Couttouw (OP)
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January 05, 2021, 12:34:04 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
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Charles-Tim
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January 05, 2021, 12:41:25 PM |
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Ripple is not a complet decentralized cryptocurrency, it is not transparent but have hidden aspects, it is also centralized in many aspect. Most exchanges that are delisting ripple are from United States, while although some people feared and sell their ripple because of its price plunging. With time, possible the price will increase if other cryptocurrencies prices are increasing after all USA exchanges have delisted it because this is what will happen which can still make its price to plunge down.
The lawsuit The price decrease Investors selling ripple US exchanges delisting ripple More investors selling ripple There will still be some exchanges that will delist ripple possibly The price decreasing will make some people to still sell After all is over, maybe ripple price will then balance, but at lower price.
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GreatArkansas
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January 05, 2021, 12:43:38 PM |
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Probably the dumps will continue after it. The recent dump was really huge, we saw the pump of Bitcoin, created multiple highs since few weeks ago, some major altcoins followed Bitcoin but if you observed the Ripple, sideways or dump only. Some pullbacks above or corrections if incase the dumps will continue.
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Akiko
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January 05, 2021, 12:46:42 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
It is depend on the result . if they win in the SEC case then its possible that we can see XRP to be at 1$ or even much higher because of the hype it will create after .if they lost then the possible price is 0.1 or below in that price . Its not the issue If they are centralized or decentralized coins it is all depend on the news that can affect the price of it the day the news is publish.
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bekti3
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January 05, 2021, 01:10:23 PM |
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What do you people think of the XRP price after the lawsuit?
Sometime after the lawsuit was filed and the Ripple market crashed, however, it grew another few percent. This still reduces traders' confidence in investing their money there. what they were worried about was that there would be some sort of sudden termination of transactions with Ripple. Do not be surprised if you are already dealing with the SEC will get a very high risk.
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Billo_
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January 05, 2021, 01:26:25 PM |
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XRP was always a bad choice, sad to see so many people fall for it and I hope Ripple devs must refund everyone who was damaged.
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judeafante
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January 05, 2021, 01:35:25 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
So much depends on the progress of the suit, the Ripple can only update depends on what they can update based on the court's decision because they can be charged with sub judice, when the issuer is on the court you are allowed to talk about it in public, so investors and holders will be left in the dark on the progress of the case, it's now a big gamble holding Ripple.
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Coyster
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January 05, 2021, 01:55:26 PM |
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XRP was always a bad choice, sad to see so many people fall for it and I hope Ripple devs must refund everyone who was damaged.
Ripple is prolly not decentralized, but their team haven't done any exit scam or anything of that sort that made it's investors lose funds, thus I don't know why you're talking about a 'refund', I know they are presently in some sort of crisis due to the pending lawsuit, but anyone holding ripple can sell if or when they want to, so if an investors decides not to, then they can't blame ripple if they lose all their funds, that's if the coin continues to plunge. What do you people think of the XRP price after the lawsuit? Feel free to comment what you think!
We'll just have to wait for the verdict, but what I'm sure is a lot is going to happen afterwards, but I'm not sure of the direction it'll take, whether positively or negatively.
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Fesatmas
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January 05, 2021, 02:24:47 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
Almost all investors doubt Ripple at this time, there is a possibility that Ripple's fate will end soon. but we also have to wait for the court's decision regarding Ripple's status, if in the end we have to accept it freely. This is just a small part of the cryptocurrency case which is a reflection for other crypto to remain cautious about every aspect of fraud, not only prioritizing popularity, but needing to be extra clean of anything that makes it fall in the future.
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serjent05
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January 05, 2021, 02:41:25 PM |
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A lawsuit = doubt for the possible investors and a sell signal for the holders. So there is no doubt that the price of XRP will plummet. It just need a gulity verdict and XRP will become worthless, but if XRP redeem itself and fix things out, it will, for sure recover the market and might grow stronger.
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sheenshane
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January 05, 2021, 03:16:55 PM |
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Ripple and XRP aren't the same but the mindset of people have already doubt on XRP token since they are connected. The SEC lawsuits only against the Ripple but not on XRP's itself, Ripple doesn't mean that they own all of XRP. I read from articles that the founder said, "whatever happened to Ripple, this XRP will always exist but I didn't know if investors will stay their trust on XRP.
For now, we saw that XRP suffer from that announcement and probably the reason why the price was suddenly dumped in the market. IMO, since XRPs aren't decentralized coins, I didn't hold them in my portfolio because I know the time will come for the price will down and it's hard to pump up the price.
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asriloni
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January 05, 2021, 03:23:18 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
When SEC will be winning the lawsuit and that will be the end for ripple. All of XRP holders will be dumping their XRP and more non US based exchange sites will be taking the same decision as huobi. that will be a disaster for ripple and especially for its executies as they will not able to dump their premined coins again.
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MishaSER
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January 05, 2021, 05:51:41 PM |
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Despite the news and the refusal of the exchanges from XRP, the price remains at the level of 2017, such loud statements, but the coin keeps its position in the top 5. This may change after the delisting for binance.
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Brindez_kromo
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January 05, 2021, 07:00:45 PM |
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After the exchange's lawsuit refused to cooperate, because listing unregistered securities could threaten them with serious problems and Rippel's removal from the XRP coinbase market suffered a price drop and was almost said to be destroyed, Don't expect these coins to last if they lose to the SEC,we can ust waiting for how Ripple team will give reason to fight with SEC they will win or loss and many investor have loss with drop price from Ripple.
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Phantom Investor
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January 05, 2021, 07:56:39 PM |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
When SEC will be winning the lawsuit and that will be the end for ripple. All of XRP holders will be dumping their XRP and more non US based exchange sites will be taking the same decision as huobi. that will be a disaster for ripple and especially for its executies as they will not able to dump their premined coins again. Wait...do you not realize what it means for all the alt coins if ripple loses this lawsuit? It can mean the end for many other altcoins like ethereum. I personally am optimistic about XRP.
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blockman
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January 05, 2021, 08:13:41 PM |
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It depends on the result. Obviously, if it losses the lawsuit, XRP falls. And if it wins, then XRP will pump. That's all the logic and possible scenario that will happen. Look at it now, while most of the alts are moving positively, XRP remains on its price at $0.22. Despite the news and the refusal of the exchanges from XRP, the price remains at the level of 2017, such loud statements, but the coin keeps its position in the top 5. This may change after the delisting for binance.
It was a quick replacement. Just got into the top 3 and then fell to the top 5. It is a sure thing that it will fall more in rankings if the lawsuit gives it more negative impact.
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eaLiTy
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January 05, 2021, 08:29:32 PM |
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What do you people think of the XRP price after the lawsuit?
I have my opinions well before the lawsuit and it is not surprising and i wont be surprised if the rest of the coins gets into the same issue, the problem right now is that the institutional investors who invested heavily especially Tetragon Financial Group and Grayscale will be selling all of their assets and that will drive the price further down and with some of the exchanges delisting them, it is bound to doom and will slip down further.
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disconnectme
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January 05, 2021, 08:39:15 PM |
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I don't know why some people are living in denial, XRP is done, it is a gradual death from now, there is no way they come out of all these shenanigans thesame, I still feel more and more exchanges will delist it because the trading volume will dry out, those big funds will continue to dump it and retail investors will end up a badholders
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ardentvolcanoes
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January 05, 2021, 08:46:04 PM |
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I don't think it will make such huge increases until this case is concluded. But I think if he wins a victory over the SEC, he will easily go up $ 1 or more. But until then, I think xrp should be avoided.
It will jump high if the team will win over SEC the confidence of more investors will show back, but for now they need to settle the problem or else they will lose more support from the investors, adding to their problem are those exchange who already announced the removal of this coin from their service, it will affect much deeper.
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Twinkledoe
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January 05, 2021, 09:09:48 PM |
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I don't think it will make such huge increases until this case is concluded. But I think if he wins a victory over the SEC, he will easily go up $ 1 or more. But until then, I think xrp should be avoided.
It will jump high if the team will win over SEC the confidence of more investors will show back, but for now they need to settle the problem or else they will lose more support from the investors, adding to their problem are those exchange who already announced the removal of this coin from their service, it will affect much deeper. And we don't know when will they resolved this case. So right now, it is better to park your interest on XRP. This case may go on for years, who knows? So until then, I don't want to speculate the price after this battle. But if the XRP team can manage to end this case in short period of time, then more than likely, their price will go up.
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