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Title: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: Quicker_777 on July 07, 2013, 04:14:06 PM 1 bitcoin = 1 million satoshi, or whatever.
1 XRP = ??? Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: misterbigg on July 07, 2013, 04:16:04 PM 1 bitcoin = 1 million satoshi, or whatever. 1 XRP = ??? From https://ripple.com/wiki/Ripple_credits Quote 1 XRP = 1,000,000 drops One XRP can be subdivided into one million units. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: Quicker_777 on July 07, 2013, 04:18:32 PM 1 bitcoin = 1 million satoshi, or whatever. 1 XRP = ??? From https://ripple.com/wiki/Ripple_credits Quote 1 XRP = 1,000,000 drops One XRP can be subdivided into one million units. Thank you! I was looking in wiki, I guess not hard enough. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: cbeast on July 07, 2013, 04:20:48 PM What does it matter? XRP can be increased infinitely by Opencoin, Inc. at any time.
Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: franky1 on July 07, 2013, 09:04:52 PM What does it matter? XRP can be increased infinitely by Opencoin, Inc. at any time. then stop treating xrp as another alt coin......... because its not.. ripple is like the postal service for transmitting bitcoins and FIAT. XRP is the stamps on the envelope which opencoin sell/give away for its postal systm to work. and they get paid from these XRP. just like the postal service gets pad via stamp prices.. at the moment large exchanges are buying stamps(xrp) because they need to do alot of transactions so they need to stock pile. that is the only reason for treating XRP as a valued item it was never intended to be used purely for swapping back and forth for profit by the average population. if you can make profit on it great. if you cant make profit and have grievances about the fact that its not got the same features of a altcoin. then you need to stop trading it. and just hold maybe 1000XRP for its intended use as the transaction fee on the peer-to-peer system known as ripple. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: misterbigg on July 08, 2013, 02:19:01 PM stop treating xrp as another alt coin......... because its not.. But it is. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: webr3 on July 08, 2013, 02:27:52 PM What does it matter? XRP can be increased infinitely by Opencoin, Inc. at any time. false. fud. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: cryptocash on July 08, 2013, 02:33:17 PM I thought it only can divided into 5 decimal places:
1.0 XRP = 0.00001 x 100,000 drops Wrong? Source ? Title: - Post by: abrkn on July 08, 2013, 03:42:22 PM -
Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: atomicchaos on July 08, 2013, 04:05:34 PM In before someone points to the ripple scam site.. I can't believe it's made it this long. Ripple is not a scam, they clearly spell out everything, it's simply released by a for-profit company.
Disclosure: I invested in a small amount, as it has some potential given the forces behind it. Certainly won't replace BTC or LTC. Title: Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? Post by: webr3 on July 08, 2013, 04:37:57 PM In before someone points to the ripple scam site.. I can't believe it's made it this long. Ripple is not a scam, they clearly spell out everything, it's simply released by a for-profit company. Disclosure: I invested in a small amount, as it has some potential given the forces behind it. Certainly won't replace BTC or LTC. Ripple compliments, it doesn't compete - XRP is a utility of the network and as such has some value. That said, some people certainly do buy large amounts, there are offers ( http://xrp.webr3.org/btc-xrp ) of 50, 200, 400+ BTC from single people to buy it, so obviously some people feel it's got value. |