Topic: Exposing the Ripple Scam (Read 2208 times)

Thank you for that post, you're just a typical XRP fan from the Chamber of Measures and Weights. Telling we're wrong and Ripple is a good coin with a bright future, of course don't give us any argument and fact.

Look who's talking 

For those who hasn't bought XRP at a price of $0.02, sure its going to be considered scam but for those who did bought at the very early stage of XRP, it sure making them the satisfaction. They are part of the scam now and making good profits every ATH. If banks are going to use them then its only for them and those who have XRP are going to earn more. But hell I care not about it and post such a boring details like it almost sound like a fud trying to drag the price down just so they can buy. If you thought they are scam then they are scam. Forget about them and look over somewhere else.

You are talking bul$hits. Ripple is not a scam. They have a bright future.

Say friendly No! No - RIP, No - artificial regulation, No centralization, No scam of banks and commerce, No destruction of the crypto world!
It is necessary to create groups and channels in social networks, messengers, chats where the community of free and independent crypto world explains that Ripple is the RIP for the world of crypto currency.
Explain the danger of this scam, spread information about Ripple Labs and related to this company and people who work exclusively for the benefit of the powerful, banks, aligarchy. The rich get richer - the poor get poor - that's the idea of ​​Ripple - Rip
 Together, a community independent of bankers and aligarchy, we will bring these richest scammers to clean water.
This will save the crypto currency from collapse!

It is great for profit don't get OP wrong, thing that he is trying to say is stay away for using it as a way to transfer value as you use bitcoin or some other alt.

That can explain why price raises why it is doing pumps and dumps, maybe because it is in the list of top 10 people tend to move towards ripple more to gamble upon it. But at the end of the day I don't personally like ripple much myself since it is centralized crypto ot there.

It's good to see posts about people realizing how centralized this damn thing is.

I have never intended to own any XRP, but I have traded it to earn BTC profits during its pumps. That's the whole utility I see for this shitcoin: to earn more BTC.

We all know that Ripple is a banksters fake coin. Now inexperienced users are happy that they earn money because price is rising, but sooner or later banksters will want to take out profit from this investment and then everyone who stay will lose. This is like a financial pyramid - the most will be earned by those who entered at the beginning and those who will escape at the right moment.

I will never buy ripple
That is not good choice for now and future

The name Ripple is RIP, the whole thing is in the name. Ripple killer of the crypto world.
Ripple is the RIP commercial corporation Ripple Labs, created with the money of billionaires and headed by them, look at the board of directors.
Ripple is not crypto money - scam from bankers and government, should RIP.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency. Therefore, it will be hacked in the near future.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.

How is Ripple deflationary, if the creation of the tokens don't stop? What is it now 99 billion tokens with a 1 million add every month? Compare it to Bitcoin's 16 million currently and it will "never" reach 21 million.
And it is not the Ripple tokens that hold the value, but the Ripple network. Partnered banks don't actually use the Ripple tokens, only network.
Not to mention that the token itself is unlicensed security

this is one big pile of tinfoilhat gibberish !
Dont believe this guy

I am getting more enlighten, it is just to make profit and move on.

What did you even know about cryptocurrency that you are given analysis

Why did you support them in the first place if it's centralized? I don't understand that part.

Nice insight though.

I was thinking in investing in some ripple but after reading this I've changed my mind. I would have to do alot more research into it before buying any now, but from the info on here it's really not a good idea.
Thanks for sharing this

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalksearch.org/topic/m.2358207

The Open Transactions library (https://en.bitcoin.it/wiki/Open_Transactions) looks very promising to me, I think we will see future implementations of it that make Ripple obsolete in the long run.

Is that you TradeFortress