Topic: Jed McCaleb's Exit from Ripple Labs: The Plot Thickens - page 2. (Read 10027 times)
LOL I always knew ripple was a scam.
don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
The video is on YouTube channel "TheBitcoinChannel".
hero worship aside...the guy is acting like a dick...he destroyed the ripple price by about 60% with his announcement of selling 118% of ripple coins in existence...
don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
The video is on YouTube channel "TheBitcoinChannel".
Fortunately like everything Ripple the code is Open Source and you can just launch your own instance if the public ones are down or overloaded...
https://github.com/ripple
https://github.com/ripple
Ripple Labs has just unveiled the brand new version of its charting application "Ripple Charts" which you can see here:
http://www.ripplecharts.com/#/
They've got a really amazing team of people working on the public facing components of the payment network. Personally, I have learned a great deal and I have nothing but positive experiences with everyone in the company. They are a great group of folks and a lot of fun to work with!
http://www.ripplecharts.com/#/
They've got a really amazing team of people working on the public facing components of the payment network. Personally, I have learned a great deal and I have nothing but positive experiences with everyone in the company. They are a great group of folks and a lot of fun to work with!
Unfortunately, like everything Ripple...
This only works 50% of the time (it was down 2 hours ago)...
Congratulations, after > 1 year Ripple Charts continues to work intermittently.
And what the numbers REALLY mean... no context = who knows?
There always been nothing but opacity.
I doubt that anyone has made a dime on the Ripple network...
Except for the "great group of folks" known as the "Principals".
edonkey was groundbreaking software in its day. that was back before Napster. I learned how to pick locks using a document I found on edonkey. I had no idea Jed was the same guy.
Assuming Bitcoin wasn't created by a group, I believe Jed McCaleb is the most likely single suspect for being the creator of Bitcoin - that's if the Satoshi that was exposed in the news a while back isn't the real Satoshi.
This guy''s a talented programmer who knows his stuff about peer-to-peer networks. He set up the first Bitcoin exchange (MtGox) then sold it when it wasn't "technically interesting" any more and moved on to create Ripple, which has the potential to be bigger than Bitcoin.
Makes me wonder what else he's got up his sleeve.
This guy''s a talented programmer who knows his stuff about peer-to-peer networks. He set up the first Bitcoin exchange (MtGox) then sold it when it wasn't "technically interesting" any more and moved on to create Ripple, which has the potential to be bigger than Bitcoin.
Makes me wonder what else he's got up his sleeve.
Jed McCaleb, the creator of E-Donkey and the founder of one of the largest Bitcoin exchanges, Mt.Gox, dropped out of Ripple Labs (a company that he is also a co-founder) to 'spend his time looking into new things: man-made surf parks and artificial intelligence'. As was written in an article from Wired: http://www.wired.com/wiredenterprise/2013/09/jed_mccaleb/
But a video recently uploaded in YouTube (http://www.youtube.com/watch?v=uQ2DCKLHaQs&t=461) says otherwise. In the video, he mentioned that he left the company due to 'disagreements with someone brought on to be CEO'.
So which is it really? Maybe we will hear Jed McCaleb's side of the story in full in the near future.
But a video recently uploaded in YouTube (http://www.youtube.com/watch?v=uQ2DCKLHaQs&t=461) says otherwise. In the video, he mentioned that he left the company due to 'disagreements with someone brought on to be CEO'.
So which is it really? Maybe we will hear Jed McCaleb's side of the story in full in the near future.
mark
thanks for moving.
so how long before you all jump on the next -coin here ?
don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
I watched that live too. I had only started really diving into bitcoin a few weeks prior; didn't own any yet. I recall when the price quickly rebounded to ~$17 and held after that, I was sufficiently impressed with bitcoin's resiliency to buy a little.
And then promptly ground down to $1.95 by November. Those were Bitcoin's darkest times.
Yes indeed. Down 90%+ on my first purchases. It was really annoying how so many people failed to see the long-term dynamic... (almost like looking at the spec forum right now...heh).
History does tend to go in repeating cycles.
Does that mean the next BTC low will be below $120....? Perhaps not this time.
More like the plot sickens.
eDonkey? Yeah, that's been hyped to hell and back with underwhelming results, and sadly, was one of Jed's better projects. MtGox was awful when Jed was on board....and Ripple? No thanks, Jed. Ripple actually may do better without him. Let's hope Jed's next project doesn't disappoint like so many others.
eDonkey? Yeah, that's been hyped to hell and back with underwhelming results, and sadly, was one of Jed's better projects. MtGox was awful when Jed was on board....and Ripple? No thanks, Jed. Ripple actually may do better without him. Let's hope Jed's next project doesn't disappoint like so many others.
Who knows what Jed McCaleb is doing next?
Presumably, Jed.
Who knows what Jed McCaleb is doing next?
Jed is a mysterious character...
could his involvement with mt.gox be one of the reasons why he wasn't chosen as ceo? did the people at ripple labs already know something shady was going on behind the scenes at gox?
http://www.coindesk.com/japanese-megabank-mizuho-now-official-defendant-gox-saga/
Quote
The amended US suit also added Mark Karpeles’ second-in-command Gonzague ***-Bouchery and Mt. Gox’s original founder and shareholder Jed McCaleb as defendants.
http://www.coindesk.com/japanese-megabank-mizuho-now-official-defendant-gox-saga/
Quote
Jed McCaleb’s Secret Bitcoin Project: 5 Fast Facts You Need to Know
1. The Project Is Very Hush-Hush
TechCrunch notes that McCaleb's project announcement was very brief. The landing page at secretbitcoinproject.com says very little, except for the statement below.
"When I sold Mt. Gox a few years ago, Bitcoin was trading at less than a dollar. Today Bitcoin exists in a new environment. Mt. Gox is struggling to keep up. Now, I am building something that will be better for Bitcoin and better for you. I’m looking for alpha testers. -Jed"
TechCrunch adds that McCaleb is something of a Bitcoin legend, having "transformed Mt. Gox (short for Magic: The Gathering Online Exchange) from a card-trading platform into what became the world’s one-time leading Bitcoin exchange."
2. McCaleb Created Mt.Gox
Mt. Gox has been in the news quite a lot recently. The Bitcoin exchange infamously suspended withdrawals earlier this month, which sent Bitcoin's value plummeting. Despite founding the Bitcoin exchange, McCaleb is no longer involved with Mt.Gox.
3. McCaleb Also Created Ripple
Last year, Wired wrote an article about McCaleb about his new project, Ripple. Wired explains Ripple thusly:
"Like Bitcoin, Ripple comes with its own digital currency — called the XRP — and its own peer-to-peer money-moving network. But there’s a twist: Ripple makes it easy to move any type of money — you can trade dollars for Yen or Euros or even Bitcoins — and instead of exchanges, Ripple uses a set of independent operators, called gateways, who handle the business of taking and delivering the fiat cash. The company’s ambitious plan is to build a network of open-source servers that can move money around the world at a tiny fraction of the cost of a bank or a company such as Western Union."
4. McCaleb Was an Early P2P Icon
McCaleb has a long history of working on technology projects that skirt the edge of the law. He created the file-sharing program eDonkey 2000, which was shut down in 2005.
5. The Secret Project Has Unusual Funding
In their reporting on McCaleb's secret Bitcoin project, TechCrunch noted that the project has already scored some funding from supporters. The funds came through thanks to "instant messages and Skype."
http://www.heavy.com/tech/2014/02/jed-mccaleb-secret-bitcoin-project-ripple-mtgox/
"The funds came through thanks to "instant messages and Skype."
i guess this is part of what he's working on?
if bitcoin does fall into dark times again, his new secret project could save it. it'll be like the second coming.
that would be rad.
that would be rad.
don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
I watched that live too. I had only started really diving into bitcoin a few weeks prior; didn't own any yet. I recall when the price quickly rebounded to ~$17 and held after that, I was sufficiently impressed with bitcoin's resiliency to buy a little.
And then promptly ground down to $1.95 by November. Those were Bitcoin's darkest times.
Yes indeed. Down 90%+ on my first purchases. It was really annoying how so many people failed to see the long-term dynamic... (almost like looking at the spec forum right now...heh).
don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
i tried to scrape up the video of that plunge but no success. i remember being right there when it happened. one of the most dramatic things i've ever seen realtime.
I watched that live too. I had only started really diving into bitcoin a few weeks prior; didn't own any yet. I recall when the price quickly rebounded to ~$17 and held after that, I was sufficiently impressed with bitcoin's resiliency to buy a little.
And then promptly ground down to $1.95 by November. Those were Bitcoin's darkest times.
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