Bitcoin Forum

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

It is positive news because now we don’t have to worry that coins like Ethereum will be labeled as securities. Hence why coins like ADA are rallying as a result.

This is a huge win but it’s crazy how long this lawsuit took. Millions of dollars wasted on legal fees but we finally won. This is incredible bullish news. Coinbase is already announcing they are resisting XRP for trading.

I'm doubtful it does a huge impact but as we can see, their issue with the SEC has been for many years and we've passed the 2021 bull season already. Meaning, it was not the XRP that could lift up the current market situation or the SEC but it was the trust of investors and new adapters. We seek bigger demand in order to fill the declining gap and I know people are not only investing in XRP but mostly in Bitcoin. Whatever will happen to XRP it doesn't really matter as the market will become bullish without this project - IMO.

XRP is not like other cryptocurrencies. They do not promise that their currency will have more value in the future. On the contrary, I find them closer to the concept of the Chinese yuan, as increasing the value of the yuan is harmful to them because in the end they want very fast transactions with low fees. If the value of XRP increases, this means an increase in the value of the fees.

We will reach a stage where the price of XRP will be stable with a large number of transactions, then we can say that this currency is successful, which is a different scenario from Bitcoin, as limited supply and higher demand will make the value of Bitcoin stable somewhere between $500,000 to $2 million.

If you are betting that you will be rich by investing in XRP alone and waiting for its value to rise, then you are probably missing out on the alternative investment opportunity. XRP is suitable for short-term trading as you can benefit from fluctuations in the medium and short term.

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EDIT:
I thought you were talking about XRP.


When the lawsuit against XRP occurred for the first time, the market was not affected, even if XRP price fell by 30%, so why would the market be affected when the opposite happens?
The XRP case will open the door to many lawsuits filed by the regulator against crypto companies such as Binance and Coinbase according to which many staking currencies were affected as securities, so its impact will be limited to pairs such as Polygon's MATIC and ALGO, and these currencies will not cause a change in the price of Bitcoin. No matter how expensive it is, it will not affect crypto market (because Bitcoin is what drive the market) or speed up events.

This is nothing about xrp as coin. Please re-read post.

I dont think the ruling itself will fuel the run but it is a very good sign. The best part was seeing how other coins reacted to the ruling. For example SOL went for an impressive run immediately after the news came out.
I got a feeling most people in crypto are about ready to have a new bullrun

Not sure that this is enough for real bul run but we already see small pumps here and there

No doubt that it has effect on the current market price specially big coins like Bitcoin and Ethereum.

XRP has one of the biggest, more than 70% run and I think it is still growing as we speak. And again, it could have the effect has trickled already, Bitcoin is like in the $31'ish again.

And if we remember, it has a hard time breaking that price, until couple of days ago when this news comes out. And not $31k seems to be the support line.

I believe we are in the early stages of a bull run. XRP's win was a massively positive event for the whole blockchain space. Eagerly awaiting the FOMO stage.

Well, but it has happened, effect is on whole market. I mean just look at the change (https://coinmarketcap.com/coins/) in last 24 hrs, btc ain't exception either. Why would you disown the live data?

I guess everyone has it's own opinion here, although for some bitcoin enthusiast, it should happen. I mean the effect should be BTC to altcoin market and not the other way around. I can't remember though in the past, or at least since 2017 (when I join the market) that we have this kind of effect.

But in any case, it's good to hear Ripple winning here, and look at the change of the price of XRP in the last 48 hours. And maybe we can compare it to BTC when let's say a Spot Bitcoin ETF is to approved, maybe a jump of proportions will also be felt not just BTC itself by the whole crypto.

With its influence being so overwhelming I was a bit surprised,
hopefully there will be more good news about XRP and it's not impossible that it will make the market go up,
we just follow the development and we'll see later.

I am still looking at the matter in a neutral way when the market is still in a state of undetermined trend, and the volatility is strong before big news. Even though we are seeing a lot of good news surrounding the crypto market right now, it seems to me that there is a direction to get people's attention, perhaps a new growth cycle coming up, I'm not sure it'll start anytime soon but maybe in the next year or so we'll see a really strong market.

yes, i am personaly  think like that,  it's better to stay updated. and if there has been a final announcement about this, it will definitely be the target of news hunters to be published on their main page and this will be good news for the development of crypto itself, not just XRP. at least for now that's about it.

The issue between XRP and the SEC has been going on for a long time and has affected the trust of some investors and users. Regardless of the determination of XRP and the SEC, personal views on whether XRP will have a significant effect on the market may differ. However, the cryptocurrency and Bitcoin markets have continued to grow and increase in price during this time.

Finding greater demand and discovering new potential projects is also an important part of the game in the crypto space. Bitcoin and Etherium remain the best long-term investments.

Why did you assume that because of XRP win in SEC, Bitcoin moves by 3% to 7%, and perhaps even 10% due to the movement of supply and demand, and therefore the movement within this range is considered normal and does not need an external influence to say that it is the reason for changing the price of Bitcoin.

when we compare price changing:

Bitcoin price change rate within a week: 0.23%
ETH price change rate within a week: 3.92%
XRP price change rate within a week: 53.67%

Also, the rates of change during narrower ranges, such as less than a week, are not affected, as happened with the price of XRP.

The opposite would be completely different if Bitcoin rose by 53.67%, you will find all cryptocurrencies rising by a percentage close to that.

Btw, you are very observant in reading the percentages even though they are certainly temporary. if Bitcoin goes up 53.67%, XRP will fly to the moon, I can see this from the data you are presenting just now. that's right, BTC goes up any coin that is on the exchange, all of them are no exception XRP or something else.

I'd see this as an escalating issue, after solving the first one, another case will be filed. But the good thing is that XRP never quit and this will tell us that the team has no time to give up but had it work.

However, in this situation, even if XRP will win still it won't give a huge impact and its price remain like that. A decentralized project won't go that high and pump more because even during the bull season, it was seldom to see its price like bullish, it was not really.

rather,
i see whether it wins or not the next bull run has to happen, but we've seen quite a bit of good news coming to this market right now, perhaps these are bringing attracting investors back to the market as well as attracting more people to learn about it. There are a lot of things that I think are exaggerating about the future a trend is about to begin, although I am also very bullish on this market, I will continue to watch what happens next.

I agree with you on that if Bitcoin moves like that in a day, that would really take the whole market to move, not in the instant but there's always a lag before altcoins moves. Well, we can't deny the fact that XRP ruling was good for the market but I still believe Bitcoin should be the one leading the market then altcoins will just follow its trajectory.

At this point, beginners may be shocked that the market went up and they did not have time to invest in these coins. In principle, if you are afraid to invest your money, you can just participate in the web3 quest from TFS and easily earn some money and just invest it in any promising coin

The impact of XRP coin has been showing up and the next bull run Ripple will be skyrocket, because it has won SEC in court, if you can bear with me, the day update came up, XRP Coin make a great impact in the cryptocurrency market, when all coin's are in Bear market, Ripple raise up as a good News of the court case won, and I strongly believe that Ripple will do well in next Bull Run market.

If they have billion assets even if they will invest in crypto then it may possible bull market. But this type hype never long time so all investors need to buy more crypto for bull market. After all if btc will move on continue then should be possible a big bull market.

It’s very hard to win against SEC if SEC is the one that creates the guidelines for the cryptocurrency to be categorized as securities. XRP is just prolonging their case but they will obviously lose in long term once they are out funds. They are very lucky that their supporter still believes on the project and never sold or else they will experience loss like Terra Luna when the team don’t have liquidity to use for their battle.

I think bullrun will help XRP to have an extra life line since they will have more funds for their resources but XRP will not gonna beat SEC unless they will come up with settlement like Binance did.

Well, this is not always a consequence of the increase in the price of BTC, because we have observed many times that when the price of Bitcoin increases greatly, the price of altcoins practically remains in the same place. And this happens for the reason that investors sell altcoins and buy BTC.

It can be a make or break opporunity for XRP if they fully won their case against SEC. It is possible that it can be a catalyst for the next bull market since thier win can be a win for the whole cryptocurrency as it can lead projects in to the path that can avoid SEC suitcases. It will be the opposite if they lose, XRP will experience a dump same as the pump happened last day after winning partially on their suit case. All we can hope  for now is that they win their suitcase as I believe their suitcase is one of the biggest suitcases in the history of cryptocurrency.

Even though J.P. Morgan also responded regarding Ripple's XRP Decision as a Revolutionary Success for the Crypto Industry but that doesn't mean the case is over. and about when start for next bull run we can see if BTC monthly closing above $31,800 will mean start of Bull Market. Let's hope it's true.

There are zero altcoins out there that actually start bull runs.  Everything must wait until bitcoin decides to move.  Xrp can run and dip either way it won't create bulls nor bears on the flipside.  It's always positive to have something go crypto way in terms of legalities but that's all it is.  Bull is coming soon just not because of xrp.

The answer is yes. Few days ago i saw xrp skyrocket suddenly and thats made me wodner. Then i recently saw an article where they mentioned, xrp win in sec case. Thats why xrp get huge number of investor and it increased incredibly and still have chance to keep increasing. Bull session is still far away in my opinion. So during bull session, It'll pump more cause from now people can invest with xrp without worries of sec issue

Obviously, that's what happen to us, we've seen a huge surge in prices in XRP and other top crypto as well. But after that, it seems that we are back to normal, and maybe there are a individuals who took advantage of that, sell their XRP or whatever altcoins they have and get the profit.

So there is no bull run yet, just a minor uptick in prices. The real bull run might happen after the bitcoin block halving next year. So we still have a lot of time to brace ourselves. But before that we should be accumulating by this time, whether bitcoin or altcoins.

The actual bullrun was not only influenced by this one thing, especially regarding the XRP problem with the SEC which incidentally is nothing new anymore. Yesterday there was also Binance vs SEC, and maybe there will be some other things that are quite influential on the market to go up or down. but to say it became a bullrun, I don't think it's enough, we'll just have to see how the XRP price moves itself, we really need to admit that this really had an impact on the XRP market itself, which rose quite high from a few weeks ago, and also overtook BNB's position on CMC. This is a very good development for XRP. but it's not enough to say bullrun, XRP still has a much higher ATH above this.

XRP will win and that's why many are preparing for this already, they are buying in bulk and the recent was a pumped.
SEC is just messing around and look at the other cases, they have no basis at all and they just want to create panic after all.
Bull market will be big since we are in the longest bear market in crypto world, so I'm expecting a huge bounce back from crypto market, Bitcoin will still lead the market though.

In the bull market, everything pumps so that's a completely normal occurrence. XRP still has an impact in the crypto space  since they allegedly caters for the enterprise users of blockchain and crypto (i'm not really sure what they do). But BTC, ETH, BNB and XRP are some of the big players that will have a good run.


The rally wasn't surprising. It was a major news and win for Ripple and all of crypto

Yes, the bearish market is influenced by several events and negative news is one of the many events but XRP winning the SEC case is not what will start the next bullish market.
1. The current bullish market does not depend on XRP, it only depend on Bitcoin.
2. When XRP was first charged with the US SEC lawsuit. Does it impact the market? Hell No. Why would it do some wonder now?

Such news without a doubt brought a positive movement to the market in general and more specifically to XRP, however I find it doubtful that in a few years down the line once the next bull market is over we will look back to these days and suddenly think that this event was the beginning of the bull market.

This is a positive news but that is it, the halving and the next bull market are still far away and this event will not be enough to propel the markets to new heights.

Bear market are always dominated by bad news as it has been for several months. We have experience several bad news and I think it's time we start getting some good news in a build up to the halving of Bitcoin happening next year. After then we can continue getting good news which will be very good for the market as it'll make investors to have trust in the market again to invest.
The bear market had the SEC chasing after different token and exchange and Binance exchange was their most targeted which caused lots of panicking in the community. Maybe as Xrp has won their case, other projects won't be scared of the SEC anymore and exchange too can now operate knowing they can win their lawsuit as well so they won't be bothered. Xrp has already started pumping .
Investors are regaining trust in the project and buying so they can benefits from the gains in the future. I think anybody investing in xrp should be careful because whenever there's a sudden pump in price, a dump always follows and it can make many people broke if they invested too much in the project and was expecting the price to just keep going high as they have won their case.

I wouldn't count on it lasting enough to be a bull run though, it's just a temporary hype kind of thing if I were to describe it since it shows even with SEC doing all this stuff against crypto, crypto can and will still stand with what it is. Though it might snowball for other altcoins simply because of the fact that crypto won over the SEC, if it hasn't already that is. These kinds of first-time kind of stuff would always sway investors, both new and old to, well, invest more.

It affecting Bitcoin is another thing though I think imo.

     -    Didn't Ripple recently score against the Sec because the Court ruled in their favor. And it's a big deal that Xrp won against Sec. It's a pity that when the value of Xrp fell, I didn't have the opportunity to buy.

But I think it's not too late for me to save it. For sure, when the time of the bull run returns, Ripple is one of the things that Bitcoin can pull up. And it is also possible to return to ATH. That's why it looks like the Sec won't stop this kind of thing.

yes ripple won recently and XRP is not a security, that decision was final enough to open up the future of XRP and open up a sizable probability going forward.
We still have time to buy XRP, and the halving is still far away, so it is very likely that we will get returns from XRP during the bitcoin halving, but yes, we must be aware of the risks that may occur because not all of the XRP supply has gone down to the market, so there may be an additional quantity of goods that will make the price go down. but with a very strong XRP holder when pressured by the SEC, it shows that XRP has enough strength to bring us back to its ATH.

After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.

For now yes but I doubt SEC will not appeal on this ruling. There’s an article recently published https://cryptopotato.com/is-xrp-in-trouble-again-sec-signals-appeal-in-ripple-case that shows SEC signaling an appeal to this court ruling. It mention that the decision fails to reflect existing securities regulations that will cause another battle against SEC. We can consider it as round 2.

A positive ruling from the court will help the altcoin market because all the major altcoins sold their tokens as unregistered security offering and a ruling against XRP means that all the major coins will come under that umbrella and will have to face the same issues in court. When it comes to the next bull run, these positive court hearing will not have a major impact on the price, the market moves when BTCitcoin bull starts.

It doesn't seem normal to me that a case takes this long. The SEC XRP case, which will be almost 4-5 years, and it never ends. I also wonder at what level XRP would have been without these litigation events. If it continues like this for a few more years, the uncertainty could weaken XRP considerably. The community it currently has may gradually abandon the token. Of course, when I look at this negative side, I see this. There is another possibility.

As it appears now, it seems the XRP is coasting to victory in the suite. We have seen a report rumoured that the court was suggesting the US Security and Exchange Commission settles with Ripple and XRP out of court. Another thing suggesting XRP will win is that all the major exchanges like Coinbase that delisted XRP are now relisting it. It is a sign of big win for Ripple XRP.

Excuse Me, Let me ask a question is, why should it be outside the forum?? So a question mark. Even though this has been happening for a long time. Is the court tired of dealing with it? I think this sounds a bit odd if that's what you're saying. For XRP if it is. I am also happy, there has been a bright spot and a winner.

"Could XRP win in SEC case be a start for next bull run?" - you are asking?

Firstly, this victory, so far, is only an intermediate one. We have yet to find out how the confrontation between XRP and SEC will end. Will XRP's eventual victory in court be the catalyst for the bull run? I think definitely not. If you are looking forward to it very soon. You mention bitcoin halving, which is just getting closer. This is more important than winning XRP vs. SEC. Traditionally, it is the halving that becomes the starting point for the start of a bull run. In truth, with some delay and after a while. Plus, positive news begins to act as reagents for this process. A win of XRP could affect this if it happens after the halving, and if other good news is added, then the effect will be better. If only, by that time, there were no troubles in the crypto industry that could put out the fire of the flaring crypto-hype.

In my personal opinion bull-run completely based on bitcoin not in XRP. But it is true that the win against of SEC can be make some positive influence on the market I mean it already happened. But market is on his own track now. But XRP is performing much better from ago. Anyway ruling of bitcoin will be always stay on Cryptocurrencies market and if the bull-run is happening then it will be cause for the next halving I guess.

Yes, and especially to those projects that are also attacked by SEC. There's a possibility their demand could also go high because of the partial win of XRP. It means a lot, and it means it could be done, there's no need for them to doubt the project after SEC filed a case against them.
BNB will be one of those. Let's see if Binance could repeat the same thing that XRP did. All they need is to fight back.
But I heard news that they will be changing the chairman of SEC so I think it's also a positive sign that they can win it.
After that, it will all be a bull run until everything calms down.

I think the latest success of XRP has had a good impact on the entire cryptocurrency market. Recently sec has given nightmares to cryptocurrency and xrp was able to show that nothing is impossible, the main thing is to be able to defend interests. Of course xrp is not a coin that can be a catalyst for a bull market. But remember about doge in the last cycle. Then too no one would have thought that doge would start a festival.

We could presume that will happen and it has become uncertain and to trust a project having that situation is hard. But we have some good news in regard to the case, however, that can't give us confidence and thinking that this could help the price to rally. In fact, as we can see, nothing has changed, the price is still low which means that the support level is not huge enough to trigger and make a rise. So even if the case was over, we couldn't think that the price of XRP will improve but rather see it the same as before.

I think by themselves events like xrp win and bitcoin halving will not have any global impact on the market. We can only count on some localized pump that won't allow to update the ath of the market or ath of these cryptocurrencies. Until liquidity starts flowing into the market, there will be no bullrun. What could be the catalyst to bring liquidity to the crypto industry? Halving bitcoin? Not likely. Rather, some global changes, such as bitcoin being legalized in a number of countries, lifting the ban on cryptocurrencies in some countries, improvement of the economic situation in the world, lower inflation, etc.

You make sense. And if you think about it, this case ruling appears to have at least caused some positive light to the cryptos deemed as securities, hence the pump. News sentiments these days are either positive (they aren't that big to bring significant liquidity but positive nonetheless) or neutral these days, better off negative I guess.

Whether there is XRp case or not,halving is a bitcoin natural Phenomenom that start when the time is right, by the end of this year, I expect everyone to be discussing about halving because it is an event everyone wouldn't want to miss, I also want to be part of it. XRP case against Security exchange commision is a signal for other companies that launch altcoin which SEC is now hunting to collect money from will be having hope, if XRP that was launched during ICO worst time could win, then there is hope for Matic, Near protocol and Solana.

Bull run could be a little late next year, perhaps maybe it will come by 2025 but don't depends on that, make sure you have your coins in your bags so you don't miss the train but nevertheless, I expect all the coin to increase in value during bitcoin halving, so sit tight and don't buy into the FUD of SEC.

If you look at the case of XRP winning against the SEC, that could trigger a bull run to come into the market. But if we look at the movement of bitcoin until now, it seems that we still have to wait for the bull run to come because the price of bitcoin also hasn't been able to increase and start to get its pump. But with time, we can see when XRP grows up, that could be a sign for a bull run to come. But if s bitcoin can move first, that will also trigger a bull run. The market needs more positive news from outside to provide positive sentiment and move the bitcoin price at least to get to the $ 40k- $ 50k level. So let's just wait.

They just delayed this case because they wanted to gather more evidence which will not gonna happen because there is no such thing in the case of Ripples and they could have close this one since they don't find any solid evidence to close the company. It was really not healthy anymore for the market of XRP since the involvement of the SEC in their company and it makes the investors doubt whether it is reasonable to hold XRP for the long term or not. Now when they clear everything about this case, surely the price of XRP will rise and they also get more people to trust them.

It seems that everyone's positive and joyful moods have dried up and the market has moved to correction. There is no special excitement on the altcoin market either. The situation between XRP and SEC is more like a staged performance, where some influential person decided to stage such a trial, and SEC just found a reason for a court case. Such an excuse can be found with any cryptocurrency if you want to. My usual conspiracy theory :)

Yes i am agree with you bear market are influenced by Negative events so bull market will happen through positive events. I think XRP win with SEC it is also big positive news. And it has big possibility for bull market i strongly believe it. XRP Now free from all legal matter. So it’s popularity will more increase there has no doubt. Many people believe that XRP will go to the moon. It's price where will go which we are Couldn't imagine. My prediction when bull market will start then xrp price will hit minimum $10.And it will happen i believe it.

Arent you aware that this had already been known about the result about SEC vs XRP?
Although this is just partial but still a positive thing for XRP.

Ripple gets partial win against SEC as XRP deemed not a security in some cases (https://www.cnbc.com/video/2023/07/14/ripple-gets-partial-win-against-sec-as-xrp-deemed-not-a-security-in-some-cases.html#:~:text=Squawk%20Box%20Europe-,Ripple%20gets%20partial%20win%20against%20SEC%20as%20XRP%20deemed%20not,a%20security%20in%20some%20cases.)
Ripple Labs notches landmark win in SEC case over XRP cryptocurrency (https://www.reuters.com/legal/us-judge-says-sec-lawsuit-vs-ripple-labs-can-proceed-trial-some-claims-2023-07-13/)

Somewhat its not really that completely a win but at least we are seeing that there's progress in between.Now we are talking about a possible kickstart or catalyst for bull run? NO!
No other news that would be able to be the main reason for the market to have that BR aside from that Bitcoin halving event.

XRP won at the right time because we're about entering the bull market and XRP can be among some of the top gainers for the bull market and since they're not having the SEC sueing them, the price of their tokens can increase with others instead of staying down as it did the last time. XRP would had been worth more that $10 if the lawsuit wasn't active against them.
XRP is an old project therefore they're not like the new projects that might scam their investors. XRP would be around for a very long time therefore if you're looking for a long term investment then you can decide to invest in XRP and hold your tokens. The market received a boost because of XRP winning their lawsuit but their victory isn't enough to turn the market from bear to bull.
XRP needs to use this positive momentum to get the price to atleast $1 so in the bull market the price will be targeting $10 and that'll make investors to get 1000% increase and make a nice profits. I don't think XRP will keep increasing while the rest if the market is experiencing a correction because of Bitcoin price falling below $30,000 but the market will get support soon.

There is a very solid reason to close the company, which is the fact that they printed their fake money and sold it to people and used those peoples transactions to power their blockchain which they used to profit from other companies as a payment processor and transfer company. That is illegal in so many cases and they can shut it down anytime they please, there is really not a single second they need to stop, they can shut it down even today.

But, you need to understand, white crime is not a big deal in the USA, you could literally steal billions and be out quicker than someone who steal 100 bucks from someone. As long as you bribe the right people, you are going to be fine and Ripple unfortunately knows who to bribe.

With the SEC lawsuit behind, its indeed true that XRP's price isnt shackled as it was previously. And oh boy! What a sigh of relief it is. XRP's potential to cross the $10 mark, had the lawsuit not been active, is something that we've been robbed of seeing. However, its not just about being an old project or escaping the lawsuit, XRP needs to step up its game to capture and leverage the post-lawsuit enthusiasm. You mentioned the $1 target - quite achievable indeed; the $10 target though - now that's a delicious proposition.

Do not be so quick to pop the champagne yet. The Bitcoin price dip, and the general market correction, may bring some temporary chills. But rest assured, XRP's victory has given the market a much-needed morale boost.

There is no bull run to start after Ripple Labs won their case. It was just temporary surge in price, it's the hype I guess. But after a few days, the prices of altcoin market plummeted already.

So I guess who have taken the advantage of that news could have sold their XRP to make a profit. So we need to officially wait for the next bull run in 2024 because that is where the real action is. Just imagine though if this news happens in the bull run, the price could really go up on a parabolic rise. But it's not over, we can still accumulate as much as we can and prepare for the eventual new ATH whether its XRP or other top altcoins.

The movement of crypto will always occur on two sides, which cannot be avoided: the negative side will be affected by a bear market, and the positive side will be connected with a bull market. This situation will always be repeated and will occur at any time, whether it is influenced by real news or just issues.Likewise, with the news about XRP against the SEC, it will obviously have a positive impact, which might, as you say, be the start of a bull market.but I have no doubt that a bull market will occur later this year as well as in preparation for the halving era.