BillyOckham Posted October 14, 2021 Share Posted October 14, 2021 10 minutes ago, RikkiTikki_is_Back said: I think this argument was shot down when the SEC launched their suit and the price tanked and has been suppressed since. The SEC influenced the price then. I respectfully disagree with your conclusion. Yes the price tanked. But that, in my opinion, was based on two factors more than any other: the action meant that USA exchanges were shortly going to delist the coin there was the risk and fear that XRP is declared a security and the chilling effect that would have on many XRP usage scenarios including but not limited to Ripple Additionally one can find many instances where Ripple news did nothing to the price. On the other hand, correlation to BTC is almost absolute with very few moments of disconnect. So I think the connection to BTC is much stronger than to Ripple. Julian_Williams, StellaBlueZerps and RikkiTikki_is_Back 3 Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now