Buying XRPs at one of the best price of the forum: 0.38 btcs for 29.799 XRPs

[Trading]

I'm buying XRP (Ripples): 0.38 btcs for 29.799 XRPs, that is more than 1 btc for 79.000 XRPs. I can guaranty this price only for the next 8 hours, so hurry.
Don't just send your XRPs and wait hours for your bitcoins. With me, it's an instant transaction, get your bitcoins in one or two minutes, just send me a message, I'm online most of the time.
Buy with confidence. Look to all my vouches on my main thread: https://bitcointalk.org/index.php?topic=146431.0

[annette786]

This only values the ripple marketcap at ~ $38,750,000.  It's worth WAY more than that. 

[Trading]

If you had that kind of money, would you buy Ripple for 38 million?

[duckbillp]

This only values the ripple marketcap at ~ $38,750,000.  It's worth WAY more than that. 

It should be worth way less than that. Ripple may not get to the point of any notable adoption considering the XRP distribution. But if they do, those ripples may become worth a lot -- until the consensus system decides to value them less

[Trading]

Yes, there is a lot of speculative optimism on the price I'm offering.

[alexkravets]

There is no need for one off trades, trust or escrow schemes.

Those who wish to sell their XRPs at the fair market rate with no private messages or trust required using ripple itself, I simply refer to my previous post.

https://bitcointalk.org/index.php?topic=147231.0

[Trading]

Some people considerer too complicated to use the Ripple client, even with some help, and to transfer the money out of the ripple network can give some headaches.

[alexkravets]

Some people considerer too complicated to use the Ripple client, even with some help, and to transfer the money out of the ripple network can give some headaches.

True, those people should go back to drooling back on their back porches and leave the early adoption to the early adopters :-)
Eventually those back porch people will be happily swiping their cards or paying by their phones not even suspecting that txs are clearing on the world-wide ripple network.

[Sunny King]

True, those people should go back to drooling back on their back porches and leave the early adoption to the early adopters :-)
Eventually those back porch people will be happily swiping their cards or paying by their phones not even suspecting that txs are clearing on the world-wide ripple network.

The risk is even higher politically than technically. Before ripple can become a major financial clearing network, it's entirely possible that fed would make a move against ripple and its gateways ala egold. The fact that ripple is located in US doesn't help it either. True it's a lot more difficult to shutdown than egold, but you never know how much of a market would be left if OpenCoin is in trouble.

Same risk exists for bitcoin although to a lesser extent as bitcoin is not a corporation and does not involve banking system directly.

Kudos to ripple team to take on this uphill battle. I am thrilled to see that after the fall of egold and liberty dollar, bitcoin then ripple is now opening new battleground to free money itself from the clutch of states and their central banks.

[duckbillp]

True, those people should go back to drooling back on their back porches and leave the early adoption to the early adopters :-)
Eventually those back porch people will be happily swiping their cards or paying by their phones not even suspecting that txs are clearing on the world-wide ripple network.

The risk is even higher politically than technically. Before ripple can become a major financial clearing network, it's entirely possible that fed would make a move against ripple and its gateways ala egold. The fact that ripple is located in US doesn't help it either. True it's a lot more difficult to shutdown than egold, but you never know how much of a market would be left if OpenCoin is in trouble.

Same risk exists for bitcoin although to a lesser extent as bitcoin is not a corporation and does not involve banking system directly.

Kudos to ripple team to take on this uphill battle. I am thrilled to see that after the fall of egold and liberty dollar, bitcoin then ripple is now opening new battleground to free money itself from the clutch of states and their central banks.

The idea is that Opencoin will not own Ripple, and that Ripple itself will be decentralized. The system won't be worth anything without gateways, but at the moment I don't see any clear reason why gateways couldn't operate legally. If they comply with the same laws as regular banks do, why not?

[Sunny King]

The idea is the Opencoin will not own Ripple, and that Ripple itself will be decentralized. The system won't be worth anything without gateways, but at the moment I don't see any clear reason why gateways couldn't operate legally. If they comply with the same laws as regular banks do, why not?

Some gateways might, giving the authority less of an excuse, however I suspect that many wouldn't comply. This probably would give them an excuse to try shutting down the entire network.

Of course we hope for the best scenario, and that the resistance of status quo is not too violent. However I think it's a given there will be plenty of bankrupcies of scummy gateways, and excuses to shut the whole thing down would be abundant.

[duckbillp]

The idea is the Opencoin will not own Ripple, and that Ripple itself will be decentralized. The system won't be worth anything without gateways, but at the moment I don't see any clear reason why gateways couldn't operate legally. If they comply with the same laws as regular banks do, why not?

Some gateways might, giving the authority less of an excuse, however I suspect that many wouldn't comply. This probably would give them an excuse to try shutting down the entire network.

Of course we hope for the best scenario, and that the resistance of status quo is not too violent. However I think it's a given there will be plenty of bankrupcies of scummy gateways, and excuses to shut the whole thing down would be abundant.

Since anyone can run a rippled server, it would be hard to shut it down. Authorities could attack the gateways, but if a few non-shady gateways start operating that will be pretty difficult too. I'm not sure about the current ones. The location of Bitstamp seems slightly suspect, as if it would be hard to legally establish it in for example the US. WeExchange doesn't even have a stable website (I'm sure the layout is not supposed to look like that!) and is very new.

[Trading]

The price was updated, I bought a lot.

[Trading]

I'm still buying.

[Trading]

I'm online and will be for next hours: still buying.

[Trading]

I'm online and buying.

[Trading]

I'm online and will be for next hours: still buying.

[drewdtom]

So people do need 201 XRP's just to trade?

Im selling 420 XRP's on Bitmit for this reason, but Im still not sure of the price.

https://www.bitmit.net/en/item/18988-420-ripples-to-get-you-started-420-xrps

[alexkravets]

Yet another offer to buy your XRPs below what you can get in ripple's own BTC/XRP book.

[Trading]

Friends, don't sell your XRPs without asking my price, I might be able to beat most offers. Message me. I'll be out for some hours.