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Author Topic: Ripple XRP surge open source and ZipZap news!  (Read 27877 times)
🏰 TradeFortress 🏰
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September 18, 2013, 10:24:31 AM
 #141

So is the Ripple XRP a different kind of bitcoin and if so, how is it different/better?


http://www.newfination.com/2013/08/01/the-ripple-network-review-what-is-ripple/4103/

XRP is down about 70% from its highs, which is why I think it should really surge on this news once more people find out about it.

How do we buy XRP

Would you like to buy some feathercoin v2 v3 and Scrypt Bitcoins too? They'll probably fare out better in the long term relative to XRP.
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September 18, 2013, 10:30:12 AM
 #142

So is the Ripple XRP a different kind of bitcoin and if so, how is it different/better?


http://www.newfination.com/2013/08/01/the-ripple-network-review-what-is-ripple/4103/

XRP is down about 70% from its highs, which is why I think it should really surge on this news once more people find out about it.

How do we buy XRP

Would you like to buy some feathercoin v2 v3 and Scrypt Bitcoins too? They'll probably fare out better in the long term relative to XRP.
Ladies and gentleman Mr. TradeFortress, give him a warm welcome.

Are you the owner of RippleScam.org? How will you handle the lawsuit from OpenCoin when they sue you for doing that?
By the way, Mr. Tradefortress I heard that your business is closed-source, off-the-chain, centralized, IOU issuing webwallet service that is advertising that it transacts (near) instantly between users?
Is that true? Good luck with that Cheesy
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September 18, 2013, 10:35:37 AM
 #143

Ladies and gentleman Mr. TradeFortress, give him a warm welcome.

Are you the owner of RippleScam.org? How will you handle the lawsuit from OpenCoin when they sue you for doing that?
By the way, Mr. Tradefortress I heard that your business is closed-source, off-the-chain, centralized, IOU issuing webwallet service that is advertising that it transacts (near) instantly between users?
Is that true? Good luck with that Cheesy

The key thing is that Inputs compliments the decentralized Bitcoin instead of replacing Bitcoin with a centralized version and calling it XIO.
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September 18, 2013, 10:39:49 AM
 #144

Ladies and gentleman Mr. TradeFortress, give him a warm welcome.

Are you the owner of RippleScam.org? How will you handle the lawsuit from OpenCoin when they sue you for doing that?
By the way, Mr. Tradefortress I heard that your business is closed-source, off-the-chain, centralized, IOU issuing webwallet service that is advertising that it transacts (near) instantly between users?
Is that true? Good luck with that Cheesy

The key thing is that Inputs compliments the decentralized Bitcoin instead of replacing Bitcoin with a centralized version and calling it XIO.
OK, thank you for your explanation, it's really a good moment for me to learn things that I was wondering for months.
What can you tell me about some people claiming that you offered them 5BTC to edit their posts to "Ripple is a scam" on the first page of the Ripple Giveaway thread? https://bitcointalk.org/index.php?topic=212730.0
https://bitcointalk.org/index.php?topic=145506.0
If it's the truth, what is the motivation behind doing that?
Thank you!
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September 18, 2013, 10:44:35 AM
 #145

Ladies and gentleman Mr. TradeFortress, give him a warm welcome.

Are you the owner of RippleScam.org? How will you handle the lawsuit from OpenCoin when they sue you for doing that?
By the way, Mr. Tradefortress I heard that your business is closed-source, off-the-chain, centralized, IOU issuing webwallet service that is advertising that it transacts (near) instantly between users?
Is that true? Good luck with that Cheesy

The key thing is that Inputs compliments the decentralized Bitcoin instead of replacing Bitcoin with a centralized version and calling it XIO.
OK, thank you for your explanation, it's really a good moment for me to learn things that I was wondering for months.
What can you tell me about some people claiming that you offered them 5BTC to edit their posts to "Ripple is a scam" on the first page of the Ripple Giveaway thread? https://bitcointalk.org/index.php?topic=212730.0
https://bitcointalk.org/index.php?topic=145506.0
If it's the truth, what is the motivation behind doing that?
Thank you!
Bringing more awareness to ripple's false advertising Smiley

Do you know charities and non-profit organizations spend substantial amounts on advertising?

You're doing a nice job shilling for OpenCoin, awaiting your job offer & paycheck just like misterbiggs?
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September 18, 2013, 10:47:02 AM
 #146

Good to know that, it's a really nice motivation Cheesy

Can you tell me why did Google Ventures invested into OpenCoin, company behind Ripple if it was so obvious that it's a fraud?
http://gigaom.com/2013/05/14/google-ventures-invests-in-opencoin-the-firm-behind-bitcoin-exchange-ripple/

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September 18, 2013, 10:50:37 AM
 #147


It's true that with Ripple there will be no more centralized bitcoin exchange websites. There will just be a centralized bitcoin exchange website. Claiming that trading via Ripple is more decentralized is like claiming that by using a desktop gox interface you're no longer trading on centralized bitcoin exchanges.


Yeah LOL.  At least magicaltux doesn't go around claiming that MtGox is a decentralized protocol.   Even though the trade engine does reach consensus by consensus.

Anyway, lets see what these guys can do.  There's a lot of talented folks on the team, who have more in mind than just sinking opencoin founders deeper in the black.  
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September 18, 2013, 10:53:29 AM
 #148

Good to know that, it's a really nice motivation Cheesy

Can you tell me why did Google Ventures invested into OpenCoin, company behind Ripple if it was so obvious that it's a fraud?
http://gigaom.com/2013/05/14/google-ventures-invests-in-opencoin-the-firm-behind-bitcoin-exchange-ripple/

All frauds have winners and losers Smiley

Ripple isn't a fraud in the sense that it steals your wallet.dat, but it deceptively presents what it actually is. That's because few people from this community would use it if they knew what Ripple actually is.

By the way, Google Ventures also invested in Buttercoin.
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September 18, 2013, 10:56:53 AM
 #149

All frauds have winners and losers Smiley

Ripple isn't a fraud in the sense that it steals your wallet.dat, but it deceptively presents what it actually is. That's because few people from this community would use it if they knew what Ripple actually is.

By the way, Google Ventures also invested in Buttercoin.

OK, thank you for you polite answers Cheesy I was thinking that you made all that in order to buy millions of XRP at the low price, but I was obviously wrong Cheesy
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September 18, 2013, 11:00:01 AM
 #150

All frauds have winners and losers Smiley

Ripple isn't a fraud in the sense that it steals your wallet.dat, but it deceptively presents what it actually is. That's because few people from this community would use it if they knew what Ripple actually is.

By the way, Google Ventures also invested in Buttercoin.

OK, thank you for you polite answers Cheesy I was thinking that you made all that in order to buy millions of XRP at the low price, but I was obviously wrong Cheesy
Looked through your posting history, nice ripple shilling.

Oh, and you've never responded to why you think DividendRippler.com is a currency exchange and compared it as such to pump Ripple and get people to buy the BS that ripple "compliments" bitcoin.
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September 18, 2013, 11:01:34 AM
 #151

Look through your posting history, nice ripple shilling.
Of course, I'm the Ripple biggest fan and I have also invested a lot in it, it makes two of us people with the similar interest Wink
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September 18, 2013, 11:02:35 AM
 #152

DividendRippler can be "anonymous" obviously only because it stays in crypto-land exclusively and doesn't deal with any fiat and the banking system.

Bitstamp only for verified members
I believe that many Bitstamp members who are concerned about their privacy will transfer their funds to Ripple network, Bitstamp is already connected to Ripple and it's a matter of seconds to transfer funds from Bitstamp to Ripple.

Except that you can't physically "transfer" any funds from Bitstamp to the "Ripple network". The funds are still in your Bitstamp, they only set a flag that you see them in your Ripple account rather than your Bitstamp account.

It's only when you connect to a second gateway that a Bitstamp USD IOU can be auto-magically converted into the other gateway's USD IOU, because that's what Ripple does. However, you'll probably have to get verified by the other gateway too.

And if you convert your USD IOUs to XRPs (in case that's what you mean), well people can convert them to any crypto-currency really. XRPs even have an enormous disadvantage regarding this, because Ripple is not made for privacy; your Ripple account is an open book, public for the whole world to see. And your Ripple account is immediately tied to your verified Bitstamp (or other gateway) account. So Ripple will not pass the "Donations to Wikileaks/Snowden" Litmus test.

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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September 18, 2013, 11:04:08 AM
 #153

DividendRippler can be "anonymous" obviously only because it stays in crypto-land exclusively and doesn't deal with any fiat and the banking system.

Bitstamp only for verified members
I believe that many Bitstamp members who are concerned about their privacy will transfer their funds to Ripple network, Bitstamp is already connected to Ripple and it's a matter of seconds to transfer funds from Bitstamp to Ripple.

Except that you can't physically "transfer" any funds from Bitstamp to the "Ripple network". The funds are still in your Bitstamp, they only set a flag that you see them in your Ripple account rather than your Bitstamp account.

It's only when you connect to a second gateway that a Bitstamp USD IOU can be auto-magically converted into the other gateway's USD IOU, because that's what Ripple does. However, you'll probably have to get verified by the other gateway too.

And if you convert your USD IOUs to XRPs (in case that's what you mean), well people can convert them to any crypto-currency really. XRPs even have an enormous disadvantage regarding this, because Ripple is not made for privacy; your Ripple account is an open book, public for the whole world to see. And your Ripple account is immediately tied to your verified Bitstamp (or other gateway) account. So Ripple will not pass the "Donations to Wikileaks/Snowden" Litmus test.

What do you think about "Bitcoin Bridge"?

EDIT: Here's the link https://ripple.com/blog/bitcoin-bridge-lets-ripple-users-make-payments-to-bitcoin-accounts/

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September 18, 2013, 11:04:51 AM
 #154

The blockchain is great for AML (unavoidable public records!) but anyone could anonymously mine BTC!! Why don't we add centralized gateways and have them require AML, make up BS about how it "compliments" bitcoin when it's against everything Bitcoin and Satoshi stood for?
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September 18, 2013, 11:09:07 AM
 #155

DividendRippler can be "anonymous" obviously only because it stays in crypto-land exclusively and doesn't deal with any fiat and the banking system.

Bitstamp only for verified members
I believe that many Bitstamp members who are concerned about their privacy will transfer their funds to Ripple network, Bitstamp is already connected to Ripple and it's a matter of seconds to transfer funds from Bitstamp to Ripple.

Except that you can't physically "transfer" any funds from Bitstamp to the "Ripple network". The funds are still in your Bitstamp, they only set a flag that you see them in your Ripple account rather than your Bitstamp account.

It's only when you connect to a second gateway that a Bitstamp USD IOU can be auto-magically converted into the other gateway's USD IOU, because that's what Ripple does. However, you'll probably have to get verified by the other gateway too.

And if you convert your USD IOUs to XRPs (in case that's what you mean), well people can convert them to any crypto-currency really. XRPs even have an enormous disadvantage regarding this, because Ripple is not made for privacy; your Ripple account is an open book, public for the whole world to see. And your Ripple account is immediately tied to your verified Bitstamp (or other gateway) account. So Ripple will not pass the "Donations to Wikileaks/Snowden" Litmus test.

What do you think about "Bitcoin Bridge"?

EDIT: Here's the link https://ripple.com/blog/bitcoin-bridge-lets-ripple-users-make-payments-to-bitcoin-accounts/

You do realize that OpenCoin Inc centrally added BitStamp as a bitcoin bridge to Ripple?

Sure it's decentralized  Wink ... erm, doublespeak.

FYI..

http://opencoin.org/Members/jhb/opencoin-and-ripple

Quote
We, opencoin, are a project that started in 2007 to create an open source version of the electronic cash system invented by David Chaum. It is about minting tokens that can be transfered in a non-tracable way. It is fast, and the user has full flexibility on how to do the transfer.

We have nothing to do with "OpenCoin Inc.", a new company that is developing the ripple network. Unfortunately they decided in 2012 to name their company the same as our project. That creates a bit of confusion, as both are about electronic transfers.

So, if you want open source digital cash, opencoin.org (or our repo on github) is the place to be. If you want an account based system like the ripple network, it is not.
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September 18, 2013, 11:13:02 AM
 #156

You do realize that OpenCoin Inc centrally added BitStamp as a bitcoin bridge to Ripple?

Sure it's decentralized  Wink ... erm, doublespeak.
https://ripple.com/forum/viewtopic.php?f=1&t=3516#p16196
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September 18, 2013, 11:14:14 AM
 #157

You do realize that OpenCoin Inc centrally added BitStamp as a bitcoin bridge to Ripple?

Sure it's decentralized  Wink ... erm, doublespeak.
https://ripple.com/forum/viewtopic.php?f=1&t=3516#p16196

Quote
   do I have to have the gateway added to get it considered by the bridge?

No.

That just confirms BitStamp is built in and confirms my point.

Still waiting for a response to your.. justification of DividendRippler being a currency exchange.
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September 18, 2013, 11:35:41 AM
 #158

You do realize that OpenCoin Inc centrally added BitStamp as a bitcoin bridge to Ripple?

Sure it's decentralized  Wink ... erm, doublespeak.
https://ripple.com/forum/viewtopic.php?f=1&t=3516#p16196

Quote
   do I have to have the gateway added to get it considered by the bridge?

No.

That just confirms BitStamp is built in and confirms my point.

Still waiting for a response to your.. justification of DividendRippler being a currency exchange.

Sure, you got that right, currently Bitstamp is hard-coded into "Bitcoin Bridge" (I don't know if something changed about this), but you must realise that "Bitcoin Bridge" is a protocol, in the future every gateway will use it, so as we get more gateways then more "Bitcoin Bridge" will become gateway-less thing in Ripple. DividendRippler is just one bright example what we could expect in future, everyone could set a Ripple Gateway, that was my point. As the number of gateways raise, we will get more and more freedom for Bitcoin.
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September 18, 2013, 11:37:37 AM
 #159

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Sure, you got that right, currently Bitstamp is hard-coded into "Bitcoin Bridge" (I don't know if something changed about this), but you must realise that "Bitcoin Bridge" is a protocol, in the future every gateway will use it, so as we get more gateways then more "Bitcoin Bridge" will become gateway-less thing in Ripple. DividendRippler is just one bright example what we could expect in future, everyone could set a Ripple Gateway, that was my point. As the number of gateways raise, we will get more and more freedom for Bitcoin.

So it's OK if satoshi said "you must mine at BTC guild, eventually there will be more mining pools"?

The reason why BitStamp is the only bitcoin bridge is because nobody really cares about ripple, other than the shills of course. Delude yourself otherwise.
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September 18, 2013, 11:42:23 AM
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Quote
Sure, you got that right, currently Bitstamp is hard-coded into "Bitcoin Bridge" (I don't know if something changed about this), but you must realise that "Bitcoin Bridge" is a protocol, in the future every gateway will use it, so as we get more gateways then more "Bitcoin Bridge" will become gateway-less thing in Ripple. DividendRippler is just one bright example what we could expect in future, everyone could set a Ripple Gateway, that was my point. As the number of gateways raise, we will get more and more freedom for Bitcoin.

So it's OK if satoshi said "you must mine at BTC guild, eventually there will be more mining pools"?

The reason why BitStamp is the only bitcoin bridge is because nobody really cares about ripple, other than the shills of course. Delude yourself otherwise.

You know it's really an impossible thing to love Bitcoin and hate Ripple or to love Ripple and hate Bitcoin, same people build both of them, including Satoshi.

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