Author

Topic: Cryptsy and Ripoffcoin (Read 844 times)

legendary
Activity: 966
Merit: 1001
Energy is Wealth
October 09, 2014, 04:45:31 PM
#4

Buying the Ripoffcoin is madness in its purest form.

Quote
Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs will retain the remaining 25 billion.

So 45 billion are given away for free to Banks and venture capital companies......
and the 55 billion you can buy to finance this guys.
Top notch system but i have the feeling i know a similar one with a central corporate body. New is that i can buy money now, is't it fantastic. Its getting better by the day.
full member
Activity: 213
Merit: 100
October 09, 2014, 03:31:41 PM
#3
In case such rubbish makes it to cryptsy, I feel more comfortable useful coins like Gridcoin (scientific mining) will be adopted too.
This Oktober we will see a less complicated new client, that enables robust exchange
and we could finally have people understand mechanics of scientific progress that Gridcoin brings via BOINC-integration.
legendary
Activity: 1722
Merit: 1000
October 09, 2014, 03:26:38 PM
#2
Quote
What, cryptsy added this??? LOL

Yes.....

Not sure why...
legendary
Activity: 1722
Merit: 1000
October 09, 2014, 03:22:25 PM
#1
Why the heck are people buying this......

I... the entire idea was to create a coin that rips people off.................
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