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Am I missing something ... if we are talking about gateways isn't that the first step to centralization. Why would we want gateways if we want a decentralized network?
Quote from: aloha on August 26, 2014, 05:29:27 amQuoteIt is very important that people don't make this an "us vs them"... I have a lot of respect for Ripple's product and they are a valuable resource. At the end of the day ranking on coin market cap is just a statistic. The fact that BTSX is in the same league as Ripple when the code is still incredibly buggy and we are patching things on the fly is amazing. Given the investment and infrastructure behind Ripple I was rather surprised at their small market cap. I feel that this adjustment is a more fair estimation and by the end of the week we may well be ahead of them again. I have no issues with calling out something that looks shady. Think about it like this:There are many newbies joining the forums everyday...just trying to learn about crypto so they can make informed decisions. So many of them become victims of pump and dump scams precisely because of manipulation of public perception in similar ways to how this was done. It sucks to see strategies like these used as it just invites tighter "regulation" of this burgeoning industry as an entire class of raped newbies start crying about the scammers and thieves. This isn't even mentioning the number of people who leave the crypto ecosystem as a whole screaming "Ponzi!" for all (potential users) to hear. Don't user's deserve to get multiple potential angles on a story? Aren't those various angles all valuable to best assess the reality of a situation? Isn't that assessment necessary to properly invest in ANY market?So it isnt an "us against them" thing at all. It is more of a "don't blatantly be a market-manipulating dickhead" thing...you know, kind of why the bitsharesx exchange was built in the first place!Actually losing a bit of respect for coinmarketcap for actually stamping their approval on the whole drunken orgy.
QuoteIt is very important that people don't make this an "us vs them"... I have a lot of respect for Ripple's product and they are a valuable resource. At the end of the day ranking on coin market cap is just a statistic. The fact that BTSX is in the same league as Ripple when the code is still incredibly buggy and we are patching things on the fly is amazing. Given the investment and infrastructure behind Ripple I was rather surprised at their small market cap. I feel that this adjustment is a more fair estimation and by the end of the week we may well be ahead of them again.
It is very important that people don't make this an "us vs them"... I have a lot of respect for Ripple's product and they are a valuable resource. At the end of the day ranking on coin market cap is just a statistic. The fact that BTSX is in the same league as Ripple when the code is still incredibly buggy and we are patching things on the fly is amazing. Given the investment and infrastructure behind Ripple I was rather surprised at their small market cap. I feel that this adjustment is a more fair estimation and by the end of the week we may well be ahead of them again.
I don't know why everyone seems angry about this, to me, this just shows how ripple feels threatened by bitshares
Quote from: donkeypong on August 26, 2014, 04:45:36 amQuote from: gamey on August 26, 2014, 04:12:55 amQuote from: charleshoskinson on August 26, 2014, 02:55:08 amHow about you stop the us versus them mentality and focus less on vanity metrics like market capitalization and more on real value like Titan, scalability, DPOS and BitAssets.Stop framing it in us vs them bs paradigm. Your story would be 180 degree + output if you were on other side.It's all in good fun, folks. Most of us believe we'll pass them again anyway...without manipulating numbers. All in good fun.It is actually a little bit on the shady side. Fun or not, it is an attempt to manipulate public opinion with which I personally disagree. I am not a Ripple fan (outside of the technological aspects)...Stellar philosophically just seems to be a far better match for BitShares.
Quote from: gamey on August 26, 2014, 04:12:55 amQuote from: charleshoskinson on August 26, 2014, 02:55:08 amHow about you stop the us versus them mentality and focus less on vanity metrics like market capitalization and more on real value like Titan, scalability, DPOS and BitAssets.Stop framing it in us vs them bs paradigm. Your story would be 180 degree + output if you were on other side.It's all in good fun, folks. Most of us believe we'll pass them again anyway...without manipulating numbers. All in good fun.
Quote from: charleshoskinson on August 26, 2014, 02:55:08 amHow about you stop the us versus them mentality and focus less on vanity metrics like market capitalization and more on real value like Titan, scalability, DPOS and BitAssets.Stop framing it in us vs them bs paradigm. Your story would be 180 degree + output if you were on other side.
How about you stop the us versus them mentality and focus less on vanity metrics like market capitalization and more on real value like Titan, scalability, DPOS and BitAssets.
Quote from: TheOnion on August 26, 2014, 05:31:52 amQuote from: gamey on August 26, 2014, 05:22:05 amNo clue. I have no real side in this race outside innovation and well ... Bitshares wins that. Like really .. seriously .. Crazy nuts we became #1 enemy to all within 1 week.First they ignore you, then they laugh at you, then they fight you, then you win.Mahatma Gandhi I think we are on stage 3 right now...
Quote from: gamey on August 26, 2014, 05:22:05 amNo clue. I have no real side in this race outside innovation and well ... Bitshares wins that. Like really .. seriously .. Crazy nuts we became #1 enemy to all within 1 week.First they ignore you, then they laugh at you, then they fight you, then you win.Mahatma Gandhi
No clue. I have no real side in this race outside innovation and well ... Bitshares wins that. Like really .. seriously .. Crazy nuts we became #1 enemy to all within 1 week.
Has everyone forgotten that invictus is dumping ags funds into bitshares? Your market spike has been largely due to the bullish position invictus has taken. If I buy millions worth of litecoin, then it would spike too. Market caps are vanity metrics. Real value is preserved over the long run.
so it's just a coincidence that immediately after Dan anounced that Invictus will purchase a large amount of bitshares the price started to spike? Second where are the ags holdings? Third, charts show a cascading purchase pattern this does not require every order to come from i3 just the bootstrap to create the speculative cascade. You'll know if the currency experiences a rapid correction. We saw this same pattern with maxcoin.
Quote from: gamey on August 26, 2014, 04:12:55 amQuote from: charleshoskinson on August 26, 2014, 02:55:08 amHow about you stop the us versus them mentality and focus less on vanity metrics like market capitalization and more on real value like Titan, scalability, DPOS and BitAssets.Stop framing it in us vs them bs paradigm. Your story would be 180 degree + output if you were on other side.Lol. Well said. Anyway, why are we worrying about it? If it bothers us that ripple is acting this way..why not ise this as a PR move and strong reason to partner with Stellar.
12 guys interviewing, and sub 10 second confirms... better watch out
It doesn't matter to see them again.... as soon we know they are some rounds behind us...
Quote from: Riverhead on August 26, 2014, 03:59:20 amQuote from: lucky331 on August 26, 2014, 03:57:39 amfrom freequant at ripple forum: "Coinmarketcap.com bases its market cap estimate on the number of XRPs that have been distributed and can be traded on the market. Founders share is subject to a vesting schedule and don't have the same velocity. Lumping it together with publicly distributed XRP is misleading and makes things less transparent."source: https://ripple.com/forum/viewtopic.php?f=3&t=7721&sid=a371d1d441dd72fbb4b51a2329cdd5c9So you're saying they changed the definition what they consider "released" to increased supply without dilution to manipulate coinmarketcap.com?yes. they only declared the founder's 20b xrp as part of the xrp's in public hands tradable in the market at any time. which is really not. anyway, how embarrassing would it be if when btsx passes them again. again, fuck RL. they never really cared for the ripple community.
Quote from: lucky331 on August 26, 2014, 03:57:39 amfrom freequant at ripple forum: "Coinmarketcap.com bases its market cap estimate on the number of XRPs that have been distributed and can be traded on the market. Founders share is subject to a vesting schedule and don't have the same velocity. Lumping it together with publicly distributed XRP is misleading and makes things less transparent."source: https://ripple.com/forum/viewtopic.php?f=3&t=7721&sid=a371d1d441dd72fbb4b51a2329cdd5c9So you're saying they changed the definition what they consider "released" to increased supply without dilution to manipulate coinmarketcap.com?
from freequant at ripple forum: "Coinmarketcap.com bases its market cap estimate on the number of XRPs that have been distributed and can be traded on the market. Founders share is subject to a vesting schedule and don't have the same velocity. Lumping it together with publicly distributed XRP is misleading and makes things less transparent."source: https://ripple.com/forum/viewtopic.php?f=3&t=7721&sid=a371d1d441dd72fbb4b51a2329cdd5c9
Quote from: MktDirector on August 26, 2014, 02:49:56 amDid anyone see what just happend? Ripple adjusted their total supply, leapfrogging us on coinmarketcap.com. Strange timing, no? That's ok, Ripple, we LOVE a challenge. We blew past them once, we'll do it again. Start your engines, gentlemen (and ladies). bRipple has 99 billion tokens though and most are at headquarters. Ripple and Bitshares should have a symbiotic relationship. There isn't any competition between the two.Ripple offers utility in the form of Gateways and the fact that those Gateways can be regulated entities. Bitshares offers a decentralized exchange with very low barrier to entry. There is no reason for them to compete when they need each other.
Did anyone see what just happend? Ripple adjusted their total supply, leapfrogging us on coinmarketcap.com. Strange timing, no? That's ok, Ripple, we LOVE a challenge. We blew past them once, we'll do it again. Start your engines, gentlemen (and ladies). b
Quote from: oco101 on August 26, 2014, 02:57:50 amI'm thinking this is a bug or something, if not resistance is futile.... they can do that so many times. Actually if it is not a bug, this is good publicity for Bitsharex. So what it will happen when we will pass up Ripple again they will have 200000000000 billions XRP ?? Lol this is fun.no, it is legit:https://www.ripplelabs.com/xrp-distribution/let's not make unfair accusations
I'm thinking this is a bug or something, if not resistance is futile.... they can do that so many times. Actually if it is not a bug, this is good publicity for Bitsharex. So what it will happen when we will pass up Ripple again they will have 200000000000 billions XRP ?? Lol this is fun.
That is not true, they did not make more ripples, it has to do with how Coinmarketcap calculates the market cap of Ripples. https://www.ripplelabs.com/xrp-distribution/There has always been 100 billion Ripples, but Coinmarketcap doesn't count the ripples that Ripple Labs owns in the market cap on their web site. It seems ripple labs either distributed more of the ripples to users, or if you read the asterisk on the user's ownership it says:*Total include business development agreements that are still pending.It seems they probably made a "business development agreement". Whatever that means.. Technically, Ripple has a market cap of $487,000,000Not that I'm a huge fan of Ripple.. but that's just how it is.
Quote from: charleshoskinson on August 26, 2014, 03:23:43 amso it's just a coincidence that immediately after Dan anounced that Invictus will purchase a large amount of bitshares the price started to spike? Second where are the ags holdings? Third, charts show a cascading purchase pattern this does not require every order to come from i3 just the bootstrap to create the speculative cascade. You'll know if the currency experiences a rapid correction. We saw this same pattern with maxcoin.Well, in all fairness they also announced that the market will go live today about a week ago. My only concern with this quick run up, is that the margin may not be sufficient and people who shorted BitUSD might get burned. Especially since market is not working right now due to (yet another) hard fork.Would be nice if people can adjust their margin from the get go. e.g. short BitUSD and put margin 1:10.
Quote from: johncitizen on August 26, 2014, 03:12:50 amThis was without any doubt, done to prop the market cap.Read the disclaimer,*Total include business development agreements that are still pending.Convenient enough to issue a few billion ripple that is for bogus business agreements. Reeks of desperation, fraud and incompetence.Come on now, let's not go that far. How is that different from I3 buying BTSX with AGS donations? I think it makes perfect sense for I3 to do that, especially if they believe in their product and want to hire help using BitUSD.But same could be said for Ripple, it's OK for them to incentivize developers/business partners. Let's not call it desperation, fraud and incompetence, just because it happens to mess up your coinmarketcap stats. Ripple has done some serious innovation in the space, even if it is not obvious to the naked eye.
This was without any doubt, done to prop the market cap.Read the disclaimer,*Total include business development agreements that are still pending.Convenient enough to issue a few billion ripple that is for bogus business agreements. Reeks of desperation, fraud and incompetence.
Did anyone see what just happend? Ripple just adjusted their total supply, conveniently leapfrogging us on coinmarketcap.com. Strange timing, no? That's ok, Ripple, we LOVE a challenge. We blew past them once, we'll do it again. Start your engines, gentlemen (and ladies).