Ripple - SEC END! - page 2. | Bitcointalksearch.org

Raflesia

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Quote from: ASCDO21 on August 08, 2024, 01:20:52 AM

The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?

I heard the news of Ripple's trial too many times even though they said that it was the last trial but in the end there was always a problem that made them have to create drama again.

To be honest, the progress of Ripple is still quite good for the size of altcoins but when there is always drama like what is happening now, their condition will still not be able to change and the price will remain stagnant as it is today.
If the future wants to be a very good thing for Ripple then they should try to end their drama with the SEC and try to start over from scratch to realize the pending plans, but when they continue to argue which requires a trial again and again then things will never change for Ripple.

Kavelj22

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Quote from: o48o on August 09, 2024, 11:38:35 AM

Quote

The decision ends the SEC’s case against Ripple, however, it is expected that the agency will appeal.

So it might not be over, because there's more to this?

The absence of a legal regulatory framework for this type of company services is what opens the way for both parties to act freely without relying on any reference. This means that Ripple can issue currencies and dispose of them in unregulated ways, which will often serve profitable interests, and the regulatory bodies, in turn, strive to align their decisions with any of the financial laws in force to try to prove the conviction.

Therefore, the US SEC or other regulatory bodies cannot be convicted at all, and the evidence for this is that in their pursuit of other companies, they succeeded in proving the conviction. The same is the case now with Ripple, since the case has been pending for years, which explains the problems of monitoring, diagnosis, and proving the conviction, i.e. the length of the litigation procedures.

Personally, I do not trust Ripple and consider XRP a centralized currency par excellence that benefits from blockchain technology and encryption while maintaining the central character.

o48o

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Quote from: mich on August 09, 2024, 02:37:21 AM

Well here is the big rewards we have been having to wait for all this time now. I do think that Ripple is happy with the penalty from the judge to pay only $125 Million.

It could have been so much more worst for us that hodl xrp.And now Ripple is only token in top 10 of the marketcap that is in profit for the last 7 days.

https://bravenewcoin.com/insights/victory-for-ripple-xrp-soars

Quote

The decision ends the SEC’s case against Ripple, however, it is expected that the agency will appeal.

So it might not be over, because there's more to this?

I don't know how deep in ripple people have to be to see this as a win. I understand for celebrating that it's over, and not having to pay $2B. And there's the fact that Ripple can survive this. But in what reality this is a win? They were literally found guilty for the thing they were accused of and have to pay $125 Million. In any other reality that would be a loss. But ripple is like "yes we broke the law and had only pay $125 for it". Usually that kind of attitude doesn't reflect repenting of admitted wrongdoing, and that attitude might come back biting them.

Crypto world is weird sometimes.

Akbarkoe

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Quote from: mich on August 09, 2024, 02:37:21 AM

Well here is the big rewards we have been having to wait for all this time now. I do think that Ripple is happy with the penalty from the judge to pay only $125 Million.

It could have been so much more worst for us that hodl xrp.And now Ripple is only token in top 10 of the marketcap that is in profit for the last 7 days.

https://bravenewcoin.com/insights/victory-for-ripple-xrp-soars

What amazes me is that Ripple is in big trouble and the problem is so very long but still survives in the top 10 in CMC, it shows that how strong their holders are until at this moment the trial is over and the decision is final it gives a fresh scent to XRP holders.

I collected a little XRP some time ago when the price was low, and unfortunately I felt that I didn't buy much for the long term, we know that XRP has many connections and is supported by many banks, here the opportunity is quite clear for XRP if it can really replace SWIFT, XRP Ledger is also getting interesting and continues to be discussed, as well as the conspiracy that exists in its nature, it is very subtle.

2Pizza410000BTC

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Quote from: ASCDO21 on August 08, 2024, 01:20:52 AM

The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?

This is big news and happy news for Ripple. They only have $125 million in fines that Ripple would likely be willing to pay. But Ripple may have surged 22% for this ruling. Despite the increase, the price could not be kept up for a long time, today I saw that the market has come down a lot. However, it is very important that all SEC charges on XRP be settled because XRP is not going very far despite being a huge coin. Whatever was going ahead, they are not able to go ahead due to various cases. But now it seems that confidence will return in the mind of investors and they will increase their investment in this coin.

Yamane_Keto

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SEC case is one of the things that has positively affected XRP, but you cannot bet on its future with one positive event, is that the network is still far from global adoption and more centralized services have not tested it. Technical progress is limited, supply is unlimited and it is not part of the team’s plans for it to be a deflationary asset that increases in value, but rather their goal is for its price to be stable and low so that fees are cheaper.

Easteregg69

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Quote from: mich on August 09, 2024, 02:37:21 AM

Well here is the big rewards we have been having to wait for all this time now. I do think that Ripple is happy with the penalty from the judge to pay only $125 Million.

Sayeh man. They are not partners in crime with the sec now.

I get my beer if it's ok. I got a good long position on.

THE END!

Plaguedeath

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The future is bright for XRP since most people don't care with centralization and Ripple is supported by banks, which I think banks will not die since it's supported by government. We all live in a country where we have president that control all the citizen, so expecting there would be a decentralized country is like an impossible dream.

XRP might not be the best investment, but it will survive.

mich

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Well here is the big rewards we have been having to wait for all this time now. I do think that Ripple is happy with the penalty from the judge to pay only $125 Million.

It could have been so much more worst for us that hodl xrp.And now Ripple is only token in top 10 of the marketcap that is in profit for the last 7 days.

https://bravenewcoin.com/insights/victory-for-ripple-xrp-soars

Fiatless

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Quote from: ASCDO21 on August 08, 2024, 01:20:52 AM

The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?

It's a big win for Ripples, and we saw the effect on the XRP token, which soared 20%. The judgment favored Ripples since the $125 million imposed fine by Judge Analisa Torres fell short of the $2 Billion the Security and Exchange Commission was seeking. Paying a $2billon fine would have affected the crypto firm's future negatively because many investors might have lost confidence. The company is not out of the woods yet because it is certain that the SEC will appeal the judgment. If the appeal doesn't favor Ripples, it might be a big blow.

Abiky

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Quote from: ASCDO21 on August 08, 2024, 01:20:52 AM

The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?

I think the future is bright. Especially when the SEC has given up on crypto. The agency even dropped its case against Binance's Paxos-issued BUSD stablecoin. ETH got lucky too. My guess is that Ripple (the company) will pay the fine using the stash of tokens it holds in its wallet. Market prices will drop temporarily, but things should be able to get better in the long-term (even though I'm not a fan of XRP's centralized nature).

Perhaps, now that the road is clear for XRP, Ripple will proceed with its ambitions of replacing SWIFT for global payments? One can only imagine. The future is unpredictable, so we can only hope for the best.

ASCDO21

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The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?

Topic: Ripple - SEC END! - page 2. (Read 300 times)