Post
Topic
Board Altcoin Discussion
Re: Ripples/XRP - I'd like to buy yours! [1 BTC per 15,000 XRP]
by
mokahless
on 08/05/2013, 03:10:28 UTC
Why are you buying something that techni cally isn't even a coin and gets destroyed during each transaction?

Because you can trade it for more at bitstamp and instantly profit 40%  Smiley

Yeah, but the price fluctuates quickly. The majority of bitstamp offers are over 12,000 (worse then my offer) - there is a small amount of people willing to do better, and that could evaporate by the time the trade is over.

Anyway, the Ripples I'm buying, I'm holding for the long run, as I think it has lots of room to grow. I could be wrong, it's a gamble I hope will pay off.

I checked just now and the price was 7780 for 1BTC. I made a successful trade and it is still the ask price.