CAN RIPPLE SURVIVE? - page 6. | Bitcointalksearch.org

speedforce

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Quote from: Gozie51 on January 26, 2021, 04:48:16 PM

Ripple in a long time may prove strong by coming back but at the meantime with the law suit still hanging on their neck, I don't see a magic happening and the issue is made difficult because of the sale of the coins of the cofound. Many whales will also follow up by selling their coins. This can cause panic selling and the price may drop more

Agree, dont entry when market is too risky like this. Its better to entry after court ends and ripple win it. If they defeated at the court, i dont think XRP will have any future.

IkonaDro4ku

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Now that the British have had their say, there is an even greater likelihood that everything will be fine and Ripple will pay a small fine. I think that the price will show good growth by the end of this year.

CuriousGeorge

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KUWA.ai

It's UK and not US. Ripple was facing the problem on US and we also know that US can be considered as the crypto house too consider so many volume was coming from US.
Jay clinton will determine the future of ripple. It will not mean ripple go back again to the crypto community.
The decision that has taken by UK will not give any impact to the problem that faced by ripple and its executives.
This project illegally running ICO in the past and collected billions money from investors.

ethereumhunter

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I think ripple still survive until now, but we never know when ripple can do that since the price can go lower anytime. We do not know if ripple can go back to the last position or not, but if the problem is solved, I am sure that ripple can convince the investor to come back to the project and invest their money.

But we will see later if ripple can still survive or it will go down for more. Only time will tell. I suggest you move on to the other coins, which have the potential to increase. You need to leave ripple for a while until the problem is solved.

perla

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I think yes after the SEC issue and the delisting of exchange the price drop hard but comes back again and now it's in the middle I really do think that they could survive, it's just my personal opinion but if you are not sure about it you can choose other cryptocurrency.

Finestream

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Quote from: Miaallen on January 26, 2021, 01:36:19 PM

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

I like this development, at least there are countries who favors Ripple here, and this will give some relief for investors.
UK and US are both big market, if Ripple will miss US due to their violation, but it's still good to have UK favor them, they will certainly survive.

Quote

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

The damage has been done, climbing back to the spot where XRP was rank before is hard, unless US would change their view.

MCobian

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Ripple is indeed experiencing a big problem, and we can see that Ripple's performance has also decreased. Even the Ripple market cap was
successfully passed by Polkadot, now is the tough time Ripple has to face. While this is true Ripple is only a problem in America, but I believe
that if the court ruling comes out and the SEC charges prove true it will affect Ripple outside America as well.

Whether Ripple will survive is a difficult question to answer, because anything can happen in the crypto world. But if you look at Ripple as one of
the old projects, it seems that Ripple's fundamentals are very strong. So it is very likely that Ripple will survive and still exist in the future.

trauchot

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So far, I see that big players are still investing in XRP and the trading volumes of XRP are still very huge and this suggests that too many people still trust in XRP and many people still believe that everything will be fine with XRP, but it all depends from the SEC and XRP, so for now, investing in XRP is a huge risk and therefore we need to wait a while until all these problems will be resolved and then after that it will already be clear what will happen with XRP, so do not rush for now.

Cling18

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Quote from: Miaallen on January 26, 2021, 01:36:19 PM

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

As for me, it could survive but it will be hard for it to regain the trust of most investors again. It's honestly hard to rely on coins that have issues these days. We could see it as a big risk. If Ripple could fix their cases as soon as possible, I guess it would be a big help in regaining the people's trusts for it but as what I have read, they are not facing another lawsuit.

Distinctin

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Only time can tell, those who are investing in Ripple despite of the lawsuit news believes that Ripple will survive but those who see this risk might think Ripple will fall in the future so they are pulling out their investment.

Your question is answerable by yes, no, or maybe, you can't expect one answer only as being an investor, you area always bias.

killerfrost

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The worst scenario can happen, everything needs to end soon to look forward to the future. I see the current situation as people are starting to settle down and its prices are being supported, whoever knows what to expect when it comes down to the impact of the SEC. I no longer put my faith in it this time around because there are so many good opportunities in this market and it is not the only thing that is bringing us money, so that's why I sold out XRP to switch to another coin hold.

Eco_111

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When ever there is a problem there is always a solution, I believe XRP team will be able to get out of this trouble by complying with whatever the law wants, fine will just do right for them as they are old projects and there is enough money to get out of trouble

lixer

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Quote from: Tstar on January 26, 2021, 02:48:25 PM

Ripple will survive as it's adopted in too many corporate services and integrated into many eco-systems. So it could be cheaper to keep it alive than rewrite everything. But Ripple will never win the hearts of the crypto community.

It is not about winning hearts though but the problem is that most of the exchanges are now delisting XRP trading which is the biggest worry because any coin has its value and worth based on the trading volume and the exchanges which allow its trading and XRP would have died by now if it was not ranked so high, in case you don't know it is the 5th biggest coin in the market despite facing all the backlash and problems regarding its operating status.

I have a feeling that things won't improve because obviously there is no way of that happening but there is a good chance that the stalemate kind of market continues while the price keeps dropping lower and lower with time.

LogitechMouse

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Quote from: Miaallen on January 26, 2021, 01:36:19 PM

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

Ripple has been gone thru many challenges already throughout the years because of their main goal. What is happening right now to them is just one of it.

I'm not a Ripple holder but as I see it, I know that they will survive with what they are facing right now although I expect that more and more lawsuits or cases like this will be faced by them in the future. As long as there are supporters of the coin, the coin will survive and Ripple has a very huge community so I don't think that it will die just like that unless they will follow the footsteps of Bitconnect in some ways Cheesy

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takngantuk

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as long as their network is still operational, XRP will survive. They only have trouble with America anyway, so outside of that they're safe. There are still many large exchanges outside America that support ripple. so there's no need to worry about this. But what matters is whether ripple can still get back on track once the SEC issues are resolved. Everyone knows that the market is currently in a bull market, and only XRP will not be affected by this. so if the problem is resolved, will the bull's impact affect the ripple. if so, this is great for making the situation better.

Dr.Osh

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I don't know, only time will tell. I can only appreciate the quality of XRP in surviving the current problems. besides, even with such pressure, the price of XRP also did not fall that far, in fact, there are still many communities that believe that XRP will bounce back. however, I am currently starting to think that XRP will survive.

tabas

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We have several Ripple threads already, we can continue this type of discussion through those threads. Just like these two topics about it.

GreatArkansas

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Ripple is already fishy few years ago, it is a product of pump and dump, purely hype. I don't have clue why they have still lot of supporters back then? Or they are just trolls?
A lot of people keep telling before to avoid Ripple. Look at now, a lot of people got REKT or trapped with a huge loss.

For me, better to move on and avoid to hoping for Ripple, there are lot new altcoins now that is more better in Ripple.

coin-investor

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Quote from: Miaallen on January 26, 2021, 01:36:19 PM

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

And it's only a matter of time before Cardano overtake them on their position when the news of SEC suing Ripple, there's no positive news now coming up on Ripple, what you posted about the UK treasury is another bad news that will add to Ripple slipping down to its position, if there is no positive update until the middle of the year, Ripple will find itself out of the top 10, and it's going to be a major climb again.

zerogrown

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Quote from: Miaallen on January 26, 2021, 01:36:19 PM

Ripple (XRP) has been suffering series of hindrances from regulatory body (The US SEC) since late last year. The attack led to a litigation in a US court leading to panic sales of XRP from majority of their investors. The litigation in the US saw the co-founder of XRP who happens to be the CEO of Stellar XLM sold his XRP. This created more fear among the investors before XRP started to gain the market loss back in January.

Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.

Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?

I still see XRP coming back to top. They have been pretty much the most active altcoin that I know of. Integration after integration actually. Volumes on exchange platforms really have plummeted after the issue arise. Im still holding XRP coz I believe it will recover any time soon.

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