Am I the only one laughing at the butthurt over Ripple?

[solid12345]

I don't own any but it's funny to see people on hearing getting their panties in a wad, calling it a scam, centralized crap, etc. when this forum is nothing but full of alt coin scammers and naive kids who give away their money to scammers and fall for the same thing again week after week.

If only this much energy had been spent in cleaning up the alt market, hell better yet, instead of whining about corporate coins or a lack of volume, go buy an established, respectable coin that's been around for months. But right, that doesn't pump within a week so hence I can't make money there fast...

[tokeweed]

people miss trades from time to time, it's part of the game.  but one thing i wouldn't do again is be close minded like i was back in the day when BTC was trading under a dollar.

[Honeypot]

You and me both, solid12345

[balu2]

dude, those days are over. Scammers invest now huge amount of time and effort to make it look better and sell even fewer. Forum is a ghosttown by now.Look at view-count of new threads. People aren't reading this messy forum anymore.

[sniveling]

Someone posted a graph of new coin launches over time. The most new coin launches occurred at bitcoin price peake and vice versa. We are currently at a low point for new coin launches, probably because nobody is likely to risk investing in anything new when most coins are crashing.

[AltcoinInvestor]

There'll be many buthurt over Ripple.

Now it's time to "dump all xrp's by ripple team"

[tokeweed]

not until it goes a little bit higher, i hope. 

[Anotheranonlol]

bitcoin and ripple should coexist perfectly in different roles, see it like money & antimoney http://phys.org/news/2014-04-econophysics-antimoney-financial-crisis.html  2.0 platforms rather than shit clones are the way forward but the recent spikes seem too much, too quickly.. doesn't seem to be that much of a fundamental sentiment shift happening overnight

The public available market cap of ripple is nearly 3x that of every altcoin combined.. the actual cap has gone up more than half a billion dollars overnight (again more than every altcoin combined) and the actual market cap is almost 9 times the worth of every altcoin there.  I guess some are imagining XRP is the replacement for BTC or XRP are shares in ripple labs, yet you don't actually need more than a modest amount of XRP (As a bridge currency) for anti-spam means- if rl adjust the anti-spam requirement to reflect the recent rises, there is plenty enough to go around for every single person on earth (unlike with BTC) XRP token itself wasn't designed as a store of value like it's being used now.  

In the top 10 it's a sorry sight right now:



Only XRP,STR, XCP in the green right now-- so no surprise a lot of people in BTC will be left frustrated at the recent ripple rally.

speaking of which, orderbooks still filled with suspicous tx's - https://forum.ripple.com/viewtopic.php?f=1&t=8668
still clogged with spam tx, obviosuly ripple labs directly incentivizes - maybe directly employes market makers, this is childs play compared to what many of them are used to dealing with but you would be forgiven for this kind of movement being remiscnent of the willy run up.

this screenshot was taken minutes ago:



question- When ripple action slowing down where do you think the XRP will go- into fiat to interact inside ripple ecosystem or back to a 'traditional' crypto?

[nextgencoin]

I don't own any but it's funny to see people on hearing getting their panties in a wad, calling it a scam, centralized crap, etc. when this forum is nothing but full of alt coin scammers and naive kids who give away their money to scammers and fall for the same thing again week after week.

If only this much energy had been spent in cleaning up the alt market, hell better yet, instead of whining about corporate coins or a lack of volume, go buy an established, respectable coin that's been around for months. But right, that doesn't pump within a week so hence I can't make money there fast...

Because the price went up its somehow not decentralised?

It's actually no where near past highs by the way. I don't hate Ripple I used to own some but it's a pain in the ass currency to deal with, all the trust thing is frustrating to use. Will it get built upon by banks etc, maybe and at least it's not printable fiat. Ripple is kind of dull whatever the price is IMO. Ripple was a gateway for me personally into crypto currency, that's the best thing I can say about it.

[solid12345]

Because the price went up its somehow not decentralised?

Not at all but anything centralized automatically gets labeled scam around here, even though every company in the world is centralized. It's a compay selling a service, just because people dislike it doesn't make it crooked either.

[CoinCidental]

whats a ripple ? 

[Anotheranonlol]

Because the price went up its somehow not decentralised?

Not at all but anything centralized automatically gets labeled scam around here, even though every company in the world is centralized. It's a compay selling a service, just because people dislike it doesn't make it crooked either.

many are speculating on XRP right now because it's hot. Regardless of whether it's quasi-centralised or not.  When it ceases to be so hot people will have a choice to stay in XRP, move around the xrp ecosystem (e.g to fiat IOU's) or back to a traditional cryptocurrency

my assumption is it when the slowdown comes (squeeze even) users will be more likely to get out of ripple and into a traditional crypto, partly based on the following,

Individual account freezing

The individual account freeze feature is necessary to allow gateways to comply with regulations. The feature also allows gateways to hold funds when necessary. Finally, a gateway may permanently opt out the ability to use this feature.

If an account has currencies from multiple gateways, only the particular issuances from the freezing gateway are frozen. As XRP does not have an issuer, it cannot be frozen.

The freeze feature enables gateways to immobilize funds in accounts that they believe have been hijacked or otherwise engaged in suspicious activity, or in cases where funds in an account are subject to a dispute. When an account is frozen, gateways can collect information, further investigate, and resolve the situation, while maintaining user funds in the user’s account.

Example use cases:

    Holding funds when a user believes their account has been compromised.
    Holding funds for purposes of dispute resolution.
    Holding funds involved in suspicious activity.
    Holding funds in the case of an account that is violating the gateway’s terms of use.

A frozen account will be only be able to send its balance of the gateway’s issuance directly to the gateway, this allows trust lines to be removed on frozen funds. A frozen account may also receive more funds, but these funds will also be frozen.

Ripple already has  60%+ the market cap of bitcoin right now, unless you beleive it will overtake bitcoin and see another 40% growth
it could be better to pre-empt a move down by investing in BTC at a slump rather than ripple at a peak, especially if you've already made decent returns in ripple..(or maybe monitor for funds moving into the 'cheaper but same' stellar)

[gjhiggins]

Someone posted a graph of new coin launches over time.

<-this one?

If so, it's updated regularly and currently available on Minkiz' landing page: https://minkiz.co

The chart is a rendering of the publicly-[available|owned] DOACC altcoin metadata collection (https://github.com/DOACC/individuals).

I have a holiday task of writing the documentation that describes the principles and coverage of DOACC, plus how the data can be used very simply to create charts like the above.

Cheers

Graham

[God27]

whats a ripple ? 

The opposite of a bubble. 

[CoinCidental]

whats a ripple ? 

The opposite of a bubble. 

thx but no thx
i think il stick with good ole btc

[jeliman]

I bought xrps at 0.005 USD, no good time to buy now, it feels like buying BTC year ago at 1200 usd.

Few days ago a friend of mine told me he plans to buy XRPs with most of his BTC and that he feels that in a very short term BTC will go down, XRP up. Hell he was right !!

[Kearney52]

I bought xrps at 0.005 USD, no good time to buy now, it feels like buying BTC year ago at 1200 usd.

Few days ago a friend of mine told me he plans to buy XRPs with most of his BTC and that he feels that in a very short term BTC will go down, XRP up. Hell he was right !!

your friend make a good decided. but i think bitcoin still no.1 in a long time