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Author Topic: How do I get a small amount of BTC out of Ripple?  (Read 844 times)
Bit_Happy
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March 08, 2014, 05:25:57 AM
 #1

Send money.
Recipient
It wants a contact name or Ripple address, but I want to get it Out of Ripple, how?


Edit:
Never mind I just remembered this was related to Bitstamp

also related:

Who is the issuer of the bitcoins you hold in ripple?

The send bitcoins feature of the ripple labs javascript client uses an integrated "bitcoin bridge" operated by bitstamp. If the bitcoin balances you hold in ripple are not issued by bitstamp, there will need to be a payment path to make the conversion to bitcoins that are issued by bitstamp.

If there isn't a trust path available at this time you may have to redeem your bitcoins directly with the issuer. For ripple israel, its just one step in their customized client. For TheRock and justcoin just send the bitcoins to your account with these companies and redeem from their website to your bitcoin address. For dividendrippler, make sure your redemption address is set and send with the proper destination tag.

This is one of the big problems with the recent change ripple labs made in the javascript client, now that trust lines default to "no ripple", it will get harder and harder to find payment paths unless users explicitly enable rippling. A "ripple" system without the ripple will be much less useful.

Also, try sending a slightly smaller amount.

I suppose there also could be an issue with bitstamp's bitcoin bridge and you could try again later. But the most important question is who issued your bitcoins?

https://ripple.com/forum/viewtopic.php?f=5&t=5084

issuer of the bitcoins?
If there isn't a trust path available....?

You must be joking
(No offense to the Ripple guy)
This is unusable for the average person, and needs repair....somehow.

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
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March 08, 2014, 03:28:30 PM
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Ripple isn't really designed for the "average person".  It is more of a back-end protocol for businesses to integrate with and build on top of.  This will give average users the features and user friendliness that people are used to.  With infrastructure comes liquidity and that, in conjunction with market makers, will in turn increase the available pathways.
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