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(BBC-US)   Ripple becomes second most valuable crypto-coin, first most valuable beverage to Fred Sanford   ( bbc.com) divider line
    More: Interesting, Money, Ripple, Currency, Stock market, Market capitalization, Ripple coin, valuable virtual cash, market cap  
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594 clicks; posted to Geek » on 02 Jan 2018 at 8:06 PM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



19 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2018-01-02 07:01:37 PM  
I'd argue that the whole idea of a decentralized currency is fundamentally flawed. Can anybody name one way in which cryptocurrency as a concept doesn't suck.
 
2018-01-02 08:24:34 PM  
I love this headline, Elizabeth.
 
2018-01-02 08:28:39 PM  

majestic: I love this headline, Elizabeth.


This
 
2018-01-02 08:36:02 PM  

Voiceofreason01: I'd argue that the whole idea of a decentralized currency is fundamentally flawed. Can anybody name one way in which cryptocurrency as a concept doesn't suck.


Ripple is growing because it is being used for banks to settle between eachother, its about ten thousand times faster than wire transfer.
 
stk [TotalFark]
2018-01-02 08:36:20 PM  
That's an A+ headline right there.
 
2018-01-02 08:56:19 PM  
Ripple is growing because of FOMO, is overvalued, centralized, and is a vehicle for transferring BTC/ETH into bankers hands in exchange for overpriced XRP.

No thanks, IOTA for the win
 
2018-01-02 08:57:25 PM  

Voiceofreason01: I'd argue that the whole idea of a decentralized currency is fundamentally flawed. Can anybody name one way in which cryptocurrency as a concept doesn't suck.


Ripple is not decentralized.
 
2018-01-02 09:44:33 PM  
So another deflationary "currency" that you use to buy and sell money?
 
2018-01-02 09:51:42 PM  
So, when this one decides to fork like almost every other cryptocurrency has, will the new version be called "Champipple"?
 
2018-01-02 09:52:51 PM  

E.S.Q.: No thanks, IOTA for the win


This right here.
 
2018-01-02 10:08:22 PM  
I likes to take Ripple and mix it with crypto-coin. I calls it Crypple.
img.fark.netView Full Size
 
2018-01-02 11:53:55 PM  
Champipple - Sanford & Son
Youtube Esr4MEu20bs
 
2018-01-02 11:56:45 PM  
90% of Ripple coins are held by its inventor agencies and were awarded to themselves by fiat. They're trying to get Market acceptance for the remaining 10%, so they can sell them all to an unsuspecting public.
 
2018-01-03 01:15:36 AM  

Shakin_Haitian: So another deflationary "currency" that you use to buy and sell money?


smbc-comics.comView Full Size
 
2018-01-03 02:21:24 AM  

Benjimin_Dover: I likes to take Ripple and mix it with crypto-coin. I calls it Crypple.
[img.fark.net image 454x355]


Since you beat me to the Cripple joke, here, have this:

Grateful Dead - Ripple - 10/31/80 - Radio City Music Hall (OFFICIAL)
Youtube JT8zLTaKxeE
 
2018-01-03 06:32:45 AM  

Voiceofreason01: I'd argue that the whole idea of a decentralized currency is fundamentally flawed. Can anybody name one way in which cryptocurrency as a concept doesn't suck.


Suppose you want to buy cocaine and heroin online.  What are you gonna do, mail an envelope of cash to someone?
 
2018-01-03 08:15:03 AM  
I looked into this.  It looks like I have to buy 20 Ripple coins (about $50 USD now) just to open a wallet, and you can't do anything with those coins, they just have to sit in your wallet.  Supposed to keep ppl from opening a bunch of wallets and getting up to no good if it costs that much per wallet.

I'd love to get in on this now, but spending $50 on Ripple coin that I can't even cash out for some unknown period takes a bit of the shine off of it.  I might want to put $50USD into it to start, but the idea that I can't do anything with that for who knows how long is a turn-off.

Also, it seems to be a pill to buy at this point.  I was reading where I have to buy bitcoin (on coinbase, for example) and then transfer it to another exchange to buy the Ripple coin.  By the time you can buy it on Coinbase, it will have doubled (or more) in price.  Now is the time to buy, IMO.  Maybe I'll bite the bullet and drop the $50, but it kills a lot of the appeal if I can't do what I want with that when I want.
 
2018-01-03 11:21:46 AM  

This Face Left Blank: I looked into this.  It looks like I have to buy 20 Ripple coins (about $50 USD now) just to open a wallet, and you can't do anything with those coins, they just have to sit in your wallet.  Supposed to keep ppl from opening a bunch of wallets and getting up to no good if it costs that much per wallet.

I'd love to get in on this now, but spending $50 on Ripple coin that I can't even cash out for some unknown period takes a bit of the shine off of it.  I might want to put $50USD into it to start, but the idea that I can't do anything with that for who knows how long is a turn-off.

Also, it seems to be a pill to buy at this point.  I was reading where I have to buy bitcoin (on coinbase, for example) and then transfer it to another exchange to buy the Ripple coin.  By the time you can buy it on Coinbase, it will have doubled (or more) in price.  Now is the time to buy, IMO.  Maybe I'll bite the bullet and drop the $50, but it kills a lot of the appeal if I can't do what I want with that when I want.


The 20 xrp cost of maintaining a wallet should go down shortly. Implemented to stop ddos attacks by making them too expensive.
 
2018-01-03 12:42:16 PM  
Anyone interested in opening an exchange account to buy crypto can use my ref on Binance:

https://www.binance.com/?ref=10026306​
 
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