The fate of Ripple now depends on the decision of the court in New York

[VirusTeam]

    

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

[Javanewstar]

If lost Ripple, Ripple will be paid to the company a lot of tokens, so this will cause the market panic, make a lot of people selling XRP, it really is not a good thing for the XRP.

[BADBITCH]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

I believe otherwise
the faith of ripple depends on the hodlers

if you panic and dump off, then you damage market value and ripple will fall,
but if you stay strong and retain your faith in ripple
it will rise above challenges and rise to the moon

[longwintershere]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

this is the problem of ripple as they're centralized. Doesn't seem to be sorting many things with blockchain just using it for few people gain, which is very similar to current non blockchain solutions. I don't think this is the way blockchain should be used

[Herbert2020]

no matter what happens, what contracts, partnerships,... (fake or real) you read about in the news, nothing about Ripple is going to change.

XRP is a pump and dump centralized altcoin with absolutely no usage whatsoever. from time to time it gets pumped and whenever it is getting pumped it is getting pumped big time not just a tiny rise. and the rest of the times the market is struggling with the huge sell off thanks to all the dumps and the massive supply of XRP that is flying around!

[andrey755]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

Not quite so, in part, yes before he has a lot of investors for support, who by the way got win-win guarantees. So even if the court loses, it will certainly fall and the return of these funds will be taken from ordinary investors, but it will remain afloat and will further deceive people.

[ruffles2016]

I think ripple will probably los this case and it will crash coin into possible oblivion. Wait and see guys.
It is so much better for ripple to die as I see it somekind of scam like bitconnect. I wish they pull the plug.

[inillo]

It is true, this coin has never been very good frankly, it is always dependent on news that are mostly fake and apparently all people digest them gladly. I would stay away.

[TrumpD]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

Would you be kind enough to share a news article as source of this? If true then this would be the third major blow for ripple in 2018, and we are just 2 and half months in. That coinbase rejection was a huge blow.

[slaman29]

Wasn't aware of this news, but this is why I've always not looked at Ripple as a good coin, just too many deals were made, and community only knows about it now. This is also the problem with its huge supply. Yes, people keep bringing it up, and the devs keep saying they've locked away so much but this is all artificial control of price. I bought some of course, not going to say I stayed away, and I'm still confident it'll bring the price back up to at least the old ATH *at some point* but well, we all knew what the deal was always going to be with Ripple!

[favelle75]

ripple price is going down everyday cause all we know court result before it ends.
Its going to drop to 1 satoshi after the court ends. Ripple = RIP

[kryptogunner]

Wasn't aware of this news, but this is why I've always not looked at Ripple as a good coin, just too many deals were made, and community only knows about it now. This is also the problem with its huge supply. Yes, people keep bringing it up, and the devs keep saying they've locked away so much but this is all artificial control of price. I bought some of course, not going to say I stayed away, and I'm still confident it'll bring the price back up to at least the old ATH *at some point* but well, we all knew what the deal was always going to be with Ripple!

do you really think that it will be worth it to hold? i mean what if it just keep dying a little everyday like it has been doing recently.

[terible.hunter]

It seems to me that here more than half of the forum said that Ripple is not crypto currency and that you do not need to buy it, but still a lot of people did not listen and tried to buy it. I think that all this happened only because they were all very greedy and did not believe that today the Ripple project could fall even lower.

[CryptoFanholic]

If lost Ripple, Ripple will be paid to the company a lot of tokens, so this will cause the market panic, make a lot of people selling XRP, it really is not a good thing for the XRP.

not just ripple but all the crypto world together i guess.

[12_Angry_Men]

This trial very negatively affects the attitude to Ripple among the community. All trials are a consequence of the fall of the assets.

[easyaugust]

I think they had to negotiate with R3 orally and not to make it public. That they will wait until later.

[ðºÞæ]

 

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

Would you be kind enough to share a news article as source of this? If true then this would be the third major blow for ripple in 2018, and we are just 2 and half months in. That coinbase rejection was a huge blow.

A massive mess, will be a court battle for years to come. Its old news and there are lots of articles about. Cant see how they can win it.
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I

R3, a startup backed by a group of banks that is also vying to build blockchain tools—which create a tamper-proof record of transactions—to improve money transfers.

R3 is a consortium of aligned interests pushing distributed ledger and blockchain technologies to solve real-world problems with payments, settlements, regulatory burdens, etc.

R3 used to be in Ripples camp and now they are part of project ubin
https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/financial-services/sg-fsi-project-ubin-report.pdf



Betting On Ripple To Challenge Bitcoin: Think Twice
Check signature for good points

[nata777]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

Oh, this is bad news, it may even make sense to sell your coins and wait for the decision of this court

[sycaburatan]

   

In 2016, Ripple and the R3 blocking consortium signed a contract under which R3 acquired the right to buy 5 billion XRP tokens at a price of $ 0.0085 by the end of 2019. The partnership did not take place, so Ripple tried to terminate the contract unilaterally, to which R3 sued the court in New York.

Ripple responded with a counterclaim to the San Francisco court, but on March 13 he was rejected. Thus, the fate of the crypto currency XRP is in the hands of the justice of New York

Is there anyone in our community that cares about this centralized shitcoin? doesnt need to be supported by us because its not a cryptocurrency and it doesnt belong to our community,centralized coin with the banking structure is enough reason for us to abandon this coin,it is being manipulated by the few so if i were you i will stay away from this one.

[cryptocrocs]

I dont really care about XRP because it is not considered as a cryptocurrency ,its morelikey a digital fiat which we have in visa and mastercards so it doesnt need our support because few people are only manipulating this shitcoin,if i were you i wont be supporting it too because you could get rekt with this purely manipulated coim.