Author

Topic: XRP < 10000 per BTC!!! Ripple bubble is on! (Read 1192 times)

legendary
Activity: 1199
Merit: 1012
yes, that's why I've put "premined" in quotes
sr. member
Activity: 350
Merit: 250
I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself

I like Ripple too. Great technology and idea!

I see some major risks though. XRP is "100% premined" and its supply will be ~5K times larger than BTC supply, so if both currencies are successful, 5000 ripples/btc should be a fair price.

But XRP is far from being as adopted as Bitcoin yet, it is still a proprietary software and nobody knows how its "premined" ripples will be distributed, this is a major factor of risk.

So to my mind it is a bubble currently, it shouldn't be comparable to ~5K XRP per BTC (yet), but maybe in several years it will be.

Though I am not an Oracle, could be mistaken Smiley

premined probably isnt accurate as there's no mining ... it's more like an IPO where you have an allocation of shares that get distributed and sold ... what's interesting is whether the consensus algorithm could possibly used to issue more shares later ... im currently unsure on this one, it will be interesting to look at the server code when it comes out
legendary
Activity: 1199
Merit: 1012
I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself

I like Ripple too. Great technology and idea!

I see some major risks though. XRP is "100% premined" and its supply will be ~5K times larger than BTC supply, so if both currencies are successful, 5000 ripples/btc should be a fair price.

But XRP is far from being as adopted as Bitcoin yet, it is still a proprietary software and nobody knows how its "premined" ripples will be distributed, this is a major factor of risk.

So to my mind it is a bubble currently, it shouldn't be comparable to ~5K XRP per BTC (yet), but maybe in several years it will be.

Though I am not an Oracle, could be mistaken Smiley
hero member
Activity: 546
Merit: 500
I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself
hero member
Activity: 546
Merit: 500
I got dividendrippler's address to work, but they posted their ripple on their main site so it was better

Add Bitstamp to your contacts and grant trust:
https://ripple.com/client/#/login?to=rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B&name=Bitstamp&tab=trust

Thanks! I got it to work, I understand now
full member
Activity: 224
Merit: 100
I wish people would stop pumping this proprietary non-coin trash start-up.
legendary
Activity: 1199
Merit: 1012
I got dividendrippler's address to work, but they posted their ripple on their main site so it was better

Add Bitstamp to your contacts and grant trust:
https://ripple.com/client/#/login?to=rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B&name=Bitstamp&tab=trust
hero member
Activity: 546
Merit: 500
wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

Here is my list: https://bitstamp.com, https://dividendrippler.com, https://weexchange.co, https://justcoin.com

thanks, I have that list too, but when I type in "bitstamp" on ripple it says "not a valid ripple address or contact" so I don't have the information I need


I got dividendrippler's address to work, but they posted their ripple on their main site so it was better
legendary
Activity: 1199
Merit: 1012
wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

Here is my list: https://bitstamp.com, https://dividendrippler.com, https://weexchange.co, https://justcoin.com
hero member
Activity: 546
Merit: 500
where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???

https://ripple.com/client


okay thanks

wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

this is the kind of information that needs to be available without having to spend 30 minutes searching google and different forums, if these things want *any* kind of real adoption
legendary
Activity: 1199
Merit: 1012
where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???

https://ripple.com/client
hero member
Activity: 546
Merit: 500
where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???
legendary
Activity: 2632
Merit: 1023
The rate at BS is 1USD = 50XRP

thats about twice as much as you can buy XRP for inside ripple

If you want some cheaper XRP let me know
hero member
Activity: 860
Merit: 1004
BTC OG and designer of the BitcoinMarket.com logo
The rate at BS is 1USD = 50XRP
legendary
Activity: 2632
Merit: 1023
where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now
legendary
Activity: 2772
Merit: 1028
Duelbits.com
definitely, that guy who was buying them first here will bank hard. Good job it was, he's now some 800% good on giveaway pack he got from me.
hero member
Activity: 546
Merit: 500
where do you get this information, I would like to see live market depth and price history
hero member
Activity: 574
Merit: 500
I'm waiting for the 1000xrp per 1btc price. This should be next month.
legendary
Activity: 2632
Merit: 1023
I have watched XRP go from over 80K per btc to about 9K per BTC.

the XRP bubble/swing is on!!!!
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