Ripple addresses

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Ryan Fugger

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Mar 5, 2013, 7:00:28 PM3/5/13
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Hey, ripple.com seems to be really going now...  Let's all post our addresses so we can trust each other and bootstrap our own network:

Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66

Anyone who wants to get started should be able to get some free XRP here:

https://ripple.com/forum/viewtopic.php?f=1&t=63

Ryan

Adam Wascholl

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Mar 5, 2013, 7:08:35 PM3/5/13
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Adam Wascholl: rGdpwtWikTmNim7xoXgpVpcpikDJaTuFUq


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Philip Morgan

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Mar 5, 2013, 7:14:41 PM3/5/13
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Philip Morgan: r3jZCLXSGxWuu8dwZMRPmBWpumfEPW9Yh9

March 5, 2013 4:08 PM
Adam Wascholl: rGdpwtWikTmNim7xoXgpVpcpikDJaTuFUq



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March 5, 2013 4:00 PM

Jeffrey Cliff

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Mar 5, 2013, 7:30:15 PM3/5/13
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rM1oqKtfh1zgjdAgbFmaRm3btfGBX25xVo
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Joerg Baach

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Mar 5, 2013, 7:50:16 PM3/5/13
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Joerg Baach: rnjw8iDLUuX3eGrz1UytEzd1uhLFk8naLs

Seth de l'Isle

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Mar 5, 2013, 10:30:40 PM3/5/13
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Seth de l'Isle: r3yJUumMvWez4PCGxv8ENdCfXaRKHKFNTp

Jevgenij Solovjov

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Mar 5, 2013, 10:54:26 PM3/5/13
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Jevgenij Solovjov: r3gKmyPmc6hWAFGfSJieTy8CkAK6dUrig1

Dan Miller

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Mar 5, 2013, 11:43:45 PM3/5/13
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Dan Miller: rnziParaNb8nsU4aruQdwYE3j5jUcqjzFm

Jaro Larnos

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Mar 6, 2013, 2:09:48 AM3/6/13
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r9hEDb4xBGRfBCcX3E4FirDWQBAYtpxC8K

I'm in school right now, can't use ripple.com here, so I'll create the connections as soon as I get home.

-Jaro


2013/3/6 Dan Miller <dan.r....@gmail.com>

mail

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Mar 6, 2013, 4:56:04 AM3/6/13
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Hi, I've been on a month, looking for others to try beta,

my id is r3kpnqtBavDPnVbzMr7syzSdCMGKUApo4P

-mike

On 3/5/2013 4:00 PM, Ryan Fugger wrote:
> Hey, ripple.com <http://ripple.com> seems to be really going now... Let's all post our addresses so

mail

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Mar 6, 2013, 5:16:46 AM3/6/13
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Tried to send Seth and Jevgenij 1 XRD, failed to send with message "Transaction failed!
The destination account does not exist. Too little XRP sent to create it." All other wallet IDs
listed here have received XRD with no problem.

On 3/5/2013 7:30 PM, Seth de l'Isle wrote:
> Seth de l'Isle: r3yJUumMvWez4PCGxv8ENdCfXaRKHKFNTp
>
> Le mardi 5 mars 2013 16:00:28 UTC-8, Ryan Fugger a �crit :
>
> Hey, ripple.com <http://ripple.com> seems to be really going now... Let's all post our
> addresses so we can trust each other and bootstrap our own network:
>
> Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66
>
> Anyone who wants to get started should be able to get some free XRP here:
>
> https://ripple.com/forum/viewtopic.php?f=1&t=63 <https://ripple.com/forum/viewtopic.php?f=1&t=63>

Sepp Hasslberger

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Mar 6, 2013, 5:54:21 AM3/6/13
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Trying to get into testing this ...

Sepp

rp5PBXqHfJdxgJobqm8w991UDQVeA1SKsp 

Dan Miller

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Mar 6, 2013, 8:53:27 AM3/6/13
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Seth and Jevgenij needed the necessary minimum 300 XRP to enable their
accounts. There is a 200 XRP account reserve requirement + 50 XRP
owner reserve + 50 XRP for each extended trust line. I sent them both
the XRP so if you try again you should be able to send to them.

What code should we type in to extend trust in "villages.cc hours"?
How about XVH?
Let us know your issuer key if you are issuing "villages hours" via
the new ripple system so we can choose to accept them too or make
offers in the build-in exchange market for your hours.

Hugo Mercier

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Mar 6, 2013, 11:17:39 AM3/6/13
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Hi.
Are you referring to the bitcointalk giveaway ? My account is too young to be eligible. Is it of any use to add my address to the ripple forum thread ?
Anyway, I would love to take part in this network (with micro credit lines as a start).

My address : rEeNYdoVYhq1GFtYf4QmUHmZ5XQmeqUdjw 

Jaro Larnos

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Mar 6, 2013, 12:18:01 PM3/6/13
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I sent Hugo 300 XRP so he is now "activated".

2013/3/6 Hugo Mercier <hmerc...@gmail.com>

--

Jaro Larnos

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Mar 6, 2013, 12:32:15 PM3/6/13
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For some reason the 300 XRP I sent seems not to have gone anywhere yet.

2013/3/6 Jaro Larnos <dignifi...@gmail.com>

Seth de l'Isle

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Mar 6, 2013, 12:37:23 PM3/6/13
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Thanks for the 300 XRP.  I was able to extend trust to Jeff, but that nudged my XRP balance infinitesimally below 300, which means I can extend no more trust.

Jaro Larnos

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Mar 6, 2013, 12:34:17 PM3/6/13
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Ok, it was just a glitch in the client. I can now see I'm running low with Ripples.

2013/3/6 Jaro Larnos <dignifi...@gmail.com>

Jorge Timón

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Mar 6, 2013, 2:08:25 PM3/6/13
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jtimon here
rLp9pST1aAndXTeUYFkpLtkmtZVNcMs2Hc


On 3/6/13, Jaro Larnos <dignifi...@gmail.com> wrote:
> Ok, it was just a glitch in the client. I can now see I'm running low with
> Ripples.
>
> 2013/3/6 Jaro Larnos <dignifi...@gmail.com>
>
>> For some reason the 300 XRP I sent seems not to have gone anywhere yet.
>>
>>
>> 2013/3/6 Jaro Larnos <dignifi...@gmail.com>
>>
>>> I sent Hugo 300 XRP so he is now "activated".
>>>
>>>
>>> 2013/3/6 Hugo Mercier <hmerc...@gmail.com>
>>>
>>>>
>>>> Le mercredi 6 mars 2013 01:00:28 UTC+1, Ryan Fugger a écrit :
>>>>
>>>>> Hey, ripple.com seems to be really going now... Let's all post our
>>>>> addresses so we can trust each other and bootstrap our own network:
>>>>>
>>>>> Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6Mzjga**PH66
>>>>>
>>>>> Anyone who wants to get started should be able to get some free XRP
>>>>> here:
>>>>>
>>>>> https://ripple.com/forum/**viewtopic.php?f=1&t=63<https://ripple.com/forum/viewtopic.php?f=1&t=63>
>>>>>
>>>>> Ryan
>>>>>
>>>>
>>>> Hi.
>>>> Are you referring to the bitcointalk giveaway ? My account is too young
>>>> to be eligible. Is it of any use to add my address to the ripple forum
>>>> thread ?
>>>> Anyway, I would love to take part in this network (with micro credit
>>>> lines as a start).
>>>>
>>>> My address : rEeNYdoVYhq1GFtYf4QmUHmZ5XQmeqUdjw
>>>>
>>>> --
>>>> You received this message because you are subscribed to the Google
>>>> Groups "Ripple Project" group.
>>>> To unsubscribe from this group and stop receiving emails from it, send
>>>> an email to rippleusers...@googlegroups.com.
>>>> For more options, visit https://groups.google.com/groups/opt_out.
>>>>
>>>>
>>>>
>>>
>>>
>>
>
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--
Jorge Timón

http://freico.in/
http://archive.ripple-project.org/

Alessio Stalla

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Mar 6, 2013, 2:12:13 PM3/6/13
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rnTbBAkYLoRwgEtzkvveRBAtKpDUjHW5QT

I still haven't used it... I have a few ideas for applications that
could use Ripple, but too little time right now for that :(
Some gratuitous spam:

http://ripple-project.org Ripple, social credit system
http://villages.cc Villages.cc, Ripple-powered community economy
http://common-lisp.net/project/armedbear ABCL, Common Lisp on the JVM
http://code.google.com/p/tapulli my current open source projects
http://www.manydesigns.com/ ManyDesigns Portofino, open source
model-driven Java web application framework

Hugo Mercier

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Mar 6, 2013, 3:56:29 PM3/6/13
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Thank you for that !
I was about to buy some XRPs with the internal trading system to give you back the 300 XRPs and since I added trust to bitstamp for that matter, I am below 300 and cannot grant trust anymore and neither can I buy more XRP :(
If you or someone else have a few more to give me, I would be able to grant some credit lines. I will give them back when I am able to access the trading system.

mail

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Mar 6, 2013, 4:30:11 PM3/6/13
to rippl...@googlegroups.com
transaction failed for alessio. question: how do we send xrd to someone to activate their account if
they can't receive it?

On 3/6/2013 11:12 AM, Alessio Stalla wrote:
> rnTbBAkYLoRwgEtzkvveRBAtKpDUjHW5QT
>
> I still haven't used it... I have a few ideas for applications that
> could use Ripple, but too little time right now for that :(
>
> On Wed, Mar 6, 2013 at 8:08 PM, Jorge Tim�n <jtim...@gmail.com> wrote:
>> jtimon here
>> rLp9pST1aAndXTeUYFkpLtkmtZVNcMs2Hc
>>
>>
>> On 3/6/13, Jaro Larnos <dignifi...@gmail.com> wrote:
>>> Ok, it was just a glitch in the client. I can now see I'm running low with
>>> Ripples.
>>>
>>> 2013/3/6 Jaro Larnos <dignifi...@gmail.com>
>>>
>>>> For some reason the 300 XRP I sent seems not to have gone anywhere yet.
>>>>
>>>>
>>>> 2013/3/6 Jaro Larnos <dignifi...@gmail.com>
>>>>
>>>>> I sent Hugo 300 XRP so he is now "activated".
>>>>>
>>>>>
>>>>> 2013/3/6 Hugo Mercier <hmerc...@gmail.com>
>>>>>
>>>>>>
>>>>>> Le mercredi 6 mars 2013 01:00:28 UTC+1, Ryan Fugger a �crit :
>> Jorge Tim�n

Jorge Timón

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Mar 6, 2013, 4:41:47 PM3/6/13
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You need to send at least 200 or the account can't be created.

https://ripple.com/wiki/Reserves


On 3/6/13, mail <mailou...@gmail.com> wrote:
> transaction failed for alessio. question: how do we send xrd to someone to
> activate their account if
> they can't receive it?
>
> On 3/6/2013 11:12 AM, Alessio Stalla wrote:
>> rnTbBAkYLoRwgEtzkvveRBAtKpDUjHW5QT
>>
>> I still haven't used it... I have a few ideas for applications that
>> could use Ripple, but too little time right now for that :(
>>
>>> Jorge Timón
>>>
>>> http://freico.in/
>>> http://archive.ripple-project.org/
>>>
>>> --
>>> You received this message because you are subscribed to the Google Groups
>>> "Ripple Project" group.
>>> To unsubscribe from this group and stop receiving emails from it, send an
>>> email to rippleusers...@googlegroups.com.
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>>>
>>>
>>
>>
>>
>
> --
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>
>


--

Jevgenij Solovjov

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Mar 6, 2013, 10:42:04 PM3/6/13
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Thanks for the XRP Dan! I can see it having arrived, and a bunch more capabilities now.

Ryan Fugger

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Mar 6, 2013, 11:28:10 PM3/6/13
to Hugo Mercier, Ripple Project
On Wed, Mar 6, 2013 at 8:17 AM, Hugo Mercier <hmerc...@gmail.com> wrote:

Le mercredi 6 mars 2013 01:00:28 UTC+1, Ryan Fugger a écrit :
Hey, ripple.com seems to be really going now...  Let's all post our addresses so we can trust each other and bootstrap our own network:

Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66

Anyone who wants to get started should be able to get some free XRP here:

https://ripple.com/forum/viewtopic.php?f=1&t=63

Ryan

Hi.
Are you referring to the bitcointalk giveaway ? My account is too young to be eligible. Is it of any use to add my address to the ripple forum thread ?

No, this is a whole different giveaway for new users of the ripple.com forum, which is separate from the bitcointalk.org forum.  Isn't it easier to just click it and read for yourself than to ask about it here...?

Hugo Mercier

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Mar 7, 2013, 3:30:50 AM3/7/13
to Ryan Fugger, Ripple Project
Le 07/03/2013 05:28, Ryan Fugger a �crit :
>
> No, this is a whole different giveaway for new users of the ripple.com
> <http://ripple.com> forum, which is separate from the bitcointalk.org
> <http://bitcointalk.org> forum. Isn't it easier to just click it and
> read for yourself than to ask about it here...?

Sorry for the noise, I read the ripple.com forum thread, but it is
talking about the launch of a giveaway on bitcointalk.org and then full
of people asking for XRP without "official" answers, so I was confused.

Sepp Hasslberger

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Mar 7, 2013, 5:17:44 AM3/7/13
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Thanks for the heads up Ryan, about the giveaway.

I posted my receiving address and now have 301 ripples or XRP. What's next?

There seems to be too little information in the client to do anything. 

I have the numbers associated with three people (presumably they sent me XRP) but there are no names connected with those numbers. I don't see a way to browse members and see who's out there, to find who my contacts might be.

Perhaps there is at least a way to associate a name with a number?

I'm lost in a desert ... of missing information. 

I would like to kick start things by putting some real money into my account (EUR would be best) and start seeing how payments work. I understand we have no exchanges yet, and we'll wait for someone to open one.

Or also, giving each other credit and then having credits available to settle transactions would be another way to do it, but there is no way to know who's there or where they are...

What's the use case for making this work in these early times of implementation?

We can't just expect of people to somehow magically figure out who's who and make their own data base, can we?

Sepp

Joerg Baach

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Mar 5, 2013, 7:29:44 PM3/5/13
to rippl...@googlegroups.com, Ryan Fugger
Joerg Baach: rnjw8iDLUuX3eGrz1UytEzd1uhLFk8naLs

Cheers,

Joerg

Jorge Timón

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Mar 7, 2013, 7:22:02 AM3/7/13
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On 3/7/13, Sepp Hasslberger <se...@lastrega.com> wrote:
> Thanks for the heads up Ryan, about the giveaway.
>
> I posted my receiving address and now have 301 ripples or XRP. What's next?
>
> There seems to be too little information in the client to do anything.

Most of the information is somewhere in the wiki, put is changing
often and still a little bit disorganized.

> I have the numbers associated with three people (presumably they sent me
> XRP) but there are no names connected with those numbers. I don't see a
> way to browse members and see who's out there, to find who my contacts
> might be.
>
> Perhaps there is at least a way to associate a name with a number?

In contacts you can set labels (names) to the addresses. I have
trusted you for some hours.

> I'm lost in a desert ... of missing information.
>
> I would like to kick start things by putting some real money into my
> account (EUR would be best) and start seeing how payments work. I
> understand we have no exchanges yet, and we'll wait for someone to open
> one.

There's a couple of gateways: https://ripple.com/wiki/Gateway_List
You can send EUR to bitstamp using SEPA and they automatically convert
them to USD.
I don't know if you can then withdraw to ripple for EUR since I
directly sold the USD for BTC in the exchange and deposited
bitstampBTC on ripple.
You must trust the gateway before you can withdraw from it to Ripple.
Think of gateways as "paid friends" that accept deposits and settle
their debts on demand.

After trusting and depositing bitstampBTC, bitstampUSD or bitstampEUR,
you can go to advanced -> trade
You have to select the issuer of each currency in the pair you want ot
trade (except for xrp that has no issuer).
The most active market is xrp/bitstampBTC, but there's some
bitstampEUR in the system too.
You can ask your questions on freenode #ripple and you have other
channels to see real time activity: #ripple-watch and #ripple-market
Of course you can ask in the new ripple forum too.

> Or also, giving each other credit and then having credits available to
> settle transactions would be another way to do it, but there is no way to
> know who's there or where they are...

That's why we're posting our addresses here. To trust a person you
need to know his address.

> What's the use case for making this work in these early times of
> implementation?

I don't undesrtand the question.

> We can't just expect of people to somehow magically figure out who's who
> and make their own data base, can we?

Yes. The client remember the label associations you've made to each address.

Jaro Larnos

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Mar 7, 2013, 1:35:25 PM3/7/13
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Ok, there's now two codes for hours on Ripple, XVH for Villages hours possibly, and HRS for...?

2013/3/7 Jorge Timón <jtim...@gmail.com>

Jeffrey Cliff

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Mar 7, 2013, 1:40:56 PM3/7/13
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Hrs is not iso compatible and should not be used.

Jorge Timón

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Mar 7, 2013, 6:30:41 PM3/7/13
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I was using HRS, but I can easily change to XVH.I though just hours
would be more universal, but I won't insist on this if I'm the only
one who thinks that. We just need to use the same code and to know
what it means. There's a "minuto" currency in Spain.
There's also people experimenting with FAV at bitcointalk:

https://bitcointalk.org/index.php?topic=147155.0

I would say I don't want to trade XVH for xrp, frc, btc, usd, etc very often.
Maybe exceptionally to pay off a negative balance that went too fast,
or if I find many offers that interest me at the same time.
But certainly not for arbitraging/speculating. Not that it's a bad
thing, but I would like to keep a balanced balance (sorry for the
redundancy) when using an "informal" unit such us time.
Since I consider villages the best option to understand ripple, I
would like it to be "safe", whatever that means in this context. I
would prefer to have an non-liquid XVH/something else market, and in
the rare case you need other monies to balance your social bartering,
do it through a trusted person at some price that is rational and not
specially profitable for any of the parties involved.

I might be wrong about this, maybe arbitraging hours is not such a danger.
By the way, villages itself could be a great market for "new
ripple-based" mutual credit if we want to use it that way. It is
already built, and this doesn't force you to pay through the web. It
allows village hours payments, ledger ripple payments, barter, give
away things you don't need anymore for free, build your own local time
bank inside of it...

Should we show our addresses in our villages profiles or that would be
too public?

Sepp Hasslberger

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Mar 8, 2013, 6:06:25 AM3/8/13
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Thanks for replies Jorge, 

I may just be expecting too much from Ripple still in beta. Some comments to your reply:


On Thursday, March 7, 2013 1:22:02 PM UTC+1, Jorge Timón wrote:

Most of the information is somewhere in the wiki, put is changing
often and still a little bit disorganized.

I have been to the wiki, but I have looked in vain for information that would explain things in simple terms. I'm talking about explaining things to people who'd like to start using Ripple but who aren't bitcoin users or internet wizards. There should be a section in the wiki that takes people from having no knowledge of Ripple to where they can figure out how to use it - people that aren't programmers or wizards, that is. That kind of information isn't in the wiki or if it is, it's well hidden.
 
In contacts you can set labels (names) to the addresses. I have
trusted you for some hours.

I see about making a list of contacts, so I matched names and numbers as posted in this discussion string. 

About trust, I see that three people trusted me with small amounts of what I assume are XRPs. 

Question: Should that trust not increase my available balance of XRPs? Otherwise, what is it good for, how can I use it?
 

There's a couple of gateways: https://ripple.com/wiki/Gateway_List
You can send EUR to bitstamp using SEPA and they automatically convert
them to USD.
I don't know if you can then withdraw to ripple for EUR since I
directly sold the USD for BTC in the exchange and deposited
bitstampBTC on ripple.
You must trust the gateway before you can withdraw from it to Ripple.
Think of gateways as "paid friends" that accept deposits and settle
their debts on demand.

After trusting and depositing bitstampBTC, bitstampUSD or bitstampEUR,
you can go to advanced -> trade
You have to select the issuer of each currency in the pair you want ot
trade (except for xrp that has no issuer).
The most active market is xrp/bitstampBTC, but there's some
bitstampEUR in the system too.
You can ask your questions on freenode #ripple and you have other
channels to see real time activity: #ripple-watch and #ripple-market
Of course you can ask in the new ripple forum too.

ok - that may just be a bit too complicated for me. I am not into bitcoin, so I have no connection to any bitcoin gateway. Looking into that other gateway that's listed as the first Ripple gateway. 



Jaro Larnos

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Mar 8, 2013, 6:42:02 AM3/8/13
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2013/3/8 Sepp Hasslberger <se...@lastrega.com>
 
About trust, I see that three people trusted me with small amounts of what I assume are XRPs. 

Question: Should that trust not increase my available balance of XRPs? Otherwise, what is it good for, how can I use it?

It was probably started by me. I have no idea if using XRP as IOU's works, but I still wanted to try it. My guess is you will first have to run of issued XRP's until you can tap into those, but since the system looks like it is built in a way it will prevent you from using it, or doesn't even work unless you have at least 250 tangible XRP's on your account it might be those issued in the trust line won't work as they should. Perhaps one could try go around it and create a new abbreviation for XRP IOU's, say XRL (L for loaned) or something, and then trade those for real XRP's.

How does that sound?

Jorge Timón

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Mar 8, 2013, 1:49:38 PM3/8/13
to rippl...@googlegroups.com
>> I have been to the wiki, but I have looked in vain for information that
> would explain things in simple terms. I'm talking about explaining things
> to people who'd like to start using Ripple but who aren't bitcoin users or
> internet wizards. There should be a section in the wiki that takes people
> from having no knowledge of Ripple to where they can figure out how to use
> it - people that aren't programmers or wizards, that is. That kind of
> information isn't in the wiki or if it is, it's well hidden.

Yes, the wiki is pretty technical right now, as that's their priority,
and the introductions aren't talking specifically about the client.
Probably the place with more usage information are the github issues:

https://github.com/rippleFoundation/ripple-client/issues?page=1&state=closed

But it's not ideal either.
There's also questions on the bitcoin stack exchange (which has a
badly chosen name because it's not about bitcoin but cryptocurrencies
in general): http://bitcoin.stackexchange.com/questions/tagged/ripple

Of course the wiki could have more non-technical and introductory
articles. Maybe we could reuse some of the old wiki. There's simple
explanations there that could be completed with the particularities of
the current client.

>> ok - that may just be a bit too complicated for me. I am not into bitcoin,

You can do just the same thing with usd, and I haven't tried, but
supposedly with EUR too.
I mean, when I sent eur they converted into usd, but I didn't try to
withdraw eur to ripple, maybe it lets you do it. Certainly there's
bitstampEUR at #ripple-market
I think it works this way.
Although you can trust xrp, you will not be able to pay with credit
xrp because the server will interpret the currency xrp as a cash
payment. I'm not sure about this though.

What Jaro proposes is what they recommend: just use another code.

Credit xrp can't serve as reserve because anyone can create an
arbitrary number of credit xrp and the reserve is precisely to prevent
spam.

You can find more discussion about this topic here:

https://github.com/rippleFoundation/ripple-client/issues/77
https://ripple.com/forum/viewtopic.php?f=1&t=7

Jaro Larnos

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Mar 8, 2013, 2:55:09 PM3/8/13
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2013/3/8 Jorge Timón <jtim...@gmail.com>
 
Although you can trust xrp, you will not be able to pay with credit
xrp because the server will interpret the currency xrp as a cash
payment. I'm not sure about this though.

What Jaro proposes is what they recommend: just use another code.

Credit xrp can't serve as reserve because anyone can create an
arbitrary number of credit xrp and the reserve is precisely to prevent
spam.

Ok it sounds like it'd be wise to change the code then. I suppose it must be created universal so anyone using Ripple could accept it. Any suggestions for it? XRL?
 

Melvin Carvalho

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Mar 10, 2013, 5:55:48 PM3/10/13
to rippl...@googlegroups.com
On 6 March 2013 01:00, Ryan Fugger <a...@ryanfugger.com> wrote:
Hey, ripple.com seems to be really going now...  Let's all post our addresses so we can trust each other and bootstrap our own network:

Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66

Melvin Carvalho: rwxo7BUnJwkq11upp4FsPK6kMLnHim5FM
 

Anyone who wants to get started should be able to get some free XRP here:

https://ripple.com/forum/viewtopic.php?f=1&t=63

Joined and posted, thanks! :)
 

Ryan

Seth de l'Isle

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Mar 11, 2013, 11:18:11 AM3/11/13
to rippl...@googlegroups.com
Hi Melvin,

I sent you some XRP so that you can get started. I don't know if that
give-away is still running.

Thanks,
Seth

2013/3/10 Melvin Carvalho <melvinc...@gmail.com>:

Jorge Timón

unread,
Mar 11, 2013, 11:25:36 AM3/11/13
to rippl...@googlegroups.com
I don't think it is, they said they weren't giving xrp away manually
anymore just before starting bitcointalk's automated giveaway.

Ryan Fugger

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Mar 11, 2013, 3:49:06 PM3/11/13
to Ripple Project
On Thu, Mar 7, 2013 at 12:30 AM, Hugo Mercier <hmerc...@gmail.com> wrote:
Sorry for the noise, I read the ripple.com forum thread, but it is
talking about the launch of a giveaway on bitcointalk.org and then full
of people asking for XRP without "official" answers, so I was confused.

No, you're right, I read the thread again and it's not at all clear what's going on.  No harm in posting there, but who knows if you'll get any XRP or not...

Daniel

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Mar 11, 2013, 8:27:54 PM3/11/13
to rippl...@googlegroups.com
Daniel Levy
http://www.humandalas.com
rUrgNM8UvqGXPFVynxSsvKKAATFtqJGZSw

Seth de l'Isle

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Mar 11, 2013, 8:36:13 PM3/11/13
to rippl...@googlegroups.com
Hi Paul and Daniel,

I sent you guys some XRP to get started.

2013/3/10 Paul Meserve <pmes...@gmail.com>:
> Paul Meserve: rEHxTUTg8oUn2Wk9U1C5RtJTtW4SMM5psw

mail

unread,
Mar 12, 2013, 1:58:27 AM3/12/13
to rippl...@googlegroups.com
Just went through and trusted everyone for 10 usd, would be a lot easier to have spreadsheet type
contact manager to allow bulk changes instead of doing the same think repeatedly. Hopefully this
will be an option later on.

On 3/5/2013 4:00 PM, Ryan Fugger wrote:
> Hey, ripple.com <http://ripple.com> seems to be really going now... Let's all post our addresses so
> we can trust each other and bootstrap our own network:
>
> Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66
>
> Anyone who wants to get started should be able to get some free XRP here:
>
> https://ripple.com/forum/viewtopic.php?f=1&t=63
>

sureshbabu...@gmail.com

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Mar 14, 2013, 3:51:31 AM3/14/13
to rippl...@googlegroups.com, a...@ryanfugger.com
sureshbabu basavayya : rMz9GPvbkzJ9NokU5ezsZwte21aMphZ8Eo

The thread mentioned does give out XRP only for those who are in Bitcoin Forums before Feb 19:

Anyone whose Bitcoin Forum account was created before February 19, 2013, 18:45 UTC, is eligible to receive XRP.

On Wednesday, March 6, 2013 5:30:28 AM UTC+5:30, Ryan Fugger wrote:
Hey, ripple.com seems to be really going now...  Let's all post our addresses so we can trust each other and bootstrap our own network:

Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66

Anyone who wants to get started should be able to get some free XRP here:

https://ripple.com/forum/viewtopic.php?f=1&t=63

Ryan

Seth de l'Isle

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Mar 14, 2013, 5:56:58 AM3/14/13
to rippl...@googlegroups.com
Hi Sureshbabu,

I sent you some XRP to get started.

Thanks,
Seth

2013/3/14 sureshbabu...@gmail.com <sureshbabu...@gmail.com>:

Vin Hoel

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Mar 30, 2013, 3:18:09 PM3/30/13
to rippl...@googlegroups.com, a...@ryanfugger.com
Hi guys,

Here's my Ripple address, Vin Hoel: rh4bDoQeN94Dh3USSoQKx7FFH1DNvvQMyn

I hope to one day get paid through Ripple for my animations and illustrations. 
For now though, I just need some XRP to enable my account. Is there a giveaway running still?

Vin

Jeffrey Cliff

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Mar 30, 2013, 3:20:14 PM3/30/13
to rippl...@googlegroups.com
That's the spirit!  Just sent you some.  Welcome to the future!


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Vin Hoel

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Mar 31, 2013, 4:37:54 AM3/31/13
to rippl...@googlegroups.com
Cheers Jeff! Much appreciated. Do I send them back now that my account is enabled, or do I pass them on to others who want their accounts enabled? 

Jeffrey Cliff

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Mar 31, 2013, 10:21:05 AM3/31/13
to rippl...@googlegroups.com
You keep them to conduct transactions.  If you want, send 300-ish to someone else to get them going.  If you need more than 300(ie know more than one person, I know it's a strange concept) you may have to find other sources of xrp [ see FAQ http://www.reddit.com/r/ripplers/wiki/index  ].

Dan Miller

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Mar 31, 2013, 10:26:58 AM3/31/13
to rippl...@googlegroups.com
On Sun, Mar 31, 2013 at 4:37 AM, Vin Hoel <osh...@gmail.com> wrote:
Cheers Jeff! Much appreciated. Do I send them back now that my account is enabled, or do I pass them on to others who want their accounts enabled? 

See https://ripple.com/wiki/Reserves for an explanation of the XRP reserves you'll need to keep.
 

Melvin Carvalho

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Mar 31, 2013, 1:02:59 PM3/31/13
to rippleusers



On 30 March 2013 21:06, Victor Escudero <bitc...@vescudero.net> wrote:
Hi guys, 

just for a limited time period, I will provide my services of buying or selling bitcoins, mtgox voucher codes, USD in bitstamp, etc, etc. for no additional fee to anyone that can send IOU debt to me through ripple.

My intention is to build a strong ripple network based of trust, so we can speed up the trade process and access to bitcoin credit for people I don't even know personally but have a trusted chain to me.

Here you have my ripple address: rGUrehcNthxydn9RXg7NAFBAiCzr2gQKYQ

Thanks!

Sent you 1 ripple ... feel free to add me back :)
 

-- 
Email contact: https://privacybox.de/bitcoiner.msg (Key-ID: 0x82C47638).
My bitcoin donation jar: 1VESCU4YLvNYhmTsJRgFKKn3bLFeeWtJm

Tim Akinbo

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Mar 31, 2013, 3:17:03 PM3/31/13
to rippl...@googlegroups.com
Hi Victor,

This is awesome. I just granted you some trust. My interest in Ripple has mainly being about the ease of getting bitcoins but the more I use the system and read about it, I realise that it does serve a different purpose and is better suited for other things than just getting bitcoins. Over the years, I've been exploring methods of payments that will enable Africans (I'm from Nigeria) to make and receive payments over the Internet without the perception of the transaction deemed as being potentially fraudulent. I think systems like Bitcoins and Ripple are going to change all of that.

Looking forward to interacting with more members of the community.

My ripple address is: rM8BExuvAMaUtAUdyUJUPd8qyH7BdQPwbj

Cheers.

Tim Akinbo

Seth de l'Isle

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Apr 3, 2013, 12:13:17 AM4/3/13
to rippl...@googlegroups.com
Hi Tim,

I routed you some trust (denominated in bitcoins). I'm all for
revitalizing the image of Nigerian finances on the Internet.

My address:
r3yJUumMvWez4PCGxv8ENdCfXaRKHKFNTp

2013/3/31 Tim Akinbo <tak...@gmail.com>:

Seth de l'Isle

unread,
Apr 3, 2013, 12:21:42 AM4/3/13
to rippl...@googlegroups.com
Hi Rishi,

I sent you some XRP to get started. And some trust too.



2013/4/1 Rishi Gangoly <rishig...@gmail.com>:
> Hi Ryan,
>
> My ID is r4uRryBDYR6ejHWaskwy5bGbDvKaPHwSi2
>
> Rishi
>
> On Wednesday, 6 March 2013 05:30:28 UTC+5:30, Ryan Fugger wrote:
>>
>> Hey, ripple.com seems to be really going now... Let's all post our
>> addresses so we can trust each other and bootstrap our own network:
>>
>> Ryan Fugger: r4cA3L7ibT4p6kmEsYqE3YVc6MzjgaPH66
>>
>> Anyone who wants to get started should be able to get some free XRP here:
>>
>> https://ripple.com/forum/viewtopic.php?f=1&t=63
>>
>> Ryan
>

Rishi

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Apr 3, 2013, 12:28:55 AM4/3/13
to rippl...@googlegroups.com
Wow. Thank you.

Rishi
+91 9322727415
http://whoisrishi.com

Rishi

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Apr 3, 2013, 4:36:24 AM4/3/13
to rippl...@googlegroups.com
Hi Seth,

Thank you for the XRP. Now I just need to give 300 XRP to a friend and another 300 XRP to another friend and ask them to keep doing the same. Right?

Rishi

Alex Kotov

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Apr 3, 2013, 5:05:06 AM4/3/13
to rippl...@googlegroups.com
Looks like Registration on the forum is closed.
Is there another way to get some XPR to start trust network?

Aleksandr Kotov
rH84UjwRV2jSfcKxAXpqioLjCFYStVEizV

Alex Kotov

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Apr 3, 2013, 10:44:03 AM4/3/13
to rippl...@googlegroups.com
Undestood that your friends could not "keep on" giving 300 XPR, because they need to keep something in Reserve.

"Current reserve fee schedule:
account reserve: 200 XRP
owner reserve: 50 XRP"
"The reserve is calculated as the: account_reserve + owner_reserve * owner_count
The owner_count is the number of ledger entries attributed to the account. This is a count of the number of open offers and non-default trust lines attributed to the account."

Jorge Timón

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Apr 3, 2013, 11:55:25 AM4/3/13
to rippl...@googlegroups.com
Once you have some you can buy more depositing for example bitstampBTC or bitstampUSD.
For this you must use advanced -> trade
and select a gateway address as the issuer:


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Seth de l'Isle

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Apr 3, 2013, 12:10:04 PM4/3/13
to rippl...@googlegroups.com
Hi Alex,

I sent you some XRP to get started.

I traded a bunch of bitcoin for ripple bitcoin credit with bitstamp,
and have been buying XRP when I need to, so that I can distribute XRP
to people who look legitimate or who I have already interacted with
through villages.cc or who I recognize from ripple forums.

Thanks,
Seth

2013/4/3 Alex Kotov <aleksand...@gmail.com>:

Tim Akinbo

unread,
Apr 3, 2013, 12:41:59 PM4/3/13
to rippl...@googlegroups.com
Thanks Seth.

I've returned the kind gesture by also granting you some trust in BTC.

Cheers.

Tim Akinbo

Miles Thompson

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Apr 3, 2013, 3:57:40 PM4/3/13
to rippl...@googlegroups.com
Bit late in to this game but I'm
rLQiruQkcCu8dKJSX2pmVuNqzbmcRnq5Jw

... fwiw
Miles Thompson
T: +64 49 023 023 | M: +64 2153 9843 | E: utu...@gmail.com

Seth de l'Isle

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Apr 3, 2013, 5:17:22 PM4/3/13
to rippl...@googlegroups.com
2013/4/3 Miles Thompson <utu...@gmail.com>:
> Bit late in to this game but I'm
> rLQiruQkcCu8dKJSX2pmVuNqzbmcRnq5Jw

Not at all late. I have sent you some XRP to get started and extended
some trust.

Alex Kotov

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Apr 4, 2013, 3:34:33 AM4/4/13
to rippl...@googlegroups.com
Thanks a lot, Seth. Will keep on doing on your way.
See that Bitstamp accept Euro.

Not, yet understood how XRP money supply work and what/who is controlling rate of exchange. With Bitcoin it is set market and mining supply.
Looks like ripple.com controlling supply XRP and seigneuriaging from it.
Am I right?

Jorge Timón

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Apr 4, 2013, 4:50:21 AM4/4/13
to rippl...@googlegroups.com
Yes, Alex, that's how it works.
Supposedly they (opencoin inc.) are not selling them out yet though. The market price is determined by supply and demand, where supply should mostly come from the giveaway at bitcointalk. Some links:

http://bitcoin.stackexchange.com/questions/7622/how-will-ripples-be-distributed
https://bitcointalk.org/index.php?topic=145506.0

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Lee Brenton

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Apr 4, 2013, 7:46:39 PM4/4/13
to rippl...@googlegroups.com, a...@ryanfugger.com
Hi, this forum is down for me.
bitcoin-central down and security breached too.. hmmm

anyway here's my public address
rUBy6LAzPpqnv8vp1W5NsuEXHHG2Hg8D8L

lee

Seth de l'Isle

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Apr 4, 2013, 8:26:57 PM4/4/13
to rippl...@googlegroups.com
Hi Lee,

I have sent you some XRP to get started and granted you some trust.

Thanks,
Seth

2013/4/4 Lee Brenton <pagan.m...@gmail.com>:

Miles Thompson

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Apr 4, 2013, 9:46:41 PM4/4/13
to rippl...@googlegroups.com
I'm super excited to see some real funding and a real effort behind
the new (not so new now!) ripple.com.

I am however super dissapointed to find that it is totally incomprehensible.

I'm the first to admit I haven't paid enough attention but as a
sometime enthusiast for alternative currencies, ripple and bitcoin you
would think I could figure it out in a few minutes just by browsing
the site.

Nope. Browsed around for a bit haven't the slightest clue what any of
this means.

The site is very clean and well presented and I'm delighted to see
that Seth is on there and that he sent me 800 XRP and that I can
'trust' him but the bottom line is I still don't really 'get' what any
of this means.

Offering this into the ether in the hope that someone will see this
and add it to the list of priorities - hopefully high on the list.
That is actually user testing the interface with relative newbies,
figuring out what they find hard to understand and finding ways to
make it easier to understand. If it requires a video to 'explain' it
all that would be admitting defeat to some extent but at this stage it
would certainly be better to do than have no explanation at all.

Sorry for being 'that guy' but if the only people that speak are the
people who have taken the time to figure it all out then nobody talks
about the all important 'first impressions'.
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Jorge Timón

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Apr 5, 2013, 8:07:49 AM4/5/13
to rippl...@googlegroups.com
Your old ripple video "what is money?" was awesome. It would be great
if you make another one for the ripple client.
I'm not sure but here's a simple explanation. Please ask concrete
questions of what you don't get.
First of all, xrp are cash like bitcoin. You only need them for
reserves (200 + 50 for each trustline/offer), you can always pay with
credit only.

In advanced -> trust you can see your balances and create or modify trustlines
To pay, just go to send, choose the quantity you want the receiver to
receive and the address/contact name.
In wallet -> contacts you can make a list with your contacts so you
don't have to remember weird hashes (addresses).

Currencies are tagged with a 3 letter symbol (USD, BTC, HRS...).
Although they have selectors, you can manually edit them and write
whatever three char symbol you want. For example, HRS is not there by
default.

The exchange rate between trust lines with the same three letter tag, are 1:1

In advanced -> trade you can place orders with different exchange
rates. For example, you can place an order like "100 bitstampUSD for 1
bitstampBTC".
Note that order books change depending not only on the currency you
select but also on the issuer you select (it may select one of your
trusted peers as issuer by default if you haven't selected any
issuer).

I don't know what else to say, as said, feel free to ask anything.
These links may be useful too:

https://ripple.com/wiki/Main_Page
http://bitcoin.stackexchange.com/questions/tagged/ripple

By the way, I think I've trusted you for some HRS, but I can't
remember for sure and I don't have access to the client under the
company's proxy right now.

Cheers
Jorge Timón

http://freico.in/

Tim Akinbo

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Apr 5, 2013, 8:10:00 AM4/5/13
to rippl...@googlegroups.com
Jorge,

Can you share the link to the "what is money?" video?

-- Tim

Tim Akinbo

Jorge Timón

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Apr 5, 2013, 8:23:16 AM4/5/13
to rippl...@googlegroups.com
Sure, here it is with other Ripple videos:

http://archive.ripple-project.org/Main/Videos

David Hales also appeared on Keiser Report explaining Ripple a while ago.
I think he said "Ripple is to credit what bitcoin is to money" or
something like that, really interesting guy. But Miles's video is my
favorite. Specially because of his distinction between "one-sided" vs
"two-sided" money. That's really what I mean when I say "cash" vs
"credit" here and there.

Tim Akinbo

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Apr 5, 2013, 8:33:19 AM4/5/13
to rippl...@googlegroups.com
Thanks Jorge.

Jorge Timón

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Apr 6, 2013, 7:29:51 AM4/6/13
to rippl...@googlegroups.com
Daniel Levy now offers to convert HRS from ripple to village hours and
viceversa.

https://villages.cc/posts/318/

I've updated my profile too. Saying that people can pay me with HRS on
Ripple as equivalent.
I think HRS better than VHR or XVH because other time banks or mutual
credit local currencies could use it within Ripple too.

Even if we end up using mostly Ripple for payments, villages is still
very useful for offers and wants, and to help people connect. This
thread sharing our addresses is fine, but I think a web with public
profiles like villages is more convenient.


On 4/5/13, Tim Akinbo <tak...@gmail.com> wrote:

Seth de l'Isle

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Apr 6, 2013, 2:40:09 PM4/6/13
to rippl...@googlegroups.com
It would be cool if we could move the whole Villages.cc graph into the
Ripple network. There are some significant obstacles to that, but it
would be cool.

2013/4/6 Jorge Timón <jtim...@gmail.com>:

Ryan Fugger

unread,
Apr 6, 2013, 10:39:54 PM4/6/13
to Ripple Project
I've actually been thinking about a ripple users directory with searchable profiles so people could find each other to transact.  It's not really much different than Villages -- simpler actually.  Add in links to trust and pay others on ripple.com, and you can basically do everything Villages does, without having to worry about the accounting stuff, or securing private keys, etc.


Jorge Timón

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Apr 7, 2013, 6:52:48 AM4/7/13
to rippl...@googlegroups.com
Interesting. Maybe it can be combined with the graph somehow:

https://github.com/rippleFoundation/network-viewer

Still, a market (offers and wants) is necessary somewhere.

Seth de l'Isle

unread,
Apr 7, 2013, 2:42:10 PM4/7/13
to rippl...@googlegroups.com
Hi Antony,

I extended some trust to you. It looks like you already have some XRP?

Thanks,
Seth

2013/4/7 Antony Miles <ure...@gmail.com>:
> Hi, I am joining. Here’s my address
>
> rKNygeUHLP1NdNJj5n9oRmci3bRMvg4Zen

Alex Kotov

unread,
Apr 11, 2013, 10:22:12 AM4/11/13
to rippl...@googlegroups.com
Hi, Seth

I bought some BTC on bitcoin-24.com and transferred them to my account on bitstamp.com
How to buy XRP directly from Ripple.com?

Seth de l'Isle

unread,
Apr 11, 2013, 11:44:26 AM4/11/13
to rippl...@googlegroups.com
Hi Alex,

2013/4/11 Alex Kotov <aleksand...@gmail.com>:
> I bought some BTC on bitcoin-24.com and transferred them to my account on
> bitstamp.com
> How to buy XRP directly from Ripple.com?

It is a multi-step process. (I'm doing this from memory because
bitstamp.net is down right now, yikes).

1. Go to withdraw funds on bitstamp.net and chose the Ripple withdrawal method.
2. Bitstamp will give you a Ripple address, which you will need to
trust (denominated in BTC) through Ripple.
3. Once you trust this address you can "withdraw" your bitcoin balance
on bitstamp.net to BTC IOU's on the Ripple network.
4. Using the Advanced -> Trade dialog in the Ripple client, you can
make an offer to trade Bistamp/BTC for XRP over the Ripple network.

Thanks,
Seth

Alessio Stalla

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Apr 11, 2013, 11:49:31 AM4/11/13
to rippl...@googlegroups.com
Could someone lend me enough XRP to get started? I'd like to try out BitStamp as well.


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http://villages.cc Villages.cc, Ripple-powered community economy
http://common-lisp.net/project/armedbear ABCL, Common Lisp on the JVM
http://code.google.com/p/tapulli my current open source projects
http://www.manydesigns.com/ ManyDesigns Portofino, open source model-driven Java web application framework

Seth de l'Isle

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Apr 11, 2013, 11:52:49 AM4/11/13
to rippl...@googlegroups.com
I would be happy to help with XRP. Do you already have a Ripple
wallet? If so, post the address here or email me directly.

Unfortunately, Ripple.com has disabled creation of new wallets to
limit the growth of the network while they continue development.

2013/4/11 Alessio Stalla <alessi...@gmail.com>:

Alessio Stalla

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Apr 11, 2013, 12:00:23 PM4/11/13
to rippl...@googlegroups.com
Duh, sorry. I have a wallet: rnTbBAkYLoRwgEtzkvveRBAtKpDUjHW5QT

I posted it earlier, but it got lost among all the enthusiast replies :)

Thanks.
Alessio


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Seth de l'Isle

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Apr 11, 2013, 12:05:46 PM4/11/13
to rippl...@googlegroups.com
Hi Alessio,

2013/4/11 Alessio Stalla <alessi...@gmail.com>
> Duh, sorry. I have a wallet: rnTbBAkYLoRwgEtzkvveRBAtKpDUjHW5QT
>
> I posted it earlier, but it got lost among all the enthusiast replies :)

Sorry, I should have searched more carefully.

I sent you some XRP to get started and extended some trust.

Thanks,
Seth

Thomas Sherlock

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Apr 11, 2013, 12:54:25 PM4/11/13
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I now understand Trust as a line a of credit or an amount I am willing to lend out to another participant in the Ripple network.
However, I noticed that I am unable to trust in XRP; only political currencies and BTC are available.
This poses a problem since the exchange rate between XRP and the other currencies are not posted.

I noticed that Ripple.com (OpenCoin?) has a forum.  I'll post this issue there as well.

Tom

Seth de l'Isle

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Apr 11, 2013, 2:13:25 PM4/11/13
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Hi Thomas,

2013/4/11 Thomas Sherlock <t...@ramruva.com>:
> However, I noticed that I am unable to trust in XRP; only political
> currencies and BTC are available.

You can trade XRP IOU's. The drop down is also a text entry box where
you can enter any three letter code you can imagine.

> This poses a problem since the exchange rate between XRP and the other
> currencies are not posted.

There are markets between XRP and national currencies within Ripple.
Access them by clicking on Advanced -> Trade and selecting issuers.
Then wait a few seconds and you will see the current spread.

Thanks,
Seth

Seth de l'Isle

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Apr 11, 2013, 2:24:43 PM4/11/13
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Hi Alex,

I sent you some XRP to get started and extended some trust.

Thanks,
Seth

2013/4/11 Alex McAdams <mcadams....@gmail.com>:
> Hi Everyone,
>
> I'm new to ripple, but excited to get started. Any chance someone might be
> able to lend me some XRP to get started?
>
>
> My wallet is: rU7zh6YF5NLcD1xQ2biD87QZmcEPDF5sUT.
>
>
> Also, can anyone recommend a good "primer" on ripple? I'm working my way
> through the wiki, but would love to check out a simplified overview if it
> exists.
> Thanks!
> Alex

Thomas Sherlock

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Apr 11, 2013, 8:56:13 PM4/11/13
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Hi, Seth.

Thanks for the explanations. I followed your suggestion and was able to trust out at XRP.


On Apr 11, 2013, at 2:13 PM, Seth de l'Isle wrote:

> Hi Thomas,
>
> 2013/4/11 Thomas Sherlock <t...@ramruva.com>:
>> However, I noticed that I am unable to trust in XRP; only political
>> currencies and BTC are available.
>
> You can trade XRP IOU's. The drop down is also a text entry box where
> you can enter any three letter code you can imagine.


I find it strange, however, that after adding XRP to the list, it's not there for a second trust entry.


>
>> This poses a problem since the exchange rate between XRP and the other
>> currencies are not posted.
>
> There are markets between XRP and national currencies within Ripple.
> Access them by clicking on Advanced -> Trade and selecting issuers.
> Then wait a few seconds and you will see the current spread.


No spread showed for me. Instead I'm asked to enter the amount of USD to buy, the price of each XPR.

I don't see a market list appearing. I'm only presented with my contacts.


Tom

Alessio Stalla

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Apr 12, 2013, 3:24:34 AM4/12/13
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Thanks a lot!

A.


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Alex McAdams

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Apr 12, 2013, 10:22:11 AM4/12/13
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Thanks a ton Seth!  Really appreciate it.  :-)

Seth de l'Isle

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Apr 12, 2013, 11:41:29 AM4/12/13
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Hi Thomas,

2013/4/11 Thomas Sherlock <t...@ramruva.com>:
> I don't see a market list appearing. I'm only presented with my contacts.

There should be a blue bar below the currency and issuer selection
area, with values for bid, ask, spread and last price. If there are
currently no bids for that particular set of currencies/issuers then
the values will be n/a. If you'd like to see an active market try:
BTC/USD with BitStamp (rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B) as an issuer
for both. Also, down below you'll see an order book.

Thomas Sherlock

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Apr 12, 2013, 3:38:37 PM4/12/13
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Thanks, Seth.
It's starting to make a little more sense.  Now I need help on interpreting the data (see chart below).
I Set BitStamp as the issuer for USD/XRP.

So The bid Price of 509 XRP is for how much USD?  Is it one USD?

I see one line where the Bid Price is 10 XRP  and the ask Price is 988 XRP and the size is 1 USD.  Does this mean that 10XRP are equal to 1 USD?
Or 988XRP are equal to 1 USD?    Or is the Bid Price of 10XRP is equal to 10 USD?

None of this is clear for determining the exchange value.


Tom




Sum
USD
Size
USD
Bid Price
XRP
1,985.1149911,985.114991509.9999
1,992.6149917.5501.00
2,557.072476564.457484500.00
2,657.072476100200.00
2,667.0724761010.00
5,167.0724762,5003.00
15,167.07247610,0002.00
26,177.07247611,0101.00
35,022.2624768,845.190.10
35,023.26247610.01
1,095,023.2624761,060,0000.001
Ask Price
XRP
Size
USD
Sum
USD
750.0096.99896.998
799.00100196.998
800.008,345.198,542.188
985.00208,562.188
988.0018,563.188
989.9518,564.188
990.00608,624.188
1,000.00232.968,857.148
1,085.0038,860.148
1,100.001008,960.148
2,999.001509,110.148
3,333.0019,111.148
4,444.0039,114.148
9,970.0029,116.148
14,490.0029,118.148
49,999.002009,318.148
300,000.0039,321.148

Seth de l'Isle

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Apr 12, 2013, 7:01:42 PM4/12/13
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Hi Thomas,

2013/4/12 Thomas Sherlock <t...@ramruva.com>
> So The bid Price of 509 XRP is for how much USD? Is it one USD?

Yes, one USD.

The history for that same Ripple USD/XRP market is also represented
graphically at ripplecharts.com:

https://ripplecharts.com/market/USD:Bitstamp/XRP

> I see one line where the Bid Price is 10 XRP and the ask Price is 988 XRP
> and the size is 1 USD. Does this mean that 10XRP are equal to 1 USD?
> Or 988XRP are equal to 1 USD? Or is the Bid Price of 10XRP is equal to
> 10 USD?

I was confused by that too. There are two tables side by side. One
for buy offers and one for sell offers. The line from one table has
no special relationship to the line in the other. It looks like you
are supposed to read from left to right across the whole page but that
is not the case.

Thanks,
Seth

dchapes

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Apr 14, 2013, 1:02:28 AM4/14/13
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On Friday, 12 April 2013 19:01:42 UTC-4, Seth de l'Isle wrote:
Hi Thomas,

2013/4/12 Thomas Sherlock <t...@ramruva.com>
> I see one line where the Bid Price is 10 XRP  and the ask Price is 988 XRP
> and the size is 1 USD.  Does this mean that 10XRP are equal to 1 USD?
> Or 988XRP are equal to 1 USD?    Or is the Bid Price of 10XRP is equal to
> 10 USD?

Depends on if you're buying or selling.

I was confused by that too.  There are two tables side by side.  One
for buy offers and one for sell offers.  The line from one table has
no special relationship to the line in the other.  It looks like you
are supposed to read from left to right across the whole page but that
is not the case.

It's a standard order book. One side has all the BIDs (buy orders) that people are willing to pay ordered from best (bigger) to worst (smallest). The other side has all the ASKs (sell orders) with what people are asking for from best (smallest) to worst (bigger). The difference between the biggest BID and the lowest ASK is called the spread.

Many of the markets on Ripple do not have very much activity and so the spread can be huge. If the best BID is 10 XRP then the highest anyone is willing to pay is 10 XRP, in order to sell immediately you'd have to sell at that price. If at the same time the best ASK is 988 XRP then the cheapest anyone will sell is for 988 XRP, in order to buy immediately you'd need to buy at this price. In such a case the buyers and sellers have a very different view of what the item is worth and aren't going to trade with each other. The spread is high and it's hard to say what the "price" is. Somewhere between 10 and 988.
If you wanted to sell but knew 10 was too low you'd enter your own price, say 750 XRP. Your's is now the best ASK and the whole ASK side of the order book shifts down to put your SELL order on the top. Your order is not filled right away but sits on the books until someone makes a crossing offer or you cancel the order. The next time someone wants to buy they'll be offered your price (e.g. in Ripple sending USD to someone will use the best ASKs from USD/XRP to quote you a price to send using your XRP). Now the spread is less and the price is between 10 and 750.
The amount for each offer is also important. This is the market depth. If your sell order at 750 XRP is the best but is only for an amount of $0.10 then someone wanting to buy $20 can't get it at 750. Then can get the first $0.10 at 750 and the rest at the next best ASK price all the way down the order book if they want to trade a huge amount.

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