Post
Topic
Board Marketplace (Altcoins)
Re: Buying XRP
by
drawingthesun
on 15/04/2013, 16:26:04 UTC
Which is consistent, because there is much more than 1 million of btc in the world.

Not that much more, overnight these people have created a currency that is worth 10% of all Bitcoins.


Dude, Ripple was in development before Satoshi ever even released his source or whitepaper.


That's not the point, please tell me where I can download the client and contribute to the decentralized ripple network.

Also, the current ripple is different from the ripple that existed before Satoshi, research it. The old ripple system devised before Bitcoin did not have XRP, it did not have its own native currency units. And also Bitcoin was created and used and verified in the time its taken ripple to devise a closed source web service that primarily is used for people to buy more XRP with Bitcoin.

I hear you. But if you buy into Ripple, then you know it's early. There's plenty of time for them to make good on their claims before I'll lose any faith in their integrity and the soundness of their strategies. Ripple is just way more complicated of an idea than Bitcoin to implement.

Fair enough, I have my 50,000 XRP from the give away still sitting around, However I would rather they sit on my computer instead Smiley Also for the ripple system to be decentralized our computers should be able to donate resources towards the network (moving the transactions and information around, etc...) For Ripple to live up to its claims its needs to be 100% decentralized with OpenCoin having no effect on the network itself.

I just post in these threads sometimes so people know that XRP is all premine and the founders hold billions of them, some people looking to buy XRP for a lot of BTC might have a second thought about doing so. Ripple may one day be something grand, but at the moment its still like eCash, all under control of a single company that has taken venture capital, at odds with Satoshi's vision for Bitcoin.