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Topic: Ripple vs Bitcoin. Is there competition? (Read 2330 times)

legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
December 18, 2014, 10:54:20 AM
#26
Ripple shills- sit down and be quiet when BTC takes the national stage on Dec. 26th NC State vs Central Florida
...While its price tanks.



People watching the Bowl:

-Damn, I am totally gonna invest in this thing that news called the worst investment of 2014! Sounds great!



Are you serious?

Yes I am serious.

Yes the price has dropped. Whoop de-damn-do. Happens all the time. It sure doesn't stop my customers from buying everyday.

So who is playing in that Ripple Bowl this year?
legendary
Activity: 1092
Merit: 1000
December 18, 2014, 10:51:59 AM
#25
creating ripple coins out of thin air is the same thing as printing usd out of thin air and that strategy is in the midst of it's failure.
the fed had to stop doing the straight out QE printing because everyone was about to start losing confidence in the usd dollar.
so then they outsourced printing QE to belgium and then to japan and we are watching japan's sinking QE printing ship.
ripple is a scam coin that will not be able to compete against a gold backed currency which likely we will see come out of the brics nations.
even if all the central banks adopt xrp doesnt mean it's going to succeed because the central banks are in midst of failure as well.
URGENT: 3 NEW SIGNS TOTAL ECONOMIC COLLAPSE IS IN PROGRESS  - https://www.youtube.com/watch?v=ihe48Q4xdX4
the congress is setting up for the collapse. and the usa is preping not just for a collapse but for any country who thinks they will invade the usa.
just keep in mind when if anyone attempt to invade the usa that the largest standing army in the entire world is east of the Mississippi.
legendary
Activity: 1386
Merit: 1009
December 18, 2014, 07:13:40 AM
#24
Hey guys. Does any of you know a ripple gateway to get BTC out of Ripple? I need one without verification, can anyone help?
legendary
Activity: 1260
Merit: 1000
December 18, 2014, 06:46:01 AM
#23
Look at the original poster's post history.  It's clearly a paid for ripple shill/scammer.  Some guy in China that gets paid 5 cents an hour to post this garbage in between farming for WoW gold.
legendary
Activity: 1937
Merit: 1001
December 18, 2014, 06:38:27 AM
#22
Ripple is a joke when it comes to the properties that make bitcoin stand out.
That's not to say ripple can't be used, it's just a completely different thing, you can't really compare them imho.

The fact that you even try to compare them tells us something i think Smiley

Ohh and also.... wowww, this chart looks so much better than bitcoin! LOL

Apparently even adoption by Chinese banks can't save this ripple scam from being exposed for what it is.

full member
Activity: 322
Merit: 101
December 18, 2014, 06:32:20 AM
#21
They are different things. One is centralized (more or less) with a dependence on "trusting" gateways. Bitcoin isn't like that. So yes- we're having some hell of a rough time price wise, but look around at the enormous ecosystem of people building their own things and you realize it's a totally different animal.



I was holding me to, ask this
good that was not accurate.
thank you
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
December 18, 2014, 02:56:27 AM
#20
They are different things. One is centralized (more or less) with a dependence on "trusting" gateways. Bitcoin isn't like that. So yes- we're having some hell of a rough time price wise, but look around at the enormous ecosystem of people building their own things and you realize it's a totally different animal.

full member
Activity: 167
Merit: 100
December 18, 2014, 01:51:41 AM
#19
LOL they laughed at Ripple when it first came down. Guess who's having the last laugh now ... Muhahahahahaha
legendary
Activity: 1722
Merit: 1004
December 18, 2014, 01:31:30 AM
#18


In the longrun, the case for bitcoin is as an asset that can be money, but which no one can censor/control. It needs some moderate level of merchant adoption to provide the practical economic link, but it doesn't need to replace fiat as far as everyday purchases go. XRP will never be that uncensorable value-store, since it's not decentralized in the way bitcoin is (see recent stellar/ripple core consensus alg failure).

It's actually because of that non-pure decentralization which will make banks more willing to integrate with Ripple. My intuition right now is that Ripple and Stellar will lean more and more centralized over time (for both political reasons, as well as the unfortunate fact that their consensus algorithm is broken at the core wrt meaningful decentralization), and if they become successful, they will effectively be controlled by a small number of banks who run the major gateways and validating nodes.

Which is fine; XRP and BTC don't compete in the same primary domains, even though some people right now seem to think they do. XRP competes in the domain where you want to hold XRP for just long enough to get a transaction done. If it catches on, it should be a high-velocity (which is inversely proportional to market-cap) pseudo-currency. BTC, though, ultimately competes in the gold market and stored-liquid-wealth domains, which are magnitudes larger than instantaneous high-velocity transactional demand. If you do the math for transactional demand, you get market-caps in the low tens of billions at best; the mcap for currency-as-store-of-wealth work out to hundreds of billions to low trillions (some would argue double-digit trillions).


tldr: Ripple and bitcoin do not ultimately compete because Ripple is not sufficiently decentralized. Total target/potential market-cap for BTC is orders of magnitude higher than for XRP.
hero member
Activity: 742
Merit: 500
December 18, 2014, 01:19:30 AM
#17
Ripple shills- sit down and be quiet when BTC takes the national stage on Dec. 26th NC State vs Central Florida
...While its price tanks.



People watching the Bowl:

-Damn, I am totally gonna invest in this thing that news called the worst investment of 2014! Sounds great!



Are you serious?
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
December 18, 2014, 01:11:30 AM
#16
Who is playing in the Ripple bowl this year?

Someone remind me because I forgot.

Oh yeah that's right...that shit doesn't exist.

Ripple shills- sit down and be quiet when BTC takes the national stage on Dec. 26th NC State vs Central Florida

Maybe ripple can sponsor a darts tournament.
full member
Activity: 322
Merit: 101
December 17, 2014, 09:45:07 PM
#15
Every dog has its day...or days...or weeks...or months...
I liked the comparison (remembered an anime)
laughing too

What anime? Bleach, DBZ, DeathNote, Cowboy Bebop?
anime name is dog's days
full member
Activity: 154
Merit: 100
December 17, 2014, 09:41:06 PM
#14
i see some people pumping xrp likes manipulation
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
December 17, 2014, 09:36:34 PM
#13
Every dog has its day...or days...or weeks...or months...
I liked the comparison (remembered an anime)
laughing too

What anime? Bleach, DBZ, DeathNote, Cowboy Bebop?
full member
Activity: 322
Merit: 101
December 17, 2014, 09:33:51 PM
#12
Every dog has its day...or days...or weeks...or months...
I liked the comparison (remembered an anime)
laughing too
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
December 17, 2014, 09:12:48 PM
#11
USD vs Paypal. Is there competition?
sr. member
Activity: 294
Merit: 250
December 17, 2014, 09:12:08 PM
#10
what is Ripple? i think its just another pump pump then dump coin.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 17, 2014, 08:58:51 PM
#9
So they banks are trying to hype their pet crypto Ripple.  Roll Eyes

Notice too how fewcoins, another local troll, is playing good cop and Devils advocate to OP!
These shills are working together, or better yet likely the same person

Both are on my ignore list now

shills, shilling shills, shilling shills
shilling...
hero member
Activity: 574
Merit: 500
Call me Alice. just Alice.
December 17, 2014, 08:58:39 PM
#8
banks just wanna use Ripple so they can control it more and earn more. Bitcoin is freedom.   Ripple is just like any other Fiat. Government Controlled.
hero member
Activity: 560
Merit: 500
December 17, 2014, 08:56:05 PM
#7
So the banks are trying to hype their pet payment platform Ripple.  Roll Eyes

Of course the banks are adopting centralized and pre-issued XRP, and of course it's blowing up...
Because they're blowing it up with their own money!!  Shocked

Notice too how fewcoins, another local troll, is playing good cop and Devils advocate to OP!
These shills are working together, or possibly the same person

Both are on my ignore list now
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