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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: AmazonStuff on September 27, 2013, 07:53:28 AM



Title: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 27, 2013, 07:53:28 AM

Another BIG NEWS for Ripple XRP:

Mr. Stefan Thomas (http://ch.linkedin.com/in/justmoon), CTO at OpenCoin, Inc. (Ripple Labs) announced that Ripple is about to go live with provider providing 700 000 cash-in location in the U.S.

I think that he is talking about ZipZap (http://www.linkedin.com/company/zipzap), so rumor is almost confirmed! :D

https://www.youtube.com/watch?v=6fTUiSqS5sU&t=1240 Watch the next 30 seconds!

EDIT: After all, Mr. Alan Safahi (http://www.linkedin.com/in/safahi), CEO at ZipZap, Inc. is also at Advisory Board at OpenCoin, Inc. (Ripple Labs), so I'm 99% sure that Mr. Stefan Thomas was talking about ZipZap  :D

http://image.bayimg.com/7c539d84b62686dbc79ba0bf23d7f67c252a528a.jpg
http://image.bayimg.com/14655051b0e8eec5dd156af7257029c9aace2064.jpg
http://image.bayimg.com/c55eb455fef10035817aafd949062085b1d8323e.jpgTimer removed. End time: 2013-10-10+18:20:00UTC



Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: smoothie on September 27, 2013, 08:11:34 AM
Doesn't surprise me. Wouldn't also surprise me to see many uninformed users start using ripple and then find out how much of a broken system it is based on the claims of what the system is by the people that back it...


Decentralized

Secure

Fixes the brokeness of the traditional payment systems.

oh and not to mention the 100 Billion XRPs of which half is owned by the company that backs ripple they "promise" not to dump.

Do your research people.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: 🏰 TradeFortress 🏰 on September 27, 2013, 08:13:42 AM
Need to pump some of your scamXRPs more, amiright?

Go to the BTC-e troll box.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: Labcoin_PR on September 27, 2013, 08:16:04 AM
doesn't change the fact that ripple is a centralized piece of shit

This is NOVASCAM v2


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 27, 2013, 08:19:50 AM
Need to pump some of your scamXRPs more, amiright?

Go to the BTC-e troll box.

Pumping and dumping is based on speculation, false predictions etc...

This is not pumping and dumping, this is news sharing.

It was a speculation when this was announced and many of us was curious what the special news might be:

https://ripple.com/blog/win-free-tickets-to-the-exclusive-money2020-ripple-developer-conference-and-50000-xrp/

Quote
10:25-11:20am – Integrating with Ripple for Merchants and Gateways, Bob Way and Brian Keller-Heikkila
Integration Engineer Bob Way will explain how merchant and gateway integration works. Brian Keller-Heikkila, CTO of ZipZap, will join Bob on stage to share special news.

... and now this video put some light on it, so it's news sharing, let me repeat NEWS SHARING :D



Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: viboracecata on September 27, 2013, 08:42:16 AM
Anyway, this is exciting investment in this community.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: smoothie on September 27, 2013, 08:54:33 AM
Anyway, this is exciting investment in this community.

Generally it is exciting when you are profiting from your investment and are not excited when you are losing value on your investment.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: toy4lov3rs on September 27, 2013, 09:01:13 AM
Mr. Stefan Thomas (http://ch.linkedin.com/in/justmoon), CTO at OpenCoin, Inc. (Ripple Labs) announced that Ripple is about to go live with provider providing 700 000 cash-in location in the U.S.


Nice! Hopefully Ripple helps adoption of Bitcoin  ;)


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: aa on September 27, 2013, 09:05:13 AM
Another BIG NEWS for Ripple XRP:

Mr. Stefan Thomas (http://ch.linkedin.com/in/justmoon), CTO at OpenCoin, Inc. (Ripple Labs) announced that Ripple is about to go live with provider providing 700 000 cash-in location in the U.S.

I think that he is talking about ZipZap (http://www.linkedin.com/company/zipzap), so rumor is almost confirmed! :D

https://www.youtube.com/watch?v=6fTUiSqS5sU&t=1240 Watch the next 30 seconds!

EDIT: After all, Mr. Alan Safahi (http://www.linkedin.com/in/safahi), CEO at ZipZap, Inc. is also at Advisory Board at OpenCoin, Inc. (Ripple Labs), so I'm 99% sure that Mr. Stefan Thomas was talking about ZipZap  :D


Is anyone supposed to care?


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: Labcoin_PR on September 27, 2013, 09:07:09 AM
Another BIG NEWS for Ripple XRP:

Mr. Stefan Thomas (http://ch.linkedin.com/in/justmoon), CTO at OpenCoin, Inc. (Ripple Labs) announced that Ripple is about to go live with provider providing 700 000 cash-in location in the U.S.

I think that he is talking about ZipZap (http://www.linkedin.com/company/zipzap), so rumor is almost confirmed! :D

https://www.youtube.com/watch?v=6fTUiSqS5sU&t=1240 Watch the next 30 seconds!

EDIT: After all, Mr. Alan Safahi (http://www.linkedin.com/in/safahi), CEO at ZipZap, Inc. is also at Advisory Board at OpenCoin, Inc. (Ripple Labs), so I'm 99% sure that Mr. Stefan Thomas was talking about ZipZap  :D


Is anyone supposed to care?

https://www.moneysmart.gov.au/media/16210/inflating-the-shareprice-diagram.png


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: theomar on September 27, 2013, 09:33:05 AM
The price of btc raised from 5$ to 15$ in a period of 2,5 months after the announcement of bitinstant (May 23, 2012).  

https://bitcointalk.org/index.php?topic=83209.0;all

Here is the chart:

http://bitcoincharts.com/charts/mtgoxUSD#rg730zczsg2011-09-29zeg2012-09-01ztgSzm1g10zm2g25

The ripple+ZipZap situation looks the same as btc-bitinstant situation except there is no pirate40 for the huge fall in price. (17-19 august 2012)

Nothing for sure only speculatiing...


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: Coinseeker on September 27, 2013, 10:31:24 AM
It's not just news, it's not just good news, it's HUGE news!   :o  And not just for the Ripple network but for the entire crypto space.  Nearly everyone in crypto has the same need, the need for liquidity in and out of the crypto space.  You want more BTC users?  You need more ways for people to get money in the system.  Love Ripple or hate it, this is great for everyone.  A crypto explosion is near and Ripple will be there.



Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: DigitalGoldCoin on September 27, 2013, 11:06:34 AM


OK, what is zip-zap? ( too lazy to search myself, so just tell me)


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 27, 2013, 11:43:43 AM


OK, what is zip-zap? ( too lazy to search myself, so just tell me)

You don't have to search anything, just click the ZipZap link in the OP :D


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: Coinseeker on September 27, 2013, 02:23:27 PM


OK, what is zip-zap? ( too lazy to search myself, so just tell me)

You don't have to search anything, just click the ZipZap link in the OP :D

 ;D


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: nwtrades on September 27, 2013, 05:28:07 PM
Huge news - this will be great for Bitcoin and all crypto!  It's what everyone holding Bitcoin has been dreaming of for years!


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 27, 2013, 06:31:49 PM
Huge news - this will be great for Bitcoin and all crypto!  It's what everyone holding Bitcoin has been dreaming of for years!

Yes, that's for sure, 700 000 cash-in locations is just the start. People don't realize that most of those, 100 billion XRP which are in OpenCoin (Ripple Labs) possession will be used to make Ripple bigger. So if we compare Ripple with a star, Ripple is a star that has huge amount of hydrogen (fuel), it has a potential to grow big.

XRP's will be used to strengthen the development team, fund the development, make integration with more companies like ZipZap, make good marketing and promotion of Ripple network all around the world. In summary Ripple will be the mother of all payment systems, let me call it the "integrator" of all payment systems. It will erase the line between crypto-currency world and conventional payment systems by accepting both crypto and conventional worlds to create their Ripple Gateways.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: ahbritto on September 27, 2013, 06:35:16 PM
100 billion XRP which are in OpenCoin (Ripple Labs) possession will be used to make Ripple bigger.
Approximately 3 billion XRP have been distributed.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: mah87 on September 27, 2013, 06:36:06 PM
Huge news - this will be great for Bitcoin and all crypto!  It's what everyone holding Bitcoin has been dreaming of for years!

Yes, that's for sure, 700 000 cash-in locations is just the start. People don't realize that most of those, 100 billion XRP which are in OpenCoin (Ripple Labs) possession will be used to make Ripple bigger. So if we compare Ripple with a star, Ripple is a star that has huge amount of hydrogen (fuel), it has a potential to grow big.

XRP's will be used to strengthen the development team, fund the development, make integration with more companies like ZipZap, make good marketing and promotion of Ripple network all around the world. In summary Ripple will be the mother of all payment systems, let me call it the "integrator" of all payment systems. It will erase the line between crypto-currency world and conventional payment systems by accepting both crypto and conventional worlds to create their Ripple Gateways.

+1


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 09:43:01 PM
I did some more research and in addition to US cash-in location, ZipZap has coverage in Brazil, Russia and CIS countries.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: mah87 on September 29, 2013, 10:28:29 PM
I did some more research and in addition to US cash-in location, ZipZap has coverage in Brazil, Russia and CIS countries.


Do you have information like number of zipzap customer ?
What is zipzap yearly income ?


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 11:16:45 PM
I did some more research and in addition to US cash-in location, ZipZap has coverage in Brazil, Russia and CIS countries.


Do you have information like number of zipzap customer ?
What is zipzap yearly income ?

ZipZap is not unknown company, it's quite well known even in the Bitcoin world. For example, by creating partnership with ZipZap, BitInstant was able to provide this service https://bitcointalk.org/index.php?topic=83209.0

It was revolutionary for BitInstant and I'm sure it will be the same for Ripple.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: cbhelp on September 29, 2013, 11:18:51 PM
Ypuvcant even join zip zap. Its by invitation only unless I'm blind


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 11:24:01 PM
Ypuvcant even join zip zap. Its by invitation only unless I'm blind

Just as this service is available via BitInstant, it will be probably available via Ripple, so not directly via ZipZap, but via their partners...


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: cbhelp on September 29, 2013, 11:28:28 PM
Bitinstant site is shut down. Indont know of anysite that takes zipzap, especially for btc.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 11:38:52 PM
Bitinstant site is shut down. Indont know of anysite that takes zipzap, especially for btc.

I think it will be exclusive partnership between Ripple and ZipZap, because ZipZap CEO is also a member of Ripple Labs Advisory Board. By providing 700 000 cash-in locations Ripple is on the right track.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: Argwai96 on September 29, 2013, 11:39:05 PM
so nobody seems to know, then? how big is zipzap, what markets they serve that meaningfully add to adoption of the protocol? when is this supposed to happen, anyway? how are you sure that Ripple will be offered in 700k locations? not sure about that.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 11:40:35 PM
so nobody seems to know, then? how big is zipzap, what markets they serve that meaningfully add to adoption of the protocol? when is this supposed to happen, anyway? how are you sure that Ripple will be offered in 700k locations? not sure about that.

Read the  OP (https://bitcointalk.org/index.php?topic=303336.msg3245407#msg3245407)


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: mah87 on September 29, 2013, 11:47:42 PM
so nobody seems to know, then? how big is zipzap, what markets they serve that meaningfully add to adoption of the protocol? when is this supposed to happen, anyway? how are you sure that Ripple will be offered in 700k locations? not sure about that.

Read the  OP (https://bitcointalk.org/index.php?topic=303336.msg3245407#msg3245407)

I read it. 700k location doesn't mean anything in itself.

How many actual customer ? Annual turn-over ?


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 29, 2013, 11:49:52 PM
so nobody seems to know, then? how big is zipzap, what markets they serve that meaningfully add to adoption of the protocol? when is this supposed to happen, anyway? how are you sure that Ripple will be offered in 700k locations? not sure about that.

Read the  OP (https://bitcointalk.org/index.php?topic=303336.msg3245407#msg3245407)

I read it. 700k location doesn't mean anything in itself.

How many actual customer ? Annual turn-over ?

I don't know, Google it


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: mah87 on September 29, 2013, 11:52:57 PM
so nobody seems to know, then? how big is zipzap, what markets they serve that meaningfully add to adoption of the protocol? when is this supposed to happen, anyway? how are you sure that Ripple will be offered in 700k locations? not sure about that.

Read the  OP (https://bitcointalk.org/index.php?topic=303336.msg3245407#msg3245407)

I read it. 700k location doesn't mean anything in itself.

How many actual customer ? Annual turn-over ?

I don't know, Google it

I tried to find those information already and didn't found anything. Reading your thread I thought you could provide meaningful information but actually it's just hype. thanks anyway.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 12:03:35 AM
ZipZap doesn't provide customers, it provides cash-in locations. For example, you don't ask how many users have used particular ATM machine, you ask for it's location to be near you.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: cbhelp on September 30, 2013, 12:06:23 AM
ZipZap doesn't provide customers, it provides cash-in locations. For example, you don't ask how many users have used particular ATM machine, you ask for it's location to be near you.

There's a company named close to this then that does echecks


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: mah87 on September 30, 2013, 12:08:18 AM
ZipZap doesn't provide customers, it provides cash-in locations. For example, you don't ask how many users have used particular ATM machine, you ask for it's location to be near you.


Let me rephrase it.... how many users ?? how many transactions ...? etc....  ::)

edit:My point is that zipzapinc may be a dying start-up with aggreements with 700k locations but not customers and trying to find a new way to make business or find some funds with xrp/ripple.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 12:21:56 AM
ZipZap doesn't provide customers, it provides cash-in locations. For example, you don't ask how many users have used particular ATM machine, you ask for it's location to be near you.


Let me rephrase it.... how many users ?? how many transactions ...? etc....  ::)

edit:My point is that zipzapinc may be a dying start-up with aggreements with 700k locations but not customers and trying to find a new way to make business or find some funds with xrp/ripple.

Sorry, I can't help you with that, we think completely different.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: btbrae on September 30, 2013, 12:24:51 AM
So if I'm right ZipZap will probably enable people to purchase XRP online and then complete the transaction with cash at for example, a local CVS store. Thus giving quick entry into the Bitcoin market for many people. So someone might purchase XRP and then trade them for Bitcoin using the Ripple network.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 12:29:27 AM
So if I'm right ZipZap will probably enable people to purchase XRP online and then complete the transaction with cash at for example, a local CVS store. Thus giving quick entry into the Bitcoin market for many people. So someone might purchase XRP and then trade them for Bitcoin using the Ripple network.

Yes, I guess that ZipZap will become a Ripple Gateway, but we must wait to see what currency could be ordered, I guess xrp, usd and btc.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 12:50:29 AM
Since I have used ZipZap\Moneygram, let me added my take on this news.

Last year I went to BitInstant.com and got a ZipZap deposit number.  When to my local Walgreens (pick you location nearest) to transfer the money.  Went to the RED phone in Photo area and picked it up; it goes instantly to Moneygram operator who verified my name/info and destination.  Then, I went to the checkout counter where they have a monegram\zipzap screen view of transactions pending at their location.  I paid my order.  "Eventually" got my coins from bitinstant.  Note to all, you have to be legit on this, they verify ID etc.  There is a KYC paper trail, which I am perfectly fine with.

The reverse will be the same.  Send to Walgreens with ZipZap transaction ID.  Verify on red phone.  Pickup cash at location.  Obviously, withdrawal amounts are limited.

Now, how does this apply to this (rumored) Ripple news.  It would only mean that Ripple is competing with BitInstant now.  That is it.  It has ZERO bearing on the price of XRPs.  The ripple currency was never meant to have any value.  In fact, they are only used to execute transactions in Ripple network.  Also, 1 ripple....just one ripple...is enough for 10000 transactions.  So, you only will ever need a few for your whole life.

Thanks for sharing your experience. Ripple XRP has many purposes inside Ripple network. If we assume that Ripple network is going to be successful, then XRP is more valuable then any IOU. XRP is the only currency that you can send without fee, you don't have to set trust in order to send/receive XRP and lastly it could be exchanged for any IOU.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: ahbritto on September 30, 2013, 12:54:13 AM
... The ripple currency was never meant to have any value.
XRP uses:
  • Prevent transaction spam
    To protect the network from excess transactions, transaction fees are raised when the network is under load.
  • Prevent ledger spam
    To keep processing fast, the ledger size must be limited. XRP reserves are required to occupy space in the ledger.
  • A natural bridging currency
    XRP has low friction, can not be debased, and has no counter party risk. Market makers may use XRP to make a profit providing inter-gateway liquidity at a spread.



Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 09:10:04 AM
Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: klee on September 30, 2013, 09:10:53 AM
Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.
Yet the price is in decline  :( ???


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 09:13:52 AM
Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.
Yet the price is in decline  :( ???
People think that they could make some money by pumping and dumping, few of them probably will, but other I don't think so :D Best trading rule is don't fight the tide and listen the news, not rumors, but news.


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: klee on September 30, 2013, 09:24:36 AM
Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.
Yet the price is in decline  :( ???
People think that they could make some money by pumping and dumping, few of them probably will, but other I don't think so :D Best trading rule is don't fight the tide and listen the news, not rumors, but news.
Bought some more at 12K BTC and sold at 10K  ;)
I was hoping it would go around 5K though..


Title: Re: Another BIG NEWS for the Ripple XRP!!!
Post by: AmazonStuff on September 30, 2013, 10:46:14 AM
I have found this interesting hidden demo page, it's for the merchants only, but it explains how ZipZap might work:
http://www.zipzapinc.com/demo/

Cheers! :D