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plr
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April 11, 2021, 11:20:43 AM |
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They are going to enhanced every good news so they can further pump Ripple's price. the news although positive did not guaranty that Ripple is winning the case, it is still up in the air and this is going to be a long battle that will take months and expect a lot of dip and pumps for every news that comes along the way.
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ALLON2017
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April 11, 2021, 11:52:11 AM |
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much hype, probably back down to reality soon.
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Rruchi man
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April 11, 2021, 12:35:34 PM Last edit: April 11, 2021, 06:38:32 PM by Rruchi man |
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They are going to enhanced every good news so they can further pump Ripple's price. the news although positive did not guaranty that Ripple is winning the case, it is still up in the air and this is going to be a long battle that will take months and expect a lot of dip and pumps for every news that comes along the way.
In my opinion, XRP is good to buy if you have the money to gamble.This is a big week for XRP because this new ATH is the highest it has been in 3 years. The increment hodlers of XRP are enjoying now is as a result of the few key cases they have won against the SEC. We need no magician or soothsayer to tell us the future of XRP that with just a few losses (i mean their court cases) or even just one major loss, the price of XRP could fall considerable and other holders will loose profit and capital.
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Coyster
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April 11, 2021, 12:48:47 PM |
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Like it has been said a couple of times already, XRP's future depends a whole lot on what the final verdict of the lawsuit is going to be, XRP is appreciating at the moment as some of the SEC's arguments and requests on the case have been denied/dismissed by the court, this prolly must have allured some investors back to XRP, with a bit of hope that victory could be XRP's at the end of all this.
Having said that, since the case is still pretty far from over, I'd be concerned with pump and dump occuring along the way, a big news against XRP in this case could surface in the coming weeks that could see the price crashing down yet again.
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Caross
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April 11, 2021, 12:53:44 PM |
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Despite the high negative impact of the sec law suit against the coin (XRP), it still managed to rise in price and having a profitable week. I guess the government was not truly ready to regulate the crypto space or may be the government is overwhelmed by the successes recorded by the coin within the period of it ico and the law suit. XRP will come out strong after this law suit is over and in their favour.
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abel1337
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April 11, 2021, 01:07:15 PM |
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Like it has been said a couple of times already, XRP's future depends a whole lot on what the final verdict of the lawsuit is going to be, XRP is appreciating at the moment as some of the SEC's arguments and requests on the case have been denied/dismissed by the court, this prolly must have allured some investors back to XRP, with a bit of hope that victory could be XRP's at the end of all this.
Having said that, since the case is still pretty far from over, I'd be concerned with pump and dump occuring along the way, a big news against XRP in this case could surface in the coming weeks that could see the price crashing down yet again.
I agree, It seems that the SEC lawsuit affects ripple too much and Ripple's future will depend on occurring news on their lawsuit. A piece of simple good news about XRP affects its price too much. Imagine what will happen if XRP wins their lawsuit, XRP price would go to the roof for sure. Those who will get the news first will surely get a huge profit from it, I'm sure they will take advantage of it.
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Vishnu.Reang
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April 11, 2021, 01:13:13 PM |
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What happening with XRP right now is a bear trap, and those who rush to invest in this coin will regret about their decision later. The SEC lawsuit was just a symptom. The disease remains. The biggest problem with XRP is that its market cap is inflated through artificial means. The promoters hold somewhere around 80% to 90% of the circulating supply (either by themselves, or indirectly through Ripple foundation and other bodies). And only a small part of the supply is in free-float and thereby the XRP exchange rate is kept at a very high level (despite not having any real life usage).
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McWorse
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April 11, 2021, 01:42:22 PM |
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What happening with XRP right now is a bear trap, and those who rush to invest in this coin will regret about their decision later. The SEC lawsuit was just a symptom. The disease remains. The biggest problem with XRP is that its market cap is inflated through artificial means. The promoters hold somewhere around 80% to 90% of the circulating supply (either by themselves, or indirectly through Ripple foundation and other bodies). And only a small part of the supply is in free-float and thereby the XRP exchange rate is kept at a very high level (despite not having any real life usage).
XRP has real life usage and your fud will not become more true if you repeat it over and over again. You can bet your coins in your 777 Casino. Who is interested in the facts of the case of the lawsuit - in order to make a decision and no casino game - should read this: https://www.forbes.com/sites/roslynlayton/2021/03/11/sec-stumbles-in-ripple-case-lost-in-a-maze-of-its-own-making/
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ipanks
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April 11, 2021, 01:53:13 PM |
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Actually, that is good news for XRP because that can lift the price and back to the price now. That gives the investor confidence to invest in XRP again because I think the price can go up and break $3 soon. If you want to follow their step to invest in XRP, just be careful and research before deciding because we know that XRP can increase and decrease without you know. After the price reaches the high price temporarily, the price will adjust to the lower price.
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masterrex
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April 11, 2021, 02:39:48 PM |
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Honestly speaking I'm also surprised with the XRP performance lately, but how the coin responds positively to all of those negative publicity in the previous months, The 118% rise in just seven days is not a joke and the price was playing at $1.28 to $1.34 at the time of writing thats why I conclude that the SEC drama is gone temporarily. I hope the price will increase more in the following days or weeks to come.
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Anonylz
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April 11, 2021, 02:55:37 PM |
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What happening with XRP right now is a bear trap, and those who rush to invest in this coin will regret about their decision later. The SEC lawsuit was just a symptom. The disease remains. The biggest problem with XRP is that its market cap is inflated through artificial means. The promoters hold somewhere around 80% to 90% of the circulating supply (either by themselves, or indirectly through Ripple foundation and other bodies). And only a small part of the supply is in free-float and thereby the XRP exchange rate is kept at a very high level (despite not having any real life usage).
Am in doubt that what is happening is a bear trap, we are supposed to be in the early stage of alts season remember, xrp pump has been long overdue, what is happening right now can be considered as genuine buying of xrp from traders who were waiting so long to hear the final sec verdict but who seem not to care much about that, Last time there was a pump, many also describe it as a bear trap but I don't think that's what is happening now, trader's can't wait anymore it seems, it just seem like an inevitable pump.
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Febo
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April 11, 2021, 03:29:52 PM |
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It seems Ripple is one of few coins that pumps on SEC news ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Normal cryptocurrencies have nothing to do with SEC and dont need any of their news so their pump have to rely on adoption and development news. I am sure SEC will make many more news to influence ripple price.
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leea-1334
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April 11, 2021, 04:59:27 PM |
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You have to hand it to Ripple. Dump before the bad news, release the bad news,,, then buy it all back to pump the price and then release the good news so this happens.
Congrats to everyone who bought. I did not,,, but still have some XRP from old days, so am in profit haha:)
Just be careful of this coin.
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eaLiTy
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April 11, 2021, 05:54:37 PM |
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It seems Ripple is one of few coins that pumps on SEC news ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Normal cryptocurrencies have nothing to do with SEC and dont need any of their news so their pump have to rely on adoption and development news. I am sure SEC will make many more news to influence ripple price. It is not the SEC that created the news sensation, the court made the price rally because they denied the SEC request to get some personal banking transaction records and the court rejected that and i have no idea why that would help the market rally as the lawsuit is not squashed in any way and yet the market was able to rally as if everything is sorted. May be everything will be sorted but it will take time.
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randegibran
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April 11, 2021, 06:25:35 PM |
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After win from SEC commission XRP price keep growing up day by day from 0.4$ until now XRP back above $1, many support coming from investor and they look believe with XRP cases solve and they will return to invest on XRP again. But still worry will SEC back to make problem again with RIPPLE coin or not, but if you have raise profit better to self half your coin before get many trouble again.
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jacafbiz
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April 11, 2021, 08:05:10 PM |
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This will not end well for all these people FOMOing into XRP, this has been the tactics of XRP team from the genesis of the project, no real adoption but leak news that will pump the price, remember the MoneyGram news but ended being a sham and many more like this, banks in Japan using Ripple, ended up being a wish. You are allow to trade and make money but do not marry your bag
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cheezcarls
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April 11, 2021, 08:24:03 PM |
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Although I did see that XRP had its massive gains lately because they are almost there winning in the SEC case, I would remain not a fan of this coin. Probably when the trend goes down again, the price itself would be making a huge pullback as well. My high school classmate even bought some XRPs I think a year ago when it was like $0.40 or something, and then he rejoiced seeing the coin going up to more than a dollar. Congratulations to those who have bought and hold XRP early.
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lionheart78
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April 11, 2021, 08:35:15 PM |
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Despite the high negative impact of the sec law suit against the coin (XRP), it still managed to rise in price and having a profitable week. I guess the government was not truly ready to regulate the crypto space or may be the government is overwhelmed by the successes recorded by the coin within the period of it ico and the law suit. XRP will come out strong after this law suit is over and in their favour.
There is yet any result on the lawsuit so it's impact won't be seen yet. It will positively impact XRP if the case is solved in favor of XRP but if it is in favor of SEC, then all this hype and pump will definitely turn 180 degree.. dump to oblivion. Although I did see that XRP had its massive gains lately because they are almost there winning in the SEC case, I would remain not a fan of this coin. Probably when the trend goes down again, the price itself would be making a huge pullback as well. My high school classmate even bought some XRPs I think a year ago when it was like $0.40 or something, and then he rejoiced seeing the coin going up to more than a dollar. Congratulations to those who have bought and hold XRP early.
The denial of court on the SEC request to see the personal financial records of the XRP persons isn't good enough to say that ripple is winning, it is just found irrelevant to the XRP case.
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royalfestus
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April 11, 2021, 08:50:44 PM Last edit: April 11, 2021, 09:04:01 PM by royalfestus |
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What happening with XRP right now is a bear trap, and those who rush to invest in this coin will regret about their decision later. The SEC lawsuit was just a symptom. The disease remains. The biggest problem with XRP is that its market cap is inflated through artificial means. The promoters hold somewhere around 80% to 90% of the circulating supply (either by themselves, or indirectly through Ripple foundation and other bodies). And only a small part of the supply is in free-float and thereby the XRP exchange rate is kept at a very high level (despite not having any real life usage).
XRP has real life usage and your fud will not become more true if you repeat it over and over again. You can bet your coins in your 777 Casino. Who is interested in the facts of the case of the lawsuit - in order to make a decision and no casino game - should read this: https://www.forbes.com/sites/roslynlayton/2021/03/11/sec-stumbles-in-ripple-case-lost-in-a-maze-of-its-own-making/I support everything legal about cryptocurrency irrespective of use case and other fundamental, I wont appreciate all the years of investment in XRP be thrown away but it is important that they put everything under law and order. Court injunction on the access to executive finance is just a phase in the proceeding, There are suspicion of conspiracy from some members of the SEC, with interest in information not related to the financial record of XRP alone. Ripples Army hope the judiciary can accept settlement out of court at a point to allow the coin resume normal trade again
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