Nope. Just something a majority of people are missing out on. I'm personally sick of waiting sometimes over an hour for a Bitcoin transaction every time I go outside of the Ripple protocol. Everything is so much quicker and easier in there. Instant transactions and it is FREE. My wallet holds XRP, BTC, LTC, USD, shares etc. Wow! Not just the one currency. I only experience the reality when I transfer my Bitcoin using Bitcoin bridge (where you replace a Ripple address with a Bitcoin address) and it sends the Bitcoin outside of the network.
I feel sorry for those of you who do not open their eyes and continue to live in the stone age with your long confirmation times, fees, centralized exchanges etc - so little freedom. I can instantly turn my BTC into ANY currency/ commodity (being crypto, fiat, precious metals etc instantly if it is crashing). I don't need to wait hours while sinking with the boat, everything is interchangeable within Ripple INSTANTLY.
Nothing is changeable in ripple instantly. It only looks so because you're not actually trading anything but IOU, i.e. meaningless 'bank notes' that say that you own 1 BTC. However, you owning 1BTC is completely dependent on your trust network, and when shit will hit the fan, you'll lose everything you own, just like with our current banking system. Not only that, but you expose yourself to unnecessary risk just by using the ripple network. If you want to withdraw BTC from the ripple network to your computer wallet in which you OWN ACTUAL BTC, it will still take you 1 hour because you'll have to take someone's BTC and send them to your wallet through the BTC network (and thus wait 60 minutes for ~6 comfirmations). Not only that but the 60 minutes you wait is a proof of security. Faster transaction times are only marginally more secure, because the network is backed by the amount of computer time that passed in order to grow the blockchain to the size it has. Yes exactly. Ripple is a derivative of cryptocurrencies. It is the fiat of crypto and the creators have the power to manipulate it when ever they want. It is like going back to they day when goldsmiths used to store customers gold in their vault and instead of giving their customers the gold for use in buying and selling good they gave out IOUs. But corrupt goldsmiths used to give out more IOUs than the vault held. Thus was born the bank run. I"m sure that XRP could be trusted but because humans control it and humans can be corrupt they can change the game and destroy XRP wealth overnight. |
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Winlkevoss twins owning 1% of bitcoins. Yes it is a choice they made to buy those coins. I am fully aware they own that many. If they want to buy 100% of the coins that is fine too, I expect that will be very costly. Its a matter of free market demand. They don't control the bitcoin network any more than the other 99% of owners control the network. If the 99% sell of bitcoin to 0 then the Winklevosses lose. They took a risk. But having 1% of anything is not control. Tell me where you can own 1% of something communal and have control over the 100%. Lol The FBI owns 144,000 coins. This is even sadder than your winklevoss argument because their bitcoin stake amounts to 1.2% of total bitcoins and their "ownership" is only as an asset in a criminal investigation that will be auctioned off to the public when the investigation is complete. So they did not purposefully take the coins to "control" the network. What the buyer does with the coins is up to them. Free markets dictates that. Bitcoin price manipulation. That entire article is conjecture. There is not fact behind it. The bitcoin market is controlled by market dynamics. Bitcoin ownership by account.  Compare that to the United States wealth distribution  Now compare how much control the creatores fo ripple have over XRP. Oh yeah...  "Ripple is a scam! Ripple is a get rich quick scheme for it's creators, a private for-profit company. It is NOT open source. It is CENTRALIZED, akin to PayPal rather than Bitcoin. For more info, visit RippleScam.org." |
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the price fall means its a free market. Not a centralized market that is controller by a few insiders. I do not want a central bank crypto. I want to make my own choices. Ripple is a scam because it makes me put my faith in a few people who control it. Even if they are honest they can be replaced by more corrupt people with their own agenda. So screw ripple's system. It is inherently flawed.
This is another argument I laugh at and should include into my OP. You do realize that those accounts at the top manipulate the Bitcoin prices? You do realize that the Winki Twins alone have around 1% of ALL BTC's? You do realize that the US GOVERNMENT has the SECOND biggest Bitcoin wallet after Satoshi? What do you think they could do any moment? Bitcoin is run by Whales looking to get richer. Freedom is just an illusion and your ignorance has demonstrated that perfectly in front of everyone. At least I know who is behind Ripple and that they have an incentive to make it a success. We don't have some government entity that holds a majority of XRP, looking to destroy the network. Citation needed. I have proof of ripple's centralized control as it is part of the architecture. It was designed that way. All you have is speculation and conjecture. Keep spreading FUD because that is all you have. "Ripple is a scam! Ripple is a get rich quick scheme for it's creators, a private for-profit company. It is NOT open source. It is CENTRALIZED, akin to PayPal rather than Bitcoin. For more info, visit RippleScam.org." |
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the price fall means its a free market. Not a centralized market that is controller by a few insiders. I do not want a central bank crypto. I want to make my own choices. Ripple is a scam because it makes me put my faith in a few people who control it. Even if they are honest they can be replaced by more corrupt people with their own agenda. So screw ripple's system. It is inherently flawed.
"Ripple is a scam! Ripple is a get rich quick scheme for it's creators, a private for-profit company. It is NOT open source. It is CENTRALIZED, akin to PayPal rather than Bitcoin. For more info, visit RippleScam.org."
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Hello fellow miners, I am a cryptocurrency entrepreneur from Colorado.
I have just contacted them with an investment offer, if they are interested I will be flying there soon and will report back with my findings (and pictures, lots of pictures). I have high hopes for this company and while I think they come off as "scamy" I believe they are genuine at their core.
just make sure you get back to us by the oh...say the 18th or 19th of Feb ...I did a paypal order with them on Jan 5th I think....I and a lot of others paid via paypal ... we or most of us will probably dump our alpha stuff...if we have no video or anything else of note by that point in time (45 day option of no product under paypal rules) I myself paid American Express and have another 15 days after this....I think someone told me master card is even longer getting to the point they better put up or shut up on some video actual engineers telling us progress stuff like that imho or we all will likely walk with our paypal $$$$ thanks for your services in this in advance Searing I don't think it is fair nor do I think you are speaking for "most" people as you put it regarding refunds. To expect something working 45 days after you put down a deposit, when all they had was a road map and a basic design shown operating in an fpga, is a bit far fetched. I do look forward to a working prototype (for sure before Alpha Technology asks for the remaining money!) but 45 days from order is a bit much. I'm not sure KNC even had a working model when they first took orders and they are the GOLD standard. (Not that that matters, but it is worth saying). We are in a good situation only having put down a reasonable amount of money, when you consider we will need to see a working model before giving the rest. And again, who showed a working ASIC model so soon? There might be one, but I know many didn't. IAS So how is your TA doin? I got my $14 LTC. Did you get any or are you still HODLing? |
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to tell how mcxnow is such a pathetic scam exchange. The n00b developer of the site kept all his users security information in clear text. Yes that is right. Website fail 101. Didn't know enough to be able to secure a basic website let alone one pretending to be an exchange.
If you think he learned any more since his first fail go ahead and and trust him with your coins. It's only a matter of time before someone finds another exploit on his site.
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Hello fellow miners, I am a cryptocurrency entrepreneur from Colorado.
I have just contacted them with an investment offer, if they are interested I will be flying there soon and will report back with my findings (and pictures, lots of pictures). I have high hopes for this company and while I think they come off as "scamy" I believe they are genuine at their core.
just make sure you get back to us by the oh...say the 18th or 19th of Feb ...I did a paypal order with them on Jan 5th I think....I and a lot of others paid via paypal ... we or most of us will probably dump our alpha stuff...if we have no video or anything else of note by that point in time (45 day option of no product under paypal rules) I myself paid American Express and have another 15 days after this....I think someone told me master card is even longer getting to the point they better put up or shut up on some video actual engineers telling us progress stuff like that imho or we all will likely walk with our paypal $$$$ thanks for your services in this in advance Searing I don't think it is fair nor do I think you are speaking for "most" people as you put it regarding refunds. To expect something working 45 days after you put down a deposit, when all they had was a road map and a basic design shown operating in an fpga, is a bit far fetched. I do look forward to a working prototype (for sure before Alpha Technology asks for the remaining money!) but 45 days from order is a bit much. I'm not sure KNC even had a working model when they first took orders and they are the GOLD standard. (Not that that matters, but it is worth saying). We are in a good situation only having put down a reasonable amount of money, when you consider we will need to see a working model before giving the rest. And again, who showed a working ASIC model so soon? There might be one, but I know many didn't. IAS Gridseed. They didn't start taking orders until they actually had a product to ship. They are the gold standard. |
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I think it is because traders are bored and need to shake up the market to score a profit.
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by the time these miners are shipped LTC will be $10. No one will be mining it as it will be unprofitable for GPUs so only ASICs will be mining it and they will all be dumping the coin to get their ROI back. So I see LTC market collapsing.
Actually, both BTC and LTC are still in large triangle formations, formed out of an up movement. That says, in the next few months there will be a HUGE breakout to the upside. Now, the TA may be wrong but at least there is something to that, unlike your personal opinion backed by nothing. (And pessimistic too boot). Your guess may be right, but my money is on the TA side of things. Wait and see, but thanks for your care in this matter.  Its about sharing So how's you TA doing? |
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So I am just wondering if anyone has brought this topic up yet, but isnt it soon going to be that there are too many coins that all take away a part of the global hashpower. Its easy for anyone with some programming knowledge to make a coin, however for anyone to start mining, lets just say money dont grow on trees. So my question is, is the number of coins to many to have a stable hashrate on any coin? are the coin creaters are basiclly killing their own projects?  It's a free market and miners will only mine coins they feel will have longevity. Some will make mistakes but it is true they are killing their coins if the coins do not have some kind of utility and staying power. Most coins will not survive, that is the nature of the market. Well how do you define a "dead" coin? I have never seen coins being removed from lets say Cryptsy, a coin that is still being traded is still a coin that is "alive" even though the Volume is at 0.1BTC. Something keeps telling me each day that a little bit of regulation wouldnt be bad after all. Something that sorts out shit, shit that shouldnt ever make it to the point so that I can read about it. There has been 4 something drug coins the past week, its stupid really. A dead coin is one that is no longer mined, or is prone to a 51% attack from a single miner. If the network is not running then the coins can't be transferred from a wallet to an exchange and back again. I do not agree with regulation. I think that the crypto market could do well with organizations that can rate the quality of coin networks for miners, investors, etc. Exchanges right now have their own independent metric for rating the quality of coins. I think the system is working. If you have a concern about the quality of a coin, its network etc then I would recommend avoiding it regardless of what exchange it is on. As for the rate of the coin creation, it is part of the market. I am leaning more and more towards competent developers that have a proven track experience in successful coins in the past, or years of development experience. Having a team is a plus. Providing open source code ahead of release, providing the community a forum to discuss features or contribute to the project, and a significant involvement in the development of the coin and marketing it to the world. Everything else is flash in the pan and not worth the time. Best to just ignore them. |
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So I am just wondering if anyone has brought this topic up yet, but isnt it soon going to be that there are too many coins that all take away a part of the global hashpower. Its easy for anyone with some programming knowledge to make a coin, however for anyone to start mining, lets just say money dont grow on trees. So my question is, is the number of coins to many to have a stable hashrate on any coin? are the coin creaters are basiclly killing their own projects? It's a free market and miners will only mine coins they feel will have longevity. Some will make mistakes but it is true they are killing their coins if the coins do not have some kind of utility and staying power. Most coins will not survive, that is the nature of the market. |
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So is this company legit or what?
I want to hear from people that have done research.
It is legit. They are working with a know fabricator. BUt I only question their competency. I believe they are the owners of an ASIC design that was sold to them and they only know enough to understand the design. There has been no report of any experience in FPGA and ASIC design or engineering previous to this. They have been hyping expectations but do not realize that they are working with a company that is new to the 20nm ASIC market and are trying to make a name for themselves. They also have not cautioned anyone on the potential that the fabrication process can be prone to errors and chip quality can vary. Will they accept ASIC chips with quality lower than 70% and just pass that on to their buyers or will they promote high quality and reject chips of poor quality at the cost of their profits, and or result in delaying shipping as a result. So it is not if they are legit or a scam. It is what will happen when their backs are to the wall, will they put out bad products or will they focus on quality over profit margin. |
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there is 500 000 thread 1 m thread and 2 m thread All of them SPAM  DOn't forget my 1 b thread and I think there is a $20 thread too. Lulz. |
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WTH??? Is this the latest scam. Have Nigerians noticed the Crypto market and shifted focus from old ladies to crypto idiots?
Stop with these investment threads!!!
That is all.
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by the time these miners are shipped LTC will be $10. No one will be mining it as it will be unprofitable for GPUs so only ASICs will be mining it and they will all be dumping the coin to get their ROI back. So I see LTC market collapsing.
Actually, both BTC and LTC are still in large triangle formations, formed out of an up movement. That says, in the next few months there will be a HUGE breakout to the upside. Now, the TA may be wrong but at least there is something to that, unlike your personal opinion backed by nothing. (And pessimistic too boot). Your guess may be right, but my money is on the TA side of things. Wait and see, but thanks for your care in this matter. Its about sharing Yes a triangle formation that has a down trend with a stepper angle than the uptrend. Meaning that the uptrend has a high probability of being broken. Especially since thee uptrend did go parabolic. Your TA is fine but it isn't complete. Right now BTC and LTC are trading on the support of that uptrend line. The speed of the decline will result in a break of that uptrend and a new upward trend will have to be resolved. I'm not pessimistic about BTC or LTC. I do expect longer term it will be higher but by the time these miners are shipped LTC will be difficult to profit on. I expect many of them will be on sale on ebay. |
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by the time these miners are shipped LTC will be $10. No one will be mining it as it will be unprofitable for GPUs so only ASICs will be mining it and they will all be dumping the coin to get their ROI back. So I see LTC market collapsing.
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In tears laughing my ass off at emule, I have a 300k sell order racked at .00001, buying a new nissan 370z  . Keep on selling, the lucky guy that bought your 1 million will buy an island one day because of your stupidity. $1 million in net worth and you are buying that crappy $30k car?  |
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Pretty sure I witnessed Keiser himself throwing up large buy walls to prop the price up. He's essentially PAYING YOU to mine his coin, which is the exact opposite of this thread title.
All pump and dumps start with the illusion of support. That is the pump. When you see the buy wall turn into a sell wall that is the dump. Remember that P&Ds can take days weeks, even months to complete. |
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