Why is Ripple price going mad right now?

[flipme]

The RIPPLE side wasn't the slow part of your transaction, though...
What about good old Craptsy? When are they becoming a real gateway?

Heres some background info on who's pulling strings in this new episode of the crypto adventure series.
https://bitcointalk.org/index.php?topic=688530.0

It'll be epic.

[BitCoin Operated Boy]

While the overhang of the Ripple Labs horde of XRP is very disconcerting, as is the falling out with Jed M, you can't deny that ripple seems to have a lot of development money and effort behind it.  They are clearly the most professional outfit in alt coins these days.

yup.  it's also worth mentioning that the stellar and bitshares teams are among the most professional too.

So is Paycoin team too, to add

[BitCoin Operated Boy]

If I buy XRP on Cryptsy, I can I withdraw it to a wallet?  How does that work?

Don't bother. Thet don't process withdrawals and deposits. I waited 14 days for my XRP to reach Cryptsy. They couldn't find transaction.

Before I withdrew 100k XRP to my Ripple Trade wallet and had to wait over 10 days to be processed. Cryptsy have had major issues with their XRP wallet for weeks

[swansong]

If I buy XRP on Cryptsy, I can I withdraw it to a wallet?  How does that work?

Don't bother. Thet don't process withdrawals and deposits. I waited 14 days for my XRP to reach Cryptsy. They couldn't find transaction.

Before I withdrew 100k XRP to my Ripple Trade wallet and had to wait over 10 days to be processed. Cryptsy have had major issues with their XRP wallet for weeks

yesterday i withdrew ripple and it took 5 minutes to arrive to my ripple trade wallet.

[bram_vnl]

The RIPPLE coin is a welcome gift for the financial industry.
The coin value is irrelevant for the ledger.

But why not fill it with value?
It comes for free, and any institution using it has the opportunity to make a market, starting from almost zero.
Its a dream come true for the industry players involved. They will make a killing.

Its the only system suitable for a transformation of the crumbling fiat network.
The walls are coming down just, the bottom is falling out.
For real world applications, any other coin, including Bitcoin of course, is completely useless as a transactional system.
RIPPLE is here, it works, and its being adopted. It delivers. Anything else is just toys.

It'll be bigger than Bitcoin ever was, and it will happen very fast now.
Its THE NEW MONEY. Get used to it, don't miss the opportunity.

lol lol lol look @ guldencoin a lot better

[BitCoin Operated Boy]

If I buy XRP on Cryptsy, I can I withdraw it to a wallet?  How does that work?

Don't bother. Thet don't process withdrawals and deposits. I waited 14 days for my XRP to reach Cryptsy. They couldn't find transaction.

Before I withdrew 100k XRP to my Ripple Trade wallet and had to wait over 10 days to be processed. Cryptsy have had major issues with their XRP wallet for weeks

yesterday i withdrew ripple and it took 5 minutes to arrive to my ripple trade wallet.

Lucky you

[Hyena]

I found this from the Nu community forum:
https://discuss.nubits.com/t/nubit-vs-ripple/893 (NuBit vs Ripple)

It's a good find in a sense that it refers to a vulnerability found from Ripple's and Stellar's software (https://bitcointalk.org/index.php?topic=823064.0).

[Sumerian]

Another Aurora coin.  The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years.   The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.

This and sheep. I'll never touch Ripple.

[Hyena]

Another Aurora coin.  The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years.   The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.

This and sheep. I'll never touch Ripple.

There will be more hacks, I'm pretty sure. As XRP price goes up they become target for hackers. Even if their protocol is secure their employees might not secure their holdings well enough. Also, a centralized corporation can be taken down, no problem. Seems like a classic pump and dump to me.

[ParabellumLite]

I found this from the Nu community forum:
https://discuss.nubits.com/t/nubit-vs-ripple/893 (NuBit vs Ripple)

It's a good find in a sense that it refers to a vulnerability found from Ripple's and Stellar's software (https://bitcointalk.org/index.php?topic=823064.0).

Proven to be nonsense. Justcoin made that up when their security was found to be lacking, and by doing so it tried to damage two sensitive projects by shifting the blame. The safety of the Ripple protocol has been pretty much confirmed by the XRP community. And they are critical, mind you.

[tss]

i like ripple as a concept and not a store of value. 
like bitcoin, ripple's value and usefulness remains regardless of price. 
on the other hand it's a controlled company and will not reform fiat just give banks more power over the masses.

[tokeweed]

2nd wave of profit taking incoming in 3.. 2.. 1..

[God27]

2nd wave of profit taking incoming in 3.. 2.. 1..

1.9...1.8...1.7...1.6...1.5...someone is propping up this market with double tops everywhere.

[Denker]

i like ripple as a concept and not a store of value. 
like bitcoin, ripple's value and usefulness remains regardless of price. 
on the other hand it's a controlled company and will not reform fiat just give banks more power over the masses.

And this is the reason why I will never ever support that shit!

[megashira1]

Whatever happened to ripple being some super centralized premine scamcoin?

[Yurizhai]

Whatever happened to ripple being some super centralized premine scamcoin?

That was a different era. Seems to me people are more open minded about cryptos these days, premined and a certain level of centralization are ok. It's not like 2 years ago where there was Bitcoin, 2 alts and Rippnasty.

[Hyena]

I think it poses a big question --- whether Bitcoin will remain due to it's advantage of being the first or will it be dethroned by others. Fact is that decentralization is the future. Everything that can be decentralized will be decentralized. Ripple is perhaps the last pathetic breath of the centralized money transmitting system that is based on debt (IOUs).

[Hyena]

Ripple crashing  

Stellar too some dude was so right about stellar a couple of days ago. Maybe he mentioned it even in this very topic? I wonder if there exists some technique already how to abuse these pump and dumps? Buy in at the first spurt and start gradually selling as it goes higher? Prices doubling seems to be very ordinary during pump-and-dumps and thus it would mark a safe bet when to pull out, right? I mean, normally pump-and-dumps make the price rise 3 to 10 times.

edit:
As XRP crashes, does that mean BTC will start to rise soon?

[Hollowman338]

TIMMMMMMMBERRRRRRRRRRRRRR

[3x2]

now the dump