Join me in prayer for an economic apocalypse to save our precious bitcoins from reaching new lows.
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lol all this panic and here I am thinking about how much to deposit at the bank tommorrow
There is never a shortage of greater fools until the house fully collapses.
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china has broken 2800
They still way above bitstamp and btc-e Bitfinex scratching 24h low. Is Crypto done?? Depends how you define "crypto." Some protocols are doing fine.
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This is so fucked up.. makes zero fucking sense anyone thinks there's a chance for sub 300?? I don't know if I will sell my whole fucking stash or leverage HARD if we would sub 300 Dunno, but I'm expecting a mass exodus of USD to Stamp's ripple Gateway. Probably by the end of the month. Maybe October though.
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no wonder ripple price has held up. i guess this means he done buying... can we please stop pumping Ripple FFS pump the good old bitcoin. If bitcoin and xrp re-couple, I will consider it.
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Bitcoin tanking while XRP train leaving the station. Get on before it's too late. This gonna be HUGE.
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I'd like to know how much of that $65 million is frozen due to suspicion of illegal activities. If none, then I'd like to know more about Bitstamp's KYC/AML procedures, or lack thereof.
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banks!? what banks??? welcome to bitcoin! This attitude is what's preventing mainstream adoption. *edit*
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can i send my ETH to IBM's Ethereum fork? What the FORK does this mean? What it sounds like IBM is going to create an Ethereum that will work while people here gave a 19 year old ~$15 mil worth of BTCwho gave a 19 year old ~$15 mil worth of BTC ? It's those damn speculators!
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http://blogs.wsj.com/moneybeat/2014/09/16/bitbeat-is-the-battle-for-bitcoins-soul-already-over/...
Many people observed that Ripple Labs was already actively pursuing the described strategy and argued it deserved acknowledgment for this. The piece was deliberately framed as a way to think about what bitcoiners can do to promote their currency. It wasn’t intended as a discussion of other cryptocurrency projects, which is why Ripple ended up with only a brief mention.
But Ripple enthusiasts have a valid point. When it comes to the strategy we outlined, one where cryptocurrencies and decentralized networks would become the financial plumbing through which big institutions shift money cheaply around the world and so reduce costs in the global economy, Ripple is right there. And it may well prove to be a successful model, so long as it can sign on enough of the “gateways” needed to give its decentralized network the critical mass it needs.
...
On the one hand, there are supporters of the angle we took, which appeared to include Ripple fans and, let’s say, a more pragmatic wing of bitcoin, which sees cryptocurrency technology as a tool to reduce costs in the existing system. Although this group shares the passion that the more idealistic cryptocurrency enthusiasts hold for stripping middlemen from transactions and leveraging decentralized networks, they tend to be more agnostic on the issue of currency. The idea is that for bitcoin or any other cryptocurrency to change the world it’s not necessary that it entirely displace fiat currencies, only that its technology be used as the intermediating infrastructure for monetary exchange.
On the other hand, those with a more sweeping, idealistic view of the bitcoin “revolution” have a grander vision. It’s a political vision, an ideological vision, a fiercely libertarian and essentially anarchist vision. For this impassioned and, to be fair, articulate group, the angle that we adopted in our column was not an exercise in “thinking bigger,” but of thinking too narrowly – as one critique of the piece decided to point out.
...
Related: http://www.coindesk.com/banks-cut-ties-isle-mans-bitcoin-industry/ Bitcoin's naive ideology will be the death of it. Ripple, on the other hand, is pragmatic and on a positive trajectory.
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I think the one manipulator will come soon, hammering the final nail in the coffin.
satoshi?
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https://ripple.com/forum/viewtopic.php?t=7876&p=56599#p56597Dear Ripple Community,
Just for clarification. We are in talks with Ripplelabs. Our first goal is to implement the Ripple payment protocol for cross-border payments by the end of october 2014. Until then, I beg your patience.
sincerely, Vince
If that post is legit (Senior VP of City National Bank), then XRP is going to the moon very soon.
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