Bitcoin Forum

Looks like ripple must of paid off the owner of coinmarketcap to display ripple as the 2nd most popular cryptocoin .We all know this is a lie as most ripple coins we created and are owned by the company that started it.

time to swtich over to a better site that doesn't count centralized , premined or intsamined coins


http://www.cryptmarketcap.com/
http://www.cryptocoincharts.info/v2/coins/info


(original post from "Bossman")


ridiculus to add "scam non coin " Ripple to that list in my opinion.

Very interesting, I wondered what happened. Here is the problem: everyone has an opinion. This ranges from what constitutes a serious alt coin, to how you calculate market cap. Eventually every such site will have incentive to sell out (if that is what happened). But to be fair if those are the stats, there is little to argue with that. Depends on how you calculate "market cap".

Which of the coins are pre-mined? Most bitcoin devs believe most coins are pure pump&dumps, but others think bitcoin is selling out. Best is to establish some ground rules. I personally don't believe in any coin which is not opensource.

By the way cryptmarketcap doesn't list next coin? They have 46 listed coins. Coinmarketcap has 64, and Nxt moved to the bottom for some reason.

I don't think there's any evidence to suggest he was bribed, but apparently he took it to a public vote. I don't see how we can trust half of these coins now since the markets are so easily manipulated.

Only "issued" coins should count toward market-cap.

I'd count pre-mined (& never sold) coins as NOT issued into the market.

This is similar to shares of stock on the stock market.... Corps generally "authorize" a huge number of shares in their company formation docs , but only periodically "issue" (sell) a fraction thereof into the market. It's those "issued" shares that all financial services use to compute market-cap.

Ripple is not a cryptocurrency.

It is not mined, it is not decentralized, it is issued by a company.  It totally undermines these key cryptocurrency benefits.

Well, even if you account for pre-mining, underlying problem is really new issuance. So the total supply figure is in some cases meaningless. In the end exchanges or other intermediaries will make decisions, akin to stock market tiers. Some of these "coins" are really a joke, but some are determined to lose their money.

I don't know. The people there have a lot of knowledge and have been working on this for many years. Much more than the other alt-coins. Proof-of-stake is arguably the same principle.

It's not the 2nd most popular.
And you can easily see that you can look at the chart by volume , name , price per unit etc.

Boycott? Why?
They list something. Do you pay them for this , are you forced to use them?
They haunt your dreams? Or are you butthurt because LTC isn't number 2 anymore.

If a coin is loosing value because it's not number 3 or 4 on some website , then that coin deserves to die.

We are dealing with a crisis of trust, a crisis that corporations are a key part of.

Ripple issuance is controlled by a company.

Because, listing Ripple, a centrally controlled 'coin', together with genuine cryptocurrencies, which are actually decentralized, is an intentional deception to get us to believe that Ripple is decentralized.

www.RippleScam.org

try http://bitinfocharts.com/

So , because you see a salad in the McDonalds menu , you assume it's deep fried?

ripplescam.org


good website  :)

It seems you dont get the point what the problem is. I will try it.
The site is/was seen as a Benchmark which cryptocoin
gain in popularity (measured but mined coins * last price)

Now they added Ripple,Nxt,MasterCoin to the list which are like the direct opposite of Bitcoin.
They are centralised and "minted" = not mined.

So comparing a digital Currency with is minted vs. one which need time to be mined is
like cheating in a benchmark comprison, because the measurement is distorted=biased.
It like comparing the IQ of a kid with an adult. It is just biased.
The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

You don't get the point. That is a list of digital currencies. Not a list of currencies that are mined.
There is no definition nor for digital nor for cryptos that they have to be mined and not issued.

People try to force the principles of Bitcoin on all other coins , which is not right.
Also , your comparison is false by claiming that both MasterCoin and Ripple are centralized.
How are both of them centralized , using the same argument?

Yes if you see it like that it is "just" a list.
I see it not like that the site is very popular and has potential to influence people minds about the popularity of a currency.
I see the potential to influence new people to believe
the coins work like bitcoin. In fact they are the opposite. My position is this must be clear, otherwise it is not right.
There is no enfocing of principles. It is the other way around.
XRP,NXT,MST are abusing the Bitcoin trend, if they dont make clear to everyone, they work completely different.
By listing them together it seems for non nerds and newbies like they play in the same class.
The fact they are "minted" is a serious difference.

When it is just a list, then what speaks against it to also list Lindendollars and Amazoncoins?

If a part of this argument if false then please correct me. It doesnt make the hole argument false.

greetings

So , the people behind ripple should post on coinmarketcap how ripple works?
LMAO.

If you want to know how ripple works you got to their website and learn from there.
Also , it has been debated in this forums so many times what ripple is and how it is different from Bitcoin I really don't get it how you (based on your reg date) still can say that.

And to your last argument , which is pretty pathetic , I think cmc should add also livejasmin credits.

There's a market out there for someone to build a coinmarketcap clone that only lists decentralized/mined cryptos. They'll get an automatic audience.

I'd do it, but I don't have those skills.
 ;D

And then people will argue that it should only list some coins because the others are clones. And then only scrypt ones , and then only coins with an animal logo.
The ranting will never stop.

LOL. I hear ya! :D

Making a distinction between (either currently or forever) inflating money base coins and stable/deflating ones might be useful. Coins could even change "sides" over time, e.g. in 2140 Bitcoin would move from "inflating float" to "stable/deflating float".

Boycotting a site because of this is not very constructive in my opinion...

We should start boycotting mtgox and bitstamp , because they trade only bitcoin.
Also we should boycott cryptsy because it has doge and not hamstercoin
And this forum because there are threads about nxt and ripple here.

ripple scam stay away

Already done , because of the overhelming demand of over 65% (20% neutral guys,15% premine fanboys)
http://www.cryptmarketcap.com/


It seems you are one of those humans which like to be enslaved.
Someone who is a submissive believer of the authorities.(because of diffuse fear)
So that is no wonder that people fall into XRP,NXT,MST because of their educated pavlovian conditioning in their childhood.
(Thinking centralistic systems are without alternative)

Your last sentence confirmed my concern.  ;D

My opinion is that you're one of those humans who fear everything that they don't know how it works.
If somebody buys nxt or xrp based on the a graph on a website and doesn't go and research first , they deserve everything bad that may come after this..

But if they go and do their learning and still like it , what's your problem ?
Put down your pitchfork!
If I buy mastercoins , I'm submitting to the government?
And further more , what the hell is your problem if people are believing in their government?

Freedom of speech my friend , and freedom of opinion , and funny enough  you're fighting against those principles.

Signed OP, very good.

Very good, but I have to ask the obvious question: Where is Litecoin??

LOL - Suddenly it's there!!
 :D

I like Cryptmarketcap very much. Lots of info. Thanks for the link!

It was actually upsetting me seeing Ripple every time I looked at CoinMarketCap. Cryptmarketcap.com has replaced it in my bookmarks. I couldn't care less if Ripple is headed for the moon or uranus. I want no part of it.

You should bump this daily!

supporting the boycott  :)

You know if you look on the top right corner of coinmarketcap.com, there is a button called "Filter Non-Mineable". When you click that Ripple disappear.  :)

Thanks!
 ;D

There should be somewhere a website to show the level of premine (or coins owned by the creator (group)), that would be awesome

So, how many BTC does Satoshi own exactly? ::)

boycott coinmarketcap!

99.5% of ripple is still owned by the developers.

So out of 100 billion coins only 500 million are in circulation.

The market cap of ripple with 500 million coins is 13.5 million.

When the Developers release more coins then the coins in circulation will go up but the price per coin will be negatively impacted because of greater supply.

This is the only fair way of comparing the market cap coins like Ripple, NXT, MSC to POW coins that can by mined by anyone.

I agree boycott coinmarketcap.

http://cryptmarketcap.com/  FTW!

Nope, wrong. About 10 billion have been distributed so far, 45 billion still to go.
Source:
http://k.ripplecn.org/list.txt (XRP balances of Ripple addresses)

What's your source for that 500 million circulation claim?

Also (unlike e.g. Bitcoins #13million - #21million) all XRP/NXT/MSC/... can theoretically be transferred and traded at any point in time, mined coins can be transferred only once they are mined.

this hole Ripple vs. Bitcoin (centralistic versus P2P money)
reminds me how hopeless it is to convince a communist that a free market is the better soloution than a corrupt goverment.
In the end people decide.

And if we sum the four major BTC holders, how much % they control? 30%? More?

Ripplescam website is outdated and innacurate.

ripple is a very interesting project, far from being a scam, and splash project is trying to put mining into it.

BTC zealots are blinded by their stuffed BTC wallets yelling "lets make it happen", but BTC peak is happening right now, not in one year, when there will be a new sunrise.

I dont know what is coming next, but bitcoin is getting old and obsolete.

47 wallets hold 30% of all BTC, so most likely 10 till 15 people.

See:
https://bitcointalk.org/index.php?topic=316297.0
http://bitcoinrichlist.com/top100

FTFY

Also , it's Percent of all bitcoins:   21.42% for the top 100.
So how about you get your facts right before sprouting non-sense?

You guys mean wallets or addresses?

How many people behind this wallets?

In bitcoin, how things are going, we are getting back to bizantine generals problem, having to trust miners to dont conspire, exchanges and payment solutions to make offblockchain transactions.

Ripple (or any fork) will clear transactions irreversably in seconds, and if you use XRP (the native ripple currency) you are using hard money, no trust needed.

IMO, its unfair to exclude ripple from any market cap for cryptos. Its a silly way to try to promote hoarded coins.

And in Ripple case you have to go back to... modern days lols , having to trust a company not to crew your life forever.