[ANN] DividendRippler.com Create Assets & Pay Dividends in ripple

[nelisky]

I'd advise anyone who is thinking of using this service to read the two links in my signature instead. Know what you are getting into.

I appreciate your quest to warn people about what you consider a scam, that's what makes this community safer, but I have to ask: wtf?

Do you just post on every ripple related thread or is there anything particular to the subject of this one that you feel people should know about? Ripple is not a scam in my opinion, obviously if you look at XRP as currency it is, but that is completely unrelated to the usage of ripple. Sure, you can issue yourself any kind and amount on ripple, but what makes ripple tick is trust, and I most certainly don't trust your self issued BTC anymore than I would trust your self printed bank notes.

Is there something specific to TAABL or DividendRippler that you feel needs being said?

[nelisky]

Fantastic application that fits Ripple so perfectly! Really nice. Now hoping to get one TBL. So far I can only see 0.9 on offer...

There is no need to do full units, you can buy 0.9 or any part thereof. But just in case you must have 1.0 you can always find more offers on TRC and LTC markets.

[wpk]

Yes I understand I can also have less than 1% share. Was hoping to find some more offers coming.

With only one offer in the order book it is very hard to valuate the offer. For example, how often is TAABL going to pay dividend? Is all of its earnings filtered in this system or only part? If I'm guessing correctly 2BTC/month then at 0.175 per 1% share I will break even at around half a year, right? With BTC half a year is pretty long I think... Also, if I buy now at 0.175, chances are I can find nobody to sell it to in case I wanted to get rid of it.

So it would be nice to either see some more offers or a bit more information on the dividends. For now I think it is slightly overpriced. Well, all that is if I understand the system correctly, obviously.

[nelisky]

Yes I understand I can also have less than 1% share. Was hoping to find some more offers coming.

With only one offer in the order book it is very hard to valuate the offer. For example, how often is TAABL going to pay dividend? Is all of its earnings filtered in this system or only part? If I'm guessing correctly 2BTC/month then at 0.175 per 1% share I will break even at around half a year, right? With BTC half a year is pretty long I think... Also, if I buy now at 0.175, chances are I can find nobody to sell it to in case I wanted to get rid of it.

So it would be nice to either see some more offers or a bit more information on the dividends. For now I think it is slightly overpriced. Well, all that is if I understand the system correctly, obviously.

There is a very, very thin market as this is a really new and not really well understood offer, but you should find most of your questions answered at https://bitcointalk.org/index.php?topic=190193.0

If you have any further questions just post on either thread. I can try to talk a bit more on expected profit and such, just not at this time.

[wpk]

Not that it is a problem, but I was quite surprised to receive payment from TAABL directly rather than through DR, as in this thread it was explained "payments are made in the ripple network using DR, ..."

Seriously, I don't mind, as long as the issuer is DR ---which it is.

[nelisky]

Not that it is a problem, but I was quite surprised to receive payment from TAABL directly rather than through DR, as in this thread it was explained "payments are made in the ripple network using DR, ..."

Seriously, I don't mind, as long as the issuer is DR ---which it is.

Well, bad wording on our part. Payments are made using DR IOUs, but the payer is the asset account, not DR, which will be true for all assets.

[profitofthegods]

Any update on the fees for issuing an asset? I may be interested.