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Author Topic: Feb 22 & XRP, what do you think will happen?  (Read 385 times)
NickBrown (OP)
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February 15, 2021, 07:14:00 PM
 #1

There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.



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February 15, 2021, 08:31:47 PM
 #2

I said that the XRP price will reach the moon after this meeting. There will definitely be a mutually beneficial agreement between the SEC and Ripple.
Positive thinking, you will definitely make big profits after that meeting.
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February 15, 2021, 09:17:48 PM
 #3

Whatever the outcome, I don't see XRP sustaining at this price for very long given the shady past of its founders (selling millions upon millions out of their stash. misleading their investors. keeping the users in dark).

If it's a favorable outcome, there could be a slight increase in price in short term. If it's not a favorable outcome, I imagine a lot of people would sell causing the price to go down.

But long term I don't see XRP performing well because at the end of the day it's a centralized currency sold to users under false premise.
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February 15, 2021, 09:19:51 PM
 #4

I said that the XRP price will reach the moon after this meeting. There will definitely be a mutually beneficial agreement between the SEC and Ripple.
Positive thinking, you will definitely make big profits after that meeting.

A lawsuit is not good for business, I don't think it's going to the moon. But they will come to an agreement as last resort for RIpple if they really can't make it.

I don't know if my understanding of Howey Test is correct but if SEC uses this test, it's likely that they will win.  We'll never know until things will happen. It's just a video call by the way may be due to Covid.


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February 15, 2021, 09:24:51 PM
 #5

There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.





In my opinion, before its happen there will be many fuds around to make the weak hand to sell.
After the meeting, the decision will drive the price to the bottom or going to sky.

But i thinks 22 Feb will just a beginning of the decision, it will not give any final decision.

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February 15, 2021, 09:38:26 PM
 #6

Some say they already came to an agreement.
Others say its just the beginning.

Nothing will change I guess. The speculations are not healthy that's why others are in a panic.

There's already an agreement surely but obvious that whatever it is, it won't bring and build hype for XRP.

I might be wrong but the legal issues that XRP face is not a joke. It will take time for a bounce back.
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February 15, 2021, 09:41:34 PM
 #7

Some say they already came to an agreement.
Others say its just the beginning.

Nothing will change I guess. The speculations are not healthy that's why others are in a panic.

There's already an agreement surely but obvious that whatever it is, it won't bring and build hype for XRP.

I might be wrong but the legal issues that XRP face is not a joke. It will take time for a bounce back.

Media will sometime overhype the event. They may give good vibes after this situation and give false hopes. So those holders need to check the facts and not just speculations from the media. They are still in the roller coaster ride. It is better to see what SEC has to say about their situation here.
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February 15, 2021, 09:51:37 PM
 #8


A lawsuit is not good for business, I don't think it's going to the moon. But they will come to an agreement as last resort for RIpple if they really can't make it.

I think it does not depend on them, the fate of stalemate situations, they will still affect the price. If there is no agreement, you will see the fall, but it seems to me that everything will be all right. Any court decision will affect the price.

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February 15, 2021, 10:40:19 PM
 #9

Don't overthink and just wait and watch this event, don't try to trade this because it will eventually swipe out all your capital if you will not take care of proper money and risk management. We may see 2-sided big wicks taking place on XRP on a daily chart for that day (22 feb) as both ends will pressurize each other to win the battle and wicks will happen that will liquidate so many noobs.
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February 15, 2021, 10:43:11 PM
 #10

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.
Im not sure about that, the agreement can't be created easily until ripple will be announcing to pay the fines that will be charged by SEC. It's too early to call both were coming into the agreement because basically that's a common thing.
There are lots of media that spread fake news and be careful with these media. The best answer is just to wait for the official announcement. You should never believe with others especially XRP shillers.

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February 15, 2021, 10:46:03 PM
 #11

Don't overthink and just wait and watch this event, don't try to trade this because it will eventually swipe out all your capital if you will not take care of proper money and risk management. We may see 2-sided big wicks taking place on XRP on a daily chart for that day (22 feb) as both ends will pressurize each other to win the battle and wicks will happen that will liquidate so many noobs.

my advise as well, as we dont know their sides here. it is better to wait and see whats going on with this xrp situation. though it seems xrp team will fight for their network, yet we dont know what is the verdict of SEC here. it may be a long running battle up until they come to a certain agreement.
but if you are a risk taker, you can closely follow the market and play your chances here. but for me, nope. gonna stay away atm.
 remember, dont trust the media. some of them are paid.

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February 15, 2021, 10:51:18 PM
 #12

No matter what will be the decision by SEC, XRP will still remain below $1.

Well, it hopes that their issue will stop after this but we can't overthink that it will rally high after this. XRP will give nothing extraordinary, what they have shown in the past will be exactly what to see again. I'm not against XRP coz I'm buying some of it but because it was decentralized coin, have nothing to expect more from this coin.
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February 15, 2021, 11:04:42 PM
 #13

Some say they already came to an agreement.
Others say its just the beginning.

Nothing will change I guess. The speculations are not healthy that's why others are in a panic.

There's already an agreement surely but obvious that whatever it is, it won't bring and build hype for XRP.

I might be wrong but the legal issues that XRP face is not a joke. It will take time for a bounce back.
You cant be wrong, any law issues is not a joke. Especially with a big project such a Ripple.
Its already impact on delisting XRP on many exchanges, but i still see hopes on it. Lets hope Ripple can solve the issues and make a big comeback!

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February 16, 2021, 12:10:35 AM
 #14

A lawsuit is not good for business, I don't think it's going to the moon. But they will come to an agreement as last resort for RIpple if they really can't make it.
This case already used by the ripple's hater and shillers to fool the newbies. I never seen that SEC came into the agreement that already violated their regulation.
That doesn't make sense to deal or create an agreement with the project that already fooled a lot of people with its largest premined coin in the world. The news that already posted by OP is still vague

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February 16, 2021, 04:43:04 AM
 #15

What do you think will be the outcome?
I can't be predicted as the situation can change anytime. I will predict this case will be the same as kin. it's ever happened with KIN.

Some say they already came to an agreement.
Those should be the ripple supporters who have been saying like that but I do believe if that will never happen dude.


Others say its just the beginning.
That makes sense consider the case is getting started. People are so crazy to think about the result while they have no clue about what will be happening between SEC and ripple.

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maxreish
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February 16, 2021, 08:14:11 AM
 #16

I said that the XRP price will reach the moon after this meeting. There will definitely be a mutually beneficial agreement between the SEC and Ripple.
Positive thinking, you will definitely make big profits after that meeting.

Seeing how xrp is making a good steps and progress with its .6 usd price I can also see booming if they won this case. It is hard to predict whether ripple company will gonna win this case but as long as they can give reasonable and clear answer or response, the ripple company will gonna survive and win for sure.

And I agreed with Arrington's statement, too;

Quote
The SEC lawsuit is against Ripple, not the XRP token. "Whatever happens to Ripple, XRP will continue to exist. It exists independent of the company. It exists on a distributed ledger,"

It will continue to exist but the thing is the price if they lose this case. The progress and development will gonna be turned down as well as of course the price of it.
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February 16, 2021, 08:36:10 AM
 #17

There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.
With the drama on SEC, Ripple, lawsuit, suspension, delisting news in past 2 months, I strongly believe that it will be a time for something good. I do neither think they will come to any big agreement and in the future, more drama will be out. Nevertheless, if the market manipulation works as the way it usually is, after bad news, we will see, hear, read good news. Price dumps are to prepare for price pumps.

Bitcoin, Ethereum are two biggest crypto and they were dumped a lot with news before the prepared time for their growth to all time high. All time high for Ripple after the meeting, is it realistic hope?
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February 16, 2021, 08:44:53 AM
 #18

I think that everything will be fine, since XRP is a very popular cryptocurrency and, of course, XRP developers have a lot of money and all problems with the SEC will be solved, as everyone has already seen that XRP is still growing in price and this of course speaks of the fact that too many people believe and invest in XRP, and of course, this also indicates that everything will be fine with XRP, so you don't even need to worry, just as usual everything will end on a good note.
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February 16, 2021, 09:01:25 AM
 #19

well there it is, depending on what they want to discuss. If it is bad news again, it might affect the XRP price decline again, but if it is about a formal agreement between the two parties (SEC and XRP Company) on a previous problem that has not been resolved then this can increase selling price of XRP again. but in my opinion XRP holders are still in an unsafe situation, but I hope not, hopefully the XRP company can improve this situation.

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February 16, 2021, 09:05:27 AM
 #20

The information about the US SEC and XRP to have to an agreement is all false cause the SEC lawsuit is never for once merciful with their defendant and the last time I checked the XRP team fired back at the SEC a couple of days ago so I also believe the lawsuit just begin. When it February 22 I expect XRP to be penalized and possibly seized from providing within the US if things go sour.

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