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Author Topic: Trying Ripple  (Read 1524 times)
Theraty
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May 10, 2013, 12:11:26 AM
 #21

Is there an easy way to buy XRP?

https://www.bitstamp.net/market/xrp/

You can put money on through bank transer, bitstamp code, bitinstant transfer or bitcoin deposit.
janikus24
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May 10, 2013, 12:24:04 AM
 #22

Is it just me, or does it seem that one needs 300XRP to "activate" an account in order to buy more XRP.. I don't quite understand. I'm willing to convert some BTC into XRP (I have an empty account on ripple.com) but I don't see how to get started.
Theraty
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May 12, 2013, 09:23:20 PM
 #23

Is it just me, or does it seem that one needs 300XRP to "activate" an account in order to buy more XRP.. I don't quite understand. I'm willing to convert some BTC into XRP (I have an empty account on ripple.com) but I don't see how to get started.

I'll sell you 350 xrp for 0.15btc with escrow if you want
tradebot
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May 12, 2013, 09:51:22 PM
 #24

Too much currency risck to kill all currency
abrkn
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May 12, 2013, 10:22:49 PM
Last edit: March 15, 2015, 03:31:42 AM by abrkn
 #25

-

keybase.io/abrkn/key.asc
Theraty
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May 13, 2013, 11:01:38 PM
 #26

Is it just me, or does it seem that one needs 300XRP to "activate" an account in order to buy more XRP.. I don't quite understand. I'm willing to convert some BTC into XRP (I have an empty account on ripple.com) but I don't see how to get started.

Buy ripple with bitcoin on therocktrading.com if its any help to you.
abrkn
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May 18, 2013, 08:12:19 PM
Last edit: March 15, 2015, 03:36:55 AM by abrkn
 #27

 

keybase.io/abrkn/key.asc
Marbit
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May 19, 2013, 02:43:20 AM
 #28

Loving trading BTC/XRP with the ripple client. Have made quite a few coins!   Grin
darkproton
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May 19, 2013, 06:05:39 AM
 #29

Were to download ripple client?
jashper
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May 19, 2013, 06:10:36 AM
 #30

only in-browser at the moment
themusicgod1
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May 20, 2013, 01:46:58 AM
 #31

Any advice for a newbie trying Ripple? Huh

Thanks, in advance.

If you can help it, don't use it soley as a means to get bitcoin.  Ripple is used better when it's used to actually manage things outside of money -- keeping track of who needs to chip in for coffee, and so on.  Don't put too much trust in anyone, including exchanges -- only trust what you would be willing to lose.
themusicgod1
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May 20, 2013, 02:40:48 AM
 #32

It looks interesting, but I wish I knew how to use it!

Try villages.cc instead if you're having trouble with Ripple.com
themusicgod1
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May 20, 2013, 02:42:56 AM
 #33

Is it just me, or does it seem that one needs 300XRP to "activate" an account in order to buy more XRP.. I don't quite understand. I'm willing to convert some BTC into XRP (I have an empty account on ripple.com) but I don't see how to get started.

You may want to read https://ripple.com/wiki/Reserves

tl; dr you need a minimum amount of XRP to
* Start an account
* Create a connection to someone else
* Send a payment through the network.

Hibero
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May 20, 2013, 02:57:39 AM
 #34

hmm never heard of it
overc
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May 20, 2013, 05:16:53 AM
 #35

Any advice for a newbie trying Ripple? Huh

Thanks, in advance.

My opinion that Ripple will not live by three reason:

1. No benefits for nodes to support the network. A few people will do it for free.

2. OpenCoin holds almost all of XRP, it is impossible to put it in a circulation in fair way for to satisfy all of participant.

3. Too complicated for understand.


qwerty1231121
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May 20, 2013, 05:50:52 AM
 #36

Ripple is going to be just another token system
🏰 TradeFortress 🏰
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May 20, 2013, 05:51:30 AM
 #37

Any advice for a newbie trying Ripple? Huh

Thanks, in advance.

My opinion that Ripple will not live by three reason:

1. No benefits for nodes to support the network. A few people will do it for free.

2. OpenCoin holds almost all of XRP, it is impossible to put it in a circulation in fair way for to satisfy all of participant.

3. Too complicated for understand.

The trust and liquidity providing features are also flawed.
themusicgod1
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May 20, 2013, 08:18:35 AM
 #38

Any advice for a newbie trying Ripple? Huh

Thanks, in advance.

My opinion that Ripple will not live by three reason:

 1. No benefits for nodes to support the network. A few people will do it for free.

From the Ripple.com wiki:

Who will run validating nodes?
Quote
Anyone whose business relies on the network:
Gateways
Merchants
Arbitragers
Day traders
Anyone who wants to support currency choice:
Digital rights groups
Libertarian groups
Individuals
Anyone who wants to support the underbanked:
Organizations
Individuals
Anyone who wants to provide a public service:
Universities
Anyone who provides hosting services for open source projects

ie enough people that this, while in theory is a valid concern, isn't going to be much of a serious one.

Quote
2. OpenCoin holds almost all of XRP, it is impossible to put it in a circulation in fair way for to satisfy all of participant.

There's always going to be a way to satisfy some(at the cost of others) in distribution of wealth - this wealth distribution problem is not unique to ripple, and not even really unique to currency.  However you're correct in that if it's not distributed in a way that satisfies enough people Ripple will not succeed.  It does not have to satisfy all participants, however -- just enough of them.  Network effects and other factors will take care of the rest.

Quote
3. Too complicated for understand.

As far as the interface is concerned, that will be improved as more businesses get involved, and the server is released.  As far as Ripple itself...well maybe.  But then again, the internet and email is pretty complicated, but people figured those out.

Quote
The trust and liquidity providing features are also flawed.

This sounds like semantics.

milloe
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May 20, 2013, 08:25:08 AM
 #39

i tried to read the whole documentationt. i understand maybe 90% of it
chrismaher96
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May 20, 2013, 08:42:19 AM
 #40

I have a Ripple account, with Ripples but don't know what to do with it :/
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