Topic: What will happen to XRP market now that SEC is suing Ripple? (Read 686 times)
After a few months, there's no update that can harm XRP in his standing in the market it still occupies the tops spot in the market and is still a good coin to be added to anyone's portfolio, but those who will invest in XRP should always be aware of the issue and always get an update, especially if you are holding a huge amount, the worse thing that can happen is when there are negative news coming about XRP and you are the last to dump it.
In my opinion, the impact of the SEC suit against Ripple will be the negative sentiment towards XRP in the crypto world which continues to push its price down. This depreciation is due to the fact that many people are constantly worried about the future of Ripple. Until now, XRP market capitalization also seems to continue to decline. XRP rating has dropped from third to fourth and is surpassed by Tether, in the largest market cap category in the crypto market. the future of Ripple is still unclear and price depreciation is likely. Therefore there is still an opportunity for Ripple to fall deeper which makes the potential buy bigger, even though there is no sign that it will rise again.
Investors will worry and unconfidence if their assets always face SEC in court. It bring uncertainitty to XRP status in legal standing. If this case continuesly occur every year, investors could leave this project and move to other project with more certainity and no one will disturb its developtment in market. Personally i am prefer to buy eth or bnb than xrp that will bring me worry.
In my opinion, the impact of the SEC suit against Ripple will be the negative sentiment towards XRP in the crypto world which continues to push its price down. This depreciation is due to the fact that many people are constantly worried about the future of Ripple. Until now, XRP market capitalization also seems to continue to decline. XRP rating has dropped from third to fourth and is surpassed by Tether, in the largest market cap category in the crypto market. the future of Ripple is still unclear and price depreciation is likely. Therefore there is still an opportunity for Ripple to fall deeper which makes the potential buy bigger, even though there is no sign that it will rise again.
Personally I still support XRP by keep holding the coins. Even though SEC suit against Ripple, this project keep building their purpose by continue make partnership with international bank that located offside USA. They also will develop NFT project. Ripple project already run more than 7 year, and they keep stronger by building new product.
They need to keep going even though, there's a case against them by SEC, they are in a good position in the market and they need to sustain, it's surprising for a coin that is still in the top 10, even if the SEC has a case against, the community and the developers are in one in supporting XRP in the market, hopefully, the court will favor them, the price will pump if they win the case..
Personally I still support XRP by keep holding the coins. Even though SEC suit against Ripple, this project keep building their purpose by continue make partnership with international bank that located offside USA. They also will develop NFT project. Ripple project already run more than 7 year, and they keep stronger by building new product.
just remember that XRP the coin has nothing to do with the technology they are building. anything that RIPPLE (the company) does is for their technology to make the standards for their networks which the coin (XRP) can totally be ignored and the company can actually use different tokens like ETH or anything.
XRP (coin) and Ripple (company) are different from each other. i think they purposely make it very confusing that's why some speculate XRP can go $100 when it fact, the development of RIpple has nothing to do with their coin. its all shit.
Personally I still support XRP by keep holding the coins. Even though SEC suit against Ripple, this project keep building their purpose by continue make partnership with international bank that located offside USA. They also will develop NFT project. Ripple project already run more than 7 year, and they keep stronger by building new product.
I am no fan of Ripple and I think that whether they have committed this specific crime, they have been certainly creating dubious news and manipulating the public perception beyond what could be a reasonable marketing.
It is not a big surprise that Ripple is a heavily premined coin and i think that they have done the kind of activities that SEC is claiming, collecting money without registering as a security with them and i have no idea what will happen because when the news appeared the market crashed but then after sometime the market recovered strongly and i have no idea how that happened.A glimpse of information that Ripple has won the lawsuit in court. This is what causes Ripple's price to increase. But there are also those who say the SEC's lawsuit against Ripple isn't over. Despite this, Ripple's market conditions are currently improving. They are targeting $ 2 in the near future.
I am no fan of Ripple and I think that whether they have committed this specific crime, they have been certainly creating dubious news and manipulating the public perception beyond what could be a reasonable marketing.
It is not a big surprise that Ripple is a heavily premined coin and i think that they have done the kind of activities that SEC is claiming, collecting money without registering as a security with them and i have no idea what will happen because when the news appeared the market crashed but then after sometime the market recovered strongly and i have no idea how that happened. 
It seems that the SEC is not willing to reach an agreement. My take is that they may use this case to set an example and encourage self regulation in the sector. While the lawyers have put forward a motion to dismiss (which could soar the price in won) the SEC probably considers that 1.3B in illegally sold securities - as per they definition - constitute to much of a risk to their standing.
I am no fan of Ripple and I think that whether they have committed this specific crime, they have been certainly creating dubious news and manipulating the public perception beyond what could be a reasonable marketing.
I am no fan of Ripple and I think that whether they have committed this specific crime, they have been certainly creating dubious news and manipulating the public perception beyond what could be a reasonable marketing.
There is a huge impact on XRP getting lawsuits from the SEC, as can be seen with several exchanges delisted XRP. Then the popularity of XRP also
dropped quite drastically, we can see that the ranking XRP on the market cap site has decreased and makes XRP's position now in 7th place.
So the future of XRP is very worrying, and if it doesn't immediately resolve legal issues with the SEC. I can assure that XRP will continue to lose
investors trust.
Although they slip in the 7th position still the price is still good compared when the news of SEC suing Ripple, still surviving so far we have not read any news that exchange is delisting Ripple, that's a positive news for Ripple and their investors, but for how long, good things will end for Ripple once the court drop a negative bomb, everything is hanging and it's to risky to ignore Ripple's position. dropped quite drastically, we can see that the ranking XRP on the market cap site has decreased and makes XRP's position now in 7th place.
So the future of XRP is very worrying, and if it doesn't immediately resolve legal issues with the SEC. I can assure that XRP will continue to lose
investors trust.
If SEC decide to end this story bad when ripple will see a lot of red candles in the next few weeks
There is a huge impact on XRP getting lawsuits from the SEC, as can be seen with several exchanges delisted XRP. Then the popularity of XRP also
dropped quite drastically, we can see that the ranking XRP on the market cap site has decreased and makes XRP's position now in 7th place.
So the future of XRP is very worrying, and if it doesn't immediately resolve legal issues with the SEC. I can assure that XRP will continue to lose
investors trust.
dropped quite drastically, we can see that the ranking XRP on the market cap site has decreased and makes XRP's position now in 7th place.
So the future of XRP is very worrying, and if it doesn't immediately resolve legal issues with the SEC. I can assure that XRP will continue to lose
investors trust.
The attack on XRP is an attack to all. This is why some other altcoin as are dumping as well
No, that's not really an attack to all. This lawsuit is just specific for the Ripple. Don't think that because a lawsuit was filed to Ripple they're including in this battle bitcoin, ethereum and other big names in the market. That's not the reality of this. This is only a battle for XRP and if the market is going down because of it, remember that we are in a speculative market for which every news is affecting it. because they knew, they could also be sued the same way as SEC did to Ripple.
As long as they haven't done anything malicious and suspicious that violates SEC's ruling, why they have to think of it? 
Wow Imagine Ethereum losing %20-50 of its total value in a day and knowing that it is going to zero soon now that would be more exciting than watching a train wreck.
Imagine the Panic.
I bet Vitalik would suicide.
Yeah, just like Epstein Imagine the Panic.
I bet Vitalik would suicide.
Remember:
Quote
it was ~12% premine. Another ~60% was the sale
https://twitter.com/vitalikbuterin/status/1048082496233996294The problem is that crypto's value is often detached from reality; even hacked projects, meaningless projects, illegal securities with massive pre-mine, can have relatively high prices.
As we see, XRP market suffered a great loss due to SEC suing Ripple. It is the developer's fault why they are at the current situation. If the SEC won the case, it is possible that Ripple will have to fine a huge amount of money which can possibly lead to Developer dumping their XRP holding thus, making XRP market to crash even more.
I'm surprised how much the rate has dropped overnight. I wonder what will happen next, and what will be the news on this case, but all that can be observed now is only the price falling lower and lower. The lawsuit has already been filed, so Ripple is in for a tough time.
By the looks of it SEC always attacks on the same thing, the "unregistered" part of the company. I hate ripple as much as anyone, I really want to see them bankrupted and ripple fully gone, however this is just a tactic by SEC to show how they have the power.
We have seen a ton of companies that got sued because they are unregistered, but the fact is, do you really register your currency? I understand that ripple the company should be registered and they are, they do a lot of business deals as well, that part is registered, but why register a currency? What should have they done? Just tell sec that they created a currency and some people are using it now? Obviously that wouldn't work and SEC is idiots to not realize that.
In all sense, I wanted Ripple to crash, this is not the reason why they should have crashed because this doesn't make sense, but good riddance in any case.
We have seen a ton of companies that got sued because they are unregistered, but the fact is, do you really register your currency? I understand that ripple the company should be registered and they are, they do a lot of business deals as well, that part is registered, but why register a currency? What should have they done? Just tell sec that they created a currency and some people are using it now? Obviously that wouldn't work and SEC is idiots to not realize that.
In all sense, I wanted Ripple to crash, this is not the reason why they should have crashed because this doesn't make sense, but good riddance in any case.
SEC won't stop with XRP but will also sue the rest including the ones we supported such as ETH. There will be more because they knew how weak holders are when it comes to price dumping.
XRP losing this lawsuit might also be the basis for other altcoins to lose, top altcoins are also security tokens.
By the looks of it SEC always attacks on the same thing, the "unregistered" part of the company. I hate ripple as much as anyone, I really want to see them bankrupted and ripple fully gone, however this is just a tactic by SEC to show how they have the power.
We have seen a ton of companies that got sued because they are unregistered, but the fact is, do you really register your currency? I understand that ripple the company should be registered and they are, they do a lot of business deals as well, that part is registered, but why register a currency? What should have they done? Just tell sec that they created a currency and some people are using it now? Obviously that wouldn't work and SEC is idiots to not realize that.
In all sense, I wanted Ripple to crash, this is not the reason why they should have crashed because this doesn't make sense, but good riddance in any case.
We have seen a ton of companies that got sued because they are unregistered, but the fact is, do you really register your currency? I understand that ripple the company should be registered and they are, they do a lot of business deals as well, that part is registered, but why register a currency? What should have they done? Just tell sec that they created a currency and some people are using it now? Obviously that wouldn't work and SEC is idiots to not realize that.
In all sense, I wanted Ripple to crash, this is not the reason why they should have crashed because this doesn't make sense, but good riddance in any case.
I just hope that XRP fate doesn't end like Centra. If you remember Centra, the one advertised by Floyd Mayweather, the CEO was found guilty of the charges and was imprisoned, then the Centra project died and the Centra token became worthless. If ripple doesn't fix this case or end up losing the case, there is a huge possibility that it will be dumped to oblivion. Any thought about XRP being worthless if the ripple team loses the case?
Ethereum is also unregistered security. I believe only coins with no pre-mine, no dev-fees, and use proof-of-work, cannot be sued by SEC.
IMO ICO/IEO, almost all are unregistered security.
Anyway, I think Ripple has to pay fines, just like EOS. As long as the network functionality is still up, I believe many people will still transact using XRP; thus, the value won't be zero.
IMO ICO/IEO, almost all are unregistered security.
Anyway, I think Ripple has to pay fines, just like EOS. As long as the network functionality is still up, I believe many people will still transact using XRP; thus, the value won't be zero.
Wow Imagine Ethereum losing %20-50 of its total value in a day and knowing that it is going to zero soon now that would be more exciting than watching a train wreck.
Imagine the Panic.
I bet Vitalik would suicide.
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