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Author Topic: XRP < 10000 per BTC!!! Ripple bubble is on!  (Read 1171 times)
jubalix (OP)
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May 06, 2013, 02:55:21 AM
 #1

I have watched XRP go from over 80K per btc to about 9K per BTC.

the XRP bubble/swing is on!!!!

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jasonslow
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May 06, 2013, 03:10:15 AM
 #2

I'm waiting for the 1000xrp per 1btc price. This should be next month.
stslimited
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May 06, 2013, 03:16:22 AM
 #3

where do you get this information, I would like to see live market depth and price history
seleme
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May 06, 2013, 03:16:47 AM
 #4

definitely, that guy who was buying them first here will bank hard. Good job it was, he's now some 800% good on giveaway pack he got from me.

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jubalix (OP)
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May 06, 2013, 03:22:22 AM
 #5

where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

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idev
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May 06, 2013, 03:23:55 AM
 #6

The rate at BS is 1USD = 50XRP
jubalix (OP)
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May 06, 2013, 03:27:58 AM
 #7

The rate at BS is 1USD = 50XRP

thats about twice as much as you can buy XRP for inside ripple

If you want some cheaper XRP let me know

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stslimited
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May 06, 2013, 03:32:35 AM
 #8

where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???
arsenische
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May 06, 2013, 03:33:10 AM
 #9

where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???

https://ripple.com/client

stslimited
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May 06, 2013, 03:38:38 AM
 #10

where do you get this information, I would like to see live market depth and price history

I login to the XRP/Ripple site

Also am only selling at 100 XRP to 1 BTC now

I have an account, when I got to www.ripple.com how do I log in???

https://ripple.com/client


okay thanks

wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

this is the kind of information that needs to be available without having to spend 30 minutes searching google and different forums, if these things want *any* kind of real adoption
arsenische
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May 06, 2013, 03:41:19 AM
 #11

wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

Here is my list: https://bitstamp.com, https://dividendrippler.com, https://weexchange.co, https://justcoin.com

stslimited
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May 06, 2013, 03:56:39 AM
 #12

wow this is not intuitive at all, can you guys give me a list/addresses of the some good trusted gateways?  I have a small list on a wiki, but no addresses

Here is my list: https://bitstamp.com, https://dividendrippler.com, https://weexchange.co, https://justcoin.com

thanks, I have that list too, but when I type in "bitstamp" on ripple it says "not a valid ripple address or contact" so I don't have the information I need


I got dividendrippler's address to work, but they posted their ripple on their main site so it was better
arsenische
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May 06, 2013, 04:04:20 AM
 #13

I got dividendrippler's address to work, but they posted their ripple on their main site so it was better

Add Bitstamp to your contacts and grant trust:
https://ripple.com/client/#/login?to=rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B&name=Bitstamp&tab=trust

TheSwede75
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May 06, 2013, 04:07:07 AM
 #14

I wish people would stop pumping this proprietary non-coin trash start-up.
stslimited
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May 06, 2013, 04:07:47 AM
 #15

I got dividendrippler's address to work, but they posted their ripple on their main site so it was better

Add Bitstamp to your contacts and grant trust:
https://ripple.com/client/#/login?to=rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B&name=Bitstamp&tab=trust

Thanks! I got it to work, I understand now
stslimited
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May 06, 2013, 04:08:35 AM
 #16

I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself
arsenische
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May 06, 2013, 10:27:19 AM
 #17

I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself

I like Ripple too. Great technology and idea!

I see some major risks though. XRP is "100% premined" and its supply will be ~5K times larger than BTC supply, so if both currencies are successful, 5000 ripples/btc should be a fair price.

But XRP is far from being as adopted as Bitcoin yet, it is still a proprietary software and nobody knows how its "premined" ripples will be distributed, this is a major factor of risk.

So to my mind it is a bubble currently, it shouldn't be comparable to ~5K XRP per BTC (yet), but maybe in several years it will be.

Though I am not an Oracle, could be mistaken Smiley

melvster
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May 06, 2013, 10:34:05 AM
 #18

I wish people would stop pumping this proprietary non-coin trash start-up.

I like the utility behind it

People trade it like as a currency, but that is because of its utility, where it has a use besides for trade of itself

I like Ripple too. Great technology and idea!

I see some major risks though. XRP is "100% premined" and its supply will be ~5K times larger than BTC supply, so if both currencies are successful, 5000 ripples/btc should be a fair price.

But XRP is far from being as adopted as Bitcoin yet, it is still a proprietary software and nobody knows how its "premined" ripples will be distributed, this is a major factor of risk.

So to my mind it is a bubble currently, it shouldn't be comparable to ~5K XRP per BTC (yet), but maybe in several years it will be.

Though I am not an Oracle, could be mistaken Smiley

premined probably isnt accurate as there's no mining ... it's more like an IPO where you have an allocation of shares that get distributed and sold ... what's interesting is whether the consensus algorithm could possibly used to issue more shares later ... im currently unsure on this one, it will be interesting to look at the server code when it comes out
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May 06, 2013, 10:48:43 AM
 #19

yes, that's why I've put "premined" in quotes

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