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Why everybody say that ripples are pre-mined, if there is no mining in ripple? XRPs are just distributed different way than bitcoins. The distribution of xrp is controlled by commercial company, but this is not pre-mining, since nobody is mining. Early adopters get their xrp for free, late adopters will suck need to buy them.
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Re-read the OP.
Or should I re-write it more slowly?
Better send some coins (1 satoshi is enough)
Ok, I got you. Ripple++ is not a scam!1 |
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my IQ isn't high enough to come to the final conclusion
Welcome to the club. My IQ is not high enough to understand the point of your project as well. |
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Why don't you use ripple network to trade? Ripple dev worked their ass off to provide us environment exactly for this  |
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Debt can be very close to slavery depending on the conditions.
This is true. When you borrow some money from your neighbor it is not a slavery. I did this a lot when I was a student. I borrowed from my friends when I needed to survive to next scholarship, and gave loans to my friends when they were in need. Slavery begins when your debt becomes somebody's income. You are describing ripples business model in your last sentence No. If I use ripple, I owe noting to Open Coin. The only way they can get your money is if you buy xrp from them. |
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All this argument is silly. Ripple and Bitcoin each have their strengths and weaknesses, and we should be spending our efforts integrating the two, like what DividendRippler has done, rather than arguing which one is better. Neither of them provide true anonymous, untraceable digital cash, and for that we need Open Transactions. So let's get busy developing a fully-integrated ecosystem between the three.
This is true. |
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Debt can be very close to slavery depending on the conditions.
This is true. When you borrow some money from your neighbor it is not a slavery. I did this a lot when I was a student. I borrowed from my friends when I needed to survive to next scholarship, and gave loans to my friends when they were in need. Slavery begins when your debt becomes somebody's income. |
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Hello
I sold my ripples for btc, in my ripple client.
so now I have several btc but can't figure out how to transfer those to a bitcoin wallet that I control!
help?
You should use one of gateways. This worked for me, but pay attention, there is a bug in their online wallet. The balance box does not show you exact balance, it truncates decimals. You need to hover you mouse over number to check out your exact balance. Edit: this is my nail into ripple coffin |
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I understand debt just as well as anyone else. I don't have any.
You, lucky bustard. |
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You don't seem to understand that debt equals to slavery.
This is a stupidest statement I'v ever heard. If you was born in human society, you are in debt. No matter if you are slave or a king, you are in debt. This is how nature works. Human species live in hеrd since a birth of humanity. If you want to be free, go live in desert alone, eat peyotes. |
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There is no way Ripple is better than Bitcoin, I doubt if it will even make a ripple in the crypto-coin market.
While you are all focused on crypto-coins, a payment system a distributed payment system that can include all crypto-currencies will become king. It may not be Ripple, but as of now, Ripple has the best shot in my opinion. You make valid points, but I think you have a hard time arguing with people because your thread title is provocative and incorrect. Ripple is older than bitcoin, but it was not in focus until now. What changed? Bitcoins came to the world. Bitcoin technology gave ripple developers some ideas. Combination of both technologies lead to progress. |
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So how does it work? If I want to transfer 1 BTC to my friend John Doe - do I need to buy some XRP or pay a fee of the transaction?
One bad thing about ripple is that you need at least a PhD degree to understand how it works. I have one, and I had a hard time figuring this out. Shortly speaking, if you want to send 1 BTC to your friend, you open your btc client, press "send" button, type your friend's bitcoin address, 3 confirmations, done. Ripple comes into play if you have 1 BTC, and your friend wants Brazilian reals from you. |
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Sure. How much do you have and what do want for it?
50,000 XRP on hand ..since it's a revolutionary system and clearly superior to Bitcoin, I'd be willing part with it for a mere BTC500. Should be a steal once XRP takes off. Naturally I'm willing to negotiate. I'll give you BTC4 for the 50,000 XRP. I curse you. You are destroying the market You clearly don't understand that those XRP can be converted into BTC or USD in about 3 minutes in Ripple. Take it easy bro. I understand conversion part. Do you understand humor? Why did you offer 4 of your precious BTC for 50,000 crappy XRP if a guy can give them away for free? |
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Sure. How much do you have and what do want for it?
50,000 XRP on hand ..since it's a revolutionary system and clearly superior to Bitcoin, I'd be willing part with it for a mere BTC500. Should be a steal once XRP takes off. Naturally I'm willing to negotiate. I'll give you BTC4 for the 50,000 XRP. I curse you. You are destroying the market |
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50,000 XRP on hand ..since it's a revolutionary system and clearly superior to Bitcoin, I'd be willing part with it for a mere BTC500. Should be a steal once XRP takes off.
Get off. Ripple is a piece of crap. Why don't you send me your 50,000 XRP and I send you 0.1 of my precious BTC? |
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Ok, so if I want to do a payment or move some money - why should I use Ripple, when I already have Visa and PayPal, and perhaps also bitcoin?
I think, for exchange of your bitcoins into other currencies. Distributed exchange is built in into ripple. |
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Maybe the system should be reset with a fair XRP distribution system and the server opensource from the start, then I would like it :/
I don't understand why they don't distribute certain amount of xrp per day automatically to all existing accounts equally. Sort of reverse demurrage. This would be fair imo. |
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issue is still ignored: 'If their page gets down all the ripple system is dead. simple as that.' .
No. Why? Ripple ledger is distributed just like bitcoin blockchain, isn't it? |
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and they can make another ton of 100 billion xrps..
They would need to start a new ledger for this. It is not improbable. |
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But isnt one of the major things that is great about bitcoin the fact that banks dont have anything to do with it?
It is only in dreams of bitcoiners. Miners sell bitcoins for real money to pay their bills. Bitcoin fans buy bitcoins for real money to get screwed by day trading. Each cash in or cash out to exchange go through bank. |
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