Bitcoin Forum

I used to see a lot of people buying them. What happened? is it dead?

People probably realised they can trade them directly from ripple via bitstamp without a middle man.

https://bitcointalk.org/index.php?topic=162630.0

Things look kinda slow, hope that they will start the open beta soon.

Ripple is on life-support.

Two days ago Ripple was 1BTC = 45 000XRP and today it's 1BTC = 18 000XRP, I like Ripple because of high volatility.

Fundamentals say ripple will likely fail. Broken centralized system.

Things will be different in the future, it's planned for Ripple to be open-source and decentralized, also Ripple network could function in the future without OpenCoin Inc...

Wow, saw the spike in the chart.  Looks like someone was dumping, or less buying.  I'm not sure if they've given up on Ripple or not, they don't bother to keep it updated for something that looks like they spent a lot of time on.

I personally never believed in Ripple.

Me either. though i did get some free ones when it first started and traded them for btc.

Soon, yes ;-)

I still dont see the purpose of it...

What the heck does it improve?

I swear to god I cant figure it out either. Makes no sense at all. Doesnt make it any easier to buy and sell BTC. Shit is stupid and centrally controlled. I can not figure out how to sell them on bitstamp to save my life.

As implemented it solves the problem of OpenCoin receiving Venture capital from people who probably have no business dispensing such a thing.


You have to actually sell them from the client and then move the BTC IOUs into Bitstamp where. It isn't an obvious way of doing things, but it being so probably helps to keep the scamcoin aspect of ripple from collapsing.

+1 , absolutely.

Not exactly

sold 1m xrp already, still keeping a small amount. price will drop slowly
ripple value will only rise when source is released or there is a new big giveaway.

Why giving away will let the price rise up? I saw many people see this, but I can't understand.

That is because it doesnt make any sense.  :)

that pile of crap has to die

it adds no value to anything and deserves
a slow pityful death

dead for me, my account got hacked and ripples stolen, had a secure password too. Im sticking with bitcoin and alts

People harsh on Ripple all the time...but the fact remains they have created a pretty amazing system, with some rather large backers waiting in the wings while they make it better and test the code.  I would not presume they are dead until BTC has no trading value against it whatsoever, and I highly doubt that will happen.

Sorry to hear this, you should attempt to get in touch with Joel Katz...as far as I can tell, he would be interested in hearing this, and can probably make it right for you, unlike a bitcoin transaction.

and thats the problem of ripple  ;)

It was dead the day it was announced.

I'm really surprised and confused that anyone at any point ever thought it would work or was even a good idea.  If you were one of those people, shame on you.

As an active ebay seller, I believe reversible transactions to be a rather good thing in certain circumstances, and having both BTC and XRP as options is actually better than having just BTC imho.  But with backers like Google, and ongoing development and secondary markets like Justcoin...I believe Ripple is still in its infancy, more-so than BTC.

Also...XRP is only one piece of this puzzle, Ripple as a concept is pretty cool...but then again same could be said of communism and such.  I just think it's a project worth keeping up with, as it could very well unfold into something greater.


All I know is I've made free money from being an active part of it from early on...haters gonna hate, but I am so far at least a grand ahead without spending a dime on it.  Always participate in the free giveaways on this forum...you'll be richer for it!

Closed source centralized system... What could possibly go wrong with that?

You speak as though SHA-256 is "Open-source" and free from centralization.  In's and outs indicate otherwise...even localbitcoins can be fairly well traced back to the person who sold it to you.

Consider this:

https://bitcointalk.org/index.php?topic=288738.20

I'm just along for the ride...and I welcome many forms of crypto-currency, as who knows which one will stick, just keep in mind you could lose your shorts from any of these, so don't divest all your holdings in one spot. 

I'm not saying XRP is any better or worse than Bitcoin, just another project worth paying attention to.

Far from dead. 

There are many big players (very large companies) now actively involved in Ripple and others evaluating it.  Large exchanges (apart from Bitstamp) are now looking at the system as well.  At the end of the day, people will use the system that is simple and easy for them.  Ripple is making rapid progress and they have a lot of momentum going to make this the world's universal payment system for ALL currencies, not just Bitcoin.

Anybody who denies these things is shortsighted and not looking at the big picture of where the world is going.  The average Joe doesn't know about or care about Bitcoin, he just wants a cheap and easy way to send money online.

I guess far from dead, but needs better promotion.

In this quote: ripple shill delusional hoping to pump XRP back up.

http://bitcoincharts.com/charts/chart.png?width=940&m=rippleXRP&SubmitButton=Draw&r=180&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=Performance&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

I personally am holding my 1000 free XRP because I think that Ripple has the potential to do big things. They have big investors, including Google Ventures and Founders Fund, and while their tech is currently a black box, it is going to be released Open Source eventually, and once that happens is when the game really begins. Whether it will make something of itself or not is TBD, but the idea is one being pursued by at least a few different parties in slightly different ways; Ripple, BitShares, Mastercoin; and Ripple has the big bucks and tech juice behind it at the moment. We'll see what happens.

too early to tell.

Perhaps your computer is compromised with a keylogger.  For instance, from your posting history, it seems you've run dozens of altcoins.  Did you take any precautions while doing that?

In case you'd like to learn to buy XRP with an orderbook rather than market price, this is a guide I made about how to use Bitstamp as a gateway and buy using the ripple client order book.  This is for advanced trading with the ability to set bid and ask prices, if you don't know what that is, stick with market price.

https://bitcointalk.org/index.php?topic=297326.0

Ripple has to die. I'm still kind of shocked that people who believes in bitcoin accepted ripple's centralized structure.