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Topic: I just lost respect for Jed Mccaleb (Read 3055 times)

legendary
Activity: 1022
Merit: 1000
August 01, 2014, 06:44:40 PM
#32
You can open up an account at New Account at Stellar and get 5000 free Stellars for hooking up to your Facebook.

Exactly this, Stella seems to be a reboot of Ripple with the initial giveaway done via Facebook rather than bitcointalk.

Also, I think for the record, Tradefortress always hated ripple and even paid people to call it a scam, at least until the inputs.io "hack."

I haven't lost any respect for Jed.  He seems a well intended guy who got disillusioned with Ripple, told them to bugger off, and is trying to do a better mousetrap.  It just looks exactly the same as the current mousetrap...
hero member
Activity: 1036
Merit: 500
August 01, 2014, 04:15:28 PM
#31

Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol

OK, I lol'd  Grin
hero member
Activity: 529
Merit: 527
August 01, 2014, 03:25:42 PM
#30
You can open up an account at New Account at Stellar and get 5000 free Stellars for hooking up to your Facebook.

Just be sure to test it by sending some Stellars to this address: ghxe5YBPwoLtehA6H5riRp815gowxRGaVQ

 Grin Grin Grin
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 01, 2014, 02:33:21 PM
#29
Is ripple gone already?

Still has a 43 million dollar market cap ... but with this announcement I'm sure Ripple prices are going to crash. I am not sure how I feel about Stellar at this point in time till I read the yet to be released whitepaper but it sure is a hell of a lot better than Ripple based upon the info thus far.

Interesting, I didn't think it would make it for several reasons. I saw them set up a table at one of the Bitcoin conferences and thought it was pretty cheesy piggybacking like that. TradeFortress supported it and I never trusted him. Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol

Woah, you must not have been paying too much attention to Ripple back then. Wink

Tradefortress was actually the biggest Ripple detractor by far. He paid people many BTC to edit their posts if they were on the first page of Ripple's giveaway thread to say something along the lines of "RIPPLE IS A SCAM" ect ect. Also paid people to put that in their sigs.

And he also ran a literal scam where he issued 'Tradefortress' BTC backed by nothing on Ripple where at least one person lost 1 BTC.

That being said I totally don't blame you for completely ignoring all that nonsense that went on during that time. Smiley

Really! Well then I guess ripple is ok. LOL

Your right, I just skimmed a few ripple threads and saw him posting heavily in them so I thought he was a supporter. I guess his propaganda efforts had the opposite effect.  Grin  Something was always smelled fishy about TradeFortress so I just developed a general dislike for him.

Ripple always seemed like backwards logic to me and counter to what I got into Bitcoin for in the first place. I dismissed it pretty quickly though without doing much research. That whole IOU trust thing put me off. The reason I use Bitcoin and protect myself is because I don't trust any of you fuckers. ROFL
hero member
Activity: 658
Merit: 501
August 01, 2014, 02:32:52 PM
#28
thats up to the people who put in the money... I think the whole project is unnecessary.

You think decentralized exchanges are unnecessary?

thats not what it is.

Since it’s a distributed and open network, anyone is able to start their own gateway, and to take their pick of gateways to trust.

How is that not decentralized?

Seems like NXt/Ripple with a much fairer distribution model. Not as secure as bitcoin, but ..... hmmm... why not just Bitcoin with oracles?
Perhaps this is superfluous?

Distributed =/= decentralized.

Ripple or Stellar are not decentralized, as their consensus algorithm does not resolve the Byzantines Generals Problem.

The distribution of Stellar is far more fair than the distribution of Ripple however.

[PS: Who registered stellarscam.org?  Cheesy ]

AGREED , i Stand corrected.
legendary
Activity: 826
Merit: 1002
amarha
August 01, 2014, 01:20:59 PM
#27
Is ripple gone already?

Still has a 43 million dollar market cap ... but with this announcement I'm sure Ripple prices are going to crash. I am not sure how I feel about Stellar at this point in time till I read the yet to be released whitepaper but it sure is a hell of a lot better than Ripple based upon the info thus far.

Interesting, I didn't think it would make it for several reasons. I saw them set up a table at one of the Bitcoin conferences and thought it was pretty cheesy piggybacking like that. TradeFortress supported it and I never trusted him. Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol

Woah, you must not have been paying too much attention to Ripple back then. Wink

Tradefortress was actually the biggest Ripple detractor by far. He paid people many BTC to edit their posts if they were on the first page of Ripple's giveaway thread to say something along the lines of "RIPPLE IS A SCAM" ect ect. Also paid people to put that in their sigs.

And he also ran a literal scam where he issued 'Tradefortress' BTC backed by nothing on Ripple where at least one person lost 1 BTC.

That being said I totally don't blame you for completely ignoring all that nonsense that went on during that time. Smiley
staff
Activity: 4270
Merit: 1209
I support freedom of choice
August 01, 2014, 01:10:58 PM
#26
The gateway IS an exchange, it's an exchange connected to the Ripple (or Stellar) network.

Do you know a secret? Bitstamp is a Ripple gateway! Shocked

There is no more trust that you give to a gateway than a common exchange.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
August 01, 2014, 12:51:55 PM
#25
Glad I stayed clear of ripple and I'll be staying clear of this as well.  I wouldn't call either a scam, but at the same time they're just not very good solutions.  These "gateways" just sound like mini-exchanges and rife for abuse from whoever is running them.
vip
Activity: 1316
Merit: 1043
👻
August 01, 2014, 09:54:50 AM
#24
thats up to the people who put in the money... I think the whole project is unnecessary.

You think decentralized exchanges are unnecessary?

thats not what it is.

Since it’s a distributed and open network, anyone is able to start their own gateway, and to take their pick of gateways to trust.

How is that not decentralized?

Seems like NXt/Ripple with a much fairer distribution model. Not as secure as bitcoin, but ..... hmmm... why not just Bitcoin with oracles?
Perhaps this is superfluous?

Distributed =/= decentralized.

Ripple or Stellar are not decentralized, as their consensus algorithm does not resolve the Byzantines Generals Problem.

The distribution of Stellar is far more fair than the distribution of Ripple however.

[PS: Who registered stellarscam.org?  Cheesy ]
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 01, 2014, 09:51:23 AM
#23
Is ripple gone already?

Still has a 43 million dollar market cap ... but with this announcement I'm sure Ripple prices are going to crash. I am not sure how I feel about Stellar at this point in time till I read the yet to be released whitepaper but it sure is a hell of a lot better than Ripple based upon the info thus far.

Interesting, I didn't think it would make it for several reasons. I saw them set up a table at one of the Bitcoin conferences and thought it was pretty cheesy piggybacking like that. TradeFortress supported it and I never trusted him. Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol

I can only image you referring to me as a troll/gnome behind my back, you bald-headed fart.  Grin

Face it Bruno, at our age we both look like garden gnomes. Except we're not quite as cute.  Grin
vip
Activity: 1428
Merit: 1145
August 01, 2014, 04:32:40 AM
#22
i had load of ripples in my account.. i deemed them worthless anyways, but i found that they routinely wipe peoples accounts.. that was last year before the sell off,

for me ripples was never a currency and NO ONE should treat them as such. the best description of ripples or 'ether' or stella is to think of them as postage stamps that sit on the outside and used only to ensure the currency (bank notes in an envelope) gets to its destination. not to be thought of as a currency to trade. but as a simple stamp to use.

and they are not a blockchain that is there permenantly, they are just a SQL database.. again worthless, no true ownership

+1

It's not money. It's a platform with a tax that let's others exchange money.  

I heard NXT just released a mostly trustless distributed exchange. Only a few coins now but in the future any coin will be traded with any other coin directly with no worry a middleman can steal your cash.  That's better then Ripple or this new project, but still for assets without blockchains, I guess gateways and trust are needed.

I gotta seriously look into this NXT thingie for a project I'm working on. BTW, I went ahead and registered CoinProLite for shits & giggles. I think I can seriously use it as a utility for the almost guaranteed distribution I have in mind.
vip
Activity: 1428
Merit: 1145
August 01, 2014, 04:29:59 AM
#21
Is ripple gone already?

Still has a 43 million dollar market cap ... but with this announcement I'm sure Ripple prices are going to crash. I am not sure how I feel about Stellar at this point in time till I read the yet to be released whitepaper but it sure is a hell of a lot better than Ripple based upon the info thus far.

Interesting, I didn't think it would make it for several reasons. I saw them set up a table at one of the Bitcoin conferences and thought it was pretty cheesy piggybacking like that. TradeFortress supported it and I never trusted him. Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol

I can only image you referring to me as a troll/gnome behind my back, you bald-headed fart.  Grin
vip
Activity: 1428
Merit: 1145
August 01, 2014, 04:01:41 AM
#20
I thought this guy was cool when he sold all
his ripples...

Now he's starting the same scheme all over
again with Stellar. 

http://www.coindesk.com/mt-gox-ripple-founder-jed-mccaleb-unveils-project-stellar/

Let me guess -- he's gonna sell all his stellars
in a year and leave behind another round
of bag holders in his wake.



The next coin will be a PoSB (Proof of Stellar Burn).
hero member
Activity: 490
Merit: 500
August 01, 2014, 02:44:22 AM
#19
Yeah, it's been a real clusterfuck since Jed pulled the trigger
Mismanaged beginning to end
I thought Ripple had some potential initially, sad
full member
Activity: 210
Merit: 100
Looking for the next big thing
August 01, 2014, 01:34:55 AM
#18
i had load of ripples in my account.. i deemed them worthless anyways, but i found that they routinely wipe peoples accounts.. that was last year before the sell off,

for me ripples was never a currency and NO ONE should treat them as such. the best description of ripples or 'ether' or stella is to think of them as postage stamps that sit on the outside and used only to ensure the currency (bank notes in an envelope) gets to its destination. not to be thought of as a currency to trade. but as a simple stamp to use.

and they are not a blockchain that is there permenantly, they are just a SQL database.. again worthless, no true ownership

+1

It's not money. It's a platform with a tax that let's others exchange money. 

I heard NXT just released a mostly trustless distributed exchange. Only a few coins now but in the future any coin will be traded with any other coin directly with no worry a middleman can steal your cash.  That's better then Ripple or this new project, but still for assets without blockchains, I guess gateways and trust are needed.
full member
Activity: 168
Merit: 100
August 01, 2014, 01:11:30 AM
#17
People not even close to being as humble or smart as Satoshi trying to be Satoshi.

QFT
member
Activity: 94
Merit: 10
August 01, 2014, 01:08:50 AM
#16
I still respect Jed but wish he'd stop trying to eliminate proof-of-work and stick with Bitcoin. There's plenty for him to do and what does he think are the chances he'll invent another decentralized system that even comes close to touching Bitcoin in impact?
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
July 31, 2014, 08:27:27 PM
#15
People not even close to being as humble or smart as Satoshi trying to be Satoshi.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
July 31, 2014, 08:01:22 PM
#14
thats up to the people who put in the money... I think the whole project is unnecessary.

You think decentralized exchanges are unnecessary?

thats not what it is.

Since it’s a distributed and open network, anyone is able to start their own gateway, and to take their pick of gateways to trust.

How is that not decentralized?

Seems like NXt/Ripple with a much fairer distribution model. Not as secure as bitcoin, but ..... hmmm... why not just Bitcoin with oracles?
Perhaps this is superfluous?

there's really no such thing as a true decentralized exchange when it comes to fiat.

But if you're going to make an open protocol, why not just build the protocol,
why do we need "stellar tokens" --  to pay the devs?   
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
July 31, 2014, 07:41:55 PM
#13
Is ripple gone already?

Still has a 43 million dollar market cap ... but with this announcement I'm sure Ripple prices are going to crash. I am not sure how I feel about Stellar at this point in time till I read the yet to be released whitepaper but it sure is a hell of a lot better than Ripple based upon the info thus far.

Interesting, I didn't think it would make it for several reasons. I saw them set up a table at one of the Bitcoin conferences and thought it was pretty cheesy piggybacking like that. TradeFortress supported it and I never trusted him. Joel Katz always kind of creeped me out and he worked on Ripple. He hasn't done anything wrong that I know about but he kind of looks like one of one of those guys you would see hanging out on a Starbucks sofa, laying down and waiting to look up girls skirts. lol
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