isn't investing in , if Google makes bad decisions then that reflects on them in the medium to long term , Google is not bigger than the free market.

Google is a corporation that leveraged open systems; as soon as they move from this principle they become just another useless corporation dragging on the rest of humanity.

I dont think they are there yet , but support for something as dubious as Ripple is a good indicator, especially when there are so many other options .

So full steam ahead I say , I love this free market chaos .

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: scarface on December 28, 2013, 01:07:31 AM

please remove ripple its a complete scam only a fool would fall for

So why remove it?
Only fools would fall for it? So those will fall nevertheless.

Do you have a clue what ripple is , anyway?

HostFat

staff

Activity: 4270

Merit: 1209

I support freedom of choice

XRPs can't be created out of the thin air, they are limited as Bitcoins.
So they aren't the same as fiat currencies as euro/dollars.

It's just like if Bitcoin were owned by a minority of people, ... ouch!

So the day that all Bitcoins were be mined, all other people that don't own them will call it a scam

X68N

hero member

Activity: 672

Merit: 500

Quote from: hypostatization on December 28, 2013, 03:05:09 AM

Quote from: X68N on December 28, 2013, 02:54:41 AM

Quote from: hypostatization on December 28, 2013, 02:48:44 AM

How is it in any way distorted if that is the price people are willing to pay? Ripple has performed well, even prior to being re-listed. Check the charts.

Ok i will tell you.

CoinMarketCap.com is/was seen as a Benchmark which cryptocoin
gain in popularity (measured by mined coins * last price)

Now Ripple,Nxt,MasterCoin are added to the list which work like the direct opposite of Bitcoin .
They are centralised and "minted" = not mined.

So comparing a digital Currency which is minted vs. one which need time to be mined is
like cheating in a benchmark comparison, because the measurement is distorted.
Its like comparing the IQ of a kid with an developped adult.
(coin amount needs growing time vs. all coins aviable).
It is just biased.

The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

greetings

It is not total supply alone that gives it the market cap value. Why is it cheating if people are willing to pay that price per individual coin?

Maybe you would like a metric other than market cap?

I know it, because i had written the mined coins multiplied the price = market cap.
I have make clear, i have no problem that people purchase a price per individual coin.

Yes , the site has 2 options.

A. Every coins desing its own page. This has the advantage that even Lindendollar and Amazoncoins
can be listed with Ripples,Next and Mastercoin. (all "minted" currecies together, but seperated from mined currecies like bitcoin)
B. the Listing should use other values than marketcap to display the succsess of a coin. (Volume for example, maybe combined with other
indicators)

greetings

Quote from: NWO on December 28, 2013, 03:17:54 AM

Quote from: ?? on ??

Google is an NSA front company. Great investor. Disguisting.

Have fun missing out on the next big thing.

http://finance.yahoo.com/news/ripple-labs-announces-3-5-130600163.html

I'm tired of arguing with puppets

Yeah seems legit, dehumanise your opponents.
This is like communists worked too.

Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 206. (Read 639542 times)