CAN RIPPLE SURVIVE?

[Handsome Boy]

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

I think Ripple can still survive until now, because there are still many people who support and believe to investing in Ripple, but if the lawsuit from SEC is true and SEC wins against Ripple, then it will be bad for Ripple, because everyone will no longer believe to investing in Ripple and of course Ripple will not be able to survive.

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[jaberwock]

I really hope it doesn't. As a centralised project, it has been drawing energy and money from the community and dumping it into a the companies own marketing and product strategy that offers nothing to the holders of the coin. Ripple is everything that is wrong with crypto, with the only merit of being early on the race.

I really hope that they give way to truly value-adding projects.

I hope for the same thing but unfortunately they are not looking like they are going away anytime soon. Sure they may not be the third biggest coin, or they might even go down a bit more from here on out but the fact is that they are not becoming zero, they are not going to bankrupt and the company will find a way to operate outside of USA if eventually SEC decides to ban them from ever working in there.

It is a coin that was already published and released, so even if all of Ripple workers were jailed, the people left with XRP on their accounts will keep on trading it, the price will go down a lot but it will not be gone forever, which is why I think it is going to be something that is "barely alive" for years from now on, 100% getting rid of it from the crypto market and getting the traders back into things that deserve their attention will be hard.

[jjdub7]

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

Things around Ripple are getting much deeper.
In the last few months, almost all major US exchanges, such as Coinbase and Binance US, have stopped trading or delisted XRP.

Kraken - also stopped XRP trading in mid-January.

Still, the token is still available on many major exchanges outside the United States.

[Kitaiev]

xrp is too big a project and nothing will come out in SEC to stop their activities. There are too many professionals in the ripple team who are able to win this fight.
However i didn't like this project from the very beginning and the only way i can interact with this project is to only speculate on the price of the coin...

[Miaallen]

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

Things around Ripple are getting much deeper.
In the last few months, almost all major US exchanges, such as Coinbase and Binance US, have stopped trading or delisted XRP.

Kraken - also stopped XRP trading in mid-January.

Still, the token is still available on many major exchanges outside the United States.

I see the US exchanges delisting XRP is understandable. They are all operating in the US and the US citizens and residents will still be accessing the token XRP if they do not delist it. And also, their non-delisting of the token can attract a sanction for them as they can be penalised for enhancing sales if unauthorised stock to the US resident or citizens.

[poodle63]

xrp is too big a project and nothing will come out in SEC to stop their activities. There are too many professionals in the ripple team who are able to win this fight.
However i didn't like this project from the very beginning and the only way i can interact with this project is to only speculate on the price of the coin...

Being big and having many professional in my opinion have nothing to do to increase their chance going against SEC. tbh they're targeted because they are big enough to be able to make some disturbance.
Honestly, I think ripple could still survive but its most likely they gonna get banned in the US so their only choice is to expand adoption outside US.

[Jaered]

Ripple has been defying logic and gravity since the case with the US SEC. And from what I am seeing the case is going to favor The Ripple Labs. And what's more, its centralized. Lots of people banking on it

[gurunanakji777]

Despite the lawsuit against Ripple. Ripple is still strong I would say. Traders are still buying ripple and trading it without any fear. After the lawsuit, I was thinking the Ripple will drop hard and could not survive but I was wrong. If the case resolves soon Ripple will rise beyond one's expectation.

[imstillthebest]

Despite the lawsuit against Ripple. Ripple is still strong I would say. Traders are still buying ripple and trading it without any fear. After the lawsuit, I was thinking the Ripple will drop hard and could not survive but I was wrong. If the case resolves soon Ripple will rise beyond one's expectation.

they are buying because they think the same as you but the price of the ripple can be a proof that it is strong not by words and what people think of .
true ripple supporters are courageous but fear is there to regular ripple investors but to profit in crypto we need to have a guts and need to disregard our fear  .the case is not over and your previous expectation for ripple is not confirmed but that can happen ,
dont be confident  .

[mcun2000]

I have always thought ripple/xrp is quite shady. Here is an article in Forbes describing how ripple pumps and dumps. Article is 2 years old but still very good. Great flow diagram showing how the scam, uh hmm, I mean the business model, works.

https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/?sh=35f5d99079a4

In short, the founders issued shares to themselves, created a corporate structure to give the appearance of de-centralization, hyped the coin to boost its price in various ways, and paid well known traditional companies to partner to with it in order to give an air of legitimacy to it's perceived business value. Nothing has come out of any of these 'partnerships'.

[edit] I think it will survive the SEC suit, but will ultimately die as a coin [/edit]

[santiPOGI]

Not much of difference in the price movements of XRP in the one month chart but if we take a look at the 3 month chart then there is huge huge hindrance on the prices for sure. Once the trust lost then it will be hard to recover from it for any cryptocurrency assets and also it is getting delisted from most possible trading platforms will worsen the condition more.

Perhaps, there are still a lot of community remain have faith into RIPPLE together with the other exchange or local exchange too where
XRP remain listed to their platform, in short, as long as there are lot of community believe into Ripple there is a high chance for them to survive and all coins deserve a second chance to stand in this field of business industry in cryptocurrency.

[cryptoserega]

Ripple has been defying logic and gravity since the case with the US SEC. And from what I am seeing the case is going to favor The Ripple Labs. And what's more, its centralized. Lots of people banking on it

The price of cryptocurrency depends too much from the news and from the state actions. This is a last article about Ripple https://dailycoin.com/ripple-vs-sec/

What do you think, who will win? Ripple or SEC?

[deathcode]

it's a shame that ripple couldn't keep up with the pumps that most of the top market assets are experiencing today. this is related to the case they are experiencing. and I think the process is still running and we can only wait for the final result.
when it all comes back to market confidence. I think Ripple can regain a good position on the market cap.

[Karartma1]

Ripple will survive becoming the new international clearing and settlement layer for banks. Once the project started being co-opted by the banks, it was a clear sign that there was no going back from there.
Don't expect too much from this coin, better move your attention to XLM which is a much likable versione of XRP.

[criket]

Ripple will survive becoming the new international clearing and settlement layer for banks. Once the project started being co-opted by the banks, it was a clear sign that there was no going back from there.
Don't expect too much from this coin, better move your attention to XLM which is a much likable versione of XRP.

I think the current transfer of assets is to BNB and ETH.
because XRP is in trouble, some of course are moving their money to some trending assets.
XLM is a better asset than us holding XRP, to be honest, these two coins are my favorite in trading.