Proof that Ripple numbers are manipulated by Coinmarketcap, there is no boom!

[LiteCoinGuy]

most people know that it is Ripple-Scam  

the company can change everything. thats a sad joke. to compare ripple with bitcoin is ridiculous!

[HCLivess]

I dont know... I sold it with success 

[TheWhale]

most people know that it is Ripple-Scam  

the company can change everything. thats a sad joke. to compare ripple with bitcoin is ridiculous!

How can they change everything? It sounds like YOU have no idea about what you are saying. Sad.

[birr]

is there a way that I can get my coins back to my BTC wallet?

You have three choices:

1) Follow snapswap's withdrawal process. I've never withdrawn BTC from snapswap, but the usual way is that they give you a destination tag, you make a Ripple payment in BTC to their address with that destination tag and they credit your snapswap account. Then you withdraw to a BTC wallet using their web interface.

2) If you don't like snapswap's withdrawal process, exchange your snapswap BTC inside Ripple for another asset that you can more easily withdraw.

3) Make one or more direct payments to Bitcoin addresses from the Ripple client.

Okay, but as long as I have them converted as BTC into my wallet at ripple, then I should get that exact amount of BTC at some point, correct?

Maybe, maybe not. That's up to the gateway. Ripple can't force anyone to give you BTC if they haven't agreed to do so. I believe snapswap BTC can be sent over the outbound bridge at no fee, meaning you should get the exact amount out if you send to a Bitcoin address from the Ripple client.

Thanks for the helpful info, JoelKatz.  I recently started using ripple as an exchange for buying and selling snapswap btc/usd.  I withdraw btc over the bridge.  I didn't know about the withdrawal process you outlined in 1) above.

[tokeweed]

withdrawing straight to your bitcoin wallet via the BTC bridge is fine as well.

[tokeweed]

most people know that it is Ripple-Scam  

the company can change everything. thats a sad joke. to compare ripple with bitcoin is ridiculous!

How can they change everything? It sounds like YOU have no idea about what you are saying. Sad.

it's because..

[Agestorzrxx]

I only check the price. It's nearly double.

[birr]

1) Follow snapswap's withdrawal process. I've never withdrawn BTC from snapswap, but the usual way is that they give you a destination tag, you make a Ripple payment in BTC to their address with that destination tag and they credit your snapswap account.

The snapswap.us website claims you can send, trade, receive "any currency."
After logging in on snapswap.us, the only thing they let you do is deposit or withdraw dollars.  My snapswap bitcoin balance doesn't even appear in the account history.
Can you please explain this?  And how to use snapswap with btc?  As it stands, I have to do everything through rippletrade and the bridge.

[tokeweed]

how come people are still talking about ripple?

[ToKeD]

Market cap in crypto is the biggest joke i've heard. It's a false representation of the true value to a coin and gives those outsiders hope that something big is on the other side. Value should be based upon liquidity and distribution of the currency.

With a first sale on an exchange in any crypto the "market cap" is set based upon price of trade multiples by the distribution of currency. This is a horrible way to represent the value that backs the currency as it instantly creates a unrealistic monetary value. The longer people believe the system of coinmarketcap is true the more will have legitamate legs to stand on, so sad as many will be taken advantage of.

long time lurker of this community and happy to join this discussion,

-T

[Levitron]

Market cap in crypto is the biggest joke i've heard. It's a false representation of the true value to a coin and gives those outsiders hope that something big is on the other side. Value should be based upon liquidity and distribution of the currency.

With a first sale on an exchange in any crypto the "market cap" is set based upon price of trade multiples by the distribution of currency. This is a horrible way to represent the value that backs the currency as it instantly creates a unrealistic monetary value. The longer people believe the system of coinmarketcap is true the more will have legitamate legs to stand on, so sad as many will be taken advantage of.

long time lurker of this community and happy to join this discussion,

-T

Welcome to the world of digital penny stocks

[ToKeD]

Market cap in crypto is the biggest joke i've heard. It's a false representation of the true value to a coin and gives those outsiders hope that something big is on the other side. Value should be based upon liquidity and distribution of the currency.

With a first sale on an exchange in any crypto the "market cap" is set based upon price of trade multiples by the distribution of currency. This is a horrible way to represent the value that backs the currency as it instantly creates a unrealistic monetary value. The longer people believe the system of coinmarketcap is true the more will have legitamate legs to stand on, so sad as many will be taken advantage of.

long time lurker of this community and happy to join this discussion,

-T

Welcome to the world of digital penny stocks

Reminds me of the wizard oz. Following the yellow brick road....

I really find the manipulation of price in crypto amusing. I assume this has been the way things have gone forever excluding crypto.

*cough* federal reserve *cough*.