/biz/ - Business & Finance

Why would you want to base your entire online banking site on a random untested protocol from a startup that is probably going to be bankrupt in a yeara?

This is why Ripple is going to take over Bitcoin. Backing by the Fed and large corporations is a good thing. Bitcoin is too anti-establishment and it is screwing them because the average person doesn't care about "pre-mine" or centralization. If they are going to use cryptos they are going to go with the one that is integrated into the current system.

Oh, fuck.

Were all screwed. I bet ripple was made a jew

>>319162
They aren't basing their online banking site on Ripple...

Also, it is very unlikely that Ripple will be bankrupt in a year. They are mostly funded by Google.

>rip bitcoin

>>319153
Woah. This is huge.

>>319184
If I had a nickel for every time...

>>319202
You would have like a dollar. Then you could take that dollar and invest in a better trip.

>>319174
Bitcoin reminds me a lot of those fringe technologies that break into the space without fully realizing the implications in the real world. Bitcoin needs to evolve a lot faster or newer innovations like Ripple will rape it. I can easily see Bitcoin going the way of Myspace.

>>319233
Myspace died solely based on Newscorp mismanagement after the buyout. Do tell us how a corporation could buy the Bitcoin protocol. Try it.

>>319258
Facebook entering the scene didn't affect Myspace at all? lol

>>319258
They could just buy a high enough percentage of the BTC market to effectively control it. BTC is vulnerable to market attacks like that since it isn't regulated.

>>319153
>>319153
>>319153

can i buy ripples with btc?

>>319279
Yes I know Bitstamp does. I transferred a few Bitcoin there a couple weeks ago.

It would be severely disappointing if xrp become a replacement for bitcoin.

>dat corporate backing
>dat fundamental lack of freedom
>dat stifling effect on competing cryptos
>dat silicon valley startup smug
>dat implicit rejection of open source
>dat stupid name

I'm sorry, but it's just how I feel. I'm willing to use any internet currency which performs the functions I need, but this one... ugh. It's really reminding me of google and facebook and all the other shit parts of the internet.

>>319292
>It's really reminding me of all the successful parts of the internet

The things you list as negatives are actually positives.

>ripple becomes official cryptocurrency of corporate america because of dat facebook, fed backing
>btc is deemed illegal since media are going to associate it with drugs and money laundering
how could you not see this happening?

>>319298
It amuses me that you're posting such a silly counter on a website like this.

Look, I don't have a horse in this race. It doesn't matter to me if you bought into an ad-supported version of the internet. But when you're old and wizened in ten or twenty years and you realize that the chans were the dominant culture of the internet for the whole time it was good... well, come back at me with the zuckerberg/google/apple worship then.

>internet
>serious business

It's a joke, son.

>>319298

You're wrong.

4chan wouldn't be around if:

>corporate backing
>lack of freedom
>stifling effect on 7chan, 420chan, infinity chans
>startup for dat money bro, get dat money!
>stole code from 2chan
>stupid name applies, 5/6 bretty good analogy

Chans are cool. Chans are the dominant culture of the internet, at least in the critical 2002-2012 years. The conditions which make things good and useful actually do not exist in your ad-supported business model internet.

I hope you remember posting on 4chan when your kids are asking you for shekels so they can get their DNA scanned by facebook prime. You'll say...
>I remember when the internet was free.
>we used to say
>internet
>serious bizness


>but it was a joke

>...~If~ this works out successfully
>other banks ~may~ look to implement XRP

Is this pump even worth riding?

How fast are Kraken deposits?

>>319312
>4chan
>successful
>full of freedom
kek

how the fuck do you buy/sell any of this shit

>>319292
Probably. I agree with you except for the fundamental lack of freedom part because that concept is pretty abstract.

>>319326
>Is this pump even worth riding?
XRP has never really had pump and dumps. I would look more into long term growth.

>>319326
idk man. i fear for other cryptos. if it does become successful no other institution has a reason to look for any other alternative. All the other currencies will plummet because no one will accept them

>>319350
But why would I need to use a bank when Bitcoin exists?

Fuck your jew bank and easily seizable wealth and viewable payments.

Fuck your government.

That's why Bitcoin is still king, by the end of this year we will have unlinkability between transactions.

Now Americans have wealth their government cannot steal, track, or de-value.

If those benefits aren't worth using to you goys, you are fucking retards and you deserve to suffer the next financial collapse or have your wealth confiscated.

>>319153
>muh ripples

>>319362
Keep fighting the good fight against evil corporations, the Fed, and governments. I am sure that everyone else shares your political views and will follow suit and that Bitcoin will eventually reach mainstream adoption because of just how edgy and anti-government it is. You are definitely in the majority.

>>319373
Except that these things are clear benefits, keep that in mind the next time you buy a bigger butt plug for your massive faggot asshole. Or the next time QE bails out corporations at your expense.

>>319376
Everyone take note. This is your average Bitcoin shill. He could pretty much be the posterchild for the Bitcoin movement. Stay classy, Bitcoiners.

It has begun.

>>319381
By using Darkcoin you gain:

>privacy, your transactions are not publicly viewable, there is unlinkability from Darksend to Darksend

>security, your DRK private key can easily be remembered and there will be great difficulty in seizing or stealing your wealth

>avoiding the jewish middlemen, banks recording and processing your transactions for an exorbitant fee

>identity theft prevention, a sent Darkcoin transaction does not allow an observer to charge your wallet/account

>fair use, your government cannot make restrictions requiring banks to verify your identity to use their services, nor can they restrict use based on age or politics

Truly, it is a free system for a free market. Get fucked commie.

>>319398
http://darkcoin.io/

^ This shit is the future we chose.

>>319398
Lmao DRK.

>Using such a shitty shitcoin ever.

>>319410
>changes ID
>thinks he isn't shilling

get a load of this goy

>>319410
>>319413
Check the IDs smart guy.

>>319373
retarded niggers BTFO'd again

http://blockchain.info/charts/estimated-transaction-volume

>>319373
There is no such thing as a "good fight". Men fight men over objects. It has been going on for ages. We all know the system is rigged.
captcha: urthym macmillan

>>319410
also

>#10 coinmarketcap coin
>shitcoin

LOL

>>319453
>#10
>10
>1 is btc
>not buying btc

I wish btc would crash to 50 again

ripple is shit

come at me faggots

So uh... I remember a long while back some anons were analyzing the dips in value for BTC and how it'll shoot up to about $2000 a coin by the beginning of May. It's May 6th and still no $2000 per coin.

>>319153
You children REALLY REALLY REALLY need to know what the fuck you're talking about and doing before you start slinging around money. Pic related I just made to show you guys something.

Also if you click on the chart button and look they stock already jumped and they sold into the spike.

>>319574
To add to this. Go look at the btc liquidity on coin gecko and the market cap and then remember that mysterious mr satoshis wallet has a million of them just ripe for crashing the market.

>>319578
>mysterious

He used his actual name.

http://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html

>>319605
No.
No.
No.
Fuck you.

>>319578
There's a slight difference between owning 1 million out of 21 billion and owning 92,5 billion out of 99 billion.

>>319605
That is not the creator of Bitcoin. Newsweek was proven wrong.

>>319574
Actually the bank doesn't own XRP, or at least any considerable amount. The devs kept 20 billion and gave 80 billion to Opencoin to give away, which they are in the process of doing (they didn't want to give away all of it at once to crash the market). So far about 7 billion XRP has been given away.

Back to the original point that the devs kept 20 billion XRP... Why shouldn't they? They have investors that they have to pay back that have shelled out millions to get this off the ground. They also don't hide the fact that they are a for profit business. They invested a lot of time and effort into Ripple so why shouldn't they reap the benefit? Satoshi Nakamoto (whoever you want to attribute the pseudo-name to, a person or a group of people) kept a bulk of Bitcoin too. What's the big deal?

>>319153
Ripple is fucking centralized isn't it?

>>319153

How do I get into the ripple train?

>ripples

have fun with a currency you cant even spend

>>319630
because all devs are underhanded bastards that at any time could fuck over hundreds of thousands of people should they choose to cash out at any given time


PREMINED SCAM COIN

>>319362
That's all well and good, until bitcoin starts behaving like a precious metal. As long as dollars are also used to buy things online, merchants will have to keep changing the prices of goods in bitcoin, which won't be practical.

>>319711
>ripple train

>>319376
QE didn't cost most people anything. Only people with lots of cash or debt savings, which is mostly old people and rich people.

And when people complain that QE bailed out banks but not them (I agree but its debatable), they often overlook the massive fiscal outlays of the stimulus, which was "main street's" bailout.

I'm wary of the fed as well, but people take it too far.

So if you can use this to transfer money without any fees by default, why the fuck would anyone make gateway sites? If they charge fees, no one would use them, and if they were free they would just be another shitty ad-supported cryptocurrency site ran by a 15 year old and die in 2 years.

>>319381
>This is your average Bitcoin shill.
>Stay classy, Bitcoiners.

If you are going to have no imagination and plagiarizer bitcoiners, at least wait a few days for the old thread to be pruned. I am sorry you have such poor creativity.

>pic related

Stay unoriginal, nocoiners.

>>319574
(saved)2^256

Thanks.

I really hope you guys listened to me yesterday. Ripple is up another 18% today and doesn't look like its showing any signs of stopping.

>>319574
thanks Serrb

>>319618
This.

>>319618
>>320297
Wrong. The devs own 20 billion split between a large group of people and investors. The largest individual stake is probably 500m tops. Most companies keep 100% of their profit so why is it so terrible that they want to keep 20%?

How do I buy XRP? What's the best way?

>>320669
>buying into the scheme
>this goy

>>320673
>
I wasnt asking you. I am asking someone helpful. If I am going to use a crypto its going to be one that is backed by corps and not neckbeards.

>>319630
I'm not saying they shouldn't have any benefit for putting in all their hard work.

What i'm saying is that from a logical financial standpoint for YOURSELF, it makes literally no sense to put your money into this. All it does is simply give the bank with their investor friends money.

There are just simply too many coins already bought up and everything that you put into it will be lost. (think wolf of wallstreet bullshit penny stocks) This is the same thing.

>>320271
Until the bankers and people who own the other 92 Billion coins sell into the spike. This coin did this exact movement awhile ago.

The coin is worth nothing, however if you're looking to quickly flip it off of the dumb fuckers that will buy and hold into this hype then there is a quick short term profit to be made.

>>320344
Refer to this post
>>320683

>>320683
>There are just simply too many coins already bought up

As with Bitcoin, Litecoin, Dogecoin, etc.

I always laugh when buttcoiners try and argue against other cryptos.. They use arguments that can just as easily be used against bitcoin.

>>320693
I'm not supporting any cryptocurrency. I'm just telling you guys this for your own good. I have no ulterior motive.

Again, I am not your enemy i'm merely here to provide some vital overlooked facts in the hype.

>>320687
>The coin (Ripple) is worth nothing, however if you're looking to quickly flip it off of the dumb fuckers that will buy and hold into this hype then there is a quick short term profit to be made.

Exactly, just like 99% of shitcoins.


>pic related
>me dumping Mintcoin

>>320687
>bankers and people who own the other 92 Billion coins
Wrong. Only 20 millions coins can be sold and the developers and investors who hold them would never do that because it would draw the value down. The other 80 billion cant be sold. They are given away at a controlled rate.

> quick short term profit
Actually exactly the opposite. Ripple is the only crypto right now that has real long term stability since they are integrated in to one major bank and soon to be more. People who use the bank are forced to use the Ripple protocol. Other cryptos are subject to market conditions and Ripple will not be.

>>320787
>20 million
>should be 20 billion
Sorry

>>320787
>they would never sell because it would drive the value down

Look at the picture related. That was ripple 6 months ago. Just like what they are doing now, they pump the stock up with a bullshit news article, they get everyone excited and then they sell their worthless stock to everyone chasing the dream. The stock went down because they sold into it, they dont give a fuck about the value they are looking to make a quick buck.

I'm not saying this to burst your bubble but take it from someone who worked in finance. Ripple is a pump and dump scam, you're chasing the dream of becoming rich based on false promises. You can either realize this now, or realize it later when you've lost a ton of money. It's truly and completely up to you.

Hey can anyone seed my ripple account? I need like 50xrp to use it.

>>320841
What I meant is that they would never sell on a large scale because it wouldn't make sense for them to do so right now. That would be like executives of a company with stock options dumping them before the company has even grown. You're not the only one here who has worked in finance.

Also the article is not bullshit news, it is real news that is actually happening. It has been Ripples goal to integrate into banks for at least the last 5 months and this is the realization of that goal.

>>320850
Sure post your wallet.

>>320861
rpLCqXwqRtVgJdXPFxGj 1zPpVgW76WPLrY

>>320886
Seeded.

>>320889
Thanks!

I had never heard about Ripple except for a few days ago. Whats the deal with it anyways?

>>320900
Feds alternative to Bitcoin. Looks like its taking off on coinmarketcap right now.

>>320861
>Also the article is not bullshit news, it is real news that is actually happening.
>big bank

Fidor accounts for what percentage of worldwide bank market? The part of the story about "making it into THE banking system" is all bullshit hype. Buy at your peril because the price is going down two days from now.

So Bitcoiners, I have a question right. How exactly do you buy Bitcoins without using a bank account, paypal, or some other form of financial institution.

>>321308
You mine or exchange goods for bitcoin

>>321308
Like anything, you find a seller without asking a bank to do it.


localbitcoins.com

>>321289
>Ripple is integrated into a bank's transaction infrastructure
>Ripple
>integrated into bank
>banks are part of banking system
What don't you understand? I don't know why you are so upset at the fact that Ripple is being used at a bank now. Also, this is not the last bank that will end up utilizing the Ripple protocol. Ripple has deep ties to the Fed and the banking industry in general. You are either severely misinformed or just confused.

>>321355
>>321353
....or you are a Bitcoin shill. Ah, it all makes sense now lol

>>321355
>Ripple has deep ties to the Fed and the banking industry in general.

It has a fraction of the number of bank executives working for it that bitcoin does. Nobody even mentioned ripple once at either the Senate or the NYDFS virtual currency hearings. I wouldn't exactly call that a success.

>>321356
>....or you are a Bitcoin shill. Ah, it all makes sense now lol

I mentioned a website when somebody requested information about bitcoin. How is this shilling, again?

Me, "Like anything, you find a seller without asking a bank to do it.


localbitcoins.com"

>>321355
I must have responded to the wrong post on accident because I couldn't concentrate with the sound of Ripple devs dumping their shitcoin. Tell me again how big Fidor is.

>>319261
haha no.

you cant buy a high enough % of BTC no matter how much money you have

>>322225
>It has a fraction of the number of bank executives working for it that bitcoin does.
Before I thought you were semi-trolling. Now I realize you are just clueless. That's ok though I forgive you for your ignorance.

>>319153
I was interested in Ripple when it was just straight-up trading of self-created credit backed by your own reputation. Would be neat for something like an automated factory in which the robots have their own little economy so as to decentralize control.

>>321356
>>321355
Hey there, faggot! Remember when I predicted that this 100% pre-mine, non-cryptographic, corporate-controlled scamcoin would fail again within two days due to Fidor AC being one of the smallest "banks" in the world?

I told you, every single one of you crippledicks, that it was a completely blown out of proportion hype headline. Jeez, just look at that DUMP!

So, fuck you because I win, and fuck you.

http://coinmarketcap.com/

>>321355
>>321356

And here is my prediction from 2 days ago about this fucking "hole-in-the-wall bank" hype.


>>321289
>big bank

Fidor accounts for what percentage of worldwide bank market? The part of the story about "making it into THE banking system" is all bullshit hype. Buy at your peril because the price is going down two days from now.
As an aside, why does being right feel so much better when somebody else is wrong.

>>324123
Except that you are arguing with yourself on a point that nobody was even debating you on? Obviously it will take time for them to actually integrate into the bank and have wider adoption than Bitcoin. I don't really care about a short term pump and dump by speculators because Ripple will keep integrating into more banks. Read further back in the thread to where I said it is a long term investment.

>also, you really need to work on your reading comprehension

Idk why Buttcoin fags attack other coins like Doge and now Ripple.

You guys come off retarded as shit when you are defending Bitcoin and even more retarded when you say other ones are pump and dump. You guys act like little theatened bitches when anyone says something bad about Bitcoin.

You wonder why nobody likes you simple minded douches and why you have so many enemies.

>>324376
>also, you really need to work on your reading comprehension

Since you won't gracefully accept the fact that this particular piece of news means nothing, I'll make yet another winning bet just to punch your ego, via memory of this post, in 2015. Wells Fargo and BoA will start using bitcoin long before they adopt cripple, if ever that somehow happens.

I mean, why wouldn't these banks want Google or some other huge for-profit entity taking a cut, both directly and indirectly, out of every virtual currency transfer in the world? Sounds ideal, right?

>but they don't or won't take a cut

What is cashing in the devs/investors 20billion coins? What is running hedge funds with those coins? What is artificial shortage?

>direct AND indirect cuts

>>324419
So now Bitcoin WANTS to integrate in to banks? Because that was their game plan the whole time right?

Wahahahahha
Wahahahahahhahahahahah

Oh man you guys really need to make up your mind lmao. I give you kudos for the most amazing post of the year. Classic.

>>324425
For your retarded ass, I'll entertain the most bottom of the barrel, brain-dead basics of bitcoin.

100% open source = anybody or anything is allowed to use it in any way they choose

Bitcoin doesn't want anything. It wants to be in everything everywhere, and due to the fact that it is an infinite-head hydra that can assume every form, it will.

>>324433
Ahahhahahaha

Sorry I am still laughing lol. All I hear thread after thread is how Bitcoin is going to replace the banking system and replace the Fed. Now when a crypto comes along that has deep ties to the Fed and has just struck deals with one bank and most likely more, your response is:

>Oh yea?! Well Bitcoin will be used by Wells Fargo and BofA! If you can't beat them join them!

That is one of the worst arguments I have ever heard in my life lmao. You have just proved in one post that Bitcoin shills will make up any and every argument they can and will scrap their lofty ideals of "anti-banking" in a second if it came against the bottom line of how much money they are making or losing with BTC. You are a really funny guy.

>>324440
>iTunes
>record companies

Replacing the current banking system means just that, replacing the free printing of money and endless debt accumulation. Somehow you conflate this with shutting down all of the banks, which has never been a talking point of any bitcoin dev or business. We will reel in the corruption. Cripple is just another form of the old system, fucknut.

nopeYouloseAgain.fag

>>324501
Rofl. You lost all credibility. Still laughing about the Wells Fargo and BofA thing. Please tell that story again.

>>324501
Really? All I ever hear from you Bitcoiners is that Bitcoin is better than banks because there is no fees. You idiots need to stop contradicting yourself.

>>324433
Please avoid using the term “open” or “open source” as a substitute for “free software.” Those terms refer to a different position based on different values. Free software is a political movement; open source is a development model. When referring to the open source position, using its name is appropriate; but please do not use it to label us or our work—that leads people to think we share those views.

https://www.gnu.org/philosophy/words-to-avoid.html#Open

>>324516
>You lost all credibility.

Thanks for not explaining how I, myself, lost any credibility at all. Great point, retard.

>>324529
>All I ever hear from you Bitcoiners is that Bitcoin is better than banks because there is no fees.

First of all, we say "low fees", and, again, "better than banks" doesn't mean "destroy banks".

>>324534
Free for the banks to use however they see fit, including to lower their operating costs and fees.

>>324516
>Still laughing about the Wells Fargo and BofA thing. Please tell that story again.

Okay faggot, where are the headlines like this for Cripple?

http://www.ft.com/cms/s/0/cf57a59c-7d39-11e3-a579-00144feabdc0.html

http://www.forbes.com/sites/samanthasharf/2013/12/05/bitcoin-gets-valued-bank-of-america-puts-a-price-on-the-virtual-tender/

Now that you're all BTFO (I mean the solo cripple shillbot using a vpn), got any other ad hominems or baseless doubts?

>>324567
Ahahaha in one fell swoop you just made this into an anti-Bitcoin thread where you are grasping at threads to defend it. Good job dummy.

>>324572
>Ahahaha in one fell swoop you just made this into an anti-Bitcoin thread where you are grasping at threads to defend it. Good job dummy.
>one fell swoop
>turned into bitcoin thread
>last 30 replies
>every logical argument
>every citation
>pro-bitcoin
>conclusively
>and all from me

Thanks for recognizing me!

>>324577
>Wells Fargo and BoA will start using bitcoin
I will tell you right now that the majority of Bitcoin users do not share your same level of blind and ignorant optimism and will even go so far as to rebuke you for even implying Bitcoin should be enfolded into the current financial system. Wasn't the whole point of Bitcoin to "combat egregious and excessive fees by banks"? Now you are saying that Bitcoin should change its whole tune and should welcome Wells Fargo and BofA. You would probably make the whole group over at the Bitcointalk do a collective /facepalm if they ever saw this thread.

Why are you doing this? Are you that threatened by Ripple that you would give BTC shills an even worse reputation than they already have?

>>324567
I always laugh when I see that article from last December where Bank of America values Bitcoin at $1300/coin. They fucked up big time. In less than a months time Bitcoin dropped to 1/3 of what it was worth and hasn't recovered since. You might not ever want to post that article again.

>>319338
What could a single XRP reach in value if mainstream adoption occurs?

>>324646
The general consensus is that XRP will eventually be worth one US dollar. Some give a more bullish outlook but I think 1 dollar is a more realistic goal.

http://crypt.la/2014/01/31/eventually-mining-is-going-to-be-dead-and-ripple-will-rule-says-nofiatcoin-xnf-founder/

>>324666
>general consensus
>made-up bullshit

Ripple is stillborn.

>>324691
He was asking what the value would be if XRP ever reached mainstream adoption. At $1 USD per coin that would put the market cap of XRP in circulation at around $8 billion. Considering the value of BTC currently in circulation is $5.6 billion and they don't have anywhere near mainstream adoption yet I would say that it is a very low estimate. Personally, I think it could be much higher.

>>324591
>Wasn't the whole point of Bitcoin to "combat egregious and excessive fees by banks"?

Yes, and banks can use bitcoin to lower those fees you dumbfuck.

>>324711
>At $1 USD per coin that would put the market cap of XRP in circulation at around $8 billion.
>Personally, I think it could be much higher.

Yeah until they start dumping the devs 20 billion pre-mined coins, or they reallocate the 70 billion coins in the "mining fund".

Are cripple shills even trying? That piece of shit has ALL of the problems of our previous banking system. This is too easy. Come on, I'm getting bored.

>>324666
>The general consensus
>founder of Nofiatcoin

Very consensus. WOW!

>>324748
>Yes, and banks can use bitcoin to lower those fees you dumbfuck
Lmao are you really that clueless about the banking system? It costs banks almost nothing to transfer money between branches or other banks. They charge fees because they can, not because it actually costs them that much to do so. They could lower fees tremendously right now if they wanted to, but they don't because they are for profit institutions. Even if they used Bitcoin (which I am still laughing really hard at the suggestion btw) they would still charge excessive fees. It would not affect their bottom line at all.

You need to do a little more research bud. The more you type the more greener you are proven to be.

>>324751
One example. I can give you a hundred more if you like? It might spam up the board though lol

>>324759
>Even if they used Bitcoin (which I am still laughing really hard at the suggestion btw) they would still charge excessive fees. It would not affect their bottom line at all.

How much do banks pay each year in server maintenance and upgrades? Almost nothing, according to you. Armored Personnel Carriers making daily rounds must also be practically free. I do prefer your fantasy world.

It's not like banks want to save money, right?

>>324762
Considering you picked Nofiatcoin founder as your first example, we can safely say the other 100 are crippledidntbuythisarticlewepromise.co.uk tier, so no, don't waste my fucking time.

>>324781
That wasn't the point and you know it you silly goose. Of course they will save some money, which is why Fidor chose to use Ripple. My point is that it won't necessarily translate into lower fees for the bank users which kind of defeats the whole purpose of Bitcoin... right? So if banks ever chose to use the Bitcoin protocol they would charge the same exact fees and nothing would change. I heard a rumor that Bitcoin was supposed to be revolutionary and change the financial system... was I wrong? Is Bitcoin trying to be like Ripple now?

>>324789
Don't worry I won't confuse you any further than you already are lol. I am trying to make my points simple as possible for you but you seem really opposed to common sense.

Whats the best coin to invest as of today? I dont care if's just a pump and dump. I bought at the top of Blackcoin and now its stuck at 30k, fuck.

>>325131
Depends what thread you post in. In this thread a lot of people are interested in Ripple and will tell you XRP is a solid long term investment. In a Doge thread they will tell you its Doge and PND. If you post in a Bitcoin thread they will lie to you and say that BTC is going back up in value lmao. You have to remember that everything crypto is based purely on the speculation of how used it will be down the road. Ripples widespread use is contingent on it integrating into a major US bank. Without that happening it may never become mainstream, but if it does happen it will swallow every other crypto up.

>>324793
>So if banks ever chose to use the Bitcoin protocol they would charge the same exact fees and nothing would change.

That's an assumption with no evidence, meaning you have no argument. Ripple shills, you finally got me! You found a way to stop me from winning an argument: don't make any argument at all. Google sure is full genius ideas, no doubt.

>>324798
>I am trying to make my points simple as possible for you but you seem really opposed to common sense.

Hey dumbass, common sense dictates that if you can only present one example, you make it the best one. See below.

>>324567
>bitcoiners provide statements of interest and positive long-term growth from both BoA and Wells Fargo
>>324666
>cripple shills provide one statement of interest and positive long-term growth from the founder of Nofiatcoin (a.k.a. Litecoin clone #456)

Obviously the bitcoiners have NO common sense, and cripple has TONS of it, right?

>>325161
>In this thread a lot of people are interested in Ripple and will tell you XRP is a solid long term investment. In a Doge thread they will tell you its Doge and PND. If you post in a Bitcoin thread they will lie to you and say that BTC is going back up in value lmao.

Your shill bias, again with zero evidence, is horribly on display here.

>>325161
>Ripples widespread use is contingent on it integrating into a major US bank. Without that happening it may never become mainstream, but if it does happen...

Again, no evidence of this ever even possibly happening, but do continue to try and spin that hole-in-the-wall online-bank in Germany as meaningful.

BITCOINERS, THIS IS HOW CRIPPLE SHILLS ARE FORCED TO "ARGUE" BECAUSE THEY HAVE NOTHING.

>muh Google backing
$6.5million total backing including all VC funding
>bitcoin
$150million

And crippledicks never even addressed my initial argument with even a single word.

>>324419
>Why wouldn't these banks want Google taking a cut out of every virtual currency transfer in the world? Ideal, right?

>>319153
And now that the latest cripple hype scam is done, and the bagholders have dumped on the sheep, they have abandoned ship again, surprising no smart person at all. I hate to say I told you so, but...

Ripple seems like every other pyramid crypto out there except the money is going to corporations instead of neckbeards with mining rigs.

>>327192
You're not any better and you are coming off retarded as fuck trying to defend Bitcoin. You sound like you got ass raped when you bought in at $800 and are mad at the world. Just shut your NEET trap already.

>>324793
>kind of defeats the whole purpose of Bitcoin

With cryptocurrencies, you can just transfer the money directly to someone else without having to ask a bank to do it. Cost of $0. They'd only be able to charge you anything if you wanted to use their services in order to convert the cryptocurrency to another currency.

How serious is darkcoin? I'm reading the page and it's telling me exactly what I already knew about bitcoin's pseudonymous payments.

>>328580
Darksend is a transaction id shuffling mechanism that works by an electoral system of masternodes. If the anybody wanted to track a Darksend, they would likely have to track down hundreds of hidden master nodes just to find that one transaction. This is the first ever totally anonymous cryptocoin transaction.

>pic related
>35x gain

>>328590
I'm liking what I hear. How strong is the security of that system? Is it conceivable that the difficulty of "tracking down hundreds of hidden master nodes" will eventually be low enough for computers to tackle?

>>328590
What software is pick related? Crypto arbitrage bot?

>>319336
>>319336
this. where are the exchanges?

>>319153

ripple is a protocol not a currency

>>328835
so how do i make money from it?

>>328841
how do you make money from paypal or your bank account?

>>319153
>It's happening...
>the ultimative scam
fuck this ripple shit

>>328653
It's the Poloniex website. They have lots of coins and easy tools for simple trading. Fast servers, too.

>>328616
Right now it is inconceivable that even the NSA could gain access to hundreds of proxy servers across the globe at the same time. Imagine trying to shutdown The Pirate Bay but without any data centers to target. You'd be forced to track down 51% of all users worldwide, on average, in order to find the roots any particular file (or transaction). The cost would be many millions, at least, and there is a very big chance you won't find it anyway.

>>328746
>>319336
>this. where are the exchanges?

coinbase.com to get bitcoins (localbitcoins.com if you don't have a bank account) then pick an exchange (http://www.cryptocoincharts.info/v2/markets/info)) and trade for other coins

>>330094
this.

at least scamcoins aren't fucking centralized

>>330732
>at least scamcoins aren't fucking centralized

Hey, it's only a 20% premine straight to the developers. What could possibly go wrong?
>sarcasm

>>328746
Looks like you can trade XRP through Snapswap, Bitstamp and Justcoin without having to get BTC which is good because it is an unnecessary step.

thought i'd give it a go. created one of their horrible web wallets, tried to buy coins from ripplewise, then the moment i send the btc as instructed, the site changes it's status to ":( Bummer. Try again in an hour" then i receive an email saying the transaction has expired. the bitcoins i sent show on the blockchain and i'm now sat here pissed off waiting for a response from support.

never again.

>>330917
And this is why I don't fuck with cryptos.

>>330917
You got Goxxed! Next time don't fuck with centrally controlled virtual currencies.

>>330924
>And this is why I don't fuck with cryptos.
>cryptos

Ripple isn't cryptographic at all. It's just "math based", which is the bullshit marketing gimmicks we've come to expect from them.

>>331177
This. You got Goxxed! Bitcoin exchanges arent regulated so they will fuck you every time lol.

>>330917
> i send the btc as instructed

> buying BTC on an exchange ever
thats where you fucked up

>>331177

>>330924 here. I mean I don't fuck with cryptos because of shit like you transfer a bitcoin, it goes through, but then you don't get
whatever. You're left at the mercy whoever was supposed to deliver but didn't. You can't call up the blockchain and say "I just got ripped off, do something about it!".

>>331258
Trade steam games for crypto

not even once

https://web.archive.org/web/20140208000504/http://ripplescam.org/

>>331438
>http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/
Hey look I can do it too!

>>331438
Also, Ripplescam.org website got shut down for blatantly false info so you had to pull it up from a web archive just to link it lol. The owner of that site was proven to run other scam websites as well and screwing people out of money. Not a very reliable source if you ask me.

>>331443
>http://goatse.cx
Me Too!

>>331453
>goatse.cx
aww bullshit, it was taken down by the man

>>330924
got my coins at least. that was infuriating, and their explanation wasn't great, but i've got my coins. no fucking idea what i'm supposed to do with them, but meh.
now however the wallet isn't working. apparently i'm not connected to the internet right now. right.
i'm sticking with btc.

>>322257

actually as of now, it will take $ 2.4 Billion to be in control of the bitcoin market

but no sane entity will put that much money in such volitile and high risk commodity

>>331694
>actually as of now, it will take $ 2.4 Billion to be in control of the bitcoin market
>I don't know how supply and demand works

If you ever made just one trade of anything, then you would know that the price goes up when you buy. Please explain to us all how you plan on buying around 50% of the coins without moving the price at all.

>nocoiners and cripplebots confirmed for notrades

>>331694
>actually as of now, it will take $ 2.4 Billion to be in control of the bitcoin market
>but no sane entity will put that much money in such volitile and high risk commodity

bumping an entire thread full of evidence that ripple is pure shit and so are it's shills

source: my posts

>>331727

i didnt think of that actually, you are right it will take more than $2.4 billion

But its definitely not an unlimited amount of money