Topic: http://ripplescam.org/ - page 8. (Read 6492 times)

Haha, like I said I was probably going to be wrong about you and Red holding a lot of ripples, I just can't fathom why you protect it so much.

Satoshi gave a lot of people in the crypto community a chance to join in, and he had to continue mining when no one else was otherwise the network would have died.

As far as I can see the only way for the ripple team is to simply sell ripples for Bitcoins to the people that want to use the network. But 50,000 ripples for 1 Bitcoin is way to steep, when 1 developer alone holds a billion of them.

BTW, if you buy that yacht and ever sail by Perth, I'll invite you out for coffee.

Oh my god, I don't even know where to start... Would you mind educating yourself first about the issues you are trying to "debate"?

How is sitting alone in his basement, mining coins with difficulty 1 is not pre-mining?

And existing (and working) Ripple network, on which at least a year of thinking and coding has been spent, is of course "nothing". Ungrateful bastards, want our BTCs for nothing. Well, don't buy the ripples then.


Oh, yeah, my 17 385 ripples (rfN2xpxWZcSsbeEL13m1hKFGDzp82o14gS - that's one thing good about Ripple - complete transparency) is sure a hell of a buy-off.  It's about what, the whole 77 bucks.

Now excuse me, gentlemen, I am going to go buy myself a yacht.

The founder of Gox was previously the founder of eDonkey2000. Hey's paid his dues in P2P systems.


You can't use Ripple to do anything without having ripples in your account. That is exactly the same as with BitCoin. There is no place convenient to buy Ripples yet, so they give some out free.


They don't want to sell Ripples to YOU. They want to sell Ripples to Amazon.com in exchange for them benefitting from instant free payments from you in Dollars, Euros, etc.


I can send you some Ripples and maybe you can Buy a Clue.

http://tcrn.ch/YNGjfi
just discovered the vc angle a couple days ago, which does lead me to believe that they are very motivated by PROFITS.
any good vc will require a guaranteed exit to recover their investment.
how can opencoin guarantee roi to their investors AFTER the source is released (and potentially forked into something incompatible w/ XRP).
if they can lay out a business model that allows for sufficient profit as well as an open sourced server, i'd LOVE to hear about it.

some transparency into their end-game would do a great deal in calming the skeptics

Now I may be wrong again, but the reason I think they have not opened the network is that they want to sell as much Ripple as possible before the system goes live out to the world. That's my conspiracy.

Also Satoshi set his creation free after discussion, but its not like he started mining first

This is not that convincing, what product have they delivered to the world?

I am not presenting a "infantile" argument. Satoshi delivered far more to this world than ripple ever will, yet he did not pre-mine one coin and is still a multi-millionaire.

Claiming that my assertion is "infantile" is a defensive move. Why not just get a answer? The network only exists in one closed place, there is no openness about the network, and the only reason ripples have value is because they gave them away in such small denominations to create artificial demand where the supply is insanely large in comparison.

Now for something I might easily be wrong about: I assume Alex Zee and Red hold far more XRP than the 50,000 XRP given out for free. Am I wrong?

That's another thing I don't understand. Why are you so anxious for them to open the source ASAP?

They opened most of it and gave damn good reasons not to open the server yet. So what's your hurry?

Hey its all good i'm just raising awareness.

All I know is that the founder of Gox is behind ripple and that the ripple company is backed by venture capital. They seem like shady people that have made no effort to open source the entire network. They conveniently release ripples and allow for a exchange of ripples for Bitcoin even before their network is up and ready.

Also they have stated they intend to fund their company and development by selling their stash of ripples (XRP), so in that way it is a store of value.

Just smells bad.

Gox is shady and so is ripple, let them prove that they are not.

Open source the network already.

http://riptalk.org/index.php?topic=36.0

You really have no idea who this guys are, what they've done, or why do you?

1. These are P2P veterans, long term members of this site, and guy who built the foundations for what bitcoin is.

2. They've built the reference implementation (code base) for BitCoin 2.0. Moving all the transaction data and rules for BitCoin to the Ripple codebase will make everything about using BTC better, faster, and cheaper. And have no doubt they will release the server code open source. It's in their trust model for the entire P2P system. The highest level of trust is "I built the server from source".

3. They don't want XRP to be the next "coin". They want Ripple to be the next PayPal and MtGox combined. They built for scale and for speed. The code is brilliant. Buying XRP will NEVER be a get rich quick scheme for speculators. But that is pretty much the point. Sure you can try to use it as a "store of value" but that's not what its for. That's what BitCoins are for.

Ripple will make BitCoins better. Easier and faster to use. It's servers cheaper to run. Make the data that needs to be stored smaller.

And it will increase BitCoin's accessibility. People will BE ABLE to buy/sell BitCoins in every neighborhood corner store. Now, you just have to come up with a REASON for people to WANT BitCoins.

Even if ripple is not a scam coin, people should sill be educated that ripple is pre-mine to a worse extent than any other coin in history, and when they hand over a Bitcoin for some ripples they really need to know how worthless those ripples really are.

From http://ripplescam.org:


It's a wrong statement. No need to read further, coz the site content is obviously biased.

There isn't a lot of debate, because there is nothing to debate.

There are people who are envious of somebody else's money, so they hate Ripple.
That's what it boils down to. And no amount of arguments will change their closed mind.

There isn't a lot of debate because a lot of people here have been paid off. (there are a lot of accounts in this forum that advocate a centralized closed source pre-mined coin/network, as long as they are in on it)

I have voiced the same complaints about ripple but no one really listens.

A question I have asked many times, but never answered is how many ripples have the core team sold for Bitcoin?? No one ever gives me a answer. I think the friends and core development team are actively selling ripples for Bitcoin. 1 Developer alone was granted a billion ripples. I really want to know how many have exchanged these ripples for Bitcoins.

If none of the developers have exchanged ripples for Bitcoin then the whole thing will be a lot less scam like.

I believe Ripple will be a big player in the near future

Oh, hi, danyy. You've been  banned on two forums, but I see you're still here.
I am sure, not for long.

and the price will drop in the next massive giveaway. sell them before its too late

you can't prove that it's not a scam

yeah i tiink is an scam, i dont know how the people are spending BTC on it, soon there will be worthless

I wonder why there isnt more debate about this.