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I would like to buy 500 XRP. Please send them to
rhWUBXH5F5VokNGkcgHt6YSMWnbVpQ7C3o
I'm willing to send back 0.1 BTC as a thank you
1) Login to your Ripple client.
2) Click "Send" tab, transfer your XRP to my address rhWUBXH5F5VokNGkcgHt6YSMWnbVpQ7C3o , confirm.
3) PM me on Bitcointalk with your Ripple address (to check the amount of XRP that you sent) and your bitcoin address.
4) I will send 0.1 BTC to your bitcoin address as soon as I confirm your transfer.
I will put a follow up post when this is completed as I only want enough XRP to get started with Ripple. I'm not looking to buy lots of XRP. If too many people send XRP to me, I'll send it back.
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Price stability: Huge intraday price moves like the last few days are not helpful to achieving ubiquity for Bitcoin as a medium of exchange.
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Consider coinbase if you are looking for payout to a US bank account. Their fee is 1% off of the current market quote (basically Mt. Gox) the quote even updates if you take a long time to complete checkout.
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I think Ripple has the potential to fix a lot of the transactional flaws in Bitcoin. It takes hours to confirm a Bitcoin transaction and the value fluctuates rapidly. People can use Ripple to exchange BTC in a faster way while still using BTC as a store of value / unit of account. Others can use Ripple as away to exchange fiat currency quickly and at essentially zero cost which is very valuable indeed.
Bitcoin is a store of value (scarcity / mining) and medium of exchange (transactions) while Ripple focuses on just being good as a medium of exchange using other stores of value.
Ripple: rhWUBXH5F5VokNGkcgHt6YSMWnbVpQ7C3o
--gfuld
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No problem. Good luck getting your issue resolved!
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Try tweeting to @coinbase They reply actively there.
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