Latest posts of: mmeijeri

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861

on: April 12, 2013, 04:07:25 PM

Quote from: Minor Miner on April 12, 2013, 04:03:10 PM I am only interested if it is focused on bitcoin (understand it must take fiat too), not some replacement coin. They have their own currency called Ripple or XRP, but you can trade between XRP and BTC, and between either XRP/BTC and a number of major world currencies. The good thing is that it provides a payment system without the exchange rate risk of BTC and a distributed exchange that can provide a robust and resilient alternative to Mt Gox for getting BTCs into the real economy.

862

on: April 12, 2013, 04:04:01 PM

Quote from: misterbigg on April 12, 2013, 03:52:15 PM Why do I see so many calls for implementing distributed Bitcoin exchanges or putting up more robust/centralized Bitcoin exchanges when we will soon have Ripple, which perfectly provides distributed order books? I had the same question. It doesn't help that Ripple is still in beta and you have to jump through a few hoops to get in. I had to find someone on Reddit who was willing to exchange XRP for BTC, open an account at bitstamp, deposit some BTC and transfer it to Ripple so I could buy some more XRP. With the additional XRPs I'm hoping to help a friend get in tonight or tomorrow.

863

on: April 10, 2013, 09:09:30 PM

Quote What we need to do is build a fast, robust, extremely secure, open-source exchange, with a standardized API that traders can plug into to easily arbitrage. That's what Ripple will be. So far, only the client has been open-sourced, but the server will follow. Quote Great idea, and technically it shouldn't be difficult - but the difficulty is taking/receiving fiat payments... Ripple does that by trading in IOUs between nodes in a trust graph, with credit limits on each edge in the graph, and leaving settlement to individuals that have a trust relationship.

864

on: April 10, 2013, 07:59:07 PM

I'm hoping Ripple will help with that. However, to use Ripple you need XRP, and I haven't been able to buy any. Maybe once the meltdown is over.

865

on: April 09, 2013, 06:03:53 PM

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866

on: April 09, 2013, 05:54:26 PM

Hmm, those higher ranks are pretty expensive at today's prices...

867

on: April 09, 2013, 05:28:21 PM

I'm surprised to hear they were having problems back then. I had heard of Bitcoin, but never really looked into it until two weeks ago. It took me about 6 hours to read up on the algorithms and convince myself this was legit.

868

on: April 09, 2013, 05:23:27 PM

Strongly libertarian / anarcho-capitalist extreme programmer. I'd like to see Bitcoin succeed because I think individuals should have far more control over their own lives.

869

on: April 09, 2013, 05:21:50 PM

Yeah, and that doesn't really help the S/N ratio of the forum. Then again, if it's restricted to the newbie forum, others aren't inconvenienced by it. And with the crazy amount of interest in Bitcoin it's impossible to follow the discussion anyway. How can you have a conversation with millions of people? We live in crazy times...

870

on: April 09, 2013, 05:07:08 PM

I'd like to be whitelisted. As evidence I've studied Bitcoin I offer the comments I've made on Disqus, Reddit and Twitter: http://disqus.com/mmeijeri/ http://www.reddit.com/user/mmeijeri/ https://twitter.com/mmeijeri