imanikin
|
|
March 03, 2013, 11:23:11 AM |
|
Will BTC-E become a ripple XRP gateway?
what would that mean? They would issue btce-e IOU's on the ripple system. what would that mean? That would mean the one can trade on the ripple internal xchange using currencies BTC-E trades (such as LTC) against every other currency for which there is a gateway to ripple.
|
|
|
|
poly
Member
Offline
Activity: 84
Merit: 10
Weighted companion cube
|
|
March 03, 2013, 11:25:46 AM |
|
Will BTC-E become a ripple XRP gateway?
what would that mean? They would issue btce-e IOU's on the ripple system. what would that mean? That would mean the one can trade on the ripple internal xchange using currencies BTC-E trades (such as LTC) against every other currency for which there is a gateway to ripple. What does that mean? [/troll] I guess I don't understand the purpose of ripple and why it's used. Is it just a money transfer protocol or system; (like bitcoin???) Ripple is both a (scam & premined) currency (XRPs) and a confidence / debt based payment system. It's not going to be used because it's going to collapse when users realize that "1 BTC debt" is not "1 BTC". I can issue 1 billion bitcoins if I wanted to for example.
|
|
|
|
imanikin
|
|
March 03, 2013, 11:28:06 AM |
|
What does that mean?
[/troll]
I guess I don't understand the purpose of ripple and why it's used. Is it just a money transfer protocol or system; (like bitcoin???)
Ripple is p2p banking and credit the way that bitcoin is p2p cash.
|
|
|
|
420
|
|
March 03, 2013, 11:37:37 AM |
|
What does that mean?
[/troll]
I guess I don't understand the purpose of ripple and why it's used. Is it just a money transfer protocol or system; (like bitcoin???)
Ripple is p2p banking and credit the way that bitcoin is p2p cash. interesting concept but hard to make sense. the free market can do that in many different ways
|
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
|
|
|
imanikin
|
|
March 03, 2013, 11:41:28 AM Last edit: March 03, 2013, 12:11:29 PM by imanikin |
|
Ripple is both a (scam & premined) currency (XRPs) and a confidence / debt based payment system. It's not going to be used because it's going to collapse when users realize that "1 BTC debt" is not "1 BTC".
I can issue 1 billion bitcoins if I wanted to for example.
That's the same thing that was said about Bitcoin by some and still is. Time will tell, as usual... (BTW, the billion bitcoins you would issue would be actually poly-bitcoins IOU's, and not gateway bitcoin IOU's, and all ripplers would know that. So, your poly-bitcoins IOU's would be known to be worthless compared to the gateway bitcoin IOU's, which could be redeemed for real bitcoins from that gateway...) Ripple is a tool for doing things that Bitcoin can't. It's not "premined" because there is no mining in it. If you look at who is developing it (jed - the founder of MtGox), and the idea that it's based on, ( Ryan Fugger) it's clear that labeling it a "scam" is a matter of opinion. Whatever can be said about those guys, i would NOT call them scammers. It's funny how a user with an account that's not even a week old thinks himself qualified to say what's a scam and what will collapse and be used in the virtual currency world...
|
|
|
|
btc-e.com (OP)
Legendary
Offline
Activity: 1694
Merit: 1002
|
|
March 03, 2013, 03:21:40 PM |
|
Exchange works!
|
Bitcoin \ Litecoin \ Namecoin \ Novacoin <-> Exchange btc-e.com
BTC-E.com // Биpжa пo aвтoмaтичecкoй тopгoвлe Bitcoin \ Litecoin \ Namecoin \ Novacoin <-> Exchange btc-e.com
|
|
|
pyromaniac
|
|
March 05, 2013, 04:43:39 PM |
|
Exchange works!
Error 503 again.
|
|
|
|
zakalwe
|
|
March 05, 2013, 11:10:34 PM |
|
Exchange works!
Error 503 again. Still error 503....what's going on with btc-e?
|
|
|
|
Smoovious
|
|
March 05, 2013, 11:29:00 PM |
|
Exchange works!
Error 503 again. Still error 503....what's going on with btc-e? dev goofed something up and halted trading while they fix it. -- Smoov
|
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
March 05, 2013, 11:47:38 PM |
|
Exchange works!
Error 503 again. Still error 503....what's going on with btc-e? dev goofed something up and halted trading while they fix it. -- Smoov Please tell me you have this good authority. I have a lot of funds tied up on there from transactions yesterday.
|
|
|
|
CaptChadd
|
|
March 06, 2013, 12:08:25 AM |
|
Glad I got my funds out and onto my wallets. The prices on there was bound to start something bad happening, if its not Ddos it will be something else.
|
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
March 06, 2013, 12:11:25 AM |
|
Glad I got my funds out and onto my wallets. The prices on there was bound to start something bad happening, if its not Ddos it will be something else.
Can you confirm if you got your funds out tonight or was that previously? I have funds on there and I am very concerned. Can't believe my bad luck as the funds were only put on there yesterday :/
|
|
|
|
Smoovious
|
|
March 06, 2013, 12:22:59 AM |
|
Exchange works!
Error 503 again. Still error 503....what's going on with btc-e? Please tell me you have this good authority. I have a lot of funds tied up on there from transactions yesterday. dev goofed something up and halted trading while they fix it. -- Smoov dev said so himself... I was on at the time. They are apparently closing up a vulnerability they themselves found. and, just now: dev: i am think i am done dev: there is no hack/ no losses dev: its just my fault -- Smoov
|
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
March 06, 2013, 12:25:34 AM |
|
Exchange works!
Error 503 again. Still error 503....what's going on with btc-e? Please tell me you have this good authority. I have a lot of funds tied up on there from transactions yesterday. dev goofed something up and halted trading while they fix it. -- Smoov dev said so himself... I was on at the time. They are apparently closing up a vulnerability they themselves found. and, just now: dev: i am think i am done dev: there is no hack/ no losses dev: its just my fault -- Smoov Unless that dev is the hacker... :/ I can't even get on the site, it's completely down.
|
|
|
|
Smoovious
|
|
March 06, 2013, 01:14:39 AM |
|
dev said so himself... I was on at the time. They are apparently closing up a vulnerability they themselves found.
and, just now: dev: i am think i am done dev: there is no hack/ no losses dev: its just my fault
-- Smoov
Unless that dev is the hacker... :/ I can't even get on the site, it's completely down. The site only went down for a minute or two at the time trading was halted... it has been up since, with plenty of trolling in the trollbox, so if you can't get on, it is on your end. -- Smoov
|
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
March 06, 2013, 01:31:10 AM |
|
dev said so himself... I was on at the time. They are apparently closing up a vulnerability they themselves found.
and, just now: dev: i am think i am done dev: there is no hack/ no losses dev: its just my fault
-- Smoov
Unless that dev is the hacker... :/ I can't even get on the site, it's completely down. The site only went down for a minute or two at the time trading was halted... it has been up since, with plenty of trolling in the trollbox, so if you can't get on, it is on your end. -- Smoov Thanks for the info. There are other people on bitcointalk that have the same problem where they can't load the site. Can you see your funds? Can you withdraw?
|
|
|
|
Smoovious
|
|
March 06, 2013, 01:39:27 AM |
|
dev said so himself... I was on at the time. They are apparently closing up a vulnerability they themselves found.
and, just now: dev: i am think i am done dev: there is no hack/ no losses dev: its just my fault
-- Smoov
Unless that dev is the hacker... :/ I can't even get on the site, it's completely down. The site only went down for a minute or two at the time trading was halted... it has been up since, with plenty of trolling in the trollbox, so if you can't get on, it is on your end. -- Smoov Thanks for the info. There are other people on bitcointalk that have the same problem where they can't load the site. Can you see your funds? Can you withdraw? All my funds are fine, my pending trades are still intact. Trading and Deposit/Withdrawl are halted until dev is finished double-checking the site before operations are resumed. -- Smoov
|
|
|
|
thph
|
|
March 06, 2013, 01:46:06 AM |
|
i get the 503 error since hours, also right now. but when i use Stealthy i have access - all orders and balances in place. -edit- from germany
|
btc 1JZC6AfStkJ32mmhEkTjnfHZSFUHHzFhmD atb APdYw1DsN7zxgofHBq5cCgFFpjBY1MYDx5
|
|
|
nameface
|
|
March 06, 2013, 02:25:40 AM |
|
The exchange is up and running but withdraw/deposit are not working.
|
|
|
|
btc-e.com (OP)
Legendary
Offline
Activity: 1694
Merit: 1002
|
|
March 06, 2013, 03:41:37 AM |
|
The exchange is up and running but withdraw/deposit are not working.
Works
|
Bitcoin \ Litecoin \ Namecoin \ Novacoin <-> Exchange btc-e.com
BTC-E.com // Биpжa пo aвтoмaтичecкoй тopгoвлe Bitcoin \ Litecoin \ Namecoin \ Novacoin <-> Exchange btc-e.com
|
|
|
|