XRP ( RIPPLE ) Discussion - All about XRP
What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?
BTC are distributed by math. XRP are distributed by 3 guys at their whim. XRP could still be a good long term investment, but I wouldn't bet on it. https://bitcointalk.org/index.php?topic=873723.msg9661686#msg9661686In your post you state that 90% of XRP are controlled by 3 guys; this is inaccurate. A majority of XRP (69%) is held by Ripple Labs. XRP distributed to Chris Larsen, Arthur Britto, and Jed have all taken different paths. Chris Larsen has apparently used a majority of his XRP to finance the Ripple Foundation for Financial Innovation. XRP of Arthur Britto are controlled by a lock-up agreement, and Jed is restricted in the quantities of XRP he can sell over the next 6 - 7 years. Concerns regarding the potential impact of the founder distributions were proven valid, however, when Jed apparently flipped out and threatened a fire sale. He had allegedly attempted to force Ripple Labs into a buyout agreement of his share, and then proceeded to announce to the community the beginning of the sale of his XRP---in tandem with promoting his new project. He then walled himself off from communication, ignoring repeat community questions and concerns and putting the people that trusted and supported him at enormous financial risk. XRP value cratered, and remained depressed for a long long long time. It has since recovered, following the more recent founder developments noted above---as well as the steady stream of good news for the Ripple network. I agree with your concerns, but believe the Ripple network has now moved beyond them. A key takeaway for me has been that we cannot assume any actor will not act against what the community perceives as being in that actor's best interest. It applies to all cryptocurrencies. I had previously heard a lot of arguments along the lines of Satoshi would never dump his BTC; it would kill the BTC exchange value therefore conflict with his or her best interest. Motivations beyond profit may exist, ranging from an unsound mind, having an axe to grind, promoting a competing project, immaturity, or even just pure destructive glee. If Satoshi Yakamoto had a stroke, would you still trust in that individual's reasoning relating to the best uses of their share? Ability to securely manage their private keys? Not become vulnerable to manipulation? Legal agreements do not eliminate the risks, but they can be interpreted to mitigate risk for investors. I take comfort in knowing Ripple Labs, its board, and investors provide checks and balances over the distribution of XRP---as well as the more recent founder allocation developments. I hold XRP as a long term investment, and do not recommend anyone in invest in any cryptocurrency without performing thorough research. If you ride the wake of the pump and dump crowd, then you have a high likelihood of being disappointed by the Ripple Labs stewardship of XRP. Ripple Labs is not interested in driving short term speculation, and take a long long long view (relative to cryptocurrency community expectations) of building the value of XRP. Thank you for your nice reply. Hope that my idea about long-term investment and holding XRP will get me to profit not total loss  |
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XRP ( RIPPLE ) Discussion - All about XRP
What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?
BTC are distributed by math. XRP are distributed by 3 guys at their whim. XRP could still be a good long term investment, but I wouldn't bet on it. https://bitcointalk.org/index.php?topic=873723.msg9661686#msg9661686Yes, I think you are true, its dont allow to feel safe if distributors of XRP holds such big part of issued XRPs :/ Anyway, its all more or lest just a game, so anyway I will invest what I can afford to loose and lets see what will happen with my 5-10k$ investment after a year Hope for the best. |
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Thank you for your opinion. Lets see how market will goes in future, anyway I hope that XRP will increase in value stable in long term.
Alot of people dream about a value of 1$. If xrp makes a bubble like bitcoin did we could expect an even higher value. But Ripple is different than bitcoin. I think can not compare ripple with bitcoin. In Ripple People dont have to invest so much money in mining equipment and energy to get xrp. Xrp is just here and ripplelabs gives them away for FREE. they hold back a big amount of xrp to sell.... there are much different factors. I also hope it goes to 1$ but I think its very unlikely. Maybe 0.1$ is more realistic
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ripple still have large amount not distributed i am waiting their next stage  Yes I think the same, the marketcap is already huge so I think its worth to hold some 5-10BTC in XRP as long time investment. What do you think, is it worth to do it? While the price is 0.015$ ? |
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XRP ( RIPPLE ) Discussion - All about XRP
What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?
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Hello guys, what do you think, is XRP ( RIPPLE ) good as long term investment for 10-50BTC at the moment?
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So what do you think, is XRP good as a long term investment in 2015?
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How can I create RIPPLE ( XRP ) account and which exchanger do you suggest with highest volume?
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After exchange official launch we will be glad to announce also WEB based FIAT-CRYPTO currency trade. Will be available INSTANT ( Automatic trade ) and Limit order trade where you can buy/sell any amount of currency at the price you need.
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Hello dear Bitcointalk members.
We have researched market of exchange services for more than last 6 months and finally are going to launch international bitcoin exchange service based in Europe very soon.
Our main advantage will be security, transparency, user friendly 24/7 live chat support and fast exchange service with the minimum delays.
Our service will be very concerned with security and safety of customer funds.
- Cold storage - currently we are going to keep at least 90% of bitcoins in cold storage.
- All new deposits will go directly to cold storage.
- Offline wallet will be installed on a dedicated server that is only turned on when access to the bitcoin client is needed. This server will be in a different location than the main server.
- Our exchange service will maintains a full reserve of client USD, EUR funds and BTC funds.
- Exchange service will maintains a full offsite database backup.
- Main exchange service website will be hosted on Complex Layer 7 Protection servers, with 500+ GBPS DDoS Protection and Multiple DDoS Mitigations with Global Protected DNS.
Security measures are created based on previous hacker activity targeted to other major bitcoin exchange service providers.
We would like also hear from you some suggestions what could make us better then at the moment market leaders and trusted exchangers like bitstamp and btc-e.
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Link is not yet published, we just want to hear bitcointalk member recommendations what would you like to see in our community? Some new features, extras?
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Hello, I would like discuss with members here what would you think about new, well designed and SEO optimized with new features like live chat and much more features Online Business forum, not only related to Bitcoin and other Altcoins, but integrated with social media, each topic would be published also in all most popular Social Medias, send Press releases to other medias and much more other things.
Business cooperation offers, business ideas.
We are searching for active members who would like to take a part of our Online Business Forum community, 100% of advertisement money and other earnings from community, banners, paid sticky posts will be shared between STUFF.
As a first month campaign we could make some kind of offer
0.10$ per signup
0.05$ per topic
The main idea is make a high quality and controled online internet business community with good information and usefull information and business offers, ideas etc.
I have been making research on internet and have not noticed any great all in one community with high quality information.
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We continue discussion with ELITESCROW about cooperation. So at the moment will be already 2 escrow services available.
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As I already mentioned site will be online after 100 members will request for free bids.
Advantages you can see in first post. Advertisement, popularity, security escrow transactions.
Will it be a site, just for auctions? Aren't there already sites for it? Yes there are few sites already but these are not populars, dont provide various products and many of them are SCAMS at all, but we will provide many popular products, featured posts on most popular media about BITCOINs so it will provide us popularity and also we will use 3rd part trusted ESCROW service to make sure that there will be no undelivered items, your money will be safe until you will receive item from auction. |
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As I already mentioned site will be online after 100 members will request for free bids.
Advantages you can see in first post. Advertisement, popularity, security escrow transactions.
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About free bids for first 100 members.
First 100 members will receive BTC0.15 for bidding.
Each bid will costs BTC0.0015 so that means first 100 members will receive 100 FREE BIDS and who knows, maybe you will be who will get first goods without any investment required.
BIDED price for example AUCTION will ends at 0.25 BTC can be made via 3rd part trusted ESCROW service what will disable any chance of scamming or undelivered goods.
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NOTIFICATION about PRE LAUNCH bitcoin penny auction site.Auction procedure will be simple as: auction starts at 0.000X BTC and increase 0.000X BTC per bid. Each bid costs 0.000X BTC and every time a bid is made the auction clock is extended for 30 seconds. There already have been a few BITCOIN penny auction sites over the past, so we've tried to differentiate ourselves: - We auction items that we think most people would want (so no kitchenware, towel sets or Shell gift cards!). Only popular products and also electronic goods like BITCOIN auctions, bidding for 0.1, 0.25, 0.5, 1.00 BTC prizes to make trust for members, that all goods are provided to our bidders. Also for physical goods what should be shipped, we provide tracking details already on next business day after receiver your full and correct delivery address.
- To increase also trust for us, we will give free amount of bids to first 100 members who will request it. So you have a huge chance get first goods without investing any money or just it will be RISK FREE to everyone who want to try out our services and approve that we are legit penny auction site. [ Site will be launched after 100 members will request FREE BIDS for testing our auction site ]
- We have already discussed with such media like coindesk, cryptocoinnews, etc about sponsored articles make our penny auction even more popular in bitcoin industry.
- And here goes unique feature - Have you a brand new physical or electronic goods? Feel free to contact us, we will acept also MULTI VENDOR AUCTION, so you can become as a vendor in our penny auction site if you can provide high quality products to our bidders, all such auctions will be under 3rd part trusted ESCROW service provided by bitcointalk ESCROWers to make everything clear and after AUCTION WINNER will confirm that vendor have completed order and GOODs received, ESCROW will release your funds and transfer it to SELLER.
If you find and report any significant bugs we'll reward you with BTC straight to your bitcoin wallet.
If you have any feature suggestions or items that you want to see auctioned then let us know in this thread.
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NEW update.
If you want become as official SELLER in our store after launch, you have to write here and we will sign to you FIRST MONTH 100% for free + you can select 5 google ADWORD tags, how buyers can find your store/products and we will give you 25 unique visitor FREE GOOGLE ADWORDS CAMPAIGN.
All transactions will be ESCROWED by 3rd part ESCROW providers - Trusted ESCROWs here in this forum.
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