ripple is the biggest scam coin then comes quark
How is Ripple a scam?
Ripple isn't really decentralized.
You can look at this site if you want :
http://ripplescam.org/The informations on there are mostly wrong or misleading and there is no way to post comments to give a different opinion or updates (they are just not being "approved") like Ripple actually being Open Source for months now.
Please do some real research,
https://www.google.com/search?q=bitcoin+scam turns up also pages that are very similar to ripplescam.org and still I rarely see people around here arguing that Bitcoin itself is a scam.
+1
Just because some state something it doesn't make it so! Also there are lots of maybe well meaning folks that are simply wrong when they state certain things.
Beware of anything and everything you read in these parts, and elsewhere, about any and every crypto, plus others such as Ripple. Some of it is clearly incorrect. And some are on a cruel mission to discredit honorable intentions by others.
As for Ripple - it is NOT a scam. Not in the least! First and foremost Ripple is an electronic railroad of sorts. For hopefully a superior, more efficient, and much less costly Payment and Transfer of Funds Network. As compared to the present ones utilized at banks, western union and pay pal for instance.
There is as much disinformation and misinformation as there is accurate information concerning many Crypto's, as well as Ripple and it's Payment & Transfer Network. In fact that's likely an understatement.
Ripple as a crypto-currency is merely Ripples requirement for it's Network of Services, not not meant to be Ripples main value, nor will Ripple be valued like for instance Bitcoin since Ripples are meant to be the small fees for utilizing the Ripple Payment & Transfer Network, at least if I understand it all correctly, and finally I think I for one do.
Ripple and Bitcoin are not in competition with each other in the real sense, unlike all the other Crypto's that of course are not bringing any such service feature as their main offering such as the Ripple Network offers right now.
Will Ripple succeed? Only time will tell. But it is offering a possibly game-changing era for electronic payments and transfers, much like what e-mail did to postal mail, and that right there very well explains how game changing Ripple is apt to be if proven successful.
Yet it's Bitcoin and other Crypto's that can ride on Ripples electronic railroad tracks for merely a few Ripples. So get one's facts clear before rushing to any conclusions first. Ripple is offering an Electronic Payment & Transfer Service first and foremost. It's "Ripples" are merely it's form of payment for said services. Much like a token elsewhere that one purchases for say maybe a bus or commuter train ride.
Starting out like Ripple did doesn't make it a scam. It doesn't matter if it didn't start out as open source either. It's Open Source NOW in case anyone cares to review all the source code from what I understand. As for not starting out Decentralized well yea, that's true. Instead another novel approach was had. And if one pays closer attention then they too can get plenty of free Ripple with all the giveaways. Or merely purchase as few as needed for their 'electronic postage stamp' needs as they arise.
Some think if it's not free, and Open Source, and Decentralized then it's no good at all. Or if the developers were greedy then it's no good at all. Well I likely have a real shock & awe breakthrough below for those types!!! Those same types would likely prefer Communist China too, as long as their the Dictator in Chief that is! These same ones are often as hypocritical as it gets when they then turn around and play the Pump and Dump with many others, or maybe pass along misinformation and disinformation without fully vetting that data first themselves. Or merely want to ride the coat-tails of what they believe to be the best Crypto's around without themselves doing much if anything for the causes herein.
Since the reader made it this far: Figure out which crypto is by far to date the most profitable for it's creator(s) when it comes to the greed level of it's very own creator(s).
Hint:
Bitcoin Mints Its First Billionaire: Its Inventor, Satoshi Nakamoto
https://bitcointalk.org/index.php?topic=37333.0;allhttps://www.youtube.com/watch?v=AWtNeaZxT54http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamotohttp://motherboard.vice.com/blog/who-is-satoshi-nakamoto-the-creator-of-bitcoinhttp://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/Then look at the link below and notice that one cannot even tell by the graph that bitcoin was essentially massively insta-mined:
http://cryptometer.org/bitcoin_90_day_charts.htmlhttp://cryptometer.org/index.html No, I am not against Bitcoin. Instead I am a firm backer of it, and any other deserving Crypto type too. I just refuse to play favorites, or hide any of the truth's.
Back to Ripple. Ripple is no more a scam than any of the other Crypto-Commodity-Currencies. period. Fact is none of the Crypto's so far are anything remotely like a 'scam' since their very foundations are Bitcoin, at least all but the other novel types which are very few so far in number, and even they so far haven't been 'scams' at all. In fact the original founder of Mt. Gox is one of the founders of Ripple. And that gentleman has done a ton for Bitcoin in many various ways that obviously few even realize since they too haven't done their due diligence anywhere near as much as they had likely thought they have already! Instead they merely drank some cool-aid and took the hook, and line, with the sinker too. And swallowed it all whole when it comes to Ripple!
On to Crypto's in General:
Just because so far not enough organic support has been had to usher in other crypto's to the level of bitcoin that doesn't mean it will always be that way. In fact somewhere during 2014 to 2016 will very likely be the arrival period of crypto's such as LTC and PPC into the mainstream, and very likely many other types of Crypto's too. Maybe not..., but I for one believe strongly this will be extremely motivated by those with larger stakes in them, and they plus others will blaze similar trails, just like Bitcoin already has. And it's apt to be an easier trail to blaze since Bitcoin already cut a path and broke through the forest, so to speak.
With about 200 countries and over 7 billion souls on board this ship called earth the odds are extremely high imo that many types of crypto's, if not over a dozen, and ultimately maybe even dozens of crypto-currencies end up extremely well adopted thus successful long term. The only question is are they mostly already here, or are they mostly yet to even be created?
Sure, some are more greedy, and others even much more unethical than others. That's the way of this world btw. But once the dust settles all that matters is how well their Adopted by the mainstream users, thus how well their MARKETED, and of course their very Foundations too, that are likely to set them up for the longer haul to the success circle of winners, at least as far as I am concerned that's how I see all this playing out.
As for those that demanded more through either pre-mining or insta-mining, well as long as their greed factor wasn't too outrageous it really might not make any difference, and might just encourage those same developers to be much better motivated in making their creations a success in the longer term. And even if they are extremely greedy or demanding it doesn't make that a bad thing. At least for certain ones, if not many of them. Satoshi obviously deserves much credit and a ton of compensation. Yet so to does anyone else bringing new developments to the table, as in superior offerings. As long as the marketplace deems them worthy. It's not up to any of us, except as a group, as in the entire marketplace. And those that keep slighting and slanting things for their very own selfish, self centered greed are the lowest of all imo.
Obviously there are many pump and dumps, but not really by design, instead merely opportunistic folk seeking opportunity with through new services or products. Except for maybe certain types which were mere copy cat clones offering little to nothing new at all, not even maybe a wonderful brand name which really helps in marketing anything to the masses!
Simply put there is nothing wrong with demanding everything that the marketplace is willing to pay, up to a point at least, as long as it's not overwhelmingly a ripoff. Just like for instance our existing traditional debt fiat currencies loaned to all of us at usury rates of interest into perpetuity, and at such increasingly ruinous levels of interest payments that the debts are obviously both UN-payable, and unsustainable without what's laughably termed QE to near infinity at this extreme point in time, and all to merely attempt re-balance things barely enough to make it sustainable for another short while, all in the mean time is destroying the fiat savings of the masses of fools tolerating such blasphemy and evil, and that has enslaved many generations for the last century, and even longer in some parts of this world we share.
I laugh all the time with the sorry state of bad information and wishful thinking around here. And the double standards many have. In fact maybe my own thoughts about just how many crypto's that will ultimately break through to see wide spread adoption is totally incorrect. Okay. But I for one will never merely trust and store my own assets in just one, two or even just three crypto types unless I am forced to do so, nor trust merely just one major type of traditional fiat with my liquid currency savings either. No chance of any of that ever again.
Just realize their is a shit-storm of bad information and many parrot types thinking it's their duty to keep spreading (parroting) the very same misinformation and out right lies simply because they of course believe it's the gospel truth themselves are are trying to help others in the process of their efforts.
There are lies, damn lies, and then there are Crypto-Lies. Best advice that anyone here can offer is do your very own due diligence and don't take anything offered at 'face value'. Instead always VERIFY. verify, verify. Otherwise the reader may end up getting played by the very ones he least suspected.
For the NOOBS; click on the names of each the Crypto-types at
http://coinmarketcap.com/ and start your own due diligence research there. Then of course explore this board, and use
https://www.ixquick.com/ and
https://startpage.com/ to safely and privately do your own searches on the web.
Learn what all the various terms mean, compare the differences of each type of crypto, figure out which types are superior or offer something different, and which offers something else as well. Then ask yourself what is each one really aimed best at if anything in particular (target audience). Then realize this is all a community effort. Without us, or others supporting any of them these are not going anywhere.
IMO: Odds are extremely high that many more than merely Bitcoin succeeds in the longer term, as does Decentralization of much more than mere currencies also succeed in the longer term. But it will take just as much community effort to make any of that happen. Bitcoin backers in general are not other crypto-types friends. Where as other types of crypto's are indeed supporting Bitcoin's meteoric rise by utilizing bitcoin to trade into and out of other crypto's so far. But that's about to end as soon as fiat to crypto is allowed, and when that hits suddenly the need for bitcoin to trade other crypto's is greatly diminished, oops. And unless Bitcoin backers care to be friends instead of foe then it's goodbye to needing bitcoins to trade anything else as far as some will be concerned and then finally Bitcoin will be left on it's own to fend for itself, just like every other type of Crypto.
The point is no one is going to make anything succeed without a lot of real effort. Same thing for bitcoin. A lot of effort went into making Bitcoin get to where it is today. But it's not as advanced as certain other crypto types, and not as efficient to utilize as certain other crypto types, nor as well thought out either. Simply put bitcoin was the first, and everything else is built and designed with it in mind, but in general tried to improve upon that original Model T Ford (bitcoin), if one catches the point I am making. Yet Bitcoin has a substantial lead, and has broken through and become nearly a household name and brand. The other Crypto's have a long way to go to get that far, and a lot of efforts will be required to get that far to say the very least.
Caveat emptor - let the buyer beware!
