Topic: I think this is proof ripple will ultimately compete with (Read 2026 times)
XRP is not nearly as cool as BTC. Bitcoin, it just makes sense.
Ripple to END bitcoin? ha ha, whatever you are smoking. Just stop it. That's probably the single dumbest thing I have read on this board. And I have 'seen some shit' go down.
quoting for when ripple becomes big and announces "guys, it's in everyones best interest that we remove bitcoin from ripple because XRP serves the same purpose and more!"
gg Bitcoin
XRP is a get rich quick scam for the well connected establishment owners trying to hijack wealth created by cryptocurrency developers, miners, merchants, users etc, etc.
What's stopping someone from forking Ripple and running a server where the transaction fee tokens are backed with Bitcoins or USD?
The currency used to pay the fee has to be built-in to the system. You can't use the blockchain, because then every Ripple transaction would have to wait for confirmations. You can't use USD because those are only IOUs in the system. Also, Ripple destroys the transaction fee. That would mean money being wasted!
XRP solves an impressive number of problems in the Ripple system so you can't really do away with it. More practically, a fork could eliminate the genesis ledger which puts 100 billion into a predetermined account and instead allow XRP to be created through proof of work. This mining wouldn't be necessary to secure the ledger (this is already implemented using the consensus process).
This is true, kids. The Man just came to my house, told me to put my wallet.dat on a floppy, and walked out with it.
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Your lucky. I had my private key tattooed on my ass.....still can't sit down!
What's stopping someone from forking Ripple and running a server where the transaction fee tokens are backed with Bitcoins or USD?
Edit: People are missing my point, I know this guy is an independent troll (and an extremely poor one).
TL;DR: There are already people with incentives to promote XRP over Bitcoin, and once ripple is big enough, the creators can, and will, just stop dealing with Bitcoin altogether and promote XRP as the new BTC. They only ever used BTC to get the ball rolling.
So by the time many of you read this, the threads will probably all have been deleted, but there is a spammer right now making threads about the fed about to announce a worldwide bitcoin seizure and other random FUD across all the forums here, all while promoting ripple.
He probably wasn't told by ripple to do this, so ask yourself, why would someone want to demote bitcoin but promote ripple if they are truly complementary? What benefit would this bring to the spammer?
Right now, yes, ripple and bitcoin can coexist just fine and even help eachother. But ripple is simply a parasite using bitcoin as a host. They need some way to get the ball rolling, and bitcoin is their ticket. Then, once popular enough, they will come out and say "it just makes more sense to use XRP instead of Bitcoin" and detach.
Then Bitcoin will once again be back to square one for trying to steer the public away from a centralized currency, meanwhile the ripple employees are rich as all hell from holding half of all the XRP.
Even misterbigg (one of the most relentless ripple shills here) admitted to this in his thread:
But, as always, i'm open to being proven wrong. Just please read my post carefully and understand that I believe ripple's goal is to replace bitcoin IN THE FUTURE once it's on its feet, so spare me the arguments of how it can help out bitcoin in the present.
TL;DR: There are already people with incentives to promote XRP over Bitcoin, and once ripple is big enough, the creators can, and will, just stop dealing with Bitcoin altogether and promote XRP as the new BTC. They only ever used BTC to get the ball rolling.
So by the time many of you read this, the threads will probably all have been deleted, but there is a spammer right now making threads about the fed about to announce a worldwide bitcoin seizure and other random FUD across all the forums here, all while promoting ripple.
He probably wasn't told by ripple to do this, so ask yourself, why would someone want to demote bitcoin but promote ripple if they are truly complementary? What benefit would this bring to the spammer?
Right now, yes, ripple and bitcoin can coexist just fine and even help eachother. But ripple is simply a parasite using bitcoin as a host. They need some way to get the ball rolling, and bitcoin is their ticket. Then, once popular enough, they will come out and say "it just makes more sense to use XRP instead of Bitcoin" and detach.
Then Bitcoin will once again be back to square one for trying to steer the public away from a centralized currency, meanwhile the ripple employees are rich as all hell from holding half of all the XRP.
Even misterbigg (one of the most relentless ripple shills here) admitted to this in his thread:
ATTENTION:
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
BITCOINS CAN COTAIN "SILK ROAD TAINT" IF YOUR BITCOIN INPUTS HAS BEING IN A TRANSACTION SENT TO THE SILK ROAD. MONEY LAUNDERING CHARGES ARE BEING PROSECUTION, THEYMOS HAS SIGNED A PLEA BARGAIN. THE SEIZURE WILL BE ANNOUNCED IN THE NEXT FEDERAL RESERVE MEETING, SIMILAR TO THE CLOSURE OF THE GOLD WINDOW.
RIPPLE IS NOT AFFECTED
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
BITCOINS CAN COTAIN "SILK ROAD TAINT" IF YOUR BITCOIN INPUTS HAS BEING IN A TRANSACTION SENT TO THE SILK ROAD. MONEY LAUNDERING CHARGES ARE BEING PROSECUTION, THEYMOS HAS SIGNED A PLEA BARGAIN. THE SEIZURE WILL BE ANNOUNCED IN THE NEXT FEDERAL RESERVE MEETING, SIMILAR TO THE CLOSURE OF THE GOLD WINDOW.
RIPPLE IS NOT AFFECTED
But, as always, i'm open to being proven wrong. Just please read my post carefully and understand that I believe ripple's goal is to replace bitcoin IN THE FUTURE once it's on its feet, so spare me the arguments of how it can help out bitcoin in the present.
DAMN! It's the infamous 'ALL CAPS PRESS RELEASE' Sell ALL your BTC to me FAST!
(OP is a tool)
Ripple to END bitcoin? ha ha, whatever you are smoking. Just stop it. That's probably the single dumbest thing I have read on this board. And I have 'seen some shit' go down.
I was waterboarded.
Lol.. 
haha this thread is hilarious 
also, ripple :')
also, ripple :')
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
This is true, kids. The Man just came to my house, told me to put my wallet.dat on a floppy, and walked out with it.
Don't copy that floppy!
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
This is true, kids. The Man just came to my house, told me to put my wallet.dat on a floppy, and walked out with it.
In a floppy? right..
I was waterboarded.
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
This is true, kids. The Man just came to my house, told me to put my wallet.dat on a floppy, and walked out with it.
without a password?
THE DEPARTMENT OF HOMELAND SECURITY, THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA, AND THE UNITED STATES TREASURY HAVE RAIDED MORE THAN A DOZEN KEY BITCOIN INDIVIDUALS AND IS ABOUT TO ANNOUNCE A FULL SCALE BITCOIN CONFISCATION FOR MONEY LAUNDERING
This is true, kids. The Man just came to my house, told me to put my wallet.dat on a floppy, and walked out with it.
LOL I missed this, "THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA"
I don't see how this benefits ripple at all.
I don't see how this benefits ripple at all.
wow.
just wow, that's the big scare ?
you know what they say in Russia "don't be in the USA" .
It is such a laughably bad attempt that the only thing it proves is there are just as many idiots in ripple as there are in bitcoin.
they will eat each other , just like they claim/plan all the "alts" will do to LTC, truth is LTC isn't even important , BTC has bigger issues in my opinion , and Ripple is a DOA.
soooo?
when they are both gone nibble will still be around(in a form). funny that.
LOL I missed this, "THE FEDERAL RESERVE OF THE UNITED STATES OF AMERICA"
I don't see how this benefits ripple at all.
I don't see how this benefits ripple at all.
It is such a laughably bad attempt that the only thing it proves is there are just as many idiots in ripple as there are in bitcoin.
please re-read the OP
It is such a laughably bad attempt that the only thing it proves is there are just as many idiots in ripple as there are in bitcoin.
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