granting that there was a gateway in argentina accepting argentine pesos? i couldn't see why not. you see, that is why we are spreading the word about ripple everywhere so we make more and more people aware of it and use it and build stuff above and around it whether you are a trader, a banker, developer, coder, merchant etc.. right now, what ripple needs is gateways, lots of them to make it easier for people around the globe to transfer money into the ripple network. so far we have a few. you can read more about ripple gateways here: https://xrptalk.org/topic/1770-guide-to-ripple-gateways-how-to-move-money-in-and-out-of-the-ripple-network/ and here: https://ripple.com/ripple-gateways.pdfso far the most liquid currencies in the network are btc, usd and cny. for a complete newbie guide, like how to send money in ripple, there are video tutorials here: https://xrptalk.org/topic/2204-video-tutorials-for-beginners/enjoy.  |
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^ that's the thing. does it even have to have a monetary gain to help promote the ripple protocol on a community level? or does it even mean that when i promote ripple, i am saying you should speculate in xrp? no. i am simply saying for everyone to try it out and see for yourself if it is something that might be of use to you, whether you are a trader, a banker, developer, coder, merchant etc.. then if not, move on. simple. but before pushing it aside, please read up on it first because most of the people that did push it aside are the ones who didn't spare a few minutes learning about it. again, here's the ripple primer: https://ripple.com/ripple_primer.pdf |
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they changed their default marketcap calculation to "market cap by available supply" recently.
This is the boring and simple answer. Ripple is what it is, maybe it will work though I don't really see how. "They are trading at a ridiculous 70 cents USD which is hilarious for a currency that no one uses." party: "i wonder if these people all share the same mental illness, or if it's more of a general hodgepodge of stupid." Gullanian: "Yeah the problem with this currency is it's pretty much untested and extremely volatile, and a better one might come along, or a security flaw might be discovered which will render the currency worthless in seconds." Scottyy: "Who is funding bitcoin? You can not make money out of thin air. What does Paypal do with the bitcoins people exchange for cash?" source: http://forumserver.twoplustwo.com/30/business-finance-investing/bitcoins-digital-currency-1011408/ |
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Ripple: Dead in the water before it started.
is it? i don't think so. not with these investors behind it: Just some of the VC's that are invested in Ripple. Andreessen Horowitz Andreessen Horowitz is a Silicon Valley-based venture capital firm with $2.7 billion under management. The firm invests in entrepreneurs building companies at every stage – from seed to growth. The Bitcoin Opportunity Fund The Bitcoin Opportunity Fund is managed by Barry Silbert, the founder of SecondMarket and the Bitcoin Investment Trust. The fund invests in bitcoin and other math-based currency companies, including Gyft, Coinbase and Tradehill, among others. Google Ventures Google Ventures is a radically different kind of venture-capital fund. The Google Ventures design, marketing, recruiting, and engineering teams work full-time with portfolio companies. Google Ventures also offers Startup Lab, a dedicated facility and educational program where companies can meet, learn, work, and share. Google Ventures will invest over $1B in the next five years. Founded in 2009, the firm has invested in over 200 companies, including Uber, Nest, Kabam, HomeAway, Parse, ngmoco, and RetailMeNot. Google Ventures is headquartered in Mountain View, Calif., with offices in Seattle, New York, and Cambridge, Mass. IDG Technology Venture Investment Fund IDG Technology Venture Investment Fund is managed by IDG Capital Partners, which, as a leading China-related investment team, was among the first to introduce foreign venture capital investment into China in early 1990’s. Since then the funds under its management have invested in around 300 diverse and successful portfolios, such as Baidu, Sohu, Tencent, Soufun, Ctrip, Tudou, Qihu360, Home Inns, Hanting and Kanghui. Over 70 portfolios have successfully completed IPO or M&A. Lightspeed Venture Partners Lightspeed Venture Partners is a leading venture capital firm with over $2 billion of committed capital under management and investment professionals and advisors in Silicon Valley, India, Israel and China with Lightspeed China Partners. Over the past two decades, Lightspeed partners have backed more than 200 consumer, enterprise and cleantech companies, many of which have become leaders in their respective markets, including Blue Nile, Brocade, Ciena, DoubleClick, eHealth, Flixster, Fusion-io, Informatica, Kosmix, LivingSocial, Lucky Pai, Nicira, Playdom, Pliant Technology, Provigent, Riverbed Technology, Solazyme, TutorVista, Virsa Systems, Waveset, and XtremIO. source: https://www.ripplelabs.com/investors/ |
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also watch this video: http://www.youtube.com/watch?v=sRgfC61Gc3Ei can't find a reason why ripple has no place in the crypto-currency space as some people have expressed. the space has so much room for more improvement and ripple is providing a solution to some of the issues facing bitcoin. |
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peter, you can use bitcoin or any other currency whether fiat or crypto in ripple. forget xrp for a little bit, and think of the ripple network as a whole. the beauty of the network is if you decide to send btc, you can choose which currency the recipient would like to receive. it's a sort of network value exchange on the internet. i suggest reading the ripple primer here: https://ripple.com/ripple_primer.pdfthere are also a lot of other features built in the network like a trading exchange and lots more ideas in the pipe line like smart contracts. why not give it a try. i'd be happy to activate your ripple wallet. just send me a pm. |
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^ amen. it IS brilliant and no one in the ripple community is taking anything away from bitcoin. without bitcoin, this whole movement wouldn't have taken place. as for this: And from the perspective of a speculator or cryptocurrency investor, why do I care about ripples since "ripples are an essentially valueless token with a misleading name." They are probably not an ideal store of value. i personally don't like the idea of hoarding xrp. they should be used rather than being held in order for it to fulfill its role in the network. but i do encourage people to try ripple out. it is an awesome piece of technology. It's funny. There's been a few moments in my life when I've been completely mind-blown by pure brilliance. The first was when I understood Fourier's theory that any function could be composed of an infinite series of sinusoids. The second was when I learned how JC Maxwell took the equations for electricity and the equations for magnetism, and showed that they predicted that there should exist electromagnetic waves that propagate at a speed equal to the speed of light measured by Michelson and Morley--he inferred that light was in fact an electromagnetic wave! being as smart as you are, i am pretty sure you will figure it all out sooner or later. i've seen people less smart do so. |
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peter,
ripple uses gateway iou's, yes. an iou is only as good as the gateway. so let's say the royal bank of scotland and mt.gox become gateways, which of the two would you rather use?
and
"xrp as a valueless token."
is as it should be in my eyes. how can xrp fulfill its function if it is being hoarded? xrp should be used mostly by market makers to provide liquidity in the network, so that it would be easier for ripple to path find the cheapest rates when converting and sending currencies.
but the reality of it is there will always be speculators.
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I would treat it as valueless token. as it should be in my eyes. how can xrp fulfill its function if it is being hoarded? xrp should be used mostly by market makers to provide liquidity in the network, so that it would be easier for ripple to path find the cheapest rates when converting and sending currencies. |
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^ they have an altcoin thread and i suggested they try ripple. but he mad at ripple.  i don't get how some people are angry at ripple with a passion. it only makes people more curious about it. and when they do try it, they'd soon find out that it ain't that bad after all. transactions are confirmed in seconds, built in exchange, currency conversion, etc... oh, and i am active in 2+2 since 2004. again, please show me where i posted a referral link. i didn't post any. |
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no one missed the boat, this is just the beggining, wait two years from now which will go fast, price is gonna boom
i completely agree... only up from here ripple sure is pretty fast. their interface needs some work imo but nice features... Anyone interesting in ripple should check out XNF (NoFiatCoin) you buy shares of gold basically. mine have doubled in about a month. yeah XNF is looking good. they have stepped up their game recently by becoming a ripple gateway. |
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omg this same f**king retard is spamming twoplustwo.com with his ripple bullshit referral program. lock & ban please.
eerrr, referral program? please show me where i posted a referral link? |
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Just some of the VC's that are invested in Ripple. They obviously love Ripple enough to invest in it, so I don't get why some people are not giving it a chance. Andreessen HorowitzAndreessen Horowitz is a Silicon Valley-based venture capital firm with $2.7 billion under management. The firm invests in entrepreneurs building companies at every stage – from seed to growth. The Bitcoin Opportunity FundThe Bitcoin Opportunity Fund is managed by Barry Silbert, the founder of SecondMarket and the Bitcoin Investment Trust. The fund invests in bitcoin and other math-based currency companies, including Gyft, Coinbase and Tradehill, among others. Google VenturesGoogle Ventures is a radically different kind of venture-capital fund. The Google Ventures design, marketing, recruiting, and engineering teams work full-time with portfolio companies. Google Ventures also offers Startup Lab, a dedicated facility and educational program where companies can meet, learn, work, and share. Google Ventures will invest over $1B in the next five years. Founded in 2009, the firm has invested in over 200 companies, including Uber, Nest, Kabam, HomeAway, Parse, ngmoco, and RetailMeNot. Google Ventures is headquartered in Mountain View, Calif., with offices in Seattle, New York, and Cambridge, Mass. IDG Technology Venture Investment FundIDG Technology Venture Investment Fund is managed by IDG Capital Partners, which, as a leading China-related investment team, was among the first to introduce foreign venture capital investment into China in early 1990’s. Since then the funds under its management have invested in around 300 diverse and successful portfolios, such as Baidu, Sohu, Tencent, Soufun, Ctrip, Tudou, Qihu360, Home Inns, Hanting and Kanghui. Over 70 portfolios have successfully completed IPO or M&A. Lightspeed Venture PartnersLightspeed Venture Partners is a leading venture capital firm with over $2 billion of committed capital under management and investment professionals and advisors in Silicon Valley, India, Israel and China with Lightspeed China Partners. Over the past two decades, Lightspeed partners have backed more than 200 consumer, enterprise and cleantech companies, many of which have become leaders in their respective markets, including Blue Nile, Brocade, Ciena, DoubleClick, eHealth, Flixster, Fusion-io, Informatica, Kosmix, LivingSocial, Lucky Pai, Nicira, Playdom, Pliant Technology, Provigent, Riverbed Technology, Solazyme, TutorVista, Virsa Systems, Waveset, and XtremIO. source: https://www.ripplelabs.com/investors/ |
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in ripple's case: in my eyes, xrp's were not meant to be bought and held like some financial instruments like stocks and bonds or even btc. they were meant to be a bridge currency to make transactions easier. now, how can xrp fulfill its purpose if it is being hoarded? ripple is not about xrp speculation. it is about ripple the network itself. here's one prime example of a use in ripple on a community, non-professional level: https://xrptalk.org/topic/1865-cultivating-a-web-of-trust-for-trading-hour-ious/but the reality of it is there will always be speculators despite of what i said above. stupid or not will depend if they make a killing or not. |
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