Ripple is dying

[disconnectme]

I can't wait to see XRP leave the top 100 in the CMC, that will be when its death is confirmed, I still can't understand what they are selling all these newbies entering the space that is making to buy into the dream XRP army is selling them. XRP is just against everything Crypto stands for.

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[abel1337]

I'm not blind so I can see clearly that XRP is the first top crypto project that SEC will hunt for but there is no history of any top project that died because of SEC, so why are people dumping their XRP coins? Since the news was announced XRP price gets growing, how is this dying?

FUD. People don't want to wait and leave their assets to fall at a low price that's why holders rushed on selling. The SEC news also affected exchanges that caused them to remove XRP from their exchange. This maybe affects XRP in terms of market value and holders especially those who are affected which is the US but I think Ripple won't die instantly.

[tabas]

A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

They are trying to settle it but SEC won't allow it. They have to get into the courts and fight with the sue that has been thrown at them. It's SEC that has filed it and if there is very much provided evidence that helps the accusation, they're done.
But it's still the community to decide if they will continue trading it and holding it as an investment despite with that lawsuit they have.

[Holla123]

A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I would not risk it. There is too many questions about Ripple and the rumour that it is a Trjoan horse of the banks. You might be better off with Chainlink if you want to bet about old and new economy connecting

[mcun2000]

If this SEC lawsuit didn't give you pause to really look at the risk of XRP, think further long term and you see that XRP is very risky.

The SEC's job is to protect wall street and protect investors. I do believe the SEC has a valid case because of the fact of how XRP was pre-mined and distributed, the fact of the strange corporate structure between the founders, ripple the corporation, ripple labs, and XRP token, and the fact that 60% of the tokens are still held by ripple. It seems very much like an equity security and not a crypto asset or crypto currency.

But think further out, and I don't see what use case XRP solves. The US Office of the Controller of the Currency has now allowed US banks to use blockchain to settle financial transactions, so why would banks need to use XRP tokens now? They can just settle using trusted, decentralized cryptocurrencies like BTC or LTC, or stables coins or soon to issued central bank digital currencies, all on reputable blockchains like etherem, cardona, etc etc.

XRP is just too risky. Get out!

[poodle63]

I mean, none of us could know whether Ripple is gonna be dying for sure in the future or not right? I think ripple tried to settle with SEC back 2 weeks ago and have never heard any news about it ever since. I'm myself would consider XRP as a high risk investment because it could go down anytime but they still have a chance to recover and settles with their problem.
Worst case scenario they got delisted and people losing their shit over it because massive dump but that only happen if ripple direction decides to make the worst decision. At this point I don't even consider XRP for money transaction due to volatility, let alone for investment.

[asriloni]

I left half of my XPR coins just in case. You never know what will happen.

I have sold it when it reaches the yearly peak price. Ripple is on a very difficult situation but I hope that we will see that truth if ripple was an organized quick rich scheme with nothing to be offered.
BTW it looks like the case will continue again soon. I hope that we will able to see the result from the court this year.
It's sad for those who have bought this garbage coin more than 82 cents. The founders has been taking the advantage from this crap scam scheme.

SEC will be winning the battle.

[itachi gunasekara]

Who would say that? I don't feel like that. I'm not a Ripple holder, but there are some people I know. They don't say anything about it either.

[zeingrind777]

A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

There are still many investors who hold large amounts of ripple coin. they are waiting for ripple's revival. that means ripple coin is still trusted. Even though I don't own the ripple coin, I don't believe that it will die. Because several countries such as Japan still recognize and use ripple.

[marcbitcoins]

Ripple, as a company, is very much alive. It is literally the most successful Blockchain company with plenty of successful projects. However, if you are asking if Ripple (like its currency: XRP) is dying, then the answer is maybe but the price of $0.29 which is the lowest since SEC is still stable for weeks now because there are lot of people who still trusted and believe Ripple is going to survive SEC law suit.

[WalkerIVIV]

I believe it'll recover

Did you mean recover to the bottom again?
So many shorters are betting on the news that will come for ripple. People didn't learn from the KIN's case. SEC is always giving enough proof before try to take the legal action against KIN.
The ripple holders must have prepared themselves.

I have been seeing the same thing happened with KIN supporters too.

[Eddyc]

In my opinion the graphics are stable with small fluctuations and I have already commented on previous topics that despite the news and speculation there are strong hands holding XRP and maybe there is the possibility that XRP will win the legal proceedings and recover. Currently on average it has a daily volume of $4.2 billion and the fifth largest force.

[LogitechMouse]

A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.

What is your opinion on this matter?

I'm still waiting for the result of their head to head in SEC but at this moment, I already took the risk and bought some XRP for short term profits.
High Risk but High Reward. I'm ready for whatever may happen to it.

With their current problem right now, many are saying that Ripple is dying thus investors and holders of it immediately sold most if not all of their Ripple holdings. There are some who took the risk like me too and bought at the bottom and hoping for a short term profit. I don't think that it will die soon and as long as there is a community which is already has and as long as it is being traded on exchanges.

Decide whether you take the risk or find another coin to invest with .

[trauchot]

So far, I see that a lot of big players are still investing and are ready to invest in Ripple, and this is of course very good, because this suggests that the big players want that everything to be fine with Ripple and so far it is hard to guess something about Ripple future, so we need to wait for the SEC decision about Ripple and then we will can think about what will happen to Ripple in the future, so for now we just need to wait and watch.

[dre1982]

The price of XRP in dollars is still higher then 3 months ago so I don't think it's dying.



They just had some problems but it looks like it's getting up again.

Finally someone sees the exact same thing I'm seeing here, if XRP is really dying why is the value this better than before? I don't know what's wrong with people, the moment something have a comma they will stop believing, what if XRP wins the lawsuit? XRP is even the first top altcoin that SEC will go after, what makes you think XRP will fall because of this?

Everyone is comparing it with the value of the pump but if you see it at a longer term is still good.

They also do it with the bitcoin price, now it's $32000 but that's still a great price if you compare it with 2 months back.

[Abiky]

I can't wait to see XRP leave the top 100 in the CMC, that will be when its death is confirmed, I still can't understand what they are selling all these newbies entering the space that is making to buy into the dream XRP army is selling them. XRP is just against everything Crypto stands for.

Same. XRP is nothing more than a glorified banking system. It'll eventually fail as it goes against crypto/Blockchain tech's principles. With the SEC taking action against Ripple, it shouldn't be long before most (if not all exchanges) de-list XRP. This will cause the digital asset to lose its value at a fast rate. That's what happens with an utterly-centralized "cryptocurrency" manipulated by a single entity. Since Ripple (the company) is directly tied to the XRP asset, it becomes easier for governments to enforce regulation. Remember, Bitcoin was created as a decentralized cryptocurrency for a reason. Taking that key feature away from it, greatly defeats the purpose of Blockchain tech.

Nonetheless, it seems to me that XRP won't last for long. There are far better options out there on the market that are as scalable as XRP, but are less centralized. Stellar is one of those options, being similar to XRP in every way. It's much more decentralized with a vibrant community supporting it every step of the way. Unless Ripple complies with the SEC, the XRP asset will be doomed. Time will tell us whenever XRP stays on the top ranks in market cap or not. Just my opinion

[cilgindansci]

Ripple's problem with the SEC can't be resolved in a short time. As long as this process continues, Ripple will lose value. I think there should have been greater losses in value by now. I think people with Ripple investments should sell their investments as soon as possible 

[Marvelman]

Everyone is comparing it with the value of the pump but if you see it at a longer term is still good.

Maybe you should take a few more steps back to see the bigger picture.
How about you show the chart from January 2018 (XRP at ATH) until today? And then look at BTC for the same period.

[Cling18]

XRP should regain the trust of their investors first because since the case has been filed against then, some investors have lost their trust and sold their XRP holdings. It doesn't mean that XRP is dying but the fact that it's being manipulated has a negative effect on investors. Most of them have switched to other potential and reputable coins and we can't blame them for that. Xrp should fix their case first before it's too late.

[Argoo]

Ripple's problem with the SEC can't be resolved in a short time. As long as this process continues, Ripple will lose value. I think there should have been greater losses in value by now. I think people with Ripple investments should sell their investments as soon as possible 

I read on the news that Ripple Labs officials said they are entering negotiations with the SEC. If they agree on the amount of penalties to be paid, the trial can quickly end in a reconciliation of the parties. I think that the Ripple team is fully aware that the lengthy lawsuit is not in their favor and will try to finish it as soon as possible, even I appreciate the payment of billions of dollars in penalties.
I also don't think ripple is dying now. The image and price of this coin have been shaken, but this is temporary.