Bitcoin Forum

And that those who are against just don't think by themself. Only few people are able to see ripple potential yet.

I don't think this is the right category for such a thread.
And as far as I understand, It's a centralized currency, controlled by OpenCoin or whatever they're called.

For those who don't know.. mah87 has been one of the more consistent Ripple shills.

For those who don't know... there are more Ripple shills than anybody is able to keep track of.

Yay more scamcoins.

No way! Thank you mr obvious.

For those who don't now TradeFortress is absoluteley against ripple and running ripplescam.org. I invite everybody to read his retarted argument.

It is interesting to hear that ripple is scam from TradeFortress mouth ... He is most hated person in that community, because he simply scammed bunch(I mean something close to 100) of newbies that were trying to try out ripple system.


Now on other part - talking about ripple in this forum is not a good idea. This is for people who only consider complete decentralized and opensource projects, which ripple isn't. So bringing up ripple in here is suicide.

Some people are not that close minded. And I agree that ripple need to be opensource but the code will be released. It's just it's in beta and they want to have a stable protocol before spreading it.

I think many things too, but without providing any compelling facts on why I believe my statement to be the case, how can't I expect others to see otherwise..i.e. this post has no value at all, apart from to you or others who already feel the same.

Just read about it on the forum/wiki. Not only the retarded arguments on ripplescam.org

Ripple is centralized closed source payment system. I don't see anything revolutionary about it.

Cause you only read retarded argument on ripplescam.org.

It is closed source yet because the protocol is being build.

You simply have chosen wrong forum, here you will find only people who believe in opensource and DECENTRALIZED things. Only thing you will get here is a lot of hate.

Don't get me wrong, I am ripple supporter and keep most of my digital investments in it, but this forum section is for decentralized, opensource altcoins. Forum itself is for decentralized, opensource bitcoin. Discussing rippe in here is simply wrong and this topic will be big hate and swear words library for next generations.

ok - mah87

explain Ripple to me so I understand it in a single post - {a success is an explanation that i can then explain it to someone with no exposure to Crypto}

if you fail , that's the 3rd fail -

1. closed source
2. centralized
3. no peer support , not transparent .

if you consequently come back to me and say  "its not your job to explain Ripple to me"

also consider that a failure, then sell what Ripple you have.

**
just a final note did you know that the "Economics" you may have learned in School or University is not "Economics" at all but a complex jumbled mess that tries to distract from a simplistic economic system that was obviously heading for failure , this resulted in the "Economics of Finance" basically the death of economics - why I'm telling you this is because complex systems usually equate back to something that is simply a scam, that is the case with most "economics" in the 21st century , so the longer ripple stays "complex" the longer it looks like a scam.

the way Crypto is evolving, Ripple will be forgotten by this time in one year.  

**

on another note i'd like to make a Comment about Bitcointalk.org -

I have to say Bitcointalk.org for a branded forum has surprised me in a good way with its lack of overall censorship , whatever the reason , conscience decision or lack there of,  this is/was the correct path to any successful information outlet .

so credit has to go to Salty the moderator and the other "overloads" of Bitcointalk.org as they have elevated into my Respect level high , weather you like it or not.

this is the direction that would harbor further innovation.

also this is the correct path to discuss possible complex financial scams such as Ripple, if someone made a conscience decision to take this path, it shows a high level of understanding into the simple dynamics of information. 

I do agree that ripple is complex for now. And also complex to explain in a simple. Anyway if you really want to know what ripple is I would invite you to go on the ripple forum. All those questions has been answered and explained.

I agree that for now you are right, this is closed source, centralized and not transparent===> BUT=> code will be release before the end of the year,==>then it won't be centralized for a long time + peer review will show protocol stability and offer improvment.

Furthemore if you take appart XRP currrency you'll see that you can today trade a lot of currencies in minutes through several gateways, the payment system is yet efficient. The new feature "ripple bridge" allows you pay from your ripple wallet in bitcoin, whatever if your wallet contain only  dollar or pound. So it's a nice access to bitcoin community.

Of course ripple is in beta and non tech people or lazy people won't be able to use it properly or to understand it.


Edit: And someone talking about "scam" and at the same time being the creator of a cryptoclone... sure...

what would be the purpose and benefit of ripple being open source?

Ripple shill = you support Ripple

What?


Disclaimer: I like Ripple 8)



People who say Ripple is altcoin don't know what it is.
Ripple is not centralized, there are few nodes already. You just can't make your own node (yet) because they haven't published the source (probably because it needs more development to be stable).
I heard they're very much trying to release this year. Of course you can make your own node in this decentralized Ripple network by having a good reason (building up a service or similar).

ok thanks that explains just about everything -  , Ripple will be forgotten in the next wave of Crypto evolution , We have "Decrits" and eMuni - which are on the horizon, if they are even partially acceptable there will be an evolution upon those - so Ripple will be bypassed in a fairly short order of time -

thanks for that explanation , it says about all i need to know.

the down side i see to the aforementioned systems is  they are "universal and Transactional "  - now i don't expect you understand what i'm saying now as this is a political matter , and i understand that this forum is fairly void of politics, so yes i have built upon some initial code that was released , i plan on continuing to do that , and when Ripple is a long forgotten idea Nibble will be a well known name.

sure... nibble and emunie will not be on any exchange in few weeks or month... you probably know about crypto currency since less than 4month, you edited another "scamcoin" like they are dozen on crypsti or other exchange... I'm sure you're gonna bypass ripple (just for your information ripple has been created among other people buy the mtgox first creator... but I'm sure you are more insightful and talented than him.)

Let's see ! :)

Yes i am more insightful and talented.

thank you for your feedback.

just to correct some confusion i don't see Nibble and eMuni as the same type of thing , but that's splitting hairs i suppose .

anyhow Cheers, its been educational.   

you are really pretantious cause nibble does not bring anything more than any other clonecoin. isn't it ?

as you said , I guess we will see.

Saying Ripple is a "currency" is like saying Western Union is a "currency".

ok - digitalindustry

Explain "how crypto is evolving so I understand it in a single post"

{success = explanation of this evolution... I can then explain it to someone with no exposure to Crypto}

This part is important ==>{success = explanation of this evolution... I can then explain it to someone with no exposure to Crypto}

But it will come when the protocol is stable and when it is spread to mainstream.

It's a decentralized open source payment system which supports multiple currencies, including bitcoin, and which has no reliance on opencoin's presence to succeed - although they have done a huge amount of work on it.

decentralized: anybody can run or create a node, anybody can implement a node, anybody can add features to, modify, or improve a node, anybody can use any ripple node for the same purpose, all nodes share a distributed ledger (like blockchain)

open source: the source is open, readily modified by anybody, and freely available to anybody with interest, myself and 100 others at least have commit access at this time, it's being prepared for mass distribution and has been moved to it's public repo ready for launch when stable enough to ensure the millions of USD worth of currency it manages is 100% secure and unhackable.

XRP however, does has a controlled distribution from a central source, which is a for profit company. Don't confuse the two, it's a shame to write off such a great leap forward in payment and clearance systems just because one of the currencies it supports is distributed by the company that creates it - they do give masses of it away free though, and only sell comparatively small amounts of the currency in order to fund development of ripple.. when investment funds and companies like google aren't sponsoring the work that is.

No problem -

I'm going to assume you are a reasonably intelligent entity:  i'll do it in one sentence -  



The Sentence:

Cryptocurency is evolving in an open source and open information environment, these two vectors combined form a very strong innovative equation, actually one of the strongest , this also accelerates outside factors and leads towards simplicity, the result is the most efficient and simple design, with Peer support and security, which then leads to confidence and community.



When you explain it to someone else do it like this :

The smartest guys have all worked together and made the best most secure type of investment  for you to hedge against the inevitable and now current inflation and deflation, if you invest a part of your portfolio to this investment you will more likely benefit in the future - or of course alternatively do nothing.

*****

your argument will be pretty easy once investors notice their 401K shrinking and equities dropping alongside a higher cost of living.

******
just so you know when those people go to the peers , they will all say "we don't know what Ripple is, its probably a scam"
so good luck with it all , then there is the other side of the story , which is investors will be asking "what is my need for Ripple"

so just answer that - pretend I'm a retired Baby boomer with all my investments in Equities "why do i need Ripple" .

Ripple will be forgotten . and there will be many failures along the way .

I'm betting than nibble won't exist anymore in 3months. Really I bet that. I've seen many scamcoin disapear...

I will take you up on that bet .

I don't want your money but.

Agree.

http://s14.postimg.org/50dhqqya9/ripple_is_the_future.png

Nice picture of Jeb caleb. I like his new mustache style. Hail to our new leader.

That is fantastic , I'm raging with hate at this picture , this man's name is Osama no ?

: D

I have simplified the Ripple system .

forget accumulative interests and collateralize debt obligations , multiplied derivative capital insurance .

its all here in these simple pictures .

Why are there so many people who are really pushing Ripple, yet can't explain how it works in a sentence or two?

As a test of any ideas, I use the Einstein test of saying every good idea has to be simple enough, but not too simple - and that isn't Ripple!

The key for me is that a number of big name companies including Google are getting involved with Ripple, which they wouldn't do if it wasn't going to bring in a very large amount of money, or, and possibly more likely, it gives them a very large slice of a new industry!

Considering how Google have placed their virus all through Android, making it unusable without a Google account - I would guess the same idea is planned for Ripple!

Cause not everything on earth can be simplify in one sentence or two...

One day Ripple will do this math and noone will notice this.

Just for this obvious ripple shill thread, I'm allowing you the luxury of going from this:

http://gyazo.com/1518def0c6686521cae2e6e70eec1e61.png

to this!:

http://gyazo.com/d8405ca810f98d8d64970aae8c5aca4f.png

Enjoy the luxury of the ignore list!

Coming on my topic to ignore me... I'm honored.

I always come on harsh debate and i don't care.