Topic: Ripple or Bitcoin - page 31. (Read 34134 times)

Nice rhetoric.  Too bad it's all bullshit considering Ripple is a centralized premine scam intended to make Jed and its' founders incredibly wealthy.  You know it's not winning over the public if they have to send their employees to write replies, knowingly that nobody in the public is going to root for them.

Don't confuse the system with the revenue model. Google is good if it's a really good search engine. Google makes money if it generates really good ad revenue. But it would be kind of odd to judge Google as a search engine based on its ability to generate ad revenue.

To carry the analogy a bit too far, the way Google might think about it is like this -- if we make a really good search engine, it will generate lots of ad revenue. So if you care about the long term, you design it to be a great search engine and judge design decisions based on that, not on their affect on revenue.

Ripple was designed to be a great payment system and to federate existing payments systems. It also has features to support social/community credit and other types of possible future economic activity. We weren't trying to build something whose primary purpose was to generate revenue for us. Those priorities are reflected in the design.

If you build something whose primary purpose is to make you money, there's a good chance nobody will ever use it. And if you try to decentralize it, it will fail because there's no shared goal to make you money.

Build something great first.

You can speculate on nearly everything these days that can be bought or sold for money. That doesn't mean these things are good stores of value or means of exchange.

Everybody (including companies) is quite free to choose what they invest in or speculate upon.

Yet funnily enough its the way the company behind Opencoin was to generate revenue (not to mention individuals within to generate a personal wealth...no?)  

You're talking about the currency inside the Ripple payment system, often called XRP. That's really not intended to be used as a means of exchange or a store of value (at least in the near term), so it's not really fair to compare it to Bitcoin (which is).

Correct me, if I'm wrong:

Ripple was developped and held (50%) by a company, wasn't it?
In this case I absolutely prefer bitcoin.

Are there some control mechanism to prevent price manipulation by their own company?

Go to XRPtalk.org and see if you can earn the 25 xrp's from someone over there.

hey guys.

I understand what you guys say..

please give me some ripple coin to start!!!

rsLx4E4ZDqn6PFNxqoLFu5XyHZ5hKWQtNX


thanks~~~~~~ 

that storehouse is leaking like a sieve

Ripple is gaining value because of banks adopting it, but in long term I wouldn't feel comfortable with it. BTC has already succeeded, not as a mass adoption crypto, but rather as a storehouse of value, so I would go for bitcoin

Sukrim, the whole Ripple thing is a semantic nightmare.

Saying 'X-R-P', or the 'native currency for the Ripple', or any of the other more technically correct terminology for XRP is impractical and unnecessary.  XRP is a code not a name the  creators of XRP, knew or should have known that would be an issue.  Well the market rectified the issue by naming XRP Ripple by consensus. 

You said: "Who is an "Administrator" for Linux or Bitcoin? Ripple is a technology."  for all intents and purposes the Bitcoin foundation is the de facto admins for Bitcoin.   Unlike bitcoin  Ripple apparently has numerous employees tasked with managing "the technology", 'the  company', and /or 'the coin', I'm sure they could figure out who the admins are.

You said: "Gliss does not take orders (I hope)."  If that was the case why did you ask him numerous times to do or not do something?

Here again "the intent" is the driver, in this case you asked Gliss to do, or not do something, with no apparent authority.  For practical purposes if someone with actual authority made the same exact request of Gliss it would go outside of general respectful protocol to deny the request.   

I didn't you asked, prayed, begged, pleaded, requested, ordered, demanded or whatever the petition was lacking power as well as popularity, that's why it failed.

Who is an "Administrator" for Linux or Bitcoin? Ripple is a technology.

Gliss does not take orders (I hope).
  
Again, these are features that Ripple (THE TECHNOLOGY) offers natively, eSpend is apparently a company that developed their own implementation, just like Coinbase or BitPay are utilizing Bitcoin to help their merchants.
Ripple might have needed a longer time + outside knowledge, because it is not based on Bitcoin code, so a simple copy/paste job won't work on the API.

Thanks for that info.

Clearly from what you have described and for all intents and practical purposes XRP is Ripple.

If you are an administrator for Ripple, and have identified yourself as such I don't see why Gliss would not heed your order.   

As for the Cryptsy/Ripple deal, it is far and away different from Cryptsy's other pairings,  http://www.prweb.com/releases/2014/10/prweb12231540.htm

"ForexMinute.com – ... Cryptsy ... is integrating with eSpend’s Ripple gateway technology, Cryptsy's CEO Paul Vernon said: “We have been wanting to get XRP on Cryptsy for a long time now,” he said. “The team at eSpend has made it easy and we look forward to working with them to bring in more of Ripple’s features.”

"features" like what you may say: https://bitcointalksearch.org/topic/m.9120690

ripple are the banks disguised in another name. Bitcoin +1

Ripple once fully implemented is just one gigantic financial data mine. Ten times worse then what Google is for searches. 

Buying XRP is madness in its purest form. (No XRP,s are needed to sent xyz currency and to the other party receiving another currency)


So 45 billion XRP are given away for free to Banks, venture capital companies, friends......
and the 55 billion XRP you can buy to finance this guys.
Top notch system but i have the feeling i know a similar one with a central corporate body calling the shots. New is that i can buy money now, is't it fantastic. Its getting better by the day.

I wrote to Gliss (owner of CMC) a few times, he doesn't seem to care


XRP = "ripples", Ripple = distributed/decentralized exchange.
Cryptsy has not done any deal with "Ripple" just as they didn't have to do deals with "Litecoin", "Dogecoin" or "Bitcoin" to use their currency/software.

Computing for Good was scrapped after people started hacking WCG accounts to point them towards the giveaway. If you want strategic partnerships, you can talk to Ripple Labs (the core developers of Ripple).

Coin market cap identifies Ripple as XRP,  if that is incorrect why doesn't Ripple correct them?

Cryptsy has done a deal with Ripple to pair XRP with over 100 CCs, what is XRP if not Ripple?


EMC2 is a cause-coin -- a cryptocurrency with a specific mission, 2.5% of mined coins is donated to Science; 2% of the mined coins to science research, education, or development; .5% of the mined coins is allocated to marketing of the coin; the funds are managed by the non-profit foundation www.einsteinium.org   https://bitcointalksearch.org/topic/annemc2-einsteinium-funding-the-future-with-the-future-of-currency-494708  

There are many things that Ripple does that has impressed me, as one of the admins for EMC2 I want Einsteinium/EMC2 and Ripple/XRP to have a strategic partnership in various ways to forward our mission to provide funds for scientific research.   Because of the new deal with Ripple did with Cryptsy I did some research on Ripple and found a project that  impressed me greatly:

Are they each missing a limb?

XRP != Ripple.
I like Ripple, I don't like XRP (or I'm at least indifferent about it) and I have no idea what your "EMC2" giveaway is about or what "EMC2" even is for the record.

Ripple is much better than bitcoin. Bitcoin will never succeed because 1% of the investers own 90% of the coins. It makes it more centralised than Fiat.