Bitcoin Forum

XRP ( RIPPLE ) Discussion - All about XRP

What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?

I dont like anything that isn't Bitcoin for long term, maybe add in very experimental decentralization projects such as MaidSafe. Other than that I have no idea about Ripple, it doesnt seem specially interesting to me.

Ripple has its own distributed exchange inside its wallet. You can exchange XRP to BTC instantly on the exchange inside the ripple wallet. Click trade, then advanced to see it inside the wallet.

ripple still have large amount not distributed

i am waiting their next stage  :D

Yes I think the same, the marketcap is already huge so I think its worth to hold some 5-10BTC in XRP as long time investment. What do you think, is it worth to do it? While the price is 0.015$ ?

its very worth
i allready spend my 30BTC
just GO and HLOD
sure you will smile when price explode :)

Thank you for your opinion. Lets see how market will goes in future, anyway I hope that XRP will increase in value stable in long term.

Alot of people dream about a value of 1$. If xrp makes a bubble like bitcoin did we could expect an even higher value. But Ripple is different than bitcoin. I think can not compare ripple with bitcoin. In Ripple People dont have to invest so much money in mining equipment and energy to get xrp. Xrp is just here and ripplelabs gives them away for FREE. they hold back a big amount of xrp to sell.... there are much different factors. I also hope it goes to 1$ but I think its very unlikely. Maybe 0.1$ is more realistic

BTC are distributed by math. XRP are distributed by 3 guys at their whim. XRP could still be a good long term investment, but I wouldn't bet on it.

https://bitcointalk.org/index.php?topic=873723.msg9661686#msg9661686

Yes, I think you are true, its dont allow to feel safe if distributors of XRP holds such big part of issued XRPs :/ Anyway, its all more or lest just a game, so anyway I will invest what I can afford to loose and lets see what will happen with my 5-10k$ investment after a year :) Hope for the best.

In your post you state that 90% of XRP are controlled by 3 guys; this is inaccurate. A majority of XRP (69%) is held by Ripple Labs (https://www.ripplelabs.com/xrp-distribution/).

XRP distributed to Chris Larsen, Arthur Britto, and Jed have all taken different paths. Chris Larsen has apparently used a majority of his XRP to finance the Ripple Foundation for Financial Innovation (https://forum.ripple.com/viewtopic.php?f=1&t=9001). XRP of Arthur Britto are controlled by a lock-up agreement (https://forum.ripple.com/viewtopic.php?f=1&t=7641&f=1&t=7641), and Jed is restricted in the quantities of XRP he can sell (https://forum.ripple.com/viewtopic.php?f=1&t=7641&f=1&t=7641) over the next 6 - 7 years.

Concerns regarding the potential impact of the founder distributions were proven valid, however, when Jed apparently flipped out and threatened a fire sale. He had allegedly attempted to force Ripple Labs into a buyout agreement of his share, and then proceeded to announce to the community the beginning of the sale of his XRP---in tandem with promoting his new project. He then walled himself off from communication, ignoring repeat community questions and concerns and putting the people that trusted and supported him at enormous financial risk. XRP value cratered, and remained depressed for a long long long time. It has since recovered, following the more recent founder developments noted above---as well as the steady stream of good news for the Ripple network (https://bitcointalk.org/index.php?topic=882698.0). I agree with your concerns, but believe the Ripple network has now moved beyond them.

A key takeaway for me has been that we cannot assume any actor will not act against what the community perceives as being in that actor's best interest. It applies to all cryptocurrencies.

I had previously heard a lot of arguments along the lines of Satoshi would never dump his BTC; it would kill the BTC exchange value therefore conflict with his or her best interest. Motivations beyond profit may exist, ranging from an unsound mind, having an axe to grind, promoting a competing project, immaturity, or even just pure destructive glee. If Satoshi Yakamoto had a stroke, would you still trust in that individual's reasoning relating to the best uses of their share? Ability to securely manage their private keys? Not become vulnerable to manipulation?

Legal agreements do not eliminate the risks, but they can be interpreted to mitigate risk for investors. I take comfort in knowing Ripple Labs, its board, and investors provide checks and balances over the distribution of XRP---as well as the more recent founder allocation developments.

I hold XRP as a long term investment, and do not recommend anyone in invest in any cryptocurrency without performing thorough research.

If you ride the wake of the pump and dump crowd, then you have a high likelihood of being disappointed by the Ripple Labs stewardship of XRP. Ripple Labs is not interested in driving short term speculation, and take a long long long view (relative to cryptocurrency community expectations) of building the value of XRP.

One other thing to keep in mind:

Ripple is focused on banking infrastructure, not end user products. One danger in this approach is that banks like to create consortiums for the products that they rely upon in common. It's entirely conceivable that a number of bulge bracket or central banks could adopt the Ripple protocol, for their own version, run their consensus nodes over a private intranet/VPN, and obviously, use their own token.

TLDR; banks could adopt the technology and yet make XRPs relatively worthless.

While I'm not familiar with the corporate structure, I have no reason to believe that as CEO, Chris Larsen is not firmly in control of Ripple Labs and that any and all decisions about how to distribute the 69% XRP mentioned go through him.

When you add that to the XRP controlled by Larsen, Britto and Caleb personally you get around 90%. While they have committed to restricting the quantities that they can sell and in theory Larsen has committed to giving his away to charity, I remain quite skeptical that these agreements are locked in stone. I stand behind my statement - 3 people control 90% of XRP and you have to trust them. The same cannot be said for BTC where satoshi possibly controls as much as 7% today (1m out of 13.7m) 4.7% long term (1m out of 21m).

Thank you for your nice reply. Hope that my idea about long-term investment and holding XRP will get me to profit not total loss :)

I keep an eye on the XRP market cap.

It's increasing nice and linearly each day.

Most promising, for me, is the market cap of XRP relative to BTC. Currently it's about 1/5th or 1/6th the size of Bitcoin.

Interestingly, XRP is showing good price resilience compared to the price of Bitcoin (which has been going down a lot these last few weeks).

I have given up on Bitcoin (almost entirely). I only use Bitcoin now to buy XRP. I'm holding a good bit of XRP. Still cautious though. Watching developments very closely. One big deal could see a price explosion.

The market cap of ripple relative to BTC is currently more than 1/2, certainly not 1/5th or 1/6th https://www.ripplecharts.com/

I keep a close eye on http://coinmarketcap.com/ every day

Auroracoin & Paycoin are testament to the disingenuity of such an approach.  Real ripple market cap, as said is more than half that of btc, or mastercard at IPO.

Coinmarketcap does not show ripples true market cap (like XRP disbursed in business relations, to partners, Sweetheart deals etc. It just shows the amount not privately held by the for-profit corporation, that you have the potential to buy ..like from those who haven't already nearly given their free stakes (& sockpuppet stakes) away long ago because they can't figure out the clunky trust IOU models work.

XRP is not useful as more than anti-spam bridge currency, it's not equity in ripple labs.. certainly even huge institutions have no need for more than a modest amount, let alone home traders. Perhaps one of it's saving graces is that it can't be frozen or seized like your fiat funds in Ripple could. Which is the real value in ripple network, a quasi-decentralized value transmit network. It has the ability to innovate legacy systems,  it gets hype in fintech circles that bitcoin will never get because it panders to different purpose, and is fit for different mindset ..

Your only hope is that almost no-one else realises this and also continues to rely on coinmarketcap, finally migrating en masse from what they deem is a btc sinking ship should ripple ever surpass 50% dollar denominated market cap relative to btc on there (by which time it's already long since surpassed it completely)

Indeed - the real market cap is much less than what coinmarketcap shows which is just the total 100Bn XRP - the 69% that Ripple Labs holds. If Larsen, Britto and McCaleb were to sell their XRP into the market, then the price would plummet. The true market cap is more like $160m or 1/3 of that currently showing on coinmarketcap.

Even if your claim were true, Ripple would still be the 2nd largest crypto-currency and the fastest growing.

I agree that coinmarketcap.com is weak. I am most interested in the Total Network Value metric on ripplecharts.com (http://www.ripplecharts.com/#/), for long term network growth perspective. It reflects not only the value of XRP, but also the total value of assets traded on the network. I am not focused on short term speculation, however, so it may be a less useful metric for others.

I disagree that the breadth of XRP utility limits its potential exchange value. XRP can be used to make payments directly, the same as with any cryptocurrency. Everything else is in addition. If Bitcoin added multi-currency support---requiring the usage of BTC for that functionality---I would consider that a plus in support of BTC's future potential exchange value. In no way does XRP providing that utility guarantee the price will rise, but it does introduce additional future potential justification for a rise in exchange value.

I addressed founder allocation concerns (https://bitcointalk.org/index.php?topic=927925.msg10197057#msg10197057) earlier in this thread. it may be useful info if you are not aware of more recent developments.

In general, I think market cap is a pretty useless metric. It all comes down to how specific sites decide to calculate market capitalization, and valid arguments exist regarding the flaws and trade-offs of all the varied methods.

It seems you are suggesting that the coinmarketcap.com homepage calculates XRP market cap according to the full ~100Bn XRP supply. If you check the Available Supply column, you will see coinmarketcap.com is using solely the number of XRP not held by Ripple Labs.

If you would like to see the marketp cap calculation result based on all XRP (total supply), you can view that by switching to the Total Supply display, by using the Currencies tab dropdown. I believe coinmarketcap.com is already showing the 1/3rd value of the total supply that you believe is most accurate.

Coinmarketcap.com previously used the full ~100Bn XRP (total supply) for its calculation, which has led to frequent confusion.

Agree fully.

I just use conmarketcap.com as an indicator.

I find coingecko.com useful too. Ripple is only listed #4 there (their algorithm doesn't seem to realise that the discussion takes place on xrptalk.org whereas the formal talk goes on at forum.ripple.com; hence the ridiculous "Community" rating they give Ripple)

I'm not invested in ripple atm but do agree, I think it only takes a glance at ripple to see they have the formula for success, all the right people on board and all the right palms ready to grease. even if what we have today is a bastardization of fuggers original vision, it's understandable why RL took the approach they have. They're operating at levels litecoin-fork shitcoin creators couldn't dream of and got VC cash to burn through, partnerships on tables, keynotes to deliver. They will be operating like a well oiled machine, marching forward strategically while people here are still stuck on digging out dogcoins with dusty gpu's hoping to get rich

I see ripple/btc a bit like money & antimoney http://phys.org/news/2014-04-econophysics-antimoney-financial-crisis.html Both can be complimentary and Ripple has some obvious direct benefits and some non-obvious benefits to traditional finance system for an average guy that end up trickling down, giving rl themselves a good value proposition. The kind of infrastructure they have built, the kinds of people they can appease with their polish is more favorable as a natural evolution or re-vision of legacy finance system than bitcoin is, although btc-> bank bridge like epiphyte for bitcoin helps a little.  

 I see no reason that the market, especially big players won't drive price this 'anti-spam' token up further than they have already, it's the closest they have to shares in the ripple protocol actually using xrp directly as a 'currency' is a further stretch, Even bitcoin suffers the same pitfalls, switching between a hoarded commodity and currency. Suppose at the end of the day anything can happen- all it takes is a combined belief of many.

What's your opinion on projects like hyperledger that could do the same thing as ripplewithout the need for a stake of bridge currency controlled majorly by relatively few though?

As to the alternate currency on bitcoin approach, it's gaining a little traction https://xrptalk.org/topic/4480-gateway-concept-is-spreading/ it's haphazard and immature now but developments on sidechains could allow for further experimentation

also since you seem knowledgable about ripple, I see a lot of  fluffer/spam activity on the books (particularly during price increases)

e.g:

https://i.imgur.com/nGZARoN.png

https://i.imgur.com/SxNwCJ3.png

e.g:
do you think this RL's contracted market makers on crack or independent actors, could you see a reason for this behavior?

Also this, are you aware of this being addressed?
https://forum.ripple.com/viewtopic.php?f=1&t=8668

In the past, Andolfatto has been bearish on bitcoin as a currency, arguing that distributed "payment systems like Ripple come closest to unlocking the full power of bitcoin’s original ledger."
http://www.coindesk.com/federal-reserve-bank-vp-protocol-just-like-bitcoin/

I am not familiar enough with hyperledger to have an informed opinion. All that I can say is that it will be awesome as more competition moves into implementation and adoption phases.

Ample opportunity for innovation exists right now. I think Ripple has a lead on adoption and implementation maturity, but the future is open---and I expect increased competition. As people begin to thoroughly understand all that Ripple offers---and why it is attractive for solving financial problems that exist today---I hope to see more people building upon its fundamental concepts.

I am hopeful for technologies like Ripple to level the playing field between individuals and FIs. I recently read about the 1970s Irish Banking Crisis (http://[url=https://hbr.org/2010/11/the-irish-banking-crisis-a-par/), and am left wondering how systems like Ripple and Codius could fill in the gaps. I would like to see Ripple succeed, personally, but any systems that get us there are a good thing.


Good stuff. I have a lot of excitement for the potential of 2 way pegging and smart contracts.


I suspect poorly coded bots or intelligently coded bots designed to mess with poorly coded bots and day traders. I lean toward independent actors being the source, but that is purely speculation.

At the moment, I believe Ripple Labs is targeting solving the spam and unfunded orders concerns or on the client side. I believe it is a problem that needs to be solved.

Ripple really has moved away from creating features desired by and supporting the individual. https://ripple.com/integrate/executive-summary-for-financial-institutions/#Who can use Ripple (https://ripple.com/integrate/executive-summary-for-financial-institutions/#Who can use Ripple)

"Who can use Ripple?
Ripple is designed to be used directly by interbank payment network members and operators and by liquidity providers; but not directly by end-users (e.g. consumers). This is similar to how payment infrastructure is used today."

This doesn't seem to me like the kind of product that will really change the world, besides reducing bank costs and speeding up interbank payments. Banks have no interest in freeing consumers to be able to perform digital transactions between parties where the bank doesn't know all parties involved - something that Bitcoin excels at. I'm not saying that Ripple is useless or that it's not an evolutionary step forward from where ACH/SWIFT is today, but that it certainly doesn't compete against Bitcoin when it comes to either a store of value (investment) or end user payment service.

(I've held XRPs from time to time, not a hater, but not a Kool-Aid^TM convert either.

I understand that Coinmarketcap used to use the full ~ 100Bn XRP supply for the calculation, which was ridiculous since most of it wasn't available for trading. I am saying that the current 31Bn used by Coinmarketcap is also off by a full 66% since ~ 20Bn XRP are locked up with 3 owners and not available for general trading. Sure, one could argue that the 7% held by Satoshi isn't available for general trading as well, but I'll take the 7% held by Satoshi vs the 66% of the 31Bn held by 3 people any day when comparing real market caps.

That's why I say that the ~$480m market cap should really be closer to the $160m that actually trades hands and isn't locked up (even temporarily).

Point taken about market cap.

At what point will Bitcoin start getting worried about Ripple's market cap?

I would probably say that adoption would be a bigger concern than market cap. If massive companies like Google, Apple, Facebook, PayPal etc start getting hundreds of millions of users using Ripple powered IOU tokens while BTC ends up being a niche product with far fewer users, integrated with fewer modern financial services companies (PayPal, Apple, etc), then I'll be concerned.

In terms of pure market cap, I would take a greater note of XRP as a store of value when 50% of it is in end user hands - about 5X from the 10% distribution where we are today.

XRP price is now about 30,000 per BTC.
With Fidor Bank and other transaction processes also being reviewed for suitability on the network, I expect the price to go up 10-fold this year.
Also note they were picked up for missing AML processes by FINCEN last week..
Any thoughts

Get your family to use their life savings on XRP then.  You'll all be rich.

I think right now RIPple is in trouble, maybe they manage to surpass it.

Hey Tokeweed, your sarcastic tone has no future here. Youve been reported. Step off.

You made an assertion with zero evidence. Ripple are doing very well thank you very much. You might even join the party one of these days.

He's referring to the big fine FINCEN gave them recently.

After FINCEN fined Ripple Labs and is telling them what to do with Ripple...  Ripple as a protocol is gone.  It is Paypal 2.0.  Sell.

Uh oh......bitcointalk is advising to sell XRP. You know what happens next.

An uptrend? ;D

Ridiculous comparison.

Ripple are compliant and are focused 100% on fitting into existing legal systems and regulatory environments. Bitcoin operators must be looking at FinCEN and get very scared at the consequences of new laws and regulatory muscle flexing. This is only the beginning.

Anyway, Ripple Labs isn't interested in explaining to people like you (Bitcoin zealots) how Ripple's technology works, what Ripple Labs are doing and what's coming down the tracks. In fact, they aren't interested in polluting their ecosystem with Bitcoin zealots because they've seen what has happened to the Bitcoin community and don't want to repeat the same mistakes. Go have your own anonymous, decentralized, untraceable fantasy world built on 2008 technology; but nobody is going to participate in this anarchist hippie commune Utopia because guess what? Nobody wants to!

So ask yourself this, how come you're on anarchist-hippie-commune-Utuopia-talk.org rather than forum.ripple.com? I agree that Ripple Labs isn't interested in gaining traction with Bitcoiners, so why are you bothering to argue it out here? Oh, because Bitcoin has 50X the volume, users and interest.

[currently] has.

Bitcoin's userbase and interest is in terminal decline. Ripple is growing healthily - easily #2 cryptocurrency.

And yes, I have a forum.ripple.com account (which is quite corporatey) and an xrptalk.org account (which is far more fun). You should try it some time. You might even enjoy yourself.

I've got accounts on both, hold a bit of XRP even. What I don't do is bother crapping on Ripple and expounding on the merits of decentralized Bitcoin all over those forums. I'm sure people would find it annoying and I would be wasting my breath.

A bit of XRP.... what like 55 of them?  ;)

Do you have any evidence that Ripple Labs is making money... and not just burning through cash?

With > 100 employees they are burning through at least $20,000,000/year. Maybe more.

Does XRP legally entitled anyone to a "share" of anything?

Can XRP be done away with in a major merger with a bank and replaced by a stock offering for employees?

Ripple started as a kind of "people's money" with "trust circles"...
But it was all complete bullshit as a way of co-opting the Bitcoin ecosystem to bootstrap a banking network.

The Ripple executives are completely ruthless and untrustworthy...
They don't give a shit about small users or small investors except to use them for liquidity and PR.

That's why I will trade almost anything... but would never touch XRP.

"Ruthless" seems to be one of the main traits for the people on the billionaires list. Sometimes you make money riding on the back of the ruthless and sometimes you lose it all. 



I would just hate to be the person at work a year from now doing the daily grind overhearing a little prick's conversation saying "Dude, I'm telling you, buy this thing called XRP at 3 dollars a piece and you will retire in 10 years."  All while you could of bought it at $.008 

Bitcoin does not have a monopoly on the cryptocurrency ecosystem (this idea is not uncommon in the Bitcoin community).

And if you "would never touch XRP", then don't. Nobody's forcing you (though watch out that your BTC transaction isn't executed on Ripple's rails... Lol.)

Bitcoin is 2008 technology that is not compatible with the real world. Bitcoin could have moulded itself to meet the needs of the real world. But no - Bitcoiners are a beligerent bunch who think things *should* work the other way round - that the "real world" should mould itself to Bitcoin ideology and Bitcoin philosophy (which has a very strong mix of extreme libertarianism alongside anarchists and hippie commune types - quite a motley lot).

And besides, I'm no more a "man of the people" than you are or anyone else is.

And yes, Ripple probably are burning through a ginormous amount of cash. They probably are selling XRP back to ordinary holders to fund their large and growing team of professionals (largely high quality, non-technical people - though their technical people are top-tier too).

They're out there globe trotting, doing what they do best and by all accounts, the reception they are getting from big businesses, governments and big banks is warm, positive and enthusiastic.

Which is a lot more than can be said for Bitcoin - a self-destructive community in denial.

For every 1,000 small fry Bitcoin users whose assets and influence tends to zero, there is at least one (and growing nice and steadily) person in the finance business who is looking at Ripple with increasing interest. There was a time where nobody heard of "Ripple". Now it's "oh yeah, one of our tech guys said something about that" to "yes, we have a small investigatory project underway that I can't say too much about". Soon it will be "yeah, we will be releasing a Ripple-based product soon".

Just to add to this (it's been over a month since I posted), it's now clear that finance houses and banks are not so secretive about what they're up to. They're increasingly open about the fact that they're piloting Ripple.

In the last 2 or 3 days, RBS and Santander have revealed that they're working with Ripple.

Exactly they work with Ripple, the company. They will never touch xrp's other than sell the free gifted once.
The deal is always the same the banks where given x millions of xrp for free with the contract stating that the are not allowed to sell for x amount of time.
The banks have no use for xrp, heck Ripple themselves have no use for them 99% of the time and will abandon it once all are given away or sold. 

Why do you think bitcoin has transaction fees? Ripple has them for the same reason.

Got a source for this?

The reserve will be distributed to the biggest fish and the fastest fish. Of course there will be T&Cs - they're hardly going to just give the reserve away for nothing?

I think Eamor's points are well taken about what Ripple is all about. It is on a whole other level of fintech then Bitcoin, it has massive venture capital to support it, with employees who are financial major players, going after the wealthiest institutions like top tier banks and remittance companies.

Why anyone in the crypto world does not recognize the huge upside of a minimal investment in Ripples xrp (100k ) is beyond my comprehension.

Going after top tier banks and remittance companies implies Bitcoin isn't doing the same, which is 100% false.   When banks and remittance companies investigate blockchain technology they first and foremost will always look at Bitcoin.  Ripple simply doesn't register.

Folks here were given 50k ripples way back when, so maybe feel that suffices as their minimum gamble on ripple, especially with prices higher now than they've been in some time.

Does anyone here though know about ripple private keys? Their IRC channel folk seem to be totally ignorant. A long time ago it apparently used to be that you had to run a ripple daemon of your own if you wanted your private keys to actually stay private. Is that stil the case or do clients now do all their own encryption so the ripple daemons they connect to never see private keys?

It seems ominous that there does not seem to be info anywhere about your private keys and why not to give them to third parties and stuff like that. Does the rippletrade website get your keys? It says nothing about your browser doing all the encryption nor, if it does, how to ensure the javascript it does it with has not been corrupted etc...

Is there even going to be privacy/security, or are they moving to a model where authorities hold your keys so they can reverse your transactions or whatever they want with your money?

-MarkM-

Which IRC channel are you talking about? Anyways, yes, you can of course still run rippled (https://github.com/ripple/rippled) to directly connect to the P2P backend, you can also locally deploy the client that also powers rippletrade.com (https://github.com/ripple/ripple-client) if you don't want to get the JavaScript served from Ripple Labs' servers or you can use ripple-lib to write your own client (or interface directly with rippled or a different API endpoint like RippleREST).

The security model of rippletrade.com is similar to blockchain.info: Your private key gets encrypted locally with a username + password and stored (encrypted) at a third party server (aka. "blobvault"). Source code for all components is available under a free license, in case you are wondering.

You have to trust rippletrade.com to serve you the correct JavaScript (it is ensured that you are actually talking to them via TLS), otherwise you can also host the code locally of course or write your own client.

The crypto is very similar to Bitcoin (same ECDSA curve, but seems like "soon" DJB's ed25519 curve will also be supported for signatures/keys, same base58 encoding primitives for addresses and other user-exposed binary data), so it shouldn't be too hard for you to verify what happens behind the scenes.

Authorities are not holding your keys and (unless you have a very simple user<-->password combo) also can't access them if they get a hold of the blobvault. Even if you own a private key of a third party, you can not reverse transactions (just like in Bitcoin), you can only transfer or trade what you already own, not what you have owned at a certain point in time.

Privacy is a different matter, since Ripple operates on balances, not references to previous transaction outputs it is relatively hard to "launder" money there compared to e.g. CoinJoin. This might chnage in the future, since the next larger feature is going to be Multisign afaik. which would allow several accounts to bundle their payments and thus obscuring individual money flows. In general it is possible to buy XRP anonymously and keep your account off the radar, once you really want to use Ripple itself though and not just play around with XRP, you might have a similarly hard time as with using Bitcoin really anonymous.

wat the go with the ripple site it so laggy and now i cant log in :(

I presume you mean rippletrade.com? It's undergoing a huge under-the-hood upgrade.

The Ripple network works perfectly - there was never an issue with it.

I don't think Ripple Labs want to be in the business of running a trading website with an exquisite front-end. They built rippletrade.com and offer it free of charge as an example of what can be done. Others (such as gatehub) are innovating and building even better trading platforms for the Ripple network.

Will Ripple hit $350,000,000 in market cap in first half of 2016? Yes or no? Dare to bet in bitcoin?
https://www.betmoose.com/bet/gamecredits-to-hit-1m-market-cap-before-jul-1-2016-1393?ref=scacco

I'm jsut starting to get into coin trading. which is the preferred exchange of ripple?

As for Ripple I would go with Poloniex...but that is my opinion only.


Use your best judgement.



 ;)

Why did Ripple go down in price since March? Has Jed been dumping his coins again? He signed an agreement to only dump a certain amount a year, and he might have chosen to dump this year's coins now.