SEC still wants XRP so badly - page 2.

jossiel

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Quote from: Oasisman on April 24, 2021, 04:50:07 PM

Quote from: jossiel on April 24, 2021, 04:42:02 PM

I haven't followed this news lately.

Upon reading some of the latest news about it, this is going to be a long case in the court. SEC just asked to dismiss Ripple's defense. But if we're going to relate this to XRP's price, it has recovered, and if this affects it, and will go into another correction.

There's not that much affection because everyone will buy at that dip.

That is correct. For some people who knew XRP has a strong defense against this case, they will without hesitation buy XRP when everyone was scared.
This is indeed a long case, but the case doesn't seem like it's affecting the price after all. Though It has affected at one point during this lawsuit came out to public for the first time. But people was so smart not to let the opportunity to buy Ripple at a much lowet price.

The case and the market are two different things.

And traders, investors, and those people that haven't taken advantage when it was low wouldn't care about the active lawsuit anymore. Before, I've assumed that it's going to be the total lie low for XRP.

But I was wrong and it still did pump despite the lawsuit.

Fesatmas

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It's funny what the SEC did so aggressively over a long period of time and no certainty, then came up with a thousand charges. like a Tsunami, so sometimes the shoreline must be ready for the arrival of big waves. but XRP looks strong and has a professional enough companion to hang on for a moment, and regain confidence.
You know for sure how XRP has done the pumping time and time again but the SEC is still speechless.

DU18

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Quote from: Oasisman on April 24, 2021, 04:50:07 PM

Quote from: jossiel on April 24, 2021, 04:42:02 PM

I haven't followed this news lately.

Upon reading some of the latest news about it, this is going to be a long case in the court. SEC just asked to dismiss Ripple's defense. But if we're going to relate this to XRP's price, it has recovered, and if this affects it, and will go into another correction.

There's not that much affection because everyone will buy at that dip.

That is correct. For some people who knew XRP has a strong defense against this case, they will without hesitation buy XRP when everyone was scared.
This is indeed a long case, but the case doesn't seem like it's affecting the price after all. Though It has affected at one point during this lawsuit came out to public for the first time. But people was so smart not to let the opportunity to buy Ripple at a much lowet price.

for those who persisted with XRP since the beginning of the lawsuit, of course, now they have got a pretty big advantage, but even so we can't blame the decisions of many people who didn't trust XRP at that time, because we all know that a platform has problems with the SEC automatically will make their token prices go down, especially when some exchanges have removed XRP from their lists so this made traders scared and started selling their XRP at a cheap price but we'll see how the results between XRP and the SEC in August, hopefully XRP will be able to win the lawsuit.

Similificator

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Quite a predicament both sides are facing. XRP may dip again because of this news. The SEC clearly is pushing itself to its limit, I can see them fighting to the end of this even if they lose, their EGOs just won't let them back down. All in all, this may still take a while before reaching a conclusion so we may see more volatility with xrp for the whole duration of this case. This serves as a lesson: - do not offend the SEC. Too much of a headache if you do.

Oasisman

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Quote from: jossiel on April 24, 2021, 04:42:02 PM

I haven't followed this news lately.

Upon reading some of the latest news about it, this is going to be a long case in the court. SEC just asked to dismiss Ripple's defense. But if we're going to relate this to XRP's price, it has recovered, and if this affects it, and will go into another correction.

There's not that much affection because everyone will buy at that dip.

That is correct. For some people who knew XRP has a strong defense against this case, they will without hesitation buy XRP when everyone was scared.
This is indeed a long case, but the case doesn't seem like it's affecting the price after all. Though It has affected at one point during this lawsuit came out to public for the first time. But people was so smart not to let the opportunity to buy Ripple at a much lowet price.

jossiel

hero member

Activity: 2842

Merit: 625

I haven't followed this news lately.

Upon reading some of the latest news about it, this is going to be a long case in the court. SEC just asked to dismiss Ripple's defense. But if we're going to relate this to XRP's price, it has recovered, and if this affects it, and will go into another correction.

There's not that much affection because everyone will buy at that dip.

Coyster

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Quote from: Princejebs on April 24, 2021, 03:12:17 PM

I still envy their whale, they keep accumulating every dip, perhaps they know xrp will win over SEC at the end.

Even if they have the believe that SEC will lose to XRP when the verdict is out, it's still pretty risky imo as it's about pump and dump for now, XRP pumps when a positive news (in XRP's favor) on the case emerges and it dumps when there's a negative one, so everything is more or less hanging in the balance at the moment, and if SEC ends up winning, then the hodlers may end up with dumped coins.

Quote from: totaleclipseofthebank on April 24, 2021, 02:03:46 PM

I do not know why SEC keep suing xrp instead of leaving it alone.

You'd not expect SEC to back down from this case, the lawsuit has been filed and they are obviously going to see it to the end, they may well lose, but the verdict better be in favor of XRP for the sake of all their investors still holding their coins.

Leonardo7

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SEC should face some other more daring issues and see how they can better this crypto and create a better investing environment instead of chasing a multibillion dollars project. Now they are losing via the court and ripple armies are standing behind XRP. I currently don't have any XRP. Have been against XRP because I needed to pay a 20 XRP activation of wallet fee, and XRP coin distribution too.

Princejebs

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Quote from: HashingTower on April 24, 2021, 01:43:57 PM

U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/

You don't offend SEC no matter your position in crypto currency. It happen with Usdt and SEC refuse to let's go until they settle SEC some millions. The same thing will likely happen with xrp else they wouldn't allow xrp to hav3 a healthy growth.
I still envy their whale, they keep accumulating every dip, perhaps they know xrp will win over SEC at the end.

totaleclipseofthebank

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I do not know why SEC keep suing xrp instead of leaving it alone. Things you said might right, they do not want to lose, especially when they are a big authority of the US government. But things are changed. Old system will soon be replaced and if SEC does not change themselves, it will be wiped out

HashingTower

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U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/

Topic: SEC still wants XRP so badly - page 2. (Read 206 times)