Bitcoin Forum

http://coinmarketcap.com/

Ripple is now worth more than Litecoin.  Litecoin is no longer Prince to BTC.

Wow....That's it. I've had it.

I'm selling all my Litecoin...

Well, time to sell my ripples...

LTC is going down as it's no longer #2.  Smart money is pulling out for BTC, Ripple and Doge

It could just be a price spike for ripple. Litecoin went down 3% and ripple shot up 13%, but could come down again just as fast.

http://s29.postimg.org/oqs4plydz/ripple.png

Well it's more probable that Ripple is just extremely manipulated.  

Ripple can be highly manipulated right now. Use that manipulation and ride xrp to a penny and use your profits for LTC(for a small fee on the ripple network ). 

More factors come into this such as trading volume. Not just market cap. Although this is pretty remarkable for Ripple, I'm impressed.

Ripple makes a lot of lurkers create a username here.

http://www.coindesk.com/us-banks-embraced-ripple/
http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

litecoin is still no 2

"Ripple is not a decentralized crypto-currency, they are not competition for Bitcoin, they are what Bitcoin was invented to replace. That's why banks love Ripple, because it is no challenge whatsoever to their existing business model or the corruption that model engenders. It is more of the same bullshit, masquerading as a crypto-currency. Might as well be called FEDcoin"

this comment sums up ripple

You're right about BTC... it's is big trouble... forget about $10,000... forget about $1,000...
You can see the panic among Bitcoin Super Heroes = serious threads about the problems with Holy PoW.

LTC has already been trashed... and has absorbed the next Gen ASICs...
That are hummimg along in Chinese factories until they are dumped on the pre-order chumps in early 2015...
How is it possible that ASIC buyers never fucking learn? Never pre-order anything. How is that complicated?

So LTC is cheap for a rock solid store of value... just drop the nonsense that it's a "currency".

i never got into ripple i heard and read alot of negative things

IMHO ripple is better summed up by saying that ripple is nothing less and nothing more than digital version of ancient Hawala system (http://en.wikipedia.org/wiki/Hawala). I agree that it's not in "competition" againt BTC and other cryptocurrencies, but what it offers for the community is a decentralized bridge between different block chain ecosystems, which cannot communicate between themselves on block chain base because of unresolved math problems. That gives Ripple a chance to become "The Block Chain of Block Chains". Not "FEDcoin" but BIScoin, aka One Ring to Rule Them All ;).

PS: I don't have any XRP :D

Ripple Labs' latest distribution program (via pre-paid card):

• https://forum.ripple.com/viewtopic.php?f=1&t=7845&sid=b69993974553e46151dc5735e2ae163a
   (https://forum.ripple.com/viewtopic.php?f=1&t=7845&sid=b69993974553e46151dc5735e2ae163a)
  

Ripple Labs uses its XRP holdings as war chest. These holdings fund all of these people working on the core protocol:

• https://www.ripplelabs.com/team/ (https://www.ripplelabs.com/team/)

So basically you just make purchases like normal on this card and you can accumulate XRP at no cost and no risk? Sounds like a pretty good deal to me.

Why isn't Arthur Britto under the team section of Ripple Labs?

Not quite like normal. You can fund the card with BTC, gold, or whatever.

Because he is WAY TOO MODEST! *poke* *nudge*. And one of the smartest fellows I've ever met.

Which exchanges is ripple actively traded on?

Ripple is a joke they just printed more like the fed.

Nope. There is a fixed amount of XRP just like there is a fixed amount of BTC.


#clueless

yep, litecoin community is barely around


Sounds like you didn't read up on what was going on...

Just the opposite, all the XRP that can ever exist have already been created, and they are now being destroyed (to pay for transaction fees).

Check out:
http://www.ripplecharts.com/#/

38,357 XRP have been destroyed since Ripple's inception.

Just became aware of that myself too. The main purpose of XRP is to prevent spam. So, when all XRP have been distributed and then destroyed as transaction fees, how is the network supposed to work???

Agreed to a degree, and I presume the marketcap rise is because the two banks that adopted Ripple needed to buy lots of XRP for transactions etc. In block chain world the definitions and boundaries of "currency", "asset" etc. are not at all clear.

XRP protects the network, acts as a vehicle currency, and funds the development and promotion of the protocol and network.

Not all XRP will be destroyed as fees. XRP is, likely, lost more rapidly than it is destroyed due to fees. The fees can be lowered. And like BTC, divisibility makes losses not a concern. XRP is currently divisible to 6 places.

Learn more about XRP here:

• https://www.ripplelabs.com/xrp-distribution/ (https://www.ripplelabs.com/xrp-distribution/)
• https://ripple.com/ripple_primer.pdf (https://ripple.com/ripple_primer.pdf)

Simple question, is or is not ripple a currency (A simple yes or no). I want an answer from you directly since you seem directly tied to the ripple project. Trolls need not reply.

"XRP is a math-based currency that is native to the Ripple network..."
- https://www.ripplelabs.com/xrp-distribution/ (https://www.ripplelabs.com/xrp-distribution/)

I thought this card had to be funded with Euros? That was one of the reasons I didn't get one.

you guys don't understand that LTC is going down with BTC and going up with BTC. Bitcoin sell off in 3..2..1...

The very idea of Ripple just disturbs me on so many levels. Overcomplicated, centralised, and it's not a cryptocurrency.

You'd be correct. Ripple is a centralized turd of a 'currency'. It goes against everything bitcoin stands for, no way in hell I'd even consider buying into this shitcoin.

The cornerstone of Ripple is currency choice. Senders can spend whatever currency they want and receivers can receive whatever currency they want.

Some so-called libertarians don't want currency choice. They want everyone to be forced to use a single currency.

I hardly see Ripple on any exchanges. WHat exchnages can you trde btc for ripple?

Is it true that if I buy XRP they can be taken from me without my consent? not by anyone but by the owners of Ripple

meaning that it is not decentralized and you don't really own any XRP.. you only share them with the owners and trust that they will not take them back?

Justcoin, Kraken, Poloniex, The Rock Trading, RippleFox, Coinex.nz, and others.


No, that is not true.

Who could trust Ripple after the big sellout from a dev incident? I wouldn't touch this coin with a stick, and im not touching LTC neither, both doomedcoins.

No, that is not true. XRP is a crypto currency, and you need an account's secret crypto key to do anything with the XRP held by that account. The validator network validates the cryptographic signatures on transactions and only accepts those that are properly signed with the correct keys.

What about this?

https://wiki.ripple.com/Freeze

I wouldn't say you own XRP's if someone else can freeze them..

Good point but you didn't quite get it:

Is it only ripple that has the freeze feature, or does stellar have it too?

I missed that

but I still see Ripples/XRP as a centralized currency that is more in par with Fiat than cryptocurrencies..

Do you know the differences between Stellar and Ripples? to me, Stellar just looks like Ripples scam 2.0

Any block chain network is not in control of any third party and all gateways remain third parties. So yes, a Stellar gateway can also freeze, get robbed, stop working, etc.

I understand why you feel that way, but in itself, XRP is just a block chain ledger. The heart of the matter is, is the Ripple/Stellar proof-of-? system worth trusting?

http://www.coindesk.com/stellar-ripple-hyperledger-rivals-bitcoin-proof-work/http://www.coindesk.com/stellar-ripple-hyperledger-rivals-bitcoin-proof-work/


There are significant differences. Development team of Stellar is a non-profit entity, and unlike Ripple, there is indeed very active effort to spread STR as widely and as quickly as possible to potential users. There will probably be also differences in the tech of attaching gateways to the network and I presume Stellar is aiming for easy and approachable in this respect. The main difference is thus philosophical: Stellar is investing in global community, Ripple is marketing a product to OECD banks(ters).

PS: one significant difference is the Stellar "inflation":


In essence the inflation system seems to me a version of PoS

ripple started off too high priced to begin with,
when they only released just a few and propped the price up artificially.
The price was too high, so I didn't buy it, and still don't.

Also I never liked the name 'ripple'.

Nobody can freeze XRPs, its for freezing IOUs.

volume 24h

Litecoin   $ 2,456,470   
Ripple        $ 92,610

Litecoin will reign in good second place a good time

You did not read that page closely. XRP cannot be frozen, only IOUs from gateways that have not explicitly disclaimed the ability to freeze individual accounts.

XRP is always safe from freezing, but if you are worried about having your gateway issued assets frozen, you can also choose to only accept IOUs from gateways that have permanently and irrevocably renounced the ability to freeze individual holders of their IOUs.

Do you have a libertarian viewpoint?

Do you believe in choice and free markets?

Then you should have no problems in allowing gateways the ability to either choose to allow freezing of individual trust lines or to disclaim that ability so that they cannot do so.

This empowers the users to choose the gateways that serve their needs, and the added abilities allow gateways to serve the ripple ecosystem who would be unable to do so otherwise.

In either case, XRP cannot be frozen, only gateway assets and only if the user chooses to hold then. Several gateways have already permanently disclaimed the ability to freeze the assets that they issue. People have choice - The market will decide.