xrp-nuke Posted December 22, 2020 Share Posted December 22, 2020 4 minutes ago, Troote said: It is interesting. I don't know whether to sell. Crypto is weird, bad news = pump. I think XRP will move up in the short term. The other thing is: if XRP is deemed to NOT be a security, then it's moonshot guaranteed... I kind of like the idea of XRP being at $15. If it is deemed to be a security, Ripple will be fined like it was back in 2015 and chances are - things will continue as normal. Or maybe exchanges will be forced to stop trading XRP in the US. Hmmmmmmmm.... First: no conformation from sec Second: its gonna take years and you pump and dump many times But yeah go ahead wtv you feel is best for ya Link to comment Share on other sites More sharing options...
7Sol Posted December 22, 2020 Share Posted December 22, 2020 (edited) Cheer up I just got my flares! Was worth 0.05 now down to 0.045 Edited December 22, 2020 by 7Sol Link to comment Share on other sites More sharing options...
Quadripple Posted December 22, 2020 Share Posted December 22, 2020 Looking at XRP sliding down further, it appears the SEC lawsuit confirmation news wasn't priced in yet in the retrace from 60 cents for example. I wouldn't be surprised to see a correction to the .30s before going up again. Bill42069 and LetHerRip 1 1 Link to comment Share on other sites More sharing options...
manateehunter Posted December 22, 2020 Share Posted December 22, 2020 Meh. This needed to be resolved sooner or later. Obvious panic selling will occur, but lawsuits of that magnitude take a long time to resolve, and ripple has enough capital to hire the best financial lawyers and scholars. I would be amazed to find they haven't had a thorough independent evaluation on this already. This is either already predecided and the suit is a formality, or we've been involved in the most elaborate scam of the century so far. Cesar1810, Rty-Quilla and Bill42069 3 Link to comment Share on other sites More sharing options...
Bill42069 Posted December 22, 2020 Share Posted December 22, 2020 8 minutes ago, manateehunter said: Meh. This needed to be resolved sooner or later. Obvious panic selling will occur, but lawsuits of that magnitude take a long time to resolve, and ripple has enough capital to hire the best financial lawyers and scholars. I would be amazed to find they haven't had a thorough independent evaluation on this already. This is either already predecided and the suit is a formality, or we've been involved in the most elaborate scam of the century so far. Exactly. No chance this actually goes to trial if they do move forward with suit. Settlement like EOS and others. Many also think SEC have no grounds. Short term panic selling. More chances to buy low. Double digit prices are more likely than not in 1-3 year time frame Rty-Quilla 1 Link to comment Share on other sites More sharing options...
Quadripple Posted December 22, 2020 Share Posted December 22, 2020 47 minutes ago, manateehunter said: Meh. This needed to be resolved sooner or later. Obvious panic selling will occur, but lawsuits of that magnitude take a long time to resolve, and ripple has enough capital to hire the best financial lawyers and scholars. I would be amazed to find they haven't had a thorough independent evaluation on this already. This is either already predecided and the suit is a formality, or we've been involved in the most elaborate scam of the century so far. Yes, I'm not saying Ripple is gonna die or so. No panic. But just an observation on short term price action. LetHerRip 1 Link to comment Share on other sites More sharing options...
anteksiler Posted December 22, 2020 Share Posted December 22, 2020 Imho, we are looking at another 2-3 years consolidation before the case is resolved. Rty-Quilla, Hopium and LetHerRip 1 2 Link to comment Share on other sites More sharing options...
manateehunter Posted December 22, 2020 Share Posted December 22, 2020 36 minutes ago, Quadripple said: Yes, I'm not saying Ripple is gonna die or so. No panic. But just an observation on short term price action. Agreed. Short term price action is obvious and we may dip much lower based on panic selling, those who acted on the news right away are reaping the benefits. I wasn't reacting to your post specifically, just to the news. Quadripple 1 Link to comment Share on other sites More sharing options...
Gamblord Posted December 22, 2020 Share Posted December 22, 2020 If Ripple settles that would make XRP a security in the eyes of the law, wouldn't it? They don't have a choice but to fight it? Link to comment Share on other sites More sharing options...
XrpWave Posted December 22, 2020 Share Posted December 22, 2020 $ 0,45 now, so much going on with crypto, just forgot about the security case. It's taken to long anyway. I guess we need to wait a bit longer to see a price blast off. Like a mentioned earlier, some people don't want XRP to succeed. If the outcome is it is NOT a security, is that the moment we blast to the sky Link to comment Share on other sites More sharing options...
JJJ2 Posted December 22, 2020 Share Posted December 22, 2020 (edited) 17 minutes ago, XrpWave said: $ 0,45 now, so much going on with crypto, just forgot about the security case. It's taken to long anyway. I guess we need to wait a bit longer to see a price blast off. Like a mentioned earlier, some people don't want XRP to succeed. If the outcome is it is NOT a security, is that the moment we blast to the sky As far as I can read in the other thread (below), even being judged a security does not mean at all that xrp and Ripple will cash a defeat: Edited December 22, 2020 by JJJ2 Link to comment Share on other sites More sharing options...
Gamblord Posted December 22, 2020 Share Posted December 22, 2020 Brad G didn't sound like he was interested in settling. If he doesn't this law suit will hang over xrp holder's heads for the bull run of 2021. anteksiler and LetHerRip 2 Link to comment Share on other sites More sharing options...
DamianPawian Posted December 22, 2020 Share Posted December 22, 2020 49 minutes ago, Gamblord said: Brad G didn't sound like he was interested in settling. If he doesn't this law suit will hang over xrp holder's heads for the bull run of 2021. Lawsuit filled during Trump which will be dealt by Biden's administration. C'mon be slightly more positive. In any case price is going down where the cap is going up. Each time market takes a hit there is lament here, at the same time you all claim to be hodlers. smoothy 1 Link to comment Share on other sites More sharing options...
Moonraker Posted December 22, 2020 Share Posted December 22, 2020 23 hours ago, Baka said: It depends , I would wait more we may see lower prices. If BTC broke under 22900$ , to me it's a sign we may see 20k again or even lower but It still can change . I sold a % of my XRP at 0.575$ yesterday , I'll wait a little more to rebuy Any thoughts of buying more now or do you think it will drop even further? Link to comment Share on other sites More sharing options...
anteksiler Posted December 22, 2020 Share Posted December 22, 2020 Looks like 2021 wont pass like moonboys have predicted. LetHerRip 1 Link to comment Share on other sites More sharing options...
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