[XRP] Ripple Speculation

[RandomStuffMaker]

Should I hold some xrp or should I wait for a signal that btc may go down?

[1714687766]

1714687766

[1714687766]

1714687766

[bbc.reporter]

If XRP is centralized, how come Ripple won't simply prevent him selling it?

The reason might be because there was an agreement that involved lawyers and papers signed. They needed to control Jed and at the same time Jed needed assurance that he can dump without legal repurcussions. Jed would never need permission if it was decentralized.

So at any time Dumping of XRP may happen?is this what can happen?though we are not accusing Jed of this yet the Possibilities are there?
sorry for Noob question i just find it interesting.

Anyway the Spark airdrop is ending soon,Will Ripple stays this low?opposite from expectation of others.though its their fault expecting too much for a crypto coin.

Jed cannot anytime. There was an agreed limit on how much Jed can sell every week during the first years until he can sell up to 2 billion XRP per year on the 7th year and remainding years. The agreement was signed on 2014.

There are sources about this on the internet.

[vsyc]

XRP being XRP, so September 2018.

[Ziskinberg]

Should I hold some xrp or should I wait for a signal that btc may go down?

Wait until bitcoin will go down, it will certainly go down due to big correction. If you buy XRP now, you will not get a good value, time for selling now, not buying. I could be wrong also, so try to carefully analyze the situation as I'm no expert.

[vsyc]

Boring

[mich]

XRP is now valued at $0.57 and is up 7.86% in the last 7 days. 

The XRP price has been on the decline since Nov. 24 but just recently on Dec. 16 that changed increasing by 50% in only 2 days.  With this type of momentum we might see another 50% swing anytime now.

[vanhalendlrband]

If XRP is centralized, how come Ripple won't simply prevent him selling it?

The reason might be because there was an agreement that involved lawyers and papers signed. They needed to control Jed and at the same time Jed needed assurance that he can dump without legal repurcussions. Jed would never need permission if it was decentralized.

So at any time Dumping of XRP may happen?is this what can happen?though we are not accusing Jed of this yet the Possibilities are there?
sorry for Noob question i just find it interesting.

Anyway the Spark airdrop is ending soon,Will Ripple stays this low?opposite from expectation of others.though its their fault expecting too much for a crypto coin.

Jed cannot anytime. There was an agreed limit on how much Jed can sell every week during the first years until he can sell up to 2 billion XRP per year on the 7th year and remainding years. The agreement was signed on 2014.

There are sources about this on the internet.

He basically doesn’t have enough to really impact the xrp price

[vanhalendlrband]

Should I hold some xrp or should I wait for a signal that btc may go down?

Wait until bitcoin will go down, it will certainly go down due to big correction. If you buy XRP now, you will not get a good value, time for selling now, not buying. I could be wrong also, so try to carefully analyze the situation as I'm no expert.

Seems to me xrp hasnt yet reacted to the btc rise like it did when it seemingly went up with btc most of this recent rise and now is oddly stuck at some wall it seems to me, maybe shoots up again if it can break it. But yeah if btc dumps whales will dump xrp but im not sure if they can keep doing it in this btc run or if they really want to sell this low

[AliErkic]

Should I hold some xrp or should I wait for a signal that btc may go down?

Wait until bitcoin will go down, it will certainly go down due to big correction. If you buy XRP now, you will not get a good value, time for selling now, not buying. I could be wrong also, so try to carefully analyze the situation as I'm no expert.

Seems to me xrp hasnt yet reacted to the btc rise like it did when it seemingly went up with btc most of this recent rise and now is oddly stuck at some wall it seems to me, maybe shoots up again if it can break it. But yeah if btc dumps whales will dump xrp but im not sure if they can keep doing it in this btc run or if they really want to sell this low

Yes, happy to see it, people start realizing about xrp's fraud.
XRP is a dead shit coin, better get out ASAP, it is highly manipulated and Brad Garlingcrook only waits to load off his pre-mined bags.

But yeah if btc dumps whales will dump xrp but im not sure if they can keep doing it in this btc run or if they really want to sell this low

Biggest problem is Brad Garlingcrook here, he has shit loads of pre-mined coins to be dumped and he's only waiting for it.
If someone want to make gains here, my special recomendation: BTC is superior longterm! Already 18M mined out of 21M, safe bet
Switch your xrp into Bitcoins!
BTC price will go up!

[vanhalendlrband]

Should I hold some xrp or should I wait for a signal that btc may go down?

Wait until bitcoin will go down, it will certainly go down due to big correction. If you buy XRP now, you will not get a good value, time for selling now, not buying. I could be wrong also, so try to carefully analyze the situation as I'm no expert.

Seems to me xrp hasnt yet reacted to the btc rise like it did when it seemingly went up with btc most of this recent rise and now is oddly stuck at some wall it seems to me, maybe shoots up again if it can break it. But yeah if btc dumps whales will dump xrp but im not sure if they can keep doing it in this btc run or if they really want to sell this low

Yes, happy to see it, people start realizing about xrp's fraud.
XRP is a dead shit coin, better get out ASAP, it is highly manipulated and Brad Garlingcrook only waits to load off his pre-mined bags.

But yeah if btc dumps whales will dump xrp but im not sure if they can keep doing it in this btc run or if they really want to sell this low

Biggest problem is Brad Garlingcrook here, he has shit loads of pre-mined coins to be dumped and he's only waiting for it.
If someone want to make gains here, my special recomendation: BTC is superior longterm! Already 18M mined out of 21M, safe bet
Switch your xrp into Bitcoins!
BTC price will go up!

XRP has all the signs of a pop on the way, its already doubled in fiat value, the BTC pair has been a bit more interesting is all i was mentioning, not at all following any real pattern

[MemberBerries]

Ohhh no no noooo


https://twitter.com/SEC_News/status/1341477833810522114?s=19




Ripplenconneeeeeect

[vsyc]

  but muh bags

[bbc.reporter]

Ohhh no no noooo


https://twitter.com/SEC_News/status/1341477833810522114?s=19




Ripplenconneeeeeect

I am shocked the SEC charged them. I have speculated that the political connections of the people behind Ripple might help them avoid this. It also appears that other projects might be charged. Jed McCaleb funded Stellar by selling his XRP. He might be next.

[AliErkic]

Ohhh no no noooo

YESSSSSSSSSS

RIPPLE REKT

Who is suprised? Only rippletards!
Ripple Labs is a SCAM company resulting in loss for so many people! Selling useless XRP nonstop to exchange it to BITCOIN and ETHEREUM.

Garlingcrook is a con man.
Get him SUED!!!!!


Did you mark my works?

Will Ripple XRP be the number one cryptocurrency before the end of the year?

Never, it's a scamcoin launched by some greedy idiots. When pockets are filled and ripple has no use case for greedy devs to make money it will be abandoned and xrp shitcoin will be dead. Better sell it off before xrp dies. GET OUT!

Centralized ripple shitcoin is coming to an end soon. I hope all people will get out before it's too late and avoid huge losses.

If I hear Rippel I say: AVOID THIS SHITCOIN!!

GET OUT!! XRP IS SHITCOIN!!!!!!

XRP is REKT!!!!!!

SELL NOW

I have speculated that the political connections of the people behind Ripple might help them avoid this.

'Murica not corrupt enough

[ice18]

Big sell of from XRP its down by -19% in 24 hours after this lawsuit news I wonder what will the the future of XRP now? I heard that all exchanges that currently trading XRP might also get sued by SEC or maybe as a trader its a good opportunity to buy at dip,

[livingfree]

Big sell of from XRP its down by -19% in 24 hours after this lawsuit news I wonder what will the the future of XRP now? I heard that all exchanges that currently trading XRP might also get sued by SEC or maybe as a trader its a good opportunity to buy at dip,

Beaxy exchange has reacted to halt trading XRP and announced it through their twitter account. They are advising everyone to withdraw their XRP on their exchange effectively.

https://twitter.com/BeaxyExchange/status/1341515639089999882

The SEC charge has really affected XRP badly.

[bakasabo]

What a huge hit by SEC ! Ripple is already on a forth place on coinmarketcap and on a top place of weekly lossers.
Poor Ripple. It has been trying to survive since 2017 and I guess it has come time to say goodbye. I wonder who would invest in it after such announcement from SEC. I think it will face the fate of facebook and telegram altcoins - will die silently after not being understood and supported.

[Branko]

ripple said they have double digit US partners waiting for xrp to be decalred a commodity
before they start using it

[JollyGood]

Here is a thread I created about the SEC filing charges against Ripple: https://bitcointalk.org/index.php?topic=5302872.0

Even though Ripple will fight the allegations and charges in Court what is clear is that this will take a long time before any resolution is found and with an appeal pending immediately regardless of who wins after the verdict is announced, it will take even longer for things to become clear.

https://www.bbc.co.uk/news/technology-55415350
https://www.cnbc.com/2020/12/23/cryptocurrency-xrp-plunges-25percent-after-sec-files-lawsuit-against-ripple.html
https://www.ibtimes.com/why-sec-suing-ripple-what-know-about-xrp-lawsuit-3108368

[ololajulo]

Here is a thread I created about the SEC filing charges against Ripple: https://bitcointalk.org/index.php?topic=5302872.0

Even though Ripple will fight the allegations and charges in Court what is clear is that this will take a long time before any resolution is found and with an appeal pending immediately regardless of who wins after the verdict is announced, it will take even longer for things to become clear.

https://www.bbc.co.uk/news/technology-55415350
https://www.cnbc.com/2020/12/23/cryptocurrency-xrp-plunges-25percent-after-sec-files-lawsuit-against-ripple.html
https://www.ibtimes.com/why-sec-suing-ripple-what-know-about-xrp-lawsuit-3108368

The allegation is likely true and I saw it coming since last year. They might struggle with this case in court and at the end loss, they are likely buy time with the court case to accrue some fund as exit scam. All through last year, everyone was complaining of the high transaction of ripple, some with the thought of dumping the market to accrue bitcoin but we got a different story now