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Topic: Selling 425 000 ripples. (Read 1211 times)

full member
Activity: 168
Merit: 100
May 28, 2013, 03:32:02 AM
#25
I knew I would rattle some cages.  I like how nobody could reply with an answer for how this is supposed to be BETTER than the current way foreign currency is exchanged.  Still waiting for an explanation that will drive value for the general public, otherwise this is just a second rate exchange using Crypto coin # 345 or so, and there's 100 billion of em'. 

You do not seem to understand. Ripple allows you to exchange currencies directly with other users, without fees. You do CNY -> USD, NOT cny -> xrp -> usd.

Ripple is a clearance system, an IOU system, that supports multiple currencies, and which has build in markets/exchanges. XRP is a utility of that network, not a currency which you must proxy through.
newbie
Activity: 58
Merit: 0
May 27, 2013, 06:42:40 PM
#24

[/quote]


It's ok.... you'll understand in 6-12 months Smiley
[/quote]

I knew I would rattle some cages.  I like how nobody could reply with an answer for how this is supposed to be BETTER than the current way foreign currency is exchanged.  Still waiting for an explanation that will drive value for the general public, otherwise this is just a second rate exchange using Crypto coin # 345 or so, and there's 100 billion of em'. 
full member
Activity: 168
Merit: 100
May 27, 2013, 05:22:57 PM
#23
I'll match dvda2k's offer to sell you 425,000 for BTC60 - in fact I can give you 500,000 for BTC69
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
May 27, 2013, 05:10:11 PM
#22
As a guideline for bidding, mah87 could get BTC50 instantly by selling these on the market, and it would cost you BTC55 min to acquire this much XRP on the market.

Thus the pricing for a quick sale should be between 50-55 for this quantity, even though I think mah87 is a bit mad to be selling this much, when it's value is on the rise again and could easily hit BTC65 by the end of the week, or even 80 if one wall goes. It'd take a tremendous volume of XRP which doesn't really exist on the market to move the price below BTC45 for this quantity.

I agree with webr3's analysis. So I offer BTC50 for your 425k.

The only concerned is safety. Escrow is required.




if you offer 70btc I take it

I can give you 425,000 xrp for 60btc only.

You can flip it and get 10 free bitcoins. Grin

Don't know what are you talking about ... Roll Eyes

so... deal ... ? 70btc
full member
Activity: 123
Merit: 100
May 27, 2013, 04:35:24 PM
#21
Would you consider selling 500XRP to me for 0.1BTC?
full member
Activity: 140
Merit: 100
Troll of the Fourth Reich.
May 27, 2013, 04:21:10 PM
#20
9000/1btc PM ME MAH87!
newbie
Activity: 33
Merit: 0
May 27, 2013, 03:18:16 PM
#19
As a guideline for bidding, mah87 could get BTC50 instantly by selling these on the market, and it would cost you BTC55 min to acquire this much XRP on the market.

Thus the pricing for a quick sale should be between 50-55 for this quantity, even though I think mah87 is a bit mad to be selling this much, when it's value is on the rise again and could easily hit BTC65 by the end of the week, or even 80 if one wall goes. It'd take a tremendous volume of XRP which doesn't really exist on the market to move the price below BTC45 for this quantity.

I agree with webr3's analysis. So I offer BTC50 for your 425k.

The only concerned is safety. Escrow is required.




if you offer 70btc I take it

I can give you 425,000 xrp for 60btc only.

You can flip it and get 10 free bitcoins. Grin
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
May 27, 2013, 02:59:16 PM
#18
As a guideline for bidding, mah87 could get BTC50 instantly by selling these on the market, and it would cost you BTC55 min to acquire this much XRP on the market.

Thus the pricing for a quick sale should be between 50-55 for this quantity, even though I think mah87 is a bit mad to be selling this much, when it's value is on the rise again and could easily hit BTC65 by the end of the week, or even 80 if one wall goes. It'd take a tremendous volume of XRP which doesn't really exist on the market to move the price below BTC45 for this quantity.

I agree with webr3's analysis. So I offer BTC50 for your 425k.

The only concerned is safety. Escrow is required.




if you offer 70btc I take it
newbie
Activity: 33
Merit: 0
May 27, 2013, 02:55:07 PM
#17
As a guideline for bidding, mah87 could get BTC50 instantly by selling these on the market, and it would cost you BTC55 min to acquire this much XRP on the market.

Thus the pricing for a quick sale should be between 50-55 for this quantity, even though I think mah87 is a bit mad to be selling this much, when it's value is on the rise again and could easily hit BTC65 by the end of the week, or even 80 if one wall goes. It'd take a tremendous volume of XRP which doesn't really exist on the market to move the price below BTC45 for this quantity.

I agree with webr3's analysis. So I offer BTC50 for your 425k.

The only concerned is safety. Escrow is required.

full member
Activity: 168
Merit: 100
May 27, 2013, 02:18:00 PM
#16
Granson:    "You just have to download a Ripple wallet (step 1).  Then, you have to convert your Yen into Ripples (step 2).  Then, you have to find somebody that wants to convert USD to Ripples

Incorrect, you simply trade Yen to USD in ripple without touching XRP.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
May 27, 2013, 02:04:51 PM
#15

Overpriced  Smiley   At least, I think it is.  Everybody is jumping on the Ripple bandwagon, but just think about this:  they minted 100 BILLION of them.  And, the market is the same group of people that currently understand Bitcoin, probably, because you can't tell me that this conversation will go smoothly:

Grandson:  "Grandpa, when you convert your Yen to USD, you can use Ripple!"
Grandpa:    "Ok.  Let's do it.  What do I have to do?" 
Grandson:  "Well, its a little more complicated than going to the exchange like you usually do."
Grandpa:    "Really.  Why would I do that?"
Grandson:   "I don't know, but I think you can avoid exchange feels or something like that." 
Grandpa:    "Huh.  Okay." 
Granson:    "You just have to download a Ripple wallet (step 1).  Then, you have to convert your Yen into Ripples (step 2).  Then, you have to find somebody that wants to convert USD to Ripples (step 3).  Then, you have to move your money from your Ripple wallet to your bank account (step 4).  And Whammo!  You've just avoided .... Huh I don't know, but it's cool  Smiley
Grandpa:   "Uh, why don't we skip these steps, Timmy, and I'll just exchange directly with my bank as usual." 

So, in essence, my point is, Ripple doesn't add value to the current exchanging of fiat.  It's just a blatant attempt at trying to ride the coat-tails of Bitcoin, and make owners of crypto-currency able to convert it to fiat more easily.  Which is okay, I guess, but don't expect the true value of a Ripple to be anywhere close to ANY cryptocoin out there, even the new ones. 
 


It's ok.... you'll understand in 6-12 months Smiley
newbie
Activity: 58
Merit: 0
May 27, 2013, 01:41:42 PM
#14

Overpriced  Smiley   At least, I think it is.  Everybody is jumping on the Ripple bandwagon, but just think about this:  they minted 100 BILLION of them.  And, the market is the same group of people that currently understand Bitcoin, probably, because you can't tell me that this conversation will go smoothly:

Grandson:  "Grandpa, when you convert your Yen to USD, you can use Ripple!"
Grandpa:    "Ok.  Let's do it.  What do I have to do?" 
Grandson:  "Well, its a little more complicated than going to the exchange like you usually do."
Grandpa:    "Really.  Why would I do that?"
Grandson:   "I don't know, but I think you can avoid exchange feels or something like that." 
Grandpa:    "Huh.  Okay." 
Granson:    "You just have to download a Ripple wallet (step 1).  Then, you have to convert your Yen into Ripples (step 2).  Then, you have to find somebody that wants to convert USD to Ripples (step 3).  Then, you have to move your money from your Ripple wallet to your bank account (step 4).  And Whammo!  You've just avoided .... Huh I don't know, but it's cool  Smiley
Grandpa:   "Uh, why don't we skip these steps, Timmy, and I'll just exchange directly with my bank as usual." 

So, in essence, my point is, Ripple doesn't add value to the current exchanging of fiat.  It's just a blatant attempt at trying to ride the coat-tails of Bitcoin, and make owners of crypto-currency able to convert it to fiat more easily.  Which is okay, I guess, but don't expect the true value of a Ripple to be anywhere close to ANY cryptocoin out there, even the new ones. 
 
full member
Activity: 140
Merit: 100
Troll of the Fourth Reich.
May 27, 2013, 09:56:00 AM
#13
1b/11000

Ok just give me three reason. Why should I sell at this price?

highest offer

immediate sale

trustworthy trade partner

I'm not sure cause I'm looking at the bitstamp market right now.... I think you try to abuse me like a stupid middle man you are. Go away fucker.
Why don't you go to bitstamp then?  Fucker.

Hey please dont call him that, If you call him that you might as well call yourself one too.
legendary
Activity: 1092
Merit: 1001
Touchdown
May 27, 2013, 09:09:10 AM
#12
1b/11000

Ok just give me three reason. Why should I sell at this price?

highest offer

immediate sale

trustworthy trade partner

I'm not sure cause I'm looking at the bitstamp market right now.... I think you try to abuse me like a stupid middle man you are. Go away fucker.
Why don't you go to bitstamp then?  Fucker. Wink
full member
Activity: 168
Merit: 100
May 27, 2013, 08:41:57 AM
#11
As a guideline for bidding, mah87 could get BTC50 instantly by selling these on the market, and it would cost you BTC55 min to acquire this much XRP on the market.

Thus the pricing for a quick sale should be between 50-55 for this quantity, even though I think mah87 is a bit mad to be selling this much, when it's value is on the rise again and could easily hit BTC65 by the end of the week, or even 80 if one wall goes. It'd take a tremendous volume of XRP which doesn't really exist on the market to move the price below BTC45 for this quantity.
full member
Activity: 140
Merit: 100
Troll of the Fourth Reich.
May 27, 2013, 07:22:45 AM
#10
Hey can we do 9500/1btc? make me an offer
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
May 26, 2013, 08:27:11 PM
#9
1b/11000

Ok just give me three reason. Why should I sell at this price?

highest offer

immediate sale

trustworthy trade partner

I'm not sure cause I'm looking at the bitstamp market right now.... I think you try to abuse me like a stupid middle man you are. Go away fucker.
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
May 26, 2013, 08:25:12 PM
#8
1b/11000

Ok just give me three reason. Why should I sell at this price?

highest offer

immediate sale

trustworthy trade partner
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
May 26, 2013, 08:06:39 PM
#7
1b/11000

Ok just give me three reason. Why should I sell at this price?
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
May 26, 2013, 08:02:13 PM
#6
1b/11000
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