I just lost respect for Jed Mccaleb - page 2.

Lauda

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Terminated.

Quote from: keithers on July 31, 2014, 06:30:47 PM

I think the project is a pretty good idea from what I have read so far (which is not that much). His name got dragged through the mud because the of the whole Gox thing, but that really didn't involve him since he sold, right?

It is, but another currency isn't. He will probably repeat his steps and dumb his holdings when the time comes. Wink

keithers

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This is the land of wolves now & you're not a wolf

I think the project is a pretty good idea from what I have read so far (which is not that much). His name got dragged through the mud because the of the whole Gox thing, but that really didn't involve him since he sold, right?

inBitweTrust

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Quote from: QuestionAuthority on July 31, 2014, 05:51:22 PM

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.

Meuh6879

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well ... they try ... and they crash.
commun world.

QuestionAuthority

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You lead and I'll watch you walk away.

Is ripple gone already?

franky1

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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

inBitweTrust

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Quote from: jonald_fyookball on July 31, 2014, 05:12:32 PM

Quote from: inBitweTrust on July 31, 2014, 05:10:06 PM

Quote from: jonald_fyookball on July 31, 2014, 05:05:11 PM

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?

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: inBitweTrust on July 31, 2014, 05:10:06 PM

Quote from: jonald_fyookball on July 31, 2014, 05:05:11 PM

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.

inBitweTrust

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Activity: 658

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Quote from: jonald_fyookball on July 31, 2014, 05:05:11 PM

thats up to the people who put in the money... I think the whole project is unnecessary.

You think decentralized exchanges are unnecessary?

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: inBitweTrust on July 31, 2014, 05:01:50 PM

Quote from: jonald_fyookball on July 31, 2014, 04:48:05 PM

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.

50% of the total will be distributed to people who sign up for an account verified by cellphone
25% will be distributed by other nonprofits focused on financial inclusion.
20% will be given to current Bitcoin and Ripple holders—two systems that Stellar owes a lot to.
5% will be used to pay nonprofit stellars admin costs and development

5% admin is somewhat fair IMHO..... do you believe there should be no money set aside for devs?

thats up to the people who put in the money... I think the whole project is unnecessary.

inBitweTrust

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Quote from: jonald_fyookball on July 31, 2014, 04:48:05 PM

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.

50% of the total will be distributed to people who sign up for an account verified by cellphone
25% will be distributed by other nonprofits focused on financial inclusion.
20% will be given to current Bitcoin and Ripple holders—two systems that Stellar owes a lot to.
5% will be used to pay nonprofit stellars admin costs and development

fixed 1% annual rate inflation will be awarded to top 50 accounts with participatory budgeting allocated to causes the consensus supports.

5% admin is somewhat fair IMHO..... do you believe there should be no money set aside for devs?
I don't understand what the scam is .... just collect your free tokens and than use them to exchange bitcoin for fiat and vice versa for free.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

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.

Topic: I just lost respect for Jed Mccaleb - page 2. (Read 3055 times)