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Author Topic: Strange times Ripple vs. Doge  (Read 784 times)
RawDog (OP)
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April 15, 2014, 07:45:51 AM
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If someone said Dogecoin would be worth more than Ripple a few months ago, everyone would laugh their head off.  http://coinmarketcap.com/  However, Ripple is sinking and Doggy is rising.  Ripple has an over $45 million investment behind it; Doggy has a pretty dog meme.  How unpredictable can cryptos be anyway?

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April 15, 2014, 08:21:58 AM
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If someone said Dogecoin would be worth more than Ripple a few months ago, everyone would laugh their head off.  http://coinmarketcap.com/  However, Ripple is sinking and Doggy is rising.  Ripple has an over $45 million investment behind it; Doggy has a pretty dog meme.  How unpredictable can cryptos be anyway?

No, it doesn't have a 45m $ investment behind it.
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April 15, 2014, 08:36:05 AM
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Not really strange. Doge is a plain, understandable coin with a popular meme It's similar to the rest of the coins, you can mine it, you can trade it, you can spend it. Easy and straightforward. Contrary to Doge, Ripple is a rather sophisticated stuff what most ppl around here don't even know what really is. It's complicated to handle, you can't mine, barely traded and you can't really spend it. In addition it has a bad reputation as closed source premined scamcoin (not true but popular misconception).
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April 15, 2014, 12:05:30 PM
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Available supply vs. total supply. Roll Eyes

Also "Ripple" is a payment network, you mean "ripples" or XRP in short.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
RawDog (OP)
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April 15, 2014, 12:18:01 PM
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Also "Ripple" is a payment network, you mean "ripples" or XRP in short.
Huh  It is so complicated - nobody will ever figure it out.  Who'd want to use it anyway?  How does anyone use it?  Who does use it?

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April 15, 2014, 12:33:14 PM
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People who want decentralized exchanges, off-chain transactions, ~5 seconds until transactions are irreversible... You can even trade Dogecoin on there! Wink

You use it by using either the official client or writing your own via the API(s) provided.

I use it, as do a few thousand other people.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
RawDog (OP)
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April 15, 2014, 02:01:13 PM
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People who want decentralized exchanges...
Hahahahaha! Good one. 

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April 15, 2014, 02:38:26 PM
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Well, apparently you either don't believe that people will want decentralized exchanges or you don't believe that Ripple qualifies to be called that.

I just assume the latter and would like to know your reasoning behind that. While storage of funds is not trustless (you can decide for yourself who is going to hold your funds/going to be your escrower), trading these balances is fully decentralized and open to anyone on Ripple.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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April 15, 2014, 04:16:01 PM
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I understand why Bitcoin is on top, Litecoin trails Bitcoin everywhere like a happy puppy, Ripple is wierd but lots of people have good intelligent arguments why it should be listed the way it is.  Dogecoin has meme power.  But how does Peercoin keep that value/market cap? It is used anywhere? It isn't in the media or anything, at least in the same way Bitcoin, Litecoin and Dogecoin are.  Peercoin's Reddit is dead compared to Dogecoin.  I'm not trying to be a hater, I really want to know what people think.

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April 15, 2014, 04:44:48 PM
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I understand why Bitcoin is on top, Litecoin trails Bitcoin everywhere like a happy puppy, Ripple is wierd but lots of people have good intelligent arguments why it should be listed the way it is.  Dogecoin has meme power.  But how does Peercoin keep that value/market cap? It is used anywhere? It isn't in the media or anything, at least in the same way Bitcoin, Litecoin and Dogecoin are.  Peercoin's Reddit is dead compared to Dogecoin.  I'm not trying to be a hater, I really want to know what people think.

Some coins have technical merit and some coins are purely 'pump and dump'.  Those coins you don't understand - probably the ones with technical merit.  Those coins you like with memes - probably 'pump and dump'.  Carry on.

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