Re: Ripple reaches second place by marketing capitalization
>> > What should investors know before investing in XRP? > Investors optimize profit, not moral values. The links present some investment risks, including that investors could lose in war brought by decentralists, or lose to subjugation by greater centralists, etc. What the investor does with the information is of course up to them, but fool be they to not consider it. > Current bitcoin (and likely almost all of the decentralized crowd) is > unusable on large scale. Currently BTC is, others... maybe, maybe not. Even were some degree of centralization to be part of some designs, there's nothing that says Bank / Corp / Gov will must or should be the default permitted or rightful places to park, permanently or otherwise, the central parts of the designs. The communities and code could perhaps do reasonably well enough to select and maintain some supernodes. Coinspace is trying all sorts of new models, who knows which will prevail. > claims to scale to Visa's 50K tps). There are coins already proving out research beyond that, look for them. Beating plastic / global tps, expecting one coin to do it all, all sorts of other single focus arguments... while nice thoughts, aren't neccessarily requisite win conditions of this months or next years battles, or perhaps even the war. Being decentralized censor resistant, able to soak up and store value, to spend it wthin competing costs for similar old world transactions, with enough frequency and widespread uses that users will integrate it into their old world payment mix, freedom to travel from coin to coin via exchange, political, social, and much more to it than just "Visa". Allowing to be focused are traps that will kill you. > Too bad the Bitcoin founding father(s) didn't think about this outcome > and code the solution. Too bad as to luck of a first and one shot kill, though that wouldn't really be a rational expectation and they didn't really have to, they showed cracks in the defense, philosophical, legal, political, financial, operational and technical weaknesses, it's up to you to exploit them and take the fortress... the sooner and harder you roll, with sufficiently vast, advanced, sustained and united armada, the better your odds of winning.
Re: Ripple reaches second place by marketing capitalization
You're absolutely right about the marketing. We've seen an influx of "noobs" recently, and they tend to look for the "next Bitcoin"... IE something cheap currently, which can shoot up 10x 100x etc. Ripple will leave em bloody. I can't stand the coin, but I'd be lying if I said I didn't use it for a quick 5x recently. No shortage of sheep in this market, and so few people aware that bots are already doing their bot shit here, just like other markets. On Sat, Dec 30, 2017, 11:38 juan wrote: > On Sat, 30 Dec 2017 16:19:48 + > "J.R. Jones" wrote: > > > It's viewed as "the banker's coin" and run by them. > > It's everything cryptocurrency started out against. > > yep. I should have said a successful attack at the 'marketing' > level. > > One could argue the "crypto market" has decided that ripple is > oh so amazing, and "the market" is always right. Or, more > realistically, the market is manipulated and 'traders' behave > like sheep... > > > > > > > On Sat, Dec 30, 2017, 11:16 juan wrote: > > > > > On Sat, 30 Dec 2017 03:12:19 -0500 > > > grarpamp wrote: > > > > > > > > What should investors know before investing in XRP? > > > > > > > > > well...ripple looks like a successful attack on bitcoin, at > > > least for the time being > > > > > > > > > > > > > > > > >
Re: Ripple reaches second place by marketing capitalization
On Fri, Dec 29, 2017 at 03:57:00PM -0500, grarpamp wrote: > On Fri, Dec 29, 2017 at 8:21 AM, Georgi Guninski > wrote: > > What should investors know before investing in XRP? > > https://wikipedia.org/wiki/Ripple_(company) > https://wikipedia.org/wiki/Ripple_(payment_protocol) > > $100M Bank funded, massively Corporate and Government partnered, > inflationary, non-p2p centralized gateways, trackable, censorable, selling > their own premine / printing, digital fiat / fiat transport, etc. > > Some people are saying those things, users should research. > Investors optimize profit, not moral values. What is disadvantage to you well could be an advantage to an investor. Current bitcoin (and likely almost all of the decentralized crowd) is unusable on large scale. Numbers taken from Ripple's site, could be biased: BTC does 3 to 6 transactions per second, ETH 15 tps, XRP 1.5K tps (and claims to scale to Visa's 50K tps). Too bad the Bitcoin founding father(s) didn't think about this outcome and code the solution.
Re: Ripple reaches second place by marketing capitalization
On Sat, 30 Dec 2017 16:19:48 + "J.R. Jones" wrote: > It's viewed as "the banker's coin" and run by them. > It's everything cryptocurrency started out against. yep. I should have said a successful attack at the 'marketing' level. One could argue the "crypto market" has decided that ripple is oh so amazing, and "the market" is always right. Or, more realistically, the market is manipulated and 'traders' behave like sheep... > > On Sat, Dec 30, 2017, 11:16 juan wrote: > > > On Sat, 30 Dec 2017 03:12:19 -0500 > > grarpamp wrote: > > > > > > What should investors know before investing in XRP? > > > > > > well...ripple looks like a successful attack on bitcoin, at > > least for the time being > > > > > > > > > >
Re: Ripple reaches second place by marketing capitalization
It's viewed as "the banker's coin" and run by them. It's everything cryptocurrency started out against. On Sat, Dec 30, 2017, 11:16 juan wrote: > On Sat, 30 Dec 2017 03:12:19 -0500 > grarpamp wrote: > > > > What should investors know before investing in XRP? > > > well...ripple looks like a successful attack on bitcoin, at > least for the time being > > > > >
Re: Ripple reaches second place by marketing capitalization
On Sat, 30 Dec 2017 03:12:19 -0500 grarpamp wrote: > > What should investors know before investing in XRP? well...ripple looks like a successful attack on bitcoin, at least for the time being
Ripple reaches second place by marketing capitalization
> What should investors know before investing in XRP? There's this thing called ethical investing where investors don't invest in shit that harms people, the environment, slave labor, abortion, whatever they don't like. Given other fine cryptocurrencies and investment strategies, this one would probably top the list that any freedom, crypto anarcho, libertarian, decentralist, etc would want to avoid... https://www.reddit.com/r/Bitcoin/comments/2zaplx/ripple_ceo_says_bitcoin_as_currency_unneeded_to/ https://www.reddit.com/r/CryptoCurrency/comments/7mzcld/reminder_ripple_xrp_is_centralized_and_they_can/ https://www.reddit.com/r/btc/comments/7mz60n/ripple_is_not_mineable_it_is_a_centralized/ https://www.reddit.com/r/btc/comments/7mykhw/okay_this_ripple_shit_is_ridiculous_we_need_to/ https://www.reddit.com/r/Bitcoin/comments/6bt2yu/ripple_is_the_furthest_thing_from/ https://www.reddit.com/r/CryptoCurrency/comments/6bi958/ripple_was_100_premined_stellar_was_97_premined/ https://www.reddit.com/r/Bitcoin/comments/332qnf/ripple_a_centrallycontrolled_entity_with_the/ https://www.reddit.com/r/Bitcoin/comments/1ezeil/exposing_the_ripple_scam/ https://www.reddit.com/r/Bitcoin/comments/34zj70/fincen_fines_ripple_labs_inc_in_first_civil/ https://www.reddit.com/r/Bitcoin/comments/33fubn/ripple_freezes_1m_in_user_funds_time_to_remove_it/ https://www.reddit.com/r/Bitcoin/comments/268d9d/founder_of_ripple_is_announcing_he_is_dumping_his/ https://wiki.ripple.com/index.php?title=Freeze&oldid=9352
Re: Ripple reaches second place by marketing capitalization
On Fri, Dec 29, 2017 at 8:21 AM, Georgi Guninski wrote: > What should investors know before investing in XRP? https://wikipedia.org/wiki/Ripple_(company) https://wikipedia.org/wiki/Ripple_(payment_protocol) $100M Bank funded, massively Corporate and Government partnered, inflationary, non-p2p centralized gateways, trackable, censorable, selling their own premine / printing, digital fiat / fiat transport, etc. Some people are saying those things, users should research. > https://coinmarketcap.com/ Market Cap = current quantity * current price, not necessarily what amount of work / value was actually historically exchanged into it. Given a fixed 2M unit 100% preprinted coin stored and readied for sale in a warehouse, 1M units bought on day one for 1 cow total, then the other 1M units bought 10 years later for 1 cow each, does not make 2M cows worth, it makes 1M cows + 1 cow. Try one possibly better approximation for BTC, what do you get? mkt cap = sum(each block of coins mined * its historical price)
Re: Ripple reaches second place by marketing capitalization
On Fri, Dec 29, 2017 at 06:55:27AM -0700, Joseph Frazier wrote: > A friend mentioned to me that it's queued up to be offered on coinbase, so > that may have something to do with the rise in value. I know that eth, ltc > went up after appearing on coinbase. Just speculation there. > They claim they can do 15K transactions per second and scale to Visa's 50K tps. The issue of trust is not clear to me.
Re: Ripple reaches second place by marketing capitalization
A friend mentioned to me that it's queued up to be offered on coinbase, so that may have something to do with the rise in value. I know that eth, ltc went up after appearing on coinbase. Just speculation there. *Joseph Frazier* *Relentlessly Focused Action* On Fri, Dec 29, 2017 at 6:21 AM, Georgi Guninski wrote: > Ripple (XRP) reached second place by marketing capitalization. > > Before: > https://web.archive.org/web/20171227090813/https://coinmarketcap.com/ > After: > https://web.archive.org/web/20171229110520/https://coinmarketcap.com/ > Realtime: > https://coinmarketcap.com/ > > What should investors know before investing in XRP? > >
Ripple reaches second place by marketing capitalization
Ripple (XRP) reached second place by marketing capitalization. Before: https://web.archive.org/web/20171227090813/https://coinmarketcap.com/ After: https://web.archive.org/web/20171229110520/https://coinmarketcap.com/ Realtime: https://coinmarketcap.com/ What should investors know before investing in XRP?
