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Topic: XRP - Ripple Currently being sued for 1 BILLION? (Read 2018 times)

member
Activity: 378
Merit: 10
I think R3 will start selling the Ripples won, after which the price of XRP will drop very low.
If this happens, we can buy Ripple at very competitive prices. In my opinion, in any case, Ripple will grow strongly in the future.
member
Activity: 231
Merit: 10
Ripple Clears The FUD Whether It’s “Centralized Or Decentralized”

Hey check this news : https://coingape.com/ripple-clears-about-centralized-or-decentralized/
Can you imagine what will happen to the price if they will increase 1 Billion supply every month and come to think who is going to buy and dump those coin in case it would pumped up.Not to mention who will get rich and who will get broke if that coin will get dumped.
member
Activity: 266
Merit: 12
Ripple Clears The FUD Whether It’s “Centralized Or Decentralized”

Hey check this news : https://coingape.com/ripple-clears-about-centralized-or-decentralized/
This is really an old thread and news why bump this thread. I believed whatever that happened between Ripple and R3 has been resolved. Moreover on the issue of Ripple been a decentralized or a centralized coin. This hasn't been cleared yet because a lot of people still believe that Ripple is a centralized coin. In any way, Ripple is still a good coin whether centralized or decentralized it depends on choose.
jr. member
Activity: 227
Merit: 1
Not sure why this would affect price at all. It's not like R3 would sell every token instantly.

Ripple regularly releases a billion coins into circulation. Just since the beginning of last September they released over 3 billion more coins. These US legal cases take years sometimes, so likely 10 billion or more will be released before the case is decided. Another 10 billion during the appeal.

If R3 wins the profit is just split between Ripple and R3. No difference. Remember Ripple has billions and billions more of these centralized tokens they plan on releasing anyhow.

So, unlike other coins, Ripple is not limited to supply? Can they produce coins as they want more and more? IN that case, the value should be 0. Otherwise, the creator of the coin is the real gainer, not us.
newbie
Activity: 30
Merit: 0
i've overevaluate RIPPLE. but after this news, i know i was wrong. in this market, prestige the most important
newbie
Activity: 25
Merit: 0
Ripple Clears The FUD Whether It’s “Centralized Or Decentralized”

Hey check this news : https://coingape.com/ripple-clears-about-centralized-or-decentralized/
member
Activity: 69
Merit: 10
Cryptos = New hope in life!
XRP is bankers shit.. we can profit from it (very short trades)
member
Activity: 197
Merit: 10
I wouldn't be surprised if more informations like this were to come out.

you're an idiot, and the lawsuit was thrown out because R3 didn't meet its obligations
https://twitter.com/bgarlinghouse/status/918876945806327808

I see they've won somehow. Good for them. I have earned quite a lot trading in XRP so the least I can do is cheer them on. I don't own any anymore though but might get back some time.
member
Activity: 221
Merit: 10
-11% over a day session when the rest are rising or staying at the same level. Not so good...
newbie
Activity: 75
Merit: 0
Could be some big XRP price drops coming up. As always, buy the dips!  Grin
full member
Activity: 221
Merit: 100

Ripplpe is the crypto of the banks, the enemy, I hope it goes to $0, or even negative would be better
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
ripple trash. is centralize digital currency, not cryptocurrency.

Agreed.. they started this 100% premined shit coin routine that plagues crypto today.
They chose to push the banks bullshit then handled their coin like shit too.
Manipulating fraudsters the lot of them.
newbie
Activity: 10
Merit: 0
What are the chances that the lawsuit results in anything substantial?
hero member
Activity: 756
Merit: 500
I wonder the value of it next month.
newbie
Activity: 33
Merit: 0
I sold my ripples (for profit of course). Too much shady things going around with this one.
member
Activity: 106
Merit: 10
I don't understand that why we people are buying this centralized currency which is being backed by banks. There sole purpose of creating bitcoin was to move away from these powers and create a peaceful place for all of us to live together without all these wars.
Simple answer, if you can't beat them, join them! enough said
newbie
Activity: 4
Merit: 0
I don't understand that why we people are buying this centralized currency which is being backed by banks. There sole purpose of creating bitcoin was to move away from these powers and create a peaceful place for all of us to live together without all these wars.
Whether is centralized or not is NOT the only reason. We will see many centralized crypto coins in the future. For example Russia is planning to issue its own cryptocurrency soon. So it's just transforming from paper money to digital money.
full member
Activity: 308
Merit: 100
Blockchain Just Entered The Real World
I don't understand that why we people are buying this centralized currency which is being backed by banks. There sole purpose of creating bitcoin was to move away from these powers and create a peaceful place for all of us to live together without all these wars.
member
Activity: 87
Merit: 10
wow I sold my XRP in time
full member
Activity: 420
Merit: 110
I wouldn't be surprised if more informations like this were to come out.

you're an idiot, and the lawsuit was thrown out because R3 didn't meet its obligations
https://twitter.com/bgarlinghouse/status/918876945806327808

Glad to read the tweet you shared! I also found this article with more information on the case: http://fortune.com/2017/10/13/blockchain-ripple-r3/ The case might not be over yet, but as they say it is a significant victory for Ripple.
In the meantime I will continue holding my Ripple hoping it increases. It was a small investment so I am not going to sell everything desperately.
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