Looks like you are already a pro. Bonus sent!

BTC: 0.006 (e3ccd3c79d) LTC: 0.885 (d5c86bfe9f ) TRC: 4.974 (6fa3b01779)

Must finish registration: https://dividendrippler.com/account?_=r3eajiXbZnc3cQWfoqSKCkMVZdxgWZdrTW

Thank you Red! The processing error is a hot wallet timing issue with the website, it can be ignored.

Coins sent!
BTC: 0.024 (2a9983e8ac) LTC: 0.543 (48fe38bfc8 ) TRC: 1.972 (08bf560497)

Success! Thanks

BTC: 0.012 (85cbb6e62e) LTC: 0.725 (0187a0ef09 ) TRC: 4.146 (23682b4313)

PM sent (increase trust for LTC)

Anyone can request to edit your redemption address, but they must be verified by sending an xrp to our server from the ripple address in question.

Success!

BTC: 0.005 (05152550fe) LTC: 0.669 (fef27cd6a8 ) TRC: 6.539 (9886ba5e06)

Success!

BTC: 0.013 (82d84b9d72) LTC: 1.169 (163a1a60cb ) TRC: 1.259 (da25a4599e)

Not registered: https://dividendrippler.com/account?_=r4NMiKkexup7Bco8bL6C7xLRBZLDWHeXGU

Shipped! Thanks for testing. Let me know of any issues.

BTC: 0.028 (5e84a54332) LTC: 0.326 (bfd155f6de ) TRC: 2.248 (40fdd2f255)

Beta testing back up.

Shipped!

BTC: 0.013 (0c62dca761) LTC: 0.419 (0089c248a2 ) TRC: 5.901 (0a019dc2df)

We commonly say "I bought coins on MtGox" or "I sold coins on MtGox", but that isn't what really happens. There is no movement of coins in the blockchain. Instead, MtGox changes its pointers to your account, debiting here, crediting there. MtGox runs its own proprietary version of ripple. So does Bitstamp and Btc-e. Ripple is a generic system that everyone can use, and not just for bitcoins and USD.

Question: You have 100 x $100 bills. How do you send that $10,000 to someone in seattle from new york? You can FedEx the physical paper bills in a box (send specie payment), or you can get into the banking system by getting an IOU at your bank in New York and "sending" it to seattle. Most people choose the IOU system, due to the convenience.

The regulation should be "if you deal with bitcoin, don't come bellyaching to the CFTC. We can only 'protect' you when you use USD".

Count me out. We're all used to the super inflated fiat regime. I'm holding out for them to adapt to us. 0.03 BTC for a gallon of gasoline seems high.

Sure:

advanced -> trade. TBL/BTC

Base (TBL, not TRL) is rNF5qUPCcge7uSStj6oKuoQs38BaM8362s, and the counter (BTC) is from dividendrippler (rfYv1TXnwgDDK4WQNbFALykYuEBnrR4pDX)

May dividend has been paid. There is an error with one shareholder that does not have enough trust to receive payments.

https://dividendrippler.com/asset?ra=rNF5qUPCcge7uSStj6oKuoQs38BaM8362s

Debt, lending, creating out of thin air? Don't deal with those gateways. The gateway dividendrippler.com backs all IOUs with specie BTC/LTC/TRC 1:1 ratio. No BTC are created. While not supported yet, we can easily prove we control all BTC/LTC/TRC and the amount of IOUs are public information. It would be 1:1 ratio at all times.


Why does one need ripple?

What if you trust Bitstamp or DividendRippler more than the guy paying you in BTC? No need to wait for confirms, as all IOUs have gone through the process of confirmation.

Think how exchanges work: Bitstamp, MtGox, Btc-e, etc.. All have their own trading software, their own matching algos, and their own IOU system in place. All have their own rules for depositing and withdrawing. Little redundant, dont you think? Why not have a decentralized system that everyone can use? Now you only need a gateway to specialize in accepting and redeeming IOUs.

yes, dividendrippler.com holds the physical BTC, LTC, TRC in our wallets. Your ripple wallet holds the IOUs from dividendrippler.


When you pass dividendrippler IOUs to a 3rd party, that party does not have to trust you at all, nor you trust the 3rd party. But they do have to trust dividendrippler to be able to redeem the IOU, as the IOUs are not able to be counterfeit. It is different in real life - if I paid you with a coupon for a free BigMac, you might question the IOU is authentic (did I print it up on my color printer?). In ripple, you need to trust McDonalds for delivering on the BigMac, because its provable they issued it.

In this sense, I wouldn't describe it as a chain of trust. In fact, you can pay someone with your DividendRippler IOUs that doesn't trust DividendRippler. If that person trusts Bitstamp, ripple will find someone who trusts DividendRippler AND Bitstamp, and adjust their balances so that payment can be made.

Let me know if I didn't answer your question...

Thanks!

Yes, you can trade. In ripple, advanced -> trade. To trade dividendrippler.com ious, you will need to set the issuer to dividendrippler (rfYv1TXnwgDDK4WQNbFALykYuEBnrR4pDX) and most likely bitstamp if trading vs USD.

For trading BTC (dividendrippler) vs XRP, advanced->trade. Select BTC/XRP. Set issuer to DividendRippler.com. The market will be displayed under "order book". The order entry is pretty straight forward, enter how many BTC you are willing to part with for XRP. There is a tab for "Buy BTC" and one for "Sell BTC".

Warren Buffet has commented on bitcoin? Come a long way.

What are the odds Obama says "Bitcoin" by the end of the year? I'm sure he would be pro-bitcoin and glad of all the wealth created because of it 

The whole point of bitcoin is that no regulated entity can touch it. A currency created by the most regulated industry on the planet offers nothing more than what we have now.