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After perusing it, it looks like you're not going to specialize in arbitrage, like you had mentioned in your original post back in April. Are those plans shelved or are they the ones you hinted at adding for the future?
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It was a joke, you do not understand the Chinese people's sense of humor. . . . . . 兰博你个大骗子。卖算力开IPO还好意思跑英文版来泼别人脏水。 Rambo you a big liar. Selling count Likai IPO have the nerve to run English dirty water splashed others Man, Google Translate is funny. |
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The answer to the OP needs to be a sticky
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LOVE the instant transaction. I have done it twice and had access to the coins within 5 minutes...
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Are your really a loser or are you just "loose" with your money?
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i speculate TA doesn't mean jack shit to bitcoin.
Actually it does, particularly to bitcoin... because of the lower liquidity (compared to stocks or futures) the patterns are more defined and easier to see... but nevermind, you've already made up your mind. Moving along... |
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crazy_rabbit is continuosly promoting alternative currencies, including Bitcoin testnet coins. He strives to put his ads in the Bitcoin discussion thread, instead of the alt-coins thread, where it should really stay.
In my opinion, this behavior does no good to the cryptocurrency world. Currently, all alt-coins are just forks any guy can create in one afternoon, and just dilutes the focus on Bitcoin.
Anyway, I will personally abandon Mt Gox if this happens and I will join some other exchange.
Bye, bye! |
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BTC-e would have to become a ripple gateway like Bitstamp before you could do that.
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Could someone offer an informed summary on OKPAY - who used it and why was it a desirable choice compared to say wire transfers?
OKpay was the easiest way to send money to BTC-e. |
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I want this on record that I cannot understand Ripple. I am not the smartest on these forums, I know that, but when I found bitcoin I keep researching the answers to questions I kept having. I am still in that research process, 2+ yrs later: and I'm still finding answers, and I'm never left hanging without an answer - I am always able to find it for myself or ask Freemoney to explain it to me.
With Ripple, I only generate questions, not answers. How the pre-mine work? what is an xrp, in reality? who got 50B xrps? so they hold all the Ripple "debt" ? so the initial friends of opencoin get most of the initial rights to issue trust (debt) ? - I watched that video about Gateways and pathways and became extremely confused. I cannot find any answers. How do I sell 1 btc for USD? Is this possible with ripple?
It seems way too complex and not needed in any way.
I have said this about litecoin / devcoin / feathercoin [lol] / the other alt-cryptos - there is 1 world-wide adopted crypto-currency, it's called bitcoin, and many many many businesses will be built on top of this amazing layer - PPl will try and copy this bitcoin model in many ways, trying to create another "base layer" for others to build on, but there is not a second bitcoin IMO.
After reading the whitepaper and their website, it seems to me that Ripple is trying to be bitcoin, or seems jealous of bitcoin - but again I admittedly do not understand it nor will take much more time to do so unless many of the bitcoin'ers that I respect start supporting it or at least explain it to me.
Ripple is not a "coin" and was never meant to be, and this is where it's detractors are willfully trying to mislead you. XRP is a common denominator liquidity provider inside the system that facilitates the transfer of differing currencies, including bitcoin. It is used so that one can turn a currency into another one and is done automatically and seamlessly to make payments easy. Any value gained by holding this internal liquidity provider is a side effect, but not the main purpose of ripple. The whole "Oh, its premined!" argument is laughable, because it was never meant to be a mined cryptocurrency in the first place and this concept is something that some members of this forum cannot seem to grasp, therefore they attack, mislead and just basically lie because they're afraid of something unknown. Tradefortress has admitted he was a supporter of Ripple at one time, so he obviously saw something of value in it, but it seems mainly because it is not opensourced (the client is, BTW) he has decided to go into seek and destroy mode using basically nothing but speculation as attack vectors. We'll see who's the fool in time. |
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Why do I see so many calls for implementing distributed Bitcoin exchanges or putting up more robust/centralized Bitcoin exchanges when we will soon have Ripple, which perfectly provides distributed order books?
Oh, maybe because ripple is a scam ? [check my signature] Also, latest posts of yours are a pretty straightforward proof that you work for them. How much do they pay you per post ? Also, did i mention that RIPPLE IS A SCAM ?. If not, then I am saying it now: RIPPLE IS A SCAM. It is neither "decentralized" or "open source". It also does not base on the same underlying cryptography as Bitcoin. Rules can be also changed at will, and they can print more XRP at will. All the stuff on their site & wiki - It is all bullshit & lies.---- In other news: Ripple is a scam. Give it rest, it's old and tired. You're gonna look like a fool in a few years, after it 's proven that ripple was in no way a threat to bitcoin. Both will still be around, despite your FUD. |
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Tradeparanoid: Yes and the future of bitcoin can be called into question when the blocksize limit is changed. Tons of people get their bitcoin accounts hacked all the time. What else can happen? I don't know, but I'm sure we can speculate like you can. Speculation is not fact.
Your entire argument against ripple is speculation and whatif's designed to create fear and doubt in the minds of the ones who have just a casual knowledge of it i.e. your little "social experiment".
Do better. You sound like a psuedo-messiah whose religion has been threatened by an alternate interpretation. Please stop sounding so desperate, it's not good for bitcoin.
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bitcoin will never reach the hights of the previous bubble, too many people learned their lesson
Laugh. Out. Loud. |
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Ripple would fullfill this need
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At least you are honest about that. Everyone has to earn a living, but man, I dont know how you sleep at night.
The secret is to never make an argument you don't believe or can't rationally defend and to concede when you are wrong as quickly as possible rather than digging yourself in further. I have also learned that extending people an almost unreasonably strong presumption that they are arguing in good faith goes a long way as well. The range of honest disagreement is much broader than generally appreciated and as long as you're not talking about religion, most people can be reached by reason eventually. You just have to keep trying. The way that some people are reacting to Ripple you might as well be talking about religion. |
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I misunderstood.
I'm sorry I'm taking your quote out of context, but it really defines the main problem that besets Ripple at the moment. |
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plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.
ripple is not a scam. |
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Damn, you are the single reason that I KNOW ripple is not a scam. The quality and logic of your posts is just too much for the likes of ripplescam.org and their ilk. Thanks. The funny thing is, two years ago I was defending Bitcoin against these exact same types of arguments -- "Bitcoin is bad because people can use it to buy drugs." "Bitcoin is a scam because the early adopters mined a whole bunch before it was open to the public." "Bitcoin is bad because a fixed number of Bitcoin will exist and nobody has any say over the rate at which they're produced." And so on. I know. The main reason I have such a problem with these people is because they're calling it a scam, which is way different than calling it flawed. Ripple may be flawed (who knows maybe it's not, it's way too early!!!), but that doesn't mean it's a scam. |
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If you want to repeat the same points I've already addressed, please don't style them as a question to me, as if I haven't already answered them several times. You already know my answers. If you're so big on honesty, honestly say that you disagree with my positions, rather than asking me to repeat them yet again as if I've never responded to these points. I've reviewed the post history of anti-scam and have concluded that this person is either unwilling or unable to participate in any sort of rational discourse. I put them on ignore. It seems they created the account just to bad-mouth Ripple. antiscam is probably being paid by TradeFortress and the vehemence with which both oppose ripple makes me think that one or both of them is the originator of ripplescam.org. I thought TradeFortress was known to be the originator of ripplescam.org? At least that's what I thought when I saw his old sig pop-up with "Ripple is a scam!" in a huge font linking to that site hahaha Uh, no, anyone who subscribes to the ideals that ripplescam.org endorses is encouraged to use that sig. I've seen three or four of them. It doesn't necessarily mean he's the owner. |
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The problem resides on the fact that IOUs can be backed by thin air. You need to trust third parties, and this is the very core problem Bitcoin was designed to address. IOUs *can* be backed by thin air, but they don't have to be. Surely you're not suggesting that systems like Ripple and Bitcoin should protect people from making bad decisions. We all know how we ended up in this huge financial crisis. Spirals of debt backed up by nothing. Ripple reproduces this fatally flawed system in a p2p fashion.
"People can use Ripple to do bad things therefore Ripple is bad." I utterly reject this argument. The correct question is, "Can people use Ripple to do good things?" Imagine if hammers were new. We'd hear arguments like, "Hammers are bad because you can hit someone in the head with them. When hammers go on sale, everyone using them will have sore thumbs and be beating people on the head". When something is new, it's hard to recognize these arguments for what they are, but this *is* what they are. Does Ripple require you to accept IOUs backed by thin air? No. Does Ripple prevent you from telling the difference? No. Does Ripple let you choose precisely which IOUs you accept? Yes. Will people occasionally make mistakes and get hurt by them? Probably. But the same is true of pretty much everything. If you think about my federation example and imagine PayPal and Dwolla both federate through Ripple, it will be PayPal and Dwolla that will be managing the issuers. To the users of both payment systems, it will be just like they were paying another user on that same payment system. Damn, you are the single reason that I KNOW ripple is not a scam. The quality and logic of your posts is just too much for the likes of ripplescam.org and their ilk. |
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