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3161  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 10:05:19 PM
https://ripple.com/wiki/Gateway_Integration_Manual#Preparation

I see I did one mistake though you don't even have to tell them your real identity(openid) just the github account...
3162  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 10:02:55 PM
Ripple is 100% scam. Imagine a new coin that is 100% premined owned by 10 people. That's ripple. You have to be mentally slow to buy into that crap.
Just like stocks are 100% premined scam, that's right the entire economy is a scam!

That is not the real reason ripple is a scam. Ripple is a scam, because they use lies get you (and your money) into the game, so they can get more profit.

You realize that you guys gonna hit a brick wall once ripple comes out of beta?
Either way you can get access to the source of rippled right now if you reveal your openid to opencoin.

Once Ripple comes out of beta and opens their sources i will completely & totally stop accusing them of being scammers.

But the **current** state of affairs is that they are obvious scammers. I don't care about the future. I am saying the **current** truth.

If they played fair from the beginning and told only the truth (for example: remove lies from their site & wiki), there would be no problem at all. But they are lying from the very start, just as any petty scammer would do.

Did you even read the latter sentence?

Yes. [Source needed]
I'm not seeing any "download" button on their page.

Do you feel entitled or something?
It's on the wiki, I suggest you read it.
3163  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 09:58:50 PM
Ripple is 100% scam. Imagine a new coin that is 100% premined owned by 10 people. That's ripple. You have to be mentally slow to buy into that crap.
Just like stocks are 100% premined scam, that's right the entire economy is a scam!

That is not the real reason ripple is a scam. Ripple is a scam, because they use lies get you (and your money) into the game, so they can get more profit.

You realize that you guys gonna hit a brick wall once ripple comes out of beta?
Either way you can get access to the source of rippled right now if you reveal your openid to opencoin.

Once Ripple comes out of beta and opens their sources i will completely & totally stop accusing them of being scammers.

But the **current** state of affairs is that they are obvious scammers. I don't care about the future. I am saying the **current** truth.

If they played fair from the beginning and told only the truth (for example: remove lies from their site & wiki), there would be no problem at all. But they are lying from the very start, just as any petty scammer would do.

Did you even read the latter sentence?
3164  Economy / Collectibles / Re: Aluminum Casascius Coins at the Bitcoin Foundation Conference on: May 24, 2013, 09:51:30 PM
But does it fit into supermarket carts?
3165  Bitcoin / Bitcoin Discussion / Re: Germany's Adaption To Bitcoin *AMAZING* on: May 24, 2013, 09:48:59 PM
Yes we are all going to be privileged hipsters living in the scene district of a major city.
3166  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 09:20:36 PM
Ripple is 100% scam. Imagine a new coin that is 100% premined owned by 10 people. That's ripple. You have to be mentally slow to buy into that crap.
Just like stocks are 100% premined scam, that's right the entire economy is a scam!

That is not the real reason ripple is a scam. Ripple is a scam, because they use lies get you (and your money) into the game, so they can get more profit.

You realize that you guys gonna hit a brick wall once ripple comes out of beta?
Either way you can get access to the source of rippled right now if you reveal your openid to opencoin.
3167  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 09:06:01 PM
Ripple is 100% scam. Imagine a new coin that is 100% premined owned by 10 people. That's ripple. You have to be mentally slow to buy into that crap.

Just like stocks are 100% premined scam, that's right the entire economy is a scam!
3168  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 24, 2013, 08:22:36 PM
Found a new blue line I like the look of very much Smiley

Do you realize that the closing price of a daily candle is kind of arbitrary when it comes to trend lines?

the drop to 50 was dumb so it doesn't count   Tongue

uhhh...

3169  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 24, 2013, 08:02:54 PM
Found a new blue line I like the look of very much Smiley

Do you realize that the closing price of a daily candle is kind of arbitrary when it comes to trend lines?
3170  Economy / Speculation / Re: Amazingly thin ceiling, Price about to take off. on: May 24, 2013, 07:27:26 PM
Greed is the limit

FTFY
3171  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 07:19:56 PM
It doesn't work.
I have tradefortress  'bitcoins', but I can't do anything with them. They are sitting in my account.
I can't send them back to tradefortress, I can't delete them, I can't trade them. I don't want them.
How do I differentiate these 'bitcoins' from other 'bitcoins'?



cool story bro.

But I have to congratulate you, it takes serious mental gymnastics to arrive where you are now.
3172  Economy / Speculation / Re: You guys gonna become paranoid about Ripple on: May 24, 2013, 07:13:01 PM
The proper use of Ripple, to avoid being scammed, is to have Trust to only one gateway, one which you actually trust to redeem the IOUs you receive. That way there is no way for debt to be rippled through your account. Only trust more than one gateway after you are confortable with the system and you know how rippling works.

Not really.
You just have to base your trust on rational thinking rather than greed. Some folks are confused on what trust means.

Hint: You ought not to trust all your funds not even cumulative.

You should definitely only "trust" entities which you actually trust to honor their IOUs, but additionally trusting only one entity per currency is probably a good idea. Trusting more than one increases default risk substantially, because if either defaults, you probably lose all of your money.

Did you read the hint part too?
Another hint: The quotes do not apply
3173  Economy / Speculation / Re: You guys gonna become paranoid about Ripple on: May 24, 2013, 05:13:09 PM
The proper use of Ripple, to avoid being scammed, is to have Trust to only one gateway, one which you actually trust to redeem the IOUs you receive. That way there is no way for debt to be rippled through your account. Only trust more than one gateway after you are confortable with the system and you know how rippling works.

Not really.
You just have to base your trust on rational thinking rather than greed. Some folks are confused on what trust means.

Hint: You ought not to trust all your funds not even cumulative.
3174  Economy / Speculation / Re: Yet another analyst :) on: May 24, 2013, 04:49:22 PM
This is not a breakout still.

price is above daily bb for the first time since 266.
3175  Economy / Speculation / Re: You guys gonna become paranoid about Ripple on: May 24, 2013, 04:15:09 PM
Yes I don't think XRP will do anything to "crush" BTC. It's even more different and has different kind of people willing to invest in it.

But thats also the thing the people who feel threatened by it don't get. I don't really know how much it will really affect BTC, but from how things look now it's worse than before LTC took off.
I agree on gox also, although not short term, since the exactly kind of thinking process makes somebody think we "need" gox to maintain a good price, don't ask me for the rationale on this it's mainly irrational - anything changing the status quo is potential bad news for those guys.


XRP potential to crush bitcoin would be very hard to understand unless you know, for example why the price of gold and silver has been crushed during a period where all the main fiat currencies are increasing their  quantity of money through quantitative easing. Its too complex to go into much detail here but essentially, many people who don't hold gold think they do when all they really have is an IOU.

The war between using debt as money and using commodity type monetary assests, things that hold value, has gone on probably for centuries. You cant compare Litecoin with Ripples, Litecoin is real money fixed in quantity, potentially good as a store of value just like bitcoins.

It is the power to create money that allows central banks to steal wealth through inflation, just as XRP quantity can be inflated by the Opencoin controllers, this gives Opencoin the power to steal wealth through inflation. The temptation will be too much to resist. Money power preys on weak willed greed, its only human. Debt is a way to enslave. Ripple is a way to replace bitcoins with debt



It's not debt which you ought to be concerned about but compounding interest on debt. Debt is only natural and it will not go away as currency will not go away.
3176  Economy / Speculation / Re: Who wants to share some bear? on: May 24, 2013, 04:08:35 PM
I stopped being a care bear.
3177  Economy / Speculation / Re: what will stop the rise ? on: May 24, 2013, 02:13:02 PM
greed caused it greed will stop it.
3178  Economy / Speculation / Re: Clarkmoody, bitcoincharts, etc: we need new ways to watch the market, post-mtgox on: May 24, 2013, 01:35:10 PM
It should be pretty straight forward to display the different exchanges in one wall chart.

mtgox isn't under 50% -yet so celebration is probably early... I also think there is some sort of "support" at these levels - it will be hard to keep mtgox out of majority permanently.
But at least that is something the vocal majority seems to agree on, you people just have to act on it.
3179  Economy / Speculation / Re: My Short-term call on: May 24, 2013, 01:26:29 PM
145 should be the target.
3180  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 22, 2013, 08:05:05 PM
Too much tinfoil hattery, need more solid speculation based on facts and logical reasoning.

We are waiting for the next big news to come, positive or negative to determine direction of the market. Technical market does not work in a trendless market.
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