Topic: So Ripple is becoming mainstream, where are the other alts? - page 2. (Read 2210 times)

Yes. Ripple is centralized and completely controlled by a single organization. Basically, it's like an anti-bitcoin network.

http://en.wikipedia.org/wiki/Ripple_Labs

Isn't ripple centralised? This is pretty much giving up what we started, and that was INDEPENDENT transactions , NOT regulated fee for service hucksters!

Ripple is a great project and I'm happy that they closed this deal. It's a very good sign that financial institutions are starting to use it.

Everybody beware of the liar.

Yes I am talking about the Ripple protocol, not Ripples (XRP).

This is a huge deal for Ripple.  If Ripple can get a few major banks from the top 20 countries as a start, I think it could really build momentum and take over as a payment system.  I am a big fan of bitcoin and own a lot of bitcoin and only a pinch of XRP.  There really isn't much point in owning XRP though in the same way people want to own bitcoin.  XRPs main benefit and really only benefit to me is just as an antispam taxing measure.  People call Ripple a scam because XRP is all premined, but they are missing the point.  XRP isn't really suppose to be worth much anyway and is just used to facilitate transaction fees, so really who cares who owns it; it just means they owners of the xrp own a whole lot of nothing.  It is the Dollar, Euro, RMB, Gold, Silver, bitcoin ect. in the system that is suppose to be valuable.  Until now there weren't enough big banks willing to support the platform, but if Ripple gets more, it could really turn into an amazing platform for making transactions.  The tech as far as capability and uses is sooooooo far more advanced than bitcoin in just about every way.  The problem is that it doesn't hold true to the completely decentralized ideal that bitcoin was built on, but instead settles for distributed.  Ripple can really hurt bitcoin if it gets more big players playing into its system.  Right now nobody wants to play because nobody else uses it, but how can they get people to use it if nobody wants to play.  It is the huge boot strapping dilemma.  

Ripple is constantly decreasing in value...I guess just like btc at this point...

Just waiting for the day when the Ripple price rises to 1$. Personally I put Ripple on the same level as BTC.

You're talking about Ripple payment protocol. Which is different from Ripple the coin. But it could still be a boost for the coin Ripple I guess.

This is great news for entire crypto community. Finally financial institution as gotten on board

Wow, thanks for that info !
Maybe the price should scyrocket now ??

Please stop misleading noobs to a site written by a known and publicly humiliated SCAMMER. That site is the scam and has been debunked numerous times. Ripple is now implemented into a legitimate banking infrastructure. But why do I bother? I want people like you to miss the boat. Ripple is just too complicated for some people to understand so they let scammers (TradeFortress) brainwash them.

Ripplescam.org

https://ripple.com/ripple-mm.pdf

http://www.coindesk.com/fidor-becomes-first-bank-to-use-ripple-payment-protocol/


Ripple is looking pretty legitimate right now