Quote from: kelsey on January 02, 2017, 01:17:03 AM

oddly enough though as a whole thats what the crypto community itself is continually doing Lips sealed

Exactly, the crypto community, but Ripple's main audience at the moment would prefer Ripple's distribution method over Bitcoins mining operations that is currently controlled by China.

Quote from: alyssa85 on January 02, 2017, 04:58:05 PM

Does anyone actually use Ripple? It's been around for so long, but there doesn't seem to be any community around it, not an eco-system of people using it.

There is a crypto community, small but very intelligent group of people. Most are from different background than the typical crypto enthusiast and seem to be in a higher age bracket. Ripple's current audience at the moment seems to be more centered around the financial industry and market makers involved in producing cross boarder transactions.

Quote from: Shiroslullaby on January 02, 2017, 09:50:51 PM

I liked some of the things that I read about Ripple, but every time I look at the available number of coins, it causes me concern.
Right now there are over 36 BILLION coins in circulation.
I just don't like that distribution model, personally. Its a minor thing since most Bitcoin transactions are measured in Satoshis these days.
But I prefer smaller numbers of overall coins minted.

I agree that the total supply is intimidating but as you pointed out it really doesn't matter when it comes to utilization, only speculation.

Quote from: bbc.reporter on January 03, 2017, 01:30:33 AM

Was there a press release before they sold their bags in the market? How did they release the 333 million XRP? Did they sell it in Poloniex or some other exchange? Did they sell it over the counter to a whole sale buyer? Those details should be known by the community.

Maybe they did it to raise their market cap because Monero is gaining on them. What are they going to do next release more in the market to raise it to a billion? Because that is where Monero is going.

I also believe it is bull crap that they just randomly distribute coins. I believe it is a big reason why investors are afraid to trade it. They do not sell on Poloniex, I have personally asked but I assume it is on a Ripple Gateway. I agree we should know, there some be a scheduled, set amount form of distribution. Also, Ripple doesn't care if Monero takes over their coin market cap, only us Cheesy

Quote from: J1mb0 on January 03, 2017, 02:02:42 AM

Quote from: dwgscale11 on January 02, 2017, 12:02:55 AM

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

They don't. It's just a ponzi scam to cash in on rising BTC price.

Ripple is definitely not a ponzi. They have 10s of millions of dollars in funding to the point that they don't even need to rely on xrp. They only pay employees in xrp that want to be paid in it. From a speculative crypto investor point of view it may seem like a ponzi since it is isn't mined but it is the best as a utility for cross boarder payments serving as a no counterparty risk asset that is faster than and as reliable as any other crypto out there. If there were more volume I would use it as a vehicle to transfer my btc from account to account. I could go btc to xrp to xrp to btc in seconds compared to an hour going btc to btc.

Quote from: Zeta0S on January 03, 2017, 02:12:34 AM

Can Ripple labs just create Extra Ripples whit push on a button?

No there is a limited supply with no inflation. Actually, transfers fees are destroyed so the total supply actually decreases.

-----------

HOW ABOUT BITCOIN!!!!!!! To the moon!