Imagine you have 10 btc and/or 1000 usd, and current orderbook is the following:

Volume@Bids

1@100
2@99
3@98

Volume@Asks

1@101
2@102
3@103

First you buy 6 btc for 614 usd causing 1 minute lag and preventing others from making orders, then you sell 6 btc for 592 usd, thus you loose 22 usd + fees.

Or you can do the other way around, then you will loose bitcoins + fees.

That's roughly what happened. I am not sure it is a good trading strategy.

Update: so, yes, I like the explanations that it is either a software glitch of a trading bot, or an attempt to win some bet

Maybe you are right.

I say that it is overpriced because:
1) its supply is potentially ~4762 times higher than Bitcoin's, and it is not clear how it will be distributed among users, and the issuer claims that XRP is not a currency, it is not intended for investment, it is just a mean to prevent spam.
2) it took 4 years for Bitcoin to reach its current value, there is strong community and infrastructure, it proved itself viable in wild but still requires much much development... whereas Ripple's sources are not published yet and it lives in controlled environment, and of course much less adopted than bitcoin

So I think 4-5K XRP/BTC rate could be a valid long-term goal... But looks like current price doesn't consider risks, it is probably just a result of the short term shortage of ripples, that can be caused by speculation (and can be easily solved anytime by OpenCoin).

I think that Ripple is here to stay and it has a bright future. Though probably XRP is a bit overpriced currently, but they don't claim it to be a store of value anyway, they say it is just the means to prevent transaction spam, so its price doesn't really mean anything (I expect it to fluctuate a lot due to giveaways, media attention, technical problems, etc).

I don't know. If price is fixed, you pay only predictible fees (and get discount from mtgox). If price is moving and the lag is ~1 minute, then it depends on other players' behavior. Obviously speculators that stabilize the price win (and thus the manipulator looses).

Isn't it easier to generate volume without moving the price? Just 2 big orders (buy and sell at the same price) could do it.

IMO just do a provably fair game, no need to show your identity probably. You can find info about provably fair methods on this forum.

I am not sure which way is better. MPOE-PR says you shouldn't be anonymous to be successful. But there is number of successful examples of anonymous businesses as well, e. g. Silk Road and possibly btc-e (is it anonymous?).

yes, that's why I've put "premined" in quotes

Ok, we will set a minimum withdrawal threshold. Thanks you!

I like Ripple too. Great technology and idea!

I see some major risks though. XRP is "100% premined" and its supply will be ~5K times larger than BTC supply, so if both currencies are successful, 5000 ripples/btc should be a fair price.

But XRP is far from being as adopted as Bitcoin yet, it is still a proprietary software and nobody knows how its "premined" ripples will be distributed, this is a major factor of risk.

So to my mind it is a bubble currently, it shouldn't be comparable to ~5K XRP per BTC (yet), but maybe in several years it will be.

Though I am not an Oracle, could be mistaken

Add Bitstamp to your contacts and grant trust:
https://ripple.com/client/#/login?to=rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B&name=Bitstamp&tab=trust

Here is my list: https://bitstamp.com, https://dividendrippler.com, https://weexchange.co, https://justcoin.com

It may take quite a while, sorry about it. It may take days to have health ~5% and weeks to have it ~100%, that's a shame and we'll optimize it.

But please note that health doesn't have direct impact on your income and AnonymousAds doesn't pay per click. It just distributes advertisers' money with respect to publishers' globally unique traffic. And it also allows advertisers to reward ad units for reaching their goals (e. g. generating sales) thus setting the positive feedback loop.

So your income depends mainly on the volume on your unique traffic, its quality and advertisers' behavior. And it may fluctuate significantly, so I would suggest to embed ad unit on your site and see if it generates enough income during several months.

Thanks for your question and for trying out AnonymousAds!

Thanks for your service, it is really good, I use it almost every day!

But sometimes I have a trouble recognizing sound signals (not sure if anybody mentioned it).

Probably not everybody has perfect ear to distinguish sound tones if there is a significant time interval between them. Could you please use more complicated sound samples so that it is easier to distinguish them? Or you could just combine the existing two (instead of "high" and "low" you could play "low-high" and "high-low"). Should be easy to implement.

Thanks again!

Well, you are right, and it is done on purpose: we don't want to give too much incentive for fake traffic and we want to reward efficient publishers that attract real customers, so we take significant part of money from advertisers that don't discriminate ad units.

As stated in Terms of Use, our fee model consists of 2 components:
1) 20% of deposit fees (or 10% if you redirect traffic from campaign)
2) 20% from daily budget

If you combine those 2, you get 36%, however advanced advertisers can actually pay as low as ~10-20%, here is how:

1) they can set daily budget to some small value to test ad units, and then reward the ones that generate sales via Goal Tracking API thus avoiding additional 20% fee and at the same time improving targeting of their campaign.

2) instead of depositing funds to their campaigns, advertisers can redirect earnings from their ad units (thus saving 10% on deposit fees), or they can "cheat" the system and refer themselves before ad creation to receive a 10% rebate from their deposits.

We are considering changing the fee model and reducing the fees, but I am not sure when it happens. As I said, advertisers that really want to pay just 10%, can achieve it in the current model (and at the same time they give incentive for publishers to generate high-quality traffic).

Thanks for your feedback and for using AnonymousAds!

oh.. looks like MtGox wasn't ready to have that that many withdrawals with OkPay... i started advertising their service with my affiliate link... maybe that's one of the reasons why their reserves got exhausted faster than they expected another probable reason is the btc rate difference between btc-e and mtgox... probably huge money flows go through OkPay to make profit of it.

I never experienced any errors with withdrawals, I only experienced delays. What kind of error does it show? Do you have a verified account at MtGox?

1% for withdrawal from mtgox, 2% for deposit to btce... maybe also some small fixed fee of ~3$, not sure about it.

Oh, wow.. How large was a withdrawal (if not a secret)? Or maybe the size doesn't matter, but amount of withdrawals does (and they don't have enough staff to handle it)?