meanwords
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January 22, 2021, 02:13:59 PM |
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"XRP has a strong global fanbase, and a lot of people see this lawsuit as an attack on virtual currencies in general".
Sure, XRP has a lot of global fanbase but we all know that you really can't compare XRP to any cryptocurrency out there. It's a centralized virtual currency so it doesn't really affect the cryptocurrency ecosystem in general. I think he is just trying to exaggerate this because he's desperate for a comeback, he's an investors so it's expected but the damage has already been done.
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Mighty_crypt
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January 22, 2021, 04:06:37 PM |
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A Japanese man supports XRP how did this have anything to do with the whole Japan ? It's just like how EOS is the best Ethereum for china right? Well EOS, XRP and other top altcoins have fan spreads everywhere in the world, it doesn't mean that a particular country supports a particular crypto coin, it's misleading
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batang_bitcoin
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January 22, 2021, 04:24:59 PM |
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It doesn't matter if there are supporters in Japan that will keep XRP into their portfolios. The only matter is that XRP is badly affected in the US. And that's why many exchanges are delisting it for their traders in the US. A few entrepreneurs and investors in Japan doesn't literally say that the whole country of Japan supports it. The title is quite misleading and a reader that will just come might expect that it's entirely Japan supporting it.
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NorvsGanda
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January 22, 2021, 04:56:39 PM |
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Really Japan support ripple? Or just some people in Japan support it? Because that is two different things. Makoto is a Japanese who's doing crypto and he is already a ripple investor/supporter even before. Don't give wrong information and details to other people, it may lead to their failure. I've seen a lot of it
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X-ray
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January 22, 2021, 05:07:20 PM |
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This is just an entrepreneur in Japan, he cannot represent the whole of Japan, for the XRP cryptocurrency, he holds the cryptocurrency, of course he also recognizes XRP. For XRP, the price of XRP can only be seen after the SEC issue is resolved.
it's clearly stated by OP if he was a part of ripple investors. That makes sense if he was shilling for his own invement. I do believe if he has gotten very big lose due to the dump that happened with ripple. This is an old trick that has been doing by so many investors. Even the ripple executives are still shilling for his ripple coin. Lol this is a common trick.
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Argoo
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January 22, 2021, 05:52:03 PM |
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Makoto, a Japanese entrepreneur and XRP investor told Coin base that he is not selling his XRP share. There is a couple of reason for that, the most common is that it's a popular crypto coin in Japan. Kayamori also said, "XRP has a strong global fanbase, and a lot of people see this lawsuit as an attack on virtual currencies in general". Soon the XRP will gain a good high and the predicted price for the XRP is $1 in the upcoming time, but the current market situation is very un-stable and un-predictiable. Please read the complete report here: https://finance.yahoo.com/news/japan-rallies-behind-xrp-ripple-230056022.html This is the opinion of individuals in Japan. However, I agree that over time, ripple will regain its position after the leaders of Ripple Labs pay off large penalties. Apparently, many people believe in a favorable outcome of the SEC lawsuit, since this coin no longer falls in price and even rose slightly in a relatively stable market. In some countries, ripple is very popular as a means of payment. Some confidence in her is inspired by her support for the banking system, and she practically did not react to this legal scandal.
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bitgolden
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January 23, 2021, 06:46:21 AM |
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We are talking about some people who would not be against XRP in Japan, this is not all of Japan that doesn't make sense. I personally think that it is obvious XRP is not going to be doing great anytime soon unless they fix their problems. Obviously they are in a big trouble for now, but I am sure they are going to probably fix it one day soon enough.
I am not saying let's all crash xrp and make it worth zero but it would be smart to get out right now, it already went down so much during whole investigation process and the news, think about how much it would go down if Ripple gets banned to work in USA ever, if they do get a punishment like that, it would be quite impossible for XRP to ever recover. I wouldn't hold a single dollar worth of XRP right now if I were you, getting out would be smarter, Japanese businessman will not be saving the price.
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SwiftLikeAWind
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January 23, 2021, 07:22:40 AM |
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XRP support in Asia is still crazy tbh. Recently, this pairing got a huge up boost since the exchange which is based in Singapore made a giveaway capitalizing on the delisting of XRP from other platforms. This could be one of the few things why XRP isn't doomed yet and has recovered by quite some margin lately
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cilgindansci
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January 23, 2021, 08:29:48 AM |
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Despite all kinds of difficulties, XRP found support around $ 0.27. This situation encourages Ripple investors. However, no matter what, investment advice shouldn't be given in such a period. Makoto say; 'idea of $ 1', and if people believe it and become victims, big problems will arise
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YOSHIE
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January 23, 2021, 10:13:21 AM Last edit: January 23, 2021, 10:40:47 AM by YOSHIE |
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Makoto, a Japanese entrepreneur and XRP investor told Coin base that he is not selling his XRP share. There is a couple of reason for that,
What @Makoto said, it's his right and decision in this matter, indeed XRP has experienced its heyday with the highest price, that's right. The problem about xrp, in my opinion it is very difficult to recover in the crypto market in the near future, need to reorganize the management of Ripple. They are going through the current times of trouble since the allegations against xrp by the SEC and the US Securities Commission at that time " despite objections from xrp" by publishing that they have done something bad outside the exchange with a fantastic price of 1.3 billion more. This is where the problem about Ripple arises, so that many investors come out and switch to other coins, also many who used to believe that XRP is developing well, it's the opposite. If XRP's price is to increase it will take time to complete that period, because the confidence in the market has diminished, doubts arise, The problem here is not because of xrp, Japan and investors, trust in the world crypto market that determines the current price of xrp, not predictions.
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Rally09
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January 23, 2021, 10:17:13 AM |
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I even heard that Japan is planning to make XRP as a legal tender but I don't know if they will still proceed because of the lawsuit.
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Miaallen
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January 23, 2021, 10:37:16 AM |
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Things like this is why it baffled me when I saw people dumping the XRP late last year because American SEC sue Ripple fro selling XRP in the US without registration or authorisation. I know the case would have effect and also reduce the XRP use case but a lot of other countries like this Japan are still in support of XRP.
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raidarksword
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January 23, 2021, 10:57:31 AM |
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I believe that XRP will come out victorious in that lawsuit case filed by SEC and despite all the negative attacks there are people still holding their coins without riding the panic selling by the majority of it. It's true that lawsuit was already a threat and attack of crypto currencies as a whole. With that support from Japan, we have high hopes in the future for XRPs.
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posi
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January 26, 2021, 05:10:52 PM |
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Japan and Makoto consider XRP to be a cryptocurrency because it decentralized in nature, its partnership with reputable before now, and the security with the innovation may provide to their country. However, Makoto has no right to said the attack on XRP by the US SEC which XRP was guilty of was an attack on all cryptocurrency because XRP has no benefit to the crypto community but to offer service to the centralized organization and if I am not right to crypto communities would have supported the coin during its trial.
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bittick
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January 27, 2021, 04:06:07 AM |
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I even heard that Japan is planning to make XRP as a legal tender but I don't know if they will still proceed because of the lawsuit.
There's no update regarding this or this already delayed waiting for the decision that will be taking by the US court. It looks like it's not only it but so many parties are hodl their intention for ripple. this is become a hard time for ripple and ripple could dead anytime.
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Xxmodded
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January 27, 2021, 04:34:52 AM |
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Still have good news with this coins after delisting from many exchange market, but this correct information or not when have companies wanna support with ripple after delisting from many exchange market and investigating by SEC commission, I think some project will getting careful by adopting some coin during have bigger problem, I think this way did by ripple how to get back investor trusted after ripple coin dump last moths and now still have lower price.
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Chainsmokers
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January 27, 2021, 04:44:02 AM |
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actually this is one of the big news where a Japanese entrepreneur or investor prefers to hold xrp don't know what the reason is it is possible that the investor has already suffered a lot of losses and he took the hold option but back to the beginning if the lawsuit can't be dismissed what happened to XRP is difficult to go up
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Dr.Osh
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January 27, 2021, 05:23:51 AM |
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well, it's only natural that he supports XRP, because I think he's a big investor for that. however, I agree with the statement which says that XRP can go up to $ 1, but I feel that it can happen when this problem is solved. however, in this condition, I think it's still impossible.
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RokokGudangGaram
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January 28, 2021, 05:46:34 PM |
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This is a good news for XRP holders as there are still big investors who are willing to support XRP even after facing some serious problems. Hitting a $1 price for XRP is not impossible knowing that they have the capability to do it especially if they can put and end to their current problems.
In my case also, the price of XRP as of this moment is very affordable and it can surely give us a good amount of profit if we will continue to buy it but it will only happen if XRP can turn the tide in their favor. But I am sure that the team behind XRP are already doing what they need to do in order to regain their rankings.
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sgenuine
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January 31, 2021, 06:58:41 PM |
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This is a good news for XRP holders as there are still big investors who are willing to support XRP even after facing some serious problems. Hitting a $1 price for XRP is not impossible knowing that they have the capability to do it especially if they can put and end to their current problems.
In my case also, the price of XRP as of this moment is very affordable and it can surely give us a good amount of profit if we will continue to buy it but it will only happen if XRP can turn the tide in their favor. But I am sure that the team behind XRP are already doing what they need to do in order to regain their rankings.
Most likely, Ripple will be forced to leave the territory of America. Because of this, everything that has been achieved will be canceled, and the team will have to start from the very beginning. Can you imagine how long it will take? If large investors are ready to invest in XRP, then only if the judicial story is successful.
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