Bitcoin Forum

There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.

I said that the XRP price will reach the moon after this meeting. There will definitely be a mutually beneficial agreement between the SEC and Ripple.
Positive thinking, you will definitely make big profits after that meeting.

Whatever the outcome, I don't see XRP sustaining at this price for very long given the shady past of its founders (selling millions upon millions out of their stash. misleading their investors. keeping the users in dark).

If it's a favorable outcome, there could be a slight increase in price in short term. If it's not a favorable outcome, I imagine a lot of people would sell causing the price to go down.

But long term I don't see XRP performing well because at the end of the day it's a centralized currency sold to users under false premise.

A lawsuit is not good for business, I don't think it's going to the moon. But they will come to an agreement as last resort for RIpple if they really can't make it.

I don't know if my understanding of Howey Test is correct but if SEC uses this test, it's likely that they will win.  We'll never know until things will happen. It's just a video call by the way may be due to Covid.

In my opinion, before its happen there will be many fuds around to make the weak hand to sell.
After the meeting, the decision will drive the price to the bottom or going to sky.

But i thinks 22 Feb will just a beginning of the decision, it will not give any final decision.

Nothing will change I guess. The speculations are not healthy that's why others are in a panic.

There's already an agreement surely but obvious that whatever it is, it won't bring and build hype for XRP.

I might be wrong but the legal issues that XRP face is not a joke. It will take time for a bounce back.

Media will sometime overhype the event. They may give good vibes after this situation and give false hopes. So those holders need to check the facts and not just speculations from the media. They are still in the roller coaster ride. It is better to see what SEC has to say about their situation here.

I think it does not depend on them, the fate of stalemate situations, they will still affect the price. If there is no agreement, you will see the fall, but it seems to me that everything will be all right. Any court decision will affect the price.

Don't overthink and just wait and watch this event, don't try to trade this because it will eventually swipe out all your capital if you will not take care of proper money and risk management. We may see 2-sided big wicks taking place on XRP on a daily chart for that day (22 feb) as both ends will pressurize each other to win the battle and wicks will happen that will liquidate so many noobs.

Im not sure about that, the agreement can't be created easily until ripple will be announcing to pay the fines that will be charged by SEC. It's too early to call both were coming into the agreement because basically that's a common thing.
There are lots of media that spread fake news and be careful with these media. The best answer is just to wait for the official announcement. You should never believe with others especially XRP shillers.

my advise as well, as we dont know their sides here. it is better to wait and see whats going on with this xrp situation. though it seems xrp team will fight for their network, yet we dont know what is the verdict of SEC here. it may be a long running battle up until they come to a certain agreement.
but if you are a risk taker, you can closely follow the market and play your chances here. but for me, nope. gonna stay away atm.
 remember, dont trust the media. some of them are paid.

No matter what will be the decision by SEC, XRP will still remain below $1.

Well, it hopes that their issue will stop after this but we can't overthink that it will rally high after this. XRP will give nothing extraordinary, what they have shown in the past will be exactly what to see again. I'm not against XRP coz I'm buying some of it but because it was decentralized coin, have nothing to expect more from this coin.

You cant be wrong, any law issues is not a joke. Especially with a big project such a Ripple.
Its already impact on delisting XRP on many exchanges, but i still see hopes on it. Lets hope Ripple can solve the issues and make a big comeback!

This case already used by the ripple's hater and shillers to fool the newbies. I never seen that SEC came into the agreement that already violated their regulation.
That doesn't make sense to deal or create an agreement with the project that already fooled a lot of people with its largest premined coin in the world. The news that already posted by OP is still vague

I can't be predicted as the situation can change anytime. I will predict this case will be the same as kin. it's ever happened with KIN.

Those should be the ripple supporters who have been saying like that but I do believe if that will never happen dude.


That makes sense consider the case is getting started. People are so crazy to think about the result while they have no clue about what will be happening between SEC and ripple.

Seeing how xrp is making a good steps and progress with its .6 usd price I can also see booming if they won this case. It is hard to predict whether ripple company will gonna win this case but as long as they can give reasonable and clear answer or response, the ripple company will gonna survive and win for sure.

And I agreed with Arrington's (https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.businessinsider.com/xrp-delisted-ripple-sec-complaint-coinbase-crypto-okcoin-trading-platform-2020-12&ved=2ahUKEwjoqsD4hu3uAhUqE6YKHSvZAvYQFjAEegQIKRAE&usg=AOvVaw3dD1uhWa_PJjA_yJzfFLYR) statement, too;


It will continue to exist but the thing is the price if they lose this case. The progress and development will gonna be turned down as well as of course the price of it.

With the drama on SEC, Ripple, lawsuit, suspension, delisting news in past 2 months, I strongly believe that it will be a time for something good. I do neither think they will come to any big agreement and in the future, more drama will be out. Nevertheless, if the market manipulation works as the way it usually is, after bad news, we will see, hear, read good news. Price dumps are to prepare for price pumps.

Bitcoin, Ethereum are two biggest crypto and they were dumped a lot with news before the prepared time for their growth to all time high. All time high for Ripple after the meeting, is it realistic hope?

I think that everything will be fine, since XRP is a very popular cryptocurrency and, of course, XRP developers have a lot of money and all problems with the SEC will be solved, as everyone has already seen that XRP is still growing in price and this of course speaks of the fact that too many people believe and invest in XRP, and of course, this also indicates that everything will be fine with XRP, so you don't even need to worry, just as usual everything will end on a good note.

well there it is, depending on what they want to discuss. If it is bad news again, it might affect the XRP price decline again, but if it is about a formal agreement between the two parties (SEC and XRP Company) on a previous problem that has not been resolved then this can increase selling price of XRP again. but in my opinion XRP holders are still in an unsafe situation, but I hope not, hopefully the XRP company can improve this situation.

The information about the US SEC and XRP to have to an agreement is all false cause the SEC lawsuit is never for once merciful with their defendant and the last time I checked the XRP team fired back at the SEC a couple of days ago so I also believe the lawsuit just begin. When it February 22 I expect XRP to be penalized and possibly seized from providing within the US if things go sour.

I did not learn the details of the XRP and SEC fuss for the pastime, but I think XRP is proving their position in this market hard to flip, and then watch after the end, coming back to its true trajectory, I think XRP price will be PUMP soon.

Of course there will be some sort of compromise, XRP will probably have to pay some fine, they will fix the issue and business will go back to normal like every other big company does. Bad publicity already happened back when this was announced so the negative impact if over. I dont expect anything else but price going up if this bull run continues.  

Didn't know feb 22nd is the so awaited day for the lawsuit hearing, i do hope at the end things will work out in the favor of xrp for the sake of the timing investors who are anxiously waiting to know the faith of the company, if there are other project who have gone through similar situation and comes out positive then it means there is hope for xrp too, supporters should keep a positive spirit.

Like I've said since the SEC war began on XRP the project will win and come out with a flying colors, XRP has strong connection compares to other crypto projects, it's centralized I understand and that's what makes XRP better and of cos going to win this war, nothing is impossible, wait and see how XRP will fly

Not only is it not a joke,,, it will probably get more and deeper as time goes. I doubt very much they can escape from it in a good way, the best they can hope is for their lawyers to just keep delaying it and get more time for them to pull out with as much profit as possible. That will not be easy,,, and not be pretty.

Not only it is not a joke, but also this is basically a way for SEC to say that they are looking at them directly and that will not be the end of it, whatever is going on right now is not just the only problem for ripple, this just means SEC will be looking at them in detail forever without ever stopping.

It means we are going to end up with basically a ton of people who will not realize that even if ripple manages to get out of this without much trouble (which they will face some charges without a doubt) they are going to be a lot more careful, they have to, and that is going to show into xrp a lot as well.

So if you ask me, xrp is a dead coin now, I will never invest into it and I do not think that I will ever have a chance to actually end up seeing them recover at any point.

I still hold XRP and I still believed that XRP will win the case and will go skyrocket after the SEC case. A lot of the same issues that the SEC has in a case are mostly solved after a fine maybe just a few million dollars of payment the issue will be solved. But because of this case holding XRP is risky compared to the times when XRP is not in a handcuff by the case of the sales. For me, cryptocurrency is risky and investing in it so it would not really hurt a lot of the price dump after the case but it's better to have your holdings it's like a gamble for the XRP case to win.

Someone would expect more hype as the day comes nearer. If they did signed a deal and just needed the 22nd to finish it off, it would had leaked and skyrocket the price already.. it could go to a recession one more time, before things clear out

The community of investors is taking it positively, like at the rise of Ripple headed to that date, if they end up in a mutual agreement that will be good for the price of Ripple it could go up to $2 and those who bought Ripple when it crashes and believe in Ripple are going to make a profit, this is one situation that you can make a lot from a big risk and I think it's worth it in the case of Ripple.

This will surely happen at some point, even after the bullish ride we are in right now. Its the thing with XRP, it goes up at any given time.. is independent..

The date is near so many assumes that Xrp will won its lawsuit by then there is speculation that price will urge to high. Well a lot of things could happen and still many who believe in ripple stacks some while it is low. So once the issues will be cleared for sure xrp army will celebrate that price could possibly may rise in the market.

It's not even independent dude but ripple can increase depending on the news. The fundamental will be created based on how bad or good the news that came for ripple.

This time people are putting too much of their funds to bet on the news that can come to the ripple but i have been reading the latest news and it looks like there will be no agreement.
Im sure that if the case will continue to roll out. Ripple must have faced the reality.

Ripple will never be independent.

To be honest, I think that the case is really just beginning to unfurl. The SEC isn't the one to play games when it comes to regulations and they have taken out way too many projects over the years.  The market shows ripple making big moves despite the ongoing court battle with the long financial arm of the United States government. I wanted to jump in on the trading of XRP, but I think I personally well hold off into the final court decision on whether XRP coin is a security or utility coin.

Yes, XRP (https://trade.kucoin.com/XRP-BTC) price is facing this lawsuit that's why it was not for weak hands like noobs, definitely they will face losses if they trade it at the starting point, and for those who already face the time where a certain altcoin cease to exist they already know where to stop their trading and know that they facing a big risk.

Hopefully, with the meeting between XRP and the SEC there will be clarity,
because XRP holders also hope that the problem can be resolved as soon as possible,
I think your decision is right and it is better for you to refrain from engaging in XRP trading,
let's see what the outcome of the meeting will be

A huge spike for XRP (https://trade.kucoin.com/XRP-BTC)!!! Thats what Im expecting will happen. Volume will rise again. This will be lit and it will start a huge XRP hodl that we will see.

Either hard dump or hard dump is the possible outcome depends on how the meeting was going and it is really important moment for XRP holders and its likely to be positive on this case while people still choose trust such centralized nonstable coin is making me wonder how much stupid people we have in the crypto market.

With everyone's doubts about where its future is going, I think this is a fluttering moment for XRP. And I'm not a risk-taker, although I still appreciate that XRP is very good in this market but the influence from the SEC is making me a little hesitant. So maybe after all goes well there will be a time when we can see its future.

XRP coin is the most manipulated we have in the market which is the reason why the team manage to keep it price at the current it was now but after the meeting I don't think things will be good for XRP since they broke the SEC rules and regulation.
Note : SEC is not nice to anyone or company that breaks the laws.

yes there is a little time left,I wonder about the decision to come.Xrp holders are at great loss and while all coins profit in the current season, xrp holders are in serious damage.I hope the case ends up in favor of xrp,If it turns out positive, it will have a nice effect on the price.

I tend to think that in the end everything will be fine for ripple. It seems to me that they will pay some kind of fine of a couple of million dollars and continue to work.
I'm inclined to believe that such a big scam wont collapse so quickly.

Now it's better to find a replacement for XRP altogether. The story is, of course, unpleasant with Ripple's court and reputation. But as far as I can see, even the developers have lost interest in the project, they just fixed the profit and left. I believe that this project has no future and you need to accept this and say goodbye to it. ???

With ripple the situation is not clear at the moment, I would definitely not buy XRP now, although some people do. For me the risk is too high. I'd rather wait and see what's next

Not sure why you would consider it that risky. I feel there is potential in Ripple. Aside bitcoin, from the top coins in the market, I would always choose it.
Even though there is no boom in price now after the said speculation, even if the price did not pump, the future is quite bright for it.

The damage is there but if they'e manage survive this issue, the sentiments might change up. Knowing that crypto space always full of surprises, who knows what would be the fate of this project.

So far it's also experiencing corrections, together with all crypto, things are falling for now. Very timely if you are aiming to buy an assets, you can purchased it now with cheaper value, just don't forget to deal with your research and allow some time to adjust with any possible additional downfall.