Topic: [XRP] Ripple Speculation - page 374. (Read 637342 times)
As always Joel Katz backs Ripple, spends his precious time to reply on articles that are written by complete idiots, here is his answer: https://www.xrpchat.com/topic/7151-coindesk-versus-ripple/?page=2#comment-68228
XRP is a top coin, i believe it will grow big in few years.
Fuck, I think Ripple should be paying us for defending from the nob Zoombie attack.
........ The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.
And.... more bullshit.
You have no idea of how Ripple will distribute or USE THESE COINS. The future is not here yet.
Dude, lets concentrate on a good things, events page was updated: https://ripple.com/events/
Ripple is not finished this year!
I say that ripple has maybe not do well intentions like linus torvalds. Linus Torvalds has undoubtedly created a few very nice things. I hope you don't want to say that he has bad intentions
. Anyway last post here Go and educate yourself, than come back and see all that nonsense you wrote.
........ The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.
And.... more bullshit.
You have no idea of how Ripple will distribute or USE THESE COINS. The future is not here yet.
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
I am not an IT but i am asking myself - If you are correct why many Japanese banks are willing to use RIPPLE (also trying to expand in China and South Korea) - are they so stupid to loose money which they are invested.
Furthermore, XRP is not bitcoin and cannot be mined.
Please stop posting things and phrases which you cannot back up.
The truth about cryptocurrency is <1% has any clue of whats going on there. It's the perfect place for marketing-scams (fact) for system that do not work. I'll stop posting anyway (not because you said
), but I continue reading. I'll also take a look at the validating servers in the future. Such a frustrating coin to buy, I do believe it will have another big run at some point. The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.
Unreal... all these nobs come out of the woodwork to say stupid things about Ripple.
I wonder if this means BOOM time is about to come our way???
I wonder if this means BOOM time is about to come our way???
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
First of all, Linus Torvalds. He did not look money for Linux, but got money from Support e.g. Trainings, certification, consultancy etc. anyway, if you look, you will find how they own money.
I say that ripple has maybe not do well intentions like linus torvalds. Linus Torvalds has undoubtedly created a few very nice things. I hope you don't want to say that he has bad intentions
. Anyway last post here what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
First of all, Linus Torvalds. He did not look money for Linux, but got money from Support e.g. Trainings, certification, consultancy etc. anyway, if you look, you will find how they own money. Like with so called decentralisation, there are no "Free Software", there are just different ways of doing money.
Again, you like idiot keep saying "Printing money". No one prints money, stop showing yourself stupid. Unless somebody gives you money for that.
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
I am not an IT but i am asking myself - If you are correct why many Japanese banks are willing to use RIPPLE (also trying to expand in China and South Korea) - are they so stupid to loose money which they are invested.
Furthermore, XRP is not bitcoin and cannot be mined.
Please stop posting things and phrases which you cannot back up.
The truth about cryptocurrency is <1% has any clue of whats going on there. It's the perfect place for marketing-scams (fact) for system that do not work. I'll stop posting anyway (not because you said
), but I continue reading. I'll also take a look at the validating servers in the future. what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
I am not an IT but i am asking myself - If you are correct why many Japanese banks are willing to use RIPPLE (also trying to expand in China and South Korea) - are they so stupid to loose money which they are invested.
Furthermore, XRP is not bitcoin and cannot be mined.
Please stop posting things and phrases which you cannot back up.
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
No I do not understand. But I can code and I have a programmers view on things. And ripple has centralized servers that for sure not run the open source software. Exchanges as of my understanding have just a wallet like everybody else and do issue IOUs. So why should a exchange be able to stop Ripple from printing themselves money?
If that open source software would work everybody could just take it, improve it and go to banks and say I'm the better ripple. A company that money with his stuff will not open source it's code. Linux Torvalds never took money for Linux as far as I know. I don't know why you cant see the problem here.
yeah ripple is open source and? And who tells you that the servers run that software. Nobody? Ehh guess what that means.
nothing can be changed per the protocol's rules
Furthermore that it is open source does highly indicate that something is wrong about ripple.
why? tesla is open-sourced, does that highly indicate something wrong with them? (answer: no)
I read the whole article but the benefits of ripple are worth nothing if they can eg. print themselves money. Run other software on their servers then what is on github. This is maybe a marketing gag, beacuse people me including have no clue of this highly complex envirmonment and ripple nails that. Maybe it's a huge scam, I woul dnot be surprised.
what are you talking about - "print money themselves"? judging by your post count (and everything else you've said), i'm going to assume you lack an understanding of ripple as a company and what's actually happening in general. please do more research before stating bogus claims.
Is it true that the Ripple company could basically release new coins whenever they like? Isn't this quite centralized then?
No. There is no way in the protocol to say "I just created 50,000 coins out of nowhere". The software is open source, you can check it out yourself.Even if you want to argue that our servers might run some other software, that wouldn't matter, because nobody else's servers (like exchanges and explorers) would listen to us if we told them that a transaction had made funds appear out of nowhere.
You can check out the software yourself. Not only is there no way to say that coins were created out of nowhere, there is explicit code that checks for this condition and reject it just in case a bug or subterfuge let through some way to do it:
https://github.com/ripple/rippled/blob/develop/src/ripple/app/tx/impl/InvariantCheck.cpp#L25-L81
The only thing you can't do with deterministic rules is ensure that everyone tries to execute transactions in the same order. That is the key function of validators.
Is it true that the Ripple company could basically release new coins whenever they like? Isn't this quite centralized then?
This is not true, they only have 100B in total supply. 55B will be locked EOY.
A coin of bullshit that cost me thousands of dollars,i will no longer believe the news about RIPPLE be it DUMP or JUMP
Look at the current RIPPLE price
Have you checked the pric of the other top 10 currencies?Look at the current RIPPLE price
From his answers you can bet, that he is not able to do anything, just swearing.
Ripple had it's MEGA BULL RUN, but you know how it is , what goes up must come down.
This is very much the case with this centralized coin . I learned it also the hard way:
NEVER BUY IN THE HYPE
Simple but effective
Golden rule, but FOMO is something that you have psychologically resist.
Furthermore that it is open source does highly indicate that something is wrong about ripple. They surely don't do it because of the open source sense (like Linux Linus Torvalds "I believe open source is the only way you can develop software"). I tell you something is wrong there for sure.
If you have XRP sell then.
I did not ask for your opinion.
It was sharing information not to make you buy XRP.
And you'd better read the whole article and make your moves not take one sentence from context.
I read the whole article but the benefits of ripple are worth nothing if they can eg. print themselves money. Run other software on their servers then what is on github. This is maybe a marketing gag, beacuse people me including have no clue of this highly complex envirmonment and ripple nails that. Maybe it's a huge scam, I woul dnot be surprised.
I think that same applies to any current crypto coin? Don't? Nothing is truly decentralised, wake up. Secondly, you still keep loud on Ripple printing money, but to be that loud, you have to provide facts. Where are they?
Is Ripple a money printing machine?
1) Seriously who tells out that they do not give themselves more XRP since it's centralized? They can literally print themeselves money and change it to dollars. I see why banks like that.
2) Nobody even knows if they really use XRP internal, since it seems suboptimal to other systems. Furthermore XRP price is highly volatile, I don't see that Banks would like that. If the don't use it internal XRP would be worth nothing.
3) Why should XRP be worth more if Ripple gets more banks partners? I mean it's purpose (ripple claims they use it in their process) is not affected at all by that.
1.there is certain amount of XRP in the market. Also the 55 villions will be locked in ESCOW account and will be sold slowly. FYI eth does not have a number you can make as much eth as you want. 1) Seriously who tells out that they do not give themselves more XRP since it's centralized? They can literally print themeselves money and change it to dollars. I see why banks like that.
2) Nobody even knows if they really use XRP internal, since it seems suboptimal to other systems. Furthermore XRP price is highly volatile, I don't see that Banks would like that. If the don't use it internal XRP would be worth nothing.
3) Why should XRP be worth more if Ripple gets more banks partners? I mean it's purpose (ripple claims they use it in their process) is not affected at all by that.
2.banks will need an intermediate coin iin order to make fast transactions. this is due to the cost of change from one cureency to other, its not like exchanging likes in facebook, you have cental banks, regulations and so on.
3. More banks mean more transaction more tranactions mean more ripple.
the volatility... i see ripple not that volatile like the other cryptos .
1) what tells you that they are not printing themeselves money with giving themselves more and more coins.
2) This article says something different: http://www.coindesk.com/ripples-xrp-giving-third-largest-cryptocurrency-second-look/
3) You mean because there are less ripple because they get destroyed.
1. Re-read point 1 by cretanicious and look on what you wrote. You wrote absolute nonsense.
2. The article is full of lie that is already shocked community, same you can read https://ripple.com/insights/nine-things-need-know-xrp/
3. I have not seen XRP going from 0.25c to 0.02c in one minute, I might wrong, feel free to prove it.
A coin of bullshit that cost me thousands of dollars,i will no longer believe the news about RIPPLE be it DUMP or JUMP
Look at the current RIPPLE price
Have you checked the pric of the other top 10 currencies?Look at the current RIPPLE price
From his answers you can bet, that he is not able to do anything, just swearing.
Ripple had it's MEGA BULL RUN, but you know how it is , what goes up must come down.
This is very much the case with this centralized coin . I learned it also the hard way:
NEVER BUY IN THE HYPE
Simple but effective
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