You guys gonna become paranoid about Ripple - page 3.

railzand

sr. member

Activity: 462

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Lux e tenebris

Quote from: ElectricMucus on January 11, 2014, 04:56:19 PM

Quote from: railzand on January 11, 2014, 04:47:47 PM

tl;dr how do I mine nipples and is it worth it?

Hopefully you will only ever have two nipples! The wcg giveaway can be discussed here

You could've just said 'you can't' and 'no' instead of sending me off to some forum full of people moaning about how shit their returns are

HairyMaclairy

legendary

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Degenerate bull hatter & Bitcoin monotheist

Quote from: ElectricMucus on January 11, 2014, 04:15:26 PM

Quote from: HairyMaclairy on January 11, 2014, 04:03:26 PM

What is with the Ripple fanboys and their relentless need to post about Ripple all over the bitcoin forums. It's almost like they are trying to pump up the value of XRP.

I remember this rhetoric before Litecoin became big, and those who used it are now too butthurt to even post on the forums....

I'm willing to gamble that any system that allows people's money to be taken away without their consent or knowledge will never become big.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: railzand on January 11, 2014, 04:47:47 PM

tl;dr how do I mine nipples and is it worth it?

Hopefully you will only ever have two nipples! The wcg giveaway can be discussed here

railzand

sr. member

Activity: 462

Merit: 250

Lux e tenebris

tl;dr how do I mine nipples and is it worth it?

gentlemand

legendary

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Merit: 3056

Welt Am Draht

Understanding Bitcoin compared to this is a total doss. I've read plenty about Ripple and still don't have much of a clue.

Perhaps in the future people will use it without knowing but it's of zero interest to me and it would give the average person a stroke if they attempted to master it. May whoever does throw some money at it profit nicely.

ElectricMucus

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Marketing manager - GO MP

Quote from: bassclef on January 11, 2014, 04:33:05 PM

Quote from: HairyMaclairy on January 11, 2014, 04:03:26 PM

What is with the Ripple fanboys and their relentless need to post about Ripple all over the bitcoin forums. It's almost like they are trying to pump up the value of XRP.

The ignore button is a useful feature.

If you are posting in a thread created by somebody you are committed to ignore you are doing it wrong.

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: HairyMaclairy on January 11, 2014, 04:03:26 PM

What is with the Ripple fanboys and their relentless need to post about Ripple all over the bitcoin forums. It's almost like they are trying to pump up the value of XRP.

The ignore button is a useful feature.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: HairyMaclairy on January 11, 2014, 04:03:26 PM

What is with the Ripple fanboys and their relentless need to post about Ripple all over the bitcoin forums. It's almost like they are trying to pump up the value of XRP.

I remember this rhetoric before Litecoin became big, and those who used it are now too butthurt to even post on the forums....

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

What is with the Ripple fanboys and their relentless need to post about Ripple all over the bitcoin forums. It's almost like they are trying to pump up the value of XRP.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: pbody on January 11, 2014, 02:42:33 PM

Quote from: ElectricMucus on January 11, 2014, 12:56:53 PM

Just so you guys get a hint on what's happing the ripple labs team does now 50% of world community grid crunching

and how are they doing this?

They pay everybody who participates a fraction of 1,250,000 xrp every day, which essentially becomes "mining" for xrp.

pbody

full member

Activity: 198

Merit: 100

Quote from: ElectricMucus on January 11, 2014, 12:56:53 PM

Just so you guys get a hint on what's happing the ripple labs team does now 50% of world community grid crunching

and how are they doing this?

ElectricMucus

legendary

Activity: 1666

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Marketing manager - GO MP

Quote from: ?? on ??

Do you mean they are ready to launch a 51% attack? Grin

They would if boinc were competitive instead of cooperative. Bitcoiners often brag that mining is the largest distributed computing project on earth, but besides lining the pockets of the participants it does very little good. WCG on the other hand contributes to finding cures for diseases, research into clean energy and so on...

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Just so you guys get a hint on what's happing the ripple labs team does now 50% of world community grid crunching

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: zachcope on January 11, 2014, 11:29:19 AM

Ripple gateways have their incentives aligned to work perfectly, until the point of a catastrophic credit crunch.
Alas I have stated elsewhere, gateways are incentivised to hide and cover their bad loans from the network at all costs, as otherwise their ious will become less valuable.
This will lead eventually lead to a credit crunch.
It will have happened by 2020 if ripple survives that long.

Or they have an incentive not to have bad loans at all....
I guess we have to wait, see you in 16 years. Good luck hoping Bitcoin is even around by then.

zachcope

full member

Activity: 209

Merit: 100

Ripple gateways have their incentives aligned to work perfectly, until the point of a catastrophic credit crunch.
Alas I have stated elsewhere, gateways are incentivised to hide and cover their bad loans from the network at all costs, as otherwise their ious will become less valuable.
This will lead eventually lead to a credit crunch.
It will have happened by 2020 if ripple survives that long.

redwraith

full member

Activity: 188

Merit: 102

Quote from: CurbsideProphet on December 26, 2012, 07:26:21 PM

Prosper was an enormous failure (for the "investor"). Ripple will follow with those two idiots at the helm.

To this very day, I am using Prosper and making about 12%. It's hardly a failure. You either gave up too early or are repeating inaccurate information.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

The key difference between Bitcoin and Ripple is that governments will regulate the issuers of Ripple IOUs as money transmitters particularly if these issuers get large enough so that their IOU's are widely trusted. With Bitcoin there in no one to regulate in this category since Bitcoin is equity based.

samson

legendary

Activity: 2097

Merit: 1071

I had 70,000 Ripple sitting in a wallet from the giveaway early last year and sold them some time ago on btc38.com for Yuan which was worth over $2k at the time.

voyagr

newbie

Activity: 39

Merit: 0

With Ripple & ZipZap integration being a fact with the recent version of the client, there is now an alternative for buying btc's with cash (probably more convenient). You can now deposit cash in one of the 700.000 locations and buy BTC's, convert, transfer, whatever you wishwithin the client...

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

Quote from: b!z on September 28, 2013, 02:08:56 AM

faster tx, send currencies like USD, EUR etc.

although it may not be the best way, it could work.

exactly -- instant transactions and ability to hold/transact in many, many different currencies could be really useful, enough so to be widely adopted. it just isn't widely adopted right now.

Topic: You guys gonna become paranoid about Ripple - page 3. (Read 18669 times)