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Topic: Ripple still Alive even their appeal gets denied from New York court (Read 290 times)

brand new
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sr. member
Activity: 770
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I still dont underatand why people still trust ripple. This coin have many issues. From the centralised distribution and now the court because ripple team did not keep their promises to other company which has bought their option price. The onle reason its pumping is because awhole marketcap is going high and john mcaffee shilling coin under $1. Now i dont trust it will ever reach $3 anymore.
legendary
Activity: 1232
Merit: 1029
Ripple is alive and still good position even a online news publish on 19 March 2018
A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?

Claim was that  Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.


Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/
Normally, what else would you expect from a market that is highly manipulated and controlled.
It just sucks that people are not getting this whole thing about how ripple terribly sucks and I hope one day they would not get to make a real mistake of holding this so called centralized currency thinking they are actually holding something worth it. Although I am not sure about the news, but one thing with ripple is that as long as it is centralized, anything goes.
jr. member
Activity: 181
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crypto lover
ripple have big community,  and good project, and most popular project in market, I don't think it can dead easily,  it can't die too early.
Ctn
sr. member
Activity: 644
Merit: 259
Off course it will stand at good position always as they dont care about the surrounding market. They control the currency you know? Thats why they are centralised one and thus may just bring up whatever price they want and may control the market cap too as they fluctuate the prices and thus investors make moves in terms of their portfolio. (More or less likewise) fluctuating the market cap.

I mean these lawsuits and stuff are outside the crypto world so they wont hamper directly to the current market situation for sure.
member
Activity: 576
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hopefully ripple can still provide benefits for the owners and for people who are trading in ripple because I think ripple now has become one of the bad coin because it has been rejected in a decent company.
newbie
Activity: 126
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that is good news because ripple coin has good potential for the future, if the dead ripple will sufficiently affect the market.
legendary
Activity: 1652
Merit: 1057
Ripple is alive and still good position even a online news publish on 19 March 2018
A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?

Claim was that  Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.


Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/


I doubt the truth of this news, if this news is true then R3 have a big chance to win the dispute and very unfortunate if 5% of max supply XRP will fall to R3 moreover 5 billion XRP will be purchased cheaply
It is not even about what we think, fake or not, ripple is a coin that sucks and it is something that is highly possible for them to achieve. Firstly, it is centralized and the devs are holding most part of it, and who on earth really want to be holding such.

Secondly, even though it is classified as the banker’s coin, I really do not see its importance when the banks are really not seeing it as something they would even want to make use of. As far as I am concerned, Ripple is a scam and it is just about time before we started seeing it being pushed to where it actually belongs.
newbie
Activity: 81
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Ripple is the biggest shit coin ever. No tech at all in it. Just a privatized network.
member
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to be honest I do not really believe in ripple because I think the development of ripple is all just a lie which means ripple is not too serious about developing a project that wants to wake up.
legendary
Activity: 2982
Merit: 1028
In the next 5 years, ripple will not be dead for sure like bitcoin, it is the best company in the industry for me, but not the best cryptocurrency for sure as it is very centralized.
The news linked by OP seems like a legitimate one because I found another reliable source from cointelegraph stating the same news. If ripple loses it's appeal in New York, they would be dead for sure because they must cease operation in accordance to the lawsuit. I wonder though, will ripple become a decentralized coins if that happens? Or will it stay to be the same old centralized coin it used to be continuing it's operation?
They might be freeze for a while but if the dev's team still have a guts to continue their project, I'm sure its a big deal for this coin, the news will bring more downfall and investors who already have their coins will maybe dumped their share as well avoiding to have a big losses and start investing again with some other coins that will give them a chance to recover their loses, we need to have a good judgement if we wanted to survive with such news like this.
sr. member
Activity: 812
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Ripple is alive and still good position even a online news publish on 19 March 2018
A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?

Claim was that  Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.


Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/


That's just the FUD to fool the mentality of the traders. Because the ripple is a very prestigious and influential altcoin for the Crypto market. It has a great collaboration with 6 big banks in the world. So the ripple can never be deceptive or illegal.
I always trust Ripple because all the positions in the corporation work very well and closely. By 2020, the price of the ripple will be $ 3.5 per coin.
full member
Activity: 476
Merit: 107
In the next 5 years, ripple will not be dead for sure like bitcoin, it is the best company in the industry for me, but not the best cryptocurrency for sure as it is very centralized.
The news linked by OP seems like a legitimate one because I found another reliable source from cointelegraph stating the same news. If ripple loses it's appeal in New York, they would be dead for sure because they must cease operation in accordance to the lawsuit. I wonder though, will ripple become a decentralized coins if that happens? Or will it stay to be the same old centralized coin it used to be continuing it's operation?
legendary
Activity: 3248
Merit: 1402
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Ripple is not a decentralized coin. Regardless to the truth-value of the news, we cannot predict the real situation with xrp market, since the prices might as well be manipulated and regulated. And besides, could one court case really make much of a difference? There were various court cases in and outside of the US related to bitcoin. Some turned out for btc, others against it, but the prices didn't change much. Probably because most of people don't follow such things as court news.
full member
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In the next 5 years, ripple will not be dead for sure like bitcoin, it is the best company in the industry for me, but not the best cryptocurrency for sure as it is very centralized.
sr. member
Activity: 644
Merit: 259
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Apparently R3 will receive XRP and that if they sell a large part of it right away. The price may drop sharply. In vain Ripple hoped for the skill of their lawyers.
Why would they enter in the agreement and then later backed out anyways, they have seen the folly of their deal but if there is any documentation, is the agreement even binding in the first place.
hero member
Activity: 3220
Merit: 678
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Ripple is alive and still good position even a online news publish on 19 March 2018
A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?

Claim was that  Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.


Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/


Ripple has huge community. It just cannot be dead like that. It is one of the coins which people believe (definitely not me) will moon because of its usefulness and purpose in the banking industry. So I guess, until there are so many believers, XRP will live just like bitcoin.
Let them keep believing in their moon, and I hope that one day they get to see that moon. Yes, some noobs may believe that they can get to see ripple give them some pretty good move to the moon in the later run but I really hope their hope will not end up getting dashed in the long run.

All the above, ripple to me does not look like a coin that is going to be surviving that much in the market and the only thing that is keeping it going now is just basically because it is centralized and when the devs are done with everyone, they could likely just dump on them pretty hard.
newbie
Activity: 193
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Apparently R3 will receive XRP and that if they sell a large part of it right away. The price may drop sharply. In vain Ripple hoped for the skill of their lawyers.
newbie
Activity: 1
Merit: 0
Ripple is alive and still good position even a online news publish on 19 March 2018
A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?

Claim was that  Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.


Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/


Ripple has huge community. It just cannot be dead like that. It is one of the coins which people believe (definitely not me) will moon because of its usefulness and purpose in the banking industry. So I guess, until there are so many believers, XRP will live just like bitcoin.

Just one problem with that... The banks don't want to use Ripple, and I really doubt many will in the future.
They're saying themselves that they might get 3 contracts from money transfer firms in 2018, but I think that's just peanuts.

Banks will want to go with their own blockchain solutions, that's just what I think will happen.

Sources:
https://www.bloomberg.com/news/articles/2018-01-25/ripple-wants-xrp-to-be-bitcoin-for-banks-if-only-the-banks-wanted-it
https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985
https://www.coindesk.com/ripple-claims-3-money-transfer-firms-xrp-2018/

What is true is that they've gotten a lot of investments from investment firms, so it's almost as if they're too big to fail.


That's very true of the high street banks, they move at a pace that makes a glacier look like the road runner

But don't forget there are many hundreds of small fintech start ups that are already taking risks on customers that the banks aren't willing to touch. However though despite this much of what the startups provide still actually relies entirely on the (slow and expensive) international banking network. If an 'off grid' network was built around XRP (or any other cryptocurrency that promises low fees and fast transactions) that bypasses much of the big bank infrastructure then I'm highly confident the fintech startups would use it.
jr. member
Activity: 336
Merit: 5
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If R3 get 5 billion in ripple then they could tank the ripple market easily with a mass sell off. Anyone still holding should dump it quickly before the decision is made, if it goes south then you know that it will be too late as the big players will be ready to dump at a moments notice
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