Ripple is really trying to win the case with the sec. It has now asked US District Judge Analisa Torres to not allow sec to oppose the ruling that XRP isnt a security.
It is in the decision of this judge if the sec can appeal. The sec is comparing the XRP case with Terraform Labs and founder Do Kwon who was found guilty.
https://www.businesstimes.com.sg/companies-markets/ripple-opposes-sec-appeal-ruling-crypto-isnt-security
Topic: Im coutious about xrp warning (Read 637 times)
Well now Ripple is going to get back at the sec. They have chosen to remove some information from its quarterly reports. And this is because it says the sec is using it against them.
The updates for XRP holdings were voluntary. But Ripple CEO Brad Garlinghouse says it is being used against Ripple in court. So they arent going to show them any more.
https://cryptoslate.com/ripple-accuses-sec-of-weaponizing-the-companys-quarterly-reports-in-court/
The updates for XRP holdings were voluntary. But Ripple CEO Brad Garlinghouse says it is being used against Ripple in court. So they arent going to show them any more.
https://cryptoslate.com/ripple-accuses-sec-of-weaponizing-the-companys-quarterly-reports-in-court/
...I guess they can't accept the result because they fought a long battle against Ripple only to know that they will lose at the end. They still have other chances left from other crypto companies. I hope the OP won't be cautious with XRP anymore...
The judge made such a decision that each side has the right to consider it its victory. The fact that XRP is not recognized as a security is a victory for Ripple. But in addition, the judge recognized the fact that the sale of XRP to institutional investors is an unregistered sale of securities, and this is clearly the success of the SEC.
Ripple CEO Brad Garlinghouse says it is a big victory for his company, who took a big position for crypto last week. He says Ripple won against a bully that is the sec.
And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
He is lying, and people are eating it up. He is lying because he is not happy about this result, the fact that it is now considered a security, directly tied to him means that this is as centralized as it gets and on any wrong move he makes that causes the price of it go down, will be returned with a lawsuit that is geared towards him. This basically opened him up for manipulation, and he could be sued a lot more easily now that it is a security.And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
People are thinking that he is happy because he says he is happy, and that is understandable how would people know he is a liar, but we all know him for a long time now and I can easily say that he is purely lying, there is no correct thing coming out of his mouth these days.
Ripple CEO Brad Garlinghouse says it is a big victory for his company, who took a big position for crypto last week. He says Ripple won against a bully that is the sec.
And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
It's indeed a big victory because the accusation is serious and the accuser is big, it's SEC. Plus it took for many years in order for the case to be solved. It's only a shame that SEC still calls XRP a security despite XRP already proved that they aren't. They even won the case.And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
I guess they can't accept the result because they fought a long battle against Ripple only to know that they will lose at the end. They still have other chances left from other crypto companies. I hope the OP won't be cautious with XRP anymore. @OP, not only you but many of us here are also after the decision made by the whales and big companies. When they dump the price we buy and when they pump it we sell.
Ripple CEO Brad Garlinghouse says it is a big victory for his company, who took a big position for crypto last week. He says Ripple won against a bully that is the sec.
And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
And a big victory for the whole community especially the coins sec still calls security. https://zycrypto.com/xrp-verdict-ripples-garlinghouse-on-taking-down-the-bully-amid-wake-up-call-for-congress-to-regulate/
The most interesting thing in the latest news is that the big exchanges were again included in the listing of xrp, which gave an instant increase, the effect turned out to be very strong.Particularly lucky were the holders who bought before the event, their profit was x2 per day, and this is a very good result.
As for XRP and the SEC, the case remains unresolved, which could lead to a potential element of risk when investing in XRP. Carefully evaluating and weighing different risk factors will help you make an informed decision and listen to different opinions. Remember that no decision is perfect and there are certain risks involved, but it is important that you have the knowledge and information you need to make the most informed decision.
Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.So the
So no matter how much FOMO and hype xrp has...Im out of this project.
The outcome of the SEC lawsuit against Ripple is settled now. Because regulatory compliance is an important aspect of any cryptocurrency project. Now all are settled. So the ripple will get the market acceptance and potential partnerships(Like CEX listing) now. I hope XRP will be pumping after that news. Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.So the
So no matter how much FOMO and hype xrp has...Im out of this project.
Well our hope did come true yesterday. Ripple is getting closer to winning the lawsuit against the sec and we saw big profits from the court ruling that xrp is not a security.
Coinbase was very fast to relist XRP and you can now trade it on there. Bitstamp says it will relist XRP and so does Kraken saying it will relist XRP. Gemin says it might relist it also.
I think it is a good coin to hodl right now and am not worried. The whales are buying it and they been buying it for while now.
Coinbase was very fast to relist XRP and you can now trade it on there. Bitstamp says it will relist XRP and so does Kraken saying it will relist XRP. Gemin says it might relist it also.
I think it is a good coin to hodl right now and am not worried. The whales are buying it and they been buying it for while now.
TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
That is indeed a consideration because there is no clarity about how the case is between XRP and the SEC,I hope XRP can win against SEC and if that happens then it's not impossible there will be a spike in the price,
risky or not investing in XRP is up to each one and they have to decide for themselves.
although hoping to win but it's not easy for sure for XRP to win against SEC,
Hopefully there will be clarity soon and we'll see.
TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
That is indeed a consideration because there is no clarity about how the case is between XRP and the SEC,I hope XRP can win against SEC and if that happens then it's not impossible there will be a spike in the price,
risky or not investing in XRP is up to each one and they have to decide for themselves.
I don't think any serious person will choose XLM over XRP, with all the bad press XRP has suffered for it to still be standing tall against the SEC is a big deal, Stelar lumen is more or less a dead project, I have not heard anything about the project for the past year and I don't, some people call it the poor man's Ripple. I think the legal issue is what is holding XRP price down, if/when they win their case against SEC it will be a big victory for the price.
Our hope is that XRP can win the lawsuit against the SEC,I hope it really happens because after all XRP is still a potential coin,
it is clear that winning the lawsuit is certainly not easy and we will see what happens later.
TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
People are being cautious on this alt because up until now, their SEC issues are not yet resolved.
So it is either, they can surpass this or not. And if not, those holders will be screwed.
I like xrp when it comes to transfer purposes, they have one of the cheaper fees you can find and available in most trading sites.
However, its future is still shrouded by their nonresolution of trouble with SEC.
TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
I don't think any serious person will choose XLM over XRP, with all the bad press XRP has suffered for it to still be standing tall against the SEC is a big deal, Stelar lumen is more or less a dead project, I have not heard anything about the project for the past year and I don't, some people call it the poor man's Ripple. I think the legal issue is what is holding XRP price down, if/when they win their case against SEC it will be a big victory for the price.
What happens is that speculators are thinking that if they were to invest before the case against XRP is solved and there is a positive resolution then they think they can obtain a massive amount of money during that period of time, and there is a possibility they are correct on their assessment, however we do not know if that scenario will happen at all or when it will happen, and in that case it is better to invest in other coins instead of taking such a massive risk by investing in XRP.
At this stage, such an investment in XRP will be akin to a casino. And since we are talking about a casino, there will definitely be those who will put their entire deposit in the hope of grabbing a big jackpot. But such an investment has nothing to do with trading, therefore you need to stay away from such an investment.
XRP can't be said to be safe yet, but if you want to invest in XRP, of course you have to be really prepared to be able to take the risks,
because right now Ripple and SEC are in a battle and who will win will soon appear.
so if you choose XRP and Ripple wins then you will be the one people to win.
What happens is that speculators are thinking that if they were to invest before the case against XRP is solved and there is a positive resolution then they think they can obtain a massive amount of money during that period of time, and there is a possibility they are correct on their assessment, however we do not know if that scenario will happen at all or when it will happen, and in that case it is better to invest in other coins instead of taking such a massive risk by investing in XRP.
At this stage, such an investment in XRP will be akin to a casino. And since we are talking about a casino, there will definitely be those who will put their entire deposit in the hope of grabbing a big jackpot. But such an investment has nothing to do with trading, therefore you need to stay away from such an investment.
It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.
there are still safer options so better focus on those,
XRP is still too risky and as much as possible to minimize the risk.
It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.
Jump to: