peter0425
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August 20, 2021, 10:00:11 AM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
20 dollars? that if the team will win against that lawsuit filed by us government because i think they are facing serious case here and harder to win that soon. and also why much care about what will happen after the lawsuit when XRP is surviving and even making growth while the case is hotly running. lets just wait till it happens and enjoy what Ripple is given us now. Sometimes risk is much better than doing nothing .
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LUCKMCFLY
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September 01, 2021, 03:10:46 PM |
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Now the SEC is looking for new ways under which they can put the foot to Ripple, in this case it is insisting with the recordings, they want to find the least, however I am seeing that in this case they do not know how to make it longer, I do not see that there is a clear argument to make Ripple lose, here I share this article: XRP Lawsuit: SEC wants access to Ripple’s internal staff meetings’ recordings“[The recordings] reveal efforts Ripple took to increase or maintain XRP’s price or to create expectations of profits in potential XRP purchasers, both of which are relevant under Howey to prove whether XRP was offered and sold as a security.” Source: https://ambcrypto.com/xrp-lawsuit-sec-wants-access-to-ripples-internal-staff-meetings-recordings/I think that at the moment the SEC is looking for any excuse not to come out so badly in this case, obviously the SEC's reputation is at stake.
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Sanitough
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September 04, 2021, 08:41:11 AM |
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I think that at the moment the SEC is looking for any excuse not to come out so badly in this case, obviously the SEC's reputation is at stake.
That's for sure, and it's hard to win against the SEC, but if XRP would eventually win in this case, it should be a big win for them and the XRP will soar high because of their victory, for now, things are still uncertain though we also have an idea on the possible judgment of this case, but still we are in the speculation stage, nothing is final yet.
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v3liana
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September 04, 2021, 12:07:55 PM |
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If XRP win the lawsuit -> Relistings happen first. Proce rages because people think its going to be used instantly by banks. We get our narrative for the price spike to 10-15 dollars then it comes right back down into the bear market because bank usage is 5-10 years out. Next bull run will complete the fly wheel and price hits 50-100 in the next run. In my opinion, i think this is the best scenario for XRP if they win against SEC.
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LUCKMCFLY
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September 18, 2021, 01:00:42 AM |
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I think that the case of the lawsuit that the SEC has is getting worse for the SEC than for Ripple, they are just in a give and take fight, and the SEC does not have many arguments for which they can harm with documents due to the clarity that Ripple has, of all the cases where the SEC is, they always come out victorious with ease, but not this time, this time they are looking very bad: XRP lawsuit: SEC refuses to disclose documents to Ripple, cites privilege, irrelevance“…the documents are irrelevant to Defendants’ proposed defenses—even under Defendants’ relevance theory. Defendants seek the documents to put on a (wholly improper) defense that ‘the SEC staff…questioned whether XRP and other digital assets were securities’ and therefore that Defendants are not liable. Motion at 4. But none of the documents on Appendix A, except for Entry 2, address whether transactions in XRP are securities.” Source: https://ambcrypto.com/xrp-lawsuit-sec-files-a-letter-brief-regarding-predecisional-and-deliberative-documents/I think the SEC should walk away and stop doing these things, I really think the SEC's reputation is at stake, and it's better to walk away because of a mistake and not look so bad as losing a case in the end than never reason.
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Chato1977
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September 18, 2021, 04:04:55 AM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
at least 5-10$ the most , actually this is almost reached before the filing of suit . this is the reason why i keep holding my XRP up to now.
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rodskee
Full Member
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Activity: 2548
Merit: 205
yahoo62278
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September 18, 2021, 05:08:22 AM |
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Now the SEC is looking for new ways under which they can put the foot to Ripple, in this case it is insisting with the recordings, they want to find the least, however I am seeing that in this case they do not know how to make it longer, I do not see that there is a clear argument to make Ripple lose, here I share this article: XRP Lawsuit: SEC wants access to Ripple’s internal staff meetings’ recordings“[The recordings] reveal efforts Ripple took to increase or maintain XRP’s price or to create expectations of profits in potential XRP purchasers, both of which are relevant under Howey to prove whether XRP was offered and sold as a security.” Source: https://ambcrypto.com/xrp-lawsuit-sec-wants-access-to-ripples-internal-staff-meetings-recordings/I think that at the moment the SEC is looking for any excuse not to come out so badly in this case, obviously the SEC's reputation is at stake. Such desperation for SEC pushing this? this sounds like ripple team is nearly to win the case right? and this sounds also one of the most awaited situation for the whole ripple community . If XRP win the lawsuit -> Relistings happen first. Proce rages because people think its going to be used instantly by banks. We get our narrative for the price spike to 10-15 dollars then it comes right back down into the bear market because bank usage is 5-10 years out. Next bull run will complete the fly wheel and price hits 50-100 in the next run. In my opinion, i think this is the best scenario for XRP if they win against SEC.
indeed that relisted needs because there are so many exchange that abandoned Ripple last year because of this filing and this brings bad implication to the whole system.
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(o)(o)ilikeboobs(o)(o)
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September 18, 2021, 10:31:58 AM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
The lawsuit isn't over yet, so we can't conclude yet what the value of XRP will be. If XRP were to be classified as a security, exchanges would have to remove XRP from their trading systems. If XRP wins, money will definitely flow into this project. Currently, the case is not over and we see XRP still moving with the market without a single explosion in value.
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geegaw
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September 18, 2021, 02:31:14 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
The lawsuit isn't over yet, so we can't conclude yet what the value of XRP will be. If XRP were to be classified as a security, exchanges would have to remove XRP from their trading systems. If XRP wins, money will definitely flow into this project. Currently, the case is not over and we see XRP still moving with the market without a single explosion in value. I think winning in this case is not a complete victory, even if it is a loss of advantage and a flaw in reputation and this market is a business of reputation and trust, XRP with scars like that can't have layers of cream thick enough to cover, a year or two later, this event still prints in XRP conversations. The money flowing in XRP has been stolen by other projects, the value of XRP has lost a large part and its roots have also been badly corroded, without skillful addition of these defects, a classical monument can collapse
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carlisle1
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September 18, 2021, 03:13:56 PM |
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I think winning in this case is not a complete victory, even if it is a loss of advantage and a flaw in reputation and this market is a business of reputation and trust, XRP with scars like that can't have layers of cream thick enough to cover, a year or two later, this event still prints in XRP conversations. The money flowing in XRP has been stolen by other projects, the value of XRP has lost a large part and its roots have also been badly corroded, without skillful addition of these defects, a classical monument can collapse
No question about that, those investors who already quit supporting XRP are now enjoying their money investing with other projects that they've seen better potential, with the case like this, even the team will managed to settled it or win it from SEC the scars still there and doubts that it will happened again will make possible investors to think twice, though for those experienced traders who loves to rinse and scalp, XRP still on of the good asset to work on.
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domoy77
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September 18, 2021, 03:23:56 PM |
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at least 5-10$ the most , actually this is almost reached before the filing of suit .
That's true, but after a lawsuit from the SEC, it seems that XRP is already very difficult to approach a price of 5-10$, because it is currently still at $1 and signs of pumping have not been seen on XRP either. this is the reason why i keep holding my XRP up to now.
Holding on to XRP isn't wrong at this point as the potential is still there and hasn't been lost, but to see it at a higher price, it seems like it will take XRP a little longer.
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Sweetbtc
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September 19, 2021, 09:55:02 AM |
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I’ve been in xrp for over a year and super bullish on it but you should stay clear people with those price predictions. That’s impossible. Even with their new tokenomics. Probably looking at 10-20$ in next couple years.
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(o)(o)ilikeboobs(o)(o)
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September 19, 2021, 03:22:31 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
The lawsuit isn't over yet, so we can't conclude yet what the value of XRP will be. If XRP were to be classified as a security, exchanges would have to remove XRP from their trading systems. If XRP wins, money will definitely flow into this project. Currently, the case is not over and we see XRP still moving with the market without a single explosion in value. I think winning in this case is not a complete victory, even if it is a loss of advantage and a flaw in reputation and this market is a business of reputation and trust, XRP with scars like that can't have layers of cream thick enough to cover, a year or two later, this event still prints in XRP conversations. The money flowing in XRP has been stolen by other projects, the value of XRP has lost a large part and its roots have also been badly corroded, without skillful addition of these defects, a classical monument can collapse If the outcome of the lawsuit is in favor of the SEC, it means that XRP is classified as a security and any exchange that lists XRP is illegal. Most people will sell off their XRP. That will destroy the project.
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blockman
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September 19, 2021, 07:38:59 PM |
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I’ve been in xrp for over a year and super bullish on it but you should stay clear people with those price predictions. That’s impossible. Even with their new tokenomics. Probably looking at 10-20$ in next couple years.
$5 is even quite high. The highest that it has reached its peak was $3 on the bull run during 2017/2018 and then we're on a greater bull run this time. But, it didn't reached the last all time high that it has met unlike bitcoin and ethereum and other cryptocurrencies that have surpassed their past all time high.
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Naficopa
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September 19, 2021, 08:11:34 PM |
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I’ve been in xrp for over a year and super bullish on it but you should stay clear people with those price predictions. That’s impossible. Even with their new tokenomics. Probably looking at 10-20$ in next couple years.
What new tokenomics? After all, this is a centralized coin, so developers can create any amount at any time. If they ever think of it, they can increase the total supply several times and the price will drop to zero. Investing in XRP is like sleeping on a bomb. If someone likes such a big risk, better play at the casino, because there have a better chance of making money.
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Bonenx14
Sr. Member
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September 20, 2021, 04:59:57 AM |
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If the outcome of the lawsuit is in favor of the SEC, it means that XRP is classified as a security and any exchange that lists XRP is illegal. Most people will sell off their XRP. That will destroy the project.
So so far whether the lawsuit was won by the SEC? because this has dragged on for too long while the increase in XRP also occurs when the market is experiencing a good recovery or when Bitcoin is consistently increasing in price.
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hello_good_sir
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October 14, 2021, 05:06:51 AM |
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Not much hope, but I never had big expectations for XRP anyway.
Being a centralized project it was always going to see a lot of roadblocks along the way.
The future is towards a more decentralized system and not just purely more integrations with centralized financial institutions. So XRP long term has no potential in that regard.
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