I'm surprised people aren't talking about this more, but OpenCoin's Patrick Griffin (EVP Biz Dev) just announced it a NYC bitcoin presentation a few days ago....that Ripple will be open source on Sept 26 (or end of the month at the latest)
Here is the Youtube vid...it is in the first one minute or so when he says it, so you don't have to watch for long:
https://www.youtube.com/watch?v=z71NwcHWBBg&t=1626I noticed some big buys of XRP last night, so I think people are loading up for this..seems like a good buying opportunity with not much downside but a lot of upside but you be the judge.
Also announced by OpenCoin as the top story here:
https://ripple.com/Here's an easy link to current price of XRP (in US$) -
http://rippleprice.comUPDATE: More positive news...likely ZipZap integration with Ripple.
http://www.thebitcointrader.com/2013/09/xrp-surges-nearly-300-in-just-over.htmlhttp://ripplefederation.org/news/looks-like-we-might-be-getting-some-big-news-from-zipzap?xg_source=twitterUPDATE 9/16..when I first posted this thread, ripple was at .006 USD per XRP. Now it is at .0083, up over 43% in under two days.
UPDATE 9/17.. Now it is at .0096, up over 60% in under three days.
UPDATE 9/18.. Now it is at .0110, up over 83% in under four days.
UPDATE 9/19 Still strong, holding over .01, and open source news is Front Page at coindesk.com:.
UPDATE 9/26 Open source announced as expected and up to .0132, up 120% from when this thread was first posted about 10 days ago.
UPDATE 9/30 Finally pulling back hard now..could be because the client software is an utter and total trainwreck and many people cannot even login.
http://www.coindesk.com/ripple-plan-make-software-open-source-september-26/XRP is moving on major news, and still moving upwards. It doesn't seem to want to pull back...more buyers coming in.
All-time high for XRP was about .021 several weeks ago. So it is still only half of that and has more room to go and not even be at record high.
AmazonStuff posted this later on in this thread and he makes some great points:
"Four events that make me feel that Ripple XRP will skyrocket in October
1. September 10
"Open-sourcing Ripple" Announcement
Everybody has already seen and heard that Patrick Griffin, Head of Business Development, OpenCoin Inc. in this video https://www.youtube.com/watch?v=z71NwcHWBBg&t=1626 (watch the next 20 seconds) made the big announcement about Ripple going to be open-sourced by the end of September (probably on September 26).
2. September 26
"Official" announcement
Many Bitcoiners are sceptical about this video and they want "official" announcement on Ripple Blog, it's probably a question of time when this is going to happen, probably it will be announced on the day when Ripple is actually open-sourced.
3. September 30
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.
4. October 6-10
Ripple at Money2020
Probably the first time many big players in the financial, banking and payments industry will learn about Ripple. Partnership with ZipZap expected to be announced. (Big!)