What the rise in Ripple means.

[unent]

Don't rule out the Litecoin 

Better tell them Charlie Lee and give back to the people!  What does Charlie need 20% of LTC for?!  The people starve while Lee eats cake.   

Does that guy do anything but attend conferences?

Yes, he eats little cakes provided by conference organizers while attending conferences.

[sdersdf3]

Don't rule out the Litecoin 

Better tell them Charlie Lee and give back to the people!  What does Charlie need 20% of LTC for?!  The people starve while Lee eats cake.   

Does that guy do anything but attend conferences?

Yes, he eats little cakes provided by conference organizers while attending conferences.

Yeah, thanks for clearing that up.

[TinEye]

Investors made a huge deal out of protesting this, and the developers acknowledged their concerns and are going to redo the testnet sharedrop.

I don't see it anywhere. I can see two threads full of crying and fighting by your investors who realised they have been screwed again. In the end, like the October change, they will suck it up as they have no other choice.

The devs are making a good business out of it, repeatedly finding more ways to screw their own followers.

[TinEye]

Don't rule out the Litecoin 

Get out as fast as you can. It may go up a little, but its time is over. A poor man's Bitcoin, and thats being generous.

If anyone moves away from Bitcoin, there are so many alternatives which provide some feature which is lacking in Bitcoin. Litecoin has nothing except 4 times the speed.

[smoothie]

The rise in ripple means PUMP N DUMP....large holders looking for ways to cash out.

Reminds me of the time Ripple had a booth at one of the 2013 conferences I attended. It was obvious they were a scam coin. Litecoin never needed a booth. lol

[tokeweed]

let the hate flow thru you.

[robrigo]

The BTS changes can't really be dismissed as 'botched PR moves'
The BTS devs (and community, I assume) seem to have changed a lot of the basic structure of how BTS will work, and they're continuing to do this.
This is much more than PR, this is about the basics of how stuff works (or not).

BTS has always been an experiment; what you say is "changing the basic structure" of BTS I say is evolving / adapting the protocol to a real world solution and figuring out what works. Would you be willing to elaborate specifically on the "stuff" you feel has been changed too much?

Investors made a huge deal out of protesting this, and the developers acknowledged their concerns and are going to redo the testnet sharedrop.

I don't see it anywhere. I can see two threads full of crying and fighting by your investors who realised they have been screwed again. In the end, like the October change, they will suck it up as they have no other choice.

The devs are making a good business out of it, repeatedly finding more ways to screw their own followers.

This was discussed on the latest Mumble hangout: https://www.dropbox.com/s/vbva1yhprfdtvcp/Mumble-2014-12-26-09-21-29-vx31.commandchannel.com-Mixdown.ogg?dl=0

Not everyone feels "screwed". And those that do are operating on false assumptions imo, despite the fact that there is a lot of good points. Basically, proposals and misinterpretations of previous discussion (sometimes due to language barriers) influenced the dissent you have mentioned. I personally think PTS makes a for a good control of the DPOS experiment because it is fully deflationary like BTSX was before the consolidation.

Which other project has open VOIP discussions around items of contention? It would seem there is a lot more rumor mill, FUD, and misinformation floating around the alt forum than most, and open discussion is to be applauded.

[TinEye]

Investors made a huge deal out of protesting this, and the developers acknowledged their concerns and are going to redo the testnet sharedrop.

I don't see it anywhere. I can see two threads full of crying and fighting by your investors who realised they have been screwed again. In the end, like the October change, they will suck it up as they have no other choice.

The devs are making a good business out of it, repeatedly finding more ways to screw their own followers.

This was discussed on the latest Mumble hangout: https://www.dropbox.com/s/vbva1yhprfdtvcp/Mumble-2014-12-26-09-21-29-vx31.commandchannel.com-Mixdown.ogg?dl=0

Not everyone feels "screwed". And those that do are operating on false assumptions imo, despite the fact that there is a lot of good points. Basically, proposals and misinterpretations of previous discussion (sometimes due to language barriers) influenced the dissent you have mentioned. I personally think PTS makes a for a good control of the DPOS experiment because it is fully deflationary like BTSX was before the consolidation.

Which other project has open VOIP discussions around items of contention? It would seem there is a lot more rumor mill, FUD, and misinformation floating around the alt forum than most, and open discussion is to be applauded.

Discuss openly and then rob the supporters, great plan

Everyone will not feel screwed, some will be making more at others expenses and they will be supporting the devs even more until they get screwed.

The other supporter before you says they will redo the testnet sharedrop. So all that crying worked for once then

[sdersdf3]

People are excited about Ripple but it is still off its old highs. Recently Dogecoin was an old favourite that rose back again after a prolonged fall. I believe this means major coins will have cycles of renewed interest.

The question is what major coin has had a prolonged drop and now is ripe for an up cycle?

Peercoin, NXT, Darkcoin, Quark?   (I hold none of these)

People are losing confidence in bitcoin and trying to figure out which altcoin will displace it. I think that speculation will intensify this year.

I stand by this remark - 2015 looks like the year of the bitcoin killer(s)/replacer(s).

[tokeweed]

i agree.

[arieq]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Agree, the point of crypto is decentralized currency which takes power away from bankers and puts it in the hands of people. Ripple just puts power back in the hand of central banks

[pragmatic gut]

"The point of crypto" ...... will determine itself.

Many side effects may come out along the way. Ripple is an insurance purchase for me.

From what I gather NXT and LTC had dubious rollouts with high percentage of coins held by a few. (If this wrong - then disregard)

...everything will be about the metrics of how a coin was rolled out and distributed ...

...I wish I knew how to calculate a coin roll out ...... who really cares about hype .... if the coin is only in the hands of a few?

[tokeweed]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Agree, the point of crypto is decentralized currency which takes power away from bankers and puts it in the hands of people. Ripple just puts power back in the hand of central banks

when did we the people ever get some "power"?  

anyway, if you're into empowering the people, here's a project that helps do that: http://weboftrust.net

guess where that's built on?

[sdersdf3]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Mostly agree - I don't think Ripple (or Stellar for that matter) is the bitcoin killer. Ethereum, Counterparty, NEM and NectarCoin look like stronger prospects.

[tokeweed]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Mostly agree - I don't think Ripple (or Stellar for that matter) is the bitcoin killer. Ethereum, Counterparty, NEM and NectarCoin look like stronger prospects.

nothing can replace BTC.  those projects mentioned above could complement BTC one way or another tho and in a way, piggy back on each other which isn't a bad thing imho.

you also forgot to mention NXT.

[achimsmile]

From what I gather NXT and LTC had dubious rollouts with high percentage of coins held by a few. (If this wrong - then disregard)

I can only speak for Nxt. The myth has held until now that the IPO (you have to do IPO because PoS coins can't be mined) was unfair.

Fact is that it was open for everyone to invest and claim a stake for almost 2 months. The problem was that only very few were interested.
0% was withheld for the devs. (If a dev invested, he woud have to buy the stake like everyone else)
In the end "only" 73 people invested (the distribution has changed quite a lot since, over 40k accounts now hold Nxt). But I don't see why it should be wrong.

The question has always been: What is a good distribution? <0,1% of worlds population hold bitcoin, this loos like "held by a few" to me.

[sdersdf3]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Mostly agree - I don't think Ripple (or Stellar for that matter) is the bitcoin killer. Ethereum, Counterparty, NEM and NectarCoin look like stronger prospects.

nothing can replace BTC.  those projects mentioned above could complement BTC one way or another tho and in a way, piggy back on each other which isn't a bad thing imho.

you also forgot to mention NXT.

NXT seems to offer more innovation than anyone, but the distribution thing seems to be a real reputation dampener - don't know enough about that issue. Only it's all I hear about whenever anyone brings up next.

[achimsmile]

Ripple will fall with bitcoin just wait for it. Problem is Ripple is older then bitcoin and hast still a community of the size of 5% compared to bitcoin.

Banks won't do shit.

Mostly agree - I don't think Ripple (or Stellar for that matter) is the bitcoin killer. Ethereum, Counterparty, NEM and NectarCoin look like stronger prospects.

nothing can replace BTC.  those projects mentioned above could complement BTC one way or another tho and in a way, piggy back on each other which isn't a bad thing imho.

you also forgot to mention NXT.

NXT seems to offer more innovation than anyone, but the distribution thing seems to be a real reputation dampener - don't know enough about that issue. Only it's all I hear about whenever anyone brings up next.

Distribution has improved quite a lot since a year ago.
It's definitely worth a look.