Ripple releases 333 million more Tokens

[dwgscale11]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

[1715640139]

1715640139

[1715640139]

1715640139

[kelsey]

oddly enough though as a whole thats what the crypto community itself is continually doing 

[ICOcountdown.com]

oddly enough though as a whole thats what the crypto community itself is continually doing 

Supplies are contrained typically though?

[pimpjuice]

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

[kelsey]

oddly enough though as a whole thats what the crypto community itself is continually doing 

Supplies are contrained typically though?

yes an infinite number of finite coins 

[poloniexwhale]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

[Spoetnik]

[alyssa85]

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

[Ayers]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

[aioc]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

I wonder why they are still in the top 10,they are the only centralized coin the top 10,maybe this is one that inspire all these centralized crypto currency like Onecoin Tbc among others.They should not be on the top spot people trust them because they are created big names.

[Cryptotraider16]

Ripple huge scam! Its it!

[Shiroslullaby]

I liked some of the things that I read about Ripple, but every time I look at the available number of coins, it causes me concern.
Right now there are over 36 BILLION coins in circulation.
I just don't like that distribution model, personally. Its a minor thing since most Bitcoin transactions are measured in Satoshis these days. 
But I prefer smaller numbers of overall coins minted.

[bbc.reporter]

Was there a press release before they sold their bags in the market? How did they release the 333 million XRP? Did they sell it in Poloniex or some other exchange? Did they sell it over the counter to a whole sale buyer? Those details should be known by the community.

Maybe they did it to raise their market cap because Monero is gaining on them. What are they going to do next release more in the market to raise it to a billion? Because that is where Monero is going.

[crossabdd]

RIPLE = RIP le 
we know  at this moment bitcoin price rising and other coin get down price also marketcap too. then ripple do it to force rising his market cap, nice trick to increase investor trust 

[legdunes]

Never liked Ripple as a coin at all, another reason to avoid it.

[J1mb0]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

They don't. It's just a ponzi scam to cash in on rising BTC price.

[Zeta0S]

Can Ripple labs just create Extra Ripples whit push on a button?

[pimpjuice]

oddly enough though as a whole thats what the crypto community itself is continually doing  

Exactly, the crypto community, but Ripple's main audience at the moment would prefer Ripple's distribution method over Bitcoins mining operations that is currently controlled by China.

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

There is a crypto community, small but very intelligent group of people.  Most are from different background than the typical crypto enthusiast and seem to be in a higher age bracket. Ripple's current audience at the moment seems to be more centered around the financial industry and market makers involved in producing cross boarder transactions.

I liked some of the things that I read about Ripple, but every time I look at the available number of coins, it causes me concern.
Right now there are over 36 BILLION coins in circulation.
I just don't like that distribution model, personally. Its a minor thing since most Bitcoin transactions are measured in Satoshis these days.  
But I prefer smaller numbers of overall coins minted.

I agree that the total supply is intimidating but as you pointed out it really doesn't matter when it comes to utilization, only speculation.

Was there a press release before they sold their bags in the market? How did they release the 333 million XRP? Did they sell it in Poloniex or some other exchange? Did they sell it over the counter to a whole sale buyer? Those details should be known by the community.

Maybe they did it to raise their market cap because Monero is gaining on them. What are they going to do next release more in the market to raise it to a billion? Because that is where Monero is going.

I also believe it is bull crap that they just randomly distribute coins.  I believe it is a big reason why investors are afraid to trade it. They do not sell on Poloniex, I have personally asked but I assume it is on a Ripple Gateway. I agree we should know, there some be a scheduled, set amount form of distribution. Also, Ripple doesn't care if Monero takes over their coin market cap, only us

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

They don't. It's just a ponzi scam to cash in on rising BTC price.

Ripple is definitely not a ponzi.  They have 10s of millions of dollars in funding to the point that they don't even need to rely on xrp.  They only pay employees in xrp that want to be paid in it. From a speculative crypto investor point of view it may seem like a ponzi since it is isn't mined but it is the best as a utility for cross boarder payments serving as a no counterparty risk asset that is faster than and as reliable as any other crypto out there. If there were more volume I would use it as a vehicle to transfer my btc from account to account. I could go btc to xrp to xrp to btc in seconds compared to an hour going btc to btc.

Can Ripple labs just create Extra Ripples whit push on a button?

No there is a limited supply with no inflation.  Actually, transfers fees are destroyed so the total supply actually decreases.




-----------



HOW ABOUT BITCOIN!!!!!!! To the moon!

[Spoetnik]

Ripple is scammy ass bullshit.
I have said so 100's of times in great detail for years.
You people are not listening. (well some of you anyway)

Do i need to remind you that they were fined by Fincen ?
And they are what caused the IPO / ICO craze ?

They are scam pioneers LOL

Such as the largest giveaway topic i ever seen with 400+ pages where they suckered everyone into signing up at their site creating accounts only to disappear handing out 0 giveaway coins.

You can't jiggle your dick holster around saying shit about how it is.
Because the only that matters is how it "was"
..how it was launched (nothing is more important)

The list goes on and on.. they have a large collection of so called "Employees"
where they printed money for them and handed them and all their friends fancy corporate titles.

CEO of Githubbery ?
Sure.. pay the man LOL

Oh and since EVERYONE hates Ripple how in the flying fuck did it get such a high market cap ?
Manipulation.. Ethereum style.

How do i know ?
I seen them do it with Cryptsy's add a coin voting system.
You had to pay for votes and it was always at the top ..waiting to be potentially added.
But Cryptsy did not want to and it sat there at the top of the voting list for about a year and a half.
How ?
They were pouring funds into the voting system that's how !

I could go on and on for ages about how fucking pathetic the scammy shitcoin Ripple is.
again
Trust me i know.. i was here and watched it launch.
And we all flamed it then as we do now.
NO ONE has ever liked the stupid scam coin.
It simply attracts the sleaziest of all bag holders hoping to scrounge up profit from it.

PS:
Heard Big Banks are using Ripple ?
I have about 30 times hahahha  

[thefunkybits]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

[Spoetnik]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

i see this..

https://www.reddit.com/r/litecoin/comments/5kyo7j/ripple_releases_333_million_more_tokens_and/

Ripple releases 333 million more Tokens and regains market cap positionDude ripple? self.litecoin

submitted 4 days ago by shyliarLitecoin Miner

Last week:

https://coinmarketcap.com/historical/20161225/

Today:

http://coinmarketcap.com/

I screen-capped it for you all so look at the total supply numbers

[God27]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

You can compare numbers usually on a weekly basis on ripple's xrp portal. The amount of xrp held by others went up that much since the last update.
https://ripple.com/xrp-portal/

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

[Josepino]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

You can compare numbers usually on a weekly basis on ripple's xrp portal. The amount of xrp held by others went up that much since the last update.
https://ripple.com/xrp-portal/

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

That is absolutely good comment. I do it like you. I believe in XRP more than the other altcoins.
Once you find out the potential power of XRP , you will feel regretful about it.

[thefunkybits]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

i see this..

https://www.reddit.com/r/litecoin/comments/5kyo7j/ripple_releases_333_million_more_tokens_and/

Ripple releases 333 million more Tokens and regains market cap positionDude ripple? self.litecoin

submitted 4 days ago by shyliarLitecoin Miner

Last week:

https://coinmarketcap.com/historical/20161225/

Today:

http://coinmarketcap.com/

I screen-capped it for you all so look at the total supply numbers

[IMG]

[IMG]

Interesting....I wonder where those coins went lol

[pimpjuice]

Spoetnik, their fine, I believe, had
To do with a Roger Ver purchase you bitcoin fan you

[Spoetnik]

Spoetnik, their fine, I believe, had
To do with a Roger Ver purchase you bitcoin fan you

I should hope Roger has better things to do with his money than invest in scam coins for profit.

And are you telling me that the Ripple guys privately sold 333 million coins to a well known older user in crypto that would have been great advertising headlines to hype up the coin.. yet they silently did this with no fan fare ?
..clearly a pump opportunity wasted.

Yup.. i do in fact call BULLSHIT.

They silently tacked on 333 million and i have a hunch why.
Look at the CoinmarketCap rankings
They leaped over LTC in those two pictures compared.
Coincidence ? i think not.

Roger Ver ? I dunno.. want me to go ask him ?
I know someone who knows the guy well enough to get a hold of him.
Should i get Roger over here on this topic to have a chat with you ? Or do you want to back track ? LOL

[pimpjuice]

Spoetnik, their fine, I believe, had
To do with a Roger Ver purchase you bitcoin fan you

I should hope Roger has better things to do with his money than invest in scam coins for profit.

And are you telling me that the Ripple guys privately sold 333 million coins to a well known older user in crypto that would have been great advertising headlines to hype up the coin.. yet they silently did this with no fan fare ?
..clearly a pump opportunity wasted.

Yup.. i do in fact call BULLSHIT.

They silently tacked on 333 million and i have a hunch why.
Look at the CoinmarketCap rankings
They leaped over LTC in those two pictures compared.
Coincidence ? i think not.

Roger Ver ? I dunno.. want me to go ask him ?
I know someone who knows the guy well enough to get a hold of him.
Should i get Roger over here on this topic to have a chat with you ? Or do you want to back track ? LOL

I'm no bullshitter lol Roger Ver paid 250k for xrp. http://www.coindesk.com/fincen-fines-ripple-labs-700000-bank-secrecy-act/

I call bullshitter though. Being a huge btc fan I would love to talk to Roger. Can you arrange?

[Spoetnik]

Spoetnik, their fine, I believe, had
To do with a Roger Ver purchase you bitcoin fan you

I should hope Roger has better things to do with his money than invest in scam coins for profit.

And are you telling me that the Ripple guys privately sold 333 million coins to a well known older user in crypto that would have been great advertising headlines to hype up the coin.. yet they silently did this with no fan fare ?
..clearly a pump opportunity wasted.

Yup.. i do in fact call BULLSHIT.

They silently tacked on 333 million and i have a hunch why.
Look at the CoinmarketCap rankings
They leaped over LTC in those two pictures compared.
Coincidence ? i think not.

Roger Ver ? I dunno.. want me to go ask him ?
I know someone who knows the guy well enough to get a hold of him.
Should i get Roger over here on this topic to have a chat with you ? Or do you want to back track ? LOL

I'm no bullshitter lol Roger Ver paid 250k for xrp. http://www.coindesk.com/fincen-fines-ripple-labs-700000-bank-secrecy-act/

I call bullshitter though. Being a huge btc fan I would love to talk to Roger. Can you arrange?

YOUR LINK..

FinCEN Fines Ripple Labs for Bank Secrecy Act Violations
Stan Higgins (@mpmcsweeney) | Published on May 5, 2015 at 22:45 GMT

http://www.coindesk.com/fincen-fines-ripple-labs-700000-bank-secrecy-act/

I STILL call bullshit.  

..don't play dumb.

PS:
I'd buy Monero or even Ethereum or worse LEO Coin before i spent 1 cent of my hard earned money on the FINCEN fined scam troupe called Ripple.

[pimpjuice]

That is great but I would never think of taking any investment advice from you  

Waiting.... for you to ask Roger?

[Spoetnik]

That is great but I would never think of taking any investment advice from you  

Waiting.... for you to ask Roger?

I caught you lying.. see the bold part in 90 font.

Don't be a fucking retard..
You made claims and i laughed at them and proved you wrong with pictures.

Look at the dates closely smart ass bullshit spewing Ripple shill.
It is in fact 100% impossible it was him that bought them.. the timing does not match.
Nor does that prove us wrong when we said what the fucking topic title says.

You are all over the place creating little diversionary games in an attempt to defend this scam.

There was no warning.. they unleashed 333 million coins on the market (created out of thin air)
REGARDLESS OF WHO THE FUCK BOUGHT THEM.........
And why seems rather god damn obvious now don't it.. market cap rankings  
..oh yeah and dumping for BTC profits $$$$$$$$$$$$$$$$$$$$$$$$$$

buy moar cheap coinz dumb fucks nom nom nom  

[Febo]

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

I dont understand you. Right now Ripple is at $0.006. You are 100% invested in it and you hope that price decrease 3 times? Can you enlighten me why?  Or Where i miss read your post



I saw many in this thread asking for Ripple issuing schedule apparently it is that they plan to issue 13 millions ripple in next 4 years.

[pimpjuice]

That is great but I would never think of taking any investment advice from you  

Waiting.... for you to ask Roger?

I caught you lying.. see the bold part in 90 font.

Don't be a fucking retard..
You made claims and i laughed at them and proved you wrong with pictures.

Look at the dates closely smart ass bullshit spewing Ripple shill.
It is in fact 100% impossible it was him that bought them.. the timing does not match.
Nor does that prove us wrong when we said what the fucking topic title says.

You are all over the place creating little diversionary games in an attempt to defend this scam.

There was no warning.. they unleashed 333 million coins on the market (created out of thin air)
REGARDLESS OF WHO THE FUCK BOUGHT THEM.........
And why seems rather god damn obvious now don't it.. market cap rankings  
..oh yeah and dumping for BTC profits $$$$$$$$$$$$$$$$$$$$$$$$$$

buy moar cheap coinz dumb fucks nom nom nom  

Love you too. How the fuck does the date have to do with me being a retard? Maybe you say so much nonsense I am missing it. I wish we were face to face when we had these conversations. The insults bother me but since I am not a talker I leave it at that.

I was and never talk shit until you turn it into that.  You are the ultimate troll, congrats. You deserve your ass kicked if you act this way in real life.

[Spoetnik]

"Ultimate" stupidity..

Read the topic title.
Then read the replies.. done.

Any questions smart ass ?

[kiklo]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

He is comparing the coinmarket historial #s with current #s.
https://coinmarketcap.com/historical/20161225/                      
Ripple    XRP    $229,739,227    $0.006381    36,003,596,482

http://coinmarketcap.com/
Ripple    XRP   $237,675,730    $0.006541    36,337,298,649


Here is the kicker, ripple was a 100 billion XRP Premine.
So why is the rest of the 100 billion not listed?  

https://en.wikipedia.org/wiki/Ripple_(payment_protocol)
There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules

 

FYI:  Ripple Labs, scammers behind ripple.
http://www.bloomberg.com/research/stocks/private/people.asp?privcapId=235707311

   
January 04, 2017 1:18 AM ET
IT Services
Company Overview of Ripple Labs Inc.
Snapshot
People
 
Overview
Board Members
Committees
Key Executives for Ripple Labs Inc.
Name                            Board Relationships   Title                                       Age
Christian A. Larsen     No Relationships   Co-Founder and Chief Executive Officer                 55
Brad Garlinghouse     33 Relationships    President and Chief Operating Officer                    45
Bret Allenbach             No Relationships   Chief Financial Officer   --
Stefan Thomas             No Relationships   Chief Technology Officer   --

Ripple Labs Inc. Board Members*
Name                         Board Relationships   Primary Company                                 Age
Susan C. Athey            16 Relationships           Expedia, Inc.                                  45
Gene B. Sperling J.D.   2 Relationships           Pacific Investment Management Company LLC   --
Feng Li                    2 Relationships          Shanghai Ziyou Investment Management Co., Ltd.   --

[Spoetnik]

@kiklo
Thanks kiklo.
I think he knew that though eh..
He is just trying to cover it up with games & bullshit.

And yeah the 2nd point you made is a doozy !
I could not recall the exact numbers from years ago.. but i knew it was flamed off the board here for a reason when it launched.

You know guys it blows me the fuck away how the sleaziest most stupid pathetic scam coin bullshit can be resurrected and paraded around as the "future of crypto" later when enough time passes.

Reminds me of Ethereum..
You all simply turn a blind eye to the horrible unfair crooked launch bullshit.
So you can pad your wallet with luscious sweet ROI's way later after the fact (when the FUD / Drama dies down)

Whether i am here laughing at you or not you will all sooner or later have to deal with the consequences.
Ripple fined by FINCEN ?
FBI arrests users trading coins on LocalBitcoins ?
The SEC issues a fraud alert about coins ?
The Canadian govt says you have to claim your profits ?

Yup.. and that is the tip of the ice berg.
Buckle up because shit will hit the fan sooner or later.

What ? You think the FBI etc are not crawling all over this place etc ?
You do realize theymos has said if he gets a warrant from the cops he will hand over yours ass's right ?

Carry on.. nothing to see here (just more FUD)  

[Febo]

Here is the kicker, ripple was a 100 billion XRP Premine.
So why is the rest of the 100 billion not listed?  

https://en.wikipedia.org/wiki/Ripple_(payment_protocol)
There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules

As I read on link form post in this thread most you write is right. They issued 100 millions XRP. And they slowly send it in circulation. till 2022 they plan to keep 50 million and 50 millions will be in circulations.  Now when they send 300k in circulation they did not print them but give from their stock. They still have like 63 millions right now.

I hope I wrote i the way to be understood.


Ripple problem is centralisation, that is one thing that makes Bitcoin so great. Because of this reason i never looked in Ripple before and till yesterday had no ideas how coins were issued and how are distributed.

[Elsada]

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

I dont understand you. Right now Ripple is at $0.006. You are 100% invested in it and you hope that price decrease 3 times? Can you enlighten me why?  Or Where i miss read your post



I saw many in this thread asking for Ripple issuing schedule apparently it is that they plan to issue 13 millions ripple in next 4 years.

I think he has a mistake about 0.02$ not 0.002$. I also invested on XRP currency. I hope the price will grow up later.
Many famous Banks have been using XRP for transaction. I had read this news on bloomberg or CCN .

[DimiZb]

Ripple is scammy ass bullshit.
I have said so 100's of times in great detail for years.
You people are not listening. (well some of you anyway)

Do i need to remind you that they were fined by Fincen ?
And they are what caused the IPO / ICO craze ?

They are scam pioneers LOL

Such as the largest giveaway topic i ever seen with 400+ pages where they suckered everyone into signing up at their site creating accounts only to disappear handing out 0 giveaway coins.

You can't jiggle your dick holster around saying shit about how it is.
Because the only that matters is how it "was"
..how it was launched (nothing is more important)

The list goes on and on.. they have a large collection of so called "Employees"
where they printed money for them and handed them and all their friends fancy corporate titles.

CEO of Githubbery ?
Sure.. pay the man LOL

Oh and since EVERYONE hates Ripple how in the flying fuck did it get such a high market cap ?
Manipulation.. Ethereum style.

How do i know ?
I seen them do it with Cryptsy's add a coin voting system.
You had to pay for votes and it was always at the top ..waiting to be potentially added.
But Cryptsy did not want to and it sat there at the top of the voting list for about a year and a half.
How ?
They were pouring funds into the voting system that's how !

I could go on and on for ages about how fucking pathetic the scammy shitcoin Ripple is.
again
Trust me i know.. i was here and watched it launch.
And we all flamed it then as we do now.
NO ONE has ever liked the stupid scam coin.
It simply attracts the sleaziest of all bag holders hoping to scrounge up profit from it.

PS:
Heard Big Banks are using Ripple ?
I have about 30 times hahahha  

RIPPLE stands for R.I.P. Actually I followed ripple from 2013, I had the same view with you, ripple is centralized shit and made by XXX company, which means it is centralized, all bitcoiners who chase freedom should not buy this coin. Avoid it

[Spoetnik]

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

I dont understand you. Right now Ripple is at $0.006. You are 100% invested in it and you hope that price decrease 3 times? Can you enlighten me why?  Or Where i miss read your post



I saw many in this thread asking for Ripple issuing schedule apparently it is that they plan to issue 13 millions ripple in next 4 years.

I think he has a mistake about 0.02$ not 0.002$. I also invested on XRP currency. I hope the price will grow up later.
Many famous Banks have been using XRP for transaction. I had read this news on bloomberg or CCN .

*PAID* advertisements are NOT "News".

And name 1 single "famous" bank name of the "many" Mr. Noob account shilling for..
Ripple - The Original Scam Coin™

[God27]

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

I dont understand you. Right now Ripple is at $0.006. You are 100% invested in it and you hope that price decrease 3 times? Can you enlighten me why?  Or Where i miss read your post



I saw many in this thread asking for Ripple issuing schedule apparently it is that they plan to issue 13 millions ripple in next 4 years.

I think he has a mistake about 0.02$ not 0.002$. I also invested on XRP currency. I hope the price will grow up later.
Many famous Banks have been using XRP for transaction. I had read this news on bloomberg or CCN .

No mistake, I never said I hoped it would go down to $0.002. But if it does that's ok. I was just admitting my crypto portfolio has recently went from diversified to now 100% xrp.

I may lose all my capital overnight, I may exchange some XRP tomorrow. We will see then.

Im only talking about a few million XRP here, not anything big like you guys have invested.

[nocryinginbtc]

I cant believe it was reported by some of the community web sites. I remember last time they did this they were removed from coinmarketcap.com for a long time

[Steinar]

But you had to know this would happen sooner or later with a centralized coin like xrp.

[Spoetnik]

Oh my distain for XRP is nothing new.. i am have been calling them scammy ass bullshit for years.
This news just proves what i was saying all along. 

Not sure how in the hell shills can twist this around to make it seem like a good thing ROFL

[shyliar]

Another 433 million more tokens released this week.


Today:

http://coinmarketcap.com/

Last Week:

https://coinmarketcap.com/historical/20170108/

[shyliar]

And I thought they were lining their pockets.

[Steinar]

And I thought they were lining their pockets.

Obviously they are. And whats worse is that its at our expense.

[Spoetnik]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

[Steinar]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

[God27]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

Eventually? It has been happening from the very beginning. I think it was around 200 million per month distributed average for the last few years.

It looks like ripple distributed an additional 433 million more XRP's the next week after this very post. The price has slightly went up with almost an additional billion coins the last few weeks.

https://www.xrpchat.com/topic/2755-~1b-xrp-distributed-in-28-days/

[Spoetnik]

If i had "invested" in Ripple i would have been mighty pissed off hearing this news.
Why the lack of a reaction from the community ?

ne1 who invested in xrp had to know this was coming eventually. No one was blind to the fact that the xrp corp could and will issue more coins whenever they decided to do so.

The Federal reserve called removing them from circulation "Quantitive-Easing"

The adding or removal of coins from the total supply is INTENDED to control the price.
And then we see from the pictures earlier.. why they did it.
They jumped over Litecoin on CoinMarketCap.

Understand and recognize scammy manipulation when you see it people.
Don't be low hanging crypto fruit  

[Blawpaw]

Yep Ardor is already being distributed. In fact this is one of the projects feature that I think will give it even more importance. I already got mine

[Spoetnik]

I cant believe it was reported by some of the community web sites. I remember last time they did this they were removed from coinmarketcap.com for a long time

Apparently it never happened.

Was that meant to be a defense of Ripple dumping 333 million XRP on the markets with no warning or explanation as quoted by the guy before you ?

If so.. you FAILED 

Ripple, the company, has never dumped XRP on the market. We definitely have had a problem with founders XRP getting sold in large amounts and we've worked extensively to get that locked up, even getting involved in several lawsuits.

It is absolutely fair to criticize how good or bad a job you think we've done in preventing XRP from getting dumped. But it is absolutely baseless and unfair to accuse us (other than Jed himself) of actual dumping.

We don't need XRP sales to fund the company. If XRP will never be worth more than it is now, then XRP doesn't matter, never did matter, and never will matter. If XRP will be worth more in the future than it is now, then why would a well-funded company with lots of XRP want to dump it?

There were actually two cases where there was attempted dumping that you could make a reasonable argument that we had some responsibility for. In both cases, we immediately took that XRP off the market and sought compensation from the parties.

[mmortal03]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

I'm especially reminded of this today, given the price rise.

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

I guess the big time speculators don't care.

[sonic212]

apparently if XRP plus higher supply again it will make XRP die in the market, and investors would leave him for long, as it was not really good for the future, I hope this is not really going for it.

[pereira4]

Buying in XRP is like buying crypto fiat. Who would do that in hopes of making money?

This thing is simply undergoing yet another pump and dump. We have seem many in the last week, this is another one which will be over soon.

[rampage101]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

[pereira4]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

[rampage101]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

Wow, yea over another 500 million in the last 30 minutes... anybody have an idea what's going on with Ripple?

[spartak_t]

Yes, digital currencies are being screwed and centralized. That is why I'm always laughing when I see " X is a decentralized cryptocurrency.....".

[Fredomago]

Looks like it gained another 500 million in market cap in a few hours?

How is it possible it was just worth 200 million a week ago, and now it is at 2 billion?

Ripple is already at 6750 satoshi, +%224... I looked at the % just 15 minutes ago and it as around %120. The crash on this one will be brutal. I don't see any reason why this is pumping, other than pump and dumping whales + people wanting to get rich quick.

Wow, yea over another 500 million in the last 30 minutes... anybody have an idea what's going on with Ripple?

i really don't know but the price from polo is really interesting its already jumping to high and with those traders who still playing around
I'm not sure if placing and entry already being a fomo i still watching and observing this project.

[spartak_t]

Aaaaaaaaand its gone. China is dumping it, Polo is down.

[ebliever]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

Ripple is like that weird kid in the corner that no one ever talks to, and no one can ever figure out. He really doesn't belong in the class with the rest of the kids but there's no where else to send him where he'd fit in any better, so they just leave him there with the rest of us cryptos. 

[Zeta0S]

Aaaaaaaaand its gone. China is dumping it, Polo is down.

Only Polo GUI is down. I am using the API, works fine!

[one-day0]

Aaaaaaaaand its gone. China is dumping it, Polo is down.

Only Polo GUI is down. I am using the API, works fine!

Website down. Oh...why? Cause of ripple?

[namini]

Can't wait till they announce Crypto Conditions / programmatic distribution, I'm tired of thread titles like this one.

[irukandji]

ripple is centralized

In what way is it centralized?

[connexus]

ripple is centralized

In what way is it centralized?

It is fully controlled by a particular company called Ripple Labs Inc.

[luka4x]

Why stellar only 1b coins and ripple 33b?

[andyatcrux]

Try 37,514,472,563 XRP. They released even more since this thread was made. http://coinmarketcap.com/currencies/ripple/

[altcoinrich]

No matter how much they release, ripple can still pump, which is awesome project, no.3 in crypto land.

[God27]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

You can compare numbers usually on a weekly basis on ripple's xrp portal. The amount of xrp held by others went up that much since the last update.
https://ripple.com/xrp-portal/

I'm currently 100% invested in xrp. I know that's hilarious now, but just wait and see how funny it will be when it goes back to $0.002!

Because the price of xrp will never increase right? Right? Right?

I diversified a lil into GNT since this comment on this thread at the beginning of the year but still hold most in XRP.
I can't lie, it feels pretty good.

 This story has hardly even started...

[bbc.reporter]

@God27. What is it with Ripple that you are so loyal to it? I do not mean that in a negative way, I am actually impressed that you have stuck to it in spite of all the criticism and the long periods of the falling price of XRP. Also we know the banks are taking a look at it but there was nothing so far except for a few press releases. Maybe you know something.

[aardvark15]

I don't know much about Ripple but should I buy it as an investment? It's still really cheap but has tripled in price in just a few days.

[mmortal03]

I don't know much about Ripple but should I buy it as an investment? It's still really cheap but has tripled in price in just a few days.

If you think it's cheap because of decimal places, you're doing it wrong.

[BTCwriter]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Ripple is a scam, Eth is a scam, altcoin community is just want to look for it identity or perhaps this is altcoins is all about, no identity. Just a scam hype from coin to coin. I guessed no one can really know or predicting cryptocurrency.

[muddafudda]

This latest enhancement may be related to the inclusion of new features that improve the network, such as: Ripple Consensus Ledger (RCL) and Protocol Interledger (ILP) that make transactions faster at the same level as Visa.
Not only the RIPPLE, other altcoins including the litecoin that obtained a high appreciation in recent days, has attracted attention from the entire market. While investors are torn as to what is driving traders' interest apart from a "race for potential gains", volatility is already one of the main reasons traders notice.

[bbc.reporter]

I don't know much about Ripple but should I buy it as an investment? It's still really cheap but has tripled in price in just a few days.

If you think it's cheap because of decimal places, you're doing it wrong.

Yes. A cheap cryptocoin is not determined by how much it is now but by how much really its future potential value will be. So cheap would really depend on various elements of that coin. If you buy something because of the low price and then it goes lower 10 years later, then the price of it was really high and that it was overvalued by the market.

[iamnotback]

I've analyzed Ripple:

https://bitcointalk.org/index.php?topic=1663070.msg18447196#msg18447196

[iamTom123]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

Ripple is like that weird kid in the corner that no one ever talks to, and no one can ever figure out. He really doesn't belong in the class with the rest of the kids but there's no where else to send him where he'd fit in any better, so they just leave him there with the rest of us cryptos. 

I find your comment a little bit amusing lol. Yeah, I think Ripple should be viewed this way with a little bit of caution and a little bit of some trust. Anyway, since the value of Ripple is appreciating despite of all the negative reviews and not-so-nice reception on this forum, there must be really something in Ripple that is worth looking into...well aside from the fact that I like its name hehehe...if I got some funds I might be "investing" in some Ripple and see if I can be able to make some profits in there. Long live Ripple!

[dihari]

I guess the greedy people behind this coin think they can make more money with the release and selling more coins. It's hard to believe that this coin having good volume. That's I've never choose a decentralized coin.

[ulhaq]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

Ripple is like that weird kid in the corner that no one ever talks to, and no one can ever figure out. He really doesn't belong in the class with the rest of the kids but there's no where else to send him where he'd fit in any better, so they just leave him there with the rest of us cryptos. 

\Anyway, since the value of Ripple is appreciating despite of all the negative reviews and not-so-nice reception on this forum, there must be really something in Ripple that is worth looking into...

Now that the value of Ripple is plummeting and the reviews are all still negative, does it mean there is nothing worth looking into in Ripple?

[iamnotback]

I've analyzed Ripple:

https://bitcointalk.org/index.php?topic=1663070.msg18447196#msg18447196

More followup:

Well to be fair it seems this is more a criticism of banking in general, not Ripple. I'm not aware of Ripple claiming they'd reform banking practices. From my understanding they're simply designing a system that can allow banks to operate more efficiently.

How is not paying an interest on deposits and not having any central bank or self-reported regulation on reserves represent what banking ever was or is?

If banks will only use Ripple as a clearing mechanism between themselves then what great value does Ripple have?

Frankly I don't understand what the widespread use case is?

Banks have the problem of trusting solvency. I don't see how trusted gateways resolve anything. All Ripple does is record that a promise was made. It doesn't do anything to insure those promises are valid or even fungible. Banks can't trust the USD.banknamehere tokens of each of 100 other banks. That is why they use a central bank backed currency.

I don't see how Ripple improves on the current situation at all.

Ripple reminds me of dot.com bubble with all the build it and they will come nonsense.

Ripple has a coordination problem which even the Fed can't solve. This is why Bitcoin rules and Ripple is dogshit.

Well, that was my point earlier. I don't see banks becoming non-existent "soon". Are you talking 5, 10 or 20 years when you say that?

I expect that in 5 - 10 years from now the world financial and monetary system will be quite different.

[Josepino]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

[mmortal03]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Please see the following:

I don't know much about Ripple but should I buy it as an investment? It's still really cheap but has tripled in price in just a few days.

If you think it's cheap because of decimal places, you're doing it wrong.

Yes. A cheap cryptocoin is not determined by how much it is now but by how much really its future potential value will be. So cheap would really depend on various elements of that coin. If you buy something because of the low price and then it goes lower 10 years later, then the price of it was really high and that it was overvalued by the market.

[legendbtc]

I guess the greedy people behind this coin think they can make more money with the release and selling more coins. It's hard to believe that this coin having good volume. That's I've never choose a decentralized coin.

How can you say that they are greedy people, who are trading in the exchanges are the people need money as profit because they are believing XRP coin, that's why many people are actively trading Ripples in Poloniex. The only thing we have to bother whether the price of ripple will increase or not in coming we have to wait and see.

[LeGaulois]

From 2 april to 4 april we could see a nice incrase of the ripple rate but it didn't last long. so far it's back to it was before. Just a buzz after some news published here and there on  the web i think. What is your opinion guys for the next days

[raven7886]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple is the perfect coin for long term investment if you can wait. Maybe there are better investments for the future if you can find them but Ripple is a sure bet.
I don’t like the “coin” itself but the ripple blockchain and the financial instutions using it proves that Ripple can only go higher. The coin itself is useless but the idea is so valuable to banks that the coin is somehow goes up as well.

[VC George]

I want my fair share 
4.28x7bln people right?
How much do 4 ripples cost?

[maku]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple will never reach dollar parity if they continue to randomly increase coin cap. If they did it before what will stop them from doing it in the future?

How much do 4 ripples cost?

1 Ripple = $0.035890 Price is so insignificant that you can easily buy thousand of Ripples if you like.
But what is the point? It is not good capital investment? Fiat money has the same properties.

[namini]

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

[VC George]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple will never reach dollar parity if they continue to randomly increase coin cap. If they did it before what will stop them from doing it in the future?

How much do 4 ripples cost?

1 Ripple = $0.035890 Price is so insignificant that you can easily buy thousand of Ripples if you like.
But what is the point? It is not good capital investment? Fiat money has the same properties.

Was just making fun of it
Bitcoin is the only asset I hold for the last 2 years

[Josepino]

I want my fair share 
4.28x7bln people right?
How much do 4 ripples cost?

that is very specific calculation for XRP if this coin is used as digital currency in near future?
I like your way of simple calculation but it's real and possible to happen in this world.

[Zeta0S]

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple is the perfect coin for long term investment if you can wait. Maybe there are better investments for the future if you can find them but Ripple is a sure bet.
I don’t like the “coin” itself but the ripple blockchain and the financial instutions using it proves that Ripple can only go higher. The coin itself is useless but the idea is so valuable to banks that the coin is somehow goes up as well.

"Ripple coin is useless", and "Ripple is the perfect coin for long term"

I do not understand?

[aoluain]

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

[Spoetnik]

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

"My understanding" is that the bank down the road that was robbed was ripped off because they plan on giving 20% to charity.
A charity i may be a part of too.
Hence my need to post this..

[mmortal03]

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

That number is arbitrary, given that they can be subdivided.

[robelneo]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

I hope they will to many supply and they will just release as they want,of course they have a good roadmap but being a decentralized is such a big letdown to this coin,the team and the company are the whales here,since they control their supply and their premine but you cannot argue with success.

[sotoshihero]

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

Then this is a good signal then. By releasing 333 million on the market, means that they cannot control it it. It will be  community driven crypto currency which is beneficial to owners. But surely releasing this coin disrupts the coin value.

[Spoetnik]

Yup, pulling my pants down and showing the neighbors my white ass as i squat in my front yard taking a nice big stinky rotten shit is "good"

..because it fertilizes the grass.

[aoluain]

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

That number is arbitrary, given that they can be subdivided.

I didnt know they could be subdivided and I cannot find anything online
which states this.

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

I hope they will to many supply and they will just release as they want,of course they have a good roadmap but being a decentralized is such a big letdown to this coin,the team and the company are the whales here,since they control their supply and their premine but you cannot argue with success.

I think in every crypto there are whales creating waves for the minnows to deal with

[namini]

I didnt know they could be subdivided and I cannot find anything online which states this.

Btw, he is talking about the fees (transaction cost) not the number of coins:

"The current minimum transaction cost required by the network for a standard transaction is 0.00001 XRP (10 drops). It sometimes increases due to higher than usual load."

[smallwhale]

Those who think Ripple is planning to keep those billions of coins in wraps until kingdom come is delusional.
Obviously those coins are used to control prices. There is no way in hell they are going to let the coin which they peddle as transactional currency to fluctuate wildly doubling in prices then came tumbling down again. It would be too disruptive. From what I see, it will slowly drop to a comfortable price range and stay flat line for a long time. Maybe a slow controlled increase to balance out inflation. Somewhere around 6-7% annually. It is a valuable coin and a very secured one. It is like putting your savings into a bank but with slightly better returns.

[OrangeP]

I tend to watch prices of Ripple very closely. You can determine the size of a bubble by the amount of money put into hardcore bullshit projects.

When ripple grows I sell coins.

[God27]

@God27. What is it with Ripple that you are so loyal to it? I do not mean that in a negative way, I am actually impressed that you have stuck to it in spite of all the criticism and the long periods of the falling price of XRP. Also we know the banks are taking a look at it but there was nothing so far except for a few press releases. Maybe you know something.

I guess you can say I came into bitcoin late (2013) so I saw ripple with a fresh set of eyes. I was ok with it being centralized with the "plan" of decentralization.

But we still have a long and rough road ahead.

Cheers

[eternalgloom]

I guess the greedy people behind this coin think they can make more money with the release and selling more coins. It's hard to believe that this coin having good volume. That's I've never choose a decentralized coin.

There's a little flaw in your assessment, how would they be making more money by releasing and selling more coins? Prices would be going down...
And you'd never choose a decentralized coin? Uhm, you're on the Bitcoin forum...

Did you mean centralized?

[aoluain]

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

Then this is a good signal then. By releasing 333 million on the market, means that they cannot control it it. It will be  community driven crypto currency which is beneficial to owners. But surely releasing this coin disrupts the coin value.

Well it seems to be on a little wave for itself, again
that 333,000,000 has not stopped the current price rise on poloniex
We are looking at $0.10+ for a while now.

[Spoetnik]

It should scare you all that they can and DO dilute the market.
..with no warning or post explanation.

The only reason this topic even exists is because someone happen to notice them do it AFTER THE FACT.

And as usual the centralized figure heads in control of coins like this and Ethereum etc
have had nothing to say here on the forum..
They simply ignore this place.. and accountability.

You guys are missing the point here.. it's not about your speculation and earnings.

[God27]

Yea ripple distributed another 70,763,393 XRP between April 16th and April 30th.
XRP has about doubled since.

[Aureliusy]

Ripple.......Tripple....and in the end hyperinflated Cripple

[Zeta0S]

How much Ripple will there be?

[jubalix]

no big deal, they have not created more xrp. Its always been there. A more interesting question is how do you get on the UNL list?

[mining1]

How much Ripple will there be?

99 billion. Currently there are 37billion XRP released on the market. The 60billion is held by Ripple. Theoretical market cap with the 60 billion locked unreleased tokens is over 10 billion. XRP wouldn't be able to hold that market cap because the supply / demand ( aka speculation ) today stabilised at 3.7 billion. Which means, if they were to be released, they would dilute everyone's money.

[Arvydas77]

Release is associated with the use of Ripple tokens and it is very good moment to throw some XRP on markets.

[christie]

Ripple is scammy ass bullshit.
I have said so 100's of times in great detail for years.
You people are not listening. (well some of you anyway)

Do i need to remind you that they were fined by Fincen ?
And they are what caused the IPO / ICO craze ?

They are scam pioneers LOL

Such as the largest giveaway topic i ever seen with 400+ pages where they suckered everyone into signing up at their site creating accounts only to disappear handing out 0 giveaway coins.

You can't jiggle your dick holster around saying shit about how it is.
Because the only that matters is how it "was"
..how it was launched (nothing is more important)

The list goes on and on.. they have a large collection of so called "Employees"
where they printed money for them and handed them and all their friends fancy corporate titles.

CEO of Githubbery ?
Sure.. pay the man LOL

Oh and since EVERYONE hates Ripple how in the flying fuck did it get such a high market cap ?
Manipulation.. Ethereum style.

How do i know ?
I seen them do it with Cryptsy's add a coin voting system.
You had to pay for votes and it was always at the top ..waiting to be potentially added.
But Cryptsy did not want to and it sat there at the top of the voting list for about a year and a half.
How ?
They were pouring funds into the voting system that's how !

I could go on and on for ages about how fucking pathetic the scammy shitcoin Ripple is.
again
Trust me i know.. i was here and watched it launch.
And we all flamed it then as we do now.
NO ONE has ever liked the stupid scam coin.
It simply attracts the sleaziest of all bag holders hoping to scrounge up profit from it.

PS:
Heard Big Banks are using Ripple ?
I have about 30 times hahahha  

I heard about something about ripple before, but not so detailed as mentioned in your post. thanks for sharing

[sva_h4cky0]

geez... 

someone need to fix that stupid coinmarketcap



it's effing annoying to see rnipple on #3 

[Xalib]

Ripple is scammy ass bullshit.
I have said so 100's of times in great detail for years.
You people are not listening. (well some of you anyway)

Do i need to remind you that they were fined by Fincen ?
And they are what caused the IPO / ICO craze ?

They are scam pioneers LOL

Such as the largest giveaway topic i ever seen with 400+ pages where they suckered everyone into signing up at their site creating accounts only to disappear handing out 0 giveaway coins.

You can't jiggle your dick holster around saying shit about how it is.
Because the only that matters is how it "was"
..how it was launched (nothing is more important)

The list goes on and on.. they have a large collection of so called "Employees"
where they printed money for them and handed them and all their friends fancy corporate titles.

CEO of Githubbery ?
Sure.. pay the man LOL

Oh and since EVERYONE hates Ripple how in the flying fuck did it get such a high market cap ?
Manipulation.. Ethereum style.

How do i know ?
I seen them do it with Cryptsy's add a coin voting system.
You had to pay for votes and it was always at the top ..waiting to be potentially added.
But Cryptsy did not want to and it sat there at the top of the voting list for about a year and a half.
How ?
They were pouring funds into the voting system that's how !

I could go on and on for ages about how fucking pathetic the scammy shitcoin Ripple is.
again
Trust me i know.. i was here and watched it launch.
And we all flamed it then as we do now.
NO ONE has ever liked the stupid scam coin.
It simply attracts the sleaziest of all bag holders hoping to scrounge up profit from it.

PS:
Heard Big Banks are using Ripple ?
I have about 30 times hahahha  

I have never trusted Ripple either. The development of crypto away from PoW and its way of distributing its tokens was a huge step off known soil and broke with the ideal of trustlessness.

But at the end the market share decides, and many of the points you are mentioning were good marketing moves. They got known persons as "advisers" who the outer world trusts more than anonymous groups of internet people. Of course the financial industry first talks to projects they have bridges to for possible adaption of technology.
I see your points and sympathize. But the market does not really care for ideologies. And as a market is just a subclass of evolution you can't beat it in ultimate consequence.

Your reputation shows you are a happy antagonist with an antisocial circuit, no offense intended. But you could make a better leverage for your invested time & energy by modifying your sympathy to reality base class level.

[Croin]

I do see a big bubble like in 2014 everthing will go up and than .... DOWN!

[Spoetnik]

Those people were not known advisers.
They were nobody.
A collection of the dev & friends paid large amounts with made up corporate titles.
Back when it launched we all looked at the web page and the list with pictures.
This was YEARS before you guys showed up ...trying to rewrite scammy history.

And no liars diluting the market does not mean the coins are worth more.
Try learning simple math before posting retarded lies.

[Rahar02]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Many people said that ripple is a scam coin, they are freely to manipulate its market cap, release million coins into circulation.
But traders doesn't care about centralized details when the price constantly increasing over time as we can see last few months that ripple price grow up and it is simply your choice to buy it or not.

[Josepino]

some people say that XRP is a scam coin? Why have many big banks and financial organizations been using this xrp platform ?
XRP coin was born 2014 and through 3 years . it always continues to rise up stably every year and until XRP can hit 1.0$ so many investors will become millionaire  next year.

[Xalib]

Those people were not known advisers.
They were nobody.
A collection of the dev & friends paid large amounts with made up corporate titles.
Back when it launched we all looked at the web page and the list with pictures.
This was YEARS before you guys showed up ...trying to rewrite scammy history.

And no liars diluting the market does not mean the coins are worth more.
Try learning simple math before posting retarded lies.

Again, I get your point, no need for aggressive reflexes. I did not put "advisers" in quotation marks for no reason.
But you can not deny those people they got the faces of are known, fe. a former German minister and well connected.
Also you can not deny those were great moves for their marketing as the market cap clearly states.

Don't shoot the messenger, your theory of predicting crypto has failed. Accept or loose grip of something which clearly means so much to you since you always point out you know it so well.
Your anger indicates your predictions are usually wrong.

[Xalib]

some people say that XRP is a scam coin? Why have many big banks and financial organizations been using this xrp platform ?
XRP coin was born 2014 and through 3 years . it always continues to rise up stably every year and until XRP can hit 1.0$ so many investors will become millionaire  next year.

Ripple does not embrace the "crypto ethics" as much as many people would wish.
Premine, devs hold half the coins, broken promises. They effectively re-centralized the decentralized concept.
There is the possibility of getting scammed by devs in these structures.
 

[dissident]

ripple is a sign there is big money entering crypto, because I don't know any little guys buying it.

[FastEddie1]

It's the biggest traded currency on poloniex now. 48k btc volume in 24 hours

[Spoetnik]

Those people were not known advisers.
They were nobody.
A collection of the dev & friends paid large amounts with made up corporate titles.
Back when it launched we all looked at the web page and the list with pictures.
This was YEARS before you guys showed up ...trying to rewrite scammy history.

And no liars diluting the market does not mean the coins are worth more.
Try learning simple math before posting retarded lies.

Again, I get your point, no need for aggressive reflexes. I did not put "advisers" in quotation marks for no reason.
But you can not deny those people they got the faces of are known, fe. a former German minister and well connected.
Also you can not deny those were great moves for their marketing as the market cap clearly states.

Don't shoot the messenger, your theory of predicting crypto has failed. Accept or loose grip of something which clearly means so much to you since you always point out you know it so well.
Your anger indicates your predictions are usually wrong.

How would you know "Newbie" ?
Let me guess you have been here reading this since 2013 and didn't register ?  
..yeah i heard that one here before from one of the many puppet / shill accounts.
One of many considering there is almost 1 MILLION accounts here.

My "anger" ?
What is this 2013 still ?
Can you tell by my angry font ?

And check my post history for an explanation on my so called "anger".
You will also see i am proven correct.. always.

Since i have been here all along with Ripple i have watched a crap load of bullshit with it.
It's scammy ass ICO style'd rigged load of bullshit that no one ever did like.
They pumped it up and lured in noobs and the scene just gets scammier as time goes buy so you all lap it up.... fer teh ROI'z.

If Bernie Madoff had a coin (and he might) you same shady sketchy little Investards would blow him dry for a piece of the action in a heart beat.. making little excuses for it all every step of the way.

Call me angry but i call you sleazy losers for supporting a shitcoin that pisses on the ideology.
You have no integrity or class.
I have never owned a bloody Ripple coin and never will.
Can you say the same scamtard's ?

Take your "Foundation" and your paid figure heads and roll them up and stuff them where the sun don't shine..


EDIT:

And by the way i was NOT impressed when i heard Gavin was getting 1 million a year salary from the BTC foundation either.

Ya know guys it didn't take long for crypto to turn into scammy greedy tard town.
I seen shit hit the fan back when BTC hit $50 for the first time..

[bitwho]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

i see this..

https://www.reddit.com/r/litecoin/comments/5kyo7j/ripple_releases_333_million_more_tokens_and/

Ripple releases 333 million more Tokens and regains market cap positionDude ripple? self.litecoin

submitted 4 days ago by shyliarLitecoin Miner

Last week:

https://coinmarketcap.com/historical/20161225/

Today:

http://coinmarketcap.com/

I screen-capped it for you all so look at the total supply numbers

i was watching their coinmarketcap increase in circulation supply.

so in 5 months they released 1.7* billion coins. hahaha

[God27]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

where are you getting this information from? any links?

i see this..

https://www.reddit.com/r/litecoin/comments/5kyo7j/ripple_releases_333_million_more_tokens_and/

Ripple releases 333 million more Tokens and regains market cap positionDude ripple? self.litecoin

submitted 4 days ago by shyliarLitecoin Miner

Last week:

https://coinmarketcap.com/historical/20161225/

Today:

http://coinmarketcap.com/

I screen-capped it for you all so look at the total supply numbers

i was watching their coinmarketcap increase in circulation supply.

so in 5 months they released 1.7* billion coins. hahaha

XRP has gone up around 1600% since then. hahaha

[wsmolive]

How and where to downland the ripple wallet??

[namini]

If you're new I strongly suggest Bitstamp or Gatehub.

You can read tutorials here and familiarise yourself with the different wallets:
https://www.xrpchat.com/forum/41-tutorials/

[qiwoman2]

I guess even with the release of so many new Ripples, it doesn't seem to affect the rise in price that is making it surge of late. I guess because Ripple is involved in banking and is going more mainstream, it's making it go up in value in any case.

[Pamadar]

I guess even with the release of so many new Ripples, it doesn't seem to affect the rise in price that is making it surge of late. I guess because Ripple is involved in banking and is going more mainstream, it's making it go up in value in any case.

its better to keep on holding and just let the rise continue ripple making a big price up and it's because of some adoption for sure
if this system continue the value will be rise more, i will wait until the price reach 10$ will save some ripple for another years
and see how big it will go.

[whiteblue]

bad news ,, but why ripple price increase to (33.41%) for today , is it manipulation from marketing ripple ?? or no .. i see comment about rippke in here ,, not good for invest ? but i think it's good for trading fast , don't hold a long my speculation

[SoMuchDerp]

Ripple's official site and forum clearly draws a distinction between the value of public XRP and the success of ILP and RCL. Yet the official forum is dead and they have employees pumping it here on Bitcointalk and in the unofficial forum.

The wealth of information out their should be a red flag for anyone with half a brain. Ripple was fined by FinCEN in 2015 and it is only a matter of time before they are come down upon HARD and the price of XRP shit token crashes again. They are duplicitous in allowing this speculation of an unusable IOU token to run rampant by participating in that speculation unofficially while officially taking the stance that XRP needs to be stable on not volatile.

People who just gobble this shit up about "banks!" "it must be legit!" are truly idiots. Yeah, a lot of you greedy fucks will make money by finding the next greater fool to dump on but in the end just know that you participated in the fleecing of someone to enrich these scammers.

[Josepino]

XRP will be the best coin in this year and next year. It is also predicted to be an digital payment currency in the near future and is recognized by banks and governmental organizations around the world and it will hit at least 1$ in next year.

[Zeta0S]

Ripple's official site and forum clearly draws a distinction between the value of public XRP and the success of ILP and RCL. Yet the official forum is dead and they have employees pumping it here on Bitcointalk and in the unofficial forum.

The wealth of information out their should be a red flag for anyone with half a brain. Ripple was fined by FinCEN in 2015 and it is only a matter of time before they are come down upon HARD and the price of XRP shit token crashes again. They are duplicitous in allowing this speculation of an unusable IOU token to run rampant by participating in that speculation unofficially while officially taking the stance that XRP needs to be stable on not volatile.

People who just gobble this shit up about "banks!" "it must be legit!" are truly idiots. Yeah, a lot of you greedy fucks will make money by finding the next greater fool to dump on but in the end just know that you participated in the fleecing of someone to enrich these scammers.

What`s your problem dude?

[addicto]

This can put some influence for short period of time which will pass in my opinion. Ripple is forming partnerships and not revealing all plans to make it much more worth. Ripple specially and cryptocurrencies generally are hot for investment so it will keep performing on long term.

[Spoetnik]

If they can put them out then can they take them away too ?
AKA: Federal Reserve style "Quantitative Easing"

Ripple incorporated is acting like a federal reserve company.
With an "open source" "currency" on shitcoin "exchanges"  

Did we do this to launch corporate company ICO / premined shitcoins for profits on Poloniex ?

Ripple = takes a fat stinky dump on the ideology of crypto.
Ripple needs to die with fire !

[mmortal03]

When will the 35 XRP reserve be lowered?

[ðºÞæ]

333 Million, LOL

[Spoetnik]

333 Million, LOL

This was when they were caught doing it.
Apparently they have been doing this all along so the number is FAR higher !

..always with no warning or public excuses.

[umbara ardian]

its bad. I personally would not invest there. I read an article, it's just to pay their employees, dumping for this coin, just focus on altcoin which is more guarantee.

[care2yak]

more reason not to invest in it. it's centralized, therefore those that control it can change whatever they want to their benefit 

[CryptoMensch]

Damn... this is going to affect the price...

[andyatcrux]

Since this thread was created they have "released" several billion more XRP.

I highly recommend people cut through the predictions and assertions of speculators because many of them are willfully ignorant or are ignoring reality because they are invested in XRP. Read up on news about Ripple's past and read the fine print of their own information about XRP and how it relates to their current project.

 And DEFINITELY read the terms and conditions if you are thinking of opening an account (their wallet) to place your XRP in. You'll be surprised once you take the time to do your own digging.

[Spoetnik]

That is the problem Andy.. monumental levels of bullshit on both sides (pro & con)
And no one will read the fine print.

As long as an exchange or two adds what ever the fuck coin.. it's deemed legit
and there for the hoards of idiots will rush in to Poloniex and spend Bitcoin buying XYZ coin fer teh ROI'z.

How many spend any time checking for a personal criteria ?
How many have any criteria ?

Scam ?

Of course they don't want to buy a coin considered a scam.
The idiots in crypto are worried it won't pay out..
Not because it's engineered to FUNCTION in a scammy way.

Coin that pays ROI's ? = Legit.
Those that lose them money ? = Scam.

That is the criteria of these drooling dipshit profiteers.
How they work or how they are launched or if they make a scam team incorporated a half billion in profit is 100% irrelevant.

Like i pointed out before no one would touch Ripple.
It got pumped.
Now it's popular 

The shit head loser profiteers in crypto are worse than any scammers making scam coins.

All they are doing is pandering to a crowd of worthless greedy pieces of shit with no integrity.
Fuck 'em.
Choke to death on your god damn ROI's scammy little profiteer Investard chucklefucks.

[heikemo]

Japanese stupid money is flowing into their personal favourites Ripple and NEM:
https://medium.com/@coin_and_peace/new-wave-of-japanese-investors-are-fueling-the-great-altcoin-bubble-a504383172ff

I checked out the coincheck.com trollbox and there are plenty of people there buying Ripple and NEM because they are still cheap PER COIN, completely disregarding cap and supply.

[mmortal03]

Since this thread was created they have "released" several billion more XRP.

I highly recommend people cut through the predictions and assertions of speculators because many of them are willfully ignorant or are ignoring reality because they are invested in XRP. Read up on news about Ripple's past and read the fine print of their own information about XRP and how it relates to their current project.

 And DEFINITELY read the terms and conditions if you are thinking of opening an account (their wallet) to place your XRP in. You'll be surprised once you take the time to do your own digging.

Yep, the following is a good video to watch: https://www.youtube.com/watch?v=mQKxSVLLfAk

[freeElectron]

On the 8'th of april 2015 there was 31,908,551,587 XRP.
Today there are 38,305,873,865.
Which is a 20% increase.

Take litecoin.

37,993,004 on 8'th of april 2015.
Today there are 51,112,832.
So you have 35% increase.

In practise.. Lite coin have had a much more severe inflation, but somehow thats more ok?
Just because they can prove they did the planet more shitty with electric waste?

[mmortal03]

On the 8'th of april 2015 there was 31,908,551,587 XRP.
Today there are 38,305,873,865.
Which is a 20% increase.

Take litecoin.

37,993,004 on 8'th of april 2015.
Today there are 51,112,832.
So you have 35% increase.

In practise.. Lite coin have had a much more severe inflation, but somehow thats more ok?
Just because they can prove they did the planet more shitty with electric waste?

There are good reasons for why allowing a centralized entity to release coins on whatever schedule they want is worse than allowing anyone to mine coins on a pre-determined, predictable, algorithmically limited basis.

[Calangaman]

On the 8'th of april 2015 there was 31,908,551,587 XRP.
Today there are 38,305,873,865.
Which is a 20% increase.

Take litecoin.

37,993,004 on 8'th of april 2015.
Today there are 51,112,832.
So you have 35% increase.

In practise.. Lite coin have had a much more severe inflation, but somehow thats more ok?
Just because they can prove they did the planet more shitty with electric waste?

Disagreed
Many investors got confused by Ripple being in talks with banks in Japan. The company would benefit from it but not the coin !
If you wanna play Japan, you should go for MONA coin which is the Japanese LTC

Or go for LTC which offers great value too.

[mamaya]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

[cabron]

This was last January 2017. Rules have changed already and ripple moons. Most of those that fud hasn't bought thousands of Ripple when its less than 10 cents. Now you have to spread all the fud you can do and dig old threads like this to drop the price but it rise more up to 14k satoshis.  

[Instamined]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

Exactly. These people jump from coin to coin with the hopes of reaping profit. They move like schools of fish and use the fact that there is money flowing into the market as a way to justify its existence and call it a success.

The thing is, they are all just starry eyed fools who make false equivalencies to Bitcoin's success. It's like that with most altcoins. Some whale has the $$$ to prop the price up and it isn't until the price is propped up that people begin to put their money in hoping for the same % growth to happen once again. It's a win-win for the whale while it's a giant lose for the bagholders who catch the peak of the wave with nobody left to sell to as it inevitably collapses.

The amount of stupid bullshit spouted from wannabe crypto talkshows who are merely speculators without any professional background or education or... anything... There's nothing wrong with being working class but there is an overabundance of wave chasers who will say anything to manipulate their viewers and believe anything that circulates a few forums if it somehow would lead to their envisioned riches.


-

[metaverse-project]

Weren't cryptocurrencies meant to avert this type of random inflation?

[freeElectron]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

And they should be rewarded for their work. Not like the mining coins where you make the electric companies rich for no good reason at all.

[freeElectron]

On the 8'th of april 2015 there was 31,908,551,587 XRP.
Today there are 38,305,873,865.
Which is a 20% increase.

Take litecoin.

37,993,004 on 8'th of april 2015.
Today there are 51,112,832.
So you have 35% increase.

In practise.. Lite coin have had a much more severe inflation, but somehow thats more ok?
Just because they can prove they did the planet more shitty with electric waste?

There are good reasons for why allowing a centralized entity to release coins on whatever schedule they want is worse than allowing anyone to mine coins on a pre-determined, predictable, algorithmically limited basis.

You talk about ideas. I talk about reality.

Reality is that ripple has less inflation than litecoin.

[mamaya]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

Exactly. These people jump from coin to coin with the hopes of reaping profit. They move like schools of fish and use the fact that there is money flowing into the market as a way to justify its existence and call it a success.

The thing is, they are all just starry eyed fools who make false equivalencies to Bitcoin's success. It's like that with most altcoins. Some whale has the $$$ to prop the price up and it isn't until the price is propped up that people begin to put their money in hoping for the same % growth to happen once again. It's a win-win for the whale while it's a giant lose for the bagholders who catch the peak of the wave with nobody left to sell to as it inevitably collapses.

The amount of stupid bullshit spouted from wannabe crypto talkshows who are merely speculators without any professional background or education or... anything... There's nothing wrong with being working class but there is an overabundance of wave chasers who will say anything to manipulate their viewers and believe anything that circulates a few forums if it somehow would lead to their envisioned riches.


-

The problem is a lot of people buy into all that hype and when the crash eventually happens its the average person who gets screwed not the whale. To me the biggest sign of a bubble is the fact that such worthless coins get pumped to high heaven, I don't think the crash is very far away.

And yes its in peoples nature to hype up coins they are invested in, but I think most of them wholeheartedly believe the nonsense they are peddling. I kind of feel sorry for them because at the end of the day the majority of them will be screwed.

[Calangaman]

https://medium.com/@coin_and_peace/new-wave-of-japanese-investors-are-fueling-the-great-altcoin-bubble-a504383172ff

[mmortal03]

This was last January 2017. Rules have changed already and ripple moons. Most of those that fud hasn't bought thousands of Ripple when its less than 10 cents. Now you have to spread all the fud you can do and dig old threads like this to drop the price but it rise more up to 14k satoshis.  

Shilling for XRP without contributing any knowledge as to why your investment isn't in a speculative bubble is a waste of our time.

[mmortal03]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

And they should be rewarded for their work. Not like the mining coins where you make the electric companies rich for no good reason at all.

Sounds like you don't understand the science behind proof of work. There are very good reasons for using electricity to mine bitcoins. For one, it turns registered value into unregistered value.

[mmortal03]

On the 8'th of april 2015 there was 31,908,551,587 XRP.
Today there are 38,305,873,865.
Which is a 20% increase.

Take litecoin.

37,993,004 on 8'th of april 2015.
Today there are 51,112,832.
So you have 35% increase.

In practise.. Lite coin have had a much more severe inflation, but somehow thats more ok?
Just because they can prove they did the planet more shitty with electric waste?

There are good reasons for why allowing a centralized entity to release coins on whatever schedule they want is worse than allowing anyone to mine coins on a pre-determined, predictable, algorithmically limited basis.

You talk about ideas. I talk about reality.

Reality is that ripple has less inflation than litecoin.

I'm not a big fan of Litecoin, but I do like Litecoin as a testnet for SegWit. That being said, you're completely missing the point about inflation in cryptocurrencies. Litecoin's emission schedule is predictable. Ripple's is not. One of the main reasons for having cryptocurrencies is to have something that avoids a government or centralized party's whims in terms of inflating their currency supply.

[AmarO]

So many things can go wrong with this XRP currency lol. Even the developer admits that it can easily flop in his posts haha worthless speculative crap. Invest in something with substance. XRP real value should be less than 1c.

[AmarO]

Hype doesn't last forever.. Now some recent quotes from Edward Schwartz of Ripple, 2 hours ago....

Question: "AFAIK, not a single pizza has been bought with XRP. This seems to be speculation that banks will adopt the ripple protocol as a replacement for swift settlements and XRP would serve as a reserve currency. Even if banks where to do this one day,  and Im sure they will do something similar eventually, why on earth would they use the Ripple as is, and buy in to your $24B blockchain, when they can just as well fork ripple code, adapt it to their needs,  create their own token and not be dependant on a small startup like ripple labs that controls 60% of that reserve currency?" - FACTS

Answers: "I'm sure banks probably will try that. And we'll have to compete with everyone else's efforts on the level playing field that we expect ILP to create. Consortiums of banks will likely claim market share in the jurisdictions in which they operate. So expecting XRP to capture, say, large USD->EUR flows early might be unreasonable. Banks will probably do that super-efficiently for the foreseeable future." - Banks Wreck XRP

"If it's backed, there's no way to benefit from its increase in value" - no way to be hurt by a decrease in value either, banks want stability they want a backed coin.

"I can't promise we'll be able to pull it off, but we're going to try. Right now, Ripple's XRP has a notional value of something like $14 billion. We have every incentive to try to increase and realize that value." - keep pumping out the media hype which will lead to coin pumps and then the zombie army(cult following who has made some short-term profit off XRP hype).



Future Projections: 1) Banks just use the Ripple network and or someone elses' to cut money transfer costs, no coin 2) Banks use their own backed coins on Ripple or someone elses' Network, 3) Something New

Most likely many companies will split market share in the industry using this new technology. XRP will fail, might as well buy a lottery ticket instead.

[cabron]

Why on earth would banks use the Ripple as is when they can make their own?
Well they already use it. The could really fork Ripple in less than a day and they could have their own chain yet not. Easypeasy Japanesee are buying right now. Join the pun.

[jjacob]

Why on earth would banks use the Ripple as is when they can make their own?
Well they already use it. The could really fork Ripple in less than a day and they could have their own chain yet not. Easypeasy Japanesee are buying right now. Join the pun.

Japanese may be fueling the rise, but the problem is the contagion effect. If XRP goes down, it is unlikely that it will be an isolated crash. It could take down a lot of alts (and maybe Bitcoin as well). Right now, everybody is having a party.

[iluvpie60]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

That is pretty much what i have read too. Who wants to use a coin that is only used for paying their own employees. Its like getting free workers and paying them with free money. I mean really once they made xrp they didnt habe to much beyond try to look good. Now that tra slates into btc somehow. Who knows.

[jjacob]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

That is pretty much what i have read too. Who wants to use a coin that is only used for paying their own employees. Its like getting free workers and paying them with free money. I mean really once they made xrp they didnt habe to much beyond try to look good. Now that tra slates into btc somehow. Who knows.

At one point, people used the description of "free money" or "funny money" to describe Bitcoin too. 
I too think that XRP is overpriced, but then the market works in strange ways.

[mmortal03]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

That is pretty much what i have read too. Who wants to use a coin that is only used for paying their own employees. Its like getting free workers and paying them with free money. I mean really once they made xrp they didnt habe to much beyond try to look good. Now that tra slates into btc somehow. Who knows.

At one point, people used the description of "free money" or "funny money" to describe Bitcoin too.  
I too think that XRP is overpriced, but then the market works in strange ways.

Right, but like what people have just said above, it seems that Ripple wants to have it both ways; to have the hype of a cryptocurrency, but without the supposed bad image that comes with the censorship resistant and regulatory arbitraging properties that actually underlie Bitcoin's success. They want to somehow appeal to the banks or even governments, but, like what has been said above, the banks or governments likely don't want to deal with such a company run system, they will likely want to build their own system, one without the baggage or costs of Ripple. Given this, is there really a practical, long term trajectory for success for Ripple, wherein they will actually provide a sustained efficiency to customers that cannot be better solved by other means? I don't think so.

[LetsRoll]

ripple is centralized it's bad, i would not invest there ever, i hear that it's only used to pay their employees, it has no real use, not even for speculation, all i see there on coinmarketcap is the dumping for this coin, just forget it focus on better altcoin

That is pretty much what i have read too. Who wants to use a coin that is only used for paying their own employees. Its like getting free workers and paying them with free money. I mean really once they made xrp they didnt habe to much beyond try to look good. Now that tra slates into btc somehow. Who knows.

At one point, people used the description of "free money" or "funny money" to describe Bitcoin too. 
I too think that XRP is overpriced, but then the market works in strange ways.

The price of XRP is doing well right now while most other altcoins and bitcoin are dropping. What's keeping the ripple price high?

[styca]

The price of XRP is doing well right now while most other altcoins and bitcoin are dropping. What's keeping the ripple price high?

Today it's South Koreans.

[styca]

The price of XRP is doing well right now while most other altcoins and bitcoin are dropping. What's keeping the ripple price high?

Today it's South Koreans.

Sorry, that was needlessly cryptic. I mean it's launched on South Korean exchanges.

[jameshowlett]

Oh nice. That is why I never ever put my fate in XRP. When Ripple wants to release more coin, they can easy do that without any permission from users. XRP is not a coin, it is a disaster, you will all lose your money in this coin

[Calangaman]

Oh nice. That is why I never ever put my fate in XRP. When Ripple wants to release more coin, they can easy do that without any permission from users. XRP is not a coin, it is a disaster, you will all lose your money in this coin

+1
I wish this could be conveyed in japanese or korean to our far east friends

[andyatcrux]

Why on earth would banks use the Ripple as is when they can make their own?
Well they already use it. The could really fork Ripple in less than a day and they could have their own chain yet not. Easypeasy Japanesee are buying right now. Join the pun.

Japanese may be fueling the rise, but the problem is the contagion effect. If XRP goes down, it is unlikely that it will be an isolated crash. It could take down a lot of alts (and maybe Bitcoin as well). Right now, everybody is having a party.

This. This is exactly the concern of a lot of people, including myself. I don't "FUD" on XRP to hurt people's investment or too get cheap coins. There is a very good chance that a calamity that wrecks new investors will deflate enthusiasm for cryptocurrency as a whole. This should be of great concern to everyone.

[God27]

you will all lose your money in this coin

Not all. Some People are in at $0.006

Nice try, but try again. This time dont generalize.

Remember, some people here aren't in this just to make money.

XRP can drop to $0.03 tomorrow, oh well.

It's funny seeing all these people hating on ripple for their own EPIC reasons. While others have sat quietly making 35x their money in the last 2 months.

All while ripple has distributed xrp openly going on 4 years now and people still say this is new.

So ripple selling/loaning hundreds of millions of XRP weekly at or around market price to institutions is a bad thing?
No, it's called demand.

At the same time, consumers all around the world are buying xrp at $0.25 thinking its cheap not knowing there is 99.9billion compared to max 21million btc.

It's not ripples fault these millenials would rather have a few thousand xrp that can be settled in seconds compared to 0.001 btc that has been stuck for last 48 hours.

[Spoetnik]

XRP only serves to make ripple rich, it has no real world use and its volatility shows just how much its ruled by speculation rather than any fundamentals. Ripple still have over 60 billion XRP to release at their convenience, I just don't understand why people are stupid enough to buy them.

And they should be rewarded for their work. Not like the mining coins where you make the electric companies rich for no good reason at all.

Miners provide a service.. securing the block-chain and making the transactions move etc.
In turn they are paid.

Miners that buy hardware to mine are showing their support by investing in hardware.

Waste of power ? Sure.. but there really isn't a better way yet.
Except Prime Coin or Grid Coin etc.
But you think Ripple's bullshit is an improvement ? I gotta laugh at your ass now  

And mmortal03.. good points especially about predictability vs random dumping by Ripple inc.

Why on earth would banks use the Ripple as is when they can make their own?
Well they already use it. The could really fork Ripple in less than a day and they could have their own chain yet not. Easypeasy Japanesee are buying right now. Join the pun.

Japanese may be fueling the rise, but the problem is the contagion effect. If XRP goes down, it is unlikely that it will be an isolated crash. It could take down a lot of alts (and maybe Bitcoin as well). Right now, everybody is having a party.

I asked before if they could delete coins.
Look at it ..they are playing Federal reserve.
If the price needs to be controlled they issue more..
But what if they need to increase the price ?
Uhhh ohhh we have a problem LOL
We have a handicapped psuedo-fed reserve who can only add and not subtract coins.  
And wasn't all of this about them creating a coin with a stable value anyway ?
Isn't that the big defense ?

What will happen when the want the price to increase ?
Look around
You are lookin' at it.. pumpidty pump LOL
Yeah professional shit right there hahahahhahahha


And banks don't need Ripple.
They already have their own systems.. and plenty of alternatives.
Why would they dump all the options they already use in favor of Ripple ?

[anahata]

you will all lose your money in this coin

At the same time, consumers all around the world are buying xrp at $0.25 thinking its cheap not knowing there is 99.9billion compared to max 21million btc.

This statement alone should be an eye-opener for the lot here who are praising ripple. The circulation supply is little over 38 billion, giving xrp market cap of 9 billion$. Taking 99.9 billion available supply into account, market cap will be just shy of 25 billion$. Bitcoin has 28 billion$ mc. Whoever is thinking that xrp will be worth 0.5-1$ in future, please come out of your slumber, that would mean 50-100 billion$ market cap. Entire crypto does not have 100 billion$ market cap right now.

Now ask yourself if xrp will reach 100 billion$ market cap in future? There are far better projects there where ROI will be much higher in future.

[SoMuchDerp]

This scam will get the Kill Switch flipped any day now if it comes out that market makers and Ripple have violated this agreement. Enjoy getting REKT.

On May 5, 2015, FinCEN fined Ripple Labs and XRP II US$700,000 for violation of the Bank Secrecy Act,[31] based on the Financial Crimes Enforcement Network's additions to the act in 2013.[51] Ripple Labs agreed to remedial steps to ensure future compliance, which included an agreement to only transact XRP and "Ripple Trade" activity through registered money services businesses (MSB), among other agreements such as enhancing the Ripple Protocol.[31]

Yes. KILL SWITCH. This is not decentralized crypto and has a central point of failure.

[Spoetnik]

This scam will get the Kill Switch flipped any day now if it comes out that market makers and Ripple have violated this agreement. Enjoy getting REKT.

On May 5, 2015, FinCEN fined Ripple Labs and XRP II US$700,000 for violation of the Bank Secrecy Act,[31] based on the Financial Crimes Enforcement Network's additions to the act in 2013.[51] Ripple Labs agreed to remedial steps to ensure future compliance, which included an agreement to only transact XRP and "Ripple Trade" activity through registered money services businesses (MSB), among other agreements such as enhancing the Ripple Protocol.[31]

Yes. KILL SWITCH. This is not decentralized crypto and has a central point of failure.

I was just eluding to them using clandestine methods to manipulate the price..
Who do you all think is pumping it etc ?
Probably the guys who got free coins when it launched.

How much did they hand out on the great giveaway debacle ?
I never got fuck all when they forced me to sign up using my email etc.

EDIT: I signed up for the giveaway back then in 2013 just after i got here.

Think about it.. they are pumping it or otherwise using sketchy means to drive the price up i almost certain.. and... releasing more coins.
So they can add coins but can't take them away and need to use shady means to affect the price.
Or they risk violating that agreement quoted.
So i am saying if they are investigated and get caught pumping it etc they are in for a world of hurt.
They better hope they are not being watched.

This shit will unravel eventually i think.
It simply shouldn't have existed in the first place.

This is worse than any ICO crap out there because it's not decentralized and open sourced and a currency.
It's some scammy ass ICO free money corporate ledger scheme.

[freeElectron]

Miners provide a service.. securing the block-chain and making the transactions move etc.
In turn they are paid.

Miners that buy hardware to mine are showing their support by investing in hardware.

Waste of power ? Sure.. but there really isn't a better way yet.

Yeah well, I see you believe that, so you can stand on the side line and watch while other services outperform your waste coins.

Talk is cheap and you are full of it, so why don't you hack a non PoW then?

[mmortal03]

I recall asking one of Ripple's representatives a while ago at a conference about who stored their private keys, and how well were they protected, given their pre-mine and their centralized nature of control over so many XRPs. Basically, if those keys ever got out, it would be a disaster. He did not have an answer.

[mmortal03]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

[Bigzilla]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

[bitcointarget]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

[Bigzilla]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

The #2 is supposed to be a scam? Nice try. Did you miss the train?

[Spoetnik]

I recall asking one of Ripple's representatives a while ago at a conference about who stored their private keys, and how well were they protected, given their pre-mine and their centralized nature of control over so many XRPs. Basically, if those keys ever got out, it would be a disaster. He did not have an answer.

You probably gave him ideas hahhaha
Watch.. one of these days they will roll out "News" saying WE BEEN HAXED !!11ONE
But all of you would already know because there would already be mass dumping on idiot profiteers.

And look around how often does that shit get pulled ?
Name an exchange or coin and it's been exploited.. hell this forum has been multiple times.
GOX ? Ethereum ? Cryptsy ? JackpotCoin ? NXT ? BTER ? POLO ? Mining Pools ?
This idiotic bullshit is far less secure that people think or..
The more likely answer.. the greedy idiots running this crap simply like stealing the money and running.

If you don't have the private keys they say what now ?
And what does Ripple say about that ?
Nothing..

[mmortal03]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

The #2 is supposed to be a scam? Nice try. Did you miss the train?

Nope, I don't ride on scam trains. I also won't miss the newbie Ripple shills like you when the bubble pops and you go silent.

[tristan1960]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

The #2 is supposed to be a scam? Nice try. Did you miss the train?

Do you consider scam coins as trains? Pitty you...

[SoMuchDerp]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

The #2 is supposed to be a scam? Nice try. Did you miss the train?

Do you consider scam coins as trains? Pitty you...

I had an acquaintance contact me to discuss cryptocurrency. He is new to the scene. I have decided that if he makes it clear he is of the mindset of "I don't care if it is a scam or will hurt crypto, I just want the ROIZ" I will summarily punch him in the face and advise he stay the fuck away. These guys are a cancer.

[mmortal03]

This just came out today: "Ripple to Place 55 Billion XRP in Escrow to Ensure Certainty Into Total XRP Supply"

https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

Thoughts?

[mmortal03]

There is so much bullshit in this statement, especially when compared to what the Ripple CEO has said publicly in interviews:

"XRP is the only digital asset with a clear use case – it’s the best digital asset for payments. While bitcoin has virtually reached its limit to process transactions (and continues to decline in market share), XRP is faster, more efficient and more scalable. Designed for enterprise use, XRP can be used by financial institutions for on-demand liquidity for cross-border payments. Payment providers and banks using XRP will gain greater access to emerging markets and much lower settlement costs, and this is why we remain committed to increasing XRP liquidity and continued decentralization of its ledger."

[irlandescoin]

let see where the story ends.

[gentil]

Hahah these suckers buying Ripple. Really?

Any idiot can see all the news stories from 'new sources' you're reading are paid for adverts from the Ripple PR team. Coindesk etc. All paid for propaganda bullshit.

Wouldnt surprise me if the Fed was using some of their QE money to pump it too and try and crash crypto markets.

Biggest dump of all time coming.............

[FredCailloux]

This is nothing less than shocking. People never learn! I was drawn to take a look at Ripples after seing today's performance on CoinMarkietCap. XRP are coming out of the sea like a shark chasing flying food. What's happening to all those people who bought into this volatile futile currency ? Has anyone ever studied the american dollar or any other fiat currencies ? Isn't those people understood already that fiat currency is anything but viable? I am amazed! 
What gives value to a currency is it's scarcity. If Ripple releases so many units regularly the only people gaining in such a scam are the initial investors who knew since the beginning what they were up to. This an oversimplified picture but still is the reality. Get your money out now people. This is going to fall down just like the U$ dollar is about to do pretty soon.

[Serena Yin]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Acchain is China's block chain project called the asset chain, it is completely open source assets of the digital platform and tools to let the world's assets flow up to barter.You can go to the official chain of the asset chain to see more information.https://www.acchain.org/en/index.html

[Insanerman]

I am also trading XRP but when I know that they add another 333 million Tokens, I halt and thinking what will happen next. I am very caustios now because I do not want ending as a bag-holder. Still. I am trading but on small amount and on short trade.

[andyatcrux]

Hahah these suckers buying Ripple. Really?

Any idiot can see all the news stories from 'new sources' you're reading are paid for adverts from the Ripple PR team. Coindesk etc. All paid for propaganda bullshit.

Wouldnt surprise me if the Fed was using some of their QE money to pump it too and try and crash crypto markets.

Biggest dump of all time coming.............

The thought crossed my mind last month that we could be seeing the co-opting of crypto through manipulation in XRP being used in an attempt to kill adoption/ harm decentralized cryptocurrencies by pumping XRP, crashing it and then using the BTC proceeds to crash the Bitcoin market. Double whammy. Then I thought, nah that is nuts. Now.... not so sure.

[omonuyak]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

currently I sow their market capitalization increased and many traders are buying into this pump and dump ripple plan. The coins has just got another 30% price increases and many people are investment heavily. The way  thing are going ripple may touch $1 before the end of this month.

[Spoetnik]

This guy is pumping the scam hard: https://www.youtube.com/watch?v=VXNqovfloCQ

what scam?

Ripple scam, have you ever heard about it? That garbage has around 12 billions of dollars market cap! This is only crazy, nothing more.

When this scam was popped, lots of people will be angry. Trust me.

The #2 is supposed to be a scam? Nice try. Did you miss the train?

Do you consider scam coins as trains? Pitty you...

I had an acquaintance contact me to discuss cryptocurrency. He is new to the scene. I have decided that if he makes it clear he is of the mindset of "I don't care if it is a scam or will hurt crypto, I just want the ROIZ" I will summarily punch him in the face and advise he stay the fuck away. These guys are a cancer.

Funny you said that.
During late 2013 i had family members ask me about crypto.
For example my brother was interested and i gave him the run down then i quickly set him up a wallet and showed him how to backup the .dat file to a USB drive and then transferred to him a hair under a grand worth of BTC.
(I kinda owed him for some favors he had done for me helping me move + DMG deposit on rental etc before)
So i was more than happy to hand it over to him plus i had plenty to spare.
So..
His response when talking about trading etc was.. who cares fuck Bitcoin i just want money (profit)
At that point i was pretty much done.
I was disgusted by this attitude and disappointed.
He did not share my interest in it like the way i did.
In hind sight i kinda don't blame him though.. it's nerdy bullshit really.
But i never did talk about Bitcoin / crypto stuff with him ever again.. no idea if he has his BTC still.
Actually i should ask him and tell him he's got close to $2,000 now LOL

But that mentality permeates crypto.
And it's only gotten worse in time.
That is who is surrounding Ripple or any of these coins these days.
Real honest to god supporters are few and far between.

Sorry crypto guys but i have 0 respect for 90% of you.
You shouldn't be here.
You bring nothing to the table.
All you do is show up and suck cash / money / fiat profits out of the system.
You contribute next to nothing.

[smartbitcoininvestor]

The XRP bubble will burst at some point. The real question is when...

What really bugs me is that cryptocurrency is supposed to be decentralized, yet here we are with Ripple (XRP) at #2 on the crypto market cap. These guys have a freaking company page that lists all of their investors and "advisors" (https://ripple.com/company/). What other crypto has that? This is a corporation working with the Central Banks. There's no way this shit won't get regulated (of course....who knows, we did have Fiat for 700 years and counting). Smells like one giant smelly dump to me.

How many pumps will the Ripple coin get, til the fun comes crashing down?  

[Subtuppel]

The XRP bubble will burst at some point. The real question is when...

How many pumps will the Ripple coin get, til the fun comes crashing down? 

Yes, the market cap is crazy, the half of bitcoin.

[madcow1713]

If the technology is sound, useful, and has been implemented well by those that do care, then it should be strong enough to withstand the addition of those only worried about ROIZ. BTC most definitely seems to be. The traditional markets are. I'm not saying you have to assist anyone like this, by any means, but be aware that there will be many many investors around you thinking/acting like this.

[gluedog]

XRP is an extremely volatile coin. Basically can go shit itself at any moment.

I am sure that after the Japanese Bank news it will dump. Hard.

[ulhaq]

I trust the ppl on this forum more than the market cap of XRP.

[douglock]

It is good to know that. I hope that xrp will continue to grow no matter what. There are some accusations against XRP but I still support it. They are really good project

[mmortal03]

It is good to know that. I hope that xrp will continue to grow no matter what. There are some accusations against XRP but I still support it. They are really good project

Please tell us how it is a good project. Since Ripple doesn't have censorship resistance, what does Ripple offer that a PayPal or a Venmo doesn't, other than a purely speculative token that floats in value for no reason other than to be pumped and dumped?

Like I said before, it seems that Ripple wants to have it both ways; to have the hype of a cryptocurrency, but without the supposed "bad" image that comes with the censorship resistant and regulatory arbitraging properties that actually underlie Bitcoin's success. They want to somehow appeal to the banks or even governments, but the banks or governments likely don't want to deal with such a company run system that already controls the tokens for themselves, they will likely want to build their own system, one without the baggage or costs of Ripple.

Given this, is there really a practical, long term trajectory for success for Ripple, wherein they will actually provide a sustained efficiency to customers that cannot be better solved by other means? I don't think so.

[concept2]

I do not know why there are many coins but the prices keep going up. I believe that it is just a bubble and soon it will explode, the price will drop and lot of people will lose their money and they will regret not listen to other people's wawrning

[dwgscale11]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Take profits, buy LTC. It's happening...
https://www.reddit.com/r/litecoin/comments/6bxl8p/max_keiser_retweeted_about_litecoin_megabull/

[ulhaq]

Supposedly the circulation of XRP is capped at 100 billion which are premined, and the recent releases of XRP are coming out of this premine. But is it possible that ripple labs can increase the circulation in the future if they want to?

[XbladeX]

they want dump some coins on market that is case, they want capitalize profits right now and be rich this is DUMP time so guys take profit and run away.

[SwagGirl]

They did this before. I ant believe the price still keeps goin up. But check this out:

http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/

[mmortal03]

Supposedly the circulation of XRP is capped at 100 billion which are premined, and the recent releases of XRP are coming out of this premine. But is it possible that ripple labs can increase the circulation in the future if they want to?

Given that it's centralized, there's no mining going on, and there isn't any other voting mechanism built in for the public to stop them from doing it, I can't imagine that they can't just change the code to create more.

[mmortal03]

They did this before. I ant believe the price still keeps goin up. But check this out:

http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/

The fact that they can arbitrarily lock XRP, even if it limits the circulating supply, is just as concerning as if they could add more, because it means they have central control over a very large percentage of the circulating supply.

[emezh10]

I guess i would buy a coins that have a great potential in the price to go up low price coinsband really worth of buying in the markrt im not a good trader but in my experience low value coins are always going to go up so i always buy low price coin with a high volume.

[mmortal03]

I guess i would buy a coins that have a great potential in the price to go up low price coinsband really worth of buying in the markrt im not a good trader but in my experience low value coins are always going to go up so i always buy low price coin with a high volume.

How do you define low price? You know that Bitcoin is divisible out to eight decimal places, right?

[SwagGirl]

They did this before. I ant believe the price still keeps goin up. But check this out:

http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/

The fact that they can arbitrarily lock XRP, even if it limits the circulating supply, is just as concerning as if they could add more, because it means they have central control over a very large percentage of the circulating supply.

Doesn't seem right.  And the market doesn't know any better?  The banking partners are putting a lot of trust into a risky situation.

[Kazkar]

Yesterday on polo, I could not remove, put a warrant. 15 minutes in vain. Sold coins in plus, but for a coin offensively. 

[ulhaq]

They did this before. I ant believe the price still keeps goin up. But check this out:

http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/

The fact that they can arbitrarily lock XRP, even if it limits the circulating supply, is just as concerning as if they could add more, because it means they have central control over a very large percentage of the circulating supply.

Doesn't seem right.  And the market doesn't know any better?  The banking partners are putting a lot of trust into a risky situation.

How bizarre can this get? They hold 2/3 of the currency, which they are locking up in smart contracts to be released to themselves on a scheduled basis, to be used for whatever purpose they want. I don't think the market knows this yet. We have unbridled speculative investing. The price should come down to reality at some point.

[styca]

to be released to themselves on a scheduled basis, to be used for whatever purpose they want.

They want to increase adoption and increase liquidity. I might be wrong, but I thought the monthly releases would generally be sold cheap to targetted investors to further these aims.

My only real concern about XRP investment is the extent to which banks might just use the RCL and bypass XRP, making Ripple a wild success and XRP worthless. There have been arguments that XRP will certainly be used because of additional savings - but much of this links back to a single article, which is hardly conclusive proof. Having said that, I'm not convinced at all by the opposing argument that each bank will use the Ripple ledger but each develop their own tokens. That seems counterintuitive.

As with much else, it's all guesswork. But what I think is undeniable is that Ripple are very organised, very professional, and know exactly what they're doing.

[mmortal03]

As with much else, it's all guesswork. But what I think is undeniable is that Ripple are very organised, very professional, and know exactly what they're doing.

If they were managing the supply to do something like maintain a stable price, like a central bank does, that would be one thing, even though it would make more sense in that case to just use USD itself over Venmo or what have you. Without censorship resistance or stable value, and with a company owning a huge proportion of it, the XRP token makes zero sense other than to be pumped to make them rich.

[styca]

I totally agree with you that stable value is required, otherwise there's way too much risk.
Obviously XRP is ludicrously volatile at the moment, but I'm guessing (and only guessing) that stability will come as a consequence of greater adoption. How far down the line this will be though, who knows?

[bustomi]

Believe for ripple cause japan goverment accept it .., ::)nice

[qiman]

Maybe because Ripple is getting into the Banking sector so they want to be as liquid as the banks? I personally do not like the fact they are acting in a way Fiat does and forever bringing out more coins. I much prefer to hold coins that have a limited circulation or even become deflationary. This is just my personal opinion about it, but others love RIPPLE and cannot get enough of the coin.

[ulhaq]

My only real concern about XRP investment is the extent to which banks might just use the RCL and bypass XRP, making Ripple a wild success and XRP worthless.

I did not think it was possible to use the RCL without XRP?

While there has been a lot of discussion on banks creating their own tokens, I find it very unlikely. It is much easier and cost-effective for a large number of banks to use the same token, ie XRP.

I much prefer to hold coins that have a limited circulation or even become deflationary.

But qiman, according to ripple the circulation of XRP is fixed, and therefore deflationary. Do you not believe that they will not break their promise and increase the circulation in the future?

[Litvin]

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalk.org/index.php?topic=224365.msg2358207#msg2358207

[ac2eugenio]

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalk.org/index.php?topic=224365.msg2358207#msg2358207

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

You are all over the discussions,you should be banned by the moderators too much spam.Hoping this coin will grow more,i invested 5btc from it when it was quarter of a cent.

[Litvin]

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalk.org/index.php?topic=224365.msg2358207#msg2358207

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

You are all over the discussions,you should be banned by the moderators too much spam.Hoping this coin will grow more,i invested 5btc from it when it was quarter of a cent.

Please do not betray real crypto!
You kill your actions with crypts and are still proud of it. I sincerely regret you.
It's a shame for you, your profits and money will not bring good.
Look at the world of the future do not see the momentary profit. You are deceiving yourself.

[gluedog]

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

Apparently, all you need is dumb people buying Ripple

[CryptoNews1]

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

Well the banks are using it between themselves to save some money (and earn money by luring other people to buy XRP)

[marketone]

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

Apparently, all you need is dumb people buying Ripple

Buying ripple is always a joy because it might give you huge profit in short period of time but for that we have to wait patiencely. Already many people who believe in it are making good amount of money.

[gluedog]

Agree, Ripple needs a scheduled distribution plan before big time investors will participate.  Awesome technology, ridiculous team, tons of big news, but... how do you predict when 300 million xrp will get dumped on the market? At least there is a science in telling distribution with mining.  All Ripple needs to do is come up with a damn distribution schedule.

Apparently, all you need is dumb people buying Ripple

Buying ripple is always a joy because it might give you huge profit in short period of time but for that we have to wait patiencely. Already many people who believe in it are making good amount of money.

Ripple will not survive for the next 10 years. So you could buy, and be patient for your whole life and never get anything back. Wouldn't touch that GARBAGE with a 10 foot pole.

[Ceballos]

I wonder if ripple is a legit one but anyways i support ripple and believe it can be a world coin in 2022
if not i won't be sorry cause i have not too much money in ripple

[jubalix]

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

yes I use it to transfer between exchanges, because its fast and there is not much slippage.

I use, NEM, LTC, and XRP for this purpose.

SO

Exchange 1 COIN--->XRP-------> Exchange 2 XRP ----> whatever.

or

Exchange 1 COIN--->LTC-------> Exchange 2 LTC ----> whatever.

or

Exchange 1 COIN--->NEM-------> Exchange 2 NEM ----> whatever.

[sunX3]

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.
 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalk.org/index.php?topic=224365.msg2358207#msg2358207

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

You are all over the discussions,you should be banned by the moderators too much spam.Hoping this coin will grow more,i invested 5btc from it when it was quarter of a cent.

"Hoping this coin will grow more,i invested 5btc from it when it was quarter of a cent."

And you're not biased at all?

Tbh I don't really see the huge hype behind ripple, especially when people know the banks are behind it AND it isn't open source. Yeah I guess you can make a profit off Ripple but that's about it.

[MadAboutCrypto]

I will never buy ripple. It's centralized coin which contradict the main point of crypto - decentralization. And I don't care that it will rise even more. I would rather invest in good projects that want to make the world better and more decentralized.

[AlexGN789]

that sounds like desperation to me

[DarkDrake]

i have never really been able to see the benefit from Ripple, it seems so risky because of the way the tokens that are not in circulation right now can just be put into circulation with no notice.

[dangful]

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Ripple and other Billions of circulating coins are for long-term investments because of their massive number of coins in the market circulation. That would limit the value of each coin than lower circulation coins.
I really like the idea of investing $1 to $5 per token or coin that would turn into x10 to x50 in the next quarter than investing into Ripple's low priced coins that is crawling in progress of increasing the price.

[dangful]

i have never really been able to see the benefit from Ripple, it seems so risky because of the way the tokens that are not in circulation right now can just be put into circulation with no notice.

Indeed, Ripple doesn't seem to be useful in this kind of competition because there are a lot of more promising coins that are undervalued today. New coins are more promising than Ripple and other top Altcoins today and they have more effective projects than Ripple as well that people world realize that it's time to turn into Cryptocurrency.

[Muhammad Muneeb]

i don't know why people invest in such a coin which is even not decenteralized. it was a currency for the banks and more banks are about to use the ripple. recently moneygram has started to use the ripple for its transactions. its supply was 38.9 billion when i checked this coin and i was not interested in the coin to invest after knowing that what it really is. dont make the fun of crypto by investing such a currency..

[Oumal]

I bought this coin for a very long time, successfully sold with a profit, but now I do not want to buy it. Moreover, I do not like
that it is centralized.
It is not known what can come into their heads

[Turkish88]

Ohhh, why i am buy ripple ? Its scam never been give us make moneys

[Lingqingyi]

I've always wondered that.
XRP is just a centralized token, so they can modify the total amount of tokens and issue tokens at will, so what is the difference between this and the money printing press? Even if it does solve the problem of trust between Banks.