This article is wrong, BTC2Ripple was operated by SnapSwap, not Ripple Labs (there is no "Ripple Inc.").

XRP is no IOU, it is the only native asset.

This article is wrong, BTC2Ripple was operated by SnapSwap, not Ripple Labs (there is no "Ripple Inc.").

XRP is no IOU, it is the only native asset.

That sounds like a REALLY REALLY REALLY bad idea to run on a free webhost! Run this only on hardware you trust and control!

I agree, something that is a bit more dynamic towards current market situations would be better.

Oh, and:
No, it is not - only if you count individual offers (which could easily be a sybil/collusion attack by a single actor operating several instances with a few BTC each).

Ok, so definitely not worth the risk then.

To earn just one single USD per day(!) you'd need to keep about 7 BTC at that rate on a hot wallet while announcing your IP to an IRC server.

Also I am wondering if it is a better strategy to put up several instances with similar configuration and effectively sybil attack the market, hoping you get more volume from people that try to "fan out" to get more counterparties involved or to pool all your funds in one large account, hoping for a "big fish" that wants to launder a lot of money at once.

The market is still tiny and while early adopters might be happy to offer their coin for nearly free for mixing, this might not be the case in the future. A 2% fee for achieving anonymity is still quite low, adding built in magic default values is not a very sustainable or helpful thing if you want to establish a free market.

Maybe display fee in relative and absolute values, optionally also with fiat prices?

Anyways, please put this warning value in a configuration file and maybe write your 2% as a default in there... but don't hide this deep in the code.

By the way, how high is traffic and volume actually? If I offer coins at relatively competitive rates, how often do these actually get taken? Daily? Once per hour? Are there historic stats to analyze?

2% is not "insane"...

https://github.com/chris-belcher/joinmarket z.B.?

You leave orders open when going to sleep?!

Sorry for your loss, but that is already a whole different level of negligent.

Use the private key that you were told several times to back up to sign transactions.

Kommt immer drauf an, wer was nachverfolgen will.

Naja, Geldwäsche funktioniert jedenfalls SEHR viel anders, als du es dir offenbar vorstellst (das hat wenig mit BTC zu tun). In welchem Studium schreibst du denn die BA? Irgendwas Business-mäßiges oder ein technisches Studium?

I published scripts for both importing data into Google docs and converting the CSV into ledger-cli format somewhere back in the 3(?) Bitfinex threads. As I don't do much trading, I am not so sure if it would correctly parse all the possible entries and also some names have changed by now... but in general it shouldn't be too hard to e.g. write a converter to ledger-cli format yourself and then use ledger to generate any kind of report you want.

Unfortunately sometimes it takes quite a while (and often fails) recently to download the history_USD.csv file for me (I have referred some heavy users apparently), so I'm not 100% up to date on that. In general it should be possible though to either extend my early code that I published or rewrite it from scratch. My current tests with my more recent script seem to work out nicely (e.g. balances match up).

Es ist mir nicht ganz klar, was du da genau machen willst... Transaktionen in Ripple sind zumindest öffentlich, daher dürfte es nicht allzu schwierig sein, diese zu verfolgen. Ob man den Link zwischen BTC --> Ripple und dann Ripple --> BTC erkennt kommt ein bisschen auf dein verwendetes Gateway, Beträge und so weiter an.

Wäre interessant, wenn du deine Bakkarbeit dann hier auch veröffentlichst.

Coinimal, nicht "coinimail".

Außerdem ist auch coinfinity empfehlenswert.

Geht relativ einfach, wenn man den rückbuchenden Account danach nicht mehr verwenden will/muss.

Wie kommt man nach ~2000 Posts hier auf die Idee, dass PayPal nicht rückbuchbar ist? Account gekauft?

If your index corrupts it just needs to be rebuilt, there is no need to download anything. Also 0.10.0 and newer will download while syncing (which is the limiting part on most machines out there). If you speed up the download step, you don't measure the whole time it takes to get up to sync...

Fidor nimmt keine Kunden aus Österreich an...

So how can I verify the reserves backing my account balance anyways with your new multisig backend (which address should I check)? Or did I misunderstand something?

"Aldi Österreich" heißt übrigens "Hofer" und ich hab dort noch nie diese ominösen Tic-Tacs gesehen... sorry. Eventuell sind die immer schnell ausverkauft?

Which IRC channel are you talking about? Anyways, yes, you can of course still run rippled (https://github.com/ripple/rippled) to directly connect to the P2P backend, you can also locally deploy the client that also powers rippletrade.com (https://github.com/ripple/ripple-client) if you don't want to get the JavaScript served from Ripple Labs' servers or you can use ripple-lib to write your own client (or interface directly with rippled or a different API endpoint like RippleREST).

The security model of rippletrade.com is similar to blockchain.info: Your private key gets encrypted locally with a username + password and stored (encrypted) at a third party server (aka. "blobvault"). Source code for all components is available under a free license, in case you are wondering.

You have to trust rippletrade.com to serve you the correct JavaScript (it is ensured that you are actually talking to them via TLS), otherwise you can also host the code locally of course or write your own client.

The crypto is very similar to Bitcoin (same ECDSA curve, but seems like "soon" DJB's ed25519 curve will also be supported for signatures/keys, same base58 encoding primitives for addresses and other user-exposed binary data), so it shouldn't be too hard for you to verify what happens behind the scenes.

Authorities are not holding your keys and (unless you have a very simple user<-->password combo) also can't access them if they get a hold of the blobvault. Even if you own a private key of a third party, you can not reverse transactions (just like in Bitcoin), you can only transfer or trade what you already own, not what you have owned at a certain point in time.

Privacy is a different matter, since Ripple operates on balances, not references to previous transaction outputs it is relatively hard to "launder" money there compared to e.g. CoinJoin. This might chnage in the future, since the next larger feature is going to be Multisign afaik. which would allow several accounts to bundle their payments and thus obscuring individual money flows. In general it is possible to buy XRP anonymously and keep your account off the radar, once you really want to use Ripple itself though and not just play around with XRP, you might have a similarly hard time as with using Bitcoin really anonymous.