Post
Topic
Board Altcoin Discussion
Re: HELP: have some difficulties to fully understand Ripple...
by
Coinseeker
on 06/05/2013, 15:35:42 UTC
That sounds more like it.  I'd like to get a definitive answer on that so I can be absolutely sure but my thanks to you.  I saw you over at the Ripple forums, so I know you've been engaged in Ripple. (Meaning not just some driveby poster._  Grin

I can't give you an authoritative answer on that, sorry, but this confusion persists for quite some time and it confused me at first too.

Somebody just got their numbers backwards Smiley

I know right?  Grin  I think you nailed it.  I was just reading a thread over there and someone referred to the pricing in the same manner as you.  It wasen't a direct converstation on what I asked but the mention was something like, "...65 XRP to $1 USD"...in the context of their converstation.  Not to mention, the math mostly works especially when looking at what Bitstamp is charging for XRP.  And actually at current prices, they're coming a little short at 50XRP/$1.