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Topic: Selling Ripples at Bitmit! (Read 3848 times)

newbie
Activity: 4
Merit: 0
May 24, 2013, 11:20:54 PM
#51
Speculation purely, but if it gets adopted it could be a good system
newbie
Activity: 7
Merit: 0
May 24, 2013, 10:58:10 PM
#50
When is the next ripple giveaway?
newbie
Activity: 10
Merit: 0
May 24, 2013, 07:43:27 PM
#49
I cant buy ripple cause I cant establish trust. I cant establish trust cause I cant buy ripple...      Undecided
newbie
Activity: 4
Merit: 0
May 24, 2013, 07:32:32 PM
#48
Is anybody getting on the ripple train?  ie the start my ripple thing.  I'm on but cant get people into it.
newbie
Activity: 42
Merit: 0
May 24, 2013, 06:18:15 PM
#47
Still selling Ripples head on over to https://www.bitmit.net/en/item/29024-2500-xrp-ripples

Cheapest on the market!

do you work for opencoin?
newbie
Activity: 42
Merit: 0
May 23, 2013, 11:38:49 AM
#46
Hello, i have 5 rippln invitations. Who want's one of them just post your email address to PM and i wil send one Smiley      

Just 3 invitations left Smiley Hurry up and send your email to my PM and i will send you one of the left invitations Smiley                       
newbie
Activity: 14
Merit: 0
May 01, 2013, 03:50:46 AM
#45
Still selling Ripples head on over to https://www.bitmit.net/en/item/29024-2500-xrp-ripples

Cheapest on the market!
newbie
Activity: 41
Merit: 0
April 28, 2013, 08:54:38 AM
#44
ruffles have ridges?
newbie
Activity: 14
Merit: 0
April 28, 2013, 07:32:56 AM
#43
Hey guys PM me if anyone wants to buy some off of me at bitmit. Right now people are posting ridiculous prices, you can see for yourselves and compare with my links.
newbie
Activity: 42
Merit: 0
April 26, 2013, 11:41:03 PM
#42
Ripples are nice because when you send some to another person with a Ripple address, it takes about 1 second not one hour or longer like with Bitcoin.   

Just hope you do your homework about the downsides of Ripple before using it extensively.  The company would be more successful if they completely remove the concept of Ripple currency from the picture.
newbie
Activity: 6
Merit: 0
April 26, 2013, 10:29:31 PM
#41
This is cool and I want to make an account at bitmit as well.  I wonder how complicated it is.
newbie
Activity: 6
Merit: 0
April 26, 2013, 10:09:32 PM
#40
Ripples are nice because when you send some to another person with a Ripple address, it takes about 1 second not one hour or longer like with Bitcoin.   
newbie
Activity: 42
Merit: 0
April 26, 2013, 09:27:19 PM
#39
I like Ripples. You can also buy them at Bitstamp for .0044 each.  Bitstamp is my favorite Ripple gateway.

Why do you like Ripples?  Or are you trying to change the subject?
newbie
Activity: 7
Merit: 0
April 26, 2013, 09:22:02 PM
#38
I like Ripples. You can also buy them at Bitstamp for .0044 each.  Bitstamp is my favorite Ripple gateway.
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
April 26, 2013, 09:21:31 PM
#37
2) I can convert BTC to USD without going through an intermediary currency that aims to compete with BTC.  
Ripple has direct exchanges between arbitrary currency pairs.
newbie
Activity: 42
Merit: 0
April 26, 2013, 09:07:39 PM
#36

There was a time when the vast majority of mined Bitcoins were own by those who had been given early access.

Do you have any link or evidence that somebody was given early access to BTCs?  The way BTC works is you get a reward for each block that's mined.  This is built into the BTC protocol. 

Ripples were created by your Company saying, ok, we start with this number of Ripples.  There is nothing in your protocol that forces you to not change your number.  And also the number by which you destroy Ripples for each transaction.  You have no built in trust whatsoever.  Please correct me if I'm wrong because I would love to hear your counterargument.


Satoshi could have kept Bitcoin closed. He could have sold mining contracts. He could have kept the code secret. But he didn't. And because he didn't, his Bitcoins are worth more today than they ever would have been under a closed model. We may be selfish, but we're definitely not stupid.

Are you trying to undermine my trust in myself and my own computer?  Satoshi did not sell mining contracts because he wanted his idea for a virtual currency to succeed.  It is succeeding because it is just an idea & system that depends on its users including me and you.  it's not logical for me to not trust myself.

It is logical for me to not trust your company.
newbie
Activity: 42
Merit: 0
April 26, 2013, 08:43:48 PM
#35
I am very skeptical about Ripple, the difference is that the company OpenCoin owns the supply of it.  They are giving them away on this forum to try to enter the market that has been created by Bitcoin.  You need to be able to trust OpenCoin if you are going to store your wealth in Ripples.  How does one trust an corporation that is designed to make it's investor's wealthy?
Don't store your wealth in Ripples then. Use Ripple as a payment network and currency exchange and store your wealth in whatever currency has the properties you like. I completely agree that there's huge risk associated with using XRP as a currency now. (There's huge risk with Bitcoin too, but that's another story.)

1) I won't use Ripples because I don't want to undermine BTC.  Decentralized currencies now have a fleeting shot at "making it" and I want to maximize that by supporting the top currency.  I am going with the market leader just like I use Facebook and not Google+.
2) I can convert BTC to USD without going through an intermediary currency that aims to compete with BTC.  
3) Once Paypal adopts BTC, it's over for the Ripple payment system.

If I could offer your company some feedback, please help BTC instead of trying to undermine it.  One place you can help is by going through the paperwork to become a lending facility for BTC.  Become a BTC bank and help deal with the deflationary spiral issue in 2140.
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
April 26, 2013, 08:27:41 PM
#34
I am very skeptical about Ripple, the difference is that the company OpenCoin owns the supply of it.  They are giving them away on this forum to try to enter the market that has been created by Bitcoin.  You need to be able to trust OpenCoin if you are going to store your wealth in Ripples.  How does one trust an corporation that is designed to make it's investor's wealthy?
Don't store your wealth in Ripples then. Use Ripple as a payment network and currency exchange and store your wealth in whatever currency has the properties you like. I completely agree that there's huge risk associated with using XRP as a currency now. (There's huge risk with Bitcoin too, but that's another story.)

Quote
No central entity owns the supply of Bitcoin.
Today, but that was not always true. There was a time when the vast majority of mined Bitcoins were own by those who had been given early access. This may be true of XRP some day or it may not. If you think that's a necessary property for a currency, then don't use XRP as a currency. We're not asking you to. We're promoting Ripple as a payment network.

Satoshi could have kept Bitcoin closed. He could have sold mining contracts. He could have kept the code secret. But he didn't. And because he didn't, his Bitcoins are worth more today than they ever would have been under a closed model. We may be selfish, but we're definitely not stupid.
newbie
Activity: 42
Merit: 0
April 26, 2013, 08:25:41 PM
#33
do you guys really think ripple going to be big? There is a company behind this and thats unlike bitcoin, is it?
There are lots of companies behind Bitcoin. Mt Gox, for example, has a huge incentive to see Bitcoin adoption grow.

Could be, couldn't be who knows.  The way I look at it, is it's free to join and pursue, so why not?  Do you want an invite code? 
What?!


I am very skeptical about Ripple, the difference is that the company OpenCoin owns the supply of it.  They are giving them away on this forum to try to enter the market that has been created by Bitcoin.  You need to be able to trust OpenCoin if you are going to store your wealth in Ripples.  How does one trust an corporation that is designed to make it's investor's wealthy?

No central entity owns the supply of Bitcoin. 
member
Activity: 85
Merit: 10
Fortune favors the bold and brave
April 26, 2013, 01:27:21 PM
#32
The Ripple interface trading platform is currently closed at the moment, it will open when the program is no longer in beta mode.

I sold XRP for bitcoin earlier this week. Has it recently closed?

EDIT: Just checked, the exchange for XRP/BTC is working.
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