Good news for XRP

[Eedward]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

[1714850885]

1714850885

[1714850885]

1714850885

[sbrys]

I'm not sure if there is really content in this good news but ok markets like it

[jrrsparkles]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

There is no Good news in it, isn't it?

XRP got delisted and their market value got affected a lot, people may dump their XRP in the near future as well so anyone HODLing XRP is at the risk of losing their capital value.

[bttmember]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Just on the announcement of response the price has pumped massively, this goes to show the support and confidence by the community for xrp. I am sure eventually good things will come up for xrp.

[akirasendo17]

as of the moment, ripple price is making a big rally, this might be because of the news circulating that they have won the lawsuit, and there is another article or post that ripple price will rise on February 1, lots of people believe in this news, I have heard it but its really making the market go wild for ripple, and people are buying lots of ripple , in the market, what do you think about the news is it true?

[disconnectme]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

If this is the reason why XRP is pumping then this is not going to end well for the price, it is just a response to the SEC filings, which under a normal system is the normal thing to do, since we are not in a Banana island where you are guilty once you are accuse of something. Kin team also did this. This just show that there are a lot of dump money left in the space

[NeuroticFish]

Pump and dump and pump and dump. And a lot of hopium for some. This is the whole history of XRP, from what I've seen during the years.
That's what also happened today. A pump has happened and from what I see the dump is in progress.

I'm not sure if this can be called trading or finding suckers / future bagholders. But maybe I am missing XRP "fundamentals"...

[Kupid002]

I'm not sure if there is really content in this good news but ok markets like it

Not yet good news but incase you never know there are telegram group created to hype this project and Trx Dev mention xrp to be the next target of WBC for their trade after doge since this project is also sued by SEC. I think thats the reason why it pump so hard this day I want to collect more news regarding this.

BTW the pump group created by xrp community is not yet started so I don't think thats the reason behind this pump today.

[Coyster]

as of the moment, ripple price is making a big rally, this might be because of the news circulating that they have won the lawsuit, and there is another article or post that ripple price will rise on February 1, lots of people believe in this news, I have heard it but its really making the market go wild for ripple, and people are buying lots of ripple , in the market, what do you think about the news is it true?

Quite a lot of news making the rounds on Ripple of late, it's difficult to tell which is genuine and which is purposely generated to pump the coin, I'd personally not invest in Ripple atm, neither will I hodl on If i was an Investor, you can't really trust most of the news from the media, nor take it as a reason to Invest, anyone interested in XRP, should prolly wait till there is a legitimate info on the verdict of the lawsuit.

[Flowzer]

Pump and dump and pump and dump. And a lot of hopium for some. This is the whole history of XRP, from what I've seen during the years.
That's what also happened today. A pump has happened and from what I see the dump is in progress.

I'm not sure if this can be called trading or finding suckers / future bagholders. But maybe I am missing XRP "fundamentals"...

Agree, i prefer to avoid this kind of coin at this time.
I still see in this situation someone try to pump the coin to minimize the loss of this coin, isnt it possible?

[Little Mouse]

I can't find any good news on the link you shared. It’s basically almost the same thing we have been heard for the last month. The sudden pump seems to be targeted by any certain whale group so that they can get their max profit out. Soon I think they will dump. I can smell something fishy here.

[Coin_trader]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Just on the announcement of response the price has pumped massively, this goes to show the support and confidence by the community for xrp. I am sure eventually good things will come up for xrp.

Nah, traders just riding the wave using the news but they are not supporters since the price was quickly dump when the buy pressure exhausted. That is not a sign of support but rather just hyping the market. Maybe a group whale trader organize a pump and dump scheme since many traders is watching the XRP price movement. I'm that XRP price will come back again below 1000sats tomorrow when the hype is over. There letter to SEC can't guarantee that they will win the lawsuit.

[bekti3]

Rippple's case has been very serious so far, so it is extremely difficult to restore Ripple's trust and credibility in the eyes of investors and traders. In addition, the continuous removal from the exchange will add less space for Ripple to return to its former glory.

[KimmyF]

The legal process is slower where XRP has enough time to pump again. We are all waiting for the final news before the Ripple investment is risky. Although this news is good enough to buy with low profit. Somehow, Ripple is not my favorite coin, but I will support it after the good announcement. But how do you recover the lost price of Ripple this time?

[Stanlo]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

This doesn't clear anything, when I saw your topic I thought the charges and lawsuits are dropped, i instantly clicked on the link but end up seeing this, the SEC still stands on XRP and they gotta do something about it better its too late, I hope XRP and Ripple team get out of this

[ScamViruS]

as of the moment, ripple price is making a big rally, this might be because of the news circulating that they have won the lawsuit, and there is another article or post that ripple price will rise on February 1, lots of people believe in this news, I have heard it but its really making the market go wild for ripple, and people are buying lots of ripple , in the market, what do you think about the news is it true?

This is going to be another pump and dump show for xrp. This is a regular topic for XRP, as we have already seen lots of pumps and dumps of these coins. The purpose of this pump may be something else, maybe there is a big group behind this pump to take out their profit. When a whale group pumps, there is no shortage of good news. So be careful.

Because there is no good news in this news, and all the other news that has come out may have been intended for this pump.

[Kupid002]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Just on the announcement of response the price has pumped massively, this goes to show the support and confidence by the community for xrp. I am sure eventually good things will come up for xrp.

Nah, traders just riding the wave using the news but they are not supporters since the price was quickly dump when the buy pressure exhausted. That is not a sign of support but rather just hyping the market. Maybe a group whale trader organize a pump and dump scheme since many traders is watching the XRP price movement. I'm that XRP price will come back again below 1000sats tomorrow when the hype is over. There letter to SEC can't guarantee that they will win the lawsuit.

That's actually happen it may collapse soon when more of the early buyers sold their coins to others. It can only be continue if the organized pump group is strong holders of this coins which can move the supply to other traders that can hold it. But base on the price condition by now its look like the pumpers lost already on the seller that want to take profit. It need to have a good news to heard next day if they want to continue the pump or else it hard to see it again or it will collapse. We need organic pump which is base on the news not the one who make a pump and dump group just to gain money.

[CapGelatik]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

maybe all of this is just a drama so that the price of XRP falls and it is easy to get a lot of profit when it is bullish, and in the end it is true,
if Ripple says that they are legal in cryptocurrencies of course this will be an important statement, what we have to understand is,
Ripple is big project, you could say this project is like Amazon or maybe Western Union, so it's not easy to be collapsed!

[Febo]

Just on the announcement of response the price has pumped massively, this goes to show the support and confidence by the community for xrp. I am sure eventually good things will come up for xrp.

Good things like what?   Ripple have no use case anymore. Only use case was to trade it on exchanged. Pump and dump. Now is not allowed in USA and soon in countries that are related to USA since they will force other countries to comply with their regulations. There is zero point Ripple exist. It was zero point for it already in 2012 when it was created.

[Vikamika]

Peбятa
Moжeт я нe пo тeмe
Пoдcкaжитe плиз

Moгy я вывecти pипл c кoшeлькa rippex?
  Taм кaк тo aккayнт зaпpaшивaeт. Booбщe нe пoмню инфы пo пoвoдy AККAУHTA.

[doctor877]

This dosent seem like a good news for it. If it really is we should have seen major price movement, these little  coins

[Rengga Jati]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

[1l1l11ll1l]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

If it is true they can solve their problem with the SEC, of ​​course this will be one big bounce back and congratulations to those who bought it when the price dipped at $0.17. but I'm not sure the SEC will drop the case that easily, so let's wait for the next update in a few days

[Quidat]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Having news or dont have but still the price do able to recover on its own this is why im not really that too fan of believing when it comes to events.Somehow that SEC issue did really
make out some significant effect overall which had shaken off those XRP investors and believing that XRP is fucked up or already done for but still it do able to hold up its position
in spite of the drop but didnt really face up that severe. It do still hold 4th ranking on the entire cap on having currently price of $0.3942 which isnt really that bad and
good thing for those who had bought when it was still cheap way back. For those who risk then its just right for them to make some bucks.

[Maslate]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

If this does not impact the price of XRP, then I like to know what's the reason behind the current surge.

https://coinmarketcap.com/currencies/xrp/markets/

Volume has increased 160% while the price have increase by 38%... it's a big bounce back after days of struggle.
Again, what could be the reason?

[eaLiTy]

What is the positive news in this, they have asked the SEC and tried to counter them, another interesting aspect which is seen is that the Ripple labs have filed a freedom of information act request to understand about the SEC take on BTCitcoin and Ether and it is going to be interesting to know how the SEC view ETH and whether they will be facing the same issues as ETH raised money in the form of ICO.

[Saisher]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

These are just their legal representation or defense it doesn't bring any positive news yet, because the other party will have their counter on their defense it's really far from over but at least they give holders and investors clarity of what they are fighting about, they should do an update on the case from time to time, Ripple is still hanging, but for how long.

[Zemomtum]

I don't see anything to be celebrated here that to just use it for pump and dump on unsuspecting investors. The lawsuit will not just base away like that.any troublesome still lies ahead for XRP. We need to be caution here.

[tvplus006]

The legal process is slower where XRP has enough time to pump again. We are all waiting for the final news before the Ripple investment is risky. Although this news is good enough to buy with low profit. Somehow, Ripple is not my favorite coin, but I will support it after the good announcement. But how do you recover the lost price of Ripple this time?

The whole market is a big lost profit that the average trader will not be able to control. Using such positive news that the Ripple team is set to win in court and is preparing for it, help investors believe in XRP, as a result of which the price of the coin rises, get a good profit from it.

[kevinzxz]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

This is a good news for Ripple (XRP), because now the price of Ripple (XRP) has increased 59.22% in the last 24 hours and Ripple (XRP) has even replaced Polkadot (taking his position back), so now Ripple (XRP) is in rank 4 on coinmarketcap and I believe the price of Ripple (XRP) will continue to increase very high, so there is still a chance to get profit from investing in Ripple (XRP) at this time.

[aioc]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

maybe all of this is just a drama so that the price of XRP falls and it is easy to get a lot of profit when it is bullish, and in the end it is true,
if Ripple says that they are legal in cryptocurrencies of course this will be an important statement, what we have to understand is,
Ripple is big project, you could say this project is like Amazon or maybe Western Union, so it's not easy to be collapsed!

It's being contested that is why they have an ongoing case and they should prove that they are not a security, of course, they will and must present their best defence and update their community, but it all goes down to what the court will say about their status and on what side has the best interpretation base on the law, and they are going to collapse once they lose this case.

[Pamadar]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

You said it right. This news pumped the price and if there's nothing more coming from SEC.

Then expect that another high will be recorded to this coin, there's a chance that it will gain back it's position and try to compete again with ETH, there's always possibilities that once a pump take place it will going to go bigger or in the other-side it can also a trapped that investors needs to double check.

[MarcAss]

XRP right now is good to trade for short, into it right now

[asriloni]

That article published by XRP and that makes sense if the XRP was saying if he was feeling fine with it. he says like he was arguing all of the questions easily. We didn't know what will be saying from the SEC's side.
This news to reduce the tension on the crypto market. I guess if this news is the main reason why XRP was getting pumped yesterday.
It looks like the latest pump could be the short term pump only as ripple is not yet pumped.

[bitkanu]

I don't see anything to be celebrated here that to just use it for pump and dump on unsuspecting investors. The lawsuit will not just base away like that.any troublesome still lies ahead for XRP. We need to be caution here.

Did you read the news? ripple foundation just publishes it to make the public knows about what already talked by SEC to the ripple executives about the ripple illegal security token offering.
So many people are thinking if that was good news and that's why they are using it as the reason to FOMO to ripple market.
You can see more than 50% increase in a day. And that's a pump caused by this news dude.

[cryptomaniac_xxx]

On the contrary, just checking the price of XRP, it is around $0.40 and a huge spike in the last week or so. For investors still this is a good sign that XRP is still and kicking despite the lawsuit. However, the future is still not very clear because everything hangs on the decision on the case. And if it drag for more and years then it might turn for the worst.

[FairUser]

Is there any conspiracy theories for this case guys? XRP is driving me crazy because of it, but if you have heard of a lot of people starting fomo XRP then we need to reconsider everything. As far as I can see it is increasing by 50% in less than 24 hours, and the fomo team continues to increase the number of members, this and the news you share is giving XRP a big boost. I think things are not over for XRP, many people's trust is slowly regaining for XRP.

[traderethereum]

It is difficult for ripple to back to the last high price, mostly I think the investors already sell their coin after the bad news comes out.
If ripple can back to the last high price, it will give a ripple a chance to make a new ATH and attract more investors who leave the project back again and invest their money.
At that time, maybe ripple will have a big chance to increase and maybe the price can break the last ATH a few years ago.
We need to wait and see what impact from that news, and if that gives a good impact, you can try to invest in ripple but still be careful.

[Shasha80]

I don't get good news from the article in the opening post, there is still no official decision from the court regarding XRP. The article is only trying
to convince investors that everything will end up okay. But the reality is not good with the XRP situation right now. Even the volume of XRP is
decreasing and several exchanges have decided to delist XRP. If XRP wants to restore investors' trust, there is no other way but to win the case in court.

[Twinkledoe]

I don't get good news from the article in the opening post, there is still no official decision from the court regarding XRP. The article is only trying
to convince investors that everything will end up okay. But the reality is not good with the XRP situation right now. Even the volume of XRP is
decreasing and several exchanges have decided to delist XRP. If XRP wants to restore investors' trust, there is no other way but to win the case in court.

Maybe a re-assurance to xrp holders that they are still doing something regarding their situation. At least official statement coming from them. We have been waiting their response or any news coming from the xrp team themselves. It seems they carefully studied to publish this public statement and they are ready to face SEC in court. Seems positive for XRP believers.

[aryana42]

This dosent seem like a good news for it. If it really is we should have seen major price movement, these little  coins

Didn't you see the XRP token market yesterday? I myself was surprised when I saw the XRP token price movement which had exceeded 50% of the previous price, this shows that the XRP token is still worthy of being in crypto and also worthy to be owned in the short term.

[akar87]

XRP wake up from die because looks good news and price raise up more than 50%, I think have an issues with developer community wanna buy back together ripple coin because they wanna make ripple pump again, but always be careful never take risk for buying on higher price and check how dump last month with ripple coin, do you wanna hold your assets again on ripple or not.

[Holla123]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

It does not change a thing. Ripple is decentralised and a Trojan of a bankers. That the WSB push Ripple of all token makes you wonder, if their groups got already hijacked by the bankers. So many much better investments like Chainlink or Allianceblock.

[Bitstar_coin]

This is the reason why xrp is pumping,  whatever is the meaning of this news seem to be working well because the xrp price has increased really nice, this means the future is bright for xrp and its holders, I never knew xrp will recover so quickly.

[decodx]

SEC charges Ripple with selling $ 1.3 billion in unregistered securities.
Judge: Ripple, how do you plea?
Ripple: Not guilty!

Random dude on bitcointalk: We have good news for XRP! 

[facepalm emoji]

[Shallow]

The only thing that will count as good news for Ripple at this stage is either the SEC has dropped the charges or that Ripple has won the case between them and SEC, anything short than this, can't really in a bigger sense be seen as good news. The team of a project will always stand by the project to defend it to the best of their capacity and that is what I sense Ripple is doing while it is left for the body in charge of the case to pass their rulings, so till then investing in Ripple can be seen to be highly risky. Also, Ripple is already getting delisted from exchanges and no one actually knows how long this case will go on or what will become of Ripple at the end.

[sgenuine]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

It seems to me too early to draw any conclusions. On February 22, 2021, only a preliminary hearing of the case filed by Ripple and its two executives at the SEC will take place. In whose favor it will be decided is unclear. It will be great if the parties manage to agree.
But while there is no official news, it's better not to reassure yourself.

[jack05]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

It seems to me too early to draw any conclusions. On February 22, 2021, only a preliminary hearing of the case filed by Ripple and its two executives at the SEC will take place. In whose favor it will be decided is unclear. It will be great if the parties manage to agree.
But while there is no official news, it's better not to reassure yourself.

Until the court decides it, it will all be too early, and such news will appear all the time. Big bagholders will do their best to keep the XRP price at least at the current level. If this type of news did not appear, the price would definitely be dropping all the time until the judgment is passed. What will happen next, no one knows.

[vintages]

There is no Good news in it, isn't it?

XRP got delisted and their market value got affected a lot, people may dump their XRP in the near future as well so anyone HODLing XRP is at the risk of losing their capital value.

You can't be too sure.
I know of someone who poured in most of his investment in ripple recently as he believes it is part of the future coin.
There are times when coins experience their darkest part, that was the case of ripple then. Now look at it now.

[Silberman]

Pump and dump and pump and dump. And a lot of hopium for some. This is the whole history of XRP, from what I've seen during the years.
That's what also happened today. A pump has happened and from what I see the dump is in progress.

I'm not sure if this can be called trading or finding suckers / future bagholders. But maybe I am missing XRP "fundamentals"...

XRP is quickly turning from a project in which many simply do not believed in because of its centralized nature and affiliation with the banks to a coin that is very close to what we can call a scam, the sudden pump that we saw makes no sense taking into account the situation of XRP with the SEC, and those that believed this was the beginning of a rally have been caught in the pump and dump and now are going to have to hold their XRP and hope for the best or sell for a massive loss.

[JeffBrad12]

For now, I no longer hold the Ripple token, especially now that the token has dropped in price again after the price hike in the past two days, because I feel holding Ripple tokens is still very risky even though the price doesn't stay at the high price.

I have also sold my XRP since a long time ago. The pump was happening caused by there's a pump and dump group was pumping it. I can't deny the fact that if this is a garbage coin that is not worth buying.
The foundation has a lot of tokens. The tokens owned by the foundation are always dumped into the market. That can create fear anytime the all of people in the ripple market.

[1l1l11ll1l]

For now, I no longer hold the Ripple token, especially now that the token has dropped in price again after the price hike in the past two days, because I feel holding Ripple tokens is still very risky even though the price doesn't stay at the high price.

I have also sold my XRP since a long time ago. The pump was happening caused by there's a pump and dump group was pumping it. I can't deny the fact that if this is a garbage coin that is not worth buying.
The foundation has a lot of tokens. The tokens owned by the foundation are always dumped into the market. That can create fear anytime the all of people in the ripple market.

I think the manipulation that happened yesterday was really bad for Ripple's reputation. many beginners buy it at the price level $.5/.6 and feel that the price will continue to rise, but it turns out that it is only controlled by a certain group and the XRP dump hard after that

[tvplus006]

For now, I no longer hold the Ripple token, especially now that the token has dropped in price again after the price hike in the past two days, because I feel holding Ripple tokens is still very risky even though the price doesn't stay at the high price.

I have also sold my XRP since a long time ago. The pump was happening caused by there's a pump and dump group was pumping it. I can't deny the fact that if this is a garbage coin that is not worth buying.
The foundation has a lot of tokens. The tokens owned by the foundation are always dumped into the market. That can create fear anytime the all of people in the ripple market.

Obviously, the reason for the dump was that 1 billion XRP was unlocked yesterday. But I think that these coins were sold on the market at a time when the price did rise above 70 cents. The market is ready to absorb such a large number of coins and after consolidation, the price of XRP should return to the past high again.

[adzino]

So what's the good news over here? All I can see in that post is that they are providing their side of the story and trying to prove them innocent (using their words). This is going to last for months, I am pretty much sure. They are doing whatever they can to keep the prices up (so investors don't lose confidence. They are going to be fucked when all investor dumps their tokens). I bet next time the price falls, they are going to release another letter showing their "strategy" causing the price to pump again. And I guess this will keep on going.

If this is the reason why XRP is pumping then this is not going to end well for the price

Yup. FOMO. People are thinking Ripple will win the lawsuit causing the price to skyrocket.

[marilynmanson21]

so till then investing in Ripple can be seen to be highly risky. Also, Ripple is already getting delisted from exchanges and no one actually knows how long this case will go on or what will become of Ripple at the end.

There have been many Ripple issues since 2017, and at that time investing in Ripple was already risky, and now Ripple has a problem with the SEC, so are these issues still lacking to make us understand the risks of holding Ripple?
A coin that has many issues means that it has a lot of problems and risks. If there are still many coins that have no issues or even a few issues, why should we choose coins that have too many issues?

[Untomabur]

so till then investing in Ripple can be seen to be highly risky. Also, Ripple is already getting delisted from exchanges and no one actually knows how long this case will go on or what will become of Ripple at the end.

There have been many Ripple issues since 2017, and at that time investing in Ripple was already risky, and now Ripple has a problem with the SEC, so are these issues still lacking to make us understand the risks of holding Ripple?
A coin that has many issues means that it has a lot of problems and risks. If there are still many coins that have no issues or even a few issues, why should we choose coins that have too many issues?

There is some truth in what you are saying, it is clear that Ripple often has a problem,
and if we are determined to invest in ripple, of course the risk can be said to be high,
better if we really think before investing in ripple,
And I wonder what will happen to Ripple in the future

[lionheart78]

It is funny how they evade the suit case with this reasoning:

XRP is a virtual currency and thus, outside the SEC’s jurisdiction.

XRP being a virtual currency does not excuse it from SEC's jurisdiction if they use methods that involve SEC rules and regulations.  I think, them being(ripple) a company is enough to be under the SEC regulation and any action that they made should be under SEC rules.

[kawetsriyanto]

I think the manipulation that happened yesterday was really bad for Ripple's reputation.

What manipulation do you mean? Lawsuit case or pump-dump the price on the market?
The lawsuit case has made a bad reputation for Ripple but they still survive. Let's see what's the result, will determine the future of XRP.
Regarding the pump and FOMO, it shouldn't make a bad reputation for XRP. Most crypto coins also have the same issues, so why only XRP have a bad reputation. People don't really care about it as long as they can take profits.

[Sled]

Obviously, the reason for the dump was that 1 billion XRP was unlocked yesterday. But I think that these coins were sold on the market at a time when the price did rise above 70 cents. The market is ready to absorb such a large number of coins and after consolidation, the price of XRP should return to the past high again.

https://u.today/ripple-unlocks-almost-1-billion-xrp-sends-477-million-to-jed-mccaleb

It happens on the first day of this year 2021. That seems a big amount that literally will cause that dump of the market price. I don't know if they are just hopeless and desperate to do such a decision sending billion of XRP.

I saw that they are working with their SEC complaint which gives hope to their investors. They already have a few pumps by now but I really don't expect a higher price than to stick below $1.

[shoreno]

It is funny how they evade the suit case with this reasoning:

XRP is a virtual currency and thus, outside the SEC’s jurisdiction.

XRP being a virtual currency does not excuse it from SEC's jurisdiction if they use methods that involve SEC rules and regulations.  I think, them being(ripple) a company is enough to be under the SEC regulation and any action that they made should be under SEC rules.

they also said this

XRP Is Not an Investment Contract

Holding XRP does not mean a person receives a portion of Ripple’s revenue or profits.

they're trying to say that xrp is only a virtual currency that are used for paying and not for investing ? so that people dont expect anything on ripple because when people expect they also complain whenever they saw something wrong happening on the price of ripple and they think that ripple is at it again doing thier dirty works .

[jack05]

I agree I guess xrp team already knew about the price manipulation to happen of some pump and dump group and xrp team dont want to allow them to manipulate the price of their coin thats why they unlock the 1 billion token to punish them. Hope those xrp holders and believers too do the same as xrp team did to sell at high and buy back later.

Are you serious?!?! Thats the XRP developers are the biggest manipulators! In my opinion, all this pump & dump action was just a diversion to justify the release of a billion tokens!
Stay away from XRP, because you will all lose on it sooner or later!

[decodx]

Stay away from XRP, because you will all lose on it sooner or later!

Every investor should be aware that XRP is not a real cryptocurrency but a centralized token under the complete control of large institutional players. Just the opposite of Satoshi's original idea of Bitcoin.

As far as I'm concerned, the XRP may be worth $1 or $100 in the future, I don't care. I have never and will never invest a single cent in such a manipulative token.

[akar87]

Stay away from XRP, because you will all lose on it sooner or later!

Every investor should be aware that XRP is not a real cryptocurrency but a centralized token under the complete control of large institutional players. Just the opposite of Satoshi's original idea of Bitcoin.

As far as I'm concerned, the XRP may be worth $1 or $100 in the future, I don't care. I have never and will never invest a single cent in such a manipulative token.

Most be aware if wanna be investor in ripple because this coin get problem with SEC commission and until today both Ripple and SEC not get find solution until now, if you wanna buy ripple but suddenly get bad news from SEC you will loss your money, how ever when coin got any problem by SEC better keep away and looking new altcoin still safety as investment at the future, just my way how to keep our investment always profit.

[Silberman]

I think the manipulation that happened yesterday was really bad for Ripple's reputation. many beginners buy it at the price level $.5/.6 and feel that the price will continue to rise, but it turns out that it is only controlled by a certain group and the XRP dump hard after that

There are many people that only care about the price and they are seeing this with good eyes but they are not seeing the long term, if XRP becomes just another coin that can be pumped at will then why invest in it? XRP is centralized, controlled by banks, under investigation by the SEC and now it can be pumped and dumped, why invest in it? Why even call it a decentralized cryptocurrency when it seems it is just a Trojan horse sent by the banks to disrupt the market?

[barabeku]

If you look closely at the situation with Ripple, you can understand that the restrictions apply only to the operation of American exchanges and American clients. All other users can continue to work with it. Even the Ripple team itself stated that most of its volumes were not provided by American clients.

[Mtaiwo]

nothing is good, because what i saw in the article is that Xrp will not be regarded as virtual currency the may reason people tends to get it, its the flexibility when it comes to exchange, so when its no more regarded as virtually cryptocurrency it will somehow be dumped at the latter end.

[tvplus006]

It is possible that xrp will be discarded by traders and some market prices are very bad including the exchange rate that is dumped, now traders don't want their money to be wasted on xrp maybe there is good news that xrp will have a big big rally going forward in my opinion that's not certain happened before the real rally this month

Traders will still trade XRP, as despite the uncertainty with the SEC, the coin shows very high volatility, which allows traders to earn hundreds of percent of the profit. But investors who are willing to invest in the coin for the long term, until the dispute is resolved in court, will limit their investments in XRP.

[Ziskinberg]

It is possible that xrp will be discarded by traders and some market prices are very bad including the exchange rate that is dumped, now traders don't want their money to be wasted on xrp maybe there is good news that xrp will have a big big rally going forward in my opinion that's not certain happened before the real rally this month

Traders will still trade XRP, as despite the uncertainty with the SEC, the coin shows very high volatility, which allows traders to earn hundreds of percent of the profit. But investors who are willing to invest in the coin for the long term, until the dispute is resolved in court, will limit their investments in XRP.

As long as there are exchangers accepting XRP for a trade, the business still to continue. These people don't care about the XRP issues, what is in their mind is that they can make money using this. And if we are talking about fees, XRP is one of the smallest fees we got.

I was hoping also that XRP could resolve their problem. Some investors are waiting for that moment as well.

[Dollar_Hunter]

It is possible that xrp will be discarded by traders and some market prices are very bad including the exchange rate that is dumped, now traders don't want their money to be wasted on xrp maybe there is good news that xrp will have a big big rally going forward in my opinion that's not certain happened before the real rally this month

Traders will still trade XRP, as despite the uncertainty with the SEC, the coin shows very high volatility, which allows traders to earn hundreds of percent of the profit. But investors who are willing to invest in the coin for the long term, until the dispute is resolved in court, will limit their investments in XRP.

As long as there are exchangers accepting XRP for a trade, the business still to continue. These people don't care about the XRP issues, what is in their mind is that they can make money using this. And if we are talking about fees, XRP is one of the smallest fees we got.

I was hoping also that XRP could resolve their problem. Some investors are waiting for that moment as well.

It's true that everyone is also waiting for the XRP team to solve the problem properly,
I'm sure they'll be able to sort things out with the SEC soon and hopefully it's just a matter of time,
the most important thing is we just pray and keep abreast of developments from XRP

[Ziskinberg]

It is possible that xrp will be discarded by traders and some market prices are very bad including the exchange rate that is dumped, now traders don't want their money to be wasted on xrp maybe there is good news that xrp will have a big big rally going forward in my opinion that's not certain happened before the real rally this month

Traders will still trade XRP, as despite the uncertainty with the SEC, the coin shows very high volatility, which allows traders to earn hundreds of percent of the profit. But investors who are willing to invest in the coin for the long term, until the dispute is resolved in court, will limit their investments in XRP.

As long as there are exchangers accepting XRP for a trade, the business still to continue. These people don't care about the XRP issues, what is in their mind is that they can make money using this. And if we are talking about fees, XRP is one of the smallest fees we got.

I was hoping also that XRP could resolve their problem. Some investors are waiting for that moment as well.

It's true that everyone is also waiting for the XRP team to solve the problem properly,
I'm sure they'll be able to sort things out with the SEC soon and hopefully it's just a matter of time,
the most important thing is we just pray and keep abreast of developments from XRP

They will only sort things out if they will win on the case, if not, they will be penalized and that's the thing we should hope that the penalty is not that strong to still make the project continue its development. As for now, it seems like XRP investors are still trusting it, and that is a good thing.

[kaeluxdeuz]

after SEC eliminating or solving the problem with xrp it seems that the good news is back to xrp and has experienced a steady increase again, while yesterday the marketcap fell to 8 billion $ now it has increased to 20 billion $ again.

The trust people have in XRP is absolutely stunning. It shows what will happen to its price if even a rumour came to the surface that SEC resolved the case with Ripple.

[mace15]

I have also seen plenty of youtube videos regarding the lawsuit happenings of XRP which give us plenty of good news that sooner the trial will win by the ripple and once that the ripple company won the case it will definitely a huge boost to XRP and I have a strong confident that it will back on track and will make its own bull run season.

Many videos spreading regarding the issues on xrp that value will soon increase once the lawsuit will be cleared. Also observing the current trend of Xrp it is giving a good hopes to the strong hands that price possibly will sky rocket. Yes indeed seeing the market it gives good benefit in return to those who waits.