Could XRP win in SEC case be a start for next bull run?

[libert19]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

[1714889808]

1714889808

[1714889808]

1714889808

[1714889808]

1714889808

[1714889808]

1714889808

[adaseb]

It is positive news because now we don’t have to worry that coins like Ethereum will be labeled as securities. Hence why coins like ADA are rallying as a result.

This is a huge win but it’s crazy how long this lawsuit took. Millions of dollars wasted on legal fees but we finally won. This is incredible bullish news. Coinbase is already announcing they are resisting XRP for trading.

[Kelvinid]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

I'm doubtful it does a huge impact but as we can see, their issue with the SEC has been for many years and we've passed the 2021 bull season already. Meaning, it was not the XRP that could lift up the current market situation or the SEC but it was the trust of investors and new adapters. We seek bigger demand in order to fill the declining gap and I know people are not only investing in XRP but mostly in Bitcoin. Whatever will happen to XRP it doesn't really matter as the market will become bullish without this project - IMO.

[Husires]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

XRP is not like other cryptocurrencies. They do not promise that their currency will have more value in the future. On the contrary, I find them closer to the concept of the Chinese yuan, as increasing the value of the yuan is harmful to them because in the end they want very fast transactions with low fees. If the value of XRP increases, this means an increase in the value of the fees.

We will reach a stage where the price of XRP will be stable with a large number of transactions, then we can say that this currency is successful, which is a different scenario from Bitcoin, as limited supply and higher demand will make the value of Bitcoin stable somewhere between $500,000 to $2 million.

If you are betting that you will be rich by investing in XRP alone and waiting for its value to rise, then you are probably missing out on the alternative investment opportunity. XRP is suitable for short-term trading as you can benefit from fluctuations in the medium and short term.

EDIT:
I thought you were talking about XRP.


When the lawsuit against XRP occurred for the first time, the market was not affected, even if XRP price fell by 30%, so why would the market be affected when the opposite happens?
The XRP case will open the door to many lawsuits filed by the regulator against crypto companies such as Binance and Coinbase according to which many staking currencies were affected as securities, so its impact will be limited to pairs such as Polygon's MATIC and ALGO, and these currencies will not cause a change in the price of Bitcoin. No matter how expensive it is, it will not affect crypto market (because Bitcoin is what drive the market) or speed up events.

[libert19]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

XRP is not like other cryptocurrencies. They do not promise that their currency will have more value in the future. On the contrary, I find them closer to the concept of the Chinese yuan, as increasing the value of the yuan is harmful to them because in the end they want very fast transactions with low fees. If the value of XRP increases, this means an increase in the value of the fees.

We will reach a stage where the price of XRP will be stable with a large number of transactions, then we can say that this currency is successful, which is a different scenario from Bitcoin, as limited supply and higher demand will make the value of Bitcoin stable somewhere between $500,000 to $2 million.

If you are betting that you will be rich by investing in XRP alone and waiting for its value to rise, then you are probably missing out on the alternative investment opportunity. XRP is suitable for short-term trading as you can benefit from fluctuations in the medium and short term.

This is nothing about xrp as coin. Please re-read post.

[edmundduke]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

I dont think the ruling itself will fuel the run but it is a very good sign. The best part was seeing how other coins reacted to the ruling. For example SOL went for an impressive run immediately after the news came out.
I got a feeling most people in crypto are about ready to have a new bullrun

[microsurfer]

Not sure that this is enough for real bul run but we already see small pumps here and there

[TravelMug]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

No doubt that it has effect on the current market price specially big coins like Bitcoin and Ethereum.

XRP has one of the biggest, more than 70% run and I think it is still growing as we speak. And again, it could have the effect has trickled already, Bitcoin is like in the $31'ish again.

And if we remember, it has a hard time breaking that price, until couple of days ago when this news comes out. And not $31k seems to be the support line.

[sesterceshop]

I believe we are in the early stages of a bull run. XRP's win was a massively positive event for the whole blockchain space. Eagerly awaiting the FOMO stage.

[libert19]

When the lawsuit against XRP occurred for the first time, the market was not affected, even if XRP price fell by 30%, so why would the market be affected when the opposite happens?
The XRP case will open the door to many lawsuits filed by the regulator against crypto companies such as Binance and Coinbase according to which many staking currencies were affected as securities, so its impact will be limited to pairs such as Polygon's MATIC and ALGO, and these currencies will not cause a change in the price of Bitcoin. No matter how expensive it is, it will not affect crypto market (because Bitcoin is what drive the market) or speed up events.

Well, but it has happened, effect is on whole market. I mean just look at the change in last 24 hrs, btc ain't exception either. Why would you disown the live data?

[btc_angela]

When the lawsuit against XRP occurred for the first time, the market was not affected, even if XRP price fell by 30%, so why would the market be affected when the opposite happens?
The XRP case will open the door to many lawsuits filed by the regulator against crypto companies such as Binance and Coinbase according to which many staking currencies were affected as securities, so its impact will be limited to pairs such as Polygon's MATIC and ALGO, and these currencies will not cause a change in the price of Bitcoin. No matter how expensive it is, it will not affect crypto market (because Bitcoin is what drive the market) or speed up events.

Well, but it has happened, effect is on whole market. I mean just look at the change in last 24 hrs, btc ain't exception either. Why would you disown the live data?

I guess everyone has it's own opinion here, although for some bitcoin enthusiast, it should happen. I mean the effect should be BTC to altcoin market and not the other way around. I can't remember though in the past, or at least since 2017 (when I join the market) that we have this kind of effect.

But in any case, it's good to hear Ripple winning here, and look at the change of the price of XRP in the last 48 hours. And maybe we can compare it to BTC when let's say a Spot Bitcoin ETF is to approved, maybe a jump of proportions will also be felt not just BTC itself by the whole crypto.

[judaspriest]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

I dont think the ruling itself will fuel the run but it is a very good sign. The best part was seeing how other coins reacted to the ruling. For example SOL went for an impressive run immediately after the news came out.
I got a feeling most people in crypto are about ready to have a new bullrun

With its influence being so overwhelming I was a bit surprised,
hopefully there will be more good news about XRP and it's not impossible that it will make the market go up,
we just follow the development and we'll see later.

[bussybuddy]

I am still looking at the matter in a neutral way when the market is still in a state of undetermined trend, and the volatility is strong before big news. Even though we are seeing a lot of good news surrounding the crypto market right now, it seems to me that there is a direction to get people's attention, perhaps a new growth cycle coming up, I'm not sure it'll start anytime soon but maybe in the next year or so we'll see a really strong market.

[Velemir Sava]

I am still looking at the matter in a neutral way when the market is still in a state of undetermined trend, and the volatility is strong before big news. Even though we are seeing a lot of good news surrounding the crypto market right now, it seems to me that there is a direction to get people's attention, perhaps a new growth cycle coming up, I'm not sure it'll start anytime soon but maybe in the next year or so we'll see a really strong market.

yes, i am personaly  think like that,  it's better to stay updated. and if there has been a final announcement about this, it will definitely be the target of news hunters to be published on their main page and this will be good news for the development of crypto itself, not just XRP. at least for now that's about it.

[southerngentuk]

The issue between XRP and the SEC has been going on for a long time and has affected the trust of some investors and users. Regardless of the determination of XRP and the SEC, personal views on whether XRP will have a significant effect on the market may differ. However, the cryptocurrency and Bitcoin markets have continued to grow and increase in price during this time.

Finding greater demand and discovering new potential projects is also an important part of the game in the crypto space. Bitcoin and Etherium remain the best long-term investments.

[Husires]

Well, but it has happened, effect is on whole market. I mean just look at the change in last 24 hrs, btc ain't exception either. Why would you disown the live data?

Why did you assume that because of XRP win in SEC, Bitcoin moves by 3% to 7%, and perhaps even 10% due to the movement of supply and demand, and therefore the movement within this range is considered normal and does not need an external influence to say that it is the reason for changing the price of Bitcoin.

when we compare price changing:

Bitcoin price change rate within a week: 0.23%
ETH price change rate within a week: 3.92%
XRP price change rate within a week: 53.67%

Also, the rates of change during narrower ranges, such as less than a week, are not affected, as happened with the price of XRP.

The opposite would be completely different if Bitcoin rose by 53.67%, you will find all cryptocurrencies rising by a percentage close to that.

[siniminomorocomunisakito]

Well, but it has happened, effect is on whole market. I mean just look at the change in last 24 hrs, btc ain't exception either. Why would you disown the live data?

Why did you assume that because of XRP win in SEC, Bitcoin moves by 3% to 7%, and perhaps even 10% due to the movement of supply and demand, and therefore the movement within this range is considered normal and does not need an external influence to say that it is the reason for changing the price of Bitcoin.

when we compare price changing:

Bitcoin price change rate within a week: 0.23%
ETH price change rate within a week: 3.92%
XRP price change rate within a week: 53.67%

Also, the rates of change during narrower ranges, such as less than a week, are not affected, as happened with the price of XRP.

The opposite would be completely different if Bitcoin rose by 53.67%, you will find all cryptocurrencies rising by a percentage close to that.

Btw, you are very observant in reading the percentages even though they are certainly temporary. if Bitcoin goes up 53.67%, XRP will fly to the moon, I can see this from the data you are presenting just now. that's right, BTC goes up any coin that is on the exchange, all of them are no exception XRP or something else.

[Ziskinberg]

I'd see this as an escalating issue, after solving the first one, another case will be filed. But the good thing is that XRP never quit and this will tell us that the team has no time to give up but had it work.

However, in this situation, even if XRP will win still it won't give a huge impact and its price remain like that. A decentralized project won't go that high and pump more because even during the bull season, it was seldom to see its price like bullish, it was not really.

[killerfrost]

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

rather,
i see whether it wins or not the next bull run has to happen, but we've seen quite a bit of good news coming to this market right now, perhaps these are bringing attracting investors back to the market as well as attracting more people to learn about it. There are a lot of things that I think are exaggerating about the future a trend is about to begin, although I am also very bullish on this market, I will continue to watch what happens next.

[rhomelmabini]

Also, the rates of change during narrower ranges, such as less than a week, are not affected, as happened with the price of XRP.

The opposite would be completely different if Bitcoin rose by 53.67%, you will find all cryptocurrencies rising by a percentage close to that.

I agree with you on that if Bitcoin moves like that in a day, that would really take the whole market to move, not in the instant but there's always a lag before altcoins moves. Well, we can't deny the fact that XRP ruling was good for the market but I still believe Bitcoin should be the one leading the market then altcoins will just follow its trajectory.