XRP Price After Lawsuit? - page 9. | Bitcointalksearch.org

Becky666

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Quote from: Couttouw on January 05, 2021, 07:34:04 AM

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

There will be a new price waiting for the coin, don't worry too much now even if something is happening right now. I'm still convinced of something of that.

Definitely there will be a new price merger after the lawsuit has been in favor of the ripple team, though the current price of ripple wasn't what we foresaw during the lawsuit against the ripple project becasue the price of ripple only fell during and re-bounced back again in full-force as we have seen in today charts. In my opinion, the price of ripple will skyrocket when this lawsuit get into their favor.

btc_angela

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I just checked the price and it seems that XRP is like 40% up in the last 7 days. I think this is due to the pump and dump by different trading signal groups. They still have a big hurdle on their plate to overcome so it will be a long way to go for them. Not discounting the fact that many exchanges have remove it's support because of these regulatory uncertainties. So just be careful for XRP investors, just profit if you can but don't be greedy as you might end up losing a bit more money riding the pump and dump.

djulz

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Quote

Ripple is not just a crypto currency.
Ripple is designed for speed and lowest fees. It is eventually going to replace SWIFT - International Bank Wire transfer which is very slow and charges very high fees. Banks have been testing Ripple's xRapid and are successful in sending funds at high speeds with fraction of the cost. Ripple made a substantial investment in Moneygram. Ripple could become new standard for cross border payments. Ripple has active partnerships with more than 40 banks and some of them major. More than 50 banks are testing Ripple.
So long term prospects for Ripple are very good. With this SEC lawsuit out of the way whenever that is, it could skyrocket.
So Ripple is not dead.

Ripple is different from XRP, the Company, Ripple may survive but the coin ,XRP, might not or just plummet to zilch. Wonder what Joel Katz (CTO) thinks about this.

Golftech

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Quote from: vk279 on January 07, 2021, 01:01:03 PM

Ripple is not just a crypto currency.
Ripple is designed for speed and lowest fees. It is eventually going to replace SWIFT - International Bank Wire transfer which is very slow and charges very high fees. Banks have been testing Ripple's xRapid and are successful in sending funds at high speeds with fraction of the cost. Ripple made a substantial investment in Moneygram. Ripple could become new standard for cross border payments. Ripple has active partnerships with more than 40 banks and some of them major. More than 50 banks are testing Ripple.
So long term prospects for Ripple are very good. With this SEC lawsuit out of the way whenever that is, it could skyrocket.
So Ripple is not dead.

All those usages will be turned into nothing once SEC interfere with this project, the team needs to work it out and make sure that
they are resolving this issue in whatever terms SEC wanted things to be done, it will be a good spark if they'll able to accomplished
the best way in resolve this concern.

vk279

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Ripple is not just a crypto currency.
Ripple is designed for speed and lowest fees. It is eventually going to replace SWIFT - International Bank Wire transfer which is very slow and charges very high fees. Banks have been testing Ripple's xRapid and are successful in sending funds at high speeds with fraction of the cost. Ripple made a substantial investment in Moneygram. Ripple could become new standard for cross border payments. Ripple has active partnerships with more than 40 banks and some of them major. More than 50 banks are testing Ripple.
So long term prospects for Ripple are very good. With this SEC lawsuit out of the way whenever that is, it could skyrocket.
So Ripple is not dead.

posi

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After the XRP coin lawsuit the price began to decline and many investors began to doubt the coin,

Technically, every cryptocurrency thats facing a law suit by the US SEC will experience decline in price especially on centralized exchange if the project team dont manage the circumstances nicely.

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even many excharge who have deleted the coin

No, exchange site can only delist the coin not delete it.

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but it is not over because later if they win in the case then the price increase will be higher, maybe at this time many feel harmed by the coin then this is an ordeal, and do not despair because there are many other coins that can be profitable.

They can not win the case if you read the reason why they are sued by the US SEC and the best thing they can do is to just pay their penalty fee if the SEC reauest it.

plr

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Quote from: Couttouw on January 05, 2021, 07:34:04 AM

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

I've checked the market just right now, and I'm surprise that Ripple is fighting back and the price is pumping weeks after the suit
$0.341770, 29.7% increase within 24 hours, and 52.2% within 7 days, I don't know if the Ripple community can sustain the pump,
I still think that it's risky to invest in Ripple because of the lawsuit coming from SEC, they are up against a powerful authority in investment industry.

Fesatmas

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Quote from: Chainsmokers on January 06, 2021, 02:01:07 PM

slowly but surely the XRP price started to rise again as the increase will continue today XRP has increased 8.96% and of course in the near future XRP will take the third position again on the marcetcap coin and shift the USDT

Is the rise a strong reference for Ripple to survive? In my opinion that is not enough to erase all suspicions which have not been muted so far. indeed the fourth rank class on MarketCap could face a very big problem. and this resulted in the gradual loss of traders' trust.

7788bitcoin

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Quote from: serjent05 on January 06, 2021, 02:00:13 PM

I don't think it is XRP is done until the court state the final verdict and XRP losses the case. As of now, it is either win or lose for XRP but yes, many holders had been jumping ship now, avoiding the possible huge losses when the ripple team is found guilty.

Some of the major investors dumped the coins this year before the SEC comes out with the lawsuit and i am surprised that the market is still moving up after the lawsuit even though news comes out that one of the co founder selling over $200 millions till last month and he might be dumping further and there are exchanges planning or already delisted the trading and yet the price has risen 39% today which is crazy.

Jating

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Most top exchanges like Binance and Coinbase already halted their deposit and withdrawal causing the price to go down. So it could be a gradual death, but assuming that they are going to fight it out with SEC (with little chance of winning), maybe investors are still hoping that it can bounce back.

Another option for them is to move out of US totally and go to a safe haven country. But I don't know, they will loss majority of their investors which is in the US.

So we will see how everything will turn out in the next six month to a year. They could levied with heavy fines in billions of dollars.

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Quote from: Couttouw on January 05, 2021, 07:34:04 AM

What do you people think of the XRP price after the lawsuit?

Feel free to comment what you think!

I think it will easily be around 30 cents, and that's about it, I do not find it going any higher at all. I think it is obvious that we are not talking about something that can recover that easily, this is something that will take some time to recover. The sad part for XRP holders is the fact that XRP was 21 cents by the start of 2020 and it is 22 cents right now, almost no increase at all.

If you check bitcoin it was 7k and now 30k+ , if you check ethereum it was 140 dollars now 1100+ dollars, if you check others you will see that similar type of increase happened in other things as well. However XRP made nothing, for a while there because of spark giveaway, there was 90+ cents, but that was short termed and it went under 50 cents after that, and after the big lawsuit thing it became 22 cents now, so it is really doing horribly for the investors.

trauchot

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It is still difficult to say, but the price of XRP has already dropped very much and most likely soon the price of XRP will fall even more dramatically, but when all these courts will end, it is not known what will happen to the price of XRP, so here we can only guess and hope for the best.

Chainsmokers

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slowly but surely the XRP price started to rise again as the increase will continue today XRP has increased 8.96% and of course in the near future XRP will take the third position again on the marcetcap coin and shift the USDT

serjent05

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Quote from: disconnectme on January 05, 2021, 03:39:15 PM

I don't know why some people are living in denial, XRP is done, it is a gradual death from now, there is no way they come out of all these shenanigans thesame, I still feel more and more exchanges will delist it because the trading volume will dry out, those big funds will continue to dump it and retail investors will end up a badholders

I don't think it is XRP is done until the court state the final verdict and XRP losses the case. As of now, it is either win or lose for XRP but yes, many holders had been jumping ship now, avoiding the possible huge losses when the ripple team is found guilty.

Quote from: JooBra on January 05, 2021, 04:10:43 PM

There is big IF but let's see what happens. As for now with everything what happened I think the price kept up pretty well. I assumed it will go more down.

I am kinda surprised that XRP is holding its ground despite of many holders selling their holdings. I wonder when will the market support last.

AssociatesBumble579

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The Ripple has same as a previous position after lawsuit. XRP has fallen down as compare with LTC. I think it will be huge dump upcoming days because the majority percent, investors has been sold out their reserved XRP but no one can not buy the coin and exchange ration not well as previous.

Miaallen

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I believe the price fall is attached to the lawsuit and delisting of the XRP from the US based cryptocurrency exchanges. Ripple as a company has been established and I doubt the SEC is fighting this to close down the company. It is a matter of XRP CEO coming to his senses and negotiate out of court with the SEC. They should also obtain the required documents and licences for them to operate.
I'm sure once all those are done, XRP will be back on its feet. And those that are even saying negative things about it not being decentralized will also come back to buy the coin even if it is just for short term profits sake.

JooBra

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Quote from: ardentvolcanoes on January 05, 2021, 03:46:04 PM

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I don't think it will make such huge increases until this case is concluded. But I think if he wins a victory over the SEC, he will easily go up $ 1 or more. But until then, I think xrp should be avoided.

It will jump high if the team will win over SEC the confidence of more investors will show back, but for now they need to settle the problem

or else they will lose more support from the investors, adding to their problem are those exchange who already announced the removal of

this coin from their service, it will affect much deeper.

There is big IF but let's see what happens. As for now with everything what happened I think the price kept up pretty well. I assumed it will go more down.

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Quote from: ardentvolcanoes on January 05, 2021, 03:46:04 PM

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I don't think it will make such huge increases until this case is concluded. But I think if he wins a victory over the SEC, he will easily go up $ 1 or more. But until then, I think xrp should be avoided.

It will jump high if the team will win over SEC the confidence of more investors will show back, but for now they need to settle the problem

or else they will lose more support from the investors, adding to their problem are those exchange who already announced the removal of

this coin from their service, it will affect much deeper.

And we don't know when will they resolved this case. So right now, it is better to park your interest on XRP. This case may go on for years, who knows? So until then, I don't want to speculate the price after this battle. But if the XRP team can manage to end this case in short period of time, then more than likely, their price will go up.

ardentvolcanoes

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I don't think it will make such huge increases until this case is concluded. But I think if he wins a victory over the SEC, he will easily go up $ 1 or more. But until then, I think xrp should be avoided.

It will jump high if the team will win over SEC the confidence of more investors will show back, but for now they need to settle the problem

or else they will lose more support from the investors, adding to their problem are those exchange who already announced the removal of

this coin from their service, it will affect much deeper.

disconnectme

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I don't know why some people are living in denial, XRP is done, it is a gradual death from now, there is no way they come out of all these shenanigans thesame, I still feel more and more exchanges will delist it because the trading volume will dry out, those big funds will continue to dump it and retail investors will end up a badholders

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