Can anyone point me to exchange rates fro BTC/RIPPLE The one on the ripple site appears to be between 1 BTC 25K bid 34K ask atm but round these forums I see people asking between 1 BTC = 80K to 30K (and then offering bit coin for ripple)  ? what is the price? where are the charts and data |
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Tell you what, if you PM me with your email address Ill send you the 300 XRP's you need if you agree to send them back when you get your new XRP's from bitstamp.
I just want to try it out and if you send me your email addy and reply to my hello email I'll trust you.
I PM's you did you get it??? |
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Thanks...I think I was a member too late for that offer how much for say 300/1000/10000XRP or something make a proposal (I want to minimse getting eaten by fees, still not sure if they are proportional, with lower bound) make a proposal Thanks rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF |
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Any philanthropists willing to send me 400 XRP?
I promise to return 500 to him when my transfer to Bitstamp arrives. Thanks!:
I have set up Bitstamp to send to ripple, but I need to be trusted first.
If you have an alternative proposal I can send you BTC and you can send me XRP
Maybe BTC is easier as we will know that works.....the Bitstamp to Ripple....I have oblivious not been able to try.
so maybe 0.1 Btc for XXX XRP??? or something
My ripple
rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF
MAKE SURE YOU GET THE ADDRESS RIGHT!!!! |
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Any philanthropists willing to send me 400 XRP?
I promise to return 500 to him when my transfer to Bitstamp arrives. Thanks!:
I have set up Bitstamp to send to ripple, but I need to be trusted first.
If you have an alternative proposal I can send you BTC and you can send me XRP
Maybe BTC is easier as we will know that works.....the Bitstamp to Ripple....I have obviously not been able to try.
so maybe 0.1 Btc for XXX XRP??? or something
My ripple
rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF
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Need ripples
rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF
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I have the Bitstamp ready to withdraw money to XRP
but my XRP cannot accept money utill300+ XRP goes in
but I can not get XRP....
which I can not do because I can not trust because
I don't have 300XRP
etc etc
how do I escape this viscous circle....!
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there should be a rolling block chain where the size f(hashrequiredtocrack) = a^x*n, x is some large number n is moores law.
also look to folding at home for some ideas as to proof of stake etc
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IPO coming to a closing end of Feb 28th. Based on the current BTC price of 32.50 USD I have adjusted the required share numbers:
Total issued: 29500
Free Float: 8550
As of now we have 8538 shares sold, thus I'll make up for the difference if we don't reach the 8550. Thus I'll leave the IPO running till end of Sunday to offer a last minute opportunity for share purchases.
I was wondering about that...as I purchased some shares, and nothing happened on 28th....you should put announcements on the Listing/book build page also as soon as I saw VCX was listed I though what about crypto surley it should list on itself? |
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but if it become impractical to deal with the smallest satoshi unit then you go into proxy currecny
thus not upper limit.
Your argument is essentially that 21 million is not necessarily the upper limit because if in some distant future Bitcoins were horribly broken somehow, we might create more of them to fix the problem. Sure, that's true. But it's also totally irrelevant. So long as Bitcoins aren't fundamentally broken in some way, 21 million is the limit. And if Bitcoins are fundamentally broken in some distant future, they won't really be anything like what we now know as bitcoins and nobody plans with a time horizon that far anyway. (But it's a plus that should that ever happen, we can fix it.) nope.jpg not my argument at all rather that bitcoins work so well, and to realize thier vaulue the smallest unit can be traded into say 1000 DVC sighhhhhh so now you have 21 x * 10^3 more effective trading units |
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Huh? The Bitcoin client and protocol that I use is not compatible with whatever you are talking about. Those newBitCoin will not be recognized on the original block chain.
no you trade into them you sell your bitcoins they give you other currency see this the first thing I did when I got bitcoins is diversified a portion out to other crypto currencies https://vircurex.com/welcome/indexSo, Bitcoins are unlimited because I can trade them for something that isn't Bitcoin? That's like saying gold is unlimited because I can trade it for silver, yet an ounce of silver is not equivalent to an ounce of gold. no no, the divisibility of the value of bitcoins is unlimited, your getting stuck on place holders for value rather than value itself...the market does not care if no more bitcoins can be produced if demand is high its value will traded by proxy currency Why would I accept this proxy currency in place of bitcoins? you dont have to accept anything but if it become impractical to deal with the smallest satoshi unit then you go into proxy currecny thus not upper limit. |
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Huh? The Bitcoin client and protocol that I use is not compatible with whatever you are talking about. Those newBitCoin will not be recognized on the original block chain.
no you trade into them you sell your bitcoins they give you other currency see this the first thing I did when I got bitcoins is diversified a portion out to other crypto currencies https://vircurex.com/welcome/indexSo, Bitcoins are unlimited because I can trade them for something that isn't Bitcoin? That's like saying gold is unlimited because I can trade it for silver, yet an ounce of silver is not equivalent to an ounce of gold. no no, the divisibility of the value of bitcoins is unlimited, your getting stuck on place holders for value rather than value itself...the market does not care if no more bitcoins can be produced if demand is high its value will traded by proxy currency |
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You have no idea what you are spewing...seriously, do not come back, search, then come back. Goodbye.
EDIT:Ignore
EDIT2:Mod plz move this
Please deconstruct argument, you should at least try to discuss at a level above ad-hominems, and really need to be in counterargument to be taken seriously see pyramid,  |
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Satoshi knew pretty well what he was doing, mining was never meant to be for the masses forever. You want to be able to become a miner? Guess what, you ARE able to become a miner, like everyone else. Running on the average or very slightly above average computer doesn't change your profitability, people that can afford more of those computers, or just faster CPUs would still gain more than you, in the same way they gain more from a couple of 60GH/s or TH/s ASICs when you yourself can only afford a 4.5GH/s Jalapeno. The only difference would be security-wise, your CPU-coin would be vulnerable for BotNet attacks ( ..litecoin .. addresses much this problem..), while the ASIC-coin is not. Ok let me put it this way....once I have received a bit-coin from a valid owner, who has been confirmed by x prior transactions, where x is a significant safety margin to stop any realistic hack attempt, you do not need to go further back. You are just introducing pointless security No need to go further back? Pointless security? Seems you haven't understood, when you received a bitcoin from a valid owner it is recorded exactly once and gets stored in a single block, there's no more work needed or done for your receiving transaction, it's stored once and forever. I don't see how you gonna change that. sigh no a good crypto $ is distributed one...the current algorithm is agiasnt that you need to be able to pay/process for your own transaction costs with your own jalopy rig eg we did not get water delivered by truck everywhere.....we put pipes in sign nxnxnxnxnxn...... = n^80, I do not need n^100 formula woud be something like n^2A*80, x A is tied to mores law |
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Huh? The Bitcoin client and protocol that I use is not compatible with whatever you are talking about. Those newBitCoin will not be recognized on the original block chain.
no you trade into them you sell your bitcoins they give you other currency see this the first thing I did when I got bitcoins is diversified a portion out to other crypto currencies https://vircurex.com/welcome/index |
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so about = 7 years....since 2006... nah it doesn't collapse short of meteorite strike |
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This is a myth
at 21M, (and all the smaller units) 0.00000001 whatever
all that happens is a new exchange open that swaps 0.00000001 to a the newBitCoin of the that block chain (that wins out) which has 21 M or whatever and the fees are paid in newBitCoin.
The end
no upper limit on the number you can have, you just boot strap into the next newBitoin
This is happening already with BTC/DVC, LTC etc etc exchanges
(sort of like your could double execution to make fesable title indefeasible anyway...sorta)
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Hello awesome guys. Lets discuss currency circulation. Which I have no idea of.
So I have been looking online about how currencies circulate but never found a proper article about it. Can anybody point me to the right direction. You see I want to compare bitcoin to other currencies and understand how Bitcoin would be able reach a "relatively" stable price, and how an economy could be formed around it.
Bitcoin opened my eyes to a lot of things and really got me interested in aspects of our lives I never noticed. So lets discuss this. Who is interested? or care to drop some info for us poor souls.
you have to get a good handle on Fiat currency Fractional reserve banking (bassel accords) the implications of the velocity of money how the stock/bond markets interact to "create" money money as a representation of value hint, no one ever made currency money on the stock market, they just swaped with someone esle a certificate for a different amount of preexisting money this pre existing money was issued by and approved deposit taking intuition (ADI/bank) or cash aslo any money you make out side of cash, comes from some one up the chain getting a loan with the bank and for every loan a back executes it must execute more to fund that loan. bitcoin attacks the ability of the ADI to be the only issuer of currency or that their issue would be accepted in favour of a better/more reliable currency that will hold its value and be cheaper to use/transact also immune to tax and court orders This will cripple governments....thus at some point they may have to address it if they want to exist. |
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Miners provide a valuable service, they are paid for providing that service. Where is the problem?
How do you intend to prevent specialized hardware from being created for any successful crypto-coin that uses proof of work to secure the network? If you get rid of proof of work, how do you intend to secure the network?
This has been discussed time and time again, and I've yet to see a better solution than Bitcoin.
It will be from better code/implementation, eg like a truecrypt that rus better and a block chain that only needs to be so big, ie once money has past through a wallet no record needs be kept that is was there, beyond say 10 steps or n steps that keep in line with processing power to prevent hacking Miners do deserve to be paid, but I should also be able to be a miner...eg the advantage to buying a big rig would max out more like with being able to run crysis at highest resolution type of program. the stability will be when you have the largest number of users givng up pc cycles....this will always out do specialized rigs here and there that can be shut down If there is no permanent record, how do you prevent counterfeit coins? This is the purpose of the block-chain. Users don't need the full chain, only miners. Specialized rigs are so efficient everyone else will be wasting money. It doesn't much matter what you want. What matters is reality. There is a reason CPU mining Bitcoin is pointless today. I don't really understand what you are saying. Your thoughts aren't coherent. I think you need to do some more reading and present well thought out arguments if you want a serious discussion. A person does not understand argument = your not coherent.....I guess that's what most people would say about bit coin before they understood it... Ok let me put it this way....once I have received a bit-coin from a valid owner, who has been confirmed by x prior transactions, where x is a significant safety margin to stop any realistic hack attempt, you do not need to go further back. You are just introducing pointless security because it becomes a question of 10E1000x the time of the universe to hack or 10E10000x of the time in the universe to have, it does not matter what is happening as a result of the code in bit coin is nodes are diminishing miners are centralizing, this makes the currency less distributed and thus vulnerable....eg shut down Mt,gox and 5 other large mining pools = the end, becuase no one has the processing power to handle the HASH rate needed If the code is designed to run on all general pc just as well, then you will have the very high end versus a million low end computers much better than just some special fab shopped "asics and friends", who if they get shut down, again no one will have the power to process anything. litecoin I think addresses much this problem BUT I am not sure about this , satoshi killed himself by the type of algorithm used ensuring that node would centralize to the point of locking out the masses, look at folding at home where all those PlayStations actually contribute quite a bit because there are just so many. It apears the bit coin market is rapidly centralizing and thus vunerable to gov intervention. The panadoras box of crypto currency is open, but bitcoin 1.0 will likely not be the one to do it in the long run....unless some serious fprk/code change happens to wrest hashing back to the distributed network |
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Good God, another one.
Perhaps you could make a sticky for this topic if it comes up a lot and there is a flaw in the reasoning its not much help to the community [growth] to say "Good God, another one". I am more than happy to be proven wrong No to the sticky. Read the forum, try to understand the topic. Use the search function. If you fail, then ask questions. Yeah, no if it garnered you first response means needs a sticky, or your first response was an over reaction |
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