enrique11 Posted July 5, 2018 Share Posted July 5, 2018 (edited) https://globalcoinreport.com/here-is-the-upside-of-ripple-xrp-being-declared-a-security/ Quote So what if Ripple is declared a security? The first thing that will happen, is a total dump of the coin in the crypto-markets. It will spiral out of control worse than the meteorite that supposedly killed off the dinosaurs. Quote But they [investors] should not be disgruntled. The way I see it, Wallstreet has been begging for a Ripple IPO since last December. They were like the proverbial cat that wants to get a hold of the goldfish in the bowl. When XRP is declared a security, they will have a party. This party will be because XRP can now be regulated by the SEC and listed on the numerous traditional trading platforms in Hong Kong, Chicago, London, Sydney, New York, just to name a few. These trading platforms that never sleep, is where XRP will meet the trillions of dollars that want to invest in the newly declared security. Quote Anyone who did not dump their XRP with the news that it is a security will reap the rewards of being a HODLer but in the regulated world of securities. Of course, they will be taxed for cashing out, but with XRP having a $1 Trillion market cap, this means that XRP will be valued at around $25 dollars [in 2019]. Even if the IRS takes 50% of this, you are left still with a handsome profit larger than the anticipated [to be at least ]$10 per XRP [in 2019 if not regulated by the SEC]. Edited July 5, 2018 by enrique11 Link to comment Share on other sites More sharing options...
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