Bitcoin Forum
June 25, 2024, 12:42:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why not invest in Ripple?  (Read 806 times)
Boxxl (OP)
Hero Member
*****
Offline Offline

Activity: 800
Merit: 502



View Profile
January 06, 2014, 07:52:11 PM
 #1

Hi,

Google Ventures and Andreessen Horowitz (http://a16z.com) already invest in Ripple.
These guys don't just invest in something...

Is it?

No Signature right now...
Calhil
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 06, 2014, 08:01:56 PM
 #2

No, they didnt. Ripple is a massive pump and dump scam. Its like a more advanced version of a shitty 100% premined altcoin. If anyone is having doubts about it just check ripplescam.org

BLC & SKC node: addnode=192.3.171.213
BLC: BcaLHiLk74XXSZdebHQY8b3CaoEBLaPtoV
jrretirement
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
January 06, 2014, 09:48:56 PM
 #3

Ripple isn't decentralized, who's to say once every one has invested they won't make more coins when they run out!

It is not a true crypto! 
StewartJ
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
January 06, 2014, 09:59:03 PM
 #4

When it was under a penny an XRP, would of been worth taking a flyer on it to invest 100K or so.

It has a lot of venture backing and innovation, and can be readily exchanged for BTC on Bitstamp, Justcoin, etc.

NWO
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
January 06, 2014, 10:13:12 PM
 #5

A lot of people have. The rest ignore the facts and throw the word 'scam' around as if RL has done something to them. Which is obviously bullshit.
hypostatization
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
January 06, 2014, 10:49:24 PM
 #6

No, they didnt.

Yes they did. Investors are: Google Ventures, Andreessen Horowitz, IDG Capital Partners, FF Angel, Lightspeed Venture Partners, The Bitcoin Opportunity Fund and Vast Ventures.

If anyone is having doubts about it just check ripplescam.org

Except that site has been debunked countless times. It is outdated and inaccurate. Here is the source code that the site claims does not exist, for example: https://github.com/ripple

ripplescam.org was created by reputed scammer TradeFortress, who had a vested interesting in attacking Ripple. It conflicted with his centralized ventures. Just do a tiny bit of research:

https://www.google.com/search?q=tradefortress

Ripple is phenomenal. Almost all Next Gen currency systems validate Ripple in one way or another. It came to market before people understood all the ways centralization threatens crypto currencies. Alleged scammers like TradeFortress, ironically, have also validated the need for systems like Ripple.

Although Ripple cannot be mined, it can be earned in a similar manner. Check out this humanitarian computing project: https://www.computingforgood.org/

xrptalk.org :: setup a wallet + trade all currencies :: gateway reviews @ coinist.co :: deposit to buy xrp @ snapswap [now supporting PayPal withdrawls + instant ACH transfer deposits]
CrossCoin Ventures startup accelerator - offering XRP funding up to $50,000 USD equivalent
hypostatization
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
January 06, 2014, 10:58:02 PM
 #7

who's to say once every one has invested they won't make more coins when they run out!

Validators.

Learn about consensus: https://ripple.com/wiki/Consensus

xrptalk.org :: setup a wallet + trade all currencies :: gateway reviews @ coinist.co :: deposit to buy xrp @ snapswap [now supporting PayPal withdrawls + instant ACH transfer deposits]
CrossCoin Ventures startup accelerator - offering XRP funding up to $50,000 USD equivalent
Boxxl (OP)
Hero Member
*****
Offline Offline

Activity: 800
Merit: 502



View Profile
January 07, 2014, 09:15:51 AM
 #8

Yes they did:
http://www.gv.com/portfolio (search opencoin)

No Signature right now...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!