Author

Topic: Whatever happened to Ripple? (Read 1559 times)

hero member
Activity: 798
Merit: 1000
‘Try to be nice’
November 07, 2013, 12:57:01 AM
#15
And why is it worth so few BTC any more?

Maybe because Ripple is not usefull at all.
Or maybe more Ripples are given away, so people exchange it to BTC now.

Because it can not achieve a significant efficiency advantage inside a dynamic information system, and thus can not achieve perceptual advantage.
legendary
Activity: 2618
Merit: 1007
November 06, 2013, 07:12:42 PM
#14
https://www.google.com/search?q=bitcoin+scam - 4.6 million results

Also interesting: http://www.google.com/trends/explore?q=bitcoin+scam%2C+ripple+scam - new all time high soon? People for sure get more sceptical once the buzz grows larger.

Please show me how it is possible to scam anyone by holding a large amount of worthless assets that can only be traded on the free market - especially considering that BTC are in the same class of assets, just differently distributed than XRP... You won't get any XRP unless you either get them for free or buy them willingly, just like BTC.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
November 06, 2013, 05:09:35 PM
#13
Google Trend for Bitcoin, Ripple and USD (With forecast - - - - -)

legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
November 06, 2013, 05:02:17 PM
#12
I saw a claim on one thread that Ripple is now open source. I also saw a claim on the same thread that OpenWhateverTheirNameIs has reduced their XRP holdings from 50% to 25%.

I don't know whether to believe either claim.

Anyone? Where's JoelKatz when you need him? (I'd trust your reply, JoelKatz)
Ripple is now open source. Both the client and the server are available on Github. Opencoin is now Ripple Labs. We still hold a significant fraction of the XRP (over 70%), but our plan is to give away most of that, and that's what we've been doing. Ripple Labs has almost 30 employees working full time improving and promoting Ripple.

https://github.com/ripple/ripple-client
https://github.com/ripple/rippled
https://ripple.com/wiki/Introduction_to_Ripple_for_Bitcoiners#Distribution
legendary
Activity: 1061
Merit: 1001
November 06, 2013, 04:50:52 PM
#11
www.ripplescam.org

also think there are 100 BILLION of the suckers
legendary
Activity: 2618
Merit: 1007
November 06, 2013, 04:14:10 PM
#10
Ripple != XRP, it's a decentralized exchange and IOU marketplace.

XRP are imho a bad investment, even more than BTC (where ~10% are currently held by a single person) as there is an entity holding over 90% of the currency. They can be dumped at any time and are also given away for free regularly. Likely both the rising price for BTC (XRP are very easily tradeable for BTC) and the recent giveaways have pushed the price down both against BTC and USD.
newbie
Activity: 50
Merit: 0
November 06, 2013, 03:18:43 PM
#9
Thanks - I'll check it out. Anything to say on 50%/25% 'premine'?

Sorry, I have no insight to offer on that. I'm just focused on coding.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
November 06, 2013, 03:06:00 PM
#8
It's true, Ripple is open-source, the source code is on github and it is publicly accessible... check out http://www.github.com/ripple/rippled for the source!

Hopefully you can believe what your eyes show you Grin

Who ya gonna believe - me or your lying eyes?

Thanks - I'll check it out. Anything to say on 50%/25% 'premine'?
hero member
Activity: 504
Merit: 500
WTF???
November 06, 2013, 03:02:23 PM
#7
Wait till Jed sells it to Mark, then watch it climb back up.


lol... I have so many follow up questions regarding this statement.
newbie
Activity: 50
Merit: 0
November 06, 2013, 03:00:03 PM
#6
I saw a claim on one thread that Ripple is now open source. I also saw a claim on the same thread that OpenWhateverTheirNameIs has reduced their XRP holdings from 50% to 25%.

I don't know whether to believe either claim.

Anyone? Where's JoelKatz when you need him? (I'd trust your reply, JoelKatz)

I'm not as well-known as JoelKatz around here (mostly lurked) but perhaps you'll trust my reply re: open-sourcing of Ripple. It's true, Ripple is open-source, the source code is on github and it is publicly accessible... check out http://www.github.com/ripple/rippled for the source!

Hopefully you can believe what your eyes show you Grin
full member
Activity: 132
Merit: 100
Ripple
November 06, 2013, 02:27:23 PM
#5
Ripple Labs blog posts: https://ripple.com/blog/
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
November 06, 2013, 02:23:55 PM
#4
I saw a claim on one thread that Ripple is now open source. I also saw a claim on the same thread that OpenWhateverTheirNameIs has reduced their XRP holdings from 50% to 25%.

I don't know whether to believe either claim.

Anyone? Where's JoelKatz when you need him? (I'd trust your reply, JoelKatz)
legendary
Activity: 994
Merit: 1002
November 06, 2013, 12:55:27 PM
#3
And why is it worth so few BTC any more?

Maybe because Ripple is not usefull at all.
Or maybe more Ripples are given away, so people exchange it to BTC now.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
November 06, 2013, 12:52:00 PM
#2
And why is it worth so few BTC any more?

It was down to 5,000 Ripple to 1 BTC at one point...now it's about 35,000

Wait till Jed sells it to Mark, then watch it climb back up.

~TMIBTCITW
sr. member
Activity: 432
Merit: 500
November 06, 2013, 12:35:08 PM
#1
And why is it worth so few BTC any more?

It was down to 5,000 Ripple to 1 BTC at one point...now it's about 35,000
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