Ripple is dying

[asriloni]

I never liked Ripple. There are a lot of centralized alts, but Ripple always was the most controversial one. This entire situation with it now only justified my position. Many traders, who once liked it, try to exchange it as quickly as possible. Though, I think Ripple has all chances to stay alive but with dirty reputation forever.

It's caused by this is the project with biggest premined coin in the history of crypto. people should know if the market can be dumped anytime by the premined coin holders.
All of ripple executives were also holding the premined coin too.
This is the most controversial coin in the crypto. Full with shillers but ripple has no utility usage.
The worst security coin in crypto.

[1714899605]

1714899605

[SaShiRaJaVu]

Ripple has big money going into it and that is what is keeping it from dying despite the issue with SEC. It is clear from how I see it that the SEC problem is not even affecting the price of Ripple. It is still where the price is and that is less than a dollar. From that price angle it is clear that Ripple is still ok and no dying.

Hope you are aware that the price of Ripple was around $0.768 and i thought i could breach the dollar valuation if it continued its rally but once the SEC lawsuit were filed the price started to tank, you can claim that it did not went down further but the big investors have selling the coins and without the institutional investors you cannot expect the price to rally.

[target]

It's almost impossible to see it failed, you still can see it on the 5th rank of the marketcap. If it's just another project, the price will just simply dive without support but XRP still has been many traders to it.  CEO will soon come to his senses and will eventually make a deal or just negotiate with SEC. Until there is nothing yet to deal with, Ripple will not see the light of day.

[matchi2011]

It's almost impossible to see it failed, you still can see it on the 5th rank of the marketcap. If it's just another project, the price will just simply dive without support but XRP still has been many traders to it.  CEO will soon come to his senses and will eventually make a deal or just negotiate with SEC. Until there is nothing yet to deal with, Ripple will not see the light of day.

With such actions or we can say no action as yet, traders and potential investors will avoid this coin, there are people
who are engage to this market who don't want to take a big risk.

They are always lookng for potentials maybe some are risk takers who can manage to wait or willing to work it out both short and long term holding, it can still be possible to bring profits.

[Abiky]

I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.

As it's said in the real world, "money talks". Ripple may be able to get out of this situation if it has the best legal team backing it. But reputation will be hard to build after many exchanges, investors, and everyday people lost confidence in it. Taking XRP back to where it was originally will take quite some time. Whenever the crypto asset will survive or fade into oblivion, will greatly depend on the outcome of the SEC lawsuit.

Believe me, the only way Ripple will be able to protect XRP's prominence in the mainstream world is by separating itself from the project in every way possible. By putting the community in-charge, XRP would become decentralized. Consider why Charlie Lee decided to separate himself from the Litecoin project. It was only to ensure it remains as decentralized as possible. Otherwise, there would be a conflict of interest as the founder/creator of the project would be directly involved in it. The Ripple company should consider this if it wants XRP to succeed in the long run. But not willing to "let it go", tells us that it's all about greed than anything else. Let's wait and see what happens with XRP in the long run as the government enforces regulatory measures against the crypto/Blockchain industry. With XRP's centralized model, I'd imagine it'll die in the long run. Just my thoughts

[ReliabilityAlert222]

I think they will survive this time, but it will be disaster for Ripple. Yeah it is definite that XRP team wont let it die but XRP needs to pay a rich amount to get back in the game again. A panic will spread through the CMC and many investor will sell their coins in no time and that will cause a huge price drop but i think XRP is going to recover in a long run there are lots of evidence in front of us in this crypto space .

[Dutchyyy]

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?

The company's ongoing legal battle with the US Securities and Exchange Commission (SEC) and worsening forecasts for Ripple are already affecting the company - the publicly traded money transfer company MoneyGram announced on Monday that it is suspending the use of Ripple's payment decision. This was done by a number of other companies in the crypto space that stopped or stopped XRP-related activities altogether.

[MCobian]

I see Ripple has a strong development team, and is also supported by a fairly solid community. So until now Ripple still survives, despite being
in pretty serious trouble with the SEC. So I thought Ripple wouldn't die, even though Ripple had to struggle quite hard this year to face
the various problems that came its way. Especially if Ripple is able to prove in court that it's innocent, then Ripple's price will go up.

[cfif]

I see Ripple has a strong development team, and is also supported by a fairly solid community. So until now Ripple still survives, despite being
in pretty serious trouble with the SEC. So I thought Ripple wouldn't die, even though Ripple had to struggle quite hard this year to face
the various problems that came its way. Especially if Ripple is able to prove in court that it's innocent, then Ripple's price will go up.

I believe, that is their strength here. There are so many players relying on XRP, the reason why this coin is still surviving despite the existing trouble with SEC. If this coin is just small, it has long been abandoned by its supporters. But still they are fighting in the market. It seems the XRP team can win the battle with SEC but more than likely, there will be settlement that may happen here. I don't think ripple will die this easy.

Ofcourse not. I mean SEC requirements demonstrates a full adoption of Ripple to real banks sector. The requirements it is just a regulation into the legal field.

[DarkDays]

I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.

XRP has surprised me ever since the law suit where I sold all of mine. Its strong community managed to pump that coin several times and it has been doing great among the top cryptos.

This goes to show how important having a strong and cooperative community can do. To be fair, it still hasn't persuaded me to buy XRP but there are plenty of people who I know went with the flow.

[Ridwan Fauzi]

This coin has been on my list for the coin that I should be avoid to trade or invest. Yeah, the first problem came when SEC was accusing them and made XRP price dumped a lot two months ago, how you imagine the dumped price was from $0.8 to less than $0.2 just in one week if I'm not mistaken.

But, the miracle was happening, its price movement was coming back even can touched its previous all time high $0.8. How this has happened? A coin that still has a bad news and has dumped suddencly increase a lot. This is why have made many people think that XRP is fully centralized, the bag holder will sell their coin and buy again when its price is already low.

[Yamifoud]

I have a feeling Ripple will likely buy their way out of these Case, the team is well connected and have huge reserve to employ the best legal team to help them through this, people need to remember that money speaks and when you have money, you can do almost anything.

XRP has surprised me ever since the law suit where I sold all of mine. Its strong community managed to pump that coin several times and it has been doing great among the top cryptos.

This goes to show how important having a strong and cooperative community can do. To be fair, it still hasn't persuaded me to buy XRP but there are plenty of people who I know went with the flow.

yeah, it keeps XRP recovering slowly after the huge dump. Ther are not winning the case already but a good thing is that it gains its price again and I believe this was because there are still a lot of people supporting this coin.
But as it was a centralized coin, it is hard to see that it makes another ATH as they have done last 2017. Anyways, from what we saw now, I think it was good enough to know that XRP is not a dead coin.

[Abiky]

This coin has been on my list for the coin that I should be avoid to trade or invest. Yeah, the first problem came when SEC was accusing them and made XRP price dumped a lot two months ago, how you imagine the dumped price was from $0.8 to less than $0.2 just in one week if I'm not mistaken.

But, the miracle was happening, its price movement was coming back even can touched its previous all time high $0.8. How this has happened? A coin that still has a bad news and has dumped suddencly increase a lot. This is why have made many people think that XRP is fully centralized, the bag holder will sell their coin and buy again when its price is already low.

The centralized design of XRP should be more than enough for many people to avoid investing in it. Yet, most people don't care about this as long as they're able to fill their pockets with money. As a serious long-term investment, I'd avoid XRP at all costs. It's only good for short-term trades, and micropayments. The SEC lawsuit will have devastating effects over XRP's reputation in the mainstream world, if the company doesn't reach an agreement. Right now, many exchanges de-listing XRP from their platforms. If this keeps up, XRP's price will sink deeper until it becomes a worthless coin.

At least, there are better alternatives that are decentralized and work well as a settlement layer for micropayments. One good example of this is Stellar. I'd prefer to invest in Stellar Lumens (XLM) than Ripple's XRP because it's decentralized and backed by the community. Technically-speaking, the Stellar network resembles the XRP Ledger in every way. The only difference is that Stellar focuses on decentralization while XRP focuses on centralization. Who knows what the future will bring to XRP as people begin to witness the negative effects of centralization? It may turn out that XRP will fade into oblivion, while decentralized cryptocurrencies such as Stellar, Bitcoin, and Ethereum survive for many generations. Just my opinion