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Author Topic: ripple: let's test it!  (Read 43850 times)
molecular (OP)
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February 28, 2013, 07:22:58 AM
 #321

You can type any currency pair you want into the trade dropdown. Speaking of which, can anybody else see my BTC/BTC trade? The client makes it a puzzle to set up the trade correctly, but I don't see a reason it shouldn't work.

BTC/BTC? How do you see that market... I can't see that currency pair. Once I select an issuer of base currency, I cannot change the secondary currency other than by selecting a currency pair from the drop-down which does not contain BTC/BTC.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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jking
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February 28, 2013, 02:00:09 PM
 #322

You can type any currency pair you want into the trade dropdown. Speaking of which, can anybody else see my BTC/BTC trade? The client makes it a puzzle to set up the trade correctly, but I don't see a reason it shouldn't work.

BTC/BTC? How do you see that market... I can't see that currency pair. Once I select an issuer of base currency, I cannot change the secondary currency other than by selecting a currency pair from the drop-down which does not contain BTC/BTC.

I think what he's saying is that he synthesized that pair by looking at BTCwee/XRP and BTCbitstamp/XRP. When you cancel out XRP, it gives you BCTwee/BCTbitstamp.

I'm not sure why we can't see that pair directly, though. We can already see crosses between different IOU issuers, BTCbitstamp/USDwee, for instance, so why not BTCx/BTCy crosses?
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February 28, 2013, 03:00:13 PM
 #323

You can type any currency pair you want into the trade dropdown. Speaking of which, can anybody else see my BTC/BTC trade? The client makes it a puzzle to set up the trade correctly, but I don't see a reason it shouldn't work.

BTC/BTC? How do you see that market... I can't see that currency pair. Once I select an issuer of base currency, I cannot change the secondary currency other than by selecting a currency pair from the drop-down which does not contain BTC/BTC.

I think what he's saying is that he synthesized that pair by looking at BTCwee/XRP and BTCbitstamp/XRP. When you cancel out XRP, it gives you BCTwee/BCTbitstamp.

I'm not sure why we can't see that pair directly, though. We can already see crosses between different IOU issuers, BTCbitstamp/USDwee, for instance, so why not BTCx/BTCy crosses?

No – you can see that pair directly by typing "BTC/BTC" in the dropdown field and setting the issuers correctly.
molecular (OP)
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February 28, 2013, 03:16:19 PM
 #324

You can type any currency pair you want into the trade dropdown. Speaking of which, can anybody else see my BTC/BTC trade? The client makes it a puzzle to set up the trade correctly, but I don't see a reason it shouldn't work.

BTC/BTC? How do you see that market... I can't see that currency pair. Once I select an issuer of base currency, I cannot change the secondary currency other than by selecting a currency pair from the drop-down which does not contain BTC/BTC.

I think what he's saying is that he synthesized that pair by looking at BTCwee/XRP and BTCbitstamp/XRP. When you cancel out XRP, it gives you BCTwee/BCTbitstamp.

I'm not sure why we can't see that pair directly, though. We can already see crosses between different IOU issuers, BTCbitstamp/USDwee, for instance, so why not BTCx/BTCy crosses?

No – you can see that pair directly by typing "BTC/BTC" in the dropdown field and setting the issuers correctly.

holy shit. I call that a "hidden feature"

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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February 28, 2013, 03:20:56 PM
 #325

You can type any currency pair you want into the trade dropdown. Speaking of which, can anybody else see my BTC/BTC trade? The client makes it a puzzle to set up the trade correctly, but I don't see a reason it shouldn't work.

BTC/BTC? How do you see that market... I can't see that currency pair. Once I select an issuer of base currency, I cannot change the secondary currency other than by selecting a currency pair from the drop-down which does not contain BTC/BTC.

I think what he's saying is that he synthesized that pair by looking at BTCwee/XRP and BTCbitstamp/XRP. When you cancel out XRP, it gives you BCTwee/BCTbitstamp.

I'm not sure why we can't see that pair directly, though. We can already see crosses between different IOU issuers, BTCbitstamp/USDwee, for instance, so why not BTCx/BTCy crosses?

No – you can see that pair directly by typing "BTC/BTC" in the dropdown field and setting the issuers correctly.

holy shit. I call that a "hidden feature"


Having the drop-down menu is a bit deceiving, people think it it limited to what options are available and do not realize they can type something else in the box.

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February 28, 2013, 08:35:42 PM
 #326

Thanks for that tip. Now I can see the BTC/BTC market.
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February 28, 2013, 10:08:50 PM
 #327

If anyone cares to grant a small BTC or GBP credit, I will reciprocate. When I get some XRP.

rh7eAu9SrFsE2fVfc1PJTs1WYDHGAUde6V
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March 01, 2013, 01:37:43 AM
 #328

Ripple's server (or whatever it is) still seems erratic--cutting in and out a lot.

BTC:1Ca1YU6rCqCHniNj6BvypHbaHYp32t2ubp XRP: rpVbjBotUFCoi9xPu3BqYXZhTLpgZbQpoZ
LTC:LRNTGhyymtNQ7uWeMQXdoEfP5Mryx2c62i :FC: 6qzaJCrowtyepN5LgdpQaTy94JuxmKmdF7
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March 01, 2013, 01:40:46 AM
Last edit: March 06, 2013, 11:46:52 AM by zulzedd
 #329

Someone have same problem with wallet which going offline?


Found answer.

I'm also constantly having problems with currency exchange: order book does not update and wallet occasionally goes offline without any reason. Also, I added trust to bitstamp address but program keep asking me to add trust to the same address each time I attempt withdrawing to my ripple wallet. After refreshing webpage all goes to norm except if I wasn't cicked offline. All in last firefox, win7
These are the three issues that are at the top of my priority list. It will take us a few days to resolve as it requires both server and client changes that have to be coordinated.


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March 01, 2013, 01:44:35 AM
 #330

rfpS692WVbsSXyv6R48K8A2LHCqdvYaS2w

I am poor, but i do work for Coin Smiley
1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM
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March 01, 2013, 11:05:18 AM
Last edit: March 01, 2013, 11:18:07 AM by Bit_Happy
 #331

What?
~247 xrp is not enough?
Your current balance is low. You must keep a minimum of 250 XRP to use all the features of ripple.


Edit: received, thank you.  Smiley
Will someone kind please send me 4 little xrp's?
rndKhw8JpwY3bajTn7Jwp7Q6sXzjNyT77S
Thank you.

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March 01, 2013, 12:21:34 PM
 #332

I sent you 5. You're welcome.
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March 01, 2013, 06:34:23 PM
 #333

Do we have an LTC gateway to ripple somewhere yet?

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March 01, 2013, 06:59:15 PM
Last edit: March 01, 2013, 07:35:31 PM by Timo Y
 #334

Ok, I'm intrigued by this BTC/BTC trading thing so let's have a go:  

I've created an offer selling 0.01 'molecular BTC' for 0.0096 'bitstamp BTC'.  (No offense, molecular!)

molecular: rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU
bitstamp: rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B

Any takers?

You should see the offer if you choose bitstamp as the base currency issuer and molecular as counter currency issuer.

GPG ID: FA868D77   bitcoin-otc:forever-d
moocowpong1
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March 01, 2013, 07:34:34 PM
Last edit: March 02, 2013, 02:12:12 AM by moocowpong1
 #335

Funny, I'm not seeing anything on the Bitstamp BTC/molecular BTC order book. Can anybody else see my WeEx BTC/Bitstamp BTC offer?
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March 01, 2013, 07:40:22 PM
 #336

Funny, I'm not seeing anything on the Bitstamp BTC/molecular BTC order book. Can anybody else see my WeEx BTC/Bitstamp BTC offer?

Ah. Looks like the order has been filled already.  I no longer own molecular IUOs. That went fast!

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March 01, 2013, 10:31:20 PM
 #337

I grant trust to molecular with 100 usd, but I have only 0.5 in my ripple acc now  Wink
You sure you want to do that? That means that if you ever hold USD in the system, molecular or someone else can take them from you and in exchange give you molecular IOUs, which he is under no obligation to honor.


Under no obligation? Maybe not face to face, but if molecular is owed $100 via ripple, I can swap IOUs with that person, yes?

good judgment comes from experience, and experience comes from bad judgment
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March 01, 2013, 10:38:26 PM
 #338

If you don't redeem your IOUs at face value, you would in effect devalue your own worth, make your friends collect what you owe them, and cause your IOUs worth less in the future. An IOU is a promise to your friends that you'll give them USD or whatever other currency you've promised to give them.

(There are things like debt buy-back and discounting of debts at play too, but I don't know how Ripple supports that, if it even does.)
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March 02, 2013, 02:47:37 AM
 #339


Would be great to see some movement on my screen.

TTBit: rGwUWgN5BEg3QGNY3RX2HfYowjUTZdid3E

I've trusted pretty much everyone in this thread for a small amount of USD and BTC. PM me if I missed you.

also - BitStamp looks impressive, can I use this to determine how much trust I grant?


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March 02, 2013, 08:12:00 PM
 #340

Edit Edit: Is there some sort of directory for Ripple yet? I just noticed the address r9YoMBhhQbEA8jsvHnWhAM8tdpN4xYrb8B on my trust list, but I am not sure who they are?

I just trusted you for 0.5 GBP. I also got trusted by r9YoMBhhQbEA8jsvHnWhAM8tdpN4xYrb8B and would like to know who it is.
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