Topic: Ripples...How Do I buy them? (Read 1069 times)
dancupid: Could you also send me 300 XRPs?
HI guys, im a newbie, looking for someone to loan me 300 XRP for ripple. Will repay as soon as i
am able to use ripple and fund my account. My address is
rHgsvDdRad32AENCW2Rfqst4y1aq3hMKqa
thank you in advance!!
am able to use ripple and fund my account. My address is
rHgsvDdRad32AENCW2Rfqst4y1aq3hMKqa
thank you in advance!!
rMZn1XGMrovbYiTWYnTDXsJAwNT1soao7e
thanks! very kind of you
thanks! very kind of you
Ripples sent - enjoy!
rMZn1XGMrovbYiTWYnTDXsJAwNT1soao7e
thanks! very kind of you
thanks! very kind of you
how do i get this 300 xrp to start up?
Give me your ripple address and I'll send you 300
So it would seem from what I am reading that Ripples are going to be more stable than Bitcoin...anyone think there is going to be a mass selloff/trade of Bitcoin for Ripples?
Stable currencies do not increase in value the way Bitcoin has over the last several months, which increases the chances of a crash in its value. One of the points made in the Economist article I cited above is that, if Ripple gains traction, it would likely cause a big drop in Bitcoin value.
how do i get this 300 xrp to start up?
IMO Ripple is inherently flawed with it's instant creation and centralization of money supply. Proxying transactions doesn't add much, if any, benefit to today's marketplace -- we already have services to exchange with (albeit with high fees).
You can ignore their money supply - you just need 300xrp to start with and then you can make hundreds of thousands of transactions in whichever currency you choose.
It's potentially an open source p2p distributed network for moving funds (potentially being the key word)
IMO Ripple is inherently flawed with it's instant creation and centralization of money supply. Proxying transactions doesn't add much, if any, benefit to today's marketplace -- we already have services to exchange with (albeit with high fees).
Recent article in Economist about Bitcoin gives some background about Ripple: http://www.economist.com/news/finance-and-economics/21576149-even-if-it-crashes-bitcoin-may-make-dent-financial-world-mining-digital
Ripples seem like they're going to be a proxy currency for escrowing and transferring other currencies.
So it would seem from what I am reading that Ripples are going to be more stable than Bitcoin...anyone think there is going to be a mass selloff/trade of Bitcoin for Ripples?
Ripple has a built in exchange for many currencies.
The bitstamp.com exchange is also functioning as a gateway to ripple.
Transfer some bitcoins (or dollars) to your bitstamp account.
Withdraw your bitcoins from bitstamp to your Ripple address.
Click the advanced tab in ripple and click trade.
Choose btc/xrp (or usd/xrp) from the drop down.
Click 'sell btc'
Place an order.
You'll then have the ripples you bought in your ripple account. I think you need 300xrp to start though.
edit - at some point you need to add bitstamp's ripple address, I forget at which step - it's obvious when you go through the process.
The bitstamp.com exchange is also functioning as a gateway to ripple.
Transfer some bitcoins (or dollars) to your bitstamp account.
Withdraw your bitcoins from bitstamp to your Ripple address.
Click the advanced tab in ripple and click trade.
Choose btc/xrp (or usd/xrp) from the drop down.
Click 'sell btc'
Place an order.
You'll then have the ripples you bought in your ripple account. I think you need 300xrp to start though.
edit - at some point you need to add bitstamp's ripple address, I forget at which step - it's obvious when you go through the process.
you buy them while they are unheard of from the masses
you can buy them at ripple.com but you need an account that can trade which i think requires you to have 300 XRP (which you can send back to the person that sends them to you)
Not sure about ripple so far. Lots of hype in a lot of 'Coin' startups such as opencoin, Ripple etc. However, since it's tied to BTC I don't see any 'early adopter' advantage really.
there doesnt seem to be a MtGox-type exchange to convert USD to Ripples yet. but it seems easy enough to convert BTC into XRP through bitstamp.
i imagine that there will be an exchange here shortly, or i guess in the Ripple world we would call this a "Gateway".
i imagine that there will be an exchange here shortly, or i guess in the Ripple world we would call this a "Gateway".
Ripple is its own exchange. Once you are in, you can use it to buy more XRP.
plenty of people are selling their stacks of 29,800 ripple. i sold mine off for some btc. was a pretty smooth transaction.
there doesnt seem to be a MtGox-type exchange to convert USD to Ripples yet. but it seems easy enough to convert BTC into XRP through bitstamp.
i imagine that there will be an exchange here shortly, or i guess in the Ripple world we would call this a "Gateway".
i imagine that there will be an exchange here shortly, or i guess in the Ripple world we would call this a "Gateway".
so no way to directly buy them yet?
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