You guys gonna become paranoid about Ripple

sinner

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Quote from: Sukrim on June 30, 2014, 06:42:38 PM

It is under an ISC license, they even just need to fork everything. Paying someone to do that for one afternoon however probably already costs more than the XRP they'd need in their whole lifetime to use the existing Ripple network. I don't really see the appeal of forking off (which is stronger for pure "digital asset" systems like Bitcoin, which has been forked hundreds of times by now) but we'll see what the future brings.

control and risk.

Sukrim

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Well, the thing is: they maybe can - Ripple definitely can, as it is existing and live for ~1.5 years now.

Quote from: sinner on June 30, 2014, 05:18:58 PM

the ripple concept is a good idea, but Ripple the company sucks. Google Wallet, Facebook Wallet, and iWallet will all be building their own versions of Ripple.

It is under an ISC license, they even just need to fork everything. Paying someone to do that for one afternoon however probably already costs more than the XRP they'd need in their whole lifetime to use the existing Ripple network. I don't really see the appeal of forking off (which is stronger for pure "digital asset" systems like Bitcoin, which has been forked hundreds of times by now) but we'll see what the future brings.

SkRRJyTC

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Quote from: JoelKatz on June 30, 2014, 03:55:39 PM

Quote from: SkRRJyTC on June 30, 2014, 03:46:59 PM

Quote from: JoelKatz on June 30, 2014, 03:42:35 PM

Quote from: SkRRJyTC on June 30, 2014, 12:53:43 PM

I still dont know what ripple is.

It's a platform for issuing, redeeming, holding, transferring, and trading arbitrary assets.

BTC does all of this while being decentralized right?

No. Bitcoin allows you to hold and transfer BTC, but that's it. (Unless you build things like colored coins on top of it.)

Update: I guess it sort of issues it too.

As I understand it colored coins are just another protocol on top of BTC. It doesn't add centralization. So if colored coins can do it, BTC can do it.

sinner

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the ripple concept is a good idea, but Ripple the company sucks. Google Wallet, Facebook Wallet, and iWallet will all be building their own versions of Ripple.

Sukrim

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The issuing part of Bitcoin is a bit tricky though and hard to compare to Ripple, since it is not for arbitrary amounts and made difficult via PoW.

JoelKatz

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Democracy is vulnerable to a 51% attack.

Quote from: SkRRJyTC on June 30, 2014, 03:46:59 PM

Quote from: JoelKatz on June 30, 2014, 03:42:35 PM

Quote from: SkRRJyTC on June 30, 2014, 12:53:43 PM

I still dont know what ripple is.

It's a platform for issuing, redeeming, holding, transferring, and trading arbitrary assets.

BTC does all of this while being decentralized right?

No. Bitcoin allows you to hold and transfer BTC, but that's it. (Unless you build things like colored coins on top of it.)

Update: I guess it sort of issues it too.

SkRRJyTC

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Quote from: JoelKatz on June 30, 2014, 03:42:35 PM

Quote from: SkRRJyTC on June 30, 2014, 12:53:43 PM

I still dont know what ripple is.

It's a platform for issuing, redeeming, holding, transferring, and trading arbitrary assets.

BTC does all of this while being decentralized right?

JoelKatz

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Democracy is vulnerable to a 51% attack.

Quote from: SkRRJyTC on June 30, 2014, 12:53:43 PM

I still dont know what ripple is.

It's a platform for issuing, redeeming, holding, transferring, and trading arbitrary assets.

SkRRJyTC

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Quote from: SkRRJyTC on September 25, 2013, 10:10:34 AM

Quote from: ElectricMucus on September 25, 2013, 09:44:08 AM

Bump.

You guys are ripe, about as paranoid as a schizophrenic in police custody.

What is ripple?

I still dont know what ripple is. Still havnt panic sold for ripple.

What am I doing wrong EM?

Also Active Users:

/r/Bitcoin = 1,206 users here now
/r/dogecoin = 374

What flavor of the week should I be afraid of today bears?

DieJohnny

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Quote from: 5od0miz3r on January 20, 2014, 03:06:32 PM

Quote from: DieJohnny on January 20, 2014, 03:00:43 PM

What will be beyond funny is watching DOGE go ballistic in the next six months while LTC and BTC mope around and decide what they are going to do.

r/Bitcoin = 954 online now -> r/Litecoin = 130 online now -> r/Dogecoin = 823 online now

Uhhh i just checked r/dogecoin has 4800+ online right now

r/bitcoin has only 1300.....

four times the subreddit interest in two months....... and in six months...... and in one year.....

much excitement

DieJohnny

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Quote from: 5od0miz3r on January 20, 2014, 03:06:32 PM

Quote from: DieJohnny on January 20, 2014, 03:00:43 PM

What will be beyond funny is watching DOGE go ballistic in the next six months while LTC and BTC mope around and decide what they are going to do.

r/Bitcoin = 954 online now -> r/Litecoin = 130 online now -> r/Dogecoin = 823 online now

+1

subreddit for DOGE is slightly below BTC!!! WTH!!!!!!!!!!!!!!!!

5od0miz3r

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Quote from: DieJohnny on January 20, 2014, 03:00:43 PM

What will be beyond funny is watching DOGE go ballistic in the next six months while LTC and BTC mope around and decide what they are going to do.

No. BTC is first coin and winner coin. All other coins is JOKES but doge honest about JOKE. So DOGE take market cap from alts:

V FAST, MUCH CONFIRMS

Bitcoin = 10 min -> Litcoin = 2.5 min -> Dogecoin = 1 min

SO COINS, V RICH

Bitcoin = 21,000,000 BTC -> Litcoin = 84,000,000 LTC -> Dogecoin = 100,000,000,000 DOGE

SUCH COMMUNITY

r/Bitcoin = 954 online now -> r/Litecoin = 130 online now -> r/Dogecoin = 823 online now

doge-dice.com (trusted dooglus), doge-road (such highz), doge-tip bot (so generous)

LITECOIN SO SATURATE, DOGECOIN TO MOON

DieJohnny

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Quote from: 5od0miz3r on January 20, 2014, 02:34:49 PM

Quote from: DieJohnny on January 20, 2014, 02:17:14 PM

Ripple has lost 30% in the last couple months, and will continue to bomb out

I actually tried using Ripple and I failed. The markets and uses for Ripple are abysmal because nobody cares.

Dear God, why are their so many skeptics about DOGE at this point.

Much network hash rate - miners
Such youth adoption - turning BTC into Blackberry?
Very Volume!!!! - much investment

What will be beyond funny is watching DOGE go ballistic in the next six months while LTC and BTC mope around and decide what they are going to do.

5od0miz3r

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Quote from: DieJohnny on January 20, 2014, 02:17:14 PM

Ripple has lost 30% in the last couple months, and will continue to bomb out

I actually tried using Ripple and I failed. The markets and uses for Ripple are abysmal because nobody cares.

https://i.imgur.com/UlUU9x0.png

DieJohnny

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Quote from: Sukrim on January 20, 2014, 02:04:54 PM

Quote from: DieJohnny on January 20, 2014, 12:46:58 PM

Ripple has done nothing but plummet the last few months.

Ripple != XRP, the price is still quite stable in USD terms (though falling slowly there as well).
Actually it has been falling for a bit less than 2 months, if you got in before that, you have a ~100% or more profit still.

Quote from: montgolfier on January 20, 2014, 12:28:13 PM

Is there a list of sites accepting XRP floating about anywhere?

You can transparently use XRP at current market rates to pay at any place that accepts Bitcoins for example.

Ripple has lost 30% in the last couple months, and will continue to bomb out

I actually tried using Ripple and I failed. The markets and uses for Ripple are abysmal because nobody cares.

Sukrim

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Quote from: DieJohnny on January 20, 2014, 12:46:58 PM

Ripple has done nothing but plummet the last few months.

Ripple != XRP, the price is still quite stable in USD terms (though falling slowly there as well).
Actually it has been falling for a bit less than 2 months, if you got in before that, you have a ~100% or more profit still.

Quote from: montgolfier on January 20, 2014, 12:28:13 PM

Is there a list of sites accepting XRP floating about anywhere?

You can transparently use XRP at current market rates to pay at any place that accepts Bitcoins for example.

DieJohnny

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Ripple has done nothing but plummet the last few months. There is zero reason this coin is worth 2 billion and i am glad it was put back on Crypto market cap because it will accelerate the mass exodus from a coin that is going nowhere.

The number 1 reason this type of coin and NXT and QRK and any other coin will ultimately fail is because you cannot buy adoption, a community, an economy. You cannot purchase or acquire in any way the ecosystem that will make the coin actually worth more than zero.

Mined coins are ingenious because the ecosystem is organic, the ecosystem is first created by the miner and then others eventually join in to make a community.

Very similar to the gold mining era in the USA, huge communities would blossom overnight to support mining towns. The connected infrastructure created San Francisco.

However, you cannot buy a few hundred people put them in a town and wave your hands dramatically and say come here, come here, buy my gold!!

Everyone will laugh at you.

montgolfier

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Is there a list of sites accepting XRP floating about anywhere?

byronbb

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HODL OR DIE

Quote from: slothbag on January 18, 2014, 03:43:36 AM

Good lord, not only do we have a flood of copy-paste Bitcoin based coins, and the new Java software based coins, now we have coins that are simply made up ripple assets.. at least the copy and pasters had to do a little work.. how long does it take to create a ripple asset, all of about 10 seconds..

This is a feature in many respects.

slothbag

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Good lord, not only do we have a flood of copy-paste Bitcoin based coins, and the new Java software based coins, now we have coins that are simply made up ripple assets.. at least the copy and pasters had to do a little work.. how long does it take to create a ripple asset, all of about 10 seconds..

Topic: You guys gonna become paranoid about Ripple (Read 18652 times)