CAN RIPPLE SURVIVE? - page 7. | Bitcointalksearch.org

WeissJasper

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

Sooner the better, XRP-BTC market right now is althou good but still i think its too slow. Would like to have a bull run towards a new ATH

Clement Kaliyar

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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.

The former CEO of XRP sold all of his holdings and when the lawsuit was public majority of the institutional investors also started to dump the coin, with some of the exchanges delisting them especially for US users, it will be difficult for them to gain attraction once again and how they are planning to sort the issue is unknown and it wont be that easy from what i understand.

JeffBrad12

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Quote from: Princeofpoetry on January 26, 2021, 05:37:31 PM

Ripple got experienced difficult things that have not been resolved at this time, which makes XRP survive because of the large community support, as long as get that support, I believe that under any circumstances Ripple will survive in crypto. we can only see what XRP's progress will look like in the future

It will be solved when the court can decide about the illegal security token offering that has been running by ripple. That means if until the court will be releasing its decision and ripple will always be getting a lot of uncertainties, A lot of attacks from the its investors and community, and this will be affecting the price of ripple gradually.

lionheart78

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It is still 50-50 in my opinion since the case of XRP hasn't resolved yet and we don't know what would be the outcome of that lawsuit against them. If we set aside the US SEC allegation, with the XRP fund alone, they can survive to deliver their roadmaps. Aside from that the company also have XRP holding that they can dump anytime they wanted to fund their upcoming projects.

Princeofpoetry

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Ripple got experienced difficult things that have not been resolved at this time, which makes XRP survive because of the large community support, as long as get that support, I believe that under any circumstances Ripple will survive in crypto. we can only see what XRP's progress will look like in the future

Flowzer

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Quote from: Twinkledoe on January 26, 2021, 05:25:42 PM

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.

I think they will survive, but they will pay hefty amount to get back in the game. If they violated big time, then, it is time to pay what is owed to the government. But I don't think XRP team will let this platform dies, as there are so many stakeholders or partnerships already. I hope they will rectify this very soon.

Its logic, but i dont think they can win in the court against SEC. And if its happen, XRP may cant survive anymore. Also if theres opportunity ripple can win against SEC, many exchange already decided to delist XRP, and maybe it will take time to list it back and make XRP price recovery.

WalkerIVIV

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Quote from: mersal on January 26, 2021, 01:56:32 PM

Not much kf difference in the price movements of XRP in the one month chart but if we take a look at the 3 month chart then there is huge huge hindrance on the prices for sure. Once the trust lost then it will be hard to recover from it for any cryptocurrency assets and also it is getting delisted from most possible trading platforms will worsen the condition more.

The lawsuit that already taken by SEC has been making ripple to lose a lot of liquidity.
When crypto got bad news and so many people will be leaving it and that's happening with ripple right now. So many US exchange site has been contributing a lot to the liquidity of ripple but this time it's disappear.

Twinkledoe

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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.

I think they will survive, but they will pay hefty amount to get back in the game. If they violated big time, then, it is time to pay what is owed to the government. But I don't think XRP team will let this platform dies, as there are so many stakeholders or partnerships already. I hope they will rectify this very soon.

k@suy

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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?

Yes they will if all of the document that sec is finding in them will be given, because of this sec issue the price of xrp is being dump so heavily we all think that xrp will continue to pump last year and it is still on its 3rd spot in the ranking but now the last time I saw it, it goes down to the forth. CEO might sold his share maybe he wants to have fund for the case because it might needed a lot of money for the trial, xrp will survive I believe in that, but the price like last year cannot be achieve this year.

Gozie51

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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

Tstar

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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.

Coyster

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Ripple was doing pretty well before the lawsuit was filed against them, but since then it's been the other way round, Ripple wouldn't prolly bounce back to its previous levels, but I also don't think it'll plunge to zero, but having said all that, what will happen will depend on the verdict of the lawsuit, if it eventually goes in favor of XRP, then I think there's hope for the coin.

Ripple lost quite a lot of Investors, so it's going to take a while before they are able to build that sort of community again, but it is what it is and if the developers are still determined then anything is achievable.

kindbtc

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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?

In my opinion, xrp will survive as they have been able to get rulings in their favor from many financial authorities around the world and new SEC chairman is also pro crypto as far as i have read and lastly ripple is a big corporation now with years of market experience and linkages, I think it is here to stay.

mersal

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Not much of difference in the price movements of XRP in the one month chart but if we take a look at the 3 month chart then there is huge huge hindrance on the prices for sure. Once the trust lost then it will be hard to recover from it for any cryptocurrency assets and also it is getting delisted from most possible trading platforms will worsen the condition more.

Miaallen

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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?

Topic: CAN RIPPLE SURVIVE? - page 7. (Read 1140 times)