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Author Topic: XRP - yes or no?  (Read 3900 times)
Smitty Werben Man Jensen
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June 25, 2023, 09:46:18 AM
 #201


After all XRP is the top altcoin so far, so we can probably still feel safe even if Ripple is fighting the SEC,
if you know that Ripple has been fighting the SEC since 2020,
and it was in that year that the SEC price was really tested, not even XRP has followed the altcoin season in 2021.

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June 26, 2023, 09:23:05 AM
 #202


After all XRP is the top altcoin so far, so we can probably still feel safe even if Ripple is fighting the SEC,
if you know that Ripple has been fighting the SEC since 2020,
and it was in that year that the SEC price was really tested, not even XRP has followed the altcoin season in 2021.

XRP had a quiet bull run in 2021 because it was suppressed due to the fight with the SEC.

If/when they win the case in the next few months they are going to have a much better 2024/25.
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June 26, 2023, 09:47:22 AM
 #203


After all XRP is the top altcoin so far, so we can probably still feel safe even if Ripple is fighting the SEC,
if you know that Ripple has been fighting the SEC since 2020,
and it was in that year that the SEC price was really tested, not even XRP has followed the altcoin season in 2021.
and the fact is that XRP's ranking on CMC continues to decline, previously XRP's position was number 2 and now it is number 6. if we leave aside stablecoins XRP is still way below ETH and BNB, either in terms of marketcap or product of the network. we can see a lot of new projects which are in ETH and BNB network, and besides that XRP doesn't have any leading DEX like ETH and BNB.
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June 27, 2023, 07:19:39 AM
 #204

There was rumors going out on the weekend that was going to effect the XRP price. Rumor was going out that Ripple was to buy back 10 Billion XRP tokens. That is 10% of the total supply of tokens.

But Ripple CTO David Schwartz has now said this is not true. It was going to be 'bullish' for XRP hodlers. https://www.coinspeaker.com/ripple-cto-debunks-10-billion-xrp-buyback-rumors/

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June 27, 2023, 11:20:35 AM
 #205


After all XRP is the top altcoin so far, so we can probably still feel safe even if Ripple is fighting the SEC,
if you know that Ripple has been fighting the SEC since 2020,
and it was in that year that the SEC price was really tested, not even XRP has followed the altcoin season in 2021.

They have been facing this trial against SEC for years already, and they are still holding on robustly without any hesitations or giving up soon because they believe they could survive such kinds of trials, and they are not bothered by it. They keep updating and giving their investors the best they can do to improve the sales of XRP in the crypto market. They are not giving up easily despite their coin having crashed its price after this announcement way back then but look at them now, they are continuing to be alive and the price of XRP today is still decent.

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June 27, 2023, 03:16:37 PM
 #206

Although XRP is still top 6 rank coin in CMC, as far as it’s billions dollar market also around 1$ billion of trading, definitely it’s seems strong fundamental project but i would not like recommend just because of it’s still fighting a case with SEC, so until they will win against SEC, i don’t invest big amount of money in short or long term.

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June 29, 2023, 07:08:09 PM
 #207

Xrp has a lots of reasons for not supporting it where sec is common issue. Let's forget about sec issue on xrp, but after that, is it even worth for invest? I don’t think so. So many years have past, they didn’t developed their project. No major development is seen yet that can make me convince to invest with xrp. Rather it continuously dump as if team just stop their responsibilities regarding this project

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July 03, 2023, 11:42:19 PM
 #208

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

I am one of those who still support Ripple and I think there are still many investors who believe to investing in Ripple, because the market cap of Ripple is still very high and Ripple is still in the top 10 on coinmarketcap, so I'm sure if Ripple can still reach its ATH price or even when a bull run occurs, then of course it is possible for the price of Ripple to create a new ATH price.

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July 04, 2023, 12:49:33 AM
 #209

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

I am one of those who still support Ripple and I think there are still many investors who believe to investing in Ripple, because the market cap of Ripple is still very high and Ripple is still in the top 10 on coinmarketcap, so I'm sure if Ripple can still reach its ATH price or even when a bull run occurs, then of course it is possible for the price of Ripple to create a new ATH price.
Still believing in Ripple or not depends on each person because basically they have their own views,
for myself with Ripple's current condition I minimize risks and avoid them more,
further clarification is needed regarding the case and we will see what the development will be like.

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July 08, 2023, 07:46:15 AM
 #210

Well now Bank American bank called Bank of America is praising Ripple. It is for its achievements with cross-border payments in Asian Pacific regions.

The partnership of Ripple and Bank of American has been going on since April 2020. https://business.bofa.com/content/dam/flagship/global-transaction-services/treasury-innovations-outlook/payments-innovation-in-apac.pdf

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July 11, 2023, 07:21:36 AM
 #211

It has been 931 days since SEC since filed its lawsuit against Ripple. XRP supporters have been contacting the presiding judge Analisa Torres in this case.

Pro XRP lawyers Bill Morgan and John E. Deaton have said any one who does this will feel wrath of Ripple community. I think we just want to hear a verdict for the case. 

https://cryptonews.net/news/legal/21292268/

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July 11, 2023, 04:09:20 PM
 #212

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

I am one of those who still support Ripple and I think there are still many investors who believe to investing in Ripple, because the market cap of Ripple is still very high and Ripple is still in the top 10 on coinmarketcap, so I'm sure if Ripple can still reach its ATH price or even when a bull run occurs, then of course it is possible for the price of Ripple to create a new ATH price.
Still believing in Ripple or not depends on each person because basically they have their own views,
for myself with Ripple's current condition I minimize risks and avoid them more,
further clarification is needed regarding the case and we will see what the development will be like.
For me XRP is still on the top coin list and it is a potential coin,
but for the current conditions, many things need to be considered if you really decide to buy it,
I just hope XRP can win its lawsuit against the SEC.

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July 11, 2023, 04:29:59 PM
 #213

It has been 931 days since SEC since filed its lawsuit against Ripple. XRP supporters have been contacting the presiding judge Analisa Torres in this case.

Pro XRP lawyers Bill Morgan and John E. Deaton have said any one who does this will feel wrath of Ripple community. I think we just want to hear a verdict for the case. 

https://cryptonews.net/news/legal/21292268/
We are all here also impatiently waiting for the latest news about the case. This case is just waiting for the judge's decision but until now it seems that there is no definite clarity regarding when the judge's decision will be made. The result of the Judge's decision regarding this case also has an impact not only on the Ripple company but also has an impact on the entire crypto community in it. Even if Ripple is declared victorious in this case. then the hype in the crypto market will definitely be unstoppable. i.e. there will be a huge explosion of hype. Even the XRP price increase is sure to happen quickly.

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July 11, 2023, 05:11:00 PM
 #214

It has been 931 days since SEC since filed its lawsuit against Ripple. XRP supporters have been contacting the presiding judge Analisa Torres in this case.

Pro XRP lawyers Bill Morgan and John E. Deaton have said any one who does this will feel wrath of Ripple community. I think we just want to hear a verdict for the case. 

https://cryptonews.net/news/legal/21292268/
We are all here also impatiently waiting for the latest news about the case. This case is just waiting for the judge's decision but until now it seems that there is no definite clarity regarding when the judge's decision will be made. The result of the Judge's decision regarding this case also has an impact not only on the Ripple company but also has an impact on the entire crypto community in it.
Nah. I will never agree with the statement that the XRP lawsuit does have an impact on the entire crypto community. You may also not agree with but I will advise you to go and fact-check the XRP concept with the inclusion of historical development it was never created for the crypto community.
How can a crypto that's created for the crypto community will impact the crypto community?

Even if Ripple is declared victorious in this case. then the hype in the crypto market will definitely be unstoppable. i.e. there will be a huge explosion of hype. Even the XRP price increase is sure to happen quickly.
The hype in the crypto market is already unstoppable since the Bitcoin halving market is coming and 2 world's most giant investment company filed for Bitcoin ETF.

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July 12, 2023, 07:49:15 PM
 #215

It has been 931 days since SEC since filed its lawsuit against Ripple. XRP supporters have been contacting the presiding judge Analisa Torres in this case.

Pro XRP lawyers Bill Morgan and John E. Deaton have said any one who does this will feel wrath of Ripple community. I think we just want to hear a verdict for the case. 

https://cryptonews.net/news/legal/21292268/

I may not like XRP's centralization, but I believe this lawsuit is important to help determine crypto's stance against the regulatory agency. Ripple (the company behind XRP) must win it for the SEC to stop classfying most cryptocurrencies as securities. Only then, the industry will flourish within the United States.

I bet XRP will rise to the moon after such a victory. Not only it will be a huge win for the cryptocurrency, but also for crypto exchanges such as Coinbase and Binance. There's huge institutional interest into crypto assets, so all odds are in XRP's favor to win big time. Who knows how much XRP will be worth after all of this is over?  Smiley

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July 13, 2023, 08:37:44 PM
 #216

It has been 931 days since SEC since filed its lawsuit against Ripple. XRP supporters have been contacting the presiding judge Analisa Torres in this case.

Pro XRP lawyers Bill Morgan and John E. Deaton have said any one who does this will feel wrath of Ripple community. I think we just want to hear a verdict for the case. 

https://cryptonews.net/news/legal/21292268/

I may not like XRP's centralization, but I believe this lawsuit is important to help determine crypto's stance against the regulatory agency. Ripple (the company behind XRP) must win it for the SEC to stop classfying most cryptocurrencies as securities. Only then, the industry will flourish within the United States.

I bet XRP will rise to the moon after such a victory. Not only it will be a huge win for the cryptocurrency, but also for crypto exchanges such as Coinbase and Binance. There's huge institutional interest into crypto assets, so all odds are in XRP's favor to win big time. Who knows how much XRP will be worth after all of this is over?  Smiley

You bet you are, as XRP is up 25% by now as they won a landmark case against SEC

Quote
July 13 (Reuters) - Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, delivering a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring.

XRP was up 25% after the ruling, according to Refinitiv Eikon data.

The ruling by U.S. District Judge Analisa Torres was the first win for a cryptocurrency company in a case brought by the U.S. Securities and Exchange Commission.

https://www.reuters.com/legal/us-judge-says-sec-lawsuit-vs-ripple-labs-can-proceed-trial-some-claims-2023-07-13/

So for those who have been holding XRP then good for you guys, Currently I check the price and it's up by 70% by now after the release of the news.

Now price at $0.8171. And just imagine if this news comes out in the bull run.

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July 14, 2023, 12:16:57 AM
 #217

Xrp won! And lost. Please be sure to read the 34 pages or at least the 34th page. I don’t know what it means that ripple lost on “institutional sales” but I believe after reading, they are talking about the sales from ripple to partners they had made with other company’s. Maybe it’s just a fine and registering as a security for those instances?

Anyone here a lawyer? Haha
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July 14, 2023, 03:25:06 AM
 #218

Well this is very good news for investors that hodl XRP tokens. We are seeing profits of 70% from yesterday after the judge ordered Ripple is not a security. Profits went as high as 96% after the court decision was made. 

But we must understand that the law suit is not over. It is still a big victory for Ripple against the sec and for all crypto community. I think we will see more gains for xrp this week.   

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Inspiron14
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July 14, 2023, 03:44:35 AM
 #219

Well this is very good news for investors that hodl XRP tokens. We are seeing profits of 70% from yesterday after the judge ordered Ripple is not a security. Profits went as high as 96% after the court decision was made. 

But we must understand that the law suit is not over. It is still a big victory for Ripple against the sec and for all crypto community. I think we will see more gains for xrp this week.   
Despite that this lawsuit is still not over but this should be celebrated too,
all of this is also inseparable from the role of the community that continues to support,
in the future hopefully there will be more good news for XRP.

onecall123
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July 14, 2023, 04:01:49 AM
 #220

Well this is very good news for investors that hodl XRP tokens. We are seeing profits of 70% from yesterday after the judge ordered Ripple is not a security. Profits went as high as 96% after the court decision was made. 

But we must understand that the law suit is not over. It is still a big victory for Ripple against the sec and for all crypto community. I think we will see more gains for xrp this week.   
It is highly possible that SEC will take this matter to an appellate court and challenge some or all of the decisions made. While it may like a win and celebrating, there are still several things need to clear. During this process, it's very possible we will see surge in activity. XRP has already experienced a significant increase of nearly 100 percent. Now, XRP has the opportunity to soar even higher and maybe surpassing the one-dollar mark.

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