Topic: Ripple is in major trouble - page 7. (Read 25439 times)

https://www.jelurida.com/jelurida-public-license

I guess I can't help myself. I joke with my wife about being unable to leave my computer because "it's an emergency -- someone is wrong on the Internet".
https://xkcd.com/386/

why bother even engaging. this guy has his moments, but let's say he always comes at things from a very particular angle that won't change no matter what is done or said.

Yeah that is right. Time will answer us everything. Ripple is good

Agree with you with a good market cap it should have a great future. Still it is in a top of coins, so will see it is just a matter o time

Holy shit, man. This doesn't even matter. Ripple's gone to court to stop Jed from dumping. He's only connected to the company historically. I don't even have a dog in this fight. The worse Jed is, the better it is that he's no longer connected to Ripple. The better Jed is, the better one of Ripple's founders is. It really is a wash.

And what do you think I know? You think Jed confided in me that he knew MtGox was running a fractional reserve? Why the heck would he do that? And if Jed protested his innocence to me, why would I believe him?

I stated all the facts that I know. You seem to think somehow I would have inside knowledge to Jed's relationship with MtGox? Why the hell would that be?

It just seems that no matter what I say, you feel obligated to both disagree with me and insist that it's somehow a big deal that validates your opinions about Ripple.

You can read his own words and see his verbal gymnastics..
He always knows.. but well doesn't know.

Always seems to be posturing for cred so you can take his word for it but then won't say anything.

Letting Jeb off the hook because he didn't know ?
Uhhmm no.. i knew when i showed in crypto in 2013 and seen the side effects of a fractional reserve in operation.
Yet a guy who WORKED THERE and owned a 12% stake had no idea ?

That is the same as Cryptsy idiots saying they had no idea there was a problem.
Ya you did fuckheads.. you knew because the people was screaming and bitching non stop.
And the transfers were insanely fucked up.

When i got in crypto i heard on DAY ONE people waiting months to get their Bitcoin.

This guy is full of fucking shit .

everyone knows that didnt happen like that. Dont play stupid.
why do you keep saying that i am not willing to discuss? I am leaving this thread. You have some degree of... retardedness?
as I mentioned, time will prove me right.

I think ripple is not in trouble as speculated by the op. Every currency has there pulling face for proper advancement and progress. Ripple is currently in one of those faces. When ever I analyse ripple market capitalization, I always see a coin that will be great in future.

And, again, when the nonsense you spew is countered with facts, you simply move on to spouting more nonsense. I'm done playing your game.

Like what not knowing a fractional reserve in operation where you work and own stake ?
Fractional reserve ? Like banks ? LOL

Gimme a break ..this guys spews so much fucking bullshit it's not even funny.

He loves to claim he doesn't know anything yet says the opposite implying he "knows things"
Which is is it Joel ?

Being the only employee who speaks here you'd think you WOULD know what is going on.
For example when you claimed to not know why 333 million was dumped on the market
..you showed up to put the fire out and claim "they had a good reason"
..you just didn't know what it was.

Even though you are a Ripple employee.

And you got balls muttering shit about "Motivations"
Like what maybe you being here with a SIG that says you are an employee of Ripple ?
That kettle is black baby ROFL  

It's not about whether I find it offensive or not, it's about what it says about your motivations.

Not only do you hate Ripple, but you're entirely unwilling to discuss or examine the claims that have informed your beliefs.

It is, literally, a chain of blocks. As for whether it's centralized, *every* major blockchain currently is to some degree. (Right now, if China made it illegal for a miner to build a block on top of any block that spent particular UTXOs, those bitcoins would be effectively frozen) Ripple, at least, has a plan to improve decentralization and a technology that doesn't inherently centralize. You are completely unwilling to discuss these actual facts.

Do you know that Ripple has gone to court with Jed several times? Ripple now has custody of Jed's XRP to prevent him from making threats of, or actually, dumping XRP on the open market And did you notice a huge change in Ripple's behavior after he left?

Jed left MtGox long before it failed due to insolvency. He did still own some percentage of the exchange (12% I think). I probably know a lot more about Jed's connection to MtGox than you do, and I have no idea what responsibility, if any, he has for the failure of MtGox.

Well according to this: http://www.cnbc.com/2017/05/23/r3-funding-blockchain-intel-bank-of-america-hsbc.html Goldman Sachs and Santander dropped out. It's far from a done deal as to the outcome. Ripple and R3 may both have value. Time will tell.

Also, your point about banks investing in their own ILP... that doesn't really convince me. The difference is that instead of paying fees to Ripple, they're going to invest hundredes of millions up front to develop their own solution. Surely it will still require usage fees and ongoing upkeep, no? Why do you think oil companies contract out the drilling and well servicing, when they could just own the drilling rigs and all the equipment? In most cases it makes sense to hire out vs dealing with all the overhead and ongoing costs.

To me it makes a lot of sense that banks would sign onto a solution that is ready, working, and ISN'T controlled by their competition, but is a neutral 3rd party.

First of all I didnt insult, I stated some facts along with some fun. If you find it offensive then bad for you.
Second, I dont lie, I really hate Ripple and i think it should go to 0 asap, same for Stellar.
Third, not even a blockchain and it is centralized.
Fourth, do you guys know who was the founder of Ripple?
Fifth, do you know who was the founder of MtGox?

Ripple has a ripple in its own network due to these other said persons ideas coming into play.

Damn so ill have to remove myself from stellar

I can't refute a conclusion. Why do you think Ripple will control it?

I would also add that at the moment, bitcoin is also far more centralized than I think most people would like. Its design makes miners stakeholders, and that is inherently centralizing because someone will have the best ASICs and the best price for electricity. Worse, miners interests are averse to the interest of other stakeholders because they want high transaction fees. (I'm long on bitcoin and a big believer. I don't think this is a disaster or deal breaker.)

Ripple is by no means perfect. But in a fair and realistic comparison to other technologies, I think it easily holds its own. You can really only make the kinds of arguments that you're making if you still think that anyone can mine competitively and that governance is not needed (as many people, including me, did back in 2011). But if I want SegWit and you don't, someone has to win and someone has to lose. And without governance, you get paralysis or war.

You have a fact followed by a bunch of insults. Pretty much everyone in this field puts their money where their beliefs are. If you think Ethereum will take over the world, you probably think it's smart to hold some Ether, and so you do. So how can you tell who is being honest and who is just a shill? Easy ... look at what they're saying.

Can they honestly acknowledge the weaknesses of the systems they like most? Do they make reasoned arguments rather than stating conclusions? Do they defend their claims when they're challenged? Do they change their mind when new facts come to light?

I'm not just being paid by Ripple, I was there from day one building the company. The day it no longer reflects my values or I no longer think we're working to make the world a better place, I'll go do something else.

They might, who knows, have not seen anything yet, I just wont support it.

Banks and central financial companies are the reason "someone" invented BITCOIN.

If you think centralization is the future, then go on, bet on Ripple. Everyone has its own opinion, I am just giving mine.

After years Ripple is still in business.
Maybe you don't like the banks or Ripple, but they have a very good solutions for banks.

We see it in a couple of years...

Laughing at this sentence. They wont control it, but Ripple will, see any difference? both are centralized, so no difference at all.


This guy is being paid by ripple, yet you choose to follow his advice other than people who are trying to fight the corruption. He even has a Gaben-like photo. All he cares is for money, not us just like Gaben. Throw it at him if you will. Ripple is a shame for the cryptocurrency world.

Do you know who Ripple founder is?