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Parabellum

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Parabellum last won the day on September 10 2015

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  1. Impartial and trustworthy source.
  2. Welp, at least that is something anyone can work with here. It shows that she is attached, so fine, points for you. You could have just sent the screenshot and be remotely constructive from the get-go though. I do not think this changes much, if anything really. Ripple is still confronted with a case it desperately needs to settle, as the alternative is this dragging on for years on end. However, settlement in itself will take considerable time too, and settlement negotiations tend to start later instead of sooner in the court cycle. I hope you are not of the tribe that thinks there will
  3. Ad hominems are in such bad taste. I understand if you are emotionally attached due to your probable date of entry into XRP, but this type of thing is a clear no go. Instead, provide the evidence: she is not listed here https://unicourt.com/case/pc-db5-securities-and-exchange-commission-v-ripple-labs-inc-et-al-777995 Also, again, if she is attached, why would that change the arguments above? Being the former SEC chair does not give the power to bend time and space, or to change historical facts. Why are you so adamant on claiming that her presence is crucially important?
  4. Being present and doing her job, if she is even attached to it: there is no clear proof that she is besides some low quality article about it (the potential source here?) on a rag website. Last time we really heard about her was all the way back in 2018 regarding the civil suits. If she is attached, she will be present and merely fulfilling the terms of her contract. And that will be regarding her current firm: she is not on Ripple's salary list, in case you think that. Also, if she is doing the case it does not mean that in some magical, nonsensical way a 'win' for Ripple is incoming, as tha
  5. Many times: you could even say it was the norm for quite some time, especially around 2017 / 2018. The famous 'connect the dots' exercise that lead to the most hilarious 'connections' that weren't there. The strategy you rightfully criticize is the type of exercise that leads to blurring the line between reality and fantasy. What the poster above forgets is that exactly the same talk was going on in the past, only this time around guys like Ken Kurson who was supposed to be 'close' to the Trump administration and that this would work in Ripple's favor. He was close though, but only regard
  6. Oh, you are free to know: I cut the chord around the SEC suit, but only after taking account of all the available facts. That includes the looming 2021 bull market for the entirety of crypto and the expectations of XRP underperforming, which are very high. Quite sure I was number 8 or something on this forum to register, just after it was opened. Invested all the way back in 2014 (can still remember the old board, XRPtalk) and weathered plenty of storms in XRP, but the SEC case together with consistent leadership failure at Ripple was enough for me to tap out. It was the final straw: it w
  7. "I could be wrong" I hope you indeed take that into account, because what you just unfolded here is some downright tinfoil nonsense. There are no clear pointers that salvation is coming anytime soon by some magical change in legislation that is apparantly tailor made to save Ripple. If Ripple's past 4 years of failed lobbying in D.C. wasn't a strong sign, or the unwillingness of the previous administration to do anything about the legal status of crypto currencies like XRP, I don't know what is. You are clamping on to hopium right now I fear, as so many XRP investors are doing too. It
  8. You have to realize that settlement is not something that will happen in February, or in March. It will probably take a year, if not well over a year, and even then it takes two to tango. There is no guarantee that Ripple can settle under favorable terms. The SEC courtcase can drag on for several years in turn. This case in comparison is not that complicated and could be ended well before Ripple even settles with the SEC. Furthermore, the settlement angle is irrelevant: the SEC taking Ripple to court gives Tetragon the right to redeem, so much appears to be the case. Everything that foll
  9. Yes, that is what is being said. That does not give it legal status as a security by the way, but that is irrelevant for this suit. The single determination by the SEC that XRP is a security - which the SEC made by bringing Ripple to court - is enough here. Even if the determination is incorrect, which it of course could be, is of no consequence here. Unless Tetragon blatantly lied in the suit regarding the parts of the agreement they quoted, which is, let's be honest here, a completely absurd thing to imagine, Ripple will (very) likely lose here. These are literal quotes that give us th
  10. I read the suit, have a legal background, however not in relevant US state or federal law (we don't use it, here in Europe ). That being said, I don't even think it is a requirement: anyone of decent personal level should be able to read through the suit, look at the facts and consider who got the best odds of winning here. And Ripple's situation looks bleak, to say the least. We see factual quotes of the terms between Ripple and Tetragon that cannot be ignored - and that clearly shift the case against Ripple. Knowing that, I with good reason call this part in Ripple's press statement ut
  11. Indeed, also based on other facts out of that suit. Ripple is in a very weak position here and they will very unlikely win this. It makes you think again about that short statement Ripple put on its website again. Not for no reason do I call it misleading for XRP investors, because that is what it is. You could almost call it a lie even, but it falls just short of that. The regular PR smoke and mirrors tactics however - again, for the so manieth time for Ripple - inspire that message they put out. Here it is for all to compare: https://ripple.com/ripple-press/ripples-statement-on-yes
  12. That being said, I did not mention it to patronize. It's just a trap people fall for quite easily. Quite sure I did that at some point in the past too. But in the end, it is you who needs to make the decisions, and no one else. Given that people tend to have a skewed look at things, it is easy to follow wrong advice. The SEC suit hit like a bombshell and the response that followed was understandable. For me, it signals failure on Ripple's side, but not only that. Ripple as a company may very well be threathened in its continuity by it, together with the other pendings suits already. I am
  13. Ask yourself why you are looking for 'reassurance'. That is no grown-up investment strategy: it shows that you are very dependent on the opinions of others, while you and only you are in the end responsible for your own investments. The pragmatic direction right now, by the way, is on the bearish side. There is a lot of hopium being thrown around on Twitter and the like, and also here, but you need to look at the cold, hard facts and make a decision based on that. And you need to do that yourself: you cannot rely on others to do that for you. Again: that is no strategy, and you should rea
  14. You did not read at all in that case. The Wells Notice was delivered in October. Dated the 19th, as it appears. 60 days later, the courtcase landed. Ripple knew about this ever since October already. Some excerpts out of the suit: In other words, Ripple is obliged to sell XRP if it cannot fund Tetragon, even though it appears it can. But there are important take-aways here: - Ripple got 250 million in cash available, end of Q3. This will have dwindled probably at this point, but still. - Tetragon takes account for 175 million out of the entire 200 million Series C. So a
  15. @Dogowner5 About that: Nik Bougalis finally snapped towards the type of people you refer to: And rightfully so. The people as the guy he replies to are absolute cancer to the XRP community. They add nothing, besides shame and comedy. It's time they start to disappear, on each and every XRP oriented hub. That includes this place: clear them out and make sure they are not welcome.
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