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Author Topic: XRP Price After Lawsuit?  (Read 1740 times)
Roidz
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January 08, 2021, 01:36:21 PM
 #41

Yesterday, CEO Ripple said they are trying to settle the created problems with SEC. After this news published in few medias, XRP price surges more than 30%. I hope they can solve their problems. News link = https://www.coindesk.com/ripple-tried-to-settle-with-sec-ahead-of-xrp-suit-ceo-says
of course now ceo xrp must take a firm stance to immediately resolve existing legal problems, because we know xrp is an altcoin that has the third largest market capitalization in the world of cryptocurrency, with the confirmation of ceo making a fairly positive impact on xrp price movements in the market and can It can be imagined that if the lawsuit that is currently hitting Ripple can be won, of course, it will make the XRP price increase in the market happen quite significantly later.

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imstillthebest
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January 08, 2021, 01:38:36 PM
 #42

Yesterday, CEO Ripple said they are trying to settle the created problems with SEC. After this news published in few medias, XRP price surges more than 30%. I hope they can solve their problems. News link = https://www.coindesk.com/ripple-tried-to-settle-with-sec-ahead-of-xrp-suit-ceo-says
now i know why ripple recovered , thanks buddy .

 once again this proves that news really have a big influence in the price and this isnt an ordinary news or fuds made by someone but the statement comes from ripple ceo itself  and there would be also look outs and they are the fans of xrp ,

this make them decide if what is the best thing to do and that is buying and continue hodling .
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January 08, 2021, 03:11:59 PM
 #43

It's funny to watch the thoughts and arguments between Ripple's holders. The majority are in shock, as they did not have time to sell on time, and the drain of the price was a big surprise for them.
All as one hope and believe that the project will cope with litigation, after which the price will fly up like a rocket. The question is, why are all exchanges delisting?
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January 08, 2021, 03:43:13 PM
 #44

 XRP will rise again, even though the lawsuit has been filed, but investors and traders will not remain silent to continue to defend their XRP.
 In my view, the lawsuit is only the act of large investors, where they want to buy at low prices, because many holders are worried that they will lose their assets, so the dump occurs.

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January 08, 2021, 06:10:57 PM
 #45

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

Everyone will feel sorry if they leave XRP because after the lawsuit is over Ripple price will rise above the previous price. I think whatever lawsuit, Ripple will win. The Ripple coin is already popular, of course big investors will defend it.
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January 08, 2021, 07:17:40 PM
 #46

Yesterday, CEO Ripple said they are trying to settle the created problems with SEC. After this news published in few medias, XRP price surges more than 30%. I hope they can solve their problems. News link = https://www.coindesk.com/ripple-tried-to-settle-with-sec-ahead-of-xrp-suit-ceo-says
now i know why ripple recovered , thanks buddy .

 once again this proves that news really have a big influence in the price and this isnt an ordinary news or fuds made by someone but the statement comes from ripple ceo itself  and there would be also look outs and they are the fans of xrp ,

this make them decide if what is the best thing to do and that is buying and continue hodling .
It didn't really "recovered" all that well. Let me put it this way, XRP was 22 cents at the start of 2020, and right now it is 32 cents, which is an increase for sure. However ETH was 130 dollars and now it is over a thousand dollars, about 1.25k right now for example. You can check all the big ones and you will see that type of increase in all of them, BNB went up a lot, Ltc went up a lot, tron did a bit, eos did, many others did, almost all crypto went up at least x3 and some of them did 10x increase like ETH did.

So, increasing just 50% in a huge bull season is not really a big increase, it is not even recovery, it is just common logic and that's it. Of course XRP got hurt, SEC came down hard on Ripple because they were using a fake made up currency of their own creation to move money around, that's a big no no in the playbook.

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January 08, 2021, 08:34:23 PM
 #47

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

Everyone will feel sorry if they leave XRP because after the lawsuit is over Ripple price will rise above the previous price. I think whatever lawsuit, Ripple will win. The Ripple coin is already popular, of course big investors will defend it.

That depends on the result of the lawsuit.  If Ripple team is found guilty then the token will be greatly affected negatively but if Ripple team fixes things out, I think XRP will recover and will create new heights for its market.  It is still an if - then situation, we are not sure what will be the outcome of the case, so all we are saying here regarding the future of the XRP market is just guesses.

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January 08, 2021, 08:43:14 PM
 #48

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

Everyone will feel sorry if they leave XRP because after the lawsuit is over Ripple price will rise above the previous price. I think whatever lawsuit, Ripple will win. The Ripple coin is already popular, of course big investors will defend it.

That depends on the result of the lawsuit.  If Ripple team is found guilty then the token will be greatly affected negatively but if Ripple team fixes things out, I think XRP will recover and will create new heights for its market.  It is still an if - then situation, we are not sure what will be the outcome of the case, so all we are saying here regarding the future of the XRP market is just guesses.

we dont know when xrp team will resolve their matter with SEC. for the moment, better not to invest in this coin. but if you are already a holder, you need to weigh your options here, either you will sell your stash or keep holding and believing that one day XRP team will resolved their issue fast. we know that a lot of companies are heavily invested on this project, so i guess they will give a good fight here. i dont think they will just give up their platform here. let's see...

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January 09, 2021, 05:08:36 AM
 #49

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!
2 situations that might happen.

1. If they didn't win in their case right now then XRP will continue to fall down unless a huge chunk of their investors will choose to support still the coin and buy more. After all, there are some investors who are focusing more on the technical (charts) aspect than the fundamental (news) aspect.
2. If they come out victorious with this case, this is a new start for XRP and their holders since it may push the price even higher or best it will go as high as it is in the last few months.

I know that there are some XRP haters here and they are hating it because it is a centralized coin which is true but if you are a trader or a mid term investor, you should take the risk right now and bought some XRP for short term profit. After all, we are investing because we want money right?

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January 10, 2021, 04:36:43 PM
 #50

Who says there will be a price, how much is a Liberty Reserve this days? It did operate for 11 years and did have 5 million customers

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January 10, 2021, 04:39:43 PM
 #51

Very easy if we are developer coin how to reach much profit just few week only, first time make coin get many investor and price raise up for investing more, later make bad news and looking real partner how to make coin get trouble like delisting and investigating by SEC, after many bad news many investor become panic and sell coin with lower, but at the end always owner coins win with higher price of ripple, did you thing you make as victim with ripple coin?


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January 10, 2021, 07:15:12 PM
Last edit: January 10, 2021, 07:29:31 PM by MishaSER
 #52

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.

Despite the public opinion, I can see that they take the blow well and I don't think that XRP will end. As they say that most of their users are not from their USA and they will move their headquarters to another country.

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January 10, 2021, 11:44:54 PM
 #53

Of course, the coin has dropped a lot because of the court decision, but I think that all is not lost and xrp has a chance

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January 11, 2021, 12:38:12 AM
 #54

100% I believe everything is under drama. If lawsuit is in favor of Ripple.. Price will go sky rocket. Most probably it will happen very soon. But if it will fail, another huge dump from Ripple will happened again. Anyway we used to ripple dumps.

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!
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January 11, 2021, 03:19:10 AM
 #55

100% I believe everything is under drama. If lawsuit is in favor of Ripple.. Price will go sky rocket. Most probably it will happen very soon. But if it will fail, another huge dump from Ripple will happened again. Anyway we used to ripple dumps.

The ruling from SEC is very clear, and it is against Ripple. They can appeal against the ruling, but I don't expect any change in the ground situation for at least the next 12 months. And the promoters have been dumping some of their tokens in the meantime, further affecting the exchange rates. Actually I am surprised that XRP still remains as the no.4 cryptocurrency, as far as the market capitalization is concerned.

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January 11, 2021, 03:58:38 PM
Last edit: January 11, 2021, 06:29:13 PM by Tash
 #56

It’s totally astound xrp smoothly survive yet, no.4 cryptocurrency yet showing at coinbase and some past of days it’s gain and recovered some of loosing values.
LOL, talk about cluelessness
Yep, confirmed checked 3 times CMC could not possible have no future after all scams is the norm now
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Quote
This is quite the same circular letter that virtual currency exchanges and such services, like eToro, have sent to their users. Skrill doesn't care if XRP tokens are held by users in Europe, or in the U.S. They announced:

"With effect from 10:00 am UTC on 18 January 2021, you will not be able to buy or sell any interests in XRP using the Skrill Cryptocurrency Service. You will also no longer be able to carry out any P2P Transfers of interests in XRP using the Skrill Cryptocurrency Service. Any Alerts, Automated Orders or Recurring Orders you may have set up in respect of XRP will be automatically cancelled at 10:00 am UTC on 18 January 2021."

eToro wasn't as harsh when they mailed this earlier today:

"In response to the decision by the Securities and Exchange Commission (SEC) to file a lawsuit against Ripple Labs Inc., many organizations in the US, and some in Europe, have already announced that they are either greatly reducing, restricting or removing their XRP-related services. While the outcome of this lawsuit is still uncertain, it has caused significant volatility in XRP prices, and there is a risk that this will affect the regulatory treatment of XRP globally. eToro has suspended trading for US customers. For now, these restrictions only apply to our US customers."

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January 11, 2021, 06:34:31 PM
 #57

Now almost coin back down after bitcoin price dump impact, better save your assets to be USDT and keep waiting for how much correction for bitcoin price before you make decision to buy or hold bitcoin, I think better little late when you try buy back than you have hold long time with your investment, maybe still have any chance for bitcoin back to lower price under $25k and keep waiting few moment is better than you wanna entry right now.


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January 11, 2021, 07:54:07 PM
 #58

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!
Of course, right now XRP is under quite heavy pressure after the lawsuit filed by the SEC against CEO Ripple and of course this makes XRP prices continue to decline in the market then added with many threats from the market that will remove XRP from their list, I think later there are two possibilities that occur after the legal case is completed, 1. If XRP loses, of course the XRP coins will become trash 2. If XRP wins, it will boost XRP's popularity even higher and it could even be that later the XRP coin price can break through its highest ATH price so far.

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January 12, 2021, 12:06:55 PM
 #59

If commercial lending activities lead to higher XRP prices, Ripple would have more capital to lend from a fiat standpoint. These higher token prices may encourage borrowers or other investors to buy or hold the token, which further helps XRP prices as they would not be sold immediately after the need for the capital was fulfilled.
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January 12, 2021, 01:08:10 PM
 #60

I am slowly getting concerned about XRP after the lawsuit, i don't know if it will work in this market. However i also bought XRP for $0.2 and sold it for $0.35, personally i wouldn't go back to invest in it because i feel risky, anyway for those still holding XRP you need be prepared for what might happen and that's my advice.

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