If you guys can't band together to buy bitcoin up in price then NO, No alt currencies will succeed at all, BTC is the true experiment
Well Napster failed, I guess we didn't get anything positive from that whole ordeal..... |
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F*** Ripple, it's a BTC Forum
Why can't one hold their BTC in ripple for faster and safer transactions? Who cares about XRP? |
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So bitcoin sucks due to inflation. Everyone knows it. Nobody wants to buy it. It has a bad image already and this forum is scammers protecting scammers basically.
So along comes ripple with some other crooks attached but the part they got right is the inflation-part.
So bitcoin done - ripple hello?
After all it should be investement vehicle and store of wealth but neither ripple nor bitcoin is that.
So what we do? Nothing?
I say use your favorite cryptos on the ripple network using their new tech and go from there. XRP can crash to $0.000001 if the US government says hey XRP needs to be capped or something you know? |
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Yea, I'm gonna feel fucking played if ripple were to take over.
It doesn't matter what currency is the better one. What matters is what the mass population thinks is the better one. And unfortunately, I don't have alot of faith in the mass pop.
However, I do think that ripple is so stupid that even the average joe might discourage it...
Ripple Lab's founders and employees who created ripple were the ones having fun in bitcoin from 2010 to present. Ripple fixes a few things at the same time rubs people the wrong way. I can spend my bitcoin at the store with my ripple wallet and the transaction will clear fast just like a credit card. |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP. because magic. Nah, the protocol started with 100Billion from the start. Maybe people were refused on how much was allocated at the beginning. Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion. That makes Brenton Woods sound like a tea party. Here's your new currency. We own it all but if you do our bidding we will grace you with a few. Yea I totally understand what you mean.... However, atleast now, Chris Larsen says he will donate his whole 7 billion to the underbanked. https://www.cryptocoinsnews.com/ripple-ceo-chris-larsen-to-donate-7-billion-xrp-to-the-underbanked/ Arthur has some kind of agreement as well, Jed is the rogue millionaire selling $10,000.00 a week till like next August and then selling $20,000.00 a week for the next year after that and way more the year after that in a sick lockup agreement. yes then they will create another 50Billion XRP to fund more "underbanked" poeple. They might use that unallocated additional 50 billion they have to fund more "underbanked" people but 100 billion is all that will be created. The want to distribute the XRP to whatever gives them most liquidity and utility. |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP. because magic. Nah, the protocol started with 100Billion from the start. Maybe people were refused on how much was allocated at the beginning. Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion. That makes Brenton Woods sound like a tea party. Here's your new currency. We own it all but if you do our bidding we will grace you with a few. Yea I totally understand what you mean.... However, atleast now, Chris Larsen says he will donate his whole 7 billion to the underbanked. https://www.cryptocoinsnews.com/ripple-ceo-chris-larsen-to-donate-7-billion-xrp-to-the-underbanked/ Arthur has some kind of agreement as well, Jed is the rogue millionaire selling $10,000.00 a week till like next August and then selling $20,000.00 a week for the next year after that and way more the year after that in a sick lockup agreement. |
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meanwhile, Ripple at ATH right? wow
Relax, its only up a couple percent the last 24 hours... its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days The ATH is actually $0.10 this time last year for a second. The banks are putting money in the network right now bringing more liquidity. However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time.If even banks only need so few XRP, then why did Ripple make the supply so huge? I remember when there was a 40k XRP per member giveaway on this forum. What is the point of having so many XRP available? I remember selling my free XRP for about $2000 last year Damn, i think thats the most ive heard from the free xrp giveaway, you sold at the right time, prices wont be like that for a long time. Ripple Labs treated you well... |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP. because magic. Nah, the protocol started with 100Billion from the start. Maybe people were refused on how much was allocated at the beginning. Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion. |
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meanwhile, Ripple at ATH right? wow
Relax, its only up a couple percent the last 24 hours... its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days The ATH is actually $0.10 this time last year for a second. The banks are putting money in the network right now bringing more liquidity. However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time.If even banks only need so few XRP, then why did Ripple make the supply so huge? I remember when there was a 40k XRP per member giveaway on this forum. What is the point of having so many XRP available? That's anyone's guess. I'd say they want this platform to run for a while. If their goal is to have as many transactions as swift or visa for example, people will start worrying about the xrp's being destroyed. This would cause the xrp price to skyrocket and then the transfer fee of 0.000012 xrp for each transaction will be even more expensive than where we started with good ole' goldman sachs. |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... |
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meanwhile, Ripple at ATH right? wow
Relax, its only up a couple percent the last 24 hours... its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days The ATH is actually $0.10 this time last year for a second. The banks are putting money in the network right now bringing more liquidity. However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time. |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% |
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meanwhile, Ripple at ATH right? wow
Relax, its only up a couple percent the last 24 hours... |
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Sounds good but why does the price of bitcoin keeps on tanking? There must some selling pressure coming from somewhere. Another explanation i convince myself is i expect the drop in bitcoin price is a reflection of the strength or gain in us dollar like what is happening against all other currencies with bitcoin losing no exception.
On explanation is, that people are selling their bitcoin to buy X-mas-gifts. And take their losses for a nice tax refund |
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Sounds good but why does the price of bitcoin keeps on tanking? There must some selling pressure coming from somewhere. Another explanation i convince myself is i expect the drop in bitcoin price is a reflection of the strength or gain in us dollar like what is happening against all other currencies with bitcoin losing no exception.
BTC might be flowing into XRP but I don't know for sure. |
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Smart money doesn't start to buy when there's media attention. That's the whole point.
Where's the media attention? |
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Can you not see.
Well done Ripple pump squad lol
The same people shorting and drumping Bitcoin are pumping Ripple.
They have decided to do after several months of a Bitcoin bear market when they know noobs will be squirming and will probably dump Bitcoin and put into Ripple just as they are exiting with huge profits.
Do not worry it will not last forever. Check previous peaks and troughs. Market cycles. Low liquidity. Pump and dump groups. Nothing new to see here.
Hodl.
Duplicate.... That's what they said about bitcoin at 8 cents, 2 dollars, 20 dollars, 260 dollars? |
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Simples really.
The dame people shorting and drumping Bitcoin are pumping Ripple.
They have decided to do after several months of a Bitcopin bear market when they know noobs will be squirming and will probably dump Bitcoin and put into Ripple just as they are exiting with huge profits.
Do not worry it will not last forever. Check previous peaks and troughs. Market cycles. Low liquidity. Pump and dump groups. Nothing new to see here.
That's what they said about bitcoin at 8 cents, 2 dollars, 20 dollars, 260 dollars? |
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Holy shit, the 1000 free XRP I got 2 years ago (and everyone else who wanted) are now worth 23$. Time to sell  I wonder how I get BTC out from rippletrade.com? It doesn't seem so obvious. A lot of people here received 35,000 ripples at the beginning lol  |
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