Quote from: ParabellumLite on December 30, 2017, 03:20:09 PM

Quote from: nioc on December 30, 2017, 03:10:00 PM

Quote from: ParabellumLite on December 30, 2017, 02:53:18 PM

'Uncapped' is your first mistake. Ripple is capped at its current supply 'Banking scam' got strong conspiracy ish connations to that, but feel free to believe that is the case.

You know what the fun part is? People like me can watch you guys bask in ignorance for months and years to come, and still regurgitate the same false arguments all the way down. This place is and has always been a perfect example for what cultism and group think might lead to, and in that sense, I look forward to the weeks and months to come.

I could swear I have seen the supply increase by billions this year.

Anyway it's good to see that ripple is p2p, decentralized and censorship resistant

Thanks

The supply stands at 100 billion: more cannot be made. But the circulating supply increases, due to Ripple Inc holding on to about 60 billion XRP at this point (which are placed in escrow by the way, and only gets released in small batches). Ripple uses this 'war chest' of XRP to attract new partners, all of which that buy it are restricted it dumping it on the market as well. I do remark on that, as there is some kind of 'idea' - a poor one that is - within this community that Ripple can just nuke the market at once. Anyone that even followed the company longer than a day knows that would run counter to everything it stands for, but since most people here haven't even read more than a tweet about Ripple I will suffice by saying that much.

Ripple is actually quite decentralized nowadays. You can inform yourself here: https://ripple.com/dev-blog/decentralization-strategy-update/ And now to totally piss you off: what do you think about this:
https://i.imgur.com/UMosX0E.png ?

Is this 'not' centralized?

The big irony of some of you oldtime Bitcoiners is that you just cannot see what is unfolding in front of your very eyes, that being that BTC is actually at this point more centralized than XRP. Good luck defending the opposite point of view.

Thats an old image? Slush Pool is not 2.5% of the network....