Author

Topic: First site to purchase XRPs (probably similar to Coinbase) goes live (Read 1161 times)

full member
Activity: 209
Merit: 100
Yes, it's a joke, but hopefully the joke won't be on anybody with half a brain, the sheeple will of course go to the slaughter as usual :-)

https://bitcointalksearch.org/topic/paying-a-fair-price-for-xrps-for-those-at-the-acceptance-of-ripple-stage-178402
hero member
Activity: 518
Merit: 500
That site looks horrible. Here is what it says:

To buy XRP, please send bitcoins to the following address:
XXXXXXXXXXXXXXXXXXXXXXXXXXX
You Send At Least   You Get
0.6 BTC   3000 XRP
1.65 BTC   10000 XRP
4.95 BTC   30000 XRP

I am paying 1 BTC for 39000 XRP:

https://bitcointalksearch.org/topic/buying-ripple-xrp-btc-1-btc-for-25000-xrp-176060

so this guy is basically paying like 600% less than me.  Something like that.  His rates are just a joke.  

full member
Activity: 209
Merit: 100
For people in this forum that site is probably a waste of time, just trade inside ripple.com/client itself or do private transactions with bitstmap.net

xrptrader is for the ignorant masses who'll flock to Ripple eventually, think of it as a tax on people who can't figure out how to run regular ripple.com client and how to grant trust to a gateway.
hero member
Activity: 518
Merit: 500
This looks interesting but will wait to see if it gets more positive comments.
newbie
Activity: 62
Merit: 0
UPDATE: They refunded my bitcoin and I've had four transactions go through just fine. 
newbie
Activity: 12
Merit: 0
On their site, they ask you to register and agree to their terms of service, even though there's not a link anywhere to their terms of service!

That seems sketchy.
full member
Activity: 209
Merit: 100
Xrptrader to me appears to be at best a Mickey Mouse job and at worst a scam.

Stay away until proven otherwise
newbie
Activity: 62
Merit: 0
Bad communication, won't return my 1 bitcoin I sent despite numerous attempts to contact.
full member
Activity: 209
Merit: 100
Where can I obtain an "Offer code"?

No idea, the site was demo'ed at today's ripple meetup, that's how I found out about it going live, presumably it's gonna make it "easy" to buy / sell XRPs (as opposed to doing it the hard way by creating a gateway account and withdrawing IOUs into Ripple to trade inside ripple directly).

hero member
Activity: 518
Merit: 500
Where can I obtain an "Offer code"?
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