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Author Topic: Ripple vs Bitcoin  (Read 1013 times)
Abo Adamson
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April 21, 2013, 08:49:57 PM
 #1

What is Ripple and how does it compare to Bitcoin?
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yakka34
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April 21, 2013, 09:54:59 PM
 #2

Ripple is like PayPal. It sends money globally, unlike bitcoin it can't be mined.

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GerMG
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April 21, 2013, 10:06:58 PM
 #3

ripple is a scamm. my opinion

You wan´t to mine bitcoins but dont have any Hardware?
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aandcmedia
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April 21, 2013, 10:27:49 PM
 #4

Isn't it based around the same tech? Also I know they got caught storing passwords in plain text... salt and hash at least.
tahar
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April 21, 2013, 11:22:42 PM
 #5

ripple is a scamm. my opinion

Quite a few people thinking this to be honest. Not so sure myself... need to educate myself further.

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April 22, 2013, 12:43:31 AM
 #6

Ripple claim to be decentralized about 100 times through their site even though it is completely false, only a fool would purchase XLR and witness it suffer the same fate as e-gold.

CRkfx1
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April 22, 2013, 02:03:32 AM
 #7

Ripple's website seems VERY vague about how the whole thing works.  I seriously like the idea of a p2p exchange, but I hate that 100 billion (I think) XRP's are pre-mined.  I was about to jump in, but decided against it.

Checkout http://ripplescam.org/.
hl5460
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April 22, 2013, 02:57:37 AM
 #8

Ripple's website seems VERY vague about how the whole thing works.  I seriously like the idea of a p2p exchange, but I hate that 100 billion (I think) XRP's are pre-mined.  I was about to jump in, but decided against it.

Checkout http://ripplescam.org/.


Good point. any centralized shit is scamm

Si Robertson
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April 22, 2013, 02:59:30 AM
 #9

What is going on with all these geek currency people?
Gyrsur
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#BEL+++


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April 22, 2013, 03:01:55 AM
 #10

Bitcoin is better with Ripple and Ripple is better with Bitcoin. it's so easy!

rudychicoDEA6
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April 22, 2013, 04:32:08 AM
 #11

they can co-exist (BTC and XRP)
the ripple network is just great to exchange one coins for another. if we have to pay small fees to use it, well, it's understandable they have to make some profit. I think opencoin keeping 20% of the currency to their use is a bit too much
ebildude123
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April 22, 2013, 04:38:42 AM
 #12

Ripple is a scam premined centralized trash coin. Tongue
pcrsweetness
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April 22, 2013, 04:47:01 AM
 #13

We don't really know yet but the price of ripples has gone up someting like 1000% in the last couple of months so it is certainly worth watching and some people find it to have value even though some others do not.
Si Robertson
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April 22, 2013, 04:47:35 AM
 #14

Why do we need other currency when we have btc!
bobbahope
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April 22, 2013, 04:47:43 AM
 #15

Ripple is basically just an exchange.

yacare
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April 28, 2013, 09:07:21 AM
 #16

Ripple's website seems VERY vague about how the whole thing works.  I seriously like the idea of a p2p exchange, but I hate that 100 billion (I think) XRP's are pre-mined.  I was about to jump in, but decided against it.

Checkout http://ripplescam.org/.


Good info. Thank you!

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mmeijeri
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April 28, 2013, 09:11:01 AM
 #17

they can co-exist (BTC and XRP)
the ripple network is just great to exchange one coins for another. if we have to pay small fees to use it, well, it's understandable they have to make some profit. I think opencoin keeping 20% of the currency to their use is a bit too much

The fees are really tiny if you don't use gateways. And those gateways aren't even owned by OpenCoin, though the early ones may be paying OpenCoin fees themselves. Once the code is open sourced anyone can start a gateway, subject to local regulations.

ROI is not a verb, the term you're looking for is 'to break even'.
Taccomc
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April 28, 2013, 09:20:31 AM
 #18

just found this proxy buying service.  You can use either ripple or bitcoin to purchase on amazon.com

http://bitcurl.com

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silverboyp
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April 28, 2013, 09:35:50 AM
 #19

just found this proxy buying service.  You can use either ripple or bitcoin to purchase on amazon.com

http://bitcurl.com
Looks interesting!
Folko85
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April 28, 2013, 09:48:34 AM
 #20

Ripple is certainly a good alternative to put your $ in sometimes vs bitcoin.  I am new to it but I like what I see so far.
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