Ripple XRP surge open source and ZipZap news!

[scarsbergholden]

(obviously don't get that holding centralized exchange IOUs).

Why not ? isn't it the same to hold bitstamp IOU on ripple network or ripple IOU on bistamp platform ? the only difference for me is that if you wanna trade on bitstamp you have to withdraw them from ripple, but it takes not even a minute...

What's a "Ripple IOU"?  

I think he just means being in XRP, makes more sense than holding IOU's on or from exchanges that are subject to seizure, failure, etc.  While that is true, I could be wrong in what he actually meant.

Yup, that's exactly what I meant. XRP is much much better in a portfolio than exchange IOUs. Exchange IOUs are worth face value in the best-case scenario, so there is no upside risk. But there is much downside in holding IOUs of any particular gateway due to seizure, delays, regulation changes, etc..

face value (market value) =/= best-case scenario..... risks are already priced in. yes, there is upside risk, there. so i dont see the validity of what you are saying. yes, xrp does not have counterparty risk, but it does have speculative risk. similarly, while IOUs have counterparty risk, that is priced into the speculative risk and thus, market price. in this sense, depending on which direction markets go, xrp may be far, far worse in a portfolio than any given IOUs.

[hennessyhemp]

Coming: https://twitter.com/WesternUnion/status/385378101070675968

Going: http://www.bloomberg.com/news/2013-10-07/ripple-takes-on-western-union-with-deal-to-grow-payments.html

Right along with everything else google does...get them coming and going...why own one, when you can own them all?

The deal with ZipZap means undercutting WU fees by 90%.  Resistance is futile.

[proteen]

Coming: https://twitter.com/WesternUnion/status/385378101070675968

Going: http://www.bloomberg.com/news/2013-10-07/ripple-takes-on-western-union-with-deal-to-grow-payments.html

Right along with everything else google does...get them coming and going...why own one, when you can own them all?

The deal with ZipZap means undercutting WU fees by 90%.  Resistance is futile.

MG is next.
http://btc.host56.com/images/btca.gif

[Gimmelfarb]

Coming: https://twitter.com/WesternUnion/status/385378101070675968

Going: http://www.bloomberg.com/news/2013-10-07/ripple-takes-on-western-union-with-deal-to-grow-payments.html

Right along with everything else google does...get them coming and going...why own one, when you can own them all?

The deal with ZipZap means undercutting WU fees by 90%.  Resistance is futile.

still could be a very long while before we see any of this stuff materialize.

[AmazonStuff]

MG is next.

ZipZap already uses MG network in the US.

[AmazonStuff]

The deal with ZipZap means undercutting WU fees by 90%.

Western Union also has 9000% more locations.
They aren't even remotely comparable.

Actually you are wrong, WU has 520 000 payment locations, ZipZap has 700 000

[mah87]

The deal with ZipZap means undercutting WU fees by 90%.

Western Union also has 9000% more locations.
They aren't even remotely comparable.

You are so fucking stupid and ignorant.

[klee]

The deal with ZipZap means undercutting WU fees by 90%.

Western Union also has 9000% more locations.
They aren't even remotely comparable.

You are so fucking stupid and ignorant.

And arrogant!

[mah87]

The deal with ZipZap means undercutting WU fees by 90%.

Western Union also has 9000% more locations.
They aren't even remotely comparable.

You are so fucking stupid and ignorant.

And arrogant!

 You would agree with me if you knew how stupid this guy is.

[klee]

The deal with ZipZap means undercutting WU fees by 90%.

Western Union also has 9000% more locations.
They aren't even remotely comparable.

You are so fucking stupid and ignorant.

And arrogant!

 You would agree with me if you knew how stupid this guy is.

I agree believe me...

[mah87]

mah87 is butthurt because I don't let him scam newbies - he tries to sell them XRP he's bagholding by telling lies.

Also, you guys don't understand why people use Western Union, do you?

you are narrow minded and extremely stupid , stop trolling and get an education please... or maybe just a human brain.... it seems you not smarter than a dog ...makes me sick..

And I'm not "scamming newbies " or anyone. I'm trading xrp and actually I'm increasing my personnaL stock as much as I can cause I do believe in ripple success.

[bitcoinBull]

Yup, that's exactly what I meant. XRP is much much better in a portfolio than exchange IOUs. Exchange IOUs are worth face value in the best-case scenario, so there is no upside risk. But there is much downside in holding IOUs of any particular gateway due to seizure, delays, regulation changes, etc..

So you're saying that Ripple is bad except for XRP. The thing is, XRP is worse in all aspects versus Bitcoin.

Future of cryptocurrencies, right.

On ripple, exchange IOUs are publicly tracked (gateway capitalization is public knowledge, its a negative balance right there in the ledger). Exchange IOUs are also transferable, so you don't need an account at the exchange to hold them, just a trust line on your ripple wallet. These two facts make ripple gateways more awesome than conventional bitcoin exchanges.

XRP has decentralized exchange, bitcoin does not (just a bunch of proposals). XRP has a sustainable giveaway scheme, bitcoin does not. XRP has a reputation, business model, and corporate backing more favorable to pointy-haired bosses, bitcoin does not.

It is a trade-off, of course, there are other aspects where bitcoin is better (first to market and established brand recognition, non-profit backing, algorithmic distribution, etc.). The point is that they are complementary and, in general, what's good for either is good for both.

[mah87]

How retarded was that?

You should try to learn from others but you are too dumb to do that. All your post are pathetic trolling... even your blog is so pathetic and dumb.... NO BRAIN! ahha

I bet you are a veeeery frustrated personn.

[tclo]

Well I would have bought more XRP at .0068 but my Dwolla account was frozen because they like to f**k with their customers.  Of course now it's up to back near .001.  Things just don't work out sometimes. :-/

[tclo]

I bought a token amount of XRP at .81, but honestly not sure where it will go from here.  The ZipZap news should have moved it more, but the client has so many problems that I'm sure it has turned a whole lot of people off to it.

I still think XRP has room to run upwards but if it drops much from here, I might bail on it.

But I plan to use Zipzap to get funds in there sometimes now that Dwolla/snapswap won't work.

[underground_]

I bought a token amount of XRP at .81, but honestly not sure where it will go from here.  The ZipZap news should have moved it more, but the client has so many problems that I'm sure it has turned a whole lot of people off to it.

I still think XRP has room to run upwards but if it drops much from here, I might bail on it.

It more than doubled against the dollar before pulling back a bit. There's plenty more good times to come.

https://ripple.com/forum/viewtopic.php?f=1&t=3898

[tokeweed]

I bought a token amount of XRP at .81, but honestly not sure where it will go from here.  The ZipZap news should have moved it more, but the client has so many problems that I'm sure it has turned a whole lot of people off to it.

I still think XRP has room to run upwards but if it drops much from here, I might bail on it.

It more than doubled against the dollar before pulling back a bit. There's plenty more good times to come.

https://ripple.com/forum/viewtopic.php?f=1&t=3898

that's doubtful. and there's no official announcement. there ought to be one.

after money2020, xrp is continually trending down and may continue for weeks. but who knows. i guess it would be better to trade some of my holdings of xrp for btc to be safe.

[Sukrim]

Well, XRP usually went down when BTC went up against the Dollar.

With so much mistrust against USD (2 days to go until bankruptcy of the issuer?) of course BTC are trending up heavily. This creates a downward pressure on XRP, which are very easily exchangeable for BTC after all (which is kinda their purpose).

There is no need to hold any significant amounts of XRP unless you want to start/build a service or want to speculate on them (which I really wouldn't recommend at all, considering ~96% of them are not even in circulation!).

Ripple is not XRP and if you are invested in XRP, you would better stop posting on forums and start building services just like if you are invested in BTC you should better increase adoption than building bubble after bubble.

[superduh]

what's the going rate now?

[MAbtc]

what's the going rate now?

Ripplecharts says 135 XRP/USD, don't know how up to date it is, though. I don't log into the client anymore..... dumped the last of my XRP last week at break-even. Need all funds available for BTC.  Frankly, I thought there would be more price movement on the open source and zip-zap news. So it goes....